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
I A O'SHAUGHNESSY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2001 KILLEBREW DRIVE 120
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BLOOMINGTON, MN55425
A Employer identification number

41-6011524
B Telephone number (see instructions)

(651) 222-2323
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$124,606,293J 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 145 145  
4 Dividends and interest from securities... 2,539,563 3,828,141  
5a Gross rents............   173  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 550,405
b Gross sales price for all assets on line 6a 20,191,728
7 Capital gain net income (from Part IV, line 2)... 10,389,667
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 0 1,025,365  
12 Total. Add lines 1 through 11........ 3,090,113 15,243,491  
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)......... Click to see attachment 7,491 0   7,491
b Accounting fees (attach schedule)....... Click to see attachment 31,245 15,622   15,623
c Other professional fees (attach schedule).... Click to see attachment 791,043 403,117   387,926
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 139,000 104,834   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 38,536 0   38,536
21 Travel, conferences, and meetings....... 46,649 0   46,649
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 29,148 785,048   29,148
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,083,112 1,308,621   525,373
25 Contributions, gifts, grants paid....... 4,175,776 4,175,776
26 Total expenses and disbursements. Add lines 24 and 25 5,258,888 1,308,621   4,701,149
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,168,775
b Net investment income (if negative, enter -0-) 13,934,870
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............. 230,268 225,184 225,184
2 Savings and temporary cash investments......... 1,224,236 2,549,425 2,549,425
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) 5,048,939 Click to see attachment5,057,333 5,094,065
b Investments—corporate stock (attach schedule)....... 15,830,639 Click to see attachment10,967,105 33,781,872
c Investments—corporate bonds (attach schedule)....... 15,321,223 Click to see attachment16,212,336 20,399,813
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 46,181,451 Click to see attachment43,119,880 62,555,934
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) 83,836,756 78,131,263 124,606,293
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........ 83,836,756 78,131,263
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)..... 83,836,756 78,131,263
30 Total liabilities and net assets/fund balances (see instructions). 83,836,756 78,131,263
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
83,836,756
2
Enter amount from Part I, line 27a .....................
2
-2,168,775
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
81,667,981
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,536,718
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
78,131,263
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 REALIZED GAINS      
b CAPITAL GAIN DISTRIBUTIONS      
c CAPITAL GAINS - PARTNERSHIPS P    
d CAPITAL GAINS - NORTHERN TRUST P    
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 17,917,883   19,641,323 -1,723,440
b 2,273,845     2,273,845
c       5,917,303
d       3,921,959
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,723,440
b       2,273,845
c       5,917,303
d       3,921,959
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 10,389,667
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........................... 3 193,695
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- ..... 5 193,695
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 152,641
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.............. 7 152,641
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 560
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 41,614
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 addressbulletIAOSHAUGHNESSYFDN.ORG
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (651) 222-2323

