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
W SECOND GROWTH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)30 E SEVENTH STREET SUITE 2000
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST PAUL, MN55101
A Employer identification number

83-3352641
B Telephone number (see instructions)

(651) 215-0935
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$7,684,082J 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      
4 Dividends and interest from securities... 136,946 135,713  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -75,761
b Gross sales price for all assets on line 6a 1,818,825
7 Capital gain net income (from Part IV, line 2)... 13,322
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
71,116 73,465  
12 Total. Add lines 1 through 11........ 132,301 222,500  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
38,535 2,238   34,798
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1 3,752   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26 0   26
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 38,562 5,990   34,824
25 Contributions, gifts, grants paid....... 360,000 361,500
26 Total expenses and disbursements. Add lines 24 and 25 398,562 5,990   396,324
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -266,261
b Net investment income (if negative, enter -0-) 216,510
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.............      
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,003,991 Click to see attachment
List of Attached Documents:
// Content
3,338,535 		4,013,600
c Investments—corporate bonds (attach schedule)....... 1,246,309 Click to see attachment
List of Attached Documents:
// Content
1,123,435 		985,879
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).......... 1,053,485 Click to see attachment
List of Attached Documents:
// Content
1,576,999 		2,684,603
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) 6,303,785 6,038,969 7,684,082
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 6,303,785 6,038,969
29 Total net assets or fund balances (see instructions)..... 6,303,785 6,038,969
30 Total liabilities and net assets/fund balances (see instructions). 6,303,785 6,038,969
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
6,303,785
2
Enter amount from Part I, line 27a .....................
2
-266,261
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,445
4
Add lines 1, 2, and 3 ..........................
4
6,038,969
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
6,038,969
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 LONG TERM DISTRIBUTION      
b PUBLICLY TRADED SECURITIES      
c PUBLICLY TRADED SECURITIES      
d WASH SALE ADJUSTMENTS      
e PARTNERSHIP INCOME (INFORMATION AVAILABLE UPON REQUEST) P    
PARTNERSHIP INCOME (INFORMATION AVAILABLE UPON REQUEST) P    
LITIGATION PROCEEDS      
(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 26,050     26,050
b 114,523   117,226 -2,703
c 1,587,662   1,688,277 -100,615
d 4,032     4,032
e 83,167     83,167
3,359     3,359
32     32
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       26,050
b       -2,703
c       -100,615
d       4,032
e       83,167
      3,359
      32
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 13,322
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 3,009
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 3,009
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 3,009
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,800
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 126
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 1,665
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow1,665 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
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 arrowFIDUCIARY COUNSELLING INC Telephone no.right arrow (651) 228-0935

Located atright arrow30 E 7TH STREET SUITE 2000ST PAULMN ZIP+4right arrow55101
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
FREDERICK CW KING SECRETARY/DIRECTOR
1.00 		0 0 0
30 E 7TH ST SUITE 2000
ST PAUL,MN55101
ANNE E ZACCARO VICE PRES/DIRECTOR
1.00 		0 0 0
30 E 7TH ST SUITE 2000
ST PAUL,MN55101
ELLEN R MIDDLETON PRESIDENT/DIRECTOR
1.00 		0 0 0
30 E 7TH ST SUITE 2000
ST PAUL,MN55101
RADELL C RASMUSSEN TREASURER/DIRECTOR
1.00 		0 0 0
30 E 7TH ST SUITE 2000
ST PAUL,MN55101
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,445,181
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
2,171,677
d
Total (add lines 1a, b, and c).........................
1d
7,616,858
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
7,616,858
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
114,253
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,502,605
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
375,130
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
375,130
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,009
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
2,023
c
Add lines 2a and 2b............................
2c
5,032
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
370,098
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
370,098
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
370,098
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
396,324
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
396,324
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 7 370,098
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 349,203
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 396,324
a Applied to 2022, but not more than line 2a 349,203
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..... 47,121
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 .......... 		322,977
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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

