TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
C K BLANDIN RESIDUARY TRUST
C/O WELLS FARGO BANK NA

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 505 MAC H0006-092
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SAINT LOUIS, MO63166

A Employer identification number

41-6012374

B Telephone number (see instructions)

(855) 834-0350

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$437,458,161J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	10,911,403		8,205,135
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		405,752
b	Gross sales price for all assets on line 6a 56,732,128
7	Capital gain net income (from Part IV, line 2)...			2,690,634
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).......	List of Attached Documents: // Content	8,582	2,413,711
12	Total. Add lines 1 through 11........	11,325,737		13,309,480
13	Compensation of officers, directors, trustees, etc.	1,341,520		1,162,148	179,372
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	49,314	0	49,314
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	151,235	2,500	148,735
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	591,104	591,104	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,536,187	197,365	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	76,005	23,382	25
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	3,745,365		1,976,499	377,446
25	Contributions, gifts, grants paid.......	19,100,000			19,100,000
26	Total expenses and disbursements. Add lines 24 and 25	22,845,365		1,976,499	19,477,446
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-11,519,628
b	Net investment income (if negative, enter -0-)			11,332,981
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	39,628,308	11,032,074	11,032,074
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	24,152,983	List of Attached Documents: // Content 30,795,906	28,618,147
	b	Investments—corporate stock (attach schedule).......	173,456,592	List of Attached Documents: // Content 156,486,459	202,608,228
	c	Investments—corporate bonds (attach schedule).......	12,115,387	List of Attached Documents: // Content 14,880,516	13,932,626
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	152,803,729	List of Attached Documents: // Content 172,502,614	181,267,086
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	402,156,999	385,697,569	437,458,161
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	402,156,999	385,697,569
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	402,156,999	385,697,569
	30	Total liabilities and net assets/fund balances (see instructions).	402,156,999	385,697,569

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

402,156,999

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

-11,519,628

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

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

390,637,371

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

4,939,802

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

385,697,569

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	FLOW-THROUGH FROM PARTNERSHIPS	P	2022-01-01	2023-12-31
c	EURO SPOT	P	2022-01-01	2023-12-31
d	EURO FORWARD	P	2022-01-01	2023-12-31
e	DISTRIBUTION IN EXCESS OF BASIS - OAKTREE MEZZANINE FUND III, LP	P	2022-01-01	2023-12-31
	DISTRIBUTION IN EXCESS OF BASIS - EUROPEAN STRATEGIC PARTNERS II 'B', LP	P	2022-01-01	2023-12-31
	LOSS ON DISPOSITION OF ANRP II (AIV L-TKK), LP	P	2022-01-01	2023-12-31
	LOSS ON DISPOSITION OF OCM ASIA PRINCIPAL OPPORTUNITIES FUND, LP	P	2022-01-01	2023-12-31
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	54,196,761	53,777,461	419,300
b	2,260,572		2,260,572
c	91,715	91,942	-227
d	175,249	175,697	-448
e			3,319
			704
			-2
			-415
	7,831		7,831

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			419,300
b			2,260,572
c			-227
d			-448
e			3,319
			704
			-2
			-415
			7,831

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2,690,634
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	157,528
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	157,528
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	157,528
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	806,333
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	806,333
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	648,805
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax648,805	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

WELLS FARGO BANK NA Telephone no. right arrow

(855) 834-0350

Located at right arrow

100 N MAIN STREETWINSTONSALEMNC ZIP+4 right arrow

27101

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

Yes

If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment

List of Attached Documents:

// Content

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)
WELLS FARGO BANK NA	TRUSTEE 1.00	1,284,996
100 N MAIN STREET WINSTONSALEM,NC27101	TRUSTEE 1.00	1,284,996
JIM HOOLIHAN	TRUSTEE 4.25	56,524
917 NW 4TH AVE GRAND RAPIDS,MN55744	TRUSTEE 4.25	56,524

