TY 2022 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022

Name of foundation
C K BLANDIN RESIDUARY TRUST
C/O WELLS FARGO BANK NA

Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD 3RD FL
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118

A Employer identification number

41-6012374

B Telephone number (see instructions)

(855) 739-2922

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$417,544,105J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	12,662,547		9,578,491
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		38,623,522
b	Gross sales price for all assets on line 6a 196,262,263
7	Capital gain net income (from Part IV, line 2)...			46,922,474
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).......	List of Attached Documents: // Content	8,299	2,687,634
12	Total. Add lines 1 through 11........	51,294,368		59,188,599
13	Compensation of officers, directors, trustees, etc.	1,400,677		1,219,009	181,668
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	141,677	0	141,677
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	124,004	2,500	121,504
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	724,526	724,526	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,403,517	270,175	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	58,020	17,926	25
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	3,852,421		2,234,136	444,874
25	Contributions, gifts, grants paid.......	21,607,006			21,607,006
26	Total expenses and disbursements. Add lines 24 and 25	25,459,427		2,234,136	22,051,880
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	25,834,941
b	Net investment income (if negative, enter -0-)			56,954,463
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2022)

Form 990-PF (2022)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	28,550,182	39,628,308	39,628,308
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	18,131,453	List of Attached Documents: // Content 24,152,983	21,391,961
	b	Investments—corporate stock (attach schedule).......	156,329,486	List of Attached Documents: // Content 173,456,592	189,205,748
	c	Investments—corporate bonds (attach schedule).......	18,986,458	List of Attached Documents: // Content 12,115,387	10,260,172
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	154,312,865	List of Attached Documents: // Content 152,803,729	157,057,916
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	376,310,444	402,156,999	417,544,105
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	376,310,444	402,156,999
	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).....	376,310,444	402,156,999
	30	Total liabilities and net assets/fund balances (see instructions).	376,310,444	402,156,999

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

376,310,444

Enter amount from Part I, line 27a .....................

25,834,941

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

11,614

Add lines 1, 2, and 3 ..........................

402,156,999

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

402,156,999

Form 990-PF (2022)

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	PUBLICLY TRADED SECURITIES	P
b	ASPEN TECHNOLOGIES - CASH IN LIEU OF MERGER	P	2021-01-01	2022-05-17
c	FLOW-THROUGH FROM PARTNERSHIPS	P	2021-01-01	2022-12-31
d	LOSS ON DISPOSITION OF ANRP II 892/TE (CONDUIT AIV P-I), LP	P	2021-01-01	2022-12-31
e	DISTRIBUTION IN EXCESS OF BASIS - EUROPEAN STRATEGIC PARTNERS II 'B', L.P.	P	2021-01-01	2022-12-31
	EURO SPOT	P	2021-01-01	2022-12-31
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	187,518,006	149,265,202	38,252,804
b	363,572		363,572
c	8,211,603		8,211,603
d			-7,559
e			94,908
	155,162	161,937	-6,774
	13,920		13,920

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			38,252,804
b			363,572
c			8,211,603
d			-7,559
e			94,908
			-6,774
			13,920

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	46,922,474
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 ...................		3

Form 990-PF (2022)

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	791,667
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	791,667
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	791,667
6	Credits/Payments:

a	2022 estimated tax payments and 2021 overpayment credited to 2022	6a	749,179
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	500,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	1,249,179
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	457,512
11	Enter the amount of line 10 to be: Credited to 2023 estimated tax457,512	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2022)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

WELLS FARGO BANK NA Telephone no. right arrow

(888) 730-4933

Located at right arrow

100 N MAIN STREETWINSTONSALEMNC ZIP+4 right arrow

27101

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2022, 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 right arrow

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

Yes

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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 2022? .............

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)):

At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2022?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2022 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 2022.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2022? ..

