TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
JULIE & DOUG BAKER JR FOUNDATION

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

46-1734894

B Telephone number (see instructions)

(651) 466-8710

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$17,831,902J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	2,101,907
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	396,345		396,345
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		3,500,376
b	Gross sales price for all assets on line 6a 5,453,829
7	Capital gain net income (from Part IV, line 2)...			3,500,376
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).......	List of Attached Documents: // Content	16,040	16,040
12	Total. Add lines 1 through 11........	6,014,668		3,912,761
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	6,094	0	0	6,094
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	2,500	0	0	2,500
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	67,388	60,649		6,739
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	56,959	2,855		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).......	List of Attached Documents: // Content	34,121	34,096		25
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	167,062		97,600	0	15,358
25	Contributions, gifts, grants paid.......	1,523,200				1,523,200
26	Total expenses and disbursements. Add lines 24 and 25	1,690,262		97,600	0	1,538,558
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	4,324,406
b	Net investment income (if negative, enter -0-)			3,815,161
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	3,039,542	3,396,700	3,396,700
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	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).......	7,256,546	List of Attached Documents: // Content 6,415,988	9,183,656
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	489,416	List of Attached Documents: // Content 3,778,067	5,223,591
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 18,742	List of Attached Documents: // Content 27,955	List of Attached Documents: // Content 27,955
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,804,246	13,618,710	17,831,902
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	10,804,246	13,618,710
	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).....	10,804,246	13,618,710
	30	Total liabilities and net assets/fund balances (see instructions).	10,804,246	13,618,710

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

10,804,246

Enter amount from Part I, line 27a .....................

4,324,406

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

28,512

Add lines 1, 2, and 3 ..........................

15,157,164

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

1,538,454

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

13,618,710

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	463. GILEAD SCIENCES INC			2023-02-10
b	136. MOTOROLA SOLUTIONS INC			2023-02-10
c	119. VISA INC		2021-09-28	2023-02-10
d	158. CHUBB LTD			2023-02-10
e	229. AMAZON COM INC COM		2021-09-28	2023-02-24
	58. EXACT SCIENCES CORPORATION		2022-12-07	2023-02-24
	298. EXACT SCIENCES CORPORATION			2023-02-24
	22. MOTOROLA SOLUTIONS INC		2022-05-26	2023-02-24
	174. TRADE DESK INC THE CLASS A			2023-02-24
	28. TRANSDIGM GROUP INC			2023-02-24
	25. ADOBE SYS INC		2022-08-03	2023-03-28
	35. ADOBE SYS INC		2022-01-31	2023-03-28
	168. NVIDIA CORP			2023-03-28
	298. AMAZON COM INC COM		2022-12-07	2023-05-12
	384. AMAZON COM INC COM			2023-05-12
	248. CATERPILLAR INC.			2023-05-12
	540. COPART INC COM			2023-05-24
	379. EXACT SCIENCES CORPORATION		2022-12-07	2023-05-24
	65. MICROSOFT CORP		2021-09-28	2023-05-24
	39. NVIDIA CORP		2022-08-03	2023-05-24
	37. NVIDIA CORP		2021-03-05	2023-05-24
	13158. ECOLAB INC COM			2023-06-30
	28. AIRBNB INC CL A		2021-02-26	2023-08-04
	7. EQUINIX INC		2023-07-06	2023-08-04
	33. EQUINIX INC		2022-03-04	2023-08-04
	233. MARATHON PETROLEUM CORP		2021-09-28	2023-08-04
	692. UBER TECHNOLOGIES INC			2023-08-04
	.3333 VERALTO CORP COM SHS		2020-08-27	2023-10-13
	.6667 VERALTO CORP COM SHS		2022-12-07	2023-10-13
	24. MARATHON PETROLEUM CORP		2023-07-06	2023-10-27
	354. MARATHON PETROLEUM CORP		2021-09-28	2023-10-27
	69. PAYPAL HOLDINGS INC		2023-07-06	2023-10-27
	441. PAYPAL HOLDINGS INC			2023-10-27
	102. VERALTO CORP COM SHS			2023-10-27
	17. BLACKROCK INC		2023-07-06	2023-11-08
	27. BLACKROCK INC		2021-09-28	2023-11-08
	602. MARATHON PETROLEUM CORP			2023-11-08
	93. ACCENTURE PLC CL A		2021-09-28	2023-11-08
	11500. ECOLAB INC COM			2023-11-16
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	39,564	32,080	7,484
b	36,728	28,075	8,653
c	27,134	26,817	317
d	33,757	27,717	6,040
e	21,512	37,760	-16,248
	3,495	2,661	834
	17,955	27,859	-9,904
	5,760	4,752	1,008
	9,528	14,529	-5,001
	20,539	17,604	2,935
	9,262	10,416	-1,154
	12,967	18,411	-5,444
	43,646	30,387	13,259
	33,217	26,154	7,063
	42,803	60,071	-17,268
	52,351	52,407	-56
	46,766	36,380	10,386
	30,662	17,388	13,274
	20,421	18,534	1,887
	11,726	7,172	4,554
	11,125	4,597	6,528
	2,433,901	589,610	1,844,291
	29,758	36,344	-6,586
	5,403	5,446	-43
	25,472	23,817	1,655
	32,234	14,589	17,645
	31,276	25,767	5,509
	25	24	1
	50	63	-13
	3,493	2,721	772
	51,520	22,165	29,355
	3,502	4,567	-1,065
	22,382	102,536	-80,154
	7,008	8,862	-1,854
	11,100	11,551	-451
	17,629	23,143	-5,514
	86,971	34,916	52,055
	29,451	30,246	-795
	2,131,690	515,315	1,616,375
			46
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			46

