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 LULU FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 390144
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN55439
A Employer identification number

82-3555198
B Telephone number (see instructions)

(612) 219-5126
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$151,933J 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) 503,535
2 Check right arrow.............
3 Interest on savings and temporary cash investments 98 98  
4 Dividends and interest from securities... 281 281  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -8,542
b Gross sales price for all assets on line 6a 464,992
7 Capital gain net income (from Part IV, line 2)... 404,661
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).......      
12 Total. Add lines 1 through 11........ 495,372 405,040  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
46 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
121 0   121
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 167 0   121
25 Contributions, gifts, grants paid....... 350,000 350,000
26 Total expenses and disbursements. Add lines 24 and 25 350,167 0   350,121
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 145,205
b Net investment income (if negative, enter -0-) 405,040
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......... 6,728 151,933 151,933
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,728 151,933 151,933
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 6,728 151,933
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)..... 6,728 151,933
30 Total liabilities and net assets/fund balances (see instructions). 6,728 151,933
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
6,728
2
Enter amount from Part I, line 27a .....................
2
145,205
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
151,933
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
151,933
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 ACCENTURE PLC-CL A   2018-03-23 2023-11-16
b ACCENTURE PLC-CL A   2020-04-01 2023-11-16
c ADOBE INC   2018-03-23 2023-11-16
d ADOBE INC   2019-03-18 2023-11-16
e ADVANCED MICRO DEVICES   2018-05-31 2023-11-16
ADVANCED MICRO DEVICES   2018-10-29 2023-11-16
ALPHABET INC-CL A   2018-03-23 2023-11-16
ALPHABET INC-CL C   2018-03-23 2023-11-16
AMERIPRISE FINANCIAL INC   2018-12-31 2023-11-16
APPLIED INDUSTRIAL TECH INC   2020-04-01 2023-11-16
APPLIED MATERIALS INC   2018-10-29 2023-11-16
ARTHUR J GALLAGHER & CO   2018-03-23 2023-11-16
AUTOLIV INC   2020-04-01 2023-11-16
AUTOMATIC DATA PROCESSING   2018-03-23 2023-11-16
AUTONATION INC   2020-04-01 2023-11-16
AVERY DENNISON CORP   2018-10-29 2023-11-16
AVIS BUDGET GROUP INC   2020-04-01 2023-11-15
AVIS BUDGET GROUP INC   2020-04-01 2023-11-16
BAKER HUGHES CO   2020-04-01 2023-11-16
BUILDERS FIRSTSOURCE INC   2020-04-01 2023-11-15
BUILDERS FIRSTSOURCE INC   2020-04-01 2023-11-16
CADENCE DESIGN SYS INC   2018-03-23 2023-11-16
CAPRI HOLDINGS LTD   2020-04-01 2023-11-16
CARDINAL HEALTH INC   2019-08-06 2023-11-16
CATERPILLAR INC   2020-04-01 2023-11-16
CENCORA INC   2019-05-03 2023-11-16
CHENIERE ENERGY INC   2020-04-01 2023-11-16
DARLING INGREDIENTS INC   2018-03-23 2023-11-16
DEERE & CO   2018-03-23 2023-11-16
DEERE & CO   2020-05-29 2023-11-16
DELL TECHNOLOGIES -C   2020-06-17 2023-11-16
EATON CORP PLC   2018-10-29 2023-11-16
EQUITABLE HOLDINGS INC   2020-04-01 2023-11-16
FACTSET RESEARCH SYSTEMS INC   2018-10-29 2023-11-16
FASTENAL CO   2018-12-31 2023-11-16
FLEX LTD   2018-11-29 2023-11-16
FORTINET INC   2018-03-23 2023-11-16
GARMIN LTD   2018-03-23 2023-11-16
GRANITE CONSTRUCTION INC   2020-10-29 2023-11-16
HCA HEALTHCARE INC   2018-03-23 2023-11-16
IDEXX LABORATORIES INC   2018-10-29 2023-11-16
INTUIT INC   2018-03-23 2023-11-16
JACK IN THE BOX INC   2020-04-01 2023-11-16
LAM RESEARCH CORP   2020-05-29 2023-11-16
LINCOLN ELECTRIC HOLDINGS   2018-10-29 2023-11-16
LINDE PLC   2019-01-31 2023-11-16
LINDE PLC   2018-03-23 2023-11-16
LOEWS CORP   2020-05-05 2023-11-16
LOWE'S COS INC   2018-03-23 2023-11-16
MARATHON PETROLEUM CORP   2021-01-26 2023-11-16
MARSH & MCLENNAN COS   2018-03-23 2023-11-16
MARSH & MCLENNAN COS   2018-03-26 2023-11-16
MATTEL INC   2020-04-01 2023-11-16
MERITAGE HOMES CORP   2018-10-29 2023-11-16
MICROCHIP TECHNOLOGY INC   2018-10-29 2023-11-16
MICROSOFT CORP   2018-03-23 2023-11-16