    Located atbullet2001 KILLEBREW DRIVE 120BLOOMINGTONMN ZIP+4bullet55425
    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
    JOHN F O'SHAUGHNESSY JR PRESIDENT & DIRECTOR
    2.00     		0 0 0
    C/O IAO FDN 2001 KILLEBREW DRIVE
    120
    BLOOMINGTON,MN55101
    EILEEN A O'SHAUGHNESSY SECRETARY & DIRECTOR
    2.00     		0 0 0
    C/O IAO FDN 2001 KILLEBREW DRIVE
    120
    BLOOMINGTON,MN55101
    LUCILLE M O'SHAUGHNESSY VICE PRESIDENT & DIRECTOR
    2.00     		0 0 0
    C/O IAO FDN 2001 KILLEBREW DRIVE
    120
    BLOOMINGTON,MN55101
    CHARLES E LYMAN VICE PRESIDENT & DIRECTOR
    2.00     		0 0 0
    C/O IAO FDN 2001 KILLEBREW DRIVE
    120
    BLOOMINGTON,MN55101
    KATHRYN LYMAN WYSONG VICE PRESIDENT & DIRECTOR
    2.00     		0 0 0
    C/O IAO FDN 2001 KILLEBREW DRIVE
    120
    BLOOMINGTON,MN55101
    KAREN J O'SHAUGHNESSY VICE PRESIDENT & DIRECTOR
    2.00     		0 0 0
    C/O IAO FDN 2001 KILLEBREW DRIVE
    120
    BLOOMINGTON,MN55101
    TERESA E DUGGAN VICE PRESIDENT & DIRECTOR
    2.00     		0 0 0
    C/O IAO FDN 2001 KILLEBREW DRIVE
    120
    BLOOMINGTON,MN55101
    TIMOTHY D O'SHAUGHNESSY VICE PRESIDENT & DIRECTOR
    2.00     		0 0 0
    C/O IAO FDN 2001 KILLEBREW DRIVE
    120
    BLOOMINGTON,MN55101
    CHEVONNE E O'SHAUGHNESSY VICE PRESIDENT & DIRECTOR
    2.00     		0 0 0
    C/O IAO FDN 2001 KILLEBREW DRIVE
    120
    BLOOMINGTON,MN55101
    DANIEL J O'SHAUGHNESSY PRESIDENT/VICE PRESIDENT & DIRECTOR
    2.00     		0 0 0
    C/O IAO FDN 2001 KILLEBREW DRIVE
    120
    BLOOMINGTON,MN55101
    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
    PRIVATE OFFICE SOLUTIONS LLC ADMINISTRATIVE CONSULTANT 231,167
    2001 KILLEBREW DRIVE 120
    BLOOMINGTON,MN55425
    PRIVATE PHILANTHROPY SERVICES PHILANTHROPIC CONSULTING SERVICES 152,400
    318 W 48TH ST
    MINNEAPOLIS,MN55402
    SOLUTIONS ENTERPRISE INVESTMENT MANAGEMENT FEES 83,200
    7105 ANTRIM COURT
    EDINA,MN55439
    FIDUCIARY MANAGEMENT INC INVESTMENT MANAGEMENT FEES 80,301
    100 E WISCONSIN AVE 2200
    MILWAUKEE,WI53202
    MARQUETTE ASSOCIATES INVESTMENT MANAGEMENT FEES 80,000
    180 N LASALLE STREET SUITE 3500
    CHICAGO,IL60601
    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
    115,562,015
    b
    Average of monthly cash balances.......................
    1b
    2,025,171
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    117,587,186
    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
    117,587,186
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,763,808
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    115,823,378
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    5,791,169
    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
    5,791,169
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    193,695
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    193,695
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,597,474
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,597,474
    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
    5,597,474
    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 5,597,474
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 4,576,031
    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$ 4,701,149
    a Applied to 2020, but not more than line 2a 4,576,031
    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..... 125,118
    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 ..........     		5,472,356
    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 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
    29 ACRES
    3000 MOSELEY ROAD
    CROSS ROADS,TX76227     		NONE PC THE CAPITAL CAMPAIGN FOR TWO NEW HOUSES AND A FENCE FOR OUR NEW LEARNING GARDEN. 76,678
    ACCESS AFTERSCHOOL
    PO BOX 819
    CARBONDALE,CO81623     		NONE PC SECONDSHIFT & ACCELERATE: TO PROVIDE INNOVATIVE AFTERSCHOOL EXPERIENCES TO APPROXIMATELY 1400 YOUTH IN RURAL WESTERN COLORADO. 15,000
    AIM HIGHER FOUNDATION
    2610 UNIVERSITY AVE W SUITE 525
    SAINT PAUL,MN55114     		NONE PC WE ARE SEEKING TO GROW OUR ENDOWMENT TO OVER $1,000,000. 36,395
    AMERICAN COMPOSER FORUM
    75 WEST 5TH STREET
    SAINT PAUL,MN55104     		NONE PC A YEAR-LONG COMPOSER RESIDENCY FOR YOUTH INCLUDING WORKSHOPS, PERFORMANCES AND CREATION OF NEW WORKS. 15,000
    AMERICAN PRAIRIE RESERVE
    PO BOX 908
    BOZEMAN,MT59771     		NONE PC TO SUPPORT THE ACQUISITION, RESTORATION, AND MANAGEMENT OF GRASSLAND HABITAT FOR AMERICAN PRAIRIE. 15,000
    ANDY ZANCA YOUTH EMPOWERMENT PROGRAM (AZYEP)
    PO BOX 1945
    CARBONDALE,CO81623     		NONE PC PUBLIC AFFAIRS/NEWS TEAM PROGRAM: TO EMPOWER YOUTH TO BUILD SELF-CONFIDENCE AND DEVELOP LEADERSHIP SKILLS. 15,000
    ANNUNCIATION CATHOLIC SCHOOL
    3536 LAFAYETTE STREET
    DENVER,CO80205     		NONE PC EL EDUCATION PROGRAMMING GRANT. 100,000
    ART COUNCIL INC
    45 MAIN STREET SUITE 515
    BROOKLYN,NY11201     		NONE PC THE ARTIST BUCK ELLISON WILL DEBUT A FILM AND SUITE OF PHOTOGRAPHS AT THE WHITNEY BIENNIAL. 10,000
    AUSL
    3400 NO AUSTIN AVENUE 120
    CHICAGO,IL60634     		NONE PC TRANSFORMING TEACHER PREPARATION. 100,000
    BABY'S SPACE
    2438 18TH AVENUE SOUTH
    MINNEAPOLIS,MN55404     		NONE PC GENERAL OPERATING SUPPORT. 25,000
    BAYSIDE HOUSING & SERVICES
    310 HADLOCK BAY ROAD
    PORT HADLOCK,WA98339     		NONE PC COMMUNITY BUILD PROJECT TINY HOUSE VILLAGE: TO PROVIDE AN ADDITIONAL 12 BEDS (9 UNITS) OF TRANSITIONAL HOUSING TO JEFFERSON COUNTY. 8,500
    BEST ACADEMY
    1300 OLSON MEMORIAL HWY
    MINNEAPOLIS,MN55411     		NONE PC THE PROJECT'S PURPOSE IS TO CLOSE THE OPPORTUNITY GAP OF SCHOLARS BEING EXPOSED TO STRING MUSIC THROUGH THE JANE STAMSTAD STRINGS PROGRAM. 20,000
    BIG SHOULDERS FUND
    212 WEST VAN BUREN 900
    CHICAGO,IL60607     		NONE PC TALENT DEVELOPMENT PIPELINE. 150,000
    BOSTON COLLEGE - CITY CONNECTS
    140 COMMONWEALTH AVENUE
    CHESTNUT HILL,MA02467     		NONE PC FUNDS WILL SUPPORT IMPLEMENTATION OF CITY CONNECTS IN TWIN CITIES CHARTER SCHOOLS. 84,477
    BOSTON COLLEGE HIGH SCHOOL
    150 WILLIAM T MORRISSEY BLVD
