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
JULIE & DOUG BAKER JR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

46-1734894
B Telephone number (see instructions)

(651) 466-8710
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$13,444,825J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 151,795 151,795  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,256,966
b Gross sales price for all assets on line 6a 3,624,951
7 Capital gain net income (from Part IV, line 2)... 2,256,966
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 68 68  
12 Total. Add lines 1 through 11........ 2,408,829 2,408,829  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 2,500 0 0 2,500
c Other professional fees (attach schedule).... Click to see attachment 75,568 68,011   7,557
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,317 1,075   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 90,410 69,086 0 10,082
25 Contributions, gifts, grants paid....... 2,737,200 2,737,200
26 Total expenses and disbursements. Add lines 24 and 25 2,827,610 69,086 0 2,747,282
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -418,781
b Net investment income (if negative, enter -0-) 2,339,743
c Adjusted net income (if negative, enter -0-)... 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 Savings and temporary cash investments......... 4,477,793 1,897,868 1,897,868
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,911,770 Click to see attachment7,072,299 9,512,399
c Investments—corporate bonds (attach schedule)....... 1,917,160 Click to see attachment1,917,160 2,023,170
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment10,774 Click to see attachment11,388 Click to see attachment11,388
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,317,497 10,898,715 13,444,825
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 11,317,497 10,898,715
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 11,317,497 10,898,715
30 Total liabilities and net assets/fund balances (see instructions). 11,317,497 10,898,715
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
11,317,497
2
Enter amount from Part I, line 27a .....................
2
-418,781
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,898,716
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,898,715
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 3. ALPHABET INC CL A   2020-12-07 2021-02-02
b 3. ALPHABET INC CL A   2020-12-07 2021-02-02
c 29. HONEYWELL INTL INC COM   2020-12-07 2021-02-02
d 11. RINGCENTRAL INC   2020-12-07 2021-02-02
e 31. 3M CO   2020-12-07 2021-02-02
157. BANK OF AMERICA CORP   2020-12-07 2021-02-10
36. J P MORGAN CHASE & CO   2020-12-07 2021-02-10
551. VIATRIS INC   2020-12-07 2021-02-10
246. BANK OF AMERICA CORP   2020-12-07 2021-02-17
55. J P MORGAN CHASE & CO   2020-12-07 2021-02-17
46. PAYPAL HOLDINGS INC   2020-12-07 2021-02-17
35. CHUBB LTD   2020-12-07 2021-02-17
167. SCHWAB CHARLES CORP NEW COM   2020-12-07 2021-02-26
137. LYONDELLBASELL INDUSTRIES CL A   2020-12-07 2021-03-03
347. ATT INC   2020-12-07 2021-03-05
46. CME GROUP INC   2020-12-07 2021-03-05
38. ELECTRONIC ARTS COM   2020-12-07 2021-03-05
28. 3M CO   2020-12-07 2021-03-05
55. XYLEM INC   2020-12-07 2021-03-05
61. CHUBB LTD   2020-12-07 2021-03-05
63. CHUBB LTD   2020-12-07 2021-03-05
53. CME GROUP INC   2020-12-07 2021-03-25
212. CISCO SYS INC   2020-12-07 2021-03-25
126. MICRON TECHNOLOGY INC COM   2020-12-07 2021-03-25
130. BANK OF AMERICA CORP   2020-12-07 2021-04-30
127. MICRON TECHNOLOGY INC COM   2020-12-07 2021-04-30
26. ELECTRONIC ARTS COM   2020-12-07 2021-05-11
124. BANK OF AMERICA CORP   2020-12-07 2021-06-09
513. CABOT OIL & GAS CORP CL A   2020-12-07 2021-06-09
555. CABOT OIL & GAS CORP CL A   2020-12-07 2021-06-09
65. SCHWAB CHARLES CORP NEW COM   2020-12-07 2021-06-09
149. SCHWAB CHARLES CORP NEW COM   2020-12-07 2021-06-09
53. LYONDELLBASELL INDUSTRIES CL A   2020-12-07 2021-06-09
75. J P MORGAN CHASE & CO   2020-12-07 2021-07-26
39. MICROSOFT CORP   2020-12-07 2021-07-26
43. MICROSOFT CORP   2020-12-07 2021-07-26
48. TARGET CORPORATION   2020-12-07 2021-07-26
25. TARGET CORPORATION   2020-12-07 2021-07-26
