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
Chorzempa Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 580317
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Minneapolis, MN554580317
A Employer identification number

41-1875585
B Telephone number (see instructions)

(612) 997-3774
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$29,070,997J 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) 390,606
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 881,100 881,100  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,819,517
b Gross sales price for all assets on line 6a 38,255,740
7 Capital gain net income (from Part IV, line 2)... 7,819,517
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........ 9,091,223 8,700,617  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 22,500 0   22,500
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
50,655 12,665   37,990
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
98,474 96,224   2,250
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
20,158 99   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,624 0   3,624
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
633 0   633
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 196,044 108,988   66,997
25 Contributions, gifts, grants paid....... 1,166,000 1,166,000
26 Total expenses and disbursements. Add lines 24 and 25 1,362,044 108,988   1,232,997
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,729,179
b Net investment income (if negative, enter -0-) 8,591,629
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............. 931,348 474,220 474,220
2 Savings and temporary cash investments.........      
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) 3,090,109 Click to see attachment
List of Attached Documents:
// Content
2,427,318 		2,424,860
b Investments—corporate stock (attach schedule)....... 15,796,860 Click to see attachment
List of Attached Documents:
// Content
20,091,941 		19,993,733
c Investments—corporate bonds (attach schedule)....... 1,616,233 Click to see attachment
List of Attached Documents:
// Content
6,171,376 		6,178,184
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).......... 20,000 0 0
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) 21,454,550 29,164,855 29,070,997
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 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 21,454,550 29,164,855
29 Total net assets or fund balances (see instructions)..... 21,454,550 29,164,855
30 Total liabilities and net assets/fund balances (see instructions). 21,454,550 29,164,855
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
21,454,550
2
Enter amount from Part I, line 27a .....................
2
7,729,179
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
29,183,729
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
18,874
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
29,164,855
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      
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 38,255,740   30,436,223 7,819,517
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       7,819,517
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 7,819,517
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) 1 119,424
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........................... 3 119,424
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- ..... 5 119,424
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 18,720
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,720
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 100,704
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 arrowN/A
14
The books are in care ofright arrowEide Bailly Telephone no.right arrow (612) 253-6560

Located atright arrow800 Nicollet Mall Ste 1300MinneapolisMN ZIP+4right arrow554027033
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)
 
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
Martin D Chorzempa President
10.00 		4,500 0 0
PO Box 580317
Minneapolis,MN554580317
Patricia Heiser Senior Vice President
2.00 		4,500 0 0
PO Box 580317
Minneapolis,MN554580317
Martin A Chorzempa Vice President/Treasurer
2.00 		4,500 0 0
PO Box 580317
Minneapolis,MN554580317
Nick Heiser Vice President/Secretary
2.00 		4,500 0 0
PO Box 580317
Minneapolis,MN554580317
Jonah Heiser Director
2.00 		4,500 0 0
PO Box 580317
Minneapolis,MN554580317
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 (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
BMO Wealth Management Investment Management 84,458
50 South 6th St
Minneapolis,MN55402
Eide Bailly Advisory Services 50,655
800 Nicollet Mall Ste 1300
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
24,606,606
b
Average of monthly cash balances.......................
1b
2,873,644
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
27,480,250
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
27,480,250
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
412,204
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
27,068,046
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,353,402
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
1,353,402
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
119,424
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
119,424
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,233,978
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,233,978
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
1,233,978
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
1,232,997
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
1,232,997
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 1,233,978
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,155,884
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,232,997
a Applied to 2023, but not more than line 2a 1,155,884
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..... 77,113
e Remaining amount distributed out of corpus 0
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 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 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 .......... 		1,156,865
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) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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

30 Days Foundation

8014 Olson Memorial Hwy 195
Gloden Valley,MN55427 		None PC General Operations 10,000

Agape International Missions

2000 Opportunity Dr Ste 100
Roseville,CA95678 		None PC General Operations 20,000

Alzheimer's Association Minnesota-North Dakota Chapter

7900 West 78th St Suite 100
Minneapolis,MN55439 		None PC Help fund partnership and collaboration throughout the scientific community 10,000

Angel Foundation

1155 Centre Pointe Drive Ste 7
Mendota Heights,MN55120 		None PC To support adults & families facing cancer 12,000

Community of Recovering People (The Retreat)

