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
EDELSTEIN FAMILY FOUNDATION 984609
 
Number and street (or P.O. box number if mail is not delivered to street address)4150 2ND STREET SOUTH STE 110
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST CLOUD, MN56301
A Employer identification number

41-6013675
B Telephone number (see instructions)

(612) 303-3208
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$46,447,362J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 293 293  
4 Dividends and interest from securities... 1,190,426 1,177,250  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 50,609
b Gross sales price for all assets on line 6a 1,577,899
7 Capital gain net income (from Part IV, line 2)... 50,609
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)....... 4,975    
12 Total. Add lines 1 through 11........ 1,246,303 1,228,152  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 472,855 236,427   236,427
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
28,763 0 0 28,763
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
400 200 0 200
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
11,329 11,329   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
397 397    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 513,744 248,353 0 265,390
25 Contributions, gifts, grants paid....... 1,914,428 1,914,428
26 Total expenses and disbursements. Add lines 24 and 25 2,428,172 248,353 0 2,179,818
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,181,869
b Net investment income (if negative, enter -0-) 979,799
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......... 1,247,507 1,606,378 1,606,378
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).......   Click to see attachment
List of Attached Documents:
// Content
16,118,311 		29,292,353
c Investments—corporate bonds (attach schedule).......   Click to see attachment
List of Attached Documents:
// Content
4,043,231 		3,705,971
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).......... 33,611,927 Click to see attachment
List of Attached Documents:
// Content
2,513,083 		2,322,696
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
9,382,640 		Click to see attachment
List of Attached Documents:
// Content
9,519,964
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 34,859,434 33,663,643 46,447,362
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........ 34,859,434 33,663,643
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)..... 34,859,434 33,663,643
30 Total liabilities and net assets/fund balances (see instructions). 34,859,434 33,663,643
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
34,859,434
2
Enter amount from Part I, line 27a .....................
2
-1,181,869
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
14,627
4
Add lines 1, 2, and 3 ..........................
4
33,692,192
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
28,549
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
33,663,643
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 20000. US TREASURY N/B 1.5% 15 JAN 2023   2020-05-01 2023-01-17
b 100000. US TREASURY N/B 1.5% 15 JAN 2023   2020-05-01 2023-01-17
c 15000. BANK OF AMERICA CORP 1.486% 19 MAY 202024   2021-11-09 2023-05-19
d 20000. BARCLAYS BANK PLC 7.410147% 22 MAY 2023   2020-09-16 2023-05-22
e 100000. BARCLAYS BANK PLC 7.410147% 22 MAY 2023   2020-09-16 2023-05-22
30000. FREDDIE MAC 2.75% 19 JUN 2023   2020-11-17 2023-06-20
