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
CARGILL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 5650
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN554405650
A Employer identification number

41-6020221
B Telephone number (see instructions)

(952) 742-4311
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$233,554,881
J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 146,359 922,486  
4 Dividends and interest from securities... 3,740,691 4,951,089  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -6,541,081
b Gross sales price for all assets on line 6a 116,618,220
7 Capital gain net income (from Part IV, line 2)... 0
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)....... 0 -318,533  
12 Total. Add lines 1 through 11........ -2,654,031 5,555,042 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 20,000 10,000 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 78,090 58,568 0 0
c Other professional fees (attach schedule).... 1,248,216 1,003,506 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 34,231 121,534 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 34,930 257,126 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,415,467 1,450,734 0 0
25 Contributions, gifts, grants paid....... 11,973,180 14,000,079
26 Total expenses and disbursements. Add lines 24 and 25 13,388,647 1,450,734 0 14,000,079
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -16,042,678
b Net investment income (if negative, enter -0-) 4,104,308
c Adjusted net income (if negative, enter -0-)... 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............. 31,319,663 1,469,905 1,469,905
2 Savings and temporary cash investments......... 9,933,549 6,232,655 6,233,358
3 Accounts receivable right arrow2,999,440
Less: allowance for doubtful accounts right arrow   67,695 2,999,440 2,999,440
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)....... 235,757,873 Click to see attachment
List of Attached Documents:
// Content
245,293,075
209,493,801
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).......... 9,094,088 Click to see attachment
List of Attached Documents:
// Content
11,527,876
13,358,377
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 286,172,868 267,522,951 233,554,881
Liabilities 17 Accounts payable and accrued expenses.......... 138,018 321,701
18 Grants payable................. 7,284,899 5,258,000
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
1,127,290
Click to see attachment
List of Attached Documents:
// Content
117,571
23 Total liabilities (add lines 17 through 22)......... 8,550,207 5,697,272
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...........    
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 277,622,661 261,825,679
29 Total net assets or fund balances (see instructions)..... 277,622,661 261,825,679
30 Total liabilities and net assets/fund balances (see instructions). 286,172,868 267,522,951
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
277,622,661
2
Enter amount from Part I, line 27a .....................
2
-16,042,678
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
245,696
4
Add lines 1, 2, and 3 ..........................
4
261,825,679
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
261,825,679
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 10X GENOMICS INC P    
b ABB LTD P    
c ABBOTT LABORATORIES P    
d ABBVIE INC P    
e ABCAM PLC P    
ACADIAN INTERNATIONAL SMALL P    
ACCENTURE PLC P    
ACTIVISION BLIZZARD INC P    
ADOBE INC P    
ADVANCE AUTO PARTS INC P    
ADVANCED MICRO DEVICES INC P    
ADVANTEST CORP P    
ADYEN NV P    
AFLAC INC P    
AGILENT TECHNOLOGIES INC P    
AIA GROUP LTD P    
AIRBUS SE P    
AKER BP ASA P    
ALCON INC P    
ALERIAN MLP ETF P    
ALIBABA GROUP HOLDING LTD P    
ALLEGHANY CORP P    
ALLEIMA AB P    
ALLSTATE CORP/THE P    
ALLY FINANCIAL INC P    
ALPHABET INC P    
ALPHADYNE INTERNATIONAL FUND P    
ALSTOM SA P    
ALTRIA GROUP INC P    
AMADEUS IT GROUP SA P    
AMAZON.COM INC P    
AMERICAN EXPRESS CO P    
AMERICAN INTERNATIONAL GROUP I P    
AMERICAN WATER WORKS CO INC P    
AMGEN INC P    
AON PLC P    
APPLE INC P    
APPLIED MATERIALS INC P    
APTARGROUP INC P    
APTIV PLC P    
ARISTA NETWORKS INC P    
ASML HOLDING NV P    
ASSURANT INC P    
ASTRAZENECA PLC P    
AT&T INC P    
ATLAS COPCO AB P    
AURELIUS CAPITAL MANAGEMENT P    
AUTODESK INC P    
AUTOMATIC DATA PROCESSING INC P    
AVNET INC P    
BAE SYSTEMS PLC P    
BAKER HUGHES CO P    
BANCO BILBAO VIZCAYA ARGENTARI P    
BANK OF AMERICA CORP P    
BANK OF NEW YORK MELLON CORP/T P    
BANK OF NOVA SCOTIA/THE P    
BAXTER INTERNATIONAL INC P    
BECTON DICKINSON & CO P    
BERKSHIRE HATHAWAY INC P    
BEST BUY CO INC P    
BGF POSITIVE CHGE EQTS-INST P    
BHP GROUP LTD P    
BIO-RAD LABORATORIES INC P    
BLACKROCK EMERGING FUND P    
BLOCK INC P    
BOEING CO/THE P    
BOOKING HOLDINGS INC P    
BOOZ ALLEN HAMILTON HOLDING CO P    
BOSTON TR WALDEN SM CAP P    
BP PLC P    
BRAMBLES LTD P    
BRIGHT HORIZONS FAMILY SOLUTIO P    
BRISTOL-MYERS SQUIBB CO P    
BRITISH AMERICAN TOBACCO PLC P    
BRIXMOR PROPERTY GROUP INC P    
BROADCOM INC P    
BRUKER CORP P    
BYD CO LTD P    
CADENCE DESIGN SYSTEMS INC P    
CAE INC P    
CALIX INC P    
CANADIAN IMPERIAL BANK OF COMM P    
CAPITAL ONE FINANCIAL CORP P    
CARDINAL HEALTH INC P    
CATERPILLAR INC P    
CBRE GROUP INC P    
CDW CORP/DE P    
CENCORA INC P    
CERIDIAN HCM HOLDING INC P    
CHAMPIONX CORP P    
CHEVRON CORP P    
CHIPOTLE MEXICAN GRILL INC P    
CHR HANSEN HOLDING A/S P    
CHUBB LTD P    
CHURCH & DWIGHT CO INC P    
CIE FINANCIERE RICHEMONT SA P    
CISCO SYSTEMS INC P    
CITIGROUP INC P    
CLOROX CO/THE P    
CME GROUP INC P    
COCA-COLA AMATIL LTD P    
COCA-COLA CO/THE P    
COCA-COLA EUROPACIFIC PARTNERS P    
COGNIZANT TECHNOLOGY SOLUTIONS P    
COINBASE GLOBAL INC P    
COLGATE-PALMOLIVE CO P    
COMCAST CORP P    
COMPASS GROUP PLC P    
CONSTELLATION BRANDS INC P    
COTY INC P    
CTF EMERGING LCL DBT P    
CUMMINS INC P    
CVS HEALTH CORP P    
CYBERARK SOFTWARE LTD P    
CYRUSONE INC P    
DAIKIN INDUSTRIES LTD P    
DAIMLER TRUCK HOLDING AG P    
DANAHER CORP P    
DANONE SA P    
DASSAULT SYST SHS P    
DECKERS OUTDOOR CORP P    
DEERE & CO P    
DELL TECHNOLOGIES INC P    
DENTSPLY SIRONA INC P    
DEUTSCHE BOERSE AG P    
DEXCOM INC P    
DIAGEO PLC P    
DIAMONDBACK ENERGY INC P    
DIGITAL TURBINE INC P    
DISCOVER FINANCIAL SERVICES P    
DOCUSIGN INC P    
DODGE & COX GLOBAL STOCK-I P    
DSV A/S P    
DUKE REALTY CORP P    
EATON CORP PLC P    
EDISON INTERNATIONAL P    
EDWARDS LIFESCIENCES CORP P    
ELECTRONIC ARTS INC P    
ELEVANCE HEALTH INC P    
ELI LILLY & CO P    
EMBECTA CORP P    
EMERGING MARKETS EQUITY FOCUS P    
EPAM SYSTEMS INC P    
EPIROC AB P    
ERSTE GROUP BANK AG P    
ESSENTIAL UTILITIES INC P    
ESSEX PROPERTY TRUST INC P    
ESTEE LAUDER COS INC/THE P    
ETSY INC P    
EVOLUTION AB P    
EXACT SCIENCES CORP P    
EXPEDIA GROUP INC P    
EXTRA SPACE STORAGE INC P    
FAST RETAILING CO LTD P    
FIDELITY NATIONAL INFORMATION P    
FIFTH THIRD BANCORP P    
FLEX LTD P    
FLUOR CORP P    
FORD MOTOR CO P    
FORTIVE CORP P    
FUTU HOLDINGS LTD P    
GARTNER INC P    
GEN DIGITAL INC P    
GENERAL ELECTRIC CO P    
GENERAL MOTORS CO P    
GERRESHEIMER AG P    
GILEAD SCIENCES INC P    
GLDMN SCHS CORE FXD INC-INST P    
GLDMN SCHS TCT TLT OVRLY-R6 P    
GOLDEN TREE HIGH YIELD FUND P    
GROUPE BRUXELLES LAMBERT NV P    
GSK PLC P    
GUARDANT HEALTH INC P    
HALEON PLC P    
HALLIBURTON CO P    
HARTFORD FINANCIAL SERVICES GR P    
HASBRO INC P    
HCA HEALTHCARE INC P    
HDFC BANK LTD P    
HEIDELBERG MATERIALS AG P    
HERSHEY CO/THE P    
HEWLETT PACKARD ENTERPRISE CO P    
HEXCEL CORP P    
HOLOGIC INC P    
HOME DEPOT INC/THE P    
HONEYWELL INTERNATIONAL INC P    
HORMEL FOODS CORP P    
HP INC P    
HSBC HOLDINGS PLC P    
ICON PLC P    
IDEXX LABORATORIES INC P    
IHS MARKIT LTD P    
ILLINOIS TOOL WORKS INC P    
ILLUMINA INC P    
IMPERIAL BRANDS PLC P    
IMPERIAL OIL LTD P    
INDUSTRIA DE DISENO TEXTIL SA P    
INFINEON TECHNOLOGIES AG P    
ING GROEP NV P    
INSPERITY INC P    
INSULET CORP P    
INTEL CORP P    
INTERCONTINENTAL EXCHANGE INC P    
INTERNATIONAL BUSINESS MACHINE P    
INTERNATIONAL FLAVORS & FRAGRA P    
INTERPUBLIC GROUP OF COS INC/T P    
INTESA SANPAOLO SPA P    
INTUIT INC P    
ISHARES CORE S&P 500 ETF P    
ISHARES MSCI EAFE ETF P    
ITOCHU CORP P    
J M SMUCKER CO/THE P    
JOHNSON & JOHNSON P    
JPMORGAN CHASE & CO P    
KBR INC P    
KEYSIGHT TECHNOLOGIES INC P    
KONINKLIJKE DSM NV P    
KONINKLIJKE PHILIPS NV P    
KROGER CO/THE P    
L3HARRIS TECHNOLOGIES INC P    
LABORATORY CORP OF AMERICA HOL P    
LAM RESEARCH CORP P    
LINCOLN NATIONAL CORP P    
LIVE NATION ENTERTAINMENT INC P    
LLOYDS BANKING GROUP PLC P    
LOCKHEED MARTIN CORP P    
LOGITECH INTERNATIONAL SA P    
LONDON STOCK EXCHANGE GROUP PL P    
LOREAL SA P    
LOWE'S COS INC P    
LULULEMON ATHLETICA INC P    
LUMENTUM HOLDINGS INC P    
LUNDIN ENERGY MERGERCO AB P    
LUXOR CAPITAL PARTNERS P    
LYFT INC P    
M3 INC P    
MACY'S INC P    
MANPOWERGROUP INC P    
MARSH & MCLENNAN COS INC P    
MARUBENI CORP P    
MARVELL TECHNOLOGY INC P    
MASTEC INC P    
MASTERCARD INC P    
MCCORMICK & CO INC/MD P    
MCDONALD'S CORP P    
MCKESSON CORP P    
MEDTRONIC PLC P    
MELCO RESORTS & ENTERTAINMENT P    
MERCADOLIBRE INC P    
MERCK & CO INC P    
META PLATFORMS INC P    
MGM RESORTS INTERNATIONAL P    
MICROSOFT CORP P    
MITSUI & CO LTD P    
MIZUHO FINANCIAL GROUP INC P    
MODERNA INC P    
MONOLITHIC POWER SYSTEMS INC P    
MOODY'S CORP P    
MOTOROLA SOLUTIONS INC P    
MSCI INC P    
NETFLIX INC P    
NETWORK INTERNATIONAL HOLDINGS P    
NEW YORK TIMES CO/THE P    
NEXTERA ENERGY INC P    
NIDEC CORP P    
NIKE INC P    
NINTENDO CO LTD P    
NOKIA OYJ P    
NOMURA HOLDINGS INC P    
NORTHERN TRUST CORP P    
NOV INC P    
NOVARTIS AG P    
NOVO NORDISK A/S P    
NVIDIA CORP P    
NXP SEMICONDUCTORS NV P    
OKTA INC P    
OMNICOM GROUP INC P    
ON SEMICONDUCTOR CORP P    
ORACLE CORP P    
ORSTED AS P    
OWENS CORNING P    
OWNERSHIP CAPITAL GLOBAL P    
OZ MASTER FUND P    
PACIFIC ASSET MANAGEMENT BANK P    
PARAMOUNT GLOBAL P    
PARTNERS GROUP HOLDING AG P    
PAYPAL HOLDINGS INC P    
PELOTON INTERACTIVE INC P    
PENUMBRA INC P    
PEPSICO INC P    
PFIZER INC P    
PHILIP MORRIS INTERNATIONAL IN P    
PNC FINANCIAL SERVICES GROUP I P    
PRINCIPAL FINANCIAL GROUP INC P    
PROCTER & GAMBLE CO/THE P    
PROGRESSIVE CORP/THE P    
PROLOGIS INC P    
PRUDENTIAL FINANCIAL INC P    
PUBLIC STORAGE P    
QUALCOMM INC P    
RALPH LAUREN CORP P    
RAYMOND JAMES FINANCIAL INC P    
RBC BLUEBAY HI YLD BND-I P    
REALTY INCOME CORP P    
RECKITT BENCKISER GROUP PLC P    
RECRUIT HOLDINGS CO LTD P    
REGENERON PHARMACEUTICALS INC P    
REINSURANCE GROUP OF AMERICA I P    
RITCHIE BROS AUCTIONEERS INC P    
ROBERT HALF INC P    
ROCKWELL AUTOMATION INC P    
ROYAL BANK OF CANADA P    
ROYAL GOLD INC P    
RTX CORP P    
S&P GLOBAL INC P    
SALESFORCE INC P    
SAMSUNG ELECTRONICS CO LTD P    
SANDVIK AB P    
SANOFI P    
SAP SE P    
SCHLUMBERGER LTD P    
SCHNEIDER ELECTRIC SE P    
SEA LTD P    
SENSATA TECHNOLOGIES HOLDING P P    
SERVICENOW INC P    
SHELL PLC P    
SHOPIFY INC P    
SINGAPORE TELECOMMUNICATIONS L P    
SITIME CORP P    
SMC CORP P    
SNAP INC P    
SODEXO SA P    
SONY GROUP CORP P    
SOUTHWEST AIRLINES CO P    
SPARK NEW ZEALAND LTD P    
SPECTRUM BRANDS HOLDINGS INC P    
SPLUNK INC P    
SSGA LONG US TREASURY INDEX P    
STANLEY BLACK & DECKER INC P    
STARBUCKS CORP P    
STATE STREET CORP P    
STEADFAST P    
STELLANTIS NV P    
STERIS PLC P    
STRYKER CORP P    
SUN LIFE FINANCIAL INC P    
SVB FINANCIAL GROUP P    
SWATCH GROUP AG/THE P    
T ROWE PRICE GROUP INC P    
TARGET CORP P    
TE CONNECTIVITY LTD P    
TELADOC HEALTH INC P    
TELEDYNE TECHNOLOGIES INC P    
TELEFONAKTIEBOLAGET LM ERICSSO P    
TELEFONICA BRASIL SA P    
TEREX CORP P    
TESLA INC P    
TETRA TECH INC P    
THERMO FISHER SCIENTIFIC INC P    
TJX COS INC/THE P    
TOMRA SYSTEMS ASA P    
TOPBUILD CORP P    
TORONTO-DOMINION BANK/THE P    
TOTALENERGIES SE P    
TOYOTA MOTOR CORP P    
TRANE TECHNOLOGIES PLC P    
TRANSUNION P    
TRAVELERS COS INC/THE P    
TREX CO INC P    
TRUIST FINANCIAL CORP P    
TWILIO INC P    
TWITTER INC P    
UBER TECHNOLOGIES INC P    
UBS GROUP AG P    
ULTA BEAUTY INC P    
UMICORE SA P    
UNICREDIT SPA P    
UNILEVER PLC P    
UNITED PARCEL SERVICE INC P    
UNITEDHEALTH GROUP INC P    
UNIVERSAL DISPLAY CORP P    
VALVOLINE INC P    
VANGUARD FTSE DEVELOPED ETF P    
VENTAS INC P    
VERIZON COMMUNICATIONS INC P    
VESTAS WIND SYSTEMS A/S P    
VF CORP P    
VIFOR PHARMA AG P    
VIKING GLOBAL EQUITIES III LTD P    
VISA INC P    
VODAFONE GROUP PLC P    
VOLVO AB P    
WALGREENS BOOTS ALLIANCE INC P    
WALMART INC P    
WALT DISNEY CO/THE P    
WARNER BROS DISCOVERY INC P    
WASTE MANAGEMENT INC P    
WELLS FARGO & CO P    
WEST PHARMACEUTICAL SERVICES I P    
WESTERN DIGITAL CORP P    
WHEATON PRECIOUS METALS CORP P    
WILLIS TOWERS WATSON PLC P    
WOLFSPEED INC P    
WOODSIDE ENERGY GROUP LTD P    
WORKDAY INC P    
WW GRAINGER INC P    
XILINX INC P    
XYLEM INC/NY P    
YUM! BRANDS INC P    
Z HOLDINGS CORP P    
ZALANDO SE P    
ZOETIS INC P    
ZOOM VIDEO COMMUNICATIONS INC 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 7,869     -14,277
b 60,698     -15,883
