TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024

Name of foundation
C K BLANDIN RESIDUARY TRUST
C/O WELLS FARGO BANK NA

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 505 MAC H0006-092
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SAINT LOUIS, MO63166

A Employer identification number

41-6012374

B Telephone number (see instructions)

(336) 776-0366

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$445,517,467J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	12,326,300		7,228,305
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		7,814,806
b	Gross sales price for all assets on line 6a 147,910,256
7	Capital gain net income (from Part IV, line 2)...			11,542,881
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).......	List of Attached Documents: // Content	90,995	6,856,439
12	Total. Add lines 1 through 11........	20,232,101		25,627,625
13	Compensation of officers, directors, trustees, etc.	1,412,917		1,224,959	187,958
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	119,273	0	119,273
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	140,081	2,500	137,581
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	670,054	670,054	0
17	Interest...............	325		0	0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	638,053	405,849	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	68,810	28,023	25
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	3,049,513		2,331,385	444,837
25	Contributions, gifts, grants paid.......	20,200,000			20,200,000
26	Total expenses and disbursements. Add lines 24 and 25	23,249,513		2,331,385	20,644,837
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-3,017,412
b	Net investment income (if negative, enter -0-)			23,296,240
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	11,032,074	15,854,215	15,854,215
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	30,795,906	List of Attached Documents: // Content 37,070,608	35,324,726
	b	Investments—corporate stock (attach schedule).......	156,486,459	List of Attached Documents: // Content 121,551,895	180,647,343
	c	Investments—corporate bonds (attach schedule).......	14,880,516	List of Attached Documents: // Content 28,903,904	28,427,279
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	172,502,614	List of Attached Documents: // Content 178,950,552	185,263,904
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	385,697,569	382,331,174	445,517,467
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	385,697,569	382,331,174
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	385,697,569	382,331,174
	30	Total liabilities and net assets/fund balances (see instructions).	385,697,569	382,331,174

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

385,697,569

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

-3,017,412

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

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

382,680,157

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

348,983

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

382,331,174

Form 990-PF (2024)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES	P
b	FLOW-THROUGH FROM PARTNERSHIPS	P	2023-01-01	2024-12-31
c	EURO SPOT	P	2023-01-01	2024-12-31
d	DISTRIBUTION IN EXCESS OF BASIS - EUROPEAN STRATEGIC PARTNERS II 'B', LP	P	2023-01-01	2024-12-31
e	DISTRIBUTION IN EXCESS OF BASIS - OAKTREE MEZZANINE FUND III, LP	P	2023-01-01	2024-12-31
	LOSS ON DISPOSITION OF INVESTMENT - AIV L DEE III B K-1	P	2023-01-01	2024-12-31
	LOSS ON DISPOSITION OF INVESTMENT - NORTHSTAR MEZZAZINE PARTNERS V L.P.	P	2023-01-01	2024-12-31
	LOSS ON DISPOSITION OF INVESTMENT - MREP INTL II LP	P	2023-01-01	2024-12-31
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	143,612,123	135,801,506	7,810,617
b	4,085,720		4,085,720
c	199,793	199,425	368
d			110
e			365
			-137
			-142,048
			-224,734
	12,620		12,620

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			7,810,617
b			4,085,720
c			368
d			110
e			365
			-137
			-142,048
			-224,734
			12,620

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	11,542,881
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	323,818
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	323,818
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	323,818
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	648,805
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	450,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	1,098,805
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	774,987
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax774,987	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

Yes

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

Yes

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address right arrow

N/A

The books are in care of right arrow

WELLS FARGO BANK NA Telephone no. right arrow

(336) 776-0366

Located at right arrow

100 N MAIN STREETWINSTONSALEMNC ZIP+4 right arrow

27101

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 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)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

Yes

(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)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2024? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 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.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

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)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

Yes

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

List of Attached Documents:

// Content

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
WELLS FARGO BANK NA	TRUSTEE 1.00	1,354,584
100 N MAIN STREET WINSTONSALEM,NC27101	TRUSTEE 1.00	1,354,584
JIM HOOLIHAN	TRUSTEE 4.25	58,333
917 NW 4TH AVE GRAND RAPIDS,MN55744	TRUSTEE 4.25	58,333

