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
HELEN GOUGH FDN TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

45-6014772
B Telephone number (see instructions)

(701) 795-6162
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$9,083,136J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 159,875 158,044  
5a Gross rents............ 50 50  
b Net rental income or (loss) -2,478
6a Net gain or (loss) from sale of assets not on line 10 33,988
b Gross sales price for all assets on line 6a 1,151,711
7 Capital gain net income (from Part IV, line 2)... 33,988
8 Net short-term capital gain......... 0
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
691,644 691,644  
12 Total. Add lines 1 through 11........ 885,557 883,726  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 68,428 61,585   6,843
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,850 0 0 1,850
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
21,084 3,459   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 262 0 0 262
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
194,548 194,548    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 286,172 259,592 0 8,955
25 Contributions, gifts, grants paid....... 431,646 431,646
26 Total expenses and disbursements. Add lines 24 and 25 717,818 259,592 0 440,601
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 167,739
b Net investment income (if negative, enter -0-) 624,134
c Adjusted net income (if negative, enter -0-)... 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......... 111,327 221,812 221,812
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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)....... 701,518 Click to see attachment
List of Attached Documents:
// Content
750,651 		1,144,628
c Investments—corporate bonds (attach schedule)....... 315,809 Click to see attachment
List of Attached Documents:
// Content
156,764 		147,646
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).......... 3,328,159 Click to see attachment
List of Attached Documents:
// Content
3,506,919 		7,563,857
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,795 		Click to see attachment
List of Attached Documents:
// Content
5,193 		Click to see attachment
List of Attached Documents:
// Content
5,193
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,460,608 4,641,339 9,083,136
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
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 4,460,608 4,641,339
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)..... 4,460,608 4,641,339
30 Total liabilities and net assets/fund balances (see instructions). 4,460,608 4,641,339
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
4,460,608
2
Enter amount from Part I, line 27a .....................
2
167,739
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
12,996
4
Add lines 1, 2, and 3 ..........................
4
4,641,343
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
4
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,641,339
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 57. ECOLAB INC   2019-12-24 2023-01-04
b 68. ETSY INC   2022-02-17 2023-01-04
c 48. SQUARE INC A   2021-12-17 2023-01-04
d 56. TRANSUNION   2022-09-26 2023-01-04
e 150. TRANSUNION   2019-01-10 2023-01-04
121. MEDTRONIC PLC   2022-01-11 2023-01-04
120. MEDTRONIC PLC   2020-05-04 2023-01-04
2. ALPHABET INC CL A   2022-01-11 2023-01-09
2. AMAZON COM INC   2019-09-19 2023-01-09
39. AMERICAN BEACON STEPHENS MID CAP GR   2022-01-11 2023-01-09
76. ANGEL OAK MULTI STRATEGY INCOME   2022-01-16 2023-01-09
3. APPLE COMPUTER INC   2022-05-05 2023-01-09
129. ARTISAN HIGH INCOME FUND   2021-09-22 2023-01-09
2. COPART INC COM   2022-01-11 2023-01-09
2. GILEAD SCIENCES INC   2021-12-17 2023-01-09
3. ISHARES CORE S P 500 ETF   2021-05-07 2023-01-09
27. ISHARES CORE U.S. AGGREGATE BOND ETF   2022-01-16 2023-01-09
10. ISHARES 1 3 YEAR TREASURY BOND ETF   2022-08-17 2023-01-09
10. ISHARES RUSSELL MIDCAP VALUE ETF   2021-05-07 2023-01-09
20. ISHARES RUSSELL MID CAP ETF   2022-05-05 2023-01-09
