TY 2023 Form 990PF

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)
	1	Contributions, gifts, grants, etc., received (attach schedule)	3,000,000
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	55,017	55,017
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,001,232
b	Gross sales price for all assets on line 6a 2,051,046
7	Capital gain net income (from Part IV, line 2)...		1,001,232
8	Net short-term capital gain.........			0
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).......	List of Attached Documents: // Content	1,037	19
12	Total. Add lines 1 through 11........	4,057,286	1,056,268
	13	Compensation of officers, directors, trustees, etc.	30,096	24,077		6,019
14	Other employee salaries and wages......		0	0	0
15	Pension plans, employee benefits.......		0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	1,500	0	0	1,500
c	Other professional fees (attach schedule)....					0
17	Interest...............				0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,687	1,687		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......		0	0
22	Printing and publications..........		0	0
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	49	24		25
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	33,332	25,788	0	7,544
25	Contributions, gifts, grants paid.......	68,000			68,000
26	Total expenses and disbursements. Add lines 24 and 25	101,332	25,788	0	75,544
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	3,955,954
b	Net investment income (if negative, enter -0-)		1,030,480
c	Adjusted net income (if negative, enter -0-)...			0

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	18,556	1,560,852	1,560,852
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	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).......	665,480	List of Attached Documents: // Content 620,085	1,738,669
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	361,772	List of Attached Documents: // Content 1,818,546	1,860,475
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 53	List of Attached Documents: // Content 7,154	List of Attached Documents: // Content 7,154
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,045,861	4,006,637	5,167,150
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	1,045,861	4,006,637
	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).....	1,045,861	4,006,637
	30	Total liabilities and net assets/fund balances (see instructions).	1,045,861	4,006,637

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

1,045,861

Enter amount from Part I, line 27a .....................

3,955,954

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

5,001,815

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

995,178

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

4,006,637

(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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	1. J P MORGAN CHASE & CO	1911-11-11	2023-04-05
b	1. SCHEIN HENRY INC COMMON STOCK	1911-11-11	2023-10-13
c	1048.218 TOUCHSTONE MID CAP Y	2021-10-01	2023-11-15
d	700. COMPASS MINERALS INTERNATIONAL	2017-09-29	2023-12-01
e	10240. APPLE COMPUTER INC COM	2020-07-06	2023-12-05

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	7		7
b	22		22
c	50,231	50,000	231
d	17,570	45,395	-27,825
e	1,983,216	954,419	1,028,797

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			7
b			22
c			231
d			-27,825
e			1,028,797

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,001,232
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 ...................		3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	14,324
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	14,324
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	14,324
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	432
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

7	Total credits and payments. Add lines 6a through 6d..............		7	432
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.......		9	13,892
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax0	Refunded	11	0

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
CHARLES G CUNNINGHAM	PRESIDENT/TRUSTEE 2	0
1138 KINGSLEY CIRCLE N MENDOTA HEIGHTS,MN55118
KATHRYN M CUNNINGHAM	VICE PRESIDENT/TRUSTEE 2	0
1138 KINGSLEY CIRCLE N MENDOTA HEIGHTS,MN55118
DAWN L OSTREM	SECRETARY/TRUSTEE 2	0
4622 SUMMIT PASS EAGAN,MN55122
GREG C CUNNINGHAM	TREASURER/TRUSTEE 2	0
11409 WILD HERON POINT EDEN PRAIRIE,MN55347
US BANK NA	TRUSTEE 1	30,096
PO BOX 0634 MILWAUKEE,WI532010634

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

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

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					91,063
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				74,575
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	0
b From 2019......	0
c From 2020......	0
d From 2021......	0
e From 2022......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 75,544
a Applied to 2022, but not more than line 2a				74,575
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.....					969
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					90,094
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2019....	0
b Excess from 2020....	0
c Excess from 2021....	0
d Excess from 2022....	0
e Excess from 2023....	0

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	(e) Total

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

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

JOHN M PESCHEL US BANK NA
101 EAST 5TH ST
ST PAUL,MN55101
(651) 466-8734

bThe form in which applications should be submitted and information and materials they should include:

LETTER FORM

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

GRANTS ARE MADE TO CHARITABLE RELIGIOUS, SCIENTIFIC, LITERARY & EDUCATIONAL ORGANIZATIONS UNDER 501 (c) (3)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ABBOTT NORTHWESTERN FOUNDATION 800 E 28TH STREET MINNEAPOLIS,MN55407	NONE	PC	GENERAL OPERATING	3,000
LUTHERAN SOCIAL SERVICE 2485 COMO AVE ST PAUL,MN55108	NONE	PC	GENERAL OPERATING	3,000
MOUNT OLIVET CAREVIEW HOME 5517 LYNDALE AVENUE SOUTH MINNEAPOLIS,MN554190000	NONE	PC	GENERAL OPERATING	6,000
SCIENCE MUSEUM OF MINNESOTA 120 KELLOGG BLVD W SAINT PAUL,MN551021202	NONE	PC	GENERAL OPERATING	3,000
GREATER TWIN CITIES YOUTH SYMPHONIES 408 SAINT PETER ST STE 300 SAINT PAUL,MN551021123	NONE	PC	GENERAL OPERATING	3,000
YMCA 1129 20TH ST NW WASHINGTON,DC20036	NONE	PC	GENERAL OPERATING	2,000
MINNESOTA YOUTH SYMPHONIES 790 CLEVELAND AVE S STE 203 SAINT PAUL,MN551161958	NONE	PC	GENERAL OPERATING	2,000
GREATER MINNEAPOLIS CRISIS NURSERY 4544 4TH AVE S MINNEAPOLIS,MN554195145	NONE	PC	GENERAL OPERATING	3,000
MINNESOTA DARE PO BOX 279 ST BONIFACIUS,MN553750279	NONE	PC	GENERAL OPERATING	1,000
MINNEHAHA ACADEMY 3100 WEST RIVER PARKWAY MINNEAPOLIS,MN554060000	NONE	PC	GENERAL OPERATING	3,000
ST OLAF COLLEGE 1520 SAINT OLAF AVE NORTHFIELD,MN550571574	NONE	PC	GENERAL OPERATING	6,000
GUSTAVUS ADOLPHUS COLLEGE 800 WEST COLLEGE AVENUE SAINT PETER,MN560820000	NONE	PC	GENERAL OPERATING	8,000
WORLD RELIEF CHICAGOLAND 3507 W LAWRENCE AVE CHICAGO,IL60625	NONE	PC	GENERAL OPERATING	1,000
ROGERS BEHAVIORAL HEALTH SYSTEM INC 34700 VALLEY RD OCONOMOWOC,WI530664500	NONE	PC	GENERAL OPERATING	2,000
CATHEDRAL OF THE PINES INC 5025 KNOX AVE S MINNEAPOLIS,MN554190000	NONE	PC	GENERAL OPERATING	5,000
BOYS AND GIRLS CLUBS OF THE TWIN CITIES 690 JACKSON ST SAINT PAUL,MN551304345	NONE	PC	GENERAL OPERATING	2,500
MOUNT OLIVET ROLLING ACRES ATTN PRESIDENT MINNEAPOLIS,MN55419	NONE	PC	GENERAL OPERATING	5,500
PRESBYTERIAN HOMES FOUNDATION 2845 HAMLINE AVE N ROSEVILLE,MN551131888	NONE	PC	GENERAL OPERATING	2,000
MOUNT OLIVET DAY SERVICES 5601 LYNDALE AVENUE SOUTH MINNEAPOLIS,MN554190000	NONE	PC	GENERAL OPERATING	3,000
ACES 1115 E HENNEPIN AVE MINNEAPOLIS,MN55414	NONE	PC	GENERAL OPERATING	3,000
THE CHILDRENS THEATRE COMPANY 2400 THIRD AVENUE SOUTH MINNEAPOLIS,MN55404	NONE	PC	GENERAL OPERATING	1,000
Total ................................. 3a				68,000

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

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	(e) Related or exempt function income (See instructions.)
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	55,017
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	1,001,232
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER INCOME			1	19
bFEDERAL TAX REFUND			1	1,018
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				1,057,286

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Name of organization C & K CUNNINGHAM FAM FDN

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	KATHRYN G CUNNINGHAM 6309 BURNHAM CIRCLE 200 INVER GROVE HEIGHTS, MN55076	$ 3,000,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)


(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...................				0

bApproved for future payment

Total ................................. 3b

Name of organization C & K CUNNINGHAM FAM FDN		Employer identification number 41-1855378

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
1	APPLE INC COMMON STOCK	$ 1,949,594	2023-12-01
(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)


Name of organization C & K CUNNINGHAM FAM FDN			Employer identification number 41-1855378
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.) $ Use duplicate copies of Part III if additional space is needed.

Name of Stock	End of Year Book Value	End of Year Fair Market Value
17275R102 CISCO SYSTEMS INC	50,300	136,404
91324P102 UNITED HEALTH GROUP	40,832	157,941
191216100 COCA COLA COMPANY	27,459	79,556
194162103 COLGATE PALMOLIVE CO	22,662	79,710
478160104 JOHNSON JOHNSON	25,259	54,859
594918104 MICROSOFT CORP	15,777	225,624
037833100 APPLE INC	16,780	211,783
46625H100 J P MORGAN CHASE CO	42,959	170,100
437076102 HOME DEPOT INC	26,826	69,310
89151E109 TOTALENERGIES SE A D	31,216	40,428
192446102 COGNIZANT TECH SOLUT	62,325	105,742
20451N101 COMPASS MINERALS INT
254687106 DISNEY WALT CO	57,910	45,145
09857L108 BOOKING HOLDINGS INC	28,721	88,681
02079K305 ALPHABET INC CL A	36,676	83,814
539830109 LOCKHEED MARTIN CORP	14,811	17,223
023135106 AMAZON.COM INC	53,211	91,164
110122108 BRISTOL MYERS SQUIBB	44,720	41,048
00287Y109 ABBVIE INC	21,641	40,137

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
464287655 ISHARES RUSSELL 2000	AT COST	99,123	90,320
92647K309 VICTORY TRIVALENT IN	AT COST	20,000	16,093
89155H793 TOUCHSTONE MID CAP Y
46432F842 ISHARES CORE MSCI EA	AT COST	126,073	119,595
464287234 ISHARES MSCI EMERGIN	AT COST	66,576	64,336
464287200 ISHARES CORE S P 500	AT COST	450,912	465,689
464287507 ISHARES CORE SP MID-	AT COST	517,839	543,214
464287804 ISHARES CORE S P SMA	AT COST	151,161	162,375
46434G103 ISHARES CORE MSCI EM	AT COST	85,294	87,503
921943858 VANGUARD FTSE DEVELO	AT COST	301,568	311,350

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	1,182	1,182		0
FOREIGN TAXES ON NONQUALIFIED	505	505		0

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