MOTOROLA SOLUTIONS INC   2018-03-23 2023-11-16
NVIDIA CORP   2019-08-06 2023-11-15
NVIDIA CORP   2019-08-06 2023-11-15
NVIDIA CORP   2020-04-01 2023-11-15
NVIDIA CORP   2019-08-06 2023-11-16
NVIDIA CORP   2019-01-31 2023-11-16
ODP CORP/THE   2020-04-01 2023-11-16
ONEOK INC   2020-05-05 2023-11-16
ORACLE CORP   2018-03-23 2023-11-16
PACCAR INC   2018-10-29 2023-11-16
PARKER HANNIFIN CORP   2018-12-31 2023-11-16
PATTERSON COS INC   2020-04-01 2023-11-16
PRINCIPAL FINANCIAL GROUP   2020-05-12 2023-11-16
PROCTER & GAMBLE CO/THE   2018-05-31 2023-11-16
PROGRESSIVE CORP   2018-03-23 2023-11-16
PROGRESSIVE CORP   2020-04-01 2023-11-16
QUANTA SERVICES INC   2018-03-23 2023-11-16
ROYAL CARIBBEAN GROUP   2020-04-01 2023-11-16
RYDER SYSTEM INC   2020-04-01 2023-11-16
S&P GLOBAL INC   2019-01-31 2023-11-16
SHERWIN-WILLIAMS CO/THE   2018-03-23 2023-11-16
SIMON PROPERTY GROUP INC   2020-04-01 2023-11-16
TERADATA CORP   2020-04-01 2023-11-16
TESLA INC   2019-05-28 2023-11-15
TESLA INC   2019-08-27 2023-11-15
TESLA INC   2019-05-28 2023-11-15
TESLA INC   2019-06-28 2023-11-15
TESLA INC   2019-05-28 2023-11-16
TETRA TECH INC   2020-04-01 2023-11-16
TRACTOR SUPPLY COMPANY   2018-03-23 2023-11-16
TRANE TECHNOLOGIES PLC   2018-03-23 2023-11-16
UNITED RENTALS INC   2018-10-29 2023-11-16
VALERO ENERGY CORP   2020-10-29 2023-11-16
VERTEX PHARMACEUTICALS INC   2018-03-23 2023-11-16
ZOETIS INC   2018-03-23 2023-11-16
(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 2,944   1,326 1,618
b 654   313 341
c 4,187   1,505 2,682
d 598   258 340
e 2,711   316 2,395
118   17 101
10,811   4,106 6,705
10,948   4,086 6,862
1,379   415 964
490   130 360
2,191   436 1,755
487   133 354
305   130 175
2,074   983 1,091
549   105 444
188   89 99
4,461   298 4,163
753   52 701
774   226 548
2,970   264 2,706
927   80 847
536   73 463
530   100 430
310   129 181
2,505   1,107 1,398
196   79 117
685   129 556
126   51 75
382   148 234
382   152 230
291   93 198
1,141   338 803
307   149 158
463   213 250
363   157 206
186   60 126
253   53 200
476   231 245
184   76 108
240   99 141
465   204 261
1,676   510 1,166
210   92 118
705   274 431
392   154 238
1,216   489 727
2,432   981 1,451
268   124 144
2,647   1,089 1,558
442   136 306
1,988   806 1,182
199   82 117
207   90 117
282   70 212
979   374 605
38,262   8,893 29,369
946   313 633
56,593   4,418 52,175
7,806   609 7,197
2,439   313 2,126
10,290   800 9,490
7,840   575 7,265
192   67 125
324   120 204
3,695   1,434 2,261
1,453   614 839
431   149 282
256   117 139
287   140 147
1,216   585 631
1,917   716 1,201
160   72 88
370   66 304
709   194 515
106   25 81
809   383 426
804   388 416
1,204   465 739
281   118 163
50,480   2,604 47,876
10,242   599 9,643
170,704   8,806 161,898
8,047   492 7,555
7,834   415 7,419
496   196 300
1,022   297 725
1,142   325 817
471   109 362
1,105   331 774
349   161 188
527   242 285
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,618
b       341
c       2,682
d       340
e       2,395
      101
      6,705
      6,862
      964
      360
      1,755
      354
      175
      1,091
      444
      99
      4,163
      701
      548
      2,706
      847
      463
      430
      181
      1,398
      117
      556
      75
      234
      230
      198
      803
      158
      250
      206
      126
      200
      245
      108
      141
      261
      1,166
      118
      431
      238
      727
      1,451
      144
      1,558
      306
      1,182
      117
      117
      212
      605
      29,369
      633
      52,175
      7,197
      2,126
      9,490
      7,265
      125
      204
      2,261
      839
      282
      139
      147
      631
      1,201
      88
      304
      515
      81
      426
      416
      739
      163
      47,876
      9,643
      161,898
      7,555
      7,419
      300
      725
      817
      362
      774
      188
      285
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 2 404,661
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 5,630
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 5,630
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 5,630
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 2
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 5,632
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 arrowLUCAS C ERICKSON Telephone no.right arrow (612) 219-5126