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...................				0

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
EDGEWOOD MANAGEMENT LLC	INVESTMENT MANAGER	166,434
535 MADISON AVE 15TH FLR NEW YORK,NY10022	INVESTMENT MANAGER	166,434
COHO PARTNERS LTD	INVESTMENT MANAGER	164,698
300 BERWYN PARK 801 CASSATT ROAD SUITE 100 BERWYN,PA19312	INVESTMENT MANAGER	164,698
RSM US LLP	ACCOUNTING SERVICES	151,235
227 W 1ST ST STE 700 DULUTH,MN55802	ACCOUNTING SERVICES	151,235
KAYNE ANDERSON RUDNICK	INVESTMENT MANAGER	109,456
2000 AVENUE OF THE STARS SUITE 1110 LOS ANGELES,CA90067	INVESTMENT MANAGER	109,456
DEMARCHE ASSOCIATES INC	INVESTMENT MANAGER	82,082
10975 GRANDVIEW DR SUITE 500 OVERLAND PARK,KS66210	INVESTMENT MANAGER	82,082

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

427,326,495

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

427,326,495

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

427,326,495

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

6,409,897

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

420,916,598

Minimum investment return. Enter 5% (0.05) of line 5................

21,045,830

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.)

Minimum investment return from Part IX, line 6..................

21,045,830

Tax on investment income for 2022 from Part V, line 5.......

157,528

Income tax for 2022. (This does not include the tax from Part V.) ...

484,177

Add lines 2a and 2b............................

641,705

Distributable amount before adjustments. Subtract line 2c from line 1............

20,404,125

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

20,404,125

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

20,404,125

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

19,477,446

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

19,477,446

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					20,404,125
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......
b From 2019......	596,659
c From 2020......	79,210
d From 2021......
e From 2022......	1,774,665
f Total of lines 3a through e ........		2,450,534
4Qualifying distributions for 2023 from Part
XI, line 4: $ 19,477,446
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.....					19,477,446
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		926,679			926,679
(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		1,523,855
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 ......		1,523,855
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....	1,523,855
e Excess from 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 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
C K BLANDIN FOUNDATION 100 N POKEGAMA AVENUE GRAND RAPIDS,MN55744	N/A	PF	TO SUPPORT DIRECT CHARITABLE ACTIVITIES, GRANTMAKING, AND SCHOLARSHIPS	19,100,000
Total ................................. 3a				19,100,000

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	10,911,403
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	690
8 Gain or (loss) from sales of assets other than inventory ............			18	405,752
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aSTATE TAX REFUNDS			01	500
bFEDERAL TAX REFUNDS			01	9
cFOREIGN TAX REFUND			01	7,383
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		11,325,737	0

13Total. Add line 12, columns (b), (d), and (e)..................

11,325,737

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	151,235	2,500		148,735

- TIN:

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

TY 2023 ExpenditureResponsibilityStmt

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

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
C K BLANDIN FOUNDATION	100 N POKEGAMA AVENUE GRAND RAPIDS,MN55744	2022-12-31	21,607,006	FOR THE GENERAL SUPPORT OF THE C. K. BLANDIN FOUNDATION	21,607,006	NONE	9/18/23	2023-09-18	THE TRUSTEES OF THE BLANDIN RESIDUARY TRUST ARE ROUTINELY GIVEN COPIES OF THE FINANCIAL REPORTS OF THE BLANDIN FOUNDATION EXPENDITURES. TO THE KNOWLEDGE OF THIS TRUST'S TRUSTEES, AND BASED ON THE INFORMATION AVAILABLE TO THEM, NO PORTION OF THE GRANTS MADE HAVE BEEN USED FOR OTHER THAN THE INTENDED PURPOSES OF THE GRANT. IN ADDITION, THE FOUNDATION HAS PROVIDED DETAILED REPORTS OF THE AMOUNTS THE FOUNDATION EXPENDED IN THE SUCCESSIVE YEAR AS QUALIFYING DISTRIBUTIONS VIA GRANTS PAID OUT AND ADMINISTRATIVE EXPENSES, AND THE TOTAL AMOUNT IN THE FOUNDATION'S CORPUS AS OF THE BEGINNING OF THE SUCCESSIVE YEAR FROM THE FIVE YEARS PRIOR TO THE SUCCESSIVE YEAR. THE DETAILED REPORTS OF THE GRANTS AND SCHOLARSHIPS PAID INCLUDE THE REPORTING NAME AND ADDRESSES OF GRANTEES, AND THE DATE EACH GRANT WAS DISBURSED.
C K BLANDIN FOUNDATION	100 N POKEGAMA AVENUE GRAND RAPIDS,MN55744	2023-12-31	19,100,000	FOR THE GENERAL SUPPORT OF THE C. K. BLANDIN FOUNDATION	19,100,000	NONE	8/9/24	2024-08-09	THE TRUSTEES OF THE BLANDIN RESIDUARY TRUST ARE ROUTINELY GIVEN COPIES OF THE FINANCIAL REPORTS OF THE BLANDIN FOUNDATION EXPENDITURES. TO THE KNOWLEDGE OF THIS TRUST'S TRUSTEES, AND BASED ON THE INFORMATION AVAILABLE TO THEM, NO PORTION OF THE GRANTS MADE HAVE BEEN USED FOR OTHER THAN THE INTENDED PURPOSES OF THE GRANT. IN ADDITION, THE FOUNDATION HAS PROVIDED DETAILED REPORTS OF THE AMOUNTS THE FOUNDATION EXPENDED IN THE SUCCESSIVE YEAR AS QUALIFYING DISTRIBUTIONS VIA GRANTS PAID OUT AND ADMINISTRATIVE EXPENSES, AND THE TOTAL AMOUNT IN THE FOUNDATION'S CORPUS AS OF THE BEGINNING OF THE SUCCESSIVE YEAR FROM THE FIVE YEARS PRIOR TO THE SUCCESSIVE YEAR. THE DETAILED REPORTS OF THE GRANTS AND SCHOLARSHIPS PAID INCLUDE THE REPORTING NAME AND ADDRESSES OF GRANTEES, AND THE DATE EACH GRANT WAS DISBURSED.

- TIN:

TY 2023 GeneralExplanationAttachment

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Identifier	Return Reference	Explanation
TRUSTEE COMPENSATION	FORM 990-PF, PART VII, LINE 1	THE CORPORATE TRUSTEE'S COMPENSTATION REPORTED IN COLUMN (C) IS CALCULATED BASED ON PERIODIC MARKET VALUES AND/OR THE APPLIABLE FEE ARRANGEMENT. IT IS NOT DETERMINDED ON AN HOURLY BASIS AND THE REFERENCE TO ONE HOUR PER WEEK IS A PLACEHOLDER ONLY. CORPORATE TRUSTEE SERVICES INCULDE, BUT ARE NOT LIMITED TO, ADMINISTRATIVE SERVICES SUCH AS FIDUCIARY ACCOUNTING, CUSTODY OF ASSETS, COMPLYING WITH TAX FILING REQUIREMENTS, COMPLYING WITH DISTRIBUTION PROVISIONS AND COMPLYING WITH FEDERAL AND STATE LAW APPLICABLE TO PRIVATE FOUNDATIONS, PLUS ASSET MANAGEMENT SERVICES SUCH AS CREATING ASSET ALLOCATION STRATEGIES, INVESTMENTS REPORTING, AND REALLOCATING AND REBALANCING OF PROFOLIOS AS NECESSARY.
2019 FORM 8986 ADJUSTMENT	FORM 990-PF, PART I, LINE 11	IN 2023, C. K. RESIDUARY TRUST RECEIVED FORM 8986 FROM ONE OF ITS PARTNERSHIP INVESTMENTS THAT REPORTED ADJUSTMENTS RELATED TO TAX YEAR 2019. THE FOUNDATION CALCULATED THE CHANGE IN UNRELATED BUSINESS INCOME TAX AND NET INVESTMENT INCOME TAX AS A RESULT OF THESEADJUSTMENTS.IN ACCORDANCE WITH THE FORM 990-T INSTRUCTIONS, THE CUMULATIVE CHANGE IN UNRELATED BUSINESS INCOME TAX IS REPORTED ON FORM 8978 WHICH IS ATTACHED TO THE FOUNDATION'S 2023 FORM 990-T.THE CUMULATIVE CHANGE IN NET INVESTMENT INCOME IS REPORTED ON THE FOUNDATION'S 2023 FORM 990-PF, PART I, LINE 11, COLUMN (B). DUE TO SOFTWARE LIMITATIONS, FORM 8978 COULD NOT BE ATTACHED TO FORM 990-PF.