150000. FREDDIE MAC 2.75% 19 JUN 2023   2020-11-17 2023-06-20
5. ABBOTT LABORATORIES   2019-11-12 2023-06-21
28. ABBOTT LABORATORIES   2019-11-12 2023-06-21
53. ABBVIE INC   2018-02-23 2023-06-21
11. ABBVIE INC   2018-02-23 2023-06-21
53.071 AB SMALL CAP VALUE PORT-ADV   2018-07-31 2023-06-21
262.484 AB SMALL CAP VALUE PORT-ADV   2018-07-31 2023-06-21
14. ALPHABET INC-CL A   2020-10-01 2023-06-21
76. ALPHABET INC-CL A   2020-10-01 2023-06-21
46. AMGEN INC   2020-11-19 2023-06-21
9. AMGEN INC   2020-09-24 2023-06-21
17. APPLE COMPUTER INC   2021-01-27 2023-06-21
93. APPLE COMPUTER INC   2021-12-22 2023-06-21
2. BERKSHIRE HATHAWAY INC-CL B   2019-11-12 2023-06-21
10. BERKSHIRE HATHAWAY INC-CL B   2019-11-12 2023-06-21
14. BLACK HILLS CORP   2021-01-27 2023-06-21
74. BLACK HILLS CORP   2021-01-27 2023-06-21
9. BLACKROCK INC   2019-11-12 2023-06-21
1. BLACKROCK INC   2019-11-12 2023-06-21
4. BROADCOM INC   2021-05-17 2023-06-21
21. BROADCOM INC   2021-05-17 2023-06-21
9. CHEVRONTEXACO CORP   2019-10-18 2023-06-21
49. CHEVRONTEXACO CORP   2019-10-18 2023-06-21
36. CISCO SYSTEMS INC   2019-11-12 2023-06-21
187. CISCO SYSTEMS INC   2019-11-12 2023-06-21
118. COCA-COLA CO   2020-11-19 2023-06-21
22. COCA-COLA CO   2020-11-19 2023-06-21
1. COSTCO WHOLESALE CORP (NEW)   2021-01-27 2023-06-21
5. COSTCO WHOLESALE CORP (NEW)   2021-01-27 2023-06-21
18. WALT DISNEY CO   2019-11-12 2023-06-21
4. WALT DISNEY CO   2019-11-12 2023-06-21
37. EASTERLY GOVERNMENT PROPERTI   2020-12-22 2023-06-21
193. EASTERLY GOVERNMENT PROPERTI   2020-12-22 2023-06-21
343. FIRST HORIZON CORP   2022-01-03 2023-06-21
65. FIRST HORIZON CORP   2022-01-03 2023-06-21
7. GOLDMAN SACHS GROUP INC   2018-09-25 2023-06-21
1. GOLDMAN SACHS GROUP INC   2018-09-25 2023-06-21
5. HOME DEPOT INC   2019-11-12 2023-06-21
24. HOME DEPOT INC   2019-11-12 2023-06-21
18. INTEL CORP   2019-11-12 2023-06-21
90. INTEL CORP   2019-11-12 2023-06-21
17. ISHARES RUSSELL 2000 GROWTH   2018-08-31 2023-06-21
4. ISHARES RUSSELL 2000 GROWTH   2018-08-31 2023-06-21
86. ISHARES MSCI EAFE VALUE ETF   2022-04-13 2023-06-21
433. ISHARES MSCI EAFE VALUE ETF   2022-04-13 2023-06-21
234. ISHARES MSCI EAFE GROWTH ETF   2022-06-27 2023-06-21
46. ISHARES MSCI EAFE GROWTH ETF   2022-06-27 2023-06-21
64. JOHNSON & JOHNSON   2021-12-22 2023-06-21
13. JOHNSON & JOHNSON   2020-10-01 2023-06-21
20. LOWES COMPANY INC   2021-01-27 2023-06-21
3. LOWES COMPANY INC   2021-01-27 2023-06-21
4. MCDONALDS CORP   2019-11-12 2023-06-21
24. MCDONALDS CORP   2019-11-12 2023-06-21
11. MICROSOFT CORP   2020-11-19 2023-06-21
52. MICROSOFT CORP   2020-11-19 2023-06-21
10. MORGAN STANLEY GROUP INC DEAN   2019-04-25 2023-06-21
53. MORGAN STANLEY GROUP INC DEAN   2019-04-25 2023-06-21
9. ORACLE CORP   2020-10-01 2023-06-21
42. ORACLE CORP   2020-10-01 2023-06-21
3. PEPSICO INC   2020-10-01 2023-06-21
11. PEPSICO INC   2020-10-01 2023-06-21
5. PROCTER & GAMBLE   2020-11-19 2023-06-21
28. PROCTER & GAMBLE   2020-11-19 2023-06-21
25. RTX CORP   2019-11-12 2023-06-21
128. RTX CORP   2019-11-12 2023-06-21
2. SALESFORCE INC   2021-01-27 2023-06-21
10. SALESFORCE INC   2021-12-22 2023-06-21
101. STARBUCKS CORP   2020-10-01 2023-06-21
19. STARBUCKS CORP   2020-10-01 2023-06-21
14. TARGET CORP   2020-10-26 2023-06-21
2. TARGET CORP   2020-10-26 2023-06-21
11. TEXAS INSTRUMENTS INC   2021-12-22 2023-06-21
56. TEXAS INSTRUMENTS INC   2021-12-22 2023-06-21
10. UNITED PARCEL SERVICE-CL B   2020-11-19 2023-06-21
54. UNITED PARCEL SERVICE-CL B   2020-11-19 2023-06-21