Located atright arrow4567 AMERICAN BOULEVARD WESTBLOOMINGTONMN ZIP+4right arrow55437
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
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
 
 
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
RICHARD A ERICKSON PRESIDENT AND DIRECTOR
1.00 		0 0 0
4567 AMERICAN BOULEVARD WEST
BLOOMINGTON,MN55437
TYLER C ERICKSON VICE PRESIDENT,SECRETARY A
1.00 		0 0 0
4567 AMERICAN BOULEVARD WEST
BLOOMINGTON,MN55437
LUCAS C ERICKSON VICE PRESIDENT,TREASURER A
1.00 		0 0 0
4567 AMERICAN BOULEVARD WEST
BLOOMINGTON,MN55437
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
46,030
b
Average of monthly cash balances.......................
1b
55,215
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
101,245
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
101,245
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,519
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
99,726
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,986
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
4,986
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,630
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,630
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
0
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
0
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
0
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
350,121
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
350,121
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 0
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...... 114,212
b From 2019...... 225,036
c From 2020...... 562,568
d From 2021...... 288,475
e From 2022...... 412,280
f Total of lines 3a through e ........ 1,602,571
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 350,121
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..... 0
e Remaining amount distributed out of corpus 350,121
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 1,952,692
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) ... 		114,212
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,838,480
10 Analysis of line 9:
a Excess from 2019.... 225,036
b Excess from 2020.... 562,568
c Excess from 2021.... 288,475
d Excess from 2022.... 412,280
e Excess from 2023.... 350,121
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).)
RICHARD A ERICKSON
TYLER C ERICKSON
LUCAS C ERICKSON
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

