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 03-01-2021 , and ending 02-28-2022
Name of foundation
DRISCOLL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)30 E 7TH STREET SUITE 2000
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST PAUL, MN551014930
A Employer identification number

41-6012065
B Telephone number (see instructions)

(651) 228-0935
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$37,908,658J 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) 40,345
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,022,069 927,886  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,938,748
b Gross sales price for all assets on line 6a 4,563,196
7 Capital gain net income (from Part IV, line 2)... 3,240,034
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 559,954 508,361  
12 Total. Add lines 1 through 11........ 3,561,116 4,676,281  
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 6,486 0   6,486
b Accounting fees (attach schedule)....... Click to see attachment 126,891 17,331   108,060
c Other professional fees (attach schedule).... Click to see attachment 5,500 0   5,500
17 Interest...............   7,134    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 164,922 18,352   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 26 204,613   26
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 303,825 247,430   120,072
25 Contributions, gifts, grants paid....... 1,374,728 1,374,728
26 Total expenses and disbursements. Add lines 24 and 25 1,678,553 247,430   1,494,800
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,882,563
b Net investment income (if negative, enter -0-) 4,428,851
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet350,000
Less: allowance for doubtful accounts bullet   450,000 350,000 350,000
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 15,548,278 Click to see attachment16,495,603 21,539,053
c Investments—corporate bonds (attach schedule)....... 4,834,594 Click to see attachment6,325,576 6,142,749
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,745,352 Click to see attachment5,425,998 9,876,856
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment-754,844 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,823,380 28,597,177 37,908,658
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........ 26,823,380 28,597,177
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)..... 26,823,380 28,597,177
30 Total liabilities and net assets/fund balances (see instructions). 26,823,380 28,597,177
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
26,823,380
2
Enter amount from Part I, line 27a .....................
2
1,882,563
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3
4
Add lines 1, 2, and 3 ..........................
4
28,705,946
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
108,769
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
28,597,177
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 PUBLICLY TRADED SECURITIES P    
b WASH SALES P    
c LONG TERM DISTRIBUTION P    
d PROVIDE, INC. SRS A PFD P    
e NON-MARKETABLE GAIN/LOSS P    
SPELL CAPITAL MEZZANINE - LTCG P    
SPELL CAPITAL MEZZANINE - SEC. 1231 LOSS P    
SPELL CAPITAL MEZZANINE II - STCL P    
SPELL CAPITAL MEZZANINE II - LTCG P    
SPELL CAPITAL MEZZANINE II - SEC. 1231 GAIN P    
CPOF III - STCG P    
CPOF III - LTCG P    
CPOF III - SEC. 1231 GAIN P    
CPOF III - SEC. 1256 GAIN P    
SONEN GLOBAL - STCG P    
SONEN GLOBAL - LTCG P    
CPOF IV - STCL P    
CPOF IV - LTCG P    
CPOF IV - SEC. 1231 GAIN P    
CPOF IV - SEC. 1256 GAIN P    
CPOF V - STCL P    
CPOF V - LTCG P    
CPOF V - SEC. 1231 LOSS P    
CPOF V - SEC. 1256 GAIN P    
CPOF VI - STCL P    
CPOF VI - LTCG P    
CPOF VI - SEC. 1231 LOSS P    
CPOF VII - STCG P    
COF - STCG P    
COF - LTCG P    
HARVEST MLP - STCG P    
HARVEST MLP - LTCG P    
HARVEST MLP - SEC. 1231 LOSS P    
HARVEST MLP - PARTNERSHIP DISPOSITION P    
POTLATCHDELTIC - NONDIVIDEND DISTRIBUTION IN EXCESS OF BASIS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,150,444   1,030,103 120,341
b 163     163
c 744,174     744,174
d 1,349,420   250,000 1,099,420
e 34,902   34,902 0
36,089     36,089
    98 -98
    8 -8
57,601     57,601
51     51
71     71
50,926     50,926
128     128
104     104
51,778     51,778
151,300     151,300
    6,556 -6,556
114,123     114,123
18     18
557     557
17,524     17,524
573,752     573,752
    890 -890
947     947
    586 -586
53,231     53,231
    14 -14
59     59
19,785     19,785
67,524     67,524
83,001     83,001
2,740     2,740
    5 -5
      0
2,784     2,784
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       120,341
b       163
c       744,174
d       1,099,420
e       0
      36,089
      -98
      -8
      57,601
      51
      71
      50,926
      128
      104
      51,778
      151,300
      -6,556
      114,123
      18
      557
      17,524
      573,752
      -890
      947
      -586
      53,231
      -14
      59
      19,785
      67,524
      83,001
      2,740
      -5
      0
      2,784
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 3,240,034
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 61,561
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 61,561
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 69,811
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,100
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 72,911
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,350
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet11,350 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
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 addressbulletN/A
    14
    The books are in care ofbulletFIDUCIARY COUNSELLING INC Telephone no.bullet (651) 228-0935

    Located atbullet30 E 7TH STREET SUITE 2000ST PAULMN ZIP+4bullet551014930
    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)
    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)
     
