TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
MARCH FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)4709 TOWNES ROAD
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
EDINA, MN554241237

A Employer identification number

26-3296616

B Telephone number (see instructions)

(952) 929-0724

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$8,032,241J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	530,599
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	116,118		114,911
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		782,138
b	Gross sales price for all assets on line 6a 2,415,654
7	Capital gain net income (from Part IV, line 2)...			782,138
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).......
12	Total. Add lines 1 through 11........	1,428,855		897,049
13	Compensation of officers, directors, trustees, etc.	15,000		0	15,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		4,278	2,139	2,139
c	Other professional fees (attach schedule)....		68,943	68,943	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		22,233	1,447	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		371	35	336
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	110,825		72,564	17,475
25	Contributions, gifts, grants paid.......	412,000			412,000
26	Total expenses and disbursements. Add lines 24 and 25	522,825		72,564	429,475
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	906,030
b	Net investment income (if negative, enter -0-)			824,485
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	131,295	233,098	233,098
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	5,842,255	6,233,002	7,799,143
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,973,550	6,466,100	8,032,241
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	5,198,777	5,198,777
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	774,773	1,267,323
	29	Total net assets or fund balances (see instructions).....	5,973,550	6,466,100
	30	Total liabilities and net assets/fund balances (see instructions).	5,973,550	6,466,100

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

5,973,550

Enter amount from Part I, line 27a .....................

906,030

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

6,879,580

Decreases not included in line 2 (itemize) bullet

413,480

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

6,466,100

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
1 a	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,415,399	1,633,516	781,883
b	255		255
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			781,883
b			255
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	782,138
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 ...................		3

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 and enter “N/A" on line 1.
	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	11,460
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	11,460
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	15,000
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	20,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	35,000
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	23,540
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax23,540	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

LISA MAUER Telephone no. bullet

(952) 929-0724

Located at bullet

7201 FRONTIER TRAILCHANHASSANMN ZIP+4 bullet

55317

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

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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? .............

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)):

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?....................

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

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).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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 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-)
LISA M MAUER	DIRECTOR 10.00	15,000
7201 FRONTIER TRAIL CHANHASSEN,MN55317	DIRECTOR 10.00	15,000
DANIEL C MAUER	DIRECTOR 1.00	0
7201 FRONTIER TRAIL CHANHASSEN,MN55317	DIRECTOR 1.00	0
TIMOTHY S MARCH	DIRECTOR 1.00	0
420 PARKWAY DR WHEATON,IL60187	DIRECTOR 1.00	0
JOHN B MARCH	DIRECTOR 1.00	0
6501 PARNELL AVENUE EDINA,MN55424	DIRECTOR 1.00	0
MARY CHUNG MARCH	DIRECTOR 1.00	0
6501 PARNELL AVENUE EDINA,MN55424	DIRECTOR 1.00	0
SARAH G MARCH	DIRECTOR 2.00	0
420 PARKWAY DR WHEATON,IL60187	DIRECTOR 2.00	0
JOHN D MARCH	PRESIDENT & TREASURER 2.00	0
4709 TOWNES ROAD MINNEAPOLIS,MN55424	PRESIDENT & TREASURER 2.00	0
SALLIE S MARCH	SECRETARY 1.00	0
4709 TOWNES ROAD MINNEAPOLIS,MN55424	SECRETARY 1.00	0

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...................				0

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
NONE

Total number of others receiving over $50,000 for professional services............. bullet

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......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

7,324,891

Average of monthly cash balances.......................

126,307

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

7,451,198

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

7,451,198

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

111,768

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

7,339,430

Minimum investment return. Enter 5% (0.05) of line 5................

366,972

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.)

Minimum investment return from Part IX, line 6..................

366,972

Tax on investment income for 2021 from Part V, line 5.......

11,460

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

11,460

Distributable amount before adjustments. Subtract line 2c from line 1............

