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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
CHS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)5500 CENEX DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
INVER GROVE HEIGHTS, MN55077
A Employer identification number

41-6025858
B Telephone number (see instructions)

(651) 355-6000
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$50,227,938J 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) 7,553,631
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,754,560 1,754,560  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 809,578
b Gross sales price for all assets on line 6a 4,767,097
7 Capital gain net income (from Part IV, line 2)... 809,578
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,722 0  
12 Total. Add lines 1 through 11........ 10,119,491 2,564,138  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 136,391 13,639   122,752
14 Other employee salaries and wages...... 57,548 5,755   51,793
15 Pension plans, employee benefits....... 18,366 1,837   16,529
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
7,220 0   7,220
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
47,950 23,975   23,975
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
85,816 67,097   18,719
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
111,853 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
195,585 0   143,647
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 660,729 112,303   384,635
25 Contributions, gifts, grants paid....... 8,176,461 4,649,794
26 Total expenses and disbursements. Add lines 24 and 25 8,837,190 112,303   5,034,429
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,282,301
b Net investment income (if negative, enter -0-) 2,451,835
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 467,187 143,987 143,987
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 186    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 28,522,219 Click to see attachment
List of Attached Documents:
// Content
35,321,143 		35,321,143
c Investments—corporate bonds (attach schedule)....... 12,194,796 Click to see attachment
List of Attached Documents:
// Content
14,762,808 		14,762,808
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)..........      
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) 41,184,388 50,227,938 50,227,938
Liabilities 17 Accounts payable and accrued expenses.......... 39,063 62,826
18 Grants payable................. 250,000 3,776,667
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
0 		Click to see attachment
List of Attached Documents:
// Content
100,779
23 Total liabilities (add lines 17 through 22)......... 289,063 3,940,272
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........... 40,895,325 46,287,666
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 40,895,325 46,287,666
30 Total liabilities and net assets/fund balances (see instructions). 41,184,388 50,227,938
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
40,895,325
2
Enter amount from Part I, line 27a .....................
2
1,282,301
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,110,040
4
Add lines 1, 2, and 3 ..........................
4
46,287,666
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
46,287,666
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,767,097   3,957,519 809,578
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       809,578
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 809,578
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  
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 34,081
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 34,081
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 34,081
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 20,934
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 20,934
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 592
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 13,739
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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 2023 or the taxable year beginning in 2023? 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
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.CHSFOUNDATION.ORG
14
The books are in care ofright arrowMEGAN WOLLE Telephone no.right arrow (651) 355-3710

Located atright arrow5500 CENEX DRIVEINVER GROVE HEIGHTSMN ZIP+4right arrow55077
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
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
 