c 69,149     -13,196
d 84,908     5,871
e 17,155     -2,537
701,610     -209,121
259,582     -22,256
18,672     -603
51,241     -24,002
132,359     -32,609
58,018     -12,010
16,311     -588
395,596     -108,218
84,475     2,605
23,248     -977
33,285     -10,743
34,544     -2,432
19     58,550
113,632     -10,534
2,260,061     -120,223
28,988     -33,793
25,441     539
1     0
18,937     1,135
21,265     -8,615
295,207     -59,578
      380,589
15,505     -7,562
56,321     -2,768
41,369     -15,823
207,970     -29,519
99,031     -5,484
67,037     -5,946
134,636     -25,096
43,106     2,637
16,535     116
1,053,038     -46,468
18,991     -9,565
42,762     -6,042
56,410     -42,031
29,626     -1,971
275,744     -31,989
36,902     2,941
37,522     1,363
16,481     -3,523
677     -293
      43,233
65,197     -18,224
126,708     -5,114
18,522     -2,387
303,096     93,176
68,352     3,231
18,484     2,401
122,342     -26,675
144,566     -24,486
42,953     -12,953
42,672     -5,040
174,039     -9,193
61,860     2,738
34,832     -15,253
56,100     56,100
41,226     -11,746
17,585     -20,412
21,432,684     -3,661,628
255,564     -264,939
18,826     -2,589
349,410     -15,723
31,042     -949
3,980,000     -546,676
37,499     2,345
57,995     8,824
16,603     -12,171
60,421     4,543
37,000     -2,679
24,245     -5,764
69,277     -5,462
73,579     -21,463
566,482     107,571
65,509     5,199
18,756     -5,905
232,460     35,121
57,415     -10,787
65,858     -18,974
76,337     15,407
96,582     -8,657
39,873     -12,118
30,907     -5,014
16,554     899
20,880     -4,514
18,782     -502
80,136     19,468
18,901     -2,348
13,327     -3,944
33,901     -1,167
18,834     -1,664
188,766     26,371
82,124     -23,667
110,063     -39,406
71,270     -9,680
31,299     -3,909
38     38
100,661     -221
67,889     -9,594
45,306     -6,178
209,445     -27,291
277,816     -20,533
81,917     -19,101
231,445     43,009
29,701     -547
24,057     738
26,032     -4,421
104,719     -9,301
118,769     802
16,747     2,675
39,458     616
24,831     -3,891
15,446     844
59,508     -9,950
38,687     -7,299
26,500     -11,058
35,868     8,545
48,288     3,909
13,246     -3,396
21,137     -16,529
23,101     747
19,894     -4,223
134,295     -19,660
19,960     2,046
9,268     -12,774
21,345     -225
21,190     -25,474
500,063     500,063
54,127     -3,958
35,898     -2,945
24,529     3,826
125,794     4,041
77,916     -18,423
46,952     -2,937
862,847     206,373
80,013     16,078
18,051     703
2,640,000     -763,309
24,716     -17,442
21,043     -1,655
26,659     -16,457
54,563     -7,339
34,583     -10,359
60,515     -7,705
38,009     -25,467
15,499     -2,952
19,983     -19,292
125,085     -15,837
26,435     -5,351
20,807     1,427
56,466     -13,520
51,833     -16,990
120,658     9,786
16,572     2,861
21,312     -4,919
37,101     -6,799
18,701     941
20,109     -4,576
24,237     -3,835
16,634     -5,739
43,610     -11,459
86,774     -35,311
117,389     1,625
1,100,000     -183,838
3,350,000     -117,457
      17,929
38,785     -10,638
491,534     22,699
20,003     6,270
91,885     -19,160
35,051     86
58,611     -4,777
37,868     -4,119
26,233     -10,552
122,736     -22,104
37,335     -16,100
79,713     5,740
52,841     -8,432
162,921     -30,776
30,510     -1,110
162,500     -33,909
86,982     4,686
16,021     357
16,363     -5,589
50,597     -6,266
9,694     -2,085
36,245     -19,525
90     90
20,016     -4,490
24,826     -19,335
40,016     -4,516
491,525     201,501
62,995     -13,274
20,694     -10,945
40,936     -13,715
21,704     -3,082
19,310     2,807
43,419     -24,124
49,771     -16,778
20,833     -294
41,762     -10,976
38,837     -11,098
26,352     1,607
130,951     -12,225
31,037,485     734,756
12,896,525     -989,752
40,416     -3,315
35,361     -572
87,471     2,271
299,167     -61,053
18,733     1,321
39,239     -3,016
22,396     -12,272
188,382     -371,128
29,196     3,852
32,627     899
665,044     -21,437
92,542     -21,051
30,409     -3,418
27,480     -5,386
28,529     -3,672
192,772     21,410
16,101     -8,063
13,410     32
21,918     -1,609
95,104     -6,994
56,899     -9,356
66,448     -12,044
11,353     -58,257
      80,994
19,366     -10,247
16,205     -2,808
15,241     -8,115
18,753     -6,295
58,945     2,486
43,916     3,036
46,837     -25,044
35,742     2,699
60,129     -3,817
53,361     -5,310
81,058     -1,368
90,156     22,355
99,194     -13,197
12,286     -10,690
147,268     -78,566
79,957     7,506
208,212     -159,278
26,828     -6,187
387,407     -67,584
67,166     3,318
33,408     241
17,099     -3,509
23,951     -72
77,406     -15,498
560,512     -51,198
43,134     -13,853
41,687     -52,780
115,271     -59,092
17,195     -6,176
35,956     -1,091
20,960     -7,721
443,489     -186,971
73,877     1,716
46,852     -8,858
36,416     -13,244
46,208     -3,223
19,114     1,718
461,768     2,256
65,335     5,544
112,675     -50,507
28,338     -9,867
20,888     -7,176
21,517     2,159
15,908     -947
64,863     -14,103
279,378     -57,670
324,515     -13,351
104,744     -28,241
      3,268
1,218,935     -13,342
30,400     -9,939
32,344     -17,617
48,705     -21,680
8,553     -13,233
12,681     -10,085
46,424     -551
30,002     -4,245
50,455     -2,156
64,029     -17,209
68,999     3,254
460,587     23,442
247,156     68,664
54,046     -17,093
90,747     -6,955
37,521     -6,145
33,504     -7,314
31,749     -6,207
44,344     8,525
1,950,000     -336,958
82,723     -1,420
37,436     -5,624
280,240     -123,354
35,602     2,384
31,423     465
18,622     29
18,998     -7,265
460,197     -122,174
98,850     -16,105
38,576     -3,247
54,097     2,895
114,405     -32,684
16,541     -7,993
83,444     -39,083
      0
78,831     -6,384
125,768     -16,442
16,480     261
343,582     -58,072
16,145     -4,922
15,518     -2,873
35,538     -5,478
143,760     26,157
21,295     -24,082
41,286     -1,180
9,465     -10,330
40,436     -9,919
12,854     -23,725
20,748     3,908
39,038     -18,824
28,383     -11,158
35,819     2,531
16,296     -11,764
53,435     -15,947
1,342     -353
20,496     -5,764
55,238     -5,949
42,300     -8,731
      963,005
44,561     -5,386
31,235     -6,897
70,130     -2,312
78,551     -19,645
161,459     -88,236
2,252     -340
35,114     -15,711
23,377     -3,166
83,153     -11,067
13,503     -18,820
22,219     -3,219
346,470     -4,938
266,217     18,464
19,083     -4,514
124,189     -8,015
31,221     -2,377
16,481     -980
56,940     -8,191
134,198     -13,988
251,849     -16,444
137,809     -24,302
139,630     -10,098
158,534     -35,996
69,311     -9,476
34,719     -2,248
57,522     -2,077
308,473     -242,780
107,871     -31,568
24,464     -32,221
52,520     18,539
19,179     108
79,999     2,691
16,655     2,061
21,355     -2,058
16,315     1,989
132,321     -18,324
75,507     -13,227
110,001     12,923
23,905     -9,448
32,462     -5,808
1,411,056     -215,014
22,236     -1,404
88,506     -24,022
618,241     -116,655
32,039     -10,806
37,284     2,068
      1,991,835
186,210     -10,856
28,789     -14,529
27,264     -4,604
42,090     -9,198
138,222     -14,512
25,187     -6,981
20,735     -18,027
120,683     -5,018
48,900     -4,134
18,407     -9,378
30,696     -7,000
20,004     -4,184
34,693     -662
312,339     34,033
7,204     -94
61,401     -31,711
119,739     14,505
99     99
154,211     -34,695
21,518     -1,225
12,001     -10,262
26,598     -8,203
110,766     -9,681
18,321     -16,247
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       -14,277
b       -15,883
c       -13,196
d       5,871
e       -2,537
      -209,121
      -22,256
      -603
      -24,002
      -32,609
      -12,010
      -588
      -108,218
      2,605
      -977
      -10,743
      -2,432
      58,550
      -10,534
      -120,223
      -33,793
      539
      0
      1,135
      -8,615
      -59,578
      380,589
      -7,562
      -2,768
      -15,823
      -29,519
      -5,484
      -5,946
      -25,096
      2,637
      116
      -46,468
      -9,565
      -6,042
      -42,031
      -1,971
      -31,989
      2,941
      1,363
      -3,523
      -293
      43,233
      -18,224
      -5,114
      -2,387
      93,176
      3,231
      2,401
      -26,675
      -24,486
      -12,953
      -5,040
      -9,193
      2,738
      -15,253
      56,100
      -11,746
      -20,412
      -3,661,628
      -264,939
      -2,589
      -15,723
      -949
      -546,676
      2,345
      8,824
      -12,171
      4,543
      -2,679
      -5,764
      -5,462
      -21,463
      107,571
      5,199
      -5,905
      35,121
      -10,787
      -18,974
      15,407
      -8,657
      -12,118
      -5,014
      899
      -4,514
      -502
      19,468
      -2,348
      -3,944
      -1,167
      -1,664
      26,371
      -23,667
      -39,406
      -9,680
      -3,909
      38
      -221
      -9,594
      -6,178
      -27,291
      -20,533
      -19,101
      43,009
      -547
      738
      -4,421
      -9,301
      802
      2,675
      616
      -3,891
      844
      -9,950
      -7,299
      -11,058
      8,545
      3,909
      -3,396
      -16,529
      747
      -4,223
      -19,660
      2,046
      -12,774
      -225
      -25,474
      500,063
      -3,958
      -2,945
      3,826
      4,041
      -18,423
      -2,937
      206,373
      16,078
      703
      -763,309
      -17,442
      -1,655
      -16,457
      -7,339
      -10,359
      -7,705
      -25,467
      -2,952
      -19,292
      -15,837
      -5,351
      1,427
      -13,520
      -16,990
      9,786
      2,861
      -4,919
      -6,799
      941
      -4,576
      -3,835
      -5,739
      -11,459
      -35,311
      1,625
      -183,838
      -117,457
      17,929
      -10,638
      22,699
      6,270
      -19,160
      86
      -4,777
      -4,119
      -10,552
      -22,104
      -16,100
      5,740
      -8,432
      -30,776
      -1,110
      -33,909
      4,686
      357
      -5,589
      -6,266
      -2,085
      -19,525
      90
      -4,490
      -19,335
      -4,516
      201,501
      -13,274
      -10,945
      -13,715
      -3,082
      2,807
      -24,124
      -16,778
      -294
      -10,976
      -11,098
      1,607
      -12,225
      734,756
      -989,752
      -3,315
      -572
      2,271
      -61,053
      1,321
      -3,016
      -12,272
      -371,128
      3,852
      899
      -21,437
      -21,051
      -3,418
      -5,386
      -3,672
      21,410
      -8,063
      32
      -1,609
      -6,994
      -9,356
      -12,044
      -58,257
      80,994
      -10,247
      -2,808
      -8,115
      -6,295
      2,486
      3,036
      -25,044
      2,699
      -3,817
      -5,310
      -1,368
      22,355
      -13,197
      -10,690
      -78,566
      7,506
      -159,278
      -6,187
      -67,584
      3,318
      241
      -3,509
      -72
      -15,498
      -51,198
      -13,853
      -52,780
      -59,092
      -6,176
      -1,091
      -7,721
      -186,971
      1,716
      -8,858
      -13,244
      -3,223
      1,718
      2,256
      5,544
      -50,507
      -9,867
      -7,176
      2,159
      -947
      -14,103
      -57,670
      -13,351
      -28,241
      3,268
      -13,342
      -9,939
      -17,617
      -21,680
      -13,233
      -10,085
      -551
      -4,245
      -2,156
      -17,209
      3,254
      23,442
      68,664
      -17,093
      -6,955
      -6,145
      -7,314
      -6,207
      8,525
      -336,958
      -1,420
      -5,624
      -123,354
      2,384
      465
      29
      -7,265
      -122,174
      -16,105
      -3,247
      2,895
      -32,684
      -7,993
      -39,083
      0
      -6,384
      -16,442
      261
      -58,072
      -4,922
      -2,873
      -5,478
      26,157
      -24,082
      -1,180
      -10,330
      -9,919
      -23,725
      3,908
      -18,824
      -11,158
      2,531
      -11,764
      -15,947
      -353
      -5,764
      -5,949
      -8,731
      963,005
      -5,386
      -6,897
      -2,312
      -19,645
      -88,236
      -340
      -15,711
      -3,166
      -11,067
      -18,820
      -3,219
      -4,938
      18,464
      -4,514
      -8,015
      -2,377
      -980
      -8,191
      -13,988
      -16,444
      -24,302
      -10,098
      -35,996
      -9,476
      -2,248
      -2,077
      -242,780
      -31,568
      -32,221
      18,539
      108
      2,691
      2,061
      -2,058
      1,989
      -18,324
      -13,227
      12,923
      -9,448
      -5,808
      -215,014
      -1,404
      -24,022
      -116,655
      -10,806
      2,068
      1,991,835
      -10,856
      -14,529
      -4,604
      -9,198
      -14,512
      -6,981
      -18,027
      -5,018
      -4,134
      -9,378
      -7,000
      -4,184
      -662
      34,033
      -94
      -31,711
      14,505
      99
      -34,695
      -1,225
      -10,262
      -8,203
      -9,681
      -16,247
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 -6,541,081
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 57,050
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 57,050
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 57,050
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 60,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 70,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 130,000
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 72,950
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow72,950 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
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
Yes
 
