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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
CHS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)5500 CENEX DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
INVER GROVE HEIGHTS, MN55077
A Employer identification number

41-6025858
B Telephone number (see instructions)

(651) 355-6000
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$58,372,751J 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) 8,153,456
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,832,585 2,832,585  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 897,935
b Gross sales price for all assets on line 6a 4,194,412
7 Capital gain net income (from Part IV, line 2)... 897,935
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).......      
12 Total. Add lines 1 through 11........ 11,883,976 3,730,520  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 153,506 15,351   138,155
14 Other employee salaries and wages...... 60,236 6,024   54,212
15 Pension plans, employee benefits....... 21,644 2,164   19,480
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,254 0   3,254
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
56,550 28,275   28,275
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
98,724 89,412   9,312
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
64,499 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
151,073 0   121,154
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 609,486 141,226   373,842
25 Contributions, gifts, grants paid....... 3,337,782 3,957,067
26 Total expenses and disbursements. Add lines 24 and 25 3,947,268 141,226   4,330,909
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,936,708
b Net investment income (if negative, enter -0-) 3,589,294
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 143,987 132,639 132,639
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)....... 35,321,143 Click to see attachment
List of Attached Documents:
// Content
40,599,681 		40,599,681
c Investments—corporate bonds (attach schedule)....... 14,762,808 Click to see attachment
List of Attached Documents:
// Content
17,640,431 		17,640,431
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)..........      
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) 50,227,938 58,372,751 58,372,751
Liabilities 17 Accounts payable and accrued expenses.......... 62,826 29,919
18 Grants payable................. 3,776,667 3,157,931
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
100,779 		Click to see attachment
List of Attached Documents:
// Content
138,734
23 Total liabilities (add lines 17 through 22)......... 3,940,272 3,326,584
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........... 46,287,666 55,046,167
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........    
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)..... 46,287,666 55,046,167
30 Total liabilities and net assets/fund balances (see instructions). 50,227,938 58,372,751
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
46,287,666
2
Enter amount from Part I, line 27a .....................
2
7,936,708
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
821,793
4
Add lines 1, 2, and 3 ..........................
4
55,046,167
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
55,046,167
Form 990-PF (2024)
Form 990-PF (2024)
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 PUBLICLY TRADED SECURITIES P    
b
c
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 4,194,412   3,296,477 897,935
b
c
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       897,935
b
c
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 2 897,935
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 49,891
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 49,891
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 49,891
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 2,770
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 52,661
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.CHSFOUNDATION.ORG
14
The books are in care ofright arrowMEGAN WOLLE Telephone no.right arrow (651) 355-3710

