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
The Wellmark Foundation
 
% CHRISTA KUENNEN
Number and street (or P.O. box number if mail is not delivered to street address)1331 Grand Avenue Station 4W526
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Des Moines, IA50309
A Employer identification number

42-1368650
B Telephone number (see instructions)

(515) 376-5066
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$74,300,021J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,565,405 1,565,405  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,100,936
b Gross sales price for all assets on line 6a 9,001,852
7 Capital gain net income (from Part IV, line 2)... 1,521,861
8 Net short-term capital gain.........  
9 Income modifications........... 270
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
4,104,551 1,005,430  
12 Total. Add lines 1 through 11........ 6,770,892 4,092,696 270
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 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).... Click to see attachment
List of Attached Documents:
// Content
29,505     29,505
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
150,600 0    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,026     2,026
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
626,298 134,247   492,051
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 808,429 134,247   523,582
25 Contributions, gifts, grants paid....... 3,385,868 3,507,966
26 Total expenses and disbursements. Add lines 24 and 25 4,194,297 134,247   4,031,548
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,576,595
b Net investment income (if negative, enter -0-) 3,958,449
c Adjusted net income (if negative, enter -0-)... 270
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............. 209,286 279,628 279,628
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 68,506,206 Click to see attachment
List of Attached Documents:
// Content
74,004,586 		74,004,586
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
29,868 		Click to see attachment
List of Attached Documents:
// Content
15,807 		Click to see attachment
List of Attached Documents:
// Content
15,807
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 68,745,360 74,300,021 74,300,021
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 458,405 336,307
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
29,502 		Click to see attachment
List of Attached Documents:
// Content
65,442
23 Total liabilities (add lines 17 through 22)......... 487,907 401,749
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........... 68,257,453 73,898,272
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)..... 68,257,453 73,898,272
30 Total liabilities and net assets/fund balances (see instructions). 68,745,360 74,300,021
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
68,257,453
2
Enter amount from Part I, line 27a .....................
2
2,576,595
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,064,224
4
Add lines 1, 2, and 3 ..........................
4
73,898,272
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
73,898,272
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 GLOBAL ASSET MANAGEMENT STRATEGIES      
b GLOBAL ASSET MANAGEMENT STRATEGIES      
c INDEPENDENT FRANCHISE PARTNERS      
d INDEPENDENT FRANCHISE PARTNERS      
e WELLINGTON TRUST COMPANY, NA      
WELLINGTON TRUST COMPANY, NA      
AUDAX DIRECT LENDING SOLUTIONS FUND II-D, L.P.      
AUDAX DIRECT LENDING SOLUTIONS FUND II-D, L.P.      
DAVIDSON KEMPNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL V      
NET REALIZED G/(L) FROM OPEN-END FUNDS      
(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       2,947
b       -68,808
c       137,099
d       595,241
e       -150,113
      -92,336
      348
      50
      -3,503
      1,100,936
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 1,521,861
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 55,022
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  
3 Add lines 1 and 2........................... 3 55,022
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 55,022
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 96,140
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 96,140
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 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 41,118
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow41,118 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? Click to see list of attachments
List of Attached Documents:
// Content
....................
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 changesClick to see list of attachments
List of Attached Documents:
// Content
....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
List of Attached Documents:
// Content
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 arrowIA
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 arrowCHRISTA KUENNEN Telephone no.right arrow (515) 376-5066

Located atright arrow1331 GRAND AVENUE STATION 4W526DES MOINESIA ZIP+4right arrow503092901
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
No
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
Kris DeGraff Director (4/24 - 12/31)
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Mary Beth Hart Director (4/24 - 12/31)
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Cammy Jenkins Director (4/24 - 12/31)
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Jennifer Mentele Director (4/24 - 12/31)
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Laura Jackson Chairperson
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Christa D Kuennen Treasurer
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Scott A Sundstrom Secretary
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Sherwin Robinson Director (4/24 - 12/31)
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Thomas M Cink MD Director (1/1 - 4/24)
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
John D Forsyth Director (1/1 - 4/24)
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Izaah Knox Director (1/1 - 4/24)
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Thomas M McMahon Director (1/1 - 4/24)
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
Chris G Atchison Director (1/1 - 4/24)
1.0 		0 0 0
1331 Grand Avenue Station 4W526
Des Moines,IA50309
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
 
Total number of other employees paid over $50,000...................right arrow  
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
WELLINGTON GLOBAL SELECT CAPITAL INVESTMENT SERVICES 108,652
280 CONGRESS STREET
BOSTON,MA02210
Total number of others receiving over $50,000 for professional services.............right arrow  
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 NONE  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
71,666,160
b
Average of monthly cash balances.......................
1b
79,204
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
71,745,364
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
71,745,364
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,076,180
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
70,669,184
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,533,459
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
3,533,459
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
55,022
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
4,960
c
Add lines 2a and 2b............................
2c
59,982
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,473,477
4
Recoveries of amounts treated as qualifying distributions................
4
270
5
Add lines 3 and 4............................
5
3,473,747
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,473,747
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
4,031,548
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
4,031,548
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 3,473,747
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:2021, 2020, 2019 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 52,789
b From 2019...... 439,693
c From 2020...... 381,324
d From 2021...... 0
e From 2022...... 841,727
f Total of lines 3a through e ........ 1,715,533
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 4,031,548
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 3,473,747
e Remaining amount distributed out of corpus 557,801
5 Excess distributions carryover applied to 2023.    
(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 2,273,334
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...... 		 
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		52,789
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,220,545
10 Analysis of line 9:
a Excess from 2019.... 439,693
b Excess from 2020.... 381,324
c Excess from 2021.... 0
d Excess from 2022.... 841,727
e Excess from 2023.... 557,801
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).)
NONE
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.
NONE
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:
THE WELLMARK FOUNDATION
1331 GRAND AVENUE
DES MOINES,IA50309
(515) 376-6420
bThe form in which applications should be submitted and information and materials they should include:
SEE ATTACHMENT 1
cAny submission deadlines:
SEE ATTACHMENT 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE ATTACHMENT 1
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