Form 990-PF (2022)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

Yes

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

Yes

If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment

List of Attached Documents:

// Content

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)
WELLS FARGO BANK NA	TRUSTEE 1.00	1,348,677
430 N WABASHA ST FLR 3 ST PAUL,MN55101	TRUSTEE 1.00	1,348,677
JIM HOOLIHAN	TRUSTEE 4.25	52,000
917 NW 4TH AVE GRAND RAPIDS,MN55744	TRUSTEE 4.25	52,000

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...................				0

Form 990-PF (2022)

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
TIMES SQUARE CAPITAL MANAGEMENT	INVESTMENT MANAGER	191,856
7 TIMES SQUARE NEW YORK,NY10036	INVESTMENT MANAGER	191,856
TAFT STETTINIUS & HOLLISTER LLP	ATTORNEY	141,677
2200 IDS CENTER 80 SOUTH EIGHTH STREET MINNEAPOLIS,MN55402	ATTORNEY	141,677
COHO PARTNERS LTD	INVESTMENT MANAGER	130,078
300 BERWYN PARK 801 CASSATT ROAD SUITE 100 BERWYN,PA19312	INVESTMENT MANAGER	130,078
RSM US LLP	ACCOUNTING SERVICES	124,004
227 W 1ST ST STE 700 DULUTH,MN55802	ACCOUNTING SERVICES	124,004
EDGEWOOD MANAGEMENT LLC	INVESTMENT MANAGER	85,005
535 MADISON AVE 15TH NEW YORK,NY10022	INVESTMENT MANAGER	85,005

Total number of others receiving over $50,000 for professional services............. right arrow

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......................... right arrow

Form 990-PF (2022)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

435,531,863

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

435,531,863

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

435,531,863

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

6,532,978

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

428,998,885

Minimum investment return. Enter 5% (0.05) of line 5................

21,449,944

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.)

Minimum investment return from Part IX, line 6..................

21,449,944

Tax on investment income for 2022 from Part V, line 5.......

791,667

Income tax for 2022. (This does not include the tax from Part V.) ...

381,062

Add lines 2a and 2b............................

1,172,729

Distributable amount before adjustments. Subtract line 2c from line 1............

20,277,215

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

20,277,215

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

20,277,215

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

22,051,880

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

22,051,880

Form 990-PF (2022)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2021	(c) 2021	(d) 2022
1 Distributable amount for 2022 from Part X, line 7					20,277,215
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2017......
b From 2018......
c From 2019......	596,659
d From 2020......	79,210
e From 2021......
f Total of lines 3a through e ........		675,869
4Qualifying distributions for 2022 from Part
XI, line 4: $ 22,051,880
a Applied to 2021, 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 2022 distributable amount.....					20,277,215
e Remaining amount distributed out of corpus		1,774,665
5 Excess distributions carryover applied to 2022.		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		2,450,534
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 2021. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2022. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2023 ..........					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 2017 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2023. Subtract lines 7 and 8 from line 6a ......		2,450,534
10 Analysis of line 9:
a Excess from 2018....
b Excess from 2019....	596,659
c Excess from 2020....	79,210
d Excess from 2021....
e Excess from 2022....	1,774,665

Form 990-PF (2022)

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 2022, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2022	(b) 2021	(c) 2020	(d) 2019	(e) Total

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 right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (2022)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
C K BLANDIN FOUNDATION 100 N POKEGAMA AVENUE GRAND RAPIDS,MN55744	N/A	PF	TO SUPPORT DIRECT CHARITABLE ACTIVITIES, GRANTMAKING, AND SCHOLARSHIPS	21,607,006
Total ................................. 3a				21,607,006

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2022)

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	12,662,547
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 .....			01	768
8 Gain or (loss) from sales of assets other than inventory ............			18	38,623,522
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aSTATE TAX REFUNDS			01	7,531
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		51,294,368	0

13Total. Add line 12, columns (b), (d), and (e)..................

51,294,368

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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 (2022)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2022)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2022 AccountingFeesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	124,004	2,500		121,504

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2022 ExpenditureResponsibilityStmt