    BOSTON,MA02012     		NONE PC FUNDS WILL BE USED FOR SCHOLARSHIPS: I.A. O'SHAUGHNESSY FOUNDATION DR. MICHAEL F. SULLIVAN '70 SCHOLARSHIP GRANT IS PART OF A 1-YEAR $100,000 GRANT - $50,000 BOARD GRANT & $50,000 DISCRETIONARY GRANT ($10,000 FROM EACH FAMILY BRANCH). 100,000
    BOYS HOPE GIRLS HOPE OF ILLINOIS INC
    1100 N LARAMIE AVENUE
    WILMETTE,IL60201     		NONE PC HOME REMODEL FOR EXPANSION OF GIRLS HOPE PROGRAM: LARGE BATH, FIRE SAFETY & STAFF QUARTERS. 88,348
    CARBONDALE COMMUNITY ACCESS RADIO INC
    76 SOUTH 2ND STREET
    CARBONDALE,CO81623     		NONE PC GENERAL OPERATING SUPPPORT TO IMPROVE OUR 88.3 SIGNAL IN GLENWOOD SPRINGS, CO. 5,000
    CENTER FOR THE HOMELESS
    813 S MICHIGAN ST
    SOUTH BEND,IN46601     		NONE PC THIS GRANT WILL BE USED IN SUPPORT OF OUR GENERAL OPERATING BUDGET. 28,017
    CENTRO TYRON GUZMAN
    1915 CHICAGO AVE
    MINNEAPOLIS,MN55404     		NONE PC GENERAL OPERATING SUPPORT. 20,000
    CENTRO TYRON GUZMAN
    1915 CHICAGO AVE
    MINNEAPOLIS,MN55404     		NONE PC SIEMBRA MONTESSORI EXPANSION, MONTESSORI HOME VISITING, PROGRAM CONTINUATION. 20,000
    CHANHASSEN ROTARY FOUNDATION
    PO BOX 1072
    CHANHASSEN,MN55317     		NONE PC PRIORITY TO GROUPS MEETING BASIC NEEDS, SUPPORTING YOUTH, PROMOTING HEALTH. 10,000
    CHILD CARE AWARE OF MINNESOTA
    380 LAFAYETTE ROAD 103
    SAINT PAUL,MN55107     		NONE PC CARE FELLOWSHIP - SPEAKER APPRECIATION. 500
    CHILDREN'S HOSPITAL COLORADO FOUNDATION
    13123 E 16TH AVE
    AURORA,CO80045     		NONE PC FUNDS WILL BE USED TO CREATE A FAMILY FRIENDLY, STATE OF THE ART FACILITY FOR KIDS WITH BEHAVIORAL HEALTH CONCERNS. 55,000
    CHILDREN'S HOSPITAL COLORADO FOUNDATION
    13123 E 16TH AVE
    AURORA,CO80045     		NONE PC TO RENOVATE THE EMERGENCY DEPARTMENT TO BETTER SERVE KIDS AND TEENS WITH MENTAL HEALTH CONCERNS. 32,695
    CHURCH OF OUR LADY OF GRACE
    5071 EDEN AVE
    EDINA,MN55439     		NONE PC SPACE IS NEEDED FOR MINISTRIES THAT FEED BODY, HEART AND MIND, MAKING JESUS CHRIST KNOWN AND LOVED. 51,953
    COLLEGE POSSIBLE - MINNESOTA
    755 PRIOR AVENUE NO 210
    SAINT PAUL,MN55104     		NONE PC PROGRAM SUPPORT - SPEAKER APPRECIATION 500
    COLORADO ANIMAL RESCUE INC (CARE)
    2801 COUNTY ROAD 114
    GLENWOOD SPRINGS,CO81601     		NONE PC FUNDING WILL GO DIRECTLY TO COMMUNITY PROGRAMS: PET FOOD BANK, FREE ID TAGS, AND HUMANE EDUCATION 7,480
    COMMUNITIES IN SCHOOLS - CHICAGO
    815 VAN BUREN AVENUE 300
    CHICAGO,IL60607     		NONE PC CIS OF CHICAGO SAFETYNET PROJECT 150,000
    CORNERSTONE MONTESSORI ELEMENTARY SCHOOL
    1611 AMES AVENUE
    SAINT PAUL,MN55106     		NONE PC GENERAL OPERATING - THIS FUNDING WOULD DIRECTLY SUPPORT CORNERSTONE IN ADDRESSING KEY CHALLENGES. 15,000
    CRABTREE NECK LAND TRUST
    PO BOX 273
    HANCOCK,ME04640     		NONE PC WE PLAN TO ACQUIRE CONSERVATION LAND AND TO CREATE A MASTER MANAGEMENT PLAN FOR CLIMATE STEWARDSHIP. 15,000
    DUKE FINANCIAL ECONOMICS CENTER AT DUKE UNIVERSITY
    419 CHAPEL DRIVE 213 SOCIAL
    SCIENCES
    DURHAM,NC27708     		NONE PC OUR TWO NEW MAJOR EDUCATIONAL INITIATIVES THIS PERIOD ARE REAL ESTATE FINANCE AND ESG FINANCE. 10,000
    DUNGENESS RIVER AUDUBON CENTER
    2151 WEST HENDRICKSON ROAD PO BOX
    2450
    SEQUIM,WA98382     		NONE PC 5TH GRADE ENVIRONMENTAL EDUCATION PROGRAM 25,000
    EARTHJUSTICE
    50 CALIFORNIA ST SUITE 500
    SAN FRANCISCO,CA94111     		NONE PC SUPPORT OF GENERAL OPERATIONS WITH CONTINUED EXPANSION OF STATE-LEVEL AND PLACE-BASED COMMUNITY 25,000
    ERASING THE DISTANCE
    4001 N RAVENSWOOD AVE SUITE 503C
    CHICAGO,IL60613     		NONE PC QUARTERLY STORYTELLING EVENTS, PODCAST PRODUCTION, AND THE EXPANSION OF THE BOARD OF DIRECTORS 15,000
    EXPONENT PHILANTHROPY
    PO BOX 65607
    WASHINGTON,DC200355607     		NONE PC MEMBERSHIP 780
    FADICA
    4201 CONNECTICUT AVE NW 505
    WASHINGTON,DC20008     		NONE PC MEMBERSHIP 10,000
    FLATHEAD VALLEY COMMUNITY COLLEGE FOUNDATION INC
    777 GRANDVIEW DRIVE
    KALISPELL,MT59901     		NONE PC EXPAND EDUCATIONAL, CULTURAL, HEALTH AND WELLNESS OPPORTUNITIES FOR STUDENTS AND COMMUNITY MEMBERS 124,216
    FLORENCE CRITTENTON SERVICES OF COLORADO
    96 SOUTH ZUNI STREET
    DENVER,CO80223     		NONE PC GENERAL OPERATING SUPPORT 20,000
    FRIENDS OF SLAVENS SCHOOL
    3000 S CLAYTON ST
    DENVER,CO80210     		NONE PC TO SUPPORT THE STEM AND STEAM (ART) PROGRAMMING AT SLAVENS K-8 SCHOOL 10,000
    FUNDAMENTAL LEARNING CENTER
    2220 E 21ST ST N
    WICHITA,KS67214     		NONE PC TO SUPPORT THE COSTS ASSOCIATED WITH CONSTRUCTION OF THE NEW FUNDAMENTAL LEARNING CENTER FACILITY, INCLUDING THE AREAS OF THE ADULT TERRACE THAT LOOKS OVER THE LAKE,ALONG WITH THE SMALL AMPHITHEATER THAT FACES THE TERRACE ON THE EDGE OF THE LAKE. 500,000
    GRANTMAKERS IN EDUCATION
    700 SW 5TH AVENUE 4000
    PORTLAND,OR97204     		NONE PC MEMBERSHIP 2,700
    GREAT MINNESOTA SCHOOLS
    1330 LAGOON AVENUE 4TH FLOOR
    MINNEAPOLIS,MN55408     		NONE PC GENERAL OPERATING - SPEAKER APPRECIATION 500
    GREATER CHICAGO FOOD DEPOSITORY
    4100 W ANN LURIE PLACE
    CHICAGO,IL60632     		NONE PC FUNDS WILL SUPPORT HUNGER RELIEF INITIATIVES THROUGHOUT COOK COUNTY, ILLINOIS. 48,018
    GREENLIGHT WOMEN
    PO BOX 69826
    LOS ANGELES,CA90069     		NONE PC JUNETEENTH CELEBRATES THE BLACK FAMILY AND WE WANT TO SUPPORT THAT EFFORT WITH AN EVENT. 7,000
    HARVEST HOME INC
    2118 WILSHIRE BLVD PMB 358
    SANTA MONICA,CA90403     		NONE PC TO HELP COVER YEAR 1 OF OPERATIONAL EXPENSES FOR THE NEW "PICO" HOME. 25,000
    HEALTHCARE ALTERNATIVE SYSTEMS INC
    2755 W ARMITAGE AVENUE
    CHICAGO,IL60647     		NONE PC HAS WILL ENSURE THE STABILITY OF OUR PROGRAMS AND INCREASE THE VACCINATION RATE OF OUR COMMUNITIES. 25,000
    HOSEA YOUTH SERVICES
    834 MONROE ST
    EUGENE,OR97402     		NONE PC RESOURCE CENTER OPERATIONS 5,000
    INTERNATIONAL COMMUNITY FOUNDATION
    2505 N AVE
    NATIONAL CITY,CA91950     		NONE PC TO EQUIP THE ADLN SAN JOSE DENTAL CLINIC AT THE ILUMINAME FOUNDATION YOUTH CENTER IN SAN JOSE DEL CABO. 20,000
    INTERNATIONAL COMMUNITY FOUNDATION
    2505 N AVE
    NATIONAL CITY,CA91950     		NONE PC THE 7TH UNIDOS DE CORAZON HEART CLINIC WHERE 15 CHILDREN WILL RECEIVE VARIOUS LIFE THREATENING HEART TREATMENTS. 36,000
    JAWAAHIR DANCE COMPANY
    3010 MINNEHAHA AVE
