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
THE EAGLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)510 N CHESTNUT STREET SUITE 206
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHASKA, MN553183300
A Employer identification number

20-8070601
B Telephone number (see instructions)

(952) 938-4811
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$28,632,504J 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) 6,809,961
2 Check bullet.............
3 Interest on savings and temporary cash investments 137,727 137,727  
4 Dividends and interest from securities... 231,055 231,055  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 755,338
b Gross sales price for all assets on line 6a 14,329,836
7 Capital gain net income (from Part IV, line 2)... 755,338
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 7,934,081 1,124,120  
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 6,500 0   0
c Other professional fees (attach schedule).... Click to see attachment 29,443 0   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,245 0   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 54,533 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 107,721 0   0
25 Contributions, gifts, grants paid....... 1,049,235 1,049,235
26 Total expenses and disbursements. Add lines 24 and 25 1,156,956 0   1,049,235
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,777,125
b Net investment income (if negative, enter -0-) 1,124,120
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............. 60,897 53,345 53,345
2 Savings and temporary cash investments......... 1,893,890 8,376,120 8,376,120
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 18,042,373 Click to see attachment18,344,820 20,203,039
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) 19,997,160 26,774,285 28,632,504
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 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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 19,997,160 26,774,285
29 Total net assets or fund balances (see instructions)..... 19,997,160 26,774,285
30 Total liabilities and net assets/fund balances (see instructions). 19,997,160 26,774,285
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
19,997,160
2
Enter amount from Part I, line 27a .....................
2
6,777,125
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
26,774,285
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
26,774,285
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 STIFEL P    
b STIFEL P    
c STIFEL P    
d LPL P    
e LPL P    
Capital Gains Dividends P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,885,159   4,501,738 383,421
b 4,188,398   4,343,241 -154,843
c 3,982     3,982
d 2,391,042   2,276,072 114,970
e 2,841,206   2,453,447 387,759
20,049     20,049
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       383,421
b       -154,843
c       3,982
d       114,970
e       387,759
      20,049
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 2 755,338
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 15,625
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 15,625
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 12,800
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 62
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,887
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletLYNETTE KEDROWSKI Telephone no.bullet (952) 938-4811

