Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE MCNEELY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)444 PINE STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST PAUL, MN551012453
A Employer identification number

41-1392221
B Telephone number (see instructions)

(651) 228-4500
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$37,814,516J 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) 100
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 858,066 1,385,184  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
2,385,687
b Gross sales price for all assets on line 6a 6,363,400
7 Capital gain net income (from Part IV, line 2)... 2,893,255
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
0 147,891  
12 Total. Add lines 1 through 11........ 3,243,853 4,426,330  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,000 4,500   4,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
154,756 90,832   63,924
17 Interest............... 38 38   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
194,188 23,123   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 8,954 0   8,954
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26,308 233,575   26,308
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 393,244 352,068   103,686
25 Contributions, gifts, grants paid....... 2,079,635 1,604,635
26 Total expenses and disbursements. Add lines 24 and 25 2,472,879 352,068   1,708,321
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 770,974
b Net investment income (if negative, enter -0-) 4,074,262
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 190,356 18,275 18,275
2 Savings and temporary cash investments......... 7,511,457 9,511,454 9,511,454
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 12,081,921 Click to see attachment
List of Attached Documents:
// Content
11,924,917 		16,455,463
c Investments—corporate bonds (attach schedule)....... 1,523,722 Click to see attachment
List of Attached Documents:
// Content
1,587,603 		1,574,094
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).......... 8,262,992 Click to see attachment
List of Attached Documents:
// Content
8,274,791 		10,255,230
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,570,448 31,317,040 37,814,516
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 180,000 655,000
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) Click to see attachment
List of Attached Documents:
// Content
39,341 		Click to see attachment
List of Attached Documents:
// Content
39,341
23 Total liabilities (add lines 17 through 22)......... 219,341 694,341
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 29,351,107 30,622,699
29 Total net assets or fund balances (see instructions)..... 29,351,107 30,622,699
30 Total liabilities and net assets/fund balances (see instructions). 29,570,448 31,317,040
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
29,351,107
2
Enter amount from Part I, line 27a .....................
2
770,974
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
500,618
4
Add lines 1, 2, and 3 ..........................
4
30,622,699
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
30,622,699
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 GAIN ON SALE OF SECURITIES P    
b PARTNERSHIP K-1 GAINS/LOSSES P    
c CAPITAL GAINS DIVIDENDS P    
d
e
(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 6,209,483   3,637,060 2,572,423
b       166,915
c 153,917     153,917
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,572,423
b       166,915
c       153,917
d
e
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 2,893,255
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 56,632
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 56,632
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 56,632
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 133,720
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 104,349
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 238,069
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 234
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 181,203
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow181,203 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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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
 
No
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowKAREN REYNOLDS Telephone no.right arrow (651) 228-4500

Located atright arrow444 PINE STREETST PAULMN ZIP+4right arrow551012453
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
TED MADDEN CHAIR
0.02 		0 0 0
C/O MCNEELY FOUNDATION 444 PINE
STREET
ST PAUL,MN55101
NICHOLAS MCNEELY VICE CHAIR
0.02 		0 0 0
C/O MCNEELY FOUNDATION 444 PINE
STREET
ST PAUL,MN55101
ARMAR A ARCHBOLD SECRETARY
0.02 		0 0 0
C/O MCNEELY FOUNDATION 444 PINE
STREET
ST PAUL,MN55101
BYE BARSNESS TRUSTEE
0.02 		0 0 0
C/O MCNEELY FOUNDATION 444 PINE
STREET
ST PAUL,MN55101
IRENE MCNEELY TRUSTEE
0.02 		0 0 0
C/O MCNEELY FOUNDATION 444 PINE
STREET
ST PAUL,MN55101
LAUREN MCNEELY TRUSTEE
0.02 		0 0 0
C/O MCNEELY FOUNDATION 444 PINE
STREET
ST PAUL,MN55101
TRINA MCNEELY TRUSTEE
0.02 		0 0 0
C/O MCNEELY FOUNDATION 444 PINE
STREET
ST PAUL,MN55101
SHANNON WHITAKER TRUSTEE
0.02 		0 0 0
C/O MCNEELY FOUNDATION 444 PINE
STREET
ST PAUL,MN55101
ALEX WILDER TRUSTEE
0.02 		0 0 0
C/O MCNEELY FOUNDATION 444 PINE
STREET
ST PAUL,MN55101
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
27,127,447
b
Average of monthly cash balances.......................
1b
9,663,236
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
36,790,683
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
36,790,683
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
551,860
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
36,238,823
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,811,941
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
1,811,941
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
56,632
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
12,069
c
Add lines 2a and 2b............................
2c
68,701
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,743,240
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,743,240
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
1,743,240
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
1,708,321
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,708,321
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 1,743,240
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,691,035
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,708,321
a Applied to 2022, but not more than line 2a 1,691,035
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..... 17,286
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 .......... 		1,725,954
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....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
KAREN REYNOLDS
444 PINE STREET
ST PAUL,MN55101
(651) 228-4500
bThe form in which applications should be submitted and information and materials they should include:
LETTER FORM, INCLUDE COPY OF EXEMPTION LETTER, DESCRIBE INTENDED USE OF FUNDS
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
AWARDS ARE PRIMARILY TO MINNESOTA CHARITIES; NO AWARDS ARE PAID TO INDIVIDUALS.
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

