Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
The Barry Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)225 Broadway Suite 801
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Fargo, ND58102
A Employer identification number

20-5767275
B Telephone number (see instructions)

(701) 356-7800
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$49,183,702J 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) 598,017
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,048,034 853,147  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 76,598
b Gross sales price for all assets on line 6a 8,302,406
7 Capital gain net income (from Part IV, line 2)... 421,915
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
0 131,350  
12 Total. Add lines 1 through 11........ 1,722,649 1,406,412  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 304,002 0   304,002
14 Other employee salaries and wages...... 277,905 0   277,905
15 Pension plans, employee benefits....... 65,230 0   65,230
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
34,690 0   34,690
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
19,575 0   22,800
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
280,026 213,250   62,048
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
14,826 0   0
19 Depreciation (attach schedule) and depletion... 1,285 0  
20 Occupancy.............. 51,057 0   45,287
21 Travel, conferences, and meetings....... 33,870 0   34,981
22 Printing and publications.......... 12,049 0   12,049
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
84,470 0   83,939
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,178,985 213,250   942,931
25 Contributions, gifts, grants paid....... 1,392,400 1,392,400
26 Total expenses and disbursements. Add lines 24 and 25 2,571,385 213,250   2,335,331
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -848,736
b Net investment income (if negative, enter -0-) 1,193,162
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......... 382,315 987,221 987,221
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.......... 33,246 5,792 5,792
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 26,909,459 Click to see attachment
List of Attached Documents:
// Content
29,803,385 		29,803,385
c Investments—corporate bonds (attach schedule)....... 6,764,376 Click to see attachment
List of Attached Documents:
// Content
8,677,474 		8,677,474
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).......... 10,902,857 Click to see attachment
List of Attached Documents:
// Content
9,438,678 		9,438,678
14 Land, buildings, and equipment: basis right arrow277,173
Less: accumulated depreciation (attach schedule) right arrow50,563 601 Click to see attachment
List of Attached Documents:
// Content
226,610 		226,610
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
72,773 		Click to see attachment
List of Attached Documents:
// Content
44,542 		Click to see attachment
List of Attached Documents:
// Content
44,542
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 45,065,627 49,183,702 49,183,702
Liabilities 17 Accounts payable and accrued expenses.......... 52,723 88,018
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) Click to see attachment
List of Attached Documents:
// Content
22,427 		Click to see attachment
List of Attached Documents:
// Content
5,315
23 Total liabilities (add lines 17 through 22)......... 75,150 93,333
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........... 44,990,477 49,090,369
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 44,990,477 49,090,369
30 Total liabilities and net assets/fund balances (see instructions). 45,065,627 49,183,702
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
44,990,477
2
Enter amount from Part I, line 27a .....................
2
-848,736
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,948,628
4
Add lines 1, 2, and 3 ..........................
4
49,090,369
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
49,090,369
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities      
b Capital Gain/Loss from K-1s P    
c Capital Gains Dividends P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 8,234,681   7,880,491 354,190
b 19,000     19,000
c 48,725     48,725
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       354,190
b       19,000
c       48,725
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 421,915
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 16,585
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 16,585
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 16,585
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 11,617
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,617
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 10,032
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow10,032 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 arrowND
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 arrowStacie Montgomery Telephone no.right arrow (701) 356-7800

Located atright arrow225 Broadway Suite 801FargoND ZIP+4right arrow58102
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
B John Barry Chairman Emeritus & Director
5.00 		0 0 0
225 Broadway Suite 801
Fargo,ND58102
Dana R Johnson Director
5.00 		0 0 0
225 Broadway Suite 801
Fargo,ND58102
Thomas J Barry Chair & Director (thru Nov)
10.00 		0 0 0
225 Broadway Suite 801
Fargo,ND58102
Michael B Barry Chair & Director
10.00 		0 0 0
225 Broadway Suite 801
Fargo,ND58102
Jessica M Barry Director
5.00 		0 0 0
225 Broadway Suite 801
Fargo,ND58102
Paula Trom Director
5.00 		0 0 0
225 Broadway Suite 801
Fargo,ND58102
Marty J Hoffmann President, CEO, Secretary & Director
50.00 		196,002 3,000 1,200
225 Broadway Suite 801
Fargo,ND58102
Dean C Hoffrogge Treasurer
5.00 		0 0 0
225 Broadway Suite 801
Fargo,ND58102
Stacie M Montgomery COO & CFO
45.00 		108,000 2,160 1,200
225 Broadway Suite 801
Fargo,ND58102
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
Randi Olsen Heinold Program Director
40.00 		67,500 0 1,200
225 Broadway Suite 801
Fargo,ND58102
Mikayla Young Associate Director Y
40.00 		59,300 0 575
225 Broadway Suite 801
Fargo,ND58102
Samuel Schumacher Scholarship & Alumni
40.00 		56,833 0 375
225 Broadway Suite 801
Fargo,ND58102
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
Verus Investment Management 194,376
800 Fifth Avenue Suite 3900
Seattle,WA98104
RSP Architects Architect and Design 55,738
PO Box 860682
Minneapolis,MN55486
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 Philanthropy and Youth (PaY) is a program designed to introduce local high school students to the importance of leadership and service through grantmaking. In 2023, 500+ students from 19 area high schools made 133 grants to 90 organizations totaling $95,000 and 12 PaY Admin grants totaling $7,650. 55,288
2 The PaY Summer Internship program is designed to build on to the nonprofit experience students receive in PaY. Through these internships, students gain meaningful summer employment. PaY Summer Internships grants are provided to nonprofit organizations in the Fargo-Moorhead and Minnesota Lakes regions. Each recipient organization is carefully matched with a PaY student who is hired to work on a special project over the course of nine weeks. In 2023, grants totaling $42,000 were awarded with 13 students and 12 organizations being paired. 15,932
3 The Barry Scholarship program is designed for the fulfillment of the foundation's commitment to philanthropy and promise to invest in the potential of students. The purpose of the scholarship program is to provide up to a four-year ($5,000 per year) renewable grant to individuals involved in the Philanthropy and Youth (PaY) program during high school to enable the recipients to complete an undergraduate education. Outside of financial support, the Barry Scholarship Program is a cohort experience that provides professional and educational guidance and personal development opportunities. The Scholars are selected based on their values, philanthropic and educational goals, and their involvement in the PaY program while in high school. The original scholarship guidelines and application was sent to the IRS and approved on February 11, 2016. The program meets requirements under IRS Code section 4945 (g)(1). In 2023, scholarships totaling $313,850 were awarded to 62 students. 21,944
4 The PaY Forward program is an opportunity for graduated high school students to continue engagement with the Philanthropy and Youth (PaY) program, participate in other philanthropic endeavors, and potentially receive expanded scholarship opportunities. In 2023, opportunities included Problems 2 Possibilities (previously named Map the System). In 2023, PaY Forward scholarship and grants totaling $105,000 were awarded to 30 students and four universities. 5,247
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
46,243,422
b
Average of monthly cash balances.......................
1b
447,305
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
46,690,727
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
46,690,727
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
700,361
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
45,990,366
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,299,518
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
2,299,518
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
16,585
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
16,585
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,282,933
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,282,933
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
2,282,933
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
2,335,331
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
226,893
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
2,562,224
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 2,282,933
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...... 44,692
c From 2020...... 47,022
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 91,714
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,562,224
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..... 2,282,933
e Remaining amount distributed out of corpus 279,291
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 5 371,005
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 ...... 		371,005
10 Analysis of line 9:
a Excess from 2019.... 44,692
b Excess from 2020.... 47,022
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 279,291
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).)
B John Barry
Thomas J Barry
Michael B Barry
Jessica M Barry
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

