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
THE HALLORAN FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)JPM PF SERVICES 390 MADISON AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10017
A Employer identification number

46-4342361
B Telephone number (see instructions)

(952) 345-0702
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$92,102,882J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 55,080 598,084  
4 Dividends and interest from securities... 1,593,050 1,593,050  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,631,481
b Gross sales price for all assets on line 6a 16,827,201
7 Capital gain net income (from Part IV, line 2)... 4,631,481
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........ 6,279,611 6,822,615  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,564 8,564   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
55,969 55,969   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
73,099 45,438   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......   422,217    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 137,632 532,188   0
25 Contributions, gifts, grants paid....... 2,046,946 2,046,946
26 Total expenses and disbursements. Add lines 24 and 25 2,184,578 532,188   2,046,946
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,095,033
b Net investment income (if negative, enter -0-) 6,290,427
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......... 4,531,856 11,203,531 11,203,531
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) 7,991,562 0 0
b Investments—corporate stock (attach schedule)....... 19,274,756 Click to see attachment
List of Attached Documents:
// Content
14,796,967 		66,774,396
c Investments—corporate bonds (attach schedule).......      
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).......... 0 Click to see attachment
List of Attached Documents:
// Content
11,477,918 		13,359,998
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
282,923 		Click to see attachment
List of Attached Documents:
// Content
279,401 		Click to see attachment
List of Attached Documents:
// Content
764,957
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,081,097 37,757,817 92,102,882
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 32,081,097 37,757,817
29 Total net assets or fund balances (see instructions)..... 32,081,097 37,757,817
30 Total liabilities and net assets/fund balances (see instructions). 32,081,097 37,757,817
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
32,081,097
2
Enter amount from Part I, line 27a .....................
2
4,095,033
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,581,687
4
Add lines 1, 2, and 3 ..........................
4
37,757,817
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
37,757,817
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 3M CO   2009-03-09 2024-04-26
b AKAMAI TECHNOLOGIES   2011-09-06 2024-04-26
c AKAMAI TECHNOLOGIES   2008-12-05 2024-04-26
d ALFA LAVAL ADR   2016-10-25 2024-04-26
e ALFA LAVAL ADR   2016-05-26 2024-04-26
ALLSTATE CORP   2009-06-15 2024-04-26
ALTRIA GROUP INC   2009-01-05 2024-04-26
AMER ELECTRIC PWR CO   2009-03-09 2024-04-26
ANGLO AMERICAN PLC ADR   2016-07-12 2024-04-26
ANGLO AMERICAN PLC ADR   2016-06-09 2024-04-26
AON PLC A   2009-07-23 2024-04-26
AON PLC A   2009-03-09 2024-04-26
BECTON DICKINSON&CO   2006-05-15 2024-04-26
BIO-TECHNE CORP   2009-04-13 2024-04-26
BIOVERATIV INC   2024-09-19 2024-09-19
BOOKING HOLDINGS INC   2011-10-07 2024-04-26
CENCORA INC   2008-12-05 2024-04-26
CHARLES SCHWAB CORP   2016-01-27 2024-04-26
CHARLES SCHWAB CORP   2009-02-05 2024-04-26
CHART INDUSTRIES INC   2015-12-18 2024-04-26
CHART INDUSTRIES INC   2015-11-04 2024-04-26
CHART INDUSTRIES INC   2010-06-16 2024-04-26
CISCO SYS INC   2011-10-07 2024-10-28
CISCO SYS INC   2011-08-05 2024-10-28
CISCO SYS INC   2009-04-13 2024-10-28
CISCO SYS INC   2009-02-05 2024-10-28