    Located atbullet510 NORTH CHESTNUT ST 206CHASKAMN ZIP+4bullet55318
    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
    MARK D HANSON PRESIDENT, TREASURER DIR.
    1.00     		0 0 0
    7431 DOGWOOD RD
    EXCELSIOR,MN55331
    NANCY HANSON SECRETARY, DIR
    1.00     		0 0 0
    7431 DOGWOOD RD
    EXCELSIOR,MN55331
    KARI M HANSON V.P., DIR.
    1.00     		0 0 0
    9785 DORSCH LANE
    EDEN PRAIRIE,MN55437
    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
    19,549,691
    b
    Average of monthly cash balances.......................
    1b
    3,701,117
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,250,808
    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
    23,250,808
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    348,762
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    22,902,046
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,145,102
    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
    1,145,102
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    15,625
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,625
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,129,477
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,129,477
    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
    1,129,477
    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 1,129,477
    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...... 17,005
    b From 2017...... 57,434
    c From 2018...... 275,705
    d From 2019...... 2,772,613
    e From 2020...... 146,449
    f Total of lines 3a through e ........ 3,269,206
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,049,235
    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..... 1,049,235
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 80,242 80,242
    (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 3,188,964
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		3,188,964
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 269,902
    c Excess from 2019.... 2,772,613
    d Excess from 2020.... 146,449
    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).)
    MARK D HANSON
    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:
    MARK D HANSON
    7431 DOGWOOD RD
    EXCELSIOR,MN55331
    (952) 938-4811
    bThe form in which applications should be submitted and information and materials they should include:
    ORGANIZATION OR INDIVIDUAL SHOULD SUBMIT A DETAILED DESCRIPTION OF THE INDIVIDUAL OR ORGANIZATION AND THE PROPOSED ACTIVITIES AND PURPOSES OF THE ORGANIZATION OR INDIVIDUAL.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ADRIAN COLLEGE
    110 S MADISON ST
    ADRIAN,MI49221     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    CENTURY COLLEGE
    3300 CENTURY AVE N
    WHITE BEAR LAKE,MN55110     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    DICKINSON STATE UNIVERSITY
    291 CAMPUS DR
    DICKINSON,ND58601     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    ARIZONA STATE UNIVERSITY
    TEMPE CAMPUS
    TEMPE,AZ85281     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    AUGSBURG COLLEGE
    2211 RIVERSIDE AVE S
    MINNEAPOLIS,MN55454     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 15,000
    AUGUSTANA COLLEGE-SD
    2001 SOUTH SUMMIT AVENUE
    SIOUX FALLS,SD57197     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    BETHEL UNIVERSITY
    3900 BETHEL DRIVE
    ST PAUL,MN55112     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 55,000
    BETHLEHEM COLLEGE & SEMINARY
    720 13TH AVE S
    MINNEAPOLIS,MN55415     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    DIS STUDY ABROAD
    2233 UNIVERSITY AVE W SUITE 201
    ST PAUL,MN55114     		NONE 501 (C)(3) TUITION REDUCTION 2,500
    BOB JONES UNIVERSITY
    1700 WADE HAMPTON BLVD
    GREENVILLE,SC29614     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 22,500
    EVERETT COMMUNITY COLLEGE
    2000 TOWER ST
    EVERETT,WA98201     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CARLETON COLLEGE
    1 N COLLEGE ST
    NORTHFIELD,MN55057     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    FAITH BAPTIST BIBLE COLLEGE
    1900 NW 4TH ST
    ANKENY,IA50023     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    COLLEGE OF ST BENEDICT
    37 SOUTH COLLEGE AVENUE
    ST JOSEPH,MN56374     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    COLORADO STATE UNIVERSITY
    900 OVAL DR
    FORT COLLINS,CO80523     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CONCORDIA ACADEMY
    2400 N DALE ST
    ST PAUL,MN55113     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    CONCORDIA SEMINARY - MO
    801 SEMINARY PL
    ST LOUIS,MO63105     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    MASTER'S INSTITUTE
    2700 RICE ST
    ST PAUL,MN55117     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CONCORDIA UNIVERSITY-ST PAUL
    275 SYNDICATE ST N
    ST PAUL,MN55104     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 92,000
    CRU
    100 LAKE HART DRIVE
    ORLANDO,FL32832     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 20,400
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    DES MOINES AREA COMMUNITY COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    MITCHELL TECHNICAL COLLEGE
    1800 E SPRUCE ST
    MITCHELL,SD57301     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    DUNWOODY COLLEGE OF TECHNOLOGY
