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
MINNESOTA POWER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)30 WEST SUPERIOR STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DULUTH, MN55802
A Employer identification number

56-2560595
B Telephone number (see instructions)

(218) 355-3169
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$930,458J 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) 750,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 40,757 40,757  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 790,757 40,757  
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).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
615 615   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
14,898 969   13,929
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 15,513 1,584   13,929
25 Contributions, gifts, grants paid....... 797,200 797,200
26 Total expenses and disbursements. Add lines 24 and 25 812,713 1,584   811,129
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -21,956
b Net investment income (if negative, enter -0-) 39,173
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............. 232,761 120,465 120,465
2 Savings and temporary cash investments......... 717,690 804,493 804,493
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.......... 1,963 5,500 5,500
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 952,414 930,458 930,458
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 519,545 272,000
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
0 		Click to see attachment
List of Attached Documents:
// Content
50,000
23 Total liabilities (add lines 17 through 22)......... 519,545 322,000
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........... 432,869 608,458
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 432,869 608,458
30 Total liabilities and net assets/fund balances (see instructions). 952,414 930,458
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
432,869
2
Enter amount from Part I, line 27a .....................
2
-21,956
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
197,545
4
Add lines 1, 2, and 3 ..........................
4
608,458
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
608,458
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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) 1 545
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........................... 3 545
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- ..... 5 545
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 500
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.............. 7 500
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 45
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 arrowMNPOWER.COM/COMPANY/MPFOUNDATION
14
The books are in care ofright arrowLISA SMITH Telephone no.right arrow (218) 355-3544

Located atright arrow30 WEST SUPERIOR STREETDULUTHMN ZIP+4right arrow558022093
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
BETHANY OWEN PRESIDENT
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
JEFFREY SCISSONS TREASURER
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
AIMEE CURTIS SECRETARY
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
GARY WHEELOCK DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
MIKE PERALA DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
MELISSA WEGLARZ DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
JOHN MUEHLBAUER DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
FRANK FREDERICKSON DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
JODI PIEKARSKI DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
ERIC CLEMENT DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
LORI HOYUM DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
MICHAEL CONRADI DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
KRISTOPHER BURAN DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
KELLY DESORMEY VICE PRESIDENT
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
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
0
b
Average of monthly cash balances.......................
1b
1,078,476
c
Fair market value of all other assets (see instructions)................
1c
5,500
d
Total (add lines 1a, b, and c).........................
1d
1,083,976
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
1,083,976
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
16,260
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,067,716
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
53,386
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
53,386
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
545
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
545
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
52,841
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
52,841
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
52,841
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
811,129
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
811,129
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 52,841
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 672,913
b From 2019...... 535,253
c From 2020...... 489,885
d From 2021...... 591,370
e From 2022...... 548,825
f Total of lines 3a through e ........ 2,838,246
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 811,129
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 52,841
e Remaining amount distributed out of corpus 758,288
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 3,596,534
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		672,913
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,923,621
10 Analysis of line 9:
a Excess from 2019.... 535,253
b Excess from 2020.... 489,885
c Excess from 2021.... 591,370
d Excess from 2022.... 548,825
e Excess from 2023.... 758,288
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MINNESOTA POWER FOUNDATION CO AIMEE
30 WEST SUPERIOR STREET
DULUTH,MN55802
(218) 355-3169
bThe form in which applications should be submitted and information and materials they should include:
APPLICANTS MUST SUBMIT THE FOLLOWING INFORMATION: ORGANIZATION: PROVIDE THE ORGANIZATION'S NAME AND ADDRESS, PLUS CONTACT PERSON'S NAME, TITLE AND TELEPHONE NUMBER. ALSO INCLUDE THE ORGANIZATION'S WEB SITE AND CONTACT'S E-MAIL ADDRESS IF APPLICABLE. ORGANIZATION HISTORY: INCLUDE MISSION STATEMENT. LIST ANY FINANCIAL OR OTHER TYPE OF MINNESOTA POWER INVOLVEMENT WITH THE ORGANIZATION. REQUEST: DESCRIBE THE PROJECT, PROGRAM OR USE FOR WHICH FUNDS ARE REQUESTED. INCLUDE A RANGE OF DONATION LEVELS DESCRIBING HOW EACH LEVEL WOULD ASSIST THE ORGANIZATION. AMOUNT: REQUESTED: STATE THE DOLLAR AMOUNT REQUESTED FROM THE MINNESOTA POWER FOUNDATION. PROJECT BUDGET: INCLUDE A DETAILED BUDGET. LIST OTHER FUNDING PARTNERS INVOLVED WITH THE PROJECT AND INDICATE WHETHER THEY ARE CONFIRMED OR TENTATIVE AND WHAT THEIR RESPECTIVE FINANCIAL COMMITMENTS ARE TO THE SPECIFIC PROJECT. EMPLOYEE INVOLVEMENT: LIST ANY MINNESOTA POWER OR ALLETE EMPLOYEES CURRENTLY VOLUNTEERING WITH YOUR ORGANIZATION
cAny submission deadlines:
GRANT APPLICATIONS ARE ACCEPTED AND REVIEWED THROUGHOUT THE YEAR.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE MINNESOTA POWER FOUNDATION IS COMMITTED TO IMPROVING THE QUALITY OF LIFE IN THE COMMUNITIES WHERE THE COMPANY CONDUCTS BUSINESS. THE MINNESOTA POWER FOUNDATION FOCUSES ITS GIVING IN THE FOLLOWING AREAS: EDUCATION ENVIRONMENT COMMUNITY SERVICES YOUTH DEVELOPMENT ARTS AND CULTURE HEALTH AND HUMAN SERVICES IN GENERAL, ALL AWARDS ARE CONSIDERED ONE-TIME GRANTS. HIGHEST PRIORITY IS GIVEN TO NONPROFIT 501(C)(3) ORGANIZATIONS WITHIN OUR SERVICE TERRITORY THAT SUBMIT WELL-DEFINED REQUESTS FOR PROJECTS OR PROGRAMS THAT MEET THE FOLLOWING CRITERIA: IMPROVE THE COMMUNITY'S QUALITY OF LIFE HAVE A BROAD BASE OF SUPPORT TAKE AN INNOVATIVE AND COST-EFFECTIVE APPROACH DO NOT DUPLICATE OTHER EFFORTS ALREADY IN EXISTENCE INCREASE PUBLIC AWARENESS
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

