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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
MARDAG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)101 FIFTH STREET EAST SUITE 2400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST PAUL, MN55101
A Employer identification number

41-1698990
B Telephone number (see instructions)

(651) 224-5463
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$72,401,311J 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... 1,508,173 1,796,205  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,964,712
b Gross sales price for all assets on line 6a 7,341,225
7 Capital gain net income (from Part IV, line 2)... 7,341,225
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 27,665 168,466  
12 Total. Add lines 1 through 11........ 7,500,550 9,305,896  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 3,500 0   3,911
b Accounting fees (attach schedule)....... Click to see attachment 15,268 0   15,360
c Other professional fees (attach schedule).... Click to see attachment 248,287 247,787   500
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 159,885 15,673   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 50 0   50
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 242,739 272,241   246,852
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 669,729 535,701   266,673
25 Contributions, gifts, grants paid....... 2,609,329 2,498,920
26 Total expenses and disbursements. Add lines 24 and 25 3,279,058 535,701   2,765,593
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,221,492
b Net investment income (if negative, enter -0-) 8,770,195
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 160,148 170,820 170,820
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 62,878,596 Click to see attachment72,207,647 72,207,647
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment33,657 Click to see attachment22,844 Click to see attachment22,844
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 63,072,401 72,401,311 72,401,311
Liabilities 17 Accounts payable and accrued expenses.......... 80,615 77,900
18 Grants payable................. 756,269 866,678
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment150,465 Click to see attachment209,537
23 Total liabilities (add lines 17 through 22)......... 987,349 1,154,115
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........... 62,085,052 71,247,196
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........    
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)..... 62,085,052 71,247,196
30 Total liabilities and net assets/fund balances (see instructions). 63,072,401 72,401,311
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
62,085,052
2
Enter amount from Part I, line 27a .....................
2
4,221,492
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
4,940,652
4
Add lines 1, 2, and 3 ..........................
4
71,247,196
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
71,247,196
Form 990-PF (2021)
Form 990-PF (2021)
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 INVESTMENT PARTNERSHIP P   2021-12-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,341,225     7,341,225
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       7,341,225
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 7,341,225
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 121,906
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- ..... 5 121,906
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 120,665
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 120,665
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 1,241
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN, CO, ND, CA
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 addressbulletWWW.MARDAG.ORG
    14
    The books are in care ofbulletSAINT PAUL & MINNESOTA FOUNDATION Telephone no.bullet (651) 224-5463

    Located atbullet101 FIFTH STREET EAST SUITE 2400SAINT PAULMN ZIP+4bullet55101
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    ARMANDO CAMACHO SECRETARY
    0.75     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    GRETCHEN DAVIDSON MEMBER
    0.75     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    SAMUEL EBERHART PRESIDENT
    0.75     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    KIMBERLY FAUST MEMBER
    0.75     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    PAT MEDURE MEMBER
    0.75     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    CORY OBER MEMBER
    0.75     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    KELSEY OBER LAVALLE VICE PRESIDENT
    0.75     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    NATHANIEL OBER TREASURER
    0.75     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    TIMOTHY OBER MEMBER
    0.75     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    MARCUS POPE MEMBER
    0.75     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    PAHOUA HOFFMAN ADMIN DIRECT
    2.50     		0 0 0
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    SAINT PAUL & MINNESOTA FOUNDATION ADMINISTRATIVE 313,415
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-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 VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    67,234,353
    b
    Average of monthly cash balances.......................
    1b
    303,017
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    67,537,370
    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
    67,537,370
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,013,061
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    66,524,309
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,326,215
    Part X
    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 IX, line 6..................
    1
    3,326,215
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    121,906
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    121,906
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,204,309
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,204,309
    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 XII, line 1 ...
    7
    3,204,309
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 3,204,309
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 2,671,993
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,765,593
    a Applied to 2020, but not more than line 2a 2,671,993
    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 2021 distributable amount..... 93,600
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		3,110,709
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MARDAG FOUNDATION ATTN GRANTS MANAG
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101
    (651) 244-5463
    bThe form in which applications should be submitted and information and materials they should include:
    PRIOR TO SUBMITTING A GRANT REQUEST, APPLICANTS SHOULD REQUEST THE FOUNDATION'S APPLICATION PACKET. APPLICANTS MAY SUBMIT A LETTER OF INQUIRY DESCRIBING THE PROPOSED PROJECT.
