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 HUBBARD BROADCASTING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3415 UNIVERSITY AVENUE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST PAUL, MN55114
A Employer identification number

41-6022291
B Telephone number (see instructions)

(651) 642-4300
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$42,837,929
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 299,879 299,879  
4 Dividends and interest from securities... 486,752 486,752  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,445,923
b Gross sales price for all assets on line 6a 27,338,399
7 Capital gain net income (from Part IV, line 2)... 1,505,708
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)....... 674 674  
12 Total. Add lines 1 through 11........ 2,233,228 2,293,013  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 128,763 0   113,763
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).... 328,534 328,534   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 25,525 0   25
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 523 0   523
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 483,345 328,534   114,311
25 Contributions, gifts, grants paid....... 2,083,370 1,608,954
26 Total expenses and disbursements. Add lines 24 and 25 2,566,715 328,534   1,723,265
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -333,487
b Net investment income (if negative, enter -0-) 1,964,479
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,594,250 1,823,552 1,823,552
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow224,489
Less: allowance for doubtful accounts right arrow   93,361 224,489 224,489
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) 114,747 Click to see attachment
List of Attached Documents:
// Content
103,649
103,649
b Investments—corporate stock (attach schedule)....... 28,848,073 Click to see attachment
List of Attached Documents:
// Content
32,928,404
32,928,404
c Investments—corporate bonds (attach schedule)....... 7,192,356 Click to see attachment
List of Attached Documents:
// Content
7,757,835
7,757,835
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) 37,842,787 42,837,929 42,837,929
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 1,077,000 1,551,416
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
15,000
23 Total liabilities (add lines 17 through 22)......... 1,077,000 1,566,416
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........... 36,765,787 41,271,513
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)..... 36,765,787 41,271,513
30 Total liabilities and net assets/fund balances (see instructions). 37,842,787 42,837,929
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
36,765,787
2
Enter amount from Part I, line 27a .....................
2
-333,487
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,839,213
4
Add lines 1, 2, and 3 ..........................
4
41,271,513
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
41,271,513
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b
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 27,338,399   25,832,691 1,505,708
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       1,505,708
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 1,505,708
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 27,306
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 27,306
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 27,306
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 26,264
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 11,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 37,264
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 9,958
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow9,958 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowBARB STRENGE Telephone no.right arrow (651) 642-4174

Located atright arrow3415 UNIVERSITY AVEST PAULMN ZIP+4right arrow55114
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
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
KATHRYN HUBBARD ROMINSKI VICE PRESIDENT/EXEC DIRECTOR
15.00
128,763 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
STANLEY S HUBBARD PRESIDENT/DIRECTOR
1.00
0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
C THOMAS NEWBERRY SECRETARY/TREASURER
1.00
0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
STANLEY E HUBBARD II DIRECTOR
1.00
0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
VIRGINIA H MORRIS DIRECTOR
1.00
0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
ROBERT W HUBBARD VICE PRESIDENT/DIRECTOR
1.00
0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
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
MORGAN STANLEY WEALTH ADVISORY AND MANAGEMENT 113,763
1775 I STREET NW SUITE 200
WASHINGTON,DC20006
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 N/A 0
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 N/A 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
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
37,923,156
b
Average of monthly cash balances.......................
1b
1,943,174
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
39,866,330
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
39,866,330
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
597,995
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
39,268,335
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,963,417
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,963,417
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
27,306
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
27,306
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,936,111
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,936,111
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,936,111
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,723,265
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,723,265
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2022
(c)
2022
(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,936,111
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...... 124,745
b From 2019...... 277,257
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 402,002
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,723,265
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..... 1,723,265
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 212,846 212,846
(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 5 189,156
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) ...
0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
189,156
10 Analysis of line 9:
a Excess from 2019.... 189,156
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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:
KATHRYN HUBBARD ROMINSKI
3415 UNIVERSITY AVE
ST PAUL,MN55114
(651) 642-4305
bThe form in which applications should be submitted and information and materials they should include:
SUMMARY FORM OF THE HISTORY AND PURPOSE OF THE ORGANIZATION, COPY OF IRC SECTION 501(C)(3) STATUS LETTER, SPECIFIC PROJECT OR PROGRAM THAT FUNDS WILL BE ALLOCATED TO, AND IF FUNDS ARE TO BE USED FOR OPERATING OR NON-OPERATING EXPENSES.
cAny submission deadlines:
MOST FOUNDATION ACTIVITY TAKES PLACE PRIOR TO END OF CALENDAR YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

