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
FRED C AND KATHERINE B ANDERSEN
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 80
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BAYPORT, MN55003
A Employer identification number

41-6020920
B Telephone number (see instructions)

(651) 264-7355
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$1,210,701,778
J 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 1,837,270 1,837,270  
4 Dividends and interest from securities... 16,655,439 16,814,117  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 44,953,223
b Gross sales price for all assets on line 6a 121,487,394
7 Capital gain net income (from Part IV, line 2)... 44,953,223
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........ 63,445,932 63,604,610  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 82,577 0   82,577
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 6,232 0   6,232
16a Legal fees (attach schedule)......... 47,907 0   47,907
b Accounting fees (attach schedule)....... 63,033 39,081   23,952
c Other professional fees (attach schedule).... 865,444 865,444   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 1,030,000 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 288 0   288
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 343,917 0   50,617
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,439,398 904,525   211,573
25 Contributions, gifts, grants paid....... 44,106,147 44,106,147
26 Total expenses and disbursements. Add lines 24 and 25 46,545,545 904,525   44,317,720
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 16,900,387
b Net investment income (if negative, enter -0-) 62,700,085
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............. 4,552,697 1,614,325 1,614,325
2 Savings and temporary cash investments......... 14,854,155 23,004,212 23,004,212
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)....... 791,669,259 Click to see attachment944,922,645 944,922,645
c Investments—corporate bonds (attach schedule)....... 57,298,118 Click to see attachment62,061,307 62,061,307
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 168,364,948 Click to see attachment179,099,289 179,099,289
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) 1,036,739,177 1,210,701,778 1,210,701,778
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........ 1,036,739,177 1,210,701,778
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 1,036,739,177 1,210,701,778
30 Total liabilities and net assets/fund balances (see instructions). 1,036,739,177 1,210,701,778
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
1,036,739,177
2
Enter amount from Part I, line 27a .....................
2
16,900,387
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
157,062,214
4
Add lines 1, 2, and 3 ..........................
4
1,210,701,778
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
1,210,701,778
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 ANDERSEN CORP CAPITAL GAIN ON SALE OF STOCK D    
b PUBLICLY TRADED SECURITIES      
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 22,400,478   12,713 22,387,765
b 96,121,994   76,521,458 19,600,536
c 2,964,922     2,964,922
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       22,387,765
b       19,600,536
c       2,964,922
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 44,953,223
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........................... 3 871,531
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- ..... 5 871,531
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 634,886
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 500,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,134,886
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 10 263,355
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet263,355 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMARY GILLSTROM Telephone no.bullet (651) 264-7355

    Located atbulletPO BOX 80BAYPORTMN ZIP+4bullet550031096
    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)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    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
     