    cAny submission deadlines:
    SUBMIT PROPOSALS 4 MONTHS PRIOR TO A BOARD MEETING. MEETINGS OCCUR IN APRIL, AUGUST AND NOVEMBER.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE MADE TO ORGANIZATIONS LOCATED WITHIN AND SERVING THE RESIDENTS OF THE STATE OF MINNESOTA.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    SPRINGBOARD FOR THE ARTS
    262 UNIVERSITY AVENUE WEST
    SAINT PAUL,MN55103     		NONE PC PLANT & CULTIVATE CAPITAL CAMPAIGN 25,000
    JEREMIAH PROGRAM
    615 FIRST AVENUE NE SUITE 210
    MINNEAPOLIS,MN55413     		NONE PC JEREMIAH PROGRAM ROCHESTER-SOUTHEAST MINNESOTA CAMPUS CAPITAL CAMPAIGN 30,000
    MANIDOO OGITIGAAN
    102 FIRST STREET WEST 110
    BEMIDJI,MN56601     		NONE PC START UP FUNDING FOR MANIDOO OGITIGAAN FOR YEAR ONE, GENERAL OPERATIONS FOR YEAR TWO (5/1/20-4/30/21) AND START UP FUNDING FOR MANIDOO OGITIGAAN FOR YEAR THREE 20,000
    AMHERST H WILDER FOUNDATION
    451 LEXINGTON PARKWAY NORTH
    SAINT PAUL,MN55104     		NONE PC ACTIVATE OPPORTUNITY: WILDER'S CAMPAIGN FOR FAMILIES 20,000
    COMUNIDADES LATINAS UNIDAS EN SERVICIO INC
    797 EAST SEVENTH STREET
    SAINT PAUL,MN55106     		NONE PC CLUES ARTE Y CULTURA CAPACITY BUILDING 10,000
    INDIGENOUS ROOTS
    788 EAST SEVENTH STREET
    SAINT PAUL,MN55106     		NONE PC INDIGENOUS ROOTS GROWTH AND CAPACITY BUILDING 40,000
    DEPARTMENT OF PUBLIC TRANSFORMATION
    726 PRENTICE STREET
    GRANITE FALLS,MN56241     		NONE PC THE YES! HOUSE CREATIVE CAPITAL CAMPAIGN 30,000
    ELEMENT COMMUNITY HEALTH FUND INC
    655 FAIRVIEW AVENUE NORTH
    SAINT PAUL,MN55104     		NONE PC COMOTION: CENTER FOR MOVEMENT HEALTH AND NUTRITION, FITNESS, PHYSICAL EDUCATION AND WELLNESS PROGRAMMING 20,000
    FRANCONIA SCULPTURE PARK
    29836 SAINT CROIX TRAIL
    SHAFER,MN55074     		NONE PC LAUNCH OF FRANCONIA MEMBERSHIP PROGRAM 20,000
    NORTH HOUSE FOLK SCHOOL
    PO BOX 759500 HIGHWAY 61 WEST
    GRAND MARAIS,MN55604     		NONE PC HARBOR HOME: BUILDING A FOUNDATION FOR STRATEGIC GROWTH AND DEVELOPMENT 30,000
    YOUNG MENS CHRISTIAN ASSOCIATION OF THE GREATER TWIN CITIES
    NW 5901PO BOX 1450
    MINNEAPOLIS,MN554855901     		NONE PC YMCA YOUTH RAPID RE-HOUSING AND PREVENTION PROGRAM 15,000
    CHILDRENS MUSEUM OF ROCHESTER INC
    1811 GREENVIEW PLACE SW SUITE 110
    ROCHESTER,MN55902     		NONE PC LEARNING TODAY, LEADING TOMORROW CAPITAL CAMPAIGN 30,000
    DULUTH LIBRARY FOUNDATION
    520 WEST SUPERIOR STREET
    DULUTH,MN55802     		NONE PC EVERY CHILD READY DULUTH 10,000
    WOMENS FOUNDATION OF MINNESOTA
    105 FIFTH AVENUE SOUTH SUITE 300
    MINNEAPOLIS,MN554016050     		NONE PC YOUNG WOMEN'S INITIATIVE OF MINNESOTA 20,000
    COMPAS INC
    475 CLEVELAND AVENUE NORTH SUITE
    222
    SAINT PAUL,MN55104     		NONE PC OPERATING SUPPORT 12,500
    GREAT RIVER PASSAGE CONSERVANCY
    PO BOX 4974
    SAINT PAUL,MN55101     		NONE PC CONNECTING SAINT PAUL'S TWO GREATEST ASSETS: ITS PEOPLE AND THE MISSISSIPPI RIVER 25,000
    SOD HOUSE THEATER COMPANY
    2613 - 30TH AVENUE NE
    ST ANTHONY VILLAGE,MN55418     		NONE PC FUNDING FOR PART-TIME MANAGING DIRECTOR 1 YEAR EXTENSION 25,000
    BOYS AND GIRLS CLUBS OF THE TWIN CITIES
    690 JACKSON STREET2ND FLOOR
    SAINT PAUL,MN55130     		NONE PC BOYS AND GIRLS CLUBS GENERAL OPERATING SUPPORT 20,000
    COMMUNITIES IN SCHOOLS OF THE TWIN CITIES
    56 SIXTH STREET EAST SUITE 307
    SAINT PAUL,MN55101     		NONE PC COMMUNITIES IN SCHOOLS-TC GENERAL OPERATING SUPPORT 15,000
    SAINT PAUL & MINNESOTA FOUNDATION
    101 FIFTH STREET EAST - SUITE 2400
    SAINT PAUL,MN55101     		NONE PC COMMUNITY SHARING FUND SUPPORT 50,000
    SAINT PAUL & MINNESOTA FOUNDATION
    101 FIFTH STREET EAST - SUITE 2400
    SAINT PAUL,MN55101     		NONE PC MANAGEMENT IMPROVEMENT FUND 50,000
    UNION GOSPEL MISSION ASSOCIATION OF ST PAUL
    77 EAST NINTH STREET
    SAINT PAUL,MN55101     		NONE PC GENERAL OPERATING SUPPORT DURING THIS ONGOING COVID PANDEMIC 25,000
    WILDFLOWER FOUNDATION
    1330 LAGOON AVENUE 4TH FLOOR
    MINNEAPOLIS,MN55408     		NONE PC WATER LILY MONTESSORI--ADAPTING TO A NEW NORMAL 25,000
    CATHOLIC CHARITIES OF THE ARCHDIOCESE OF ST PAUL & MPLS
    1200 SECOND AVENUE SOUTH