BLUES CARE GIVING CONTRIBUTIONS

1331 GRAND AVENUE STATION 4W526
DES MOINES,IA50309 		  PC SEE ATTACHMENT 2 1,158,051

BLACK HAWK COUNTY PUBLIC HEALTH

1407 INDEPENDENCE AVE
WATERLOO,IA50703 		NONE GOV THIS PROJECT PROVIDES A SUSTAINABLE PATH TO COMMUNITY GARDENS FOR IMMIGRANT AND FOOD-INSECURE POPULATIONS. IT BUILDS ON THE SUCCESS OF THE HIGHLAND PARK COMMUNITY GARDEN (HPCG), ESTABLISHED IN APRIL 2023 THROUGH SEED FUNDING AND PARTNERSHIPS WITH THE CITY OF WATERLOO, UNI, HIGHLAND NEIGHBORHOOD ASSOCIATION, AND IMMIGRANT COMMUNITIES FROM THE DEMOCRATIC REPUBLIC OF CONGO, MEXICO, GUATEMALA, LIBERIA, AND MYANMAR. THE MODEL WILL BE REPLICATED AT A SECOND GARDEN WITH ADAPTIONS MADE BASED ON COMMUNITY NEEDS. AN INCUBATOR FARM TIMELINE AND PROGRAM WILL BE IMPLEMENTED FOR INDIVIDUALS WHO WISH TO BECOME PRODUCERS. 50,000

BOYS AND GIRLS CLUB OF AMERICA

1421 WALKER STREET
DES MOINES,IA50316 		NONE PC NATIONAL PARTNERSHIP BETWEEN BLUE CROSS BLUE SHIELD ASSOCIATION AND THE BOYS AND GIRLS CLUBS OF AMERICA TO SUPPORT TRAUMA-INFORMED CARE. 200,000

CAPITAL AREA COUNSELING SERVICES INC

110 S REE STREET
PIERRE,SD57501 		NONE PC BGCCA IS REQUESTING FUNDS FOR A MULTI-PURPOSE FLOOR AND EQUIPMENT IN THE CLUB GYM. THE EQUIPMENT INCLUDES: A CURTAIN TO SPLIT THE GYM INTO TWO SMALLER GYMS ALLOWING MORE TO SAFELY PARTICIPATE; A MULTI-PURPOSE SCOREBOARD FOR VARIOUS ACTIVITIES (BASKETBALL, SOCCER, VOLLEYBALL AND WRESTLING); TWO VOLLEYBALL NET SYSTEMS; TWO BASKETBALL HOOPS; "ROCK" CLIMBING PANELS; AND LOCKING WALL-MATS FOR ADDITIONAL SAFETY. 100,000

CITY OF ATLANTIC

23 E 4TH STREET
ATLANTIC,IA50022 		NONE GOV THIS PROJECT WILL INCREASE ACCESS TO HEALTHY FOODS AT MOLLETT PARK BY EXPANDING EDIBLE LANDSCAPING, COMMUNITY GARDENS, AND RELATED FACILITIES AND PROVIDING MORE EDUCATIONAL SIGNAGE AND OTHER EDUCATION OPPORTUNITIES. THE PROJECT WILL REPAIR AND INCREASE THE NUMBER OF RAISED COMMUNITY GARDEN BEDS, PROVIDE FOR MORE FRUIT AND OTHER EDIBLE PRODUCE, AND INSTALL A PRODUCE SHARING STAND AS WELL AS ADDITIONAL SIGNAGE ON GROWING, HARVESTING, AND CONSUMING PRODUCE. 13,952

CITY OF CEDAR RAPIDS

500 15TH AVE SW
CEDAR RAPIDS,IA52404 		NONE GOV THE PROPOSED TRAIL INCLUDES A NEW 1,000 FOOT OF TWELVE-FOOT-WIDE TRAIL FROM 7TH STREET SE TO 9TH STREET SE. IT CONNECTS AN EXISTING TRAIL AT 7TH STREET SE TO A FULLY FUNDED TRAIL FROM 9TH STREET TO THE CEDAR RIVER. THIS TRAIL SEGMENT IS THE FINAL LINK BETWEEN CEDAR LAKE AND THE CEDAR RIVER CROSSING THROUGH THE HEART OF DOWNTOWN CEDAR RAPIDS. THIS TRAIL IS PART OF THE CEDAR VALLEY NATURE TRAIL, A COMPONENT OF THE GREAT AMERICAN RAIL-TRAIL AND AMERICAN DISCOVERY TRAIL SYSTEM. THIS TRAIL IS A LARGE COMPONENT OF THE ONGOING DOWNTOWN FLOOD RECOVERY EFFORT FROM THE 2008 AND 2016 FLOODS. 100,000

CITY OF FLANDREAU

1005 W ELM AVENUE
FLANDREAU,SD57028 		NONE GOV THE CITY OF FLANDREAU WISHES TO REMOVE SOME EXISTING PLAYGROUND EQUIPMENT THAT NO LONGER PROVIDES A SAFE ENVIRONMENT FOR THE COMMUNITY MEMBERS OF FLANDREAU TO UTILIZE. THE EXISTING JUNGLE GYM HAS EXPERIENCED AGING FROM THE PASSAGE OF TIME AND FROM THE USE OF THE COMMUNITY. THE CITY PLANS TO REPLACE THE EXISTING PLAYGROUND EQUIPMENT WITH A PLAY SYSTEM THAT WILL PROVIDE A SAFE STRUCTURE, AS WELL AS A STRUCTURE THAT IS HANDICAPPED ACCESSIBLE. THE EQUIPMENT WILL INCLUDE FEATURES FOR ALL AGE GROUPS OF YOUTH. 38,000

CITY OF LOGAN

108 W 4TH ST
LOGAN,IA51546 		NONE GOV THE PROJECT, WHICH WE'RE NAMING SAFE ROUTES TO SCHOOL & RECREATIONAL TRAILS-PHASE 01, IS THE INITIAL PHASE OF IMPLEMENTATION FOR LOGAN'S FIRST-EVER CITY-WIDE TRAIL SYSTEM. THIS PHASE OF IMPLEMENTATION INTENDS TO ADDRESS THE MOST SIGNIFICANT COMMUNITY CONCERN REGARDING PEDESTRIAN MOVEMENT IN LOGAN, WHICH IS THE LACK OF CONNECTIVITY BETWEEN THE MAJORITY OF LOGAN RESIDENTS AND THE LOGAN-MAGNOLIA COMMUNITY SCHOOL DISTRICT (LO-MA CSD), WHICH IS LOCATED ON THE NORTHERN EDGE OF TOWN. PHASE 01 WILL ALSO BEGIN PAVING THE WAY TO ENGAGE IN MORE ACTIVE LIVING IN LOGAN FOR ALL AGE GROUPS. THE PLAN FOR THIS PHASE OF FINAL DESIGN AND CONSTRUCTION INCLUDES ESTABLISHING A 10' WIDE CONCRETE TRAIL FROM MAINSTREAM LOGAN TO LO-MA CSD WHILE ALSO PROVIDING A SAFE CROSSING ON HEAVILY-TRAFFICKED HWY 127, WHICH CURRENTLY SERVES AS A MAJOR DIVIDER BETWEEN THE EAST AND WEST SIDES OF LOGAN. 100,000

