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
KRISBIN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)366 FERNDALE ROAD S
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WAYZATA, MN55391
A Employer identification number

41-6419749
B Telephone number (see instructions)

(612) 812-6354
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$8,027,896J 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) 94,281
2 Check bullet.............
3 Interest on savings and temporary cash investments 91,313 91,313  
4 Dividends and interest from securities... 150,062 150,062  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 754,745
b Gross sales price for all assets on line 6a 2,948,658
7 Capital gain net income (from Part IV, line 2)... 754,745
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,090,401 996,120  
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).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 549 549   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 6,516 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,065 549   0
25 Contributions, gifts, grants paid....... 363,000 363,000
26 Total expenses and disbursements. Add lines 24 and 25 370,065 549   363,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 720,336
b Net investment income (if negative, enter -0-) 995,571
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 309,489 155,785 155,785
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)....... 1,941,101 Click to see attachment2,045,796 3,483,632
c Investments—corporate bonds (attach schedule)....... 1,290,651 Click to see attachment1,862,791 2,264,613
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,831,870 Click to see attachment2,029,075 2,123,866
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) 5,373,111 6,093,447 8,027,896
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........ 4,588,269 4,588,269
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 784,842 1,505,178
29 Total net assets or fund balances (see instructions)..... 5,373,111 6,093,447
30 Total liabilities and net assets/fund balances (see instructions). 5,373,111 6,093,447
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
5,373,111
2
Enter amount from Part I, line 27a .....................
2
720,336
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,093,447
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
6,093,447
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 MORGAN STANLEY 039754, DETAIL AVAILABLE   2021-01-01 2021-12-31
b MORGAN STANLEY 039754, DETAIL AVAILABLE   2021-01-01 2021-12-31
c MORGAN STANLEY 039754, DETAIL AVAILABLE   2020-01-01 2021-12-31
d MORGAN STANLEY 039754, DETAIL AVAILABLE   2020-01-01 2021-12-31
e FIDELITY 9129, DETAIL AVAILABLE   2021-01-01 2021-12-31
FIDELITY 9129, DETAIL AVAILABLE   2020-01-01 2021-12-31
MORGAN STANLEY 039754, DETAIL AVAILABLE   2020-01-01 2021-12-31
ALTERNATIVE INVESTMENT K-1'S - SHORT TERM P 2021-01-01 2021-12-31
ALTERNATIVE INVESTMENT K-1'S - LONG TERM P 2020-01-01 2021-12-31
(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 895,637   899,997 -4,360
b 100,000   100,000 0
c 581,521   524,707 56,814
d 816,712   437,630 379,082
e 208,702   192,471 16,231
53,375   39,108 14,267
39,148     39,148
451     451
253,112     253,112
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       -4,360
b       0
c       56,814
d       379,082
e       16,231
      14,267
      39,148
      451
      253,112
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 2 754,745
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 13,838
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 13,838
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 11,667
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 11,667
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,171
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. ...............................
    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 ofbulletROBBIN S JOHNSON Telephone no.bullet (612) 812-6354