    MINNEAPOLIS,MN55406     		NONE PC OPERATING SUPPORT: ARTISTS' FEES AND PRODUCTION COSTS FOR 21/22 MAINSTAGE THEATRICAL CONCERT, + SEASON OF CABARETS. 40,000
    JEFFERSON COMMUNITY FOUNDATION
    PO BOX 1394
    PORT HADLOCK,WA98339     		NONE PC GRANT WILL FUND HOUSING SOLUTIONS NETWORK PROFESSIONAL SERVICE FEES 12,178
    KANSAS UNIVERSITY ENDOWMENT ASSOCIATION
    PO BOX 928
    LAWRENCE,KS66044     		NONE PC SCHOLARSHIP SUPPORT- DAVID AND KATHY WYSONG SCHOLARSHIP IN JOURNALISM FOR STUDENT ATHLETES 5,000
    LAKE COUNTRY SCHOOL
    3755 PLEASANT AVENUE S
    MINNEAPOLIS,MN55409     		NONE PC LCS BUILDING EXPANSION AND RENOVATION AT THE URBAN CAMPUS. 50,000
    LIFT-UP
    800 RAILROAD AVE
    RIFLE,CO81650     		NONE PC PURCHASE AND DISTRIBUTION OF HEALTHY, LOCAL FOOD TO FAMILIES IN NEED FROM ASPEN TO PARACHUTE. 10,000
    MARQUETTE UNIVERSITY
    1250 W WISCONSIN AVENUE
    MILWAUKEE,WI53203     		NONE PC SCHOLARSHIP SUPPORT FOR DIVERSE STUDENTS IN MARQUETTE'S PHYSICIAN ASSISTANT STUDIES PROGRAM 25,000
    METRO CARING
    1100 E 18TH AVE
    DENVER,CO80218     		NONE PC FOOD DISTRIBUTION, NUTRITION EDUCATION, URBAN AGRICULTURE, COMMUNITY DEVELOPMENT, AND ACTIVATION. 7,500
    MINNEAPOLIS NATURE PRESCHOOL
    314 WASHBURN AVENUE NO
    MINNEAPOLIS,MN55405     		NONE PC GENERAL OPERATING - SPEAKER APPRECIATION. 500
    MINNESOTA COUNCIL ON FOUNDATION
    800 WASHINGTON AVENUE NO 703
    MINNEAPOLIS,MN55401     		NONE PC MEMBERSHIP. 7,600
    MINNESOTA LANDMARKS INC
    75 FIFTH STREET WEST
    SAINT PAUL,MN55102     		NONE PC COMPLETION FUNDS (DESIGN FEES; INSTALLATION COSTS) FOR SCULPTURAL LIGHT ARTWORK AT RICE PARK. 25,000
    MISSIONARY OBLATES OF MARY IMMACULATE
    391 MICHIGAN AVENUE NE
    WASHINGTON,DC20017     		NONE PC CREATE A GLOBAL AND MOBILE "CENTER FOR MISSION" TO INCLUDE OBLATES, AS WELL AS LAY MEN AND WOMEN. 50,000
    MONTESSORI AMERICAN INDIAN CHILDCARE CENTER
    1909 IVY AVE E
    SAINT PAUL,MN55119     		NONE PC THE MONTESSORI AMERICAN INDIAN CHILDCARE CENTER WILL PROVIDE DIRECT CARE AND EARLY LEARNING SERVICES. 20,000
    MONTESSORI TRAINING CENTER OF MINNESOTA
    1611 AMES AVENUE
    SAINT PAUL,MN55106     		NONE PC TO SUPPORT MCM IN CARRYING OUR MISSION FORWARD AND AIDING RECOVERY FROM THE COVID-19 CRISIS. 48,391
    MONTESSORI TRAINING CENTER OF MINNESOTA
    1611 AMES AVENUE
    SAINT PAUL,MN55106     		NONE PC TO SUPPORT MCM IN CARRYING OUR MISSION FORWARD DURING THE COVID-19 CRISIS. 88,348
    MONTESSORI TRAINING CENTER OF MINNESOTA
    1611 AMES AVENUE
    SAINT PAUL,MN55106     		NONE PC GRANT WILL BE USED TO SUPPORT THE CONTINUING WORK IN ALL ASPECTS OF MCM. GRANT IS BEING GIVEN IN MEMORY OF LAWRENCE M. O'SHAUGHNESSY AS PART OF A 5-YEAR $1,000,000 GRANT - $500,000 BOARD GRANT & $500,000 DISCRETIONARY GRANT ($100,000 FROM EACH FAMILY BRANCH). 200,000
    NORTHERN VOICES
    1660 COUNTY ROAD B WEST
    ROSEVILLE,MN55113     		NONE PC OPERATIONAL SUPPORT FOR OUR INFANT, TODDLER AND PRESCHOOL DEAF AND HARD OF HEARING CHILDREN. 15,000
    NURSE FAMILY PARTNERSHIP
    1900 GRANT STREET
    DENVER,CO80203     		NONE PC FUNDS WILL BE USED TO TRAIN NUSES IN 40 STATES IN THE TRAUMA-SENSITIVE APPROACH: FACILITATING ATTUNED INTERACTIONS (FAN). 50,000
    OPERATION BREAKTHROUGH
    3039 TROOST AVE
    KANSAS CITY,MO64109     		NONE PC GENERAL OPERATING SUPPORT. 20,000
    OPERATION BREAKTHROUGH
    3039 TROOST AVE
    KANSAS CITY,MO64109     		NONE PC THE IGNITION LAB WILL PROVIDE WORKFORCE DEVELOPMENT AND ENTREPRENEURSHIP FOR HIGH SCHOOL STUDENTS. 88,348
    PARENTS AS TEACHERS NATIONAL
    2228 BALL DRIVE
    ST LOUIS,MO63146     		NONE PC FUNDS WILL BE USED TO DEVELOP BEST PRACTICES TO SUPPORT FAMILIES IN THE DIFFERENT STAGES OF CHILD PROTECTIVE SERVICES INVOLVEMENT. 50,000
    PLAYWORKS COLORADO
    3980 QUEBEC STREET 140
    DENVER,CO80207     		NONE PC IMPLEMENTATION OF THE PLAYWORKS PROGRAM IN THE ELEMENTARY SCHOOLS OF THE AURORA PUBLIC SCHOOL DISTRICT. 50,000
    PORT TOWNSEND FILM INSTITUTE
    211 TAYLOR STREET SUITE 401-A
    PORT TOWNSEND,WA98368     		NONE PC FILMMAKER TRAVEL FUND: PROVIDE TRAVEL STIPENDS TO FILMMAKERS TO ACCOMPANY THEIR FILM OR PROJECT IN-PERSON AT VARIOUS EVENTS. 25,000
    PROJECT ANGEL HEART
    4950 WASHINGTON STREET
    DENVER,CO80216     		NONE PC FUNDS WILL HELP PROVIDE 600,000 MEALS, FREE OF CHARGE, TO MORE THAN 4,050 ILL COLORADANS. 12,391
    REGINA DOMINICAN HIGH SCHOOL
    701 LOCUST ROAD
    WILMETTE,IL60091     		NONE PC GENERAL OPERATING COSTS. 20,000
    ROOTS FAMILY CENTER
    4200 MORRISON ROAD UNIT 7
    DENVER,CO80219     		NONE PC GENERAL OPERATING SUPPORT. 20,000
    SACRED HEART SCHOOLS
    6250 N SHERIDAN RD
    CHICAGO,IL60660     		NONE PC MASTERPIECE CAMPAIGN: TUITION ASSISTANCE ENDOWMENT, ENHANCE ACADEMIC PROGRAMS,AND CAMPUS ENHANCEMENTS. 25,000
    SACRED HEART SCHOOLS
    6250 N SHERIDAN RD
    CHICAGO,IL60660     		NONE PC TUITION ASSISTANCE FOR THE 2021-22 ACADEMIC YEAR. 10,000
    SECOND HARVEST HEARTLAND
    7101 WINNETKA AVE N
    BROOKLYN PARK,MN55428     		NONE PC MCK WILL PROVIDE 1.4 MILLION NUTRITIOUS PREPARED MEALS IN OUR 2022 FISCAL YEAR. 30,000
    SEEDS OF HOPE OF NORTHERN COLORADO INC
    1300 S STEELE STREET
    DENVER,CO80210     		NONE PC TEACHER SUPPORT AND CLASSROOM IMPACT GRANTS. 100,000
    SEEDS OF HOPE OF NORTHERN COLORADO INC
    1300 S STEELE STREET
    DENVER,CO80210     		NONE PC TUITION ASSISTANCE FOR WORKING-CLASS FAMILIES ABOVE 250% OF THE U.S. FEDERAL POVERTY GUIDELINES. 20,000
    SOPRIS SUN
    520 S 3RD ST
    CARBONDALE,CO81623     		NONE PC DEVELOPMENT OF OUR SPANISH LANGUAGE INSERT AND HIGH SCHOOL MENTORING PROGRAM. 5,000
    ST COLETTA OF WISCONSIN
    N4637 COUNTY ROAD Y
    JEFFERSON,WI53549     		NONE PC THE PURPOSE IS TO FINISH THE COMMUNITY CLUB HOUSE FOR THE GRACE LANDING PROJECT. 40,000
    ST PIUS V PARISH
    1919 SOUTH ASHLAND AVENUE
    CHICAGO,IL60608     		NONE PC FUNDING WOULD SUPPORT A YEAR-LONG PERSONAL DEVELOPMENT PROGRAM FOR 60-70 YOUTH IN OUR COMMUNITY. 24,000
    START AT ZERO
    900 EAST 24TH TERRACE
    KANSAS CITY,MO64108     		NONE PC GENERAL OPERATING SUPPORT. 25,000
    STRIVE PREP
    2480 WEST 26TH AVENUE B-360
    DENVER,CO80211     		NONE PC COLLEGE ACCESS & SPEECH AND DEBATE. 200,000
    THE FRANCISCAN SCHOOL
    10000 ST FRANCIS DRIVE
