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
ENGELSMA FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)401 E 8TH ST STE 319
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SIOUX FALLS, SD571037031
A Employer identification number

71-0924087
B Telephone number (see instructions)

(605) 336-6832
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$7,342,936J 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      
4 Dividends and interest from securities... 141,310 140,089  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 370,352
b Gross sales price for all assets on line 6a 974,535
7 Capital gain net income (from Part IV, line 2)... 370,352
8 Net short-term capital gain......... 0
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).......      
12 Total. Add lines 1 through 11........ 511,662 510,441  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 61,784 24,759   37,025
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,042 1,108   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 332 83 0 249
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 69,183 25,950 0 37,299
25 Contributions, gifts, grants paid....... 366,830 366,830
26 Total expenses and disbursements. Add lines 24 and 25 436,013 25,950 0 404,129
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 75,649
b Net investment income (if negative, enter -0-) 484,491
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.............      
2 Savings and temporary cash investments......... 90,924 216,159 216,159
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 2,747,223 Click to see attachment2,777,531 5,411,281
c Investments—corporate bonds (attach schedule)....... 1,656,918 Click to see attachment1,505,179 1,627,800
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment72,200 Click to see attachment87,696
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,495,065 4,571,069 7,342,936
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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........ 4,495,065 4,571,069
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,495,065 4,571,069
30 Total liabilities and net assets/fund balances (see instructions). 4,495,065 4,571,069
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
4,495,065
2
Enter amount from Part I, line 27a .....................
2
75,649
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
355
4
Add lines 1, 2, and 3 ..........................
4
4,571,069
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
4,571,069
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 500. JOHNSON & JOHNSON   2003-11-21 2020-02-26
b 2500. PENTAIR PLC     2020-02-26
c 600. GENERAL MILLS INC   2003-09-26 2020-03-11
d 750. HORMEL FOODS CORP     2020-03-11
e 1600. GENERAL MILLS INC   2003-09-26 2020-04-13
500. JOHNSON & JOHNSON   2003-11-21 2020-04-13
150. JOHNSON & JOHNSON   2003-11-21 2020-04-24
50. ELI LILLY & CO   2019-11-27 2020-04-24
700. EXXON MOBIL CORP   2014-09-19 2020-09-28
350. CORE LABORATORIES N.V.   2019-03-12 2020-09-28
150000. NATIONAL RURAL UTIL COOP 2% 15 OCT 2020   2013-04-08 2020-10-15
600. C.H. ROBINSON WORLDWIDE INC   2016-11-01 2020-10-20
600. WALT DISNEY CO/THE   2009-02-09 2020-10-20
1400. DONALDSON CO INC   2014-09-19 2020-10-20
425. HONEYWELL INTERNATIONAL INC   2003-11-21 2020-10-20
400. 3M CO     2020-10-20
.3155 VIATRIS INC   2003-09-26 2020-11-25
496. VIATRIS INC   2003-09-26 2020-12-08
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS 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 72,627   25,340 47,287