    88 DUNWOODY BLVD
    MINNEAPOLIS,MN55403     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 12,500
    MONTANA WILDERNESS SCHOOL OF THE BIBLE
    15431 DEARBORN CANYON RD
    AUGUSTA,MT59410     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    EMMAUS LUTHERAN CHURCH
    1074 IDAHO AVE W
    ST PAUL,MN55117     		NONE 501 (C)(3) DONATION 10,000
    FLORIDA STATE UNIVERSITY
    288 CHAMPIONS WAY
    TALLAHASSEE,FL32306     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    FREE LUTHERAN BIBLE COLLEGE
    3134 MEDICINE LAKE BLVD E
    PLYMOUTH,MN55441     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 25,000
    NORTH DAKOTA STATE COLLEGE OF SCIENCE
    800 6TH ST N
    WAHPETON,ND58076     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    FULLER THEOLOGICAL SEMINARY
    135 N OAKLAND AVE
    PASADENA,CA91182     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    GONZAGA UNIVERSITY
    502 E BOONE AVE
    SPOKANE,WA99258     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    GRAND CANYON UNIVERSITY
    3300 W CAMELBACK RD
    PHOENIX,AZ85017     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 7,500
    NORTH PARK THEOLOGICAL SEMINARY
    3225 W FOSTER AVE
    CHICAGO,IL60625     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 870
    GUSTAVUS ADOLPHUS COLLEGE
    800 W COLLEGE AVE
    ST PETER,MN56082     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    HERZING UNIVERSITY
    435 FORD RD
    ST LOUIS PARK,MN55426     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    INVER HILLS COMMUNITY COLLEGE
    2500 80TH ST E
    INVER GROVE HEIGHTS,MN55076     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    IOWA SCHOOL OF BEAUTY
    3305 70TH ST
    DES MOINES,IA50322     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 4,500
    IOWA STATE UNIVERSITY
    1750 BEARDSHEAR HALL
    AMES,IA50011     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 22,500
    KELLOGG COMMUNITY COLLEGE
    450 NORTH AVENUE
    BATTLE CREEK,MI49017     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    PENSACOLA CHRISTIAN COLLEGE
    250 BRENT LN
    PENSACOLA,FL32503     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    LIBERTY UNIVERSITY
    1971 UNIVERSITY BLVD
    LYNCHBURG,VA24502     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 7,500
    RASMUSSEN COLLEGE
    8300 NORMAN CENTER DR
    BLOOMINGTOM,MN55437     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    SOUTHWEST MN STATE UNIVERSITY
    1501 STATE ST
    MARSHALL,MN56258     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    MILLIKIN UNIVERSITY
    1184 W MAIN ST
    DECATUR,IA62522     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    MINNESOTA STATE UNIVERSITY MANKATO
    228 WIECKLING CTR
    MANKATO,MN56001     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    MINNESOTA TEEN CHALLENGE
    1619 PORTLAND AVE S
    MINNEAPOLIS,MN55404     		NONE 501(C)(3) DONATION 50,000
    ST MARY'S UNIVERSITY - WINONA
    700 TERRACE HEIGHTS
    WINONA,MN55987     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    MOUNT MARTY UNIVERSITY
    1105 W 8TH ST
    YANKTON,SD57078     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF MARY
    7500 UNIVERSITY DR
    BISMARCK,ND58504     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    NORTH CENTRAL UNIVERSITY
    910 ELLIOT AVE
    MINNEAPOLIS,MN55404     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 7,500
    NORTH DAKOTA STATE UNIVERSITY
    1340 ADMINISTRATION AVE
    FARGO,ND58102     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 29,598
    NORTH HEIGHTS CHRISTIAN ACADEMY
    2651 RICE ST
    ROSEVILLE,MN55113     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 11,450
    UNIVERSITY OF MINNESOTA - TWIN CITIES
    1425 UNIVERSITY AVE SE
    MINNEAPOLIS,MN55455     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 12,500
    UNIVERSITY OF NEBRASKA - MEDICAL CENTER
    S 42ND ST AND EMILE ST
    OMAHA,NE68198     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF SIOUX FALLS
    1101 W 22ND ST
    SIOUX FALLS,SD57105     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    PRESENTATION COLLEGE
    1500 N MAIN ST
    ABERDEEN,SD57401     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    PRINCETON THEOLOGICAL SEMINARY
    64 MERCER ST
    PRINCETON,NJ08542     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    WESTERN IOWA TECH COMMUNITY COLLEGE
    4647 STONE AVE
    SIOUX CITY,IA51106     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 1,085
    ROLLINS UNIVERSITY
    1000 HOLT AVENUE
    WINTER PARK,FL32789     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    4KIDS
    2717 WEST CYPRESS CREEK RD
    FORT LAUDERDALE,FL33309     		NONE 501 (C)(3) DONATION 200,000
    GO MOVEMENT
    9301 EDEN PRAIRIE RD
    EDEN PRAIRIE,MN55347     		NONE 501 (C)(3) DONATION 10,000
    SEATTLE PACIFIC UNIVERSITY
    901 12TH AVENUE
    SEATTLE,WA98122     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    LOVE INC
    PO BOX 127
    JENISON,MI49429     		NONE 501 (C)(3) DONATION 5,000
    SOUTH CENTRAL COLLEGE
    1225 3RD ST SW
    FARIBAULT,MN55021     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    SOUTH CENTRAL MN YOUTH FOR CHRIST
    116 W CLARK ST
    ALBERT LEA,MN56007     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    SOUTH DAKOTA STATE UNIVERSITY