23RD VETERAN

178 NYNAS ROAD
ESKO,MN55733 		    SHIPPAR COMMUNITY LEADERSHIP AWARD 2,000

23RD VETERAN

178 NYNAS ROAD
ESKO,MN55733 		    POSITIVELY POWERFUL TEAM GRANT 500

7 STARS RANCH

5478 LAKEWOOD RD
DULUTH,MN55804 		    PROGRAM GROWTH 10,000

7 STARS RANCH

5478 LAKEWOOD RD
DULUTH,MN55804 		    POSITIVELY POWERFUL TEAM GRANT 500

AITKIN COMMUNITY FOOD SHELF

FIRST LUTHERAN CHURCH
AITKIN,MN56431 		    FOOD SHARE MONTH 500

AITKIN COUNTY SEARCH AND RESCUE

218 1ST ST NW
AITKIN,MN56431 		    DRONE PROJECT 1,000

AKELEY COMMUNITY FOOD SHELF

31510 COUNTY RD 23
AKELEY,MN56433 		    FOOD SHARE MONTH 500

ANIMAL ALLIES HUMAN SOCIETY

4006 AIRPORT RD
DULUTH,MN55811 		    POSITIVELY POWERFUL TEAM GRANT 500

ANIMAL ALLIES HUMANE SOCIETY

4006 AIRPORT ROAD
DULUTH,MN55811 		    2024 HUMANE EDUCATION PROGRAM 2,680

ARDENT ARCHERS

1959 SHAWNEE ROAD 115
EAGAN,MN55118 		    POSITIVELY POWERFUL TEAM GRANT 500

ARROWHEAD ECONOMIC OPPORTUNITY AGENCY

702 3RD AVENUE SOUTH
VIRGINIA,MN55792 		    HIBBING HOMELESS SHELTER RENOVATIONS 25,000

AURORA FOOD SHELF

203 S 2ND ST E
AURORA,MN55705 		    MARCH FOOD SHARE MONTH 1,500

AURORA HOYT LAKES BAND BOOSTER

601 NORTH 1ST ST W
AURORA,MN55705 		    SAXOPHONE PURCHASE 3,295

BIGFORK FOOD SHELF

200 MAIN AVENUE
BIGFORK,MN56628 		    MARCH FOOD SHARE MONTH 1,000

BLANDIN EMPLOYEES FOR LIFE

350 NW 1ST AVE SUITE E
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL TEAM GRANT 500

BOYS & GIRLS CLUBS OF GRAND RAPIDS AND GREENWAY

PO BOX 61
GRAND RAPIDS,MN55744 		    BOYS & GIRLS CLUBS OF GRAND RAPIDS AND GREENWAY 5,000

BOYS & GIRLS CLUBS OF THE NORTHLAND

PO BOX 16435
DULUTH,MN55816 		    POSITIVELY POWERFUL TEAM GRANT 500

BROWERVILLE AREA FOOD SHELF

701 N MAIN STREET
BROWERVILLE,MN56438 		    FOOD SHARE MONTH 500

CARING FOR THE KIDS COMMUNITY

16W 2ND AVE NORTH
AURORA,MN55705 		    DON SHIPPAR COMMUNITY LEADERSHIP AWARD 1,000

CARLTON COUNTY RIDERS ATVUTVOHM CLUB

1477 DOUGLAS ROAD
CARLTON,MN55718 		    LIDS-4-KIDS 1,250

CHISHOLM FOOD SHELF

208 W LAKE ST
CHISHOLM,MN55719 		    MARCH FOOD SHARE MONTH 1,500

CHURCHES UNITED IN MINISTRY (CHUM)