355,512

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

355,512

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

355,512

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

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					355,512
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	76,056
b From 2017......	83,351
c From 2018......	84,955
d From 2019......	99,581
e From 2020......	120,652
f Total of lines 3a through e ........		464,595
4Qualifying distributions for 2021 from Part
XI, line 4: $ 429,475
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					355,512
e Remaining amount distributed out of corpus		73,963
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		538,558
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 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		76,056
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		462,502
10 Analysis of line 9:
a Excess from 2017....	83,351
b Excess from 2018....	84,955
c Excess from 2019....	99,581
d Excess from 2020....	120,652
e Excess from 2021....	73,963

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

JOHN D MARCH

SALLIE S MARCH

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ACES 1115 EAST HENNEPIN AVE MINNEAPOLIS,MN55414	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
ANSELM HOUSE PO BOX 141007 MINNEAPOLIS,MN55414	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
ARRIVE MINISTRIES 1515 E 66TH ST RICHFIELD,MN55423	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
BANYAN COMMUNITY 2529 13TH AVE S MINNEAPOLIS,MN55404	N/A	PUBLIC CHARITY	GENERAL SUPPORT	20,000
CARING NETWORK 1200 ROOSEVELT ROAD SUITE 114 GLEN ELLYN,IL60137	N/A	PUBLIC CHARITY	GENERAL SUPPORT	20,000
CHANGING GAITS INC PO BOX 21 BROOK PARK,MN55007	N/A	PUBLIC CHARITY	GENERAL SUPPORT	5,000
COMMUNITY BIBLE STUDY INTERNATIONAL 23001 INDUSTRIAL BLVD ROGERS,MN55374	N/A	PUBLIC CHARITY	GENERAL SUPPORT	17,000
CONNECTED FAMILIES 10800 OLD CTY ROAD 15 SUITE 100 PLYMOUTH,MN55441	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
DWELLING PLACE 940-44TH AVE NE UNIT 21307 COLUMBIA HEIGHTS,MN55421	N/A	PUBLIC CHARITY	GENERAL SUPPORT	20,000
EASTSIDE LEARNING CENTER PO BOX 6703 ST PAUL,MN55106	N/A	PUBLIC CHARITY	GENERAL SUPPORT	15,000
EMERGE MOTHER'S ACADEMY PO BOX 46226 MINNEAPOLIS,MN55446	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
FEED MY STARVING CHILDREN 401 93RD AVENUE NW COON RAPIDS,MN55433	N/A	PUBLIC CHARITY	GENERAL SUPPORT	20,000
GOOD IN THE HOOD 7733 WEST RIVER ROAD MINNEAPOLIS,MN55444	N/A	PUBLIC CHARITY	GENERAL SUPPORT	15,000
GORDON CONWELL THEOLOGICAL SEMINARY 130 ESSEX ST SOUTH HAMILTON,MA01982	N/A	PUBLIC CHARITY	GENERAL SUPPORT	40,000
HOPE ACADEMY 2300 CHICAGO AVE S MINNEAPOLIS,MN55404	N/A	PUBLIC CHARITY	GENERAL SUPPORT	20,000
INTERNATIONAL JUSTICE MISSION PO BOX 96961 WASHINGTON,DC200906961	N/A	PUBLIC CHARITY	GENERAL SUPPORT	15,000
JUVENILE JUSTICE ADVOCATES INTERNATIONAL 907 LOVELL AVE W ROSEVILLE,MN55113	N/A	PUBLIC CHARITY	GENERAL SUPPORT	15,000
LEADERSHIP TRANSFORMATIONS PO BOX 338 LEXINGTON,MA02420	N/A	PUBLIC CHARITY	GENERAL SUPPORT	20,000
MOBILE HOPE 7900 MAPLE HILL ROAD CORCORAN,MN55340	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
NAOMI'S HOUSE PO BOX 515 WHEATON,IL60187	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
NORTHSIDE ACHIEVEMENT ZONE 2123 W BROADWAY AVE 100 MINNEAPOLIS,MN55411	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
OUTREACH COMMUNITY MINISTRIES 373 S SCHMALE ROAD SUITE 102 CAROL STREAM,IL60187	N/A	PUBLIC CHARITY	GENERAL SUPPORT	20,000
ONE VILLAGE PARTNERS 715 FLORIDA AVE SOUTH SUITE 101 MINNEAPOLIS,MN55426	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
PINKY SWEAR FOUNDATION 5555 W 78TH ST SUITE E EDINA,MN55439	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
PRISON FELLOWSHIP INTERNATIONAL PO BOX 17434 WASHINGTON,DC20041	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
REDEEM INTERNATIONAL PO BOX 2991 MERRIFIELD,VA22116	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
UNITED WORLD MISSION PO BOX 602002 CHARLOTTE,NC282602002	N/A	PUBLIC CHARITY	GENERAL SUPPORT	10,000
WAY TO GROW 201 IRVING AVE N SUITE 100 MINNEAPOLIS,MN55405	N/A	PUBLIC CHARITY	GENERAL SUPPORT	20,000
Total ................................. 3a				412,000

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	782,138
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		898,256	0

13Total. Add line 12, columns (b), (d), and (e)..................