CITIGROUP INC   2012-11-13 2024-04-26
CITIGROUP INC   2012-03-08 2024-04-26
CITIGROUP INC   2010-03-01 2024-04-26
COLGATE-PALMOLIVE CO   2006-01-09 2024-04-26
COMCAST CORP A   2012-03-08 2024-04-26
COMCAST CORP A   2011-05-03 2024-04-26
COMCAST CORP A   2011-01-24 2024-04-26
COMCAST CORP A   2010-03-01 2024-04-26
COMCAST CORP A   2009-01-05 2024-04-26
COMCAST CORP A   2008-01-14 2024-04-26
CONSTELLATION BRAND A   2013-06-28 2024-04-26
DAIKIN INDUSTRIES ADR   2016-06-09 2024-04-26
DAIKIN INDUSTRIES ADR   2016-05-26 2024-04-26
DISNEY WALT CO   2009-05-14 2024-10-28
DISNEY WALT CO   2008-04-17 2024-10-28
DISNEY WALT CO   2006-01-09 2024-10-28
DISNEY WALT CO   2006-01-09 2024-10-28
DOVER CORP   2020-05-13 2024-10-28
DOVER CORP   2020-05-13 2024-10-28
DOVER CORP   2020-05-13 2024-10-28
DOVER CORP   2020-05-13 2024-10-28
DOVER CORP   2020-05-13 2024-10-28
DOVER CORP   2020-05-13 2024-10-28
DOVER CORP   2020-05-13 2024-10-28
DOVER CORP   2020-05-13 2024-10-28
DOVER CORP   2020-05-13 2024-10-28
DOVER CORP   2020-05-13 2024-10-28
DSV A/S ADR   2017-02-07 2024-04-26
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2020-04-03 2024-08-29
DUPONT DE NEMOURS IN   2012-11-13 2024-08-29
DUPONT DE NEMOURS IN   2009-08-25 2024-08-29
DUPONT DE NEMOURS IN   2009-07-23 2024-08-29
DUPONT DE NEMOURS IN   2009-03-09 2024-08-29
FAST RETAILING CO ADR   2016-06-09 2024-04-26
FAST RETAILING CO ADR   2016-05-26 2024-04-26
FUJITSU LIMITED ADR   2016-08-16 2024-04-26
FUJITSU LIMITED ADR   2016-07-12 2024-04-26
GARMIN LTD   2009-03-09 2024-04-26
GENERAL MOTORS CO   2020-07-29 2024-08-29
GENERAL MOTORS CO   2020-07-29 2024-08-29
GENERAL MOTORS CO   2020-07-29 2024-08-29
GENERAL MOTORS CO   2020-07-29 2024-08-29
GENERAL MOTORS CO   2020-07-29 2024-08-29
GENERAL MOTORS CO   2020-07-29 2024-08-29
GENERAL MOTORS CO   2020-07-29 2024-08-29
GENERAL MOTORS CO   2020-07-29 2024-08-29
GENERAL MOTORS CO   2020-03-19 2024-08-29
GILEAD SCIENCES INC   2006-01-09 2024-04-26
GLENCORE PLC ADR   2016-06-09 2024-04-26
GLENCORE PLC ADR   2016-05-26 2024-04-26
GOODYEAR TIRE & RUBR   2020-04-22 2024-10-28
GOODYEAR TIRE & RUBR   2020-04-22 2024-10-28
GOODYEAR TIRE & RUBR   2020-04-22 2024-10-28
GOODYEAR TIRE & RUBR   2020-04-16 2024-10-28
GOODYEAR TIRE & RUBR   2020-04-16 2024-10-28
GOODYEAR TIRE & RUBR   2020-04-16 2024-10-28
GOODYEAR TIRE & RUBR   2020-04-16 2024-10-28
GOODYEAR TIRE & RUBR   2020-04-16 2024-10-28
GOODYEAR TIRE & RUBR   2020-04-16 2024-10-28
GOODYEAR TIRE & RUBR   2020-04-16 2024-10-28
GOODYEAR TIRE & RUBR   2020-04-16 2024-10-28
HOME DEPOT INC   2012-11-13 2024-04-26
HOME DEPOT INC   2012-08-22 2024-04-26
HOME DEPOT INC   2012-03-08 2024-04-26
HOME DEPOT INC   2009-04-13 2024-04-26
HONEYWELL INTL INC   2012-11-13 2024-02-09
HONEYWELL INTL INC   2009-04-13 2024-02-09
INFINEON TECH AG ADR   2016-05-26 2024-02-09
INTEL CORP   2012-11-13 2024-10-28
INTEL CORP   2009-10-06 2024-10-28
INTEL CORP   2009-02-05 2024-10-28
INTEL CORP   2008-12-05 2024-10-28
INTEL CORP   2006-06-15 2024-10-28
JOHNSON & JOHNSON   2012-11-13 2024-10-28
JOHNSON & JOHNSON   2012-08-22 2024-10-28
JOHNSON & JOHNSON   2011-09-06 2024-10-28
JOHNSON & JOHNSON   2011-05-03 2024-10-28
JOHNSON & JOHNSON   2010-09-15 2024-10-28
JOHNSON & JOHNSON   2009-10-06 2024-10-28
JOHNSON & JOHNSON   2009-04-13 2024-10-28
JOHNSON & JOHNSON   2008-10-13 2024-10-28
JOHNSON & JOHNSON   2006-01-09 2024-10-28
KENVUE INC   2012-11-13 2024-04-26
KENVUE INC   2012-08-22 2024-04-26
KENVUE INC   2011-09-06 2024-04-26
KENVUE INC   2011-05-03 2024-04-26
KENVUE INC   2010-09-15 2024-04-26
KENVUE INC   2009-10-06 2024-04-26
KENVUE INC   2009-04-13 2024-04-26
KENVUE INC   2008-10-13 2024-04-26
KENVUE INC   2006-01-09 2024-04-26
KERING S A ADR   2016-07-12 2024-04-26
KERING S A ADR   2016-06-09 2024-04-26
KERING S A ADR   2016-05-26 2024-04-26
KIMBERLY CLARK CORP   2009-03-09 2024-04-26
KROGER CO   2009-03-09 2024-04-26
LKQ CORP   2009-03-09 2024-04-26