102 WEST SECOND STREET
DULUTH,MN55802 		    MARCH FOOD SHARE MONTH 750

CITY OF DEER RIVER

60 2ND STREET SE
DEER RIVER,MN56636 		    PLAYGROUND AND PAVILION PROJECT 10,000

CITY OF MCKINLEY

5454 GRAND AVENUE
MCKINLEY,MN55741 		    MCKINLEY MUNICIPAL PARK RENOVATION 10,000

CLIFTON VOLUNTEER FIRE DEPARTMENT

2446 OLD NORTH SHORE RD
DULUTH,MN55804 		    PURCHASING FIRE RESCUE SAW 1,600

COLLEGE OF ST SCHOLASTICA INC

1200 KENWOOD AVENUE
DULUTH,MN55811 		    POSITIVELY POWERFUL TEAM GRANT 500

COLLEGE OF ST SCHOLASTICA INC

1200 KENWOOD AVENUE
DULUTH,MN55811 		    COLLEGE OF ST. SCHOLASTICA STUDENT CENTER 35,000

COLLEGE OF ST SCHOLASTICA INC

1200 KENWOOD AVENUE
DULUTH,MN55811 		    ANNUAL THANKSGIVING BUFFET 3,000

COMMUNITY PARTNERS LIVE WELL AT HOME BLOCK NURSE

417 SOUTH AVENUE
TWO HARBORS,MN55616 		    DEMENTIA PROGRAMMING 1,000

COURAGE KENNY REHABILITATION INSTITUTE - NORTHLAND

424 W SUPERIOR ST 200
DULUTH,MN55802 		    POSITIVELY POWERFUL TEAM GRANT 500

CUYUNA RANGE FOOD SHELF

302 CROSS AVENUE
CROSBY,MN56441 		    FOOD SHARE MONTH 500

CUYUNA RANGE YOUTH CENTER

22237 MORITZ RD
CROSBY,MN56441 		    PROGRAMMING FOR VULNERABLE YOUTH 1,000

DAMIANO CENTER

206 W 4TH ST
DULUTH,MN55806 		    POSITIVELY POWERFUL TEAM GRANT 500

DEER RIVER FOOD SHELF

1049 COMSTOCK DR
DEER RIVER,MN56636 		    MARCH FOOD SHARE MONTH 1,000

DENFELD DNA FIRST ROBOTICS TEAM 4009

PO BOX 7367
DULUTH,MN55807 		    DENFELD DNA ROBOTICS 2023-24 1,000

DRIFT TOPPERS SNOWMOBILE CLUB

PO BOX 3199
DULUTH,MN55803 		    SHIPPAR COMMUNITY LEADERSHIP AWARD 1,500

DULUTH ARMORY

1325 LONDON ROAD
DULUTH,MN55805 		    RECORDING STATION EXPANSION 1,000

DULUTH COMMUNITY GARDEN PROGRAM

206 W 4TH ST 214
DULUTH,MN55806 		    PROVIDING ACCESSIBLE GARDENING SPACES 2,000

DULUTH CROSS COUNTRY SKI CLUB

1346 W ARROWHEAD RD
DULUTH,MN55811 		    POSITIVELY POWERFUL TEAM GRANT 500

DULUTH DEVO MOUNTAIN BIKE PROGRAM

459 KENILWORTH AVENUE
DULUTH,MN55803 		    POSITIVELY POWERFUL TEAM GRANTS 500

DULUTH EAST DAREDEVILS ROBOTICS TEAM 2512

301 N 40TH AVE E
DULUTH,MN55804 		    POSITIVELY POWERFUL TEAM GRANT 500

DULUTH LIONS CLUB FOUNDATION

PO BOX 16662
DULUTH,MN55816 		    POSITIVELY POWERFUL TEAM GRANT 500

DULUTH PLAYHOUSE INC

211 E SUPERIOR STREET
DULUTH,MN55802 		    THE LAB RE-ENVISIONING PROJECT 15,000

DULUTH SUPERIOR AREA COMMUNITY FOUNDATION

324 W SUPERIOR ST 700
DULUTH,MN55802 		    2023 SCHOLARSHIP AWARD 5,000