    No
    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
    Yes
     
    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
     
    No
    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
    GREGORY L BENSON VP/TREASURER
    1.00
    0 0 0
    PO BOX 80
    BAYPORT,MN55003
    JEROLD W WULF PRESIDENT TERM END 2/2021
    1.00
    0 0 0
    PO BOX 80
    BAYPORT,MN55003
    MARY GILLSTROM VP/SECRETARY
    40.00
    82,577 0 0
    PO BOX 80
    BAYPORT,MN55003
    JOHN D PIEPEL DIRECTOR
    1.00
    0 0 0
    PO BOX 80
    BAYPORT,MN55003
    PETER CLEMENTS PRESIDENT
    1.00
    0 0 0
    PO BOX 80
    BAYPORT,MN55003
    DAVID M ERSPAMER DIRECTOR
    1.00
    0 0 0
    PO BOX 80
    BAYPORT,MN55003
    VERN J HILL DIRECTOR
    1.00
    0 0 0
    PO BOX 80
    BAYPORT,MN55003
    TRACY GALOWITZ DIRECTOR TERM BEG 11/2021
    1.00
    0 0 0
    PO BOX 80
    BAYPORT,MN55003
    KEITH OLSON VP/TREASURER TERM BEG 11/2021
    1.00
    0 0 0
    PO BOX 80
    BAYPORT,MN55003
    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
    THE CHARLES SCHWAB CORPORATION INVESTMENT MGT SVCS 311,828
    4350 BAKER RD STE 245
    MINNETONKA,MN553438666
    FIRST STATE BANK OF BAYPORT INVESTMENT MGT SVCS 301,919
    950 NORTH HIGHWAY 95
    BAYPORT,MN55003
    THE PRIVATE TRUST COMPANY NA INVESTMENT MGT SVCS 215,697
    1422 EUCLID AVENUE SUITE 1120
    CLEVELAND,OH441152065
    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 NONE 0
    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 NONE 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    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
    1,176,172,175
    b
    Average of monthly cash balances.......................
    1b
    9,610,839
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,185,783,014
    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
    1,185,783,014
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    17,786,745
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    1,167,996,269
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    58,399,813
    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
    58,399,813
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    871,531
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    871,531
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    57,528,282
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    57,528,282
    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
    57,528,282
    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 57,528,282
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 39,461,846
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 44,317,720
    a Applied to 2020, but not more than line 2a 39,461,846
    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..... 4,855,874
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
    52,672,408
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MARY GILLSTROM ANDERSEN FOUNDATION
    PO BOX 80
    BAYPORT,MN550031096
    (651) 264-7355
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS SHOULD SUBMIT THE MINNESOTA COMMON GRANT APPLICATION FOUND ON THE MINNESOTA COUNCIL ON FOUNDATIONS WEBSITE AT MCF.ORG.
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    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
    180 DEGREES
    236 CLIFTON AVENUE
    MINNEAPOLIS,MN55403
      PC GENERAL SUPPORT 90,000
    A BETTER CHANCE
    253 W 35TH STREET 6TH FLOOR
    NEW YORK,NY10001
      PC GENERAL SUPPORT 35,000
    A CHANCE TO GROW
    1800 SECOND STREET NE
    MINNEAPOLIS,MN55418
      PC GENERAL SUPPORT 35,000
    ABC FOR RURAL HEALTH
    1645 60TH ST
    TURTLE LAKE,WI54889
      PC GENERAL SUPPORT 25,000
    ADORAY HOME HEALTH & HOSPICE
    990 MAIN ST STE 1
    BALDWIN,WI54002
      PC GENERAL SUPPORT 140,000
    AEON
    901 N THIRD ST 150
    MINNEAPOLIS,MN55401
      PC GENERAL SUPPORT 15,000
    ALIA
    1000 UNIVRSITY AVE W 230
    ST PAUL,MN55104
      PC GENERAL SUPPORT 10,000
    ALICE LLOYD COLLEGE
    100 PURPOSE ROAD
    PIPPA PASSES,KY41844
      PC GENERAL SUPPORT 175,000
    ALZHEIMER'S ASSOCIATION
    7900 W 78TH ST 100
    MINNEAPOLIS,MN55439
      PC GENERAL SUPPORT 35,000
    AMERICAN CANCER SOCIETY
    950 BLUE GENTIAN ROAD 100
    EAGAN,MN55121
      PC GENERAL SUPPORT 61,147
    AMERICAN DIABETES ASSN
    715 FLORIDA AVE S 307
    GOLDEN VALLEY,MN55426
      PC GENERAL SUPPORT 40,000
    AMERICAN HEART ASSN
    208 S LA SALLE ST STE 1500
    CHICAGO,IL60604
      PC GENERAL SUPPORT 50,000
    AMERICAN LUNG ASSOCIATION
    490 CONCODIA AVE
    ST PAUL,MN55103
      PC GENERAL SUPPORT 15,000
    AMERICAN RED CROSS
    2200 W HARRISON ST
    CHICAGO,IL60612
      PC GENERAL SUPPORT 850,000
    AMERICA'S VET DOGS
    371 E JERICHO TURNPIKE
    SMITHTOWN,NY11787
      PC GENERAL SUPPORT 125,000
    AMERY AREA COMMUNITY CENTER
    608 HARRIMAN AVE S
    AMERY,WI54001
      PC GENERAL SUPPORT 35,000
    AMERY REGIONAL MEDICAL CENTER
    PO BOX 1309
    MINNEAPOLIS,MN55440
      PC GENERAL SUPPORT 2,000,000
    ANGEL FOUNDATION (MN ONCOLOGYHEM)
    708 SOUTH THIRD STREET 105E
    MINNEAPOLIS,MN55415
      PC GENERAL SUPPORT 20,000
    ANIMAL HUMANE SOCIETY
    845 MEADOW LANE NORTH
    MINNEAPOLIS,MN55422
      PC GENERAL SUPPORT 350,000
    ANU FAMILY SERVICES (FORMERLY PATH WI)
    901 FOURTH ST SUITE 180
    HUDSON,WI54016
      PC GENERAL SUPPORT 40,000
    ARTREACH(RIVER VALLEY ARTS COUNCIL)
    224 4TH STREET NORTH
    STILLWATER,MN55082
      PC GENERAL SUPPORT 12,000
    ASBURY UNIVERSITY
    1 MACKLEM DRIVE
    WILMORE,KY40390
      PC GENERAL SUPPORT 175,000
    BAYPORT PUBLIC LIBRARY
    582 NORTH 4TH ST
    BAYPORT,MN55003
      PC GENERAL SUPPORT 70,000
    BELHAVEN UNIVERSITY
    1500 PEACHTREE ST
    JACKSON,MS39202
      PC GENERAL SUPPORT 175,000
    BELLEVUE UNIVERSITY
    1000 GALVIN ROAD SOUTH
    BELLEVUE,NE68005
      PC GENERAL SUPPORT 175,000
    BEST PREP
    7100 NORTHLAND CIRCLE N STE 306
    MINNEAPOLIS,MN55428
      PC GENERAL SUPPORT 9,000
    BIG BROTHERSBIG SISTERS OF NW WISCONSIN
    82 COULEE RD SUITE 106
    HUDSON,WI54016
      PC GENERAL SUPPORT 80,000
    BIG BROTHERSBIG SISTERS OF THE TC
    2550 UNIVERSITY AVE SUITE 410N
    ST PAUL,MN55114
      PC GENERAL SUPPORT 175,000
    BIOLA UNIVERSITY
    13800 BIOLA AVE
    LAMIRANDA,CA90639
      PC GENERAL SUPPORT 175,000
    BLIND INC
    100 E 22ND ST
    MINNEAPOLIS,MN55404
      PC GENERAL SUPPORT 7,500
    BOYS & GIRLS CLUBS OF THE TWIN CITIES
    2575 UNIVERSITY AVE W 100
    ST PAUL,MN55114
      PC GENERAL SUPPORT 40,000
    BRIDGE TO BOOKS
    BOX 138
    LAKE ELMO,MN55042
      PC GENERAL SUPPORT 20,000
    BRIDGE THE (RUNAWAY YOUTH)
    2200 EMERSON AVE SOUTH
    MINNEAPOLIS,MN55405
      PC GENERAL SUPPORT 25,000
    BRIDGING INC
    201 W 87TH ST
    BLOOMINGTON,MN55420
      PC GENERAL SUPPORT 30,000
    BSA - NORTHERN STAR COUNCIL
    5300 GLENWOOD AVE 289 VIKING
    MINNEAPOLIS,MN55422
      PC GENERAL SUPPORT 400,000
    CAMP FIRE MN
    2610 UNIVERSITY AVE W
    ST PAUL,MN55114
      PC GENERAL SUPPORT 30,000
    CAN DO CANINES (HEARING & SVC DOGS)
    2537 25TH AVENUE SOUTH
    MINNEAPOLIS,MN55406
      PC GENERAL SUPPORT 35,000
    CANVAS HEALTH (HSI)
    7066 STILLWATER BLVD N
    OAKDALE,MN55128
      PC GENERAL SUPPORT 33,000
    CAPISTRANT PARKINSON'S CENTER (SCVCF)
    636 BROADWAY ST NE
    MINNEAPOLIS,MN55413
      PC GENERAL SUPPORT 40,000
    CARPENTURE NATURE CENTER
    12805 SAINT CROIX TRAIL S
    HASTINGS,MN55033
      PC GENERAL SUPPORT 60,000
    CARSON NEWMAN COLLEGE
    PO BOX 557
    JEFFERSON CITY,TN37760
      PC GENERAL SUPPORT 175,000