6. ISHARES RUSSELL 2000 INDEX FUND   2022-02-17 2023-01-09
18. ISHARES MSCI EAFE VALUE ETF   2021-11-03 2023-01-09
17. ISHARES CORE MSCI EAFE ETF   2021-03-01 2023-01-09
35. ISHARES CORE MSCI EMERGING MKTS ETF   2022-05-05 2023-01-09
15. CLEARBRIDGE INTERNATIONAL GROWTH   2021-11-03 2023-01-09
66. MAINSTAY CBRE GLOBAL INFRASTRUCTURE   2022-08-17 2023-01-09
2. MARATHON PETROLEUM CORP   2019-09-19 2023-01-09
2. MICROSOFT CORP   2022-05-05 2023-01-09
2. SCHWAB CHARLES CORP NEW COM   2020-07-10 2023-01-09
41. SCHWAB US REIT ETF   2022-01-11 2023-01-09
121. STONE RIDGE HY REINSUR-I   2022-05-05 2023-01-09
2. UBER TECHNOLOGIES INC   2022-08-17 2023-01-09
1819.9955 PIONEER ILS INTERVAL FUND   2020-05-18 2023-03-06
113.208 AMERICAN BEACON STEPHENS MID CAP GR   2022-05-05 2023-03-09
177. GILEAD SCIENCES INC   2019-12-24 2023-03-09
219. ISHARES CORE S P 500 ETF   2020-10-27 2023-03-09
85. ISHARES CORE U.S. AGGREGATE BOND ETF   2022-08-22 2023-03-09
1617. ISHARES 1 3 YEAR TREASURY BOND ETF   2022-06-16 2023-03-09
56. MARATHON PETROLEUM CORP   2019-09-19 2023-03-09
41. MOTOROLA SOLUTIONS INC   2022-06-16 2023-03-09
92. SCHWAB CHARLES CORP NEW COM   2020-03-06 2023-03-09
76. TRADE DESK INC THE CLASS A   2021-06-14 2023-03-09
12. TRANSDIGM GROUP INC   2020-07-10 2023-03-09
488.764 PIONEER ILS INTERVAL FUND   2020-05-18 2023-05-30
1991.116 MAINSTAY CBRE GLOBAL INFRASTRUCTURE   2022-08-17 2023-06-26
9470.762 MAINSTAY CBRE GLOBAL INFRASTRUCTURE   2022-02-04 2023-06-26
24. ADOBE SYS INC   2022-02-17 2023-07-06
240. COPART INC COM   2020-05-04 2023-07-06
48. EXACT SCIENCES CORPORATION   2023-03-09 2023-07-06
122. EXACT SCIENCES CORPORATION   2021-09-22 2023-07-06
29. MICROSOFT CORP   2020-05-04 2023-07-06
30. NVIDIA CORP   2022-09-26 2023-07-06
76. NVIDIA CORP   2021-03-01 2023-07-06
75000. BANK OF AMERICA MTN 4.100% 7/24/23   2019-07-18 2023-07-24
75000. AMERICAN HONDA MTN 3.625% 10/10/23   2019-12-24 2023-10-10
75. AIRBNB INC CL A   2021-03-01 2023-10-12
289.967 ANGEL OAK MULTI STRATEGY INCOME   2022-11-28 2023-10-12
263.676 ARTISAN HIGH INCOME FUND   2023-07-27 2023-10-12
14. EQUINIX INC   2022-05-05 2023-10-12
49. ISHARES CORE S P 500 ETF   2023-07-06 2023-10-12
38. ISHARES MSCI EAFE VALUE ETF   2021-03-01 2023-10-12
25. MARATHON PETROLEUM CORP   2022-05-05 2023-10-12
1187. STONE RIDGE HY REINSUR-I   2022-04-10 2023-10-12
214. UBER TECHNOLOGIES INC   2022-08-17 2023-10-12
.6667 VERALTO CORP COM SHS   2023-01-04 2023-10-13
1. ADOBE SYS INC   2023-10-12 2023-10-24
2. ADOBE SYS INC   2022-05-05 2023-10-24
17. ADVANCED MICRO DEVICES INC COM   2023-10-12 2023-10-24
9. ADVANCED MICRO DEVICES INC COM   2022-08-17 2023-10-24
11. AIRBNB INC CL A   2021-06-14 2023-10-24
6. ALBEMARLE CORP   2023-10-12 2023-10-24
11. ALBEMARLE CORP   2023-03-09 2023-10-24
24. ALPHABET INC CL A   2023-10-12 2023-10-24
22. ALPHABET INC CL A   2022-01-11 2023-10-24
23. AMAZON COM INC   2023-10-12 2023-10-24
18. AMAZON COM INC   2019-09-19 2023-10-24
18. AMERICAN TOWER CORP   2023-03-09 2023-10-24
1946. ANGEL OAK MULTI STRATEGY INCOME   2022-11-28 2023-10-24
29. APPLE COMPUTER INC   2023-10-12 2023-10-24
22. APPLE COMPUTER INC   2021-12-17 2023-10-24
2528. ARTISAN HIGH INCOME FUND   2023-03-09 2023-10-24
51. BANK OF AMERICA CORP   2023-07-06 2023-10-24
44. BANK OF AMERICA CORP   2023-03-09 2023-10-24
3. BLACKROCK INC   2023-03-09 2023-10-24
30. CVS CORP COM   2023-07-06 2023-10-24
14. CENTENE CORP COM   2023-10-12 2023-10-24
19. CENTENE CORP COM   2019-09-19 2023-10-24
11. COPART INC COM   2023-10-12 2023-10-24
23. COPART INC COM   2020-05-04 2023-10-24
2. COSTCO WHOLESALE CORP COM   2023-10-12 2023-10-24
1. COSTCO WHOLESALE CORP COM   2021-05-07 2023-10-24
7.99998 DANAHER CORP COM   2023-01-04 2023-10-24
5.00002 DANAHER CORP COM   2023-01-04 2023-10-24
17.99949 EDWARDS LIFESCIENCES CORP COM   2023-03-09 2023-10-24
16.00051 EDWARDS LIFESCIENCES CORP COM   2023-03-09 2023-10-24
6. FACEBOOK INC A   2023-10-12 2023-10-24
4. FACEBOOK INC A   2020-03-06 2023-10-24
15. GILEAD SCIENCES INC   2019-12-24 2023-10-24
5. HOME DEPOT INC   2023-07-06 2023-10-24