13500. ECOLAB INC COM   2012-05-24 2021-09-02
39. AMERICAN TOWER CORP   2020-12-07 2021-09-09
39. AMERICAN TOWER CORP     2021-09-09
26. COSTCO WHSL CORP NEW COM   2020-12-07 2021-09-09
49. EDWARDS LIFESCIENCES CORP COM   2020-12-07 2021-09-09
10. INTUIT INC COMMON STOCK   2021-03-25 2021-09-09
27. NVIDIA CORP   2021-02-26 2021-09-09
254. PFIZER INC   2020-12-07 2021-09-09
101. TRANSUNION   2020-12-07 2021-09-09
92. XYLEM INC   2020-12-07 2021-09-09
320. BANK OF AMERICA CORP   2021-09-28 2021-11-05
299. BANK OF AMERICA CORP   2021-09-28 2021-11-05
56. COSTCO WHSL CORP NEW COM   2021-09-28 2021-11-05
39. HOME DEPOT INC COM   2021-09-28 2021-11-05
22. INTUIT INC COMMON STOCK   2021-09-28 2021-11-05
44. MASTERCARD INC     2021-11-05
74. MICROSOFT CORP   2021-09-28 2021-11-05
354. SCHWAB CHARLES CORP NEW COM   2021-09-28 2021-11-05
27. TYLER TECHNOLOGIES INC   2021-09-28 2021-11-05
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(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 5,777   5,420 357
b 5,777   5,418 359
c 5,764   6,110 -346
d 4,338   3,830 508
e 5,474   5,251 223
5,228   4,558 670
5,056   4,376 680
10,107   9,753 354
8,457   7,143 1,314
7,964   6,689 1,275
13,657   9,974 3,683
5,760   5,321 439
10,339   8,457 1,882
14,856   11,992 2,864
10,071   10,304 -233
9,647   8,420 1,227
4,981   4,959 22
4,987   4,743 244
5,471   5,367 104
10,263   9,274 989
10,600   9,581 1,019
10,664   9,701 963
10,809   9,376 1,433
10,478   9,088 1,390
5,287   3,775 1,512
11,162   9,160 2,002
3,667   3,393 274
5,282   3,601 1,681
8,844   8,436 408
9,568   9,113 455
4,804   3,292 1,512
11,013   7,539 3,474
5,999   4,639 1,360
11,348   9,121 2,227
11,258   8,326 2,932
12,413   9,177 3,236
12,515   8,242 4,273
6,519   4,291 2,228
3,044,807   880,065 2,164,742
11,703   8,750 2,953
11,716   8,932 2,784
12,115   9,699 2,416
5,993   4,231 1,762
5,695   3,733 1,962
6,024   3,664 2,360
11,699   10,419 1,280
12,565   9,538 3,027
12,317   8,977 3,340
15,101   13,860 1,241
14,107   12,960 1,147
28,510   25,036 3,474
14,405   12,989 1,416
13,615   12,077 1,538
15,346   15,571 -225
24,899   21,093 3,806
28,833   26,853 1,980
14,456   12,328 2,128
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
      4,841
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       357
b       359
c       -346
d       508
e       223
      670
      680
      354
      1,314
      1,275
      3,683
      439
      1,882
      2,864
      -233
      1,227
      22
      244
      104
      989
      1,019
      963
      1,433
      1,390
      1,512
      2,002
      274
      1,681
      408
      455
      1,512
      3,474
      1,360
      2,227
      2,932
      3,236
      4,273
      2,228
      2,164,742
      2,953
      2,784
      2,416
      1,762
      1,962
      2,360
      1,280
      3,027
      3,340
      1,241
      1,147
      3,474
      1,416
      1,538
      -225
      3,806
      1,980
      2,128
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2,256,966
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 32,522
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 32,522
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 42,332
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 42,332
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,810
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet9,810 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part 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 addressbullet  
    14
    The books are in care ofbulletU S BANK NATIONAL ASSOCIATION Telephone no.bullet (855) 452-4069

    Located atbullet101 E FIFTH STST PAULMN ZIP+4bullet55101
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DOUGLAS M BAKER JR C0-TRUSTEE
    2     		0    
    4613 EDINA BOULEVARD
    EDINA,MN55424
    JULIE M BAKER CO-TRUSTEE
    2     		0    
    4613 EDINA BOULEVARD
    EDINA,MN55424
    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
    US BANK NA ADVISOR/AGENT 75,568
    101 E FIFTH ST
    ST PAUL,MN55101
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    10,866,607
    b
    Average of monthly cash balances.......................