CITY OF MALVERN

100 W 5TH STREET
PO BOX 550
MALVERN,IA51551 		NONE GOV THIS PROJECT IS A DUAL-PURPOSE TRAIL, THAT WILL SERVE AS A SAFE ROUTE TO SCHOOL AND A COMMUNITY TRAIL CONNECTOR BACK TO THE WABASH TRACE NATURE TRAIL. AN 8-FOOT-WIDE TRAIL WILL BE PAVED FROM W. 9TH STREET WHERE A NEW LOW TO MODERATE INCOME HOUSING DEVELOPMENT AND CHILDCARE CENTER ARE CURRENTLY BEING DEVELOPED. THE TRAIL WILL CROSS THE MAIN STREET HIGHWAY AT A SAFER POINT THAN STUDENTS CURRENTLY CROSS AND WILL FUNNEL KIDS UP TO MARION AVE, A WIDE TREE LINED STREET WITH A MORE APPROPRIATE SPEED LIMIT AND A NEWLY CONSTRUCTED BRIDGE OVER BNSF RAILROAD WITH AN ENHANCED PEDESTRIAN CROSSING. 100,000

CITY OF MARSHALLTOWN

24 N CENTER ST
MARSHALLTOWN,IA50158 		NONE GOV THE WATER PLAZA IS A UNIQUE INTERACTIVE WATER FEATURE AND GATHERING PLACE, DEVELOPED FROM AN EXTENSIVE COMMUNITY ENGAGEMENT PROCESS THAT SEEKS TO SERVE OUR CULTURALLY DIVERSE COMMUNITY AND PROVIDE AN ASSET FOR ALL AGES AND DEMOGRAPHICS. A PLAZA IS THE PHYSICAL SETTING OF AN ACCESSIBLE, PEDESTRIAN-FOCUSED SPACE THAT FOSTERS SOCIAL CONNECTIONS. POPULATING A PLAZA WITH ART ACTIVATIONS, CULTURAL EVENTS, AND OPPORTUNITIES FOR JOY AND PLAY IS KEY TO ITS SUCCESS. THE WATER PLAZA IS LOCATED IN THE HEART OF THE LINN CREEK DISTRICT, WHICH IS HOME TO MEGA-10 PARK, THE MARSHALLTOWN SOFTBALL COMPLEX, THE LINN CREEK TRAIL, MARSHALLTOWN FAMILY AQUATIC CENTER, SKATE PARK, THE FUTURE TRAILHEAD FOR THE IOWA RIVER'S EDGE TRAIL (34 MILES FROM MARSHALLTOWN TO STEAMBOAT ROCK), AND THE MARSHALLTOWN YMCA. THIS RECREATIONAL HUB IS A UNIQUE ASSET IN MARSHALLTOWN SERVING A DESTINATION FOR RESIDENTS AND VISITORS ALIKE. 100,000

CITY OF NEWTON

101 W 4TH STREET S
NEWTON,IA50208 		NONE GOV THE PROJECT PROPOSES TO CONSTRUCT FOUR NEW, STAND ALONE PICKLEBALL COURTS AT AURORA PARK IN NEWTON, IOWA. NEWTON IS HOME TO AN AVID GROUP OF PICKLE-BALLERS, WHO ENJOY PLAYING THE SPORT DAILY. CURRENT PICKLEBALL AMENITIES ARE PROVIDED USING TWO RE-PURPOSED TENNIS COURTS IN AURORA PARK. THE CURRENT COURTS ARE DUAL USE PICKLEBALL AND TENNIS COURTS. THIS PROJECT WILL CONSTRUCT THE CITY'S FIRST STAND-ALONE PICKLEBALL COURTS IN THE PARK SYSTEM. THE NEW PICKLEBALL COURTS WILL PROVIDE A SAFE ENVIRONMENT FOR USERS AND ENHANCE THE PLAYER EXPERIENCE WITH COURT LIGHTING AND FENCING. THE PROPOSED PROJECT WILL INCREASE COURT CAPACITY FOR PICKLEBALL AND TENNIS PLAYERS ALIKE. 100,000

CITY OF PEOSTA

PO BOX 65
PEOSTA,IA52068 		NONE GOV KELLY OAKS PARK ENCOMPASSES 17 ACRES OF THE NORTHEAST PORTION OF PEOSTA WITH A DISC GOLF COURSE BEING THE CURRENT PRIMARY FEATURE OF THIS MOSTLY UNDEVELOPED PARKLAND. THE CITY INTENDS TO EXPAND THE PARK'S AMENITIES TO CREATE A PROMINENT PUBLIC SPACE, OR CENTRAL PARK WHERE ALL RESIDENTS WILL HAVE AN OPPORTUNITY TO GET OUT AND BE PHYSICALLY ACTIVE IN A SAFE ENVIRONMENT. THE NEXT STEP IN THIS PROCESS IS ADDING A 3,000 FOOT SHARED-USE, PAVED ADA ACCESSIBLE TRAIL PATH WITH LIGHTING AND ELECTRICAL THAT WILL LOOP AROUND THE ENTIRE PARK AND CONNECT TO NEARBY SIDEWALKS. MANY STREETS IN PEOSTA DO NOT HAVE SIDEWALKS, HAVE MINIMAL STREET LIGHTING AT NIGHT, AND THERE ARE NO EXISTING TRAILS. THE PARK'S SHARED-USE PATH IS KEY TO IMPROVING THE AMOUNT OF WALKING, BIKING, AND OTHER OUTDOOR ACTIVITIES RESIDENTS AND VISITORS CAN SAFELY ENGAGE IN. 100,000