4. HOME DEPOT INC   2023-07-06 2023-10-24
2. INTUIT INC COMMON STOCK   2023-10-12 2023-10-24
31. ISHARES CORE S P 500 ETF   2023-07-06 2023-10-24
257. ISHARES CORE U.S. AGGREGATE BOND ETF   2023-10-12 2023-10-24
356. ISHARES CORE U.S. AGGREGATE BOND ETF   2023-07-27 2023-10-24
6.99996 ISHARES 20 YEAR TREASURY BOND ETF   2023-03-09 2023-10-24
54.00004 ISHARES 20 YEAR TREASURY BOND ETF   2023-03-09 2023-10-24
108.00018 ISHARES RUSSELL MIDCAP VALUE ETF   2023-07-06 2023-10-24
96.99982 ISHARES RUSSELL MIDCAP VALUE ETF   2023-03-09 2023-10-24
355.99923 ISHARES RUSSELL MID CAP ETF   2023-03-09 2023-10-24
32.00077 ISHARES RUSSELL MID CAP ETF   2023-03-09 2023-10-24
64.00001 ISHARES RUSSELL 2000 INDEX FUND   2023-03-09 2023-10-24
58.99999 ISHARES RUSSELL 2000 INDEX FUND   2023-03-09 2023-10-24
259. ISHARES MSCI EAFE VALUE ETF   2023-07-06 2023-10-24
71. ISHARES MSCI EAFE VALUE ETF   2021-03-01 2023-10-24
426.99985 ISHARES CORE MSCI EAFE ETF   2023-03-09 2023-10-24
157.00015 ISHARES CORE MSCI EAFE ETF   2023-03-09 2023-10-24
676. ISHARES CORE MSCI EMERGING MKTS ETF   2023-03-09 2023-10-24
15. J P MORGAN CHASE & CO   2023-10-12 2023-10-24
7. J P MORGAN CHASE & CO   2020-07-10 2023-10-24
3. LULULEMON ATHLETICA INC   2022-08-17 2023-10-24
26. MARATHON PETROLEUM CORP   2019-09-19 2023-10-24
3. MASTERCARD INC   2023-10-12 2023-10-24
1. MASTERCARD INC   2019-09-19 2023-10-24
18. MATCH GROUP INC NEW   2023-03-09 2023-10-24
11. MICROSOFT CORP   2023-10-12 2023-10-24
16. MICROSOFT CORP   2020-05-04 2023-10-24
7. NETFLIX.COM INC COM   2023-01-04 2023-10-24
13.00023 NEXTERA ENERGY INC   2023-03-09 2023-10-24
5.99977 NEXTERA ENERGY INC   2023-03-09 2023-10-24
3. NVIDIA CORP   2023-10-12 2023-10-24
4. NVIDIA CORP   2022-09-26 2023-10-24
7. PALO ALTO NETWORKS INC   2023-10-12 2023-10-24
6. PALO ALTO NETWORKS INC   2022-09-26 2023-10-24
4.99996 PAYCOM SOFTWARE INC   2023-07-06 2023-10-24
3.00004 PAYCOM SOFTWARE INC   2023-07-06 2023-10-24
20. PAYPAL HOLDINGS INC   2023-03-09 2023-10-24
2. PAYPAL HOLDINGS INC   2023-03-09 2023-10-24
3. S P GLOBAL INC   2023-10-12 2023-10-24
2. S P GLOBAL INC   2022-05-05 2023-10-24
6. SALESFORCE COM INC   2023-10-12 2023-10-24
7. SALESFORCE COM INC   2021-11-03 2023-10-24
23.99948 SCHWAB CHARLES CORP NEW COM   2023-07-06 2023-10-24
17.00052 SCHWAB CHARLES CORP NEW COM   2023-07-06 2023-10-24
258.0015 SCHWAB US REIT ETF   2023-07-06 2023-10-24
642.9985 SCHWAB US REIT ETF   2023-03-09 2023-10-24
3. SERVICENOW INC   2023-10-12 2023-10-24
1. SERVICENOW INC   2022-01-11 2023-10-24
2386. STONE RIDGE HY REINSUR-I   2022-05-05 2023-10-24
24. TARGET CORP   2023-03-09 2023-10-24
12. TRADE DESK INC THE CLASS A   2023-10-12 2023-10-24
4. TRADE DESK INC THE CLASS A   2021-06-14 2023-10-24
1. TRANSDIGM GROUP INC   2023-10-12 2023-10-24
62. UBER TECHNOLOGIES INC   2022-08-17 2023-10-24
2. UNITEDHEALTH GRP INC COM   2023-10-12 2023-10-24
5. UNITEDHEALTH GRP INC COM   2022-06-16 2023-10-24
3.66682 VERALTO CORP COM SHS   2023-01-04 2023-10-24
.33318 VERALTO CORP COM SHS   2023-01-04 2023-10-24
21. WAL MART STORES INC   2021-12-17 2023-10-24
21. ZILLOW GROUP INC   2023-03-09 2023-10-24
12.99981 APTIV PLC   2023-07-06 2023-10-24
8.00019 APTIV PLC   2023-03-09 2023-10-24
1. CHUBB LTD   2023-10-12 2023-10-24
2. CHUBB LTD   2020-05-04 2023-10-24
(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 8,538   10,832 -2,294
b 7,979   9,110 -1,131
c 3,226   8,022 -4,796
d 3,477   3,494 -17
e 9,315   12,110 -2,795
9,825   12,969 -3,144
9,744   11,109 -1,365
179   279 -100
178   182 -4
1,114   1,469 -355
651   777 -126
397   472 -75
1,117   1,325 -208
126   135 -9
172   145 27
1,180   1,271 -91
2,682   3,041 -359
815   825 -10
1,092   1,168 -76
1,392   1,450 -58
1,076   1,214 -138
859   947 -88
1,096   1,215 -119
1,742   1,789 -47
843   1,084 -241
833   895 -62
230   108 122
461   554 -93
173   69 104
810   1,024 -214
997   1,072 -75
56   62 -6
15,015   15,415 -400
3,340   3,468 -128
14,092   12,203 1,889
86,772   77,781 8,991
8,253   8,742 -489
130,564   133,219 -2,655
7,252   3,773 3,479