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 arrowSEE PART XIV, LINE 2
14
The books are in care ofright arrowMICHELLE GROGG Telephone no.right arrow (952) 742-4311

Located atright arrowPO BOX 5650MINNEAPOLISMN ZIP+4right arrow554405650
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
COLLEEN MAY DIRECTOR, PRESIDENT
1.00
0 0 0
PO BOX 5650
MINNEAPOLIS,MN554405650
BEN AASE DIRECTOR
1.00
10,000 0 0
PO BOX 5650
MINNEAPOLIS,MN554405650
SHEILA RIGGS DIRECTOR
1.00
10,000 0 0
PO BOX 5650
MINNEAPOLIS,MN554405650
ROGER WATCHORN DIRECTOR, VICE PRESIDENT
1.00
0 0 0
PO BOX 5650
MINNEAPOLIS,MN554405650
ANNA RICHO DIRECTOR, VICE PRESIDENT
1.00
0 0 0
PO BOX 5650
MINNEAPOLIS,MN554405650
KOJO AMOO-GOTTFRIED DIRECTOR, VICE PRESIDENT
1.00
0 0 0
PO BOX 5650
MINNEAPOLIS,MN554405650
SUSAN MERCER DIRECTOR, VICE PRESIDENT
1.00
0 0 0
PO BOX 5650
MINNEAPOLIS,MN554405650
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
KPMG LLP AUDIT AND TAX SERVICES 78,090
90 S 7TH STREET SUITE 4200
MINNEAPOLIS,MN55402
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
232,956,732
b
Average of monthly cash balances.......................
1b
18,725,303
c
Fair market value of all other assets (see instructions)................
1c
2,799,962
d
Total (add lines 1a, b, and c).........................
1d
254,481,997
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
254,481,997
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,817,230
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
250,664,767
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
12,533,238
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
12,533,238
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
57,050
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
57,050
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
12,476,188
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
12,476,188
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
12,476,188
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
14,000,079
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
14,000,079
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 12,476,188
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020...... 2,511,469
e From 2021......  
f Total of lines 3a through e ........ 2,511,469
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 14,000,079
a Applied to 2021, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2022 distributable amount..... 12,476,188
e Remaining amount distributed out of corpus 1,523,891
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 4,035,360
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ...
0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ......
4,035,360
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020.... 2,511,469
d Excess from 2021....  
e Excess from 2022.... 1,523,891
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:
MICHELLE GROGG EXECUTIVE DIRECTOR
PO BOX 5650
MINNEAPOLIS,MN554405632
(952) 742-4311
bThe form in which applications should be submitted and information and materials they should include:
HTTPS://WWW.CYBERGRANTS.COM/CARGILL/CHILDHOODNUTRITIONGRANT
cAny submission deadlines:
SEE STATEMENT 11
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE STATEMENT 12
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MICHELLE GROGG EXECUTIVE DIRECTOR
PO BOX 5650
MINNEAPOLIS,MN554405632
(952) 742-4311
bThe form in which applications should be submitted and information and materials they should include:
HTTPS://WWW.CYBERGRANTS.COM/CARGILL/COLLEGECAREERREADINESSGRANT
cAny submission deadlines:
SEE STATEMENT 11
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE STATEMENT 12
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MICHELLE GROGG EXECUTIVE DIRECTOR
PO BOX 5650
MINNEAPOLIS,MN554405632
(952) 742-4311
bThe form in which applications should be submitted and information and materials they should include:
HTTPS://WWW.CYBERGRANTS.COM/CARGILL/STEMEDUCATIONGRANT
cAny submission deadlines:
SEE STATEMENT 11
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE STATEMENT 12
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MICHELLE GROGG EXECUTIVE DIRECTOR
PO BOX 5650
MINNEAPOLIS,MN554405632
(952) 742-4311
bThe form in which applications should be submitted and information and materials they should include:
HTTPS://WWW.CYBERGRANTS.COM/CARGILL/ARTSANDCIVICSGRANT
cAny submission deadlines:
SEE STATEMENT 11
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE STATEMENT 12
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

30000 FEET

2355 HIGHWAY 36 W STE 400
ST PAUL,MN55113
  PC TECH GEEKS 100,000

ACES (ATHLETES COMMITTED TO EDUCATING STUDENTS)

1115 E HENNEPIN AVE
MINNEAPOLIS,MN55414
  PC ACES SPORTS & STEM PROGRAMMING 150,000

ACHIEVE TWIN CITIES

404 SOUTH 8TH STREET SUITE 105
MINNEAPOLIS,MN55404
  PC PROGRAM SUPPORT 3,074,995

APPETITE FOR CHANGE

1200 WEST BROADWAY AVENUE 180
MINNEAPOLIS,MN55411
  PC HUNGRY FOR CHANGE 250,000

BANYAN FOUNDATION

2529 13TH AVENUE SOUTH
MINNEAPOLIS,MN554044506
  PC ADOLESCENT EDUCATION SUPPORT PROGRAM - ACES 70,000

BESTPREP

7100 NORTHLAND CIRCLE NORTH 306
BROOKLYN PARK,MN55428
  PC CLOUD COACH, EMENTORS, CLASSROOM PLUS (CAREER DAY) AND MINNESOTA BUSINESS VENTURE PROGRAMS 65,000

BIG BROTHERS BIG SISTERS OF THE GREATER TWIN CITIES

2550 UNIVERSITY AVENUE WEST STE
410N
ST PAUL,MN55114
  PC BEYOND SCHOOL WALLS PROGRAM 75,000

BLACK MEN TEACH

1001 HIGHWAY 7 SUITE 170L
HOPKINS,MN553054737
  PC PROGRAM SUPPORT 50,000

BREAKTHROUGH TWIN CITIES

2051 LARPENTEUR AVE E
ST PAUL,MN55109
  PC CAPACITY BUILDING 237,500

CENTRO TYRONE GUZMAN

1915 CHICAGO AVENUE
MINNEAPOLIS,MN55404
  PC CENTRO FAMILY NUTRITION PROGRAM 64,000

CHANGE STARTS WITH COMMUNITY

1201 W BROADWAY AVE
MINNEAPOLIS,MN55411
  PC SHILOH CARES FOOD SHELF 150,000

CHARITIES REVIEW COUNCIL

1915 HIGHWAY 36 W SUITE 33
ROSEVILLE,MN55113
  PC GENERAL OPERATIONS & STRATEGIC INITIATIVES 15,000

CHILDREN'S THEATRE COMPANY

2400 3RD AVE S
MINNEAPOLIS,MN55404
  PC 2022-2023 GENERAL OPERATING SUPPORT 50,000

CODE SAVVYTECHNOVATIONMN

PO BOX 16628
SAINT LOUIS PARK,MN554160628
  PC TECHNOVATION[MN] 130,000

COLLEGE POSSIBLE

755 PRIOR AVENUE N STE 200
SAINT PAUL,MN55104
  PC COLLEGE READINESS PROGRAMMING 225,000

COMUNIDADES LATINAS UNIDAS EN SERVICIO

797 EAST 7TH STREET
ST PAUL,MN55106
  PC YA! (YOUTH IN ACTION) 50,000

DREAM OF WILD HEALTH

1308 E FRANKLIN AVENUE SUITE 203
MINNEAPOLIS,MN55404
  PC PROGRAM SUPPORT 190,000

FRIENDS OF THE MISSISSIPPI RIVER

106 W WATER ST STE 600
SAINT PAUL,MN55107
  PC STEM RIVER STEWARDS (SRS) 75,000

GENESYS WORKS

445 MINNESOTA STREET SUITE 720
ST PAUL,MN55101
  PC PROGRAM SUPPORT 50,000

GREATER TWIN CITIES UNITED WAY

404 S 8TH ST
MINNEAPOLIS,MN554041027
  PC PROGRAM SUPPORT 600,000

GREENLIGHT FUND INC

50 MILK STREET 16TH FLOOR
BOSTON,MA02109
  PC GREENLIGHT FUND TWIN CITIES 50,000

GUTHRIE THEATER FOUNDATION

818 SOUTH SECOND STREET
MINNEAPOLIS,MN554151252
  PC GENERAL OPERATING SUPPORT 2022 305,000

HANDSON TWIN CITIES

672 TRANSFER ROAD
SAINT PAUL,MN55114
  PC 1800 SNACK PACKS, INVOICE 1067 18,500

HIAWATHA ACADEMIES

1611 E 46TH STREET
MINNEAPOLIS,MN55407
  PC HIAWATHA THROUGH COLLEGE 181,630

HUNGER IMPACT PARTNERS

111 THIRD AVENUE SOUTH
MINNEAPOLIS,MN55401
  PC HUNGER FREE KIDS 125,000

JUNIOR ACHIEVEMENT NORTH

1745 UNIVERSITY AVE W
ST PAUL,MN55104
  PC THE HARVEST NETWORK OF SCHOOLS PROGRAM DELIVERY 60,000

KA JOOG NONPROFIT ORGANIZATION

419 CEDAR AVE S STE 257
MINNEAPOLIS,MN55454
  PC THE TAKEOFF 75,000

KIPP MINNESOTA PUBLIC SCHOOLS

5034 NORTH OLIVER AVENUE
MINNEAPOLIS,MN55430
  PC KIPP THROUGH COLLEGE AND CAREER 60,000

METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION

1256 PENN AVENUE SO SUITE 4800
MINNEAPOLIS,MN55411
  PC ACCELERATING MINORITY BUSINESS GROWTH 100,000

MIGIZI COMMUNICATIONS INC

1845 E LAKE ST
MINNEAPOLIS,MN55407
  PC PROGRAM SUPPORT 385,000

MINNEAPOLIS SOCIETY OF FINE ARTS

2400 3RD AVE S
MINNEAPOLIS,MN55404
  PC GENERAL OPERATIONS 50,000

MINNEAPOLIS - ST PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP

400 ROBERT ST N STE 1600
ST PAUL,MN551012027
  PC PROGRAM SUPPORT 8,000

MINNESOTA CHILDREN'S MUSEUM

10 WEST 7TH STREET
ST PAUL,MN551022453
  PC GENERAL OPERATING SUPPORT 2022 270,000

MINNESOTA COUNCIL OF NONPROFITS

2314 UNIVERSITY AVENUE W SUITE 20
ST PAUL,MN55114
  PC ANNUAL PROGRAM MEMBERSHIP 15,000

MINNESOTA COUNCIL ON FOUNDATIONS

800 WASHINGTON AVE N SUITE 703
MINNEAPOLIS,MN554011167
  PC ANNUAL PROGRAM MEMBERSHIP 270,000

MINNESOTA DEPARTMENT OF AGRICULTURE

625 ROBERT ST N
ST PAUL,MN55155
  PC LOCAL FOOD FOR SCHOOLS 100,000

MINNESOTA HISTORICAL SOCIETY

345 KELLOGG BLVD WEST
SAINT PAUL,MN55102
  PC GENERAL OPERATING SUPPORT 2022 20,000

MINNESOTA LANDSCAPE ARBORETUM FOUNDATION

3675 ARBORETUM DRIVE
CHASKA,MN553189613
  PC GROWING GOOD URBAN OUTREACH: CHILDRENS GARDEN IN RESIDENCE (CGR) PROGRAM 75,000

MINNESOTA PUBLIC RADIO

KLING PUBLIC MEDIA CENTER
SAINT PAUL,MN55101
  PC GENERAL OPERATING SUPPORT 2022 75,000

MINNESOTA STATE HORTICULTURAL SOCIETY

1925 CTY RD B2 STE 125
ROSEVILLE,MN55110
  PC GARDEN-IN-A-BOX 65,000

MINNESOTA ZOO FOUNDATION

13000 ZOO BOULEVARD
APPLE VALLEY,MN55124
  PC GENERAL OPERATING SUPPORT 2022 70,000

NORTHPOINT HEALTH & WELLNESS CENTER INC

1256 PENN AVENUE NORTH SUITE 5300
MINNEAPOLIS,MN55411
  PC STRONGER TOGETHER CAMPAIGN 200,000

NORTHSIDE ACHIEVEMENT ZONE

2123 WEST BROADWAY AVENUE 100
MINNEAPOLIS,MN55411
  PC SCHOLAR COACHING AND HIGH SCHOOL THROUGH COLLEGE/CAREER SUCCESS STRATEGIES 250,000

PENUMBRA THEATRE COMPANY INC

270 NORTH KENT STREET
ST PAUL,MN55102
  PC GENERAL OPERATING SUPPORT 2022 25,000

PERSPECTIVES INC

3381 GORHAM AVE
ST LOUIS PARK,MN55426
  PC CARGILL KIDS CAFE 155,000

PILLSBURY UNITED COMMUNITIES

3650 FREMONT AVE NO
MINNEAPOLIS,MN55412
  PC NORTHSIDE FOOD SYSTEMS 300,000

PROJECT SCIENTIST

PO BOX 515
LAGUNA BEACH,CA92652
  PC PROJECT SCIENTIST TEACHING INSTITUTE 50,000

PROJECT SUCCESS-STUDENTS UNDERTAKING CREATIVE CONTROL

1 GROVELAND TERRACE SUITE 300
MINNEAPOLIS,MN55403
  PC CONNECTING HIGH SCHOOL STUDENTS TO THEIR PURPOSE 150,000

PROVIDERS CHOICE INC

7301 OHMS LANE SUITE 210
MINNEAPOLIS,MN55439
  PC FEEDING CHILDREN WHERE THEY ARE: INCREASING FOOD SECURITY THROUGH CHILDCARE PARTNERSHIPS 75,000