    CEDARVILLE UNIVERSITY
    251 N MAIN ST
    CEDARVILLE,OH45314
      PC GENERAL SUPPORT 175,000
    CHANGE INC
    381 E ROBIE ST
    ST PAUL,MN55107
      PC GENERAL SUPPORT 20,000
    CHARITIES REVIEW COUNCIL
    2610 UNIVERSITY AVE W SUITE 375
    ST PAUL,MN55114
      PC GENERAL SUPPORT 18,000
    CHILDREN'S DENTAL SERVICES
    636 BROADWAY ST NE
    MINNEAPOLIS,MN55413
      PC GENERAL SUPPORT 25,000
    CHILDREN'S HOME SOC OF MN
    1605 EUSTIS ST
    ST PAUL,MN55108
      PC GENERAL SUPPORT 75,000
    CHILDREN'S HOSPITALS & CLINICS (MN)
    2525 CHICAGO AVE
    MINNEAPOLIS,MN55404
      PC GENERAL SUPPORT 600,000
    CHILDREN'S THEATRE CO
    2400 THIRD AVENUE SOUTH
    MINNEAPOLIS,MN55404
      PC GENERAL SUPPORT 6,000
    CHRISTENDOM COLLEGE
    134 CHRISTENDOM DR
    FRONT ROYAL,VA22630
      PC GENERAL SUPPORT 175,000
    CHRISTIAN CUPBOARD EMERGENCY FOOD SHELF
    8264 4TH ST N
    OAKDALE,MN55128
      PC GENERAL SUPPORT 30,000
    CLIMB THEATRE
    6415 CARMEN AVENUE E
    INVER GROVE HEIGHTS,MN55076
      PC GENERAL SUPPORT 10,000
    COLLEGE BOUND ST PAUL
    15 KELLOGG BLVD W 390 CITY HALL
    ST PAUL,MN55102
      PC GENERAL SUPPORT 250,000
    COMMONBOND COMMUNITIES
    1080 MONTREAL AVE
    ST PAUL,MN55116
      PC GENERAL SUPPORT 30,000
    COMMUNITY DENTAL CARE
    1670 BEAM AVENUE 204
    MAPLEWOOD,MN55109
      PC GENERAL SUPPORT 15,000
    COMMUNITY REFERRAL AGENCY INC
    BOX 364
    MILLTOWN,WI54858
      PC GENERAL SUPPORT 30,000
    COMMUNITY THREAD
    2300 ORLEANS ST W
    STILLWATER,MN55082
      PC GENERAL SUPPORT 142,000
    COMO FRIENDS
    1225 ESTABROOK DRIVE
    SAINT PAUL,MN55103
      PC GENERAL SUPPORT 25,000
    CONCORDIA UNIVERSITY
    800 NORTH COLUMBIA AVE
    SEWARD,NE68434
      PC GENERAL SUPPORT 175,000
    CONSERVATION CORPS MINNESOTA
    60 PLATO BLVD E SUITE 210
    SAINT PAUL,MN55107
      PC GENERAL SUPPORT 30,000
    COURAGE KENNY FOUNDATION (COURAGE CTR)
    386 PARK AVENUE SOUTH 17TH FLOOR
    NEW YORK,NY10016
      PC GENERAL SUPPORT 250,000
    CROHN'S & COLITIS FDN OF AMERICA
    1600 UNIVERSITY AVE W 205
    ST PAUL,MN55104
      PC GENERAL SUPPORT 5,000
    CULVER STOCKTON COLLEGE
    ONE COLLEGE HILL
    CANTON,MO63435
      PC GENERAL SUPPORT 175,000
    DALLAS-BAPTIST UNIVERSITY
    3000 MOUNTAIN CREE PARKWAY
    DALLAS,TX75211
      PC GENERAL SUPPORT 175,000
    DODGE NATURE CENTER
    365 MARIE AVE W
    WEST ST PAUL,MN55118
      PC GENERAL SUPPORT 250,000
    EAST TEXAS BAPTIST UNIVERSITY
    1209 NORTH GROVE ST
    MARSHALL,TX75670
      PC GENERAL SUPPORT 175,000
    EMMA NORTON SERVICES
    670 NORTH ROBERT STREET
    ST PAUL,MN55101
      PC GENERAL SUPPORT 40,000
    EPILEPSY FOUNDATION OF MINNESOTA
    1600 UNIVERSITY AVE W 300
    ST PAUL,MN55104
      PC GENERAL SUPPORT 15,000
    EPISCOPAL HOMES
    490 EAST LYNNHURST AVE
    SAINT PAUL,MN55104
      PC GENERAL SUPPORT 250,000
    ESR (EMPLOY SVCS FOR ADULTSDISABILITIES)
    1754 WASHINGTON AVE
    STILLWATER,MN55082
      PC GENERAL SUPPORT 25,000
    FAMILY PATHWAYS
    6413 OAK STREET
    NORTH BRANCH,MN55056
      PC GENERAL SUPPORT 15,000
    FAMILY RESOURCE CENTER ST CROIX VALLEY
    857 MAIN ST
    BALDWIN,WI54002
      PC GENERAL SUPPORT 90,000
    FAMILYMEANS
    1875 NORTHWESTERN AVE
    STILLWATER,MN55082
      PC GENERAL SUPPORT 400,000
    FAMILYWISE SVCS(CHILD SAFETY CENTER)
    3606 UNIVERSITY AVE SE
    MINNEAPOLIS,MN55414
      PC GENERAL SUPPORT 25,000
    FRASER
    200 UNIVERSITY AVE E
    ST PAUL,MN55101
      PC GENERAL SUPPORT 30,000
    FRIENDS OF ELLSWORTH PUBLIC LIBRARY
    312 W MAIN ST
    ELLSWORTH,WI55011
      PC GENERAL SUPPORT 25,000
    GILLETTE CHILDREN'S HOSPITAL
    1836 SOUTH AVE
    LACROSSE,WI54601
      PC GENERAL SUPPORT 450,000
    GILLETTE CHILDREN'S SPECIALTY HEALTH CARE
    200 UNIVERSIY AVE E
    ST PAUL,MN55101
      PC GENERAL SUPPORT 50,000
    GIRL SCOUTS OF MN & WI RIVER VALLEYS
    400 ROBERT DRIVE
    ST PAUL,MN55107
      PC GENERAL SUPPORT 100,000
    GOODWILL INDUSTRIESEASTER SEAL SOC
    553 FAIRVIEW AVE NORTH
    ST PAUL,MN55104
      PC GENERAL SUPPORT 300,000
    GRACE PLACESERENITY HOUSESALVATION ARMY
    505 W 8TH ST
    NEW RICHMOND,WI54017
      PC GENERAL SUPPORT 85,000
    GREATER TWIN CITIES YOUTH SYMPHONIES
    528 HENNEPIN AVE 404
    MINNEAPOLIS,MN55403
      PC GENERAL SUPPORT 30,000
    GROVE CITY COLLEGE
    100 CAMPUS DR
    GROVE CITY,PA16127
      PC GENERAL SUPPORT 175,000
    GUNDERSEN MEDICAL FOUNDATION
    559 CAPITOL BLVD
    ST PAUL,MN55103
      PC GENERAL SUPPORT 1,500,000
    GUTHRIE THEATRE
    818 S 2ND ST
    MINNEAPOLIS,MN55415
      PC GENERAL SUPPORT 30,000
    HADLEY SCHOOL FOR THE BLIND
    700 ELM STREET
    WINNETKA,IL60093
      PC GENERAL SUPPORT 10,000
    HANNIBAL-LAGRANGE COLLEGE
    2800 PALMYRA RD
    HANNIBAL,MO63401
      PC GENERAL SUPPORT 175,000
    HASTINGS COLLEGE
    800 TURNER AVE
    HASTINGS,NE68901
      PC GENERAL SUPPORT 175,000
    HAZELDEN BETTY FORD
    PO BOX 11
    CENTER CITY,MN55012
      PC GENERAL SUPPORT 346,000
    HEARING HEALTH FDN (DEAFNESS RESEARCH)
    363 7TH AVENUE 10TH FLOOR
    NEW YORK,NY10001
      PC GENERAL SUPPORT 10,000
    HILLSDALE COLLEGE
    33 E COLLEGE ST
    HILLSDALE,MI49242
      PC GENERAL SUPPORT 175,000
    HMONG AMERICAN PARTNERSHIP
    1075 ARCADE ST
    ST PAUL,MN55106
      PC GENERAL SUPPORT 15,000
    HOLY FAMILY HOSPITAL (WESTFIELDS HOSPITAL)
    535 HOSPITAL ROAD
    NEW RICHMOND,WI54017
      PC GENERAL SUPPORT 85,000
    HOME FOR LIFE
    PO BOX 847
    STILLWATER,MN55082
      PC GENERAL SUPPORT 25,000
    HOPE DENTAL CLINIC
    800 MINNESOTA AVE 465
    ST PAUL,MN55106
      PC GENERAL SUPPORT 10,000
    HOPE HOUSE OF ST CROIX VALLEY
    451 EVERETT ST N
    STILLWATER,MN55082
      PC GENERAL SUPPORT 5,000
    HOPE INTL FAMILY SERVICES INC EVOLVE
    5850 OMAHA AVE N
    OAK PARK HEIGHTS,MN55082
      PC GENERAL SUPPORT 25,000
    HOWARD PAYNE UNIVERSITY
    1000 FISK AVE
    BROWNWOOD,TX76801
      PC GENERAL SUPPORT 175,000
    HUDSON AREA BACKPACK PROGRAM
    BOX 491
    HUDSON,WI54016
      PC GENERAL SUPPORT 15,000
    HUDSON HOCKEY ASSOCIATION
    1820 HANLEY ROAD
    HUDSON,WI54016
      PC GENERAL SUPPORT 300,000
    HUDSON HOSPITAL FOUNDATION
    927 CHURCHILL ST W
    STILLWATER,MN55082
      PC GENERAL SUPPORT 340,000
    HUNTINGTON UNIVERSITY
    2303 COLLEGE AVE
    HUNTINGTON,IN46750
      PC GENERAL SUPPORT 175,000
    ILLUSION THEATER
    528 HENNEPIN AVE 704
    MINNEAPOLIS,MN55403
      PC GENERAL SUPPORT 5,000
    INTERFAITH CAREGIVERS- POLK
    2000 US HWY 8 SUITE 1 ST
    CROIX FALLS,WI54024
      PC GENERAL SUPPORT 15,000
    INTERFAITH VOLUNTEER CAREGIVERS OF BURNETT COMPANY
    7423 ELM ST W
    WEBSTER,WI44893
      PC GENERAL SUPPORT 15,000
    INTERNATIONAL INSTITUTE OF MN
    1694 COMO AVE
    ST PAUL,MN55108
      PC GENERAL SUPPORT 250,000
    JEREMIAH PROGRAM
    1510 LAUREL AVE SUITE 100
    MINNEAPOLIS,MN55403
      PC GENERAL SUPPORT 60,000
    JUNIOR ACHIEVEMENT OF THE UPPER MIDWEST
    1800 WHITE BEAR AVENUE NORTH
    MAPLEWOOD,MN55109
      PC GENERAL SUPPORT 100,000
    KINNICKINNIC RIVER LAND TRUST
    BOX 87
    RIVER FALLS,WI54022
      PC GENERAL SUPPORT 25,000
    KINSHIP OF POLK COUNTY
    118 CENTER ST W
    AMERY,WI54001
      PC GENERAL SUPPORT 15,000
    LAKEVIEW FOUNDATION
    325 11TH AVE
    TWO HARBORS,MN55616
      PC GENERAL SUPPORT 1,595,500
    LEARNING ALLY (RECORDING FOR THE BLIND)
    20 ROSZEL ROAD
    PRNCETON,NJ08540
      PC GENERAL SUPPORT 25,000
    LEARNING DISABILITIES ASSN (LDA)
    4068 MOUNT ROYAL BOULEVARD SUITE
    224B
    ALLISON PARK,PA15101
      PC GENERAL SUPPORT 20,000
    LIFEWORKS
