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
OFFUTT FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)225 BROADWAY N
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FARGO, ND58102
A Employer identification number

26-6574983
B Telephone number (see instructions)

(701) 237-6062
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$380,667,627J 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) 78,084,422
2 Check right arrow.............
3 Interest on savings and temporary cash investments 5,372,242 6,153,406  
4 Dividends and interest from securities... 2,145,276 2,420,108  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 12,551,754
b Gross sales price for all assets on line 6a 74,912,166
7 Capital gain net income (from Part IV, line 2)... 50,566,954
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
42,560 141,706  
12 Total. Add lines 1 through 11........ 98,196,254 59,282,174  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 290,000 0   290,000
14 Other employee salaries and wages...... 186,000 0   186,000
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,050 0   9,050
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
446,777 358,116   88,661
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
135,000 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 9,546 0   9,546
22 Printing and publications.......... 7,854 0   7,854
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
347,604 1,025,738   12,936
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,431,831 1,383,854   604,047
25 Contributions, gifts, grants paid....... 9,568,220 9,568,220
26 Total expenses and disbursements. Add lines 24 and 25 11,000,051 1,383,854   10,172,267
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 87,196,203
b Net investment income (if negative, enter -0-) 57,898,320
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 96,634,918 206,254,361 206,254,361
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) 124,079 Click to see attachment
List of Attached Documents:
// Content
25,897 		25,897
b Investments—corporate stock (attach schedule)....... 22,679,066 Click to see attachment
List of Attached Documents:
// Content
27,909,161 		27,909,161
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 151,477,696 Click to see attachment
List of Attached Documents:
// Content
146,478,208 		146,478,208
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,490 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 270,919,249 380,667,627 380,667,627
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 270,919,249 380,667,627
29 Total net assets or fund balances (see instructions)..... 270,919,249 380,667,627
30 Total liabilities and net assets/fund balances (see instructions). 270,919,249 380,667,627
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
270,919,249
2
Enter amount from Part I, line 27a .....................
2
87,196,203
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
22,552,175
4
Add lines 1, 2, and 3 ..........................
4
380,667,627
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
380,667,627
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS FROM PASSTHROUGH INVESTMENTS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 36,896,966   24,345,212 12,551,754
b 38,015,200     38,015,200
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       12,551,754
b       38,015,200
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 50,566,954
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) 1 804,787
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........................... 3 804,787
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- ..... 5 804,787
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 98,890
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 400,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 498,890
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 38,920
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 344,817
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 arrowND
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 arrowBILL NIELSEN Telephone no.right arrow (701) 551-5422

Located atright arrow225 BROADWAY NFARGOND ZIP+4right arrow58102
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
RONALD D OFFUTT TRUSTEE
0.10 		0 0 0
225 BROADWAY N
FARGO,ND58102
KAREN OFFUTT TRUSTEE
0.10 		0 0 0
225 BROADWAY N
FARGO,ND58102
SHELLY NEAL TRUSTEE
0.10 		0 0 0
225 BROADWAY N
FARGO,ND58102
RONDI MCGOVERN TRUSTEE
0.10 		0 0 0
225 BROADWAY N
FARGO,ND58102
ALLAN F KNOLL TRUSTEE
0.10 		0 0 0
225 BROADWAY N
FARGO,ND58102
CHRISTI OFFUTT TRUSTEE
0.10 		0 0 0
225 BROADWAY N
FARGO,ND58102
RYAN OFFUTT TRUSTEE
0.10 		0 0 0
225 BROADWAY N
FARGO,ND58102
THOMAS K ESPEL EXECUTIVE DIRECTOR
30.00 		290,000 0 0
225 BROADWAY N
FARGO,ND58102
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
JESSI ZENKER PROGRAM MANAGER
32.00 		108,000 0 0
225 BROADWAY
FARGO,ND58102
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
VERUS INVESTMENT MANAGER 233,674
800 FIFTH AVENUE SUITE 3900
SEATTLE,WA98104
LEGACY LOGIC CONSULTANT 75,000
1433 7TH ST S
FARGO,ND58102
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
150,490,022
b
Average of monthly cash balances.......................
1b
122,190,791
c
Fair market value of all other assets (see instructions)................
1c
13,930,675
d
Total (add lines 1a, b, and c).........................
1d
286,611,488
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
286,611,488
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
4,299,172
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
282,312,316
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
14,115,616
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
14,115,616
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
804,787
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
804,787
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
13,310,829
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
13,310,829
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
13,310,829
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
10,172,267
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
10,172,267
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 13,310,829
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 3,231,577
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 10,172,267
a Applied to 2023, but not more than line 2a 3,231,577
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..... 6,940,690
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		6,370,139
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
RONALD D OFFUTT
KAREN OFFUTT
SHELLY NEAL
RONDI MCGOVERN
CHRISTI OFFUTT
RYAN OFFUTT
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