AEON

901 N 3RD ST SUITE 150
MINNEAPOLIS,MN55401
  PC GENERAL OPERATING SUPPORT 5,000

ALIA

100 UNIVERSITY AVE W 230
ST PAUL,MN55104
  PC GENERAL OPERATING SUPPORT 2023 20,000

ALLINA HEALTH SYSTEM

2925 CHICAGO AVE MR 10103
MINNEAPOLIS,MN55407
  PC EXPANDING ACCESS TO ADV REHAB TECH 42,870

ALZHEIMER'S ASSOCIATION MN-ND CHAPTER

7900 W 78TH ST SUITE 100
MINNEAPOLIS,MN55439
  PC PURPLE GALA-DONATION IN LIEU OF TICKETS 5,000

AMERICAN CANCER SOCIETY INC

950 BLUE GENTIAN RD SUITE 100
EAGAN,MN55121
  PC RESEARCH FELLOWSHIP & HOPE LODGE 25,000

AMERICAN PARKINSON DISEASE ASSOCIATION OF MN

PO BOX 4425
ST PAUL,MN55104
  PC APDAMN PAS&PRESS 2022 5,000

AMHERST H WILDER FOUNDATION

451 LEXINGTON PKWY N
ST PAUL,MN55104
  PC WILDER CAMPAIGN FOR FAMILIES 12,500

ARTHRITIS FOUNDATION UPPER MIDWEST

662 TRANSFER RD
ST PAUL,MN55114
  PC WALK TO CURE JUVENILE ARTHRITIS 10,000

ARTS PARTNERSHIP

620 N 1ST ST
MINNEAPOLIS,MN55401
  SO I ALL FOR ONE CAMPAIGN 40,000

ASIRT

11769 GAINSBOROUGH RD
POTOMAC,MD20854
  PC GENERAL OPERATING SUPPORT 1,000

BELWIN CONSERVANCY

1553 STAGECOACH TRAIL SO
AFTON,MN55001
  PC GENERAL OPERATING SUPPORT 5,000

BIG BROTHERS BIG SISTERS OF GREATER TWIN CITIES

3110 WASHINGTON AVE N
ST PAUL,MN55411
  PC BBBS REALIZING POTENTIAL CAMPAIGN 16,667

BOLDER OPTIONS

2100 STEVENS AVE S
MINNEAPOLIS,MN55404
  PC GENERAL OPERATING SUPPORT 25,000

CATHEDRAL HERITAGE FOUNDATION

PO BOX 40027
ST PAUL,MN55104
  PC MULTI-LANGUAGE VIRTUAL TOUR 10,000

CHILDREN'S HEARTLINK

5075 ARCADIA AVE
MINNEAPOLIS,MN55436
  PC GLOBAL GATHERING 25,000

CHILDREN'S HOSPITAL ASSOCIATION

347 NORTH SMITH AVENUE SUITE 501
ST PAUL,MN55102
  PC CONVERSATIONS WITH A TWIST 40,000

CITIZENS' COUNCIL FOR HEALTH FREEDOM

161 ST ANTHONY AVE SUITE 923
ST PAUL,MN55103
  PC GENERAL OPERATING SUPPORT 5,000

CITIZENS' COUNCIL FOR HEALTH FREEDOM

161 ST ANTHONY AVE SUITE 923
ST PAUL,MN55103
  PC GIVE TO THE MAX DAY MATCH 2,500

COAST GUARD FOUNDATION

394 TAUGWONK RD
STONINGTON,CT06378
  PC COASTIE CAMPER GRANTS 25,000

COMMONBOND COMMUNITIES

PO BOX 581518
MINNEAPOLIS,MN55458
  PC GENERAL OPERATING SUPPORT 5,000

COMMUNIO

5901 KINGSTOWNE VILLAGE PKY STE 102
ALEXANDRIA,VA22315
  SO I NATIONAL STRATEGY TO SAVE THE FAMILY 5,000

COMMUNITIES IN SCHOOLS OF THE TWIN CITIES

56 6TH ST E SUITE 307
ST PAUL,MN55101
  PC GENERAL OPERATING SUPPORT 25,000

COMMUNITIES IN SCHOOLS OF THE TWIN CITIES

56 6TH ST E SUITE 307
ST PAUL,MN55101
  PC GENERAL OPERATING SUPPORT 25,000

COMMUNITIES IN SCHOOLS OF THE TWIN CITIES

56 6TH ST E SUITE 307
ST PAUL,MN55101
  PC GENERAL OPERATING SUPPORT- 09/2023 25,000

COMMUNITIES IN SCHOOLS OF THE TWIN CITIES

56 6TH ST E SUITE 307
ST PAUL,MN55101
  PC GENERAL OPERATING SUPPORT- 12/2023 25,000

COMMUNITY OF RECOVERING PEOPLE

1221 WAYZATA BLVD EAST
WAYZATA,MN55391
  PC PHASE 3 CAMPUS RENOVATION 40,000

COMMUNITY THREAD

2300 ORLEANS ST W
STILLWATER,MN55082
  PC FIRE SUPPRESSION SYSTEM REPLACEMENT 10,000

COMO FRIENDS

1225 EASTABROOK
ST PAUL,MN55103
  PC SUNSET AFFAIR - DONATION IN LIEU OF TICKETS 5,000

EDALLIES

1621 E HENNEPIN AVE SUITE 295
MINNEAPOLIS,MN55414
  PC GENERAL OPERATING SUPPORT 5,000

FAMILYMEANS

1875 NORTHWESTERN AVE S
STILLWATER,MN55082
  PC BETTER IS POSSIBLE FUNDRAISER 2023 5,000

FAMILYMEANS

1875 NORTHWESTERN AVE S
STILLWATER,MN55082
  PC BETTER IS POSSIBLE-DONATION IN LIEU OF TICKETS 5,000

FEED MY STARVING CHILDREN

401 93RD AVE NW
COON RAPIDS,MN55433
  PC GENERAL OPERATING SUPPORT 25,000

FEED MY STARVING CHILDREN

401 93RD AVE NW
COON RAPIDS,MN55433
  PC GENERAL OPERATING SUPPORT 25,000

FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS

PO BOX 17408
DENVER,CO80217
  PC GENERAL OPERATING SUPPORT 5,000

FRASER

2400 W 64TH ST
MINNEAPOLIS,MN55423
  SO I CAREER PLANNING & EMPLOYMENT PROGRAM 5,500

FREEDOM ALLIANCE

22570 MARKEY COURT SUITE 240
DULLES,VA20166
  PC SUPPORT OUR TROOPS 5,000

FRIENDS OF EAST AFRICA FOUNDATION

2130 SUMMIT AVENUE
ST PAUL,MN55105
  PC SCH 2023 11,750

FRIENDS OF SAINT PAUL COLLEGE

235 MARSHALL AVE
ST PAUL,MN55102
  PC GENERAL OPERATING SUPPORT 5,000

GILLETTE CHILDREN'S FOUNDATION

200 UNIVERSITY AVE E