    RALEIGH,NC27613     		NONE PC THE PROJECT WILL HELP FUND THE BEGINNINGS OF AN AUDIO AND VIDEO PRODUCTION PROGRAM LED BY STUDENTS. 5,000
    THE GREEN CHAIR PROJECT
    1853 CAPITAL BOULEVARD
    RALEIGH,NC27604     		NONE PC GENERAL OPERATING SUPPORT FOR OUR SIGNATURE FURNISHINGS PROGRAM. 10,000
    THE NORA PROJECT
    PO BOX 664
    HIGHLAND PARK,IL60035     		NONE PC TO TRAIN EDUCATORS ON BEST PRACTICES IN INCLUSION AND PREPARE THEM TO TEACH OUR SCHOOL PROGRAMS. 5,000
    TOWER CANCER RESEARCH FOUNDATION
    8767 WILSHIRE BLVD SUITE 401
    BEVERLY HILLS,CA90211     		NONE PC FUNDS GRANTED WILL SUPPORT A CANCER RESEARCHER WITH CAREER DEVELOPMENT GRANT AWARD. 25,000
    TRANSFORMATIONS BY OLYMPIC ANGELS
    PO BOX 654
    PORT TOWNSEND,WA98368     		NONE PC PARTIAL FUNDING TO STAFF A PERMANENT EXECUTIVE DIRECTOR INCLUDING SALARY, BENEFITS, AND TAXES. 5,000
    UCHICAGO IMPACT LLC
    1313 60TH STREET
    CHICAGO,IL60637     		NONE PC PILOTING AND IMPLEMENTING CULTIVATE FOR COACHES. 200,000
    UNIVERSITY OF DENVER
    2199 S UNIVERSITY BLVD
    DENVER,CO80208     		NONE PC THE PURPOSE OF THE REQUEST IS TO ADD FUNDS TO THE I. A. O'SHAUGHNESSY FOUNDATION SCHOLARSHIP FUND. 50,000
    UNIVERSITY OF KANSAS ENDOWMENT ASSOCIATION
    PO BOX 928
    LAWRENCE,KS66044     		NONE PC SCHOLARSHIP SUPPORT- DAVID AND KATHY WYSONG SCHOLARSHIP IN JOURNALISM FOR STUDENT ATHLETES. 5,000
    UNIVERSITY OF OKLAHOMA FOUNDATION
    100 W TIMBERDELL RD
    NORMAN,OK73019     		NONE PC GENERAL OPERATING - STUDENT ENRICHMENT AND PREPARATION PROGRAM. 50,000
    UNIVERSITY OF ST THOMAS SCHOOL OF EDUCATION
    1000 LASALLE AVENUE
    MINNEAPOLIS,MN55403     		NONE PC PLANNING GRANT TO DEVELOP A "GROW YOUR OWN" TEACHING PIPELINE BETWEEN UST AND ST. PAUL PUBLIC SCHOOLS. 49,263
    VILLAGE OF VISION FOR HAITI FOUNDATION FEJ-USA
    1730 SOUTH FEDERAL HWY BOX 224
    DELRAY BEACH,FL33483     		NONE PC TO PROVIDE NECESSARY MEDICAL CARE AND NUTRITION FOR CHILDREN AT FEJ'S NEW HIV CRITICAL CARE UNIT. 10,000
    VIOLETA MONTESSORI SCHOOL INC
    290 BROADWAY
    CAMBRIDGE,MA02139     		NONE PC GIRASOLES EMPOWERS FAMILIES FROM LOW INCOME BACKGROUND TO SUPPORT THEIR CHILDREN'S EARLY DEVELOPMENT. 15,000
    WAY TO GROW
    125 WEST BROADWAY 100
    MINNEAPOLIS,MN55411     		NONE PC GENERAL OPERATING SUPPORT. 20,000
    WESTERN COLORADO UNIVERSITY FOUNDATION INC
    909 E ESCALANTE DRIVE
    GUNNISON,CO81231     		NONE PC SCHOLARSHIPS TO THE NEEDIEST STUDENTS (EVERY DOLLAR OF YOUR SUPPORT, NO OVERHEAD WHATSOEVER). 100,000
    WINNETKA PARKS FOUNDATION
    540 HIBBARD RD
    WINNETKA,IL60093     		NONE PC REPLACE, REPAIR, AND ENHANCE PORTIONS OF THE GREEN BAY TRAIL WITHIN THE VILLAGE OF WINNETKA. 5,000
    WOMEN IN FILM
    4221 WILSHIRE BLVD SUITE 130
    LOS ANGELES,CA90010     		NONE PC WIF BLACK LIST EPISODIC LAB EQUIPS TV WRITERS WITH KNOWLEDGE TO BUILD AND SUSTAIN THEIR CAREERS. 15,000
    YMCA OF THE ROCKIES - CAMP CHIEF OURAY
    2515 TUNNEL ROAD
    ESTES PARK,CO80511     		NONE PC THIS CAPITAL PROJECT WILL UPDATE FACILITIES, ACCOMMODATE MORE CAMPERS, AND KEEP CAMP AFFORDABLE. 7,500
    Total .................................bullet 3a 4,175,776
    bApproved for future payment
    BOSTON COLLEGE - CITY CONNECTS
    140 COMMONWEALTH AVENUE
    CHESTNUT HILL,MA02467     		NONE PC FUNDS WILL SUPPORT IMPLEMENTATION OF CITY CONNECTS IN TWIN CITIES CHARTER SCHOOLS. 839,413
    CHILDREN'S HOSPITAL COLORADO FOUNDATION
    13123 E 16TH AVE
    AURORA,CO80045     		NONE PC FUNDS WILL BE USED TO CREATE A FAMILY FRIENDLY, STATE OF THE ART FACILITY FOR KIDS WITH BEHAVIORAL HEALTH CONCERNS. 45,000
    COMMUNITIES IN SCHOOLS - CHICAGO
    815 VAN BUREN AVENUE 300
    CHICAGO,IL60607     		NONE PC CIS OF CHICAGO SAFETYNET PROJECT. 300,000
    FLATHEAD VALLEY COMMUNITY COLLEGE FOUNDATION INC
    777 GRANDVIEW DRIVE
    KALISPELL,MT59901     		NONE PC EXPAND EDUCATIONAL, CULTURAL, HEALTH AND WELLNESS OPPORTUNITIES FOR STUDENTS AND COMMUNITY MEMBERS. 350,784
    FUNDAMENTAL LEARNING CENTER
    2220 E 21ST ST N
    WICHITA,KS67214     		NONE PC TO SUPPORT THE COSTS ASSOCIATED WITH CONSTRUCTION OF THE NEW FUNDAMENTAL LEARNING CENTER FACILITY, INCLUDING THE AREAS OF THE ADULT TERRACE THAT LOOKS OVER THE LAKE,ALONG WITH THE SMALL AMPHITHEATER THAT FACES THE TERRACE ON THE EDGE OF THE LAKE. 1,000,000
    KANSAS UNIVERSITY ENDOWMENT ASSOCIATION
    PO BOX 928
    LAWRENCE,KS66044     		NONE PC SCHOLARSHIP SUPPORT- DAVID AND KATHY WYSONG SCHOLARSHIP IN JOURNALISM FOR STUDENT ATHLETES. 20,000
    LAKE COUNTRY SCHOOL
    3755 PLEASANT AVENUE S
    MINNEAPOLIS,MN55409     		NONE PC LCS BUILDING EXPANSION AND RENOVATION AT THE URBAN CAMPUS. 150,000
    MONTESSORI TRAINING CENTER OF MINNESOTA
    1611 AMES AVENUE
    SAINT PAUL,MN55106     		NONE PC GRANT WILL BE USED TO SUPPORT THE CONTINUING WORK IN ALL ASPECTS OF MCM. GRANT IS BEING GIVEN IN MEMORY OF LAWRENCE M. O'SHAUGHNESSY AS PART OF A 5-YEAR $1,000,000 GRANT - $500,000 BOARD GRANT & $500,000 DISCRETIONARY GRANT ($100,000 FROM EACH FAMILY BRANCH). 800,000
    PLAYWORKS COLORADO
    3980 QUEBEC STREET 140
    DENVER,CO80207     		NONE PC IMPLEMENTATION OF THE PLAYWORKS PROGRAM IN THE ELEMENTARY SCHOOLS OF THE AURORA PUBLIC SCHOOL DISTRICT. 100,000
    STRIVE PREP
    2480 WEST 26TH AVENUE B-360
    DENVER,CO80211     		NONE PC COLLEGE ACCESS & SPEECH AND DEBATE. 400,000
    UNIVERSITY OF DENVER
    2199 S UNIVERSITY BLVD
    DENVER,CO80208     		NONE PC THE PURPOSE OF THE REQUEST IS TO ADD FUNDS TO THE I. A. O'SHAUGHNESSY FOUNDATION SCHOLARSHIP FUND. 100,000
    UNIVERSITY OF KANSAS ENDOWMENT ASSOC
    BOX 928
    LAWRENCE,KS66044     		NONE PC SCHOLARSHIP SUPPORT- DAVID AND KATHY WYSONG SCHOLARSHIP IN JOURNALISM FOR STUDENT ATHLETES. 20,000
    Total .................................bullet 3b 4,125,197
    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 ...........     		    14 145  
    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 ............     		    18 550,405  
    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 3,090,113 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,090,113
    (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:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 31,245 15,622   15,623