AEON

901 N 3RD ST STE 150
MINNEAPOLIS,MN55401 		NONE   TO HELP PROVIDE HOMES TO THOSE WHO NEED THEM. 10,000

AMERICAN CIVIL LIBERTIES UNION OF MN

PO BOX 14720
MINNEAPOLIS,MN55414 		NONE   TO SUPPORT THE CONSTITUTION DEFENSE FUND 30,000

ARTS & MINDS INC

PO BOX 250073
NEW YORK,NY10025 		NONE   TO SERVE INDIVIDUALS WITH DEMENTIA AND THEIR CARE PARTNERS THROUGH ARTS 5,000

ARTS IGNITE

333 WEST 39TH STREET SUITE 804
NEW YORK,NY10018 		NONE   TO HELP YOUNG PEOPLE DEVELOP AGENCY, BUILD CRITICAL LIFE SKILLS, AND EXPERIENCE THE JOY OF CREATIVE EXPRESSION 5,000

CENTER FOR VICTIMS OF TORTURE

2356 UNIVERSITY AVE W STE 430
SAINT PAUL,MN551141860 		NONE   TO SUPPORT YOUR MISSION OF HELPING SURVIVORS FIND PEACE AND DIGNITY. 10,000

CITY HARVEST

150 52ND STREET
BROOKLYN,NY11232 		NONE   TO PROVIDE NUTRITIOUS FOOD THAT WOULD OTHERWISE GO TO WASTE AND DELIVER IT FOR FREE TO NEW YORKERS EXPERIENCING FOOD INSECURITY. 5,000

COMUNIDADES LATINAS UNIDAS EN SERVICIO (CLUES)

797 EAST SEVENTH STREET
SAINT PAUL,MN55106 		NONE   TO SUPPORT THE MINNESOTA LATINO POPULATION CREATE RICH, HEALTHY LIVES. 5,000

EARTH ISLAND INSTITUTE

2150 ALLSTON WAY SUITE 460
BERKELEY,CA94704 		NONE   TO SUPPORT ENVIRONMENTAL ACTION PROJECTS AND THE NEXT GENERATION OF ENVIRONMENTAL LEADERS IN ORDER TO ACHIEVE SOLUTIONS TO THE CRISES THREATENING THE SURVIVAL OF LIFE ON EARTH 5,000

EQUAL JUSTICE INITIATIVE

122 COMMERCE STREET
MONTGOMERY,AL36104 		NONE   TO SUPPORT EFFORTS TO END MASS INCARCERATION AND EXCESSIVE PUNISHMENT IN THE UNITED STATES. 5,000

EVERYTOWN FOR GUN SAFETY SUPPORT FUND

PO BOX 4184
NEW YORK,NY101634184 		NONE   TO SUPPORT YOUR MISSION OF EDUCATING THE PUBLIC ABOUT GUN VIOLENCE. 20,000

FAMILY TREE INC

1919 NICOLLET AVE
MINNEAPOLIS,MN55403 		NONE   TO PROVIDE HEALTH SERVICES TO MARGINALZED COMMUINITIES 5,000

GLOBAL GIVING

1110 VERMONT AVE NW STE 550
WASHINGTON,DC20005 		NONE   TO SUPPORT THE HURRICANE DORIAN RELIEF FUND 5,000

GLOBAL RIGHTS FOR WOMEN

120 S 6TH ST STE 400
MINNEAPOLIS,MN55402 		NONE   TO SUPPORT YOUR MISSION OF CHANGING THE WORLD FOR WOMEN AND GIRLS 10,000

HAWAII COMMUNITY FOUNDATION

827 FORT STREET MALL
HONOLULU,HI968134317 		NONE   TO PROVIDE FINANCIAL RESOURCES TO SUPPORT THE IMMEDIATE AND LONG-TERM RECOVERY NEEDS FOR THE PEOPLE AND PLACES AFFECTED BY THE DEVASTATING MAUI WILDFIRES 5,000

HEALTHWELL FOUNDATION

20440 CENTURY BLVD STE 250
GERMANTOWN,MD20874 		NONE   TO SUPPORT UNDERINSURED AMERICANS AND PROVIDE ASSISTANCE WITH ACCESSING LIFE-CHANGING MEDICAL TREATMENTS. 5,000

NEIGHBORHOOD DEVELOPMENT CENTER

663 UNIVERSITY AVE STE 200
SAINT PAUL,MN55104 		NONE   TO SUPPORT YOUR MISSION OF REVITALIZING NEIGHBORHOODS IN THE TWIN CITIES. 10,000

