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
RAFT CHARITABLE 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

37-6439235
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$34,572,312J 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... 632,080 630,336  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 816,209
b Gross sales price for all assets on line 6a 3,830,677
7 Capital gain net income (from Part IV, line 2)... 816,209
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........ 1,448,289 1,446,545  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 156,082 62,433   93,649
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 113 113   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 22,610 921   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
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.......... 178,830 63,467 0 93,674
25 Contributions, gifts, grants paid....... 1,425,000 1,425,000
26 Total expenses and disbursements. Add lines 24 and 25 1,603,830 63,467 0 1,518,674
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -155,541
b Net investment income (if negative, enter -0-) 1,383,078
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......... 381,093 683,618 683,618
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)....... 5,805,672 Click to see attachment5,837,551 12,500,546
c Investments—corporate bonds (attach schedule)....... 4,071,493 Click to see attachment3,869,373 4,198,282
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 11,305,067 Click to see attachment11,020,115 17,189,866
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) 21,563,325 21,410,657 34,572,312
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........ 21,563,325 21,410,657
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)..... 21,563,325 21,410,657
30 Total liabilities and net assets/fund balances (see instructions). 21,563,325 21,410,657
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
21,563,325
2
Enter amount from Part I, line 27a .....................
2
-155,541
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,873
4
Add lines 1, 2, and 3 ..........................
4
21,410,657
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
21,410,657
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 200000. NATL RURAL UTIL MTN 2.000% 1/15/20   2013-01-16 2020-01-15
b 700. ECOLAB INC   2017-03-03 2020-02-14
c 600. HONEYWELL INTERNATIONAL INC     2020-02-14
d 1400. MEDTRONIC PLC   2015-01-27 2020-02-14
e 80154.225 VANGUARD TOT BD MKT IDX-ADM     2020-03-19
17413.749 VANGUARD TOT STK MKT-INST     2020-06-11
3975. ASSOCIATED BANC-CORP     2020-06-26
750. BADGER METER INC   2014-01-23 2020-06-26
1500. GENERAL MILLS INC     2020-06-26
3600. GREAT WESTERN BANCORP INC     2020-06-26
1650. GENERAL MILLS INC     2020-10-14
300. UNITED PARCEL SERVICE-CL B   2009-11-10 2020-10-14
3200. PENTAIR PLC     2020-10-14
1600. CORE LABORATORIES N.V.     2020-10-14
1500. CORE LABORATORIES N.V.   2019-10-30 2020-10-14
200000. COCA-COLA CO/THE 2.45% 01 NOV 2020   2014-08-25 2020-11-02
.2367 VIATRIS INC   2008-03-14 2020-11-25
2671.511 VANGUARD TOT STK MKT-INST   2014-03-03 2020-12-15
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 200,000   200,000  
b 144,686   87,439 57,247
c 108,370   20,633 87,737
d 163,791   103,367 60,424
e 871,276   861,697 9,579
1,286,876   853,280 433,596
52,302   78,090 -25,788
45,633   20,108 25,525
91,250   37,413 53,837
46,199   136,896 -90,697
102,512   35,910 66,602
52,421   16,925 35,496
159,058   59,408 99,650
25,357   111,318 -85,961
23,772   66,234 -42,462
200,000   200,000  
4   2 2
250,000   125,748 124,252
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
      7,170
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        
b       57,247
c       87,737
d       60,424
e       9,579
      433,596
      -25,788
      25,525
      53,837
      -90,697
      66,602
      35,496
      99,650
      -85,961
      -42,462
       
      2
      124,252
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 816,209
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 19,225
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 19,225
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 19,225
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 19,795
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 19,795
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 10 570
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet570 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
     