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMAZON.COM INC 4.700% 12/01/32	472,720	513,770
AMGEN INC 5.150% 3/02/28	450,302	460,688
ANTHEM INC	843,113	735,930
CAPITAL ONE FINANCIA 3.750% 3/09/27	618,891	558,564
COMCAST CORP 4.150% 10/15/28	375,332	394,428
DISCOVER CARD EXECUT 3.560% 7/15/27	708,988	720,511
DUKE ENERGY CORP 2.550% 6/15/31	850,811	789,247
EXXON MOBIL CORPORAT 4.114% 3/01/46	348,381	401,090
GS MORTGAGE SECUR 4.466% 10/10/48	163,734	120,391
GS MORTGAGE SECURITI 3.727% 3/10/51	1,129,531	941,756
HCP INC 3.500% 7/15/29	859,363	802,234
LOCKHEED MARTIN CORP 5.700% 11/15/54	541,585	562,500
LOWE'S COS INC 3.100% 5/03/2027	442,134	430,812
MCDONALD'S CORP 3.700% 1/30/2026	385,571	378,494
MCKESSON CORP 5.100% 7/15/33	445,923	462,443
MICROSOFT CORP 2.921% 3/17/52	461,902	369,020
MORGAN STANLEY 4.375% 1/22/47	847,809	629,965
NASDAQ INC 3.950% 3/07/52	335,940	316,772
PFIZER INVESTMENT EN 4.750% 5/19/33	435,785	451,013
UBS COMMERCIAL MORTG 3.301% 10/15/50	835,083	725,317
UNITEDHEALTH GROUP INC 4.750% 07/15/2045	746,342	655,337
VERIZON COMMUNICATIO 4.016% 12/03/2029	979,228	870,201
VIRGINIA ELEC & POWE 3.150% 1/15/26	802,688	775,368
VR BANK OF AMERICA 2.687% 4/22/32	386,395	422,215
VR JPMORGAN CHASE 2.739% 10/15/30	412,965	444,560

