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
MAGGIE APPLAUDS GREAT GOALS IN
EDUCATION INC
Number and street (or P.O. box number if mail is not delivered to street address)3266 ROBINSONS BAY ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WAYZATA, MN55391
A Employer identification number

41-1884780
B Telephone number (see instructions)

(952) 473-6422
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$26,921,662J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 49,794 49,794  
4 Dividends and interest from securities... 433,552 433,552  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 97,007
b Gross sales price for all assets on line 6a 14,217,463
7 Capital gain net income (from Part IV, line 2)... 97,007
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
-28,637 -28,637  
12 Total. Add lines 1 through 11........ 551,716 551,716  
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
8,251 7,013   1,238
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
126,417 107,454   18,963
17 Interest............... 68,049 68,049   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
38,522 8,522   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
604 604   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 241,843 191,642   20,201
25 Contributions, gifts, grants paid....... 1,532,500 1,532,500
26 Total expenses and disbursements. Add lines 24 and 25 1,774,343 191,642   1,552,701
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,222,627
b Net investment income (if negative, enter -0-) 360,074
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............. 1,906 1,778 1,778
2 Savings and temporary cash investments......... 485,302 371,201 371,201
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) 283,448 0 0
b Investments—corporate stock (attach schedule)....... 12,632,950 Click to see attachment
List of Attached Documents:
// Content
7,358,499 		9,233,817
c Investments—corporate bonds (attach schedule)....... 235,812 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).......... 13,641,676 Click to see attachment
List of Attached Documents:
// Content
17,126,989 		17,314,866
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) 27,281,094 24,858,467 26,921,662
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 1,500,000 300,000
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 1,500,000 300,000
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 94,694 94,694
28 Retained earnings, accumulated income, endowment, or other funds 25,686,400 24,463,773
29 Total net assets or fund balances (see instructions)..... 25,781,094 24,558,467
30 Total liabilities and net assets/fund balances (see instructions). 27,281,094 24,858,467
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
25,781,094
2
Enter amount from Part I, line 27a .....................
2
-1,222,627
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
24,558,467
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
24,558,467
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 HIGHBRIDGE SPAC OPPORTUNITY PRIVATE P    
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 14,208,994   14,093,906 115,088
b     26,550 -26,550
c 8,469     8,469
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       115,088
b       -26,550
c       8,469
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 97,007
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 5,005
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 5,005
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 5,005
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 11,241
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 11,241
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 6,236
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow6,236 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 arrowRAYMOND O MITHUN JR Telephone no.right arrow (952) 473-6422

Located atright arrow3266 ROBINSONS BAY ROADWAYZATAMN 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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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
RAYMOND O MITHUN JR PRESIDENT
1.00 		0 0 0
3266 ROBINSONS BAY ROAD
WAYZATA,MN55391
MARY G MITHUN VICE-PRESIDENT
1.00 		0 0 0
3266 ROBINSONS BAY ROAD
WAYZATA,MN55391
ALAN C EIDSNESS SECRETARY
1.00 		0 0 0
HENSON EFRON 400 SECOND AVE SOUTH
MINNEAPOLIS,MN55401
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
24,431,608
b
Average of monthly cash balances.......................
1b
3,329,995
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
27,761,603
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
27,761,603
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
416,424
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
27,345,179
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,367,259
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,367,259
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,005
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,005
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,362,254
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,362,254
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,362,254
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
1,552,701
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
1,552,701
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 1,362,254
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,284,854
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$ 1,552,701
a Applied to 2022, but not more than line 2a 1,284,854
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..... 267,847
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 .......... 		1,094,407
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).)
RAYMOND O MITHUN JR
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:
MAGGIE APPLAUDS GREAT GOALS IN EDUC
PO BOX 292
LA POINTE,WI54850
(952) 473-6422
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION FORMS ARE AVAILABLE UPON WRITTEN REQUEST
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SCHOLARSHIPS ARE AVAILABLE FOR MADELINE ISLAND, WI RESIDENTS
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

