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
KAHR FOUNDATION-IMA
 
Number and street (or P.O. box number if mail is not delivered to street address)4305 TRILLIUM WAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNETRISTA, MN553647708
A Employer identification number

43-2093439
B Telephone number (see instructions)

(888) 730-4933
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$79,901,096J 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) 447,456
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,578,113 1,530,421  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,308,711
b Gross sales price for all assets on line 6a 10,527,430
7 Capital gain net income (from Part IV, line 2)... 1,308,711
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
543 543  
12 Total. Add lines 1 through 11........ 3,334,823 2,839,675  
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)......... Click to see attachment
List of Attached Documents:
// Content
18,313 9,156   9,157
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,020 1,510   1,510
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
202,388 202,388   0
17 Interest............... 145 145   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
30,230 30,165   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,835 0   3,835
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
206,825 205,897   928
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 464,756 449,261   15,430
25 Contributions, gifts, grants paid....... 12,687,866 12,687,866
26 Total expenses and disbursements. Add lines 24 and 25 13,152,622 449,261   12,703,296
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -9,817,799
b Net investment income (if negative, enter -0-) 2,390,414
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............. 332,619 313,302 313,302
2 Savings and temporary cash investments......... 770,908 1,055,493 1,055,493
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) 1,808,954 Click to see attachment
List of Attached Documents:
// Content
331,527 		325,139
b Investments—corporate stock (attach schedule)....... 18,595,062 Click to see attachment
List of Attached Documents:
// Content
18,670,313 		56,103,248
c Investments—corporate bonds (attach schedule)....... 2,465,519 Click to see attachment
List of Attached Documents:
// Content
1,312,090 		1,300,474
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).......... 16,556,000 Click to see attachment
List of Attached Documents:
// Content
18,729,643 		20,803,440
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 40,529,062 40,412,368 79,901,096
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........ 40,529,062 40,412,368
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)..... 40,529,062 40,412,368
30 Total liabilities and net assets/fund balances (see instructions). 40,529,062 40,412,368
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
40,529,062
2
Enter amount from Part I, line 27a .....................
2
-9,817,799
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
9,701,105
4
Add lines 1, 2, and 3 ..........................
4
40,412,368
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
40,412,368
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b INVESTMENT PARTNERSHIPS P    
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 10,381,068   9,218,719 1,162,349
b 136,289     136,289
c 10,073     10,073
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,162,349
b       136,289
c       10,073
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,308,711
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 33,227
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 33,227
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 33,227
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 24,616
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,616
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 259
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 8,870
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowWELLS FARGO BANK N A TRUST TAX DEP Telephone no.right arrow (888) 730-4933

Located atright arrowPO BOX 53456 MAC S3908-021PHOENIXAZ ZIP+4right arrow85072
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JEANNINE RIVET PRESIDENT
1.00 		0 0 0
4305 TRILLIUM WAY
MINNESTRISTA,MN55364
WARREN G HERREID II VP & TREASURER
1.00 		0 0 0
4305 TRILLIUM WAY
MINNESTRISTA,MN55364
KERRI BAWEK SECRETARY
1.00 		0 0 0
4305 TRILLIUM WAY
MINNESTRISTA,MN55364
ERIK KOLZ DIRECTOR
1.00 		0 0 0
4305 TRILLIUM WAY
MINNESTRISTA,MN55364
NIKKI HERREID NESS DIRECTOR
1.00 		0 0 0
4305 TRILLIUM WAY
MINNESTRISTA,MN55364
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
WELLS FARGO BANK NA AGENT/INVESTMENT MANAGEMENT 202,388
PO BOX 63954 MAC A0348-012
SAN FRANCISCO,CA94163
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
81,294,055
b
Average of monthly cash balances.......................
1b
1,093,998
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
82,388,053
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
82,388,053
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,235,821
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
81,152,232
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,057,612
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
4,057,612
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
33,227
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
33,227
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,024,385
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,024,385
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
4,024,385
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
12,703,296
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
12,703,296
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 4,024,385
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...... 4,162,523
b From 2020...... 2,594,293
c From 2021...... 6,160,189
d From 2022...... 5,764,122
e From 2023...... 6,792,875
f Total of lines 3a through e ........ 25,474,002
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 12,703,296
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..... 4,024,385
e Remaining amount distributed out of corpus 8,678,911
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 34,152,913
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) ... 		4,162,523
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		29,990,390
10 Analysis of line 9:
a Excess from 2020.... 2,594,293
b Excess from 2021.... 6,160,189
c Excess from 2022.... 5,764,122
d Excess from 2023.... 6,792,875
e Excess from 2024.... 8,678,911
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).)
JEANNINE RIVET
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