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS	699,242	791,954
ACUSHNET HOLDINGS CORP	884,245	1,302,755
ADOBE INC	875,035	1,176,495
ADYEN N.V.	161,727	277,422
AIA GROUP LTD-SP	343,413	349,023
AIR LIQUIDE - ADR	165,032	269,067
AIRBNB INC	870,904	1,027,721
ALCON, INC.	272,187	326,542
ALFA LAVAL AB	243,559	332,434
ALLIANZ SE	799,693	939,061
AMBEV SA	285,017	223,689
AMERICAN TOWER	659,282	613,099
AMGEN INC	981,600	1,260,664
ARTISAN PARTNERS ASSET MANAGEM	620,169	752,165
ASML HOLDING NV-NY REG SHS ADR	903,241	1,045,307
ASPEN TECHNOLOGY INC COM	409,844	528,580
ASSA ABLOY AB	200,630	256,769
ATLAS COPCO AB SPONSORED ADR NEW REPSTG COM SER A	140,144	414,365
ATRION CORP	319,285	177,653
BANCFIRST CORP	468,171	546,313
BANCO BILBAO VIZCAYA ARGENT- ADR	327,334	445,834
BHP GROUP LTD-SPON ADR	630,858	574,009
BIONTECH SE	255,653	287,702
BLACKSTONE	685,682	982,947
CANADIAN NATL RR CO COM	181,015	239,953
CENCORA INC	1,062,275	1,746,757
CHEVRON CORP	899,107	1,155,692
CHIPOTLE MEXICAN GRILL INC	670,999	981,106
CHUGAI PHARMACEUTICAL CO LTD	483,038	731,305
CLEARWATER ANALYTICS HLDGS INC	484,181	531,236
COCA COLA CO	1,105,285	1,157,032
CONAGRA BRANDS INC	1,001,515	837,560
CORVEL CORP	848,755	1,214,543
CREDICORP LTD	192,996	206,604
CVS HEALTH CORPORATION	1,603,610	1,417,016
DAIFUKU CO LTD - UNSP ADR	186,865	196,375
DANAHER CORP	906,648	847,398
DASSAULT SYSTEMES S.A. - ADR	464,154	671,966
DBS GROUP HOLDINGS LIMITED - ADR	622,021	807,549
DOLLAR GENERAL CORP	2,037,133	1,434,001
DONALDSON CO INC	239,224	315,510
ELI LILLY & CO	479,508	755,464
EMCOR GROUP INC COM	998,468	1,944,256
ENN ENERGY HOLDINGS-UNSP ADR	298,835	137,627
EPIROC AKTIEBOLAG	200,124	334,544
ESTEE LAUDER COMPANIES INC	1,184,378	724,961
FACTSET RESH SYS INC COM	646,857	825,774
FIRST HAWAIIAN INC	902,232	785,630
FOMENTO ECONOMICO MEXICANO S.A.B. DE C.V. (FEMSA)	458,681	740,649
FTI CONSULTING INC COM	1,218,403	1,739,376
GENMAB A/S	315,796	265,100
GLOBAL PMTS INC W/I	1,382,961	1,210,691
GRACO INC	782,059	1,041,727
GRAINGER W W INC	813,917	1,644,121
HAIER SMART HOME CO LTD ADR	679,337	565,446
HALEON PLC	450,050	446,617
HDFC BANK LTD. - ADR	312,263	358,904
HENRY JACK & ASSOC INC COM	351,785	368,653
ICICI BANK LTD. - ADR	113,879	241,618
ILLUMINA INC	1,085,880	559,049
INFINEON TECHNOLOGIES AG - ADR	500,921	935,850
INTUIT COM	1,010,850	1,345,065
INTUITIVE SURGICAL INC	896,152	1,038,731
JOHNSON & JOHNSON	1,438,017	1,347,180
K.FORCE, INC	358,582	392,726
KADANT INC	778,420	956,698
KOMATSU LIMITED - ADR	226,214	277,564
LANDSTAR SYS INC COM	886,028	1,086,957
LCI INDUSTRIES	596,136	650,424
