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
MAGGIE APPLAUDS GREAT GOALS IN
EDUCATION INC
Number and street (or P.O. box number if mail is not delivered to street address)3266 ROBINSONS BAY ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WAYZATA, MN55391
A Employer identification number

41-1884780
B Telephone number (see instructions)

(952) 473-6422
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$32,547,628J 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 107,299 107,299  
4 Dividends and interest from securities... 724,632 724,632  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,356,186
b Gross sales price for all assets on line 6a 7,182,701
7 Capital gain net income (from Part IV, line 2)... 1,356,186
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 497 497  
12 Total. Add lines 1 through 11........ 2,188,614 2,188,614  
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).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,210 5,278   932
c Other professional fees (attach schedule).... Click to see attachment 180,793 153,674   27,119
17 Interest............... 3,980 3,980   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,860 16,860   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 408 408   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 208,251 180,200   28,051
25 Contributions, gifts, grants paid....... 1,390,000 1,390,000
26 Total expenses and disbursements. Add lines 24 and 25 1,598,251 180,200   1,418,051
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 590,363
b Net investment income (if negative, enter -0-) 2,008,414
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............. 2,338 1,931 1,931
2 Savings and temporary cash investments......... 950,705 723,313 723,313
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) 304,389 Click to see attachment331,490 335,180
b Investments—corporate stock (attach schedule)....... 15,449,389 Click to see attachment15,895,446 21,265,472
c Investments—corporate bonds (attach schedule)....... 208,497 Click to see attachment189,150 195,226
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 8,571,700 Click to see attachment9,186,051 10,026,506
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 25,487,018 26,327,381 32,547,628
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 250,000 500,000
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 250,000 500,000
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 94,694 94,694
28 Retained earnings, accumulated income, endowment, or other funds 25,142,324 25,732,687
29 Total net assets or fund balances (see instructions)..... 25,237,018 25,827,381
30 Total liabilities and net assets/fund balances (see instructions). 25,487,018 26,327,381
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
25,237,018
2
Enter amount from Part I, line 27a .....................
2
590,363
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
25,827,381
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
25,827,381
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 PUBLICLY TRADED SECURITIES P    
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,098,447   5,826,515 1,271,932
b 84,254     84,254
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,271,932
b       84,254
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,356,186
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 27,917
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 27,917
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 17,636
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 29,636
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 166
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,553
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,553 RefundedBullet 11 0
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbulletN/A
    14
    The books are in care ofbulletRAYMOND O MITHUN JR Telephone no.bullet (952) 473-6422