COMMUNITY CRISIS SERVICES

1121 S GILBERT COURT
IOWA CITY,IA52240 		NONE PC TO PURCHASE A SPECIALIZED VEHICLE (THE FARMERS' TRUCK) FOR THE MOBILE PANTRY. THIS ONE-TIME PURCHASE WILL HAVE A LONG-TERM, POSITIVE IMPACT, INCLUDING DISTRIBUTING HEALTHY FOODS TO 45,360 DISADVANTAGED JOHNSON COUNTY, IA, RESIDENTS WITHIN A 10-YEAR SPAN. THIS GRANT WILL HELP KICK-OFF FUNDRAISING EFFORTS FOR THE SPECIALIZED VEHICLE. THE END-RESULT WILL BE A REDUCED RELIANCE ON VOLUNTEER HOURS WHILE ENHANCING EMPLOYEE AND VISITOR EXPERIENCE. EMPLOYEES WILL REQUIRE LESS PHYSICAL LABOR AND VISITORS WILL NO LONGER HAVE TO WAIT FOR STAFF AND VOLUNTEERS TO UNLOAD AND SET UP THE PANTRY. 50,000

DALLA TERRA RANCH FOUNDATION

PO BOX 116
EARLHAM,IA50072 		NONE PC IHF'S NEW FARMER PROGRAM PROVIDES PARTICIPANTS ACCESS TO THREE TO FIVE ACRES OF LAND FOR UP TO FIVE YEARS AT A LOCATION LESS THAN 30 MINUTES FROM DOWNTOWN DES MOINES, ALONG WITH BUSINESS DEVELOPMENT SUPPORT. THE FARMERS ARE REFUGEES AND IMMIGRANTS, WHO OFTEN FEEL OVERWHELMED BY THE DEMANDS OF INTEGRATION IN THEIR NEW HOME. FARMING IS A PLACE WHERE THEY CAN CONFIDENTLY EXERCISE EXISTING KNOWLEDGE AND SKILL WHILE RETAINING THEIR CULTURAL TRADITION. IN ORDER TO IMPROVE EFFICIENCY FOR THE FARMERS, IHF HAS IDENTIFIED SEVERAL NEEDS TO BE ADDRESSED BY THIS PROJECT. 1) GRAVELING OF DIRT TRANSPORTATION PATHS THAT CAN BE IMPASSABLE IN EARLY SPRING AND/OR AFTER HEAVY RAIN. 2) PURCHASE OF A GATOR/UTILITY WAGON TO IMPROVE EFFICIENCY AS FARMERS MOVE THEIR HARVEST TO COOLERS. 3) INSTALLING WATER ACCESS TO A SECTION OF THE FARM, IMPROVING EFFICIENCY AND ALLOWING FOR THE CREATION OF ADDITIONAL FIELDS TO THE NORTH. 50,000

DES MOINES AREA RELIGIOUS COUNCIL

100 ARMY POST ROAD
DES MOINES,IA50315 		NONE PC THE HEALTHIER NEW YEAR PROJECT WILL UTILIZE FUNDS TO PURCHASE FRESH PRODUCE FOR FOOD BOXES DURING OFF SEASON WHEN THE FRESH PRODUCE IS TYPICALLY MORE EXPENSIVE AND LESS AFFORDABLE FOR PANTRY VISITORS. EACH BOX WILL COME WITH A RECIPE THAT THE PANTRY VISITOR CAN USE TO CREATE A HEALTHY MEAL FOR THEMSELVES AND THEIR FAMILY. THIS PROJECT WILL SERVE ALL 15 PARTNER PANTRIES AND BOTH MOBILE UNITS. 50,000

DRAKE UNIVERSITY

2507 UNIVERSITY AVE
DES MONIES,IA50311 		NONE PC FUNDS WILL PROVIDE FINANCIAL SUPPORT FOR UP TO SIX (6) SCHOLARSHIPS FOR THE 2022-2024, 2023-2025 OR 2024-2026 PROGRAM COHORTS THAT WILL BE MADE AVAILABLE TO CURRENT EMPLOYEES (OR THE DEPENDENTS OF CURRENT EMPLOYEES) OF BROADLAWNS MEDICAL CENTER, MERCYONE DES MOINES, AND DES MOINES - UNITY POINT (EACH, A "DES MOINES PROVIDER SYSTEM") THAT HAVE WORKED THROUGHOUT THE PANDEMIC OR COMPLETED TEACH/TECH AT BROADLAWNS. 15,000

DUBUQUE COMMUNITY SCHOOL DISTRICT

555 NEVADA ST
DUBUQUE,IA52001 		NONE GOV THE LINCOLN OUTDOOR WELLNESS PROJECT (LOWP) IS A JOINT EFFORT OF THE LINCOLN ADMINISTRATION AND ITS PARENT/GUARDIAN GROUP, PALS. THE LINCOLN PLAYGROUND IS A HIGHLY UTILIZED NEIGHBORHOOD DESTINATION DURING AND AFTER SCHOOL HOURS. IT IS USED FOR RECESS AND PHYSICAL EDUCATION DURING THE DAY; FOR OUTDOOR ACTIVITIES BY AN ON-SITE BEFORE AND AFTER SCHOOL PROGRAM; AND AS A VERY POPULAR PUBLIC PLAYGROUND AFTER SCHOOL AND ON NON-SCHOOL DAYS. THIS PHASE OF THE PROJECT INCLUDES A COMPLETE SITE REDESIGN TO IMPROVE THE USE OF THE SPACE, REPLACING PLAY EQUIPMENT WITH GREATER ACCESSIBILITY AS A FOCUS, PROVIDING AT-GRADE SENSORY ACTIVITIES, ADDING A WALKING/JOGGING PATH, REMOVING UNNECESSARY PAVED SPACE, ELIMINATING REGULAR VEHICLE ACCESS AND INCREASING SHADE AROUND THE PLAY STRUCTURES. THESE COMPONENTS SUPPORT SAFETY FROM ACTIVITY CONFLICT AND SAFETY FROM VEHICLES. 98,597

EASTON VALLEY CSD

321 W SCHOOL ST
PRESTON,IA52069 		NONE GOV THE GREENHOUSE LEARNING LAB CENTER AIMS TO ADDRESS THE LACK OF HANDS-ON OPPORTUNITIES FOR PLANT SCIENCE STUDENTS IN THE CURRENT AGRICULTURE CLASSES AT EASTON VALLEY CSD. BY ESTABLISHING A GREENHOUSE, WE CAN PROVIDE PRACTICAL, HANDS-ON LEARNING EXPERIENCES FOR STUDENTS AND ALSO ADDRESS THE NEED FOR HEALTHIER FOOD OPTIONS BY CULTIVATING FRESH PRODUCE. ADDITIONALLY, THE GREENHOUSE WILL PROVIDE FRESH PRODUCE TO ALL STUDENTS ENROLLED AT EASTON VALLEY CSD. WITH THIS PROJECT, WE AIM TO ENHANCE THE LEARNING EXPERIENCE IN PLANT SCIENCE AND PROMOTE HEALTHY EATING HABITS. 50,000