ANNE CARLSEN CENTER

PO BOX 8000
JAMESTOWN,ND58402 		  PC PATHWAYS FOR THE FUTURE 100,000

BARNESVILLE AREA COMMUNITY FUND

PO BOX 461
BARNESVILLE,MN56514 		  PC COMMUNITY NEEDS FUND 1,250

DEMOCRACY PREP PUBLIC SCHOOL

207 WEST 133RD ST
NEW YORK,NY10030 		  GOV GLOBAL CITIZENS & EMPOWER 190,500

FEED MY STARVING CHILDREN

401 93RD AVENUE NW
COON RAPIDS,MN55433 		  PC FARGO MOBILE PACK 2024 250,000

MEMORY CAFE

1122 1ST AVE N
FARGO,ND58102 		  PC GIVING HEARTS DAY 2024 12,500

NEW LIFE CENTER

1902 3RD AVE N
FARGO,ND58102 		  PC SOUTH FARGO THRIFT STORE 100,000

NORTHWESTERN MINNESOTA SYNOD

901 8TH ST S
MOORHEAD,MN56562 		  PC GHD, MN MAX, RURAL REVIVAL 60,000

NORTH DAKOTA STATE UNIVERSITY

PO BOX 5144
FARGO,ND58105 		  GOV MAP THE SYSTEM 15,000

THEODORE ROOSEVELT PRESIDENTIAL LIBRARY

1611 EAST CENTURY AVE
BISMARCK,ND58503 		  PC CAPITAL CAMPAIGN 250,000

UNIVERSITY OF MARY

7500 UNIV DR
BISMARCK,ND58504 		  PC VISION 2030 CAMPAIGN 625,000

VALLEY CHRISTIAN COUNSEL

2115 SUMMIT AVE
ST PAUL,MN55105 		  PC BUILDING EXPANSION 50,000

YWCA

4650 38TH AVE S STE 110
FARGO,ND58104 		  PC LANTERN LIGHT 250,000

VALLEY CITY STATE UNIVERSITY

201 COLLEGE ST SE
VALLEY CITY,ND58072 		  GOV FORWARD TOGETHER 50,000

UNIVERSITY OF MARY

7500 UNIV DR
BISMARCK,ND58504 		  PC 2030 CAMPAIGN RESEARCH 500,000

NEXUS-PATH FAMILY HEALING

1202 WESTRAC DR
FARGO,ND58103 		  PC SCHOOL CASE MANAGEMENT 12,500

EASTERN NORTH DAKOTA SYNOD

1555 43RD ST S 100
FARGO,ND58103 		  PC DEVELOPMENT DIRECTOR 50,000

NORTHWESTERN MINNESOTA SYNOD

901 8TH ST S
MOORHEAD,MN56562 		  PC ELCA DEVELOPMENT OFFICE 230,000

ABUSED ADULT RESOURCE CENTER

218 W BROADWAY
BISMARCK,ND58501 		  PC SEED OF HOPE RENOVATION 25,000

CONCORDIA FOOTBALL

901 8TH ST S
MOORHEAD,MN56562 		  PC ALL REGION SPONSOR 5,000

GFWC NEVIS WOMEN'S CLUB

20769 FLYING EAGLE DRIVE
NEVIS,MN56467 		  PC EMPOWERING WOMEN COFERENCE 1,000

YMCA OF CASS & CLAY COUNTY

400 1ST AVE S
FARGO,ND58103 		  PC PAY INTERN SPONSORSHIP 6,000

CONCORDIA

901 8TH ST S
MOORHEAD,MN56562 		  PC GENERAL OPERATING 6,000,000

FRIENDS OF THE CHILDREN

5183 44TH ST S SUITE B
FARGO,ND58104 		  PC GENERAL OPERATING 30,000

WADENA COUNTY 4-H

221 HARRY RICH DR
WADENA,MN56482 		  PC GENERAL OPERATING 5,000

HUBBARD COUNTY 4-H

201 FAIR AVE