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Grantee's Name	Grantee's Address	Grant Date	Grant Amount	Grant Purpose	Amount Expended By Grantee	Any Diversion By Grantee?	Dates of Reports By Grantee	Date of Verification	Results of Verification
C K BLANDIN FOUNDATION	100 N POKEGAMA AVENUE GRAND RAPIDS,MN55744	2021-12-31	19,879,993	FOR THE GENERAL SUPPORT OF THE C. K. BLANDIN FOUNDATION	19,879,993	NONE	10/4/22	2022-10-04	THE TRUSTEES OF THE BLANDIN RESIDUARY TRUST ARE ROUTINELY GIVEN COPIES OF THE FINANCIAL REPORTS OF THE BLANDIN FOUNDATION EXPENDITURES. TO THE KNOWLEDGE OF THIS TRUST'S TRUSTEES, AND BASED ON THE INFORMATION AVAILABLE TO THEM, NO PORTION OF THE GRANTS MADE HAVE BEEN USED FOR OTHER THAN THE INTENDED PURPOSES OF THE GRANT. IN ADDITION, THE FOUNDATION HAS PROVIDED DETAILED REPORTS OF THE AMOUNTS THE FOUNDATION EXPENDED IN THE SUCCESSIVE YEAR AS QUALIFYING DISTRIBUTIONS VIA GRANTS PAID OUT AND ADMINISTRATIVE EXPENSES, AND THE TOTAL AMOUNT IN THE FOUNDATION'S CORPUS AS OF THE BEGINNING OF THE SUCCESSIVE YEAR FROM THE FIVE YEARS PRIOR TO THE SUCCESSIVE YEAR. THE DETAILED REPORTS OF THE GRANTS AND SCHOLARSHIPS PAID INCLUDE THE REPORTING NAME AND ADDRESSES OF GRANTEES, AND THE DATE EACH GRANT WAS DISBURSED.
C K BLANDIN FOUNDATION	100 N POKEGAMA AVENUE GRAND RAPIDS,MN55744	2022-12-31	21,607,006	FOR THE GENERAL SUPPORT OF THE C. K. BLANDIN FOUNDATION	21,607,006	NONE	9/18/23	2023-09-18	THE TRUSTEES OF THE BLANDIN RESIDUARY TRUST ARE ROUTINELY GIVEN COPIES OF THE FINANCIAL REPORTS OF THE BLANDIN FOUNDATION EXPENDITURES. TO THE KNOWLEDGE OF THIS TRUST'S TRUSTEES, AND BASED ON THE INFORMATION AVAILABLE TO THEM, NO PORTION OF THE GRANTS MADE HAVE BEEN USED FOR OTHER THAN THE INTENDED PURPOSES OF THE GRANT. IN ADDITION, THE FOUNDATION HAS PROVIDED DETAILED REPORTS OF THE AMOUNTS THE FOUNDATION EXPENDED IN THE SUCCESSIVE YEAR AS QUALIFYING DISTRIBUTIONS VIA GRANTS PAID OUT AND ADMINISTRATIVE EXPENSES, AND THE TOTAL AMOUNT IN THE FOUNDATION'S CORPUS AS OF THE BEGINNING OF THE SUCCESSIVE YEAR FROM THE FIVE YEARS PRIOR TO THE SUCCESSIVE YEAR. THE DETAILED REPORTS OF THE GRANTS AND SCHOLARSHIPS PAID INCLUDE THE REPORTING NAME AND ADDRESSES OF GRANTEES, AND THE DATE EACH GRANT WAS DISBURSED.

- TIN:

TY 2022 GeneralExplanationAttachment

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Identifier	Return Reference	Explanation
TRUSTEE COMPENSATION	FORM 990-PF, PART VII, LINE 1	THE CORPORATE TRUSTEE'S COMPENSTATION REPORTED IN COLUMN (C) IS CALCULATED BASED ON PERIODIC MARKET VALUES AND/OR THE APPLIABLE FEE ARRANGEMENT. IT IS NOT DETERMINDED ON AN HOURLY BASIS AND THE REFERENCE TO ONE HOUR PER WEEK IS A PLACEHOLDER ONLY. CORPORATE TRUSTEE SERVICES INCULDE, BUT ARE NOT LIMITED TO, ADMINISTRATIVE SERVICES SUCH AS FIDUCIARY ACCOUNTING, CUSTODY OF ASSETS, COMPLYING WITH TAX FILING REQUIREMENTS, COMPLYING WITH DISTRIBUTION PROVISIONS AND COMPLYING WITH FEDERAL AND STATE LAW APPLICABLE TO PRIVATE FOUNDATIONS, PLUS ASSET MANAGEMENT SERVICES SUCH AS CREATING ASSET ALLOCATION STRATEGIES, INVESTMENTS REPORTING, AND REALLOCATING AND REBALANCING OF PROFOLIOS AS NECESSARY.
2018-2020 FORMS 8986 ADJUSTMENT	FORM 990-PF, PART I, LINE 11	IN 2022, C. K. RESIDUARY TRUST RECEIVED FORMS 8986 FROM ONE OF ITS PARTNERSHIP INVESTMENTS THAT REPORTED ADJUSTMENTS RELATED TO TAX YEARS 2018, 2019, AND 2020. THE FOUNDATION CALCULATED THE CHANGE IN UNRELATED BUSINESS INCOME TAX AND NET INVESTMENT INCOME TAX AS A RESULT OF THESE ADJUSTMENTS. IN ACCORDANCE WITH THE FORM 990-T INSTRUCTIONS, THE CUMULATIVE CHANGE IN UNRELATED BUSINESS INCOME TAX IS REPORTED ON FORM 8978 WHICH IS ATTACHED TO THE FOUNDATION'S 2022 FORM 990-T.THE CUMULATIVE CHANGE IN NET INVESTMENT INCOME IS REPORTED ON THE FOUNDATION'S 2022 FORM 990-PF, PART I, LINE 11, COLUMN (B). DUE TO SOFTWARE LIMITATIONS, FORM 8978 COULD NOT BE ATTACHED TO FORM 990-PF.