30000 FEET

1351 ARCADE ST
SAINT PAUL,MN55106 		  PC EAST SIDE ST. PAUL MIDDLE SCHOOL STUDENTS ACADEMIC SUCCESS BLACK ARTS CENTER 35,250

AIN DAH YUNG CENTER

1089 PORTLAND AVE
SAINT PAUL,MN55104 		  PC GENERAL OPERATING SUPPORT 1,000

ALIGHT

PO BOX 1002
MINNEAPOLIS,MN55480 		  PC GENERAL OPERATING SUPPORT 500

AMERICAN INDIAN COLLEGE FUND

P O BOX 172449
DENVER,CO80217 		  PC GENERAL OPERATING SUPPORT 4,000

AMHERST H WILDER FOUNDATION

451 LEXINGTON PKWY N
SAINT PAUL,MN55104 		  PC GENERAL OPERATING SUPPORT 300

ARIZONA ANIMAL WELFARE LEAGUE

25 N 40TH ST
PHOENIX,AZ85034 		  PC GENERAL OPERATING SUPPORT 500

ART REACH

224 N 4TH STREET
STILLWATER,MN55082 		  PC GENERAL OPERATING SUPPORT 500

BASIL'S CRADLE

2701 GRAND AVE S
MINNEAPOLIS,MN55408 		  PC GENERAL OPERATING SUPPORT 485

BEEHIVE THEATRE

1425 MINNEHAHA AVE E 600213
SAINT PAUL,MN55106 		  PC EAST SIDE PERFORMING ARTS PROGRAMMING 25,000

BETHANY INTERNATIONAL

6820 AUTO CLUB ROAD SUITE D
BLOOMINGTON,MN55438 		  PC GENERAL OPERATING SUPPORT 250

BIG BROTHERS BIG SISTERS OF GREATER TWIN CITIES

2550 UNIVERSITY AVE W SUITE 410N
SAINT PAUL,MN55114 		  PC EAST SIDE ST. PAUL PROGRAMMING 20,000

BOSTON COLLEGE HIGH SCHOOL

150 MORRISSEY BLVD
BOSTON,MA02125 		  PC GENERAL OPERATING SUPPORT 2,000

BOYS AND GIRLS CLUB OF AMERICA

690 JACKSON ST
SAINT PAUL,MN55130 		  PC EAST SIDE ST. PAUL PROGRAMMING 25,500

BREAKTHROUGH TWIN CITIES

2051 LARPENTEUR AVE E
SAINT PAUL,MN55109 		  PC EAST SIDE ST. PAUL PROGRAMMING 2017 GAP FUNDING 35,500

BRULE RIVER PRESERVATION INC

PO BOX 15
BRULE,WI54820 		  PC GENERAL OPERATING SUPPORT 5,000

CAMPING & EDUCATION FOUNDATION

3515 MICHIGAN AVENUE SUITE 1
CINCINNATI,OH45208 		  PC GENERAL OPERATING SUPPORT 9,500

CANINE INSPIRED CHANGE

2300 MYRTLE AVE SUITE 230
SAINT PAUL,MN55114 		  PC GENERAL OPERATING SUPPORT 300