MACQUARIE BANK LIMIT ADR   2016-06-09 2024-04-26
MACQUARIE BANK LIMIT ADR   2016-05-26 2024-04-26
MARKEL GROUP INC   2009-03-09 2024-04-26
MARVELL TECHNOLOGY I   2008-12-05 2024-04-26
MERCK & CO. INC.   2008-11-04 2024-04-26
MONDELEZ INTL A   2009-05-14 2024-04-26
MONDELEZ INTL A   2006-01-09 2024-04-26
NICE LTD ADR   2016-06-09 2024-04-26
NICE LTD ADR   2016-05-26 2024-04-26
NINTENDO LTD ADR   2016-06-09 2024-04-26
NINTENDO LTD ADR   2016-05-26 2024-04-26
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-12 2024-08-29
NUTRIEN LTD   2020-03-11 2024-08-29
OMRON CORP ADR   2016-06-09 2024-02-09
OMRON CORP ADR   2016-05-26 2024-02-09
PEPSICO INC   2009-06-15 2024-10-28
PEPSICO INC   2009-03-09 2024-10-28
PERNOD RICARD FIN S ADR   2016-11-29 2024-04-26
PERNOD RICARD FIN S ADR   2016-06-09 2024-04-26
PERNOD RICARD FIN S ADR   2016-05-26 2024-04-26
PFIZER INC   2010-09-15 2024-04-26
PFIZER INC   2009-07-23 2024-04-26
PFIZER INC   2009-05-14 2024-04-26
PFIZER INC   2009-03-09 2024-04-26
PINNACLE WEST CAP   2009-03-09 2024-02-09
PROCTER & GAMBLE   2009-03-09 2024-04-26
PRUDENTIAL FINL   2020-04-01 2024-08-29
PRUDENTIAL FINL   2020-04-01 2024-08-29
PRUDENTIAL FINL   2020-04-01 2024-08-29
PRUDENTIAL FINL   2020-04-01 2024-08-29
PRUDENTIAL FINL   2020-04-01 2024-08-29
PRUDENTIAL FINL   2020-04-01 2024-08-29
PRUDENTIAL FINL   2020-04-01 2024-08-29
PRUDENTIAL FINL   2020-04-01 2024-08-29
PRUDENTIAL FINL   2020-04-01 2024-08-29
PUBLIC STORAGE REIT   2009-03-09 2024-04-26
QIAGEN N V   2016-06-09 2024-04-26
QIAGEN N V   2016-05-26 2024-04-26
QIAGEN N V   2016-05-26 2024-01-31
QIAGEN N V   2016-06-09 2024-01-30
QIAGEN N V   2016-05-26 2024-01-30
REGIONS FINL CO   2011-10-07 2024-04-26
RTX CORP   2018-11-28 2024-04-26
RTX CORP   2009-03-09 2024-04-26
RWE AG ORD ADR   2017-01-04 2024-04-26
SALESFORCE INC   2011-09-06 2024-04-26
SCHNEIDER ELECTRIC S ADR   2016-06-09 2024-04-26
SHISEIDO LTD ADR   2016-06-09 2024-02-09
SHISEIDO LTD ADR   2016-05-26 2024-02-09
SMC ADR   2016-06-09 2024-04-26
SMC ADR   2016-05-26 2024-04-26
SOLVENTUM CORP   2009-03-09 2024-04-26
SOLVENTUM CORP   2009-03-09 2024-04-01
STATE STREET CORP   2009-03-09 2024-02-09
STELLANTIS N V   2016-11-26 2024-10-28
TD AMERITRADE HLDGS   2024-01-16 2024-01-16
THE COCA-COLA CO   2006-01-09 2024-04-26
TOPBUILD CORP   2015-12-18 2024-04-26
U S BANCORP   2009-06-15 2024-04-26
U S BANCORP   2009-04-13 2024-04-26
UNITED PARCEL SRVC B   2009-03-09 2024-04-26
US TREASURY 4.25% 09/30/2024   2022-09-27 2024-05-21
VERTEX PHARMACEUTICA   2010-06-16 2024-04-26
VERTEX PHARMACEUTICA   2009-03-09 2024-04-26
VESTAS WIND SYS AS U ADR   2017-01-04 2024-04-26
W E C ENERGY GROUP I   2009-03-09 2024-02-09
WATERS CORP   2009-03-09 2024-04-26
WELLS FARGO & CO   2011-08-05 2024-10-28
WELLS FARGO & CO   2009-06-15 2024-10-28
WELLS FARGO & CO   2009-04-13 2024-10-28
WHIRLPOOL CORP   2020-04-01 2024-07-10
WHIRLPOOL CORP   2020-04-01 2024-07-10
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-04-03 2024-10-28
WYNN RESORTS LTD   2020-03-18 2024-10-28
WYNN RESORTS LTD   2020-03-18 2024-10-28
XCEL ENERGY INC   2009-03-09 2024-04-26
AIR LIQUIDE-UNSPONSORED ADR     2024-07-19
(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 14,612   5,654 8,958
b 4,286   855 3,431
c 15,816   2,022 13,794
d 15,696   5,171 10,525
e 13,318   4,743 8,575
25,349   3,630 21,719
21,368   7,590 13,778
17,855   5,053 12,802
6,461   2,143 4,318
19,979   5,803 14,176
9,873   1,717 8,156
18,336   3,188 15,148
22,576   5,892 16,684
12,872   2,749 10,123
2     2
17,590   2,339 15,251
24,080   1,538 22,542
19,654   6,618 13,036
5,026   789 4,237
11,065   1,303 9,762
758   92 666
9,246   1,129 8,117
14,675   4,418 10,257
16,613   4,485 12,128
997   322 675
1,938   573 1,365
3,710   2,134 1,576
3,584   1,938 1,646
8,678   4,692 3,986
27,667   8,434 19,233
8,426   3,230 5,196
696   240 456
1,469   449 1,020
4,020   876 3,144
387   85 302
12,677   2,900 9,777
22,188   4,431 17,757
