Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo 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
MARDAG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)101 FIFTH STREET EAST SUITE 2400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST PAUL, MN55101
A Employer identification number

41-1698990
B Telephone number (see instructions)

(651) 224-5463
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$61,570,804J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,035,792 1,301,039  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 911,362
b Gross sales price for all assets on line 6a 911,362
7 Capital gain net income (from Part IV, line 2)... 906,901
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
List of Attached Documents:
// Content
179,779 358,259  
12 Total. Add lines 1 through 11........ 2,126,933 2,566,199  
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
List of Attached Documents:
// Content
2,826 0   6,326
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
13,515 0   18,028
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
187,267 185,767   1,500
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
57,968 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 12,581 0   12,581
22 Printing and publications.......... 1,990 0   1,990
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
219,350 385,933   219,825
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 495,497 571,700   260,250
25 Contributions, gifts, grants paid....... 2,654,231 2,968,409
26 Total expenses and disbursements. Add lines 24 and 25 3,149,728 571,700   3,228,659
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,022,795
b Net investment income (if negative, enter -0-) 1,994,499
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 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............. 170,820 221,607 221,607
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 72,207,647 Click to see attachment
List of Attached Documents:
// Content
61,323,080 		61,323,080
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
22,844 		Click to see attachment
List of Attached Documents:
// Content
26,117 		Click to see attachment
List of Attached Documents:
// Content
26,117
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 72,401,311 61,570,804 61,570,804
Liabilities 17 Accounts payable and accrued expenses.......... 77,900 55,168
18 Grants payable................. 866,678 557,500
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
209,537 		Click to see attachment
List of Attached Documents:
// Content
78,301
23 Total liabilities (add lines 17 through 22)......... 1,154,115 690,969
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 71,247,196 60,879,835
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 71,247,196 60,879,835
30 Total liabilities and net assets/fund balances (see instructions). 72,401,311 61,570,804
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
71,247,196
2
Enter amount from Part I, line 27a .....................
2
-1,022,795
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
131,236
4
Add lines 1, 2, and 3 ..........................
4
70,355,637
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
9,475,802
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
60,879,835
Form 990-PF (2022)
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 INVESTMENT PARTNERSHIP P 2020-12-31 2022-12-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 911,362   4,461 906,901
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       906,901
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 906,901
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 (2022)
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 right arrow 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) 1 27,724
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 27,724
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 27,724
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 50,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 50,000
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 22,276
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow22,276 Refundedright arrow 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowMN, CO, ND, CA
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowWWW.MARDAG.ORG
14
The books are in care ofright arrowSAINT PAUL & MINNESOTA FOUNDATION Telephone no.right arrow (651) 224-5463

Located atright arrow101 FIFTH STREET EAST SUITE 2400SAINT PAULMN ZIP+4right arrow55101
15
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
15
 
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
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 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.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ARMANDO CAMACHO SECRETARY
0.75 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
GRETCHEN DAVIDSON MEMBER
0.75 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
SAMUEL EBERHART PRESIDENT
0.75 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
KIMBERLY FAUST MEMBER
0.75 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
PAT MEDURE MEMBER
0.75 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
CORY OBER MEMBER
0.75 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
KELSEY LAVALLE VICE PRESIDENT
0.75 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
NATHANIEL OBER TREASURER
0.75 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
NICK EBERHART MEMBER
0.75 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
MARCUS POPE MEMBER
0.75 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
ANIL HURKADLI ADMIN DIRECT
2.50 		0 0 0
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
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
SAINT PAUL & MINNESOTA FOUNDATION ADMINISTRATIVE 264,044
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
Total number of others receiving over $50,000 for professional services.............right arrow0
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 arrow0
Form 990-PF (2022)
Form 990-PF (2022)
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
63,972,539
b
Average of monthly cash balances.......................
1b
300,053
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
64,272,592
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
64,272,592
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
964,089
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
63,308,503
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,165,425
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
3,165,425
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
27,724
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
27,724
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,137,701
4
Recoveries of amounts treated as qualifying distributions................
4
5,000
5
Add lines 3 and 4............................
5
3,142,701
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
3,142,701
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
3,228,659
b
Program-related investments—total from Part VIII-B..................
1b
0
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
3,228,659
Form 990-PF (2022)
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 3,142,701
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 3,110,709
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......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 3,228,659
a Applied to 2021, but not more than line 2a 3,110,709
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..... 117,950
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 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 .......... 		3,024,751
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 ...... 		0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
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 or
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
         
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
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ALL GRANT APPLICANTS MUST REGISTER
101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
(651) 244-5463
bThe form in which applications should be submitted and information and materials they should include:
BEFORE APPLYING, ALL INTERESTED APPLICANTS ARE ENCOURAGED TO EMAIL A MEMBER OF OUR GRANTS TEAM TO ENSURE THAT THE GRANT PROGRAM FITS YOUR NEEDS.
cAny submission deadlines:
WE HAVE TWO GRANT ROUNDS EACH YEAR. KEY APPLICATION DATES CAN BE FOUND ON OUR WEBSITE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS ARE MADE TO ORGANIZATIONS LOCATED WITHIN OR SERVING THE RESIDENTS OF THE STATE OF MINNESOTA. MARDAG FOUNDATION FUNDS PROJECTS AND PROGRAMS THAT IMPROVE THE LIVES OF CHILDREN, YOUTH AND FAMILIES; SUPPORTS PROJECTS AND PROGRAMS THAT HELP OLDER ADULTS LIVE INDEPENDENT, HEALTHY LIVES; AND BUILDS THE CAPACITY OF ARTS AND HUMANITIES ORGANIZATIONS.
Form 990-PF (2022)
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)
aPaid during the year