PARK RAPIDS,MN56470 		  PC GENERAL OPERATING 5,000

MOORHEAD WRESTLING

1955 29TH ST CIR S
MOORHEAD,MN56560 		  PC GENERAL OPERATING 1,000

COBBER WRESTLING

901 8TH ST S
MOORHEAD,MN56562 		  PC SPONSORSHIP 1,000

ANGELS HOCKEY

1401 5TH AVE N
FARGO,ND58102 		  PC ARENA PROJECT 100,000

HEART OF CLAY

107 7TH ST S
MOORHEAD,MN56560 		  PC OUTREACH & STAFF EXPANSION 10,000

MAYO FOUNDATION

200 1ST ST SW
ROCHESTER,MN55905 		  PC GARRITY OPHTHALMOLOGY 100,000

OAK GROVE LUTHERAN SCHOOL

124 N TERRACE N
FARGO,ND58102 		  PC CAPITAL CAMPAIGN 125,000

VILLAGE IN PARTNERSHIP

PO BOX 52
ALLENTOWN,NJ08501 		  PC PEOPLE OF MALAWI 20,000

ABOUT FAMILIES INC

83300 AVE 45
INDIO,CA92201 		  PC CB-FUND STARTUP CLINIC 2,000

AFTERSCHOOL TLC

2801 N LOUISE AVE
SIOUX FALLS,SD57107 		  PC CB-FUND P/T EMPLOYEES 6,400

AMERICAN FOUNDATION FOR SUICIDE PREVENTION (AFSP) ND CHAPTER

PO BOX 11295
FARGO,ND58106 		  PC CB-INCREASE PROGRAM OUTREACH 6,000

ARMORY ARTS & EVENTS CENTER

PO BOX 163
PARK RAPIDS,MN56470 		  PC CB-BUILDING REPAIR/UPGRAD 6,000

BIKERS AGAINST BULLIES

2935 STOCKYARD RD SUITE L3
MISSOULA,MT59808 		  PC CB-INSTALL BUDDY BENCHES 4,000

BAGOSENDAAN

2476 230TH ST
MAHNOMEN,MN56557 		  PC CB-EQUIP UPGRADE 4,000

BBE ELEMENTARY SCHOOL

245 SCHOOL AVE N
BROOTEN,MN56316 		  GOV CB-SWING SET 6,400

BELIEVE AND ACHIEVE FOUNDATION

1055 E 9TH DR
MESA,AZ85204 		  PC CB-COVER GAP FOR FAMILY 2,400

BURLEIGH COUNTY BICYCLE CULT

1010 N WASHINGTON ST
BISMARCK,ND58501 		  PC CB-NEW MOWER 2,000

CALIFORNIA MID-WINTER FAIR HERITAGE FOUNDATION INC

PO BOX 4357
EL CENTRO,CA92244 		  PC CB-REPLACEMENT FENCE 6,800

CASPER CHILDRENS CHORALE

PO BOX 1622
CASPER,WY52602 		  PC CB-EXPAND PROGRAM 6,400

CHRISTINE COMMUNITY FIRE DISTRICT

321 2ND ST
CHRISTINE,ND58015 		  NC CB-THERMAL CAMERA 7,760

COMBAT VETERANS MOTORCYCLE ASSOCIATION 42-1

PO BOX 1650
MINOT,ND58701 		  PC CB-VARIOUS EXPENSES FOR 6,000

EXTRA MILE STUDENT CENTER

300 W 2ND ST
GRANDVIEW,WA98930 		  PC CB-BUILDING IMPROVEMENTS 2,000

FOOD IN NEED OF DISTRIBUTION

83775 CITRUS AVE
INDO,CA92201 		  PC CB-KIDS SUMMER MARKET 6,800

FIREFLY CENTER FOR ART & WELLBEING

102 S KAISER AVE
FOSSTON,MN56542 		  PC CB-ESSENTIAL EXPENSES 4,000

FISHING WITH VETS

PO BOX 47144
PERHAM,MN55447 		  PC CB-SUPPLIES 2,400

FOSSIL RIMS NATURAL HISTORY MUSEUM

PO BOX 50788