LOREAL - ADR	456,419	719,033
LOWES CORP	1,727,939	1,856,735
LUKOIL PJSC-SPON ADR	298,334	0
LULULEMON ATHLETICA INC	595,417	896,291
MANHATTAN ASSOCIATES, INC	786,954	1,442,859
MANULIFE FINANCIAL CORP	452,495	555,815
MARSH & MCLENNAN COS INC	1,026,625	1,236,292
MEDTRONIC PLC	1,525,679	1,210,739
MICROCHIP TECHNOLOGY INC COM	1,588,680	1,859,872
MICROSOFT	853,766	1,058,177
MOELIS & CO	771,896	950,169
MONDELEZ INTERNATIONAL INC	1,263,994	1,479,238
MSCI INC	373,779	401,046
NESTLE S.A. REGISTERED SHARES - ADR	219,515	279,246
NETFLIX	912,403	1,322,853
NEW LINDE PLC	145,818	314,604
NIKE INC CL B	1,278,409	1,349,634
NITORI (AKA NIROTI) HLDGS CO LTD-UNSP**	261,329	225,236
NOVOZYMES A/S UNSPONS ADR	160,033	166,746
NVIDIA CORP	585,393	1,386,616
PERRIGO CO PLC	894,766	734,734
PHILIP MORRIS INTERNATIONAL IN	1,076,374	1,005,433
PING AN INSURANCE-ADR	223,940	97,371
PRIMERICA INC	911,245	1,436,205
PT TELEKOMUNIKASI INDONESIA TB - ADR	231,238	255,797
RBC BEARINGS INC	584,441	973,754
RIGHTMOVE PLC-UNSP ADR	880,409	811,056
RIO TINTO PLC - ADR	310,229	420,922
RLI CORP COM	428,629	567,624
ROCHE HOLDINGS LTD - ADR	324,394	384,581
ROSS STORES INC	1,711,802	2,121,380
ROYAL DUTCH SHELL PLC ADR	360,153	439,281
S&P GLOBAL INC	803,222	857,692
SAP SE ADR	503,793	632,737
SCHNEIDER ELECTRIC SE.	227,003	487,547
SERVICE CORP INTL	953,367	950,360
SERVICENOW INC	946,504	1,262,498
SHIMANO INC-UNSPON ADR	176,124	171,964
SHIONOGI & CO LTD-UNSPON	280,808	238,566
SHISEIDO CO., LTD. - ADR	216,260	135,150
SIMPSON MFG INC COM	1,195,744	2,262,119
SONOVA HOLDIN-UNSPON ADR	150,878	233,668
SONY GROUP CORP	496,873	521,363
STATE STREET CORP	1,352,439	1,216,432
SYMRISE AG ADR	249,473	279,639
SYSCO CORP	1,751,969	1,596,720
SYSMEX CORP-UNSPON ADR	290,808	176,748
TAIWAN SEMICONDUCTOR MANUFACTU - ADR	482,474	838,344
TENCENT HOLDINGS LTD-UNS	271,910	226,135
THERMO FISHER SCIENTIFIC INC	1,510,196	1,433,133
TORO CO	1,041,618	1,151,688
UBER TECHNOLOGIES INC	417,364	453,217
UFP INDUSTRIES INC	820,358	1,044,953
UNI CHARM CORPORATION ADR	262,332	269,731
UNITED PARCEL SERVICE-CL B	1,451,398	1,215,545
UNITEDHEALTH GROUP INC	1,350,857	1,644,692
US BANCORP	1,607,761	1,228,546
VISA INC	1,125,460	1,337,418
WALT DISNEY CO	1,309,749	1,128,444
WATTS WATER TECHNOLOGIES INC	743,323	1,102,535
XP INC - CLASS A	194,949	161,556
YANDEX NV	63,319	0
VANGUARD 500 INDEX FD- AD	10,520,445	41,603,496
GQG PART EMERG MKTS EQ-INST	18,711,226	18,919,057
VANGUARD FTSE DEVELOPED MARKETS ETF	14,323,936	17,976,774
ABRDN BLOOMBERG ALL COMMODIT ETF	6,534,877	5,021,984
BLACKROCK DEVELOPED REAL ESTATE	16,367,644	14,753,863