CATLIN GABEL FUND

8825 SW BARNES ROAD
PORTLAND,OR97225 		  PC GENERAL OPERATING SUPPORT 2,500

CENTRAL OHIO PROGRAM FOR ANIMAL HEALTH

850 KING AVE SUITE A
COLUMBUS,OH43212 		  PC GENERAL OPERATING SUPPORT 700

CHARTWELL SCHOOL

2511 NUMA WATSON ROAD
SEASIDE,CA93955 		  PC GENERAL OPERATING SUPPORT 15,000

CHILDREN'S HOSPITAL ASSOCIATION

5901 LINCOLN DR
EDINA,MN55436 		  PC PEDIATRIC EMERGENCY ROOM 1,000

COMMUNIDADES LATINAS UNIDOS EN SERVICIO

797 E TH ST
SAINT PAUL,MN55106 		  PC EAST SIDE ECONOMIC VITALITY PROGRAM GENERAL OPERATING SUPPORT 30,500

CONQUERING KING FELLOWSHIP

2785 ISABELLE DRIVE
VICTORIA,MN55386 		  PC GENERAL OPERATING SUPPORT 1,000

COOKIE CART

1119 W BROADWAY AVE
MINNEAPOLIS,MN55411 		  PC EAST SIDE SAINT PAUL PROGRAM 50,000

CORE COMMUNITY RESOURCES

PO BOX 1530
BAYFIELD,WI54814 		  PC GENERAL OPERATING SUPPORT 3,500

CRADLE TO CRAYONS

2500 W BRADLEY PL UNIT 200
CHICAGO,IL60618 		  PC GENERAL OPERATING SUPPORT 260

DELANCEY STREET FOUNDATION

PO BOX 5030
HAGERSTOWN,MD21741 		  PC GENERAL OPERATING SUPPORT 10,000

DOCTORS WITHOUT BORDERS

PO BOX 5030
HAGERSTOWN,MD21741 		  PC GENERAL OPERATING SUPPORT 500

DOGS FOR BETTER LIVES

10175 WHEELER ROAD
CENTRAL POINT,OR97502 		  PC GENERAL OPERATING SUPPORT 1,000

DREAM OF WILD HEALTH

1308 FRANKLIN AVE 203
MINNEAPOLIS,MN55404 		  PC YOUTH EDUCATION & LEADERSHIP TRAINING GENERAL OPERATING SUPPORT 31,000

EAST SIDE ARTS COUNCIL

977 PAYNE AVENUE
SAINT PAUL,MN55130 		  PC ARTSINFUSION PROGRAM -EAST SIDE YOUTH GENERAL OPERATING SUPPORT 45,500

EAST SIDE FREEDOM LIBRARY

2205 GREENBRIAR STREET
SAINT PAUL,MN55106 		  PC EAST SIDE HOUSING JUSTICE GENERAL OPERATING SUPPORT 20,000

EAST SIDE NEIGHBORHOOD

925 PAYNE AVENUE SUITE 201
SAINT PAUL,MN55130 		  PC COMMUNITY WEALTH BUILDING INITIATIVES EAST SIDE REAL ESTATE DEVELOPMENT 40,000