ANNIE WRIGHT SCHOOLS

827 NORTH TACOMA AVENUE
TACOMA,WA984032832 		  PC THE ANNUAL FUND 5,000

BAYLOR SCHOOL

171 BAYLOR SCHOOL ROAD
CHATTANOOGA,TN374052506 		  PC CUSHMAN LECTURE SERIES 5,000

BOYS AND GIRLS CLUB OF THE COASTAL PLAIN

621 WEST FIRE TOWER ROAD
WINTERVILLE,NC285909232 		  PC BEAUFORT COUNTY CHAPTER 4,000

BROOKS SCHOOL

1160 GREAT POND ROAD
NORTH ANDOVER,MA018451206 		  PC BROOKS FUND 8,000

CAMP MISHAWAKA

PO BOX 368 / 21525 MISHAWAKA ROAD
GRAND RAPIDS,MN55744 		  PC GENERAL OPERATING SUPPORT 1,500

CAMP MISHAWAKA

PO BOX 368 / 21525 MISHAWAKA ROAD
GRAND RAPIDS,MN55744 		  PC CAPITAL PROJECT FUND 2,000

CATHOLIC UNIVERSITY OF AMERICA

COLUMBUS SCHOOL OF LAW 3600 JOHN
MCCORMACK ROAD NE SUITE 339
WASHINGTON,DC20064 		  PC COLUMBUS SCHOOL OF LAW ANNUAL FUND 5,000