36. VANGUARD FTSE EMERGING MARKE   2022-06-27 2023-06-21
181. VANGUARD FTSE EMERGING MARKE   2022-06-27 2023-06-21
43. VANGUARD COMMUNICATION SERVI   2020-11-19 2023-06-21
9. VANGUARD COMMUNICATION SERVI   2020-11-19 2023-06-21
83. VERIZON COMMUNICATION INC   2019-10-31 2023-06-21
17. VERIZON COMMUNICATION INC   2019-10-31 2023-06-21
14. VISA INC-CLASS A SHARES   2021-12-22 2023-06-21
3. VISA INC-CLASS A SHARES   2020-10-01 2023-06-21
17. WAL-MART STORES INC   2020-11-19 2023-06-21
87. WAL-MART STORES INC   2020-11-19 2023-06-21
25000. US TREASURY N/B .125% 15 JUL 2023   2021-06-17 2023-07-17
100000. US TREASURY N/B .125% 15 JUL 2023   2021-06-17 2023-07-17
20000. FEDERAL FARM CREDIT BANK .27% 05 OCT 2023   2021-04-22 2023-10-05
165000. FEDERAL FARM CREDIT BANK .27% 05 OCT 2023   2021-04-22 2023-10-05
20000. US TREASURY N/B .125% 15 OCT 2023   2021-06-24 2023-10-16
65000. US TREASURY N/B .125% 15 OCT 2023   2021-06-24 2023-10-16
45000. BARCLAYS BANK PLC 3% 17 OCT 2023   2020-04-15 2023-10-17
205000. BARCLAYS BANK PLC 3% 17 OCT 2023   2020-04-15 2023-10-17
20000. US TREASURY N/B 1.625% 31 OCT 2023   2022-06-29 2023-10-31
100000. US TREASURY N/B 1.625% 31 OCT 2023   2022-06-29 2023-10-31
CAPITAL GAIN DIVIDENDS P    
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(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 20,000   20,000  
b 100,000   100,000  
c 15,000   15,000  
d 20,000   20,000  
e 100,000   100,000  
30,000   30,000  
150,000   150,000  
531   423 108
2,970   2,370 600
7,241   6,265 976
1,504   1,300 204
676   742 -66
3,344   3,672 -328
1,694   1,040 654
9,193   5,645 3,548
10,531   10,335 196
2,062   2,250 -188
3,132   2,420 712
17,123   16,175 948
682   443 239
3,408   2,217 1,191
861   863 -2
4,556   4,543 13
6,240   4,372 1,868
693   486 207
3,406   1,750 1,656
17,890   9,188 8,702
1,401   1,092 309
7,628   6,017 1,611
1,838   1,750 88
9,541   9,089 452
7,255   6,227 1,028
1,353   1,161 192
521   358 163
2,603   1,791 812
1,589   2,499 -910
353   555 -202
532   786 -254
2,779   4,100 -1,321
3,993   5,751 -1,758
755   1,090 -335
2,296   1,631 665
328   233 95
1,510   1,168 342
7,251   5,608 1,643
595   1,057 -462
2,977   5,282 -2,305
4,058   3,723 335
954   876 78
4,217   4,284 -67
21,248   21,570 -322
22,318   19,252 3,066
4,385   3,785 600
10,499   10,741 -242
2,133   1,926 207
4,296   3,391 905
644   509 135
1,178   774 404
7,065   4,644 2,421
3,677   2,337 1,340
17,359   11,051 6,308
869   475 394
4,606   2,520 2,086
1,100   540 560
5,137   2,522 2,615
559   414 145
2,047   1,518 529
746   696 50
4,178   3,897 281
2,475   2,123 352
12,668   10,870 1,798
420   451 -31
2,102   2,512 -410
10,333   8,790 1,543
1,945   1,654 291
1,858   2,198 -340
265   314 -49
1,893   2,040 -147
9,634   10,387 -753
1,738   1,669 69
9,393   9,014 379
1,470   1,526 -56
7,390   7,671 -281
4,477   4,595 -118
937   969 -32
2,973   5,004 -2,031
609   1,025 -416
3,195   3,051 144
684   610 74
2,639   2,575 64
13,493   13,177 316
25,000   25,000  
100,000   100,000  
20,000   20,000  
165,000   165,000  
20,000   20,000  
65,000   65,000  
45,000   44,978 22
205,000   204,898 102
20,000   20,000  
100,000   100,000  
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      7,200
      7,200
      7,200
      7,200
      7,200
      7,200
      7,200
      7,200
      7,200
      7,200
      7,200
      7,200
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        
b        
c        
d        
e        
       