    Located atbullet366 FERNDALE ROAD SWAYZATAMN ZIP+4bullet55391
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ROBBIN S JOHNSON TRUSTEE
    0.00     		0 0 0
    366 FERNDALE ROAD S
    WAYZATA,MN55391
    B KRISTINE JOHNSON TRUSTEE
    0.00     		0 0 0
    366 FERNDALE ROAD S
    WAYZATA,MN55391
    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
    7,451,672
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,451,672
    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
    7,451,672
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    111,775
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    7,339,897
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    366,995
    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
    366,995
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    13,838
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,838
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    353,157
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    353,157
    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
    353,157
    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 7 353,157
    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...... 37,743
    b From 2017...... 513
    c From 2018...... 18,833
    d From 2019...... 12,912
    e From 2020...... 20,489
    f Total of lines 3a through e ........ 90,490
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 363,000
    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..... 353,157
    e Remaining amount distributed out of corpus 9,843
    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 5 100,333
    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) ...     		37,743
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		62,590
    10 Analysis of line 9:
    a Excess from 2017.... 513
    b Excess from 2018.... 18,833
    c Excess from 2019.... 12,912
    d Excess from 2020.... 20,489
    e Excess from 2021.... 9,843
    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).)
    ROBBIN S JOHNSON
    B KRISTINE JOHNSON
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ADOPT A FAMILY OF PALM BEACH
    1712 2ND AVE
    NORTH LAKE WORTH,FL33460     		    DONATION 5,000
    BLAKE SCHOOL
    511 KENWOOD PKWY
    MINNEAPOLIS,MN55403     		    DONATION 5,000
    BLAKE SCHOOL
    511 KENWOOD PKWY
    MINNEAPOLIS,MN55403     		    DONATION 3,000
    BLAKE SCHOOL
    511 KENWOOD PKWY
    MINNEAPOLIS,MN55403     		    DONATION 3,000
    BLOOM EARLY
    17805 COUNTY RD 6
    PLYMOUTH,MN55447     		    DONATION 10,000
    BOSTON MEDICAL CENTER
    ONE BOSTON MEDICAL CENTER PLAZA
    BOSTON,MA02118     		    DONATION 5,000
    BREAKTHROUGH GREATER BOSTON
    459 BROADWAY
    CAMBRIDGE,MA02138     		    DONATION 5,000
    BUILD
    900 JEFFERSON AVE
    REDWOOD CITY,CA94063     		    DONATION 12,000
    CAMP ODAYIN
    3503 HIGH POINT DR N
    OAKDALE,MN55128     		    DONATION 2,000
    CARING FOR KIDS
    1605 COUNTY RD 101 N
    PLYMOUTH,MN55447     		    DONATION 10,000