BILLINGS,MT59105 		  PC CB-EQUIP AND TRAVEL EXPENSES 6,800

HENNING FIREMANS RELIEF ASSOCIATION

607 2ND ST
HENNING,MN56551 		  NC CB-TRAUMA BAGS 6,400

HENNING MILITARY PARK

47324 COUNTY HWY 16
HENNING,MN56551 		  PC CB- BENCH SEATING 1,000

HONORING 307 HEROES

PO BOX 52001
CASPER,WY82605 		  POF CB-WREATHS 3,400

HOPE MANOR FOUNDATION INC

321 S 1ST ST
BISMARCK,ND58504 		  POF CB-SCHOLARSHIPS, HYGIENE 8,000

JUNIOR ACHIEVEMENT NORTH

PO BOX 8
WEST FARGO,ND58078 		  PC CB-COMPANY OF THE YEAR 6,800

KEOGH 501 MEMORIAL

47458 US HWY 20
ATKINSON,NE68713 		  PC CB-MED TECH COURSE 4,000

KINSHIP MOUNTAIN MINISTRY

20867 MAJESTIC HEIGHTS CT
DEADWOOD,SD57732 		  PC CB-AG ENRICHMENT YOUTH 6,800

LINCOLN VOLUNTEER FIRE DEPT

1020 AVE D
LINCOLN,TX78948 		  PC CB-TURNOUT GEAR 6,800

LIQR PIGZ MC

PO BOX 303
LISBON,ND58054 		  PC CB-PICNIC TABLES 2,000

LISBON FIRE DEPARTMENT

1401 ELM ST
LISBON,ND58054 		  PC CB-RESCUE EQUIPMENT 8,000

LYND PUBLIC SCHOOL

106 ST ALBANS ST
LYND,MN56157 		  GOV CB-PREP LAND HORT CLASS 6,400

MINNESOTA AMERICAN INDIAN CHAMBER OF COMMERCE

1308 E FRANKLIN AVE STE 203
MINNEAPOLIS,MN55404 		  PC CB-PROGRAM DEVELOPMENT 2,000

NORTH DAKOTA ARCHERY ALLIANCE

3001 CHARYL AVE NW
WEST FARGO,ND58078 		  PC CB-FUND NEW PARTICIPANTS 6,400

NDAD

1808 20TH AVE SE
MINOT,ND58701 		  PC CB-ADA EQUIP 2,000

NORTHERN CASS COMMUNITY HEALTH & WELLNESS CENTER

16021 18TH ST SE
HUNTER,ND58048 		  PC CB-SUPPLIES TRAINING KITS 8,000

NORTHLAND HEALTH CENTERS

55 1ST AVE E
TURTLE LAKE,ND58575 		  PC CB-TRANSLATION SERVICES B 4,000

OUR LADY OF GRACE CATHOLIC CHURCH

707 16TH AVE SW
MINOT,ND58701 		  PC CB-BUILDING CAMPAIGN 6,000

PARK RAPIDS FIREMANS RELIEF ASSOCIATION

804 PARK AVE S
PARK RAPIDS,MN56470 		  PC CB-FIRE PREVENTION PROG 2,400

PARTNERS FOR AFFORDABLE HOUSING

514 S RIVERFRONT DR
MANKATO,MN56001 		  PC CB-PROGRAM COSTS 2,000

PB&J SPREADING THE LOVE

13100 FILLY LANE
TRUCKEE,CA96161 		  PC CB-ASSIST FAMILIES DIPG 2,000

RAISING OUR CELIAC KIDS - TWIN CITIES CHAPTER INC

1025 CEDAR LAKE RD S
MINNEAPOLIS,MN55405 		  PC CB-SCHOLARSHIP FUND CAMP 4,000

RITZVILLE BRONC BOOSTERS

PO BOX 422
RITZVILLE,WA99169 		  PC CB-CONCESSION EQUIPMENT 4,800

ROCKSOLID COMMUNITY TEEN CENTER

12919 NE 159TH ST
BRUSH PRAIRE,WA98606 		  PC CB-OPERATING FUNDS 6,400