BEMIDJI COMMUNITY THEATER

316 BELTRAMI AVENUE NW
BEMIDJI,MN56601 		  PC STARBRIDGE ACADEMY-EDUCATIONAL OPPORTUNITIES FOR ALL 15,000

LOWER PHALEN CREEK PROJECT

332 MINNESOTA STREET SUITE W1520
SAINT PAUL,MN55101 		  PC WAKAN TIPI CENTER CAPITAL CAMPAIGN 75,000

PENUMBRA THEATRE COMPANY INC

270 NORTH KENT STREET
SAINT PAUL,MN55102 		  PC TWIN CITIES THEATRE OF COLOR COALITION GENERAL OPERATING REQUEST 25,000

RED WING ARTS ASSOCIATION

418 LEVEE STREET
RED WING,MN55066 		  PC RED WING ARTS CAPACITY BUILDING AND DEVELOPMENT FUNDS 20,000

TIWAHE FOUNDATION

570 ASBURY STREET SUITE 104
SAINT PAUL,MN55401 		  PC TIWAHE FOUNDATION OPERATIONAL EFFECTIVENESS 20,000

VICTORIA THEATER ARTS CENTER

1430 CONCORDIA AVENUE PO BOX 40373
SAINT PAUL,MN55104 		  PC VICTORIA THEATER ARTS CENTER CAPITAL CAMPAIGN 50,000

180 DEGREES INC

1301 EAST SEVENTH STREET
SAINT PAUL,MN55106 		  PC PROGRAM SUPPORT FOR BRITTANY'S PLACE 25,000

AIN DAH YUNG OUR HOME CENTER

1089 PORTLAND AVENUE
SAINT PAUL,MN55104 		  PC GENERAL OPERATING SUPPORT FOR THE AIN DAH YUNG CENTER 20,000

AMPERSAND FAMILIES

1751 COUNTY ROAD B WEST SUITE 300
ROSEVILLE,MN55113 		  PC GENERAL OPERATING - PERMANENCY AND ADOPTION FOR OLDER YOUTH IN FOSTER CARE 30,000

BEFORE RACISM

1041 GRAND AVENUE SUITE 352
SAINT PAUL,MN55105 		  PC BEFORE RACISM PILOT 20,000

BRIDGES OF HOPE

PO BOX 742
BRAINERD,MN56401 		  PC GENERAL OPERATING SUPPORT FOR LOW-INCOME CHILDREN AND FAMILIES IN CROW WING COUNTY 20,000

CHILDRENS DENTAL SERVICES INC

636 BROADWAY STREET NE
MINNEAPOLIS,MN55413 		  PC CHILDREN'S DENTAL SERVICES' DULUTH-BASED NORTHEASTERN MINNESOTA DENTAL HUB 25,000

COMMUNITIES IN SCHOOLS OF THE TWIN CITIES

161 ST ANTHONY AVENUE SUITE 910
SAINT PAUL,MN55103 		  PC COMMUNITIES IN SCHOOLS IN THE EAST METRO AND BEYOND 15,000

COMUNIDADES ORGANIZANDO EL PODER Y LA ACCION LATINA COPAL

3702 EAST LAKE STREET
MINNEAPOLIS,MN55406 		  PC PRIMERO DE MAYO WORKERS' CENTER 25,000

FAMILY Y OF ALBERT LEA MINNESOTA INC

2021 WEST MAIN STREET
ALBERT LEA,MN56007 		  PC SUPPORT OF LOST REVENUES AND INCREASED SUPPORT TO YOUTH AND FAMILIES IN MEMBERSHIP AND PROGRAMS 10,000