    1b
    2,830,822
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,697,429
    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
    13,697,429
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    205,461
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    13,491,968
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    674,598
    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
    674,598
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    32,522
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    32,522
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    642,076
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    642,076
    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
    642,076
    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 7 642,076
    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...... 2,226,037
    b From 2017...... 1,218,918
    c From 2018...... 1,623,830
    d From 2019...... 1,884,637
    e From 2020...... 2,642,996
    f Total of lines 3a through e ........ 9,596,418
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,747,282
    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..... 642,076
    e Remaining amount distributed out of corpus 2,105,206
    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 11,701,624
    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) ...     		2,226,037
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		9,475,587
    10 Analysis of line 9:
    a Excess from 2017.... 1,218,918
    b Excess from 2018.... 1,623,830
    c Excess from 2019.... 1,884,637
    d Excess from 2020.... 2,642,996
    e Excess from 2021.... 2,105,206
    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).)
    DOUGLAS M BAKER 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 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)
    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
    UNIVERSITY OF MINNESOTA FOUNDATION
    321 19TH AVE SOUTH STE 4-300
    MINNEAPOLIS,MN55455     		NONE PUBLIC GENERAL SUPPORT 60,000
    GREENLIGHT FUND INC
    120 ST JAMES AVENUE 6TH FLOOR
    BOSTON,MA02116     		NONE PC GENERAL OPERATING 20,000
    JUVENILE DIABETES RESEARCH FOUNDATION
    3001 METRO DRIVE SUITE 100
    BLOOMINGTON,MN55425     		NONE PC GENERAL OPERATING 2,500
    AEON
    901 NORTH 3RD STREET SUITE 150
    MINNEAPOLIS,MN55401     		NONE PC GENERAL OPERATING 5,000
    MAYO CLINIC
    200 FIRST STREET SW
    ROCHESTER,MN55905     		NONE PC GENERAL OPERATING 200,000
    GREAT MN SCHOOLS
    1330 LAGOON AVE 4TH FLOOR
    MINNEAPOLIS,MN55408     		NONE PC GENERAL OPERATING 100,000
    MILKWEED EDITIONS
    1011 SOUTH WASHINGTON AVE
    MINNEAPOLIS,MN55415     		NONE PC GENERAL OPERATING 1,000
    MUSEUM OF RUSSIAN ART
    5500 STEVENS AVENUE
    MINNEAPOLIS,MN55419     		NONE PC GENERAL OPERATING 15,000
    FOUNDATION FOR CHILDREN WITH