    Located atbullet3266 ROBINSONS BAY ROADWAYZATAMN ZIP+4bullet55391
    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
    RAYMOND O MITHUN JR PRESIDENT
    1.00     		0 0 0
    3266 ROBINSONS BAY ROAD
    WAYZATA,MN55391
    MARY G MITHUN VICE-PRESIDENT
    1.00     		0 0 0
    3266 ROBINSONS BAY ROAD
    WAYZATA,MN55391
    ALAN C EIDSNESS SECRETARY
    1.00     		0 0 0
    HENSON EFRON 400 SECOND AVE SOUTH
    MINNEAPOLIS,MN55401
    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
    NONE
    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
    31,236,232
    b
    Average of monthly cash balances.......................
    1b
    664,502
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,900,734
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    31,900,734
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    478,511
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    31,422,223
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,571,111
    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
    1,571,111
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    27,917
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    27,917
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,543,194
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,543,194
    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
    1,543,194
    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 1,543,194
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,307,781
    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$ 1,418,051
    a Applied to 2020, but not more than line 2a 1,307,781
    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..... 110,270
    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 ..........     		1,432,924
    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).)
    RAYMOND O MITHUN JR
    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:
    MAGGIE APPLAUDS GREAT GOALS IN EDUC
    PO BOX 292
    LA POINTE,WI54850
    (952) 473-6422
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORMS ARE AVAILABLE UPON WRITTEN REQUEST
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SCHOLARSHIPS ARE AVAILABLE FOR MADELINE ISLAND, WI RESIDENTS
    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
    826 MSP
    1915 E 22ND STREET
    MINNEAPOLIS,MN55404     		NONE 501(C)(3) GENERAL FUND 15,000
    DUNWOODY COLLEGE OF TECHNOLOGY
    818 DUNWOODY BOULEVARD
    MINNEAPOLIS,MN55403     		NONE 501(C)(3) GENERAL FUND 215,000
    MIDDLEBURY COLLEGE
    700 EXCHANGE STREET
    MIDDLEBURY,VT05753     		NONE 501(C)(3) GENERAL FUND 20,000
    PROVIDENCE ACADEMY
    15100 SCHMIDT LAKE ROAD
    PLYMOUTH,MN55446     		NONE 501(C)(3) GENERAL FUND 500,000
    THE BLAKE SCHOOL
    110 BLAKE ROAD SOUTH
    HOPKINS,MN55343     		NONE 501(C)(3) GENERAL FUND 100,000
    HENNEPIN HEALTHCARE FOUNDATION
    701 PARK AVENUE NO LSB-3
    MINNEAPOLIS,MN55415     		NONE 501(C)(3) GENERAL FUND 5,000
    INTERFAITH OUTREACH
    1605 COUNTY ROAD 101 NORTH
    PLYMOUTH,MN55447     		NONE 501(C)(3) GENERAL FUND 500,000
    FILMNORTH
    550 VANDALIA STREET SUITE 120
    ST PAUL,MN55114     		NONE 501(C)(3) GENERAL FUND 20,000
    SPRINGBOARD FOR THE ARTS
    262 UNIVERSITY AVENUE WEST
    ST PAUL,MN55103     		NONE 501(C)(3) GENERAL FUND 5,000
    PEOPLE SERVING PEOPLE
    614 SOUTH 3RD STREET
    MINNEAPOLIS,MN55415     		NONE 501(C)(3) GENERAL FUND 10,000
    Total .................................bullet 3a 1,390,000
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 107,299  
    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 ............     		    10 1,356,186  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 2,188,614 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,188,614
    (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:
    MAGGIE APPLAUDS GREAT GOALS IN
     
    EDUCATION INC
    EIN:
    41-1884780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COPELAND BUHL 6,210 5,278   932

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    MAGGIE APPLAUDS GREAT GOALS IN
     
    EDUCATION INC
    EIN:
    41-1884780
    Name of Bond End of Year Book Value End of Year Fair Market Value
    US BANCORP 16,290 17,201
    NORTHERN STATES PWR-MINN 11,931 12,024
    EXXON MOBIL CORPORATION 10,108 10,088
    NATIONAL RURAL UTIL COOP 6,135 6,244
    POTOMAC ELECTRIV POWER 11,138 11,506
    METLIFE INC 5,297 5,277
    STATE STREET CORP 9,349 9,276
    FLORIDA POWER & LIGHT CO 10,121 10,573
    JOHNSON & JOHNSON 10,207 10,434
    BERKSHIRE HATHAWAY INC 5,378 5,339
    ACE INA HOLDINGS 5,406 5,361
    SUNTRUST BANK 5,706 6,380
    WALT DISNEY COMPANY 9,642 11,093
    DUKE ENERGY CAROLINAS 7,518 7,382
    BANK OF AMERICA CORP 12,141 11,913
    ONCOR ELECTRIC DELIVERY 3,163 3,302
    UNITED PARCEL SERVICE 10,116 10,906
    MIDAMERICAN ENERGY CO 2,985 3,306
    PEPSICO INC 2,088 2,104
    DUKE ENERGY FLORIDA LLC 9,468 10,293
    JP MORGAN CHASE & CO 6,915 6,809
    COCA-COLA CO 4,445 4,428
    MASTERCARD INC 6,517 6,600
    3M CO 5,083 5,361
    VISA INC 2,003 2,026

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    MAGGIE APPLAUDS GREAT GOALS IN
     