CETOS RESEARCH ORGANIZATION

51 KEBO RIDGE ROAD
BAR HARBOR,ME046091313 		  PC VIVA VAQUITA 5,000

CHIEF SEATTLE CLUB

410 2ND AVENUE EXTENSION SOUTH
SEATTLE,WA98104 		  PC GENERAL OPERATING SUPPORT 10,000

COLBY COLLEGE

COLLEGE ADVANCEMENT 4363 MAYFLOWER
HILL
WATERVILLE,ME049018841 		  PC DARE NORTHWARD CAMPAIGN 8,000

EAGLE'S WINGS

PO BOX 426
WASHINGTON,NC278890426 		  PC UNRESTRICTED SUPPORT 10,000

EVERGREEN STATE COLLEGE FOUNDATION

2700 EVERGREEN PARKWAY NORTHWEST
OLYMPIA,WA985050001 		  PC THE ANNUAL FUND 10,000

FOREST HISTORY SOCIETY

2925 ACADEMY ROAD
DURHAM,NC277059311 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF VIVIAN PIASECKI 2,500

FOREST HISTORY SOCIETY

2925 ACADEMY ROAD
DURHAM,NC277059311 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF VIVIAN PIASECKI 3,000

FOREST HISTORY SOCIETY

2925 ACADEMY ROAD
DURHAM,NC277059311 		  PC GENERAL OPERATING SUPPORT 3,000

FOREST HISTORY SOCIETY

2925 ACADEMY ROAD
DURHAM,NC277059311 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF VIVIAN PIASECKI 2,500

FOREST HISTORY SOCIETY

2925 ACADEMY ROAD
DURHAM,NC277059311 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF VIVIAN PIASECKI 400

FOREST HISTORY SOCIETY

2925 ACADEMY ROAD
DURHAM,NC277059311 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF VIVIAN PIASECKI 300

FOREST HISTORY SOCIETY

2925 ACADEMY ROAD
DURHAM,NC277059311 		  PC GENERAL OPERATING SUPPORT 5,000

FOSTER CARE TO SUCCESS

23811 CHAGRIN BOULEVARD SUITE 210
BEACHWOOD,OH441225555 		  PC COMMUNITY NOW 8,000

FRESH ENERGY

408 SAINT PETER STREET SUITE 350
SAINT PAUL,MN551021125 		  PC GENERAL OPERATING SUPPORT 2,000

FURBALL FARM

3405 220TH STREET EAST
FARIBAULT,MN550218127 		  PC AREA OF GREATEST NEED 5,000

GEORGE JACKSON ACADEMY

104 ST MARKS PLACE
NEW YORK,NY10009 		  PC GENERAL OPERATING SUPPORT 3,500

GIVE MERIT

10100 GRAND RIVER AVENUE
DETROIT,MI482042042 		  PC GENERAL OPERATING SUPPORT 4,500

GRACE CHURCH SCHOOL

86 4TH AVENUE
NEW YORK,NY100035232 		  PC THE ANNUAL FUND 2,000

GREAT RIVER PASSAGE CONSERVANCY

370 WABASHA STREET NORTH SUITE 540
SAINT PAUL,MN551021331 		  PC MISSISSIPPI RIVER LEARNING CENTER 2,000

GREATER BOSTON FOOD BANK

70 SOUTH BAY AVENUE
BOSTON,MA021182704 		  PC GENERAL OPERATING SUPPORT 8,000

THE HAITIAN PROJECT

PO BOX 6891
PROVIDENCE,RI029406891 		  PC GENERAL OPERATING SUPPORT 3,000

HANDS ON CHILDRENS MUSEUM

414 JEFFERSON STREET NE
OLYMPIA,WA985011124 		  PC CAPITAL CAMPAIGN 10,000

HAZELDEN BETTY FORD FOUNDATION

PO BOX 11
CENTER CITY,MN550120011 		  PC UNRESTRICTED SUPPORT FOR THE PLYMOUTH CENTER FOR YOUTH AND FAMILIES 15,000

MACALESTER COLLEGE

1600 GRAND AVENUE
SAINT PAUL,MN551051801 		  PC MACALESTER FUND 7,500

MARYMOUNT SCHOOL OF NEW YORK

1026 5TH AVENUE
NEW YORK,NY100280106 		  PC CAPITAL CAMPAIGN 5,000

MINNESOTA HISTORICAL SOCIETY

345 W KELLOGG BOULEVARD
SAINT PAUL,MN551021903 		  PC UNRESTRICTED SUPPORT FOR THE MANUSCRIPTS COLLECTION AND ITS CURATOR 7,500

MISSISSIPPI PARK CONNECTION

111 KELLOGG BOULEVARD EAST SUITE
105
SAINT PAUL,MN551011239 		  PC GENERAL OPERATING SUPPORT 15,000

MULTICARE HEALTH FOUNDATION

PO BOX 5296 MAIL STOP 1313-3-FND
TACOMA,WA984150296 		  PC MULTICARE CAPITAL FOUNDATIONS FOR WOMENS HEALTH 5,000

NATIVE AMERICAN HERITAGE ASSOCIATION

PO BOX 512
RAPID CITY,SD57709 		  PC GENERAL OPERATING SUPPORT 8,000

NEIGHBORHOOD HOUSE

179 ROBIE STREET EAST
SAINT PAUL,MN551072360 		  PC GENERAL OPERATING SUPPORT 5,000

NORTHLAND COLLEGE

ATTN ADVANCEMENT 1411 ELLIS AVENUE
ASHLAND,WI548063925 		  PC THE ANNUAL FUND 5,000

NORTHLAND COLLEGE

ATTN ADVANCEMENT 1411 ELLIS AVENUE
ASHLAND,WI548063925 		  PC THE ANNUAL FUND 3,500

OPEN DOOR COMMUNITY CENTER

1240 COWELL FARM ROAD
WASHINGTON,NC278893440 		  PC GENERAL OPERATING SUPPORT 6,500

PLANNED PARENTHOOD FEDERATION OF AMERICA (PPFA)

123 WILLIAM STREET 10TH FLOOR
NEW YORK,NY100383844 		  PC GENERAL OPERATING SUPPORT 5,000

PLANNED PARENTHOOD FEDERATION OF AMERICA (PPFA)