ST PAUL,MN55101
  PC GATEWAY PLAZA 25,000

GIRL SCOUT COUNCIL OF MNWI RIVER VALLEY

400 ROBERT ST S
ST PAUL,MN55107
  PC GENERAL OPERATING SUPPORT 2,500

GIVEMN

43 SE MAIN ST SUITE 515
MINNEAPOLIS,MN55414
  PC GENERAL OPERATING SUPPORT 2,500

GOOD IN THE 'HOOD

2191 CHICAGO AVE S
MINNEAPOLIS,MN55404
  PC GENERAL OPERATING SUPPORT 2,500

GREATER TWIN CITIES UNITED WAY

404 S 8TH ST
MINNEAPOLIS,MN55404
  PC 80X3: RESILIENT FROM THE START 10,000

HAMM MEMORIAL PSYCHIATRIC CLINIC

408 ST PETER ST STE 429
ST PAUL,MN55102
  PC RELOCATION & EXPANSION OF HAMM CLINIC 10,000

HAZELDEN BETTY FORD FOUNDATION

PO BOX 64348 ST PAUL
ST PAUL,MN55164
  PC GENERAL OPERATING SUPPORT 15,000

HENNEPIN THEATRE TRUST

900 HENNEPIN
MINNEAPOLIS,MN55402
  PC CRITICAL REVIEW PROGRAM 5,000

HIGHLAND FRIENDSHIP CLUB

PO BOX 16437
MINNEAPOLIS,MN55419
  PC GENERAL OPERATING SUPPORT 1,000

HOPE ACADEMY

2300 CHICAGO AVE S
MINNEAPOLIS,MN55404
  PC GENERAL OPERATING SUPPORT 10,000

HUDSON HOCKEY ASSOCIATION

N8888 COUNTY RD Y
RIVER FALLS,WI54022
  PC CAPITAL CAMPAIGN FOR CIVIC CENTER 25,000

HUDSON HOSPITAL FOUNDATION

405 STAGELINE RD
HUDSON,WI54016
  PC NEONATAL NURSE PRACTITIONER PROGRAM 20,000

ILLUSION THEATER AND SCHOOL

3754 PLEASANT AVE S W-321
MINNEAPOLIS,MN55430
  PC THEATER ACCESS FOR YOUTH 2,500

JOY COLLABORATIVE

2437 34TH AVE S
MINNEAPOLIS,MN55406
  PC GENERAL OPERATING SUPPORT 2,500

LAURA BAKER SCHOOL ASSOCIATION

211 OAK ST
NORTHFIELD,MN55057
  PC FAMILY NAVIGATION SERVICES 1,000

LOAVES AND FISHES TOO

721 KASOTA AVE SE
MINNEAPOLIS,MN55414
  PC GENERAL OPERATING SUPPORT 10,000

LUBAVITCH CHEDER DAY SCHOOL

1758 FORD PARKWAY
ST PAUL,MN55116
  PC YEAR-END MATCHING CAMPAIGN 12,500

LUBAVITCH CHEDER DAY SCHOOL

1758 FORD PARKWAY
ST PAUL,MN55116
  PC THE DRAW 15,000

LUPUS RESEARCH FOUNDATION

2967 166TH LN NE
HAM LAKE,MN55304
  PC LUPUS SPIEL USA 5,000

LYNGBLOMSTEN FOUNDATION

1415 ALMOND AVE
ST PAUL,MN55108
  PC GENERAL OPERATING SUPPORT 10,000

MATTER

7005 OXFORD ST
ST LOUIS PARK,MN55426
  PC MBX PACKING 10/12/22 2,500

MINNEAPOLIS INSTITUTE OF ARTS

2400 3RD AVE S
MINNEAPOLIS,MN55404
  PC GENERAL OPERATING SUPPORT 5,000

MINNESOTA MUSEUM OF AMERICAN ART

141 4TH ST E STE 101
ST PAUL,MN55101
  PC GENERAL OPERATING SUPPORT 2,500

MINNESOTA ORCHESTRAL ASSOCIATION

1111 NICOLLET MALL
MINNEAPOLIS,MN55403
  PC INVESTING IN INSPIRATION 10,000

MINNESOTA ORCHESTRAL ASSOCIATION

1111 NICOLLET MALL
MINNEAPOLIS,MN55403
  PC SYMPHONY BALL - DONATION IN LIEU OF TICKETS 15,000

MINNESOTA PRIVATE COLLEGE FUND

445 MINNESOTA ST BREMER TOWER SUITE
500
ST PAUL,MN55101
  PC SCHOLARSHIPS 17,000

MINNESOTA ZOOLOGICAL GARDEN

13000 ZOO BOULEVARD
APPLE VALLEY,MN55124
  PC TREETOP TRAIL CAPITAL SUPPORT 25,000

NATIONAL FOUNDATION FOR ECTODERMAL DYSPLASIAS

6 EXECUTIVE DRIVE SUITE 2
FAIRVIEW HEIGHTS,IL62208
  PC GENERAL OPERATING SUPPORT 25,000

NEIGHBORHOOD DEVELOPMENT CENTER

663 UNIVERSITY AVE SUITE 200
ST PAUL,MN55104
  PC NDC CAPITAL CAMPAIGN: REVITALIZING FROGTOWN 30,000

NETWORK FOR BETTER FUTURES

813 NORTH 5TH ST
MINNEAPOLIS,MN55401
  PC GENERAL OPERATING SUPPORT 2,500

NEW MEXICO PHILHARMONIC

2711 GENERAL CHENNAULT ST NE
ALBUQUERQUE,NM87112
  PC ENSEMBLE VISIT PROGRAM 2,500

NORTHERN STAR COUNCIL

6202 BLOOMINGTON RD
FORT SNELLING,MN55111
  PC SCOUTREACH PROGRAM 2,500

OPEN ARMS OF MINNESOTA

2500 BLOOOMINGTON AVE
MINNEAPOLIS,MN55404
  PC ARMS WIDER CAPITAL CAMPAIGN 10,000

PAGE EDUCATIONAL FOUNDATION

P O BOX 581254
MINNEAPOLIS,MN55458
  PC JUSTICE FLOURISHING GALA 5,000

PANCREATIC CANCER ACTION NETWORK

1500 ROSECRANS AVE SUITE 200
MANHATTAN BEACH,CA90266
  PC EARLY DETECTION AND TREATMENT RESERCH 10,000

PARK SQUARE THEATRE COMPANY

408 ST PETER ST SUITE 110
ST PAUL,MN55102
  PC GENERAL OPERATING SUPPORT 2,500

PEACEMAKER MINNESOTA

2131 FAIRVIEW AVE N SUITE E
ROSEVILLE,MN55113
  PC GENERAL OPERATING SUPPORT 3,000

RAMSEY COUNTY HISTORICAL SOCIETY

75 W 5TH ST 323 LANKMARK CTR
ST PAUL,MN55102
  PC GENERAL OPERATING SUPPORT 10,000

REGIONS HOSPITAL FOUNDATION

8362 TAMARACK VILLAGE SUITE 119-440
WOODBURY,MN55125
  PC REGIONS RESPONDS FIRST: EMERGENCY AND MENTAL HEALTH CAMPAIGN 50,000