985 KTIS RADIO

3003 SNELLING AVENUE N
ST PAUL,MN55113 		N/A PC GENERAL SUPPORT 25,000

ACCESSABILITY INC

360 HOOVER ST NE
MINNEAPOLIS,MN55413 		N/A PC GENERAL SUPPORT 40,000

AMERICAN HEART ASSOCIATION

2750 BLUE WATER RD SUITE 250
EAGAN,MN55121 		N/A PC GENERAL SUPPORT 502,877

ANIMAL HUMANE SOCIETY

845 MEADOW LANE NORTH
GOLDEN VALLEY,MN55422 		N/A PC GENERAL SUPPORT 5,000

ASSOCIATION OF SMALL FOUNDATIONS

1720 N ST NW
WASHINGTON,DC20036 		N/A PC GENERAL SUPPORT 1,660

AVIVO

1900 CHICAGO AVE
MINNEAPOLIS,MN55404 		N/A PC GENERAL SUPPORT 5,000

BANYAN COMMUNITY

2529 13TH AVE SOUTH
MINNEAPOLIS,MN55404 		N/A PC GENERAL SUPPORT 100,000

BESTPREP MN BUSINESS VENTURE & TECHNOLOGY WORKSHOP

7100 NORTHLAND CIRCLE N 120
BROOKLYN PARK,MN55428 		N/A PC GENERAL SUPPORT 100,000

CAN DO CANINES

9440 SCIENCE CENTER DR
NEW HOPE,MN55428 		N/A PC GENERAL SUPPORT 56,000

CARINGBRIDGE

3600 AMERICAN BOULEVARD WEST
BLOOMINGTON,MN55431 		N/A PC GENERAL SUPPORT 20,000

CORE FOUNDATION

PO BOX 3631
RESTON,VA20195 		N/A PC GENERAL SUPPORT 100,918

CRADLE OF HOPE

1970 OAKCREST AVENUE SUITE 104
ROSEVILLE,MN55113 		N/A PC GENERAL SUPPORT 5,000

CROWN COLLEGE

8700 COLLEGE VIEW DR
ST BONIFACIUS,MN55375 		N/A PC GENERAL SUPPORT 500,000

FAMILY LEADER FOUNDATION

PO BOX 42245
URBANDALE,IA50323 		N/A PC GENERAL SUPPORT 494,169

FRASER

2400 WEST 64TH STREET
MINNEAPOLIS,MN55423 		N/A PC GENERAL SUPPORT 346,438

GIRL SCOUTS RIVER VALLEY

400 ROBERT ST S
ST PAUL,MN55107 		N/A PC GENERAL SUPPORT 25,000

HAITI TEEN CHALLENGE

740 E 24TH ST
MINNEAPOLIS,MN55404 		N/A PC GENERAL SUPPORT 205,000

HELPING PAWS OF MINNESOTA INC

630 12TH AVE S
HOPKINS,MN55343 		N/A PC GENERAL SUPPORT 205,575

HERITAGE MUSEUMS & GARDENS

67 GROVE STREET
SANDWICH,MA02563 		N/A PC GENERAL SUPPORT 1,275,000

HOPE ACADEMY

2300 CHICAGO AVE
MINNEAPOLIS,MN55404 		N/A PC GENERAL SUPPORT 951,726

HOPE CHEST FOR BREAST CANCER

3850 SHORELINE DR S
ORONO,MN55391 		N/A PC GENERAL SUPPORT 46,632

HOPE HARBOR

PO BOX 26
MARSHALL,MN56258 		N/A PC GENERAL SUPPORT 20,000

IRONWOOD SPRINGS CHRISTIAN RANCH

7291 COUNTY ROAD 6 SW
STEWARTVILLE,MN55976 		N/A PC GENERAL SUPPORT 10,000

LANAI CAT SANCTUARY

1 KAUPILI ROAD
LANAI CITY,HI96763 		N/A PC GENERAL SUPPORT 529

LIVING WELL DISABILITY SERVICES

1168 NORTHLAND DR
MENDOTA HTS,MN55120 		N/A PC GENERAL SUPPORT 15,000

LUVERNE INITIATIVES FOR TOMORROW (LIFT)