    EDUCATION INC
    EIN:
    41-1884780
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EDGEWOOD GROWTH FUND-INST 296,258 442,557
    FIDELITY 500 INDEX-INST PRM 2,075,391 3,379,185
    HEALTH CARE SELECT SECTOR 249,475 378,008
    INDUSTRIAL SELECT SECT SPDR 161,801 187,495
    INVESCO QQQ TRUST SERIES 1 360,325 702,603
    ISHARES RUSSELL 1000 VALUE E 463,395 562,901
    VANECK OIL SERVICES ETF 157,817 151,384
    VANGUARD FINANCIALS ETF 347,235 510,566
    VANGUARD MID-CAP ETF 42,009 64,202
    VANGUARD SMALL-CAP ETF 43,960 64,187
    FIDELITY INTL INDX- INST PRM 1,028,804 1,214,786
    OAKMARK INTERNATIONSL-R6 315,411 351,355
    VANGUARD FTSE EUROPE ETF 606,650 656,332
    ISHARES MSCI JAPAN ETF 344,760 379,529
    T ROWE PR JAPAN FUND-I 139,630 160,806
    ISHARES MSCI ALL COUNTRY ASI 226,981 275,887
    T ROWE PRICE NEW ASIA-I 139,630 150,206
    ISHARES MSCI CHINA ETF 118,276 108,655
    ISHARES CORE MSCI EMERGING 935,165 1,061,916
    ISHARES MSCI INDIA ETF 119,890 157,735
    MATTHEWS CHINA FUND-INS 151,056 165,220
    INFINEON TECHNOLOGIES 2,578 6,486
    AMERICAN BEACON FDS 105,214 99,144
    AB CAP FUND INC 61,432 58,147
    ARBITRAGE FD CL I 51,837 52,079
    AQR FDS DIVERSIFIED ARBITRAGE FD CLASS I 90,423 101,273
    FUNDVANTAGE TR GOTHAM ABSOLUTE 70,795 97,640
    GOLDMAN SACHS TR FINL SQUARE TREAS INSTRS 7,767 7,767
    JPMORGAN TR I 83,052 85,859
    LOCORR INVT TRUST 61,304 57,924
    MERGER FD INST CLASS 50,232 51,185
    NEUBERGER BERMAN ALTERNATIVE FDS 72,624 89,635
    ABBEY CAPITAL FUTURES STRATEGY FUND CLASS I 57,530 58,258
    ALPHASIMPLEX MANAGED FUTURES 45,401 45,048
    AGREE REALTY CORP 7,288 7,850
    ALEXANDRIA REAL ESTATE 14,639 23,634
    AMERICAN ASSETS TR INC 1,720 2,252
    AMERICAN HOMES 4 RENT 14,143 23,724
    AMERICAN TOWER CORP 17,299 21,060
    APARTMENT INCOME 8,753 12,465
    APPLE HOSPITALITY 4,508 5,507
    AVALONBAY COMMUNITIES 22,931 33,594
    BRANDYWINE REALTY TRUST 2,350 2,094
    BROADSTONE NET LEASE INC 6,109 8,215
    CHOICE HOTELS INTL 1,419 2,340
    COUSINS PPTYS INC 9,264 11,077
    CUBESMART 6,072 11,894
    D R HORTON INC 6,593 7,483
    DIAMONDROCK HOSPITALITY COMPANY 1,226 2,258
    DIGITAL REALTY TRUST INC 5,332 6,721
    EQUINIX INC 24,014 35,525
    EQUITY LIFESTYLE PROP 7,022 12,886
    ESSEX PROPERTY TRUST INC 18,985 28,178
    EXTRA SPACE STORAGE INC 13,255 28,568
    FIRST INDL RLTY TR INC 9,329 15,160
    HEALTHCARE REALTY TR INC 10,284 10,378
    HEALTHCARE TR AMER INC 11,750 13,990
    INVITATION HOMES INC 19,655 36,408
    INVENTRUST PPTYS CORP 4,755 5,316
    KILROY RLTY CORP 13,208 12,760
    MARRIOTT VACATIONS 9,295 9,294
    MEDICAL PROPERTIES TRUST INC 9,890 11,626
    MGM GROWTH PROPERTIES LLC 5,802 6,985
    PARK HOTELS & RESORTS INC 3,283 4,248
    PROLOGIS INC 21,986 49,329
    PS BUSINESS PKS INC 7,378 10,498
    PUBLIC STORAGE INC 10,001 14,608