LUTHERAN SOCIAL SERVICE OF MINNESOTA

2485 COMO AVENUE
SAINT PAUL,MN55108 		  PC LSS FAMILIES TOGETHER PRESCHOOL 20,000

MY VERY OWN BED

34 13TH AVENUE NE SUITE 106
MINNEAPOLIS,MN55413 		  PC EXPANDING EAST METRO BED DELIVERY 15,000

SAINT PAUL COLLEGE CLUB INC SAINT PAUL BRANCH AAUW

990 SUMMIT AVENUE
SAINT PAUL,MN55105 		  PC HEALTHY COMMUNITY INITIATIVE (HCI) OPERATING EXPENSES 25,000

PROJECT FOR PRIDE IN LIVING INC

1035 EAST FRANKLIN AVENUE
MINNEAPOLIS,MN55404 		  PC PPL FAMILY SUPPORTIVE HOUSING PROGRAM 20,000

RED WING YOUTH OUTREACH PROGRAM INC

410 GUERNSEY LANE
RED WING,MN55066 		  PC ACQUISITION AND OPERATING SUPPORT 20,000

SAINT PAUL & MINNESOTA FOUNDATION

101 FIFTH STREET EAST SUITE 2400
SAINT PAUL,MN55101 		  PC MANAGEMENT IMPROVEMENT FUND 50,000

SAINT PAUL & MINNESOTA FOUNDATION

101 FIFTH STREET EAST SUITE 2400
SAINT PAUL,MN55101 		  PC COMMUNITY SHARING FUND 50,000

THE SANNEH FOUNDATION INC

2090 CONWAY STREET
SAINT PAUL,MN55119 		  PC FY22 GENERAL OPERATIONS, THE SANNEH FOUNDATION 20,000

UNITED FAMILY PRACTICE HEALTH CENTER

1026 WEST SEVENTH STREET
SAINT PAUL,MN55102 		  PC GENERAL OPERATING SUPPORT 20,000

WELLSHARE INTERNATIONAL

122 WEST FRANKLIN AVENUE SUITE 510
MINNEAPOLIS,MN55404 		  PC MANKATO COMMUNITY HEALTH WORKER HUB PROGRAM SUPPORT 15,000

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF ST PAUL AND MPLS

1007 EAST 14TH STREET
MINNEAPOLIS,MN55404 		  PC FY22 GENERAL OPERATIONS SUPPORT 25,000

VOLUNTEER SERVICES OF CARLTON COUNTY INC

199 CHESTNUT AVENUE SUITE 3 PO BOX
450
CARLTON,MN55718 		  PC CARLTON WELLNESS CENTER GENERAL OPERATING SUPPORT 25,000

COMO FRIENDS

1225 ESTABROOK DRIVE
SAINT PAUL,MN55103 		  PC PAST BOARD MEMBER TIM OBER - GENERAL SUPPORT AT MINNESOTA OFFICE 5,000

PARK SQUARE THEATRE COMPANY

HISTORIC HAMM BUILDING
SAINT PAUL,MN55102 		  PC PAST BOARD MEMBER TIM OBER - GENERAL SUPPORT AT MINNESOTA OFFICE 5,000

ADVOCATES AGAINST DOMESTIC ABUSE

PO BOX 153
AITKIN,MN56431 		  PC 2022 TRANSITIONAL GEN OP 15,000

AMHERST H WILDER FOUNDATION

451 LEXINGTON PARKWAY NORTH
SAINT PAUL,MN55104 		  PC MN COMPASS MEMBERSHIP REQUEST 10,000

ANNA MARIES ALLIANCE

PO BOX 367
SAINT CLOUD,MN56302 		  PC 2022 TRANSITIONAL GEN OPS 25,000

ASIAN WOMEN UNITED OF MINNESOTA

PO BOX 6223
MINNEAPOLIS,MN55406 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM 10,000

BATTERED WOMENS LEGAL ADVOCACY PROJECT

2324 UNIVERSITY AVENUE WEST SUITE
103
SAINT PAUL,MN55114 		  PC 2022 TRANSITIONAL GEN OP 20,000

BOYS & GIRLS CLUB OF ROCHESTER

1026 EAST CENTER STREET
ROCHESTER,MN55904 		  PC 2022 TRANSITIONAL GEN OP 15,000

BOYS CLUB OF DULUTH

102 SOUTH 29TH AVENUE WEST SUITE
200
DULUTH,MN55816 		  PC 2022 TRANSITIONAL GEN OP 15,000

BOYS CLUB OF DULUTH

102 SOUTH 29TH AVENUE WEST SUITE
200
DULUTH,MN55816 		  PC 2022 TRANSITIONAL GEN OP 15,000

CARE CLINIC

906 COLLEGE AVENUE DOOR 1
RED WING,MN55066 		  PC 2022 TRANSITIONAL GEN OP 20,000

CHANNEL ONE INC

131 - 35TH STREET SE
ROCHESTER,MN55904 		  PC 2022 TRANSITIONAL GEN OP 20,000

CHURCHES UNITED IN MINISTRY

102 WEST SECOND STREET
DULUTH,MN55802 		  PC 2022 TRANSITIONAL GEN OP 15,000

COMMITTEE AGAINST DOMESTIC ABUSE INC

100 STADIUM COURT
MANKATO,MN56001 		  PC 2022 TRANSITIONAL GEN OP 10,000

COMMUNITY AID OF ELK RIVER

12621 ELK LAKE RD NW
ELK RIVER,MN55330 		  PC 2022 TRANSITIONAL GEN OP 15,000

COMMUSICATION

868 SHERBURNE AVENUE
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL GEN OP 15,000

EMMA NORTON SERVICES

670 NORTH ROBERT STREET
SAINT PAUL,MN55101 		  PC 2022 TRANSITIONAL GEN OP 15,000

EVERY MEAL

2723 PATTON ROAD
ROSEVILLE,MN55113 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM AND/OR GREATER MINNESOTA PROGRAM 15,000

EXCHANGE CLUB CENTER FOR FAMILY UNITY

1820 HARTLE AVENUE
OWATONNA,MN55060 		  PC 2022 TRANSITIONAL GEN OP 20,000

FAMILYWISE SERVICES

3036 UNIVERSITY AVENUE SE
MINNEAPOLIS,MN55414 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM AND/OR GREATER MINNESOTA PROGRAM 10,000

FROGTOWN GARDENS

941 LAFOND AVENUE BUILDING D
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL GEN OP 10,000

GENESYS WORKS

445 MINNESOTA STREET SUITE 720
SAINT PAUL,MN55101 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM 15,000

GOOD IN THE HOOD

2101 CHICAGO AVENUE SOUTH
MINNEAPOLIS,MN55404 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM AND/OR GREATER MINNESOTA PROGRAM 10,000

GOODWILL INDUSTRIES INC

553 FAIRVIEW AVENUE NORTH
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM 30,000

HABITAT FOR HUMANITY INTERNATIONAL INC

PO BOX 24
VIRGINIA,MN55792 		  PC 2022 TRANSITIONAL GRANT FOR AFFORDABLE HOUSING IN THE IRON RANGE 15,000

HABITAT FOR HUMANITY INTERNATIONAL INC

1730 BASSETT DRIVE
MANKATO,MN56001 		  PC 2022 TRANSITIONAL GRANT FOR AFFORDABLE HOUSING IN SOUTH CENTRAL MINNESOTA 15,000

