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
LOTHENBACH FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)401 LAKE STREET EAST 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WAYZATA, MN55391
A Employer identification number

81-4309433
B Telephone number (see instructions)

(952) 903-4400
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$11,870,796J 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) 175
2 Check right arrow.............
3 Interest on savings and temporary cash investments 68 68  
4 Dividends and interest from securities... 116,316 116,316  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 242,248
b Gross sales price for all assets on line 6a 4,211,774
7 Capital gain net income (from Part IV, line 2)... 242,248
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
150 150  
12 Total. Add lines 1 through 11........ 358,957 358,782  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,400 3,700   3,700
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
27,243 27,243   0
17 Interest............... 146 146   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
21,706 80   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,298 2,298   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,145 6,520   625
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 65,938 39,987   4,325
25 Contributions, gifts, grants paid....... 576,000 576,000
26 Total expenses and disbursements. Add lines 24 and 25 641,938 39,987   580,325
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -282,981
b Net investment income (if negative, enter -0-) 318,795
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............. 4 1,669 1,669
2 Savings and temporary cash investments......... 149,471 146,070 146,070
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,446,149 Click to see attachment
List of Attached Documents:
// Content
9,479,586 		9,479,586
c Investments—corporate bonds (attach schedule)....... 52,214 0 0
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).......... 2,006,536 Click to see attachment
List of Attached Documents:
// Content
2,243,471 		2,243,471
14 Land, buildings, and equipment: basis right arrow9,989
Less: accumulated depreciation (attach schedule) right arrow9,989      
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,654,374 11,870,796 11,870,796
Liabilities 17 Accounts payable and accrued expenses.......... 110 1,329
18 Grants payable.................   275,000
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
9,945 		Click to see attachment
List of Attached Documents:
// Content
11,445
23 Total liabilities (add lines 17 through 22)......... 10,055 287,774
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 10,644,319 11,583,022
29 Total net assets or fund balances (see instructions)..... 10,644,319 11,583,022
30 Total liabilities and net assets/fund balances (see instructions). 10,654,374 11,870,796
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
10,644,319
2
Enter amount from Part I, line 27a .....................
2
-282,981
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,496,684
4
Add lines 1, 2, and 3 ..........................
4
11,858,022
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
275,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,583,022
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      
b FROM K-1 STEPSTONE VC SECONDAIRIES FUND V-B      
c CAPITAL GAINS DIVIDENDS P    
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 4,211,488   3,960,807 250,681
b     8,719 -8,719
c 286     286
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       250,681
b       -8,719
c       286
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 2 242,248
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 4,431
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 4,431
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 4,431
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 44,683
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 44,683
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......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 40,252
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow40,252 Refundedright arrow 11 0
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 arrowN/A
14
The books are in care ofright arrowTHE FOUNDATION Telephone no.right arrow (952) 903-4400

Located atright arrow401 LAKE STREET EAST 300WAYZATAMN ZIP+4right arrow55391
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)
Yes
 
(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
 
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)
 
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
ROBERT J LOTHENBACH TRUSTEE
0.00 		0 0 0
401 LAKE STREET EAST SUITE 300
WAYZATA,MN55391
FRANK W LOTHENBACH JR TRUSTEE
0.00 		0 0 0
401 LAKE STREET EAST SUITE 300
WAYZATA,MN55391
JACK D LOTHENBACH TRUSTEE
0.00 		0 0 0
401 LAKE STREET EAST SUITE 300
WAYZATA,MN55391
SCOTT EGGINGTON TRUSTEE
0.00 		0 0 0
401 LAKE STREET EAST SUITE 300
WAYZATA,MN55391
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 (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
11,089,701
b
Average of monthly cash balances.......................
1b
124,171
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
11,213,872
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
11,213,872
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
168,208
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
11,045,664
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
552,283
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
552,283
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
4,431
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,431
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
547,852
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
547,852
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
547,852
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
580,325
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
580,325
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 7 547,852
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 553,132
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 580,325
a Applied to 2022, but not more than line 2a 553,132
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..... 27,193
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 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 .......... 		520,659
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) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
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).)
ROBERT J LOTHENBACH
FRANK W LOTHENBACH JR
JACK D LOTHENBACH
SCOTT EGGINGTON
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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