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 36,650 41,008
    ADOBE INC 25,632 25,552
    AEP TRANSMISSION CO LLC 100,396 94,946
    AIR PRODUCTS CHEMICALS 69,192 65,382
    ALLSTATE CORP 73,974 73,082
    AMAZON COM INC 41,290 41,137
    AMEREN CORP 9,998 10,029
    AMEREN ILLINOIS CO 24,670 25,230
    AMERICAN EXPRESS CREDIT 104,051 101,635
    AMERICAN WATER CAPITAL C 76,003 75,413
    AMPHENOL CORP 56,739 56,033
    ANALOG DEVICES INC 56,581 54,530
    ANHEUSER BUSCH INBEV WORLDWIDEINC 47,291 47,845
    APPLE INC 50,298 50,440
    APPLIED MATERIALS INC 34,871 34,251
    AUTOMATIC DATA PROCESSING INC 76,436 74,729
    AVERY DENNISON CORP 75,596 77,706
    BANK AMER CORP FR 68,920 65,662
    BAXTER INTERNATIONAL INC 46,489 45,452
    BERKSHIRE HATHAWAY FIN 41,907 42,976
    BURLINGTON NORTHN SANTA FE CORP 62,072 67,501
    CANADIAN NATL RY CO 43,611 47,535
    CATEPILLAR INC 56,472 58,059
    CBOE HOLDINGS INC 81,211 81,211
    CINTAS CORPORATION 106,734 105,422
    CNH EQUIPMENT TR A B S SER 2021 C CL A 3 39,995 39,728
    CNH EQUIPMENT TRUST 54,982 54,445
    COCA COLA CO SR NT 56,140 54,678
    COMCAST CORP 18,419 21,534
    COMMONFUND GLOBAL DISTRESSED INVESTORS 1,658,906 128,844
    CONAGRA BRANDS INC 54,834 54,526
    CONNECTICUT LIGHT PWR 56,775 55,769
    CONNECTICUT LT PWR CO 49,977 48,595
    CONTL AIRLINES 2012 SER 2A 30,164 31,157
    CUMMINS INC SR GLBL 43,230 42,578
    D R HORTON INC 15,730 15,434
    DELMARVA PWR LIGHT CO 104,516 104,038
    DELTA AIR LINES 65,910 67,204
    DISCOVERY COMMUNICATIONS 54,260 52,446
    DOMINION RES 55,116 57,952
    DTE ELECTRIC CO 16,191 16,595
    DUKE ENERGY CAROLINAS 30,710 33,169
    EATON CORP 37,486 35,069
    EMERSON ELEC CO 74,865 72,948
    ESTEE LAUDER CO INC 34,019 35,401
    EVERGY INC 74,158 71,650
    EXXON MOBIL CORPORATION 83,639 81,967
    FEDEX 2020 1 CLASS AA 94,653 93,187
    FLORDIA POWER LIGHT CO 103,914 100,444
    GENERAL MTRS FINL CO INC 40,933 40,687
    GEORGIA PACIFIC CORP 67,820 66,688
    GLAZOSMITHKLINE CAP INC 36,077 36,244
    HERSHEY CO SR NT 55,310 53,816
    HORMEL FOODS CORP 19,967 19,610
    IDEX CORP 34,957 35,303
    ILLINOIS TOOL WORK INC 53,819 52,433
    INTUIT INC 35,194 34,890
    JOHN DEERE OWNER TRUST 55,120 54,916
    JOHNSON JOHNSON 54,814 53,792
    JP MORGAN CHASE BANK NA SR NT 36,710 35,286
    KIMBERLY CLARK CORP 77,735 83,706
    KROGER CO 74,546 72,736
    LOCKHEED MARTIN CORP 60,803 55,664
    LOWES COS INC 34,963 34,149
    MAGELLAN MIDSTREAM PARTN 49,318 50,219
    MARTIN MARIETTA MATLS INC 20,724 20,232
    MCDONALDS CORP 42,180 41,177
    MICROSOFT CORP 107,321 103,523
    MONDELEZ INTERNATIONAL INC 62,562 61,830
    MOODYS CORPORATION 46,698 45,747
    MSCI EAFE INDEX NI QP CTF 6,752,490 12,576,995
    NATIONAL RURAL UTIL COOP 85,729 84,950
    NORFOLK SOUTHERN CORP 52,561 52,747
    NUVEEN SYMPHONY CRED OPP I 2,332,277 2,255,487
    NVENT FIN S A R L 34,885 34,853
    OGLETHORPE POWER CORP 33,708 33,878
    ONCOR ELEC DELIVERY CO 90,664 83,312
    OSHKOSH CORP 35,450 36,363
    PACCAR FINANCIAL CORP 49,930 49,331
    PACKAGING COPR OF AMERIC 27,447 26,403
    PEPSICO INC 45,649 45,956
    PG E ENERGY RECOVERY 64,999 64,589
    PINNACLE WEST CAP CORP SR NT 85,141 83,604
    PROCTER GAMBLE CO THE 35,891 34,700
    PUBLIC SERVICE ELECTRIC 22,043 23,890
    QUANTA SVCS INC 20,012 19,336
    REPUBLIC SVCS INC 60,049 56,532
    ROPER TECHNOLOGIES INC 80,644 78,072
    T MOBILE USA INC 71,094 71,888
    TENNESSEE GAS PIPELINE 32,124 31,896
    TRANSCONT GAS PIPE LINE 57,184 54,928
    UNION PACIFIC RR CO 81,655 88,029
    UNITED PARCEL SERVICE INC SR NT 37,120 47,156
    VALERO ENERGY CORP SR NT 70,026 69,591
    VERIZON MASTER TR 2021 2 A B S SER 2021 2 CL A 79,966 79,599
    WALT DISNEY COMPANY THE 66,893 64,773
    WASTE CONNECTIONS INC 70,824 72,980
    WASTE MANAGEMENT INC 84,832 82,727
    WHIRLPOOL CORP 54,004 52,984
    WISCONSIN ENERGY CORP 48,172 52,120
    WW GRAINGER INC 50,629 50,933
    YALE UNIVERSITY 55,000 54,439