898,256

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

MARCH FAMILY FOUNDATION

Employer identification number

26-3296616

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization MARCH FAMILY FOUNDATION

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	JOHN D AND SALLIE MARCH 4709 TOWNES ROAD MINNEAPOLIS, MN55425	$ 530,599	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization MARCH FAMILY FOUNDATION		Employer identification number 26-3296616

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	962 SHARES APPLE	$ 126,782	2021-06-18
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	485 SHARES MICROSOFT	$ 126,537	2021-06-18
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	72 SHARES AMAZON	$ 251,280	2021-06-22
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization MARCH FAMILY FOUNDATION			Employer identification number 26-3296616
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2021 AccountingFeesSchedule

Name:

MARCH FAMILY FOUNDATION

EIN:

26-3296616

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREP FEES	4,278	2,139		2,139

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

MARCH FAMILY FOUNDATION

EIN:

26-3296616

Name of Stock	End of Year Book Value	End of Year Fair Market Value
2U INC	11,097	6,182
ABBOTT LABS	34,478	44,052
ACCENTURE PLC IRELAND CLASS SHS	34,073	63,012
AIR PRODS & CHEMS INC	39,320	41,379
ALPHABET INC CAP STK CL C	6,150	14,468
ALPHABET INC CL A	9,062	14,485
ALPS ETF TR RIVERFRONT STRATEGIC INCOME FD	91,849	91,353
AMAZON.COM INC	19,682	33,343
AMEDISYS INC	33,217	22,825
AMERICAN TOWER CORP NEW	39,864	45,045
ANALOG DEVICES INC	20,088	24,256
ANSYS INC	20,721	24,468
APPLE INC	62,959	112,402
APTARGROUP INC	32,102	33,192
ATMOS ENERGY CORP COM	38,726	44,107
AUTOMATIC DATA PROCESSING INC	33,053	57,453
AVALARA INC COM	15,500	13,169
BECTON DICKINSON & CO	32,439	30,681
BLACKLINE INC	23,345	19,258
BROADRIDGE FINL SOLUTIONS INC	26,892	37,661
CARRIER GLOBAL CORP COM	36,481	44,965
CASEYS GEN STORES INC	28,858	35,128
CERTARA INC COM	16,141	12,618
CLOROX CO COM	35,996	32,605
COSTAR GROUP INC	36,417	32,876
COSTCO WHOLESALE CORP NEW	32,364	59,609
DANAHER CORP	21,900	32,243
DOLLAR GEN CORP NEW	34,087	39,384
ECOLAB INC	15,461	16,187
ENSIGN GROUP INC COM	10,115	9,320
EQUINIX INC COM	38,581	39,754
EXXON MOBIL CORP	31,649	38,244
FASTENAL CO	23,056	30,108
FASTENAL CO COM	32,874	44,842
FIDELITY NATL INFORMATION SVCS INC	28,383	23,358
FIRST TR EXCHANGE TRADED FD IV FIRST TR ENHANCED SHORT	69,154	68,890
FIRST TR LOW DURATION OPPORTUNITIES ETF	91,741	89,932
FIRST TR VALUE LINE DIVID INDEX FD SHS	550,282	733,100
FIVE BELOW INC	20,982	26,275
FIVERR INTL LTD ORD SHS	8,704	8,073
GALLAGHER ARTHUR J & CO	26,737	43,266
GILEAD SCIENCES INC	26,004	24,615
GLACIER BANCORP INC NEW	21,687	35,835
GLOBANT S A COM	26,778	46,485
GRAND CANYON ED INC	24,666	22,627
GUIDEWIRE SOFTWARE INC	11,244	10,104
HEICO CORP NEW	24,834	27,113
HENRY JACK & ASSOC INC	12,353	12,858
HENRY JACK & ASSOC INC	34,997	31,895
HOME DEPOT INC	18,152	58,931
IAC/INTERACTIVE CORP NEW	9,159	12,287
IDEXX LABS INC	18,920	26,997