1221 Wayzata Blvd E
Wayzata,MN55391 		None PC General Operations 6,000

Convoy of Hope

PO Box 1125
Springfield,MO65801 		None PC Ukrainian crisis relief fund 30,000

Convoy of Hope

PO Box 1125
Springfield,MO65801 		None PC Feed the World Fund 150,000

Counterpoint Concerts

1919 S St Nw
Washington,DC20009 		None PC Community enhancing concerts 20,000

Edith's House Inc

PO Box 11987
Minneapolis,MN55411 		None PC General Operations 24,000

Episcopal Relief & Development

815 Second Ave
New York,NY10017 		None PC General Operations 40,000

FIRC - Family and Intercultural Resource Center

251 W 4th St
Silverthorne,CO80498 		None PC General operations 50,000

Food Bank of the Rockies

10700 E 45th Ave
Denver,CO80239 		None PC General operations 20,000

Frauenmilchbank-Initiative eV (HumanWomen's Milk Initiative Organization

Puttkampsweg 5
  Hamburg22609
GM 		None PC - Equivalency Det Sponsor annual conference and training project 15,000

Milwaukee Rescue Mission

830 N 19th St
Milwaukee,WI53233 		None PC General Operations 10,000

Minnesota Adult & Teen Challenge

740 East 24th Street
Minneapolis,MN55404 		None PC General Operations 100,000

Minnesota Historical Society

345 Kellogg Blvd W
St Paul,MN55102 		None PC General Operations and supporting the James J. Hill House 10,000

Minnesota Landscape Arboretum Foundation

3675 Arboretum Dr
Chaska,MN55318 		None PC Growing Good Youth Urban Garden Program and Nature Based Therapy 8,000

Minnesota Milk Bank for Babies (MMBB)

2525 Nevada Ave N Ste 304
Golden Valley,MN55427 		None PC Facility and equipment needs 50,000

Minnesota Ovarian Cancer Alliance (MOCA)

4604 Chicago Ave
Minneapolis,MN55407 		None PC General Operations and cancer research grants 27,000

National Alliance on Mental Illness (NAMI)

4301 Wilson Blvd Ste 300
Arlington,VA22203 		None PC General Operations 20,000

National Gallery of Art

2000 S Club Dr
Hyattsville,MD20785 		None PC Art Around the Corner Program 25,000

Normandale Community College Foundation

9700 France Avenue South
Bloomington,MN55431 		None PC Student Scholarships 32,000

North Central University

910 Elliot Ave
Minneapolis,MN55404 		None PC Student Scholarships 12,000

Oasis for Youth

2200 W Old Shakopee Rd
Blomington,MN55431 		None PC General Operations 20,000

One Heartland

1618 Harmon Place
Minneapolis,MN55403 		None PC General operations 20,000

Parkinson's Resources of Oregon

8880 SW Nimbus Ave Ste B
Beaverton,OR97008 		None PC Education, support and advocacy for a cure of Parkinson's Disease 10,000

PrairieCare Fund

5500 94th Ave
Brooklyn Park,MN55443 		None PC General Operations 20,000

Resolve - The National Infertility Association

7918 Jones Branch Drive Ste 300
McLean,VA22102 		None PC General Operations 25,000

Smith Center for Healing and the Arts

1632 U Street NW
Washington,DC10009 		None PC General Operations 10,000

St George's Episcopal Church and Community Meals

PO Box 243
Leadville,CO80461 		None PC General Operations 50,000

Summit Academy OIC

935 Olson Memorial Hwy
Minneapolis,MN55405 		None PC Close tuition funding gap 10,000

The Phillips Collection

1600 Twenty-First St NW
Washington,DC20009 		None PC General Operations 25,000

Twin Cities Rise

1301 Bryant Ave N
Minneapolis,MN55411 		None PC Empowerment Institute 10,000

Universitatsmedizin der Johannes Gutenberg-Universitat Mainz

LangenbeckstraBe1
  Mainz55131
GM 		None PC - Equivalency Det Equipment and lactation consultants 50,000

University of Minnesota Foundation

200 Oak St S East Ste 500
Minneapolis,MN55455 		None PC Mezin-Koats Colon Cancer Research Fund 5,000

University of Minnesota Foundation

200 Oak St S East Ste 500
Minneapolis,MN55455 		None PC Clinical Research Coordinator - Masonic Cancer Center 50,000

Volunteers Enlisted to Assist People (VEAP)