    NEUROIMMUNE DISORDERS INC
    PO BOX 25
    COLGATE,WI53017     		NONE PC GENERAL OPERATING 10,000
    HIAWATHA ACADEMIES
    3500 EAST 28TH ST
    MINNEAPOLIS,MN55406     		NONE PC GENERAL OPERATING 1,000
    OUR LADY OF GRACE CATHOLIC CHURCH
    5071 EDEN AVENUE
    EDINA,MN55436     		NONE PC GENERAL OPERATING 5,000
    KINSHIP OF CUMBERLAND
    PO BOX 441
    CUMBERLAND,WI54829     		NONE PC GENERAL OPERATING 1,000
    PAGE EDUCATION FOUNDATION
    PO BOX 581254
    MINNEAPOLIS,MN55458     		NONE PC GENERAL OPERATING 15,000
    OPPORTUNITY INTERNATIONAL
    500 WEST VAN BUREN SUITE 200
    CHICAGO,IL60607     		NONE PC GENERAL OPERATING 25,000
    VIBRANT AND SAFE MINNEAPOLIS
    81 SOUTH 9TH ST SUITE 260
    MINNEAPOLIS,MN55402     		NONE PC GENERAL OPERATING 52,500
    UNIVERSITY OF NEW HAMPSHIRE
    9 EDGEWOOD ROAD
    DURHAM,NH03824     		NONE PC GENERAL OPERATING 5,000
    THINK SMALL
    10 YORKTON COURT
    ST PAUL,MN55117     		NONE PC GENERAL OPERATING 25,000
    THE GRIEF CLUB OF MINNESOTA
    11985 TECHNOLOGY DRIVE
    EDEN PRAIRIE,MN55344     		NONE PC GENERAL OPERATING 1,000
    THE CONSTELLATION FUND
    729 NORTH WASHINGTON AVE 6TH FLOOR
    MINNEAPOLIS,MN55401     		NONE PC GENERAL OPERATING 100,000
    SUMMIT ACADEMY OIC
    935 OLSON MEMORIAL HIGHWAY
    MINNEAPOLIS,MN55405     		NONE PC GENERAL OPERATING 25,000
    RONALD MCDONALD HOUSE CHARITIES
    818 FULTON STREET SE
    MINNEAPOLIS,MN55414     		NONE PC GENERAL OPERATING 1,000
    ROLAND PARK COMMUNITY FOUNDATION
    ROLAND PARK COMMUNITY FOUNDATION
    BALTIMORE,MD21210     		NONE PC GENERAL OPERATING 500
    PROJECT FOR PRIDE IN LIVING INC
    1035 EAST FRANKLIN AVE
    MINNEAPOLIS,MN55404     		NONE PC GENERAL OPERATING 1,000
    BABY'S SPACE - A PLACE TO GROW
    2438 - 18TH AVENUE S
    MINNEAPOLIS,MN55404     		NONE PC GENERAL OPERATING 2,000
    MEDICAL COLLEGE OF WISCONSIN
    PO BOX 26509
    MILWAUKEE,WI53226     		NONE PC GENERAL OPERATING 500
    WAY TO GROW
    125 WEST BROADWAY AVE
    MINNEAPOLIS,MN55411     		NONE PC GENERAL OPERATING 80,000
    TWIN CITIES RISE
    1301 BRYANT AVE N
    MINNEAPOLIS,MN55411     		NONE PC GENERAL OPERATING 75,000
    EDALLIES
    2800 UNIVERSITY AVE SE SUITE 200
    MINNEAPOLIS,MN55414     		NONE PC GENERAL OPERATING SUPPORT 5,000
    NORTHSIDE ACHIEVEMENT ZONE
    2123 WEST BROADWAY AVE
    MINNEAPOLIS,MN55411     		NONE PC GENERAL OPERATING SUPPORT 80,000
    TREEHOUSE
    5666 LINCOLN DRIVE
    MINNEAPOLIS,MN55436     		NONE PC GENERAL OPERATING 5,000
    UPTURNSHIPS INC
    5121 MIRROR LAKES DRIVE
    MINNEAPOLIS,MN55436     		NONE PC GENERAL OPERATING 25,000
    EDINA GIVENGO
    5701 NORMANDALE RD
    EDINA,MN55424     		NONE PC GENERAL OPERATING 25,000
    YWCA OF MINNEAPOLIS
    2808 HENNEPIN AVE
    MINNEAPOLIS,MN55408     		NONE PC GENERAL OPERATING 20,000
    BEACON INTERFAITH HOUSING
    2610 UNIVERSITY AVE WEST SUITE 10