213 EAST LUVERNE STREET
LUVERNE,MN56156 		N/A PC GENERAL SUPPORT 10,000

MAJESTIC HILLS RANCH

24580 DAKOTA AVE
LAKEVILLE,MN55044 		N/A PC GENERAL SUPPORT 50,000

MINNESOTA ADULT & TEEN CHALLENGE

1619 PORTLAND AVE S
MINNEAPOLIS,MN55404 		N/A PC GENERAL SUPPORT 1,232,264

MINNESOTA ARBORETUM

3675 ARBORETUM DR
CHASKA,MN55318 		N/A PC GENERAL SUPPORT 25,000

MINNESOTA FAMILY COUNCIL & INSTITUTE

525 PARK ST STE 460
ST PAUL,MN55103 		N/A PC GENERAL SUPPORT 400,000

MINNESOTA HISTORY THEATRE

30 10TH ST E
ST PAUL,MN55101 		N/A PC GENERAL SUPPORT 30,000

MINNESOTA ZOO

13000 ZOO BLVD
APPLE VALLEY,MN55124 		N/A PC GENERAL SUPPORT 1,624,120

MOVEFWD

1001 MN-7 237
HOPKINS,MN55305 		N/A PC GENERAL SUPPORT 25,000

NORTHSIDE ACHIEVEMENT ZONE

2123 W BROADWAY AVE STE 100
MINNEAPOLIS,MN55411 		N/A PC GENERAL SUPPORT 15,000

NORWAY HOUSE

913 EAST FRANKLIN AVENUE
MINNEAPOLIS,MN55404 		N/A PC GENERAL SUPPORT 125,000

NPH USA

20 NORTH WACKER DRIVE SUITE 4000
CHICAGO,IL60606 		N/A PC GENERAL SUPPORT 55,000

PRAGER UNIVERSITY

15021 VENTURA BLVD 552
SHERMAN OAKS,CA91403 		N/A PC GENERAL SUPPORT 201,328

PULSE

600 S 9TH ST
MINNEAPOLIS,MN55404 		N/A PC GENERAL SUPPORT 1,005,404

RAICES SAGRADAS COMMUNITY MENTAL HEALTH

3817 PLEASANT AVE
ST PAUL,MN55409 		N/A PC GENERAL SUPPORT 20,000

REAGAN LEGACY FOUNDATION

16001 VENTURA BLVD UNIT 110
ENCINO,CA91436 		N/A PC GENERAL SUPPORT 50,000

RELATE COUNSELING CENTER

5125 COUNTY RD 101 STE 300
MINNETONKA,MN55345 		N/A PC GENERAL SUPPORT 5,000

SAMARITANS PURSE

PO BOX 3000
BOONE,NC28607 		N/A PC GENERAL SUPPORT 5,000

SECONDHAND HOUNDS

5959 BAKER RD STE 390
MINNETONKA,MN55345 		N/A PC GENERAL SUPPORT 3,500

SOUTHSIDE COMMUNITY HEALTH SERVICES

4243 4TH AVE S
MINNEAPOLIS,MN55409 		N/A PC GENERAL SUPPORT 300,000

SOUTHWEST CHRISTIAN HIGH SCHOOL

1981 BAVARIA RD
CHASKA,MN55318 		N/A PC GENERAL SUPPORT 994,323

SOUTHWEST INITIATIVE FOUNDATION

15 3RD AVENUE NW
HUTCHINSON,MN55350 		N/A PC GENERAL SUPPORT 366,996

ST CATHERINE UNIVERSITY

2004 RANDOLPH AVE
ST PAUL,MN55105 		N/A PC GENERAL SUPPORT 97,812

ST DAVID'S CENTER

3395 PLYMOUTH RD
MINNETONKA,MN55305 		N/A PC GENERAL SUPPORT 20,000

TAKE CHARGE MINNESOTA

706 2ND AVE S STE 900
MINNEAPOLIS,MN55402 		N/A PC GENERAL SUPPORT 201,328

THE ARC MINNESOTA

641 FAIRVIEW AVENUE N
ST PAUL,MN55104 		N/A PC GENERAL SUPPORT 15,000

THE BOND BETWEEN (FORMERLY SECONDHAND HOUNDS)

5959 BAKER RD STE 390
MINNETONKA,MN55345 		N/A PC GENERAL SUPPORT 103,000

THE FRONT LINE FOUNDATION

6422 W LAKE STREET
ST LOUIS PARK,MN55426 		N/A PC GENERAL SUPPORT 5,000

THE HERITAGE FOUNDATION

214 MASSACHUSETTS AVE NE
WASHINGTON,DC20002 		N/A PC GENERAL SUPPORT 150,863

THE SALVATION ARMY MINNESOTA

2445 PRIOR AVE N
ROSEVILLE,MN55113 		N/A PC GENERAL SUPPORT 5,000

TREEHOUSE YOUTH OUTREACH

5666 LINCOLN DRIVE SUITE 201
MINNEAPOLIS,MN55436 		N/A PC GENERAL SUPPORT 75,000

TURNING POINT USA

4940 E BEVERLY RD
CROWN POINT,IN85044 		N/A PC GENERAL SUPPORT 75,000

TWIN CITIES RISE

1301 BRYANT AVENUE NORTH
MINNEAPOLIS,MN55411 		N/A PC GENERAL SUPPORT 10,000

UNION GOSPEL MISSION SAINT PAUL

376 WESTERN AVE N
ST PAUL,MN55103 		N/A PC GENERAL SUPPORT 20,000

UNITED HEALTH CARE CHILDREN'S FOUNDATION

PO BOX 41
MINNEAPOLIS,MN55440 		N/A PC GENERAL SUPPORT 25,000

WAY TO GROW

125 WEST BROADWAY AVENUE SUITE 110
MINNEAPOLIS,MN55411 		N/A PC GENERAL SUPPORT 35,000

YOUTH FRONTIERS

5215 EDINA INDUSTRIAL BLVD SUITE
400
MINNEAPOLIS,MN55439 		N/A PC GENERAL SUPPORT 250,404
Total .................................right arrow 3a 12,687,866
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,578,113  
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 .....     01 543  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,308,711  
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 2,887,367 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,887,367
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


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


Software ID:  
Software Version:  


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

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

43-2093439
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
KAHR FOUNDATION-IMA
  		Employer identification number
43-2093439
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
JEANNINE RIVET
4305 TRILLIUM WAY
 
MINNETRISTA, MN55364

$ 380,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
WARREN G HERREID II REVOCABLE TRUST
4305 TRILLIUM WAY
 
MINNETRISTA, MN55364

$ 67,456


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

$  


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

$  


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

$  


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

$  


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

43-2093439
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 120 SHARES OF UNH STOCK $ 67,456 2024-10-29
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
KAHR FOUNDATION-IMA
  		Employer identification number

43-2093439
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 3,020 1,510   1,510