NONVIOLENT PEACEFORCE

2610 UNIVERSITY AVE W STE 550
SAINT PAUL,MN55114 		NONE   TO SUPPORT EFFICIENT, SAFE, AND EFFECTIVE WORK OF YOUR PROTECTION AND ADVOCACY STAFF 10,000

PAGE EDUCATION FOUNDATION

PO BOX 581254
MINNEAPOLIS,MN554581254 		NONE   TO SUPPORT CHANGING THE FUTURE FOR MINNESOTA'S STUDENTS OF COLOR BY ENCOURAGING AND SUPPORTING THEIR EDUCATIONAL ACCOMPLISHMENTS 20,000

PEN AMERICA

588 BROADWAY SUITE 303
NEW YORK,NY10012 		NONE   TO SUPPORT THE MISSION TO UNITE WRITERS AND THEIR ALLIES TO CELEBRATE CREATIVE EXPRESSION AND DEFEND THE LIBERTIES THAT MAKE IT POSSIBLE. 5,000

PLANNED PARENTHOOD NORTH CENTRAL STATES

671 VANDALIA ST
SAINT PAUL,MN55114 		NONE   TO PROVIDE CLINICAL SERVICES AND PROGRAMS TO WOMEN AND CHILDREN. 30,000

RAINFOREST FOUNDATION INC

PO BOX 26908
BROOKLYN,NY11202 		NONE   TO SUPPORT INDIGENOUS PEOPLES ON THE GROUND IN CENTRAL AND SOUTH AMERICA WHOARE FIGHTING TO PROTECT THE RAINFOREST 5,000

REPORTERS WITHOUT BORDERS

1155 15TH STREET NW STE 800
WASHINGTON,DC200052706 		NONE   TO SUPPORT YOUR MISSION OF UPHOLDING THE INTEGRITY OF JOURNALISM. 10,000

SAVE OUR SONS

405 WESTERN AVE NORTH
SAINT PAUL,MN55103 		NONE   TO SUPPORT THE MISSION TO RECLAIM YOUTH ON BEHALF OF COMMUNITY, ANCESTORS, GOD AND FAMILY. 5,000

SON OF A SAINT

2803 ST PHILIP ST
NEW ORLEANS,LA70119 		NONE   TO IMPROVE THE LIVES OF FATHERLESS BOYS IN NEW ORLEANS. 5,000

SOUTHERN POVERTY LAW CENTER

400 WASHINGTON AVE
MONTGOMERY,AL36104 		NONE   TO SUPPORT YOUR MISSION OF EQUAL JUSTICE AND EQUAL OPPORTUNITY. 20,000

SUMMIT ACADEMY OIC

935 OLSON MEMORIAL HWY
MINNEAPOLIS,MN554051359 		NONE   TO ASSIST INDIVIDUALS IN DEVELOPING THEIR ABILITY TO EARN AND TO BECOME CONTRIBUTING CITIZENS IN THEIR COMMUNITY. 20,000

SYRIAN AMERICAN MEDICAL SOCIETY (SAMS) FOUNDATION

PO BOX 34115
WASHINGTON,DC20043 		NONE   TO PROVIDE MEDICAL RELIEF AND HEALTHCARE TO INNOCENT CIVILIANS AFFECTED BY THE SYRIAN CRISIS AND ELSEWHERE 5,000

THE BAIL PROJECT

PO BOX 750
VENICE,CA90294 		NONE   TO PROVIDE BAIL TO PEOPLE IN NEED, REUNITE FAMILIES AND RESTORE THE PRESUMPTION OF INNOCENCE. 5,000

THE COALITION FOR THE HOMELESS

129 FULTON STREET
NEW YORK,NY10038 		NONE   TO PROVIDE EMERGENCY FOOD AND CLOTHING, EVICTION PREVENTION, CRISIS SERVICES, PERMANENT HOUSING, YOUTH PROGRAMS, AND JOB TRAINING TO HOMELESS AND LOW-INCOME NEW YORKERS 5,000