Fargo-Moorhead Choral Artists

210 7th Street South
Moorhead,MN56560 		  PF Arts: Gratitude Grant - Sheet Music 1,000

North Dakota Ballet Company

1726 S Washington St
Grand Forks,ND58201 		  PC Arts: Gratitude Grant - Scholarship Enrollment Fees 1,000

Ann Bancroft Foundation

2356 University Ave W 404
St Paul,MN55114 		  PC Education: The Gift of Girlhood and Programming 25,000

Cultural Diversity Resources

112 N University Dr Ste 306
Fargo,ND58102 		  PC Education: Gratitude Grant - SEED Program 1,000

Future Farmers of America

PO Box 116
Napoleon,ND58561 		  PC Education: Gratitude Grant - Shop Expansion at Napoleon HS 1,000

JPII Catholic Schools

5600 25th St S
Fargo,ND58104 		  PC Education: Match for Deacon Builders Scholarship Endowment 110,000

Legacy Children's Foundation

725 28th St N
Fargo,ND58102 		  PC Education: Gratitude Grant - Academic Coaching 1,000

Minnesota Council on Foundations

100 Portland Ave S
Minneapolis,MN554012575 		  PC Education: Annual Membership Grant 3,000

National Center for Family Philanthropy

1101 Connecticut Ave
Washington DC,DC20036 		  PC Education: Annual Membership Grant 1,400

Theodore Roosevelt Presidential Library Foundation

PO Box 338
Medora,ND58645 		  PC Education: Capital Campaign - TRPLF Auditorium 335,000

University of North Dakota Foundation

3100 University Ave
Grand Forks,ND58202 		  PC Education: Women for Philanthropy and Programming 1,000

Lake Agassiz Habitat for Humanity

210 N 11th St
Moorhead,MN56560 		  PC Environment: Memorial - Ann Dahl 1,000

Ottertail County Humane Society

1933 W Fir Ave
Fergus Falls,MN56537 		  PC Environment: Expanding Our Pawprint Campaign 100,000

Wilderness Inquiry Inc

1611 County Rd B West
St Paul,MN55113 		  PC Environment: Outdoor Education Program 5,000

American Foundation for Suicide Prevention

PO Box 11295
Fargo,ND58106 		  PC Health: Memorial- Martin Heggedal 1,000

Clare Housing

929 Central Avenue NE
Minneapolis,MN55413 		  PC Health: A Place to Call Home and Programming 5,000

F5 Project

1122 1st Ave N
Fargo,ND58102 		  PC Health: Gratitude Grant - Free Through Recovery Program 1,000

Gillette Children's Hospital Foundation

200 East University Ave
St Paul,MN55101 		  PC Health: Gratitude Grant - PICU Family Equipment & Financial Assistance Fund 25,000

Jeremiah Program of Fargo-Moorhead

3104 Fiechtner Drive
Fargo,ND58103 		  PC Health: Journey for Hope and Programming 5,000

National Multiple Sclerosis Society

733 Third Ave3rd Floor
New York,NY10017 		  PC Health: Annual Fundraiser Match Support 10,000

One Heartland

2101 Hennepin Ave Suite 200
Minneapolis,MN55405 		  PC Health: Holiday in the Heartland and Programming 5,000

Recovery Reinvented fiscal host Dakota Medical Foundation

c/o Dakota Medical Foundation
Fargo,ND58104 		  PC Health: Recovery Reinvented and Programming 5,000

Red River Children's Advocacy Center

2601 12th Ave S Suite B
Fargo,ND58103 		  PC Health: Gratitude Grant - Youth Programming 1,000

Rural Enrichment and Counseling Headquarters Inc

PO Box 237
Hawley,MN56549 		  PC Health: Gratitude Grant - Backpack Program 1,000

Valley Senior Services Inc

2801 32 Ave S
Fargo,ND58104 		  PC Health: Gratitude Grant - Meals on Wheels 1,000

Simpson Housing Services Inc

160 Glenwood Avenue
Minneapolis,MN55405 		  PC Health: Childred and Youth Services Program & Music4Shelter 25,000

Diocese of Fargo

5201 Bishops Blvd S
Fargo,ND58104 		  PC Spirituality: Annual Appeal for the Fargo Diocese 2,500

Diocese of Phoenix

400 E Monroe
Phoenix,AZ85004 		  PC Spirituality: Annual Appeal of Diocese of Phoenix / Franciscan Renewal Center 2,500

St Mary of the Lakes

20996 Cty Hwy 20
Detroit Lakes,MN56501 		  PC Spirituality: Annual Appeal Diocese of Crookston / St. Mary of the Lakes 2,500

Young Life Castaway Club

51709 County Hwy 31
Detroit Lakes,MN56501 		  PC Spirituality: Capital Campaign - Phase 2 Building 150,000

4 Luv of Dog Rescue

PO Box 9283
Fargo,ND58106 		  PC PaY: Animal Shelter Software & Kennels 500

4 Luv of Dog Rescue

PO Box 9283
Fargo,ND58106 		  PC PaY: Isolation Kennels 1,000

4-H Clubs and Affiliated 4-H Organizations

1010 2nd Ave S Box 2806
Fargo,ND58108 		  PC PaY: Mental & Emotional Health Programs 500