       
      108
      600
      976
      204
      -66
      -328
      654
      3,548
      196
      -188
      712
      948
      239
      1,191
      -2
      13
      1,868
      207
      1,656
      8,702
      309
      1,611
      88
      452
      1,028
      192
      163
      812
      -910
      -202
      -254
      -1,321
      -1,758
      -335
      665
      95
      342
      1,643
      -462
      -2,305
      335
      78
      -67
      -322
      3,066
      600
      -242
      207
      905
      135
      404
      2,421
      1,340
      6,308
      394
      2,086
      560
      2,615
      145
      529
      50
      281
      352
      1,798
      -31
      -410
      1,543
      291
      -340
      -49
      -147
      -753
      69
      379
      -56
      -281
      -118
      -32
      -2,031
      -416
      144
      74
      64
      316
       
       
       
       
       
       
      22
      102
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 50,609
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 13,619
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 13,619
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 13,619
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 11,956
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 11,956
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 1,663
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 arrow0 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 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. ...............................
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 arrowBREMER BANK NA Telephone no.right arrow (320) 258-2464

Located atright arrow4150 2ND STREET SOUTH STE 110ST CLOUDMN ZIP+4right arrow56301
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)
 
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
THOMAS KELLER IV CO-TRUSTEE
1 		37,500    
3116 W LAKE ST UNIT 322
MINNEAPOLIS,MN55416
BREMER BANK N A CO-TRUSTEE
1 		322,855    
4150 2ND STREET SOUTH STE 110
ST CLOUD,MN56301
VICTORIA HARRIS KELLER CO-TRUSTEE
1 		75,000    
1034 PORTLAND AVE
MINNEAPOLIS,MN55404
JASMINE KELLER CO-TRUSTEE
1 		37,500    
4206 WEST 44TH ST
EDINA,MN55424
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
43,188,280
b
Average of monthly cash balances.......................
1b
1,222,580
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
44,410,860
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
44,410,860
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
666,163
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
43,744,697
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,187,235
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,187,235
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
13,619
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
13,619
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,173,616
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,173,616
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,173,616
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,179,818
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
2,179,818
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 2,173,616
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,893,565
b Total for prior years:20 , 20, 20 0
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$ 2,179,818
a Applied to 2022, but not more than line 2a 1,893,565
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..... 286,253
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 .......... 		1,887,363
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 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