9600 Aldrich Avenue South
Bloomington,MN55420 		None PC General Operations 40,000

World Bicycle Relief

1000 West Fulton Market 4th Floor
Chicago,IL60607 		None PC General Operations 40,000

World Vision

PO Box 9716 Ms 216
Federal Way,WA98063 		None PC Ukraine Crisis Fund 30,000

University of Minnesota Foundation

200 Oak St S East Ste 500
Minneapolis,MN55455 		None PC Establish Chorzempa Family Clinical Trials Fund 40,000

University of Minnesota Carlson School of Mgmt

321 S 19th Ave
Minneapolis,MN55455 		None PC Fund study abroad scholarship 10,000
Total .................................right arrow 3a 1,166,000
bApproved for future payment
Total ................................. right arrow 3b 0
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 ....     14 881,100  
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 7,819,517  
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 8,700,617 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
8,700,617
(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)
 
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 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
Chorzempa Family Foundation
 
Employer identification number

41-1875585
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
Chorzempa Family Foundation
  		Employer identification number
41-1875585
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
Martin V Chorzempa Estate
 
BMO Harris Bank 111 West Monroe Str
 
Chicago, IL60603

$ 390,606


(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
Chorzempa Family Foundation
  		Employer identification number

41-1875585
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
Chorzempa Family Foundation
  		Employer identification number

41-1875585
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:
Chorzempa Family Foundation
EIN:
41-1875585
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting & Advisory Fees 50,655 12,665   37,990

TY 2024 InvestmentsCorpBondsSchedule
Name:
Chorzempa Family Foundation
EIN:
41-1875585
Name of Bond End of Year Book Value End of Year Fair Market Value
Puerto Rico Cmwth Suberser Cw Nt Claims Gty 15 Mar 2022 01 Nov 2043 0 1,936
GS Short Duration Bond Fund Class P 6,171,376 6,176,248