A Place for Hope Wellness and Recovery Center

2419 12th Ave S Ste 1
Moorhead,MN56560 		  PC PaY: Pantry Project 500

A Place for Hope Wellness and Recovery Center

2419 12th Ave S Ste 1
Moorhead,MN56560 		  PC PaY: Food Pantry Supplies 500

A Place to Belong

109 N Court St
Fergus Falls,MN56538 		  PC PaY: Art Supplies 1,000

Access of the Red River Valley Inc

403 Center Ave
Moorhead,MN56560 		  PC PaY: Transportation 500

Adults Adopting Special Kids

5201 Bishops Blvd
Fargo,ND58104 		  PC PaY: Camp Fees 1,000

Afro American Development Association

1132 28th Avenue South
Moorhead,MN56560 		  PC PaY: Educational Services 1,000

American Foundation for Suicide Prevention

PO Box 11295
Fargo,ND58106 		  PC PaY: Educational Materials & Research Funding 750

American Foundation for Suicide Prevention

PO Box 11295
Fargo,ND58106 		  PC PaY: Conventions for Families Impacted by Suicide 500

American Foundation for Suicide Prevention

PO Box 11295
Fargo,ND58106 		  PC PaY: Educational Program- It's Real Teens and Mental Health 500

Anne Carlsen Center Southeast Chapter

4152 30th Ave Ste 102
Fargo,ND58104 		  PC PaY: Sensory Room Items 1,000

Anne Carlsen Center Southeast Chapter

4152 30th Ave Ste 102
Fargo,ND58104 		  PC PaY: Wishlist Item 250

Anne Carlsen Center Southeast Chapter

4152 30th Ave Ste 102
Fargo,ND58104 		  PC PaY: Sensory Room Supplies 500

Audubon Dakota Society

3002 Fiechtner Dr S
Fargo,ND58103 		  PC PaY: Plant Supplies 500

Audubon Dakota Society

3002 Fiechtner Dr S
Fargo,ND58103 		  PC PaY: Habitat Restoration 250

Becker County Developmental Achievement Center Inc

PO Box 852
Detroit Lakes,MN56502 		  PC PaY: Building Addition for a Reward Room 500

Big Brothers Big Sisters of The Village Family Service Center

2701 12th Avenue South
Fargo,ND58103 		  PC PaY: Background Checks 500

Bio Girls

4225 38th St S
Fargo,ND58104 		  PC PaY: Registration Fees 500

Boys and Girls Club of the Red River Valley

2500 18th St S
Fargo,ND58103 		  PC PaY: Gaming Area Selection 1,000

Cass County Rural Emergency Food Pantry

602 1st St N
Casselton,ND58012 		  PC PaY: Food & Household Necessities 500

Central Cass Treehouse

PO Box 483
Casselton,ND58012 		  PC PaY: Clothing, Winter Gear, Hygiene Products, Food Baskets 750

Christian Adoption Services

3220 18th Street S Suite 8E
Fargo,ND58104 		  PC PaY: Education Events 500

City of Fargo Gladys Ray Shelter

1519 1st Ave S
Fargo,ND58103 		  PC PaY: Bus Passes 750

Community of Care

PO Box 73
Arthur,ND58006 		  PC PaY: Volunteer Gas Cards & Volunteer Appreciation Dinner 750

Connections

550 13th Ave E
West Fargo,ND58078 		  PC PaY: Bowling & Movie Activities 1,000

Creative Care for Reaching Independence Inc

2903 15th St S
Moorhead,MN56560 		  PC PaY: Talent Show & Softball Event 500

Cultural Diversity Resources

112 N University Dr Ste 306
Fargo,ND58102 		  PC PaY: Youth Programs 750

Dakota Boys and Girls Ranch

7151 15th St S
Fargo,ND58104 		  PC PaY: PaY Site Visit Request Submission 1,000

Dakota Boys and Girls Ranch

7151 15th St S
Fargo,ND58104 		  PC PaY: Bikes & Wellness Supplies 500

Detroit Lakes Community & Cultural Center

826 Summit Ave
Detroit Lakes,MN56501 		  PC PaY: Trips for Senior Citizens 1,000

Down Home

2102 12th St N
Fargo,ND58102 		  PC PaY: Mattresses 1,000

Down Home

2102 12th St N
Fargo,ND58102 		  PC PaY: Mattresses & Pillows 1,000

Down Home

2102 12th St N
Fargo,ND58102 		  PC PaY: Mattresses & Bedrooms 1,000

Down Home

2102 12th St N
Fargo,ND58102 		  PC PaY: Home Furnishings: Mattresses, Beds, Side Tables 1,000

Emergency Food Pantry

1101 4th Ave N
Fargo,ND58102 		  PC PaY: Pantry Products & Shelving Supplies 1,000