123 WILLIAM STREET 10TH FLOOR
NEW YORK,NY100383844 		  PC GENERAL OPERATING SUPPORT 7,500

PROVIDENCE ST PETER FOUNDATION

413 LILLY ROAD NE
OLYMPIA,WA985065166 		  PC FUNDING FOR STAFF AND TRAINED VOLUNTEERS TO BE WITH PATIENTS AT END OF LIFE 5,000

THE RAPTOR CENTER

1920 FITCH AVENUE
ST PAUL,MN55108 		  PC GENERAL OPERATING SUPPORT 24,500

SAMARITAN'S PURSE

PO BOX 3000
BOONE,NC286073000 		  PC WHERE MOST NEEDED 5,000

SECOND HARVEST HEARTLAND

7101 WINNETKA AVENUE NORTH
BROOKLYN PARK,MN554281619 		  PC GENERAL OPERATING SUPPORT IN HONOR OF LOIS MARRINAN 500

SECOND HARVEST HEARTLAND

7101 WINNETKA AVENUE NORTH
BROOKLYN PARK,MN554281619 		  PC GENERAL OPERATING SUPPORT IN HONOR OF LOIS MARRINAN 500

SECOND HARVEST HEARTLAND

7101 WINNETKA AVENUE NORTH
BROOKLYN PARK,MN554281619 		  PC GENERAL OPERATING SUPPORT IN HONOR OF LOIS MARRINAN 500

SECOND HARVEST HEARTLAND

7101 WINNETKA AVENUE NORTH
BROOKLYN PARK,MN554281619 		  PC GENERAL OPERATING SUPPORT IN HONOR OF LOIS MARRINAN 400

SECOND HARVEST HEARTLAND

7101 WINNETKA AVENUE NORTH
BROOKLYN PARK,MN554281619 		  PC GENERAL OPERATING SUPPORT IN HONOR OF LOIS MARRINAN 500

SECOND HARVEST HEARTLAND

7101 WINNETKA AVENUE NORTH
BROOKLYN PARK,MN554281619 		  PC GENERAL OPERATING SUPPORT IN HONOR OF LOIS MARRINAN 400

SECOND HARVEST HEARTLAND

7101 WINNETKA AVENUE NORTH
BROOKLYN PARK,MN554281619 		  PC GENERAL OPERATING SUPPORT IN HONOR OF LOIS MARRINAN 500

SECOND HARVEST HEARTLAND

7101 WINNETKA AVENUE NORTH
BROOKLYN PARK,MN554281619 		  PC GENERAL OPERATING SUPPORT IN HONOR OF LOIS MARRINAN 500

ST JUDE CHILDREN'S RESEARCH HOSPITAL

262 DANNY THOMAS PLACE
MEMPHIS,TN381053678 		  PC GENERAL OPERATING SUPPORT 8,000

UNITED WAY OF BEAUFORT COUNTY

113 EAST 15TH STREET
WASHINGTON,NC27889 		  PC GENERAL OPERATING SUPPORT 7,000

WHITE PASS COUNTY HISTORICAL SOCIETY

PO BOX 958 12990 US HIGHWAY 12
PACKWOOD,WA98361 		  PC HIGH ROCK FIRE LOOKOUT RESTORATION 10,000

WORLD BICYCLE RELIEF

1000 WEST FULTON MARKET 4TH FLOOR
CHICAGO,IL606071299 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF GREG PIASECKI 2,500

WORLD BICYCLE RELIEF

1000 WEST FULTON MARKET 4TH FLOOR
CHICAGO,IL606071299 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF GREG PIASECKI 5,000

WORLD BICYCLE RELIEF

1000 WEST FULTON MARKET 4TH FLOOR
CHICAGO,IL606071299 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF GREG PIASECKI 2,500

WORLD BICYCLE RELIEF

1000 WEST FULTON MARKET 4TH FLOOR
CHICAGO,IL606071299 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF GREG PIASECKI 200

WORLD BICYCLE RELIEF

1000 WEST FULTON MARKET 4TH FLOOR
CHICAGO,IL606071299 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF GREG PIASECKI 5,000