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			7,484
b			8,653
c			317
d			6,040
e			-16,248
			834
			-9,904
			1,008
			-5,001
			2,935
			-1,154
			-5,444
			13,259
			7,063
			-17,268
			-56
			10,386
			13,274
			1,887
			4,554
			6,528
			1,844,291
			-6,586
			-43
			1,655
			17,645
			5,509
			1
			-13
			772
			29,355
			-1,065
			-80,154
			-1,854
			-451
			-5,514
			52,055
			-795
			1,616,375

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	3,500,376
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	53,031
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	53,031
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	53,031
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	41,184
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	12,613
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	53,797
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	766
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax766	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

The books are in care of right arrow

US BANK NA Telephone no. right arrow

(414) 516-3116

Located at right arrow

PO BOX 0634MILWAUKEEWI ZIP+4 right arrow

532010634

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
DOUGLAS M BAKER JR	C0-TRUSTEE 2	0
318 WEST 48TH STREET MINNEAPOLIS,MN55419	C0-TRUSTEE 2	0
JULIE M BAKER	CO-TRUSTEE 2	0
318 WEST 48TH STREET MINNEAPOLIS,MN55419	CO-TRUSTEE 2	0

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...................				0

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
US BANK NA	ADVISOR/AGENT	67,388
101 E FIFTH ST ST PAUL,MN55101	ADVISOR/AGENT	67,388

Total number of others receiving over $50,000 for professional services............. right arrow

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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

12,632,645

Average of monthly cash balances.......................

2,628,730

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

15,261,375

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

15,261,375

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

228,921

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

15,032,454

Minimum investment return. Enter 5% (0.05) of line 5................

751,623

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.)

Minimum investment return from Part IX, line 6..................

751,623

Tax on investment income for 2022 from Part V, line 5.......

53,031

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

53,031

Distributable amount before adjustments. Subtract line 2c from line 1............