HUNGER SOLUTIONS MINNESOTA

555 PARK STREET SUITE 400
SAINT PAUL,MN55103 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM AND/OR GREATER MINNESOTA PROGRAM 10,000

IMMIGRANT LAW CENTER OF MINNESOTA INC

450 NORTH SYNDICATE STREET SUITE
200
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM AND/OR GREATER MINNESOTA PROGRAM 20,000

LAKEWOOD HEALTH SYSTEM

49725 COUNTY 83
STAPLES,MN56479 		  PC 2022 TRANSITIONAL GREATER MINNESOTA PROGRAM 15,000

LIFE HOUSE INCORPORATED

102 WEST FIRST STREET
DULUTH,MN55802 		  PC 2022 TRANSITIONAL GEN OP 15,000

MANKATO YOUTH PLACE INC

1315 STADIUM ROAD
MANKATO,MN56001 		  PC 2022 TRANSITIONAL GEN OP GRANT 20,000

MEALS FROM THE HEART

5600 MEMORIAL AVENUE NORTH
OAK PARK HEIGHTS,MN55082 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM 15,000

MENTOR NORTH

206 WEST 4TH STREET SUITE 203
DULUTH,MN55806 		  PC 2022 TRANSITIONAL GEN OP 20,000

MODEL CITIES OF ST PAUL INC

839 UNIVERSITY AVENUE WEST
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL GEN OP 25,000

NORTHFIELD UNION OF YOUTH INC

PO BOX 481
NORTHFIELD,MN55057 		  PC 2022 TRANSITIONAL GEN OP 15,000

OPEN ARMS NATIVE MISSIONS

1555 JACKSON STREET
SAINT PAUL,MN55117 		  PC 2022 TRANSITIONAL GEN OP 25,000

OPEN CITIES HEALTH CENTER INC

409 NORTH DUNLAP STREET
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL GEN OP 15,000

PROJECT LEGACY

PO BOX 7182
ROCHESTER,MN55903 		  PC 2022 TRANSITIONAL GEN OP 10,000

REEL HOPE PROJECT

2909 SOUTH WAYZATA BOULEVARD
MINNEAPOLIS,MN55405 		  PC 2022 TRANSITIONAL GREATER MINNESOTA PROGRAM 7,500

SAFE FAMILIES FOR CHILDREN ALLIANCE

PO BOX 1302
ALEXANDRIA,MN56308 		  PC 2022 EAST METRO PROGRAM AND/OR GREATER MINNESOTA PROGRAM 15,000

SOUTHERN MN CRISIS NURSERY

PO BOX 53
NEW ULM,MN56073 		  PC 2022 TRANSITIONAL GEN OP 15,000

VALLEY OUTREACH

1911 CURVE CREST BOULEVARD WEST
STILLWATER,MN55082 		  PC 2022 TRANSITIONAL GEN OP 10,000

YOUNG MENS CHRISTIAN ASSOCIATION OF THE NORTH

PO BOX 1450
MINNEAPOLIS,MN55485 		  PC 2022 TRANSITIONAL GEN OP 15,000

YOUTH FARM AND MARKET PROJECT

1420 DOWLING AVENUE NORTH
MINNEAPOLIS,MN55412 		  PC 2022 TRANSITIONAL GEN OP GRANT 10,000

AUSTIN AREA COMMISSION FOR THE ARTS

300 NORTH MAIN STREET
AUSTIN,MN55912 		  PC 2022 TRANSITIONAL GEN OP 10,000

BEMIDJI COMMUNITY ARTS COUNCIL INC

505 BEMIDJI AVENUE NORTH
BEMIDJI,MN56601 		  PC 2022 TRANSITIONAL GEN OP 15,000

COMPAS INC

450 SYNDICATE STREET NORTH SUITE
325
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL GEN OP 12,500

EAST SIDE FREEDOM LIBRARY

1105 GREENBRIER STREET
SAINT PAUL,MN55106 		  PC 2022 TRANSITIONAL GEN OP 10,000

GREATER TWIN CITIES YOUTH SYMPHONIES

408 ST PETER STREET THE HISTORIC
HAMM BUILDING SUITE 300
SAINT PAUL,MN55102 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM AND/OR GREATER MINNESOTA PROGRAM 10,000

IN BLACK INK

938 SELBY AVENUE
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL GEN OP 15,000

INTERACT CENTER FOR THE VISUAL AND PERFORMING ARTS

1860 MINNEHAHA AVENUE WEST
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL GEN OP 20,000

LAURENTIAN ARTS AND CULTURE ALLIANCE

510 CHESTNUT STREET PO BOX 416
VIRGINIA,MN55792 		  PC 2022 TRANSITIONAL GEN OP 7,500

NORTH HOUSE FOLK SCHOOL

PO BOX 759
GRAND MARAIS,MN55604 		  PC 2022 TRANSITIONAL GEN OP 25,000

PARK SQUARE THEATRE COMPANY

20 WEST SEVENTH PLACE
SAINT PAUL,MN55102 		  PC 2022 TRANSITIONAL GEN OP 10,000

SEAD PROJECT

1007 WEST BROADWAY AVENUE
MINNEAPOLIS,MN55411 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM AND/OR GREATER MINNESOTA PROGRAM 15,000