10,973   8,077 2,896
6,244   3,160 3,084
4,237   4,984 -747
9,003   4,997 4,006
4,150   4,140 10
24,471   24,694 -223
116,396   122,716 -6,320
11,482   10,805 677
21,295   10,082 11,213
4,404   3,128 1,276
11,193   10,925 268
9,863   5,929 3,934
12,490   4,836 7,654
31,641   10,909 20,732
75,000   79,883 -4,883
75,000   79,162 -4,162
9,489   12,381 -2,892
2,418   2,500 -82
2,257   2,294 -37
10,457   10,030 427
21,368   21,592 -224
1,852   1,913 -61
3,673   2,351 1,322
10,790   10,527 263
9,899   6,623 3,276
50   62 -12
533   560 -27
1,066   799 267
1,699   1,852 -153
899   884 15
1,332   1,627 -295
839   1,023 -184
1,538   2,630 -1,092
3,306   3,340 -34
3,031   2,981 50
2,915   3,044 -129
2,281   1,642 639
2,913   3,482 -569
16,152   16,775 -623
4,985   5,243 -258
3,782   3,567 215
21,437   21,837 -400
1,297   1,443 -146
1,119   1,348 -229
1,834   1,972 -138
2,061   2,114 -53
969   995 -26
1,315   884 431
486   507 -21
1,016   441 575
1,101   1,132 -31
551   385 166
1,595   1,886 -291
997   1,179 -182
1,237   1,383 -146
1,100   1,229 -129
1,871   1,962 -91
1,248   866 382
1,167   997 170
1,412   1,518 -106
1,130   1,214 -84
1,002   1,090 -88
13,124   13,661 -537
23,788   23,995 -207
32,951   34,707 -1,756
593   718 -125
4,578   5,537 -959
10,752   11,682 -930
9,657   10,464 -807
23,604   25,082 -1,478
2,122   2,246 -124
10,606   11,635 -1,029
9,778   10,781 -1,003
12,198   12,350 -152
3,344   3,544 -200
26,537   27,978 -1,441
9,757   10,266 -509
31,451   32,419 -968
2,117   2,192 -75
988   659 329
1,199   992 207
3,883   1,909 1,974
1,153   1,201 -48
384   277 107
653   676 -23
3,611   3,631 -20
5,252   2,830 2,422
2,879   2,365 514
714   797 -83
329   446 -117
1,290   1,413 -123
1,720   494 1,226
1,745   1,846 -101
1,495   990 505
1,291   1,595 -304
775   957 -182
1,074   1,374 -300
107   153 -46
1,037   1,103 -66
692   695 -3
1,210   1,234 -24
1,412   2,117 -705
1,193   1,340 -147
845   949 -104
4,374   5,130 -756
10,902   12,658 -1,756
1,649   1,688 -39
550   572 -22
21,856   21,140 716
2,604   3,886 -1,282
903   1,019 -116
301   243 58
827   860 -33
2,701   1,919 782
1,045   1,054 -9
2,612   2,275 337
265   342 -77
24   31 -7
3,418   2,953 465
805   855 -50
1,179   1,354 -175
726   882 -156
210   210  
420   199 221
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       -2,294
b       -1,131
c       -4,796
d       -17
e       -2,795
      -3,144
      -1,365
      -100
      -4
      -355
      -126
      -75
      -208
      -9
      27
      -91
      -359
      -10
      -76
      -58
      -138
      -88
      -119
      -47
      -241
      -62
      122
      -93
      104
      -214
      -75
      -6
      -400
      -128
      1,889
      8,991
      -489
      -2,655
      3,479
      2,896
      3,084
      -747
      4,006
      10
      -223
      -6,320
      677
      11,213
      1,276
      268
      3,934
      7,654
      20,732
      -4,883
      -4,162
      -2,892
      -82
      -37
      427
      -224
      -61
      1,322
      263
      3,276
      -12
      -27
      267
      -153
      15
      -295
      -184
      -1,092
      -34
      50
      -129
      639
      -569
      -623
      -258
      215
      -400
      -146
      -229
      -138
      -53
      -26
      431
      -21
      575
      -31
      166
      -291
      -182
      -146
      -129
      -91
      382
      170
      -106
      -84
      -88
      -537
      -207
      -1,756
      -125
      -959
      -930
      -807
      -1,478
      -124
      -1,029
      -1,003
      -152
      -200
      -1,441
      -509
      -968
      -75
      329
      207
      1,974
      -48
      107
      -23
      -20
      2,422
      514
      -83
      -117
      -123
      1,226
      -101
      505
      -304
      -182
      -300
      -46
      -66
      -3
      -24
      -705
      -147
      -104
      -756
      -1,756
      -39
      -22
      716
      -1,282
      -116
      58
      -33
      782
      -9
      337
      -77
      -7
      465
      -50
      -175
      -156
       