    REGENCY CENTERS CORP 9,252 11,604
    REXFORD IND REALTY INC 7,880 13,789
    SABRA HEALTH CARE 9,433 7,596
    SAUL CENTERS 1,519 1,697
    SIMON PROPERTY GROUP 7,777 8,308
    STORE CAPITAL CORP 8,717 11,902
    SUN COMMUNITIES INC 14,554 26,246
    TERRENO REALTY CORP 7,410 12,538
    TRAVEL + LEISURE CO 5,056 4,643
    VENTAS INC 27,981 25,356
    VICI PPRTYS INC 10,625 13,519
    WELLTOWER INC 6,155 9,263
    WEYERHAEUSER CO 4,366 5,106
    ABBVIE INC 44,871 72,033
    ACUSHNET HOLDINGS CORP 18,411 30,733
    ADIDAS AG-SPON 6,827 6,624
    ADOBE SYSTEMS INC 18,757 30,621
    AERCAP HLDINGS NV 3,839 5,692
    AIA GROUP LTD 4,073 4,920
    AIR LIQUIDE ADR 3,432 4,882
    ALIGN TECH INC 5,758 17,744
    ALPHABET INC 15,116 37,617
    AMAZON COM INC 14,248 33,343
    AMERICAN ELECTRIC POWER INC 35,770 37,367
    AMERICAN INTL GROUP INC 9,878 14,954
    AMERICAN TOWER CORP 17,769 21,353
    AMGEN INC 28,567 30,371
    AMPHENOL CORP NEW 18,439 41,456
    APTARGROUP INC 9,411 10,533
    ARCH CAP GROUP LTD 46,532 69,920
    ARCHER-DANIELS-MIDLND CO 10,480 16,357
    ARISTA NETWORKS INC 17,110 44,850
    ARKEMA-SPONSORED ADR 3,389 4,111
    ARMSTRONG WORLD INDUSTRIES 15,576 25,430
    ARTISAN PARTNERS ASSET MANAGEMENT 13,436 16,150
    ASML HOLDING NV 7,673 19,904
    ASPEN TECHNOLOGY INC 13,828 27,396
    ASSA ABLOY 5,893 8,689
    AT & T INC 25,589 20,492
    AUTOHOME INC 27,469 9,610
    AUTOLIV INC 9,616 10,755
    BAXTER INTERNATIONAL INC 14,788 15,537
    BCE INC 45,897 50,531
    BERKLEY W R CORPORATION 17,052 30,072
    BLACK KNIGHT INV 31,070 34,897
    BOSTON SCIENTIFIC CORP 7,402 8,793
    BRENNTAG SE 5,391 8,240
    BRISTOL MYERS SQUIBB 20,719 21,324
    BRITISH AMERN TOB PLC 60,639 61,839
    BROADCOM INC 8,262 20,628
    BROOKFIELD ASSET MANGMNT 18,880 39,670
    BROWN AND BROWN INC COM 21,589 57,419
    BROWN FORMAN CORP 8,825 12,168
    BUNZL PLC 7,893 11,420
    CANNAE HOLDINGS INC 47,380 45,133
    CARLISLE COMPANIES INC 31,963 61,534
    CARMAX INC 22,493 46,101
    CDN IMPERIAL BK COMMRC 18,375 26,576
    CDW CORPORATION OF DELAWARE 16,680 45,256
    CHEVRON CORPORATION 58,448 65,481
    CIGNA CORP NEW 11,243 14,007
    CISCO SYSTEMS INC 11,241 17,934
    CLARIVATE PLC 42,823 38,596
    CLEARWATER ANALYTICS HOLDINGS INC 8,023 7,859
    COCA-COLA COMPANY 12,292 14,033
    COGNIZANT TECHNOLOGY 9,972 15,260
    COMCAST CORP 9,832 12,935
    COMPASS GRP PLC 3,201 3,207
    CONAGRA BRANDS INC 28,114 29,403
    CONOCOPHILLIPS 9,886 16,818
    COPART INC 14,343 47,002
    COSTCO WHSL CORP 8,154 15,328
    CRH PLC ADR 7,976 12,830
    CROWN CASTLE INTERNATIONAL CORP 36,375 46,132
    CVS HEALTH CORPORATION 12,909 20,426
    DBS GROUP HOLDINGS 5,334 7,302
    DEUTSCHE BOERSE AG-UNSPO 3,435 4,236
    DEXCOM INC 8,834 12,887
    DIAGEO PLC 5,301 7,265
    DIGITAL REALTY TRUST INC 12,939 17,333
    DISCOVER FINANCIAL 10,181 13,636