9,176   5,703 3,473
8,906   5,581 3,325
4,421   1,081 3,340
288   113 175
15,667   4,025 11,642
7,401   1,745 5,656
385,592   170,087 215,505
151,299   66,739 84,560
57,238   25,245 31,993
19,079   8,414 10,665
54,185   23,893 30,292
3,055   1,346 1,709
19,095   8,415 10,680
133,662   58,870 74,792
19,095   8,409 10,686
5,347   2,354 2,993
21,419   7,063 14,356
18,607   7,140 11,467
8,344   3,202 5,142
116,813   44,828 71,985
16,688   6,402 10,286
24,864   9,542 15,322
167   64 103
100,125   38,424 61,701
91,781   35,211 56,570
16,688   6,401 10,287
83   32 51
50,063   19,200 30,863
36,629   14,044 22,585
25,031   9,594 15,437
362,369   139,106 223,263
1,502   576 926
216,938   83,278 133,660
24,948   9,574 15,374
556   284 272
334   128 206
1,363   485 878
10,513   2,233 8,280
11,221   3,937 7,284
12,017   4,066 7,951
8,519   2,511 6,008
10,633   2,559 8,074
19,008   2,217 16,791
386,030   200,673 185,357
116,122   60,341 55,781
3,130   1,627 1,503
14,907   7,743 7,164
4,969   2,581 2,388
64,595   33,540 31,055
11,826   6,143 5,683
4,969   2,581 2,388
496,885   176,199 320,686
25,292   5,582 19,710
13,867   4,687 9,180
14,791   5,012 9,779
6,808   5,200 1,608
199,143   152,111 47,032
171,997   131,376 40,621
171,997   140,069 31,928
48,148   39,210 8,938
851   693 158
9,361   7,623 1,738
1,702   1,385 317
851   693 158
88,875   72,377 16,498
56,164   45,672 10,492
4,350   824 3,526
3,346   567 2,779
3,346   478 2,868
4,015   312 3,703
4,065   1,229 2,836
5,614   839 4,775
13,143   5,340 7,803
4,992   4,383 609
2,635   2,240 395
832   514 318
300   173 127
17,102   13,424 3,678
1,739   748 991
1,118   469 649
621   249 372
248   102 146
621   235 386
7,701   2,875 4,826
4,969   1,574 3,395
8,819   3,423 5,396
26,830   10,464 16,366
493   225 268
317   141 176
176   75 101
70   31 39
176   71 105
2,184   864 1,320
1,409   473 936
2,500   1,029 1,471
7,604   3,144 4,460
4,720   2,230 2,490
7,602   3,682 3,920
8,611   3,864 4,747
20,610   6,328 14,282
17,437   3,058 14,379
17,386   2,462 14,924
11,475   5,160 6,315
12,208   5,308 6,900
14,424   2,110 12,314
27,427   2,275 25,152
18,785   2,113 16,672
20,612   4,602 16,010
2,408   590 1,818
13,985   3,932 10,053
13,533   3,912 9,621
13,322   4,138 9,184
14,055   4,181 9,874
386,246   226,160 160,086
103,577   60,627 42,950
22,441   13,135 9,306
33,928   19,852 14,076
33,928   19,845 14,083
14,492   8,474 6,018
48   28 20
9,694   5,665 4,029
29,081   16,992 12,089
9,694   5,666 4,028
24,234   14,150 10,084
14,541   8,484 6,057
394,437   259,357 135,080
4,647   4,069 578
4,755   4,044 711
13,254   4,126 9,128
25,488   6,874 18,614
978   667 311
9,964   7,149 2,815
10,178   7,352 2,826
842   541 301
4,058   2,437 1,621
9,825   5,604 4,221
13,985   6,569 7,416
10,481   3,613 6,868
23,396   6,408 16,988
360   145 215
36,029   14,484 21,545
12,010   4,827 7,183
12,010   4,826 7,184
66,053   26,554 39,499
442,916   178,055 264,861
12,010   4,827 7,183
476,783   191,870 284,913
8,767   3,528 5,239
18,119   3,522 14,597
8,145   4,441 3,704
8,441   4,446 3,995
28   14 14
259     259
269     269
20,463   3,526 16,937
3,962   2,798 1,164
17,067   3,483 13,584
27,524   9,856 17,668
15,335   1,693 13,642
28,696   7,601 21,095
3,576   3,340 236
5,931   5,378 553
10,197   4,964 5,233
10,456   5,004 5,452
2,498   1,019 1,479
49   20 29
13,487   3,278 10,209
17,862   9,979 7,883
4     4
22,566   7,597 14,969
27,258   1,954 25,304
11,048   4,762 6,286
3,476   1,514 1,962
20,023   5,173 14,850
7,969,062   7,991,562 -22,500
18,691   1,648 17,043
9,544   647 8,897
27,346   13,641 13,705
11,736   2,791 8,945
14,911   1,525 13,386
18,627   7,162 11,465
5,444   2,052 3,392
13,905   4,173 9,732
248,944   192,371 56,573
207,813   160,588 47,225
44,791   21,980 22,811
19,732   9,681 10,051
9,866   4,840 5,026
3,946   1,936 2,010
19,732   9,679 10,053
39,463   19,355 20,108
26,934   13,209 13,725
9,866   4,838 5,028
9,866   4,839 5,027
9,866   4,837 5,029