    CENTER ON THE DEVELOPING CHILD
    50 CHURCH STREET 4TH FLOOR
    CAMBRIDGE,MA02138     		    DONATION 3,000
    CLOSE GAPS BY 5
    2800 UNIVERSITY AVE SE
    MINNEAPOLIS,MN55414     		    DONATION 50,000
    COMMONBOND COMMUNITIES
    1080 MONTREAL AVE
    ST PAUL,MN55116     		    DONATION 5,000
    CONSTELLATION FUND
    323 N WASHINGTON AVE
    MINNEAPOLIS,MN55401     		    DONATION 10,000
    DODOMA
    8085 WAYZATA BLVD STE 103
    MINNEAPOLIS,MN55426     		    DONATION 2,000
    FRIENDS OF THE CHILDREN
    44 NE MORRIS ST 3015
    PORTLAND,OR97212     		    DONATION 10,000
    GREATER TWIN CITIES UNITED WAY
    404 S 8TH ST
    MINNEAPOLIS,MN55404     		    DONATION 25,000
    HARVARD UNIVERSITY
    1350 MASSACHUSETTS AVE
    CAMBRIDGE,MA02138     		    DONATION 3,000
    HEALTH LEADS
    24 SCHOOL ST
    BOSTON,MA02108     		    DONATION 2,000
    MICROGRANTS
    3817 PLEASANT AVE S
    MINNEAPOLIS,MN55409     		    DONATION 2,000
    NORTHSIDE ACHIEVEMENT ZONE
    2123 W BROADWAY AVE 100
    MINNEAPOLIS,MN55411     		    DONATION 5,000
    PARTNERSHIP ACADEMY
    6500 NICOLLET AVE
    MINNEAPOLIS,MN55423     		    DONATION 5,000
    PLANNED PARENTHOOD FEDERATION
    671 VANDALIA ST
    ST PAUL,MN55114     		    DONATION 5,000
    REACH OUT AND READ
    701 N WASHINGTON AVE
    MINNEAPOLIS,MN55401     		    DONATION 20,000
    RISE EARLY LEARNING CENTER
    3457 FREMONT AVE N
    MINNEAPOLIS,MN55412     		    DONATION 10,000
    ST DAVID'S CENTER
    3395 PLYMOUTH ROAD
    MINNETONKA,MN55305     		    DONATION 5,000
    ST OLAF COLLEGE
    1520 ST OLAF AVE
    NORTHFIELD,MN55057     		    DONATION 15,000
    THINK SMALL
    10 YORKTON COURT
    ST PAUL,MN55117     		    DONATION 25,000
    TRUSTEES OF UNIVERSITY OF PENNSYLVANIA
    1 COLLEGE HALL ROOM 211
    PHILADELPHIA,PA19104     		    DONATION 3,000
    UNITED WAY BAY AREA
    550 KEARNY ST SUITE 1000
    SAN FRANCISCO,CA94108     		    DONATION 25,000
    UNITED WAY MASS BAY
    51 SLEEPER ST
    BOSTON,MA02210     		    DONATION 25,000
    UNIVERSITY OF FLORIDA
    1938 W UNIVERSITY AVE
    GAINESVILLE,FL32603     		    DONATION 3,000
    UNIVERSITY OF MINNESOTA
    100 CHURCH ST SE
    MINNEAPOLIS,MN55455     		    DONATION 15,000
    WALLIN ED PARTNERS
    5200 WILLSON RD 209
    MINNEAPOLIS,MN55424     		    DONATION 15,000
    YALE UNIVERSITY
    157 CHURCH STREET
    NEW HAVEN,CT06510     		    DONATION 5,000
    YALE UNIVERSITY
    157 CHURCH STREET
    NEW HAVEN,CT06510     		    DONATION 10,000
    Total .................................bullet 3a 363,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 91,313  
    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 ............     		    41 754,745  
    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) .. 0 996,120 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    996,120
    (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.)
    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
    KRISBIN FOUNDATION
     