RELIGION & SOCIETY INC

PO BOX 244
STILLWATER,MN55082
  PC GENERAL OPERATING SUPPORT 3,500

RIVER VALLEY RIDERS

8362 TAMARACK VILLAGE SUITE 119-440
WOODBURY,MN55125
  PC FACILITY IMPROVEMENTS 25,000

ROADRUNNER FOOD BANK

5840 OFFICE BLVD NE
ALBUQUERQUE,NM87109
  PC GENERAL OPERATING SUPPORT 10,000

SAINT ANTHONY PARK AREA SENIORS

2200 HILLSIDE AVE
ST PAUL,MN55108
  PC GENERAL OPERATING SUPPORT 1,000

SAINT PAUL & MINNESOTA FOUNDATION

700 CITY HALL 15 W KELLOGG BLVD
ST PAUL,MN55102
  PC GENERAL OPERATING SUPPORT 25,000

SCIENCE MUSEUM OF MN

120 W KELLOGG BLVD
ST PAUL,MN55102
  PC GENERAL OPERATING SUPPORT 7,000

SKYLARK OPERA THEATRE

75 W 5TH ST SUITE 224
ST PAUL,MN55102
  PC SKYLARK FOR SENIORS 2,500

SOUTHERN VALLEY ALLIANCE

551 E PARK ST
BELLE PLAINE,MN56011
  PC CAPITAL CAMPAIGN 5,000

STILLWATER AREA PUBLIC SCHOOLS

1875 GREELY ST S
STILLWATER,MN55082
  PC GIRLS HIGH SCHOOL HOCKEY TEAM 5,000

STILLWATER AREA PUBLIC SCHOOLS

1875 GREELY ST S
STILLWATER,MN55082
  PC CAPITAL- GIRLS HOCKEY LOCKER ROOM PROJECT/REBUILD 2023-2024 10,000

STUDIO-180

3017 4TH AVE SOUTH
MINNEAPOLIS,MN55408
  PC CAPITAL CAMPAIGN FOR BUILDING PURCHASE & REMODEL 25,000

TAKECHARGE MINNESOTA

8421 W WAYZATA BLVD STE 105
WAYZATA,MN55426
  PC EXPANSION OF PLATFORM NATIONALLY 25,000

TEACH FOR AMERICA-TWIN CITIES

401 2ND AVE N SUITE 200
MINNEAPOLIS,MN55401
  PC GENERAL OPERATING SUPPORT 10,000

THE BLACK GATE

848B SHELBY AVE
ST PAUL,MN55104
  PC PRE-DEVELOPMENT FUND 5,000

THE CENTER FOR VICTIMS OF TORTURE

2356 UNIVERSITY AVE W SUITE 430
ST PAUL,MN55114
  PC GENERAL OPERATING SUPPORT 3,000

THE CHILDREN'S THEATRE COMPANY

2400 3RD AVE S
MINNEAPOLIS,MN55404
  PC GENERAL OPERATING SUPPORT 1,500

THE DWELLING PLACE

940 44TH AVE NE UNIT 21307
COLUMBIA HEIGHTS,MN55421
  PC GENERAL OPERATING SUPPORT 2,500

THE PARTNERSHIP PLAN FOR STILLWATER AREA SCHOOLS

1902 SOUTH GREELEY ST SUITE 4
STILLWATER,MN55082
  PC MHI-2 PEER HELPERS PROGRAM 10,000

THE RANCH - TEAMMATES FOR LIFE

914 W 5TH ST
DULUTH,MN55806
  PC RENOVATION 2022 87,500

THE REDEMPTION PROJECT

8011 34TH AVE S SUITE C-11
BLOOMINGTON,MN55425
  PC GENERAL OPERATING SUPPORT 2023 50,000

THE SALVATION ARMY ADULT REHABILITATION CENTER

900 N 4TH ST
MINNEAPOLIS,MN55401
  PC CAPITAL CAMPAIGN 10,000

THE SANNEH FOUNDATION

2090 CONWAY STREET
ST PAUL,MN55119
  PC "LEAD THE WAY" CAPITAL CAMPAIGN 30,000

THE WORLD PRESS INSTITUTE

3415 UNIVERSITY AVE
ST PAUL,MN55114
  PC GENERAL OPERATING SUPPORT 5,000

TICKETS FOR KIDS CHARITIES

2038 FORD PARKWAY 428
ST PAUL,MN55116
  PC GENERAL OPERATING SUPPORT 5,000

TORAH ACADEMY

2800 JOPPA AVE SO
ST LOUIS PARK,MN55416
  PC GOS 2023, SECURITY, LEADER IN ME PROGRAM 25,000

TUBMAN

3111 FIRST AVE S
MINNEAPOLIS,MN55408
  PC GENERAL OPERATING SUPPORT 3,000

TWIN CITIES PUBLIC TELEVISION

172 E 4TH ST
ST PAUL,MN55101
  PC GENERAL OPERATING SUPPORT 5,000

UNION GOSPEL MISSION TWIN CITIES

77 9TH ST E
ST PAUL,MN55101
  PC GENERAL OPERATING SUPPORT 2023 15,000

UNIVERSITY OF MINNESOTA FOUNDATION

PO BOX 860266
MINNEAPOLIS,MN55486
  PC CENTER FOR THE ART OF MEDICINE NOCTURNIST PODCAST 10,000

UNIVERSITY OF WISCONSIN-RIVER FALLS FOUNDATION

410 S 3RD ST
RIVER FALLS,WI54022
  PC SCIENCE & TECHNOLOGY INNOVATION CENTER 25,000

URBAN BOATBUILDERS INC

2288 UNIVERSITY AVE W
ST PAUL,MN55114
  PC APPRENTICESHIP PROGRAM 5,000

URBAN VENTURES LEADERSHIP FOUNDATION

2924 4TH AVENUE SOUTH
MINNEAPOLIS,MN55408
  PC EMPOWER CAMPAIGN 30,000

VALLEY OUTREACH

1911 CURVE CREST BLVD W
STILLWATER,MN55082
  PC GENERAL OPERATING SUPPORT 2,500

VICTORIA THEATER ARTS CENTER

1430 CONCORDIA AVE
ST PAUL,MN55104
  PC CAPITAL CAMPAIGN 10,000

VOCALESSENCE

1900 NICOLLET AVE
MINNEAPOLIS,MN55403
  PC GENERAL OPERATING SUPPORT 5,000

WALKER WEST MUSIC ACADEMY

760 SELBY AVE
ST PAUL,MN55104
  PC CAPITAL CAMPAIGN 16,667

WASHBURN CENTER FOR CHILDREN

1100 GLENWOOD AVE
MINNEAPOLIS,MN55405
  PC ENSURING ACCESS PROGRAM 10,000

WASHINGTON COUNTY HISTORICAL SOCIETY

602 NORTH MAIN STREET
STILLWATER,MN55082
  PC WCHS HERITAGE CENTER 23,000

WASHINGTON COUNTY SHERIFF

PO BOX 3801
STILLWATER,MN55082
  GOV SHOP WITH A COP BACK TO SCHOOL EVENT 500

YMCA OF GREATER TWIN CITIES

651 NICOOLET MALL SUITE 500
MINNEAPOLIS,MN55402
  PC CHILDCARE SCHOLARSHIPS 25,000

YOUTH FRONTIERS INC

5215 EDINA INDUSTRIAL BLVD SUITE
400
MINNEAPOLIS,MN55439
  PC GOS 2023 & CHARACTER ACADEMY 35,000
Total .................................right arrow 3a 1,608,954
bApproved for future payment

AMERICAN CANCER SOCIETY
950 BLUE GENTIAN RD SUITE 100
EAGAN,MN55121
  PC RESEARCH, DEVELOPMENT AND HOPE LODGE 25,000

AMHERST H WILDER FOUNDATION
SAINT PAUL MN 55104
ST PAUL,MN55104
  PC WILDER CAMPAIGN FOR FAMILIES 12,500

ARTS PARTNERSHIP
620 N 1ST ST
MINNEAPOLIS,MN55401
  SO I ALL FOR ONE CAMPAIGN 160,000

BIG BROTHER BIG SISTER OF THE GREATER TWIN CITIES
3110 WASHINGTON AVE N
ST PAUL,MN55411
  PC BBBS REALIZING POTENIAL CAMPAIGN 33,333

COMMUNITY OF RECOVERING PEOPLE
1221 WAYZATA BLVD EAST
WAYZATA,MN55391
  PC PHASE 3 PLEDGE 40,000

FREEDOM FOUNDATION OF MINNESOTA
520 NICOLLET MALL STE 510
MINNEAPOLIS,MN55402
  PC GENERAL OPERATING SUPPORT 20,000

FRIENDS OF EAST AFRICA FOUNDATION
2130 SUMMIT AVENUE
ST PAUL,MN55105
  PC MATCHING PLEDGE 11,750

GILLETTE CHILDREN'S HOSPITAL FOUNDATION
200 UNIVERSITY AVE E
ST PAUL,MN55101
  PC GATEWAY PLAZA 75,000

GREATER TWIN CITIES UNITED WAY
404 S 8TH ST
MINNEAPOLIS,MN55404
  PC 80X3 RESILENT FROM THE START 40,000

HAMM MEMORIAL PSYCHIATRIC CLINIC
408 ST PETER ST STE 429
ST PAUL,MN55102
  PC CHEMICAL DEPENDANCY ASSESSMENT SERVICE 25,000

HAMM MEMORIAL PSYCHIATRIC CLINIC
408 ST PETER ST STE 429
ST PAUL,MN55102
  PC RELOCATION AND EXPANSION OF HAMM CLINIC 20,000

REGIONS HOSPITAL FOUNDATION&R&&N&
640 JACKSON ST
ST PAUL,MN55101
  PC REGIONS RESPONDS FIRST COMPAIGN 150,000

ST CLOUD STATE UNIVERSITY FOUNDATION
720 FOURTH AVE SO
ST CLOUD,MN56301
  PC MASS COMMUNICATIONS PLEDGE 10,000

ST OLAF COLLEGE
1520 ST OLAF AVE
NORTHFIELD,MN55057
  PC IN HONOR OF DIDRIKKE A. O. STUB 100,000

SALVATION ARMY KROC CENTER
6845 UNIVERSITY AVE
SAN DIEGO,CA92115
  PC EXPAND EQUINE ASSISTED SERVICES 100,000

UNIVERSITY OF MINNESOTA FOUNDATION
200 OAK STREET SE SUITE 500
MINNEAPOLIS,MN55455
  PC INVESTIGATIONS OF MS TREATMENT 75,000

UNIVERSITY OF WISCONSIN-RIVER FALLS FOUNDATION
410 S 3RD ST
RIVER FALLS,MN54022
  PC SCIENCE AND TECHNOLOGY INNOVATION CENTER 75,000