WORLD BICYCLE RELIEF

1000 WEST FULTON MARKET 4TH FLOOR
CHICAGO,IL606071299 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF GREG PIASECKI 300

WORLD BICYCLE RELIEF

1000 WEST FULTON MARKET 4TH FLOOR
CHICAGO,IL606071299 		  PC GENERAL OPERATING SUPPORT IN MEMORY OF GREG PIASECKI 4,500

WORLD BICYCLE RELIEF

1000 WEST FULTON MARKET 4TH FLOOR
CHICAGO,IL606071299 		  PC GENERAL OPERATING SUPPORT 5,000

YALE SCHOOL OF THE ENVIRONMENT

OFFICE OF DEVELOPMENT AND ALUMNI
SERVICES 205 PROSPECT STREET 2ND FL
NEW HAVEN,CT06511 		  PC MARGARET RASMUSSEN KING SCHOLARSHIP FUND AT YALE SCHOOL OF THE ENVIRONMENT 10,000

YMCA OF THE NORTH

NW 5901 PO BOX 1450
MINNEAPOLIS,MN55485 		  PC CAMP WARREN 2,500

YMCA OF THE NORTH

NW 5901 PO BOX 1450
MINNEAPOLIS,MN55485 		  PC CAMP WARREN 5,000

YWCA CAMBRIDGE

7 TEMPLE STREET
CAMBRIDGE,MA021392403 		  PC GENERAL OPERATING SUPPORT 8,000

MAYDAY FOUNDATION

3403 STEAMBOAT ISLAND ROAD
NORTHWEST 337
OLYMPIA,WA985024876 		  PF GENERAL OPERATING SUPPORT 2,500

NORTHLAND COLLEGE

ATTN ADVANCEMENT 1411 ELLIS AVENUE
ASHLAND,WI548063925 		  PC THE ANNUAL FUND 10,000

WISE TROPICS INC

4 SAINT GEORGE GLEN DRIVE
EAST SETAUKET,NY117331902 		  PC MADAWORKS 1,500
Total .................................right arrow 3a 361,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 136,946  
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 .....     01 71,116  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -75,761  
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) .. 0 132,301 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
132,301
(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.)
11A SOFTWARE INCLUSION
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
W SECOND GROWTH FOUNDATION
EIN:
83-3352641
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & TAX FEES 38,535 2,238   34,798
AUDIT FEES 0 0   0

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

TY 2023 ExpenditureResponsibilityStmt
Name:
W SECOND GROWTH FOUNDATION
EIN:
83-3352641
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
MAYDAY FOUNDATION
  		3403 STEAMBOAT ISLAND ROAD
NORTHWEST 337
OLYMPIA,WA98502 		2023-11-10 2,500 FOR GENERAL SUPPORT OF THE MAYDAY FOUNDATION PROVIDED NEITHER THE GRANT NOR THE INCOME THERE FROM IS USED FOR ANY PURPOSE OTHER THAN THOSE DESCRIBED IN IRC SECTION 170(C)(2)(B). THE MAYDAY FOUNDATION IS A PRIVATE, GRANT-MAKING FOUNDATION THAT DOES NOT CONDUCT ANY PROGRAMS OF ITS OWN. SINCE THIS GRANT WAS MADE FOR GENERAL SUPPORT, THE EXPENDITURE RESPONSIBILITY AGREEMENT DID NOT PROVIDE THAT THE PRINCIPAL ANDINCOME, IF ANY, FROM THE GRANT FUNDS WOULD HAVE TO BE EXPENDED FOR ANY PARTICULAR PURPOSE OR WITHIN ANY SPECIFIC PERIOD OF TIME 2,500 THE GRANTEE HAS NOT DIVERTED ANY PORTION FROM THE PURPOSE OF THE GRANT. 11/1/24 2024-11-01 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT. TO THE KNOWLEDGE OF THE GRANTOR, NEITHER PRINCIPAL NOR THE INCOME FROM THE GRANT FUNDS HAS BEEN USED FOR ANY PURPOSE WHICH WOULD RESULT IN TAX UNDER IRC SECTION 4945(D).