b 106,626   45,935 60,691
c 31,247   14,149 17,098
d 31,873   26,461 5,412
e 92,276   37,731 54,545
70,158   25,340 44,818
23,194   7,602 15,592
8,137   5,892 2,245
24,777   68,227 -43,450
5,627   23,799 -18,172
150,000   150,000  
60,480   41,054 19,426
75,130   11,562 63,568
71,481   58,218 13,263
73,723   11,781 61,942
68,311   44,684 23,627
5   4 1
8,807   6,404 2,403
      56
      56
      56
      56
      56
      56
      56
      56
      56
      56
      56
      56
      56
      56
      56
      56
      56
      56
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       47,287
b       60,691
c       17,098
d       5,412
e       54,545
      44,818
      15,592
      2,245
      -43,450
      -18,172
       
      19,426
      63,568
      13,263
      61,942
      23,627
      1
      2,403
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 370,352
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 6,734
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 6,734
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 6,734
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 4,218
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 9,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,718
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 6,984
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet6,984 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletDORSEY & WHITNEY TRUST COMPANY LLC Telephone no.bullet (605) 336-6832

    Located atbullet401 E 8TH ST STE 319SIOUX FALLSSD ZIP+4bullet571037031
    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
    SHARON KORSH VICE-PRESIDENT AND DIRECTOR
    1     		0    
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    SUSAN WILCOX PRESIDENT AND DIRECTOR
    1     		0    
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    DANIEL ENGELSMA TREASURER AND DIRECTOR
    1     		0    
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    BARBARA DIESSNER SECRETARY
    1     		0    
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    BRUCE ENGELSMA DIRECTOR
    1     		0    
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    BRADLEY ENGELSMA DIRECTOR
    1     		0    
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    JESSICA ENGELSMA DIRECTOR
    1     		0    
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    NICOLE SLATTERY DIRECTOR
    1     		0    
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    PAIGE WILCOX DIRECTOR
    1     		0    
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    BRANDON DIESSNER DIRECTOR
    1     		0    
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    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
    Dorsey Whitney Trust Company LLC CUSTODIAN AND MANAGE 61,708
    401 EAST EIGHTH STREET SUITE 319
    SIOUX FALLS,SD57103
    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.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,575,617
    b
    Average of monthly cash balances.......................
    1b
    214,689
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,790,306
    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
    6,790,306
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    101,855
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,688,451
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    334,423
    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
    334,423