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

US Government Securities - End of Year Book Value:

29,440,906

US Government Securities - End of Year Fair Market Value:

27,455,422

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

1,355,000

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

1,162,725

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MINERVA NETWORKS INC SER AD PREFCH	AT COST	57,442	44,752
MINERVA NETWORKS INC SER AV PREFCH	AT COST	16,034	24,051
TOOLE CO., MONTANA, UNK RI	AT COST	1	2,570
APOLLO NATURAL RESOURCES PARTNERS II	AT COST	634,296	634,296
ARROWMARK GLOBAL OPP FD III CL B LTD	AT COST	2,703,204	2,703,204
ARROWMARK GLOBAL OPP II CLASS B LTD	AT COST	928,230	928,230
BLUE VISTA RE PARTNERS V (TE)	AT COST	1,686,295	1,686,295
CERBERUS GLBL NPL FEEDER FUND	AT COST	1,789,262	1,789,262
CIP VI INSTITUTIONAL FEEDER LP	AT COST	3,084,259	3,084,259
DBL PARTNERS III LP	AT COST	4,075,144	4,075,144
DBL PARTNERS IV	AT COST	1,115,392	1,115,392
DRA GROWTH & INCOME FD VII LLC	AT COST	21,718	21,718
EIG ENERGY FUND XV LP	AT COST	198,869	198,869
ENERGY CAP MEZZANINE OPPORT FD B	AT COST	117,901	117,901
EUROPEAN BUY-OUT OPP II, LP	AT COST	9,083	9,083
EUROPEAN STRATEGIC PTNRS II 'B'	AT COST	1,096	1,096
FLEXICAT REINSURANCE PARTNERS LP	AT COST	74,167	109,105
FRANCISCO PARTNERS IV-A	AT COST	2,051,232	2,051,232
FRANCISCO PARTNERS V-B LP	AT COST	2,687,983	2,687,983
FRANCISCO PARTNERS VI-B LP	AT COST	1,901,752	1,901,752
FRAZIER HLTHCARE GROWTH BUYOUT IX PV	AT COST	2,992,807	2,992,807
HIG BAYSIDE LOAN OPP FEEDER FD VI LP	AT COST	1,476,666	1,476,666
ICAPITAL KKR GLOBAL IMPACT II	AT COST	745,457	745,457
INDUSTRY VENTURES PRTN HLDG VI LP	AT COST	904,349	904,349
INDUSTRY VENTURES PRTNRS HLDGS V	AT COST	5,048,517	5,048,517
INDUSTRY VENTURES TECH BUYOUT	AT COST	3,613,248	3,613,248
INST VENTURE PARTNERS XVII LP	AT COST	1,473,576	1,473,576
INSTITUTIONAL VENTURE PARTNERS XIV	AT COST	577,066	577,066
INSTITUTIONAL VENTURE PARTNERS XV LP	AT COST	3,104,729	3,104,729
INSTITUTIONAL VENTURE PRTNRS XVI	AT COST	2,747,049	2,747,049
KINDERHOOK CAPITAL FUND II LP	AT COST	127,332	127,332
LONE STAR FUND VIII (US) LP	AT COST	196,031	196,031
LSV INTL CONCENTRATED EQUITY LP	AT COST	20,000,000	21,811,537
MERCED PARTNERS IV LP	AT COST	244,527	244,527
METROPOLITAN RE PTNRS INT'L II	AT COST	35,698	35,698
NEWFOUNDLAND TERRANOVA FUND	AT COST	82,861	80,497
NGP NATURAL RESOURCES X, LP	AT COST	173,317	173,317
NORTH BRIDGE VENTURE PTNRS IV- A	AT COST	75,034	75,034
NORTH BRIDGE VENTURE PTNRS IV -B	AT COST	144,642	144,642
NORTH BRIDGE VENTURE PTNRS V	AT COST	458,986	458,986
NORTH BRIDGE VENTURE PTNRS V-A	AT COST	69,748	69,748
NORTH BRIDGE VENTURE PTNRS VI	AT COST	712,358	712,358
NORTH BRIDGE VENTURE PTNRS VII	AT COST	752,548	752,548
NORTH ROCK FUND LTD	AT COST	17,000,000	19,211,427
NORTHSTAR MEZZANINE PTNRS V	AT COST	23,391	23,391
NWFNDLND TERRANOVA HARVESTING CL F	AT COST	636,031	678,634
OAKTREE MEZZANINE FUND III LP	AT COST	603	603
OCM ASIA PRINCIPAL OPP FUND, LP	AT COST	1	1
ORBIMED ASIA PARTNERS III LP	AT COST	4,476,395	4,476,395
ORBIMED ASIA PARTNERS IV	AT COST	1,743,644	1,743,644
PORT ADV SECONDARY FD IV (OFFSHORE)	AT COST	2,429,118	2,429,118
PORTFOLIO ADV SECONDARY II OFFSHORE	AT COST	220,492	220,492
PORTFOLIO ADV SECONDARY III OFFSHORE	AT COST	2,406,244	2,406,244
PORTFOLIO ADVISORS PRIV EQ III	AT COST	126,809	126,809
PORTFOLIO ADVISORS SECONDARY FD	AT COST	75,637	75,637
PRIME FINANCE SHORT DUR VI	AT COST	701,193	701,193
RESOURCE CAPITAL FUND VII LP	AT COST	2,950,627	2,950,627
ROSE GROVE OFFSHORE FD I LTD	AT COST	4,000,000	4,881,409
SPF SECURITIZED PRODUCTS FUND LTD	AT COST	6,100,000	7,996,083
STERLING INVESTMENT PARTNERS III LP	AT COST	1,055,421	1,055,421
STERLING INVESTMENT PARTNERS IV	AT COST	754,512	754,512
STRATEGIC PARTNERS FD OFFSHORE VIII	AT COST	2,037,083	2,037,083
STRATEGIC PARTNERS OFFSHORE FD VII	AT COST	2,081,290	2,081,290
TCV VII LP	AT COST	50,316	50,316
THE LYME FOREST FD III, LP TAX-EXEMPT	AT COST	625	625
TIG ARBITRAGE ENHANCED LTD SER 2	AT COST	10,400,000	12,488,283
TRAILHEAD FUND, LP	AT COST	247,427	247,427
US VENTURE PARTNERS IX LP	AT COST	32,551	32,551
US VENTURE PARTNERS X, LP	AT COST	249,847	249,847
WCP REAL ESTATE FUND III LP	AT COST	406,739	406,739
BAKER COMMUNICATIONS FUND II LP	AT COST	1	1
BLUE VISTA RE PARTNERS IV (TE) LP	AT COST	1,265,891	1,265,891
BROOKFIELD STRAT RE PRT IV ICAP OFFS	AT COST	1,299,392	1,299,392
DRA GROWTH AND INCOME FUND VIII LLC	AT COST	981,936	981,936
GLOBAL TIMBER INVESTORS 10	AT COST	1,489,492	1,489,492
HARBERT EUROPEAN RE FD V (SCOTLAND)	AT COST	784,639	784,639
INVESCO OPTIMUM YIELD DIVERSIF	AT COST	10,292,040	10,094,700
NUVEEN GLOBAL CITIES REAL ESTATE INCOME TRUST	AT COST	5,500,000	5,500,000
STARWOOD REAL ESTATE INCOME TRUST	AT COST	5,500,000	5,500,000
BLACKSTONE REAL ESTATE INCOME TRUST	AT COST	5,500,000	5,500,000
KSL CAPITAL PARTNERS V TE	AT COST	2,094,561	2,094,561
LYME FOREST FD IV TE LP	AT COST	1,423,206	1,423,206
LYME FOREST FD V TE LP	AT COST	4,556,023	4,556,023
NGP NATURAL RESOURCES XI LP	AT COST	2,445,128	2,445,128
VARDE EUROPEAN REAL ESTATE FEEDER FD	AT COST	254,403	254,403