No
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
DAVE KAYSER CHAIR
0.40 		0 0 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
MARK FARRELL VICE CHAIR/SECRETARY
0.40 		0 0 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
KEVIN THROENER BOARD TRUSTEE
0.40 		0 0 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
JERRAD STROH BOARD TRUSTEE
0.40 		0 0 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
JON HOPKINS BUSINESS MANAGER
1.00 		6,791 0 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
MEGAN WOLLE EXECUTIVE DIRECTOR
20.00 		129,600 3,633 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
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
TERA STODDARD SENIOR STEWARDSHIP S
16.00 		57,548 3,174 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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
NONE
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 (2023)
Form 990-PF (2023)
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
42,586,175
b
Average of monthly cash balances.......................
1b
533,948
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
43,120,123
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
43,120,123
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
646,802
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
42,473,321
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,123,666
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
2,123,666
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
34,081
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
34,081
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,089,585
4
Recoveries of amounts treated as qualifying distributions................
4
1,722
5
Add lines 3 and 4............................
5
2,091,307
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
2,091,307
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
5,034,429
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
5,034,429
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 2,091,307
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 4,047,951
b From 2019...... 3,123,902
c From 2020...... 6,052,777
d From 2021...... 2,152,339
e From 2022...... 4,136,781
f Total of lines 3a through e ........ 19,513,750
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 5,034,429
a Applied to 2022, 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 2023 distributable amount..... 2,091,307
e Remaining amount distributed out of corpus 2,943,122
5 Excess distributions carryover applied to 2023. 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 22,456,872
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		4,047,951
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		18,408,921
10 Analysis of line 9:
a Excess from 2019.... 3,123,902
b Excess from 2020.... 6,052,777
c Excess from 2021.... 2,152,339
d Excess from 2022.... 4,136,781
e Excess from 2023.... 2,943,122
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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:
CHS FOUNDATION
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
(651) 355-6000
bThe form in which applications should be submitted and information and materials they should include:
APPICANTS MAY SUBMIT A REQUEST ONLINE. WRITTEN REQUESTS ARE ACCEPTED, BUT NOT ENCOURAGED.
cAny submission deadlines:
IF APPLICABLE, SUBMISSION DEADLINES ARE DISCLOSED IN THE APPLICATION
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
CHS FOUNDATION SUPPORTS EDUCATION AND LEADERSHIP PROGRAMS THAT INVEST IN THE FUTURE OF AGRICULTURE, COOPERATIVE BUSINESS AND RURAL AMERICA. EACH APPLICATION IS REVIEWED INDIVIDUALLY. THE MAJORITY OF FUNDING AND FOCUS IS PLACED ON SCHOLARSHIPS AND GRANTS. ALL GRANT AWARDS ARE ON A YEAR-ROUND CYCLE, WITH THE FOLLOWING EXCEPTIONS. THE CHS FOUNDATION COOPERATIVE EDUCATION GRANTS PROGRAM, WHICH IS A COMPETITIVE GRANTS PROGRAM THAT FOCUSED ON INVESTING IN PROGRAMS THAT DEVELOP AND ENHANCE THE UNDERSTANDING OF COOPERATIVE BUSINESS THROUGH EDUCATION, PROFESSIONAL DEVELOPMENT AND PRACTICAL EXPERIENCE. APPLICATIONS FOR THAT PROGRAM ARE ACCEPTED, ANNUALLY, FROM JANUARY TO LATE FEBRUARY, WITH ANNOUNCEMENTS IN APRIL. THE CHS UNIVERSITY PARTNER COMPETITIVE GRANT PROGRAM, WHICH SUPPORTS AGRICULTURE-FOCUSED PROJECTS AT COLLEGES AND UNIVERSITIES, ACCEPTS APPLICATIONS ANNUALLY FROM APRIL TO JUNE, WITH ANNOUNCEMENTS IN THE FALL.
Form 990-PF (2023)
Form 990-PF (2023)
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

AGRICULTURE FUTURE OF AMERICA INC

PO BOX 379
LIBERTY,MO64069 		  PC 2023 AFA PROGRAM SUPPORT AND GROWTH PARTNERSHIP 265,000

AGRIINSTITUTE INC

PO BOX 249
DANVILLE,IN46122 		  SO I INDIANA AGRICULTURAL LEADERSHIP PROGRAM 10,000

AMERICAN FARM BUREAU FOUNDATION FOR AGRICULTURE

600 MARYLAND AVE SW SUITE 1000W
WASHINGTON,DC20024 		  SO III FI COLLEGIATE FARM BUREAU DISCUSSION MEET 15,000

AMERICAN ROYAL ASSOCIATION

1701 AMERICAN ROYAL CT
KANSAS CITY,MO64102 		  PC AMERICAN ROYAL COLLEGIATE CROPS JUDGING CONTEST 2,000

ANIMAL AGRICULTURE ALLIANCE

2101 WILSON BLVD STE 810-B
ARLINGTON,VA22201 		  PC COLLEGE AGGIES ONLINE 12,000

ASSOCIATION OF COOPERATIVE EDUCATOR

121 WASHINGTON AVENUE NORTH
MINNEAPOLIS,MN55401 		  PC EMPOWERING THE NEXT GENERATION OF AG CO-OP LEADERS: AG READY PROGRAM 2.0 40,000

BIG BEND COMMUNITY COLLEGE FOUNDATION

MAILING ADDRESS 7662 CHANUTE ST NE
MOSES LAKE,WA98837 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

BLACK HAWK EAST COLLEGE FOUNDATION

MAILING ADDRESS 26230 BLACK HAWK RD
GALVA,IL61434 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