URBAN VENTURES LEADERSHIP FOUNDATION
2924 4TH AVENUE SOUTH
MINNEAPOLIS,MN55408
  PC EMPOWER CAMPAIGN PLEDGE 30,000

VESTIBULAR DISORDERS ASSOCIATION OF AMERICA
5018 NE 15TH AVE
PORTLAND,OR97211
  PC VESTIBULAR CONFERENCE 7,500

WASHINGTON COUNTY HISTORICAL SOCIETY
602 NORTH MAIN STREET
STILLWATER,MN55082
  PC WCHS HERITAGE CENTER 23,000

YMCA OF THE NORTH
651 NICOOLET MALL SUITE 500
MINNEAPOLIS,MN55402
  PC CHILDCARE SCHOLARSHIPS 75,000

HUDSON HOCKEY ASSOCIATION
N8888 COUNTY RD Y
RIVER FALLS,WI54022
  PC CAPITAL CAMPAIGN FOR CIVIC CENTER 25,000

MINNESOTA ZOOLOGICAL GREEN
13000 ZOO BOULEVARD
APPLE VALLEY,MN55124
  PC TREETOP TRAIL 75,000

NEIGHBORHOOD DEVELOPMENT CENTER
663 UNIVERSITY AVE SUITE 200
ST PAUL,MN55104
  PC CAPITAL PLEDGE 30,000

OPEN ARMS OF MINNESOTA
2500 BLOOOMINGTON AVE
MINNEAPOLIS,MN55404
  PC ARMS WIDER CPAITAL CAMPAIGN 30,000

THE SALVATION ARMY
900 N 4TH ST
MINNEAPOLIS,MN55401
  PC ADULT REHABILITATION CENTER 40,000

SANNEH FOUNDATIONTHE
2090 CONWAY STREET
ST PAUL,MN55119
  PC LEAD THE WAY CAPITAL PLEDGE 30,000

STUDIO-180
3017 4TH AVE SOUTH
MINNEAPOLIS,MN55408
  PC BUILDING PURCHASE AND RENOVATION 100,000

VICTORIA THEATER ARTS CENTER
1430 CONCORDIA AVE
ST PAUL,MN55104
  PC CAPITAL PLEDGE 20,000

WALKER WEST MUSIC ACADEMY
760 SELBY AVE
ST PAUL,MN55104
  PC CAPITAL PLEDGE 33,333

ALIA
100 UNIVERSITY AVE W 230
ST PAUL,MN55104
  PC GENERAL OPERATING SUPPORT 60,000
Total ................................. right arrow 3b 1,551,416
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 ...........
    14 299,879  
4 Dividends and interest from securities ....     14 486,752  
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 .....     14 674  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 1,445,923  
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 2,233,228 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,233,228
(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 HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Category Amount
N/A 0

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN HONDA FINANCE CORP 250,786 250,786
AMERICAN TOWER CORP 295,095 295,095
BANKOF AMERICACORP 99,614 99,614
CANADIAN NATIONAL RAILWAY CO 313,240 313,240
CATERPILLAR FINANCIAL SERVICES CORP 300,332 300,332
COMCAST CORP 196,549 196,549
DIAGEO CAPITAL PLC 302,868 302,868
ELI LILLY & CO 286,309 286,309
EXXON MOBIL CORP 242,969 242,969
FIFTH THIRD BANK NA 192,536 192,536
GOLDMAN SACHS GROUP INC/THE 249,263 249,263
GOLDMAN SACHS GROUP INC/THE 243,293 243,293
HSBC HOLDINGS PLC 199,245 199,245
HSBC HOLDINGS PLC 295,277 295,277
HSBC HOLDINGS PLC FXD TO 032024 VAR THRAFTR 199,201 199,201
ILLINOIS TOOL WORKS INC 249,146 249,146
JOHN DEERE CAPITAL CORP 352,144 352,144
JOHN DEERE CAPITAL CORP 355,499 355,499
LAM RESEARCH CORP 246,955 246,955
MICROSOFT CORP 146,570 146,570
PHILLIPS 66 196,942 196,942
SEAGATE HDD CAYMAN 215,178 215,178
SUMITOMO MITSUI FINANCIAL GROUP INC 266,978 266,978
TOYOTA MOTOR CORP 344,789 344,789
TOYOTA MOTOR CREDIT CORP 350,193 350,193
TRAVELERS COMPANIES INC COM (TRV) 265,408 265,408
UNION PACIFIC CORP (UNP) 302,064 302,064
US BANCORP 174,648 174,648
WELLS FARGO& CO 424,756 424,756
WELLS FARGO& CO 199,988 199,988