698,592

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

698,592

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

698,592

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,538,558

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

1,538,558

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					698,592
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	1,623,830
b From 2019......	1,884,637
c From 2020......	2,642,996
d From 2021......	2,079,869
e From 2022......	2,446,799
f Total of lines 3a through e ........		10,678,131
4Qualifying distributions for 2023 from Part
XI, line 4: $ 1,538,558
a Applied to 2022, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					698,592
e Remaining amount distributed out of corpus		839,966
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		11,518,097
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		1,623,830
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		9,894,267
10 Analysis of line 9:
a Excess from 2019....	1,884,637
b Excess from 2020....	2,642,996
c Excess from 2021....	2,079,869
d Excess from 2022....	2,446,799
e Excess from 2023....	839,966

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

DOUGLAS M BAKER JR

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
FIDELITY CHARITABLE PO BOX 770001 CINCINNATI,OH452770053	NONE	PC	GENERAL OPERATING	25,000
MILKWEED EDITIONS 1011 SOUTH WASHINGTON AVE MINNEAPOLIS,MN55415	NONE	PC	GENERAL OPERATING	1,000
OUR LADY OF GRACE CATHOLIC CHURCH 5071 EDEN AVENUE EDINA,MN55436	NONE	PC	GENERAL OPERATING	2,000
PARTNERS IN HEALTH 150 STATE ST BREWER,ME044121949	NONE	PC	GENERAL OPERATING	1,000
THE NATURE CONSERVANCY 4245 N FAIRFAX DRIVE SUITE 100 ARLINGTON,VA22203	NONE	PC	GENERAL OPERATING	10,000
EDALLIES 2800 UNIVERSITY AVE SE SUITE 200 MINNEAPOLIS,MN55414	NONE	PC	GENERAL OPERATING	5,000
COLLEGE OF THE HOLY CROSS 1 COLLEGE ST WORCESTER,MA01610	NONE	PC	GENERAL OPERATING	100,000
EDINA GIVENGO 5701 NORMANDALE RD EDINA,MN55424	NONE	PC	GENERAL OPERATING	5,000
JUVENILE DIABETES RESEARCH FND 3001 METRO DR 100 BLOOMINGTON,MN55425	NONE	PC	GENERAL OPERATING	2,500
BANYAN FOUNDATION 2529 13TH AVE S MINNEAPOLIS,MN55404	NONE	PC	GENERAL OPERATING	2,000
ST STEPHENS EPISCOPAL CHURCH 4439 WEST 50TH STREET EDINA,MN55424	NONE	PC	GENERAL OPERATING	185,000
BABYS SPACE A PLACE TO GROW 2438 18TH AVE S MINNEAPOLIS,MN554044006	NONE	PC	GENERAL OPERATING	2,000
PAGE EDUCATION FOUNDATION PO BOX 581254 MINNEAPOLIS,MN554581254	NONE	PC	GENERAL OPERATING	15,000
MAYO CLINIC 200 FIRST ST SW ROCHESTER,MN55905	NONE	PC	GENERAL OPERATING	200,000
GREENLIGHT FUND INC 50 MILK STREET 16TH FLOOR BOSTON,MA021090000	NONE	PC	GENERAL OPERATING	20,000
MINNESOTA HISTORICAL SOCIETY 345 KELLOGG BLVD W SAINT PAUL,MN551021903	NONE	PC	GENERAL OPERATING	1,200
MONTESSORI TRAINING CENTER OF MN 1611 AMES AVENUE ST PAUL,MN55106	NONE	PC	GENERAL OPERATING	5,000