RENEWING THE COUNTRYSIDE II

2637 27TH AVE S SUITE 17
MINNEAPOLIS,MN55406
  PC HEALTHY KIDS, HEALTHY FAMILIES: COMMUNITY-BASED SYSTEMS CHANGE FOR OUR YOUNGEST EATERS 100,000

SAINT PAUL & MINNESOTA FOUNDATION

101 FIFTH STREET EAST SUITE 2400
ST PAUL,MN55101
  PC COLLEGEBOUND SAINT PAUL 100,000

SAINT PAUL PUBLIC SCHOOLS

360 COLBORNE STREET
SAINT PAUL,MN55102
  PC GROW OUR OWN 100,000

SCIENCE FROM SCIENTISTS

1 DEANGELO DRIVE SUITE C
BEDFORD,MA01730
  PC IN-SCHOOL MODULE-BASED PROGRAM (ISMB) AND SCIENTIST TEACHER PARTNERSHIP (STP) PROGRAM EXPANSION, TWIN CITIES AREA 120,000

SCIENCE MUSEUM OF MINNESOTA

120 W KELLOGG BLVD
SAINT PAUL,MN55102
  PC INSPIRECT: INSPIRING STEM LEARNING THROUGH APPLIED COMPUTATIONAL THINKING AND GENERAL OPERATING 481,219

SECOND HARVEST HEARTLAND

7101 WINNETKA AVE N
BROOKLYN PARK,MN55428
  PC CHILD HUNGER INITIATIVE AND MN CENTRAL KITCHEN 250,000

SERVEMINNESOTA

120 S 6TH STREET SUITE 2260
MINNEAPOLIS,MN55402
  PC K-3 MATH CORPS 346,685

SMART NORTH

1724 SUMMIT AVE
MINNEAPOLIS,MN55403
  PC COMMUNITY TECH HUB 125,000

ST DAVID'S CENTER FOR CHILD AND FAMILY DEVELOPMENT

3395 PLYMOUTH ROAD
MINNETONKA,MN55305
  PC EARLY CHILDHOOD NUTRITION PROGRAM 175,000

TEACH FOR AMERICA TWIN CITIES

401 2ND AVE N
MINNEAPOLIS,MN55401
  PC TFA - TWIN CITIES AND THE CARGILL FOUNDATION: EXPANDING STEM EDUCATIONAL OPPORTUNITY FOR ALL 200,000

THE AFRICAN AMERICAN LEADERSHIP FORUM

PO BOX 582656
MINNEAPOLIS,MN55458
  PC ALLIANCE OF ALLIANCES 250,000

THE CONSTELLATION FUND

323 N WASHINGTON AVE 2ND FL
MINNEAPOLIS,MN55401
  PC THE CONSTELLATION FUND 200,000

THE FOOD GROUP

8501 54TH AVENUE NORTH
NEW HOPE,MN55428
  PC TWIN CITIES MOBILE MARKET AND FOOD SHELF SUPPORT 411,000

THE GOOD ACRE

1790 LARPENTEUR AVE W
FALCON HEIGHTS,MN55113
  PC SCHOOL NUTRITION VOCATIONAL TRAINING PROGRAM 275,000

TWIN CITIES PUBLIC TELEVISION

172 EAST FOURTH STREET
ST PAUL,MN55101
  PC MINNEAPOLIS BEACONS CLUBS: HIGH SCHOOL STEM STARS 162,500

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK STREET SE SUITE 500
MINNEAPOLIS,MN554552009
  PC RAPTOR CENTER: OUTDOOR INVESTIGATIONS IN THE STEM CLASSROOM 339,000

URBAN ROOTS

1110 PAYNE AVE
ST PAUL,MN55130
  PC PROGRAM SUPPORT 100,000

URBAN VENTURES LEADERSHIP FOUNDATION

2924 FOURTH AVENUE SOUTH
MINNEAPOLIS,MN55408
  PC CHILDHOOD NUTRITION PROGRAMMING 200,000

WALKER ART CENTER

725 VINELAND PLACE
MINNEAPOLIS,MN55403
  PC GENERAL OPERATING SUPPORT 2022 35,025

WALLIN EDUCATION PARTNERS

5200 WILLSON ROAD SUITE 209
MINNEAPOLIS,MN55424
  PC COLLEGE TO CAREER PROGRAM 50,000

YMCA OF THE NORTH

651 NICOLLET MALL SUITE 500
MINNEAPOLIS,MN55402
  PC MEZILE YMCA CHILDHOOD NUTRITION PROGRAM 225,025

YOUTH FARM AND MARKET PROJECT

128 W 33RD ST STE 2
MINNEAPOLIS,MN55408
  PC BUILDING COMMUNITY NETWORKS 100,000

YOUTHPRISE

3001 BROADWAY STREET NE
MINNEAPOLIS,MN55413
  PC YOUTHPRISE NUTRITION PROGRAM 200,000

YWCA OF MINNEAPOLIS

1130 NICOLLET MALL
MINNEAPOLIS,MN55403
  PC CHILDHOOD NUTRITION PROGRAMMING 200,000
Total .................................right arrow 3a 14,000,079
bApproved for future payment

APPETITE FOR CHANGE
1200 WEST BROADWAY AVENUE 180
MINNEAPOLIS,MN55411
  PC HUNGRY FOR CHANGE 500,000

BANYAN FOUNDATION
2529 13TH AVENUE SOUTH
MINNEAPOLIS,MN554044506
  PC ADOLESCENT EDUCATION SUPPORT PROGRAM - ACES 70,000

BESTPREP
7100 NORTHLAND CIRCLE NORTH 306
BROOKLYN PARK,MN55428
  PC CLOUD COACH, EMENTORS, CLASSROOM PLUS (CAREER DAY) AND MINNESOTA BUSINESS VENTURE PROGRAMS 65,000

BIG BROTHERS BIG SISTERS OF THE GREATER TWIN CITIES
2550 UNIVERSITY AVENUE WEST STE
410N
ST PAUL,MN55114
  PC BEYOND SCHOOL WALLS PROGRAM 75,000

BLACK MEN TEACH
1001 HIGHWAY 7 SUITE 170L
HOPKINS,MN553054737
  PC PROGRAM SUPPORT 50,000

CENTRO TYRONE GUZMAN
1915 CHICAGO AVENUE
MINNEAPOLIS,MN55404
  PC CENTRO FAMILY NUTRITION PROGRAM 64,000

CODE SAVVYTECHNOVATIONMN
PO BOX 16628
SAINT LOUIS PARK,MN554160628
  PC TECHNOVATION[MN] 130,000

COLLEGE POSSIBLE
755 PRIOR AVENUE N STE 200
SAINT PAUL,MN55104
  PC COLLEGE READINESS PROGRAMMING 225,000

COMUNIDADES LATINAS UNIDAS EN SERVICIO
797 EAST 7TH STREET
ST PAUL,MN55106
  PC YA! (YOUTH IN ACTION) 50,000

DREAM OF WILD HEALTH
1308 E FRANKLIN AVENUE SUITE 203
MINNEAPOLIS,MN55404
  PC PROGRAM SUPPORT 110,000

FRIENDS OF THE MISSISSIPPI RIVER
106 W WATER ST STE 600
SAINT PAUL,MN55107
  PC STEM RIVER STEWARDS (SRS) 150,000

GREATER TWIN CITIES UNITED WAY
404 S 8TH ST
MINNEAPOLIS,MN554041027
  PC PROGRAM SUPPORT 100,000

HIAWATHA ACADEMIES
1611 E 46TH STREET
MINNEAPOLIS,MN55407
  PC HIAWATHA THROUGH COLLEGE 350,000

JUNIOR ACHIEVEMENT NORTH
1745 UNIVERSITY AVE W
ST PAUL,MN55104
  PC THE HARVEST NETWORK OF SCHOOLS PROGRAM DELIVERY 75,000

KA JOOG NONPROFIT ORGANIZATION
419 CEDAR AVE S STE 257
MINNEAPOLIS,MN55454
  PC THE TAKEOFF 75,000

KIPP MINNESOTA PUBLIC SCHOOLS
5034 NORTH OLIVER AVENUE
MINNEAPOLIS,MN55430
  PC KIPP THROUGH COLLEGE AND CAREER 60,000

MIGIZI COMMUNICATIONS INC
1845 E LAKE ST
MINNEAPOLIS,MN55407
  PC PROGRAM SUPPORT 100,000

MINNESOTA LANDSCAPE ARBORETUM FOUNDATION
3675 ARBORETUM DRIVE
CHASKA,MN553189613
  PC GROWING GOOD URBAN OUTREACH: CHILDRENS GARDEN IN RESIDENCE (CGR) PROGRAM 150,000

MINNESOTA STATE HORTICULTURAL SOCIETY
1925 CTY RD B2 STE 125
ROSEVILLE,MN55110
  PC GARDEN-IN-A-BOX 130,000

PERSPECTIVES INC
3381 GORHAM AVE
ST LOUIS PARK,MN55426
  PC CARGILL KIDS CAFE 150,000

PROJECT SCIENTIST
PO BOX 515
LAGUNA BEACH,CA92652
  PC PROJECT SCIENTIST TEACHING INSTITUTE 50,000

RENEWING THE COUNTRYSIDE II
2637 27TH AVE S SUITE 17
MINNEAPOLIS,MN55406
  PC HEALTHY KIDS, HEALTHY FAMILIES: COMMUNITY-BASED SYSTEMS CHANGE FOR OUR YOUNGEST EATERS 100,000

SAINT PAUL PUBLIC SCHOOLS
360 COLBORNE STREET
SAINT PAUL,MN55102
  PC GROW OUR OWN 100,000

SCIENCE FROM SCIENTISTS
1 DEANGELO DRIVE SUITE C
BEDFORD,MA01730
  PC IN-SCHOOL MODULE-BASED PROGRAM (ISMB) AND SCIENTIST TEACHER PARTNERSHIP (STP) PROGRAM EXPANSION, TWIN CITIES AREA 240,000

SMART NORTH
1724 SUMMIT AVE
MINNEAPOLIS,MN55403
  PC COMMUNITY TECH HUB 125,000

TEACH FOR AMERICA TWIN CITIES
401 2ND AVE N
MINNEAPOLIS,MN55401
  PC TFA - TWIN CITIES AND THE CARGILL FOUNDATION: EXPANDING STEM EDUCATIONAL OPPORTUNITY FOR ALL 400,000

THE CONSTELLATION FUND
323 N WASHINGTON AVE 2ND FL
MINNEAPOLIS,MN55401
  PC THE CONSTELLATION FUND 200,000

THE FOOD GROUP
8501 54TH AVENUE NORTH
NEW HOPE,MN55428
  PC TWIN CITIES MOBILE MARKET AND FOOD SHELF SUPPORT 225,000

THE RAPTOR CENTER
1920 FINCH AVENUE
SAINT PAUL,MN55108
  PC PROGRAM SUPPORT 159,000

URBAN VENTURES LEADERSHIP FOUNDATION
2924 FOURTH AVENUE SOUTH
MINNEAPOLIS,MN55408
  PC CHILDHOOD NUTRITION PROGRAMMING 400,000