    2965 LONE OAK DRIVE 160
    EAGAN,MN55121
      PC GENERAL SUPPORT 25,000
    LIFT GARAGE
    2401 E LAKE ST
    MINNEAPOLIS,MN55406
      PC GENERAL SUPPORT 10,000
    LITTLE BROTHERS FRIENDS OF THE ELDERLY
    1845 E LAKE ST
    MINNEAPOLIS,MN55407
      PC GENERAL SUPPORT 35,000
    LOAVES & FISHES
    721 KASOTA AVE SE
    MINNEAPOLIS,MN55414
      PC GENERAL SUPPORT 15,000
    LUTHERAN SOCIAL SERVICES OF MN
    2485 COMO AVE
    ST PAUL,MN55108
      PC GENERAL SUPPORT 40,000
    LYNGBLOMSTEN FOUNDATION
    1415 ALMOND AVE
    ST PAUL,MN55108
      PC GENERAL SUPPORT 35,000
    MASTER'S COLLEGE
    21726 PLACERITA CANYON RD
    SANTA CLARITA,CA91321
      PC GENERAL SUPPORT 175,000
    MAYO FOUNDATION
    737 PELHAM BLVD
    ST PAUL,MN55114
      PC GENERAL SUPPORT 8,400,000
    MDI
    3501 BROADWAY ST NE 100
    MINNEAPOLIS,MN55413
      PC GENERAL SUPPORT 175,000
    MEMORIAL BLOOD CENTERS
    1400 PARK AVE S
    MINNEAPOLIS,MN55404
      PC GENERAL SUPPORT 40,000
    MENTAL HEALTH TASK FORCE OF POLK COUNTY
    PO BOX 432
    SAINT CROIX FALLS,WI54024
      PC GENERAL SUPPORT 50,000
    MERRILL ARTS CENTER
    380 RIVERTOWN DR 200
    WOODBURY,MN55125
      PC GENERAL SUPPORT 30,000
    METROPOLITAN ALLIANCE OF CONNECTED
    101 5TH ST E 2400
    ST PAUL,MN55101
      PC GENERAL SUPPORT 15,000
    MINNEAPOLIS FOUNDATION
    101 5TH ST E 2400
    ST PAUL,MN55101
      PC GENERAL SUPPORT 1,000,000
    MINNEAPOLIS INSTITUTE OF ARTS
    2400 THIRD AVE S
    MINNEAPOLIS,MN55404
      PC GENERAL SUPPORT 15,000
    MINNESOTA ADULT & TEEN CHALLENGE
    740 EAST 24TH STREET
    MINNEAPOLIS,MN55404
      PC GENERAL SUPPORT 30,000
    MINNESOTA AUTISM CENTER
    5868 BAKER ROAD
    MINNETONKA,MN55345
      PC GENERAL SUPPORT 60,000
    MINNESOTA DARE
    6452 REGENCY LANE SUITE 213
    EDEN PRAIRIE,MN55344
      PC GENERAL SUPPORT 1,000
    MINNESOTA OPERA
    620 NORTH FIRST ST
    MINNEAPOLIS,MN55401
      PC GENERAL SUPPORT 16,000
    MINNESOTA ORCHESTRAL ASSN
    111 NICOLLET MALL
    MINNEAPOLIS,MN55403
      PC GENERAL SUPPORT 38,000
    MINNESOTA PRIVATE COLLEGE FUND
    445 MINNESOTA STREET 500
    ST PAUL,MN55101
      PC GENERAL SUPPORT 30,000
    MINNESOTA YOUTH SYMPHONIES
    790 CLEVELAND AVE S STE 203
    ST PAUL,MN55116
      PC GENERAL SUPPORT 12,000
    MINNESOTA ZOO FOUNDATION
    13000 ZOO BLVD
    APPLE VALLEY,MN55124
      PC GENERAL SUPPORT 35,000
    MISSOURI BAPTIST UNIVERSITY
    ONE COLLEGE PARK DR
    ST LOUIS,MO63141
      PC GENERAL SUPPORT 175,000
    MN ASSISTANCE COUNCIL FOR VETERANS
    360 ROBERT STREET N SUITE 306
    ST PAUL,MN55101
      PC GENERAL SUPPORT 20,000
    MN CENTER FOR BOOK ARTS
    1011 WASHINGTON AVENUE SOUTH
    MINNEAPOLIS,MN55415
      PC GENERAL SUPPORT 30,000
    MN CHILDRENS MUSEUM
    10 W 7TH ST
    ST PAUL,MN55102
      PC GENERAL SUPPORT 40,000
    MN COMPUTERS FOR SCHOOLS
    970 PICKETT ST N
    BAYPORT,MN55003
      PC GENERAL SUPPORT 150,000
    MN HISTORICAL SOCIETY
    345 KELLOGG BLVD W
    ST PAUL,MN55102
      PC GENERAL SUPPORT 40,000
    MN LANDSCAPE ARBORETUM
    3675 ARBORETUM DRIVE
    CHASKA,MN55337
      PC GENERAL SUPPORT 7,500
    MN LITERACY COUNCIL
    756 TRANSFER RD
    ST PAUL,MN55114
      PC GENERAL SUPPORT 15,000
    MN MUSEUM OF AMERICAN ART
    350 ROBERT ST N 117
    ST PAUL,MN55101
      PC GENERAL SUPPORT 50,000
    MOM'S & DAD'S AGAINST METH INC
    BOX 172
    ST CROIX FALLS,WI54024
      PC GENERAL SUPPORT 5,000
    MORRIS ANIMAL FOUNDATION
    720 SOUTH COLORADO BLVD STE 174-A
    DENVER,CO80246
      PC GENERAL SUPPORT 50,000
    MOUNT OLIVET ROLLING ACRES
    7200 ROLLING ACRES RD BOX 220
    VICTORIA,MN55386
      PC GENERAL SUPPORT 45,000
    NAMI MN
    800 TRANSFER RD 7A
    ST PAUL,MN55114
      PC GENERAL SUPPORT 15,000
    NEADS
    PO BOX 213
    WEST BOYLSTON,MA01583
      PC GENERAL SUPPORT 26,000
    NEW RICHMOND HERITAGE CENTER
    1100 HERITAGE DR
    NEW RICHMOND,WI54017
      PC GENERAL SUPPORT 20,000
    NICHOLS COLLEGE
    DUDLEY HALL
    DUDLEY,MA01571
      PC GENERAL SUPPORT 175,000
    NORTH GREENVILLE UNIVERSITY
    BOX 1892
    TIGERVILLE,SC29688
      PC GENERAL SUPPORT 175,000
    NORTH WOODS HOMELESS SHELTERS
    116 MAPLE ST W
    AMERY,WI54001
      PC GENERAL SUPPORT 15,000
    NORTHEAST RESIDENCE INC
    410 E LITTLE CANADA ROAD
    LITTIE CANADA,MN55117
      PC GENERAL SUPPORT 30,000
    NORTHERN STAR SCOUTING
    6202 BLOOMINGTON ROAD
    FT SNELLING,MN55111
      PC GENERAL SUPPORT 600,000
    NORTHLAKES COMMUNITY CLINIC
    7665 US HIGHWAY 2
    IRON RIVER,WI54847
      PC GENERAL SUPPORT 140,000
    OPEN ARMS MINNESOTA
    2500 BLOOMINGTON AVE
    MINNEAPOLIS,MN55404
      PC GENERAL SUPPORT 50,000
    OPERATION HELP
    502 COUNTY RD UU
    HUDSON,WI54016
      PC GENERAL SUPPORT 30,000
    ORDWAY MUSIC THEATRE
    345 WASHINGTON STREET
    ST PAUL,MN55102
      PC GENERAL SUPPORT 285,000
    OUR LADY OF PEACE
    2076 ST ANTHONY AVENUE
    ST PAUL,MN55104
      PC GENERAL SUPPORT 80,000
    PACER CENTER INC
    8161 NORMANDALE BLVD
    MINNEAPOLIS,MN55437
      PC GENERAL SUPPORT 90,000
    PALM BEACH ATLANTIC UNIVERSITY
    901 SOUTH FLAGLER DR BOX 24708
    WEST PALM BEACH,FL33416
      PC GENERAL SUPPORT 175,000
    PARK SQUARE THEATRE CO
    HISTORIC HAMM BLDG 110 408 ST PETER
    ST
    ST PAUL,MN55102
      PC GENERAL SUPPORT 30,000
    PAW PADS
    9877 234TH ST E
    LAKEVILLE,MN55044
      PC GENERAL SUPPORT 40,000
    PEOPLE INC
    317 YORK AVE
    ST PAUL,MN55130
      PC GENERAL SUPPORT 20,000
    PHILADELPHIA COMMUNITY FARM
    BOX 668
    OSCEOLA,WI54020
      PC GENERAL SUPPORT 35,000
    PHIPPS CENTER FOR THE ARTS
    109 LOCUST ST
    HUDSON,WI54016
      PC GENERAL SUPPORT 25,000
    PIEDMONT COLLEGE
    BOX 10
    DEMOREST,GA30535
      PC GENERAL SUPPORT 175,000
    POLK COUNTY HISTORICAL SOCIETY
    120 MAIN ST
    BALSAM LAKE,WI54810
      PC GENERAL SUPPORT 10,000
    PREVENT BLINDNESS AMERICA
    225 WEST WACKER DRIVE SUITE 400
    CHICAGO,IL60606
      PC GENERAL SUPPORT 15,000
    PROJECT FOR PRIDE IN LIVING
    1035 EAST FRANKLIN AVENUE
    MINNEAPOLIS,MN55404
      PC GENERAL SUPPORT 15,000
    PROJECT LIFE (OPTIONS FOR WOMEN)
    713 COUNTY ROAD 5
    STILLWATER,MN55082
      PC GENERAL SUPPORT 50,000
    REBUILDING TOGETHER TWIN CITIES
    1050 33RD AVE SE STE 200
    MINNEAPOLIS,MN55414
      PC GENERAL SUPPORT 100,000
    REGIONS HOSPITAL FOUNDATION
    640 JACKSON ST MAIL STOP 11202C
    ST PAUL,MN55101
      PC GENERAL SUPPORT 4,000,000
    REIN IN SARCOMA
    7401 CENTRAL AVENUE NE A
    FRIDLEY,MN55432
      PC GENERAL SUPPORT 50,000
    RENEW SOMERSET LIBRARY CAMPAIGN
    208 HUD ST
    SOMERSET,WI54025
      PC GENERAL SUPPORT 200,000
    RIVERWOOD NATURE CENTER
    300 WEST 1ST ST
    STAR PRAIRIE,WI54026
      PC GENERAL SUPPORT 75,000
    RONALD MCDONALD HOUSE
    ONE KROC DRIVE
    OAK BROOK,IL60523
      PC GENERAL SUPPORT 100,000
    SALVATION ARMY
    2445 PRIOR AVENUE
    ROSEVILLE,MN55113
      PC GENERAL SUPPORT 1,200,000
    SCANDIA HERITAGE ALLIANCE
    BOX 159
    SCANDIA,MN55073
      PC GENERAL SUPPORT 100,000
    SCIENCE MUSEUM OF MN
    120 WEST KELLOGGG BLVD
    ST PAUL,MN55102
      PC GENERAL SUPPORT 60,000
    SECOND HARVEST HEARTLAND
    1140 GERVAIS AVE
    ST PAUL,MN55109
      PC GENERAL SUPPORT 75,000
    SHARING AND CARING HANDS
    525 NORTH 7TH ST
    MINNEAPOLIS,MN55405
      PC GENERAL SUPPORT 450,000
    SHRINERS HOSPITAL (1995)
    2025 E RIVER PARKWAY
    MINNEAPOLIS,MN55414
      PC GENERAL SUPPORT 125,000
    SIGHT & HEARING ASSOCIATION
    246 UNIVERSITY AVE W SUITE 226
    ST PAUL,MN55104
      PC GENERAL SUPPORT 7,500
    SILVER SOBRIETY