    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
    Yes
     
    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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    ELIZABETH S DRISCOLL DIRECTOR
    1.00     		0 0 0
    30 E 7TH STREET SUITE 2000
    ST PAUL,MN551014930
    JEFF RTOLZIN SECRETARY/TREASURER
    1.00     		0 0 0
    30 E 7TH STREET SUITE 2000
    ST PAUL,MN551014930
    JOHN B DRISCOLL DIRECTOR
    1.00     		0 0 0
    30 E 7TH STREET SUITE 2000
    ST PAUL,MN551014930
    MARGARET L DRISCOLL DIRECTOR
    1.00     		0 0 0
    30 E 7TH STREET SUITE 2000
    ST PAUL,MN551014930
    WILLIAM L DRISCOLL DIRECTOR
    1.00     		0 0 0
    30 E 7TH STREET SUITE 2000
    ST PAUL,MN551014930
    ELIZABETH D HLAVKA PRESIDENT/DIRECTOR
    1.00     		0 0 0
    30 E 7TH STREET SUITE 2000
    ST PAUL,MN551014930
    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
    FIDUCIARY COUNSELLING INC ACCOUNTING & TAX 126,891
    30 E 7TH STREET SUITE 2000
    ST PAUL,MN551014930
    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 N/A 0
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NOT APPLICABLE 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 100,000
    Total. Add lines 1 through 3.........................bullet100,000
    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
    27,234,998
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    11,458,327
    d
    Total (add lines 1a, b, and c).........................
    1d
    38,693,325
    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
    38,693,325
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    580,400
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    38,112,925
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,905,646
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,905,646
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    61,561
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    61,561
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,844,085
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,844,085
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,844,085
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,844,085
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020...... 5,937,149
    f Total of lines 3a through e ........ 5,937,149
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,594,800
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,594,800
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 249,285 249,285
    (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 5,687,864
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		5,687,864
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020.... 5,687,864
    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).)
    ELIZABETH S DRISCOLL
    ELIZABETH D HLAVKA
    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
    AMERICAN ACADEMY OF FAMILY PHYSICIANS FOUNDATION
    11400 TOMAHAWK CREEK PARKWAY STE
    440
    LEAWOOD,KS662112680     		NONE PC RESEARCH 5,000
    AMERICAN UNIVERSITY IN CAIRO
    200 PARK AVENUE SUITE 1700
    NEW YORK,NY101660005     		NONE PC THE ANNUAL FUND 5,000
    ANNIE WRIGHT SCHOOL
    827 N TACOMA AVE
    TACOMA,WA984032832     		NONE PC IN SUPPORT OF THE LIVE AUCTION 10,000
    ANNIE WRIGHT SCHOOL
    827 N TACOMA AVE
    TACOMA,WA984032832     		NONE PC THE POOL AND UPPER BOYS' SCHOOL BUILDING AND 5-YEAR PLEDGE OF $232,666.67 4,000
    ASIA PACIFIC CULTURAL CENTER
    4851 SOUTH TACOMA WAY
    TACOMA,WA984094446     		NONE PC THE BUILDING PROJECT 10,000
    AVENUES FOR YOUTH
    1708 OAK PARK AVE N
    MINNEAPOLIS,MN554113944     		NONE PC OPERATING EXPENSES 2,000
    AVON HILLS FOLK SCHOOL
    31556 181ST AVE
    AVON,MN563109644     		NONE PC GENERAL OPERATING SUPPORT 2,500
    BATES COLLEGE
    2 ANDREWS ROAD
    LEWISTON,ME042400000     		NONE PC THE ANNUAL FUND 1,000
    BENNINGTON COLLEGE
    RT 67A 1 COLLEGE DRIVE
    BENNINGTON,VT052010000     		NONE PC OPERATING EXPENSES 5,000
    CAMARGO FOUNDATION
    550 VANDALIA ST STE 109
    SAINT PAUL,MN551141942     		NONE PC BOARD-DESIGNATED FUND FOR PROPERTY 10,000
    CAMERON AND HAYDEN LORD FOUNDATION