      221
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 33,988
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 8,675
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 8,675
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 8,675
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 11,589
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,589
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 2,914
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,914 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 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 arrow  
14
The books are in care ofright arrowUS BANK NATIONAL ASSOCIATION Telephone no.right arrow (701) 280-3623

Located atright arrow600 DEMERS AVEGRAND FORKSND ZIP+4right arrow58201
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)
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
US BANK NA TRUSTEE
1 		63,928    
PO BOX 0634
MILWAUKEE,WI532010634
MARTHA HUNTER FOUNDATION MANAGER
1 		4,500    
PO BOX 476
NEWTON,ND58763
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 arrow  
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
9,387,682
b
Average of monthly cash balances.......................
1b
159,337
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
9,547,019
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
9,547,019
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
143,205
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,403,814
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
470,191
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
470,191
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
8,675
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
8,675
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
461,516
4
Recoveries of amounts treated as qualifying distributions................
4
12,996
5
Add lines 3 and 4............................
5
474,512
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
474,512
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
440,601
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
440,601
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 7 474,512
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 380,336
b Total for prior years:2021, 20, 20 16,954
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 440,601
a Applied to 2022, but not more than line 2a 380,336
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
16,954
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 43,311
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		431,201
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 0
e Excess from 2023.... 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MARTHA HUNTER DIR HIGHER EDUCATION
404 FRONTAGE RD
NEW TOWN,ND58763
(701) 627-4112
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS CAN BE OBTAINED BY CONTACTING THE LOCAL SCHOOL COUNSELOR'S OFFICE
cAny submission deadlines:
JUNE 1ST
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PRIMARILY FOR ENROLLED MEMBERS OF THE THREE AFFILLIATED TRIBES OF THE FORT BERTHHOLD RESERVATION, NORTH DAKOTA
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