THE HISTORY THEATRE INC

30 EAST TENTH STREET
SAINT PAUL,MN55101 		  PC 2022 TRANSITIONAL GEN OP 10,000

WALKER WEST MUSIC ACADEMY

760 SELBY AVENUE
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL GEN OP 20,000

WONDERLUST PRODUCTIONS

PO BOX 8021
SAINT PAUL,MN55108 		  PC 2022 TRANSITIONAL GEN OP 10,000

COMMUNITY THREAD

2300 WEST ORLEANS STREET
STILLWATER,MN55082 		  PC 2022 TRANSITIONAL GEN OP 10,000

DARTS

1645 MARTHALER LANE
WEST SAINT PAUL,MN55118 		  PC 2022 TRANSITIONAL GEN OP 10,000

FAMILY PATHWAYS

6413 OAK STREET
NORTH BRANCH,MN55056 		  PC 2022 TRANSITIONAL GEN OP 15,000

FLOODWOOD SERVICES AND TRAINING INC

PO BOX 347
FLOODWOOD,MN55736 		  PC 2022 TRANSITIONAL GEN OP 15,000

GROVE CITY AREA LIVING AT HOME BLOCK NURSE PROGRAM

205 THIRD STREET SOUTH BOX 192
GROVE CITY,MN56243 		  PC 2022 TRANSITIONAL GEN OP 10,000

HALLIE Q BROWN COMMUNITY CENTER INCORPORATED

270 NORTH KENT STREET
SAINT PAUL,MN55102 		  PC 2022 TRANSITIONAL GEN OP 10,000

JEWISH COMMUNITY CENTER OF THE GREATER ST PAUL AREA

1375 ST PAUL AVENUE
SAINT PAUL,MN55116 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM AND/OR GREATER MINNESOTA PROGRAM 25,000

JEWISH FAMILY SERVICE OF SAINT PAUL

1633 WEST SEVENTH STREET
SAINT PAUL,MN55102 		  PC 2022 TRANSITIONAL EAST METRO PROGRAM AND/OR GREATER MINNESOTA PROGRAM 10,000

KAIROS ALIVE

4524 BEARD AVENUE SOUTH
MINNEAPOLIS,MN55410 		  PC 2022 TRANSITIONAL GEN OP 25,000

NEIGHBORHOOD NETWORK FOR SENIORS

1895 LAUREL AVENUE
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL GEN OP 10,000

NONPROFIT TRINITY HEALTH CENTRE OF MINNESOTA CHARTERED

1713 SOUTHCROSS DRIVE B
BURNSVILLE,MN55306 		  PC 2022 TRANSITIONAL GEN OP 10,000

OWATONNA HEALTHY SENIORS PROGRAM

PO BOX 1089
OWATONNA,MN55060 		  PC 2022 TRANSITIONAL GEN OP 10,000

PROJECT FINE INC

202 WEST THIRD STREET
WINONA,MN55987 		  PC 2022 TRANSITIONAL GEN OP GRANT 15,000

UJAMAA PLACE

1821 UNIVERSITY AVENUE SUITE N187
SAINT PAUL,MN55104 		  PC 2022 TRANSITIONAL GEN OP 10,000

WRIGHT COUNTY COMMUNITY ACTION INC

130 WEST DIVISION PO BOX 787
MAPLE LAKE,MN55358 		  PC 2022 TRANSITIONAL GEN OP 10,000

ARCATA PRESS

275 EAST FOURTH STREET SUITE 701
SAINT PAUL,MN55101 		  PC 2022 TRANSITIONAL GEN OP 12,500

ARROWHEAD ECONOMIC OPPORTUNITY AGENCY INCORPORATED

702 THIRD AVENUE SOUTH
VIRGINIA,MN55792 		  PC 2022 TRANSITIONAL GEN OP 20,000

AMHERST H WILDER FOUNDATION

451 LEXINGTON PARKWAY NORTH
SAINT PAUL,MN55104 		  PC ACTIVATE OPPORTUNITY: WILDER'S CAMPAIGN FOR FAMILIES 20,000

ELEMENT COMMUNITY HEALTH FUND INC

655 FAIRVIEW AVENUE NORTH
SAINT PAUL,MN55104 		  PC COMOTION: CENTER FOR MOVEMENT HEALTH AND NUTRITION, FITNESS, PHYSICAL EDUCATION AND WELLNESS PROGRAMMING 20,000

WOMENS FOUNDATION OF MINNESOTA

105 FIFTH AVENUE SOUTH SUITE 300
MINNEAPOLIS,MN55401 		  PC YOUNG WOMEN'S INITIATIVE OF MINNESOTA 10,000

COMMUNITY ACTION CENTER OF NORTHFIELD INC

1651 JEFFERSON PARKWAY SUITE HS-200
NORTHFIELD,MN55057 		  PC HILLCREST VILLAGE 25,000

ACCESSIBLE SPACE INC

2550 UNIVERSITY AVENUE WEST SUITE
330 NORTH
SAINT PAUL,MN55114 		  PC PRAIRIE SKY APARTMENTS CAPITAL IMPROVEMENTS 25,000

MINNESOTA ASSISTANCE COUNCIL FOR VETERANS

1000 UNIVERSITY AVENUE WEST SUITE
10
SAINT PAUL,MN55104 		  PC STATEWIDE COMPREHENSIVE SERVICES FOR NATIVE AMERICAN VETERANS 25,000