TY 2024 InvestmentsCorpStockSchedule
Name:
Chorzempa Family Foundation
EIN:
41-1875585
Name of Stock End of Year Book Value End of Year Fair Market Value
iShares S&P 500 Index Fund Class G (BSPGX) 8,781,720 8,800,569
GS GQG Partners International Opportunities Fund Class P 1,966,019 1,748,621
GOLDMAN SACHS BANK USA DEPOSIT (BDA) 51,117 51,122
CROWN CASTLE INTL CORP 1.35% 07/15/2025 USD SR LIEN 16,690 16,780
PHILIP MORRIS INTL INC 0.875% 05/01/2026 USD SR LIEN 22,835 22,872
VERIZON COMMUNICATIONS 4.125% 03/16/2027 USD SR 32,359 33,021
ROPER TECHNOLOGIES INC 1.4% 09/15/2027 USD SR LIEN 3,008 2,760
XYLEM INC 1.95% 01/30/2028 USD SR LIEN Next Call Dt. 11 30 36,878 33,298
EVERSOURCE ENERGY 5.45% 03/01/2028 USD SR LIEN Next 32,079 32,999
BANK OF AMERICA CORPORATION HYBRID MTN 04/27/2028 11,048 10,968
BANK OF AMERICA CORPORATION HYBRID MTN 07/21/2028 6,893 6,887
AMERICAN EXPRESS CO HYBRID 07/26/2028 SR LIEN CPN 16,123 16,429
INTERCONTINENTAL EXCHANGE, INC 3.625% 09/01/2028 SER 11,567 11,649
THE BANK OF NOVA SCOTIA HYBRID 09/08/2028 SR LIEN CPN 13,077 13,042
NXP BV/NXP FUNDING LLC 5.55% 12/01/2028 USD SR LIEN 20,431 20,436
MORGAN STANLEY HYBRID MTN 01/24/2029 USD SR LIEN 15,485 15,687
FOX CORPORATION 4.709% 01/25/2029 USD SER WI SR LIEN 15,945 16,141
TRUIST FINANCIAL CORPORATION HYBRID MTN 01/26/2029 9,116 9,144
BANK OF NY MELLON CORP HYBRID 02/01/2029 USD SR LIEN 33,890 34,382
STATE STREET CORPORATION HYBRID 02/20/2029 SR LIEN 33,808 34,176
AON NORTH AMERICA, INC. 5.15% 03/01/2029 USD SR LIEN 20,214 20,408
BANK OF AMERICA CORPORATION HYBRID MTN 03/05/2029 16,521 16,704
KEURIG DR PEPPER INC. 5.05% 03/15/2029 USD SR LIEN Next 31,718 32,570
MORGAN STANLEY HYBRID MTN 04/20/2029 USD SR LIEN 18,535 18,232
JPMORGAN CHASE & CO. HYBRID 04/23/2029 USD SR LIEN 6,952 6,841
JPMORGAN CHASE & CO. HYBRID 07/23/2029 USD SR LIEN 27,393 27,761
SIMON PROPERTY GROUP, L.P. 2.45% 09/13/2029 USD SR LIEN 37,074 37,174
CITIZENS FINANCIAL GROUP 2.5% 02/06/2030 USD SR LIEN 24,585 22,121
CITIGROUP INC HYBRID 02/13/2030 USD SR LIEN CPN 18,545 18,340
AMERICAN EXPRESS COMPANY HYBRID 04/25/2030 USD SR 17,865 17,488
NEXTERA ENERGY CAPITAL HOLDING 2.25% 06/01/2030 USD 38,064 32,066
BANK OF MONTREAL HYBRID 09/10/2030 SR LIEN CPN 26,711 26,868
CANADIAN IMPERIAL BANK OF COMM HYBRID 09/11/2030 SR 10,107 9,938
AMEREN CORPORATION 3.5% 01/15/2031 USD SR LIEN Next 32,065 32,512
CITIGROUP INC. HYBRID 01/29/2031 USD SR LIEN CPN 14,228 14,335
BRISTOL-MYERS SQUIBB COMPANY 5.75% 02/01/2031 USD 33,613 34,058
ANTHEM INC 2.55% 03/15/2031 USD SR LIEN Next Call Dt. 12 25,788 21,643
UNITEDHEALTH GROUP INC 4.95% 01/15/2032 SR LIEN Next 34,035 34,306
AUTOZONE INC 4.75% 08/01/2032 USD SR LIEN Next Call Dt. 24,844 24,683
EBAY INC. 6.3% 11/22/2032 USD SR LIEN Next Call Dt. 08 22 30,704 32,092
ENERGY TRANSFER LP 5.75% 02/15/2033 USD SR LIEN Next 10,228 10,354
ENBRIDGE INC 5.7% 03/08/2033 USD SR LIEN Next Call Dt. 12 19,499 19,547
REALTY INCOME CORPORATION 4.9% 07/15/2033 USD SR 9,831 9,921
GATX CORP 5.45% 09/15/2033 USD SR LIEN Next Call Dt. 06 31,951 32,603
U.S. BANCORP HYBRID 10/21/2033 USD SR LIEN CPN 10/21/22 8,553 8,270
PNC FINANCIAL SERVICES GROUP, HYBRID 01/24/2034 USD SR 9,168 8,974
DOW CHEMICAL CO/THE 5.15% 02/15/2034 USD SR LIEN Next 19,892 19,951