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (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
EDGEWOOD MANAGEMENT LLC	INVESTMENT MANAGER	218,085
535 MADISON AVE 15TH FLR NEW YORK,NY10022	INVESTMENT MANAGER	218,085
COHO PARTNERS LTD	INVESTMENT MANAGER	164,748
300 BERWYN PARK 801 CASSATT ROAD SUITE 100 BERWYN,PA19312	INVESTMENT MANAGER	164,748
RSM US LLP	ACCOUNTING SERVICES	140,081
227 W 1ST ST STE 700 DULUTH,MN55802	ACCOUNTING SERVICES	140,081
TAFT STETTINIUS & HOLLISTER LLP	LEGAL SERVICES	119,273
2200 IDS CENTER 80 SOUTH EIGHTH STREET MINNEAPOLIS,MN55402	LEGAL SERVICES	119,273
KAYNE ANDERSON RUDNICK	INVESTMENT MANAGER	110,880
2000 AVENUE OF THE STARS SUITE 1110 LOS ANGELES,CA90067	INVESTMENT MANAGER	110,880

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

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2024)

Page 8

Part IX

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

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

purposes:

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

449,020,109

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

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

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

449,020,109

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

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

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

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

449,020,109

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

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

6,735,302

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

442,284,807

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

22,114,240

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

22,114,240

Tax on investment income for 2024 from Part V, line 5 .......

323,818

Income tax for 2024. (This does not include the tax from Part V.) ...

188,433

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

512,251

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

21,601,989

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

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

21,601,989

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

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

21,601,989

Part XI

Qualifying Distributions (see instructions)

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

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

20,644,837

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

20,644,837

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					21,601,989
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2024:
a From 2019......
b From 2020......
c From 2021......
d From 2022......	1,523,855
e From 2023......
f Total of lines 3a through e ........		1,523,855
4Qualifying distributions for 2024 from Part
XI, line 4: $ 20,644,837
a Applied to 2023, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2024 distributable amount.....					20,644,837
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2024.		957,152			957,152
(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		566,703
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		566,703
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....	566,703
d Excess from 2023....
e Excess from 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 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

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)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
C K BLANDIN FOUNDATION 100 N POKEGAMA AVENUE GRAND RAPIDS,MN55744	N/A	PF	TO SUPPORT DIRECT CHARITABLE ACTIVITIES, GRANTMAKING, AND SCHOLARSHIPS	20,200,000
Total ................................. 3a				20,200,000

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	12,326,300
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 .....			01	268
8 Gain or (loss) from sales of assets other than inventory ............			18	7,814,806
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aSTATE TAX REFUNDS			01	26,097
bFEDERAL TAX REFUNDS			01	64,630
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		20,232,101	0

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

20,232,101

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2024)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	140,081	2,500		137,581

- TIN:

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

TY 2024 ExpenditureResponsibilityStmt

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

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
C K BLANDIN FOUNDATION	100 N POKEGAMA AVENUE GRAND RAPIDS,MN55744	2023-12-31	19,100,000	FOR THE GENERAL SUPPORT OF THE C. K. BLANDIN FOUNDATION	19,100,000	NONE	8/9/24		THE TRUSTEES OF THE BLANDIN RESIDUARY TRUST ARE ROUTINELY GIVEN COPIES OF THE FINANCIAL REPORTS OF THE BLANDIN FOUNDATION EXPENDITURES. TO THE KNOWLEDGE OF THIS TRUST'S TRUSTEES, AND BASED ON THE INFORMATION AVAILABLE TO THEM, NO PORTION OF THE GRANTS MADE HAVE BEEN USED FOR OTHER THAN THE INTENDED PURPOSES OF THE GRANT. IN ADDITION, THE FOUNDATION HAS PROVIDED DETAILED REPORTS OF THE AMOUNTS THE FOUNDATION EXPENDED IN THE SUCCESSIVE YEAR AS QUALIFYING DISTRIBUTIONS VIA GRANTS PAID OUT AND ADMINISTRATIVE EXPENSES, AND THE TOTAL AMOUNT IN THE FOUNDATION'S CORPUS AS OF THE BEGINNING OF THE SUCCESSIVE YEAR FROM THE FIVE YEARS PRIOR TO THE SUCCESSIVE YEAR. THE DETAILED REPORTS OF THE GRANTS AND SCHOLARSHIPS PAID INCLUDE THE REPORTING NAME AND ADDRESSES OF GRANTEES, AND THE DATE EACH GRANT WAS DISBURSED.
C K BLANDIN FOUNDATION	100 N POKEGAMA AVENUE GRAND RAPIDS,MN55744	2024-12-31	20,200,000	FOR THE GENERAL SUPPORT OF THE C. K. BLANDIN FOUNDATION	20,200,000	NONE	8/25/25		THE TRUSTEES OF THE BLANDIN RESIDUARY TRUST ARE ROUTINELY GIVEN COPIES OF THE FINANCIAL REPORTS OF THE BLANDIN FOUNDATION EXPENDITURES. TO THE KNOWLEDGE OF THIS TRUST'S TRUSTEES, AND BASED ON THE INFORMATION AVAILABLE TO THEM, NO PORTION OF THE GRANTS MADE HAVE BEEN USED FOR OTHER THAN THE INTENDED PURPOSES OF THE GRANT. IN ADDITION, THE FOUNDATION HAS PROVIDED DETAILED REPORTS OF THE AMOUNTS THE FOUNDATION EXPENDED IN THE SUCCESSIVE YEAR AS QUALIFYING DISTRIBUTIONS VIA GRANTS PAID OUT AND ADMINISTRATIVE EXPENSES, AND THE TOTAL AMOUNT IN THE FOUNDATION'S CORPUS AS OF THE BEGINNING OF THE SUCCESSIVE YEAR FROM THE FIVE YEARS PRIOR TO THE SUCCESSIVE YEAR. THE DETAILED REPORTS OF THE GRANTS AND SCHOLARSHIPS PAID INCLUDE THE REPORTING NAME AND ADDRESSES OF GRANTEES, AND THE DATE EACH GRANT WAS DISBURSED.

- TIN:

TY 2024 GeneralExplanationAttachment

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Identifier	Return Reference	Explanation
TRUSTEE COMPENSATION	FORM 990-PF, PART VII, LINE 1	THE CORPORATE TRUSTEE'S COMPENSTATION REPORTED IN COLUMN (C) IS CALCULATED BASED ON PERIODIC MARKET VALUES AND/OR THE APPLIABLE FEE ARRANGEMENT. IT IS NOT DETERMINDED ON AN HOURLY BASIS AND THE REFERENCE TO ONE HOUR PER WEEK IS A PLACEHOLDER ONLY. CORPORATE TRUSTEE SERVICES INCULDE, BUT ARE NOT LIMITED TO, ADMINISTRATIVE SERVICES SUCH AS FIDUCIARY ACCOUNTING, CUSTODY OF ASSETS, COMPLYING WITH TAX FILING REQUIREMENTS, COMPLYING WITH DISTRIBUTION PROVISIONS AND COMPLYING WITH FEDERAL AND STATE LAW APPLICABLE TO PRIVATE FOUNDATIONS, PLUS ASSET MANAGEMENT SERVICES SUCH AS CREATING ASSET ALLOCATION STRATEGIES, INVESTMENTS REPORTING, AND REALLOCATING AND REBALANCING OF PROFOLIOS AS NECESSARY.