    MINNEAPOLIS,MN55403     		NONE PC FY21 GENERAL OPERATING PROGRAM SUPPORT 25,000
    HALLIE Q BROWN COMMUNITY CENTER INCORPORATED
    270 NORTH KENT STREET
    SAINT PAUL,MN55102     		NONE PC HALLIE Q. BROWN GENERAL OPERATING SUPPORT 25,000
    JEWISH COMMUNITY CENTER OF THE GREATER ST PAUL AREA
    1375 ST PAUL AVENUE
    SAINT PAUL,MN55116     		NONE PC ST. PAUL JCC SUPPORTIVE SERVICES FOR OLDER ADULTS 25,000
    KAIROS ALIVE
    3407 WEST 44TH STREET
    MINNEAPOLIS,MN55410     		NONE PC KAIROS ALIVE! GENERAL OPERATING GRANT 25,000
    KEYSTONE COMMUNITY SERVICES
    2000 SAINT ANTHONY AVENUE
    SAINT PAUL,MN55104     		NONE PC KEYSTONE COMMUNITY SERVICES GENERAL OPERATING SUPPORT COVID-19 25,000
    ACCESSIBLE SPACE INC
    2550 UNIVERSITY AVENUE WEST SUITE
    330 NORTH
    SAINT PAUL,MN55114     		NONE PC PRAIRIE SKY APARTMENTS CAPITAL IMPROVEMENTS 25,000
    AITKIN COUNTY CARE INC
    PO BOX 212
    AITKIN,MN56431     		NONE PC SOCIALIZATION IN AITKIN COUNTY 15,000
    AMHERST H WILDER FOUNDATION
    451 LEXINGTON PARKWAY NORTH
    SAINT PAUL,MN55104     		NONE PC MN COMPASS 10,000
    ANGELS - A LIVING AT HOME BLOCK NURSE PROGRAM
    7 SOUTH MADDY STREETPO BOX 35
    MCGREGOR,MN55760     		NONE PC MAINTAIN ANGELS OPERATIONS 4,800
    ANNA MARIES ALLIANCE
    PO BOX 367
    SAINT CLOUD,MN56302     		NONE PC ENSURING CRITICAL ACCESS TO SUPPORT FOR SURVIVORS OF DOMESTIC VIOLENCE 35,000
    ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED
    702 THIRD AVENUE SOUTH
    VIRGINIA,MN557922797     		NONE PC TECHCONNECT 20,000
    ARTS CENTER OF SAINT PETER INC
    315 SOUTH MINNESOTA AVENUE
    SAINT PETER,MN56082     		NONE PC BUILD CAPACITY TO SUSTAIN PROGRAMS THAT ENGAGE OLDER ADULTS AND MEMBERS OF OUR LOCAL LATINX AND SOMALI COMMUNITIES 7,000
    AUSTIN AREA COMMISSION FOR THE ARTS
    300 NORTH MAIN STREET
    AUSTIN,MN55912     		NONE PC OPERATING SUPPORT FOR AUSTIN AREA ARTS 10,000
    BATTERED WOMENS LEGAL ADVOCACY PROJECT
    2233 UNIVERSITY AVENUE SUITE 150
    SAINT PAUL,MN55114     		NONE PC GENERAL OPERATING SUPPORT 20,000
    BEMIDJI COMMUNITY ARTS COUNCIL INC
    WATERMARK ART CENTER505 BEMIDJI
    AVENUE NORTH
    BEMIDJI,MN56601     		NONE PC GENERAL OPERATING AND BOARD DEVELOPMENT 25,000
    BIG BROTHERS BIG SISTERS OF THE GREATER TWIN CITIES
    3110 WASHINGTON AVENUE NORTH
    MINNEAPOLIS,MN55411     		NONE PC BIG BROTHERS BIG SISTERS AND HOPE COMMUNITY ACADEMY LEADERSHIP PROGRAM 15,000
    BOYS & GIRLS CLUB OF ROCHESTER
    1026 EAST CENTER STREET
    ROCHESTER,MN55904     		NONE PC GENERAL OPERATION FUNDING 15,000
    BOYS & GIRLS CLUBS OF CENTRAL MINNESOTA
    ADMINISTRATIVE OFFICE345 - 30TH
    AVENUE NORTH
    ST CLOUD,MN56303     		NONE PC YOUTH ARTS INITIATIVE: WHATEVER IT TAKES TO CREATE 10,000
    BOYS CLUB OF DULUTH
    PO BOX 16435
    DULUTH,MN55816     		NONE PC BOYS & GIRLS CLUBS OF GRAND RAPIDS AND GREENWAY 15,000
    BOYS CLUB OF DULUTH
    PO BOX 16435
    DULUTH,MN55816     		NONE PC BOYS & GIRLS CLUBS OF THE NORTHLAND GENERAL OPERATING SUPPORT 15,000
    CARE CLINIC
    906 COLLEGE AVENUE
    RED WING,MN55066     		NONE PC CARE HISPANIC FAMILY THERAPY PROGRAM AND MEDICAL PROGRAM 20,000
    CENTRO TYRONE GUZMAN
    1915 CHICAGO AVENUE SOUTH
    MINNEAPOLIS,MN55404     		NONE PC PILOT OF A NEW, MONTESSORI-BASED MATERNAL HEALTH PROGRAM FOR LATINE FAMILIES WITH CHILDREN (PRENATAL-3) IN GREATER MINNESOTA 15,000
    CHANGE INC
    381 EAST ROBIE STREET
    SAINT PAUL,MN55107     		NONE PC COMPASS PROGRAM 15,000
    CHILDRENS MUSEUM OF ROCHESTER INC
    1811 GREENVIEW PLACE SW SUITE 110
    ROCHESTER,MN55902     		NONE PC INTERGENERATIONAL LEARNING 10,000
    CHURCHES UNITED FOR THE HOMELESS
    1901 FIRST AVENUE NORTH
    MOORHEAD,MN56560     		NONE PC CHURCHES UNITED GENERAL OPERATIONS GRANT 25,000
    CHURCHES UNITED IN MINISTRY
    102 WEST SECOND STREET
    DULUTH,MN558022017     		NONE PC STEVE O'NEIL APARTMENT OPERATING SUPPORT 15,000
    COMMUNITY ACTION CENTER OF NORTHFIELD INC
    1651 JEFFERSON PARKWAY SUITE HS-200
    NORTHFIELD,MN55057     		NONE PC HILLCREST VILLAGE 25,000
    COMMUNITY ACTION DULUTH
    2424 WEST 5TH STREET SUITE 102
    DULUTH,MN55806     		NONE PC MOBILE MARKET 15,000
    COMMUNITY THREAD