    11550 STILLWATER BLVD N 103
    LAKE ELMO,MN55042
      PC GENERAL SUPPORT 15,000
    SOLID GROUND (EMWC)
    3521 CENTURY AVE N
    WHITE BEAR LAKE,MN55110
      PC GENERAL SUPPORT 40,000
    SOMERSET COMMUNITY FOOD PANTRY
    203 CHURCH HILL ROAD
    SOMERSET,WI54025
      PC GENERAL SUPPORT 90,000
    SOUTHWEST BAPTIST UNIVERSITY
    1600 UNIVERSITY AVE
    BOLIVAR,MO65613
      PC GENERAL SUPPORT 175,000
    SPECIAL OLYMPICS MINNESOTA
    100 WASHINGTON AVENUE SOUTH 550
    MINNEAPOLIS,MN55401
      PC GENERAL SUPPORT 20,000
    SPRING VALLEY SENIORS STAYING PUT
    PO BOX 193
    SPRING VALLEY,WI54767
      PC GENERAL SUPPORT 5,000
    ST CROIX FAMILY RESOURCE CENTER
    857 MAIN ST PO BOX 2087
    BALDWIN,WI54002
      PC GENERAL SUPPORT 125,000
    ST CROIX VALLEY CHAPLAINCY
    BOX 322
    STILLWATER,MN55082
      PC GENERAL SUPPORT 22,000
    ST CROIX VALLEY FOOD BANK INC
    1231 INDUSTRIAL ST
    HUDSON,WI54016
      PC GENERAL SUPPORT 175,000
    ST CROIX VALLEY HABITAT FOR HUMANITY
    749 RYAN DRIVE
    HUDSON,WI54016
      PC GENERAL SUPPORT 155,000
    ST CROIX VALLEY OPERA
    BOX 2300
    STILLWATER,WI55082
      PC GENERAL SUPPORT 20,000
    ST CROIX VALLEY RESTORATIVE JUSTICE PROGRAMS
    401 STATE ROAD 65
    RIVER FALLS,WI54022
      PC GENERAL SUPPORT 40,000
    ST CROIX VALLEY SEXUAL ASSAULT RESPONSE
    1343 N MAIN ST
    RIVER FALLS,WI54022
      PC GENERAL SUPPORT 35,000
    ST MARY'S HEALTH CLINIC
    1890 RANDOLPH AVE
    SAINT PAUL,MN55105
      PC GENERAL SUPPORT 15,000
    ST PAUL CHAMBER ORCHESTRA
    THE HAMM BLDG 408 ST PETER ST
    ST PAUL,MN55102
      PC GENERAL SUPPORT 95,000
    ST PAUL UNION GOSPEL MISSION
    77TH NINTH ST E
    ST PAUL,MN55101
      PC GENERAL SUPPORT 375,000
    ST PAUL YMCA
    194 6TH STREET E
    ST PAUL,MN55101
      PC GENERAL SUPPORT 25,000
    STILLWATER AREA SCHOOLS DIST 834(PARTNERSHIP)
    224 N THIRD ST
    STILLWATER,MN55082
      PC GENERAL SUPPORT 50,000
    STORY ARK
    640 MAIN ST N 34
    STILLWATER,MN55082
      PC GENERAL SUPPORT 15,000
    THE ARTS PARTNERSHIP
    345 WASHINGTON ST
    ST PAUL,MN55102
      PC GENERAL SUPPORT 275,000
    THE CHICAGO LIGHTHOUSE
    1850 W ROOSEVELT ROAD
    CHICAGO,IL60608
      PC GENERAL SUPPORT 20,000
    THE LINK
    1210 GLANWOOD AVENUE
    MINNEAPOLIS,MN55405
      PC GENERAL SUPPORT 15,000
    THE PRINCIPIA
    1 MAYBECK PLACE
    ELSAH,IL62028
      PC GENERAL SUPPORT 175,000
    THOMAS AQUINAS COLLEGE
    10000 N OJAI RD
    SANTA PAULA,CA93060
      PC GENERAL SUPPORT 175,000
    THOMAS AQUINAS COLLEGENEW ENGLAND CAMPUS
    10000 N OJAI RD
    SANTA PAULA,CA93060
      PC GENERAL SUPPORT 175,000
    TICKETS FOR KIDS
    2038 FORD PARKWAY 428
    SANTA PAUL,MN55101
      PC GENERAL SUPPORT 5,000
    TRUE FRIENDS (FRIENDSHIP VENTURE)
    10509 108TH ST NW
    ANNANDALE,MN55302
      PC GENERAL SUPPORT 35,000
    TUBMAN
    PO BOX 854
    LAKE ELMO,MN55042
      PC GENERAL SUPPORT 30,000
    TURNINGPOINT
    PO BOX 304
    RIVER FALLS,WI54022
      PC GENERAL SUPPORT 25,000
    TWIN CITIES HABITAT FOR HUMANITY
    1954 UNIVERSITY AVE W
    ST PAUL,MN55104
      PC GENERAL SUPPORT 1,000,000
    TWIN CITIES PUBLIC TELEVISION
    172 4TH ST E
    SAINT PAUL,MN55101
      PC GENERAL SUPPORT 105,000
    TWO RIVERS COMMUNITY LAND TRUST
    3880 LAVERNE AVENUE N STE 175
    LAKE ELMO,MN55042
      PC GENERAL SUPPORT 40,000
    UNION GOSPEL MISSION
    77 9TH STREET EAST
    SAINT PAUL,MN55101
      PC GENERAL SUPPORT 250,000
    UNION PRESBYTERIAN SEMINARY
    1050 UNION UNIVERSITY DR
    JACKSON,TN38305
      PC GENERAL SUPPORT 175,000
    UNION UNIVERSITY
    3401 BROOK RD
    RICHMOND,VA23227
      PC GENERAL SUPPORT 175,000
    UNITED ARTS FUNDCOMPAS
    75 5TH STREET W SUITE 304
    ST PAUL,MN55102
      PC GENERAL SUPPORT 14,000
    UNITED FAMILY MEDICINE
    1026 WEST 7TH STREET
    SAINT PAUL,MN55102
      PC GENERAL SUPPORT 25,000
    UNITED HOSPITAL FOUNDATION
    PO BOX 43
    MINNEAPOLIS,MN55440
      PC GENERAL SUPPORT 250,000
    UNITED PIONEER HOME
    623 S SECOND ST
    LUCK,WI54853
      PC GENERAL SUPPORT 141,000
    UNITED THEO SEMINARY OF TC
    3000 FIFTH ST NW
    NEW BRIGHTON,MN55112
      PC GENERAL SUPPORT 175,000
    UNITED WAY OF ST CROIX VALLEY
    201 2ND STREET S SUITE 300
    HUDSON,WI54016
      PC GENERAL SUPPORT 60,000
    UNITED WAY OF WASHINGTON COUNTYESTILLWATER
    5645 MEMORIAL AVENUE N
    STILLWATER,MN55082
      PC GENERAL SUPPORT 75,000
    UNIVERSITY OF MARY HARDIN BAYLOR
    UMH B STATION BOX 8003
    BELTON,TX76513
      PC GENERAL SUPPORT 175,000
    UNIVERSITY OF NORTHWESTERN
    3000 SNELLING AVE N
    ST PAUL,MN55113
      PC GENERAL SUPPORT 175,000
    UNIVERSITY OF THE CUMBERLANDS
    6178 COLLEGE ST
    WILLIAMSBURG,KY40769
      PC GENERAL SUPPORT 175,000
    UNIVERSITY OF THE SOUTHWEST
    6610 N LOVINGTON HWY
    HOBBS,NM88240
      PC GENERAL SUPPORT 175,000
    UNIVERSITY OF WI-RIVER FALLS
    410 S THIRD ST
    RIVER FALLS,WI54022
      PC GENERAL SUPPORT 25,000
    URBAN BOATBUILDERS
    2288 UNIVERSITY AVENUE W
    ST PAUL,MN55114
      PC GENERAL SUPPORT 15,000
    VALLEY CHAMBER CHORALE
    411 THIRD ST N
    STILLWATER,MN55082
      PC GENERAL SUPPORT 10,000
    VALLEY FRIENDSHIP CLUB
    5620 MEMORIAL AVE NORTH
    STILLWATER,MN55082
      PC GENERAL SUPPORT 30,000
    VALLEY OUTREACH
    1911 CURVE CREST BLVD W
    STILLWATER,MN55082
      PC GENERAL SUPPORT 84,000
    VISION LOSS RESOURCES
    1936 LYNDALE AVENUE S
    MINNEAPOLIS,MN55403
      PC GENERAL SUPPORT 10,000
    VITAL AGING NETWORK
    4156 KINDRED WAY BOX 51
    LAKE ELMO,MN55042
      PC GENERAL SUPPORT 5,000
    WAKOTA LIFE CARE CENTER
    1140 ROBERT ST S
    WEST ST PAUL,MN55118
      PC GENERAL SUPPORT 50,000
    WASH CO HISTORICAL SOCIETY
    602 MAIN STREET NORTH
    STILLWATER,MN55082
      PC GENERAL SUPPORT 25,000
    WASHINGTON COUNTY 4-H
    14949 62ND STREET N
    STILLWATER,MN55082
      PC GENERAL SUPPORT 15,000
    WAYLAND BAPTIST UNIVERSITY
    1900 WEST 7TH ST
    PLAINVIEW,TX79072
      PC GENERAL SUPPORT 175,000
    WAYSIDE RECOVERY CENTER
    3705 PARK CENTER BLVD
    ST LOUIS PARK,MN55416
      PC GENERAL SUPPORT 12,000
    WILD RIVER
    230 S WASHINGTON ST
    ST CROIX FALLS,WI54024
      PC GENERAL SUPPORT 20,000
    WILDER FOUNDATION AMHERST H
    451 LEXINGTON PARKWAY N
    ST PAUL,MN55104
      PC GENERAL SUPPORT 1,000,000
    WILDERNESS INQUIRY
    808 14TH AVE SE
    MINNEAPOLIS,MN55414
      PC GENERAL SUPPORT 30,000
    WINGATE UNIVERSITY
    CAMPUS BOX 3055
    WINGATE,NC28174
      PC GENERAL SUPPORT 175,000
    YMCA OF GREATER ST PAUL
    2125 E HENNEPIN AVENUE
    MINNEAPOLIS,MN55413
      PC GENERAL SUPPORT 90,000
    YOUNG LIFEST CROIX VALLEY
    1151 PARKWOOD LANE
    STILLWATER,MN55082
      PC GENERAL SUPPORT 90,000
    YOUTH ACTION (COMMUNITY ACTION)
    901 FOURTH ST 207
    HUDSON,WI54016
      PC GENERAL SUPPORT 15,000
    YOUTH ADVANTAGE
    PO BOX 11
    STILLWATER,MN55082
      PC GENERAL SUPPORT 35,000
    YOUTH SERVICE BUREAU INC
    101 W PINE STREET
    STILLWATER,MN55082
      PC GENERAL SUPPORT 25,000
    ZEPHYR THEATER
    7456 MELROSE AVE
    LOS ANGELES,CA90046
      PC GENERAL SUPPORT 20,000
    Total .................................bullet 3a 44,106,147
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........
        14 1,837,270  
    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 44,953,223  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 63,445,932 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    63,445,932
    (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:
    FRED C AND KATHERINE B ANDERSEN
     