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC 5.050% 3/15/34	592,614	592,788
AMAZON.COM INC 4.700% 12/01/32	189,088	198,820
AMERICAN INTERNATION 5.125% 3/27/33	619,968	592,548
AMGEN INC 5.150% 3/02/28	450,302	453,276
AT&T INC 5.400% 2/15/34	429,735	426,700
BENCHMARK MORTGAGE 5.6019% 8/15/57	1,023,242	1,016,514
BLACKROCK INC 4.750% 5/25/33	585,960	587,520
BP CAP MARKETS AMERI 2.939% 6/04/51	369,177	340,505
CAPITAL ONE FINANCIA 3.750% 3/09/27	618,891	571,153
COMCAST CORP 4.150% 10/15/28	187,666	195,046
CVS HEALTH CORP 5.125% 2/21/30	451,953	440,528
DISCOVER CARD EXECUT 3.560% 7/15/27	708,988	731,256
DUKE ENERGY CORP 2.550% 6/15/31	850,811	789,756
DUKE ENERGY CORP 4.500% 8/15/32	578,922	571,578
ELEVANCE HEALTH INC 5.200% 2/15/35	599,670	585,978
EXXON MOBIL CORPORAT 4.114% 3/01/46	348,381	365,000
FIFTH THIRD BANCORP 2.375% 1/28/25	635,635	648,739
HCP INC 3.500% 7/15/29	859,363	804,668
JOHN DEERE CAPITAL 5.100% 4/11/34	599,046	598,968
KEURIG DR PEPPER INC 5.300% 3/15/34	465,516	449,163
LOCKHEED MARTIN CORP 5.700% 11/15/54	541,585	509,270
MCKESSON CORP 5.100% 7/15/33	445,923	447,575
META PLATFORMS INC 5.600% 5/15/53	565,494	549,863
MORGAN STANLEY 4.300% 1/27/45	570,297	535,782
NASDAQ INC 3.950% 3/07/52	335,940	295,936
NEXTERA ENERGY CAPIT 1.875% 1/15/27	588,181	590,556
NORTHROP GRUMMAN COR 4.950% 3/15/53	588,218	580,879
PFIZER INVESTMENT EN 4.750% 5/19/33	435,785	437,256
PRINCIPAL PREFERRED SEC-R6 #8200	5,856,722	5,775,997
QUEST DIAGNOSTICS IN 6.400% 11/30/33	482,405	481,851
SOUTHERN CO 3.250% 7/01/26	733,785	734,543
SYNCHRONY CARD ISSUA 5.540% 7/15/29	650,575	648,876
TORONTO-DOMINION BAN 4.108% 6/08/27	484,525	491,770
TOYOTA MOTOR CREDIT 5.550% 11/20/30	517,785	515,320
UBS COMMERCIAL MORTG 3.301% 10/15/50	835,083	736,348
UNITEDHEALTH GROUP 5.375% 4/15/54	592,530	562,710
VERIZON COMMUNICATIO 3.150% 3/22/30	719,968	732,560
VIRGINIA ELEC & POWE 3.150% 1/15/26	802,688	788,064
VR BANK OF AMERICA 2.687% 4/22/32	554,083	601,713
VR GOLDMAN SACHS GRO 4.482% 8/23/28	685,097	691,901
VR GS MORTGAGE SECUR 4.466% 10/10/48	163,734	127,431
VR JPMORGAN CHASE 2.739% 10/15/30	588,573	630,574