Located atright arrow5500 CENEX DRIVEINVER GROVE HEIGHTSMN ZIP+4right arrow55077
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 2024, 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 (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
KEVIN THROENER CHAIR
0.40 		0 0 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
MARK FARRELL VICE CHAIR/SECRETARY
0.40 		0 0 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
JERRAD STROH BOARD TRUSTEE
0.40 		0 0 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
TONY ROSSMAN BOARD TRUSTEE
0.40 		0 0 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
MEGAN WOLLE EXECUTIVE DIRECTOR
20.00 		153,506 5,887 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
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
TERA STODDARD SENIOR STEWARDSHIP S
16.00 		60,236 3,395 0
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
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
CLIFTONLARSONALLEN LLP ACCOUNTING 56,550
220 SOUTH 6TH ST UNIT 300
MINNEAPOLIS,MN55402
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 (2024)
Form 990-PF (2024)
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
53,101,834
b
Average of monthly cash balances.......................
1b
277,689
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
53,379,523
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
53,379,523
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
800,693
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
52,578,830
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,628,942
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,628,942
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
49,891
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
49,891
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,579,051
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,579,051
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,579,051
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
4,330,909
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
4,330,909
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 2,579,051
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 3,123,902
b From 2020...... 6,052,777
c From 2021...... 2,152,339
d From 2022...... 4,136,781
e From 2023...... 2,943,122
f Total of lines 3a through e ........ 18,408,921
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,330,909
a Applied to 2023, 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 2024 distributable amount..... 2,579,051
e Remaining amount distributed out of corpus 1,751,858
5 Excess distributions carryover applied to 2024. 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 20,160,779
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		3,123,902
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		17,036,877
10 Analysis of line 9:
a Excess from 2020.... 6,052,777
b Excess from 2021.... 2,152,339
c Excess from 2022.... 4,136,781
d Excess from 2023.... 2,943,122
e Excess from 2024.... 1,751,858
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 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 e-mail address of the person to whom applications should be addressed:
CHS FOUNDATION
5500 CENEX DRIVE
INVER GROVE HEIGHTS,MN55077
(651) 355-6000
bThe form in which applications should be submitted and information and materials they should include:
APPICANTS MAY SUBMIT A REQUEST ONLINE. WRITTEN REQUESTS ARE ACCEPTED, BUT NOT ENCOURAGED.
cAny submission deadlines:
IF APPLICABLE, SUBMISSION DEADLINES ARE DISCLOSED IN THE APPLICATION
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
CHS FOUNDATION SUPPORTS EDUCATION AND LEADERSHIP PROGRAMS THAT INVEST IN THE FUTURE OF AGRICULTURE, COOPERATIVE BUSINESS AND RURAL AMERICA. EACH APPLICATION IS REVIEWED INDIVIDUALLY. THE MAJORITY OF FUNDING AND FOCUS IS PLACED ON SCHOLARSHIPS AND GRANTS. ALL GRANT AWARDS ARE ON A YEAR-ROUND CYCLE, WITH THE FOLLOWING EXCEPTIONS. THE CHS FOUNDATION COOPERATIVE EDUCATION GRANTS PROGRAM, WHICH IS A COMPETITIVE GRANTS PROGRAM THAT FOCUSED ON INVESTING IN PROGRAMS THAT DEVELOP AND ENHANCE THE UNDERSTANDING OF COOPERATIVE BUSINESS THROUGH EDUCATION, PROFESSIONAL DEVELOPMENT AND PRACTICAL EXPERIENCE. APPLICATIONS FOR THAT PROGRAM ARE ACCEPTED, ANNUALLY, FROM JANUARY TO LATE FEBRUARY, WITH ANNOUNCEMENTS IN APRIL. THE CHS UNIVERSITY PARTNER COMPETITIVE GRANT PROGRAM, WHICH SUPPORTS AGRICULTURE-FOCUSED PROJECTS AT COLLEGES AND UNIVERSITIES, ACCEPTS APPLICATIONS ANNUALLY FROM APRIL TO JUNE, WITH ANNOUNCEMENTS IN THE FALL.
Form 990-PF (2024)
Form 990-PF (2024)
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

AGRICULTURE AND FORESTRY EDUCATION FOUNDATION

2702 W SUNSET BLVD STE B
SPOKANE,WA99224 		  PC AGFORESTRY LEADERSHIP PROGRAM 10,000

AGRICULTURE FUTURE OF AMERICA

PO BOX 379
LIBERTY,MO64069 		  PC 2024-26 AFA PROGRAM SUPPORT AND GROWTH PARTNERSHIP 272,500

AGRIINSTITUTE INC

PO BOX 249
DANVILLE,IN46122 		  SO I INDIANA AGRICULTURAL LEADERSHIP PROGRAM 12,000

AGRISAFE NETWORK INC

8342 NICC DR
PEOSTA,IA52068 		  PC TRAINING COMMUNITIES AND PROFESSIONALS TO PROTECT THE PEOPLE WHO FEED THE WORLD 126,000