    FOUNDATION
    EIN:
    41-6020920
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT, TAX AND ACCOUNTING FEES 63,033 39,081   23,952

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    FRED C AND KATHERINE B ANDERSEN
     
    FOUNDATION
    EIN:
    41-6020920
    Category Amount
    NONE 0

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    FRED C AND KATHERINE B ANDERSEN
     
    FOUNDATION
    EIN:
    41-6020920
    Name of Bond End of Year Book Value End of Year Fair Market Value
    APPLE INC NOTE CPN 1,593,559 1,593,559
    BERKSHIRE HATHAWAY SR NOTE CPN 2,243,745 2,243,745
    BRISTOL MYERS SQUIBB CO SR NOTE CPN 543,984 543,984
    CATERPILLAR INC SR NOTE CPN 1,567,337 1,567,337
    CHEVRON CORP NT 1,603,235 1,603,235
    COLGATE-PALMOLIVE CO 1,013,179 1,013,179
    COMCAST CORP NEW 537,760 537,760
    GLAXOSMITHKLINE CAP INC 367,690 367,690
    HERSHEY CO NT 1,019,054 1,019,054
    HERSHEY CO NT 256,757 256,757
    INTEL CORP SR NOTE 2,041,060 2,041,060
    JP MORGAN CHASE & CO 2,338,930 2,338,930
    LEHMAN BROS HLDGS 900 900
    MERCK & CO NT 1,568,253 1,568,253
    MERCK & CO INC DEBENTURE CPN 311,998 311,998
    PNC BANK SR NT 2,248,352 2,248,352
    PEPSICO INC NT 525,192 525,192
    PROCTER & GAMBLE CO NTE 524,008 524,008
    TARGET CORP NTE 493,991 493,991
    UNITED PARCEL SVC INC SR NTE 1,275,301 1,275,301
    UNITED PARCEL SVC INC SR NTE 1,829,004 1,829,004
    UNITEDHEALTH GROUP NT 1,625,220 1,625,220
    UNITEDHEALTH GRP INC UNSECD NTE 561,492 561,492
    VISA INC 1,586,982 1,586,982
    WAL MART STORES INC 2,291,204 2,291,204
    WALT DISNEY CO 508,279 508,279
    APPLE INC 102,284 102,284
    APPLE INC 530,985 530,985
    APPLE INC 1,068,844 1,068,844
    BANK OF MONTREAL 2,030,312 2,030,312
    BANK OF MONTREAL 484,945 484,945
    BERKSHIRE HATHAW 961,069 961,069
    BRITSOL-MYERS SQUIB 2,522,158 2,522,158
    CATERPILLAR FIN 1,533,320 1,533,320
    CHEVRON CORP 1,533,438 1,533,438
    COMCAST CORP 1,062,807 1,062,807
    DEERE & CO 803,410 803,410
    JOHN DEERE CAPIT 1,464,364 1,464,364
    JOHN DEERE CAPIT 830,826 830,826
    JOHN DEERE CAPITA 491,163 491,163
    THE WALT DISNEY 1,016,437 1,016,437
    THE HERSHEY CO 1,026,751 1,026,751
    INTEL CORP 1,041,045 1,041,045
    JPMORGAN CHASE 850,041 850,041
    MCKESSON CORP 522,242 522,242
    MERCK & CO 1,306,444 1,306,444
    METLIFE, INC 423,140 423,140
    MICROSOFT CORP 50,023 50,023
    NTNL AUSTRALIA BAN 255,801 255,801
    ORACLE CORP 1,045,793 1,045,793
    PNC BANK, NTNL 686,418 686,418
    PNC BANK, NTNL 267,455 267,455
    PEPSICO 525,173 525,173
    PEPSICO 2,098,152 2,098,152
    PRECISION CSTPA 477,414 477,414
    THE PROCTER & GA 1,058,038 1,058,038
    TEXAS INSTRUMENT 101,687 101,687
    UNITEDHEALTH GROUP INC 1,083,036 1,083,036
    VISA INC. 508,957 508,957
    VISA INC. 1,057,169 1,057,169
    WALMART INC 763,700 763,700

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    FRED C AND KATHERINE B ANDERSEN
     