    DISNEY WALT COMPANY 9,495 14,250
    DOLLAR GENERAL CORP 14,757 16,272
    DOLLAR TREE STORES INC 55,966 92,181
    DOMINION ENERGY INC 32,314 35,038
    DONALDSON COMPANY INC 6,741 8,296
    DOVER CORP COMMON 14,582 15,436
    DRIL-QUIP INC 10,289 4,566
    DUKE ENERGY CORP 33,140 43,638
    DUPONT DE NEMOURS INC 14,574 16,318
    EDISON INTL 13,395 14,606
    EMCOR GROUP INC 18,131 34,013
    ENBRIDGE INC 45,648 48,655
    EQUINIX INC 8,619 9,304
    EQUITY RESIDENTIAL 10,259 16,833
    EXPEDITORS INTL WASH INC 13,232 27,664
    EXXON MOBIL CORP 68,902 59,110
    FACTSET RESEARCH SYSTEMS INC 15,023 32,563
    FERGUSON PLC NEW 3,249 8,790
    FIDELITY NATIONAL INFORMATION SVCS 16,211 12,661
    FIRST HAWAIIAN INC 19,964 26,537
    FTI CONSULTING INC 26,534 38,662
    FUJITSU LTD ADR 6,745 7,318
    GARTNER INC 16,273 55,497
    GENERAL MILLS INC 23,064 25,200
    GILEAD SCIENCES INC 47,890 53,804
    GLACIER BANCORP INC 15,067 21,433
    GOLDMAN SACHS ETF TR ETF ACTIVEBETA 196,109 309,871
    GRACO INCORPORATED COM 15,359 32,087
    HDFC BANK LTD-ADR 3,658 4,425
    HEINEKEN N V 9,104 10,066
    HELLOFRESH SE 2,022 2,000
    HOME DEPOT INC 8,850 14,940
    HONEYWELL INTERNATIONAL INC 12,939 12,928
    HUNTINGTON BANCSHRES INC 27,324 33,739
    IHS MARKIT LTD 21,372 49,180
    ILLUMINIA INC 3,386 3,804
    INFOSYS LTD SP 2,644 7,061
    INVESCO OPTIMUM YLD 35,873 25,505
    IQVIA HLDGS INC 7,522 13,261
    ISHARES RUSSELL 2000 461,588 633,093
    ISHARES CORE S&P MID ETF 104,779 161,073
    ISHARES CORE S&P 500 ETF 280,618 530,413
    ISHARES INC ETF 295,755 310,494
    JACK HENRY & ASSOC INC 7,922 11,021
    JOHNSON & JOHNSON 10,190 12,830
    JULIUS BAER GROUP LTD 3,437 4,128
    KBC GROEP NV 2,160 2,888
    KERING S A 8,772 9,742
    KERRY GROUP PLC 6,260 7,230
    KIMBERLY-CLARK CORP 24,559 25,154
    KONINKLIJKE DSM 2,961 3,736
    KONINKLIJKE PHILIPS 7,109 5,822
    LABORATORY CORP OF AMER HLDGS 26,315 53,730
    LANDSTAR SYSTEMS INC 27,058 28,464
    LCI INDUSTRIES 14,040 14,028
    LIBERTY BROADBAND CORP 35,553 70,240
    LLOYDS BANKING GROUP PLC 4,207 3,955
    LOCKHEED MARTIN CORP 14,413 15,283
    LONDON STOCK ADR 7,346 8,233
    LONZA GROUP AG-UNSP 1,876 5,344
    MANHATTAN ASSOCIATES INC 7,226 30,010
    MARKEL CORP 44,738 51,828
    MASTERCARD INC 11,418 14,373
    MERCK & CO INC 62,067 62,692
    META PLATFORMS INC 12,409 24,890
    METLIFE INC 13,354 14,873
    MKS INSTRUMENTS 16,682 17,765
    MOELIS & CO 19,588 36,381
    MOTOROLA SOLUTIONS INC 10,031 16,302
    NATIONAL GRID PLC 41,634 41,584
    NETFLIX COM 10,467 12,049
    NIKE INC 8,603 9,334
    NITORI HLDGS CO LTD 5,478 4,725
    NORDEA BANK ABP 3,776 4,692
    NORTHROP GRUMMAN CORP 10,009 14,322
    NOVARTIS AG 7,834 8,834
    NVIDIA CORP 4,617 32,352
    NXP SEMICONDUCTORS 6,515 11,617
    ORACLE CORPORATION 8,073 14,215
    PACCAR INC 36,289 36,981