ELY FOOD SHELF

PO BOX 786
ELY,MN55731 		    MARCH FOOD SHARE MONTH 1,000

EMPLOYMENT ENTERPRISES INC

PO BOX 303
LITTLE FALLS,MN56345 		    KEEPING WHEELS ON OUR RECYCLING PROGRAM 25,000

ESKO COMMUNITY EDUCATION

2 E HWY 61 PO BOX 10
ESKO,MN55733 		    SUMMER PROGRAMMING 400

ESSENTIA HEALTH FOUNDATION

502 E 2ND STREET
DULUTH,MN55805 		    VISION NORTHLAND 50,000

FAMILY PATHWAYS

6413 OAK STREET
NORTH BRANCH,MN55056 		    MARCH FOOD SHARE MONTH 750

FAMILY SAFETY NETWORK

PO BOX 1162
WALKER,MN56484 		    TRAUMA RESPONSE FOR VICTIMS OF DOMESTIC VIOLENCE 10,000

FIRST WITNESS CHILD ADVOCACY CENTER

4 WEST 5TH STREET
DULUTH,MN55806 		    RESTORING HOPE: A CAPITAL CAMPAIGN TO END CHILD ABUSE 50,000

FLOODWOOD AREA FOOD SHELF

601 ASH STREET
FLOODWOOD,MN55736 		    MARCH FOOD SHARE MONTH 750

FOOD SHELF - SILVER BAY

99 EDISON BLVD
SILVER BAY,MN55614 		    MARCH FOOD SHARE MONTH 750

FORTITUDE SERVICE DOGS

7609 ALBERT ROAD
SAGINAW,MN55779 		    POSITIVELY POWERFUL TEAM GRANT 500

FRIENDS OF THE WALKER PUBLIC LIBRARY

PO BOX 550
WALKER,MN56484 		    NEW WALKER PUBLIC LIBRARY 15,000

GNESEN VOLUNTEER FIRE DEPARTMENT

4504 DATKA ROAD
DULUTH,MN55803 		    GIBEAU VOLUNTEER FIRST RESPONDER AWARD 1,500

GOODLAND TOWNSHIP

13502 COMMUNITY CENTER ROAD
GOODLAND,MN55742 		    GOODLAND PARK EXPANSION & RENOVATION 2,500

GRACF-GRAND RAPIDS MN FARMER'S MARKET POP CLUB

350 NW 1ST AVE SUITE E
GRAND RAPIDS,MN55744 		    POWER OF PRODUCE PROGRAM 500

GRAND RAPIDS AREA LACROSSE ASSOCIATION

PO BOX 5173
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL TEAM GRANT 500

GRAND RAPIDS FARMERS MARKET - GRACF

350 NW 1ST AVE SUITE E
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL TEAM GRANTS 500

GRAND RAPIDS ITASCA MOUNTAIN BIKE ASSOCIATION

27366 COUNTY ROAD 69
BOVEY,MN55709 		    POWERED WHEELBARROW 1,500

GUNFLINT TRAIL VOLUNTEER FIRE DEPARTMENT

52 BLACK SPRUCE TRAIL
GRAND MARAIS,MN55604 		    GIBEAU VOLUNTEER FIRST RESPONDER AWARD 1,500

HABITAT FOR HUMANITY MORRISON COUNTY

65 E BROADWAY
LITTLE FALLS,MN56345 		    HOUSE 23 5,000

HACKENSACK AREA COMMUNITY FOOD SHELF

PO BOX 55
HACKENSACK,MN56452 		    FOOD SHARE MONTH 500

HARBOR HOUSE CRISIS SHELTER

1531 HUGHITT AVENUE
SUPERIOR,WI54880 		    POSITIVELY POWERFUL TEAM GRANT 500

HEAD OF THE LAKES UNITED WAY

424 W SUPERIOR ST
DULUTH,MN55802 		    ANNUAL CAMPAIGN 99,500

HEARTLAND ARTS (FKA PR LAKES AREA ARTS COUNCIL)