UNIVERSITY OF MINNESOTA FOUNDATION
200 OAK STREET SE SUITE 500
MINNEAPOLIS,MN554552009
  PC RAPTOR CENTER: OUTDOOR INVESTIGATIONS IN THE STEM CLASSROOM 55,000

YMCA OF THE NORTH
651 NICOLLET MALL SUITE 500
MINNEAPOLIS,MN55402
  PC MEZILE YMCA CHILDHOOD NUTRITION PROGRAM 225,000

YWCA OF MINNEAPOLIS
1130 NICOLLET MALL
MINNEAPOLIS,MN55403
  PC CHILDHOOD NUTRITION PROGRAMMING 200,000

YOUTH FARM AND MARKET PROJECT
128 W 33RD ST STE 2
MINNEAPOLIS,MN55408
  PC BUILDING COMMUNITY NETWORKS 100,000

YOUTHPRISE
3001 BROADWAY STREET NE
MINNEAPOLIS,MN55413
  PC YOUTHPRISE NUTRITION PROGRAM 200,000
Total ................................. right arrow 3b 5,458,000
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 ...........
    14 146,413  
4 Dividends and interest from securities ....     14 3,740,691  
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 -6,541,081  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIP INCOME
523000 -54 14    
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -54 -2,653,977 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-2,654,031
(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:
CARGILL FOUNDATION
EIN:
41-6020221
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT FEES 78,090 58,568 0 0

TY 2022 GeneralExplanationAttachment
Name:
CARGILL FOUNDATION
EIN:
41-6020221
Identifier Return Reference Explanation
  FORM 990-PF, PART XV, LINE 2C THE CARGILL FOUNDATION HAS KEY DATES FOR GRANT APPLICATIONS IN 2023 FOR THE DIFFERENT TYPE OF GRANTS AS FOLLOWS:FOR THE EDUCATION GRANT TYPE APPLICATIONS ARE SENT TO NONPROFITS (BY INVITATION ONLY) ON AUGUST 7TH. APPLICATIONS ARE DUE ON AUGUST 28TH AND THE GRANTS ARE AWARDED ON OCTOBER 4TH.FOR THE CHILDHOOD NUTRITION GRANT TYPE APPLICATIONS ARE SENT TO NONPROFITS (BY INVITATION ONLY) ON APRIL 24TH, APPLICATIONS ARE DUE ON MAY 15TH AND THE GRANTS ARE AWARDED ON JUNE 22ND.THE ARTS & CULTURE AND CAPITAL GRANTS GRANT TYPE ARE BY INVITATION ONLY AND DO NOT HAVE KEY DATES ASSOCIATED WITH THEM.HTTPS://WWW.CARGILL.COM/ABOUT/COMMUNITY/CARGILL-FOUNDATION-HEADQUARTERS
  FORM 990-PF THE CARGILL FOUNDATION PROVIDES SUPPORT TO SELECT NONPROFIT ORGANIZATIONS IN OUR HEADQUARTERS COMMUNITY OF MINNEAPOLIS SAINT PAUL, MN TO MINIMIZE THE OPPORTUNITY GAP FOR OUR LOW-INCOME CHILDREN. WE ARE PART OF AN ECOSYSTEM OF PASSIONATE CHANGE-MAKERS, ADVOCATES, BUSINESSES AND MORE WORKING TO MAKE A DIFFERENCE IN OUR COMMUNITY. WE BELIEVE ALL CHILDREN MUST HAVE NUTRITIOUS FOOD TO FUEL GROWTH AND LEARNING. WE BELIEVE IN EQUITABLE ACCESS TO STEM EDUCATION AS A PATHWAY TO PROSPEROUS CAREERS. WE BELIEVE IN PREPARING AND INSPIRING CHILDREN FOR POST-SECONDARY EDUCATION, CAREERS AND BEYOND. ORGANIZATIONS MUST: BE A REGISTERED NONPROFIT AND HAVE A CURRENT 501(C)(3) PUBLIC CHARITY STATUS FROM THE INTERNAL REVENUE SERVICE (IRS), OR BE A SCHOOL OR A UNIT OF GOVERNMENT. ALIGN WITH CARGILL'S PRINCIPLES AROUND INCLUSION AND DIVERSITY AS EMBODIED IN OUR GUIDING PRINCIPLES AND CODE OF CONDUCT. SERVE THE GEOGRAPHIC AREA IN THE MINNEAPOLIS AND SAINT PAUL TWIN CITIES REGION. SUPPORT PROGRAMMING AND/OR INITIATIVES SPECIFIC TO EDUCATION (STEM AND COLLEGE & CAREER READINESS) AND CHILDHOOD NUTRITION PRIMARILY SERVING LOW-INCOME YOUTH IN GRADES K - 12.