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    Name of Stock End of Year Book Value End of Year Fair Market Value
    APPLIED INDL TECHNOLOGIES 119,112 191,638
    ARROW ELECTRS INC 105,096 317,951
    BEACON ROOFING SUPPLY INC 174,690 190,976
    BJS WHOLESALE CLUB HOLDINGS INC 122,122 157,112
    BRADY CORPORATION CI A 73,633 79,610
    BRANDES INSTL EMG MKTS I 2,181,790 2,181,790
    CARLISLE COS INC 165,780 445,872
    CDK GLOBAL INC 130,632 108,566
    CONCENTRIX CORP 163,036 183,800
    DENTSPLY SIRONA INC 97,443 159,671
    DONALDSON CO INC 124,040 170,076
    FIRST CASH FINANCIAL SERVICES 200,639 307,619
    FLOWSERVE CORP 109,924 131,182
    FTI CONSULTING INC 187,254 246,546
    GATES INDUSTRIAL CORP PLC 85,026 82,843
    GENPACT LIMITED 150,890 412,803
    HERBALIFE NUTRITION LTD 165,981 127,702
    HOULIHAN LOKEY INC 171,960 321,016
    HUNTINGTON INGALLS INDUSTRIES 87,456 100,093
    INSIGHT ENTERPRISES INC 184,454 295,389
    INTERPUBLIC GROUP COS INC 193,755 387,345
    KBR INC 157,495 193,574
    LCI INDUSTRIES 172,509 187,044
    LGI HOMES INC 76,560 84,037
    MANPOWERGROUPE INC 79,032 120,203
    NTGI QM COMMON DAILY S&P 500 3,472,582 23,658,445
    NVENT ELECTRIC PLC 145,916 276,754
    PHILBRO ANIMAL HEALTH CORPORATION 121,270 97,179
    PLEXUS CORP 227,587 282,492
    PRIMERICA INC 185,411 209,673
    ROBERT HALF INTL INC 97,830 296,978
    SCHEIN HENRY INC 233,987 303,685
    SIMPSON MFG CO INC 126,623 154,507
    SKECHERS U S A INC 209,773 194,085
    SMITH A O CORP 46,177 106,196
    TRIMAS CORP 209,643 319,347
    TRINITY INDS INC 99,918 136,776
    WHITE MTNS INS GROUP LTD 86,930 100,376
    WOODWARD INC 47,791 128,068
    ZIONS BANKCORPORATION 175,358 332,853