PO BOX 702
PARK RAPIDS,MN56470 		    MURAL ON 2ND STREET 1,000

HERMANTOWN ROBOTICS

4335 HAWKS CIRCLE DRIVE
HERMANTOWN,MN55811 		    HERMANTOWN TALONS ROBOTICS TEAM 5232 1,000

HORIZON HEALTH INC

26814 143RD STREET
PIERZ,MN56364 		    FAITH IN ACTION GIFT MATCH 2,200

HOYT LAKES FIRE DEPARTMENT

206 KENNEDY MEMORIAL DRIVE
HOYT LAKES,MN55750 		    FIREFIGHTER TURNOUT GEAR 3,500

HUBBARD COUNTY FOOD SHELF

308 PLEASANT AVE
PARK RAPIDS,MN56470 		    FOOD SHARE MONTH 500

ICAA DBA LIGHTS IN THE PINES

PO BOX 5191
GRAND RAPIDS,MN55744 		    LIGHT UP THE PINES 5,000

INDIGENOUS HEALTHCARE CAREER EXPLORATION CAMP

2101 14TH STREET
CLOQUET,MI55720 		    CAREER EXPLORATION CAMP 2,000

INTERNATIONAL FALLS HUNGER COALITION

1000 5TH STREET
INTERNATIONAL FALLS,MN56649 		    MARCH FOOD SHARE MONTH 1,500

ITASCA COUNTY FAMILY YMCA

400 RIVER ROAD
GRAND RAPIDS,MN55744 		    CHILDCARE ASSISTANCE 2,000

ITASCA COUNTY HISTORICAL SOCIETY

201 NORTH POKEGAMA AVENUE
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL TEAM GRANT 500

ITASCA DRIFTSKIPPERS SNOWMOBILE CLUB

33455 WAGON WHEEL COURT ROAD
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL TEAM GRANT 500

ITASCA DRIFTSKIPPERS SNOWMOBILE CLUB

33455 WAGON WHEEL COURT ROAD
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL TEAM GRANT 500

KOOTASCA COMMUNITY ACTION

201 NW 4TH STREET SUITE 130
GRAND RAPIDS,MN55744 		    CHILDHOOD EDUCATION HUB PLAYGROUND 10,000

LAKE SUPERIOR WARRIORS (DISABLED HOCKEY)

362 IKOLA RD
ESKO,MN55733 		    OPERATING EXPENSES AND TEAM JERSEYS 2,000

LAKES AREA FOOD SHELF

29316 PATRIOT AVE
PEQUOT LAKES,MN56472 		    FOOD SHARE MONTH 500

LAKES AREA UNITED WAY

PO BOX 381
BRAINERD,MN56401 		    CAMPAIGN CONTRIBUTION 3,500

LIFE HOUSE

102 WEST FIRST STREET
DULUTH,MN55802 		    POSITIVELY POWERFUL TEAM GRANTS 500

LIFE HOUSE INC

102 WEST FIRST STREET
DULUTH,MN55802 		    POSITIVELY POWERFUL TEAM GRANT 500

LITTLE FALLS COMMUNITY HIGH SCHOOL

1001 5TH AVE SE
LITTLE FALLS,MN56345 		    DAY OF CARING 500

LITTLE FALLS COMMUNITY HIGH SCHOOL

1001 5TH AVE SE
LITTLE FALLS,MN56345 		    POSITIVELY POWERFUL TEAM GRANT 500

LONG PRAIRIE FOOD SHELF

PO BOX 165
LONG PRAIRIE,MN56347 		    FOOD SHARE MONTH 500

LONG PRAIRIE-GREY EAGLE ELEMENTARY SCHOOL

205 2ND ST SOUTH
LONG PRAIRIE,MN56347 		    BAND IS "INSTRUMENTAL" 2,000

LOON COUNTRY QUILTERS

PO BOX 6053
GRAND RAPIDS,MN55744 		    QUILTS FOR NON-PROFIT ORGANIZATIONS 1,000

MARINER ROBOTICS TEAM 3267 WILLIAM KELLEY SECOND

137 BANKS BLVD
SILVER BAY,MN55614 		    2023 SEASON SPONSORSHIP 1,000

MARSHALL SCHOOL

1215 RICE LAKE RD
DULUTH,MN55811 		    POSITIVELY POWERFUL TEAM GRANT 500

M-CLUB (WILLIAM KELLEY ATHLETICS)