- TIN:

TY 2023 LegalFeesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL	49,314	0		49,314

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Description	Amount
CARRYING VALUE ADJUSTMENTS	4,939,802

- TIN:

TY 2023 OtherExpensesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
INVESTMENT FEES	23,382	23,382	0
MISCELLANEOUS EXPENSES	490	0	0
MN AG FILING FEE	25	0	25
INSURANCE	39,811	0	0
2021 FED TAX PENALTIES	12,297	0	0

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ROYALTY INCOME - SOMONT	690	0	690
PARTNERSHIP INCOME - UBI		-1,228,833
PARTNERSHIP INCOME		3,635,952
2019 FORM 8986 ADJUSTMENT NET OF UBI ADJUSTMENT		-791
STATE TAX REFUNDS	500		500
FEDERAL TAX REFUNDS	9		9
FOREIGN TAX REFUND	7,383	7,383	7,383

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income
INVESTMENT MANAGEMENT FEES - EDGEWOOD MGMT LLC	166,434	166,434
INVESTMENT MANAGEMENT FEES - KAYNE ANDERSON RUDNIK	109,456	109,456
CONSULTANT FEES - DEMARCHE	82,082	82,082
INVESTMENT MANAGEMENT FEES - HARDING LOEVNER LP	68,434	68,434
INVESTMENT MANAGEMENT FEES - COHO PARNTER LTP	164,698	164,698

- TIN:

TY 2023 TaxesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	61,820	197,365		0
FEDERAL AND STATE TAXES	1,474,367	0		0