30000 FEET

1351 ARCADE STREET
ST PAUL,MN55106 		  PC 30,000 FEET - GENERAL OPERATING CAPACITY BUILDING 25,000

A CHANCE TO GROW INC

1800 NE SECOND STEET
MINNEAPOLIS,MN55418 		  PC ACTG SMART STEPS EXPANSION 25,000

AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS

1821 UNIVERSITY AVENUE SUITE S-125
SAINT PAUL,MN55104 		  PC AEDS ART AND CULTURE CAPACITY BUILDING 25,000

ASIAN ECONOMIC DEVELOPMENT ASSOCIATION

422 UNIVERSITY AVENUE WEST SUITE 14
SAINT PAUL,MN55103 		  PC SE ASIAN ARTIST ENGAGEMENT AND DEVELOPMENT 25,000

BETHLEHEM INN OF WASECA

400 SECOND AVENUE NW
WASECA,MN56093 		  PC GENERAL OPERATIONS SUPPORT 20,000

BREATH OF LIFE ADULT DAY SERVICE

200 BUFFALO HILLS LANE EAST
BRAINERD,MN56401 		  PC BUILDING IMPROVEMENT PROJECT 10,000

BRIDGES OF HOPE

PO BOX 742
BRAINERD,MN56401 		  PC BRIDGES OF HOPE GENERAL OPERATING SUPPORT 25,000

CHANGE INC

381 EAST ROBIE STREET
SAINT PAUL,MN55107 		  PC CHANGE INC. - CROSSROADS PROGRAM 15,000

CHURCHES UNITED FOR THE HOMELESS

1901 FIRST AVENUE NORTH
MOORHEAD,MN56560 		  PC CHURCHES UNITED GENERAL OPERATIONS GRANT 15,000

CITY OF MAHNOMEN

104 WEST MADISON AVENUE PO BOX 250
MAHNOMEN,MN56557 		  GOV MANOOMIN ARTS INITIATIVE 25,000

CITY OF LOWRY

206 MAPLE STREET PO BOX 56
LOWRY,MN56349 		  GOV LOWRY COMMUNITY CENTER - SR. CENTER IMPROVEMENT PROJECT 20,909

CLIMB THEATRE INC

6415 CARMEN AVENUE EAST
INVER GROVE HEIGHTS,MN55076 		  PC GENERAL OPERATING SUPPORT FOR SOCIAL EMOTIONAL LEARNING WITH CLIMB THEATRE 25,000

COMMUNITY ACTION CENTER OF NORTHFIELD INC

1651 JEFFERSON PARKWAY SUITE HS-200
NORTHFIELD,MN55057 		  PC FARIBAULT RESOURCE CENTER 20,000

COMMUNITY ACTION DULUTH

2424 WEST 5TH STREET SUITE 102
DULUTH,MN55806 		  PC MOBILE MARKET 15,000

CROSSING ARTS ALLIANCE

711 LAUREL STREET
BRAINERD,MN56401 		  PC CROSSING ARTS OPERATING GRANT 15,000

DISPUTE RESOLUTION CENTER

844 SELBY AVENUE
SAINT PAUL,MN55104 		  PC DISPUTE RESOLUTION CENTER 25,000

DULUTH AREA FAMILY YMCA

302 WEST FIRST STREET
DULUTH,MN55802 		  PC DULUTH AREA FAMILY YMCA SUPPORT 25,000

DULUTH COMMUNITY SCHOOL COLLABORATIVE

32 EAST 1ST STREET 202
DULUTH,MN55802 		  PC DCSC - STRENGTHENING COMMUNITY CONNECTIONS 20,000

ELDER NETWORK

1130 1/2 SEVENTH STREET NW SUITE
205
ROCHESTER,MN55901 		  PC ELDER NETWORK OPERATING FUNDS 2023 20,000

FACE TO FACE HEALTH & COUNSELING SERVICE INC

1165 ARCADE STREET
SAINT PAUL,MN55106 		  PC FACE TO FACE GENERAL OPERATING SUPPORT 25,000

ESPERANZA UNITED

PO BOX 40115
SAINT PAUL,MN55104 		  PC ENGAGING LATIN@ MEN & BOYS 20,000

FAMILYMEANS

1875 NORTHWESTERN AVENUE SOUTH
STILLWATER,MN55082 		  PC CAREGIVING & AGING GENERAL OPERATING 10,000

GROVES ACADEMY

3200 HIGHWAY 100 SOUTH
ST LOUIS PARK,MN55416 		  PC GROVES LITERACY PARTNERSHIPS COLLABORATION WITH SUCCESS ACADEMY IN ST. CLOUD 25,000

HEART OF AMERICA FOUNDATION

655 15TH STREET NORTH WEST 800
WASHINGTON,MN20005 		  PC BOYS AND GIRLS CLUB - NORTHERN MN SERVING INDIGENOUS POPULATIONS 25,000

HELP AT YOUR DOOR

8441 WAYZATA BOULEVARD SUITE 160
GOLDEN VALLEY,MN55426 		  PC BASIC NEEDS FOR THE ELDERLY 15,000

HISPANIC OUTREACH PROGRAM OF GOODHUE COUNTY

PO BOX 146
RED WING,MN55066 		  PC HISPANIC OUTREACH OF GOODHUE COUNTY GENERAL OPERATIONS 25,000

HOME LINE

8011 - 34TH AVENUE SOUTH SUITE 126
BLOOMINGTON,MN55425 		  PC HOME LINE TENANT HOTLINE - GREATER MINNESOTA & EAST METRO 15,000