137 BANKS BLVD
SILVER BAY,MN55614 		    WILLIAM KELLEY SCHOOL MARINERS FOOTBALL HELMET PURCHASE 500

MENAHGA FOOD SHELF

120 1ST STREET NE
MENAHGA,MN56484 		    FOOD SHARE MONTH 500

MESABI EAST HIGH SCHOOL CHEERLEADING

601 N 1ST ST W
AURORA,MN55705 		    MESABI EAST CHEER TEAM GROWTH 2,603

MESABI EAST SCHOOLS ISD #2711

601 N 1ST ST W
AURORA,MN55705 		    SHIPPAR COMMUNITY LEADERSHIP AWARD 1,000

MESABI EAST VOLLEYBALL BOOSTERS

PO BOX 48
BIWABIK,MN55708 		    POSITIVELY POWERFUL TEAM GRANT 500

MESABI FIT COALITION

303 CHESTNUT STREET
VIRGINIA,MN55792 		    24/7 FITNESS AND WELLNESS CENTER 45,000

MINNESOTA DISCOVERY CENTER

1005 DISCOVERY DRIVE
CHISHOLM,MN55719 		    SCIENCE & ENGINEERING FESTIVAL 10,000

MINNESOTA NORTH ELM PROGRAM

1515 EAST 25TH STREET
HIBBING,MN55746 		    ELECTRICAL MAINTENANCE PROGRAM BUILD OUT 5,000

MINNESOTA WARRIORS HOCKEY

1413 THOMPSON AVENUE SUITE 3
SOUTH ST PAUL,MN55075 		    HOCKEY TEAM SUPPORT 750

MOOSE LAKE AREA FIRE PROTECTION DISTRICT

600 HWY 73
MOOSE LAKE,MN55767 		    EMERGENCY EQUIPMENT 2,000

MORRISON COUNTY FOOD SHELF

912 1ST AVE SW
LITTLE FALLS,MN56345 		    FOOD SHARE MONTH 500

MORRISON COUNTY UNITED WAY

116 8TH AVE SE STE 158
LITTLE FALLS,MN56345 		    CAMPAIGN CONTRIBUTION 10,000

MOTLEY AREA FOOD SHELF

697 THIRD AVE S
MOTLEY,MN56466 		    FOOD SHARE MONTH 500

NATIONAL MS SOCIETY

2829 UNIVERSITY AVE SE SUITE 900
MINNEAPOLIS,MN55414 		    MS RIDE ACROSS MINNESOTA 2023 500

NEIGHBORS HELPING NEIGHBORS

301 CENTRAL AVENUE
NASHWAUK,MN55769 		    MARCH FOOD SHARE MONTH 1,000

NEVIS BASKETBALL BOOSTERS INC

PO BOX 241
NEVIS,MN56467 		    PROGRAM SUPPORT 500

NORMANNA VOLUNTEER FIRE DEPARTMENT

6472 FRENCH RIVER ROAD
DULUTH,MN55804 		    ELECTRIC VEHICLE EMERGENCY PLUG 1,000

NORTHERN EXPRESSIONS ARTS COLLECTIVE

3403 RESTORMEL STREET
DULUTH,MN55806 		    COMMUNITY CONNECTION INITIATIVE 1,000

NORTHERN LAKES RESCUE

PO BOX 782
PEQUOT LAKES,MN56472 		    POSITIVELY POWERFUL TEAM GRANT 500

NORTHWOOD SCHOOL ARCHERY PROGRAM (NASP)

10248 E OLSON RD
COOK,MN55723 		    EQUIPMENT FUNDRAISER 1,000

PIERZ FOOD SHELF

224 MAIN ST S
PIERZ,MN56364 		    FOOD SHARE MONTH 500

PIERZ YOUTH BASEBALL CLUB

PO BOX 142
PIERZ,MN56364 		    NEW CONCESSION STAND 3,000

PINE RIVER AREA FOOD SHELF

PO BOX 1
PINE RIVER,MN56474 		    FOOD SHARE MONTH 500

PINE RIVER-BACKUS FAMILY CENTER

PO BOX 1
PINE RIVER,MN56474 		    POSITIVELY POWERFUL TEAM GRANT 500

PROCTOR FOOD SHELF

100 PIONK DRIVE
PROCTOR,MN55810 		    MARCH FOOD SHARE MONTH 750

PROGRAM FOR AID TO VICTIMS OF SEXUAL ASSAULT-PAVSA

32 EAST 1ST STREET SUITE 200
DULUTH,MN55802 		    SHIPPAR COMMUNITY LEADERSHIP AWARD 1,500

QUAD CITY FOOD SHELF

8367 ENTERPRISE DRIVE NORTH
MOUNTAIN IRON,MN55768 		    MARCH FOOD SHARE MONTH 2,500

RAILS ENDOWMENT FOR ACADEMIC ART AND ATHLETIC DEV

131 9TH AVE
PROCTOR,MN55810 		    DOLLY PARTON'S IMAGINATION LIBRARY 1,320

RAILS JUNIOR FOOTBALL

131 NORTH 9TH AVE
PROCTOR,MN55810 		    RAILS JUNIOR FOOTBALL SHOULDER PAD REPLACEMENT 500

RANGE ENGINEERING COUNCIL (REC)