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    6,734
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,734
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    327,689
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    327,689
    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
    327,689
    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
    404,129
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    404,129
    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
    404,129
    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 7 327,689
    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...... 0
    b From 2016...... 0
    c From 2017...... 29,116
    d From 2018...... 59,518
    e From 2019...... 73,339
    fTotal of lines 3a through e........ 161,973
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 404,129
    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..... 327,689
    e Remaining amount distributed out of corpus 76,440
    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 5 238,413
    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 ......     		238,413
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 29,116
    c Excess from 2018.... 59,518
    d Excess from 2019.... 73,339
    e Excess from 2020.... 76,440
    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
    Abbott Northwestern Hospital Foundation
    PO BOX 43
    Minneapolis,MN55440     		N/A PC COVID-19 CRISIS FUND 10,000
    UNITED NEGRO COLLEGE FUND INC
    1805 7TH STREET NW
    WASHINGTON,DC20001     		N/A PC GENERAL OPERATING FUND 50
    CYSTIC FIBROSIS FOUNDATION
    4550 MONTGOMERY AVE STE 1100N
    BETHESDA,MD20814     		N/A PC GENERAL OPERATING FUND 2,000
    Comprehensive Advanced Life Support
    Program
    717 DELAWARE ST SE SUITE 508
    Minneapolis,MN55414     		N/A PC GENERAL OPERATING FUND 500
    AT HOME GROUP INC
    PO BOX 40561
    MINNEAPOLIS,MN55104     		N/A PC GENERAL OPERATING FUND 13,000
    MicroGrants
    1035 E FRANKLIN AVE
    Minneapolis,MN55404     		N/A PC GENERAL OPERATING FUND 5,000
    Gildas Club Twin Cities Inc
    10560 WAYZATA BLVD
    Minneapolis,MN55305     		N/A PC GENERAL OPERATING FUND 500
    Center for Food Action
    192 W DEMAREST AVE
    Englewood,NJ07631     		N/A PC GENERAL OPERATING FUND 850
    Minnesota Landscape Arboretum Foundation
    3675 ARBORETUM DR
    Chaska,MN55318     		N/A PC GENERAL OPERATING FUND 500
    PARK NICOLLET FOUNDATION
    6500 EXCELSIOR BLVD
    ST LOUIS PARK,MN55426     		N/A PC PARK NICOLLET FOUNDATION 1,000
    SECOND HARVEST HEARTLAND
    1140 GERVAIS AVENUE
    ST PAUL,MN55109     		N/A PC GENERAL OPERATING FUND 3,000
    Cocos Heart Dog Rescue
    126 2ND STREET
    Hudson,WI54016     		N/A PC GENERAL OPERATING FUND 500
    Onevillage Partners
    715 FLORIDA AVE S SUITE 101
    MINNEAPOLIS,MN55426     		N/A PC 500 CHEERS TO 10 YEARS, 5,500
    Northside Achievement Zone
    2123 WEST BROADWAY AVENUE SUITE 100
    Minneapolis,MN55411     		N/A PC GENERAL OPERATING FUND 5,000
    URBAN VENTURES LEADERSHIP FOUNDATION
    2924 4TH AVE S
    MINNEAPOLIS,MN55408     		N/A PC GENERAL OPERATING FUND 35,100
    ALPHA PHI FOUNDATION INC
    1930 SHERMAN AVE
    EVANSTON,IL60201     		N/A PC RED DRESS GALA 50
    ANIMAL HUMANE SOCIETY
    845 MEADOW LANE NORTH
    MINNEAPOLIS,MN55422     		N/A PC GENERAL OPERATING FUND 12,000
    DUNWOODY COLLEGE OF TECHNOLOGY
    818 DUNWOODY BLVD
    MINNEAPOLIS,MN55403     		N/A PC DUNWOODY YCAP PROGRAM 15,000