FIREFIGHTERS FOR HEALING

PO BOX 374
CHAMPLIN,MN55316 		NONE PC GENERAL SUPPORT 100,000

HORSES FOR MENTAL HEALTH

3039 CANYON LINK DR
PARK CITY,UT84098 		NONE PC GENERAL SUPPORT 50,000

THE GOD'S CHILD PROJECT

PO BOX 50668
MINNEAPOLIS,MN55405 		NONE PC GENERAL SUPPORT 100,000

IMAGINE WORLDWIDE

1080 EDGEWOOD AVE
MILL VALLEY,CA94941 		NONE PC GENERAL SUPPORT 75,000

CHARMED FOUNDATION

462 BEACON ST 22
BOSTON,MA02115 		NONE PC GENERAL SUPPORT 100,000

GABRIELLE'S ANGEL FOUNDATION FOR CANCER RESEARCH

430 W 14TH STREET
NEW YORK,NY10014 		NONE PC GENERAL SUPPORT 50,000

READING PARTNERS TWIN CITIES

700 RAYMOND AVE SUITE 160
ST PAUL,MN55114 		NONE PC GENERAL SUPPORT 100,000

LAKE MINNETONKA ASSOCIATION

PO BOX 248
EXCELSIOR,MN55331 		NONE PC GENERAL SUPPORT 1,000
Total .................................right arrow 3a 576,000
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		    14 68  
4 Dividends and interest from securities ....     14 116,316  
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 ............ 		    18 242,248  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aMISCELLANEOUS INCOME 		    18 150  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 358,782 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
358,782
(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 (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)
 
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 (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
LOTHENBACH FAMILY FOUNDATION
EIN:
81-4309433
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 7,400 3,700   3,700