PO BOX 52
HIBBING,MN55746 		    POSITIVELY POWERFUL TEAM GRANT 500

RICE AREA FOOD SHELF

PO BOX 334
RICE,MN56367 		    FOOD SHARE MONTH 500

RIPSAW ROBOTICS

1000 18TH STREET
CLOQUET,MN55720 		    ROBOTICS TEAM 500

SALVATION ARMY - CLOQUET

316 CARLTON AVE CLOQUET MN 55800
CLOQUET,MN55720 		    MARCH FOOD SHARE MONTH 750

SEBEKA AREA FOOD SHELF

100 JEFFERSON AVE S
SEBEKA,MN56477 		    FOOD SHARE MONTH 500

SECOND HARVEST NORTH CENTRAL FOOD BANK

2222 CROMELL DRIVE
GRAND RAPIDS,MN55744 		    MARCH FOOD SHARE MONTH 1,000

SECOND HARVEST NORTH CENTRAL FOOD BANK INC

2222 CROMELL DRIVE
GRAND RAPIDS,MN55744 		    2023/2024 CHILD HUNGER PROGRAM 3,500

SECOND HARVEST NORTH CENTRAL FOOD BANK INC

2222 CROMELL DRIVE
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL TEAM GRANT 500

SECOND HARVEST NORTHERN LAKES FOOD BANK

4503 AIRPARK BOULEVARD
DULUTH,MN55811 		    POSITIVELY POWERFUL TEAM GRANTS 500

SILVER BAY BLUE LINE CLUB

PO BOX 147
SILVER BAY,MN55614 		    SILVER BAY OUTDOOR RECREATION AREA 25,000

SILVER BAY PUBLIC LIBRARY

9 DAVIS DRIVE
SILVER BAY,MN55614 		    LIBRARY RENOVATION AND EXPANSION PROJECT 10,000

SMART NORTH

310 E 38TH STREET 311
MINNEAPOLIS,MN55409 		    DEER RIVER COMMUNITY TECH HUB 30,000

SOUTH AITKIN FIRST RESPONDERS

PO BOX 262
AITKIN,MN56431 		    CPR CLASS AED TRAINER PROCUREMENT 1,000

SPECIAL OLYMPICS MINNESOTA

900 2ND AVENUE SOUTH STE 300
MINNEAPOLIS,MN55402 		    POSITIVELY POWERFUL TEAM GRANT 500

STARBASE MINNESOTA-DULUTH

4680 VIPER STREET
DULUTH,MN55811 		    TOPOGRAPHIC SANDBOX 9,000

SUBZERO ROBOTICS

PO BOX 10 2 HWY 61 EAST
ESKO,MN55733 		    2023 FIRST ROBOTICS SEASON 1,000

SUPERIOR AREA LACROSSE

817 N 20TH STREET
SUPERIOR,WI54880 		    POSITIVELY POWERFUL TEAM GRANT 500

SUPERIOR HIKING TRAIL ASSOCIATION

618 1ST AVE SUITE 2
TWO HARBORS,MN55616 		    TRAIL MAINTENANCE 2,000

SUPERIOR HIKING TRAIL ASSOCIATION

618 1ST AVE SUITE 2
TWO HARBORS,MN55616 		    POSITIVELY POWERFUL TEAM GRANT 500

THE MARSHALL SCHOOL ROBOTICS

1215 RICE LAKE RD
DULUTH,MN55811 		    ROBOTICS COMPETITION 1,000

THE SALVATION ARMY

215 SOUTH 27TH AVE W
DULUTH,MN55816 		    MARCH FOOD SHARE MONTH 750

THE SALVATION ARMY

215 SOUTH 27TH AVE W
DULUTH,MN55816 		    POSITIVELY POWERFUL TEAM GRANT 500

TOWER FOOD SHELF

414 MAIN ST
TOWER,MN55790 		    MARCH FOOD SHARE MONTH 1,500

TWO HARBORS AGATES YOUTH FOOTBALL

1640 COUNTY HWY 2
TWO HARBORS,MN55616 		    EQUIPMENT - HELMETS 500

TWO HARBORS AREA FOOD SHELF

2124 10TH STREET
TWO HARBORS,MN55616 		    MARCH FOOD SHARE MONTH 750

UMD ROBOTICS

1023 UNIVERSITY DRIVE
DULUTH,MN55812 		    AUTONOMOUS ROBOTIC CART 1,000

UNITED WAY OF 1000 LAKES

350 NW 1ST AVE SUITE A
GRAND RAPIDS,MN55744 		    CAMPAIGN CONTRIBUTION 41,000

UNITED WAY OF CARLTON COUNTY

902 HWY 33 SOUTH
CLOQUET,MN55720 		    ANNUAL CAMPAIGN 16,000

UNITED WAY OF NORTHEASTERN MINNESOTA

608 EAST DRIVE
CHISHOLM,MN55719 		    VETERAN HOLIDAY MEALS 500

UNITED WAY OF NORTHEASTERN MINNESOTA

608 EAST DRIVE
CHISHOLM,MN55719 		    CAMPAIGN CONTRIBUTION 30,000

UNIVERSITY OF MINNESOTA DULUTH

1049 UNIVERSITY DRIVE
DULUTH,MN55812 		    ENGINEERING SCHOLARSHIPS 10,000

VERNDALE PTA

411 SW BROWN STREET
VERNDALE,MN56481 		    PIRATE PLAYGROUND 20,000

WALKER AREA FOOD SHELF

8243 INDUSTRIAL PARK RD NW
WALKER,MN56484 		    FOOD SHARE MONTH 500

WEST DULUTH AMERICAN LEGION POST #71