THE CIGNA GROUP 5.25% 02/15/2034 USD SR LIEN Next Call 19,947 20,017
MPLX LP 5.5% 06/01/2034 USD SR LIEN Next Call Dt. 03 01 34 14,969 14,867
COMCAST CORPORATION 5.65% 06/15/2035 SR LIEN S&P A- 22,890 22,518
WYETH LLC 5.95% 04/01/2037 USD SR LIEN S&P A /Moody's 9,561 9,532
GOLDMAN SACHS BANK USA DEPOSIT (BDA) (*BDANOW) 67,352 67,360
APPLIED INDUSTRIAL TECHNOLOGY INC (AIT) 23,006 21,792
ASCENDIS PHARMA A/S SPONSORED ADR CMN (ASND) 17,625 18,861
ASSURED GUARANTY LTD. CMN (AGO) 28,356 29,973
AZEK COMPANY INC. (THE) CMN (AZEK) 26,074 25,064
BLACKLINE, INC. CMN (BL) 10,228 9,965
BLUEPRINT MEDICINES CORP CMN (BPMC) 15,871 14,391
BRIGHT HORIZONS FAMILY SOL INC CMN (BFAM) 34,643 33,477
CABLE ONE INC. CMN (CABO) 17,651 16,658
CHAMPIONX CORPORATION CMN (CHX) 15,852 14,982
CHARLES RIVER LABORATORIES INT CMN (CRL) 9,228 8,861
CTS CORPORATION CMN (CTS) 19,873 19,314
CURBLINE PROPERTIES CORP. CMN (CURB) 12,742 12,580
CYTOKINETICS, INC. CMN (CYTK) 13,793 12,654
DYNATRACE HOLDINGS LLC CMN (DT) 15,272 14,838
EASTERN BANKSHARES INC CMN (EBC) 28,777 28,911
ENCOMPASS HEALTH CORPORATION CMN (EHC) 28,269 25,858
ENPRO INC CMN (NPO) 28,029 28,799
ENTEGRIS, INC. CMN (ENTG) 12,762 12,184
FIRST WATCH RESTAURANT GROUP, CMN (FWRG) 14,609 14,590
GUARDIAN PHARMACY SERVICES INC CMN (GRDN) 19,145 15,742
H.B. FULLER COMPANY CMN (FUL) 22,100 19,974
HAEMONETICS CORPORATION CMN (HAE) 3,569 3,514
HEALTHEQUITY, INC. CMN (HQY) 29,421 30,512
HORACE MANN EDUCATORS CORP CMN (HMN) 21,725 21,263
INARI MEDICAL INC CMN (NARI) 18,090 17,663
INFINERA CORPORATION CMN (INFN) 19,203 18,915
INGEVITY CORPORATION CMN (NGVT) 25,257 22,657
INSMED INC CMN (INSM) 12,610 12,358
KADANT INCORPORATED CMN (KAI) 30,893 28,289
KINDERCARE LEARNING COMPANIES CMN (KLC) 18,324 14,810
LIFESTANCE HEALTH GROUP, INC. CMN (LFST) 8,936 9,389
LITTELFUSE, INC. CMN (LFUS) 19,221 18,145
MGIC INVESTMENT CORP COMMON STOCK (MTG) 22,810 22,382
NCR ATLEOS CORP CMN (NATL) 27,827 30,630
NCR VOYIX CORP CMN (VYX) 16,240 15,958
NEOGENOMICS, INC. CMN (NEO) 25,176 24,967
NEUROCRINE BIOSCIENCES, INC. CMN (NBIX) 16,631 18,155
NEW BIOHAVEN CMN (BHVN) 10,300 8,329
NEXSTAR MEDIA GROUP INC CMN (NXST) 16,361 15,007
NOMAD FOODS LTD CMN (NOMD) 26,343 25,103
OLD NATIONAL BANCORP CMN (ONB) 25,248 25,916
ONTO INNOVATION INC. CMN (ONTO) 21,626 21,500
ORTHOPEDIATRICS CORP CMN (KIDS) 10,631 9,342
OSI SYSTEMS, INC. CMN (OSIS) 17,738 16,408
PACIFIC PREMIER BANCORP, INC CMN (PPBI) 19,110 18,142
PHREESIA INC CMN (PHR) 24,407 28,959
POWER INTEGRATIONS, INC. CMN (POWI) 14,698 14,068
PROSPERITY BANCSHARES, INC. CMN (PB) 14,319 14,047
SI-BONE, INC. CMN (SIBN) 8,277 8,090
SITEONE LANDSCAPE SUPPLY, INC. CMN (SITE) 16,430 14,626
SITIME CORP CMN (SITM) 14,319 14,588
SPX TECHNOLOGIES INC CMN (SPXC) 31,811 29,541
STANDARDAERO INC CMN (SARO) 18,769 17,109
TALEN ENERGY CORPORATION CMN (TLN) 35,775 36,869
TENNANT CO CMN (TNC) 21,677 20,464
THE BANCORP INC CMN (TBBK) 40,740 41,262
TOPBUILD CORP. CMN (BLD) 21,071 17,746
VALMONT INDUSTRIES INC CMN (VMI) 33,183 31,034
VAXCYTE INC CMN (PCVX) 15,473 12,934
WEX INC. CMN (WEX) 12,181 12,097
WILEY JOHN & SONS CL-A CMN CLASS A (WLY) 23,789 21,899
WORKIVA INC. CMN (WK) 17,244 20,805
WSFS FINANCIAL CORP CMN (WSFS) 18,838 18,330
WYNDHAM HOTELS & RESORTS, INC. CMN (WH) 26,371 27,919
