| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
STICHTING SMART FREIGHT CENTRE |
KEIZERGRACHT 560 1017 EM AMSTERDAM NL |
2023-12-12 | 75,000 | TO BE USED IN FURTHERANCE OF THE FOUNDATION'S CHARITABLE AND EDUCATIONAL PURPOSES FOR THE LEARNING ACADEMY FOR THEIR CURRICULUM ON SUSTAINABLE LOGISTICS AND CHANGE MANAGEMENT IN SUPPLY CHAIN. | 75,000 | NO | 10/30/24 | 2023-12-15 | N/A |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMER AIRLN 14-1 A PTT 3.700% 10/01/26 | 260,023 | 245,635 |
| ANALOG DEVICES INC 2.100% 10/01/31 | 298,284 | 255,300 |
| BANK OF AMERICA MTN 3.500% 4/19/26 | 251,832 | 243,376 |
| BROADRIDGE FINANCIAL SOLUTIONS INC 2.900% 12/01/29 | 250,876 | 224,086 |
| COMCAST CORP 3.300% 2/01/27 | 251,086 | 241,182 |
| DOMINION ENERGY SOUTH CAROLINA INC 4.35% 2/01/42 | 204,736 | 151,211 |
| DUKE ENERGY CORP 2.65% 9/01/26 | 251,048 | 237,377 |
| GAVILAN CA JT CMNTY CLG DIST 1.826% 8/01/28 | 250,000 | 223,427 |
| GOLDMAN SACHS GROUP INC/THE VARIABLE 2.650% 10/21/32 | 400,838 | 333,324 |
| JPMORGAN CHASE & CO VARIABLE 2.58% 04/22/32 | 254,809 | 211,460 |
| MONTANA ST TXBL-REF-SER I 10/20/20 1.316% 8/01/30 | 175,000 | 142,020 |
| MORGAN STANLEY MTN 3.625% 1/20/27 | 100,697 | 97,011 |
| OKLAHOMA ST TURNPIKE AUTH TXBL-REF-OKLAHOMA TURNPIKE SYS 10/29/20 1.972% 1/0 | 249,052 | 206,825 |
| PIEDMONT NATURAL GAS CO INC 4.100% 09/18/34 | 340,987 | 269,698 |
| PIERRE SD SCH DIST #32-2 TXBL-REF 11/3/20 2.04% 8/01/33 | 300,000 | 245,943 |
| PLEASANT GROVE TX INDEP SCH DI REF-SER B 11/15/20 1.72% 2/15/31 | 250,000 | 210,070 |
| PPG INDUSTRIES INC 2.550% 06/15/30 | 261,832 | 217,686 |
| PUBLIC SERVICE ELECTRIC AND GAS CO 3% 5/15/27 | 205,961 | 190,398 |
| QUEST DIAGNOSTIC INC 4.250% 4/01/24 | 250,358 | 249,101 |
| STATE STREET CORP 3.300% 12/16/24 | 499,665 | 491,851 |
| SYSCO CORPORATION 3.750% 10/01/25 | 250,166 | 244,003 |
| UNITED STATES TREASURY NOTE/BOND 1.000% 7/31/28 | 199,679 | 175,914 |
| UNITED STATES TREASURY NOTE/BOND 0.750% 3/31/26 | 247,756 | 231,943 |
| UNITED STATES TREASURY NOTE/BOND 0.875% 6/30/26 | 300,032 | 277,419 |
| WOODBURY CNTY IA LAW ENFORME TXBL 10/28/20 2.735% 6/01/35 | 250,000 | 200,180 |
| ELEVANCE HEALTH INC 2.55% 3/15/31 | 255,892 | 216,758 |
| HP INC 4% 4/15/29 | 245,355 | 242,810 |
| KEURIG DR PEPPER INC 4.417% 5/25/25 | 303,250 | 296,823 |
| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 2.4% 3/15/30 | 348,422 | 303,723 |
| PNC BANK NA 2.7% 10/22/29 | 253,254 | 219,145 |
| RALPH LAUREN CORP 2.95% 6/15/30 | 255,032 | 227,240 |
| UNITED STATES TREASURY NOTE/BOND 1.000% 12/15/24 | 349,768 | 337,519 |