- TIN:

TY 2022 InvestmentsCorpBondsSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Name of Bond	End of Year Book Value	End of Year Fair Market Value
VR GS MORTGAGE SECUR 4.466% 10/10/48	163,734	134,990
ISHARES TIPS BOND ETF	324,905	269,506
VIRGINIA ELEC & POWE 3.150% 1/15/26	323,808	285,291
MICROSOFT CORP 2.921% 3/17/52	407,072	300,688
NASDAQ INC 3.950% 3/07/52	335,940	303,908
AIR PRODUCTS & CHEMICALS	454,433	449,082
CAPITAL ONE FINANCIA 3.750% 3/09/27	547,214	484,607
MORGAN STANLEY 4.375% 1/22/47	761,352	507,762
DUKE ENERGY CORP 2.550% 6/15/31	747,526	651,848
HCP INC 3.500% 7/15/29	760,437	667,448
UBS COMMERCIAL MORTG 3.301% 10/15/50	835,083	711,885
VERIZON COMMUNICATIO 4.016% 12/03/2029	1,007,843	793,943
LOWE'S COS INC 3.100% 5/03/2027	884,268	837,891
MCDONALD'S CORP 3.700% 1/30/2026	987,635	923,628
GS MORTGAGE SECURITI 3.727% 3/10/51	1,129,531	932,885
ANTHEM INC	1,178,577	951,326
UNITEDHEALTH GROUP INC 4.750% 07/15/2045	1,266,029	1,053,484

- TIN:

TY 2022 InvestmentsCorpStockSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Name of Stock	End of Year Book Value	End of Year Fair Market Value
LUKOIL PJSC-SPON ADR	298,334	0
YANDEX NV	63,319	0
WOODSIDE ENERGY GROUP LTD ADR	56,234	63,648
XP INC - CLASS A	194,949	95,062
FANUC CORPORATION ADR	132,635	102,306
NOVOZYMES A/S UNSPONS ADR	110,665	104,906
DAIFUKU CO LTD - UNSP ADR	146,146	116,608
SHIMANO INC-UNSPON ADR	137,084	135,683
SONOVA HOLDIN-UNSPON ADR	110,687	139,783
PING AN INSURANCE-ADR	223,940	141,954
SHISEIDO CO., LTD. - ADR	140,088	145,961
CSPC PHARMACEUTICAL GROUP LTD ADR	175,134	147,749
SYSMEX CORP-UNSPON ADR	250,667	155,170
KUBOTA LIMITED - ADR	183,306	156,246
KOMATSU LIMITED - ADR	148,372	163,782
AIR LIQUIDE - ADR	124,803	163,841
KERINGIUNSPONSORED ADR	166,898	164,290
AMBEV SA	233,612	169,445
NITORI HLDGS CO LTD-UNSP	220,745	176,009
CANADIAN NATL RR CO COM	141,574	187,830
HDFC BANK LTD. - ADR	157,620	189,017
ENN ENERGY HOLDINGS-UNSP ADR	230,237	191,889
SHIONOGI & CO LTD-UNSPON	237,883	200,853
SYMRISE AG ADR	167,739	201,928
UNI CHARM CORPORATION ADR	172,655	202,995
ALFA LAVAL AB	195,425	203,104
PT TELEKOMUNIKASI INDONESIA TB - ADR	191,330	203,274
LINDE PLC	99,677	208,755
NESTLE S.A. REGISTERED SHARES - ADR	160,073	226,066
EPIROC AKTIEBOLAG	115,495	227,325
ALCON, INC.	211,902	229,917
BANCO BILBAO VIZCAYA ARGENT- ADR	267,387	242,365
CHUGAI PHARMACEUTICAL CO LTD	239,257	262,839
LONZA GROUP AG ADR	184,037	273,146
MANULIFE FINANCIAL CORP	272,188	281,408
APTARGROUP INC COM	243,987	281,879
CLEARWATER ANALYTICS HLDGS INC	314,573	284,550
SAP SE ADR	341,776	299,045
DRIL-QUIP INC COM	376,813	300,745
ROYAL DUTCH SHELL PLC ADR	290,616	315,275
ATRION CORP	395,130	317,768
DASSAULT SYSTEMES S.A. - ADR	273,541	325,003
RIO TINTO PLC - ADR	244,522	329,086
AMAZON	666,986	339,864
CME ENERGY CORP	519,447	355,995
MATCH GROUP INC NEW	840,149	356,067
ICICI BANK LTD. - ADR	161,374	359,893
TAIWAN SEMICONDUCTOR MANUFACTU - ADR	200,557	360,979
ALIGN TECHNOLOGY	766,083	373,293
PRICESMART INC	463,831	380,604
DONALDSON CO INC	288,784	383,185
TENCENT HOLDINGS LTD-UNS	462,977	395,685
ADYEN N.V.	267,300	399,745
FOMENTO ECONOMICO MEXICANO S.A.B. DE C.V. (FEMSA)	406,845	402,318
SCHNEIDER ELECTRIC SE.	285,795	409,111
ROCHE HOLDINGS LTD - ADR	324,822	416,125
BHP GROUP LTD-SPON ADR	534,284	422,623
LULULEMON ATHLETICA INC	470,558	433,154
AUTOHOME INC-ADR	488,493	437,396
BLACKSTONE	589,066	459,830
HAIER SMART HOME CO LTD ADR	483,849	462,725
ATLAS COPCO AB SPONSORED ADR NEW REPSTG COM SER A	259,189	481,959
INFINEON TECHNOLOGIES AG - ADR	322,450	527,444
HENRY JACK & ASSOC INC COM	406,002	534,229
LOREAL - ADR	409,034	539,467
BAXTER INTL INC	593,754	549,202