TY 2023 InvestmentsCorpStockSchedule
Name:
LOTHENBACH FAMILY FOUNDATION
EIN:
81-4309433
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 125,370 125,370
ABBVIE INC COM 84,459 84,459
ACCENTURE PLC IRELAND CL A 182,122 182,122
ADOBE SYSTEMS INC (DELAWARE) 8,352 8,352
ADVANCED MIRCO DEVICES INC 67,809 67,809
AEROVIRONMENT INC 3,151 3,151
ALIBABA GROUP HLDG LTD SPON 1,550 1,550
ALLEGION PLC 33,953 33,953
ALPHABET INC CL A 220,151 220,151
AMAZON.COM INC 253,284 253,284
AMER ELECTRIC POWER CO 28,346 28,346
AMER EXPRESS CO 5,433 5,433
AMERESCO INC CL A 1,837 1,837
AMERICAN TOWER CORP REIT 63,037 63,037
AMERICAN OUTDOOR BRANDS INC 3,368 3,368
AMERIPRISE FINANCIAL INC 46,339 46,339
ANALOG DEVICES INC 86,175 86,175
ANSYS INC 47,537 47,537
APPFOLIO INC CL A 2,945 2,945
APPLE INC 220,832 220,832
APPLIED MATERIALS INC 65,314 65,314
ARCELLX INC 1,499 1,499
ARISTA NETWORKS INC 8,007 8,007
ARLO TECHNOLOGIES INC 7,559 7,559
ARROWHEAD PHARMACEUTICALS INC 1,499 1,499
ARVINAS INC 1,976 1,976
ASML HLDG NV SPON ADR 42,388 42,388
ASPEN TECHNOLOGIY INC 38,967 38,967
ATI INC 3,410 3,410
ARTICURE INC 2,070 2,070
AUTOMATIC DATA PROCESSING INC 59,407 59,407
AVADEL PHARMACEUTICAL PLC 2,330 2,330
AVISTA CORP 3,896 3,896
AZEK CO INC CL A 4,590 4,590
BELLRING BRAND INC 3,991 3,991
BENTLEY SYSTEMS INC CL B 60,738 60,738
BERKLEY W R CORP 40,240 40,240
BLACKROCK INC 72,250 72,250
BLOOMIN BRANDS INC 3,265 3,265
BOISE CASCADE CO 3,751 3,751
BOSTON SCIENTIFIC CORP 44,803 44,803
BRAZE INC CL A 3,878 3,878
BRIGHT HORIZONS FAMILY SOLUTIONS INC 27,235 27,235
BROADCOM INC 179,716 179,716
BUZZI SPA ADR 4,715 4,715
BWX TECHNOLOGIES INC 2,609 2,609
CADENCE DESIGN SYSTEMS 5,720 5,720
CHARLES RIVER LABORATORIES 43,025 43,025
CHART INDUSTRIES INC 2,454 2,454
CHEMED CORP NEW 31,577 31,577
CHESAPEAKE ENERGY CORP 7,078 7,078
CHIPOTLE MEXICAN GRILL INC CL A 61,748 61,748
CHOICES HOTELS INTL INC NEW 25,493 25,493
CHUBB LTD CHF 73,450 73,450
CHURCHILL DOWNS INC 3,643 3,643
CLEARWATER ANALYTICS HLDGS INC CL A 3,185 3,185
COCA COLA CO COM 136,835 136,835
COGNIZANT TECH SOLUTIONS CRP 4,683 4,683
COLUMBIA BKG SYS INC 2,321 2,321
CONFLUENT INC CL A 3,253 3,253
CONMED CORP 2,957 2,957
COOPER COMPANIES INC NEW 51,846 51,846
COSTCO WHOLESALE CORP 66,008 66,008
CRAWFORD & CO CL A 5,944 5,944
CYBER-ARK SOFTWARE LTD ILS 4,600 4,600
DANAHER CORP 26,604 26,604
DATADOG INC 5,341 5,341
DAVE & BUSTERS ENTMT INC 3,123 3,123
DECIPHERA PHARMACEUTICALS INC 1,565 1,565
DEXCOM INC 3,350 3,350
DIAGEO PLC NEW GB SPON ADR 12,818 12,818
DIGITALOCEAN HLDGS INC 1,835 1,835
DOLBY LABORATORIES INC CL A 36,540 36,540
DOREL INDUSTRIES CL B CAD 2,785 2,785
DOUBLEVERIFY HLDGS INC 3,237 3,237
DRIL-QUIP INC 9,355 9,355
DUOLINGO INC CL A 4,310 4,310
DYNATRACE INC 5,578 5,578
EAGLE BANCORP MONT INC COM 2,574 2,574
EDGEWELL PERS CARE CO 8,755 8,755
ELANCO ANIMAL HEALTH INC 7,241 7,241
ELASTIC NV EUR 4,508 4,508
EMBRAER S A SPON ADR 10,277 10,277
EOG RESOURCES INC 42,333 42,333
EPAM SYSTEMS INC 1,487 1,487
EQUIFAX INC 43,276 43,276
EQUITY COMWLTH REIT 5,626 5,626
ESSENT GROUP LTD 2,057 2,057
EXPONENT INC 31,430 31,430
EXXON MOBIL CORP 86,483 86,483
FAIR ISAAC CORP 31,428 31,428
FIRST BANCORP N C 2,369 2,369
FIRST WATCH RESTAURANT GROUP 3,075 3,075
FLOWSERVE CORP 4,163 4,163
FLYWIRE CORP-VOTING 2,616 2,616
FOSTER L B CO CL A 4,684 4,684
GITLAB INC CL A COM CL A 4,029 4,029
GRAHAM CORP 11,894 11,894
GRAPHIC PACKAGING HOLDING CO 2,859 2,859
GXO LOGISTICS INC 3,058 3,058
HANESBRANDS INC 4,554 4,554
HEALTH CARE SVCS GROUP INC 6,015 6,015
HENRY JACK & ASSOC INC 37,094 37,094
HOME DEPOT INC 65,845 65,845
HONEYWELL INTL INC 95,418 95,418
HUBSPOT INC 8,708 8,708
HURCO COMPANIES 5,275 5,275
IDEAYA BIOSCIENCES INC 2,170 2,170
IMMUNOCORE HOLDINGS PLC ADR 2,050 2,050
IMMUNOVANT INC COM 1,517 1,517
IMPINJ INC 3,331 3,331
INGLES MARKETS INC CL A 6,564 6,564
INSMED INC COM 2,107 2,107
INSPIRE MED SYS INC 3,255 3,255
INTELLIA THERAPEUTICS INC 549 549
INTERACTIVE BROKERS GROUP INC CL A 29,512 29,512
INTRA-CELLULAR THERAPIES INC 2,005 2,005
INTUIT 75,629 75,629
INTUITIVE SURGICAL INC 50,267 50,267
IQVIA HLDGS INC 4,628 4,628
JAMF HLDGS CORP COM 2,041 2,041
JOHNSON & JOHNSON COM 72,884 72,884
JPMORGAN CHASE & CO 98,318 98,318
KBR INC 2,106 2,106
KENNAMETAL INC 6,112 6,112
KONINKLIJKE PHILIPS NV SPON ADR 3,523 3,523
KYMERA THERAPEUTICS INC 1,018 1,018