EVERYDAY CHURCH

3615 CHELMSFORD RD NE
ST ANTHONY,MN55418 		  PC GENERAL OPERATING SUPPORT 650

FACE TO FACE HEALTH & COUNSELING

1165 ARCADE STREET
SAINT PAUL,MN55106 		  PC SAFEZONE HOMELESS PROGRAM GENERAL OPERATING SUPPORT 35,250

FAMILY VALUES FOR LIFE

1280 ARCADE STREET
SAINT PAUL,MN55106 		  PC GENERAL OPERATING SUPPORT 25,300

FARM TO SCHOOL OF PARK COUNTY

PO BOX 395
LIVINGSTON,MT59047 		  PC GENERAL OPERATING SUPPORT 250

FRIENDS OF THE SAINT PAUL PUBLIC LIBRARY

1080 MONTREAL AVENUE 2
SAINT PAUL,MN55116 		  PC SPROCKETS YOUTH PROGRAM RESOURCE 30,500

FRIENDS SCHOOL OF MINNESOTA

463 MARIA
SAINT PAUL,MN55106 		  PC GENERAL OPERATING SUPPORT 1,000

FURKIDS ANIMAL RESCUE AND SHELTERS

5235 UNION HILL ROAD
CUMMING,GA30040 		  PC GENERAL OPERATING SUPPORT 500

GENISYS WORKS-TWIN CITIES

445 MINNESOTA STREET
SAINT PAUL,MN55101 		  PC EAST SIDE ST. PAUL PROGRAMMING 30,250

GIRL SCOUTS RIVER VALLEY

400 ROBERT ST S
SAINT PAUL,MN55107 		  PC CONNECTZ PROGRAM-EAST SIDE 20,000

GLOBAL MIDWIFE EDUCATION FOUNDATION

PO BOX 805
LIVINGSTON,MT59047 		  PC GENERAL OPERATING SUPPORT 3,000

GLOBAL RIGHTS FOR WOMEN

414 S 8TH ST
MINNEAPOLIS,MN55404 		  PC GENERAL OPERATING SUPPORT 1,000

GRACE CHURCH

9301 EDEN PRAIRIE ROAD
EDEN PRAIRIE,MN55347 		  PC GENERAL OPERATING SUPPORT 1,000

GREAT NORTH INNOCENCE PROJECT

229 19TH AVE S SUITE 285
MINNEAPOLIS,MN55455 		  PC GENERAL OPERATING SUPPORT 5,000

GREAT PLAINS SPCA

5424 ANTIOCH DR
MERRIAM,KS66202 		  PC GENERAL OPERATING SUPPORT 600

GREAT RIVER GREENING

251 STARKEY ST SUITE 2200
SAINT PAUL,MN55107 		  PC HEAT-ISLAND TREE PLANTING 25,000

HEART OF DANCE

500 E GRANT STREET 1308
MINNEAPOLIS,MN55404 		  PC MIDDLE SCHOOL DANCING CLASSROOMS PROGRAM 15,000

HEIFER INTERNATIONAL

ONE WORLD AVENUE
LITTLE ROCK,AR72202 		  PC GENERAL OPERATING SUPPORT 1,500

HMONG AMERICAN FARMERS ASSOCIATION

149 THOMPSON AVE E
SAINT PAUL,MN55118 		  PC GENERAL OPERATING SUPPORT 31,000

HMONG AMERICAN PARTNERSHIP

1075 ARCADE STREET
SAINT PAUL,MN55106 		  PC YOUNG ADULT EMPLOYMENT 30,000

HOUSTON PETS ALIVE

2800 ANTOINE DR SUITE 2854
HOUSTON,TX77092 		  PC GENERAL OPERATING SUPPORT 500

HUNGER SOLUTIONS

555 PARK ST STE 400
SAINT PAUL,MN55103 		  PC GENERAL OPERATING SUPPORT 1,000

INDIGENOUS ROOTS

788 E 7TH ST
SAINT PAUL,MN55106 		  PC YOUTH-LED CREATIVE SOCIAL ENTERPRISE 25,500

INTERFAITH ACTION

1671 SUMMIT AVENUE
SAINT PAUL,MN55105 		  PC NATIVE AMERICAN YOUTH SUMMER PROGRAM AND 30,000

JOURNEY BIBLE CHURCH

13700 151ST ST
OLATHE,KS66062 		  PC GENERAL OPERATING SUPPORT 1,000