    2300 WEST ORLEANS STREET
    STILLWATER,MN55082     		NONE PC THRIVE AT COMMUNITY THREAD 10,000
    COMMUSICATION
    690 JACKSON STREET
    SAINT PAUL,MN55104     		NONE PC THE NEXT STAGE 15,000
    CROOKSTON AREA SENIORS ASSOCIATION INC
    324 NORTH MAIN STREET
    CROOKSTON,MN56716     		NONE PC COMMUNITY RESTAURANT/SENIOR MEAL PROGRAM 15,000
    DARTS
    1645 MARTHALER LANE
    WEST ST PAUL,MN55118     		NONE PC SUPPORTING OLDER ADULTS AND REDUCING ISOLATION 10,000
    DRESS FOR SUCCESS TWIN CITIES
    1430 CONCORDIA AVENUE SUITE 4302
    SAINT PAUL,MN55104     		NONE PC MOBILE CONFIDENCE CENTER 20,000
    DULUTH COMMUNITY SCHOOL COLLABORATIVE
    32 EAST 1ST STREET 202
    DULUTH,MN55802     		NONE PC DCSC OPERATING SUPPORT 15,000
    EAST AFRICAN HEALING SERVICES INC
    2021 EAST HENNEPIN AVENUE SUITE 155
    MINNEAPOLIS,MN55413     		NONE PC CULTURALLY COMPETENT CHEMICAL DEPENDENCY PROGRAMMING: EAST METRO EXPANSION 20,000
    EMMA NORTON SERVICES
    670 NORTH ROBERT STREET
    SAINT PAUL,MN55101     		NONE PC EMMA NORTON SERVICES: HOUSING FIRST IN THE EAST METRO 15,000
    ESPERANZA UNITED
    540 FAIRVIEW AVENUE SUITE 200
    SAINT PAUL,MN55104     		NONE PC ENGAGING LATINO BOYS IN HEALTHY MASCULINITY 15,000
    FACE TO FACE HEALTH & COUNSELING SERVICE INC
    1165 ARCADE STREET
    SAINT PAUL,MN55106     		NONE PC FACE TO FACE GENERAL OPERATING SUPPORT 25,000
    FAMILY PATHWAYS
    6413 OAK STREET
    NORTH BRANCH,MN55056     		NONE PC ENSURING CONTINUED ACCESS TO HEALTHY FOOD AND SUPPORT FOR EAST CENTRAL MINNESOTA COMMUNITY 15,000
    FAMILYWISE SERVICES
    3036 UNIVERSITY AVENUE SE
    MINNEAPOLIS,MN55414     		NONE PC EXPAND PARENT EDUCATION SERVICES FOR FAMILIES IN GREATER MINNESOTA 20,000
    FIRST WITNESS CHILD ADVOCACY CENTER
    FOUR WEST FIFTH STREET
    DULUTH,MN55806     		NONE PC FIRST WITNESS GENERAL OPERATING SUPPORT 20,000
    FLOODWOOD SERVICES AND TRAINING INC
    PO BOX 347
    FLOODWOOD,MN55736     		NONE PC FLOODWOOD SERVICES AND TRAINING (FST) PROGRAMS 15,000
    GENESYS WORKS
    445 MINNESOTA STREET SUITE 720
    SAINT PAUL,MN55101     		NONE PC MULTIPLE PATHWAYS TO COLLEGE AND CAREER SUCCESS FOR UNDERSERVED STUDENTS 15,000
    GLOBAL RIGHTS FOR WOMEN
    414 SOUTH EIGHTH STREET
    MINNEAPOLIS,MN554041025     		NONE PC PATHWAYS TO FAMILY PEACE 20,000
    GOODWILL INDUSTRIES INC
    533 FAIRVIEW AVENUE NORTH
    SAINT PAUL,MN55104     		NONE PC FATHER PROJECT 30,000
    GRAND MARAIS ARTS INC
    120 WEST THIRD AVENUEPO BOX 626
    GRAND MARAIS,MN55604     		NONE PC GENERAL OPERATING SUPPORT BRIDGING FUND 10,000
    GREATER TWIN CITIES YOUTH SYMPHONIES
    ADMINISTRATIVE OFFICE408 ST PETER
    STREETTHE HISTORIC HAMM BUILDING SU
    SAINT PAUL,MN55102     		NONE PC EAST METRO DIVERSITY INITIATIVE 10,000
    GROVE CITY AREA LIVING AT HOME BLOCK NURSE PROGRAM
    205 THIRD STREET SOUTHBOX 192
    GROVE CITY,MN56243     		NONE PC OPERATING EXPENSE 10,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    NORTH ST LOUIS COUNTYPO BOX 24
    ROCHESTER,MN55902     		NONE PC AFFORDABLE HOUSING ON THE IRON RANGE 15,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    NORTH ST LOUIS COUNTYPO BOX 24
    ROCHESTER,MN55902     		NONE PC RESTORE OPERATING SUPPORT 15,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    NORTH ST LOUIS COUNTYPO BOX 24
    ROCHESTER,MN55902     		NONE PC SUPPORTING LOW-INCOME FAMILIES THROUGH AFFORDABLE HOUSING 15,000
    HALLIE Q BROWN COMMUNITY CENTER INCORPORATED
    270 NORTH KENT STREET
    SAINT PAUL,MN55102     		NONE PC GENERAL SUPPORT IN MEMORY OF STEPHANIE BATTLE 5,000
    HISPANIC OUTREACH PROGRAM OF GOODHUE COUNTY
    C/O UNITED LUTHERAN CHURCH628 WEST
    FIFTH STREET
    RED WING,MN55066     		NONE PC GENERAL OPERATING FUNDS - HISPANIC OUTREACH OF GOODHUE COUNTY 10,000
    HOPE DENTAL CLINIC
    800 MINNEHAHA AVENUE EAST 465
    SAINT PAUL,MN55106     		NONE PC DENTAL CARE OPTIONS FOR LOW-INCOME, UNINSURED CHILDREN 12,620
    HOUSING JUSTICE CENTER
    275 FOURTH STREET EAST SUITE 605
    SAINT PAUL,MN55101     		NONE PC GENERAL OPERATIONS 20,000
    HOUSING LINK
    1400 VAN BUREN STREET NE SUITE 215
    MINNEAPOLIS,MN55413     		NONE PC GENERAL OPERATING SUPPORT 10,000