LAM RESEARCH CORP 3,916 3,916
LATTICE SEMICONDUCTOR CORP 2,760 2,760
LENNOX INTL INC 52,360 52,360
LENSAR INC COM 878 878
LILY ELI & CO 106,674 106,674
LINDE PLC NEW EUR 80,088 80,088
LPL FINL HLDGS INC COM 41,882 41,882
LULULEMON ATHLETICA INC 7,158 7,158
MARSH & MCLENNAN COS INC 57,788 57,788
MARVEL TECHNOLOGY INC 7,840 7,840
MASTEC INC 3,029 3,029
MASTERCARD INC CL A 78,051 78,051
MATADOR RES CO 2,502 2,502
MATCH GROUP INC 4,234 4,234
MCDONALDS CORP 73,238 73,238
MEDPLACE HOLDINGS INC 5,824 5,824
MERCURY GENL CORP NEW 4,365 4,365
META PLATFORMS INC CL A 157,866 157,866
MICRON TECHNOLOGY INC 8,107 8,107
MICROSOFT CORP 719,741 719,741
MONGODB INC 2,862 2,862
MOOG INC CL A 9,555 9,555
MORGAN STANLEY 66,954 66,954
NATL BANCSHARES INC BLACKSBURG VA 4,238 4,238
NATL PRESTO INDUST 4,656 4,656
NEOGENOMICS INC NEW 1,133 1,133
NETGEAR INC 10,643 10,643
NEXTERA ENERGY INC COM 48,835 48,835
NIKE, INC CL B 56,999 56,999
NORDSON CORP 49,134 49,134
NVIDIA CORP 12,876 12,876
O REILLY AUTOMOTIVE INC 45,604 45,604
ON SEMICONDUCTOR CORP 3,425 3,425
ORACLE CORP 108,382 108,382
ORION GROUP HOLDINGS INC 4,397 4,397
PALO ALTO NETWORKS INC 53,668 53,668
PARK AEROSPACE CORP 10,555 10,555
PARKER HANNIFIN CORP 40,081 40,081
PDD HOLDINGS INC SPON ADR 6,145 6,145
PEDIATRIX MEDICAL GROUP INC 3,004 3,004
PERFORMANCE FOOD GROUP CO 4,564 4,564
PHIBRO ANIMAL HEALTH CORP CL A 5,049 5,049
PHILLIPS 66 39,543 39,543
PINTEREST INC CL A 6,704 6,704
POOL CORP 56,617 56,617
POWERSCHOOL HLDGS INC 2,804 2,804
PREMIER INC CL A 1,051 1,051
PRESTIEGE CONSUMER HEALTHCARE INC 6,489 6,489
PROCTER & GAMBLE CO 60,814 60,814
PROGRESSIVE CORP OHIO 3,663 3,663
PROLOGIS INC COM 74,515 74,515
PROSPERITY BANCSHARES INC 2,438 2,438
PROTAGONIST THERAPEUTICS INC 1,697 1,697
PROTHENA CORP PLC 763 763
PURE STORAGE INC CL A 4,351 4,351
QORVO INC 4,392 4,392
RADNET INC 3,442 3,442
RAPT THERAPEUTICS INC 1,864 1,864
REGAL REXNORD CORP 4,293 4,293
RELAY THERAPEUTICS INC COM 826 826
REPLIGEN CORP 2,158 2,158
REPUBLIC SERVICES INC 41,557 41,557
RHYTHM PHARMACEUTICALS INC 1,931 1,931
RIBBON COMMUNICATIONS INC 2,952 2,952
ROCKWELL AUTOMATION INC NEW 28,564 28,564
ROLLINS INC 38,080 38,080
RYMAN HOSPITALITY PPTYS INC COM 6,934 6,934
R1 RCM INC 1,712 1,712
S&P GLOBAL INC 51,981 51,981
SAIA INC 34,181 34,181
SALESFORCE, INC 91,573 91,573
SCLUMBERGER LTD NETHERLANDS 36,116 36,116
SCOTTS MIRACLE-GRO CO CL A 26,966 26,966
SERVICENOW INC 4,239 4,239
SHAKE SHACK INC CL A 3,558 3,558
SHERWIN WILLIAMS CO 59,885 59,885
SHIFT4 PMTS INC CL A 3,940 3,940
SHOALS TECHNOLOGIES GROUP INC 870 870
SIMPSON MANUFACTURING CO INC DELA 4,554 4,554
SITEONE LANDSCAPE SUPPLY INC 33,475 33,475
SNOWFLAKE INC CL A 5,771 5,771
SOLARWINDS CORP 4,709 4,709
SONY GROUP CORP SPONSORED ADR 6,534 6,534
SPIRIT AEROSYSTEMS HOLDINGS INC CL A 5,180 5,180
SPROUT SOCIAL INC CL A 3,011 3,011
STARBUCKS CORP 77,576 77,576
STERLING CHECK CORP COM 1,044 1,044
SUPER MICRO COMPUTER INC 3,695 3,695
SURGERY PARTNERS INC 3,199 3,199
TAIWAN SEMICONDUCTOR MFG CO LTD ADR 105,040 105,040
TAKE-TWO INTERACTIVE SOFTWARE 4,829 4,829
TAPESTRY INC 1,877 1,877
TELEDYNE TECHNOLOGIES INC 34,364 34,364
TENCENT HLDGS LTD ADR 5,215 5,215
TERADYNE INC 41,346 41,346
THE TRADE DESK INC CLA 6,476 6,476
THERMO FISHER SCIENTIFIC INC 47,240 47,240
THOR INDUSTRIES INC 46,945 46,945
TJX COS INC NEW 68,669 68,669
TOPBUILD CORP 4,117 4,117
TRANE TECHNOLOGIES PLC 26,829 26,829
UBER TECHNOLOGIES INC 8,189 8,189
UNIFIRST CORP MASS 3,475 3,475
UNION PACIFIC CORP 129,687 129,687
UNITED PARCEL SERVICE INC CL B 64,779 64,779
UNITED THERAPEUTICS CORP 1,539 1,539
UNITEDHEALTH GROUP INC 184,791 184,791
UNIVERSAL DISPLAY CORP 12,432 12,432
UTAH MEDICAL PRODUCTS INC 3,958 3,958
VARONIS SYS INC 4,936 4,936
VERISK ANALYTICS INC 3,822 3,822
VIKING THERAPEUTICS INC 2,010 2,010
VISA INC CL A 114,033 114,033
VISTEON CORP COM NEW 4,122 4,122
WATSCO INC 44,132 44,132
WEATHERFORD INTL PLC 3,620 3,620
WERNER ENTERPRISES INC 2,585 2,585
WIX COM LTD ILS 4,183 4,183
WORLD KINECT CORP 6,356 6,356
XENCOR INC 1,125 1,125
ZEBRA TECHNOLOGIES CORP CL A 35,806 35,806
ZSCALER INC 4,210 4,210
ZURN ELKAY WATER SOLUTIONS CORP 35,233 35,233
SPROTT PHYSICAL URANIUM TR CAD 6,754 6,754
MORGAN STANLEY FINANCE L/O SDT-AN RTY SPX 791,350 791,350
MORGAN STANLEY FINANCE T-GEARS EUROPEAN BASKET 629,910 629,910
HSBC USA INC 413,200 413,200