826 MSP

1915 E 22ND STREET
MINNEAPOLIS,MN55404 		NONE 501(C)(3) GENERAL FUND 10,000

PEOPLE SERVING PEOPLE

614 SOUTH 3RD STREET
MINNEAPOLIS,MN55415 		NONE 501(C)(3) GENERAL FUND 5,000

PROVIDENCE ACADEMY

15100 SCHMIDT LAKE ROAD
PLYMOUTH,MN55446 		NONE 501(C)(3) GENERAL FUND 1,500,000

SPRINGBOARD FOR THE ARTS

262 UNIVERSITY AVENUE WEST
ST PAUL,MN55103 		NONE 501(C)(3) GENERAL FUND 2,500

SANNEH FOUNDATION

1276 UNIVERSITY AVENUE WEST
ST PAUL,MN55104 		NONE 501(C)(3) GENERAL FUND 10,000

PROJECT GOT YOUR BACK

5123 WEST 98TH STREET
BLOOMINGTON,MN55437 		NONE 501(C)(3) GENERAL FUND 5,000
Total .................................right arrow 3a 1,532,500
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 49,794  
4 Dividends and interest from securities ....     14 433,552  
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 97,007  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRENTAL LOSS FROM PASSTHROUGH ENTITY 		      -28,637  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 551,716 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
551,716
(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:
MAGGIE APPLAUDS GREAT GOALS IN
 
EDUCATION INC
EIN:
41-1884780
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COPELAND BUHL 8,251 7,013   1,238