CITIZENS LEAGUE 400 ROBERT ST N STE 1820 SAINT PAUL,MN551012020	NONE	PC	GENERAL OPERATING	1,000
CONSTELLATION FUND 323 WASHINGTON AVE N STE 200 MINNEAPOLIS,MN554012206	NONE	PC	GENERAL OPERATING	100,000
COMPAS INC 450 SYNDICATE N STR SAINT PAUL,MN551044107	NONE	PC	GENERAL OPERATING	1,500
MINNEAPOLIS FOUNDATION 80 SOUTH EIGHT STREET MINNEAPOLIS,MN554022100	NONE	PC	GENERAL OPERATING	25,000
DUKE UNIVERSITY 2200 W MAIN ST STE 300 DURHAM,NC277054677	NONE	PC	GENERAL OPERATING	140,000
GREAT MN SCHOOLS 729 WASHINGTON AVE N 6TH FLOOR MINNEAPOLIS,MN554012942	NONE	PC	GENERAL OPERATING	100,000
NORTHSIDE ACHIEVEMENT ZONE 1964 N 2ND STREET MINNEAPOLIS,MN554113443	NONE	PC	GENERAL OPERATING	75,000
UPTURNSHIPS INC 5832 LINCOLN DR SUITE 153 MINNEAPOLIS,MN554361616	NONE	PC	GENERAL OPERATING	25,000
YWCA 1020 19TH ST NW WASHINGTON,DC20036	NONE	PC	GENERAL OPERATING	20,000
MUSEUM OF RUSSIAN ART 5500 STEVENS AVE MINNEAPOLIS,MN554191933	NONE	PC	GENERAL OPERATING	10,000
MINNESOTA PUBLIC RADIO 480 CEDAR ST SAINT PAUL,MN551012217	NONE	PC	GENERAL OPERATING	2,000
WAY TO GROW 201 IRVING AVE N STE 100 MINNEAPOLIS,MN554051811	NONE	PC	GENERAL OPERATING	65,000
KINSHIP OF CUMBERLAND PO BOX 441 CUMBERLAND,WI548290000	NONE	PC	GENERAL OPERATING	1,000
GREATER TWIN CITIES UNITED WAY 404 SOUTH EIGHTH STREET MINNEAPOLIS,MN554041027	NONE	PC	GENERAL OPERATING	100,000
ONEVILLAGE PARTNERS PO BOX 26055 MINNEAPOLIS,MN554260055	NONE	PC	GENERAL OPERATING	1,000
GREATER MINNEAPOLIS CRISIS NURSERY 4544 4TH AVE S MINNEAPOLIS,MN554195145	NONE	PC	GENERAL OPERATING	2,000
OASIS FOR YOUTH 2200 W OLD SHAKOPEE RD BLOOMINGTON,MN554313034	NONE	PC	GENERAL OPERATING	3,500
EDINA EDUCATION FUND 5701 NORMANDALE ROAD MINNEAPOLIS,MN554240000	NONE	PC	GENERAL OPERATING	500
MINNESOTA ORCHESTRAL ASSOCIATION 1111 NICOLLET MALL MINNEAPOLIS,MN554032406	NONE	PC	GENERAL OPERATING	50,000
UNIVERSITY OF ST THOMAS 2115 SUMMIT AVENUE ST PAUL,MN551051078	NONE	PC	GENERAL OPERATING	60,000
YOUTH FRONTIERS INC 5215 EDINA INDUSTRIAL BLVD STE 400 MINNEAPOLIS,MN554392911	NONE	PC	GENERAL OPERATING	2,000
NORTHSIDE ECONOMIC OPPORTUNITY -- 1007 WEST BROADWAY AVENUE MINNEAPOLIS,MN55411	NONE	PC	GENERAL OPERATING	50,000
MINNESOTA YOUTH SYMPHONIES 790 CLEVELAND AVE S STE 203 SAINT PAUL,MN551161958	NONE	PC	GENERAL OPERATING	1,000
HOLY CROSS EDUCATION FOUNDATION 7550 CORPORATE WAY EDEN PRAIRIE,MN553442045	NONE	PC	GENERAL OPERATING	1,000
THINK SMALL 10 YORKTON CT SAINT PAUL,MN551171065	NONE	PC	GENERAL OPERATING	30,000
THE ARCHDIOCESE OF ST PAUL & MPLS 1007 E 14TH ST MINNEAPOLIS,MN554041314	NONE	PC	GENERAL OPERATING	50,000
TWIN CITIES RISE 1301 BRYANT AVE N MINNEAPOLIS,MN554113257	NONE	PC	GENERAL OPERATING	10,000
PROTEZ FOUNDATION 3510 HOPKINS PL OAKDALE,MN55128	NONE	PC	GENERAL OPERATING	15,000
Total ................................. 3a				1,523,200