TY 2023 InvestmentsCorpStockSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES (ABT) 117,335 117,335
ABBOTT LABORATORIES (ABT) 41,386 41,386
ABBVIE INC COM (ABBV) 142,727 142,727
ABBVIE INC COM (ABBV) 80,584 80,584
ACCENTURE PLC IRELAND CL A(ACN) 27,600 27,600
ACCENTURE PLC IRELAND CL A(ACN) 81,060 81,060
ACCENTURE PLCIRELAND CL A(ACN) 115,800 115,800
ACUSHNET HOLDINGS CORP (GOLF) 194,311 194,311
ADOBE INC (ADBE) 133,638 133,638
ADOBE INC (ADBE) 128,866 128,866
ADOBE INC (ADBE) 160,485 160,485
ADTRAN INC (ADTN) 4,742 4,742
ADVANCE AUTO PARTS (APP) 41,439 41,439
ADVANCED MICRODEVICES (AMD) 64,271 64,271
ADVANTEST CORP NEW (ATEYY) 53,489 53,489
ADYEN NV UNSPONSRED ADR (ADYEY) 94,475 94,475
AIR PROD & CHEM INC (APD) 94,461 94,461
AIRBNB INC CL A (ABNB) 33,899 33,899
AKAMAI TECHNOLOGIES INC (AKAM) 151,606 151,606
ALCON INC (ALC) 86,869 86,869
ALEXANDER & BALDWIN INC (ALEX) 7,551 7,551
ALEXANDRIAREAL ESTATE EQ INC (ARE) 13,184 13,184
ALIGN TECHNOLOGY (ALGN) 17,762 17,762
ALNYLAM PHARMACEUTICALS INC (ALNY) 18,184 18,184
ALPHABET INC CL A(GOOGL) 324,360 324,360
ALPHABET INC CL C(GOOG) 269,599 269,599
AMAZON COM INC (AMZN) 327,279 327,279
AMAZON COM INC (AMZN) 496,236 496,236
AMB INDUSTRIES INCORPORATED (AMB) 17,618 17,618
AMERICAN EXPRESS CO (AXP) 67,068 67,068
AMERIPRISE FINCL INC (AMP) 136,739 136,739
AMERN AXLE & MFGHLDGS INC (AXL) 9,154 9,154
AMGEN INC (AMGN) 21,559 21,559
AMGEN INC (AMGN) 116,936 116,936
AMGEN INC (AMGN) 168,204 168,204
AMPHENOL CORP NEWCL A(APH) 70,481 70,481
ANALOG DEVICES INC (ADI) 90,543 90,543
ANSYS INC (ANSS) 118,299 118,299
AON PLC CL A(AON) 77,120 77,120
APPLE INC (AAPL) 11,551 11,551
APPLE INC (AAPL) 375,048 375,048
APPLE INC (AAPL) 515,403 515,403
ARCH CAPITAL GROUP LTD (ACGL) 62,907 62,907
ARISTA NETWORKS INC (ANET) 51,341 51,341
ARMSTRONG WORLD INDS INC NEW (AWI) 30,676 30,676
ARTISAN PARTNERS ASSET MGMT (APAM) 113,631 113,631
ASM INTERNATIONAL NV (ASMIY) 78,908 78,908
ASML HOLDINGNV NYREGNEW (ASML) 24,722 24,722
ASML HOLDINGNV NYREGNEW (ASML) 102,184 102,184
ASPEN TECHNOLOGY INC (AZPN) 78,153 78,153
ASSURED GUARANTYLTD (AGO) 25,068 25,068
ASTRAZENECA PLC ADR (AZN) 66,340 66,340
ATLAS COPCOAS AADR ANEW (ATLKY) 54,780 54,780
ATLASSIAN CORPORATION CL A (TEAM) 109,891 109,891
ATMOS ENERGY CP (ATO) 100,601 100,601
ATRION CORP (ATRI) 24,621 24,621
AUTODESK INC DELAWARE (ADSK 139,514 139,514
AUTODESK INC DELAWARE (ADSK 109,323 109,323
AUTOZONE INC (AZO) 128,014 128,014
AUTOZONE INC (AZO) 58,406 58,406
AVALONBAYCOMM INC (AVB) 18,610 18,610
AXIS CAPITAL HOLDINGS LTD (AXS) 20,764 20,764
BAE SYS PLC SPON ADR (BAESY) 78,540 78,540
BANCFIRST CORP (BANF) 82,536 82,536
BANKOF AMERICACORP (BAC) 82,424 82,424
BAXTER INTL INC (BAX) 15,425 15,425
BEACON ROOFINGSUPPLY INC (BECN) 30,718 30,718
BECTON DICKINSON & CO (BDX) 36,575 36,575
BERRYGLOBAL GROUP INC (BERY) 90,370 90,370
BEST BUYCO (BBY) 24,971 24,971
BLACK HILLS CORP (BKH) 27,137 27,137
BLACKROCK INC (BLK) 89,298 89,298
BLACKSTONE INC (BX) 118,614 118,614
BLACKSTONE INC (BX) 53,023 53,023
BRINK'S COMPANYCOM (BCO) 87,510 87,510
BRISTOL MYERS SQUIBB CO (BMY) 84,764 84,764
BROADCOM INC (AVGO) 185,298 185,298
BROADCOM INC (AVGO) 65,719 65,719
BROOKLINE BANCORP INC NEW (BRKL) 14,521 14,521
CABOT CORP (CBT) 54,192 54,192
CANADIAN NATURAL RESOURCES LTD (CNQ) 49,533 49,533
CANADIAN PACIFIC KANSAS CITY (CP) 129,579 129,579
CAPITAL ONE FINANCIAL CORP (COF) 12,983 12,983
CAPITAL ONE FINANCIAL CORP (COF) 124,695 124,695
CARTER'S (CRI) 25,088 25,088
CBOE GLOBAL MARKETS INC(CBOE) 77,674 77,674
CELANESE CORP SERIES A COM STK (CE) 18,800 18,800
CELSIUS HOLDINGS INC (CELH) 47,923 47,923
CENACORA INC (COR) 35,736 35,736
CHARLES SCHWAB NEW (SCHW) 79,877 79,877
CHATHAM LODGINGTRUST COM (CLDT) 11,063 11,063
CHENIERE ENERGY INC (LNG) 36,361 36,361
CHEVRON CORP (CVX) 85,916 85,916
CHIPOTLE MEXICAN GRILL INC COM (CMG) 85,354 85,354
CHUBB LTD (CB) 58,082 58,082
CISCOSYS INC (CSCO) 94,169 94,169
CITIZENS FINANCIAL GROUP INC (CFG) 118,906 118,906
CLEARWATER ANALYTICS HOLDINGS (CWAN) 80,541 80,541
CME GROUP INC (CME) 59,389 59,389
CMS ENERGYCP (CMS) 26,828 26,828
CNOFINL GROUP INC COM (CNO) 44,222 44,222
COCA COLA CO (KO) 46,731 46,731
COCACOLACO (KO) 99,297 99,297
COGNIZANT TECH SOLUTIONS CL A (CTSH) 36,330 36,330
COLUMBIASPORTSWEAR CO (COLM) 36,509 36,509
COMCAST CORP (NEW) CLASS A(CMCSA) 185,661 185,661
COMCAST CORP (NEW) CLASS A(CMCSA) 94,628 94,628
COMMERCE BANCSHARES (CBSH) 60,246 60,246
COMMSCOPE HOLDINGCOMPANY INC (COMM) 3,373 3,373
COMPASS GROUP PLC SPD ADR (CMPGY) 47,847 47,847
CONOCOPHILLIPS (COP) 134,177 134,177
CONOCOPHILLIPS (COP) 36,098 36,098
CONSTELLATION BRANDS INC CL A (STZ) 81,953 81,953
COPART INC (CPRT) 88,151 88,151
CORNING INC (GLW) 30,359 30,359
CORVEL CORP (CRVL) 186,644 186,644
CORVEL CORP (CRVL) 135,709 135,709
COSTCOWHOLESALE CORP NEW (COST) 212,546 212,546
COTERRA ENERGY INC (CTRA) 96,797 96,797
CROWN CASTLE INTL CORP (CCI) 78,329 78,329
CROWN HLDGS INC (HOLDINGCO) (CCK) 19,891 19,891
CULLEN FROST BANKERS INC (CFR) 5,440 5,440
CULLEN FROST BANKERS INC (CFR) 81,259 81,259
CUSHMAN & WAKEFIELD PLC (CWK) 8,716 8,716
CVS HEALTH CORP COM (CVS) 36,006 36,006
DANAHER CORPORATION (DHR) 118,215 118,215
DEERE & CO (DE) 48,384 48,384
DEERE & CO (DE) 49,184 49,184
DEVON ENERGY CORP NEW (DVN) 87,021 87,021
DOMINION ENERGY INC (D) 29,234 29,234
DONALDSON CO INC (DCI) 48,490 48,490
DOORDASH INC CL A (DASH) 42,028 42,028
DOVER CORP (DOV) 71,368 71,368
DRHORTON INC 9DHI) 44,530 44,530
DROPBOX INC CL A (DBX) 176,615 176,615
DUN & BRADSTREET HIDGS INC (DNB) 29,847 29,847
EAST WEST BANCORP (EWBC) 27,485 27,485
EATON CORP PLC SHS (ETN) 62,372 62,372
EATON CORP PLC SHS (ETN) 121,373 121,373