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS	731,298	844,932
ACUSHNET HOLDINGS CORP	809,406	1,290,244
ADOBE INC	1,339,421	1,243,770
ADYEN NV-UNSPON ADR	161,727	315,762
AIA GROUP LTD-SP ADR	343,413	290,131
AIR LIQUIDE - ADR	165,006	245,036
AIR PRODS & CHEMS INC COM	628,244	804,281
AIRBNB INC	1,029,875	1,143,793
ALCON INC	272,187	354,840
ALFA LAVAL AB-UNSPON ADR	243,559	345,322
ALLIANZ SE - UNSP ADR	605,146	848,340
AMBEV SA-SPN ADR	251,419	201,615
AMGEN INC	764,020	921,362
ARTISAN PARTNERS ASSET MANAGEM	594,972	732,926
ASML HOLDING NV-NY REG SHS	1,531,415	1,546,955
ASPEN TECHNOLOGY INC	409,844	599,362
ASSA ABLOY AB-UNSP ADR	200,630	261,590
ATLAS COPCO AB ADR	140,144	364,287
AUTOZONE INC	974,161	995,822
BANCFIRST CORP	468,171	657,731
BANCO BILBAO VIZCAYA ARGENT- ADR	327,334	475,687
BAXTER INTL INC	641,866	489,626
BERKLEY W R CORP	990,500	1,012,455
BHP GROUP LTD-SPON ADR	341,886	324,524
BLACKSTONE INC	646,145	1,242,976
CANADIAN NATL RR CO COM	181,015	193,884
CENCORA INC	745,827	1,363,583
CHEVRON CORP	634,504	891,490
CHIPOTLE MEXICAN GRILL INC	424,184	817,668
CHUGAI PHARMACEUTIC-UNSP ADR	352,133	640,513
CLEARWATER ANALYTICS HLDGS INC	484,181	729,885
COCA COLA CO	587,105	678,323
COLOPLAST A/S-SPONSORED ADR	222,724	190,202
CONSTELLATION BRANDS INC	960,227	830,297
COPART INC COM	937,110	937,638
CORVEL CORP	848,755	1,639,861
CREDICORP LTD	192,996	252,615
DAIFUKU CO LTD - UNSP ADR	186,865	200,984
DANAHER CORP	1,021,311	946,435
DASSAULT SYSTEMES S.A. - ADR	536,036	527,380
DBS GROUP HOLDINGS LIMITED - ADR	546,166	1,014,333
DISCO CORP- UNSPONSORED ADR	261,265	263,309
DONALDSON CO INC	239,224	325,166
ELI LILLY & CO COM	812,053	1,357,948
EMCOR GROUP INC COM	376,801	1,489,246
ENN ENERGY HOLDINGS-UNSP ADR	296,630	306,477
EPIROC AB-UNSP ADR	200,124	289,443
FACTSET RESH SYS INC COM	646,857	831,365
FIRST HAWAIIAN INC	902,232	891,824
FOMENTO ECONOMICO MEX-SP ADR	423,117	454,550
FTI CONSULTING INC COM	1,218,403	1,669,329
GENMAB A/S -SP ADR	176,108	168,254
GLOBAL PMTS INC W/I	788,873	848,294
GQG PART EMERG MKTS EQ-INST	18,316,633	19,342,315
GRACO INC	782,059	1,012,070
GRAINGER W W INC	383,985	986,591
GRUPO FIN BANORTE-SPON ADR	222,945	183,323
HAIER SMART HOME CO LTD ADR	237,740	281,190
HALEON PLC ADR	545,899	624,422
HDFC BANK LTD. - ADR	654,006	693,456
HENRY JACK & ASSOC INC COM	351,785	395,477
INFINEON TECHNOLOGIES AG - ADR	358,452	599,177
INTUIT COM	762,821	1,022,570
INTUITIVE SURGICAL INC	557,124	1,003,207
JOHNSON & JOHNSON	1,123,591	987,032
K.FORCE, INC.	358,582	329,597
KADANT INC	778,420	1,177,451
KEURIG DR PEPPER INC	1,107,191	1,042,615