    PAYPAL HOLDINGS INC 8,204 18,669
    PEPSICO INCORPORATED 10,822 13,723
    PERNOD RICARD S A 5,421 8,387
    PFIZER INCORPORATED 16,818 27,458
    PHILIP MORRIS INTERNATIONAL INC 44,041 54,910
    PPL CORPORATION 22,407 21,673
    PRICESMART INC 11,702 11,707
    PRIMERICA INC 18,324 28,508
    PROGRESSIVE CORP OHIO 35,641 43,832
    PRUDENTIAL 7,314 6,473
    PUBLIC SVC ENTERPRISE GROUP INC 11,331 15,081
    QIAGEN NV 5,972 6,503
    R L I CORP 17,156 20,963
    RAYTHEON TECHNOLOGIES CORP 13,055 15,061
    RBC BEARINGS INC 12,236 18,783
    REALTY INCOME CORP 20,370 21,119
    REGIONS FINANCIAL CORP 9,917 14,214
    RELX 7,632 11,087
    RIGHTMOVE 19,888 35,645
    ROCHE HOLDINGS LTD 7,428 12,199
    ROSS STORES INC 34,090 41,141
    S&P GLOBAL INC 5,599 8,495
    SALESFORCE.COM 12,504 20,839
    SAP SE-SPONSORED 7,733 9,247
    SCHNEIDER ELECTRIC 4,003 9,214
    SCHWAB CHARLES CORP 4,673 11,606
    SECTOR SPDR TR 48,540 157,874
    SELECT SECTOR 32,005 57,716
    SERVICENOW INC 10,425 31,806
    SGS SOC GEN SURVEILLANCE 3,453 4,701
    SHENZHOU ADR INTERNATIONAL GRP HOLDIN 6,896 6,067
    SIMPSON MANUFACTURING INC 22,485 35,741
    SMITH & NEPHEW PLC 6,174 5,331
    SMURFIT KAPPA GROUP 6,185 8,636
    SNOWFLAKE INC 5,284 7,791
    SONOVA HOLDING 2,356 5,732
    SONY GROUP CORP NEW 8,409 10,112
    SOUTHERN COMPANY 36,024 47,800
    SUBARU CORP 3,023 2,826
    TAIWAN SEMICONDUCTOR 2,688 8,301
    TC ENERGY CORP 23,493 23,410
    TECHNOPRO HOLDINGS 4,563 7,214
    TECHTRONIC INDS LTD 6,291 13,518
    TELEDYNE TECHNOLOGIES 7,976 18,349
    TELEPERFORMANCE 3,084 6,013
    TERUMO CORP 4,900 6,219
    TJC COS INC 14,925 15,640
    TOKIO MARINE HOLDING 4,369 5,153
    TORO COMPANY 16,513 23,978
    TOTALENERGIES 13,718 13,700
    TOYOTA MTR CORP 3,900 5,930
    TRADE DESK INC 4,378 15,762
    TRANSUNION 8,723 12,925
    TRAVIS PERKINS PLC 3,278 3,410
    TRUIST FINL CORP 37,837 43,327
    TWILIO INC 9,879 8,690
    UBS GROUP AG 5,394 6,880
    ULTA BEAUTY INC 4,633 9,071
    UNILEVER PLC 57,215 55,457
    US BANCORP 39,814 40,330
    VANGUARD FINANCIALS 67,809 76,870
    VANGUARD FTSE DEVELOPED MARKETS 328,370 404,395
    VANGUARD HEALTH CARE 53,870 70,068
    VANGUARD INDUSTRIALS 72,219 74,283
    VANGUARD INTL EQUITY 326,760 378,567
    VANGUARD MID-CAP 218,246 378,079
    VERIZON COMMUNICATIONS 58,211 59,027
    VIATRIS INC 16,444 13,043
    VISA INC CLASS A 11,967 20,587
    VODAFONE GROUP PLC 42,684 34,249
    VONTIER CORP 30,691 30,791
    WALLGREENS BOOTS ALLIANCE INC 14,174 14,970
    WASTE CONNECTIONS INC 6,119 8,994
    WATTS WATER TECHNOLOGIES 17,761 31,067
    WEIR GRP PLC 4,709 5,298
    WILLIAMS COMPANIES INC 31,074 30,154
    WILLIS TOWERS WATSON PUB LTD CO 3,592 4,987
    ZOETIS INC 6,336 18,058
    3M CO 16,086 18,116
    BRANDES INVT TR EMERGING MKTS VALUE 288,298 303,358
    INVESCO DEVELOPING MARKETS FUND 120,681 137,925