TY 2022 InvestmentsCorpStockSchedule
Name:
CARGILL FOUNDATION
EIN:
41-6020221
Name of Stock End of Year Book Value End of Year Fair Market Value
3I GROUP PLC 61,663 56,608
ABBOTT LABORATORIES 57,332 50,833
ABBVIE INC 119,479 146,095
ABCAM PLC ADR 345,179 263,120
ACADIAN INTERNATIONAL SMALL CAP FUND 7,689,269 6,478,876
ACCENTURE PLC 793,529 714,064
ACTIVISION BLIZZARD INC 10,157 9,722
ADIDAS AG 37,043 18,500
ADOBE INC 644,335 380,279
ADVANCE AUTO PARTS INC 321,612 221,574
ADVANCED MICRO DEVICES INC 197,246 122,739
ADVANTEST CORP ADR 2,071 2,442
ADYEN NV 22,784 16,501
AEROPORTS DE PARIS 26,900 26,189
AFLAC INC 545,009 633,432
AGILENT TECHNOLOGIES INC 97,431 109,544
AIA GROUP LTD ADR 83,685 85,100
AIA GROUP LTD HK/01299 388,084 378,119
AIRBNB INC 18,961 15,818
AKER BP ASA 58,532 52,355
ALCON INC 352,999 295,414
ALFA LAVAL AB 28,026 24,447
ALIBABA GROUP HOLDING LTD HK/09988 1,512,779 1,000,794
ALLEIMA AB 1,861 2,161
ALLIANZ SE 125,466 109,778
ALLSTATE CORP/THE 68,767 76,478
ALPHABET INC 2,560,276 1,726,838
ALTRIA GROUP INC 150,640 148,695
AMADEUS IT GROUP SA ADR 11,692 8,601
AMAZON.COM INC 872,628 513,492
AMERICAN EXPRESS CO 1,224,555 1,069,710
AMERICAN TOWER CORP 56,560 47,245
AMERICAN WATER WORKS CO INC 323,698 288,988
AMERIPRISE FINANCIAL INC 56,883 58,849
CENCORA INC 37,625 47,393
AMGEN INC 32,331 37,558
AMPOL LTD 86,696 78,458
ANSYS INC 131,044 133,599
AON PLC 28,734 31,515
APPLE INC 1,763,717 1,433,258
APPLIED MATERIALS INC 57,530 40,218
APTARGROUP INC 15,215 14,297
APTIV PLC 342,265 209,822
ARISTOCRAT LEISURE LTD 55,436 39,304
ASML HOLDING NV 396,549 327,447
ASML HOLDING NV 126,027 124,033
ASSICURAZIONI GENERALI SPA 49,710 43,728
ASSURANT INC 20,347 17,008
ASSURED GUARANTY LTD 28,941 32,562
ASTRAZENECA PLC ADR 91,907 111,328
ASX LTD 78,635 60,889
AT&T INC 102,719 94,443
ATLAS COPCO AB 72,177 58,221
AUTOMATIC DATA PROCESSING INC 51,943 56,849
AUTOZONE INC 77,208 93,715
AVNET INC 67,044 65,197
AXA SA 54,760 50,136
BAE SYSTEMS PLC 688,081 915,398
BAKER HUGHES CO 50,256 54,808
BALL CORP 53,577 41,935
BANCO BILBAO VIZCAYA ARGENTARI ADR 15,361 20,692
BANK OF AMERICA CORP 241,957 179,345
BANK OF MONTREAL 98,957 80,815
BANK OF NEW YORK MELLON CORP/T 1,765,640 1,572,670
BANK OF NOVA SCOTIA/THE 67,170 47,315
BAXTER INTERNATIONAL INC 31,234 24,364
BAYERISCHE MOTOREN WERKE AG 57,440 49,388
BCE INC 52,689 45,400
BECTON DICKINSON & CO 547,089 558,189
BERKSHIRE HATHAWAY INC 1,120,529 1,247,029
BHP GROUP LTD ADR 2,462 2,420
BIO-RAD LABORATORIES INC 554,759 306,958
BLOCK INC 24,986 23,376
BNP PARIBAS SA 29,530 24,608
BOEING CO/THE 159,113 171,251
BOOKING HOLDINGS INC 89,286 76,581
BOSTON SCIENTIFIC CORP 103,851 129,140
BOSTON TR WALDEN SM CAP 10,602,991 9,136,096
BP PLC ADR 152,240 184,395
BRAMBLES LTD ADR 10,953 13,490
BRISTOL-MYERS SQUIBB CO 173,206 191,891
BRITISH AMERICAN TOBACCO PLC ADR 29,598 27,466
BROADCOM INC 228,008 235,394
BROADRIDGE FINANCIAL SOLUTIONS 70,441 65,992
BRUKER CORP 351,640 299,920
BURBERRY GROUP PLC 51,368 49,131
BYD CO LTD HK/01211 214,652 209,752
CADENCE DESIGN SYSTEMS INC 99,526 107,629
CAE INC 16,095 13,229
CALIX INC 257,719 354,878
CAMDEN PROPERTY TRUST 65,548 55,604
CAMECO CORP 46,203 51,778
CANADIAN IMPERIAL BANK OF COMM 30,945 20,225
CAPGEMINI SE 50,420 38,780
CARDINAL HEALTH INC 23,173 35,053
CATERPILLAR INC 12,860 14,374
CATHAY GENERAL BANCORP 68,763 71,546
CBRE GROUP INC 30,227 23,088
CENTENE CORP 58,925 57,325
CHAMPIONX CORP 11,593 14,814
CHARLES SCHWAB CORP/THE 77,450 72,686
CHART INDUSTRIES INC 38,216 26,964
CHEVRON CORP 81,909 115,592
CHIPOTLE MEXICAN GRILL INC 16,999 16,650
CHR HANSEN HOLDING A/S 469,282 418,458
CHURCH & DWIGHT CO INC 75,070 68,196
CIE FINANCIERE RICHEMONT SA 795,613 968,842
CIE GENERALE DES ETABLISSEMENT 42,001 28,287
CIGNA GROUP/THE 85,330 107,023
CISCO SYSTEMS INC 117,002 97,948
CITIGROUP INC 1,564,798 1,036,084
CLOROX CO/THE 81,427 90,794
COCA-COLA CO/THE 337,160 354,817
COGNIZANT TECHNOLOGY SOLUTIONS 136,717 108,890
COHERENT CORP 18,832 12,461
COMCAST CORP 173,088 141,349
COMMONWEALTH BANK OF AUSTRALIA 140,180 140,757
COMPASS GROUP PLC 1,229,771 1,343,941
COMPUTERSHARE LTD 105,640 133,843
COSTAR GROUP INC 24,536 30,835
COSTCO WHOLESALE CORP 78,714 73,497
COTERRA ENERGY INC 65,679 59,312
CROWN CASTLE INC 120,342 100,509
CSL LTD 103,818 108,500
CUMMINS INC 65,634 70,991
CVS HEALTH CORP 171,589 163,269
CYBERARK SOFTWARE LTD 9,512 9,464
DAIFUKU CO LTD 28,870 18,735
DAIICHI SANKYO CO LTD ADR 28,578 43,838
DAIKIN INDUSTRIES LTD 65,406 45,928
DAIMLER TRUCK HOLDING AG 332,746 376,475
DAIWA HOUSE INDUSTRY CO LTD 50,676 39,155
DANAHER CORP 818,702 721,412
DANONE SA 1,916,972 1,474,082
DASSAULT SYST SHS 513,461 344,177
DECKERS OUTDOOR CORP 46,397 71,849
DEERE & CO 608,611 717,315
DELIVERY HERO SE 33,130 20,407
DELL TECHNOLOGIES INC 295,012 245,986
DENTSPLY SIRONA INC 871,977 505,651
DENTSU GROUP INC 32,716 28,273
DEUTSCHE BOERSE AG 414,753 398,596
DEUTSCHE TELEKOM AG 62,532 69,938
DEVON ENERGY CORP 105,747 123,820
DEXCOM INC 2,774 2,944
DIAMONDBACK ENERGY INC 44,546 51,019
DISCOVER FINANCIAL SERVICES 40,718 37,958
DNB BANK ASA 70,264 61,665
DODGE & COX GLOBAL STOCK-I 9,039,844 8,927,044
DSV A/S 27,558 22,503
DSV A/S ADR 10,158 11,173
DXC TECHNOLOGY CO 18,766 16,139
EAST JAPAN RAILWAY CO 47,499 45,595
EAST WEST BANCORP INC 76,487 78,487
EATON CORP PLC 95,640 118,183
EDISON INTERNATIONAL 42,598 43,516
ELECTRONIC ARTS INC 105,423 98,111
ELEVANCE HEALTH INC 1,272,877 1,659,971
ELI LILLY & CO 198,222 282,428
EMERGING MARKETS EQUITY FOCUS PORTFOLIO FUND 9,996,691 10,385,076
EQUINOR ASA ADR 95,142 117,707
EQUITY RESIDENTIAL 73,858 56,168
ERSTE GROUP BANK AG 630,249 455,622
ESSILORLUXOTTICA SA 44,212 42,075
ESTEE LAUDER COS INC/THE 127,823 115,123
EVERSOURCE ENERGY 208,323 205,827
EXPEDIA GROUP INC 998,434 539,178
EXPERIAN PLC 257,988 245,999
FANUC CORP 40,636 30,066
FAST RETAILING CO LTD ADR 29,332 34,178
FERGUSON PLC 40,532 33,279
FIDELITY NATIONAL INFORMATION 4,807 2,918
FIRST HAWAIIAN INC 18,446 21,639
FISERV INC 43,154 42,449
FLEX LTD 506,554 601,417
FLUOR CORP 9,362 15,146
FLUTTER ENTERTAINMENT PLC 26,743 25,506
FMC CORP 91,581 106,080
FOOT LOCKER INC 18,795 24,223
FORD MOTOR CO 31,249 17,817
FORTESCUE METALS GROUP LTD 79,617 75,887
FORTINET INC 59,151 50,357
FORTIVE CORP 17,704 15,806
FOX CORP 18,666 17,402
FRANCO-NEVADA CORP 110,557 116,690
FRANKLIN RESOURCES INC 19,177 20,814
FREEPORT-MCMORAN INC 24,580 23,370
FUJITSU LTD 63,015 52,333
FUTU HOLDINGS LTD ADR 5,458 5,285
GALP ENERGIA SGPS SA 55,224 70,910
GECINA SA 146,557 112,821
GENERAL ELECTRIC CO 119,561 111,943
GENERAL MILLS INC 48,333 59,114
GENERAL MOTORS CO 72,803 59,307
GENMAB A/S 53,816 69,643
GERRESHEIMER AG 226,337 152,746
GILEAD SCIENCES INC 120,547 168,524
GIVAUDAN SA 109,677 76,551
GLDMN SCHS TCT TLT OVRLY-R6 11,117,285 10,982,384
GLOBAL PAYMENTS INC 65,139 49,362
GROUPE BRUXELLES LAMBERT NV 636,621 461,734
GUARDANT HEALTH INC 5,046 3,618
H & M HENNES & MAURITZ AB 66,356 39,512
HALEON PLC 203,047 204,221
HALLIBURTON CO 120,692 149,412
HANG SENG BANK LTD HK/00011 263,326 217,859
HANNOVER RUECK SE 80,847 86,317
HARGREAVES LANSDOWN PLC 24,467 14,357
HARLEY-DAVIDSON INC 22,992 26,749
HDFC BANK LTD ADR 507,308 472,029
HEIDELBERG MATERIALS AG 1,423,495 1,100,244
HENKEL AG & CO KGAA 75,197 58,708
HERBALIFE LTD 18,451 11,755
HERMES INTERNATIONAL SCA 103,937 107,952
HEXCEL CORP 327,764 316,495
HITACHI LTD 49,706 45,639
HOME DEPOT INC/THE 189,089 170,249
HONEYWELL INTERNATIONAL INC 195,246 229,301
HORMEL FOODS CORP 2,996 3,006
HP INC 94,723 72,119
HUBSPOT INC 18,979 18,215
HUMANA INC 40,565 54,804
ICON PLC 335,720 279,720
ILLINOIS TOOL WORKS INC 23,078 21,369
ILLUMINA INC 21,898 12,132
IMPERIAL OIL LTD 206,893 322,997
INDUSTRIA DE DISENO TEXTIL SA ADR 5,506 6,153
INFINEON TECHNOLOGIES AG 460,999 337,675
ING GROEP NV 599,596 491,416
INSULET CORP 7,359 9,715
INTEL CORP 224,554 124,247
INTERNATIONAL BANCSHARES CORP 18,658 21,095
INTERNATIONAL BUSINESS MACHINE 102,575 106,936
INTERNATIONAL FLAVORS & FRAGRA 29,648 22,750
INTERPUBLIC GROUP OF COS INC/T 36,615 34,243
INTESA SANPAOLO SPA ADR 40,728 50,350
INTUIT INC 370,700 340,178
INTUITIVE SURGICAL INC 64,189 62,623
INVESTOR AB 110,868 95,859
J M SMUCKER CO/THE 44,881 50,073
JACOBS SOLUTIONS INC 30,392 27,616
JAPAN TOBACCO INC 143,876 140,648
JOHNSON & JOHNSON 334,588 361,426
JOHNSON MATTHEY PLC 72,710 73,431
JPMORGAN CHASE & CO 137,130 126,859
KBR INC 12,027 14,150
KDDI CORP 63,116 60,630