Essentia Health Foundation

3000 32nd AVE S
Fargo,ND58013 		  PC PaY: Interactive Walls & Toys 250

F5 Project

1122 1st Ave N
Fargo,ND58102 		  PC PaY: Housing Solutions & Basic Needs 1,000

F5 Project

1122 1st Ave N
Fargo,ND58102 		  PC PaY: Rent 500

Fargo Air Museum

1609 19th Ave N
Fargo,ND58102 		  PC PaY: Veteran's Memorial Celebration 1,000

Fargo Moorhead Ballet

524 7th Street N
Fargo,ND58102 		  PC PaY: Production Costs 750

Fargo Moorhead Community Theatre

202 1st Ave N
Moorhead,MN56560 		  PC PaY: Scholarships 1,000

Fargo-Moorhead Coalition for Homeless Persons

417 Main Ave Suite 208
Fargo,ND58105 		  PC PaY: Landlord Risk Insurance Program 1,000

Fargo-Moorhead Coalition for Homeless Persons

417 Main Ave Suite 208
Fargo,ND58105 		  PC PaY: Landlord Risk Insurance 500

Fargo-Moorhead Coalition for Homeless Persons

417 Main Ave Suite 208
Fargo,ND58105 		  PC PaY: Landlord Risk Mitigation & Educational Data Collection 1,000

Farm Rescue

PO Box 28
Horace,ND58047 		  PC PaY: Lodging, Meals, Transportation 1,000

Farm Rescue

PO Box 28
Horace,ND58047 		  PC PaY: Farm Equipment & Volunteer Expenses 1,000

Fraser Ltd

2902 S University Dr
Fargo,ND58103 		  PC PaY: Sensory Toys & Special Needs Equipment 1,000

Fraser Ltd

2902 S University Dr
Fargo,ND58103 		  PC PaY: Toys 500

Friends of the Children

200 45th St S
Fargo,ND58103 		  PC PaY: Clubhouse Supplies 500

Friends of the Children

200 45th St S
Fargo,ND58103 		  PC PaY: Mentor Funding & Summer Activities 1,000

Friends of the Children

200 45th St S
Fargo,ND58103 		  PC PaY: Kitchen & Art Supplies 1,000

Full Circle Academy

4725 Amber Valley Parkway S
Fargo,ND58104 		  PC PaY: Scholarship Program 1,000

Gateway to Science

1600 Canary Ave
Bismarck,ND58501 		  PC PaY: Lab Items 1,000

Gigi's Playhouse Inc

3224 20th St S
Fargo,ND58104 		  PC PaY: Curriculum & Space Expansion 500

Gigi's Playhouse Inc

3224 20th St S
Fargo,ND58104 		  PC PaY: Sensory Toys & Welcome Kits 1,000

Gigi's Playhouse Inc

3224 20th St S
Fargo,ND58104 		  PC PaY: Adaptive Kitchen Items 500

Gigi's Playhouse Inc

3224 20th St S
Fargo,ND58104 		  PC PaY: Books & Family Baskets 500

Great Plains Food Bank

1720 3rd Ave N
Fargo,ND58102 		  PC PaY: Backpack Program 1,000

Great Plains Food Bank

1720 3rd Ave N
Fargo,ND58102 		  PC PaY: Backpack Program 1,000

Haley's Hope Inc

1150 PRAIRIE PKWY
West Fargo,ND58078 		  PC PaY: Summer School Supplies 250

Haley's Hope Inc

1150 PRAIRIE PKWY
West Fargo,ND58078 		  PC PaY: Scholarships 250

Haven

19 8th St S
Fargo,ND58103 		  PC PaY: Gifts Supplies & Hospital Care Kits 1,000

Healthcare Equipment Recycling Organization

5012 53rd Street South
Fargo,ND58104 		  PC PaY: Pallet Machines 500

Healthcare Equipment Recycling Organization

5012 53rd Street South
Fargo,ND58104 		  PC PaY: Wheels for Medical Supplies 500

Heart-N-Soul Community Cafe Inc

1610 12th Ave S
Fargo,ND58103 		  PC PaY: Meal Supplies 1,000

Homeward Animal Shelter

1201 28th Ave N
Fargo,ND58102 		  PC PaY: Food & Medication for Animals 1,000

Homeward Animal Shelter

1201 28th Ave N
Fargo,ND58102 		  PC PaY: Dog Food Pantry 500

HOPE Inc

810 4th Ave S
Moorhead,MN56560 		  PC PaY: Gym Equipment & Scholarship Funds 1,000

HOPE Inc

810 4th Ave S
Moorhead,MN56560 		  PC PaY: Equipment 1,000

Immigrant Law Center of Minnesota

1015 7th Ave N
Moorhead,MN56560 		  PC PaY: Transportation, Legal Services, Educational Supplies 1,000

Jeremiah Program of Fargo-Moorhead

3104 Fiechtner Drive
Fargo,ND58103 		  PC PaY: Chairs, Toys, Art Therapy Supplies 500

Kamp KACE

PO Box 6462
Fargo,ND58109 		  PC PaY: Candyland Games & Craft Supplies 500

Lake Agassiz Habitat for Humanity

210 N 11th St
Moorhead,MN56560 		  PC PaY: Building Materials 500

Lakeland Mental Health

1010 32nd Ave S
Moorhead,MN56560 		  PC PaY: Supplies & Games 500

Landon's Light Foundation

3941 4th St E
West Fargo,ND58078 		  PC PaY: Miracle Moments 1,000

Legacy Children's Foundation

725 28th St N
Fargo,ND58102 		  PC PaY: Educational & Food Supplies 1,000

Mahube-Otwa Community Action Partnership

PO Box 747
Detroit Lakes,MN56502 		  PC PaY: Welcome Kits 500

Make-A-Wish Foundation of North Dakota

4143 26th Ave S Ste 104
Fargo,ND58104 		  PC PaY: Wish Funds 500

Make-A-Wish Foundation of North Dakota

4143 26th Ave S Ste 104
Fargo,ND58104 		  PC PaY: Wish Boosts 500

Matthew's Voice Project

4170 41st Ave S Ste 102
Fargo,ND58104 		  PC PaY: Summer Backpack Program 1,000

Matto Foundation

4141 28th Avenue South
Fargo,ND58104 		  PC PaY: Media Production 750

MindShift

4152 30th Ave
Fargo,ND58103 		  PC PaY: Virtual Training Model Expansion 1,000

Minnesota Flyers Gymnastics

1306 Rossman Avenue
Detroit Lakes,MN56501 		  PC PaY: Gym Equipment 1,000

Minn-Kota PAAWS

1517 32nd Ave S
Fargo,ND58103 		  PC PaY: VetCorder Machine 1,000

Minn-Kota PAAWS

1517 32nd Ave S
Fargo,ND58103 		  PC PaY: Monitoring System 500

Newt Mission

1208 Goldenwood Drive
West Fargo,ND58078 		  PC PaY: Medals & Trophies 500

Nexus-PATH Family Healing

1202 Westrac Drive
Fargo,ND58103 		  PC PaY: Independent Living Program Support 1,000

Nexus-PATH Family Healing

1202 Westrac Drive
Fargo,ND58103 		  PC PaY: Therapy Services 250

Nexus-PATH Family Healing

1202 Westrac Drive
Fargo,ND58103 		  PC PaY: Sensory Equipment & Board Games 500

North Dakota Autism Center Inc

647 13th Ave Ste A
West Fargo,ND58078 		  PC PaY: Jacket Program 1,000

North Dakota Autism Center Inc

647 13th Ave Ste A
West Fargo,ND58078 		  PC PaY: iPads 500

Northern Plains Botanic Garden Society

1211 28th Ave N
Fargo,ND58108 		  PC PaY: Plant & Trail Maintenance 500

Northern Plains Botanic Garden Society

1211 28th Ave N
Fargo,ND58108 		  PC PaY: Plants & Trail Maintenance 500

Ottertail County Humane Society

1933 W Fir Ave
Fergus Falls,MN56537 		  PC PaY: Vaccines, Medications, Cleaning Supplies 1,000

Patriot Assistance Dogs

1478 Mallard Street
Detroit Lakes,MN56501 		  PC PaY: Dog Food, Vaccinations, Training 750

Presentation Partners in Housing

219 7th Street South
Fargo,ND58103 		  PC PaY: Housing/Rent Assistance 1,000

Rape and Abuse Crisis Center of Fargo-Moorhead

317 N 8th St
Fargo,ND58102 		  PC PaY: Client Needs & Gift Cards 750

Rape and Abuse Crisis Center of Fargo-Moorhead

317 N 8th St
Fargo,ND58102 		  PC PaY: Legal & Medical Services 500

Rape and Abuse Crisis Center of Fargo-Moorhead

317 N 8th St
Fargo,ND58102 		  PC PaY: Play Therapy Room Supplies 500

Red River Children's Advocacy Center

2601 12th Ave S Suite B
Fargo,ND58103 		  PC PaY: Interview Room Enhancements: Clothing, Food, Blankets 750