    Employer identification number

    41-6419749
    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
    KRISBIN FOUNDATION
          		Employer identification number
    41-6419749
    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
    ROBBIN B KRISTINE JOHNSON
    366 FERNDALE ROAD S
     
    WAYZATA, MN55391

    		$ 32,745


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    ROBBIN B KRISTINE JOHNSON
    366 FERNDALE ROAD S
     
    WAYZATA, MN55391

    		$ 32,380


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    BERIT MIKE HOFFMANN
    2450 LARKIN STREET
     
    SAN FRANCISCO, CA94109

    		$ 38


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    ROBBIN B KRISTINE JOHNSON
    366 FERNDALE ROAD S
     
    WAYZATA, MN55391

    		$ 29,118


    (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
    KRISBIN FOUNDATION
          		Employer identification number

    41-6419749
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 830 SHARES OF ISHARES S&P 100 $ 169,905 2021-09-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 1,000 SHARES PIPER SANDLER COMPANIES STOCK $ 137,305  
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 18 SHARES OF ALPHABET INC. $ 52,971  
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 900 SHARES PIPER SANDLER COMPANIES STOCK $ 109,656 2021-03-12
    (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
    KRISBIN FOUNDATION
          		Employer identification number

    41-6419749
    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 InvestmentsCorpBondsSchedule
    Name:
    KRISBIN FOUNDATION
    EIN:
    41-6419749
    Name of Bond End of Year Book Value End of Year Fair Market Value
    8,000 BLACKROCK INTL GROWTH 40,918 50,240
    8,500 FIRST TR MLP&ENRG INC 95,371 61,625
    150 ISHARES RUSSELL 1000 GRW ETF 22,034 45,839
    240.398 ISHARES SP SMALLCAP 600 INDEX, DONATED 445 TOTAL 13,252 27,528
    18.621 ISHARES SP SMALLCAP 600 INDEX, DONATED 445 TOTAL 1,065 2,132
    16.794 ISHARES SP SMALLCAP 600 INDEX, DONATED 445 TOTAL 983 1,923
    14.093 ISHARES SP SMALLCAP 600 INDEX, DONATED 445 TOTAL 838 1,614
    17.611 ISHARES SP SMALLCAP 600 INDEX, DONATED 445 TOTAL 992 2,017
    15.144 ISHARES SP SMALLCAP 600 INDEX, DONATED 445 TOTAL 848 1,734
    13.629 ISHARES SP SMALLCAP 600 INDEX, DONATED 445 TOTAL 841 1,561
    18.214 ISHARES SP SMALLCAP 600 INDEX, DONATED 445 TOTAL 1,260 2,086
    90.496 ISHARES SP SMALLCAP 600 INDEX, DONATED 445 TOTAL 6,825 10,363
    1000 ISHARES S&P 100, DONATED 39,447 219,130
    830 ISHARES S&P 100, DONATED 32,745 181,878
    4,750 SCHWAB US DVD EQUITY ETF 280,887 383,943
    100,000 ENERGY TRANSFER PARTNERS LP 71,917 80,000
    100,000 JP MORGAN CHASE 5% FXD TO 7/31/19 104,224 100,371
    50,000 GENERAL ELECTRIC CO FXD TO VAR 3.5327% 48,447 49,750
    15,466 MSIF ULTRA-SHORT INCOME A 154,208 154,353
    13,493 ABERDEEN EMERG MKTS INST A 273,522 231,273
    2,514 CLEARBRIDGE INTL GROWTH A 153,632 159,919
    24,382 E V ADV FLOATING RATE A 256,995 257,232
    8,525 THORNBURG INTL GROWTH A 261,540 238,102