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	396,345
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	3,500,376
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aREFUND OF SERVICIN			1	2,578
bPARTNERSHIP INCOME			1	10,209
cPARTNERSHIP INCOME			1	3,253
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				3,912,761

13Total. Add line 12, columns (b), (d), and (e)..................

3,912,761

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Name of the organization

JULIE & DOUG BAKER JR FOUNDATION

Employer identification number

46-1734894

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2023)

Schedule B (Form 990) (2023) Page 2

Name of organization JULIE & DOUG BAKER JR FOUNDATION

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	DOUGLAS M BAKER JR C/O US BANK NA PO BOX 0634 MILWAUKEE, WI53201	$ 1,795,002	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	DOUGLAS M BAKER JR C/O US BANK NA PO BOX 0634 MILWAUKEE, WI53201	$ 306,905	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 3

Name of organization JULIE & DOUG BAKER JR FOUNDATION		Employer identification number 46-1734894

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	VARIOUS SECURITIES	$ 1,795,002	2023-11-15
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
2	VARIOUS SECURITIES	$ 306,905	2023-04-24
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 4


Name of organization JULIE & DOUG BAKER JR FOUNDATION			Employer identification number 46-1734894
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2023)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2023 AccountingFeesSchedule

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	2,500			2,500

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ALPHABET INC CL A
AMAZON COM INC
APPLE INC COM
BANK OF AMERICA CORP
BLACKROCK INC
GILEAD SCIENCES INC
HOME DEPOT INC
ABBOTT LABORATORIES - ABT
ABBVIE INC - ABBV
ADOBE INC - ADBE
ADVANCED MICRO DEVICES INC - A
AIRBNB INC CL A - ABNB
AMGEN INC - AMGN
ANALOG DEVICES INC - ADI
CATERPILLAR INC - CAT
CENTENE CORP - CNC
CISCO SYSTEMS INC - CSCO
CME GROUP INC - CME
COMCAST CORP CLASS A - CMCSA
CONOCOPHILLIPS - COP
COSTCO WHSL CORP - COST
DANAHER CORP - DHR
ECOLAB INC - ECL
EDWARDS LIFESCIENCES CORP - EW
HONEYWELL INTERNATIONAL INC -
INTUIT INC - INTU
J P MORGAN CHASE CO COM
LULULEMON ATHLETICA INC - LULU
L3HARRIS TECHNOLOGIES INC - LH
MARATHON PETROLEUM CORP
MASTERCARD INC
META PLATFORMS INC - META
MICROSOFT CORP COM
MONDELEZ INTERNATIONAL W I - M
MORGAN STANLEY - MS
MOTOROLA SOLUTIONS INC
NETFLIX COM INC - NFLX
NEXTERA ENERGY INC
NVIDIA CORP - NVDA
PALO ALTO NETWORKS INC - PANW
PAYPAL HOLDINGS INC - PYPL
PFIZER INC - PFE
S P GLOBAL INC - SPGI
SALESFORCE INC - CRM
SCHWAB CHARLES CORP - SCHW
SERVICENOW INC - NOW
STARBUCKS CORP - SBUX
TARGET CORP
TEXAS INSTRUMENTS INC - TXN
UBER TECHNOLOGIES INC - UBER
UNION PACIFIC CORP COM - UNP
UNITEDHEALTH GROUP INC COM
VERIZON COMMUNICATIONS INC COM
VISA INC COM CL A - V
WALMART INC COM - WMT
ALBEMARLE CORP
BEST BUY CO INC - BBY
COPART INC - CPRT
EXACT SCIENCES CORP - EXAS
MATCH GROUP INC NEW - MTCH
TRADE DESK INC COM CL A - TTD
TRANSDIGM GROUP INC - TDG
ZILLOW GROUP INC - ZG
ACCENTURE PLC IRELAND SHS CLAS
APTIV PLC SHS - APTV
CHUBB LIMITED COM
ISHARES CORE MSCI TOTAL - IXUS
LINDE PLC SHS - LIN
MAGNA INTL INC CL A - MGA