TY 2023 InvestmentsOtherSchedule2
Name:
LOTHENBACH FAMILY FOUNDATION
EIN:
81-4309433
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AVENUE AVIATION OPP FMV 406,726 406,726
ACAP STRATEGIC FUND FMV 491,682 491,682
ALPHAKEYS MILLENNIUM OFFSHORE FUND LTD SER 1 FMV 382,923 382,923
NINETEEN77 MERGER ARBITRAGE LTD FMV 697,972 697,972
STEPSTONE SECONSAIRIES FMV 264,168 264,168

TY 2023 OtherDecreasesSchedule
Name:
LOTHENBACH FAMILY FOUNDATION
EIN:
81-4309433
Description Amount
INCREASE IN GRANTS PAYABLE - READING PARTNERS 275,000


TY 2023 OtherExpensesSchedule
Name:
LOTHENBACH FAMILY FOUNDATION
EIN:
81-4309433
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SOFTWARE 625 0   625
FROM K-1 STEPSTONE VC SECONDAIRIES FUND V-B 6,520 6,520   0


TY 2023 OtherIncomeSchedule2
Name:
LOTHENBACH FAMILY FOUNDATION
EIN:
81-4309433
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MISCELLANEOUS INCOME 150 150 150


TY 2023 OtherIncreasesSchedule
Name:
LOTHENBACH FAMILY FOUNDATION
EIN:
81-4309433
Description Amount
CHANGE IN UNREALIZED GAIN/(LOSS) 1,495,798
NONDIVIDEND DISTRIBUTION 886


TY 2023 OtherLiabilitiesSchedule
Name:
LOTHENBACH FAMILY FOUNDATION
EIN:
81-4309433
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO ROBERT J. LOTHENBACH 9,945 11,445


TY 2023 OtherProfessionalFeesSchedule
Name:
LOTHENBACH FAMILY FOUNDATION
EIN:
81-4309433
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BROKER FEES 27,243 27,243   0


TY 2023 TaxesSchedule
Name:
LOTHENBACH FAMILY FOUNDATION
EIN:
81-4309433
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX EXPENSE 21,626 0   0
FOREIGN TAX PAID 80 80   0