| UNITED STATES TREASURY NOTE/BOND 3.500% 9/15/25 | 244,434 | 246,317 |
| UNITED STATES TREASURY NOTE/BOND 4.250% 9/30/24 | 249,785 | 248,720 |
| NEXTERA ENERGY CAPITAL HOLDINGS INC 4.625% 7/15/27 | 245,453 | 249,548 |
| VERIZON COMMUNICATIONS INC 4.329% 9/21/28 | 240,950 | 247,315 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS | 53,968 | 150,796 |
| ALLIANT ENERGY CORP | 410,944 | 418,095 |
| ALPHABET INC CL C | 274,054 | 814,575 |
| AMAZON.COM INC | 1,123,379 | 1,159,302 |
| BIO-TECHNE CORP | 144,520 | 435,182 |
| CHARLES SCWAB CORP | 133,071 | 176,128 |
| DONALDSON INC | 65,554 | 232,973 |
| ECOLAB INC COM | 129,231 | 545,462 |
| ELI LILLY & CO | 97,301 | 338,094 |
| FASTENAL CO | 104,705 | 390,887 |
| FISERV INC | 35,071 | 397,192 |
| GENTHERM INC | 19,215 | 31,416 |
| GRACO INC | 110,676 | 555,264 |
| HB FULLER CO | 147,662 | 278,422 |
| HONEYWELL INTERNATIONAL INC | 23,772 | 140,506 |
| HORMEL FOODS CORP | 207,273 | 256,238 |
| JOHNSON & JOHNSON | 115,040 | 305,643 |
| LITTELFUSE INC | 405,688 | 500,337 |
| MEDTRONIC PLC | 405,388 | 437,850 |
| MICROSOFT CORP | 660,354 | 1,789,950 |
| MOTOROLA SOLUTIONS INC | 155,977 | 344,399 |
| NVENT ELECTRIC PLC | 77,087 | 331,199 |
| NVIDIA CORP | 94,387 | 827,017 |
| POLARIS INC | 93,967 | 77,238 |
| PRINCIPAL FINANCIAL GROUP | 30,596 | 102,664 |
| QUALCOMM INC | 294,283 | 435,336 |
| ROCHE HLDG LTD SPONS ADR | 336,600 | 355,054 |
| ROCKWELL AUTOMATION INC | 157,618 | 242,174 |
| SALESFORCE.COM INC | 327,586 | 396,026 |
| SHERWIN-WILLIAMS CO | 283,895 | 372,721 |
| SYSCO CORP | 186,299 | 173,684 |
| TARGET CORP | 27,851 | 85,452 |
| TENNANT CO | 183,802 | 268,801 |
| TORO CO | 239,179 | 510,667 |
| UNITEDHEALTH GROUP INC COM | 324,079 | 937,117 |
| US BANCORP | 346,699 | 517,629 |
| VISA INC | 113,353 | 212,185 |
| WELLS FARGO & CO | 152,542 | 273,663 |
| WORKIVA INC | 79,600 | 170,570 |
| JPMORGAN CHASE & CO | 323,216 | 426,101 |
| GENERAC HOLDINGS INC | 91,622 | 53,635 |
| ENTEGRIS INC | 224,452 | 217,473 |
| VERIZON COMMUNICATIONS INC | 246,822 | 265,408 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE RE-REGISTRATION FEE | 25 | 0 | 25 | |
| SCHOLARSHIP PROGRAM ADMINISTRATION FEES | 19,470 | 0 | 19,470 | |
| HARDSHIP FUND ADMINISTRATION FEES | 2,475 | 0 | 2,475 |
| Description | Amount |
|---|---|
| BOOK TO TAX TIMING DIFFERENCES | 6,865 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AGENCY FEES | 171,388 | 68,555 | 102,833 | |
| ADR ISSUER FEE | 440 | 440 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ESTIMATED EXCISE TAX PAYMENTS | 14,000 | 0 | 0 | |
| EXCISE TAX PAYMENT | 7,500 | 0 | 0 | |
| FOREIGN TAXES | 4,388 | 4,388 | 0 |