RONALD MCDONALD HOUSE CHARITIES OF EASTERN MONTANA

1144 N 30TH ST
BILLINGS,MT59101 		  PC CB-FAMILY EXPENSES 2,000

RONALD MCDONALD HOUSE CHARITIES OF THE RRV

4757 AGASSIZ CROSSING S
FARGO,ND58104 		  PC CB-SAFETY & SECURITY MEASURES 6,000

ABERDEEN CATHOLIC SCHOOL SYSTEM

220 1/2 N MAIN ST
ABERDEEN,SD57401 		  PC CB-LIGHTING UPGRADE - RONCALLI NEARLY NEW 6,400

ROSLYN VOLUNTEER FIRE DEPT

600 MAIN ST
ROSLYN,SD57261 		  NC CB-PROTECTIVE GEAR 6,000

SAFE HARBOR

2005 S MERTON ST
ABERDEEN,SD57401 		  PC CB-COVER GAP FED FUNDING 4,000

SHEYENNE FINE ARTS ASSOCIATION

PO BOX 934
LISBON,ND58054 		  PC CB-OPERATING SHORTAGE 4,000

SLEEP IN HEAVENLY PEACE

1009 S BERTELSON RD
EUGENE,OR97402 		  PC CB-GROW STAFF 6,800

SO MUCH MORE

32509 270TH AVE
ERHARD,MN56534 		  PC CB-HOST SPEAKER SERIES 4,000

THE DINNER BELL

20160 LINDEN RD NW
SOAP LAKE,WA98851 		  PC CB-FUND MEAL SERVICE 2ND 6,800

THE FARM FRIENDS BARN

10782 27TH AVE SE
BECKER,MN55308 		  PC CB-CONSULTANT 2,000

THE FRESNO CENTER

4879 CESAR CHAVEZ BLVD
FRESNO,CA93727 		  PC CB-CULTURE EXPERTS 2,000

WALLACE FIRE DEPARTMENT

609 MAIN ST
WALLACE,SD57272 		  GOV CB-PUMP & REEL HOSE 2,000

WEBSTER PAWS WALK

520 W 5TH ST
WEBSTER,SD57274 		  PC CB-AGILITY EQUIP 1,600

FARM IN THE DELL

7426 40TH ST N
MOORHEAD,MN56560 		  PC CATER TATERS MATCH 7,360

NORTHERN LIGHTS COUNCIL

4200 19TH AVE S
FARGO,ND58103 		  PC 2024 HEROES AND LEADERS G 1,250

NORTH DAKOTA STATE UNIVERSITY DEVELOPMENT FOUNDATION

1241 UNIVERSITY DR N
FARGO,ND58102 		  PC P2P 25,000

DORDT UNIVERSITY

700 7TH ST NE
SIOUX CENTER,IA51250 		  PC PRO TECH PROGRAM 50,000

MINNESOTA PRIVATE COLLEGE

445 MINNESOTA STREET SUITE 500
ST PAUL,MN55101 		  PC INNOVATION SCHOLARS 10,000

4-H FOUNDATION OF NORTH DAKOTA

1230 ALBRECHT BLVD
FARGO,ND58102 		  PC GIVING HEARTS DAY 2024 1,000

GIGI'S PLAYHOUSE FARGO

3224 20TH ST S
FARGO,ND58104 		  PC GIVING HEARTS DAY 2024 1,000

LAKE AGASSIZ HABITAT FOR HUMANITY FM

210 11TH ST N
MOORHEAD,MN56560 		  PC GIVING HEARTS DAY 2024 1,000

MAKE-A-WISH NORTH DAKOTA

4143 26TH AVE S 104
FARGO,ND58104 		  PC GIVING HEARTS DAY 2024 1,000

DMF - MATTO FOUNDATION

4141 28TH AVE S
FARGO,ND58104 		  PC GIVING HEARTS DAY 2024 1,000

NORMAN COUNTY DEVELOPMENTAL ACTIVITIES CENTER

212 9TH ST E
ADA,MN56510 		  PC GIVING HEARTS DAY 2024 1,000