EAT GREATER DES MOINES

501 SW 7TH STREET SUITE G
DES MOINES,IA50309 		NONE PC EAT GREATER DES MOINES (EGDM) PROVIDES FREE FOOD COLLECTION AND DELIVERY. INSTEAD OF GOOD FOOD BEING THROWN AWAY, EGDM CONNECTS IT TO THE HANDS OF HUNGRY PEOPLE. IN THE SUMMER OF 2022, EGDM LEASED WAREHOUSE SPACE AND PURCHASED COLD STORAGE EQUIPMENT TO INCREASE ORGANIZATIONAL CAPACITY FOR FOOD COLLECTION. THIS NEW SPACE WILL SIGNIFICANTLY INCREASE OUR ABILITY TO COLLECT AND PURCHASE BULK FOODS TO ADD HEALTHIER, FRESH AND CULTURALLY SPECIFIC FOODS TO THE EMERGENCY FOOD SYSTEM IN GREATER DES MOINES. IN ORDER TO CAPITALIZE ON AN EXPANDED CAPACITY FOR COLLECTION AND STORAGE, THE HEALTHY FOOD ACCESS FOR HEALTHIER HABITS PROJECT WOULD PROVIDE A REFRIGERATED CARGO VAN THAT WILL INCREASE THE ABILITY TO DELIVER FRESH FOOD TO MORE PEOPLE. 49,000

EAT WELL MOBILE MARKETSIOUX FALLS THRIVE

200 N CHERAPA PLACE
SIOUX FALLS,SD57103 		NONE PC LIMITED ACCESS TO GROCERY STORES, SUPERMARKETS, OR OTHER SOURCES OF HEALTHY AND AFFORDABLE FOOD CONSTRAINS THE ABILITY OF COMMUNITY RESIDENTS TO CONSUME A HEALTHY DIET. IN APRIL, THE SIOUX FALLS HEALTH DEPARTMENT AWARDED $250,000 OF A $400,000 GRANT TO A COMMUNITY COALITION SUPPORTED BY THRIVE TO FUND A TWO-YEAR PILOT OF THE EAT WELL SIOUX FALLS MOBILE MARKET. THE GRANT'S GOAL IS TO FIND INNOVATIVE WAYS TO IMPROVE RETAIL ACCESS TO HEALTHY FOOD OPTIONS IN SPECIFIED NEIGHBORHOODS IN SIOUX FALLS. THE COMMUNITY COALITION'S PROPOSAL WAS A GROCERY STORE ON A BUS. FUNDS WILL BE USED TO HELP UPGRADE THE ORIGINAL VEHICLE PROPOSAL. THE MOBILE MARKET ADVISORY BOARD HAS ACCEPTED A BID TO PURCHASE A FAR SUPERIOR OPTION FOR HOUSING THE MOBILE MARKET. OF COURSE, IT COMES WITH A HIGHER PRICE TAG THAT IS NOT FULLY COVERED BY THE ORIGINAL GRANT. 50,000

FIVE ISLAND TRAIL CORPORATION

505 WALLACE STREET
EMMETSBURGE,IA50536 		NONE PC IN PARTNERSHIP WITH THE CITY, PUBLIC SCHOOL, HOSPITAL, COMMUNITY COLLEGE, AND PRIVATE PROPERTY OWNERS, THE FIVE ISLAND TRAIL CORPORATION WILL DEVELOP A NEW 10' WIDE CONCRETE TRAIL, JUST UNDER ONE-HALF MILE IN LENGTH, LINKING THE EMMETSBURG MIDDLE SCHOOL/HIGH SCHOOL TO THE IOWA LAKES COMMUNITY COLLEGE EMMETSBURG CAMPUS. THIS PROJECT WILL PROVIDE A SAFE, OFF-STREET ROUTE FOR STUDENTS AND RESIDENTS TO WALK, RUN, BIKE, SKATE AND/OR TRAVEL BETWEEN THE MIDDLE/HIGH SCHOOL, HOSPITAL, AND COMMUNITY COLLEGE CAMPUS WHERE THE WELLNESS CENTER/POOL, SOON-TO-BE OUTDOOR FITNESS COURT, AND PUBLIC LIBRARY ARE LOCATED. 100,000

GAYVILLE-VOLIN SCHOOL DISTRICT

PO BOX 158
GAYVILLE,SD57031 		NONE GOV RAIDER PARK IS A 6 PHASE PROJECT THAT BEGAN OVER A YEAR AGO. PHASE 4 INCLUDES AN OUTDOOR WELLNESS AREA, LARGE MUSICAL INSTRUMENTS, AND A DISC GOLF FIELD. THE WELLNESS AREA WILL BE LOCATED NEAR OUR CURRENT INDOOR WELLNESS AREA. IT WILL ALLOW PEOPLE TO BE PHYSICALLY ACTIVE IN THE OUTDOORS AND WILL BE CRUCIAL IN THE EVENT OF ANOTHER PANDEMIC. THE EQUIPMENT WILL ALLOW PEOPLE WITH PHYSICAL DISABILITIES THE OPPORTUNITY TO USE WELLNESS EQUIPMENT WITHOUT HAVING TO LEAVE OUR COMMUNITY. THE MUSICAL INSTRUMENT AREA WILL BE LOCATED NEAR OUR SCHOOL DAYCARE AND WILL BE BENEFICIAL FOR THOSE REQUIRING SENSORY PLAY IN A NONRESTRICTIVE ENVIRONMENT. THE DISC GOLF COURSE WILL BE LOCATED THROUGHOUT THE ARBORETUM AND WILL PROVIDE A SAFE ENVIRONMENT FOR ALL COMMUNITY MEMBERS TO BE PHYSICALLY ACTIVE. AN EAGLE SCOUT CANDIDATE WILL BE PLACING BENCHES THROUGHOUT THE COURSE TO PROVIDE REST STATIONS. 50,000

HEALTHY BIRTH DAY

1820 NW 118TH STREET
CLIVE,IA50325 		NONE PC HEALTHY BIRTH DAY WILL HOLD THE "EMPOWERING MATERNAL AND RURAL HEALTH: BRIDGING THE GAP" SYMPOSIUM IN THE FALL OF 2023 TO BRING TOGETHER HEALTHCARE PROFESSIONALS, POLICYMAKERS, RESEARCHERS, AND COMMUNITY LEADERS TO DISCUSS AND ADDRESS THE UNIQUE CHALLENGES FACED BY MOTHERS AND INDIVIDUALS IN RURAL AREAS. THE CONFERENCE WILL PROVIDE A PLATFORM FOR SHARING KNOWLEDGE, EXPERIENCES, AND EVIDENCE-BASED BEST PRACTICES. 15,000