    110 RIVERSIDE DR APT 12C
    NEW YORK,NY100243733     		NONE PF UNRESTRICTED SUPPORT IN HONOR OF CAMERON AND HAYDEN AND THEIR AMAZING FAMILIES 5,000
    CAMP KOOCH I CHING
    3515 MICHIGAN AVE
    CINCINNATI,OH452081409     		NONE PC SCHOLARSHIPS FOR CAMP KOOCH I CHING 2,500
    CARLETON COLLEGE
    1 N COLLEGE ST
    NORTHFIELD,MN550574001     		NONE PC THE AREA OF GREATEST NEED 5,000
    CHATHAM HALL
    800 CHATHAM HALL CIR
    CHATHAM,VA245313084     		NONE PC THE ANNUAL FUND 1,000
    CHILDREN'S HOME & FAMILY SERVICES
    2485 COMO AVE
    SAINT PAUL,MN551081445     		NONE PC THE ANNUAL FUND 1,000
    CHILDREN'S MUSEUM OF TACOMA - GREENTRIKE
    1501 PACIFIC AVE STE 202
    TACOMA,WA984023317     		NONE PC GENERAL OPERATING SUPPORT IN HONOR OF LISA HOFFMAN'S LEADERSHIP 75,000
    CITIZENS UNITED FOR RESEARCH IN EPILEPSY (CURE)
    420 N WABASH AVENUE SUITE 650
    CHICAGO,IL60611     		NONE PC OPERATING EXPENSES IN HONOR OF HENRY WALTER 10,000
    COLORADO COLLEGE
    14 EAST CACHE LA POUDRE STREET
    COLORADO SPRINGS,CO809033243     		NONE PC THE AREA OF GREATEST NEED 5,000
    COLORADO PUBLIC RADIO
    7409 S ALTON CT
    CENTENNIAL,CO801122301     		NONE PC GENERAL OPERATING SUPPORT 10,000
    COLORADO SHAKESPEARE FESTIVAL GUILD
    277 UCB
    BOULDER,CO80309     		NONE PC GENERAL OPERATING SUPPORT 5,000
    COMMUNITY FOUNDATION OF THE SAN LUIS VALLEY
    610 STATE AVENUE
    ALAMOSA,CO811012687     		NONE PC UNRESTRICTED SUPPORT 10,000
    COMMUNITY FOUNDATION SERVING BOULDER COUNTY
    1123 SPRUCE ST
    BOULDER,CO803024001     		NONE PC THE BOULDER COUNTY WILDFIRE FUND 16,500
    COMMUNITY RESOURCE CENTER
    789 N SHERMAN ST STE 210
    DENVER,CO802033530     		NONE PC GENERAL OPERATING SUPPORT 5,000
    COMMUNITYGIVING
    101 7TH AVE S 100
    ST CLOUD,MN56301     		NONE PC ALEXANDRIA AREA COMMUNITY FOUNDATION GENERAL SUPPORT 5,000
    COURAGEOUS PARENTS NETWORK
    21 ROCHESTER RD
    NEWTON,MA024582517     		NONE PC GENERAL OPERATING SUPPORT 5,000
    DAVIS PHINNEY FOUNDATION
    357 S MCCASLIN BLVD SUITE 105
    LOUISVILLE,CO80027     		NONE PC THE ANNUAL FUND 5,000
    DAWSON SCHOOL
    10455 DAWSON DRIVE
    LAFAYETTE,CO80026     		NONE PC THE ANNUAL FUND 10,000
    DENVER ART MUSEUM
    100 W 14TH AVENUE PKWY PO BOX 17765
    DENVER,CO802042713     		NONE PC GENERAL OPERATING SUPPORT 15,000
    DENVER HEALTH FOUNDATION
    601 BROADWAY MC 0111
    DENVER,CO80203     		NONE PC RESTRICTED TO THE RESEARCH PROJECT OF DR. ROBERT D. KEELEY, MD, MSPH, ENTITLED MOTIVATION INTERVIEWS ADAPTED FOR DEPRESSION TREATMENT IN PRIMARY CARE 15,000
    DOCTORS WITHOUT BORDERS USA INC
    40 RECTOR ST 16TH FL
    NEW YORK,NY100061751     		NONE PC UNRESTRICTED SUPPORT 5,000
    DODGE NATURE CENTER
    365 MARIE AVE W
    WEST ST PAUL,MN55118     		NONE PC THE CAPITAL CAMPAIGN AND IS A 5-YEAR PLEDGE OF $250,000 50,000
    DODGE NATURE CENTER
    365 MARIE AVE W
    WEST ST PAUL,MN55118     		NONE PC THE ANNUAL FUND 5,000
    ECO-CYCLE
    1901 63RD ST
    BOULDER,CO803012953     		NONE PC GENERAL OPERATING SUPPORT 5,000
    FAMILY PARTNERSHIP
    1527 EAST LAKE STREET
    MINNEAPOLIS,MN554076700     		NONE PC THE CAPITAL CAMPAIGN AND IS A 3-YEAR PLEDGE OF $100,000 25,000
    FRIENDS OF THE MISSISSIPPI RIVER
    101 5TH ST E STE 2000
    SAINT PAUL,MN551011131     		NONE PC OPERATING EXPENSES ($10,000) AND THE OUR RIVER CAMPAIGN ($25,000) 35,000
    FRIENDS OF THE ST PAUL PUBLIC LIBRARY
    1080 MONTREAL AVE STE 2
    SAINT PAUL,MN551162692     		NONE PC THE ANNUAL FUND 5,000
    GREAT RIVER GREENING
    251 STARKEY ST STE 2200
    SAINT PAUL,MN551071874     		NONE PC OPERATING EXPENSES 10,000
    GREATER TWIN CITIES UNITED WAY
    404 S EIGHTH ST
    MINNEAPOLIS,MN554041027     		NONE PC THE ANNUAL FUND 20,000
    HEALTH STORY COLLABORATIVE
    105 COOLIDGE HL
    CAMBRIDGE,MA021385501     		NONE PC GENERAL OPERATING SUPPORT 1,500
    HOTCHKISS SCHOOL
    11 INTERLAKEN RD
    LAKEVILLE,CT060392141     		NONE PC GENERAL OPERATING SUPPORT 2,500
    HOUSE OF HOPE PRESBYTERIAN CHURCH
    797 SUMMIT AVENUE
    ST PAUL,MN55105     		NONE PC THE ANNUAL FUND 5,000
    INTERNATIONAL INSTITUTE OF MINNESOTA