AMERICAN TOWER	657,539	570,963
DBS GROUP HOLDINGS LIMITED - ADR	405,416	581,965
MICROSOFT	760,852	593,315
ALLIANZ SE	636,459	608,086
LCI INDUSTRIES	866,471	641,695
AIA GROUP LTD-SP	507,785	643,613
BANCFIRST CORP	616,202	651,650
S&P GLOBAL INC	803,222	652,128
CHIPOTLE MEXICAN GRILL INC	746,076	661,833
PERRIGO CO PLC	797,123	666,698
ARTISAN PARTNERS ASSET MANAGEM	814,854	682,803
ASML HOLDING NV-NY REG SHS ADR	826,849	689,557
SERVICENOW INC	946,504	693,838
ASPEN TECHNOLOGY INC COM	502,894	699,387
ILLUMINA INC	1,192,471	702,038
ADOBE INC	956,682	725,559
MEDTRONIC PLC	1,169,789	743,081
INTUIT COM	925,031	762,093
RLI CORP COM	532,525	772,130
WALT DISNEY CO	1,032,548	777,315
TELEDYNE TECHNOLOGIES INC	592,788	791,022
DANAHER CORP	870,303	798,649
NETFLIX	912,403	801,189
GLOBAL PMTS INC W/I	1,288,128	811,246
ESTEE LAUDER COMPANIES INC	880,488	813,305
JM SMUCKER CO	634,156	820,664
MOELIS & CO	987,884	867,085
NVIDIA CORP	1,502,967	892,039
PHILIP MORRIS INTERNATIONAL IN	923,228	927,590
RIGHTMOVE PLC-UNSP ADR	1,120,461	931,127
CORVEL CORP	1,112,780	942,756
RBC BEARINGS INC	652,275	952,961
INTUITIVE SURGICAL INC	1,053,418	953,933
FACTSET RESH SYS INC COM	752,509	958,892
CONAGRA BRANDS INC	839,094	969,125
AMGEN INC	802,808	972,031
VISA INC	1,082,269	1,027,373
STATE STREET CORP	1,190,140	1,043,161
WATTS WATER TECHNOLOGIES INC	927,173	1,050,370
US BANCORP	1,466,863	1,062,252
MANHATTAN ASSOCIATES, INC	890,511	1,071,355
COCA COLA CO	927,665	1,072,019
GRACO INC	912,249	1,093,379
THERMO FISHER SCIENTIFIC INC	1,151,131	1,107,988
MARSH & MCLENNAN COS INC	1,065,664	1,117,983
UNITED PARCEL SERVICE-CL B	1,265,079	1,139,000
ACUSHNET HOLDINGS CORP	1,042,799	1,140,306
MONDELEZ INTERNATIONAL INC	1,062,255	1,160,243
FIRST HAWAIIAN INC	1,180,186	1,166,201
CHEVRON CORP	701,630	1,191,096
UNITEDHEALTH GROUP INC	920,524	1,197,146
LANDSTAR SYS INC COM	1,184,089	1,199,596
TORO CO	898,656	1,224,711
JOHNSON & JOHNSON	1,218,948	1,300,674
SIMPSON MFG INC COM	1,434,029	1,322,009
GRAINGER W W INC	1,006,926	1,344,456
PRIMERICA INC	1,022,798	1,354,665
MICROCHIP TECHNOLOGY INC COM	1,659,188	1,370,367
DOLLAR GENERAL CORP	1,234,576	1,407,565
LOWES CORP	1,497,213	1,420,780
SYSCO CORP	1,515,934	1,429,386
CVS HEALTH CORPORATION	1,382,238	1,433,821
ROSS STORES INC	1,459,593	1,523,999
AMERISOURCEBERGEN CORP	1,237,314	1,599,433
NIKE INC CL B	1,625,874	1,655,809
EMCOR GROUP INC COM	1,183,939	1,788,576
FTI CONSULTING INC COM	1,499,125	1,827,947
GQG PART EMERG MKTS EQ-INST	18,711,226	15,085,082
VANGUARD FTSE DEVELOPED MARKETS ETF	14,323,936	15,751,257
ABRDN BLOOMBERG ALL COMMODIT ETF	20,960,360	17,360,073
BLACKROCK DEVELOPED REAL ESTATE	21,202,961	17,449,274
VANGUARD 500 INDEX FD- AD	11,933,865	37,883,637