AGRISAFE NETWORK INC

8342 NICC DR
PEOSTA,IA52068 		  PC NATIONAL FARM SAFETY AND HEALTH WEEK 2024 2,200

AGRISAFE NETWORK INC

8342 NICC DR
PEOSTA,IA52068 		  PC AG SAFETY TRAINING FOR TARGETED POPULATIONS 135,000

AMERICAN FARM BUREAU FOUNDATION FOR AGRICULTURE

600 MARYLAND AVE SW STE 1000W
WASHINGTON,DC20024 		  SO III FI COLLEGIATE FARM BUREAU DISCUSSION MEET 18,000

ANIMAL AGRICULTURE ALLIANCE

2101 WILSON BLVD STE 810-B
ARLINGTON,VA22201 		  PC COLLEGE AGGIES ONLINE (CAO) 12,000

ASSOCIATION OF COOPERATIVE EDUCATORS

121 WASHINGTON AVENUE NORTH
MINNEAPOLIS,MN55401 		  PC AGCOOP CONNECT: FOSTERING INNOVATION AND LEADERSHIP IN AG CO-OPS 25,000

BIG BEND COMMUNITY COLLEGE FOUNDATION

7662 CHANUTE ST NE
MOSES LAKE,WA98837 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

BISMARCK STATE COLLEGE FOUNDATION

PO BOX 5587
BISMARCK,ND58506 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

BLACK HAWK EAST COLLEGE FOUNDATION

26230 BLACK HAWK RD
GALVA,IL61434 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

BRIMFIELD SCHOOL DISTRICT #309

PO BOX 380
BRIMFIELD,IL61517 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT HORTICULTURE/GREENHOUSE 1,000

CARROLLTON R-VII SCHOOL DISTRICT

300 E 9TH STREET
CARROLLTON,MO64633 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT FOOD SCIENCE 1,000

CASPER COLLEGE FOUNDATION

125 COLLEGE DR
CASPER,WY82601 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

CITY OF BALATON

134 3RD ST PO BOX 388
BALATON,MN56115 		  GOV CHS FOUNDATION RURAL COMMUNITY GRANT 10,000

CITY OF GRACEVILLE

415 STUDDART AVE
GRACEVILLE,MN56240 		  GOV CHS FOUNDATION RURAL COMMUNITY GRANT 2,500

COLORADO AGRICULTURAL LEADERSHIP PROGRAM

PO BOX 1723
STERLING,CO80751 		  PC COLORADO AGRICULTURAL LEADERSHIP PROGRAM 12,000

COLORADO STATE UNIVERSITY

555 S HOWES STREET
FORT COLLINS,CO80523 		  GOV AGRITECH: LEARNING MODULES FOR SOIL, SEED, AND PLANT HEALTH USING SENSORS, AI, AND DATA SCIENCE 260,566

COLORADO STATE UNIVERSITY FOUNDATION

300 UNIV SERVICES CTR
FORT COLLINS,CO80523 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 23,158

COMMUNITY FOUNDATION OF GREATER DUBUQUE

700 LOCUST ST STE 195
DUBUQUE,IA52001 		  PC CHS FOUNDATION RURAL COMMUNITY GRANT 2,500

COOPERATIVE DEVELOPMENT FOUNDATION

1775 I ST NW STE 800
WASHINGTON,DC20006 		  PC COOPERATIVE LEADERS AND SCHOLARS PROGRAM 7,500

COOPERATIVE EDUCATION CORPORATION

MONTANA FARMERS UNION 300 RIVER
DRIVE NORTH PO BOX 2447
GREAT FALLS,MT59404 		  SO III FI DEVELOPING FUTURE LEADERS 25,000

COOPERATIVE EDUCATION CORPORATION

MONTANA FARMERS UNION 300 RIVER
DRIVE NORTH PO BOX 2447
GREAT FALLS,MT59404 		  SO III FI DAY OF COOPERATIVE EDUCATION 6,000