IHS MARKIT LTD SHS	19,707	28,312
ILLINOIS TOOL WORKS INC	32,954	44,918
ILLUMINA INC COM	13,438	12,935
INTUIT INCORPORATED	23,026	46,955
INVESCO EXCHANGE-TRADED FD TR DWA CONSUMER STAPLES MOMENTUM ETF	112,180	132,588
INVESCO EXCHANGE-TRADED FD TR S&P MIDCAP MOMENTUM ETF	145,519	199,068
INVESCO QQQ TR UNIT SER 1	506,505	741,593
ISHARES INC MCSI BRIC ETF	144,063	114,451
ISHARES TR MORNINGSTAR SMALL-CAP GROWTH ETF	185,155	222,238
ISHARES TR MSCI EAFE SMALL CAP ETF	215,114	263,928
ISHARES TR TIPS BD ETF	92,139	93,153
JOHNSON & JOHNSON	25,758	31,648
KIMBERLY CLARK CORP	32,997	31,871
MASTERCARD INC CL A	29,072	33,057
MCCORMICK & CO INC	34,001	34,103
MCDONALDS CORP	32,075	44,232
MERCK & CO INC NEW	37,146	36,941
MICROSOFT CORP	26,139	65,246
NASDAQ INC	25,461	40,741
NEOGEN CORP	7,139	8,265
NETFLIX INC	11,751	13,856
NEXTERA ENERGY INC	33,325	46,587
NVIDIA CORP	12,733	27,941
OAK STR HEALTH INC COM	15,946	8,782
PAYCOM SOFTWARE INC	32,214	30,309
PAYPAL HLDGS INC COM	10,298	10,372
PIMCO ETF TR ACTIVE BD ETF	184,595	181,402
PRICE T ROWE GROUP INC COM	37,379	39,131
QUALCOMM INC	24,062	46,449
REPUBLIC SVCS INC	35,936	58,290
RITCHIE BROS AUCTIONEERS INC	28,360	24,117
ROLLINS INC	22,006	20,047
S&P GLOBAL INC COM	35,516	51,912
SALESFORCE.COM INC	25,974	28,971
SERVICENOW INC	18,981	22,719
SHERWIN WILLIAMS CO	28,030	47,894
SNAP ON INC	21,373	33,169
SPDR SER TR S&P 600 SMALL CAP VALUE ETF	225,940	313,803
STARBUCKS CORP	21,123	24,447
STERIS PLC REGISTERED SHS	35,438	54,767
STRYKER CORP	31,515	44,124
TELADOC HEALTH INC	14,406	7,437
TRACTOR SUPPLY CO	32,615	53,685
TWILIO INC CL A	10,640	9,480
TYLER TECHNOLOGIES INC	29,465	35,505
UNION PAC CORP	35,370	49,882
UNITEDHEALTH GROUP INC	12,930	24,605
V F CORP	17,053	21,161
VANECK ETF TR FALLEN ANGEL HIGH YIELD ETF	91,748	93,338
VANGUARD INDEX FDS VANGUARD MID-CAP ETF	386,615	544,698
VANGUARD INTL FD FTSE DEVELOPED MKTS ETF	384,087	442,129
VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATE BD INDEX FD	91,659	89,955
VANGUARD WORLD FDS VANGUARD FINLS ETF	94,150	145,724
VEEVA SYS INC CL A	27,139	25,804
VERISK ANALYTICS INC	22,614	26,533
VERIZON COMMUNICATIONS INC	35,766	34,034
VIMEO INC COM	4,235	2,730
VISA INC COM CL A	12,471	14,086
WATSCO INC CL A	27,639	42,865
WEC ENERGY GROUP INC	28,701	30,771
WEST PHARMACEUTICAL SVCS INC	23,411	41,273
WISDOMTREE TR CLOUD COMPUTING	143,897	133,591
XCEL ENERGY INC	30,934	31,210

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

MARCH FAMILY FOUNDATION

EIN:

26-3296616

Description	Amount
COST BASIS ADJUSTMENT- DONATED STOCK	413,480

- TIN:

TY 2021 OtherExpensesSchedule

Name:

MARCH FAMILY FOUNDATION

EIN:

26-3296616

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
SUPPLIES	298	0	298
SERIVCE CHARGE	35	35	0
POSTAGE	38	0	38

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

MARCH FAMILY FOUNDATION

EIN:

26-3296616

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	68,943	68,943		0

- TIN:

TY 2021 TaxesSchedule

Name:

MARCH FAMILY FOUNDATION

EIN:

26-3296616

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	1,447	1,447		0
FEDERAL EXCISE TAX	20,786	0		0