THEATRE COMMUNICATIONS GROUP

520 8TH AVE 24TH FLOOR
NEW YORK,NY100185156 		NONE PC PROGRAM SUPPORT 36,546

THE PLAYWRIGHTS CENTER

2301 E FRANKLIN AVE
MINNEAPOLIS,MN55406 		NONE PC PROGRAM SUPPORT 62,096

NEW YORK SHAKESPEARE FESTIVAL

425 LAFAYETTE ST
NEW YORK,NY10003 		NONE PC PROGRAM SUPPORT 100,000

PILLSBURY HOUSE THEATRE

3501 CHICAGO AVE S
MINNEAPOLIS,MN55406 		NONE PC PROGRAM SUPPORT 65,746

MIXED BLOOD THEATRE

150 S 4TH ST
MINNEAPOLIS,MN55454 		NONE PC PROGRAM SUPPORT 25,596

THEATRE LATTE DA

345 13TH AVE NE
MINNEAPOLIS,MN55413 		NONE PC PROGRAM SUPPORT 29,046

BRANDEIS UNIVERSITY

415 SOUTH ST MS012
WALTHAM,MA024532728 		NONE PC PROGRAM SUPPORT 299,137

SHOLOM FOUNDATION

3610 PHILLIPS PKWY
MINNEAPOLIS,MN55426 		NONE PC PROGRAM SUPPORT 199,425

JEWISH FEDERATION OF GREATER ST PAUL
C/O ELI SKORA
790 CLEVELAND AVE STE 227
ST PAUL,MN55116 		NONE PC PROGRAM SUPPORT 299,137

MINNESOTA MASONIC HOME

11501 MASONIC HOME DR
BLOOMINGTON,MN55437 		NONE PC PROGRAM SUPPORT 39,885

NORTH BRANCH PUBLIC SCHOOLSISD 138

38705 GRAND AVE
NORTH BRANCH,MN55056 		NONE PC PROGRAM SUPPORT 59,827

ST PAUL & MINNESOTA FOUNDATION

101 5TH ST E STE 2400
SAINT PAUL,MN55101 		NONE PC PROGRAM SUPPORT 199,425

UNIVERSITY OF MN GREATER UNIVERSITY FUND
C/O DONNA SEMEJA
200 OAK ST SE STE 500
MINNEAPOLIS,MN55455 		NONE PC PROGRAM SUPPORT 299,137

NATIONAL JEWISH HEALTH

1400 JACKSON ST
DENVER,CO80206 		NONE PC PROGRAM SUPPORT 199,425
Total .................................right arrow 3a 1,914,428
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 ........... 		    14 293  
4 Dividends and interest from securities ....     14 1,190,426  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 50,609  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER REVENUE 		    14 4,975  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,246,303  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,246,303
(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:
EDELSTEIN FAMILY FOUNDATION 984609
EIN:
41-6013675
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 400 200   200

TY 2023 InvestmentsCorpBondsSchedule
Name:
EDELSTEIN FAMILY FOUNDATION 984609
EIN:
41-6013675
Name of Bond End of Year Book Value End of Year Fair Market Value
00287YBZ1 ABBVIE INC 2.6% 21 N 91,636 92,801
06048WK25 BANK OF AMERICA CORP 99,930 92,066
06368G4U8 BANK OF MONTREAL 2.2 84,915 76,803
06368GWK9 BANK OF MONTREAL 4.5 175,000 172,898
064159F76 BANK OF NOVA SCOTIA 74,438 52,416
06746XBW2 BARCLAYS BANK PLC 7.    
06747PML0 BARCLAYS BANK PLC 3%    
06748XNQ0 BARCLAYS BANK PLC 4. 44,856 44,426
17290AGE4 CITIGROUP INC 3.65% 100,000 94,546
17298CHP6 CITIGROUP INC 2.75% 169,320 148,305
17298CHW1 CITIGROUP INC 2.25% 99,750 86,007
17328VP20 CITIGROUP GLOBAL MAR 49,875 39,955
38141GXD1 GOLDMAN SACHS GROUP 165,904 166,049
38150AEZ4 GOLDMAN SACHS GROUP 154,121 126,695
38150AGB5 GOLDMAN SACHS GROUP 173,703 142,630
58013MEU4 MCDONALD'S CORP 3.37 101,619 97,917
61766YGE5 MORGAN STANLEY FIN L 99,653 94,065
78014RAB6 ROYAL BANK OF CANADA 90,000 79,565
89114T6J6 TORONTO-DOMINION BAN 79,607 71,646
89114VBM8 TORONTO-DOMINION BAN 100,000 96,625
92343VDY7 VERIZON COMMUNICATIO 201,308 197,203
95001DAY6 WELLS FARGO & COMPAN 99,258 80,811
SUB ACCOUNT FIXED INCOME 1,788,338 1,652,542