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    US Government Securities - End of Year Book Value:

    4,293,125
    US Government Securities - End of Year Fair Market Value:

    4,297,663
    State & Local Government Securities - End of Year Book Value:


    764,208
    State & Local Government Securities - End of Year Fair Market Value:


    796,402


    TY 2021 InvestmentsOtherSchedule2
    Name:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ABERDEEN US PRIVATE EQUITY VIII AT COST 417,971 782,020
    ADAMS ST PTNRS 2006 DIRECT FUND LP AT COST 109,609 113,169
    ADAMS ST PTNRS 2006 NON US FUND LP AT COST 625,620 238,945
    ADAMS ST PTNRS 2006 US FUND LP AT COST 872,815 439,523
    ADAMS ST PTNRS 2007 DIRECT FUND LP AT COST 177,849 252,114
    ADAMS ST PTNRS 2007 NON US FUND LP AT COST 658,553 691,547
    ADAMS ST PTNRS 2007 US FUND LP AT COST 766,565 738,255
    ADAMS ST PTNRS 2008 DIRECT FUND LP AT COST 197,592 368,282
    ADAMS ST PTNRS 2008 NON US FUND LP AT COST 1,184,928 1,476,931
    ADAMS ST PTNRS 2008 US FUND LP AT COST 892,095 1,734,372
    ADAMS STREET 2012 GLOBAL FUND LP AT COST 810,763 1,893,459
    ADAMS STREET 2016 GLOBAL FUND LP AT COST 1,146,482 2,190,829
    ADAMS STREET 2017 GLOBAL FUND LP AT COST 1,289,259 2,040,508
    ADAMS STREET 2018 GLOBAL FUND LP AT COST 900,243 1,753,076
    ADAMS STREET CO-INV FD III A L AT COST 2,375,486 6,398,689
    BARINGS INTL SMALL CAP AT COST 4,813,933 5,705,281
    COMMONFUND CAP NAT RES IX LP AT COST 1,305,561 1,235,212
    COMMONFUND CAP NAT RES VIII LP AT COST 851,173 294,464
    COMMONFUND CAP NATURAL PTNRS X LP AT COST 665,510 655,942
    EMERGING WORLD INV LP AT COST 1,900,000 3,450,619
    FRACTIONAL CUSIP AT COST 13 0
    HIG ADVANTAGE BUYOUT FUND AT COST 583,109 780,704
    HIG BAYSIDE LOAN OPPORTUNITY FEEDER FUND VI LP AT COST 261,391 266,856
    HOWARD HUGHES CORP AT COST 179,220 188,802
    KENNEDY WILSON HOLDINGS INC AT COST 164,149 221,606
    NEUBERGER BERMAN US EQUITY AT COST 4,500,000 6,096,368
    OCTAGON SENIOR SECURED CREDIT CAYMAN FUND LTD AT COST 6,924,741 6,999,947
    TOP TIER CAPITAL AT COST 1,165,549 1,165,549
    TRITON INTERNATIONAL LTD AT COST 16,930 17,166
    UBS TRUMBULL PROPERTY FUND AT COST 3,962,430 5,255,077
    VARIOUS MINERAL INTERESTS AT COST 2 2
    WEATHERLOW OFFSHORE FD I CL I AT COST 2,204,052 6,701,039
    WEATHERLOW OFFSHORE FD I CL II AT COST 1,196,287 2,409,581

    TY 2021 LegalFeesSchedule
    Name:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 7,491 0   7,491


    TY 2021 OtherDecreasesSchedule
    Name:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    Description Amount
    PRIOR PERIOD ADJUSTMENT 3,536,718


    TY 2021 OtherExpensesSchedule
    Name:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 24,019 0   24,019
    PARTNERSHIP K1 INVESTMENT EXPENSES 0 440,719   0
    NORTHERN TRUST INVESTMENT EXPENSES 0 344,329   0
    MISCELLANEOUS EXPENSES 5,129 0   5,129


    TY 2021 OtherIncomeSchedule2
    Name:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER PARTNERSHIP INCOME   1,025,365  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT 319,692 319,692   0
    PHILANTHROPIC CONSULTANT 152,400 0   152,400
    INVESTMENT CONSULTANT 83,425 83,425   0
    ADMINISTRATIVE CONSULTANT 230,700 0   230,700
    OTHER PROFESSIONAL FEES 4,826 0   4,826


    TY 2021 TaxesSchedule
    Name:
    I A O'SHAUGHNESSY FOUNDATION
    EIN:
    41-6011524
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 139,000 0   0
    FOREIGN TAXES 0 104,834   0