    FOUNDATION
    EIN:
    41-6020920
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ISHARES GOLD TRUST 2,156,166 2,156,166
    AGILENT TECHNOLOGIES 65,137 65,137
    AIR PROD & CHEMICALS 78,195 78,195
    ANSYS INC 242,678 242,678
    ARES MANAGEMENT CORP 66,885 66,885
    AUTODESK INC 356,549 356,549
    BLACK KNIGHT INC 306,776 306,776
    BRIGHT HORIZON FAM 61,178 61,178
    BROOKFIELD ASSET MGM F 695,819 695,819
    BROOKFIELD INFRASTRUCT F 290,924 290,924
    BROOKFIELD RENEWABLE CF 72,445 72,445
    BROWN & BROWN INC 228,340 228,340
    BROWN FORMAN CORP 40,583 40,583
    CBRE GROUP INC 240,350 240,350
    CARMAX INC. 444,996 444,996
    COGNEX CORP 41,757 41,757
    COLFAX CORP 38,753 38,753
    COPART INC 485,184 485,184
    COSTAR GROUP INC 484,612 484,612
    CREDIT ACCEPT CORP 158,854 158,854
    DOLLAR GENERAL CORP 168,147 168,147
    DOMINOS PIZZA INC 261,285 261,285
    ETSY INC 150,631 150,631
    FASTENAL CO 228,310 228,310
    FIDELITY NATL FINL 32,769 32,769
    FIRST REPBULIC BANK 111,928 111,928
    GARTNER INC 162,479 162,479
    GUIDEWIRE SOFTWARE 247,382 247,382
    HEICO CORP 257,297 257,297
    HILTON WORLDWIDE HLD 430,376 430,376
    HOWARD HUGHES CORP 110,024 110,024
    HYATT HOTELS 95,229 95,229
    IDEXX LABS INC 177,784 177,784
    KKR & CO INC 556,738 556,738
    KENNEDY WILSON HLDGS 57,264 57,264
    LENNAR CORP 274,718 274,718
    LIBERTY BROADBAND CO 78,197 78,197
    LIBERTY BROADBAND CO 309,634 309,634
    LIBERTY MEDIA CORP 156,076 156,076
    LIBERTY MEDIA CORP 11,393 11,393
    LIVE NATION ENTRTMNT 328,070 328,070
    MSCI INC 147,658 147,658
    MARKEL CORP 307,266 307,266
    MARTIN MARIETTA MATR 185,018 185,018
    METTLER TOLEDO INTL 336,048 336,048
    MICROCHIP TECHNOLOGY 248,992 248,992
    MOODYS CORP 130,063 130,063
    O REILLY AUTOMOTIVE 422,326 422,326
    PROGRESSIVE CO OHIO 115,481 115,481
    QUALTRICS INTERNTNL INC 14,974 14,974
    ROPER TECHNOLOGIES 329,546 329,546
    ROSS STORES INC 75,768 75,768
    S B A COMMUNICATIONS 424,810 424,810
    BLOCK INC (FORMERLY SQUARE INC) 56,852 56,852
    SUMMIT MATERIALS INC 95,854 95,854
    TRANSDIGM GROUP INC 528,112 528,112
    TRANSUNION 200,163 200,163
    TYLER TECHNOLOGIES 440,581 440,581
    VAIL RESORTS INC 221,005 221,005
    VERISIGN INC 260,166 260,166
    VERISK ANALYTICS INC 172,234 172,234
    VULCAN MATERIALS COM 367,624 367,624
    AON PLC 89,567 89,567
    ARCH CAP GROUP LTD 126,149 126,149
    IHS MARKIT LTD 29,242 29,242
    PERIMETER SOLUTIONS SA 47,226 47,226
    WIX COM LTD 221,695 221,695
    A B M INDUSTRIES INC 60,254 60,254
    ACCOLADE INC 20,271 20,271
    ADAPTIVE BIOTECHNOLOGIES 24,047 24,047
    ADC THERAPEUTICS SA 11,534 11,534
    ADDUS HOMECARE CORP 50,215 50,215
    ALLEGRO MICROSYSTEMS INC 99,929 99,929
    AMERIS BANCORP 110,637 110,637
    ARRAY TECHNOLOGIES INC 29,968 29,968
    AVEANNA HEALTHCARE HLDGS 23,192 23,192
    AVIDXCHANGE HOLDINGS INC 13,946 13,946
    BIGCOMMERCE HLDGS INC 12,097 12,097
    BLOOMIN BRANDS INC 25,617 25,617
    BRINKER INTL INC 6,293 6,293
    BRISTOW GROUP INC DELAWA 25,748 25,748
    CAESARS ENTMT INC NEW 88,947 88,947
    CELLECTIS S A F 10,694 10,694
    CENTRAL GARDEN & PET 41,390 41,390
    CHAMPIONX CORP 80,335 80,335
    CHEMOCENTRYX INC 19,698 19,698
    CLEAR SECURE INC 16,187 16,187
    CLEVELAND-CLIFFS INC 66,072 66,072
    CNO FINL GROUP 66,442 66,442
    COLLEGIUM PHARMACEUTICAL 34,091 34,091
    CONCENTRIX 83,416 83,416
    COUSINS PROPERTIES 85,031 85,031
    CROCS INC 25,772 25,772
    DARLING INGREDIENTS 67,281 67,281
    DESIGN THERAPEUTICS INC 21,603 21,603
    DIGITALOCEAN HLDGS INC 74,466 74,466
    DIVERSEY HOLDINGS LTD F 80,486 80,486
    DOUBLEVERIFY HLDGS INC 16,707 16,707
    DOXIMITY INC 27,973 27,973
    DYCOM INDUSTRIES INC 106,136 106,136
    ENCORE CAPITAL GROUP 27,577 27,577
    ENERSYS 73,210 73,210
    ENFUSION INC 23,432 23,432
    ENTEGRIS INC 93,680 93,680
    EVENTBRITE INC 60,621 60,621
    FIRST FOUNDATION INC 40,870 40,870
    FIRST INDUSTRIAL FLT 111,746 111,746
    FIRST MERCHANTS CORP 53,577 53,577
    FLYWIRE CORP 27,023 27,023
    FOCUS FINL PARTNERS 0051 133,414 133,414
    FRESHWORKS INC 16,150 16,150
    GRAPHIC PACKAGING HL 52,475 52,475
    HANOVER INSURANCE 53,604 53,604
    HEIDRICK&STRUGGLES 46,179 46,179
    HONEST CO INC 23,283 23,283
    HORIZON THERAPEUTICS P F 131,683 131,683
    I C F INTERNTNL 54,352 54,352
    IMMUNOCORE HLDGS PLC F 10,888 10,888
    INSMED INC 37,019 37,019
    IOVANCE BIOTHERAPEUTICS 18,174 18,174
    JAMF HOLDING CORP 43,826 43,826
    JANUS HENDERSON GP F 70,124 70,124
    KNOWBE4 INC 67,375 67,375
    LIFE TIME GROUP HLDGS IN 107,838 107,838
    LIFESTANCE HEALTH GROUP 36,690 36,690
    LINDBLAD EXPEDITIONS HOL 24,320 24,320
    LULUS FASHION LOUNGE HOL 27,693 27,693
    MASONITE INTL CORP 80,324 80,324
    MEDIFAST INC 36,231 36,231
    MODINE MANUFACTURING 20,099 20,099
    MYR GROUP INC 78,269 78,269
    NATERA INC 137,563 137,563
    NEVRO CORP 67,288 67,288
    OLINK HOLDING AB F 7,680 7,680
    PAYMENTUS HOLDINGS INC 29,208 29,208
    PDC ENERGY INC 92,682 92,682
    PERFORMANCE FOOD GROUP C 47,083 47,083
    PETCO HEALTH & WELLNESS 54,680 54,680
    PIEDMONT LITHIUM LTD 20,354 20,354
    PIPER SANDLER COMPANIES 77,473 77,473
    PMV PHARMACEUTICALS INC 22,292 22,292
    PORTILLOS INC 37,765 37,765
    PORTLAND GENERL ELEC 83,349 83,349
    PRIVIA HEALTH GROUP INC 35,235 35,235
    PROVIDENT FINL 45,025 45,025
    PURPLE INNOVATION L L C 33,573 33,573
    REGAL BELOIT CORP 49,012 49,012
    REVOLVE GROUP INC 58,898 58,898
    RUSH ENTERPRISES 80,511 80,511
    SALLY BEAUTY HOLDING 65,164 65,164
    SEAGEN INC 36,331 36,331
    SENTINELONE INC 28,779 28,779
    SIGNIFY HEALTH INC 16,751 16,751
    SITIME CORP 133,691 133,691
    SOPHIA GENETICS SA F 10,194 10,194
    SOUTHWEST GAS HOLDINGS I 66,618 66,618
    SPROUT SOCIAL INC 73,096 73,096
    STAAR SURGICAL CO 15,704 15,704
    STERLING BANCORP 143,728 143,728
    STERLING CHECK CORP 32,508 32,508
    SUN COUNTRY AIRLS HOLDIN 28,395 28,395
    SYNEOS HEALTH INC 121,676 121,676
    TAYLOR MORRISON HOME 69,396 69,396
    TD SYNNEX CORP 53,177 53,177
    THREDUP INC 18,106 18,106
    TITAN MACHINERY INC 51,411 51,411
    UNITED COMMUNITY BKS 128,126 128,126
    VITAL FARMS INC 26,873 26,873
    VROOM INC 17,393 17,393
    WESCO INTERNTNL 71,322 71,322
    WORLD FUEL SERVICES 19,932 19,932
    ZURN WTR SOLUTIONS CORP 47,102 47,102
    AIA GROUP LTD 191,098 191,098
    ADYEN NV 240,907 240,907
    AIR LIQUIDE 69,356 69,356
    ALFA LAVAL 92,194 92,194
    ALLIANZ SE 207,272 207,272
    AMBEY S A 65,514 65,514
    ATLAS COPCO AB 276,062 276,062
    BANCO BILBOA VIZCAYA A F 90,181 90,181
    BHP GROUP LTD 161,617 161,617
    CSPC PHARMA GROUP 87,062 87,062
    CANADIAN NATL RAILWY 66,590 66,590
    CHUGAI PHARMACEUTICALS 82,683 82,683
    DBS GROUP HOLDINGS LIM 206,695 206,695
    DASSAULT SYSTEM SA 220,100 220,100
    DIAGEO PLC 86,515 86,515
    ENN ENERGY HOLDINGS 113,000 113,000
    EPIROC AKTIEBOLAG 121,407 121,407
    FANUC LTD JAPAN 56,057 56,057
    FOMENTO ECONOMICO MEXI 96,982 96,982
    FUCHS PETROLUB AG 13,700 13,700
    HDFC BANK LTD 69,104 69,104
    HAIER SMART HOME CO LT 88,580 88,580
    ICICI BANK LTD 124,657 124,657
    INFINEON TECH AG 234,140 234,140
    KOMATSU LTD 77,518 77,518
    KUBOTA LTD 106,693 106,693
    LOREAL SA 267,653 267,653
    LONZA GROUP AG 168,169 168,169
    NESTLE SA 170,550 170,550
    NITORI HLDGS CO LTD 75,682 75,682
    NOVOZYMES AS 77,883 77,883
    OIL CO LUKOIL PJSC 116,344 116,344
    TELEKOMINIK INDONESIA 88,275 88,275
    PING AN INSURNCE GP 56,442 56,442
    RIO TINTO PLC 117,747 117,747
    ROCHE HLDG AG 209,500 209,500
    ROYAL DUTCH SHELL 92,075 92,075
    SAP SE 186,767 186,767
    SCHNEIDER ELECTRIC SA 211,695 211,695
    SGS SA 66,592 66,592
    SHIONOGI & CO LTD 105,619 105,619
    SONOVA HOLDING A G 85,979 85,979
    SYMRISE AG 115,251 115,251
    SYSMEX CORP 137,573 137,573
    TAIWAN SEMICONDUCTR 248,801 248,801
    TENCENT HOLDINGS 200,261 200,261
    UNICHARM CORP 131,833 131,833
    UNILEVER PLC 91,066 91,066
    LINDE PLC 78,293 78,293
    XP INC. 66,274 66,274
    ALCON INC 107,942 107,942
    CHECK PT SOFTWARE 155,491 155,491
    YANDEX N V 46,585 46,585
    ABB LTD 117,907 117,907
    ACCENTURE PLC 143,434 143,434
    AIA GROUP LTD 79,641 79,641
    ADIDAS AG 76,896 76,896
    AIR LIQUIDE 104,959 104,959
    AKZO NOBEL N V IAM COM 94,863 94,863
    ANGLO AMERICAN PLC 68,140 68,140
    AON PLC 134,951 134,951
    BP PLC 107,798 107,798
    BANCO SANTANDER SA IAM 64,076 64,076
    BANDAI NAMCO HLDGS INC 60,762 60,762
    BARCLAYS PLC 88,130 88,130
    BUREAU VERITAS SA 66,295 66,295
    CARLSBERG AS 100,480 100,480
    CLARIVATE PLC 62,304 62,304
    COMPAGNIE FINANCIERE R F 63,119 63,119
    COMPASS GROUP 84,713 84,713
    CONTINENTAL AG HANNOVE 70,154 70,154
    DBS GROUP OLDINGS IM 69,710 69,710
    DAIKIN INDUSTRIES 70,314 70,314
    DAIWA HOUSE IND LTD 55,248 55,248
    ENEL-SOCIETA PER AZION 88,149 88,149
    ENGIE SA 130,389 130,389
    EQUINOR A S A 47,552 47,552
    FERGUSON PLC NEW 106,199 106,199
    FUJITSU LIMITED 79,361 79,361
    HITACHI LTD 65,781 65,781
    INDUSTRIA DE DISENO TE 74,842 74,842
    INFINEON TECH AG 39,928 39,928
    LEGRAND SA 87,623 87,623
    MAKITA CORP 102,043 102,043
    MEDTRONIC PLC 105,726 105,726
    MERCK KGAA 98,730 98,730
    NOVARTIS AG 75,662 75,662
    PEARSON PLC 40,387 40,387
    PERNOD RICARD S A 81,834 81,834
    PRUDENTIAL PLC 44,793 44,793
    RELX PLC 177,138 177,138
    ROYAL DSM N V 111,408 111,408
    RYANAIR HLDGS PLC 73,678 73,678
    RYOHIN KEIKAKU CO 47,429 47,429
    SAFRAN 106,820 106,820
    SAMPO OYJ 85,573 85,573
    SANDVIK AB 95,785 95,785
    SANOFI S A 152,504 152,504
    SHIMANO INC 114,661 114,661
    SMITH & NEPHEW GROUP P F 39,155 39,155
    SUMITOMO MITSUI FINLOO 71,960 71,960
    SUNCOR ENERGY INC 76,467 76,467
    SUZUKI MOTOR CO LTD 50,083 50,083
    TELENOR ASA 58,737 58,737
    TESCO PLC 108,077 108,077
    UNILEVER PLC 98,113 98,113
    UNIVERSAL MUSIC GROUP 23,547 23,547
    VESTAS WIND SYS AS UTD 77,709 77,709
    VOLKSWAGEN A G 75,722 75,722
    WOLTERS KLUWER N V 83,052 83,052
    ANDERSEN STOCK 874,479,964 874,479,964
    ABBOTT LABORATORIES 686,811 686,811
    ADVANCE AUTO PARTS INC 656,312 656,312
    AIR PRODUCTS AND CHEMICALS, INC 665,112 665,112
    ALPHABET INC CLASS C 633,696 633,696
    AMDOCS LTD 681,867 681,867
    AMETEK INC 671,973 671,973
    AON PLC CL A 644,100 644,100
    ARTHUR J GALLAGHER & COMPANY 643,219 643,219
    AUTOMATIC DATA PROCESSING INC 650,360 650,360
    BAXTER INTERNATIONAL INC. 687,578 687,578
    BECTON, DICKINSON & CO. 648,818 648,818
    BROADRIDGE FINANCIAL SOLUTIONS INC 676,617 676,617
    BROWN & BROWN INC 681,997 681,997
    CACI INTERNATIONAL INC. CLASS A 649,065 649,065
    CARLISLE COMPANIES, INC 658,262 658,262
    CENTENE CORP 733,278 733,278
    CMC MATERIALS INC 837,685 837,685
    COLUMBIA SPORTSWEAR COMPANY 611,923 611,923
    DARDEN RESTAURANTS INC 650,313 650,313
    DOLLAR GENERAL CORP NEW 686,973 686,973
    ESCO TECHNOLOGIES 663,316 663,316
    FTI CONSULTING INC 674,588 674,588
    FISERV INV 642,668 642,668
    FORTUNE BRANDS HOME & SECURITY INC 645,462 645,462
    FORWARD AIR CORP 705,470 705,470
    GENPACT LIMITED 674,381 674,381
    GIBRALTAR INDUSTRIES INC 585,317 585,317
    HONEYWELL INTERNATIONAL INC 647,841 647,841
    ICON PUBLIC LIMITED COMPANY 720,053 720,053
    INTERCONTINENTAL EXCHANGE INC 662,787 662,787
    IQVIA HOLDINGS INC 676,290 676,290
    JB HUNT TRANSPORTATION SERVICES 666,753 666,753
    KLA CORP 664,950 664,950
    LEIDOS HOLDINGS INC 636,702 636,702
    MARSH & MCLENNAN COS. INC 650,956 650,956
    MAXIMUS INC 648,195 648,195
    MEDTRONIC PLC 588,941 588,941
    META PLATFORMS INC CL A 669,337 669,337
    NORTHROP GRUMMAN CORP 687,436 687,436
    PARKER-HANNIFIN CORP 644,511 644,511
    PERKINELMER INC 700,493 700,493
    PRIMERICA INC 658,908 658,908
    SIMPSON MANUFACTURING CO INC 686,032 686,032
    SS&C TECHNOLOGIES HOLDINGS INC 674,613 674,613
    STRYKER CORP 657,318 657,318
    TARGET CORP 611,927 611,927
    TEXAS INSTRUMENTS INC 611,208 611,208
    TEXAS ROADHOUSE INC CLASS A 652,815 652,815
    TORO COMPANY 621,740 621,740
    TRACTOR SUPPLY CO 658,297 658,297
    TRANSUNION 666,420 666,420
    TTEC HOLDINGS, INC 668,531 668,531
    ULTA BEAUTY INC 644,075 644,075
    UNION PACIFIC CORP 655,018 655,018
    UNITEDHEALTH GROUP INC 700,987 700,987
    WATSCO INC CL A 640,152 640,152