KAYNE-ERAS CENTER

5350 MACHADO ROAD
CULVER CITY,CA90230 		  PC GENERAL OPERATING SUPPORT 10,000

KEYSTONE COMMUNITY SERVICES

1150 SELBY AVENUE
SAINT PAUL,MN55104 		  PC TEEN TUTORING EMPLOYMENT PROJECT FOOD DISTRIBUTION CENTER CAPITAL 25,000

KIDS FISHING FOUNDATION

31258 600TH ST
MILLVILLE,MN55957 		  PC GENERAL OPERATING SUPPORT 2,500

LATINO ECONOMIC DEVELOPMENT CENTER

804 MARGARET ST
SAINT PAUL,MN55106 		  PC PLAZA DEL SOL CAPITAL CAMPAIGN GENERAL OPERATING SUPPORT 35,000

LATINO LEAD

797 7TH ST E SUITE 151
SAINT PAUL,MN55106 		  PC GENERAL OPERATING SUPPORT 1,500

LISTENING HOUSE

421 E 7TH ST
SAINT PAUL,MN55101 		  PC GENERAL OPERATING SUPPORT 2,000

LIVINGSTON FOOD RESOURCE CENTER

202 S SECOND
LIVINGSTON,MT59047 		  PC GENERAL OPERATING SUPPORT 1,000

LIVINGSTON ICE SKATING ASSOCIATION

208 S F STREET
LIVINGSTON,MT59047 		  PC GENERAL OPERATING SUPPORT 500

MAIN STREET MOSIER

PO BOX 714
MOSIER,OR97040 		  PC GENERAL OPERATING SUPPORT 6,000

MAYFLY PROJECT

3541 HARRISON RD
BENTON,AR72019 		  PC GENERAL OPERATING SUPPORT 2,500

METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS

3137 CHICAGO AVENUE
MINNEAPOLIS,MN55407 		  PC GENERAL OPERATING SUPPORT 500

MINNESOTA CHINA FRIENDSHIP GARDEN SOCIETY

1491 EAST SHORE DRIVE
SAINT PAUL,MN55106 		  PC GENERAL OPERATING SUPPORT 20,000

MINNESOTA OVARIAN CANCER ALLIANCE

4604 CHICAGO AVENUE
MINNEAPOLIS,MN55407 		  PC GENERAL OPERATING SUPPORT 100

MINNESOTA SINFONIA

901 NORTH THIRD STREET SUITE 112
MINNEAPOLIS,MN55401 		  PC GENERAL OPERATING SUPPORT 25,250

MINNESOTA STATE FAIR FOUNDATION

1265 SNELLING AVENUE N
SAINT PAUL,MN55108 		  PC GENERAL OPERATING SUPPORT 200

MINNESOTA URBAN DEBATE LEAGUE-AUGSBERG COLLEGE

2211 RIVERSIDE AVENUE BOX 142
MINNEAPOLIS,MN55454 		  PC DEBATE PROGRAM AT BATTLE CREEK MIDDLE SCHOOL 20,000

MISSION ANIMAL HOSPITAL

10100 VIKING DRIVE SUITE 150
EDEN PRAIRIE,MN55344 		  PC GENERAL OPERATING SUPPORT 500

NATIONAL FOUNDATION FOR ECTODERMAL DYSPLASIAS

6 EXECUTIVE DR SUITE 2
FAIRVIEW HEIGHTS,IL62208 		  PC GENERAL OPERATING SUPPORT 1,000

NATIONAL MULTIPLE SCHLEROSIS SOCIETY

2829 UNIVERSITY AVE SE
MINNEAPOLIS,MN55414 		  PC GENERAL OPERATING SUPPORT 1,000

NATIONAL PARKS CONSERVATION ASSOCIATION

7 E BEALL ST SUITE B
BOZEMAN,MT59715 		  PC GENERAL OPERATING SUPPORT 500

NATURE CONSERVANCY OF MONTANA

32 S EWING
HELENA,MT59601 		  PC GENERAL OPERATING SUPPORT 1,000

NEIGHBORHOOD DEVELOPMENT COMPANY

663 UNIVERSITY AVE SUITE 200
SAINT PAUL,MN55104 		  PC INCREASED RESILIENCE & SUSTAINABILITY TRAINING FOR EAST SIDE BUSINESSES 25,000