    1694 COMO AVE
    SAINT PAUL,MN551082710     		NONE PC THE CAPITAL CAMPAIGN 25,000
    IPODERAC'S CHILDREN FUND
    PO BOX 371042
    DENVER,CO802375042     		NONE PC GENERAL OPERATING SUPPORT 2,500
    LA COMPAGNIE
    PO BOX 50864
    MENDOTA,MN551501417     		NONE PC KEGS AND CASKS 2,500
    LEGACY OF THE LAKES MUSEUM
    PO BOX 1216
    ALEXANDRIA,MN56308     		NONE PC THE BOATHOUSE DECK ($15,000) AND PLANTS AND TREES ($10,000) 25,000
    MACALESTER COLLEGE
    1600 GRAND AVE
    SAINT PAUL,MN551051801     		NONE PC THE ANNUAL FUND 1,000
    MENTAL HEALTH ASSOCIATION OF COLORADO
    1120 N LINCOLN ST STE 1606
    DENVER,CO802032141     		NONE PC UNRESTRICTED SUPPORT 10,000
    MINNEAPOLIS COLLEGE OF ART & DESIGN
    2501 STEVENS AVE
    MINNEAPOLIS,MN554044347     		NONE PC THE ANNUAL FUND 1,000
    MINNEAPOLIS INSTITUTE OF ARTS
    2400 3RD AVE S
    MINNEAPOLIS,MN554043506     		NONE PC THE ANNUAL FUND 5,000
    MINNESOTA AFRICAN AMERICAN HERITAGE MUSEUM AND GALLERY
    PO BOX 19344
    MINNEAPOLIS,MN554190344     		NONE PC GENERAL OPERATING SUPPORT IN HONOR JEFF AND JACK RAINEY 7,500
    MINNESOTA CENTER FOR BOOK ARTS
    1011 WASHINGTON AVE S STE 100
    MINNEAPOLIS,MN554151263     		NONE PC MIZNA PARTNERSHIP 5,000
    MINNESOTA CHILDREN'S MUSEUM
    10 7TH ST W
    SAINT PAUL,MN551022453     		NONE PC THE ANNUAL FUND ($1,000) AND THE REVIVE CAMPAIGN ($25,000) AND IS THE FIRST PAYMENT OF A TWO-YEAR PLEDGE OF $50,000 26,000
    MINNESOTA COUNCIL ON FOUNDATIONS
    100 PORTLAND AVE S SUITE 225
    MINNEAPOLIS,MN554012575     		NONE PC THE COVID VACCINE FUND 25,000
    MINNESOTA HISTORICAL SOCIETY
    345 KELLOGG BLVD W
    SAINT PAUL,MN551021906     		NONE PC FORT SNELLING PROGRAMS 67,000
    MINNESOTA HISTORICAL SOCIETY
    345 KELLOGG BLVD W
    SAINT PAUL,MN551021906     		NONE PC PATRICK COLEMAN ENDOWED CHAIR AND IS A 4-YEAR PLEDGE OF $100,000 25,000
    MINNESOTA HISTORICAL SOCIETY
    345 KELLOGG BLVD W
    SAINT PAUL,MN551021906     		NONE PC THE NORTH STAR HERITAGE FUND 5,000
    MINNESOTA LAND TRUST
    2356 UNIVERSITY AVE W SUITE 240
    SAINT PAUL,MN551141851     		NONE PC THE CAPITAL CAMPAIGN - NORTH SHORE OF LAKE SUPERIOR 50,000
    MINNESOTA LANDSCAPE ARBORETUM FOUNDATION
    3675 ARBORETUM DR
    CHASKA,MN553189613     		NONE PC SLADE PERENNIAL GARDEN, DRISCOLL FAMILY OVERLOOK AND IS A 4-YEAR PLEDGE 100,000
    MINNESOTA MUSEUM OF AMERICAN ART
    350 ROBERT STREET NORTH
    SAINT PAUL,MN551011512     		NONE PC GENERAL OPERATING SUPPORT 10,000
    MINNESOTA PUBLIC RADIO
    480 CEDAR ST
    SAINT PAUL,MN551012217     		NONE PC THE BOARD ANNUAL CAMPAIGN ($15,000), THE HORIZON FUND ($50,000), THE JON MCTAGGART FUND ($10,000), THE INSPIRED BY YOU CAMPAIGN ($25,000) 100,000
    MINNESOTA PUBLIC RADIO
    480 CEDAR ST
    SAINT PAUL,MN551012217     		NONE PC HORIZON FUND AT THE GLEN NELSON CENTER IN HONOR OF LIBBY HLAVKA'S LEADERSHIP 15,000
    MISSISSIPPI PARK CONNECTION
    111 KELLOGG BLVD E STE 105
    SAINT PAUL,MN551011239     		NONE PC DESIGN OF RIVER LEARNING CENTER 60,000
    MISSISSIPPI PARK CONNECTION
    111 KELLOGG BLVD E STE 105
    SAINT PAUL,MN551011239     		NONE PC THE RIVER LEARNING CENTER 25,000
    MUSEUM OF GLASS
    1801 DOCK ST
    TACOMA,WA984023217     		NONE PC GENERAL OPERATING SUPPORT 5,000
    NATIONAL FOUNDATION FOR ECTODERMAL DYSPLASIAS
    6 EXECUTIVE DR STE 2
    FAIRVIEW HTS,IL622081360     		NONE PC GENERAL OPERATING SUPPORT IN HONOR OF THE KEENE FAMILY 3,000
    NATIVE GOVERNANCE CENTER
    1730 NEW BRIGHTON BLVD
    MINNEAPOLIS,MN55413     		NONE PC OPERATING EXPENSES 10,000
    NEIGHBORHOOD HOUSE
    179 ROBIE ST E
    SAINT PAUL,MN551072360     		NONE PC THE ANNUAL FUND 5,000
    OAKLAND CEMETERY ASSOCIATION
    927 JACKSON STREET
    SAINT PAUL,MN551175076     		NONE PC THE ANNUAL FUND 5,000
    PLANNED PARENTHOOD OF NORTH CENTRAL STATES
    671 VANDALIA ST
    SAINT PAUL,MN551141312     		NONE PC THE COMMUNITY EDUCATION PROGRAMS 15,000
    PRESBYTERIAN HOMES FOUNDATION
    2845 NORTH HAMLINE AVENUE
    ROSEVILLE,MN551137127     		NONE PC THE ANNUAL FUND 1,328
    RUNESTONE MUSEUM FOUNDATION
    206 BROADWAY ST