THE TRUST FOR PUBLIC LAND

101 MONTGOMERY ST STE 900
SAN FRANCISCO,CA94104 		NONE   TO PROTECT LAND AND CREATE PARKS, TRAILS AND GREEN SCHOOLYARDS. 10,000

VOTERIDERS

171 PIER AVENUE 313
SANTA MONICA,CA90405 		NONE   TO SUPPORT AMERICANS RIGHT TO VOTE. 20,000

WOMEN IN NEED

115 WEST 31ST STREET
NEW YORK,NY100013596 		NONE   TO SUPPORT YOUR EFFORTS TO BREAK THE CYCLE OF HOMELESSNESS FOR WOMEN AND CHILDREN IN NEW YORK CITY. 30,000

WORLD CENTRAL KITCHEN INC

1875 CONNECTICUT AVE NW 11TH FLOOR
WASHINGTON,DC200095728 		NONE   TO PROVIDE MEALS FOR VICTIMS OF HURRICANES 5,000
Total .................................right arrow 3a 350,000
bApproved for future payment

THE LAUNDROMAT PROJECT
1476 FULTON STREET
BROOKLYN,NY11216 		NONE   TO SUPPORT GROWING A COMMUNITY OF MULTIRACIAL, MULTIGENERATIONAL, AND MULTIDISCPILINARY ARTIST AND NEIGHBORS WORKING TO SUPPORT COLLECTIVE WELLBEING 5,000

THE BLACK SCHOOL
1660 N ROMAN ST
NEW ORLEANS,LA70116 		NONE   TO SUPPORT THE BLACK SCHOOL WHICH USES ART AND ACTIVISM TO TRANSFORM SOCIAL REALITIES THROUGH BLACK LOVE, HEALING, AND SELF-DETERMINATION. 5,000
Total ................................. right arrow 3b 10,000
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 ........... 		        98
4 Dividends and interest from securities ....         281
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 ............ 		        -8,542
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 0 -8,163
13Total. Add line 12, columns (b), (d), and (e)..................
13
-8,163
(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.)
3E INTEREST EARNED ON FOUNDATION CHECKING ACCOUNT
4E DIVIDENDS EARNED ON FOUNDATION INVESTMENTS
8E LOSS ON FOUNDATION INVESTMENTS
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 LULU FOUNDATION
 
Employer identification number

82-3555198
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 LULU FOUNDATION
  		Employer identification number
82-3555198
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
RICHARD A ERICKSON
PO BOX 390144
 
MINNEAPOLIS, MN55439

$ 166,187


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
TYLER C ERICKSON
PO BOX 390144
 
MINNEAPOLIS, MN55439

$ 160,601


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
LUCAS C ERICKSON
PO BOX 390144
 
MINNEAPOLIS, MN55439

$ 166,746


(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 LULU FOUNDATION
  		Employer identification number

82-3555198
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
 PUBLICALLY TRADED SECURITIES $ 166,187 2023-11-14
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 PUBLICALLY TRADED SECURITIES $ 150,601 2023-11-15
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 PUBLICALLY TRADED SECURITIES $ 156,746 2023-07-18
(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 LULU FOUNDATION
  		Employer identification number

82-3555198
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 OtherExpensesSchedule
Name:
THE LULU FOUNDATION
EIN:
82-3555198
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FILING FEE 26 0   26
CREDIT CARD ANNUAL FEE 95 0   95


TY 2023 SubstantialContributorsSch
Name:
THE LULU FOUNDATION
EIN:
82-3555198
Name Address
LUCAS C ERICKSON 4567 AMERICAN BLVD W
BLOOMINGTON,MN55437
TYLER C ERICKSON 4567 AMERICAN BLVD W
BLOOMINGTON,MN55437
RICHARD A ERICKSON 4567 AMERICAN BLVD W
BLOOMINGTON,MN55437


TY 2023 TaxesSchedule
Name:
THE LULU FOUNDATION
EIN:
82-3555198
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX EXPENSE 46 0   0