TY 2023 InvestmentsCorpBondsSchedule
Name:
W SECOND GROWTH FOUNDATION
EIN:
83-3352641
Name of Bond End of Year Book Value End of Year Fair Market Value
GUGGENHEIM TOTAL RETURN BOND FD INSTL 388,354 330,747
PERFORMANCE TRUST STRATEGIC BOND FD 380,688 329,075
PIMCO INCOME FUND INSTITUTIONAL FUND 354,393 326,057

TY 2023 InvestmentsCorpStockSchedule
Name:
W SECOND GROWTH FOUNDATION
EIN:
83-3352641
Name of Stock End of Year Book Value End of Year Fair Market Value
FIDELITY GOVT CASH RESERVE 69,901 69,901
TORTOISE MLP AND PIPELINE FD 122,838 199,476
VANGUARD 500 INDEX FD ADM 365,442 468,834
VANGUARD PRIMCAP CORE FD 209,717 367,466
VANGUARD SELECTED VALUE FD 170,368 193,359
CLEARWATER SELECT EQUITY FUND 416,261 588,613
CLEARWATER INTERNATIONAL FUND 819,914 973,934
AQR EMERGING MULTI STYLE FUND CL II 141,200 160,234
VANGUARD EMERGING MKTS STK INDEX INSTL 144,273 137,466
WCM FOCUSED EMERGING MARKETS FUND INSTL 123,621 100,978
CLEARWATER DIVERSIFYING STRATEGIES OFFSHORE FUND 755,000 753,339

TY 2023 InvestmentsOtherSchedule2
Name:
W SECOND GROWTH FOUNDATION
EIN:
83-3352641
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CLEARWATER OPPORTUNITY FUND LLLP AT COST 338,975 355,259
CLEARWATER PRIVATE OPPORTUNITY FUND V AT COST 10,400 462,843
CLEARWATER PRIVATE OPPORTUNITY FUND VI AT COST 210,000 332,202
CLEARWATER PRIVATE OPPORTUNITY FUND VII AT COST 169,500 173,692
NORTHCOAST MEZZANINE SBIC III LP AT COST 213,750 238,870
SPELL CAPITAL MEZZANINE PARTNERS SBIC II LP AT COST 185,694 345,539
CLEARWATER PRIVATE OPPORTUNITY FUND VIII AT COST 21,000 19,433
CLEARWATER PRIVATE OPPORTUNITY FUND III AT COST 0 38,575
CLEARWATER PRIVATE OPPORTUNITY FUND IV AT COST 0 97,295
SPELL CAPITAL MEZZANINE PARTNERS SBIC LP AT COST 0 116,327
FIDELITY ADV INTL AT COST 106,852 123,665
PRINCIPAL REAL AT COST 320,828 380,903

TY 2023 OtherExpensesSchedule
Name:
W SECOND GROWTH FOUNDATION
EIN:
83-3352641
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING FEES 26 0   26


TY 2023 OtherIncomeSchedule2
Name:
W SECOND GROWTH FOUNDATION
EIN:
83-3352641
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
2022 FEDERAL TAX REFUND 1,524 0 1,524
PARTNERSHIP INCOME (INFORMATION AVAILABLE UPON REQUEST) 69,592 73,465 69,592


TY 2023 OtherIncreasesSchedule
Name:
W SECOND GROWTH FOUNDATION
EIN:
83-3352641
Description Amount
PRIOR PERIOD ADJUSTMENTS 1,445


TY 2023 TaxesSchedule
Name:
W SECOND GROWTH FOUNDATION
EIN:
83-3352641
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2022 FEDERAL TAX 1 0   0
FIDELITY FOREIGN TAXES WITHHELD 0 3,752   0