    HUNGER SOLUTIONS MINNESOTA
    555 PARK STREET SUITE 400
    SAINT PAUL,MN551032276     		NONE PC SNAP OUTREACH 10,000
    IMMIGRANT LAW CENTER OF MINNESOTA INC
    450 NORTH SYNDICATE STREET SUITE
    200
    SAINT PAUL,MN55104     		NONE PC NEW BEGINNINGS PROJECT 25,000
    INTERFAITH ACTION OF GREATER SAINT PAUL
    1671 SUMMIT AVENUE
    SAINT PAUL,MN55105     		NONE PC SUPPORTING COMMUNITY ECONOMIC STABILITY AND MOBILITY 15,000
    ISLAMIC SOCIETY OF FARGO-MOORHEAD
    10 NORTH UNIVERSITY DRIVE
    FARGO,ND58102     		NONE PC MOORHEAD-FARGO ISLAMIC COMMUNITY CENTER 5,000
    JEWISH FAMILY SERVICE OF SAINT PAUL
    1633 WEST SEVENTH STREET
    SAINT PAUL,MN55102     		NONE PC PEARLS BOOSTER GRANT 15,000
    KEYSTONE COMMUNITY SERVICES
    2000 SAINT ANTHONY AVENUE
    SAINT PAUL,MN55104     		NONE PC KEYSTONE COMMUNITY SERVICES GENERAL OPERATING SUPPORT OLDER ADULT SERVICES 25,000
    LAKEWOOD HEALTH SYSTEM
    49725 COUNTY 83
    STAPLES,MN56479     		NONE PC PROGRAMS WHICH CONNECT NUTRITIOUS FOOD TO ITS PATIENTS 15,000
    MANKATO REHABILITATION CENTER INC
    1750 ENERGY DRIVE
    MANKATO,MN56001     		NONE PC CREATING INCLUSIVE COMMUNITIES FOR INDIVIDUALS WITH DISABILITIES 25,000
    MEALS FROM THE HEART
    5600 MEMORIAL AVENUE NORTH
    OAK PARK HEIGHTS,MN55082     		NONE PC FOOD BOX BY MEALS FROM THE HEART (EAST METRO) 15,000
    MENTOR NORTH
    206 WEST 4TH STREET 202
    DULUTH,MN55806     		NONE PC FIVE POINTS ACADEMIC MENTORING PROGRAM: CLOSING THE ACHIEVEMENT GAP 20,000
    MERRICK COMMUNITY SERVICES
    1669 ARCADE STREET NORTH SUITE 4
    SAINT PAUL,MN55106     		NONE PC EAST SIDE YOUTH AHEAD 20,000
    METRO MEALS ON WHEELS INC
    1200 WASHINGTON AVENUE SOUTHSUITE
    380
    MINNEAPOLIS,MN55415     		NONE PC METRO MEALS ON WHEELS HALAL MEAL OUTREACH AND ACCESS PROJECT 15,000
    MINNESOTA ASSISTANCE COUNCIL FOR VETERANS
    1000 UNIVERSITY AVENUE WEST SUITE
    10
    SAINT PAUL,MN55104     		NONE PC STATEWIDE COMPREHENSIVE SERVICES FOR NATIVE AMERICAN VETERANS 25,000
    MINNESOTA COUNCIL ON FOUNDATIONS
    800 WASHINGTON AVENUE NORTH SUITE
    703
    MINNEAPOLIS,MN554011167     		NONE PC AFGHAN REFUGEE RESETTLEMENT EFFORTS 10,000
    MINNESOTA EDUCATION EQUITY PARTNERSHIP
    2233 UNIVERSITY AVENUE WEST SUITE
    220
    SAINT PAUL,MN55114     		NONE PC MANKATO RACE EQUITY FOR BUILDING COLLECTIVE COMMUNITY PROSPERITY PROJECT SUPPORT 20,000
    MINNESOTA TRANSPORTATION MUSEUM INC
    193 PENNSYLVANIA AVENUE EAST
    SAINT PAUL,MN55130     		NONE PC ESSENTIAL SUPPORT TO SUSTAIN OPERATIONS & TRAINING 15,000
    MODEL CITIES OF ST PAUL INC
    839 UNIVERSITY AVENUE WEST
    SAINT PAUL,MN55104     		NONE PC GENERAL OPERATING SUPPORT FOR MODEL CITIES 20,000
    MODEL CITIES OF ST PAUL INC
    839 UNIVERSITY AVENUE WEST
    SAINT PAUL,MN55104     		NONE PC GENERAL SUPPORT IN MEMORY OF STEPHANIE BATTLE 5,000
    NEIGHBORHOOD NETWORK FOR SENIORS
    1895 LAUREL AVENUE
    SAINT PAUL,MN551045938     		NONE PC GENERAL OPERATING 10,000
    NEW PATHWAYS INC
    PO BOX 366310 S ASHLAND STREET
    CAMBRIDGE,MN55008     		NONE PC NEW PATHWAYS OPERATING SUPPORT 15,000
    NEW ULM MINISTERIAL ASSOCIATION SHELTER HAUS
    PO BOX 291
    NEW ULM,MN56073     		NONE PC GENERAL OPERATING EXPENSES 15,000
    NEW VISION FOUNDATION
    860 VANDALIA STREET
    MINNEAPOLIS,MN55454     		NONE PC EXPANDING CODING & DIGITAL LITERACY CLASSES FOR DISADVANTAGED YOUTH IN THE EAST METRO 20,000
    NORTH COUNTRY FOOD BANK INC
    1011 11TH AVENUE NE
    EAST GRAND FORKS,MN56721     		NONE PC INCREASING DISTRIBUTION OF NUTRITIOUS FOOD TO RURAL COMMUNITIES 25,000
    NORTHFIELD UNION OF YOUTH INC
    PO BOX 481
    NORTHFIELD,MN55057     		NONE PC FINANCIAL STABILITY FOR NUY 15,000
    OPEN ARMS NATIVE MISSIONS
    1555 JACKSON STREET
    SAINT PAUL,MN55117     		NONE PC OYATE OWICAUNKIYAPI (WE HELP THE PEOPLE) 15,000
    OPEN CITIES HEALTH CENTER INC
    409 NORTH DUNLAP STREET
    SAINT PAUL,MN55104     		NONE PC OPEN CITIES GENERAL OPERATING SUPPORT 15,000
    OUTFRONT MINNESOTA COMMUNITY SERVICES
    310 EAST 38TH STREET SUITE 209
    MINNEAPOLIS,MN554091337     		NONE PC GENERAL OPERATING: LGBTQ+ LIBERATION 25,000
    OWATONNA HEALTHY SENIORS PROGRAM