TY 2024 GeneralExplanationAttachment
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Identifier Return Reference Explanation
STOCK DONATION FORM 990PF, PART XV AMERICAN HEART ASSOCIATIONSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 08/12/24NUMBER OF UNITS: 890DONOR BASIS: $31,408FAIR MARKET VALUE: $502,877BESTPREP: MN BUSINESS VENTURE & TECHNOLOGY WORKSHOPSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 01/22/2024NUMBER OF UNITS: 196DONOR BASIS: $6,917FAIR MARKET VALUE: $98,988CORE FOUNDATIONSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 11/12/24NUMBER OF UNITS: 163DONOR BASIS: $5,752FAIR MARKET VALUE: $100,918CROWN COLLEGESTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 01/22/24NUMBER OF UNITS: 977DONOR BASIS: $29,654FAIR MARKET VALUE: $493,424FAMILY LEADER FOUNDATIONSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 05/15/24NUMBER OF UNITS: 945DONOR BASIS: $33,349FAIR MARKET VALUE: $494,169FRASERSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 08/12/24NUMBER OF UNITS: 445DONOR BASIS: $15,704FAIR MARKET VALUE: $251,438HELPING PAWS OF MINNESOTA INC.STOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 01/25/24NUMBER OF UNITS: 196DONOR BASIS: $6,917FAIR MARKET VALUE: $95,110HELPING PAWS OF MINNESOTA INC.STOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 08/12/24NUMBER OF UNITS: 178DONOR BASIS: $6,282FAIR MARKET VALUE: $100,575HERITAGE MUSEUMS & GARDENSSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 01/22/24NUMBER OF UNITS: 2,441DONOR BASIS: $86,143FAIR MARKET VALUE: $1,232,804HOPE ACADEMY STOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 01/22/2024NUMBER OF UNITS: 1,270DONOR BASIS: $44,818FAIR MARKET VALUE: $641,401HOPE ACADEMY STOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 08/12/24NUMBER OF UNITS: 534DONOR BASIS: $18,845FAIR MARKET VALUE: $301,726MINNESOTA ADULT & TEEN CHALLENGESTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 05/15/24NUMBER OF UNITS: 1,347DONOR BASIS: $47,536FAIR MARKET VALUE: $704,387MINNESOTA ADULT & TEEN CHALLENGESTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 08/12/24NUMBER OF UNITS: 890DONOR BASIS: $31,408FAIR MARKET VALUE: $502,877MINNESOTA ZOOSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 05/15/24NUMBER OF UNITS: 3,058DONOR BASIS: $107,917FAIR MARKET VALUE: $1,599,120NORWAY HOUSESTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 01/22/2024NUMBER OF UNITS: 196DONOR BASIS: $6,917FAIR MARKET VALUE: $98,988PRAGER UNIVERSITYSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 05/15/24NUMBER OF UNITS: 385DONOR BASIS: $13,587FAIR MARKET VALUE: $201,328PULSE STOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 03/07/24NUMBER OF UNITS: 2,106DONOR BASIS: $74,321FAIR MARKET VALUE: $1,005,404SOUTHWEST CHRISTIAN HIGH SCHOOLSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 11/12/24NUMBER OF UNITS: 1,606DONOR BASIS: $56,676FAIR MARKET VALUE: $994,323SOUTHWEST INITIATIVE FOUNDATIONSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 05/17/24NUMBER OF UNITS: 654DONOR BASIS: $23,080FAIR MARKET VALUE: $341,996TAKE CHARGE MINNESOTASTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 05/15/24NUMBER OF UNITS: 385DONOR BASIS: $13,587FAIR MARKET VALUE: $201,328THE HERITAGE FOUNDATIONSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 08/12/24NUMBER OF UNITS: 267DONOR BASIS: $9,422FAIR MARKET VALUE: $150,863YOUTH FRONTIERSSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 05/20/24NUMBER OF UNITS: 481DONOR BASIS: $16,974FAIR MARKET VALUE: $250,404