Red River Human Services Foundation

4302 17th Ave South
Fargo,ND58103 		  PC PaY: Gym Equipment 250

Red River Human Services Foundation

4302 17th Ave South
Fargo,ND58103 		  PC PaY: Transportation 500

River Keepers

1120 28th Ave N
Fargo,ND58102 		  PC PaY: Large Trees for the Reforest the Red Event 1,000

River Keepers

1120 28th Ave N
Fargo,ND58102 		  PC PaY: River Cleanup Supplies 500

River Keepers

1120 28th Ave N
Fargo,ND58102 		  PC PaY: Trees 1,000

Ronald McDonald House Charities of the Red River Valley

4757 Agassiz Crossing S
Fargo,ND58104 		  PC PaY: Bedding 1,000

Ronald McDonald House Charities of the Red River Valley

4757 Agassiz Crossing S
Fargo,ND58104 		  PC PaY: Share Night Account 500

Ronald McDonald House Charities of the Red River Valley

4757 Agassiz Crossing S
Fargo,ND58104 		  PC PaY: Housing & Food 500

Rural Enrichment and Counseling Headquarters Inc

PO Box 237
Hawley,MN56549 		  PC PaY: Food Pantry Supplies 1,000

Sanford Foundation

201 5th St N 14th Floor
Fargo,ND581222399 		  PC PaY: Snacks, Blankets, Books, Stuffed Animals 250

Share House Inc

4227 9th Ave SW
Fargo,ND58103 		  PC PaY: Clothing 1,000

Share House Inc

4227 9th Ave SW
Fargo,ND58103 		  PC PaY: Basic Needs 1,000

Share House Inc

4227 9th Ave SW
Fargo,ND58103 		  PC PaY: Bedding 500

Sinner Bresnahan Healthy Kids Initiative

15681 35th St SE
Casselton,ND58012 		  PC PaY: Medical & Dental Care 750

Sonshine Center

52 8th Ave N
Casselton,ND58012 		  PC PaY: Food & Curriculum 500

Soul Solutions Recovery Center

1801 38th St S
Fargo,ND58103 		  PC PaY: Recovery Treatment Programming 500

SouthEastern North Dakota Community Action Agency

3233 S University Dr S
Fargo,ND58104 		  PC PaY: Head Start Program 1,000

The Perry Center Inc

2355 Meadow Ridge Pkwy
West Fargo,ND58078 		  PC PaY: Baby Supplies 1,000

The Village Family Service Center

2701 12th Avenue South
Fargo,ND58103 		  PC PaY: Therapy Costs 1,000

Trollwood Performing Arts School at Bluestem

801 50th Ave S
Moorhead,MN56560 		  PC PaY: Star Program 250

United Way of Becker County

PO Box 348
Detroit Lakes,MN565020348 		  PC PaY: Backpack Program 250

United Way of Cass Clay

4351 23rd Ave S
Fargo,ND58104 		  PC PaY: Job Training & Childcare 250

Unseen Ministries

614 Main Ave
Fargo,ND58103 		  PC PaY: Educational Materials 250

Valley Christian Counseling Center

1112 Nodak Dr S
Fargo,ND58103 		  PC PaY: Sensory Kits 250

Valley Senior Services Inc

2801 32 Ave S
Fargo,ND58104 		  PC PaY: Meals & Transportation 750

Vocational Training Center Inc

424 9th Ave South
Fargo,ND58103 		  PC PaY: Sensory Items & Outdoor Equipment 250

YES Network

10955 Elm Drive
Detroit Lakes,MN56501 		  PC PaY: Craft Supplies 1,000

YMCA of Cass Clay

400 1st Ave S
Fargo,ND58103 		  PC PaY: Food Program 1,000

YWCA Cass Clay

4650 38th Ave S Suite 110
Fargo,ND581048529 		  PC PaY: Basic Needs 1,000

YWCA Cass Clay

4650 38th Ave S Suite 110
Fargo,ND581048529 		  PC PaY: Apartment Funds 500

YWCA Cass Clay

4650 38th Ave S Suite 110
Fargo,ND581048529 		  PC PaY: Basic Needs 1,000

Barnesville Public School

302 3 Street SE
Barnesville,MN56514 		  GOV PaY: Administrative Grant 350

Central Cass High School

802 5th St N
Casselton,ND58012 		  GOV PaY: Administrative Grant 550

Dakota High School

1305 9th Ave S
Fargo,ND58103 		  GOV PaY: Administrative Grant 900

Davies High School

7150 25th St S
Fargo,ND58104 		  GOV PaY: Administrative Grant 950

Detroit Lakes High School

1301 Roosevelt Ave
Detroit Lakes,MN56501 		  GOV PaY: Administrative Grant 300

Fargo North High School

801 17th Ave N
Fargo,ND58102 		  GOV PaY: Administrative Grant 750

Fargo South High School

1840 15th Ave S
Fargo,ND58103 		  GOV PaY: Administrative Grant 700

Horace High School

8100 Lakeview Dr
Horace,ND58047 		  GOV PaY: Administrative Grant 100

Lake Park Audubon High School

611 Vigen Ln
Lake Park,MN56554 		  GOV PaY: Administrative Grant 750

Oak Grove PaY Committee

124 North Terrace
Fargo,ND58102 		  PC PaY: Administrative Grant 600

Shanley High School

5600 25th St S
Fargo,ND58104 		  PC PaY: Administrative Grant 950

West Fargo High School

801 9th St E
West Fargo,ND58078 		  GOV PaY: Administrative Grant 750

Creative Care for Reaching Independence Inc

2903 15th St S
Moorhead,MN56560 		  PC PaY Internship CCRI 6,000

FirstLink

4342 15th Ave S St 201 A
Fargo,ND58103 		  PC PaY Internship FirstLink 6,000

River Keepers

1120 28th Ave N
Fargo,ND58102 		  PC PaY Internship River Keepers 6,000

Ronald McDonald House Charities of the Red River Valley

4757 Agassiz Crossing S
Fargo,ND58104 		  PC PaY Internship RMHC 12,000

Young Life Castaway Club

51709 County Hwy 31
Detroit Lakes,MN56501 		  PC PaY Internship Castaway Club 6,000

YWCA Cass Clay

4650 38th Ave S Suite 110
Fargo,ND581048529 		  PC PaY Internship YWCA 6,000

Arizona State University

PO Box 870412
Tempe,AZ85287 		  GOV Forward Barry Scholarship 5,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC Forward Barry Scholarship 5,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC Forward Barry Scholarship 5,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC Forward Barry Scholarship 5,000