    ST PAUL,MN55114     		NONE PC GENERAL OPERATING 10,000
    CITIZENS LEAGUE
    213 FOURTH STREET EAST STE 425
    ST PAUL,MN55101     		NONE PC GENERAL OPERATING 5,000
    BANYAN FOUNDATION
    2529 13TH AVE S
    MINNEAPOLIS,MN55404     		NONE PC GENERAL OPERATING 2,000
    CATHOLIC CHARITIES
    1200 SECOND AVE SOUTH
    MINNEAPOLIS,MN55403     		NONE PC GENERAL OPERATING 50,500
    CHRISTO REY JESUIT HIGH SCHOOL
    2924 4TH AVENUE SOUTH
    MINNEAPOLIS,MN55404     		NONE PC GENERAL OPERATING 1,000
    COLLEGE POSSIBLE MINNESOTA
    540 FAIRVIEW AVENUE N SUITE 201
    STPAUL,MN55104     		NONE PC GENERAL OPERATING 5,000
    COMPAS INC
    75 WEST 5TH STREET SUITE 304
    ST PAUL,MN55102     		NONE PC GENERAL OPERATING 1,500
    DUKE UNIVERSITY
    PO BOX 90581
    DURHAM,NC27708     		NONE PC GENERAL OPERATING 135,000
    GREATER TWIN CITIES UNITED WAY
    404 SOUTH 8TH ST
    MINNEAPOLIS,MN55404     		NONE PC GENERAL OPERATING 100,000
    KIPP MINNESOTA
    5034 NORTH OLIVER AVE
    MINNEAPOLIS,MN55432     		NONE PC GENERAL OPERATING 2,000
    MICROGRANTS
    1035 EAST FRANKLIN AVE
    MINNEAPOLIS,MN55404     		NONE PC GENERAL OPERATING 2,500
    MINNEAPOLIS CRISIS NURSERY
    4544 4TH AVE S
    MINNEAPOLIS,MN55419     		NONE PC GENERAL OPERATING 5,000
    MINNESOTA HISTORICAL SOCIETY
    345 W KELLOGG BLVD
    ST PAUL,MN55102     		NONE PC GENERAL OPERATING 1,200
    MINNESOTA ORCHESTRA ASSOCIATION
    1111 NICOLLET MALL
    MINNEAPOLIS,MN55403     		NONE PC GENERAL OPERATING 50,000
    MINNESOTA PUBLIC RADIO
    480 CEDAR STREET
    ST PAUL,MN55101     		NONE PC GENERAL OPERATING 2,000
    MONTESSORI TRAINING CENTER OF MN
    1611 AMES AVENUE
    ST PAUL,MN55106     		NONE PC GENERAL OPERATING 25,000
    OASIS FOR YOUTH
    2200 W OLD SHAKOPEE ROAD
    BLOOMINGTON,MN55431     		NONE PC GENERAL OPERATING 3,500
    ST STEPHENS EPISCOPAL CHURCH
    4439 WEST 50TH STREET
    EDINA,MN55424     		NONE PC GENERAL OPERATING 166,500
    THE NATURE CONSERVANCY
    1101 WEST RIVER PARKWAY SUITE 200
    MINNEAPOLIS,MN55415     		NONE PC GENERAL OPERATING 10,000
    TWIN CITIES HABITAT FOR HUMANITY
    1954 UNIVERSITY AVE W
    ST PAUL,MN55104     		NONE PC GENERAL OPERATING 25,000
    YOUTH FRONTIERS INC
    6009 EXCELSIOR BLVD
    MINNEAPOLIS,MN55416     		NONE PC GENERAL OPERATING 2,000
    THE MINNEAPOLIS FOUNDATION
    800 IDS CENTER
    80 SOUTH EIGHTH ST
    MINNEAPOLIS,MN55402     		NONE PC GENERAL OPERATING 375,000
    ONEVILLAGE PARTNERS
    2104 STEVENS AVE S
    MINNEAPOLIS,MN55404     		NONE PC GENERAL OPERATING 1,000
    THE BRIDGE FOR YOUTH
    1111 WEST 22ND STREET
    MINNEAPOLIS,MN55405     		NONE PC GENERAL OPERATING 2,500
    NORTHSIDE ECONOMIC OPPORTUNITY --
    1007 WEST BROADWAY AVENUE
    MINNEAPOLIS,MN55411     		NONE PC GENERAL OPERATING 100,000
    TRUSTEES OF THE COLLEGE OF THE --
    1 COLLEGE STREET
    WORCESTER,MA01610     		NONE PC GENERAL OPERATING 600,000