TY 2023 InvestmentsCorpStockSchedule
Name:
MAGGIE APPLAUDS GREAT GOALS IN
 
EDUCATION INC
EIN:
41-1884780
Name of Stock End of Year Book Value End of Year Fair Market Value
FIDELITY 500 INDEX-INST PRM 2,172,283 3,271,480
HEALTH CARE SELECT SECTOR 94,848 152,336
INVESCO QQQ TRUST SERIES 1 208,714 455,386
INVESCO S&P 500 EQUAL WEIGHT 256,963 270,627
ISHARES BIOTECHNOLOGY ETF 80,810 80,287
VANECK OIL SERVICES ETF 84,974 136,498
ISHARES CORE S&P MIDCAP ETF 304,553 325,651
ARTISAN INTL VAL-INST 173,315 181,941
FIDELITY INTL INDX- INST PRM 407,315 455,978
ISHARES MSCI CANADA 107,822 119,613
SPDR EURO STOXX 50 ETF 226,612 227,432
VANGUARD FTSE EUROPE ETF 287,923 307,376
ISHARES MSCI JAPAN ETF 317,016 344,175
T ROWE PRICE NEW ASIA-I 74,875 72,671
ISHARES CORE MSCI EMERGING 653,806 648,790
MATTHEWS CHINA FUND-INS 122,464 75,683
VANECK GOLD MINERS 81,658 80,130
ABBVIE INC 13,463 18,596
ACUSHNET HOLDINGS CORP 10,292 16,740
ADOBE SYSTEMS INC 4,830 7,756
ALLSTATE CORP 7,535 9,099
ALPHABET INC 7,624 17,053
AMAZON COM INC 7,887 15,042
AMCOR PLC 13,809 11,279
AMERICAN ELECTRIC POWER INC 18,723 17,056
AMERICAN INTL GROUP INC 4,700 9,282
AMERICAN TOWER CORP 7,546 6,692
AMGEN INC 18,882 17,857
AMPHENOL CORP NEW 6,846 17,447
ARCH CAP GROUP LTD 16,239 34,833
ARCHER-DANIELS-MIDLND CO 4,651 7,294
ARISTA NETWORKS INC 4,804 21,431
ARMSTRONG WORLD INDUSTRIES 5,974 8,259
ARTISAN PARTNERS ASSET MANAGEMENT 9,083 9,499
ASML HOLDING NV 3,687 6,812
ASPEN TECHNOLOGY INC 5,406 6,605
AT & T INC 19,944 17,116
ATRION CORP 4,358 2,273
BANC FIRST CORP 6,930 7,105
BAXTER INTERNATIONAL INC 11,409 8,157
BCE INC 25,630 22,013
BERKLEY W R CORPORATION 5,321 11,952
BOSTON SCIENTIFIC CORP 3,683 5,954
BRITISH AMERN TOB PLC 15,270 12,507
BRISTOL MYERS SQUIBB 13,662 0
BROOKFIELD ASSET MANGMNT 9,479 10,725
BROOKFIELD CORPORATION 6,630 9,870
BROWN AND BROWN INC COM 8,001 21,475
BROWN FORMAN CORP 14,404 8,622
CARLISLE COMPANIES INC 15,875 27,181
CARMAX INC 16,996 18,494
CDN IMPERIAL BK COMMRC 11,692 13,431
CDW CORPORATION OF DELAWARE 6,724 18,640
CHEVRON CORPORATION 14,405 10,590
CIGNA CORP NEW 4,967 7,486
CISCO SYSTEMS INC 6,374 7,527
CLEARWATER ANALYTICS HOLDINGS INC 7,003 6,550
COGNIZANT TECHNOLOGY 7,470 9,064
COMCAST CORP 7,895 9,515
CONAGRA BRANDS INC 23,169 16,021
CONOCOPHILLIPS 2,529 7,545
COPART INC 5,251 22,246
CORVEL CORP 8,698 11,372
COSTCO WHSL CORP 4,228 9,241
CULLEN FROST BANKERS INC 5,282 0
CROWDSTRIKE HLDGS INC CL A 4,194 8,170
CROWN CASTLE INTERNATIONAL CORP 16,154 13,938
CVS HEALTH CORPORATION 6,515 7,896
DEXCOM INC 4,339 6,080
DISNEY WALT COMPANY 8,560 6,681
DOLLAR GENERAL CORP 9,496 7,205
DOLLAR TREE STORES INC 25,686 33,524
DOMINION ENERGY INC 27,046 18,753
DONALDSON COMPANY INC 3,010 4,117
DOVER CORP COMMON 7,892 8,613
DUKE ENERGY CORP 32,941 35,225
DUPONT DE NEMOURS INC 6,958 9,078
EMCOR GROUP INC 9,251 25,205
ENBRIDGE INC 25,340 24,854
ENTERGY CORP NEW 14,880 14,470
EQUITY RESIDENTIAL 7,074 7,706
EXXON MOBILE CORP 8,212 0
EXPEDITORS INTL WASH INC 5,075 10,049
FACTSET RESEARCH SYSTEMS INC 6,082 10,495
FIDELITY NATIONAL INFORMATION SVCS 10,899 7,088
FIRST HAWAIIAN INC 7,694 10,104
FLOOR & DECOR HOLDINGS 10,779 17,292
FTI CONSULTING INC 12,066 22,106
GARTNER INC 18,718 40,600
GILEAD SCIENCES INC 19,895 12,233
GENUINE PARTS CO COM 8,308 0
GLACIER BANCORP INC 9,753 10,041
GRACO INCORPORATED COM 6,713 15,009
HOLOGIC INC 7,434 6,931
HOME DEPOT INC 4,425 6,238
HONEYWELL INTERNATIONAL INC 8,336 8,808
HUNTINGTON BANCSHRES INC 17,642 17,108
INTUITIVE SURGICAL INC 4,362 5,735
JACK HENRY & ASSOC INC 3,466 4,739
JOHNSON & JOHNSON 6,921 6,583
KENVUE INC 12,845 10,464
KADANT INC 11,424 12,053
K.FORCE INC 4,480 5,067
KIMBERLY-CLARK CORP 20,201 18,227
LABORATORY CORP OF AMER HLDGS 10,468 17,501
LANDSTAR SYSTEMS INC 12,229 13,943
LCI INDUSTRIES 7,894 8,297
LIBERTY BROADBAND CORP 14,045 14,587
LIBERTY MEDIA CORP 12,164 12,310
LOWERS COMPANIES INC 7,840 8,234
LYONDELLBASELL 23,227 23,770
MANHATTAN ASSOCIATES INC 3,261 18,518
MASTERCARD INC 6,081 8,957
MERCK & CO INC 6,482 8,395
MEDTRONIC PLC 11,862 12,439
MICROCHIP TECHNOLOGY INC 3,864 6,222
MICROSOFT CORP 15,706 19,554
MKS INSTRUMENTS 11,656 13,785
MOELIS & CO 22,625 29,300
MOTOROLA SOLUTIONS INC 4,630 8,453
META PHATFORMS INC 8,985 0
NATIONAL GRID PLC 26,767 26,380
NIKE INC 5,286 5,103
NORTHROP GRUMMAN CORP 4,670 7,022
NVIDIA CORP 1,970 21,294
ORACLE CORPORATION 5,078 8,224
O'REILLY AUTOMOTIVE INC 3,812 3,800
PALO ALTO NETWORKS INC 4,987 6,487
PAYCHEX INC 6,971 6,908
PACCAR INC 13,001 22,948
PFIZER INCORPORATED 25,932 14,539
PHILIP MORRIS INTERNATIONAL INC 26,438 30,200
PNC FINANCIAL SERVICES GROUP 20,419 20,440
PPL CORPORATION 11,259 9,973
PRIMERICA INC 9,014 18,107
R L I CORP 5,835 7,055
RTX CORP 5,966 7,236
RBC BEARINGS INC 5,980 12,250
REALTY INCOME CORP 13,675 8,670
RIGHTMOVE 8,895 10,268
ROSS STORES INC 18,021 30,169
S&P GLOBAL INC 5,465 9,691
SANOFI ADR 18,302 11,189
SALESFORCE.COM 5,590 8,157
SCHWAB CHARLES CORP 2,273 4,403
SERVICENOW INC 6,009 17,662
SIMPSON MANUFACTURING INC 13,888 28,509
SHOPIFY INC 4,408 0
SNOWFLAKE INC 3,046 2,985
SOUTHERN COMPANY 17,938 20,054
TAKE-TWO INTERACTIVE SOFTWARE INC 6,711 7,726
TC ENERGY CORP 19,408 18,255
TELEDYNE TECHNOLOGIES 7,548 8,033
THOR INDUSTRIES 9,106 10,879
TJX COS INC 5,867 8,161
TORO COMPANY 12,151 14,782
TOTALENERGIES 27,585 35,038
TRAVELERS COS INC 8,057 0
TRADE DESK INC 2,256 4,965
TRUIST FINL CORP 29,532 23,924
ULTA BEAUTY INC 1,895 4,410
UFP INDUSTRIES INC 10,780 13,434
UNILEVER PLC 8,604 8,532
UNITED PARCEL SERVICE 15,145 13,050
UNITEDHEALTH GROUP 6,740 7,371
US BANCORP 29,471 30,209
VERIZON COMMUNICATIONS 42,956 35,551
VISA INC CLASS A 6,170 12,236
WATERS CORPORATIONS 11,937 14,157
WASTE CONNECTIONS INC 3,059 4,926
WATTS WATER TECHNOLOGIES 7,586 14,167
WILLIAMS COMPANIES INC 21,098 24,903
ZOETIS INC 3,728 7,895
XCEL ENERGY 10,399 10,834
COCA-COLA CO 10,519 10,548