KERING SA 122,968 84,749
KEYENCE CORP 247,634 233,825
KEYSIGHT TECHNOLOGIES INC 297,451 299,373
KION GROUP AG 22,124 6,857
KLA CORP 71,182 68,619
KOMATSU LTD 86,605 74,110
KONINKLIJKE AHOLD DELHAIZE NV 58,032 51,618
KONINKLIJKE DSM NV 508,532 307,040
KONINKLIJKE PHILIPS NV 1,678,442 700,942
KOSE CORP 19,212 21,858
KROGER CO/THE 75,304 69,589
KURITA WATER INDUSTRIES LTD 26,157 24,829
L3HARRIS TECHNOLOGIES INC 132,658 120,137
LABORATORY CORP OF AMERICA HOL 18,608 19,074
LAM RESEARCH CORP 768,202 659,030
LAND SECURITIES GROUP PLC 27,917 19,905
LAWSON INC 121,451 106,741
LEGRAND SA 87,839 69,311
LINCOLN NATIONAL CORP 118,206 68,598
LLOYDS BANKING GROUP PLC 617,591 533,100
LOCKHEED MARTIN CORP 34,347 44,757
LONDON STOCK EXCHANGE GROUP PL 308,896 260,092
LOREAL SA 52,796 45,216
LOWE'S COS INC 148,058 146,641
LUMENTUM HOLDINGS INC 557,406 342,079
LVMH MOET HENNESSY LOUIS VUITT 180,506 174,150
LYFT INC 31,358 15,450
M3 INC ADR 1,863 1,437
MACQUARIE GROUP LTD 104,163 87,296
MARSH & MCLENNAN COS INC 971,990 1,043,517
MARUBENI CORP 66,205 74,633
MARUBENI CORP ADR 25,595 32,494
MASTEC INC 50,338 58,366
MASTERCARD INC 228,526 227,415
MATCH GROUP INC 37,288 13,194
MATTEL INC 19,194 15,039
MCCORMICK & CO INC/MD 126,272 117,206
MCDONALD'S CORP 83,440 86,701
MCKESSON CORP 36,012 54,392
MEDTRONIC PLC 122,381 91,399
MERCEDES-BENZ GROUP AG 103,312 87,612
MERCK & CO INC 115,891 163,097
MERCK KGAA 28,804 25,871
META PLATFORMS INC 2,388,307 1,032,277
METLIFE INC 81,118 89,739
MICROSOFT CORP 1,999,666 1,643,966
MITSUBISHI HEAVY INDUSTRIES LT 88,520 130,905
MITSUI & CO LTD 110,068 128,487
MIZUHO FINANCIAL GROUP INC 108,587 109,718
MODERNA INC 27,214 31,074
MONGODB INC 38,259 19,487
MONOLITHIC POWER SYSTEMS INC 99,406 84,866
MORGAN STANLEY 132,929 141,813
MSCI EAFE INDX NL CTF ECTF GSCGFDN ECTF 2,300,000 2,558,178
MSCI INC 663,392 498,197
NATIONAL AUSTRALIA BANK LTD 58,395 59,423
NCR CORP 18,423 13,882
NESTLE SA 248,330 223,035
NETFLIX INC 58,074 44,232
NEXT PLC 49,350 35,060
NEXTERA ENERGY INC 480,181 502,770
NIKE INC 76,508 61,313
NINETY ONE GLBL ENVIRON-INST 4,232,153 3,474,125
NINTENDO CO LTD 947,800 842,724
NINTENDO CO LTD ADR 31,334 28,887
NIPPON PAINT HOLDINGS CO LTD 24,742 24,411
NIPPON PROLOGIS REIT INC 49,522 37,410
NIPPON TELEGRAPH & TELEPHONE C 77,428 76,982
NORTHERN TRUST CORP 115,068 100,525
NOV INC 8,230 11,030
NOVARTIS AG 1,494,125 1,619,760
NOVARTIS AG ADR 21,598 23,224
NOVO NORDISK A/S ADR 80,646 114,092
NTT DATA GROUP CORP 41,580 30,749
NVIDIA CORP 405,498 253,114
NXP SEMICONDUCTORS NV 472,556 379,746
OLYMPUS CORP ADR 19,048 16,614
OMNICOM GROUP INC 60,840 69,416
OMRON CORP 49,875 29,126
ON SEMICONDUCTOR CORP 296,558 284,220
ORACLE CORP 35,691 35,393
ORIENTAL LAND CO LTD/JAPAN 49,746 43,564
ORRON ENERGY AB 67,403 3,846
ORSTED AS 391,907 309,315
OWNERSHIP CAPITAL GLOBAL EQUITY (USD) FUND L.P. 27,350,646 19,161,345
PALO ALTO NETWORKS INC 40,842 33,908
PARTNERS GROUP HOLDING AG 718,446 438,770
PAYPAL HOLDINGS INC 71,196 31,266
PEPSICO INC 55,641 57,992
PFIZER INC 252,269 253,638
PHILIP MORRIS INTERNATIONAL IN 167,064 170,336
PINTEREST INC 21,192 20,784
PIONEER NATURAL RESOURCES CO 110,977 120,818
PNC FINANCIAL SERVICES GROUP I 23,269 18,005
POSTE ITALIANE SPA 83,042 64,779
POWER INTEGRATIONS INC 42,412 40,450
PPG INDUSTRIES INC 55,726 63,373
PRINCIPAL FINANCIAL GROUP INC 63,002 73,262
PROCTER & GAMBLE CO/THE 566,894 571,684
PROGRESSIVE CORP/THE 594,363 839,224
PROLOGIS INC 67,613 49,714
PROSUS NV 56,498 47,392
PRUDENTIAL FINANCIAL INC 286,223 281,173
PRUDENTIAL PLC 60,873 49,463
PUBLICIS GROUPE SA 56,829 55,679
QUALCOMM INC 144,396 93,339
RANGE RESOURCES CORP 51,928 48,264
RAYMOND JAMES FINANCIAL INC 74,778 86,549
REA GROUP LTD 71,311 49,892
REALTY INCOME CORP 222,879 213,379
RECRUIT HOLDINGS CO LTD 88,904 53,817
REGENERON PHARMACEUTICALS INC 70,743 82,971
RELIANCE STEEL & ALUMINUM CO 55,680 71,259
RENAULT SA 31,085 28,238
RITCHIE BROS AUCTIONEERS INC 13,418 12,896
ROCHE HOLDING AG 196,261 163,587
ROGERS COMMUNICATIONS INC 34,022 33,491
ROYAL BANK OF CANADA 135,511 114,046
RTX CORP 40,098 45,919
S&P 500 R INDX NL CTF CM10CTF GSCGFDN CM10CTF 5,200,000 5,174,194
S&P GLOBAL INC 69,738 55,935
SAFRAN SA 57,011 60,270
SALESFORCE INC 176,423 104,879
SAMPO OYJ 24,186 27,042
SAMSUNG ELECTRONICS CO LTD GDR 1,822,919 1,300,585
SANDVIK AB 72,753 52,997
SCHIBSTED ASA 42,365 29,180
SCHLUMBERGER LTD 72,796 103,178
SCHNEIDER ELECTRIC SE 145,983 119,700
SCHRODERS PLC ORD GBP0.20 54,631 37,945
SEA LTD ADR 33,633 23,257
SEB SA 33,616 19,542
SEKISUI HOUSE LTD 43,571 37,139
SENSATA TECHNOLOGIES HOLDING P 370,968 314,399
SERVICENOW INC 31,025 22,908
SEVERN TRENT PLC 81,936 66,903
SHELL PLC 596,115 726,626
SHERWIN-WILLIAMS CO/THE 57,742 57,197
SHISEIDO CO LTD 46,672 44,139
SHOPIFY INC 67,242 35,439
SIEMENS AG 175,552 156,207
SINGAPORE TELECOMMUNICATIONS L ADR 6,604 6,764
SKANSKA AB 42,849 28,093
SMC CORP 507,208 336,989
SMITH & NEPHEW PLC 31,150 25,318
SOCIETE GENERALE SA 33,966 24,107
SODEXO SA 428,544 482,740
SOFTBANK GROUP CORP 47,019 42,775
SONY GROUP CORP ADR 71,357 50,421
SOUTHWEST AIRLINES CO 794,408 528,316
SPECTRUM BRANDS HOLDINGS INC 31,241 23,942
SPIRAX-SARCO ENGINEERING PLC 30,063 22,345
ST JAMES'S PLACE PLC 38,032 24,539
STANLEY BLACK & DECKER INC 37,247 24,414
STARBUCKS CORP 127,239 135,011
STATE STREET CORP 32,739 27,072
STERIS PLC 459,272 402,624
STRYKER CORP 149,743 165,764
SUNTORY BEVERAGE & FOOD LTD 99,763 88,673
SVB FINANCIAL GROUP 585,286 202,293
SWATCH GROUP AG/THE 56,202 57,421
SWISSCOM AG 26,479 25,735
SYNOPSYS INC 29,791 30,013
SYSCO CORP 45,149 44,723
SYSMEX CORP 39,249 24,246
TAIWAN SEMICONDUCTOR MANUFACTU ADR 664,631 410,440
TAKEDA PHARMACEUTICAL CO LTD 129,037 137,090
TAPESTRY INC 50,382 54,074
TARGET CORP 78,855 60,659
TD SYNNEX CORP 30,892 31,444
TE CONNECTIVITY LTD 117,319 114,456
TECHTRONIC INDUSTRIES CO LTD ADR 27,961 27,341
TECK RESOURCES LTD 53,809 65,429
TELEFONICA BRASIL SA ADR 223,144 204,998
TELENOR ASA 30,656 18,216
TEREX CORP 6,676 6,792
TERUMO CORP 59,454 45,425
TESLA INC 530,027 215,319
TETRA TECH INC 447,876 427,730
TEXAS INSTRUMENTS INC 35,491 32,879
THERMO FISHER SCIENTIFIC INC 163,912 160,251
THOMSON REUTERS CORP 71,064 78,366
TJX COS INC/THE 37,573 43,302
T-MOBILE US INC 115,839 146,860
TOKYO ELECTRON LTD 51,313 29,467
TOKYO ELECTRON LTD ADR 22,406 13,849
TOMRA SYSTEMS ASA 487,448 309,296
TOPBUILD CORP 241,143 176,521
TORONTO-DOMINION BANK/THE 132,475 110,869
TOTALENERGIES SE 395,958 470,896
TOTALENERGIES SE ADR 61,668 70,212
TOYOTA MOTOR CORP ADR 99,904 69,792
TOYOTA TSUSHO CORP 50,523 44,428
TRADE DESK INC/THE 22,213 14,973
TRANE TECHNOLOGIES PLC 73,852 70,430
TRAVELERS COS INC/THE 13,169 14,624
UBER TECHNOLOGIES INC 71,276 59,154
UBS GROUP AG 1,277,476 1,463,764
UBS GROUP AG 41,503 48,467
ULTA BEAUTY INC 21,526 27,675
UMICORE SA 65,264 64,795
UMICORE SA ADR 11,536 12,380
UNICREDIT SPA ADR 8,108 10,637
UNILEVER PLC 488,104 514,170
UNILEVER PLC ADR 44,394 45,617
UNITED PARCEL SERVICE INC 34,648 28,510
UNITED RENTALS INC 64,788 94,897
UNITEDHEALTH GROUP INC 210,336 241,232
US BANCORP 79,829 61,272
VANGUARD BG GLBL POST IM-INV 5,307,194 3,514,400
VERIZON COMMUNICATIONS INC 285,442 215,479
VERTEX PHARMACEUTICALS INC 76,945 96,741
VESTAS WIND SYSTEMS A/S 47,443 52,034
VIASAT INC 18,666 18,990
VINCI SA 103,578 95,382
VISA INC 778,287 757,493
VODAFONE GROUP PLC ADR 19,614 10,869
VOLKSWAGEN AG 38,434 21,904
VOLVO AB 115,974 94,208
VONOVIA SE 77,081 33,959
WALMART INC 110,058 111,163
WALT DISNEY CO/THE 202,902 128,235
WARTSILA OYJ ABP 49,808 31,489
WASTE MANAGEMENT INC 566,492 583,280
WELLS FARGO & CO 192,276 162,806
WELLTOWER INC 101,199 78,005
WEST PHARMACEUTICAL SERVICES I 415,383 281,479
WHEATON PRECIOUS METALS CORP 119,061 121,187
WHITBREAD PLC 29,034 22,537
WILLIS TOWERS WATSON PLC 799,841 879,754
WOLTERS KLUWER NV 110,655 117,376
WPP PLC 167,589 107,305
WPP PLC ADR 23,151 14,355
WW GRAINGER INC 47,924 53,956
XYLEM INC/NY 295,962 255,417
YUM! BRANDS INC 67,108 70,572
ZIFF DAVIS INC 38,547 42,239
ZURICH INSURANCE GROUP AG 68,884 71,231
CTF EMERGING LCL DBT 6,040,139 5,107,098
GLDMN SCHS CORE FXD INC-INST 15,062,007 12,548,450
IMPRINT OPPS 568,517 551,718
MARATHAN EMD 3,600,000 2,951,346
RBC BLUEBAY HI YLD BND-I 11,668,556 9,914,453
PACIFIC ASSET MANAGEMENT BANK LOAN FUND LP - INSTITUTIONAL 5,302,231 5,317,980
SSGA LONG US TREASURY INDEX SECURITIES LENDING QP COMMON T 15,898,306 11,543,588