    ALEXANDRIA,MN563081417     		NONE PC THE BLANKET AND STICKER GRANT ($15,000) AND TRAVELING EXHIBIT OF A REPRODUCTION STONE AND INTERPRETIVE MATERIALS ($20,000) 35,000
    RUNESTONE MUSEUM FOUNDATION
    206 BROADWAY ST
    ALEXANDRIA,MN563081417     		NONE PC STAGECOACH STOP (WIRE FRAME 2-D SCULPTURE) 10,000
    SAVORY INSTITUTE
    885 ARAPAHOE AVE
    BOULDER,CO803026011     		NONE PC CARBON DRAWDOWN/REGENERATIVE AG (ANONYMOUS) 5,000
    SCIENCE MUSEUM OF MINNESOTA
    120 KELLOGG BLVD W
    SAINT PAUL,MN551021202     		NONE PC THE ANNUAL FUND 5,000
    ST JOHN'S ABBEY WOODWORKING
    PO BOX 2400
    COLLEGEVILLE,MN563212400     		NONE PC FIRST PAYMENT ON TWO-YEAR PLEDGE OF $50,000 25,000
    ST PAUL ACADEMY AND SUMMIT SCHOOL
    1712 RANDOLPH AVE
    SAINT PAUL,MN551052159     		NONE PC THE CAPITAL CAMPAIGN - MATH AND SCIENCE CENTER AND IS A 5-YEAR PLEDGE OF $250,000 50,000
    ST PAUL ACADEMY AND SUMMIT SCHOOL
    1712 RANDOLPH AVE
    SAINT PAUL,MN551052159     		NONE PC THE ANNUAL FUND 1,910
    ST PAUL ACADEMY AND SUMMIT SCHOOL
    1712 RANDOLPH AVE
    SAINT PAUL,MN551052159     		NONE PC THE CAPITAL CAMPAIGN 24,000
    STANFORD UNIVERSITY
    485 BROADWAY ST MSC 8838
    REDWOOD CITY,CA940633136     		NONE PC THE SCHOOL OF MEDICINE 1,000
    STANFORD UNIVERSITY
    485 BROADWAY ST MSC 8838
    REDWOOD CITY,CA940633136     		NONE PC GRADUATE SCHOOL OF BUSINESS 2,000
    STANFORD UNIVERSITY
    485 BROADWAY ST MSC 8838
    REDWOOD CITY,CA940633136     		NONE PC THE SCHOOL OF ENGINEERING 1,000
    STANFORD UNIVERSITY
    485 BROADWAY ST MSC 8838
    REDWOOD CITY,CA940633136     		NONE PC GENERAL OPERATING SUPPORT 2,500
    SUGARLOAF THE NORTH SHORE STEWARDSHIP ASSOCIATION
    6008 LONDON RD
    DULUTH,MN558042523     		NONE PC THE ANNUAL FUND 1,000
    TACOMA ART MUSEUM
    1701 PACIFIC AVE
    TACOMA,WA984023214     		NONE PC THE CAPITAL CAMPAIGN PLEDGE AND IS A 5-YEAR PLEDGE 53,000
    TACOMA ART MUSEUM
    1701 PACIFIC AVE
    TACOMA,WA984023214     		NONE PC GENERAL OPERATING SUPPORT IN HONOR OF BILL DRISCOLL AND LISA HOFFMAN 5,000
    THE BRIDGE FOR YOUTH
    1111 W 22ND ST
    MINNEAPOLIS,MN554052705     		NONE PC OPERATING EXPENSES 10,000
    THE DENVER FOUNDATION
    1009 GRANT STREET
    DENVER,CO802032900     		NONE PC THE BASCH FUND 20,000
    THINK SMALL
    10 YORKTON CT
    SAINT PAUL,MN551171065     		NONE PC THE ANNUAL FUND 1,000
    UNITED NEGRO COLLEGE FUND INC
    1805 7TH STREET NW
    WASHINGTON,DC200013186     		NONE PC THE ANNUAL FUND 3,000
    UNIVERSITY OF MINNESOTA FOUNDATION
    PO BOX 860266
    MINNEAPOLIS,MN554552010     		NONE PC THE CHARLES F. BUGNUM FAMILY SCHOLARSHIP 10,000
    VASSAR COLLEGE
    124 RAYMOND AVE BOX 12
    POUGHKEEPSIE,NY126040001     		NONE PC THE ANNUAL FUND 1,000
    VOLUNTEERS OF AMERICA
    2660 LARIMER
    DENVER,CO80205     		NONE PC GENERAL OPERATING IN CONTINUED APPRECIATION OF JIM WHITE AND DIANNA KUNZ 10,000
    WALKER ART CENTER
    725 VINELAND PL
    MINNEAPOLIS,MN554031139     		NONE PC THE ANNUAL FUND 1,000
    WASHINGTON COUNTY HISTORICAL SOCIETY
    PO BOX 167
    STILLWATER,MN55082     		NONE PC THE WASHINGTON COUNTY HISTORICAL MUSEUM MUSIC EVENT ON FEBRUARY 15TH 500
    WESTERN RESOURCE ADVOCATES
    2260 BASELINE RD STE 200
    BOULDER,CO803027740     		NONE PC GENERAL OPERATING SUPPORT (ANONYMOUS) 17,990
    WESTMINSTER PRESBYTERIAN CHURCH
    1200 MARQUETTE AVE
    MINNEAPOLIS,MN554032419     		NONE PC OPERATING EXPENSES 2,000
    WILDERNESS INQUIRY INC
    1611 COUNTY RD B WEST SUITE 315
    ST PAUL,MN551130000     		NONE PC GENERAL OPERATING SUPPORT IN HONOR OF JACK AND KIRSTEN DRISCOLL 5,000
    YALE UNIVERSITY
    PO BOX 208239
    NEW HAVEN,CT065208239     		NONE PC THE ANNUAL FUND 3,000
    YALE UNIVERSITY
    PO BOX 208239
    NEW HAVEN,CT065208239     		NONE PC GENERAL OPERATING SUPPORT 2,500
    Total .................................bullet 3a 1,374,728
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    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 1,938,748  
    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 3,520,771 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,520,771
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