9,866   4,838 5,028
59,392   29,122 30,270
131,314   64,327 66,987
4,242   2,078 2,164
377,070   159,604 217,466
100,613   42,553 58,060
15,256   4,554 10,702
7     7
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       8,958
b       3,431
c       13,794
d       10,525
e       8,575
      21,719
      13,778
      12,802
      4,318
      14,176
      8,156
      15,148
      16,684
      10,123
      2
      15,251
      22,542
      13,036
      4,237
      9,762
      666
      8,117
      10,257
      12,128
      675
      1,365
      1,576
      1,646
      3,986
      19,233
      5,196
      456
      1,020
      3,144
      302
      9,777
      17,757
      3,473
      3,325
      3,340
      175
      11,642
      5,656
      215,505
      84,560
      31,993
      10,665
      30,292
      1,709
      10,680
      74,792
      10,686
      2,993
      14,356
      11,467
      5,142
      71,985
      10,286
      15,322
      103
      61,701
      56,570
      10,287
      51
      30,863
      22,585
      15,437
      223,263
      926
      133,660
      15,374
      272
      206
      878
      8,280
      7,284
      7,951
      6,008
      8,074
      16,791
      185,357
      55,781
      1,503
      7,164
      2,388
      31,055
      5,683
      2,388
      320,686
      19,710
      9,180
      9,779
      1,608
      47,032
      40,621
      31,928
      8,938
      158
      1,738
      317
      158
      16,498
      10,492
      3,526
      2,779
      2,868
      3,703
      2,836
      4,775
      7,803
      609
      395
      318
      127
      3,678
      991
      649
      372
      146
      386
      4,826
      3,395
      5,396
      16,366
      268
      176
      101
      39
      105
      1,320
      936
      1,471
      4,460
      2,490
      3,920
      4,747
      14,282
      14,379
      14,924
      6,315
      6,900
      12,314
      25,152
      16,672
      16,010
      1,818
      10,053
      9,621
      9,184
      9,874
      160,086
      42,950
      9,306
      14,076
      14,083
      6,018
      20
      4,029
      12,089
      4,028
      10,084
      6,057
      135,080
      578
      711
      9,128
      18,614
      311
      2,815
      2,826
      301
      1,621
      4,221
      7,416
      6,868
      16,988
      215
      21,545
      7,183
      7,184
      39,499
      264,861
      7,183
      284,913
      5,239
      14,597
      3,704
      3,995
      14
      259
      269
      16,937
      1,164
      13,584
      17,668
      13,642
      21,095
      236
      553
      5,233
      5,452
      1,479
      29
      10,209
      7,883
      4
      14,969
      25,304
      6,286
      1,962
      14,850
      -22,500
      17,043
      8,897
      13,705
      8,945
      13,386
      11,465
      3,392
      9,732
      56,573
      47,225
      22,811
      10,051
      5,026
      2,010
      10,053
      20,108
      13,725
      5,028
      5,027
      5,029
      5,028
      30,270
      66,987
      2,164
      217,466
      58,060
      10,702
      7
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 4,631,481
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 87,437
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 87,437
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 87,437
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 31,040
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 118,683
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 149,723
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 62,286
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow62,286 Refundedright arrow 11 0
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
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 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 arrowPATRICK HALLORAN Telephone no.right arrow (952) 345-0702