TY 2024 InvestmentsCorpBondsSchedule
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN ELECTRIC PO 5.750% 11/01/27 20,362 20,496
AMGEN INC 5.150% 3/02/28 34,670 35,255
AT&T INC 4.300% 2/15/30 18,843 19,370
COHEN & STEERS PR SEC&INC-F #6639 80,336 81,799
COMCAST CORP 4.150% 10/15/28 19,232 19,505
CVS HEALTH CORP 3.875% 7/20/25 19,565 19,871
DUKE ENERGY CORP 4.850% 1/05/27 19,762 20,060
EXXON MOBIL CORPORAT 2.992% 3/19/25 24,533 24,922
FEDEX CORP 4.250% 5/15/30 19,205 19,372
GOLDMAN SACHS GROUP 3.800% 3/15/30 18,722 18,756
HONEYWELL INTERNATIO 5.000% 2/15/33 26,118 24,865
LOWE'S COS INC 4.800% 4/01/26 19,722 20,034
NASDAQ INC 5.350% 6/28/28 20,158 20,280
QUEST DIAGNOSTICS IN 6.400% 11/30/33 21,443 21,416
SCHLUMBERGER INVESTM 2.650% 6/26/30 17,599 17,823
TARGET CORP 4.500% 9/15/32 24,151 24,166
VANGUARD HIGH YIELD CORP-ADM #529 821,600 805,257
VERIZON COMMUNICATIO 4.016% 12/03/29 18,740 19,196
VR CITIGROUP INC 3.785% 3/17/33 17,988 17,956
VR JPMORGAN CHASE & 4.080% 4/26/26 29,149 29,922
VR TRUIST FINANCIAL 5.900% 10/28/26 20,192 20,153