Dickinson State University

291 Campus Dr
Dickinson,ND58601 		  GOV Forward Barry Scholarship 5,000

Grand Canyon University

3300 W Camelback Rd
Phoenix,AZ85017 		  PC Forward Barry Scholarship 5,000

Minnesota State University - Moorhead

PO Box 90
Moorhead,MN56563 		  GOV Forward Barry Scholarship 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Forward Barry Scholarship 5,000

University of Arizona

1200 East University Blvd
Tuscon,AZ85721 		  GOV Forward Barry Scholarship 5,000

University of Minnesota Duluth

41 Solen Campus Center
Duluth,MN55812 		  GOV Forward Barry Scholarship 5,000

University of North Dakota

264 Centennial Drive
Grand Forks,ND582028371 		  GOV Forward Barry Scholarship 5,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC FWD Map the System Scholarship 1,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC FWD Map the System Scholarship 1,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC FWD Map the System Scholarship 1,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD Map the System Scholarship 1,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD Map the System Scholarship 1,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD Map the System Scholarship 1,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD Map the System Scholarship 1,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD Map the System Scholarship 1,000

University of Alabama

105 Student Services Building
Tuscaloosa,AL35498 		  GOV FWD Map the System Scholarship 1,000

University of Minnesota

100 Church Street SE
Minneapolis,MN55455 		  GOV FWD Map the System Scholarship 1,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC FWD MTS University Support Grant 2,500

North Dakota State University Foundation and Alumni Association

1241 N University Drive
Fargo,ND58102 		  PC FWD MTS University Support Grant 10,000

University of North Dakota Foundation

3100 University Ave
Grand Forks,ND58202 		  PC FWD MTS University Support Grant 2,500

University of St Thomas

2115 Summit Ave
St Paul,MN551051078 		  PC FWD MTS University Support Grant 2,500

Carthage College

2001 Alford Park Dr
Kenosha,WI53140 		  PC FWD P2P: Student Leader Scholarship 2,500

Minnesota State University - Moorhead

Office of Scholarship and Financial
Aid
Moorhead,MN56563 		  GOV FWD P2P: Student Leader Scholarship 2,500

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD P2P: Student Leader Scholarship 2,500

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD P2P: Student Leader Scholarship 2,500

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD P2P: Student Leader Scholarship 2,500

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD P2P: Student Leader Scholarship 2,500

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD P2P: Student Leader Scholarship 2,500

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV FWD P2P: Student Leader Scholarship 2,500

University of Minnesota

100 Church Street SE
Minneapolis,MN55455 		  GOV FWD P2P: Student Leader Scholarship 2,500

Arizona State University

PO Box 870412
Tempe,AZ85287 		  GOV Barry Scholarship Program 5,000

Bethel University

3900 Bethel Drive
St Paul,MN55112 		  PC Barry Scholarship Program 5,000

Carthage College

2001 Alford Park Dr
Kenosha,WI53140 		  PC Barry Scholarship Program 5,000

Chapman University

One University Drive
Orange,CA92866 		  PC Barry Scholarship Program 5,000

Colorado State University

711 Oval Drive
Fort Collins,CO80523 		  GOV Barry Scholarship Program 5,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC Barry Scholarship Program 6,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC Barry Scholarship Program 5,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC Barry Scholarship Program 5,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC Barry Scholarship Program 5,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC Barry Scholarship Program 5,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC Barry Scholarship Program 5,000

Concordia College

901 8th St S
Moorhead,MN56562 		  PC Barry Scholarship Program 100

Cornell University

PO Box 752
Ithaca,NY35487 		  PC Barry Scholarship Program 5,000

Grand Canyon University

3300 W Camelback Rd
Phoenix,AZ85017 		  PC Barry Scholarship Program 5,000

Grand Canyon University

3300 W Camelback Rd
Phoenix,AZ85017 		  PC Barry Scholarship Program 5,000

Iowa State University

0210 Beardsheer Hall
Ames,IA500112028 		  GOV Barry Scholarship Program 5,000

Macalester College

1600 Grand Ave
Saint Paul,MN55105 		  PC Barry Scholarship Program 5,000

McGill University

845 Sherbrooke St W
Montreal,QuebecH3A 0G4
CA 		  PC Barry Scholarship Program 5,000

Michigan State University

426 Auditorium Rd
East Lansing,MI48824 		  GOV Barry Scholarship Program 5,000

Minnesota State University - Moorhead

PO Box 90
Moorhead,MN56563 		  GOV Barry Scholarship Program 10,000

Minnesota State University - Moorhead

PO Box 90
Moorhead,MN56563 		  GOV Barry Scholarship Program 5,250

Minnesota State University - Moorhead

PO Box 90
Moorhead,MN56563 		  GOV Barry Scholarship Program 5,000

Minnesota State University - Moorhead

PO Box 90
Moorhead,MN56563 		  GOV Barry Scholarship Program 5,000

Minnesota State University Mankato

128 Wigley Administration Center
Mankato,MN56001 		  GOV Barry Scholarship Program 8,500

North Dakota State College of Science

800 North 6th ST
Wahpeton,ND58067 		  GOV Barry Scholarship Program 7,500

North Dakota State College of Science

800 North 6th ST
Wahpeton,ND58067 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 7,500

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 5,000

North Dakota State University

NDSU Department 2836 PO Box 6050
Fargo,ND581086050 		  GOV Barry Scholarship Program 2,500