CASPER COLLEGE FOUNDATION

125 COLLEGE DR
CASPER,WY82601 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

COLORADO STATE UNIVERSITY FOUNDATION

MAILING ADDRESS 1101 CAMPUS
DELIVERY
FORT COLLINS,CO80523 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

COLUMBIA SCHOOL DISTRICT NO 400

755 MAPLE STREET
BURBANK,WA99323 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | CASE CURRICULUM 1,000

COOPERATIVE DEVELOPMENT FOUNDATION

1775 I STREET NW SUITE 800
WASHINGTON,DC20006 		  PC COOPERATIVE LEADERS AND SCHOLARS PROGRAM 7,500

COOPERATIVE EDUCATION CORPORATION

MONTANA FARMERS UNION 300 RIVER
DRIVE NORTH PO BOX 2447
GREAT FALLS,MT59404 		  SO III FI DEVELOPING FUTURE LEADERS 25,000

COOPERATIVE EDUCATION CORPORATION

MONTANA FARMERS UNION 300 RIVER
DRIVE NORTH PO BOX 2447
GREAT FALLS,MT59404 		  SO III FI DAY OF COOPERATIVE EDUCATION 5,920

COUNTIES OF WINONA AND OLMSTED

600 EAST 6TH ST
ST CHARLES,MN55972 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | SUMMER AG TOUR 1,000

COUNTY OF MADISON SCHOOL DISTRICT #5

PO BOX 586
SHERIDAN,MT59749 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | ANIMAL SCIENCE 1,000

COUNTY OF MADISON TWIN BRIDGES SCHOOL

216 WEST 6TH AVE
TWIN BRIDGES,MT59754 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | AG MECHANICS 1,000

DISCOVERY EDUCATION INC

4350 CONGRESS ST SUITE 700
CHARLOTTE,NC28209 		  NC COOPERATIVE MINDS: CHS FOUNDATION + DISCOVERY EDUCATION 250,000

FARM FOUNDATION

1301 WEST 22ND ST SUITE 906
OAK BROOK,IL60523 		  PC YOUNG FARMER/YOUNG AGRIFOOD LEADER NEXT GENERATION PROGRAM 10,000

FARMERS UNION FOUNDATION

305 ROSELAWN AVE E SUITE 200
ST PAUL,MN55117 		  PC MINNESOTA FARMERS UNION YOUTH LEADERSHIP CAMPS 25,000

FOX VALLEY TECHNICAL COLLEGE FOUNDATION INC

MAILING ADDRESS 1825 N BLUEMOUND DR
PO BOX 2277
APPLETON,WI54914 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

HARRISBURG SCHOOL DISTRICT 41-2

PO BOX 187
HARRISBURG,SD57032 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | EDUCATIONAL TOOL KITS 1,000

HOLSTEIN FOUNDATION INC

PO BOX 816
BRATTLEBORO,VT05302 		  SO I YOUNG DAIRY LEADERS INSTITUTE CLASS 13 10,000

ILLINOIS AGRICULTURAL LEADERSHIP FOUNDATION

PO BOX 1368
BLOOMINGTON,IL61702 		  PC ILLINOIS AG LEADERSHIP ANNUAL FUNDING 10,000

IND SCHOOL DISTRICT 912

500 HIGHWAY 23 W
MILACA,MN56353 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | SCHOOL FOREST EQUIPMENT 1,000

INDEPENDENT SCHOOL DISTRICT NO 2687

8700 COUNTRY ROAD 6 SW PO BOX 708
HOWARD LAKE,MN55349 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | HORTICULTURE / GREENHOUSE 1,000

IOWA STATE UNIVERSITY FOUNDATION

2505 UNIVERSITY BLVD PO BOX 2230
AMES,IA50010 		  PC AGTECH TRAVELING EXHIBIT AND TRAINING PROGRAM 200,000

IOWA STATE UNIVERSITY FOUNDATION

2505 UNIVERSITY BLVD PO BOX 2230
AMES,IA50010 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000
JAMES BERNARD


209 5TH STREET SOUTH APARTMENT 103
FAIRMOUNT,ND58030 		NONE I 2023 ASSISTANCE 1,716

JOSEPH SCHOOL DISTRICT #6

PO BOX 787
JOSEPH,OR97846 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | HORTICULTURE / GREENHOUSE 1,000