TY 2024 InvestmentsCorpStockSchedule
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Name of Stock End of Year Book Value End of Year Fair Market Value
100 SHARES OF PARKER-HANNIFIN CORP 21,077 63,603
2,025 SHARES OF INTUITIVE SURGICAL INC 250,717 1,056,969
401 SHARES OF ALNYLAM 35,926 94,359
53,990 SHARES OF UNITED HEALTH GROUP, INC. 1,955,497 27,311,381
770 SHARES OF FIRST TRUST TECHNLGY ETF 69,138 114,384
ABBVIE INC 61,688 95,425
ACCENTURE PLC 17,588 48,899
ADOBE INC 81,336 69,370
ADVANCED MICRO DEVICES INC 65,934 79,480
AERCAP HOLDINGS NV 114,264 211,976
ALIGN TECHNOLOGY INC 27,905 32,111
ALLISON TRANSMISSION HOLDINGS 83,158 229,736
ALPHABET INC CL C 211,714 869,930
AMAZON COM INC COM 352,835 696,124
AMPHENOL CORP CL A 55,268 183,626
ANALOG DEVICES INC 144,222 135,549
APPLE INC 117,175 1,083,317
APTARGROUP INC COM 123,105 144,689
ARISTA NETWORKS INC 16,958 142,805
ARMSTRONG WORLD INDUSTRIES INC 148,861 234,466
BALL CORP 168,020 140,306
BELLRING BRANDS INC 26,382 82,949
BLACKROCK INC 36,165 115,837
BLACKSTONE INC 66,745 163,627
BOEING CO 95,967 95,226
BOOKING HOLDINGS INC 26,085 74,526
BOSTON SCIENTIFIC CORP COM 49,306 121,386
BROADCOM INC 58,485 559,198
BROWN FORMAN CORP CL B 76,354 45,994
BRUKER CORPORATION 197,079 145,319
CADENCE DESIGN SYSTEMS INC 46,398 68,505
CANADIAN PACIFIC KANSAS CITY L 39,874 58,475
CBRE GROUP INC 126,360 193,128
CELANESE CORP 62,079 54,607
CHIPOTLE MEXICAN GRILL INC 35,411 117,585
CHURCHILL DOWNS INC 160,268 190,027
CINCINNATI FINANCIAL CORP 65,853 130,623
CISCO SYSTEMS INC 49,385 119,110
CITIGROUP INC. 105,492 144,229
COGNIZANT TECH SOLUTIONS CRP COM 37,753 55,599
CONSTELLATION BRANDS INC 67,667 72,930
COPART INC COM 60,035 175,326
CORPAY INC 65,246 91,373
COSTAR GROUP, INC 71,589 52,977
CROWN CASTLE INC 149,482 128,788
DANAHER CORP 46,257 81,949
DATADOG INC 105,048 116,312
DEXCOM INC 40,407 71,393
DOLLAR TREE INC 144,292 121,927
EATON CORP PLC 50,470 145,359
ECOLAB INC 60,819 82,012
ELI LILLY & CO COM 80,345 314,976
ENTEGRIS INC 107,457 200,200
FIDELITY NATL INFORMATION SVCS INC 132,415 196,352
FORTUNE BRANDS INNOVATIONS INC 48,393 61,975
GARMIN LTD 58,535 126,850
HILTON WORLDWIDE HOLDINGS IN 92,218 106,279
HOME DEPOT INC 80,805 101,526