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    KRISBIN FOUNDATION
    EIN:
    41-6419749
    Name of Stock End of Year Book Value End of Year Fair Market Value
    500 CUTERA INC 3,724 20,660
    500 JP MORGAN CHASE 27,124 79,175
    1,417 MPLX, COST BASIS DIFFERENCE SEE K-1 3,125 41,929
    2,800 PFIZER 72,437 165,340
    825 PHILIP MORRIS 75,098 78,375
    2,000 CONAGRA FOODS 46,856 68,300
    3,246 MEDTRONIC PLC SHS 245,620 335,799
    1,000 MEDTRONIC PLC SHS 74,839 103,450
    10,000 MS DUAL DIRECTIONAL TRIGGER JUMP SPX 100,000 144,150
    15,000 MS TRIGGER PLUS ON SX5E 150,000 153,495
    10,000 CS UNCAPPED TRIGGER JUMP ON SX5E 100,000 149,400
    20,000 JMP TRIGGER PLUS ON SX5E 200,000 331,600
    600 3M COMPANY 94,579 106,578
    87 ACCENTURE PLC 3,074 36,066
    18 ALPHABET INC 38 52,085
    5 AMAZON COM INC 2,814 16,672
    20,000 BCS TRIGGER PLUS SPX 200,000 381,200
    97 DANAHER CORPORATION 2,283 31,914
    102 ECOLAB INC 4,997 23,928
    101 ILL TOOL WORKS INC 4,127 24,927
    96 MICROSOFT CORP 2,353 32,287
    268 PIPER SANDLER COMPANIES 20,507 47,841
    1,000 PIPER SANDLER COMPANIES 32,380 178,510
    900 PIPER SANDLER COMPANIES 29,118 160,659
    30 SHERWIN WILLIAMS COMPANY 1,747 31,694
    21 STRYKER CORP 836 5,616
    85 STRYKER CORP 3,909 22,731
    49 THERMO FISHER SCIENTIFIC 2,491 32,695
    347 VIATRIS INC 3,973 4,695
    102 VISA INC 5,659 22,104
    36 ATLASSIAN CORP 8,187 13,727
    363 AXALTA COATING SYSTEMS 11,907 12,023
    708 NIELSEN HLDGS PLC 13,918 14,522
    146 SEAGATE TECHNOLOGY PLC 8,945 16,495
    14 ADOBE SYSTEMS 6,749 7,938
    281 AIR LEASE CORP 10,412 12,429
    8 ALPHABET INC 14,459 23,149
    5 AMAZON.COM INC 15,398 16,672
    90 ANALOG DEVICES INC 14,768 15,819
    255 ANHEUSER-BUSCH 14,133 15,441
    89 AUTOMATIC DATA PROCESSING INC 14,122 21,945
    10 AUTOZONE INC 14,053 20,964
    217 BATH & BODY WORKS INC 11,452 15,144
    237 CANADIAN PACIFIC RAILWAY COMPANY 14,945 17,050
    52 CARVANA CO 14,559 12,053
    26 CHARTER COMMUNICATIONS 15,638 16,951
    351 CONSOL ENERGY INC 7,797 7,971
    37 COUPA SOFTWARE INC 9,065 5,848
    54 CROWDSTRIKE HLDGS INC 13,924 11,057
    47 DOCUSIGN INC 8,700 7,159
    173 DYNATRACE INC 7,505 10,440
    84 EXPEDIA GROUP 12,337 15,180
    54 META PLATFORMS INC 14,517 18,163
    61 GLOBAL PAYMENTS INC 11,599 8,246
    193 JD.COM INC 15,576 13,524
    240 KKR & CO INC 9,148 17,881
    296 LKQ CORP 10,828 17,769
    18 MASTERCARD INC 6,132 6,468
    62 MICROSOFT CORP 14,305 20,852
    47 MOODYS CORP 13,209 18,357
    7 PAYPAL HLDGS INC 14,570 10,560
    196 PELETON INTERACTIVE INC 18,459 7,009
    131 PHILIP MORRIS INTERNATIONAL INC 11,860 12,445
    88 PROCTER AND GAMBLE CO 11,141 14,395
    39 S&P GLOBAL INC 14,828 18,405
    9 SHOPIFY INC 13,979 12,397
    274 SNAP INC 14,014 12,886
    39 BLOCK INC 10,462 6,299
    99 STARBUCKS CORP 8,754 11,580
    105 T-MOBILE US INC 14,791 12,178
    213 TEMPUR SEALY INTERNATIONAL INC 9,361 10,017
    19 TRANSDIGM GROUP INC 9,286 12,089
    36 UNITED HEALTH GROUP INC 12,430 18,074
    47 VISA INC 9,866 10,186

    TY 2021 InvestmentsOtherSchedule2
    Name:
    KRISBIN FOUNDATION
    EIN:
    41-6419749
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AIP ALT LENDING PLACEMENT AT COST 354,972 380,032
    HPC STARBOARD VALUE AT COST 695,188 695,188
    BX TAC OPPS II OFF FDR LP AT COST 203,831 195,575
    CARLYLE ENERG CR OPP II OFF AT COST 114,239 105,945
    COHESIVE CAP PTRNS OF AT COST 35,666 109,234
    MS DIRECT LENDING FUND AT COST 187,550 185,862
    BRIDGE WORKFORCE AND AFFORDABLE HOUSING FUND II-R AT COST 118,985 124,935
    GTIS US RESIDENTIAL AT COST 167,060 177,644
    MS COLONY DISTRESSED CREDIT & SPECIAL SITUATIONS III (CDCF III) AT COST 97,079 85,701
    SOFIA ANGEL FUND AT COST 54,505 63,750

    TY 2021 OtherExpensesSchedule
    Name:
    KRISBIN FOUNDATION
    EIN:
    41-6419749
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT PORTFOLIO FEES 6,491 0   0
    MN FILING FEE 25 0   0


    TY 2021 TaxesSchedule
    Name:
    KRISBIN FOUNDATION
    EIN:
    41-6419749
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN 549 549   0