KANSAS AGRICULTURE AND RURAL LEADERSHIP INC

10E UMBERGER HALL KSU
MANHATTAN,KS66506 		  PC KARL PROGRAM CLASS XVI - YEAR TWO 10,000

KANSAS COOPERATIVE COUNCIL

1515 E 30TH AVE
HUTCHINSON,KS67502 		  NC COOPERATIVE VIDEO PROJECT 20,000

KANSAS STATE UNIVERSITY

2 FAIRCHILD HALL 1601 VATTIER
STREET
MANHATTAN,KS66506 		  PC PRECISION AGRONOMY TEACHING HUB (PATH): EDUCATION THROUGH SMART FARM INTEGRATION AND TRAINING 256,870

KANSAS STATE UNIVERSITY FOUNDATION

MAILING ADDRESS KANSAS STATE
UNIVERSITY AGEC/ACCC 342 WATERS HAL
MANHATTAN,KS66502 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

KENAI PENINSULA BOROUGH SCHOOL DISTRICT

148 N BINKLEY STREET
SOLDOTNA,AK99669 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | CASE CURRICULUM 1,000

LAC QUI PARLE VALLEY ISD #2853

2860 291ST AVE
MADISON,MN56256 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | AG HEALTH & SAFETY 1,000

LAKE AREA TECHNICAL COLLEGE FOUNDATION

MAILING ADDRESS 1201 ARROW AVE NE
WATERTOWN,SD57201 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 8,000

LAKE REGION COMMUNITY COLLEGE FOUNDATION OF DEVILS LAKE

1801 COLLEGE DR N
DEVILS LAKE,ND58301 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

MALHEUR COUNTY SCHOOL DISTRICT #66

2987 HARPER WESTFALL ROAD
HARPER,OR97906 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | AG WELDING SHOP 1,000

MAPLE RIVER SCHOOL DISTRICT #2135

801 CENTRAL AVENUE SOUTH
MAPLETON,MN56065 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | AG MECHANICS 1,000

MILES COMMUNITY COLLEGE FOUNDATION

MAILING ADDRESS 2715 DICKINSON ST
MILES CITY,MT59301 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

MITCHELL TECHNICAL INSTITUTE FOUNDATION

MAILING ADDRESS 1800 E SPRUCE ST
MITCHELL,SD57301 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

MONTANA COOPERATIVE DEVELOPMENT CENTER INC

410 CENTRAL AVE SUITE 429
GREAT FALLS,MT59401 		  PC MONTANA COOPERATIVE ACADEMY 10,000

MONTANA STATE UNIVERSITY

PO BOX 170535
BOZEMAN,MT59717 		  PC PROGRAM SUPPORT FOR REAL MONTANA CLASS V 10,000

MONTANA STATE UNIVERSITY FOUNDATION

PO BOX 172750
BOZEMAN,MT59717 		  PC MONTANA STATE UNIVERSITY PRECISION AG AND DATA ANALYTICS PROJECT 200,000

MONTANA STATE UNIVERSITY FOUNDATION

PO BOX 172750
BOZEMAN,MT59717 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

MURRAY & NOBLES COS-IND SCHOOL DISTRICT 505

410 NORTH COLLEGE AVENUE
FULDA,MN56131 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | AG HEALTH & SAFETY 1,000

NATIONAL 4-H COUNCIL

655 15TH STREET NW
WASHINGTON,DC20005 		  PC 4-H POSITIVE YOUTH DEVELOPMENT EVENTS: GROWING THE NEXT GENERATION OF DEI LEADERS 500,000