MEDTRONIC PLC SHS - MDT
SPDR S P 500 - SPY
002824100 ABBOTT LABORATORIES	73,277	71,766
00287Y109 ABBVIE INC	85,988	94,067
00724F101 ADOBE SYS INC	37,817	47,728
007903107 ADVANCED MICRO DEVIC	54,367	91,984
009066101 AIRBNB INC CL A	31,880	36,486
012653101 ALBEMARLE CORP	147,151	110,816
02079K305 ALPHABET INC CL A	218,965	275,329
023135106 AMAZON.COM INC	136,420	149,509
03027X100 AMERICAN TOWER CORP	230,124	219,550
031162100 AMGEN INC	46,970	63,076
032654105 ANALOG DEVICES INC	57,717	71,283
037833100 APPLE INC	316,324	430,497
060505104 BANK OF AMERICA CORP	139,716	143,603
086516101 BEST BUY CO INC	46,824	35,226
09247X101 BLACKROCK INC	134,684	150,183
12572Q105 CME GROUP INC	57,414	64,865
126650100 CVS HEALTH CORPORATI	53,347	57,483
149123101 CATERPILLAR INC	29,413	42,576
15135B101 CENTENE CORP COM	52,114	59,887
166764100 CHEVRON CORPORATION	29,289	30,578
17275R102 CISCO SYSTEMS INC	54,024	53,955
20030N101 COMCAST CORP CL A	120,260	100,504
20825C104 CONOCOPHILLIPS	31,648	37,723
217204106 COPART INC COM	26,626	40,180
22160K105 COSTCO WHSL CORP	33,820	56,107
235851102 DANAHER CORP	121,338	171,192
244199105 DEERE CO.	29,975	31,590
278865100 ECOLAB INC	473,917	2,265,752
28176E108 EDWARDS LIFESCIENCES	73,695	61,839
30303M102 FACEBOOK INC A	59,922	86,366
375558103 GILEAD SCIENCES INC	46,619	59,947
437076102 HOME DEPOT INC	162,106	185,058
438516106 HONEYWELL INTERNATIO	71,043	70,253
461202103 INTUIT INC	22,407	32,502
46625H100 J P MORGAN CHASE CO	164,465	191,703
502431109 L3HARRIS TECHNOLOGIE	88,907	86,986
550021109 LULULEMON ATHLETICA	63,098	140,605
559222401 MAGNA INTL INC CL	61,632	53,940
56585A102 MARATHON PETROLEUM C	49,173	87,087
57636Q104 MASTERCARD INC	76,038	91,700
57667L107 MATCH GROUP INC NEW	58,259	15,914
594918104 MICROSOFT CORP	338,068	484,716
609207105 MONDELEZ INTERNATION	56,855	67,215
617446448 MORGAN STANLEY	87,992	97,819
64110L106 NETFLIX.COM INC	51,233	76,440
65339F101 NEXTERA ENERGY INC	150,459	135,997
67066G104 NVIDIA CORP	38,398	87,159
697435105 PALO ALTO NETWORKS I	55,835	89,054
70432V102 PAYCOM SOFTWARE INC	56,162	40,310
717081103 PFIZER INC	55,788	39,817
74340W103 PROLOGIS INC	59,428	69,316
747525103 QUALCOMM INC	44,844	58,864
78409V104 S P GLOBAL INC	65,708	75,769
79466L302 SALESFORCE COM INC	76,249	81,310
806857108 SCHLUMBERGER LTD	57,131	53,081
808513105 SCHWAB CHARLES CORP	68,654	86,963
81762P102 SERVICENOW INC	61,441	77,714
85209W109 SPROUT SOCIAL INC CL	34,368	61,440
855244109 STARBUCKS CORP	62,261	55,686
87612E106 TARGET CORP	200,736	184,434
88025T102 TENABLE HOLDINGS INC	18,383	37,170
882508104 TEXAS INSTRUMENTS IN	103,383	96,651
88339J105 TRADE DESK INC THE C	23,790	26,769
893641100 TRANSDIGM GROUP INC	23,933	37,429
90353T100 UBER TECHNOLOGIES IN	46,338	91,924
907818108 UNION PACIFIC CORP	29,354	29,966
911312106 UNITED PARCEL SERVIC	43,940	40,565
91324P102 UNITED HEALTH GROUP	127,493	162,679
92338C103 VERALTO CORP COM SHS	5,125	9,707
92343V104 VERIZON COMMUNICATIO	44,197	30,914
92826C839 VISA INC	48,912	58,318
931142103 WAL MART STORES INC	73,884	79,613
98585X104 YETI HOLDINGS INC	38,254	73,787
98954M101 ZILLOW GROUP INC	30,324	26,999
G1151C101 ACCENTURE PLC CL A	79,518	98,606
G54950103 LINDE PLC SHS	29,988	43,125
G5960L103 MEDTRONIC PLC	90,430	85,593
G6095L109 APTIV PLC	54,929	45,488
H1467J104 CHUBB LTD	13,430	17,854