IRREDUCIBLE GRACE FOUNDATION

643 VIRGINIA STREET
SAINT PAUL,MN55103 		  PC BLACK YOUTH HEALING ARTS CENTER CAPITAL SUPPORT 50,000

LIFE HOUSE INCORPORATED

102 WEST FIRST STREET
DULUTH,MN55802 		  PC LIFE HOUSE IMAGINARIUM 50,000

LOAVES AND FISHES TOO

721 KASOTA AVENUE SE
MINNEAPOLIS,MN55414 		  PC MEAL PROGRAMMING IN ST. CLOUD 25,000

MANKATO AREA FOUNDATION

212 EAST WALNUT STREET SUITE 1
MANKATO,MN56001 		  PC SHARED SPACES FOR THE ARTS 50,000

MERRICK COMMUNITY SERVICES

1669 ARCADE STREET SUITE 4
SAINT PAUL,MN55106 		  PC SUPPORT FOR SENIOR SERVICES AT MERRICK COMMUNITY SERVICES 22,500

MIXED BLOOD THEATRE COMPANY

1501 SOUTH FOURTH STREET
MINNEAPOLIS,MN55454 		  PC 12 ARTISTS WILL WORK IN/WITH 12 NEIGHBORHOODS IN THE TWIN CITIES TO CREATE NEW WORKS THAT ARE UNIQUE TO EACH COMMUNITY, REFLECTING COMMUNITY CONCERNS AND STORIES 10,000

OPEN DOORS FOR YOUTH

554 THIRD STREET NW SUITE 201
ELK RIVER,MN55330 		  PC CONNECTIONS FOR YOUTH EXPERIENCING HOMELESSNESS 15,000

PHOENIX RESIDENCE INC

222 PLATO BOULEVARD EAST
SAINT PAUL,MN55107 		  PC MECHANICAL LIFTING DEVICES FOR INDIVIDUALS WITH DISABILITIES 10,000

PROJECT FRIENDSHIP INC

1651 JEFFERSON PARKWAY
NORTHFIELD,MN55057 		  PC PROJECT FRIENDSHIP - GENERAL OPERATING SUPPORT TO ENSURE ALL YOUTH HAVE ACCESS TO MENTORS 15,000

PROMISE NEIGHBORHOOD OF CENTRAL MINNESOTA

PO BOX 6082
SAINT CLOUD,MN56304 		  PC PROMISE NEIGHBORHOOD'S COMMUNITY EMPOWERMENT 25,000

RECLAIM

2446 UNIVERSITY AVENUE WEST SUITE
104
SAINT PAUL,MN55114 		  PC GENERAL OPERATING SUPPORT FOR QUEER AND TRANS YOUTH MENTAL HEALTH 25,000

RIVERS OF HOPE

PO BOX 511
MONTICELLO,MN55362 		  PC RELATIONSHIP VIOLENCE PREVENTION THROUGH ADVOCACY AND EDUCATION 20,000

RONDO COMMUNITY LAND TRUST

1041 SELBY AVENUE
SAINT PAUL,MN55104 		  PC RONDO ELDER COUNCIL 25,000

SCIENCE FROM SCIENTISTS INC

9001 EAST BLOOMINGTON FRWY SUITE
139
BLOOMINGTON,MN55420 		  PC SCIENCE FROM SCIENTISTS DURING-SCHOOL STEM EDUCATION PROGRAMS IN GREATER MINNESOTA 2023 15,000

SENIOR COMMUNITY SERVICES

10201 WAYZATA BOULEVARD SUITE 335
MINNETONKA,MN55305 		  PC SUPPORT SENIOR INDEPENDENCE & WELLBEING AT HOME 15,000

SOLID GROUND

EAST METRO PLACE 3521 CENTURY
AVENUE NORTH
WHITE BEAR LAKE,MN55110 		  PC CAPITAL CAMPAIGN 50,000

SOD HOUSE THEATER COMPANY

2613 - 30TH AVENUE NE
ST ANTHONY VILLAGE,MN55418 		  PC MARKETING 20,000

TEREBINTH REFUGE

110 SECOND STREET SOUTH SUITE 231
WAITE PARK,MN56387 		  PC TEREBINTH REFUGE GENERAL OPERATIONS 20,000

THE KAREN ORGANIZATION OF MINNESOTA

2353 RICE STREET SUITE 240
ROSEVILLE,MN55113 		  PC YOUTH BEHAVIORAL HEALTH PROGRAM 20,000

WELLSHARE INTERNATIONAL

122 WEST FRANKLIN AVENUE SUITE 510
MINNEAPOLIS,MN55404 		  PC CONTINUING SUPPORT FOR A MANKATO COMMUNITY HEALTH WORKER HUB 25,000
Total .................................right arrow 3a 2,968,409
bApproved for future payment

MINNESOTA AFRICAN WOMEN'S ASSOCIATION
5701 SHINGLE CREEK PARKWAY SUITE
240
BROOKLYN CENTER,MN55430 		  PC AFRICAN GIRLS INITIATIVE FOR LEADERSHIP AND EMPOWERMENT (AGILE) 25,000

AIN DAH YUNG OUR HOME CENTER
1089 PORTLAND AVENUE
SAINT PAUL,MN55104 		  PC AIN DAH YUNG CENTER - GENERAL OPERATING 25,000

180 DEGREES INC
1301 EAST SEVENTH STREET
SAINT PAUL,MN55106 		  PC CAPITAL SUPPORT FOR ST. CLOUD YOUTH SHELTER 25,000

CHRISTIAN CUPBOARD EMERGENCY FOOD SHELF
8264 FOURTH STREET NORTH
OAKDALE,MN55128 		  PC INCREASING ACCESS TO FRESH AND HEALTHY FOOD IN THE EAST METRO 25,000