INTERCONTINENTAL EXCHANGE, INC 51,883 94,621
INTUITIVE SURGICAL INC 68,359 131,534
ISHARES CORE S&P SMALL-CAP ETF 1,646,447 1,607,319
JPMORGAN CHASE & CO 63,431 221,013
KEYSIGHT TECHNOLOGIES INC 210,787 207,855
LAM RESH CORP 26,311 100,400
LAMB WESTON HOLDINGS INC 97,475 111,138
LENNOX INTERNATIONAL INC 69,758 195,585
M & T BANK CORPORATION COM 139,602 185,754
MANULIFE FINANCIAL CORP 56,299 131,009
MARSH & MCLENNAN COS INC 80,046 73,919
MCDONALDS CORP 103,119 107,839
MERCK & CO INC NEW 56,611 98,585
META PLATFORMS INC 198,814 579,655
MICROSOFT CORP 206,325 1,062,180
MOELIS & CO 63,332 187,360
MONDELEZ INTERNATIONAL INC 46,681 65,285
MORGAN STANLEY 48,748 108,119
NETFLIX INC 26,241 140,829
NEWMARKET CORP 86,838 122,049
NEUROCRINE BIOSCIENCES INC COM 63,465 60,060
NVIDIA CORP 129,930 667,690
OKTA INC 91,768 54,372
OLD DOMINION FREIGHT LINES INC 41,750 103,018
OTIS WORLDWIDE CORP 121,013 172,810
PALO ALTO NETWORKS INC 28,186 105,901
POOL CORPORATION 160,544 191,949
POST HOLDINGS INC 104,985 177,413
REGIONS FINL CORP NEW 78,632 100,595
RTX CORP 74,009 111,786
S&P GLOBAL INC 20,885 70,720
SALESFORCE INC 36,606 140,419
SERVICENOW INC 40,046 133,575
SKYWORKS SOLUTIONS INC 147,014 133,020
SOMNIGROUP INTERNATIONAL INC 146,603 169,503
STARBUCKS CORP COM 74,467 69,441
STERIS PLC 126,608 154,170
SUNCOR ENERGY INC NEW F 90,882 139,188
TARGET CORP 32,644 52,720
TE CONNECTIVITY LTD 35,723 67,625
THERMO FISHER SCIENTIFIC INC 22,251 64,509
TOTALENERGIES SE -SPON ADR 109,387 127,803
TRACTOR SUPPLY CO COM 11,792 58,101
TRADE DESK INC/THE 72,530 120,938
TRANSDIGM GROUP INC 13,136 72,235
TRIMBLE INC 34,158 53,419
ULTA BEAUTY, INC 32,240 65,674
UNIFIRST CORP MASS 130,396 108,300
UNILEVER PLC - ADR 75,598 84,937
UNION PACIFIC CORP 39,394 89,164
UNITED PARCEL SERVICE-CL B 89,846 97,854
VANGUARD FTSE DEVELOPED ETF 4,057,538 4,877,879
VANGUARD FTSE EMERGING MARKETS ETF 1,513,247 1,998,535
VERTEX PHARMACEUTICALS INC COM 27,058 67,654
VERTIV HOLDINGS LLC 103,406 89,979
VISA INC-CLASS A SHRS 129,048 299,922
VULCAN MATERIALS COMPANY 77,497 167,457
WASTE MANAGEMENT INC 64,497 108,361
WATERS CORP 107,212 145,424
XPO INC 21,908 99,281
14,641 SHARES OF HALLIBURTON COMPANY 0 398,089
5,383 SHARES OF MORGAN STANLEY & CO 0 676,751