Located atright arrow1595 BOHNS POINT ROADWAYZATAMN ZIP+4right arrow553919309
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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
PATRICK HALLORAN PRESIDENT
12.00 		0 0 0
1595 BOHNS POINT ROAD
WAYZATA,MN553919309
KATHLEEN A HALLORAN SECRETARY/TREASURER
2.00 		0 0 0
1595 BOHNS POINT ROAD
WAYZATA,MN553919309
JOHN E FOLEY DIRECTOR
1.00 		0 0 0
1595 BOHNS POINT ROAD
WAYZATA,MN553919309
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (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
73,337,195
b
Average of monthly cash balances.......................
1b
9,144,005
c
Fair market value of all other assets (see instructions)................
1c
3,361,833
d
Total (add lines 1a, b, and c).........................
1d
85,843,033
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
85,843,033
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,287,645
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
84,555,388
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,227,769
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
4,227,769
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
87,437
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
87,437
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,140,332
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,140,332
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
4,140,332
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,046,946
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
2,046,946
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 4,140,332
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 900,989
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 267,028
b From 2020...... 293,600
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 560,628
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,046,946
a Applied to 2023, but not more than line 2a 900,989
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..... 1,145,957
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 560,628 560,628
(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 .......... 		2,433,747
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).)
PATRICK HALLORAN
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