    GUSTAVUS ADOLPHUS COLLEGE
    800 W COLLEGE AVENUE
    SAINT PETER,MN56082     		N/A PC GENERAL OPERATING FUND 100
    FRASER
    2400 W 64TH ST
    MINNEAPOLIS,MN55423     		N/A PC GENERAL OPERATING FUND 30,000
    HOUSE OF CHARITY INC
    510 SOUTH 8TH STREET
    MINNEAPOLIS,MN55404     		N/A PC GENERAL OPERATING FUND 25,000
    MOUNT OLIVET ROLLING ACRES INC
    18986 LAKE DR E
    CHANHASSEN,MN55317     		N/A PC 625 TO ANDREA BROWN, 7,500 8,125
    SUMMIT ACADEMY OIC
    935 OLSON MEMORIAL HWY
    MINNEAPOLIS,MN55405     		N/A PC GENERAL OPERATING FUND 21,000
    Lake Street Council
    919 E LAKE ST
    Minneapolis,MN55407     		N/A PC GENERAL OPERATING FUND 10,100
    Childrens Theater Company & School
    2400 THIRD AVENUE SOUTH
    Minneapolis,MN55404     		N/A PC GENERAL OPERATING FUND 5,000
    The Edina Community Foundation
    5280 GRANDVIEW SQUARE
    Edina,MN55424     		N/A PC 2020 EDINA HS SENIOR CLASS 250
    GREATER MINNEAPOLIS CRISIS NURSERY
    4544 4TH AVENUE SOUTH
    MINNEAPOLIS,MN55419     		N/A PC GENERAL OPERATING FUND 25,000
    CAN DO CANINES
    9440 SCIENCE CENTER DRIVE
    NEW HOPE,MN55428     		N/A PC GENERAL OPERATING FUND 500
    TAKEACTION MINNESOTA EDUCATION FUND
    705 RAYMOND AVE STE 100
    SAINT PAUL,MN55114     		N/A PC BLACK VISION FUND 100
    Assistance League of Minneapolis-St Pau
    6416 PENN AVENUE SOUTH
    Richfield,MN55423     		N/A PC GENERAL OPERATING FUND 275
    N C LITTLE MEMORIAL HOSPICE INC
    7019 LYNMAR LANE
    EDINA,MN55435     		N/A PC GENERAL OPERATING FUND 22,500
    Childrens Health Care Foundation
    2525 CHICAGO AVE
    Minneapolis,MN55404     		N/A PC GENERAL OPERATING FUND 1,000
    Regions Hospital Foundation
    640 JACKSON ST MAIL STOP 11202C
    Saint Paul,MN55101     		N/A PC COVID-19 RESPONSE AND 10,000
    Edina Education Fund
    5701 NORMANDALE ROAD
    Minneapolis,MN55424     		N/A PC JOHN HANKINSON LEGACY 100
    The Saint Paul Foundation
    101 FIFTH STREET EAST SUITE 2400
    Saint Paul,MN55101     		N/A PC MN DISASTER RECOVERY FUND 50,100
    UNIVERSITY OF MINNESOTA FOUNDATION
    200 OAK ST STE 500
    MINNEAPOLIS,MN55455     		N/A PC 100 KATHY S THOMPSON FUND, 15,100
    Oakland Public Education Fund
    PO BOX 71005
    Oakland,CA94612     		N/A PC GENERAL OPERATING FUND 500
    Minnesota Peacebuilding Leadership
    Institute
    PO BOX 3717
    Minneapolis,MN55403     		N/A PC GENERAL OPERATING FUND 5,000
    Center for Open Science Inc
    210 RIDGE MCINTIRE ROAD SUITE 500
    Charlottesville,VA22903     		N/A PC GENERAL OPERATING FUND 250
    Antioch Community Church - Fullerton
    524 W COMMONWEALTH AVE STE C
    FULLERTON,CA92832     		N/A PC MARK AND CRYSTAL SPEETER 1,000
    Jack's Caregiver Coalition
    14104 HIDDEN VIEW RD NE
    Prior Lake,MN55372     		N/A PC GENERAL OPERATING FUND 5,000
    Humane Society of The United States
    1255 23RD STREET NW SUITE 450
    WASHINGTON,DC20037     		N/A PC GENERAL OPERATING 180
    Pinky Swear Foundation
    5555 WEST 78 STREET SUITE E
    Edina,MN55439     		N/A PC GENERAL OPERATING FUND 10,000
    The Ability Experience
    PO BOX 241368
    Charlotte,NC28224     		N/A PC GENERAL OPERATING FUND 156
    The Ironman Foundation Inc
    3407 W DR MARTIN LUTHER KING JR BLV
    Tampa,FL33607     		N/A PC GENERAL OPERATING FUND 750
    HOLISTIC MINISTRY OF CHILDREN
    OF THE HORN AFRICA
    PO BOX 591
    HOPKINS,MN55343     		N/A PC FURTHER BENEFIT HAFTAMU & 360
    The Sheridan Story