    UNIVERSITY OF ST THOMAS
    2115 SUMMIT AVENUE
    ST PAUL,MN55105     		NONE PC GENERAL OPERATING 60,000
    YWCA
    1130 NICOLLET MALL
    MINNEAPOLIS,MN55403     		NONE PC GENERAL OPERATING 5,000
    Total .................................bullet 3a 2,737,200
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,256,966  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRETURN OF PY GRANT     		    1 3  
    bOTHER INCOME     1 65  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   2,408,829  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,408,829
    (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:
    JULIE & DOUG BAKER JR FOUNDATION
    EIN:
    46-1734894
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 2,500     2,500

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    JULIE & DOUG BAKER JR FOUNDATION
    EIN:
    46-1734894
    Name of Bond End of Year Book Value End of Year Fair Market Value
    921937702 VANGUARD SHORT TERM 852,944 879,469
    921937835 VANGUARD TOTAL BOND 1,064,216 1,143,701

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    JULIE & DOUG BAKER JR FOUNDATION
    EIN:
    46-1734894
    Name of Stock End of Year Book Value End of Year Fair Market Value
    278865100 ECOLAB INC 52,396 56,771
    78462F103 SPDR S P 500 ETF 1,067,954 2,347,252
    464287804 ISHARES CORE S P SMA 47,959 97,219
    78467Y107 SPDR S P MIDCAP 400 152,136 298,184
    46432F834 ISHARES CORE MSCI TO 532,553 736,144
    808524847 SCHWAB US REIT ETF 316,871 446,074
    88339J105 TRADE DESK INC THE C 34,264 45,087
    012653101 ALBEMARLE CORP 114,082 145,405
    92556V106 VIATRIS INC 52,110 45,474
    46625H100 J P MORGAN CHASE CO 138,991 150,274
    30303M102 FACEBOOK INC A 70,248 75,006
    57667L107 MATCH GROUP INC NEW 92,273 79,615
    09247X101 BLACKROCK INC 73,688 85,147
    22160K105 COSTCO WHSL CORP 25,739 39,739
    98419M100 XYLEM INC 28,618 29,740
    776696106 ROPER INDS INC 49,064 56,564
    15135B101 CENTENE CORP COM 66,876 86,602
    12572Q105 CME GROUP INC 23,129 27,644
    03027X100 AMERICAN TOWER CORP 138,896 163,800
    595112103 MICRON TECHNOLOGY IN 48,681 61,665
    855244109 STARBUCKS CORP 43,120 45,852
    217204106 COPART INC COM 46,803 54,735
    57636Q104 MASTERCARD INC 61,368 63,600
    76680R206 RINGCENTRAL INC 72,813 55,643
    438516106 HONEYWELL INTERNATIO 72,053 70,476
    594918104 MICROSOFT CORP 291,085 390,804
    882508104 TEXAS INSTRUMENTS IN 90,286 92,727
    031162100 AMGEN INC 61,501 63,891
    893641100 TRANSDIGM GROUP INC 54,108 55,356
    89400J107 TRANSUNION 36,392 41,859
    375558103 GILEAD SCIENCES INC 108,587 119,153
    037833100 APPLE INC 326,616 432,561
    92826C839 VISA INC 69,984 69,130
    87612E106 TARGET CORP 65,394 73,366
    620076307 MOTOROLA SOLUTIONS I 28,075 36,951
    G5960L103 MEDTRONIC PLC 37,685 32,483
    20030N101 COMCAST CORP CL A 110,367 103,327