TY 2024 InvestmentsGovtObligationsSch
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
US Government Securities - End of Year Book Value:

331,527
US Government Securities - End of Year Fair Market Value:

325,139
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BC DOUBLE IMPACT II ASP FUND R/I1E AT COST 396,531 396,531
BLACKROCK CRED REL VLU FND-K #1940 AT COST 464,766 445,940
BLACKSTONE PRIVATE CREDIT FUND AT COST 500,000 507,962
BLACKSTONE REAL ESTATE INCOME TRUST AT COST 426,326 518,300
BREP ASIA II ASP FUND R/INT IE1 AT COST 417,852 417,852
CARLYLE REALTY PART VII-II ASP R/I1 AT COST 197,801 197,801
COLONY DISTRCRED IV ACCESS ASP R/I1E AT COST 142,793 142,793
GSO CAPITAL SOLUTIONS III ASP R/IE1 AT COST 220,694 220,694
IMPRICOR AT COST 6,500,000 7,484,862
INVESCO OPTIMUM YIELD DIVERSIF ETF AT COST 3,089,044 2,905,993
LABELS TO LEARN AT COST 50,000 50,000
LS DISTRESSED XI ASP FUND R/I1E AT COST 390,797 390,797
MARSHALL WACE EUREKA ASP FD R/I1E AT COST 1,000,000 1,725,333
NEUBERGER BERMAN LONG SH-INS #1830 AT COST 456,870 484,193
NUVEEN GLOBAL CITIES REIT AT COST 510,000 529,215
PARTNERS GROUP PRIVATE EQTY FD CL I AT COST 500,000 552,100
SIG GUFF DISTRSD REAL EST ASP R/I1 AT COST 54,344 54,344
STARWOOD REIT AT COST 200,000 200,851
STEPSTONE PRIVATE MARKETS CLASS I AT COST 1,300,000 1,561,183
STEPSTONE PRIVATE VENTURE & GROWTH AT COST 1,100,000 1,204,871
STRATEGIC PARTNERS VII ASP FD R/I1E AT COST 311,825 311,825
SYNER FUSE AT COST 500,000 500,000

TY 2024 LegalFeesSchedule
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 18,313 9,156   9,157


TY 2024 OtherExpensesSchedule
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES FROM WELLS FARGO -7600 571 571   0
FOUNDATION, EDUCATION, AND OPERATIONS 928 0   928
INVESTMENT PARTNERSHIP EXPENSES 205,326 205,326   0


TY 2024 OtherIncomeSchedule2
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CLASS ACTION SETTLEMENT 543 543 543


TY 2024 OtherIncreasesSchedule
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Description Amount
OTHER CHANGES IN NET ASSETS 13,915
PARTNERSHIP INVESTMENT ADJUSTMENTS 74,001
DONATED STOCK - COST BASIS ADJUSTMENT 9,613,189


TY 2024 OtherProfessionalFeesSchedule
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ASSET MANAGEMENT FEES 202,388 202,388   0


TY 2024 TaxesSchedule
Name:
KAHR FOUNDATION-IMA
EIN:
43-2093439
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAXES PAID 65 0   0
FOREIGN TAXES PAID 30,165 30,165   0