HORIZONS A FAMILY SERVICE ALLIANCE

PO BOX 667
CEDAR RAPIDS,IA52406 		NONE PC HORIZONS RECENTLY SOLD LAND LOCATED ACROSS THE STREET FROM THE MAIN OFFICE BUILDING. THIS LAND CONTAINED A PARKING LOT AND SEVERAL RAISED BED GARDENS. OVER THE YEARS, THE RAISED BEDS HAVE PROVIDED FRESH PRODUCE DELIVERED TO MEALS ON WHEELS CLIENTS, INCORPORATED INTO PREPARED MEALS, AND OFFERED TO THOSE IN NEED IN OUR COMMUNITY. THE RAISED BEDS HAVE SERVED AS AN OUTDOOR CLASSROOM FOR YOUTH ENGAGED IN AGRICULTURAL AND NUTRITION EDUCATION. THEY HAVE PROVIDED A SPACE FOR PARTNER ORGANIZATION FEED IOWA FIRST TO GROW AND HARVEST FOOD FOR THE COMMUNITY. HORIZONS OWNS ADDITIONAL LAND WHERE THE RAISED BEDS CAN BE RECONSTITUTED; THIS FUNDING REQUEST WILL SUPPORT THE REBUILDING OF THE RAISED BEDS AND THE COST OF REPLANTING FOR THE FIRST GROWING SEASON. 19,315

IOWA JAG INC

1111 9TH ST
SUITE 268
DES MOINES,IA50314 		NONE PC THROUGH THIS PROJECT, IJAG WILL WORK WITH RESEARCH EXPERT PARTNERS TO DEVELOP AND EXECUTE A METHODOLOGY THAT CAN BE REPLICATED IN OTHER JAG STATES TO ACCESS AND ANALYZE STUDENT DATA FROM RELIABLE SOURCES AND INFORM PRACTICE IMPROVEMENT EFFORTS. EMBARKING ON THIS TYPE OF LONGITUDINAL ASSESSMENT OF STUDENT OUTCOMES IS TIMELY AS IJAG HAS CONSISTENTLY GROWN EACH YEAR TO A RECORD 7,000 STUDENTS SERVED IN THE 2023-2024 SCHOOL YEAR. 100,000

LEON CHAMBER OF COMMERCE

104 W 1ST ST PO BOX 351
LEON,IA50144 		NONE PC FRIENDS OF THE LITTLE RIVER SCENIC PATHWAY ARE PROPOSING A PROJECT, COMPRISED OF THREE SUBPROJECTS, THAT WILL PROVIDE A SAFE ENVIRONMENT TO BE PHYSICALLY ACTIVE IN. THE FIRST IS THE CREATION OF A TRAIL HUB. WE BELIEVE BY ELIMINATING BARRIERS AND IMPROVING OUR FACILITIES, PEOPLE OF ALL AGES WILL BE ENCOURAGED TO UTILIZE OUR TRAILS. THE SECOND PORTION OF OUR PROJECT IS MAINTENANCE OF OUR EXISTING TRAIL. THERE ARE APPROXIMATELY 30 CRACKED AND BROKEN PANELS, TOTALING 270 SQUARE YARDS, THAT NEED REPLACED. THESE BROKEN SECTIONS POSE A SAFETY ISSUE TO USERS OF THE TRAIL, ESPECIALLY BIKE RIDERS. 100,000

MAKOCE AGRICULTURE DEVELOPMENT

PO BOX 163
PORCUPINE,SD57772 		NONE PC AS ONE OF OUR INITIATIVES, WE OPERATE A FOOD SYSTEMS INSTITUTE. WITH THE GOAL TO INCREASE COMMUNITY INVOLVEMENT AS AN INTEGRAL PART OF THE REGENERATIVE LOCAL FOOD SYSTEM WE ARE WORKING TOWARDS CREATING. THE REGENERATIVE POULTRY PROGRAM WORKS TO PROVIDE EDUCATION FOR ASPIRING FAMILIES AND PRODUCERS AND TO PROVIDE HANDS-ON TRAINING FOR FIRST TIME POULTRY PRODUCERS. WE ARE STARTING WITH POULTRY BECAUSE WE BELIEVE POULTRY IS A STARTING POINT FOR FAMILY ENGAGEMENT AS IT CREATES ACCESS TO THE LARGER FOOD SYSTEM, WE ARE BUILDING. PARTICIPANTS IN THIS PROGRAM RANGE FROM HIGH SCHOOL STUDENTS TO ELDERS. THEY GO THROUGH AN 8 WEEK COURSE HOSTED BY OUR TEAM IN WHICH THEY LEARN ABOUT LOCAL FOOD SYSTEM DESIGN AND DEVELOPMENT, POULTRY PRODUCTION, AND MOBILE POULTRY PROCESSING UNITS. THEN AT THE END OF THE COURSE THEY OPERATE THEIR OWN SQUARE FOOT CHICKEN SYSTEM. EACH PARTICIPANT (AS WELL AS THEIR FAMILY MEMBERS) ARE INVOLVED WITH RAISING THEIR OWN FOOD AND SAW THE PROCESS FROM BEGINNING TO END. 50,000

MOBRIDGE COMMUNITY DEVELOPMENT CORPORATION

114 1ST AVE E
MOBRIDGE,SD57601 		NONE PC THE PARK UPGRADE IS A NEW, INCLUSIVE PLAYGROUND SYSTEM AND FREESTANDING FEATURES APPROPRIATE FOR YOUTH AGES 2-12 AT OUR EAST MUNICIPAL PLAY PARK. THIS PARK IS OUR ONLY PLAYGROUND ON THE OLDER, SOUTH SIDE OF TOWN. IT IS THE SMALLEST PARK IN MOBRIDGE AND IS SURROUNDED BY THE ONLY RESIDENTIAL AREAS IN OUR COMMUNITY THAT ARE FRIENDLY TOWARD MULTIFAMILY AND MOBILE HOMES. WE WOULD LIKE TO TURN THIS FACILITY INTO A POINT OF PRIDE FOR THIS NEIGHBORHOOD, A FAVORITE STOP ALONG OUR ACTIVE TRANSPORTATION ROUTE, AND A SAFE PLACE WHERE ALL LOCAL CHILDREN CAN COME BENEFIT FROM PHYSICAL ACTIVITY. 100,000