    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
    DORSEY WHITNEY TRUST COMPANY LLC TRUSTEE
    3     		156,082    
    401 E 8TH ST STE 319
    SIOUX FALLS,SD571037031
    FAYE L YOUNGREN TRUSTEE
    1     		0    
    401 E 8TH ST STE 319
    SIOUX FALLS,SD571037031
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    30,626,660
    b
    Average of monthly cash balances.......................
    1b
    863,517
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,490,177
    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
    31,490,177
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    472,353
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    31,017,824
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,550,891
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,550,891
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    19,225
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    19,225
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,531,666
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,531,666
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,531,666
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,518,674
    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
    1,518,674
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,518,674
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,531,666
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,290,349
    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...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,518,674
    a Applied to 2019, but not more than line 2a 1,290,349
    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..... 228,325
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		1,303,341
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    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
    PARABLE FUND
    50 S 6TH ST STE 1500
    MINNEAPOLIS,MN55402     		N/A PC GENERAL OPERATING 20,000
    Washington County Library Prtns
    PO BOX 25434
    Woodbury,MN55125     		N/A PC GENERAL OPERATING 30,000
    HEIFER PROJECT INTERNATIONAL INC
    1 WORLD AVENUE
    LITTLE ROCK,AR72203     		N/A PC GENERAL OPERATING 20,000
    FIRST UNITED METHODIST CHURCH OF DULUTH
    FOUNDATION
    230 E SKYLINE PKWY
    Duluth,MN55811     		N/A PC GENERAL OPERATING, 30,000
    TWIN CITIES HABITAT FOR HUMANITY
    1954 UNIVERSITY AVE W
    ST PAUL,MN55104     		N/A PC GENERAL OPERATING 25,000
    FRIENDS OF THE HENNEPIN COUNTY LIBRARY
    300 NICOLLET MALL N-290
    MINNEAPOLIS,MN55401     		N/A PC GENERAL OPERATING 30,000
    UNITED FUND OF CUMBERLAND INC
    PO BOX 134
    CUMBERLAND,WI54829     		N/A PC GENERAL OPERATING 50,000
    KINSHIP OF CUMBERLAND
    PO BOX 441
    CUMBERLAND,WI54829     		N/A PC GENERAL OPERATING 20,000
    HAMLINE UNIVERSITY OF MINNESOTA
    1536 HEWITT AVE
    ST PAUL,MN55104     		N/A PC 100,000 LIBERAL ARTS; 260,000
    SALVATION ARMY
    2445 PRIOR AVENUE NORTH
    ROSEVILLE,MN55113     		N/A PC GENERAL OPERATING 90,000
    SCIENCE MUSEUM OF MINNESOTA
    120 W KELLOGG BLVD
    ST PAUL,MN55102     		N/A PC GENERAL OPERATING 50,000
    AMERICAN SWEDISH INSTITUTE
    2600 PARK AVE
    MINNEAPOLIS,MN55407     		N/A PC GENERAL OPERATING 20,000
    MINNESOTA HISTORICAL SOCIETY
    345 KELLOGG BLVD W
    ST PAUL,MN55102     		N/A PC GENERAL OPERATING 50,000
    TWIN CITIES PUBLIC TELEVISION INC
    172 4TH ST E