TY 2023 InvestmentsCorpStockSchedule
Name:
EDELSTEIN FAMILY FOUNDATION 984609
EIN:
41-6013675
Name of Stock End of Year Book Value End of Year Fair Market Value
002824100 ABBOTT LABORATORIES 106,390 269,782
00287Y109 ABBVIE INC 458,317 731,613
02079K305 ALPHABET INC-CL A 302,394 936,482
031162100 AMGEN INC 702,059 1,174,258
037833100 APPLE INC 164,198 1,574,895
084670702 BERKSHIRE HATHAWAY I 143,534 329,197
092113109 BLACK HILLS CORP 378,050 354,883
09247X101 BLACKROCK INC 365,492 695,713
11135F101 BROADCOM INC 585,872 2,002,553
166764100 CHEVRON CORP 407,658 654,067
17275R102 CISCO SYSTEMS INC 534,459 836,914
191216100 COCA-COLA CO/THE 488,010 621,594
22160K105 COSTCO WHOLESALE COR 113,785 310,238
254687106 WALT DISNEY CO/THE 197,639 147,714
320517105 FIRST HORIZON CORP 501,540 430,223
38141G104 GOLDMAN SACHS GROUP 122,029 224,518
437076102 HOME DEPOT INC 363,149 741,964
458140100 INTEL CORP 284,274 405,568
478160104 JOHNSON & JOHNSON 683,761 896,866
548661107 LOWE'S COS INC 168,700 397,029
580135101 MCDONALD'S CORP 291,846 648,171
594918104 MICROSOFT CORP 263,377 1,731,288
617446448 MORGAN STANLEY 201,998 434,918
68389X105 ORACLE CORP 165,998 401,161
713448108 PEPSICO INC 132,686 171,369
742718109 PROCTER & GAMBLE CO/ 230,400 357,704
75513E101 RTX CORP 701,341 953,559
79466L302 SALESFORCE INC 156,968 223,143
855244109 STARBUCKS CORP 641,199 856,793
87612E106 TARGET CORP 165,262 181,158
882508104 TEXAS INSTRUMENTS IN 489,533 854,516
911312106 UNITED PARCEL SERVIC 525,627 743,069
92343V104 VERIZON COMMUNICATIO 401,564 278,075
92826C839 VISA INC-CLASS A SHA 174,992 317,106
931142103 WALMART INC 690,733 1,229,355
SUB ACCOUNT EQUITIES 3,813,477 6,174,897

TY 2023 InvestmentsOtherSchedule2
Name:
EDELSTEIN FAMILY FOUNDATION 984609
EIN:
41-6013675
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
3130A6UG0 FEDERAL HOME LOAN BA AT COST 50,579 48,406
3130A9YY1 FEDERAL HOME LOAN BA AT COST 306,786 283,566
3130AKGV2 FEDERAL HOME LOAN BA AT COST 89,945 79,644
3130AM4H2 FEDERAL HOME LOAN BA AT COST 100,000 96,462
3130ANAJ9 FEDERAL HOME LOAN BA AT COST 104,990 96,524
3130ASZ77 FEDERAL HOME LOAN BA AT COST 105,000 102,828
3130ATAR8 FEDERAL HOME LOAN BA AT COST 114,972 114,392
3133EHC84 FEDERAL FARM CREDIT AT COST 229,460 215,057
3133EJS59 FEDERAL FARM CREDIT AT COST 72,029 68,741
3133EJVU0 FEDERAL FARM CREDIT AT COST 259,757 244,018
3133EKVA1 FEDERAL FARM CREDIT AT COST 200,000 173,004
3133EL4W1 FEDERAL FARM CREDIT AT COST 99,945 93,982
3133EL5F7 FEDERAL FARM CREDIT AT COST 100,000 85,818
3133EL5U4 FEDERAL FARM CREDIT AT COST 150,000 131,064
3133ELK37 FEDERAL FARM CREDIT AT COST 224,967 212,796
3133ELXP4 FEDERAL FARM CREDIT AT COST 155,000 132,386
3133EMBQ4 FEDERAL FARM CREDIT      
3133ENWX4 FEDERAL FARM CREDIT AT COST 94,656 91,765
3137EAEN5 FREDDIE MAC 2.75% 19      
BALANCE SHEET ADJUSTMENT AT COST 54,997 52,243