PRAY FOR GRAY

PO BOX 446
FARGO,ND58107 		  PC GIVING HEARTS DAY 2024 1,000

CHURCHES UNITED FOR THE HOMELESS

1901 1ST AVE N
MOORHEAD,MN56560 		  PC GIVING HEARTS DAY 2024 5,000

SPECIAL OLYMPICS NORTH DAKOTA

2616 S 26TH ST
GRAND FORKS,ND58201 		  PC GIVING HEARTS DAY 2024 5,000

VALLEY SENIOR SERVICES INC MEALS ON WHEELS

2801 32ND AVE S
FARGO,ND58103 		  PC GIVING HEARTS DAY 2024 5,000

CENTRAL CASS TREEHOUSE

PO BOX 483
CASSELTON,ND58012 		  PC GIVING HEARTS DAY 2024 1,000

DOWN HOME

2102 12TH ST N
FARGO,ND58102 		  PC GIVING HEARTS DAY 2024 1,000

FIRSTLINK

4342 15TH AVE S
FARGO,ND58103 		  PC GIVING HEARTS DAY 2024 1,000

HALEY'S HOPE

1150 PRAIRIE PKWY
WEST FARGO,ND58078 		  PC GIVING HEARTS DAY 2024 1,000

HEART-N-SOUL COMMUNITY CAF INC

2001 44TH ST S
FARGO,ND58103 		  PC GIVING HEARTS DAY 2024 1,000

HISTORICAL AND CULTURAL SOCIETY OF CLAY COUNTY

202 1ST AVE N
MOORHEAD,MN56560 		  PC GIVING HEARTS DAY 2024 1,000

IMPACT - BADGES OF UNITY FUND

4321 20TH AVE S
FARGO,ND58103 		  PC GIVING HEARTS DAY 2024 1,000

RED RIVER ZOO

4255 23RD AVE S
FARGO,ND58104 		  PC GIVING HEARTS DAY 2024 1,000
DAPHNIE NADGWICK - UNIVERISTY OF NO


2901 UNIVERSITY AVE STOP 7155
GRAND FORKS,ND58202 		NONE I SCHOLARSHIPS 2,500
NATHAN OLSON - NDSCS WAHPETON


800 6TH ST N
WAHPETON,ND58076 		NONE I SCHOLARSHIPS 2,500
PETER MADSON - UNIVERSITY OF MARY


7500 UNIV DR
BISMARCK,ND58504 		NONE I SCHOLARSHIPS 2,500
SETH KNUTSON - LAKE AREA TECHNICAL


1201 ARROW AVE NE
WATERTOWN,SD57201 		NONE I SCHOLARSHIPS 2,500
TRISTAN GOSCH - LAKE AREA TECHNICAL


1201 ARROW AVE NE
WADENA,SD57201 		NONE I SCHOLARSHIPS 2,500
Total .................................right arrow 3a 9,568,220
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 ........... 		    14 5,372,242  
4 Dividends and interest from securities ....     14 2,145,276  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 12,551,754  
9 Net income or (loss) from special events:     01 19,874  
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 20,089,146 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
20,089,146
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
Yes
 
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
1a(1) 6,400 HENNING FIREMANS RELIEF ASSOCIATION $6,400 WAS DISTRIBUTED TO THE HENNING FIREMANS RELIEF ASSOCIATION FOR CB-TRAUMA BAGS.