TY 2022 InvestmentsOtherSchedule2
Name:
CARGILL FOUNDATION
EIN:
41-6020221
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
APTITUDE ALTERNATIVE EQUITY LTD FMV 9,800,000 9,522,970
GOLDEN TREE HIGH YIELD FUND FMV 0 16,505
LUXOR CAPITAL PARTNERS OFFSHORE LTDD FMV 0 495,717
PALMETTO FUND LTD FMV 227,876 180,008
SILVER POINT CAP OFFSHORE FD LTD FMV 0 947,855
STEADFAST FMV 0 103,316
VALUEACT CAP PARTNERS II FMV 1,500,000 2,089,826
OZ MASTER FUND FMV 0 2,180

TY 2022 OtherExpensesSchedule
Name:
CARGILL FOUNDATION
EIN:
41-6020221
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SUPPLIES & EQUIPMENT 24,900 12,450 0 0
MISCELLANANEOUS EXPENSE 10,030 5,015 0 0
OTHER EXPENSES 0 239,661 0 0


TY 2022 OtherIncomeSchedule2
Name:
CARGILL FOUNDATION
EIN:
41-6020221
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME -54 -318,533 0


TY 2022 OtherIncreasesSchedule
Name:
CARGILL FOUNDATION
EIN:
41-6020221
Description Amount
IN-KIND AND SERVICE CONTRIBUTIONS 245,696


TY 2022 OtherLiabilitiesSchedule
Name:
CARGILL FOUNDATION
EIN:
41-6020221
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAX LIABILITY 1,127,290 117,571


TY 2022 OtherProfessionalFeesSchedule
Name:
CARGILL FOUNDATION
EIN:
41-6020221
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ALLIANCE BERNSTEIN 173,587 173,587 0 0
PROFESSIONAL SERVICES 284,669 40,959 0 0
RTI PARTNERS LTD 167,325 167,325 0 0
BLACKROCK EMERGING FUND 12,700 12,700 0 0
GOLDMAN SACHS ASSET 403,986 403,986 0 0
WELLINGTON TRUST CO 26,032 26,032 0 0
ACADIAN INTERNATIONAL 63,486 63,486 0 0
OWNERSHIP CAPITAL 95,814 94,814 0 0
PACIFIC ASSET MANAGEMENT 20,617 20,617 0 0


TY 2022 TaxesSchedule
Name:
CARGILL FOUNDATION
EIN:
41-6020221
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX EXPENSE 34,231 0 0 0
FOREIGN TAXES PAID 0 121,534 0 0