    PO BOX 1089
    OWATONNA,MN55060     		NONE PC GENERAL OPERATING SUPPORT HEALTHY SENIORS OF STEELE COUNTY 10,000
    PACT FOR FAMILIES COLLABORATIVE
    2200 - 23RD STREET NE SUITE 2030
    WILLMAR,MN56201     		NONE GOV WEIGHTED BLANKET AND MINI-GRANT PROGRAM 10,000
    PORTICO HEALTHNET
    1600 UNIVERSITY AVENUE WEST SUITE
    211
    SAINT PAUL,MN551043841     		NONE PC HEALTH CARE ACCESS FOR EAST METRO FAMILIES 10,000
    PROJECT FINE INC
    202 WEST THIRD STREET
    WINONA,MN55987     		NONE PC GENERAL OPERATING SUPPORT 15,000
    PROJECT FRIENDSHIP INC
    1651 JEFFERSON PARKWAY
    NORTHFIELD,MN55057     		NONE PC PROJECT FRIENDSHIP CARES 12,000
    RACHELS LIGHT
    PO BOX 118
    OWATONNA,MN55060     		NONE PC BUILDING CAPACITY TO BETTER SERVE WOMEN AND THEIR CHILDREN 20,000
    REACH OUT AND READ MINNESOTA
    3800 AMERICAN BOULEVARD WEST SUITE
    1500-1803
    BLOOMINGTON,MN55431     		NONE PC REACH OUT AND READ IN GREATER MN: EXPANDING ACCESS FOR ALL FAMILIES 10,000
    RECLAIM
    771 RAYMOND AVENUE
    SAINT PAUL,MN55114     		NONE PC GENERAL OPERATING SUPPORT 25,000
    RIVERS OF HOPE
    PO BOX 511
    MONTICELLO,MN55362     		NONE PC ADVOCACY FOR SURVIVORS OF DOMESTIC, FAMILY, AND TEEN DATING VIOLENCE 15,000
    RUTHS HOUSE OF HOPE
    PO BOX 593
    FARIBAULT,MN55021     		NONE PC THRIVE: EMPOWERING FAMILIES, BUILDING COMMUNITY, TRANSFORMING LIVES 20,000
    SAINT PAUL & MINNESOTA FOUNDATION
    101 FIFTH STREET EAST SUITE 2400
    SAINT PAUL,MN55101     		NONE PC PHILANDO CASTILE PEACE GARDEN 5,000
    SCIENCE FROM SCIENTISTS INC
    C/O BRAUN INTERTEC11001 HAMPSHIRE
    AVENUE SOUTH
    BLOOMINGTON,MN55438     		NONE PC PAST BOARD MEMBER ROBERT DAVIDSON - GENERAL SUPPORT AT MINNESOTA OFFICE 10,000
    SECOND HARVEST NORTH CENTRAL FOOD BANK INC
    2222 CROMELL DRIVE
    GRAND RAPIDS,MN55744     		NONE PC STRENGTHENING HUNGER RELIEF ON THE FRONTLINES 25,000
    SENIOR COMMUNITY SERVICES
    10201 WAYZATA BOULEVARD SUITE 335
    MINNETONKA,MN55305     		NONE PC SUPPORTING SENIORS IN RURAL MN TO CREATE COMMUNITY CONNECTIONS AND DECREASE SOCIAL ISOLATION 10,000
    SOUTH SUDANESE FOUNDATION
    6074 59TH STREET SOUTH
    FARGO,ND58104     		NONE PC SOUTH SUDANESE FOUNDATION GENERAL OPERATING SUPPORT TO EMPOWER NEW AMERICAN YOUTH AND FAMILIES IN MOORHEAD 25,000
    SOUTHERN MINNESOTA INITIATIVE FOUNDATION
    525 FLORENCE AVENUEPO BOX 695
    OWATONNA,MN550600695     		NONE PC ENHANCE AND IMPROVE THE QUALITY OF DIVERSE EARLY CARE AND EDUCATION PROFESSIONALS WITH TECHNICAL ASSISTANCE AND HIGH QUALITY PROFESSIONAL DEVELOPMENT 30,000
    ST ANDREWS EVANGELICAL LUTHERAN CHURCH
    900 STILLWATER ROAD
    MAHTOMEDI,MN55115     		NONE PC ST ANDREWS COMMUNITY RESOURCE CENTER OPERATIONS 20,000
    ST PAUL URBAN TENNIS PROGRAM
    1675 FIFTH STREET EAST
    SAINT PAUL,MN55106     		NONE PC SPUT GENERAL OPERATING SUPPORT 10,000
    ST PAUL YOUTH SERVICES INC
    2100 WILSON AVENUE
    SAINT PAUL,MN55119     		NONE PC ST. PAUL YOUTH SERVICES GENERAL OPERATING SUPPORT 15,000
    TEREBINTH REFUGE
    110 SECOND STREET SOUTH SUITE 231
    WAITE PARK,MN56387     		NONE PC TEREBINTH REFUGE HEALTH & WELLNESS PROGRAM 20,000
    THE HISTORY THEATRE INC
    30 EAST TENTH STREET
    SAINT PAUL,MN55101     		NONE PC HISTORY THEATRE GENERAL OPERATING SUPPORT 15,000
    THE KAREN ORGANIZATION OF MINNESOTA
    2353 RICE STREET SUITE 240
    ROSEVILLE,MN55113     		NONE PC KAREN YOUTH CHEMICAL HEALTH PROGRAM 15,000
    THE LINK
    1210 GLENWOOD AVENUE
    MINNEAPOLIS,MN554051415     		NONE PC SUBURBAN HOUSING 15,000
    TUBMAN
    4432 CHICAGO AVENUE SOUTH
    MINNEAPOLIS,MN55407     		NONE PC GENERAL OPERATING IN THE EAST METRO 20,000
    TWIN CITIES MEDICAL SOCIETY FOUNDATION
    1300 GODWARD STREET NE SUITE 2000
    MINNEAPOLIS,MN55413     		NONE SO I HONORING CHOICES MINNESOTA'S RURAL COMMUNITY-BASED ADVANCE CARE PLANNING PHONE FACILITATION HELPLINE PILOT 15,000
    URBAN BOATBUILDERS INC
    2288 UNIVERSITY AVENUE WEST
    SAINT PAUL,MN55114     		NONE PC GENERAL OPERATING - APPRENTICESHIP PROGRAM 15,000
    URBAN VILLAGE INC
    1082 ARCADE STREET
    SAINT PAUL,MN55106     		NONE PC CULTURAL PRESERVATION CAMPAIGN 20,000
    VOLUNTEERS OF AMERICA INC