RED CLOUD INDIAN SCHOOL

100 MISSION DRIVE
PINE RIDGE,SD57770 		NONE PC BUILDING OFF OUR PLANNING AND PILOTING EFFORTS OVER THE LAST FEW YEARS, WE ARE READY TO MOVE INTO THE IMPLEMENTATION OF THE EDIBLE GARDEN PROJECT WHICH COMPLIMENTS A LARGER FOOD SOVEREIGNTY PROGRAM LOCATED AT MAHPIYA LUTA. TRADITIONAL FOOD LIKE CHOKECHERRIES, WILD PLUMS, ETC. WILL BE ESTABLISHED SO GATHERINGS CAN TAKE PLACE BY STUDENTS AND THE COMMUNITY AND BROUGHT TO THE CAFETERIA. THE LEVEL OF PRODUCTIVITY OF PLANTS AND VEGETATION WILL CONTINUE TO INCREASE FOR LONG TERM SUSTAINABILITY. THE PRODUCE WILL EVENTUALLY BE VENDED TO THE CAFETERIA, AND THE REVENUE WILL FEED INTO CONTINUED PRODUCTION. ADDITIONAL SOURCES OF INCOME SUCH AS THE FARMERS MARKET WILL FURTHER SUPPORT THE FINANCIAL STABILITY. THE FOOD PRODUCTION OPERATION WILL SERVE STUDENTS AND THE LOCAL COMMUNITY YEAR-ROUND. STUDENTS INVOLVEMENT IN THE EDIBLE GARDEN PROJECT WILL ADDITIONALLY PROMOTE HEALTHFUL EATING AND INCREASE TRADITIONAL FOOD CONSUMPTION POST-HARVEST. 50,000

RESOURCE CONSERVATION AND DEVELOPMENT

PO BOX 916
POSTVILLE,IA52162 		NONE PC THE RC&D IS WORKING TO BUILD UPON THE SUCCESSFUL IOWA FARMERS MARKET TOOLKIT THAT INCLUDED THE POPULAR IOWA FARMERS MARKET MANAGER MANUAL AND VENDOR HANDOUTS BY DEVELOPING A SET OF TRAINING MODULES THAT WILL PROVIDE A TEMPLATE AND STRUCTURE TO ENSURE MARKET MANAGERS GLEAN THE NECESSARY INFORMATION REQUIRED TO BECOME SUCCESSFUL MARKET MANAGERS. THESE MATERIALS WILL BE TRANSLATED INTO OTHER LANGUAGES. MANY MARKETS ACROSS THE STATE OF IOWA ARE IN SMALL RURAL COMMUNITIES WHERE RESOURCES ARE LIMITED AND ARE UNABLE TO PROVIDE THE REQUIRED RESOURCES TO REACH THESE COMMUNITY MEMBERS. POTENTIALLY ISOLATING AND EXCLUDING MANY VENDORS, MANAGERS, AND CUSTOMERS FROM ATTENDING MARKETS. 50,000

SISSETON YOUTH BASEBALL ASSOCIATION

PO BOX 146
SISSETON,SD57262 		NONE PC THE ORIGINAL WALKING PATH WAS PART OF AN OVERALL PROJECT THAT INCLUDED BUILDING THREE NEW LITTLE LEAGUE FIELDS, PUTTING IN A WALKING PATH AND BUILDING A NEW PARKING LOT FOR THE COMPLEX. THE WALKING PATH HAS BEEN A TREMENDOUS SUCCESS, IN FACT SUCH A SUCCESS THAT IT HAS CAUSED US THE NEED TO EXTEND IT. ON ANY GIVEN SUMMER NIGHT, ESPECIALLY WHEN THERE ARE GAMES, THE WALKING PATH WILL HAVE TWENTY TO THIRTY PEOPLE USING IT, EITHER WALKING OR RIDING BIKE. THE PUBLIC HAS BEEN ASKING US TO LENGTHEN THE PATH AROUND ANOTHER FIELD WHICH WILL DOUBLE THE LENGTH. IN A LOCAL NEEDS ASSESSMENT THE CITY CONDUCTED, NEARLY 60% OF THE PEOPLE SURVEYED FELT IT WAS IMPORTANT TO MAINTAIN AND IMPROVE THE PHYSICAL HEALTH OF THE PEOPLE AND THE WALKING PATH IS THE MOST USED PHYSICAL ACTIVITY IN OUR COMMUNITY. 17,500

SOUTH DAKOTA COMMUNITY FOUNDATION

2310 PATRON PKWY
PIERRE,SD57501 		NONE PC $25,000 FOR 2022 JAG SD LEADERSHIP AND CAREER DEVELOPMENT CONFERENCES AND $25,000 FOR 2023 JAG SD LEADERSHIP AND CAREER DEVELOPMENT CONFERENCES. 50,000

SOUTH DAKOTA OFFICE OF INDIAN EDUCATION

711 E WELLS AVE
PIERRE,SD57501 		NONE GOV SUPPORT OF THE INDIAN EDUCATION SUMMIT. 500

ST ANTHONY CATHOLIC CHURCH

417 N MAIN ST
DAVENPORT,IA52801 		NONE PC MCANTHONY WINDOW PROVIDES HEALTHY, SHELF-STABLE FOODS TO MORE THAN 50,000 COMMUNITY MEMBERS ANNUALLY. LACK OF SUFFICIENT COLD STORAGE MAKES IT DIFFICULT TO ACCEPT AND DISTRIBUTE DONATIONS OF MEATS, CHEESES, AND OTHER PROTEIN ITEMS AND PREVENTS US FROM PROVIDING THIS NECESSARY PART OF A HEALTHY, WELL-BALANCED DIET. ST. ANTHONY WILL PURCHASE AND INSTALL A WALK-IN FREEZER, STAND-UP FREEZER, AND TWO REFRIGERATORS TO EXPAND COLD STORAGE CAPACITY TO INCREASE ACCESS TO THE HEALTHY FOODS NEEDED TO THRIVE. 33,051