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    MAGGIE APPLAUDS GREAT GOALS IN
     
    EDUCATION INC
    EIN:
    41-1884780
    US Government Securities - End of Year Book Value:

    296,442
    US Government Securities - End of Year Fair Market Value:

    301,162
    State & Local Government Securities - End of Year Book Value:


    35,048
    State & Local Government Securities - End of Year Fair Market Value:


    34,018


    TY 2021 InvestmentsOtherSchedule2
    Name:
    MAGGIE APPLAUDS GREAT GOALS IN
     
    EDUCATION INC
    EIN:
    41-1884780
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HIGHBRIDGE SPAC OPPORTUNITY PRIVATE AT COST 188,452 191,290
    HPS MEZZANINE PRIVATE INVESTORS AT COST 190,206 224,057
    VINTAGE 2020 PRIVATE INVESTMENTS AT COST 142,865 157,191
    VINTAGE 2021 PRIVATE INVESTMENTS AT COST 64,896 64,896
    VINTAGE 2019 PRIVATE INVESTMENTS AT COST 196,255 281,858
    VP DISLOCATION FUND - OFFSHORE AT COST 0 38,587
    COHEN & STEERS REAL ESTATE-F AT COST 459,871 621,939
    ISHARES GOLD TRUST AT COST 60,540 81,351
    PIMCO COMMODITYPL STRAT-INS AT COST 463,557 426,110
    DODGE & COX INCOME AT COST 489,303 493,369
    DOUBLELINE TTL RTRN BND-R6 AT COST 196,135 190,755
    JPM MANAGED INCOME FD - USD L AT COST 622,791 620,629
    PIMCO TOTAL RETURN FUND-INST AT COST 77,275 77,200
    SCHWAB U.S. TIPS ETF AT COST 452,291 492,492
    VANGUARD TOT BD MKT IDX-ADM AT COST 1,136,349 1,165,251
    VANGUARD SHORT TERM TIPS AT COST 154,755 153,943
    WFB 4.5 YR MLCD AT COST 232,550 227,678
    HSBC 7YR MLCD AT COST 540,741 656,900
    JPM 7YR MLCD AT COST 540,512 514,750
    WFB 7YR MLCD LINKED TO SPX 10/7/24 AT COST 297,253 391,958
    WFB 7YR MLCD LINKED TO DOM 12/9/24 AT COST 983,323 1,074,780
    GS 7YR MLCD AT COST 555,541 643,900
    WFB 7YR MLCD LINKED TO DOM 2/6/25 AT COST 768,093 794,710
    WFB 7YR MLCS LINKED TO SPX 2/6/25 AT COST 372,497 440,912

    TY 2021 OtherExpensesSchedule
    Name:
    MAGGIE APPLAUDS GREAT GOALS IN
     
    EDUCATION INC
    EIN:
    41-1884780
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MN FILING FEE 25 25   0
    MARKETING 383 383   0


    TY 2021 OtherIncomeSchedule2
    Name:
    MAGGIE APPLAUDS GREAT GOALS IN
     
    EDUCATION INC
    EIN:
    41-1884780
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM PASSTHROUGH 497 497 497


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    MAGGIE APPLAUDS GREAT GOALS IN
     
    EDUCATION INC
    EIN:
    41-1884780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATION FEES 180,793 153,674   27,119


    TY 2021 TaxesSchedule
    Name:
    MAGGIE APPLAUDS GREAT GOALS IN
     
    EDUCATION INC
    EIN:
    41-1884780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 16,860 16,860   0