KOMATSU LIMITED - ADR	226,214	292,105
LANDSTAR SYS INC COM	1,143,024	1,203,536
LCI INDUSTRIES	596,136	534,940
LOREAL - ADR	399,450	466,537
LOWES COS INC	1,093,869	1,321,120
LUKOIL PJSC-SPON ADR	298,334	0
LULULEMON ATHLETICA INC	718,995	787,382
MANHATTAN ASSOCIATES, INC COM	441,078	899,088
MANULIFE FINANCIAL CORP	376,217	652,680
MARSH & MCLENNAN COS INC	820,164	1,110,692
MEDTRONIC PLC	978,270	941,306
MERCADOLIBRE INC	324,682	340,088
MICROCHIP TECHNOLOGY INC COM	1,251,208	948,569
MICROSOFT CORP	1,022,627	1,355,966
MOELIS & CO	731,269	1,250,641
MONDELEZ INTERNATIONAL INC	987,816	968,761
MSCI INC	731,808	841,814
NESTLE S.A. REGISTERED SHARES - ADR	522,231	427,536
NETFLIX INC	629,194	1,745,205
NEW LINDE PLC	145,818	320,701
NOVONESIS (NOVOZYMES) B ADR	160,033	171,712
NVIDIA CORP	351,633	1,543,126
PHILIP MORRIS INTERNATIONAL IN	850,942	1,021,531
PING AN INSURANCE-ADR	145,499	142,776
PRIMERICA INC	911,245	1,894,512
PT TELEKOMUNIKASI INDONESIA TB - ADR	227,411	217,222
RBC BEARINGS INC	584,441	1,022,461
RIGHTMOVE PLC-UNSP ADR	880,409	880,953
RIO TINTO PLC - ADR	310,229	332,453
RLI CORP COM	428,629	702,835
ROCHE HOLDINGS LTD - ADR	478,478	523,932
ROSS STORES INC	1,094,162	1,519,053
ROYAL DUTCH SHELL PLC ADR	595,410	624,057
S&P GLOBAL INC	1,052,012	1,253,542
SAP SE ADR	322,484	673,631
SCHNEIDER ELECTRIC SE - ADR	210,984	560,485
SERVICE CORP INTL	911,051	1,059,451
SERVICENOW INC	459,671	998,633
SHIMANO INC-UNSPON ADR	176,124	149,214
SHIONOGI & CO LTD-UNSPON ADR	208,300	195,859
SIMPSON MFG INC COM	1,195,744	1,894,774
SONOVA HOLDIN-UNSPON ADR	150,878	232,648
SONY GROUP CORP - SP ADR	459,062	538,205
STATE STREET CORP	630,014	718,949
SYMRISE AG ADR	249,473	268,458
SYNOPSYS INC COM	1,113,780	1,038,670
SYSCO CORP	1,382,500	1,325,740
SYSMEX CORP-UNSPON ADR	528,225	457,585
TAIWAN SEMICONDUCTOR MANUFACTU - ADR	183,919	877,646
TECHTRONIC INDUSTRIES COMPANY - ADR	248,746	218,744
TENCENT HOLDINGS LTD-UNS ADR	388,580	451,126
THERMO FISHER SCIENTIFIC INC	1,348,733	1,273,523
TORO CO	1,493,345	1,377,079
TRADE DESK INC/THE	594,587	743,847
UFP INDUSTRIES INC	820,358	937,586
UNI CHARM CORPORATION ADR	262,332	150,452
UNITED PARCEL SERVICE-CL B	908,034	774,254
UNITEDHEALTH GROUP INC	1,299,382	1,545,908
US BANCORP	1,023,946	1,078,567
VANGUARD 500 INDEX FD- ADM #540	8,597,161	41,938,784
VANGUARD FTSE DEVELOPED ETF	14,323,936	17,946,750
VERTEX PHARMACEUTICALS INC COM	913,401	799,360
VISA INC-CLASS A SHRS	1,017,486	1,469,270
WALT DISNEY CO	1,151,884	1,279,077
WATTS WATER TECHNOLOGIES INC	921,517	1,242,163
ZTO EXPRESS CAYMAN INC-ADR	191,473	187,915