DULUTH HONOR GUARD
DULUTH,MN55807 		    RICE LAKE VETERAN MEMORIAL PARK 10,000

WESTERN LAKE SUPERIOR HABITAT FOR HUMANITY

PO BOX 161248
DULUTH,MN55816 		    HOME ADAPTATIONS FOR SAFETY AND ACCESSIBILITY 10,000

WILDWOODS

4009 W ARROWHEAD RD
DULUTH,MN55811 		    ENHANCING THE REHABILITATION OF WILDLIFE 2,000

WILDWOODS WILDLIFE REHABILITATION

4009 W ARROWHEAD ROAD
DULUTH,MN55811 		    POSITIVELY POWERFUL TEAM GRANT 500

WOLVERINES BLUE LINE CLUB

504 4TH ST N
BIWABIK,MN55708 		    CORPORATE SPONSORSHIP 2,602

YMCA - SUPERIOR DOUGLAS COUNTY

9 NORTH 21ST ST
SUPERIOR,WI54880 		    POSITIVELY POWERFUL TEAM GRANT 500

YWCA DULUTH

32 E 1ST ST STE 202
DULUTH,MN55802 		    POSITIVELY POWERFUL TEAM GRANT 500
Total .................................right arrow 3a 797,200
bApproved for future payment

POSITIVELY POWERFUL SCHOLARSHIP FUND
30 WEST SUPERIOR STREET
DULUTH,MN55802 		    SCHOLARSHIPS 52,000

UNITED WAY
608 EAST DRIVE
CHISHOLM,MN55719 		    VARIOUS AREAS 200,000

FEEDING OUR COMMUNITIES
2120 HOWARD DRIVE WEST SUITE J
NORTH MANKATO,MN56003 		    MISC AWARDS 20,000
Total ................................. right arrow 3b 272,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 40,757  
4 Dividends and interest from securities ....          
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 ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 40,757 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
40,757
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

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

56-2560595
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
MINNESOTA POWER FOUNDATION
  		Employer identification number
56-2560595
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
ALLETE INC
 
30 WEST SUPERIOR STREET
 
DULUTH, MN55802

$ 750,000


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

$  


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

$  


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

$  


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

$  


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

$  


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

56-2560595
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
MINNESOTA POWER FOUNDATION
  		Employer identification number

56-2560595
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 ExplnOfNonFilingWithAGStmt
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Statement:
EXEMPT FROM REPORTING TO MN PER MN STATUTE 309.515(F)

TY 2023 OtherExpensesSchedule
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 2,749 0   2,749
MEMBERSHIP DUES - ORGANIZATION 3,000 0   3,000
OUTSIDE COMPUTER SERVICES 8,180 0   8,180
OUTSIDE ADMINISTRATOR 0 0   0
BANK FEES 969 969   0


TY 2023 OtherIncreasesSchedule
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Description Amount
DECREASE IN GRANTS PAYABLE & ACCRUED EXPENSES 197,545


TY 2023 OtherLiabilitiesSchedule
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Description Beginning of Year - Book Value End of Year - Book Value
LONG TERM GRANTS 0 50,000


TY 2023 SubstantialContributorsSch
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Name Address
ALLETE INC
  		30 WEST SUPERIOR STREET
DULUTH,MN55802


TY 2023 TaxesSchedule
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX BASED ON INVESTMENT INCOME 615 615   0