COUNTY OF OLMSTED IND SCHOOL DIST 227

205 UNION ST NE
CHATFIELD,MN55923 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT CROSS FUNCTIONAL 1,000

CUTTING FENCES FOUNDATION

1109 10TH AVE
LAUREL,MT59044 		  PC CHS FOUNDATION RURAL COMMUNITY GRANT 2,500

FARM FOUNDATION

1301 W 22ND ST STE 906
OAK BROOK,IL60523 		  PC YOUNG FARMER/YOUNG AGRIFOOD LEADER NEXT GENERATION PROGRAM 12,000

FARM RESCUE

11202 38TH ST S
HORACE,ND58047 		  PC GENERAL OPERATIONS DONATION 33,334

FEEDING OUR COMMUNITIES PARTNERS

2120 HOWARD DR W STE J
NORTH MANKATO,MN56003 		  PC CHS FOUNDATION RURAL COMMUNITY GRANT 2,500

FOX VALLEY TECHNICAL COLLEGE

1825 N BLUEMOUND DRIVE
APPLETON,WI54912 		  GOV SPRAYER SIMULATOR AND SEED METER STAND 133,000

FOX VALLEY TECHNICAL COLLEGE FOUNDATION INC

1825 N BLUEMOUND DRIVE
APPLETON,WI54914 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

GRANT REGIONAL HEALTH CENTER INC

507 S MONROE ST
LANCASTER,WI53813 		  PC CHS FOUNDATION RURAL COMMUNITY GRANT 2,500

HOLSTEIN FOUNDATION INC

PO BOX 816
BRATTLEBORO,VT05302 		  SO III FI YOUNG DAIRY LEADERS INSTITUTE CLASS 13 12,000

ILLINOIS AGRICULTURAL LEADERSHIP FOUNDATION

PO BOX 1368
BLOOMINGTON,IL61702 		  PC ILLINOIS AGRICULTURAL LEADERSHIP YEARLY FUNDING 12,000

INDEPENDENT SCHOOL DISTRICT 256

2451 EAGLE RIDGE DRIVE
RED WING,MN55066 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT HORTICULTURE/GREENHOUSE 1,000

INDEPENDENT SCHOOL DISTRICT 625

360 COLBORNE STREET
ST PAUL,MN55102 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT AG DAY 1,000

INDEPENDENT SCHOOL DISTRICT NO 84

400 4TH AVENUE SW
SLEEPY EYE,MN56085 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT HORTICULTURE/GREENHOUSE 1,000

IOWA CORN GROWERS ASSOCIATION

5505 NW 88TH ST STE 100
JOHNSTON,IA50131 		  NC INTERNATIONAL TRADE MISSION SPONSORSHIP 12,000

IOWA STATE UNIVERSITY FOUNDATION

2505 UNIVERSITY BLVD
AMES,IA50010 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

JAMESTOWN PARKS AND RECREATION FOUNDATION INC

1002 2ND AVE SE
JAMESTOWN,ND58401 		  PC CHS FOUNDATION RURAL COMMUNITY GRANT 5,000

KANSAS AGRICULTURE AND RURAL LEADERSHIP INC

10E UMBERGER HALL KSU
MANHATTAN,KS66506 		  PC KARL PROGRAM CLASS XVII - YEAR ONE 12,000

KANSAS COOPERATIVE COUNCIL

PO BOX 1747
HUTCHINSON,KS67504 		  NC CO-OPS 101 FOR INTERNS 4,000

KANSAS STATE UNIVERSITY FOUNDATION

1800 KIMBALL AVE STE 200
MANHATTAN,KS66502 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

KANSAS STATE UNIVERSITY FOUNDATION

1800 KIMBALL AVE STE 200
MANHATTAN,KS66502 		  PC ENGAGING INDUSTRY AND ACADEMIA ON AGRIBUSINESS RESEARCH TOPICS AND A TOUR OF A COOPERATIVE GRAIN EXPORT TERMINAL 2,325

LAKE AREA TECHNICAL COLLEGE

1201 ARROW AVE NE
WATERTOWN,SD57201 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

LAKE REGION COMMUNITY COLLEGE FOUNDATION OF DEVILS LAKE ND

1801 COLLEGE DR N
DEVILS LAKE,ND58301 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

LANE COUNTY COMMUNITY FOUNDATION

PO BOX 450
DIGHTON,KS67839 		  PC CHS FOUNDATION RURAL COMMUNITY GRANT 15,000

LIL CHOMPERS CHILD CARE

211 SILVER SPRUCE CT
GREENBUSH,MN56726 		  PC CHS FOUNDATION RURAL COMMUNITY GRANT 2,500

MARSHFIELD CLINIC INC

1000 N OAK AVE
MARSHFIELD,WI54449 		  PC RURAL FIREFIGHTERS DELIVERING AGRICULTURE SAFETY AND HEALTH (RF-DASH) EXPANSION 200,000