Palmer College of Chiropractic

1000 Brady Street
Davenport,IA52803 		  PC Barry Scholarship Program 4,000

St Catherine University

2004 Randolph Ave
St Paul,MN55105 		  PC Barry Scholarship Program 5,000

St Olaf College

1520 St Olaf Ave
Northfield,MN55057 		  PC Barry Scholarship Program 5,000

University of Jamestown

6000 College Lane
Jamestown,ND58405 		  PC Barry Scholarship Program 5,000

University of Jamestown

6000 College Lane
Jamestown,ND58405 		  PC Barry Scholarship Program 5,000

University of Minnesota

100 Church Street SE
Minneapolis,MN55455 		  GOV Barry Scholarship Program 5,000

University of Minnesota

100 Church Street SE
Minneapolis,MN55455 		  GOV Barry Scholarship Program 5,000

University of Minnesota

100 Church Street SE
Minneapolis,MN55455 		  GOV Barry Scholarship Program 5,000

University of Minnesota

100 Church Street SE
Minneapolis,MN55455 		  GOV Barry Scholarship Program 5,000

University of Minnesota

100 Church Street SE
Minneapolis,MN55455 		  GOV Barry Scholarship Program 5,000

University of Minnesota Duluth

41 Solen Campus Center
Duluth,MN55812 		  GOV Barry Scholarship Program 5,000

University of Minnesota Duluth

41 Solen Campus Center
Duluth,MN55812 		  GOV Barry Scholarship Program 5,000

University of North Dakota

264 Centennial Drive
Grand Forks,ND582028371 		  GOV Barry Scholarship Program 5,000

University of North Dakota

264 Centennial Drive
Grand Forks,ND582028371 		  GOV Barry Scholarship Program 5,000

University of North Dakota

264 Centennial Drive
Grand Forks,ND582028371 		  GOV Barry Scholarship Program 5,000

University of North Dakota

264 Centennial Drive
Grand Forks,ND582028371 		  GOV Barry Scholarship Program 5,000

University of North Dakota

264 Centennial Drive
Grand Forks,ND582028371 		  GOV Barry Scholarship Program 5,000

University of North Dakota

264 Centennial Drive
Grand Forks,ND582028371 		  GOV Barry Scholarship Program 5,000

University of North Dakota

264 Centennial Drive
Grand Forks,ND582028371 		  GOV Barry Scholarship Program 5,000

University of North Dakota

264 Centennial Drive
Grand Forks,ND582028371 		  GOV Barry Scholarship Program 2,500

University of St Thomas

2115 Summit Ave
St Paul,MN551051078 		  PC Barry Scholarship Program 5,000

University of St Thomas

2115 Summit Ave
St Paul,MN551051078 		  PC Barry Scholarship Program 5,000

University of Texas at Dallas

800 W Campbell Rd
Richardson,TX75080 		  GOV Barry Scholarship Program 5,000

University of Wisconsin Eau Claire

105 Garfield Ave
Eau Claire,WI54701 		  GOV Barry Scholarship Program 5,000
Total .................................right arrow 3a 1,392,400
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 1,048,034  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 76,598  
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 1,124,632 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,124,632
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
The Barry Foundation
 
Employer identification number

20-5767275
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
The Barry Foundation
  		Employer identification number
20-5767275
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
B John Barry
225 Broadway Suite 801
 
Fargo, ND58102

$ 598,017


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
The Barry Foundation
  		Employer identification number

20-5767275
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Securities $ 498,017 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
The Barry Foundation
  		Employer identification number

20-5767275
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
The Barry Foundation
EIN:
20-5767275
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Eide Bailly 19,575 0   22,800

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Barry Foundation
EIN:
20-5767275
Name of Bond End of Year Book Value End of Year Fair Market Value
Metropolitan West Total Return Bond Fund 3,714,464 3,714,464
Ninety One EM Blended Debt Fund 1,212,425 1,212,425
Oaktree High Yield Bond Fund, LP 1,551,450 1,551,450
Western Asset US Core Plus 2,199,135 2,199,135

TY 2023 InvestmentsCorpStockSchedule
Name:
The Barry Foundation
EIN:
20-5767275
Name of Stock End of Year Book Value End of Year Fair Market Value
Axis Specialty Finance 4.90% Subordinated Note due 01/15/2040 20,779 20,779
Enstar Finance LLC 5.50% Junior Subordinated Note 4,235 4,235
Assurant Inc 7.00% Subordinated Note due 03/27/2048 85,689 85,689
American Intl 5.75% Preferred Series A-9 9,842 9,842
Bank of America Corp 6.50% Preferred Series Z 24,879 24,879
Bank of America Corp 6.10% Preferred Series AA 84,193 84,193
Bank of America Corp 6.30% Preferred Series DD 150,375 150,375
Bank of America Corp 4.375% Preferred Series RR 44,561 44,561
Bank New York Mellon 4.70% Preferred Series G 82,835 82,835
Capital One Financial 3.95% Preferred Series M 40,072 40,072
Citigroup Inc Bond 6.3% Preferred Ser M 19,721 19,721
Citigroup Inc 5.95% Preferred Series P 44,046 44,046
Citigroup Inc 6.25% Preferred Series T 78,960 78,960
Citigroup Inc 5.00% Preferred Series U 67,949 67,949
Citigroup Inc 7.625% Preferred Series AA 81,688 81,688
Discover Fin Services 6.125% Preferred Series D 43,480 43,480
Fifth Third Bankcorp 4.50% Preferred Series L 41,740 41,740
Goldman Sachs 5.30% Preferred Series O 87,908 87,908
Goldman Sachs 5.50% Preferred Series Q 78,882 78,882
Huntington Bancshares 5.625% Preferred Series F 58,685 58,685
JP Morgan Chase 6.75% Preferred Series S 159,676 159,676
JP Morgan Chase 6.10% Preferred Series X 89,506 89,506
JP Morgan Chase 5.00% Preferred Series FF 39,271 39,271
JP Morgan Chase 3.65% Preferred Series KK 45,757 45,757
Keycorp 5.00% Preferred Series D 8,009 8,009
Lloyds Banking Group PLC 8.00% Preferred 200,400 200,400
M&T Bank Corp 5.125% Preferred Series F 38,872 38,872
M&T Bank Corp 3.50% Preferred Series I 36,693 36,693
Markel Corp 6.00% Preferred Series A 44,491 44,491
Metlife Inc 5.875% Preferred Ser D 44,106 44,106
Metlife Inc 3.85% Preferred Ser G 23,665 23,665
Regions Financial 5.75% Preferred Series D 43,627 43,627
Charles Schwab 5.375% Preferred Series G 133,126 133,126
Charles Schwab 4.00% Preferred Series I 83,741 83,741
Truist Fin Corp 5.05% Preferred Series L 49,773 49,773
Truist Fin Corp 4.80% Preferred Series N 41,370 41,370
Voya Financial Inc 6.125% Preferred Ser A 46,620 46,620
Wells Fargo 3.90% Preferred Series BB 110,875 110,875
Prudential Finl Inc 3.70% Preferred 30,343 30,343
Prudential Finl Inc 5.125% Preferred 4,699 4,699
Truist Fin Corp 5.10% Preferred Series Q 86,089 86,089
Equitable Holdings Inc 4.95% Preferred Series B 23,789 23,789
Ally Financial Inc 4.70% Preferred Ser B 30,002 30,002
Ally Financial Inc 4.70% Preferred Ser C 37,315 37,315
Citizens Financial Group Inc 4.00% Preferred Ser G 27,660 27,660
American Express Co 3.55% Preferred Ser D 30,006 30,006
PNC Financial Services 3.40% Preferred Ser T 19,998 19,998
Citigroup Inc 4.15% Preferred Series Y 30,038 30,038
Goldman Sachs 4.125% Preferred Series V 66,791 66,791
PNC Financial Services 6.00% Preferred Ser U 18,940 18,940
PNC Financial Services 6.20% Preferred Ser V 9,722 9,722
PNC Financial Services 6.25% Preferred Series W 37,287 37,287
Citigroup Inc 7.375% Preferred Series Z 10,121 10,121
Wells Fargo 7.625% Preferred Series EE 47,219 47,219
Goldman Sachs 7.50% Preferred Series W 41,796 41,796
PNC Financial Services 5.00% Preferred Ser S 23,366 23,366
Bank of America Corp 6.25% Preferred 29,724 29,724
Wells Fargo 5.875% Preferred Series U 153,384 153,384
AXA Equitable Holdings 5.25% Pref Ser A 19,828 19,828
American Equity 5.95% Preferred Ser A 32,525 32,525
American Equity 6.625% Preferred Series B 21,452 21,452
Aspen Insurance Holdings 5 95% Preferred 19,363 19,363
Aspen Insurance Holdings 5.625% Preferred 13,098 13,098
Athene Holding Ltd 6.375% Preferred Ser C 17,075 17,075
Athene Holding Ltd Pfd 6.35% Ser A 42,712 42,712
Enstar Group 7.00% Preferred Series D 42,335 42,335
Fifth Third Bancorp 6.625% Preferred Serie 22,108 22,108
Huntington Bancshares 6.875% Pref. Ser. J 12,940 12,940
KeyCorp 6.20% Preferred Series H 55,603 55,603
Keycorp 6.125% Preferred Series E 17,259 17,259
Morgan Stanley Pfrd 5.85% Ser. K 102,330 102,330
Morgan Stanley Pfrd 6.375% Ser. I 60,885 60,885
Morgan Stanley Pfrd 6.50% Ser. P 40,930 40,930
Morgan Stanley Pfrd 6.875% Ser. F 42,184 42,184
New York Comm Banc 6.375% Pref Ser A 77,202 77,202
Regions Financial 5.70% Preferred Ser C 77,270 77,270
Reinsurance Group Of America 5.75% Pfrd 21,918 21,918
Reinsurance Group of America 7.125% Pfrd 13,040 13,040
Selective Insurance Group 4.6% Preferred 33,761 33,761
Synchrony Fin 5.625% Preferred Series A 24,064 24,064
Synovus Financial Corp 5.875% Pfd Series E 21,716 21,716
Voya Financial Inc 5.35% Preferred Ser B 97,775 97,775
Wells Fargo & Co Preferred Series Z 4.75% 11,579 11,579
Western Alliance Bancorp. 4.25% Pfrd Ser A 24,461 24,461
Wintrust Financial 6.875% Preferred Ser E 27,845 27,845
Vanguard Large Cap Index Fd Instl Shs 16,823,015 16,823,015
Acadian International Small Cap Fund 2,013,014 2,013,014
Causeway International Value 2,032,315 2,032,315
Lazard Emging Mkts Eqty Inst Shares 350,814 350,814
Sector Global Emerging Markets Fund 1,562,020 1,562,020
WCM Focused Intl Growth Fd Inst Cl 1,958,310 1,958,310
Bank of America Corp. 590,481 590,481
Citigroup, Inc. 331,772 331,772