    88579Y101 3M CO 34,024 34,460
    H1467J104 CHUBB LTD 57,505 67,272
    28176E108 EDWARDS LIFESCIENCES 11,657 14,898
    N53745100 LYONDELLBASELL INDUS    
    56585A102 MARATHON PETROLEUM C 162,518 192,866
    70450Y103 PAYPAL HOLDINGS INC 89,250 69,209
    285512109 ELECTRONIC ARTS INC    
    02079K305 ALPHABET INC CL A 129,296 162,234
    002824100 ABBOTT LABORATORIES 65,247 81,207
    437076102 HOME DEPOT INC 109,789 150,234
    00206R102 ATT INC    
    458140100 INTEL CORP 25,198 24,823
    17275R102 CISCO SYSTEMS INC 46,599 58,491
    G6095L109 APTIV PLC 24,316 28,701
    717081103 PFIZER INC 84,623 119,163
    461202103 INTUIT INC 18,787 28,302
    902252105 TYLER TECHNOLOGIES I 12,727 15,601
    127097103 CABOT OIL GAS CORP C    
    78409V104 S P GLOBAL INC 18,843 23,125
    958102105 WESTERN DIGITAL CORP 32,733 38,670
    023135106 AMAZON.COM INC 319,023 330,100
    808513105 SCHWAB CHARLES CORP 98,770 134,055
    060505104 BANK OF AMERICA CORP 115,077 143,080
    79466L302 SALESFORCE COM INC 66,175 66,328
    G1151C101 ACCENTURE PLC CL A 71,025 99,907
    931142103 WAL MART STORES INC 127,367 128,340
    92343V104 VERIZON COMMUNICATIO 39,132 35,541
    91324P102 UNITED HEALTH GROUP 74,586 99,926
    81762P102 SERVICENOW INC 15,116 16,877
    87918A105 TELADOC INC 76,649 45,084
    30063P105 EXACT SCIENCES CORPO 66,591 51,446
    22266L106 COUPA SOFTWARE INC 72,622 47,889
    009066101 AIRBNB INC CL A 49,504 49,614
    852234103 SQUARE INC A 28,553 19,058
    65339F101 NEXTERA ENERGY INC 27,673 33,516
    086516101 BEST BUY CO INC 27,255 24,892
    98954M101 ZILLOW GROUP INC 27,208 25,448
    67066G104 NVIDIA CORP 34,983 60,293
    G5494J103 LINDE PLC 25,265 31,872
    149123101 CATERPILLAR INC 83,848 84,557

    TY 2021 OtherAssetsSchedule
    Name:
    JULIE & DOUG BAKER JR FOUNDATION
    EIN:
    46-1734894
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INCOME   0 0
    000000000 MISCELLANEOUS ENTRY 10,774 11,388 11,388


    TY 2021 OtherDecreasesSchedule
    Name:
    JULIE & DOUG BAKER JR FOUNDATION
    EIN:
    46-1734894
    Description Amount
    ROUNDING 1


    TY 2021 OtherExpensesSchedule
    Name:
    JULIE & DOUG BAKER JR FOUNDATION
    EIN:
    46-1734894
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE/TAX 25 0   25


    TY 2021 OtherIncomeSchedule2
    Name:
    JULIE & DOUG BAKER JR FOUNDATION
    EIN:
    46-1734894
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 68 68  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    JULIE & DOUG BAKER JR FOUNDATION
    EIN:
    46-1734894
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 75,568 68,011   7,557


    TY 2021 TaxesSchedule
    Name:
    JULIE & DOUG BAKER JR FOUNDATION
    EIN:
    46-1734894
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 739 739   0
    FEDERAL ESTIMATES - PRINCIPAL 11,242 0   0
    FOREIGN TAXES ON NONQUALIFIED 336 336   0