TY 2023 InvestmentsOtherSchedule2
Name:
MAGGIE APPLAUDS GREAT GOALS IN
 
EDUCATION INC
EIN:
41-1884780
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
HIGHBRIDGE SPAC OPPORTUNITY PRIVATE AT COST 0 16,384
MAGGIE MANOR TOO LLC AT COST 747,022 747,022
MITHUN ENTERPRISES AT COST 6,350,000 6,350,000
PROPERTIES OF EXCELSIOR AT COST 3,000,000 3,000,000
HPS MEZZANINE PRIVATE INVESTORS AT COST 147,618 216,962
VINTAGE 2020 PRIVATE INVESTMENTS AT COST 343,304 374,868
VINTAGE 2021 PRIVATE INVESTMENTS AT COST 243,802 266,004
VINTAGE 2022 PRIVATE INVESTMENTS AT COST 102,743 103,458
VINTAGE 2019 PRIVATE INVESTMENTS AT COST 348,776 451,676
VINTAGE 2023 PRIVATE INVESTMENTS AT COST 25,351 25,351
VP DISLOCATION II FUND AT COST 69,531 134,012
HPS CORPORATE LENDING FUND AT COST 936,820 1,030,738
COHEN & STEERS REAL ESTATE-F AT COST 715,514 673,065
ISHARES GOLD TRUST AT COST 79,907 111,743
PIMCO COMMODITYPL STRAT-INS AT COST 121,642 111,539
DODGE & COX INCOME AT COST 445,465 444,047
ISHARES 7-10 YEAR TREASURY AT COST 426,388 419,007
JPM MANAGED INCOME FD - USD L AT COST 108,037 107,962
PIMCO TOTAL RETURN FUND-INST AT COST 358,255 360,502
SCHWAB U.S. TIPS ETF AT COST 149,848 139,687
VANGUARD TTL BD MKT IDX-ADM AT COST 1,605,540 1,525,331
WFB 4.5 YR MLCD AT COST 240,748 228,758
JPM 7YR MLCD AT COST 560,678 476,750

TY 2023 OtherExpensesSchedule
Name:
MAGGIE APPLAUDS GREAT GOALS IN
 
EDUCATION INC
EIN:
41-1884780
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MN FILING FEE 25 25   0
PORTFOLIO DEDUCTIONS FROM PASSTHROUGH ENTITY 476 476   0
OFFICE EXPENSE 103 103   0


TY 2023 OtherIncomeSchedule2
Name:
MAGGIE APPLAUDS GREAT GOALS IN
 
EDUCATION INC
EIN:
41-1884780
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
RENTAL LOSS FROM PASSTHROUGH ENTITY -28,637 -28,637 -28,637


TY 2023 OtherProfessionalFeesSchedule
Name:
MAGGIE APPLAUDS GREAT GOALS IN
 
EDUCATION INC
EIN:
41-1884780
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADMINISTRATION FEES 126,417 107,454   18,963


TY 2023 TaxesSchedule
Name:
MAGGIE APPLAUDS GREAT GOALS IN
 
EDUCATION INC
EIN:
41-1884780
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES WITHHELD 8,522 8,522   0
FEDERAL TAXES 30,000 0   0