    2723 PATTON ROAD
    Roseville,MN55113     		N/A PC GENERAL OPERATING FUND 5,540
    Gutter Punk Coffee
    3125 10TH AVE S APT 11
    Minneapolis,MN55407     		N/A PC GENERAL OPERATING FUND 500
    University of Colorado Foundation
    1800 N GRANT ST STE 725
    Denver,CO80203     		N/A PC UNIV OF CO BOULDER COLLEGE 100
    CENTER FOR ACTION AND CONTEMPLATION INC
    PO BOX 12464
    ALBUQUERQUE,NM87195     		N/A PC GENERAL OPERATING 100
    LEWA WILDLIFE CONSERVANCY USA
    PO BOX 4449
    NEW YORK,NY10163     		N/A PC GENERAL OPERATING 200
    People & Pets Together
    3745 BLOOMINGTON AVE
    Minneapolis,MN55407     		N/A PC GENERAL OPERATING FUND 250
    Walla Walla Symphony Society Inc
    PO BOX 92
    Walla Walla,WA99362     		N/A PC IN MEMORY OF JOHN HUNTSMAN, 144
    ORINDA NETWORK FOR EDUCATION
    21 C ORINDA WAY 123
    ORINDA,CA94563     		N/A PC GENERAL OPERATING FUND 1,000
    Tides Center
    PO BOX 29907
    San Francisco,CA94129     		N/A PC GENERAL OPERATING FUND 250
    PLAYWORKS EDUCATION ENERGIZED
    638 3RD STREET
    OAKLAND,CA94607     		N/A PC GENERAL OPERATING FUND 1,000
    UC San Diego Foundation
    9500 GILMAN DRIVE MC 0940
    La Jolla,CA92093     		N/A PC BENEFIT THE TRITON FOOD 500
    Tostan Inc
    718 7TH STREET NW 2ND FLOOR
    Washington,DC20001     		N/A PC GENERAL OPERATING FUND 250
    Total .................................bullet 3a 366,830
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 141,310  
    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 ............     		    18 370,352  
    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)..   511,662  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    511,662
    (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 InvestmentsCorpBondsSchedule
    Name:
    ENGELSMA FAMILY FOUNDATION
    EIN:
    71-0924087
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BLACKROCK INC 3.500% 3/18/24    
    BRANCH BANKING MTN 2.85% 4/1/2    
    EATON VANCE CORP 3.625% 6/15/2    
    NATL RURAL UTIL MTN 2% 10/15/2    
    BANK OF NY MELLO MTN 3.000% 2/    
    INTEL CORP 2.700% 12/15/22    
    TJX COS INC 2.500% 5/15/23    
    ANHEUSER-BUSCH INBEV 3.650% 2/    
    MORGAN STANLEY 3.625% 1/20/27    
    ROPER TECHNOLOGIES 2.95% 9/15/    
    GOLDMAN SACHS MTN    
    035242AP1 ANHEUSER-BUSCH INBEV 150,841 169,909
    06406HDA4 BANK OF NY MELLON CO 150,655 164,646
    07330NAJ4 TRUIST BANK 2.85% 01 149,340 150,624
    09247XAL5 BLACKROCK INC 3.5% 1 150,961 164,760
    278265AD5 EATON VANCE CORP 3.6 150,268 161,537
    38141GVM3 GOLDMAN SACHS GROUP 150,280 165,746
    458140AM2 INTEL CORP 2.7% 15 D 150,576 157,095
    61746BEF9 MORGAN STANLEY 3.625 150,928 171,782
    776743AG1 ROPER TECHNOLOGIES I 151,714 164,796
    872540AP4 TJX COS INC 2.5% 15 149,616 156,905

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ENGELSMA FAMILY FOUNDATION
    EIN:
    71-0924087
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO    
    BAXTER INTERNATIONAL INC    
    DISNEY WALT CO NEW    
    DONALDSON INC    
    ECOLAB INC COM    
    EXXON MOBIL CORP    
    FISERV INC    
    GENERAL MLS INC    
    GRACO INC    
    HONEYWELL INTERNATIONAL INC    
    HORMEL FOODS CORP    
    JOHNSON & JOHNSON    
    PENTAIR PLC    
    PFIZER INC    
    PRINCIPAL FINANCIAL GROUP    
    QUALCOMM INC    
    TARGET CORP    
    US BANCORP    
    WELLS FARGO & CO    
    AMERICAN EXPRESS CO    
    BIO-TECHNE CORP    
    FASTENAL CO    