MAYO CLINIC ROCHESTER

200 FIRST STREET SW
ROCHESTER,MN55905 		  PC SUPPORT FOR PSC BIOBANK AND PSC RESEARCH 461,332

OSLO UNIVERSITY

POSTBOKS 4950
NYDALEN,OLSO  
NO 		  PC EQUIVALENT SUPPORT FOR PSC BIOBANK 352,493

CONSTELLATION FUND

729 N WASHINGTON AVENUE SUITE 600
MINNEAPOLIS,MN55401 		  PC GRANT PROGRAM (4TH INSTALLMENT) 251,605

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK STREET SE SUITE 500
MINNEAPOLIS,MN554552010 		  PC WRESTLING SUPPORT 244,171

SECOND HARVEST HEARTLAND

7101 WINNETKA AVENUE N
BROOKLYN PARK,MN55428 		  PC GENERAL SUPPORT 204,762

PSC PARTNERS SEEKING A CURE

6900 E BELLEVIEW AVE SUITE 202
GREENWOOD VILLAGE,CO80111 		  PC GENERAL SUPPORT 200,552

NOVARTIS INSTITUTE FOR BIOMEDICAL RESEARCH

LICHTSRASSE 35 4056
BASEL,BASEL  
SZ 		  TAXABLE ORGANIZATION PHD FELLOWSHIP SUPPORT 165,945

THE NATURE CONSERVANCY

1101 WEST RIVER PKWY SUITE 200
MINNEAPOLIS,MN55415 		  PC GENERAL SUPPORT 49,428

CHILDREN'S THEATRE COMPANY

2400 THIRD AVENUE SOUTH
MINNEAPOLIS,MN55404 		  PC GENERAL SUPPORT 49,188

TWIN CITIES PUBLIC TELEVISION INC

172 E 4TH STREET
SAINT PAUL,MN55101 		  PC GENERAL SUPPORT 39,435

DUCKS UNLIMITED INC

ONE WATERFOWL WAY
MEMPHIS,TN38120 		  PC LIVING LAKES INITIATIVE 24,815

RIDGEVIEW MEDICAL CENTER

500 S MAPLE STREET
WACONIA,MN553871791 		  PC GENERAL SUPPORT 1,020

RELEASE RECOVERY FOUNDATION

240 W 102ND ST UNIT 31
NEW YORK,NY100254925 		  PC GENERAL SUPPORT 1,000

ANDEAN COMMUNITY PARTNERS

5108 ALDRICH AVE SOUTH
MINNEAPOLIS,MN55419 		  PC GENERAL SUPPORT 500

DELTA WATERFOWL FOUNDATION

1412 BASIN AVE
BISMARCK,ND58504 		  PC GENERAL SUPPORT 500

PSC PARTNERS SEEKING A CURE

6900 E BELLEVIEW AVE SUITE 202
GREENWOOD VILLAGE,CO80111 		  PC GENERAL SUPPORT 200
Total .................................right arrow 3a 2,046,946
bApproved for future payment

SECOND HARVEST HEARTLAND
7101 WINNETKA AVENUE N
BROOKLYN PARK,MN55428 		  PC GENERAL SUPPORT 795,238

MAYO CLINIC ROCHESTER
200 FIRST STREET SW
ROCHESTER,MN55905 		  PC SUPPORT FOR PSC RESEARCH 252,496
Total ................................. right arrow 3b 1,047,734
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 ........... 		    14 55,080  
4 Dividends and interest from securities ....     14 1,593,050  
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 4,631,481  
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 6,279,611 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,279,611
(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

TY 2024 AccountingFeesSchedule
Name:
THE HALLORAN FAMILY FOUNDATION INC
EIN:
46-4342361
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 8,564 8,564   0

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

TY 2024 ExpenditureResponsibilityStmt
Name:
THE HALLORAN FAMILY FOUNDATION INC
EIN:
46-4342361
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
NOVARTIS INSTITUTE FOR BIOMEDICAL RESEARCH
  		LICHTRASSE 35 4056
BASEL    
SZ 		2024-12-20 165,945 TO SUPPORT A PHD-LEVEL SCIENTIST FELLOWSHIP FOCUSED ON PRIMARY SCLEROSING CHOLANGITIS   NO DIVERSION. THE FOUNDATION HAS AGREED TO A REIMBURSEMENT MODEL. 12/16/2024 & 12/27/2024 2024-12-18 NONE.