TY 2023 InvestmentsOtherSchedule2
Name:
The Barry Foundation
EIN:
20-5767275
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Audax Private Equity Fund VI-A, L.P. FMV 1,260,614 1,260,614
Audax Private Equity Fund VII-B, L.P. FMV 137,160 137,160
BREP Asia Private Investors Offshore, LP FMV 277,408 277,408
Blackstone Real Estate VII Private Invest FMV 231,012 231,012
Blackstone/GSO Private Inv Offshore II FMV 47,096 47,096
Carlyle Partners VII, LP FMV 1,163,627 1,163,627
Cerberus Institutional Real Estate Ptnr VI FMV 138,073 138,073
Crestview III Private Investors Offshore FMV 675,812 675,812
GSO Energy Private Investors FMV 19,715 19,715
Global Access PE Vintage 2013 LP FMV 363,046 363,046
HPS Mezzanine Private Investors Offshore FMV 15,239 15,239
Invesco Core Real Estate U.S.A., LP FMV 1,598,986 1,598,986
LibreMax Dislocation Fund LP FMV 687,153 687,153
Makena Perpetual Private Equity Fund, L.P. FMV 823,094 823,094
PEG Digital Growth Fund FMV 154,066 154,066
RS Glbl Engy & Pwr Prvt Inv Offshr VI, LP FMV 244,674 244,674
Starwood Opportunity Fund VIII (TE) LLC FMV 41,322 41,322
TA Realty Value-Add Fund XIII, LP FMV 206,593 206,593
Wellspring Capital Partners VI FMV 1,353,988 1,353,988

TY 2023 LandEtcSchedule2
Name:
The Barry Foundation
EIN:
20-5767275
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Office Equipment and Furniture 53,610 50,563 3,047 3,047
Construction in Progress 223,563 0 223,563 223,563


TY 2023 LegalFeesSchedule
Name:
The Barry Foundation
EIN:
20-5767275
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal fees 34,690 0   34,690


TY 2023 OtherAssetsSchedule
Name:
The Barry Foundation
EIN:
20-5767275
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
FCC Membership deposit 5,000 7,500 7,500
Accrued Income 36,322 37,042 37,042
Operating Lease 21,951 0 0
Taxes Receivable 9,500 0 0


TY 2023 OtherExpensesSchedule
Name:
The Barry Foundation
EIN:
20-5767275
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Membership 12,194 0   12,205
Bank Charges 1,172 0   1,262
Office Supplies 8,429 0   8,469
Postage 1,539 0   1,743
Insurance 10,912 0   11,040
Education/Books 3,614 0   3,614
Hospitality/Gifts 1,938 0   1,746
Program Supplies 12,309 0   12,389
Philanthropic Events 29,403 0   28,611
Office Relocation 2,960 0   2,860


TY 2023 OtherIncomeSchedule2
Name:
The Barry Foundation
EIN:
20-5767275
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Income/(loss) From Passthrough Investments 0 131,350 0


TY 2023 OtherIncreasesSchedule
Name:
The Barry Foundation
EIN:
20-5767275
Description Amount
Unrealized gain/loss 4,948,628


TY 2023 OtherLiabilitiesSchedule
Name:
The Barry Foundation
EIN:
20-5767275
Description Beginning of Year - Book Value End of Year - Book Value
Excise Tax payable 236 5,315
Lease Liability 22,191 0


TY 2023 OtherProfessionalFeesSchedule
Name:
The Barry Foundation
EIN:
20-5767275
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
IT Maintenance and Support 40,686 0   34,433
Consulting 21,403 0   22,928
JP Morgan 18,874 18,874   0
Verus 194,376 194,376   0
Payroll Processing fees 4,687 0   4,687


TY 2023 TaxesSchedule
Name:
The Barry Foundation
EIN:
20-5767275
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal Excise Tax 14,826 0   0