    ST PAUL,MN55101     		N/A PC GENERAL OPERATING 30,000
    MINNESOTA PUBLIC RADIO
    480 CEDAR ST
    ST PAUL,MN55101     		N/A PC GENERAL OPERATING 30,000
    CHILDREN'S SHELTER OF CEBU
    3600 LEXINGTON AVE N SUITE 209
    SHOREVIEW,MN55126     		N/A PC GENERAL OPERATING 30,000
    MINNESOTA TEEN CHALLENGE INC
    740 EAST 24TH STREET
    MINNEAPOLIS,MN55404     		N/A PC 100,000 GENERAL FUND; 230,000
    FRIENDS OF THE RAMSEY COUNTY LIBRARIES
    4560 VICTORIA ST N
    SHOREVIEW,MN55126     		N/A PC GENERAL OPERATING 30,000
    Duluth Library Foundation
    520 W SUPERIOR STREET
    Duluth,MN55802     		N/A PC GENERAL OPERATING 30,000
    TEXTILE CENTER OF MINNESOTA
    3000 UNIVERSITY AVE SE STE 100
    MINNEAPOLIS,MN55414     		N/A PC GENERAL OPERATING 20,000
    COURAGE KENNY FOUNDATION
    3915 GOLDEN VALLEY RD
    MINNEAPOLIS,MN55422     		N/A PC GENERAL OPERATING 30,000
    FRIENDS OF THE ST PAUL PUBLIC LIBRARY
    1080 MONTREAL AVENUE SUITE 2
    ST PAUL,MN55116     		N/A PC GENERAL OPERATING 30,000
    University of Minnesota Foundation
    200 OAK ST SE STE 500
    Minneapolis,MN55455     		N/A PC UMD GLENSHEEN CONSERVATION 20,000
    YMCA OF THE GREATER TWIN CITIES
    651 NICOLLET MALL SUITE 500
    MINNEAPOLIS,MN55402     		N/A PC YMCA KIDS TO CAMP FUND 15,000
    Many Rivers Montessori
    110 W REDWING ST
    Duluth,MN55803     		N/A PC GENERAL OPERATING 100,000
    AMERICAN NATIONAL RED CROSS
    431 18 ST NW
    WASHINGTON,DC20006     		N/A PC $50,000 DULUTH-AREA $50,000 100,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 58147
    WASHINGTON,DC20037     		N/A PC GENERAL OPERATING 20,000
    Cumberland Tsap Library Foundation
    1305 2ND AVE
    Cumberland,WI54829     		N/A PC GENERAL OPERATING 15,000
    Total .................................bullet 3a 1,425,000
    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....     14 632,080  
    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 ............     		    18 816,209  
    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)..   1,448,289  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,448,289
    (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:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Name of Bond End of Year Book Value End of Year Fair Market Value
    COCA-COLA CO 2.450% 11/01/20    
    NATL RURAL UTIL MTN 2.000% 1    
    WALT DISNEY CO MTN 2.750% 8/    
    001055AM4 AFLAC INC 3.625% 15 200,905 222,844
    035242AP1 ANHEUSER-BUSCH INBEV 201,692 226,545
    037833AZ3 APPLE INC 2.5% 09 FE 197,830 215,804
    06051GFF1 BANK OF AMERICA CORP 200,684 222,012
    06406FAC7 BANK OF NY MELLON CO 200,669 220,448
    09062XAE3 BIOGEN INC 3.625% 15 99,774 105,425
    12572QAE5 CME GROUP INC 3% 15 200,346 209,171
    151020AH7 CELGENE CORP 3.25% 1 200,724 207,468
    172967HT1 CITIGROUP INC 3.75% 201,601 221,229
    20030NBY6 COMCAST CORP 3.3% 01 201,670 225,637
    25468PCN4 TWDC ENTERPRISES 18 200,794 203,050
    278642AW3 EBAY INC 2.7% 11 MAR 204,058 215,148
    31428XBV7 FEDEX CORP 3.1% 05 A 199,992 223,339
    375558AZ6 GILEAD SCIENCES INC 202,364 220,934
    38141GRD8 GOLDMAN SACHS GROUP 150,441 160,070
    46625HQW3 JPMORGAN CHASE & CO 200,739 223,844
    68389XAS4 ORACLE CORP 3.625% 1 201,064 216,793
    871829AZ0 SYSCO CORPORATION 3. 201,890 224,540
    89236TDR3 TOYOTA MOTOR CREDIT 200,526 224,678
    91324PBZ4 UNITEDHEALTH GROUP I 201,610 209,303