1a(1) 6,000 ROSLYN VOLUNTEER FIRE DEPARTMENT $6,000 WAS DISTRIBUTED TO THE ROSLYN VOLUNTEER FIRE DEPARTMENT FOR CB-PROTECTIVE GEAR.
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
OFFUTT FAMILY FOUNDATION
 
Employer identification number

26-6574983
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
OFFUTT FAMILY FOUNDATION
  		Employer identification number
26-6574983
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
RONALD D OFFUTT
 
PO BOX 7160
 
FARGO, ND581067160

$ 54,084,422


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
SHELLY NEAL
 
PO BOX 7160
 
FARGO, ND58106

$ 6,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
RONDI MCGOVERN
 
PO BOX 7160
 
FARGO, ND58106

$ 6,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
CHRISTI OFFUTT
 
PO BOX 7160
 
FARGO, ND58106

$ 6,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
RYAN OFFUTT
 
PO BOX 7160
 
FARGO, ND58106

$ 6,000,000


(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
OFFUTT FAMILY FOUNDATION
  		Employer identification number

26-6574983
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
1
 STOCKS ML $ 2,153,717 2024-12-30
(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
OFFUTT FAMILY FOUNDATION
  		Employer identification number

26-6574983
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:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEES 9,050 0   9,050

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

TY 2024 ExpenditureResponsibilityStmt
Name:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
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
CHRISTINE COMMUNITY FIRE DISTRICT
  		321 2NC STREET
CHRISTINE,ND58015 		2024-11-19 7,760 FUND FOR A THERMAL CAMERA 7,760 NONE 9/16/25 2025-09-16  
ROSLYN VOLUNTEER FIRE DEPARTMENT
  		PO BOX 32
ROSLYN,SD57261 		2024-11-19 6,000 PROTECTIVE GEAR 6,000 NONE 12/27/24 2025-09-16  
HENNING FIREMANS RELIEF ASSOCIATION
  		607 2ND ST
HENNING,MN56551 		2024-11-19 6,400 CB - TRAUMA BAGS 6,400 NONE 11/13/25 2025-11-13  
HONORING 307 HEROES
  		PO BOX 52001
CASPER,WY82605 		2024-11-19 3,400 CB-WREATHS 3,400 NONE 11/13/25 2025-11-13  
HOPE MANOR FOUNDATION INC
  		321 S 1ST ST
BISMARCK,ND58504 		2024-11-19 8,000 CB-SCHOLARSHIPS, HYGIENE 8,000 NONE 11/13/25 2025-11-13  