MILES COMMUNITY COLLEGE FOUNDATION

2715 DICKINSON ST
MILES CITY,MT59301 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

MINNESOTA AGRICULTURAL EDUCATION LEADERSHIP COUNCIL

218 RUTTAN HALL 1994 BUFORD AVENUE
ST PAUL,MN55108 		  GOV 2025 MINNESOTA AGRICULTURAL EDUCATION INTERNSHIP 6,500

MINNESOTA FARMERS UNION FOUNDATION

305 ROSELAWN AVE E SUITE 200
SAINT PAUL,MN55117 		  PC MINNESOTA FARMERS UNION SUMMER LEADERSHIP CAMP PROGRAMS 22,500

MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INCORPORATED

224 ALUMNI FOUNDATION CENTER
MANKATO,MN56001 		  PC DEVELOPING THE NEXT GENERATION OF AG & FOOD LEADERS THROUGH HIGH-IMPACT ACADEMIC PROGRAMS 75,000

MINOT PUBLIC SCHOOL DISTRICT #1

215 2ND ST SE
MINOT,ND58701 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT MEAT PROCESSING 1,000

MITCHELL TECHNICAL INSTITUTE FOUNDATION

1800 E SPRUCE ST
MITCHELL,SD57301 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

MITCHELL TECHNICAL INSTITUTE FOUNDATION

1800 E SPRUCE ST
MITCHELL,SD57301 		  PC 3D PRINTING 100,000

MONTANA COOPERATIVE DEVELOPMENT CENTER INC

410 CENTRAL AVE STE 429
GREAT FALLS,MT59401 		  PC MCDC'S COOPERATIVE ACADEMY 7,000

MONTANA STATE UNIVERSITY FOUNDATION

PO BOX 172750
BOZEMAN,MT59717 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

NATIONAL AGRICULTURE IN THE CLASSROOM

19 RIVER OAKS WAY
PALM COAST,FL32137 		  PC 2025 NATIONAL AGRICULTURE IN THE CLASSROOM SUPPORT 110,000

NATIONAL AGRI-MARKETING ASSOCIATION (NAMA) FOUNDATION

8700 STATE LINE ROAD
LEAWOOD,KS66206 		  PC STUDENT NAMA PROGRAM 5,000

NATIONAL FARMERS UNION FOUNDATION

20 F ST NW SUITE 300
WASHINGTON,DC20001 		  PC NFU GENERAL EDUCATION AND LEADERSHIP 40,000

NATIONAL FARMERS UNION FOUNDATION

20 F ST NW SUITE 300
WASHINGTON,DC20001 		  PC NFU COOPERATIVE AND ONLINE EDUCATION 55,000

NORTH DAKOTA FARMERS UNION EDUCATIONAL FOUNDATION

1415 12TH AVE SE
JAMESTOWN,ND58401 		  SO III FI NORTH DAKOTA FARMERS UNION CAMP 65,000

NORTH DAKOTA FARMERS UNION EDUCATIONAL FOUNDATION

1415 12TH AVE SE
JAMESTOWN,ND58401 		  SO III FI NORTH DAKOTA FARMERS UNION EPIC PROGRAM 20,000

NORTH DAKOTA STATE UNIVERSITY

LOFTSGARD HALL NDSU DEPT 7670 PO
BOX 6050
FARGO,ND58104 		  GOV RURAL LEADERSHIP NORTH DAKOTA REGIONAL AGRICULTURE AND RURAL ISSUES SEMINAR FOR CLASS X 12,000