UNIVERSITY OF KANSAS

1450 JAYHAWK
LAWRENCE,KS66045 		NONE I SCHOLARSHIPS 8,000

CHEMEKETA COMMUNITY COLLEGE

4000 LANCASTER DR NE
SALEM,OR97309 		NONE I SCHOLARSHIPS 8,000

HASKELL INDIAN NATIONS UNIVERSITY

155 INDIAN AVENUE BOX 5031
LAWRENCE,KS66046 		NONE I SCHOLARSHIPS 16,000

UNIVERSITY OF NORTH DAKOTA

3450 UNIVERSITY AVE
GRAND FORKS,ND58202 		NONE I SCHOLARSHIPS 24,000

CAREER NETWORK INSTITUTE

1610 E ST ANDREW PL
SANTA ANNA,CA927054941 		NONE I SCHOLARSHIPS 14,000

MONTANA STATE UNIVERSITY NORTHERN

PO BOX 7751
HAVRE,MT59501 		NONE I SCHOLARSHIPS 19,290

SINTE GLESKA UNIVERSITY

E HIGHWAY 18
MISSION,SD575550105 		NONE I SCHOLARSHIPS 8,000

UNIVERSITY OF NORTH TEXAS

1155 UNION CIRCLE 311277
DENTON,TX76203 		NONE I SCHOLARSHIPS 8,000

COFFEYVILLE COMMUNITY COLLEGE

400 W 11TH ST
COFFEYVILLE,KS673375064 		NONE I SCHOLARSHIPS 8,000

OREGON STATE UNIVERSITY

601 SW WESTERN BLVD
CORVALLIS,OR97331 		NONE I SCHOLARSHIPS 16,000

FORT LEWIS COLLEGE

100 RIM DRIVE 101 SKYHAWK STATION
DURANGO,CO81301 		NONE I SCHOLARSHIPS 12,356

SITTING BULL COLLEGE

9299 HIGHWAY 24
FORT YATES,ND585389706 		NONE I SCHOLARSHIPS 8,000

BISMARCK STATE COLLEGE

1500 EDWARDS AVE
BISMARCK,ND58506 		NONE I SCHOLARSHIPS 24,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK ST SE STE 500
MINNEAPOLIS,MN554552010 		NONE I SCHOLARSHIPS 16,000