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

US Government Securities - End of Year Book Value:

36,810,608

US Government Securities - End of Year Fair Market Value:

35,090,979

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

260,000

State & Local Government Securities - End of Year Fair Market Value:

233,747

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ABRDN BLOOMBERG ALL COMMODIT ETF	AT COST	15,228,114	14,790,321
APOLLO NATURAL RESOURCES PARTNERS II	AT COST	588,994	588,994
ARROWMARK GLOBAL OPP FD III CL B LTD	AT COST	1,929,287	1,929,287
ARROWMARK GLOBAL OPP II CLASS B LTD	AT COST	379,615	379,615
BAKER COMMUNICATIONS FUND II LP	AT COST	1	1
BLACKSTONE REAL ESTATE INCOME TRUST	AT COST	5,500,000	5,343,230
BLUE VISTA RE PARTNERS IV (TE) LP	AT COST	648,416	648,416
BLUE VISTA RE PARTNERS V (TE)	AT COST	1,654,627	1,654,627
BROOKFIELD STRAT RE PRT IV ICAP OFFS	AT COST	1,437,900	1,437,900
CERBERUS GLBL NPL FEEDER FUND	AT COST	1,742,357	1,742,357
CIP VI INSTITUTIONAL FEEDER LP	AT COST	2,710,574	2,710,574
DBL PARTNERS III LP	AT COST	4,758,871	4,758,871
DBL PARTNERS IV	AT COST	1,575,940	1,575,940
DRA GROWTH & INCOME FD VII LLC	AT COST	2,021	2,021
DRA GROWTH AND INCOME FUND VIII LLC	AT COST	409,008	409,008
EIG ENERGY FUND XV LP	AT COST	120,683	120,683
ENERGY CAP MEZZANINE OPPORT FD B	AT COST	98,936	98,936
EUROPEAN BUY-OUT OPP II, LP	AT COST	9,082	9,082
EUROPEAN STRATEGIC PTNRS II 'B'	AT COST	1	1
FLEXICAT REINSURANCE PARTNERS LP	AT COST	56,082	71,285
FRANCISCO PARTNERS IV-A	AT COST	1,648,114	1,648,114
FRANCISCO PARTNERS V-B LP	AT COST	2,478,966	2,478,966
FRANCISCO PARTNERS VI-B LP	AT COST	2,203,352	2,203,352
FRAZIER HLTHCARE GROWTH BUYOUT IX PV	AT COST	2,646,820	2,646,820
GLOBAL TIMBER INVESTORS 10	AT COST	1,451,558	1,451,558
HARBERT EUROPEAN RE FD V (SCOTLAND)	AT COST	690,825	690,825
HIG BAYSIDE LOAN OPP FEEDER FD VI LP	AT COST	1,187,206	1,187,206
ICAP-KKR GBL IMPACT II INTL ACC LP	AT COST	694,354	694,354
INDUSTRY VENTURES PRTN HLDG VI LP	AT COST	1,170,654	1,170,654
INDUSTRY VENTURES PRTNRS HLDGS V	AT COST	4,395,153	4,395,153
INDUSTRY VENTURES TECH BUYOUT	AT COST	4,008,681	4,008,681
INST VENTURE PARTNERS XVII LP	AT COST	2,027,513	2,027,513
INSTITUTIONAL VENTURE PARTNERS XIV	AT COST	511,801	511,801
INSTITUTIONAL VENTURE PARTNERS XV LP	AT COST	2,664,672	2,664,672
INSTITUTIONAL VENTURE PRTNRS XVI	AT COST	2,437,041	2,437,041
KINDERHOOK CAPITAL FUND II LP	AT COST	8,084	8,084
KSL CAPITAL PARTNERS V TE	AT COST	2,220,924	2,220,924
LONE STAR FUND VIII (US) LP	AT COST	147,748	147,748
LSV INTL CONCENTRATED EQUITY LP	AT COST	19,133,606	22,450,913
LYME FOREST FD IV TE LP	AT COST	1,323,888	1,323,888
LYME FOREST FUND V FB TAX-EXEMPT LP	AT COST	4,287,039	4,287,039
MERCED PARTNERS IV LP	AT COST	120,386	120,386
METROPOLITAN RE PTNRS INT'L II	AT COST	1	1
MINERVA NETWORKS INC SER AD PREFCH	AT COST	57,442	40,960
MINERVA NETWORKS INC SER AV PREFCH	AT COST	16,034	13,362
NGP NATURAL RESOURCES X, LP	AT COST	174,894	174,894
NGP NATURAL RESOURCES XI LP	AT COST	1,545,621	1,545,621
NORTH BRIDGE VENTURE PTNRS IV	AT COST	137,495	137,495
NORTH BRIDGE VENTURE PTNRS IV- A	AT COST	71,870	71,870
NORTH BRIDGE VENTURE PTNRS V	AT COST	385,858	385,858
NORTH BRIDGE VENTURE PTNRS V-A	AT COST	59,003	59,003
NORTH BRIDGE VENTURE PTNRS VI	AT COST	404,748	404,748
NORTH BRIDGE VENTURE PTNRS VII	AT COST	471,240	471,240
NORTHSTAR MEZZANINE PTNRS V	AT COST	24,733	24,733
NUVEEN GLOBAL CITIES REIT	AT COST	5,500,000	5,326,412
NWFNDLND TERRANOVA HARVESTING CL F	AT COST	493,827	465,636
OAKTREE MEZZANINE FUND III LP	AT COST	542	542
OCTAGON XAI CLO INCOME FUND	AT COST	5,000,000	5,000,000
ORBIMED ASIA PARTNERS III LP	AT COST	4,729,779	4,729,779
ORBIMED ASIA PARTNERS IV	AT COST	2,116,732	2,116,732
PORT ADV SECONDARY FD IV (OFFSHORE)	AT COST	2,458,930	2,458,930
PORTFOLIO ADV SECONDARY II OFFSHORE	AT COST	127,221	127,221
PORTFOLIO ADV SECONDARY III OFFSHORE	AT COST	2,026,542	2,026,542
PORTFOLIO ADVISORS PRIV EQ III	AT COST	29,062	29,062
PORTFOLIO ADVISORS SECONDARY FD	AT COST	4,770	4,770
PRIME FINANCE SHORT DUR VI	AT COST	443,718	443,718
RESOURCE CAPITAL FUND VII LP	AT COST	2,852,469	2,852,469
ROSE GROVE HENLEY CAYMAN FUND LTD	AT COST	1,500,000	1,507,223
ROSE GROVE OFFSHORE FD I LTD	AT COST	4,000,000	5,467,524
SPF SECURITIZED PRODUCTS FUND LTD	AT COST	6,100,000	8,935,390
STARWOOD REIT	AT COST	5,500,000	4,985,429
STERLING INVESTMENT PARTNERS III LP	AT COST	814,055	814,055
STERLING INVESTMENT PARTNERS IV	AT COST	1,639,460	1,639,460
STRATEGIC PARTNERS FD OFFSHORE VIII	AT COST	1,860,179	1,860,179
STRATEGIC PARTNERS OFFSHORE FD VII	AT COST	1,322,799	1,322,799
TCV VII LP	AT COST	37,198	37,198
TOOLE CO., MONTANA, UNK RI	AT COST	1	773
TRAILHEAD FUND, LP	AT COST	22,786	22,786
US VENTURE PARTNERS IX LP	AT COST	32,900	32,900
US VENTURE PARTNERS X, LP	AT COST	243,721	243,721
VARDE EUROPEAN REAL ESTATE FEEDER FD	AT COST	226,278	226,278
WALLEYE OPP FUND LTD SERIES 1224	AT COST	15,000,000	15,000,000
WCP REAL ESTATE FUND III LP	AT COST	209,750	209,750
WMA SEALS OFFSHORE FUND ICAPITAL LTD	AT COST	15,000,000	15,000,000