NORTH DAKOTA STATE UNIVERSITY

LOFTSGARD HALL NDSU DEPT 7670 PO
BOX 6050
FARGO,ND58104 		  GOV NEXT CHAPTER AT NDSU 250,000

NORTH DAKOTA STATE UNIVERSITY FOUNDATION

1241 N UNIVERSITY DRIVE
FARGO,ND58102 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

NORTH THURSTON PUBLIC SCHOOLS #003

305 COLLEGE STREET NE
LACEY,WA98516 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT ANIMAL SCIENCE 1,000

NORTHEAST COMMUNITY COLLEGE FOUNDATION

801 E BENJAMIN AVE
NORFOLK,NE68701 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

NORTHEAST IOWA COMMUNITY COLLEGE FOUNDATION INC

8342 NICC DR
PEOSTA,IA52068 		  PC NATIONAL FARM SAFETY AND HEALTH WEEK 10,000

NORTHWEST AGRICULTURAL COOPERATIVE COUNCIL

PO BOX 14911
TUMWATER,WA98511 		  NC OREGON STATE UNIVERSITY COOPERATIVE CLASS AND TOUR OF COOPERATIVES 12,000

OKLAHOMA STATE UNIVERSITY

401 WHITEHURST HALL
STILLWATER,OK74078 		  GOV AN ALTERNATIVE APPROACH TO PREPARING TEACHERS TO DEVELOP A NEW GENERATION OF AGRICULTURAL LEADERS 149,511

OKLAHOMA STATE UNIVERSITY FOUNDATION

400 S MONROE ST
STILLWATER,OK74074 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

OREGON STATE UNIVERSITY FOUNDATION

4238 SW RESEARCH WAY
CORVALLIS,OR97333 		  PC DEVELOPING FUTURE LEADERS ANYWHERE: MEETING STUDENTS OUTSIDE THE CLASSROOM 50,000

PARIS COOPERATIVE HIGH SCHOOL

14040 E 1200TH RD
PARIS,IL61944 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT AG MECHANICS 1,000

PROGRESSIVE AGRICULTURE FOUNDATION

PO BOX 530425
BIRMINGHAM,AL35253 		  PC PROGRESSIVE AGRICULTURE SAFETY DAY 160,000

PROWERS COUNTY SCHOOL DISTRICT RE-3

206 NORTH THIRD STREET
HOLLY,CO81047 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT AG MECHANICS 1,000

RALPH K MORRIS FOUNDATION

5775 WAYZATA BLVD STE 700
MINNEAPOLIS,MN55416 		  PC ELROY WEBSTER COOPERATIVE STUDIES 5,000

REDLANDS COMMUNITY COLLEGE

1300 S COUNTRY CLUB RD
EL RENO,OK73036 		  GOV 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

RESOURCE EDUCATION AND AGRICULTURE LEADERSHIP MONTANA FOUNDATION

502 S 19TH AVE STE 104
BOZEMAN,MT59718 		  PC REAL MONTANA CLASS VI SUPPORT 12,000

RICHLAND WILKIN EMERGENCY FOOD PANTRY INC

699 8TH AVE S
WAHPETON,ND58075 		  PC CHS FOUNDATION RURAL COMMUNITY GRANT 2,500

RIDGEWATER COLLEGE FOUNDATION

2101 15TH AVE NW
WILLMAR,MN56201 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 10,000