    TY 2021 InvestmentsOtherSchedule2
    Name:
    FRED C AND KATHERINE B ANDERSEN
     
    FOUNDATION
    EIN:
    41-6020920
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AGREE REALTY CORP FMV 89,842 89,842
    MIRION TECHNOLOGI 27 WTF FMV 6,067 6,067
    PEBBLEBROOK HOTEL TR FMV 79,123 79,123
    CAUSEWAY EMRG MKTS FD IN FMV 5,266,377 5,266,377
    JPMORGAN HEDGED EQUITY I FMV 10,865,432 10,865,432
    NUVEEN REAL ESTATE SECUR FMV 1,453,593 1,453,593
    RECURRENT MLP & FMV 1,976,743 1,976,743
    VANGUARD TOTAL STOCK MKT FMV 4,035,471 4,035,471
    DRIEHAUS EMERGING MKTS GROWTH FMV 3,445,089 3,445,089
    T ROWE PRICE INTERNATIONAL DISCOVERY FUND CLASS I FMV 5,979,476 5,979,476
    VANGUARD DEVELOPED MARKETS INDEX FUND ADMIRAL SHARES (0127) FMV 15,712,137 15,712,137
    VANGUARD MID-CAP INDEX FUND ADMIRAL SHARES (5859) FMV 16,776,186 16,776,186
    VANGUARD TOTAL STOCK MARKET INDEX FUND INSTITUTIONAL SHARES (855) FMV 46,903,648 46,903,648
    VICTORY RS SMALL CAP GROWTH FUND CLASS Y FMV 563,043 563,043
    DODGE & COX INCOME FUND FMV 7,116,198 7,116,198
    FEDERATED INSTL HIGH YIELD BOND FD (900) FMV 5,767,480 5,767,480
    JPMORGAN GLOBAL BOND OPP FUND CLASS I FMV 1,776,261 1,776,261
    VANGUARD INTERMEDIATE- TERM INVESTMENT-GRADE FUND ADMIRAL SHARES (571) FMV 8,421,262 8,421,262
    VANGUARD INTERMEDIATE-TERM TREASURY FUND ADMIRAL SHARES (535) FMV 8,418,120 8,418,120
    VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND ADMIRAL SHARES (511) FMV 9,221,890 9,221,890
    VANGUARD SHORT-TERM FEDERAL FUND ADMIRAL SHARES (549) FMV 8,553,518 8,553,518
    ISHARES U S ENERGY ETF FMV 756,052 756,052
    ISHARES ESG AWARE MSCI EM ETF FMV 1,924,894 1,924,894
    ISHARES GLOBAL FINANCIALS ETF FMV 837,908 837,908
    ISHARES GLOBAL TECH ETF FMV 1,019,165 1,019,165
    ISHARES MSCI EAFE VALUE FMV 6,080,309 6,080,309
    ISHARES MSCI EAFE GROWTH ETF FMV 5,864,781 5,864,781
    LORD ABBETT ULTRA SHORT BOND CL FMV 189,224 189,224

    TY 2021 LegalFeesSchedule
    Name:
    FRED C AND KATHERINE B ANDERSEN
     
    FOUNDATION
    EIN:
    41-6020920
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 47,907 0   47,907


    TY 2021 OtherExpensesSchedule
    Name:
    FRED C AND KATHERINE B ANDERSEN
     
    FOUNDATION
    EIN:
    41-6020920
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE EXPENSE 25,013 0   25,013
    BANK FEES 14,344 0   14,344
    OFFICE EXPENSES 10,760 0   10,760
    INTEGRATED TAX SERVICES 475 0   475
    MN FILING FEES 25 0   25
    OTHER EXPENSES 293,300 0   0


    TY 2021 OtherIncreasesSchedule
    Name:
    FRED C AND KATHERINE B ANDERSEN
     
    FOUNDATION
    EIN:
    41-6020920
    Description Amount
    CHANGE IN UNREALIZED GAIN ON INVESTMENTS 157,062,214


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    FRED C AND KATHERINE B ANDERSEN
     
    FOUNDATION
    EIN:
    41-6020920
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FIRST STATE BANK TRUST FEES 301,919 301,919   0
    CHARLES SCHWAB FEES 311,828 311,828   0
    PTC TRUST FEES 215,697 215,697   0
    MARKS GROUP CONSULTING FEES 36,000 36,000   0


    TY 2021 TaxesSchedule
    Name:
    FRED C AND KATHERINE B ANDERSEN
     
    FOUNDATION
    EIN:
    41-6020920
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES-INVESTMENT INCOME 1,030,000 0   0