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AMERICAN TOWER CORP
EQUINIX INC - EQIX
SCHWAB US REIT - SCHH ETF
315911727 FIDELITY INTERNATION	AT COST	800,000	838,795
46432F834 ISHARES CORE MSCI TO	AT COST	333,583	422,045
670700400 NUVEEN PREFERRED SEC	AT COST	500,000	528,110
78462F103 SPDR S P 500 ETF	AT COST	1,067,954	2,348,982
808524847 SCHWAB US REIT ETF	AT COST	316,871	350,662
861728400 STONE RIDGE HY REINS	AT COST	539,126	514,464
95MSC61P3 SUMMIT PART SUB DEBT	AT COST	95,533	95,533
MSP EQUITY FUND LP	AT COST	125,000	125,000

- TIN:

TY 2023 LegalFeesSchedule

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES - PRINCIPAL (ALLOCA	6,094			6,094

- TIN:

TY 2023 OtherAssetsSchedule

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ACCRUED INCOME		0	0
000000000 MISCELLANEOUS ENTRY	18,742	27,955	27,955

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Description	Amount
FMV OVER ASSET CONTRIBUTED ADJ	1,538,428
PRIOR YEAR ROC ADJ	26

- TIN:

TY 2023 OtherExpensesSchedule

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
STATE FILING FEE	25	0	25
PARTNERSHIP EXPENSES	15,689	15,689	0
PARTNERSHIP EXPENSES	18,407	18,407	0

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Description	Revenue And Expenses Per Books	Net Investment Income
REFUND OF SERVICING FEES	2,578	2,578
PARTNERSHIP INCOME	10,209	10,209
PARTNERSHIP INCOME	3,253	3,253

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Description	Amount
PARTNERSHIP INCOME ADJ	20,634
CONTRIBUTED ASSET ADJ	7,873
ROUNDING	5

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE	67,388	60,649		6,739

- TIN:

TY 2023 TaxesSchedule

Name:

JULIE & DOUG BAKER JR FOUNDATION

EIN:

46-1734894

Category	Amount	Net Investment Income
FOREIGN TAXES	1,198	1,198
FEDERAL TAX PAYMENT - PRIOR YE	12,920	0
FEDERAL ESTIMATES - PRINCIPAL	41,184	0
FOREIGN TAXES ON NONQUALIFIED	1,657	1,657