ROCKY MOUNTAIN FARMERS UNION EDUCATIONAL & CHARITABLE FOUNDATION

7900 E UNION AVENUE STE 200
DENVER,CO80237 		  PC COOPERATIVE LEADERSHIP YOUTH PROGRAM 16,540

ROCKY MOUNTAIN FARMERS UNION EDUCATIONAL & CHARITABLE FOUNDATION

7900 E UNION AVENUE STE 200
DENVER,CO80237 		  PC ROCKY MOUNTAIN FARMERS UNION FELLOWS 12,000

SHELBYVILLE COMMUNITY UNIT SCHOOL DISTRICT #4

720 WEST MAIN STREET
SHELBYVILLE,IL62565 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT AG HEALTH & SAFETY 1,000

SOUTH DAKOTA AGRICULTURAL AND RURAL LEADERSHIP FOUNDATION

132 ANIMAL SCIENCE COMPLEX BOX 2170
BROOKINGS,SD57007 		  PC AG & RURAL LEADERSHIP 2023-2024 12,000

SOUTH DAKOTA FARMERS UNION FOUNDATION

1410 DAKOTA AVE S
HURON,SD57350 		  PC COMMUNITY OF COOPERATION 22,500

SOUTH DAKOTA STATE UNIVERSITY FOUNDATION

815 MEDARY AVE
BROOKINGS,SD57006 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

SOUTHEAST REGION CAREER & TECHNOLOGY CENTER

2101 9TH ST N
WAHPETON,ND58075 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT SAE FOR ALL 1,000

SOUTHEAST REGION CAREER & TECHNOLOGY CENTER

2101 9TH ST N
WAHPETON,ND58075 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT HORTICULTURE/GREENHOUSE 1,000

SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION

1501 STATE STREET
MARSHALL,MN56258 		  PC MARL CLASS XIII, 2024 12,000

STROTHER PUBLIC SCHOOL

36085 EW 1140
SEMINOLE,OK74868 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT AG MECHANICS 1,000

THE NEBRASKA COOPERATIVE COUNCIL EDUCATION FOUNDATION

635 SOUTH 14TH STREET SUITE 125
LINCOLN,NE68508 		  PC COOPERATIVE EDUCATION FOR NEBRASKA'S YOUTH - 2024 2,300

UNIFIED SCHOOL DISTRICT NO 501

624 SW 24TH STREET
TOPEKA,KS66611 		  GOV 2024 NATIONAL FFA CONVENTION CLASSROOM GRANT ANIMAL SCIENCE 1,000

UNIVERSITY OF IDAHO FOUNDATION INC

875 PERIMETER DR
MOSCOW,ID83844 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

UNIVERSITY OF ILLINOIS FOUNDATION

1305 W GREEN ST
URBANA,IL61801 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK ST SE STE 500
MINNEAPOLIS,MN55455 		  PC COMMODITY CHALLENGE 17,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK ST SE STE 500
MINNEAPOLIS,MN55455 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

UNIVERSITY OF NEBRASKA BOARD OF REGENTS

3835 HOLDREGE ST
LINCOLN,NE68503 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

UNIVERSITY OF WISCONSIN RIVER FALLS FOUNDATION

410 S 3RD ST
RIVER FALLS,WI54022 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

WEST TEXAS A&M UNIVERSITY FOUNDATION

PO BOX 60766
CANYON,TX79016 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 22,000

WISCONSIN FARMERS UNION FOUNDATION INC

117 W SPRING ST
CHIPPEWA FLS,WI54729 		  PC CAMP PROGRAM 30,000

WISCONSIN FARMERS UNION FOUNDATION INC

117 W SPRING ST
CHIPPEWA FLS,WI54729 		  PC YOUTH PROGRAM 6,800

DISCOVERY EDUCATION

4350 CONGRESS ST SUITE 700
CHARLOTTE,NC28209 		  NC COOPERATIVE MINDS: CHS FOUNDATION + DISCOVERY EDUCATION 250,000

NATIONAL 4-H COUNCIL

655 15TH STREET NW
WASHINGTON,DC20005 		  PC 4-H POSITIVE YOUTH DEVELOPMENT EVENTS: GROWING THE NEXT GENERATION OF DEI LEADERS 500,000

NORTH DAKOTA STATE UNIVERSITY FOUNDATION

1241 UNIVERSITY DR N
FARGO,ND58102 		  PC 2024/25 UNIVERSITY PARTNER PROGRAM 83,333
Total .................................right arrow 3a 3,957,067
bApproved for future payment

AGRICULTURE FUTURE OF AMERICA
PO BOX 379
LIBERTY,MO64069 		  PC 2024-26 AFA PROGRAM SUPPORT AND GROWTH PARTNERSHIP 272,500
Total ................................. right arrow 3b 272,500
Form 990-PF (2024)
Form 990-PF (2024)
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 2,832,585  
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 ............ 		    18 897,935  
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 3,730,520 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,730,520
(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 (2024)
Form 990-PF (2024)
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)
Yes
 