NATIONAL AGRICULTURE IN THE CLASSROOM ORGANIZATION-NAITC-INC

1422 MOUNTAIN SPRINGS RD
CABOT,AR72023 		  PC 2024 NATIONAL AGRICULTURE IN THE CLASSROOM SUPPORT 100,000

NATIONAL AGRI-MARKETING ASSOCIATION NAMA FOUNDATION

11020 KING ST STE 205
OVERLAND PARK,KS66210 		  PC STUDENT NAMA PROGRAM 5,000

NATIONAL FARMERS UNION FOUNDATION

20 F ST NW SUITE 300
WASHINGTON,DC20001 		  PC FARMERS UNION LEADERSHIP DEVELOPMENT PROGRAMMING 60,000

NATIONAL FARMERS UNION FOUNDATION

20 F ST NW SUITE 300
WASHINGTON,DC20001 		  PC FARMERS UNION COOPERATIVE EDUCATION PROGRAMMING 45,000

NATIONAL FFA FOUNDATION INC

6060 FFA DR
INDIANAPOLIS,IN46278 		  PC NATIONAL FFA PARTNERSHIP FOR THE FUTURE 1,430,000

NORTH DAKOTA FARMERS UNION EDUCATIONAL FOUNDATION

1415 12TH AVE SE
JAMESTOWN,ND58401 		  SO III FI NORTH DAKOTA FARMERS UNION CAMP 100,000

NORTH DAKOTA FARMERS UNION EDUCATIONAL FOUNDATION

1415 12TH AVE SE
JAMESTOWN,ND58401 		  SO III FI NORTH DAKOTA FARMERS UNION EPIC PROGRAM 25,000

NORTH DAKOTA STATE COLLEGE OF SCIENCE

800 SIXTH STREET NORTH
WAHPETON,ND58076 		  GOV PRECISION AGRICULTURE TECHNICIAN INITIATIVE 93,795

NORTH DAKOTA STATE UNIVERSITY FOUNDATION

1241 UNIVERSITY DR N
FARGO,ND58102 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

NORTHEAST COMMUNITY COLLEGE FOUNDATION

801 E BENJAMIN AVE
NORFOLK,NE68701 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

NORTHWEST AGRICULTURAL COOPERATIVE COUNCIL

PO BOX 14911
TUMWATER,WA98511 		  NC OREGON STATE UNIVERSITY COOPERATIVE CLASS AND TOUR OF COOPERATIVES 10,000

OKLAHOMA STATE UNIVERSITY FOUNDATION

MAILING ADDRESS 136 AGRICULTURAL
HALL
STILLWATER,OK74074 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

RALPH K MORRIS FOUNDATION

5775 WAYZATA BLVD SUITE 700
MINNEAPOLIS,MN55416 		  PC ELROY WEBSTER COOPERATIVE STUDIES 5,000

REDLANDS COMMUNITY COLLEGE

MAILING ADDRESS 1300 S COUNTRY CLUB
RD
EL RENO,OK73036 		  GOV DRONE TECHNOLOGY DATA ANALYTICS 17,500

REDLANDS COMMUNITY COLLEGE

MAILING ADDRESS 1300 S COUNTRY CLUB
RD
EL RENO,OK73036 		  GOV 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

REGENTS OF THE UNIVERSITY OF MINNESOTA

MAILING ADDRESS UNIVERSITY OF
MINNESOTA TWIN CITIES CFANS DEVELOP
MINNEAPOLIS,MN55455 		  GOV 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

REGENTS OF THE UNIVERSITY OF MINNESOTA

146 RUTTAN HALL 1994 BUFORD AVE
ST PAUL,MN55108 		  GOV 2024 MINNESOTA AGRICULTURAL EDUCATION INTERNSHIP 6,500

REGIONAL SCHOOL DISTRICT #14

5 MINORTOWN ROAD
WOODBURY,CT06798 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | ANIMAL SCIENCE 1,000

RIDGEWATER COLLEGE FOUNDATION

2101 15TH AVE NW
WILLMAR,MN56201 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

ROCKY MOUNTAIN FARMERS UNION EDUCATIONAL AND CHARITABLE

7900 E UNION AVENUE SUITE 200
DENVER,CO80237 		  PC RMFU COOPERATIVE LEADERSHIP YOUTH PROGRAM 16,540

ROCKY MOUNTAIN FARMERS UNION EDUCATIONAL AND CHARITABLE

7900 E UNION AVENUE SUITE 200
DENVER,CO80237 		  PC ROCKY MOUNTAIN FARMERS UNION FELLOWS/FELLOWS JUNIOR 10,000

SELAH SCHOOL DISTRICT #119

316 W NACHES AVE
SELAH,WA98942 		  GOV 2023 NATIONAL FFA CONVENTION CLASSROOM GRANT | AG MECHANICS 1,000

SOUTH DAKOTA FARMERS UNION FOUNDATION

1410 DAKOTA AVENUE SOUTH
HURON,SD57350 		  PC COMMUNITY OF COOPERATION 25,000

SOUTH DAKOTA STATE UNIVERSITY FOUNDATION

MAILING ADDRESS 815 MEDARY AVE
BROOKINGS,SD57006 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