CENTRO TYRONE GUZMAN
1915 CHICAGO AVENUE SOUTH
MINNEAPOLIS,MN55404 		  PC "MI PEQUENO MUNDO" MONTESSORI HOME VISITING PROGRAM 7,500

YOUTHPRISE
3001 BROADWAY STREET NE SUITE 330
MINNEAPOLIS,MN55413 		  PC YOUTHPRISE 2022 25,000

VENN FOUNDATION
1900 BOHLAND AVENUE
SAINT PAUL,MN55116 		  PC MINNESOTA AFTERSCHOOL ADVANCE 25,000

TUBMAN
4432 CHICAGO AVENUE SOUTH
MINNEAPOLIS,MN55407 		  PC GENERAL OPERATING IN THE EAST METRO 20,000

SECOND HARVEST NORTH CENTRAL FOOD BANK INC
2222 CROMELL DRIVE
GRAND RAPIDS,MN55744 		  PC POP-UP PANTRY PROGRAM 25,000

SAINT PAUL & MINNESOTA FOUNDATION
101 FIFTH STREET EAST SUITE 2400
SAINT PAUL,MN55101 		  PC LITTLE MOMENTS COUNT GREATER MN EXPANSION 25,000

SAINT PAUL & MINNESOTA FOUNDATION
101 FIFTH STREET EAST SUITE 2400
SAINT PAUL,MN55101 		  PC MANAGEMENT IMPROVEMENT FUND 50,000

SAINT PAUL & MINNESOTA FOUNDATION
101 FIFTH STREET EAST SUITE 2400
SAINT PAUL,MN55101 		  PC COMMUNITY SHARING FUND 50,000

SAFE HAVEN SHELTER FOR BATTERED WOMEN
PO BOX 3558
DULUTH,MN55803 		  PC SAFE HAVEN SHELTER REMODEL 30,000

NORTHWOODS BATTERED WOMENS SHELTER INC
PO BOX 563
BEMIDJI,MN56601 		  PC NORTHWOODS BATTERED WOMEN'S SHELTER CAPITAL CAMPAIGN 50,000

NORTH COUNTRY FOOD BANK INC
1011 11TH AVENUE NE
EAST GRAND FORKS,MN56721 		  PC INCREASING THE ACCESSIBILITY OF NUTRITIOUS FOOD IN RURAL COMMUNITIES 25,000

LAKES AREA MUSIC FESTIVAL
PO BOX 96
BRAINERD,MN56401 		  PC LAKES AREA MUSIC FESTIVAL 15,000

TAIKOARTS MIDWEST
3949 - 13TH AVENUE SOUTH
MINNEAPOLIS,MN55407 		  PC TAIKOARTS MIDWEST GENERAL OPERATING 25,000

INDIGENOUS ROOTS
788 EAST SEVENTH STREET
SAINT PAUL,MN55106 		  PC INDIGENOUS ROOTS STAFFING AND GENERAL OPERATING FUNDS 20,000

KEYSTONE COMMUNITY SERVICES
2000 ST ANTHONY AVENUE
SAINT PAUL,MN55104 		  PC KEYSTONE GENERAL OPERATING REQUEST 20,000

AMHERST H WILDER FOUNDATION
451 LEXINGTON PARKWAY NORTH
SAINT PAUL,MN55104 		  PC ACTIVATE OPPORTUNITY: WILDER'S CAMPAIGN FOR FAMILIES 20,000

VICTORIA THEATER ARTS CENTER
1430 CONCORDIA AVENUE PO BOX 40373
SAINT PAUL,MN55104 		  PC VICTORIA THEATER ARTS CENTER CAPITAL CAMPAIGN 25,000
Total ................................. right arrow 3b 557,500
Form 990-PF (2022)
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
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 1,035,792  
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 .....     14 179,779  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 911,362  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aUBIT FROM INVESTMENT PARTNERSHIP 		525990 135,590   -135,590  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 135,590 1,991,343 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,126,933
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 13,515 0   18,028

TY 2022 InvestmentsOtherSchedule2
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENT PARTNERSHIP FMV 61,323,080 61,323,080

TY 2022 LegalFeesSchedule
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 2,826 0   6,326


TY 2022 OtherAssetsSchedule
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID TAX ASSETS 22,844 26,117 26,117


TY 2022 OtherDecreasesSchedule
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Description Amount
UNREALIZED LOSSES 9,475,802


TY 2022 OtherExpensesSchedule
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SPMF ADMIN SERVICES 205,629 0   204,569
MEMBERSHIP DUES 7,750 0   7,750
INSURANCE 4,555 0   4,555
INTERNET, WEB AND DESIGN 1,325 0   2,860
INVESTMENT PARTNERSHIP EXPENSES 0 385,933   0
OTHER 91 0   91


TY 2022 OtherIncomeSchedule2
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INVESTMENT PARTNERSHIP 179,779 358,259 179,779


TY 2022 OtherIncreasesSchedule
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Description Amount
CHANGE IN DEFFERRED TAX 131,236


TY 2022 OtherLiabilitiesSchedule
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAX LIABILITY 209,537 78,301


TY 2022 OtherProfessionalFeesSchedule
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SPMF INVESTMENT MANAGEMENT 12,439 12,439   0
INVESTMENT MANAGMENT FEES 173,328 173,328   0
PROGRAM CONSULTANT 1,500 0   1,500


TY 2022 TaxesSchedule
Name:
MARDAG FOUNDATION
EIN:
41-1698990
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 57,968 0   0