    100 ADMINISTRATION LANE
    BROOKINGS,SD57006     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 12,500
    SOUTHERN BAPTIST THEOLOGICAL SEMINARY
    2825 LEXINGTON RD
    LOUISVILLE,KY40280     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    SOUTHWEST CHRISTIAN HIGH SCHOOL
    1981 BAVARIA ROAD
    CHASKA,MN55318     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 6,000
    RACERS FOR CHRIST
    1250 E BASELINE RD SUITE 101
    TEMPE,AZ85283     		NONE 501 (C)(3) DONATION 10,000
    ST CATHERINE'S UNIVERSITY
    2004 RANDOLPH AVE
    ST PAUL,MN55105     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 7,500
    ST MARY'S UNIVERSITY - MINNEAPOLIS
    2500 PARK AVENUE
    MINNEAPOLIS,MN55404     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    ST OLAF COLLEGE
    1520 SAINT OLAF AVE
    NORTHFIELD,MN55057     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    STRATEGIC RESOURCE GROUP
    PO BOX 1809
    EASTON,MD21601     		NONE 501 (C)(3) DONATION 5,000
    VISTA CHRISTIAN RETREAT INC
    N3398 CHAPEL HEIGHTS RD
    CAMPBELLSPORT,WI53010     		NONE 501 (C)(3) DONATION 5,000
    UNIVERSITY OF CENTRAL OKLAHOMA
    100 N UNIVERSITY DR
    EDMOND,OK73034     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    WALK RIGHT IN MINISTRY
    PO BOX 1932
    MINNEAPOLIS,MN55311     		NONE 501 (C)(3) DONATION 5,000
    UNIVERSITY OF JAMESTOWN - ND
    6000 COLLEGE LN
    JAMESTOWN,ND58405     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF MINNESOTA - DULUTH
    1049 UNIVERSITY DR
    DULUTH,MN55812     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF MINNESOTA - MORRIS
    600 EAST 4TH STREET
    MORRIS,MN56267     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF MISSOURI - KANSAS CITY
    5000 HOLMES ST
    KANSAS CITY,MO64110     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    UNIVERSITY OF ST THOMAS
    2115 SUMMIT AVENUE
    ST PAUL,MN55105     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    UNIVERSITY OF NORTH DAKOTA
    3100 UNIVERSITY AVE STOP 8157
    GRAND FORKS,ND58202     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF NORTHWESTERN - ST PAUL
    3003 N SNELLING AVE
    ST PAUL,MN55113     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 73,332
    UNIVERSITY OF WISCONSIN-EAU CLAIRE
    105 GARFIELD AVE
    EAU CLAIRE,WI54701     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF WISCONSIN-LA CROSSE
    172 S STATE ST
    LA CROSSE,WI54601     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF WISCONSIN-MADISON
    702 W JOHNSON ST SUITE 101
    MADISON,WI53715     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 15,000
    UNIVERSITY OF SOUTH DAKOTA
    414 E CLARK ST
    VERMILLION,SD57609     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    WALDORF UNIVERSITY
    106 S 6TH ST
    FOREST CITY,IA50436     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    WARTBURG COLLEGE
    222 9TH ST NW
    WAVERLY,IA50677     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    WINONA STATE UNIVERSITY
    PO BOX 5838
    WINONA,MN55987     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    Total .................................bullet 3a 1,049,235
    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 ...........     		        137,727
    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 ............     		        755,338
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRETURNED CHECK     		         
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 0 1,124,120
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,124,120
    (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.)
    3 Interest income is derived from investing excess cash in income producing savings accounts and government investments to continue the purpose of the Foundation.
    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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE EAGLE FOUNDATION
     
    Employer identification number

    20-8070601
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE EAGLE FOUNDATION
          		Employer identification number
    20-8070601
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    AUTO MARK INC
     
    510 N CHESTNUT ST SUITE 206
     
    CHASKA, MN55318

    		$ 6,809,961


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE EAGLE FOUNDATION
          		Employer identification number

    20-8070601
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE EAGLE FOUNDATION
          		Employer identification number

    20-8070601
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES - ACCOUNTANT 6,500 0   0

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    STIFEL NICOLAUS BROKERAGE ACCT AT COST 9,852,902 9,893,363
    LPL FINANCIAL AT COST 8,376,468 10,194,226
    PARKWAY US LAND CARRY FUND AT COST 90,450 90,450
    INVESTMENTS AT COST 25,000 25,000

    TY 2021 OtherExpensesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING 54,230 0   0
    OFFICE EXPENSE 303 0   0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 29,443 0   0


    TY 2021 SubstantialContributorsSch
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Name Address
    SEA FOAM SALES CO
          		510 CHESTNUT ST SUITE 206
    CHASKA,MN55318


    TY 2021 TaxesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FORM 990 PF 17,220 0   0
    MN MIN FEE 25 0   0