- TIN:

TY 2022 InvestmentsGovtObligationsSch

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

US Government Securities - End of Year Book Value:

22,797,983

US Government Securities - End of Year Fair Market Value:

20,295,933

State & Local Government Securities - End of Year Book Value:

1,355,000

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

1,096,028

- TIN:

TY 2022 InvestmentsOtherSchedule2

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
OAKTREE MEZZANINE FUND III LP	AT COST	1,972	1,972
MILL CITY FUND LP	AT COST	3,059	3,059
TOOLE CO., MONTANA, UNK RI	AT COST	1	3,329
OCM ASIA PRINCIPAL OPP FUND, LP	AT COST	4,658	4,658
EUROPEAN STRATEGIC PTNRS II 'B'	AT COST	7,392	7,392
EUROPEAN BUY-OUT OPP II, LP	AT COST	11,080	11,080
GUIDEPOST GROWTH EQUITY I LP	AT COST	12,520	12,520
NORTHSTAR MEZZANINE PTNRS V	AT COST	21,467	21,467
MINERVA NETWORKS INC SER AV PREFCH	AT COST	16,034	24,051
WISE PLC 1P CLASS A	AT COST	14,819	29,334
METROPOLITAN RE PTNRS INT'L II	AT COST	38,234	38,234
MINERVA NETWORKS INC SER AD PREFCH	AT COST	57,442	47,028
US VENTURE PARTNERS IX LP	AT COST	64,583	64,583
NORTH BRIDGE VENTURE PTNRS IV- A	AT COST	75,398	75,398
NEWFOUNDLAND TERRANOVA FUND	AT COST	82,861	80,497
NORTH BRIDGE VENTURE PTNRS V-A	AT COST	90,548	90,548
TCV VII LP	AT COST	97,068	97,068
PORTFOLIO ADVISORS SECONDARY FD	AT COST	103,950	103,950
NORTHERN SHIPPING III OFFSHORE	AT COST	111,857	111,857
THE LYME FOREST FD III, LP TAX-EXEMPT	AT COST	113,759	113,759
KINDERHOOK CAPITAL FUND II LP	AT COST	127,826	127,826
ENERGY CAP MEZZANINE OPPORT FD B	AT COST	137,682	137,682
NORTH BRIDGE VENTURE PTNRS IV	AT COST	146,258	146,258
PORTFOLIO ADVISORS PRIV EQ III	AT COST	158,361	158,361
FLEXICAT REINSURANCE PARTNERS LP	AT COST	127,896	182,504
NGP NATURAL RESOURCES X, LP	AT COST	283,795	283,795
EIG ENERGY FUND XV LP	AT COST	304,851	304,851
TRAILHEAD FUND, LP	AT COST	326,607	326,607
MERCED PARTNERS IV LP	AT COST	331,929	331,929
LONE STAR FUND VIII (US) LP	AT COST	332,981	332,981
PORTFOLIO ADV SECONDARY II OFFSHORE	AT COST	336,979	336,979
VARDE EUROPEAN REAL ESTATE FEEDER FD	AT COST	351,804	351,804
US VENTURE PARTNERS X, LP	AT COST	354,691	354,691
DRA GROWTH & INCOME FD VII LLC	AT COST	408,604	408,604
BROOKFIELD STRAT RE PRT IV ICAP OFFS	AT COST	457,975	457,975
INDUSTRY VENTURES PRTN HLDG VI LP	AT COST	552,256	552,256
NORTH BRIDGE VENTURE PTNRS V	AT COST	599,911	599,911
NORTH BRIDGE VENTURE PTNRS VI	AT COST	677,985	677,985
STERLING INVESTMENT PARTNERS IV	AT COST	724,778	724,778
WCP REAL ESTATE FUND III LP	AT COST	731,459	731,459
PRIME FINANCE SHORT DUR VI	AT COST	733,781	733,781
NWFNDLND TERRANOVA HARVESTING CL F	AT COST	800,954	797,870
HARBERT EUROPEAN RE FD V (SCOTLAND)	AT COST	838,043	838,043
NORTH BRIDGE VENTURE PTNRS VII	AT COST	916,136	916,136
APOLLO NATURAL RESOURCES PARTNERS II	AT COST	983,157	983,157
INSTITUTIONAL VENTURE PARTNERS XIV	AT COST	1,014,318	1,014,318
DBL PARTNERS IV	AT COST	1,130,107	1,130,107
INST VENTURE PARTNERS XVII LP	AT COST	1,279,182	1,279,182
HIG BAYSIDE LOAN OPP FEEDER FD VI LP	AT COST	1,306,664	1,306,664
BLUE VISTA RE PARTNERS V (TE)	AT COST	1,354,006	1,354,006
ARROWMARK GLOBAL OPP II CLASS B LTD	AT COST	1,369,133	1,369,133
ORBIMED ASIA PARTNERS IV	AT COST	1,388,244	1,388,244
GLOBAL TIMBER INVESTORS 10	AT COST	1,426,282	1,426,282
FRANCISCO PARTNERS VI-B LP	AT COST	1,460,327	1,460,327
DRA GROWTH AND INCOME FUND VIII LLC	AT COST	1,577,667	1,577,667
KSL CAPITAL PARTNERS V TE	AT COST	1,588,848	1,588,848
BLUE VISTA RE PARTNERS IV (TE) LP	AT COST	1,619,859	1,619,859
CERBERUS GLBL NPL FEEDER FUND	AT COST	1,634,311	1,634,311
LYME FOREST FD IV TE LP	AT COST	1,702,936	1,702,936
STERLING INVESTMENT PARTNERS III LP	AT COST	1,720,980	1,720,980
FRANCISCO PARTNERS IV-A	AT COST	2,080,370	2,080,370
RESOURCE CAPITAL FUND VII LP	AT COST	2,171,498	2,171,498
STRATEGIC PARTNERS FD OFFSHORE VIII	AT COST	2,191,701	2,191,701
PORT ADV SECONDARY FD IV (OFFSHORE)	AT COST	2,339,485	2,339,485
STRATEGIC PARTNERS OFFSHORE FD VII	AT COST	2,347,205	2,347,205
FRANCISCO PARTNERS V-B LP	AT COST	2,361,007	2,361,007
FRAZIER HLTHCARE GROWTH BUYOUT IX PV	AT COST	2,693,972	2,693,972
PORTFOLIO ADV SECONDARY III OFFSHORE	AT COST	2,749,921	2,749,921
ARROWMARK GLOBAL OPP FD III CL B LTD	AT COST	2,973,884	2,973,884
INDUSTRY VENTURES TECH BUYOUT	AT COST	3,206,231	3,206,231
NGP NATURAL RESOURCES XI LP	AT COST	3,238,604	3,238,604
INSTITUTIONAL VENTURE PRTNRS XVI	AT COST	3,316,542	3,316,542
CIP VI INSTITUTIONAL FEEDER LP	AT COST	3,473,225	3,473,225
ORBIMED ASIA PARTNERS III LP	AT COST	3,572,114	3,572,114
INSTITUTIONAL VENTURE PARTNERS XV LP	AT COST	3,984,598	3,984,598
STRATEGIC VALUE RESTRUCTURING LTD	AT COST	3,510,456	4,161,110
LYME FOREST FUND V FB TAX-EXEMPT LP	AT COST	4,355,945	4,355,945
ROSE GROVE OFFSHORE FD I LTD	AT COST	4,000,000	4,561,520
DBL PARTNERS III LP	AT COST	5,141,223	5,141,223
INDUSTRY VENTURES PRTNRS HLDGS V	AT COST	5,347,483	5,347,483
SPF SECURITIZED PRODUCTS FUND LTD	AT COST	6,100,000	6,890,917
TIG ARBITRAGE ENHANCED LTD SER 2	AT COST	10,400,000	11,583,379
NORTH ROCK FUND LTD	AT COST	17,000,000	18,766,081
LSV INTL CONCENTRATED EQUITY LP	AT COST	20,000,000	19,237,030