TAPESTRY FARMS

PO BOX 2332
DAVENPORT,IA52809 		NONE PC TAPESTRY FARMS GROWS HEALTHY, CULTURALLY AND DIET APPROPRIATE FOOD AT EIGHT GARDEN PLOTS IN FOOD DESERTS THROUGHOUT THE QUAD CITIES - SEVEN IN IOWA - AND DISTRIBUTES IT TO REFUGEE FAMILIES IN EMERGENCY SITUATIONS, TO LOCAL FOOD PANTRIES, AND AT OUR KARIBU MARKET, WHICH OFFERS CULTURALLY SPECIFIC FOOD FOR PEOPLE FROM EAST AND CENTRAL AFRICA AT NO COST. IN LATE 2023, WITH SUPPORT FROM THE DEERE FOUNDATION, WE WILL INSTALL A NEW STAND-ALONE HYDROPONICS UNIT THAT WILL ALLOW US TO SIGNIFICANTLY INCREASE THE AMOUNT OF FOOD WE GROW. THIS PROJECT PURCHASES A REFRIGERATED FOOD VAN TO TRANSPORT THE FOOD WE HARVEST BOTH FROM THE TRADITIONAL GARDENS AND THE HYDROPONICS PROJECT, ALLOWING US TO DELIVER MORE FOOD AT A MORE EFFICIENT PACE AND THEREBY IMPROVING ACCESS TO HEALTHY FOODS FOR MORE IOWA RESIDENTS WHO DO NOT CURRENTLY HAVE THE RESOURCES TO PURCHASE IT THEMSELVES. 50,000

WILLKIE HOUSE INC

900 17TH STREET
DES MOINES,IA50314 		NONE PC THE WILLKIE HOUSE HAS A 5400-SQUARE-FOOT GYM, BUT IT NEEDS A RENOVATION TO MAKE IT SAFER AND MORE CONDUCIVE TO PHYSICAL ACTIVITY. THIS RENOVATION WILL IMPROVE NEARLY EVERY COMPONENT OF THE GYM, INCLUDING FLOORING, GYM INFRASTRUCTURE, WINDOWS, AND DOORS. THE FUNDS FOR THE PROJECT WOULD BE FOCUSED ON ITEMS THAT ARE PARTICULARLY CRITICAL TO SAFETY AND MAKING THE GYM MORE CONDUCIVE TO PHYSICAL ACTIVITY. 100,000

YOUTH & FAMILY SERVICES INC

PO BOX 2813
RAPID CITY,SD577092813 		NONE PC THE YFS FULLERTON FARM PROJECT GREW OUT OF CONCERN ABOUT CHILDHOOD OBESITY AND FOOD INSECURITY AMONG DISADVANTAGED CHILDREN AND YOUTH IN THE COMMUNITY. IN ACCORDANCE WITH ITS BOARD-APPROVED STRATEGIC PLAN, YFS STARTED A GARDEN EDUCATION PROJECT IN 2014 TO INCREASE CHILDREN'S ACCESS TO, PREFERENCE FOR, AND CONSUMPTION OF FRESH FRUITS AND VEGETABLES AND TO PROMOTE KNOWLEDGE AND SKILLS AMONG THE CHILDREN AND THEIR FAMILIES IN GROWING FRESH FOODS. 50,000
Total .................................right arrow 3a 3,507,966
bApproved for future payment

BLUES CARE GIVING CONTRIBUTIONS
1331 GRAND AVENUE STATION 4W526
DES MOINES,IA50309 		NONE PC SEE ATTACHMENT 2 -122,098
Total ................................. right arrow 3b 336,307
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,565,405  
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 .....     18 4,104,551  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,100,936  
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) ..   6,770,892  
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,770,892
(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 AllOthProgRltdInvestmentsSch
Name:
The Wellmark Foundation
EIN:
42-1368650
Category Amount
NONE  

TY 2023 ContractorCompensationExpln
Name:
The Wellmark Foundation
EIN:
42-1368650
Contractor Explanation
WELLINGTON GLOBAL SELECT CAPITAL INVESTMENT MANAGEMENT FEES

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

TY 2023 DepreciationSchedule
Name:
The Wellmark Foundation
EIN:
42-1368650
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 InvestmentsOtherSchedule2
Name:
The Wellmark Foundation
EIN:
42-1368650
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BLACKROCK LQ:T-FUND INSTL   671,914 671,914
EMERGING MARKET EQUITY SERIES   3,938,052 3,938,052
T ROWE PRICE I LC COR GR   0 0
DODGE & COX STOCK   0 0
APOLLO TOTAL RETURN FUND   9,730,142 9,730,142
WELLINGTON GLSELCAP   12,253,878 12,253,878
TCW:TOTAL RETURN BOND I   12,041,710 12,041,710
INDEPENDENT FRANCHISE PARTNERS   11,236,733 11,236,733
CASTLELAKE INCOME OPPORTUNITIE   1,565,429 1,565,429
DAVIDSON KEMPNER LT DISTRESSED   3,051,711 3,051,711
PIMCO:INCOME INST   10,554,430 10,554,430
AUDAX DIRECT LENDING SOLUTIONS   1,115,130 1,115,130
FIDELITY 500 INDEX FUND   7,845,457 7,845,457

TY 2023 OtherAssetsSchedule
Name:
The Wellmark Foundation
EIN:
42-1368650
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INVESTMENT DUE & ACCRUED 2,682 6,096 6,096
FEDERAL TAX RECEIVABLE 27,186 9,711 9,711


TY 2023 OtherExpensesSchedule
Name:
The Wellmark Foundation
EIN:
42-1368650
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OUTSIDE INVESTMENT EXPENSES 134,247 134,247    
OVERHEAD AND OTHER EXPENSES 444,988     444,988
EQUIPMENT MAINTENANCE EXPENSES 31,924     31,924
ADVERTISING EXPENSES 15,000     15,000
POSTAGE EXPENSE 139     139


TY 2023 OtherIncomeSchedule2
Name:
The Wellmark Foundation
EIN:
42-1368650
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PASS THROUGH GAIN 4,104,551 1,005,430  


TY 2023 OtherIncreasesSchedule
Name:
The Wellmark Foundation
EIN:
42-1368650
Description Amount
DONATED SERVICES 544,126
UNREALIZED GAINS 2,519,828
PRIOR YEAR GRANT RETURNED 270


TY 2023 OtherLiabilitiesSchedule
Name:
The Wellmark Foundation
EIN:
42-1368650
Description Beginning of Year - Book Value End of Year - Book Value
INVESTMENT PAYABLE 29,502 30,442
DEFERRED TAX LIABILITY 0 35,000


TY 2023 OtherProfessionalFeesSchedule
Name:
The Wellmark Foundation
EIN:
42-1368650
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OUTSIDE SERVICES 29,005     29,005
OTHER PROFESSIONAL FEES 500     500


TY 2023 TaxesSchedule
Name:
The Wellmark Foundation
EIN:
42-1368650
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAXES 150,600 0