UNIVERSITY OF MARY

7500 UNIVERSITY DR
BISMARCK,ND585049652 		NONE I SCHOLARSHIPS 8,000

UNITED TRIBES TECHNICAL COLLEGE

3315 UNIVERSITY DR
BISMARCK,ND585047554 		NONE I SCHOLARSHIPS 82,000

NUETA HIDATSA SAHNISH COLLEGE

PO BOX 490
NEW TOWN,ND587630490 		NONE I SCHOLARSHIPS 40,000

NDSCS FOUNDATION

800 6TH ST N
WAHPETON,ND580760001 		NONE I SCHOLARSHIPS 16,000

MINOT STATE UNIVERSITY

500 UNIVERSITY AVE W
MINOT,ND587070001 		NONE I SCHOLARSHIPS 40,000

ARIZONA STATE UNIVERSITY

PO BOX 37100 MC0250
PHOENIX,AZ85069 		NONE I SCHOLARSHIPS 16,000

NORTH DAKOTA STATE UNIVERSITY

1340 ADMINISTRATION AVE
FARGO,ND58105 		NONE I SCHOLARSHIPS 16,000

UNIVERSITY OF NEW MEXICO

700 LOMAS BLVD NE 108
ALBUQUERQUE,NM87102 		NONE I SCHOLARSHIPS 8,000

CALIFORNIA STATE UNIVERSITY

2625 EAST MATOIAN WAY MS SH124
FRESNO,CA937400001 		NONE I SCHOLARSHIPS 8,000

NORTHWEST INDIAN COLLEGE FOUNDATION

2522 KWINA RD
BELLINGHAM,WA982269278 		NONE I SCHOLARSHIPS 8,000
Total .................................right arrow 3a 431,646
bApproved for future payment
Total ................................. right arrow 3b  
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 ....     14 159,875  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....       -2,478  
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 33,988  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOMG ROYALTY INCOME 		    1 691,505  
bOTHER INCOME     1 139  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   883,029  
13Total. Add line 12, columns (b), (d), and (e)..................
13
883,029
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,850     1,850

TY 2023 AppliedToPriorYearElection
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Election:
Pursuant to IRC section 4942(h)(2) and Reg Sec 53.4942(a)-3(d)(2), the above referenced foundation hereby elects to treat current year qualifying distributions in excess of the immediately preceding tax years under distributed income as being made out of undistributed income from the tax year ending 12/31/2021 in the amount of $16,954.

TY 2023 InvestmentsCorpBondsSchedule
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Name of Bond End of Year Book Value End of Year Fair Market Value
06053FAA7 BANK OF AMERICA MTN    
02665WCQ2 AMERICAN HONDA MTN    
747525AF0 QUALCOMM INC 79,326 73,636
94974BGA2 WELLS FARGO MTN 77,438 74,010

TY 2023 InvestmentsCorpStockSchedule
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Name of Stock End of Year Book Value End of Year Fair Market Value
012653101 ALBEMARLE CORP 16,598 20,227
931142103 WAL MART STORES INC 19,507 27,746
594918104 MICROSOFT CORP 28,891 84,609
81762P102 SERVICENOW INC 18,136 27,553
56585A102 MARATHON PETROLEUM C 6,871 31,897
893641100 TRANSDIGM GROUP INC 5,023 13,151
023135106 AMAZON.COM INC 27,264 53,179
H1467J104 CHUBB LTD 3,387 6,328
57636Q104 MASTERCARD INC 8,067 14,501
30303M102 FACEBOOK INC A 14,001 30,087
060505104 BANK OF AMERICA CORP 20,105 26,599
46625H100 J P MORGAN CHASE CO 18,249 32,149
G6095L109 APTIV PLC 16,450 16,060
15135B101 CENTENE CORP COM 16,735 20,927
22160K105 COSTCO WHSL CORP 9,253 19,802
28176E108 EDWARDS LIFESCIENCES 22,735 21,655
037833100 APPLE INC 39,496 82,788
70450Y103 PAYPAL HOLDINGS INC 27,654 11,422
02079K305 ALPHABET INC CL A 30,020 53,920
78409V104 S P GLOBAL INC 12,968 20,264
808513105 SCHWAB CHARLES CORP 15,082 23,598
03027X100 AMERICAN TOWER CORP 24,778 33,246
91324P102 UNITED HEALTH GROUP 20,344 31,062
278865100 ECOLAB INC    
89400J107 TRANSUNION    
375558103 GILEAD SCIENCES INC 8,595 10,369
88339J105 TRADE DESK INC THE C 5,023 9,715
G5960L103 MEDTRONIC PLC    
57667L107 MATCH GROUP INC NEW 10,817 5,621
217204106 COPART INC COM 8,654 14,259
79466L302 SALESFORCE COM INC 22,148 28,419
87612E106 TARGET CORP 24,434 29,196
461202103 INTUIT INC 5,045 11,876
009066101 AIRBNB INC CL A 12,497 12,933
852234103 SQUARE INC A    
98954M101 ZILLOW GROUP INC 10,459 9,813
30063P105 EXACT SCIENCES CORPO    
437076102 HOME DEPOT INC 21,377 25,645
67066G104 NVIDIA CORP 7,786 31,199
620076307 MOTOROLA SOLUTIONS I    
29786A106 ETSY INC    
29444U700 EQUINIX INC    
00724F101 ADOBE SYS INC 10,872 17,301
09247X101 BLACKROCK INC 21,392 23,542
90353T100 UBER TECHNOLOGIES IN 16,621 32,324
65339F101 NEXTERA ENERGY INC 11,811 9,901
550021109 LULULEMON ATHLETICA 10,240 15,850
007903107 ADVANCED MICRO DEVIC 19,875 32,578
697435105 PALO ALTO NETWORKS I 17,230 31,552
126650100 CVS HEALTH CORPORATI 17,929 20,372
235851102 DANAHER CORP 24,051 24,985
64110L106 NETFLIX.COM INC 17,061 27,265
70432V102 PAYCOM SOFTWARE INC 22,049 14,264
92338C103 VERALTO CORP COM SHS 3,071 2,879