NEIGHBORHOOD HOUSE

179 ROBIE ST E
SAINT PAUL,MN55107 		  PC GENERAL OPERATING SUPPORT 500

NEW VISION FOUNDATION

860 VANDALIA STREET
SAINT PAUL,MN55114 		  PC EAST SIDE YOUNG ADULT IT SKILLS TRAINING 20,000

OPPORTUNITY NEIGHBORHOODS

P O BOX 953
ELK RIVER,MN55330 		  PC AMES LAKE RESIDENT SERVICES 25,000

PARK COUNTY ENVIRONMENTAL COUNCIL

215 E LEWIS 303
LIVINGSTON,MT59047 		  PC GENERAL OPERATING SUPPORT 1,000

PARK COUNTY SENIOR CENTER

206 S MAIN ST
LIVINGSTON,MT59047 		  PC GENERAL OPERATING SUPPORT 250

PREPARE PROSPER

2610 UNIVERSITY AVE W SUITE 450
SAINT PAUL,MN55114 		  PC GENERAL OPERATING SUPPORT 20,000

PROJECT FOR PRIDE IN LIVING

1035 E FRANKLIN AVENUE
MINNEAPOLIS,MN55404 		  PC NEW FOUNDATIONS SUPPORTED HOUSING GENERAL OPERATING SUPPORT 25,300

PROVIDENCE

414 S JEFFERSON
NAPA,CA94559 		  PC GENERAL OPERATING SUPPORT 10,000

RESCUE NETWORK

1804 10TH ST NE
BUFFALO,MN55313 		  PC GENERAL OPERATING SUPPORT 2,300

RISEN CHRIST CATHOLIC SCHOOL

1120 EAST 27TH ST
MINNEAPOLIS,MN55407 		  PC GENERAL OPERATING SUPPORT 2,000

SACRED HEART CATHOLIC SCHOOL

4050 HUBBARD AVENUE N
ROBBINSDALE,MN55422 		  PC GENERAL OPERATING SUPPORT 1,000

SCHOLARSHIP AMERICA

7900 INTERNATIONAL DR SUITE 500
BLOOMINGTON,MN55425 		  PC SCHOLARSHIP MANAGEMENT 3,090

SCIENCE MUSEUM OF MINNESOTA

120 W KELLOGG BLVD
SAINT PAUL,MN55102 		  PC GENERAL OPERATING SUPPORT 2,000

SECOND HARVEST HEARTLAND

1140 GERVAIS AVENUE
SAINT PAUL,MN55109 		  PC GENERAL OPERATING SUPPORT 2,000

SENIORS OF MOSIER VALLEY INCORPORATED

P O BOX 123
MOSIER,OR97040 		  PC GENERAL OPERATING SUPPORT 4,000

SPRINGBOARD FOR THE ARTS

262 UNIVERSITY AVE W
SAINT PAUL,MN55103 		  PC GENERAL OPERATING SUPPORT 100

ST PAUL & MINNESOTA FOUNDATION

101 FIFTH STREET E SUITE 2400
SAINT PAUL,MN55101 		  PC EAST SIDE FUNDERS GROUP MCNEELY FOUNDATION DONOR ADVISED FUND 40,000

ST PAUL ACADEMY & SUMMIT SCHOOL

1712 RANDOLPH AVENUE
SAINT PAUL,MN55105 		  PC MCNEELY FAMILY LIBRARY FUND GENERAL OPERATING SUPPORT 5,000

ST PAUL PARKS CONSERVANCY

401 ROBERT ST N SUITE 150
SAINT PAUL,MN55101 		  PC GENERAL OPERATING SUPPORT 55,500

ST PAUL URBAN TENNIS PROGRAM

970 GRAND AVENUE
SAINT PAUL,MN55105 		  PC EAST SIDE PARKS PROGRAMMING GENERAL OPERATING SUPPORT 51,500

TRADEMARK THEATER

2285 UNIVERSITY AVE W UNIT 451
SAINT PAUL,MN55114 		  PC GENERAL OPERATING SUPPORT 50

TRAP FREE MONTANA

PO BOX 335
HAMILTON,MT59840 		  PC GENERAL OPERATING SUPPORT 500

TREE TRUST

1419 ENERGY PARK DR
SAINT PAUL,MN55108 		  PC EAST SIDE YOUTH WORK CREWS 40,000

TRUST FOR PUBLIC LAND

2610 UNIVERSITY AVE SUITE 300
SAINT PAUL,MN55114 		  PC GENERAL OPERATING SUPPORT 250

TS ALLIANCE

8737 COLESVILLE RD SUITE 400
SILVER SPRING,MD20910 		  PC GENERAL OPERATING SUPPORT 1,000

TWIN CITIES CATALYST MUSIC

75 CIVIC CENTER PARKWAY
BURNSVILLE,MN55337 		  PC GENERAL OPERATING SUPPORT EAST SIDE LOCATION 25,000

UNIVERSITY OF SIOUX FALLS

1101 W 22ND ST
SIOUX FALLS,SD57105 		  PC WOMEN'S SOCCER PROGRAM 200

UNIVERSITY OF ST THOMAS

2115 SUMMIT AVENUE
SAINT PAUL,MN55105 		  PC FAMILY BUSINESS CENTER DIRECTOR ENDOWMENT 135,000

URBAN ROOTS

463 MARIA AVENUE SUITE 207
SAINT PAUL,MN55106 		  PC EAST SIDE YOUTH PROGRAMS GENERAL OPERATING SUPPORT 50,000

URBAN VILLAGE

1082 ARCADE ST
SAINT PAUL,MN55106 		  PC AFTER SCHOOL SCHOLARS 25,000

WAKAN TIPI AWANYANKAPI

332 MINNESOTA STREET SUITE W1520
SAINT PAUL,MN55101 		  PC ORGANIZATIONAL CAPACITY BUILDING PHALEN CREEK DAYLIGHTING 95,500