ECOLAB INC (ECL) 110,283 110,283
EDWARD LIFESCIENCES CORP (EW) 18,834 18,834
ELI LILLY & CO (LLY) 157,388 157,388
ELI LILLY & CO (LLY) 26,044 26,044
ELI LILLY& CO (LLY) 331,099 331,099
EMCOR GROUP INC (EME) 297,293 297,293
ENERGIZER HLDGS INC (ENR) 16,442 16,442
ENSTAR GROUP LTD (ESGR) 50,040 50,040
EOG RESOURCES INC (EOG) 68,579 68,579
EPAM SYSTEMS (EPAM) 38,357 38,357
EQUITYLIFESTYLE PROPERTIES (ELS) 65,179 65,179
EVOLUTION AB ADR (EVVTY) 72,171 72,171
EXACT SCIENCES CORP (EXAS) 47,347 47,347
EXPERIAN GP LTD ADR (EXPGY) 68,535 68,535
EXXON MOBIL CORP (XOM) 87,383 87,383
FACTSET RESEARCH SYSTEMS INC (FDS) 124,033 124,033
FASTENAL CO (FAST) 72,348 72,348
FERGUSON PLC (FERG) 81,282 81,282
FERRARI NV(RACE) 114,051 114,051
FIRST CITIZ BANCSHARES A (FCNCA) 46,082 46,082
FIRST HAWAIIAN INC (FHB) 118,095 118,095
FIRST HAWAIIAN INC (FHB) 44,450 44,450
FIRST HORIZON CORPORATION (FHN) 14,571 14,571
FIRST SOLAR INC COM (FSLR) 18,434 18,434
FNB CORPORATION (FNB) 103,702 103,702
FRANKLIN STREET PPTYS CORP (FSP) 5,747 5,747
FREEPORT-MCMORAN CL-B (FCX) 28,692 28,692
FRONTDOOR INC (FTDR) 10,214 10,214
FTI CONSULTINGINC (FCN) 267,857 267,857
GALLAGHER ARTHUR J & CO (AJG) 37,555 37,555
GENL DYNAMICS CORP (GD) 71,929 71,929
GENL DYNAMICS CORP (GD) 93,741 93,741
GENTHERM INC COM (THRM) 15,760 15,760
GRACO INC (GGG) 155,040 155,040
GRANITE CONSTR INC (GVA) 45,977 45,977
GRAPHIC PACKAGINGHOLDINGCO (GPK) 75,873 75,873
GREIF BROS CORP CL A(GEF) 25,777 25,777
HANESBRANDS INC (HBI) 19,602 19,602
HARTFORD FIN SERS GRP INC (HIG) 33,760 33,760
HCAHEALTHCARE INC (HCA) 15,858 15,858
HEICO CORP NEW (HEI) 85,142 85,142
HERSHEY COMPANY (HSY) 28,898 28,898
HILLENBRAND INC (HI) 13,063 13,063
HOME DEPOT INC (HD) 60,646 60,646
HOME DEPOT INC (HD) 129,610 129,610
HONEYWELL INTL INC (HON) 115,341 115,341
HOPE BANCORP, INC. (HOPE) 29,185 29,185
HORACE MANN EDUCATORS CP (HMN) 41,889 41,889
HUBSPOT INC (HUBS) 49,643 49,643
HUNTINGTON BANCSHARES (HBAN) 21,815 21,815
HYSTER-YALE MATLS HANDLINGA(HY) 3,918 3,918
ICICI BANK LTD (IBN) 62,532 62,532
ICON PLC (ICLR) 115,209 115,209
ICU MEDICAL INC (ICUI) 48,773 48,773
INTL BUSINESS MACHINES CORP (IBM) 39,088 39,088
INTUIT INC (INTU) 93,129 93,129
INTUIT INC (INTU) 83,129 83,129
INTUITIVE SURGICAL INC (ISRG) 25,341 25,341
JABIL CIRCUIT INC (JBL) 37,328 37,328
JACKHENRY& ASSOC INC (JKHY) 53,598 53,598
JAMES RIV GROUP HLDGS LTD (JRVR) 9,055 9,055
JANUS HENDERSON GROUP (JHG) 6,181 6,181
JELD WEN HLD INC (JELD) 53,846 53,846
JOHNSON & JOHNSON (JNJ) 100,470 100,470
JOHNSON & JOHNSON (JNJ) 79,467 79,467
KADANT INC (KAI) 141,557 141,557
KEMPER CORP DEL COM(KMPR) 70,718 70,718
KENNAMETAL INC (KMT) 12,586 12,586
KENVUE INC (KVUE) 108,619 108,619
KENVUE INC (KVUE) 27,128 27,128
KEYCORP NEW (KEY) 127,958 127,958
KEYSIGHT TECHNOLOGIES INC (KEYS) 95,454 95,454
KFORCE.COM (KFRC) 60,736 60,736
KITE RLTYGROUP TR (KRG) 40,325 40,325
KOPPERS HOLDINGS INC (KOP) 32,781 32,781
L OREAL CO ADR (LRLCY) 67,105 67,105
LAM RESEARCH CORPORATION (LRCX 57,834 57,834
LANDSTAR SYSTEM INC (LSTR) 161,891 161,891
LCI INDS(LCII) 99,562 99,562
LEIDOS HLDGS INC (LDOS) 79,773 79,773
LENNAR CORPORATION (LEN) 147,401 147,401
LINDE PLC (LIN) 65,303 65,303
LOWES COMPANIES INC (LOW) 35,831 35,831
LOWES COMPANIES INC (LOW) 69,213 69,213
LOWES COMPANIES INC (LOW) 87,907 87,907
LVMH MOET HENNESSYLOUIS VUITT (LVMUY) 65,316 65,316
MANHATTAN ASSOC INC (MANH) 216,612 216,612
MARRIOTT INTL INC NEW CL A (MAR) 96,293 96,293
MARSH & MCLENNAN COS INC (MMC) 105,914 105,914
MARSH & MCLENNAN COS INC (MMC) 20,273 20,273
MARTIN MARIETTAMATERIALS (MLM) 137,699 137,699
MASTERCARD INC CL A(MA) 167,618 167,618
MASTERCARD INC CL A(MA) 191,930 191,930
MATSON INC COM (MATX) 42,306 42,306
MAXIMUS INC (MMS) 22,223 22,223
MC DONALDS CORP (MCD) 169,900 169,900
MC DONALDS CORP (MCD) 65,232 65,232
MCKESSON CORP (MCK) 86,577 86,577
MEDTRONIC PLC SHS (MDT) 51,735 51,735
MEDTRONIC PLC SHS (MDT) 81,144 81,144
MERCADOLIBRE INC (MELI) 113,668 113,668
MERCADOLIBRE INC (MELI) 105,293 105,293
MERCK & CO INC NEW COM (MRK) 23,875 23,875
MERCK& CO INC NEWCOM (MRK) 107,494 107,494
META PLATFORMS INC CL A (FB) 361,747 361,747
METLIFE INCORPORATED (MET) 43,712 43,712
MICHELIN COMPAGNIE GENERALE DE (MGDDY) 94,289 94,289
MICROCHIP TECHNOLOGY INC (MCHP) 11,363 11,363
MICROCHIP TECHNOLOGY INC (MCHP) 132,565 132,565
MICROSOFT CORP (MSFT) 573,837 573,837
MICROSOFT CORP (MSFT) 72,200 72,200
MICROSOFT CORP (MSFT) 188,772 188,772
MICROSOFT CORP (MSFT) 826,160 826,160
MILLERKNOLL INC (MLKN) 32,870 32,870
MITSUBISHI UFJ FINCL GRP ADS (MUFG) 66,908 66,908
MODERNAINC (MRNA) 8,951 8,951
MODIVCARE INC (MODV) 12,449 12,449
MOELIS & COMPANYCL A(MC) 145,882 145,882
MONDELEZ INTL INC COM (MDLZ) 42,516 42,516
MONGODB INC CL A (MDB) 33,554 33,554
MONSTER BEVERAGE CORP NEWCOM (MNST) 26,385 26,385
MORGAN STANLEY (MS) 90,266 90,266
MORGAN STANLEY (MS) 31,052 31,052
MRC GLOBAL INC COM (MRC) 15,854 15,854
MSCI INC COM (MSCI) 15,838 15,838
NCR CORPORATION (NCR) 18,509 18,509
NCR VOYIX CORPORATION (VYX) 25,788 25,788
NESTLE SPON ADR REP REGSHR (NSRGY) 64,995 64,995
NETFLIX INC (NFLX) 198,160 198,160
NEUROCRINE BIOSCIENCES INC (NBIX) 144,014 144,014
NEXTERAENERGYINC (NEE) 55,091 55,091
NOMAD HLDGS LTD (NOMD) 28,476 28,476
NORFOLKSOUTHERN CORP (NSC) 91,006 91,006
NORTHROP GRUMMAN CP(HLDGCO) (NOC) 59,454 59,454
NORTHWESTERN CORP (NEW) 20,000 20,000
NOVO NORDISK A/S ADR (NVO) 138,933 138,933
NVIDIACORPORATION (NVDA) 356,063 356,063
NXP SEMICONDUCTORS NV (NXPI) 75,794 75,794
OLD NATL BANCORP IND (ONB) 108,687 108,687
OLIN CORPORATION (OLN) 51,253 51,253
ONSEMICONDUCTOR CORP (ON) 23,138 23,138
ORACLE CORP 120,612 120,612
ORACLE CORP (ORCL) 125,462 125,462
OSHKOSH CORP (OSK) 69,924 69,924