TY 2023 InvestmentsOtherSchedule2
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
99MIN3016 VARIOUS MINERAL INTE AT COST 59 3,326,670
72369L107 PIONEER ILS INTERVAL      
74440B884 PGIM TOTAL RETURN BO AT COST 518,058 484,928
464287200 ISHARES CORE S P 500 AT COST 98,839 123,706
024524217 AMERICAN BEACON STEP AT COST 184,746 227,292
464287655 ISHARES RUSSELL 2000 AT COST 174,261 207,534
996206CG1 UND 1/14TH INT IN NW AT COST 12 11,784
03463K406 ANGEL OAK MULTI STRA AT COST 152,797 138,033
996206CH9 UND 57/378 INT IN E1 AT COST 48 47,136
464288877 ISHARES MSCI EAFE VA AT COST 132,791 144,265
996209BQ4 UND 1/2 INT IN E1/2 AT COST 160 157,120
996209WE8 UND 1/2 INT IN SE1/4 AT COST 120 117,840
996215GY9 SW1/4 & N1/2 SE1/4 AT COST 208 204,256
04314H568 ARTISAN HIGH INCOME AT COST 211,577 191,183
996206CE6 UND 1/14TH INT IN W AT COST 22 21,604
808524847 SCHWAB US REIT ETF AT COST 150,902 156,402
996206CF3 UND 1/14TH INT IN E1 AT COST 17 16,694
464287499 ISHARES RUSSELL MID AT COST 198,943 252,545
464287473 ISHARES RUSSELL MIDC AT COST 160,329 201,531
996299C50 NORTH DAKOTA FARM AC      
46432F842 ISHARES CORE MSCI EA AT COST 308,935 344,504
861728400 STONE RIDGE HY REINS AT COST 169,507 176,469
464287457 ISHARES 1 3 YEAR TRE      
46434G103 ISHARES CORE MSCI EM AT COST 294,765 286,536
464287226 ISHARES CORE U.S. AG AT COST 550,440 510,244
524686524 CLEARBRIDGE INTERNAT AT COST 146,879 164,856
56064L298 MAINSTAY CBRE GLOBAL      
464287432 ISHARES 20 YEAR TREA AT COST 52,504 50,725

TY 2023 OtherAssetsSchedule
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INCOME   0 0
000000000 MISCELLANEOUS ENTRY 3,795 5,193 5,193


TY 2023 OtherDecreasesSchedule
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Description Amount
ROUNDING 4


TY 2023 OtherExpensesSchedule
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OMG ROYALTY EXPENSES 192,020 192,020   0
Rent and Royalty Expense 2,528      


TY 2023 OtherIncomeSchedule2
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OMG ROYALTY INCOME 691,505 691,505  
OTHER INCOME 139 139  


TY 2023 OtherIncreasesSchedule
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Description Amount
RECOVERY OF GRANTS PAID 12,996


TY 2023 TaxesSchedule
Name:
HELEN GOUGH FDN TRUST
EIN:
45-6014772
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,931 1,931   0
FEDERAL TAX PAYMENT - PRIOR YE 6,036 0   0
FEDERAL ESTIMATES - PRINCIPAL 11,589 0   0
FOREIGN TAXES ON NONQUALIFIED 1,528 1,528   0