YETI HOLDINGS INC CMN (YETI) 22,599 20,641
ZURN ELKAY WATER SOLUTIONS COR CMN (ZWS) 21,122 19,881
DIGITALBRIDGE GROUP, INC. CMN (DBRG) 13,060 11,809
EASTGROUP PROPERTIES INC CMN (EGP) 20,530 19,427
ESSENTIAL PROPERTIES REALTY TRUST, INC. CMN (EPRT) 21,614 21,345
SENSATA TECHNOLOGIES HOLDING P CMN (ST) 17,021 14,933
GOLDMAN SACHS BANK USA DEPOSIT (BDA) (*BDANOW) 1,047,491 1,049,290
ALPHABET INC. CMN CLASS A (GOOGL) 53,397 57,893
AMAZON.COM INC CMN (AMZN) 25,268 55,492
AMERICAN EXPRESS CO. CMN (AXP) 49,721 48,854
APPLE INC. CMN (AAPL) 71,896 82,270
DANAHER CORPORATION CMN (DHR) 31,970 32,067
DATADOG, INC. CMN CLASS A (DDOG) 16,905 14,525
ELI LILLY & CO CMN (LLY) 13,014 32,319
GE VERNOVA LLC CMN (GEV) 44,968 43,556
INTUITIVE SURGICAL, INC. CMN (ISRG) 36,070 33,234
JPMORGAN CHASE & CO CMN (JPM) 30,286 53,245
MARVELL TECHNOLOGY, INC. CMN (MRVL) 40,863 39,912
MC DONALDS CORP CMN (MCD) 39,148 37,856
MICROSOFT CORPORATION CMN (MSFT) 25,248 84,239
MORGAN STANLEY CMN (MS) 51,750 50,138
NEXTERA ENERGY, INC. CMN (NEE) 31,211 29,754
NVIDIA CORPORATION CMN (NVDA) 1,435 60,175
OLD DOMINION FREIGHT LINE, INC CMN (ODFL) 29,744 25,791
PROCTER & GAMBLE COMPANY (THE) CMN (PG) 53,196 51,231
STARBUCKS CORP. CMN (SBUX) 21,564 20,211
UNITEDHEALTH GROUP INCORPORATE CMN (UNH) 12,015 27,745
XYLEM INC. CMN (XYL) 25,118 23,133
AMERICAN TOWER CORPORATION CMN (AMT) 28,769 26,073
ACCENTURE PLC CMN CLASS A (ACN) 36,593 35,179
LINDE PLC CMN (LIN) 32,815 30,563
CORPORATE CREDIT INVESTMENT FUND CLASS A ACCUM 1,449,702 1,449,702
GOLDMAN SACHS BANK USA DEPOSIT (BDA) (*BDANOW) 299,781 299,817
MORGAN STANLEY FINANCE LLC LINKED TO BASKET OF 297,000 293,852
BARCLAYS BANK PLC LINKED TO BASKET OF INDICES UPSIDE 145,000 143,202
JPMORGAN CHASE & CO. LINKED TO BASKET OF INDICES 145,000 145,000
ROYAL BANK OF CANADA LINKED TO BASKET OF INDICES 297,000 294,476
CITIGROUP INC. LINKED TO BASKET OF INDICES UPSIDE 145,000 141,796
UBS AG LINKED TO BASKET OF INDICES UPSIDE LEVERED 145,000 145,363
CANADIAN IMPERIAL BANK OF COMM LINKED TO BASKET OF 146,000 146,592
JPMORGAN CHASE & CO. LINKED TO BASKET OF INDICES 146,000 146,131
ARTISAN: DYNAMIC EQUITY (NON-US EQUITY) [SERIES] 1,760,000 1,728,775

TY 2024 InvestmentsGovtObligationsSch
Name:
Chorzempa Family Foundation
EIN:
41-1875585
US Government Securities - End of Year Book Value:

957,184
US Government Securities - End of Year Fair Market Value:

949,753
State & Local Government Securities - End of Year Book Value:


1,470,134
State & Local Government Securities - End of Year Fair Market Value:


1,475,107


TY 2024 OtherDecreasesSchedule
Name:
Chorzempa Family Foundation
EIN:
41-1875585
Description Amount
Cost Basis Adjustment 18,874


TY 2024 OtherExpensesSchedule
Name:
Chorzempa Family Foundation
EIN:
41-1875585
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Filing Fee 25 0   25
Miscellaneous 593 0   593
Bank Fees 15 0   15


TY 2024 OtherProfessionalFeesSchedule
Name:
Chorzempa Family Foundation
EIN:
41-1875585
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Fees 96,224 96,224   0
Consulting Fees 2,250 0   2,250


TY 2024 TaxesSchedule
Name:
Chorzempa Family Foundation
EIN:
41-1875585
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax 20,059 0   0
Foreign Taxes 99 99   0