- TIN:

TY 2024 LegalFeesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL	119,273	0		119,273

- TIN:

TY 2024 OtherDecreasesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Description	Amount
CARRYING VALUE ADJUSTMENTS	348,983

- TIN:

TY 2024 OtherExpensesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
INVESTMENT FEES	28,023	28,023	0
MISCELLANEOUS EXPENSES	113	0	0
MN AG FILING FEE	25	0	25
INSURANCE	37,290	0	0
FL TAX PENALTIES	3,359	0	0

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ROYALTY INCOME - SOMONT	268	0	268
PARTNERSHIP INCOME - UBI		-443,562
PARTNERSHIP INCOME		7,300,001
STATE TAX REFUNDS	26,097		26,097
FEDERAL TAX REFUNDS	64,630		64,630

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income
INVESTMENT MANAGEMENT FEES - EDGEWOOD MGMT LLC	218,085	218,085
INVESTMENT MANAGEMENT FEES - KAYNE ANDERSON RUDNIK	110,880	110,880
CONSULTANT FEES - DEMARCHE	87,869	87,869
INVESTMENT MANAGEMENT FEES - HARDING LOEVNER LP	88,472	88,472
INVESTMENT MANAGEMENT FEES - COHO PARNTER LTP	164,748	164,748

- TIN:

TY 2024 TaxesSchedule

Name:

C K BLANDIN RESIDUARY TRUST

C/O WELLS FARGO BANK NA

EIN:

41-6012374

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	89,012	405,849		0
FEDERAL AND STATE TAXES	549,041	0		0