TY 2023 LegalFeesSchedule
Name:
EDELSTEIN FAMILY FOUNDATION 984609
EIN:
41-6013675
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES - PRINCIPAL (ALLOCA 17,346     17,346
LEGAL FEES - INCOME (ALLOCABLE 11,417     11,417


TY 2023 OtherAssetsSchedule
Name:
EDELSTEIN FAMILY FOUNDATION 984609
EIN:
41-6013675
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
01878T558 AB SMALL CAP VALUE P   319,713 320,513
27616P103 EASTERLY GOVERNMENT   355,234 229,609
31420C407 FED HER INTERMED COR   420,706 377,078
XXX-XX-XXXX FIDELITY CONSERV INC   512,608 514,261
40168W525 GUGGENHEIM TOT RET B   45,364 41,417
46138G888 INVESCO SHORT TERM T   68,245 68,115
XXX-XX-XXXX ISHARES RUSSELL 2000   330,221 380,348
XXX-XX-XXXX ISHARES MBS ETF   1,238,614 1,072,982
XXX-XX-XXXX ISHARES MSCI EAFE VA   1,914,291 2,002,099
XXX-XX-XXXX ISHARES MSCI EAFE GR   1,709,915 2,012,834
XXX-XX-XXXX LORD ABBETT SHRT DUR   407,261 377,433
9128282Y5 US TREASURY N/B 2.12   92,796 93,052
912828T91 US TREASURY N/B 1.62   0 0
912828Z29 US TREASURY N/B 1.5%   0 0
912828ZY9 US TREASURY N/B .125   0 0
91282CAP6 US TREASURY N/B .125   0 0
91282CEC1 US TREASURY N/B 1.87   291,800 285,913
91282CEG2 US TREASURY N/B 2.25   371,393 372,203
91282CEP2 US TREASURY N/B 2.87   273,245 254,826
XXX-XX-XXXX VANGUARD FTSE EMERGI   681,861 661,217
92204A884 VANGUARD COMMUNICATI   349,373 456,064


TY 2023 OtherDecreasesSchedule
Name:
EDELSTEIN FAMILY FOUNDATION 984609
EIN:
41-6013675
Description Amount
RETURN OF CAPITAL ADJUSTMENT 1,854
2023 TRANSACTIONS POSTED IN 2024 13,699
ADJUSTMENT TO INCOME 199
AMORTIZATION & ACCRETION ADJUSTMENT 12,724
COST BASIS ADJUSTMENT - SALES 73


TY 2023 OtherExpensesSchedule
Name:
EDELSTEIN FAMILY FOUNDATION 984609
EIN:
41-6013675
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE - 211 211   0
OTHER NON-ALLOCABLE EXPENSE - 186 186   0


TY 2023 OtherIncreasesSchedule
Name:
EDELSTEIN FAMILY FOUNDATION 984609
EIN:
41-6013675
Description Amount
2022 TRANSACTIONS POSTED IN 2023 9,772
ACCRUED INTEREST PAID 4,855


TY 2023 TaxesSchedule
Name:
EDELSTEIN FAMILY FOUNDATION 984609
EIN:
41-6013675
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES ON QUALIFIED FOR 9,229 9,229   0
FOREIGN TAXES ON NONQUALIFIED 2,100 2,100   0