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

    41-6012065
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    DRISCOLL FOUNDATION
          		Employer identification number
    41-6012065
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JOHN B DRISCOLL REVOCABLE TRUST
     
    30 E 7TH STREET SUITE 2000
     
    ST PAUL, MN551014930

    		$ 20,231


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    WILLIAM L DRISCOLL REVOCABLE TRUST
     
    30 E 7TH STREET SUITE 2000
     
    ST PAUL, MN551014930

    		$ 20,114


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    41-6012065
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 468 SHARES POTLATCHDELTIC STOCK $ 20,231 2021-11-12
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 81 SHARES BERKSHIRE HATHAWAY INC CL B STOCK $ 20,114 2021-03-01
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    DRISCOLL FOUNDATION
          		Employer identification number

    41-6012065
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND TAX SERVICE 126,891 17,331   108,060

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Category Amount
    NEIGHBORHOOD DEVELOPMENT ALLIANCE (NEDA) LENDING DEPARTMENT, CENTRO DE FINANZAS - LOW INTEREST (1%) LOAN TO CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION 100,000

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    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
    CAMERON AND HAYDEN LORD FOUNDATION
          		110 RIVERSIDE DRIVE APT 12C
    NEW YORK,NY10024     		2021-01-28 5,000 UNRESTRICTED SUPPORT IN HONOR OF CAMERON AND HAYDEN AND THEIR AMAZING FAMILIES 5,000 THE GRANTEE HAS NOT DIVERTED ANY PORTION FROM THE PURPOSE OF THE GRANT. 11/13/2022   TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT. TO THE KNOWLEDGE OF THE GRANTOR, NEITHER THE PRINCIPAL NOR THE INCOME FROM THE GRANT FUNDS HAS BEEN USED FOR ANY PURPOSE WHICH WOULD RESULT IN TAX UNDER IRC SECTION 4945(D). NO VERIFICATIONS HAVE BEEN UNDERTAKEN.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GUGGENHEIM TOTAL RETURN BOND FD INSTL 2,077,594 2,047,601
    PERFORMANCE TRUST STRATEGIC BOND FD 2,147,787 2,058,294
    PIMCO INCOME FUND INSTITUTIONAL FUND 2,100,195 2,036,854