WASHINGTON COUNTY 4-H

14949 62ND ST N
STILLWATER,MN55082 		  PC GENERAL OPERATING SUPPORT 200

WILD RIVERS CONSERVANCY

PO BOX 938
OSCEOLA,WI54020 		  PC GENERAL OPERATING SUPPORT 500

WOMEN'S ADVOCATES

588 GRAND AVENUE
SAINT PAUL,MN55102 		  PC GENERAL OPERATING SUPPORT 500

WORLD CENTRAL KITCHEN

1875 CONNECTICUT AVE NW 10TH FL
WASHINGTON,DC20009 		  PC GENERAL OPERATING SUPPORT 1,500

WORLD YOUTH CONNECT

211 7TH ST E
SAINT PAUL,MN55101 		  PC YOUTH CONQUER GROUP MENTORING 35,000

YMCA

375 S THIRD STREET
SAN JOSE,CA95112 		  PC SUPPORT NETWORK FOR BATTERED WOMEN PROGRAM 10,000
Total .................................right arrow 3a 1,604,635
bApproved for future payment

BIG BROTHERS BIG SISTERS OF GREATER TWIN CITIES
2550 UNIVERSITY AVE W SUITE 410N
SAINT PAUL,MN55114 		  PC GENERAL OPERATING SUPPORT 20,000

BOYS AND GIRLS CLUB OF AMERICA
PO BOX 117431
ATLANTA,GA30368 		  PC GENERAL OPERATING SUPPORT 25,000

BREAKTHROUGH TWIN CITIES
2051 LARPENTEUR AVE E
SAINT PAUL,MN55109 		  PC GENERAL OPERATING SUPPORT 35,000

COMMUNIDADES LATINAS UNIDOS EN SERVICIO
797 E TH ST
SAINT PAUL,MN55106 		  PC EAST SIDE ECONOMIC VITALITY PROGRAM 30,000

COOKIE CART
1119 W BROADWAY AVE
MINNEAPOLIS,MN55411 		  PC EAST SIDE SAINT PAUL PROGRAM 40,000

DREAM OF WILD HEALTH
1308 FRANKLIN AVE 203
MINNEAPOLIS,MN55404 		  PC YOUTH EDUCATION & LEADERSHIP TRAINING 30,000

EAST SIDE ARTS COUNCIL
977 PAYNE AVENUE
SAINT PAUL,MN55130 		  PC GENERAL OPERATING SUPPORT 45,000

FACE TO FACE HEALTH & COUNSELING
1165 ARCADE STREET
SAINT PAUL,MN55106 		  PC GENERAL OPERATING SUPPORT 35,000

FRIENDS OF THE SAINT PAUL PUBLIC LIBRARY
1080 MONTREAL AVENUE 2
SAINT PAUL,MN55116 		  PC SPROCKETS YOUTH PROGRAM RESOURCE 30,000

GIRL SCOUTS RIVER VALLEY
400 ROBERT ST S
SAINT PAUL,MN55107 		  PC CONNECTZ PROGRAM-EAST SIDE 20,000

HMONG AMERICAN FARMERS ASSOCIATION
149 THOMPSON AVE E
SAINT PAUL,MN55118 		  PC GENERAL OPERATING SUPPORT 30,000

HMONG AMERICAN PARTNERSHIP
1075 ARCADE STREET
SAINT PAUL,MN55106 		  PC GENERAL OPERATING SUPPORT 30,000

KEYSTONE COMMUNITY SERVICES
1150 SELBY AVENUE
SAINT PAUL,MN55104 		  PC TEEN TUTORING EMPLOYMENT PROJECT 25,000

LATINO ECONOMIC DEVELOPMENT CENTER
804 MARGARET ST
SAINT PAUL,MN55106 		  PC GENERAL OPERATING SUPPORT 35,000

LOWER PHALEN CREEK PROJECT
733 E 7TH ST
SAINT PAUL,MN55106 		  PC GENERAL OPERATING SUPPORT 55,000

MINNESOTA SINFONIA
901 NORTH THIRD STREET SUITE 112
MINNEAPOLIS,MN55401 		  PC GENERAL OPERATING SUPPORT 25,000

MINNESOTA URBAN DEBATE LEAGUE-AUGSBURG COLLEGE
2211 RIVERSIDE AVENUE BOX 142
MINNEAPOLIS,MN55454 		  PC DEBATE PROGRAM AT AUGSBURG COLLEGE 20,000