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ASSOCIATED BANC CORP    
    GENERAL MLS INC    
    PENTAIR PLC    
    GREAT WESTERN BANCORP INC    
    CORE LABORATORIES N V    
    002824100 ABBOTT LABORATORIES 135,635 339,419
    00507V109 ACTIVISION BLIZZARD 81,843 92,850
    018802108 ALLIANT ENERGY CORP 81,117 77,295
    02079K107 ALPHABET INC-CL C 151,194 297,820
    025816109 AMERICAN EXPRESS CO 188,404 338,548
    056525108 BADGER METER INC 33,513 117,575
    071813109 BAXTER INTERNATIONAL 23,080 120,360
    09073M104 BIO-TECHNE CORP 127,511 571,590
    12541W209 C.H. ROBINSON WORLDW 190,500 295,691
    166764100 CHEVRON CORP 86,393 80,228
    229899109 CULLEN/FROST BANKERS 49,949 61,061
    253798102 DIGI INTERNATIONAL I 66,697 94,500
    254687106 WALT DISNEY CO/THE 117,805 507,304
    257651109 DONALDSON CO INC 245,146 391,160
    278865100 ECOLAB INC 121,447 540,900
    28414H103 ELANCO ANIMAL HEALTH 43,291 47,539
    311900104 FASTENAL CO 85,685 366,225
    337738108 FISERV INC 47,538 449,747
    359694106 H.B. FULLER CO. 84,593 108,948
    384109104 GRACO INC 113,464 792,233
    437076102 HOME DEPOT INC 22,789 239,058
    438516106 HONEYWELL INTERNATIO 53,613 425,400
    440452100 HORMEL FOODS CORP 130,346 372,880
    458140100 INTEL CORP 68,427 200,276
    478160104 JOHNSON & JOHNSON 165,176 401,319
    532457108 ELI LILLY & CO 132,467 271,495
    537008104 LITTELFUSE INC 166,465 229,194
    594918104 MICROSOFT CORP 54,672 111,210
    620076307 MOTOROLA SOLUTIONS I 101,574 110,539
    67066G104 NVIDIA CORP 61,016 156,660
    717081103 PFIZER INC 46,145 110,430
    74251V102 PRINCIPAL FINANCIAL 206,332 269,134
    742718109 PROCTER & GAMBLE CO/ 51,664 111,312
    743713109 PROTO LABS INC 35,641 92,040
    771195104 ROCHE HOLDINGS LTD-S 61,890 87,680
    806857108 SCHLUMBERGER LTD 266,274 133,163
    808513105 SCHWAB (CHARLES) COR 89,987 159,120
    824348106 SHERWIN-WILLIAMS CO/ 43,948 73,491
    833034101 SNAP-ON INC 155,214 166,862
    871829107 SYSCO CORP 32,209 44,556
    87612E106 TARGET CORP 20,896 127,984
    880345103 TENNANT CO 99,714 96,484
    88579Y101 3M CO 174,913 349,580
    891092108 TORO CO 150,619 237,100
    902973304 US BANCORP 298,526 451,923
    911312106 UNITED PARCEL SERVIC 38,436 117,880
    91324P102 UNITEDHEALTH GROUP I 192,549 263,010
    92556V106 VIATRIS INC 2,543 6,971
    92826C839 VISA INC-CLASS A SHA 133,559 174,984
    949746101 WELLS FARGO & CO 116,180 143,355
    98956P102 ZIMMER BIOMET HOLDIN 94,167 261,953
    G5960L103 MEDTRONIC PLC 465,151 737,982
    G6700G107 NVENT ELECTRIC PLC 29,644 74,528

    TY 2020 InvestmentsOtherSchedule2
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD TOTAL BD MKT IDX ADM AT COST 5,570,767 5,950,868
    VANGUARD TOTAL STK MKT INDEX F AT COST 5,344,958 11,113,718
    CORESITE REALTY CORP REIT AT COST 104,390 125,280

    TY 2020 OtherExpensesSchedule
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    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:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Description Amount
    TIMING DIFFERENCES 2,873


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES 113 113    


    TY 2020 TaxesSchedule
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 921 921   0
    FEDERAL TAX PAYMENT 1,894 0   0
    FEDERAL ESTIMATES 19,795 0   0