THE BISMARCK STATE COLLEGE FOUNDATION

PO BOX 5587
BISMARCK,ND58506 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 10,000

THE NEBRASKA COOPERATIVE COUNCIL EDUCATION FOUNDATION

635 S 14TH STREET SUITE 125
LINCOLN,NE68508 		  PC COOPERATIVE EDUCATION FOR NEBRASKAS YOUTH - 2023 2,000

UNIVERSITY OF IDAHO FOUNDATION INC

MAILING ADDRESS 875 PERIMETER DR MS
2331
MOSCOW,ID83844 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

UNIVERSITY OF ILLINOIS FOUNDATION

MAILING ADDRESS 1305 WEST GREEN ST
URBANA,IL61801 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK ST SE STE 500
MINNEAPOLIS,MN55455 		  PC EXPANDING UMN DIGITAL AGRICULTURE EDUCATION NON-CREDIT AND FOR-CREDIT OFFERINGS 150,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK ST SE STE 500
MINNEAPOLIS,MN55455 		  PC COMMODITY CHALLENGE 17,000

UNIVERSITY OF NEBRASKA BOARD OF REGENTS

308 CANFIELD ADMINISTRATION
BUILDING PO BOX 880439
LINCOLN,NE68588 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

UNIVERSITY OF NEBRASKA FOUNDATION

1010 LINCOLN MALL STE 300
LINCOLN,NE68508 		  PC THE NEBRASKA LEAD PROGRAM: PREPARING THE NEXT GENERATION OF LEADERS FOR NEBRASKA AGRICULTURE 10,000

UNIVERSITY OF WISCONSIN RIVER FALLS FOUNDATION

MAILING ADDRESS 410 S 3RD ST
RIVER FALLS,WI54022 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

UNIVERSITY OF WISCONSIN-PLATTEVILLE

1 UNIVERSITY PLAZA
PLATTEVILLE,WI53818 		  GOV DEVELOPING A MULTI-DISCIPLINARY PRECISION AGRICULTURE CERTIFICATE PROGRAM AT UW-PLATTEVILLE 80,000

VIRGINIA TECH FOUNDATION INC

902 PRICES FORK ROAD SUITE 4500
BLACKSBURG,VA24061 		  GOV IAPAL ANNUAL LEADERSHIP DEVELOPMENT MEETING (2023) 2,500

WEST TEXAS A & M UNIVERSITY FOUNDATION

MAILING ADDRESS PO BOX 60766
CANYON,TX79016 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 22,000

WISCONSIN FARMERS UNION FOUNDATION INC

117 W SPRING ST
CHIPPEWA FALLS,WI54729 		  PC 2023 WISCONSIN FARMERS UNION CAMP 33,000

WISCONSIN FARMERS UNION FOUNDATION INC

117 W SPRING ST
CHIPPEWA FALLS,WI54729 		  PC 2023 WFU CO-OP YOUTH PROGRAM 7,620

NORTH DAKOTA STATE UNIVERSITY FOUNDATION

1241 UNIVERSITY DR N
FARGO,ND58102 		  PC 2023/24 UNIVERSITY PARTNER PROGRAM 83,333
Total .................................right arrow 3a 4,649,794
bApproved for future payment

NATIONAL FFA FOUNDATION INC
6060 FFA DR
INDIANAPOLIS,IN46278 		  PC NATIONAL FFA PARTNERSHIP FOR THE FUTURE 2,860,000

DISCOVERY EDUCATION INC
4350 CONGRESS ST SUITE 700
CHARLOTTE,NC28209 		  NC COOPERATIVE MINDS: CHS FOUNDATION + DISCOVERY EDUCATION 250,000