    7625 METRO BOULEVARD
    EDINA,MN55439     		NONE PC VIRTUAL ADAPTATIONS AND TRAINING FOR FALL PREVENTION PROGRAM 10,000
    WALLIN EDUCATION PARTNERS
    5200 WILLSON ROAD SUITE 209
    SAINT PAUL,MN55104     		NONE PC OPPORTUNITY PATHWAYS 2-YEAR PROGRAM 20,000
    WEST CENTRAL INITIATIVE
    PO BOX 318
    FERGUS FALLS,MN565380318     		NONE PC CHILDREN'S MENTAL HEALTH: GETTING BACK ON TRACK THROUGH THE ARTS AND OUTDOOR PLAY 15,000
    WONDERLUST PRODUCTIONS
    PO BOX 8021
    SAINT PAUL,MN55108     		NONE PC GENERAL OPERATING FUNDS 15,000
    YOUNG WOMENS CHRISTIAN ASSOCIATION
    32 EAST FIRST STREET SUITE 202
    ST PAUL,MN55102     		NONE PC YWCA DULUTH GENERAL OPERATIONS 15,000
    YOUTH FARM AND MARKET PROJECT
    128 WEST 33RD STREET SUITE 2
    MINNEAPOLIS,MN55408     		NONE PC GENERAL OPERATING SUPPORT 15,000
    YWCA OF MINNEAPOLIS
    1130 NICOLLET AVENUE
    MINNEAPOLIS,MN55403     		NONE PC YWCA HOLISTIC, HIGH-QUALITY ECE PROGRAMMING FOR MARGINALIZED COMMUNITIES 20,000
    Total .................................bullet 3a 2,498,920
    bApproved for future payment
    180 DEGREES INC
    236 CLIFTON AVENUE SOUTH
    SAINT PAUL,MN554033466     		NONE PC PROGRAM SUPPORT FOR BRITTANY'S PLACE 25,000
    AIN DAH YUNG OUR HOME CENTER
    1089 PORTLAND AVENUE
    SAINT PAUL,MN55104     		NONE PC GENERAL OPERATING SUPPORT FOR THE AIN DAH YUNG CENTER 20,000
    AMPERSAND FAMILIES
    1751 COUNTY ROAD B WEST SUITE 300
    ROSEVILLE,MN55113     		NONE PC GENERAL OPERATING - PERMANENCY AND ADOPTION FOR OLDER YOUTH IN FOSTER CARE 30,000
    BEFORE RACISM
    1041 GRAND AVENUE SUITE 352
    SAINT PAUL,MN55105     		NONE PC BEFORE RACISM PILOT 20,000
    BEMIDJI COMMUNITY THEATER
    316 BELTRAMI AVENUE NW
    BEMIDJI,MN56601     		NONE PC STARBRIDGE ACADEMY-EDUCATIONAL OPPORTUNITIES FOR ALL 15,000
    BRIDGES OF HOPE
    PO BOX 742
    BRAINERD,MN56401     		NONE PC GENERAL OPERATING SUPPORT FOR LOW-INCOME CHILDREN AND FAMILIES IN CROW WING COUNTY 20,000
    CATHOLIC CHARITIES OF THE ARCHDIOCESE OF ST PAUL AND MPLS
    341 CHESTER STREET
    MINNEAPOLIS,MN55403     		NONE PC FY22 GENERAL OPERATIONS SUPPORT 25,000
    CHILDRENS DENTAL SERVICES INC
    636 BROADWAY STREET NE
    MINNEAPOLIS,MN55413     		NONE PC CHILDREN'S DENTAL SERVICES' DULUTH-BASED NORTHEASTERN MINNESOTA DENTAL HUB 25,000
    COMMUNITIES IN SCHOOLS OF THE TWIN CITIES
    161 ST ANTHONY AVENUE SUITE 910
    RICHFIELD,MN55423     		NONE PC COMMUNITIES IN SCHOOLS IN THE EAST METRO AND BEYOND 15,000
    COMUNIDADES ORGANIZANDO EL PODER Y LA ACCION LATINA COPAL
    3702 EAST LAKE STREET
    MINNEAPOLIS,MN55406     		NONE PC PRIMERO DE MAYO WORKERS' CENTER 25,000
    FAMILY Y OF ALBERT LEA MINNESOTA INC
    ALBERT LEA FAMILY Y2021 WEST MAIN
    STREET
    ALBERT LEA,MN56007     		NONE PC SUPPORT OF LOST REVENUES AND INCREASED SUPPORT TO YOUTH AND FAMILIES IN MEMBERSHIP AND PROGRAMS 10,000
    LOWER PHALEN CREEK PROJECT
    60 PLATO BOULEVARD EAST SUITE 400
    SAINT PAUL,MN55107     		NONE PC WAKAN TIPI CENTER CAPITAL CAMPAIGN 75,000
    LUTHERAN SOCIAL SERVICE OF MINNESOTA
    ATTN DEVELOPMENT2485 COMO AVENUE
    SAINT PAUL,MN551081445     		NONE PC LSS FAMILIES TOGETHER PRESCHOOL 20,000
    MY VERY OWN BED
    34 13TH AVENUE NE SUITE B002A
    MINNEAPOLIS,MN55413     		NONE PC EXPANDING EAST METRO BED DELIVERY 15,000
    NORTHFIELD HEALTHY COMMUNITY INITIATIVE
    NORTHFIELD COMMUNITY RESOURCE
    CENTER1651 JEFFERSON PARKWAY SUITE
    NORTHFIELD,MN550572760     		NONE PC HEALTHY COMMUNITY INITIATIVE (HCI) OPERATING EXPENSES 25,000
    PENUMBRA THEATRE COMPANY INC
    270 NORTH KENT STREET
    SAINT PAUL,MN551021744     		NONE PC TWIN CITIES THEATRE OF COLOR COALITION GENERAL OPERATING REQUEST 25,000
    PROJECT FOR PRIDE IN LIVING INC
    1035 EAST FRANKLIN AVENUE
    MINNEAPOLIS,MN554042920     		NONE PC PPL FAMILY SUPPORTIVE HOUSING PROGRAM 20,000
    RED WING ARTS ASSOCIATION
    418 LEVEE STREET
    RED WING,MN55066     		NONE PC RED WING ARTS CAPACITY BUILDING AND DEVELOPMENT FUNDS 20,000
    RED WING YOUTH OUTREACH PROGRAM INC
    410 GUERNSEY LANE
    RED WING,MN55066     		NONE PC ACQUISITION AND OPERATING SUPPORT 20,000
    SAINT PAUL & MINNESOTA FOUNDATION