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AQR EMERGING MULTI STYLE II FUND CL R6 484,053 635,268
    CLEARWATER INTERNATIONAL FUND 2,405,677 2,737,923
    CLEARWATER SELECT EQUITY FUND 2,181,410 2,752,816
    FIDELITY CASH RESERVES 173,172 173,174
    PIMCO ALL ASSET INST CLASS 1,771,011 1,887,182
    POTLATCHDELTIC 1,953 97,063
    SONEN GLOBAL PUBLIC EQUITY FD 1,073,914 1,581,471
    THIRD AVENUE REAL ESTATE VALUE FD 790,070 1,189,757
    TORTOISE MLP AND PIPELINE FD 806,047 1,076,716
    VANGUARD 500 INDEX FD ADM SHS 1,405,900 1,650,490
    VANGUARD EMERGING MKTS STK INDEX INSTL 522,245 559,527
    VANGUARD PRIMECAP CORE FD 575,681 1,285,787
    VANGUARD REIT INDEX FD ADM 958,078 1,171,295
    VANGUARD SELECTED VALUE FD 728,314 855,972
    WCM FOCUSED EMERGING MARKETS FUND INSTL 360,654 356,636
    WEYERHAEUSER CO 311,457 1,754,421
    WILLIAM BLAIR MACRO ALLOCATION FD 1,945,967 1,773,555

    TY 2021 InvestmentsOtherSchedule2
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CLEARWATER OPPORTUNITY FUND AT COST 976,338 1,237,369
    CLEARWATER PRIVATE OPP FD III AT COST 0 191,812
    CLEARWATER PRIVATE OPP FD VI AT COST 960,000 1,258,953
    CLEARWATER PRIVATE OPP FD IV AT COST 0 444,302
    CLEARWATER PRIVATE OPP FD V AT COST 875,000 3,365,559
    CLEARWATER PRIVATE OPP FD VII AT COST 300,000 327,465
    LONE STAR GROWTH CAPITAL LP AT COST 775,385 298,741
    SAINT PAUL PROPERTIES FUND VII, LLC AT COST 401,775 401,775
    SPELL MEZZANINE PARTNERS SBIC II LP AT COST 1,137,500 1,601,567
    SPELL MEZZANINE PARTNERS SBIC LP AT COST 0 749,313

    TY 2021 LegalFeesSchedule
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 6,486 0   6,486


    TY 2021 OtherAssetsSchedule
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 679 0 0
    DUE TO/DUE FROM -755,523 0 0


    TY 2021 OtherDecreasesSchedule
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Description Amount
    PRIOR PERIOD ADJUSTMENTS 68,731
    NON TAXABLE DIFFERENCE BETWEEN COST & FMV OF CONTRIBUTIONS TO FOUNDATION 40,038


    TY 2021 OtherExpensesSchedule
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEES 26 0   26
    CLEARWATER OPPORTUNITY FUND #82-2233098 0 0   0
    OTHER DEDUCTIONS 0 5,981   0
    CLEARWATER PRIVATE OPP FD III #26-2251284 0 0   0
    ROYALTY DEDUCTIONS 0 4   0
    SEC. 59(E)(2) 0 72   0
    OTHER PORTFOLIO DEDUCTIONS 0 33   0
    OTHER DEDUCTIONS 0 4,316   0
    CLEARWATER PRIVATE OPP FD IV #45-2978316 0 0   0
    SEC. 179 0 1   0
    ROYALTY DEDUCTIONS 0 4   0
    SEC. 59(E)(2) 0 138   0
    OTHER PORTFOLIO DEDUCTIONS 0 28   0
    OTHER DEDUCTIONS 0 5,998   0
    CLEARWATER PRIVATE OPP FD V #46-5036194 0 0   0
    SEC. 179 0 1   0
    ROYALTY DEDUCTIONS 0 375   0
    SEC. 59(E)(2) 0 29,335   0
    OTHER PORTFOLIO DEDUCTIONS 0 -2   0
    SECTION 743B NEGATIVE ADJUSTMENTS 0 209   0
    OTHER DEDUCTIONS 0 45,781   0
    CLEARWATER PRIVATE OPP FUND VI #82-2245537 0 0   0
    PORTFOLIO DEDUCTIONS 0 19   0
    SECTION 743B NEGATIVE ADJUSTMENTS 0 5,790   0
    OTHER DEDUCTIONS 0 45,534   0
    LONE STAR GROWTH CAPITAL LP #41-2192242 0 0   0
    OTHER DEDUCTIONS 0 1,616   0
    SIT OPPORTUNITY BOND FUND #41-1966452 0 0   0
    SPELL MEZZANINE PARTNERS #37-1661465 0 0   0
    SEC. 179 0 2,406   0
    OTHER DEDUCTIONS 0 825   0
    HARVEST MLP INCOME FUND #27-2968896 0 0   0
    OTHER DEDUCTIONS 0 452   0
    SPELL CAPITAL MEZZANINE PARTNERS II #35-2600658 0 0   0
    SEC. 179 0 183   0
    OTHER DEDUCTIONS 0 10,729   0
    SONEN GLOBAL PACIFIC EQUITY FUND #61-1699924 0 0   0
    OTHER DEDUCTIONS 0 31,260   0
    CLEARWATER PRIVATE OPP FUND VII #84-5014159 0 0   0
    OTHER DEDUCTIONS 0 13,525   0