- TIN:

TY 2022 LegalFeesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL	141,677	0		141,677

- TIN:

TY 2022 OtherExpensesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
ADR INVESTMENT FEES	17,926	17,926	0
MISCELLANEOUS EXPENSES	185	0	0
MN AG FILING FEE	25	0	25
INSURANCE	39,884	0	0

- TIN:

TY 2022 OtherIncomeSchedule2

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ROYALTY INCOME - SOMONT	768	0	768
PARTNERSHIP INCOME - UBI		-625,268
PARTNERSHIP INCOME		3,291,776
REFUND OF INVESTMENT MANAGEMENT FEES- STERLING		6,162
2018-2020 FORMS 8986 ADJUSTMENT NET OF UBI ADJUSTMENT		14,964
STATE TAX REFUNDS	7,531		7,531

- TIN:

TY 2022 OtherIncreasesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Description	Amount
CARRYING VALUE ADJUSTMENTS	11,614

- TIN:

TY 2022 OtherProfessionalFeesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income
INVESTMENT MANAGEMENT FEES - EDGEWOOD MGMT LLC	85,005	85,005
INVESTMENT MANAGEMENT FEES - TIMES SQUARE CAPITAL	191,856	191,856
INVESTMENT MANAGEMENT FEES - KAYNE ANDERSON RUDNIK	84,164	84,164
INVESTMENT MANAGEMENT FEES - PRINCIPAL GLOBAL INVESTORS	7,949	7,949
INVESTMENT MANAGEMENT FEES - WGI EMERGING MARKETS	47,929	47,929
INVESTMENT MANAGEMENT FEES - SPRUCEGROVE	34,175	34,175
CONSULTANT FEES - DEMARCHE	78,332	78,332
INVESTMENT MANAGEMENT FEES - HARDING LOEVNER LP	65,038	65,038
INVESTMENT MANAGEMENT FEES - COHO PARNTER LTP	130,078	130,078

- TIN:

TY 2022 TaxesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	62,346	270,175		0
FEDERAL AND STATE TAXES	1,341,171	0		0