OTIS WORLDWIDE CORP (OTIS) 67,550 67,550
PALO ALTO NETWORKS INC (PANW) 52,784 52,784
PARKER HANNIFIN CORP (PH) 41,393 41,393
PARKER HANNIFIN CORP (PH) 162,166 162,166
PATTERSON -UTI ENERGYINC (PTEN) 26,665 26,665
PAYPAL HLDGS INC COM (PYPL) 161,754 161,754
PEBBLEBROOK HOTEL TR COM (PEB) 51,216 51,216
PEPSICO INC NC (PEP) 160,838 160,838
PEPSICO INC NC (PEP) 41,101 41,101
PFIZER INC (PFE) 22,456 22,456
PHILIP MORRIS INTL INC (PM) 80,344 80,344
PHYSICIANS REALTY TRUST (DOC) 37,175 37,175
PNC FINL SVCS GP (PNC) 62,714 62,714
PNC FINL SVCS GP (PNC) 92,910 92,910
PORTLAND GENERAL ELEC CO (POR) 29,124 29,124
PPGINDUSTRIES INC (PPG) 76,271 76,271
PRIMERICAINC (PRI) 217,283 217,283
PRIMOWTR CORP (PRMW) 36,632 36,632
PROCTER & GAMBLE (PG) 61,986 61,986
PROCTER & GAMBLE (PG) 96,130 96,130
PROGRESSIVE CORP OHIO (PGR) 33,449 33,449
PROLOGIS INC COM (PLD) 38,657 38,657
PUBLIC SERVICE ENTERPRISE GP (PEG) 29,413 29,413
QUALCOMM INC (QCOM) 120,332 120,332
QUANTA SERVICES INC (PWR) 39,923 39,923
RADIAN GROUP INC (RDN) 23,040 23,040
RANGE RESOURCES CORP (RRC) 29,101 29,101
RAYONIER INCORPORATED (RYN) 11,493 11,493
RBC BEARINGS INC (RBC) 146,718 146,718
REGENERON PHARMACEUTICALS INC (REGN) 145,796 145,796
REPUBLIC SERVICES INC (RSG) 106,202 106,202
REPUBLIC SERVICES INC (RSG) 38,259 38,259
RESIDEOTECHNOLOGIES INC (REZI) 48,913 48,913
REYNOLDS CONSUMER PRODS INC (REYN) 3,436 3,436
RIGHTMOVE PLC UNSPON ADR (RTMVY) 118,941 118,941
RLI CORP (RLI) 88,525 88,525
RPM INC (RPM) 106,718 106,718
RTX CORPORATION (RTX) 63,273 63,273
S&P GLOBAL INC COM (SPGI) 113,214 113,214
SAFRAN SA (SAFRY) 73,938 73,938
SALESFORCE INC (CRM) 123,413 123,413
SCHNEIDER ELEC SA UNSP ADR (SBGSY) 53,695 53,695
SCIENCE APPLICATIONS INTL CP (SAIC) 24,988 24,988
SEAGATE TECHNOLOGY HOLDINGS PLC (STX) 31,416 31,416
SERVICEB134,939.59NOW INC (NOW) 134,940 134,940
SERVICENOW INC (NOW) 60,911 60,911
SHOPIFY INC (SHOP) 108,593 108,593
SILGAN HOLDINGS INC (SLGN) 16,154 16,154
SIMMONS 1ST NATL ANEW (SFNC) 9,960 9,960
SIMPSON MANUFACTURINGCO INC (SSD) 337,754 337,754
SONY GROUP CORPORATION ADR (SONY) 109,935 109,935
SOUTHWEST GAS HOLDINGS INC (SWX) 40,101 40,101
SPIRE INC (SR) 74,309 74,309
SPOTIFY TECHNOLOGY SA (SPOT) 26,119 26,119
STARBUCKS CORP WASHINGTON (SBUX) 29,571 29,571
STARBUCKS CORP WASHINGTON (SBUX) 37,252 37,252
STERIS PLC (STE) 64,636 64,636
SYNOPSYS INC (SNPS) 114,310 114,310
SYNOPSYS INC (SNPS) 96,803 96,803
SYSCO CORP (SYY) 42,927 42,927
SYSCOCORP (SYY) 78,176 78,176
TEGNA INC COM (TGNA) 11,613 11,613
TELEDYNE TECH INC (TDY) 95,060 95,060
TEREXCP NEWDEL (TEX) 25,685 25,685
TESLAINC (TSLA) 177,415 177,415
TETRATECHNOLOGIES INC DEL (TTI) 10,292 10,292
TEXAS INSTRUMENTS (TXN) 117,106 117,106
TEXAS INSTRUMENTS (TXN) 47,217 47,217
THE CIGNA GROUP (CI) 52,703 52,703
THE ENSIGN GROUP INC (ENSG) 91,676 91,676
THOMSON REUTERS CORP (TRI) 55,710 55,710
TJX COS INC NEW (TJX) 61,539 61,539
TJXCOS INC NEW (TJX) 231,429 231,429
TOROCO (TTC) 170,190 170,190
TRADE DESK INC CLASS A (TTD) 53,035 53,035
TRANE TECHNOLOGIES PLC (TT) 76,585 76,585
TRANSDIGM GROUP INC (TDG) 92,838 92,838
TRAVELERS COMPANIES INC COM (TRV) 18,714 18,714
TRI POINTE GROUP INC (TPH) 35,294 35,294
TRINSEOS.A. (TSE) 3,741 3,741
UBER TECHNOLOGIES INC (UBER) 142,966 142,966
UBS GROUP AG SHS (UBS) 57,443 57,443
UFP INDUSTRIES INC (UFPI) 155,431 155,431
UNION PACIFIC CORP (UNP) 134,354 134,354
UNION PACIFIC CORP (UNP) 17,896 17,896
UNITED BANKSHARES INC WVA(UBSI) 18,550 18,550
UNITED PARCEL SER INC CL-B (UPS) 81,445 81,445
UNITEDHEALTH GP INC (UNH) 121,615 121,615
UNITEDHEALTH GP INC (UNH) 98,976 98,976
US BANCORP COM NEW (USB) 69,638 69,638
US BANCORP COM NEW (USB) 107,334 107,334
VALLEY NATL BANCORP (VLY) 44,624 44,624
VENTAS INC (VTR) 19,238 19,238
VERADIGM INC (MDRX) 8,486 8,486
VERALTO CORP (VLTO) 13,984 13,984
VERINT SYSTEMS INC (VRNT) 5,974 5,974
VERISK ANALYTICS INC COM (VRSK) 79,540 79,540
VERIZON COMMUNICATIONS (VZ) 25,410 25,410
VISA INC CL A (V) 153,607 153,607
WAFD INC (WAFD) 30,620 30,620
W W GRAINGER INC (GWW) 42,670 42,670
WALMART INC (WMT) 63,533 63,533
WALT DISNEYCOHLDGCO (DIS) 127,670 127,670
WASTE CONNECTIONS INC (WCN) 55,379 55,379
WATERS CORP (WAT) 106,341 106,341
WATTS WTR TECH INC A(WTS) 162,297 162,297
WELLS FARGO & CO NEW (WFC) 105,675 105,675
WESTERN ALLIANCE BANCORP (WAL) 14,408 14,408
WHITE MOUNTAIN GRP BERMUDA(WTM) 62,726 62,726
WORKDAY INC CL A (WDAY) 50,243 50,243
XCEL ENERGY INC (XEL) 41,294 41,294
XCEL ENERGYINC (XEL) 100,480 100,480
XYLEM INC COM (XYL) 99,951 99,951
ZOETIS INC CLASS-A (ZTS) 121,383 121,383

TY 2023 InvestmentsGovtObligationsSch
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
US Government Securities - End of Year Book Value:

103,649
US Government Securities - End of Year Fair Market Value:

103,649
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 OtherExpensesSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS EXPENSE 523 0   523


TY 2023 OtherIncomeSchedule2
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
  674 674 674


TY 2023 OtherIncreasesSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Description Amount
UNREALIZED GAIN/(LOSS) ON INVESTMENTS 4,839,213


TY 2023 OtherLiabilitiesSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Description Beginning of Year - Book Value End of Year - Book Value
ACCRUED PAYROLL 0 15,000


TY 2023 OtherProfessionalFeesSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 41,210 41,210   0
CONSULTING FEES 287,324 287,324   0


TY 2023 TaxesSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Q2 ESTIMATED TAX 12,500 0   0
MN FILING FEE 25 0   25
Q4 ESTIMATED TAX 8,000 0   0
Q3 ESTIMATED TAX PAYMENT 5,000 0   0