    TY 2021 OtherIncomeSchedule2
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME 480,132 0 480,132
    2020 UBTI TAX REFUND 17,000 0 17,000
    2020 EXCISE TAX REFUND 62,822 0 62,822
    CLEARWATER OPPORTUNITY FUND #82-2233098   0  
    INTEREST   4  
    DIVIDENDS   25,734  
    OTHER INCOME   16,793  
    CLEARWATER PRIVATE OPP FUND III #26-2251284   0  
    ORDINARY INCOME/LOSS   -1,055  
    RENTAL INCOME/LOSS   -78  
    OTHER NET RENTAL INCOME/LOSS   -8  
    PORTFOLIO INTEREST   1,168  
    DIVIDENDS   774  
    ROYALTIES   11  
    OTHER PORTFOLIO INCOME/LOSS   24  
    CANCELLATION OF DEBT INCOME   304  
    OTHER INCOME/LOSS   -700  
    PLUS: UBTI LOSS   668  
    CLEARWATER PRIVATE OPP FUND IV #45-2978316   0  
    ORDINARY INCOME (LOSS)   1,360  
    NET RENTAL INCOME/LOSS   1  
    PORTFOLIO INTEREST   1,075  
    DIVIDENDS   3,436  
    ROYALTIES   13  
    OTHER PORTFOLIO INCOME (LOSS)   -322  
    CANCELLATION OF DEBT INCOME   46  
    OTHER INCOME   1,541  
    LESS: UBTI INCOME   -8,787  
    CLEARWATER PRIVATE OPP FUND V #XXX-XX-XXXX   0  
    ORDINARY INCOME   27,346  
    RENTAL INCOME/LOSS   -76  
    OTHER NET RENTAL INCOME/LOSS   -13  
    INTEREST   11,379  
    DIVIDENDS   78,214  
    ROYALTIES   4,672  
    OTHER PORTFOLIO INCOME (LOSS)   -2,368  
    CANCELLATION OF DEBT INCOME   -190  
    SEC. 951A   2  
    OTHER INCOME   2,802  
    LESS: UBTI INCOME   -15,804  
    CLEARWATER PRIVATE OPP FUND VI #82-2245537   0  
    ORDINARY INCOME (LOSS)   9,862  
    NET RENTAL INCOME/LOSS   -719  
    OTHER NET RENTAL INCOME/LOSS 0 -1,441 0
    INTEREST   1,678  
    DIVIDENDS   1,884  
    ROYALTIES   881  
    OTHER PORTFOLIO INCOME (LOSS)   115  
    OTHER INCOME (LOSS)   -57  
    LESS: UBTI INCOME   -6,229  
    SPELL CAPITAL MEZZANINE PARTNERS   0  
    ORDINARY INCOME   79,030  
    PORTFOLIO INTEREST   471  
    DIVIDENDS   439  
    LESS: UBTI INCOME   -33,652  
    LONE STAR GROWTH CAPITAL LP #41-2192242   0  
    ORDINARY INCOME (LOSS)   -11,077  
    INTEREST   56,589  
    LESS: UBTI INCOME   -24,090  
    HARVEST MLP INCOME FUND   0  
    ORDINARY INCOME (LOSS)   37,755  
    DIVIDENDS   32  
    PLUS: UBTI LOSS   83  
    SPELL CAPITAL MEZZANINE PARTNERS II   0  
    ORDINARY INCOME   245,265  
    INTEREST   88  
    OTHER INCOME   1  
    LESS: UBTI INCOME   -29,166  
    SONEN GLOBAL PACIFIC EQUITY FUND   0  
    INTEREST   2  
    DIVIDENDS   18,114  
    OTHER LOSS   -3,552  
    CLEARWATER PRIVATE OPP FUND VII #84-5014159   0  
    ORDINARY INCOME   113  
    NET RENTAL INCOME/LOSS   -187  
    INTEREST   32  
    DIVIDENDS   6  
    PLUS: UBTI LOSS   1,674  
    SAINT PAUL PROPERTIES FUND VII LLC   0  
    NET RENTAL INCOME/LOSS   16,326  
    INTEREST   125  


    TY 2021 OtherIncreasesSchedule
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Description Amount
    ROUNDING 3


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MN COUNCIL ON FOUNDATIONS 5,500 0   5,500


    TY 2021 TaxesSchedule
    Name:
    DRISCOLL FOUNDATION
    EIN:
    41-6012065
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX PAYMENTS 147,922 0   0
    FEDERAL UBTI TAX PAYMENTS 17,000 0   0
    FOREIGN TAXES WITHHELD 0 11,489   0
    CLEARWATER OPPORTUNITY FUND 0 1,510   0
    FOREIGN TAXES THRU CPOF III 0 83   0
    FOREIGN TAXES THRU CPOF IV 0 57   0
    FOREIGN TAXES THRU CPOF V 0 1,571   0
    FOREIGN TAXES THRU CPOF VI 0 12   0
    FOREIGN TAXES THRU CPOF VII 0 2   0
    FOREIGN TAXES THRU HARVEST MLP INCOME FUND 0 4   0
    FOREIGN TAXES THRU SONEN GLOBAL 0 2,486   0
    STATE TAX WITHHOLDING THRU PARTNERSHIPS 0 1,138   0