PROJECT FOR PRIDE IN LIVING
1035 E FRANKLIN AVENUE
MINNEAPOLIS,MN55404 		  PC GENERAL OPERATING SUPPORT 25,000

ST PAUL URBAN TENNIS PROGRAM
970 GRAND AVENUE
SAINT PAUL,MN55105 		  PC GENERAL OPERATING SUPPORT 50,000

URBAN ROOTS
463 MARIA AVENUE SUITE 207
SAINT PAUL,MN55106 		  PC EAST SIDE YOUTH PROGRAMS 50,000
Total ................................. right arrow 3b 655,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 858,066  
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 2,385,687  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,243,753 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,243,753
(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:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 9,000 4,500   4,500

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 GainLossSaleOtherAssetsSch
Name:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
CAPITAL GAINS ON PARTNERSHIP INVESTMENTS   PURCHASED       340,653 COST 0 -340,653  

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Name of Bond End of Year Book Value End of Year Fair Market Value
VANGUARD ULTRA-SHORT-TER 1,587,603 1,574,094

TY 2023 InvestmentsCorpStockSchedule
Name:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Name of Stock End of Year Book Value End of Year Fair Market Value
ALPHABET 87,831 345,453
APPLE 19,048 382,172
BERKSHIRE HATHAWAY 111,741 3,798,375
DODGE & COX INTERNATIONAL 1,080,032 1,115,800
ECOLAB 161,434 231,474
FIRST TRUST NORTH 346,541 354,432
JOHNSON & JOHNSON 103,153 184,483
KOPERNIK GLOBAL ALL-CAP I 952,968 944,615
MICROSOFT 393 389,201
PIMCO RAE EMERGING MARKETS 1,207,907 1,130,709
PIMCO RAE USE SMALL INSTL 2,520,451 2,277,906
TORTOISE MLP & PIPELINE 371,135 402,156
VANGUARD SELECTED VALUE 2,458,930 2,330,277
VANGUARD VALUE ETF 2,503,353 2,568,410

TY 2023 InvestmentsOtherSchedule2
Name:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
COMMONFUND CAPITAL PARTNERS VI, LP AT COST 1,007,582 1,844,828
COMMONFUND CAPITAL PARTNERS VII, LP AT COST 1,147,884 1,758,945
GQG PARTNERS US SELECT Q AT COST 201,375 218,503
MRP VALUE FUND AT COST 1,345,692 1,483,946
VARDE CREDIT PARTNERS AT COST 1,249,033 1,249,033
VARDE INVESTMENT PARTNERS AT COST 1,880,309 2,112,924
YUKON III AT COST 261,565 427,457
YUKON IV AT COST 1,181,351 1,159,594

TY 2023 OtherExpensesSchedule
Name:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PARTNERSHIP EXPENSES 0 233,575   0
IT EXPENSES 21,779 0   21,779
REGISTRATION FEE 75 0   75
EDUCATION/WORKSHOPS 4,454 0   4,454


TY 2023 OtherIncomeSchedule2
Name:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER PARTNERSHIP INCOME   147,891  


TY 2023 OtherIncreasesSchedule
Name:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Description Amount
PARTNERSHIP DISTRIBUTION 500,618


TY 2023 OtherLiabilitiesSchedule
Name:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAXES 39,341 39,341


TY 2023 OtherProfessionalFeesSchedule
Name:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROGRAM OFFICER CONSULTING FEE 63,924 0   63,924
INVESTMENT MANAGER 90,832 90,832   0


TY 2023 TaxesSchedule
Name:
THE MCNEELY FOUNDATION
EIN:
41-1392221
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 194,188 0   0
FOREIGN TAXES W/H 0 23,123   0