    101 FIFTH STREET EAST SUITE 2400
    SAINT PAUL,MN55101     		NONE PC MANAGEMENT IMPROVEMENT FUND 50,000
    SAINT PAUL & MINNESOTA FOUNDATION
    101 FIFTH STREET EAST SUITE 2400
    SAINT PAUL,MN55101     		NONE PC COMMUNITY SHARING FUND 50,000
    THE SANNEH FOUNDATION INC
    2090 CONWAY STREET
    SAINT PAUL,MN55119     		NONE PC FY22 GENERAL OPERATIONS, THE SANNEH FOUNDATION 20,000
    TIWAHE FOUNDATION
    570 ASBURY STREET SUITE 104
    SAINT PAUL,MN55401     		NONE PC TIWAHE FOUNDATION OPERATIONAL EFFECTIVENESS 20,000
    UNITED FAMILY PRACTICE HEALTH CENTER
    1026 WEST SEVENTH STREET
    SAINT PAUL,MN55102     		NONE PC GENERAL OPERATING SUPPORT 20,000
    VICTORIA THEATER ARTS CENTER
    1430 CONCORDIA AVENUEPO BOX 40373
    SAINT PAUL,MN55104     		NONE PC VICTORIA THEATER ARTS CENTER CAPITAL CAMPAIGN 75,000
    VOLUNTEER SERVICES OF CARLTON COUNTY INC
    199 CHESTNUT AVENUE SUITE 3PO BOX
    450
    CARLTON,MN55718     		NONE PC CARLTON WELLNESS CENTER GENERAL OPERATING SUPPORT 25,000
    WELLSHARE INTERNATIONAL
    122 WEST FRANKLIN AVENUE SUITE 510
    MINNEAPOLIS,MN55404     		NONE PC MANKATO COMMUNITY HEALTH WORKER HUB PROGRAM SUPPORT 15,000
    ACCESSIBLE SPACE INC
    2550 UNIVERSITY AVENUE WEST SUITE
    330 NORTH
    SAINT PAUL,MN55114     		NONE PC PRAIRIE SKY APARTMENTS CAPITAL IMPROVEMENTS 25,000
    COMMUNITY ACTION CENTER OF NORTHFIELD INC
    1651 JEFFERSON PARKWAY SUITE HS-200
    NORTHFIELD,MN55057     		NONE PC HILLCREST VILLAGE 25,000
    MINNESOTA ASSISTANCE COUNCIL FOR VETERANS
    1000 UNIVERSITY AVENUE WEST SUITE
    10
    SAINT PAUL,MN55104     		NONE PC STATEWIDE COMPREHENSIVE SERVICES FOR NATIVE AMERICAN VETERANS 25,000
    Total .................................bullet 3b 800,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ....          
    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 5,964,712  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aUBIT FROM INVESTMENT PARTNERSHIP     		525990 66,184   -66,184  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 66,184 7,434,366 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,500,550
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    MARDAG FOUNDATION
    EIN:
    41-1698990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 15,268 0   15,360

    TY 2021 InvestmentsOtherSchedule2
    Name:
    MARDAG FOUNDATION
    EIN:
    41-1698990
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT PARTNERSHIP FMV 72,207,647 72,207,647

    TY 2021 LegalFeesSchedule
    Name:
    MARDAG FOUNDATION
    EIN:
    41-1698990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,500 0   3,911


    TY 2021 OtherAssetsSchedule
    Name:
    MARDAG FOUNDATION
    EIN:
    41-1698990
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID TAX ASSETS 33,657 22,844 22,844


    TY 2021 OtherExpensesSchedule
    Name:
    MARDAG FOUNDATION
    EIN:
    41-1698990
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SPMF ADMIN SERVICES 227,263 0   232,771
    MEMBERSHIP DUES 5,850 0   5,850
    INSURANCE 4,555 0   4,555
    INTERNET, WEB AND DESIGN 4,321 0   2,926
    INVESTMENT PARTNERSHIP EXPENSES 0 272,241   0
    ANNUAL REPORT 750 0   750


    TY 2021 OtherIncomeSchedule2
    Name:
    MARDAG FOUNDATION
    EIN:
    41-1698990
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INVESTMENT PARTNERSHIP 27,304 168,105 27,304
    OTHER 361 361 361


    TY 2021 OtherIncreasesSchedule
    Name:
    MARDAG FOUNDATION
    EIN:
    41-1698990
    Description Amount
    UNREALIZED GAINS 4,940,652


    TY 2021 OtherLiabilitiesSchedule
    Name:
    MARDAG FOUNDATION
    EIN:
    41-1698990
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAX LIABILITY 150,465 209,537


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    MARDAG FOUNDATION
    EIN:
    41-1698990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SPMF INVESTMENT MANAGEMENT 86,152 86,152   0
    INVESTMENT MANAGMENT FEES 161,635 161,635   0
    PROGRAM CONSULTANT 500 0   500


    TY 2021 TaxesSchedule
    Name:
    MARDAG FOUNDATION
    EIN:
    41-1698990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE AND DEFERRED TAXES 159,885 0   0
    FOREIGN TAXES 0 15,673   0