NATIONAL 4-H COUNCIL
655 15TH STREET NW
WASHINGTON,DC20005 		  PC 4-H POSITIVE YOUTH DEVELOPMENT EVENTS: GROWING THE NEXT GENERATION OF DEI LEADERS 500,000
Total ................................. right arrow 3b 3,610,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,754,560  
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 ............ 		    18 809,578  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aGRANT AWARDS RETURNED 		        1,722
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,564,138 1,722
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,565,860
(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.)
11A REFUND OF AMOUNTS PREVIOUSLY TREATED AS QUALIFYING DISTRIBUTIONS.
Form 990-PF (2023)
Form 990-PF (2023)
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)
Yes
 
(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
1a(1) 20,000 KANSAS COOPERATIVE COUNCIL GRANT
1a(1) 10,000 NORTHWEST AGRICULTURAL COOPERATIVE COUNCIL GRANT
1a(1) 250,000 DISCOVERY EDUCATION INC GRANT
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 (2023)
Additional Data


Software ID:  
Software Version:  


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

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
CHS FOUNDATION
 
Employer identification number

41-6025858
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
CHS FOUNDATION
  		Employer identification number
41-6025858
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
CHS INC
 
5500 CENEX DRIVE
 
INVER GROVE HEIGHTS, MN55077

$ 7,553,631


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
CHS FOUNDATION
  		Employer identification number

41-6025858
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
CHS FOUNDATION
  		Employer identification number

41-6025858
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 47,950 23,975   23,975

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

TY 2023 ExpenditureResponsibilityStmt
Name:
CHS FOUNDATION
EIN:
41-6025858
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
NORTHWEST AGRICULTURAL COOPERATIVE COUNCIL
  		PO BOX 14911
TUMWATER,DC20024 		2023-03-08 10,000 OREGON STATE UNIVERSITY COOPERATIVE CLASS 10,000 NO DUE: 4/30/2024 2023-04-13  
DISCOVERY EDUCATION INC
  		10576 JUSTIN DR
URBANDALE,IA50322 		2023-09-06 500,000 CO-OPERATIVE MINDS PLATFORM 250,000 NO FINAL DUE: 10/31/25; PROGRESS REPORT: 10/31/24 2023-10-04  
KANSAS COOPERATIVE COUNCIL
  		1515 EAST 30TH AVE
HUTCHINSON,KS67504 		2023-03-08 20,000 CO-OPERATIVE VIDEO PROJECT 20,000 NO DUE: 3/31/2024 2023-04-21  

TY 2023 InvestmentsCorpBondsSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Name of Bond End of Year Book Value End of Year Fair Market Value
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND 4,203,340 4,203,340
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND 1,945,282 1,945,282
TOTAL BOND MKT IX IST PLS 8,614,186 8,614,186

TY 2023 InvestmentsCorpStockSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Name of Stock End of Year Book Value End of Year Fair Market Value
VANGUARD TOTAL INTERNATIONAL STOCK INDEX 7,082,453 7,082,453
VANGUARD TOTAL STOCK MARKET INDEX FUND 10,579,298 10,579,298
VANGUARD PRIMECAP FUND 5,295,808 5,295,808
VANGUARD WINDSOR FUND 5,300,499 5,300,499
VANGUARD INTERNATIONAL VALUE FUND 3,547,648 3,547,648
VANGUARD INTERNATIONAL GROWTH FUND 3,515,437 3,515,437

TY 2023 LegalFeesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 7,220 0   7,220


TY 2023 OtherExpensesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL & MANAGERIAL EXPENSE 193,567 0   141,629
COMMUNICATIONS 1,993 0   1,993
STATE FILING FEE 25 0   25


TY 2023 OtherIncomeSchedule2
Name:
CHS FOUNDATION
EIN:
41-6025858
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GRANT AWARDS RETURNED 1,722   1,722


TY 2023 OtherIncreasesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Description Amount
UNREALIZED GAIN ON INVESTMENTS 4,110,040


TY 2023 OtherLiabilitiesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Description Beginning of Year - Book Value End of Year - Book Value
EXCISE TAX LIABILITY 0 100,779


TY 2023 OtherProfessionalFeesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 67,097 67,097   0
EDUCATIONAL FUND CONSULTING 18,719 0   18,719


TY 2023 TaxesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 111,853 0   0