    MEDTRONIC PLC    
    ABBOTT LABS    
    ALPHABET INC CL C    
    CH ROBINSON    
    ROCHE HLDG LTD SPONS ADR    
    CORESITE REALTY CORP REIT    
    GREAT WESTERN BANCORP INC    
    TENNANT CO    
    UNITEDHEALTH GROUP INC COM    
    ZIMMER BIOMET HOLDINGS INC    
    LITTELFUSE INC    
    MICROSOFT CORP    
    TORO CO    
    VISA INC    
    NVENT ELECTRIC PLC    
    CHARLES SCHWAB CORP    
    ELANCO ANIMAL HEALTH INC    
    ELI LILLY & CO    
    MOTOROLA SOLUTIONS, INC    
    NVIDIA CORP    
    CORE LABORATORIES    
    002824100 ABBOTT LABORATORIES 50,835 142,337
    00507V109 ACTIVISION BLIZZARD 17,950 27,855
    018802108 ALLIANT ENERGY CORP 25,770 25,765
    02079K107 ALPHABET INC-CL C 238,534 394,173
    023135106 AMAZON.COM INC 25,848 26,055
    025816109 AMERICAN EXPRESS CO 41,548 66,501
    071813109 BAXTER INTERNATIONAL 2,193 12,036
    09073M104 BIO-TECHNE CORP 58,994 190,530
    12541W209 C.H. ROBINSON WORLDW 47,549 58,669
    254687106 WALT DISNEY CO/THE 17,343 163,062
    257651109 DONALDSON CO INC 107,659 234,696
    278865100 ECOLAB INC 39,544 237,996
    28414H103 ELANCO ANIMAL HEALTH 24,314 27,603
    311900104 FASTENAL CO 93,209 214,852
    337738108 FISERV INC 23,569 227,720
    370334104 GENERAL MILLS INC 4,716 11,760
    384109104 GRACO INC 20,740 198,963
    391416104 GREAT WESTERN BANCOR 47,555 25,080
    438516106 HONEYWELL INTERNATIO 29,798 228,653
    440452100 HORMEL FOODS CORP 67,014 144,491
    47074L105 JAMF HOLDING CORP 35,920 29,920
    478160104 JOHNSON & JOHNSON 43,043 133,773
    532457108 ELI LILLY & CO 41,241 59,094
    537008104 LITTELFUSE INC 88,845 114,597
    594918104 MICROSOFT CORP 254,746 350,312
    620076307 MOTOROLA SOLUTIONS I 59,185 59,521
    67066G104 NVIDIA CORP 66,275 208,880
    717081103 PFIZER INC 116,193 147,240
    74251V102 PRINCIPAL FINANCIAL 108,626 114,103
    747525103 QUALCOMM INC 51,777 106,638
    771195104 ROCHE HOLDINGS LTD-S 118,172 154,536
    808513105 SCHWAB (CHARLES) COR 35,218 42,432
    87612E106 TARGET CORP 11,412 52,959
    880345103 TENNANT CO 80,386 71,924
    88579Y101 3M CO 56,780 131,093
    891092108 TORO CO 37,442 56,904
    902973304 US BANCORP 134,030 232,950
    91324P102 UNITEDHEALTH GROUP I 116,651 192,874
    92826C839 VISA INC-CLASS A SHA 76,449 109,365
    949746101 WELLS FARGO & CO 64,572 60,360
    98956P102 ZIMMER BIOMET HOLDIN 40,065 53,932
    G5960L103 MEDTRONIC PLC 132,900 210,852
    G6700G107 NVENT ELECTRIC PLC 22,921 58,225

    TY 2020 OtherAssetsSchedule
    Name:
    ENGELSMA FAMILY FOUNDATION
    EIN:
    71-0924087
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    21870Q105 CORESITE REALTY CORP   72,200 87,696


    TY 2020 OtherExpensesSchedule
    Name:
    ENGELSMA FAMILY FOUNDATION
    EIN:
    71-0924087
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE RE-REGISTRATION FEE 25 0   25


    TY 2020 OtherIncreasesSchedule
    Name:
    ENGELSMA FAMILY FOUNDATION
    EIN:
    71-0924087
    Description Amount
    BOOK TO TAX TIMING DIFFERENCES 355


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ENGELSMA FAMILY FOUNDATION
    EIN:
    71-0924087
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CUSTODIAN AND MANAGEMENT FEES 61,708 24,683   37,025
    INVESTMENT EXPENSES 76 76    


    TY 2020 TaxesSchedule
    Name:
    ENGELSMA FAMILY FOUNDATION
    EIN:
    71-0924087
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,108 1,108   0
    FEDERAL TAX PAYMENT 1,716 0   0
    FEDERAL ESTIMATES 4,218 0   0