(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
1a(1) 4,000 KANSAS COOPERATIVE COUNCIL GRANT
1a(1) 12,000 NORTHWEST AGRICULTURAL COOPERATIVE COUNCIL GRANT
1a(1) 12,000 IOWA CORN GROWERS ASSOCIATION GRANT
1a(1) 250,000 DISCOVERY EDUCATION INC GRANT
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
CHS FOUNDATION
 
Employer identification number

41-6025858
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 ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
CHS FOUNDATION
  		Employer identification number
41-6025858
Part I
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
CHS INC
 
5500 CENEX DRIVE
 
INVER GROVE HEIGHTS, MN55077

$ 8,153,456


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
CHS FOUNDATION
  		Employer identification number

41-6025858
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
 
$    
(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
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
CHS FOUNDATION
  		Employer identification number

41-6025858
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 (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 56,550 28,275   28,275

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

TY 2024 ExpenditureResponsibilityStmt
Name:
CHS FOUNDATION
EIN:
41-6025858
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
NORTHWEST AGRICULTURAL EXECUTIVE COUNCIL
  		PO BOX 14911
TUMWATER,WA98511 		2024-03-11 12,000 OREGON STATE UNIVERSITY COOPERATIVE CLASS AND TOUR OF COOPERATIVES 12,000 NO 2/1/2025 2024-05-22  
KANSAS COOPERATIVE COUNCIL
  		1515 EAST 30TH AVE
HUTCHINSON,KS67502 		2024-03-11 4,000 CO-OPS 101 FOR INTERNS 4,000 NO 7/16/2024 2024-05-15  
DISCOVERY EDUCATION INC
  		10576 JUSTIN DR
URBANDALE,IA50322 		2023-09-06 500,000 CO-OPERATIVE MINDS PLATFORM 250,000 NO FINAL DUE: 10/31/25; PROGRESS REPORT: 10/31/24 2023-10-04  
IOWA CORN GROWERS ASSOCIATION
  		5505 NW 88TH ST STE 100
JOHNSTON,IA501312948 		2024-05-07 12,000 INTERNATIONAL TRADE MISSION SPONSORSHIP 12,000 NO 03/31/2025 2024-05-15  

TY 2024 InvestmentsCorpBondsSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Name of Bond End of Year Book Value End of Year Fair Market Value
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND 4,981,614 4,981,614
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND 2,316,150 2,316,150
TOTAL BOND MKT IX IST PLS 10,342,667 10,342,667

TY 2024 InvestmentsCorpStockSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Name of Stock End of Year Book Value End of Year Fair Market Value
VANGUARD TOTAL INTERNATIONAL STOCK INDEX 8,055,587 8,055,587
VANGUARD TOTAL STOCK MARKET INDEX FUND 12,213,869 12,213,869
VANGUARD PRIMECAP FUND 6,117,895 6,117,895
VANGUARD WINDSOR FUND 6,188,495 6,188,495
VANGUARD INTERNATIONAL VALUE FUND 3,972,854 3,972,854
VANGUARD INTERNATIONAL GROWTH FUND 4,050,981 4,050,981

TY 2024 LegalFeesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,254 0   3,254


TY 2024 OtherExpensesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL & MANAGERIAL EXPENSE 149,455 0   119,536
PROMOTION EXPENSE 1,593 0   1,593
STATE FILING FEE 25 0   25


TY 2024 OtherIncreasesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Description Amount
UNREALIZED GAIN ON INVESTMENTS 821,793


TY 2024 OtherLiabilitiesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Description Beginning of Year - Book Value End of Year - Book Value
EXCISE TAX LIABILITY 100,779 138,734


TY 2024 OtherProfessionalFeesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 89,412 89,412   0
CONSULTING FEES 9,312 0   9,312


TY 2024 TaxesSchedule
Name:
CHS FOUNDATION
EIN:
41-6025858
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 64,499 0   0