TY 2024 InvestmentsCorpStockSchedule
Name:
THE HALLORAN FAMILY FOUNDATION INC
EIN:
46-4342361
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 6,738 37,439
ABBVIE INC 5,327 38,383
ACCENTURE PLC 7,432 56,286
AGCO CORP 384,716 830,476
ALBEMARLE CORP 483,200 764,735
ALCOA CORP 69,774 404,926
ALLY FINL INC 288,688 799,674
ALPHABET INC. 5,092 102,222
AMAZON.COM INC 2,616 26,327
AMERICAN EXPRESS CO 314,792 1,385,119
AMGEN INC. 8,429 51,346
APPLE INC 189,551 1,252,100
APPLIED MATERIALS 1,349 25,533
ARCBEST CORP 2,541 32,849
ASML HOLDING N V 3,776 38,055
BANK AMERICA CORP 14,988 86,098
BERKSHIRE HATHAWAY 20,578 121,479
BLACKROCK INC 6,246 41,004
BLACKSTONE INC 319,441 1,531,779
BOOKING HOLDINGS INC 2,884 57,960
BROADCOM INC 382,814 2,976,826
CATERPILLAR INC 3,861 38,815
CINTAS CORP 360,857 1,623,107
COSTCO WHOLESALE CO 6,570 71,469
CUMMINS INC 271,827 928,670
DARDEN RESTAURANTS 412,091 1,990,675
DEERE & CO 1,883 30,930
DELL TECHNOLOGIES INC 366,748 2,559,135
DISCOVER FINL S 239,849 1,538,975
DUPONT DE NEMOURS INC IA 2,921 24,716
FEDEX CORP 879,676 2,528,875
FERRARI N V 24,178 153,367
GENERAL DYNAMICS CO 3,850 27,930
GOLDMAN SACHS GROUP 856,603 2,607,711
HILTON WORLDWIDE HLD 515,337 2,195,769
INTUIT INC 6,236 89,876
JPMORGAN CHASE & CO 12,443 94,925
KKR & CO INC 908,759 6,569,275
LILLY ELI & CO 5,764 131,240
LINCOLN ELEC HLDGS 1,936 27,371
LIVE NATION ENTRTMNT 262,344 1,150,478
LOUISIANA PACIFIC CO 2,347 46,287
LOWES COMPANIES INC 285,496 1,096,286
MARATHON PETROLEUM CORP 683,624 3,947,990
MARRIOTT INTL INC 235,699 1,239,051
MASTERCARD INC 5,127 47,391
MCDONALDS CORP 5,730 47,832
MERCEDES-BENZ GROUP 581,531 1,227,562
META PLATFORMS INC 719,360 2,600,835
MICROSOFT CORP 648,599 1,872,303
MORGAN STANLEY 514,370 1,719,598
NETFLIX INC 7,259 81,110
O REILLY AUTOMOTIVE 341,012 1,579,486
OCCIDENTAL PETROLEUM CORP 942,753 3,408,895
ONEOK INC 463,153 2,229,583
ORACLE CORP 10,230 132,146
OWENS CORNING 306,875 1,513,123
PATTERSON-UTI ENERGY 188,790 933,454
QUALCOMM INC 6,900 32,107
QUANTA SERVICES INC 3,305 70,479
ROYAL CARIBBEAN GROUP 436,483 3,073,483
SHELL PLC - ADR 258,733 834,686
STRYKER CORP 4,806 55,448
TARGET CORP 5,026 26,766
TRAVELERS COMPANIES 5,387 36,134
UNION PACIFIC CORP 7,074 32,838
UNITED RENTALS INC 247,984 2,833,258
US FOODS HOLDING CORP 195,448 898,770
WALMART INC 19,161 113,570

TY 2024 InvestmentsOtherSchedule2
Name:
THE HALLORAN FAMILY FOUNDATION INC
EIN:
46-4342361
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENT IN HOPLON FMV 11,477,918 13,359,998

TY 2024 OtherAssetsSchedule
Name:
THE HALLORAN FAMILY FOUNDATION INC
EIN:
46-4342361
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PUBLIC STORAGE; PSA 3,522 0 0
SIMON PPTY GROUP: SPG 279,401 279,401 764,957


TY 2024 OtherIncreasesSchedule
Name:
THE HALLORAN FAMILY FOUNDATION INC
EIN:
46-4342361
Description Amount
DIFFERENCE BETWEEN FMV AND COST OF STOCK DONATIONS 1,424,085
OTHER ADJUSTMENT 157,602


TY 2024 OtherProfessionalFeesSchedule
Name:
THE HALLORAN FAMILY FOUNDATION INC
EIN:
46-4342361
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 55,969 55,969   0


TY 2024 TaxesSchedule
Name:
THE HALLORAN FAMILY FOUNDATION INC
EIN:
46-4342361
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL INCOME TAX 27,661 0   0
FOREIGN TAXES PAID 45,413 45,413   0
REGISTRATION FEE 25 25   0