TY 2024 InvestmentsCorpStockSchedule
Name:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
Name of Stock End of Year Book Value End of Year Fair Market Value
BERKSHIRE HATHAWAYINC 7,454,189 7,454,189
CONAGRA BRANDS INC 5,550 5,550
EXXON MOBIL CORP COM 1,075,700 1,075,700
FIBROGEN INC 2,055 2,055
LAMB WESTON HOLDINGS INC 536,845 536,845
PIMCO LOW DURATION 348,453 348,453
VANGUARD COMMUNICATION 736,060 736,060
AGREE RLTY CORP 19,867 19,867
ALEXANDRIA REAL EST EQTS 11,901 11,901
AMERICAN HEALTHCARE REIT 2,927 2,927
CAMDEN PPTY TR COM SBI 24,252 24,252
COUSINS PROPERTIES INC 12,286 12,286
CTO REALTY GROWTH INC 4,336 4,336
CUBESMART COM 9,427 9,427
DIGITAL RLTY TR INC 35,466 35,466
EASTGROUP PROPERTIES INC 15,246 15,246
EMPIRE ST RLTY TR INC 7,368 7,368
EQTY LIFESTYLS PPTYS INC 21,179 21,179
EQUINIX INC 51,859 51,859
EQUITY RESIDENTIAL 38,033 38,033
ESSENTIAL PPTYS RLTY TR 17,298 17,298
ESSEX PPTY TR INC COM 6,279 6,279
EXTRA SPACE STORAGE INC 21,841 21,841
FOUR CORNERS PROPERTY TR 13,624 13,624
FRONTVIEW REIT INC 5,729 5,729
HEALTHPEAK PPTYS INC 4,804 4,804
HOST HOTELS & RESORTS 12,579 12,579
INVITATION HOMES INC 16,944 16,944
IRON MOUNTAIN REIT INC 7,988 7,988
KIMCO REALTY CORP MD COM 7,661 7,661
KITE REALTY GROUP TR SHS 8,884 8,884
LTC PROPERTIES INC 6,461 6,461
MEDICAL PPTYS TR INC 2,939 2,939
OUTFRONT MEDIA INC SHS 6,209 6,209
PROLOGIS INC 46,085 46,085
PUBLIC STORAGE 16,170 16,170
REALTY INCM CRP MD 11,537 11,537
REGENCY CENTERS CORP 18,556 18,556
RLJ LODGING TRUST 7,474 7,474
SIMON PROPERTY GROUP DEL 26,004 26,004
STAG INDUSTRIALS INC 16,031 16,031
URBAN EDGE PROPERTIES 7,332 7,332
VENTAS INC 23,968 23,968
VORNADO REALTY TRUST COM 11,645 11,645
WELLTOWER INC 35,540 35,540
ABBOTT LABS 41,964 41,964
ABBVIE INC SHS 43,537 43,537
ACCENTURE PLC SHS 54,879 54,879
AMER EXPRESS COMPANY 58,468 58,468
AMERICAN TOWER REIT INC 36,865 36,865
AMPHENOL CORP CL A NEW 38,198 38,198
APPLE INC 152,756 152,756
BROADCOM INC 99,459 99,459
CHEVRON CORP 34,906 34,906
COMCAST CORP NEW CL A 31,413 31,413
EATON CORP PLC 42,147 42,147
ELEVANCE HEALTH INC 26,561 26,561
EXXON MOBIL CORP COM 38,295 38,295
HONEYWELL INTL INC DEL 33,884 33,884
JPMORGAN CHASE & CO 71,194 71,194
LINDE PLC REG SHS 51,078 51,078
LOWE'S COMPANIES INC 38,007 38,007
MARSH & MCLENNAN COS INC 41,208 41,208
MASTERCARD INC 57,923 57,923
MCDONALDS CORP 46,093 46,093
MICROSOFT CORP 145,418 145,418
MONDELEZ INTERNATIONAL 24,131 24,131
MOTOROLA SOLUTIONS INC 59,628 59,628
NEXTERA ENERGY INC SHS 45,380 45,380
NORTHROP GRUMMAN CORP 24,403 24,403
NOVO NORDISK A S ADR 18,408 18,408
PACKAGING CORP AMERICA 8,330 8,330
PEPSICO INC 25,090 25,090
PHILIP MORRIS INTL 37,549 37,549
PROLOGIS INC 38,686 38,686
S&P GLOBAL INC 38,348 38,348
SMURFIT WESTROCK LTD REG 12,442 12,442
STARBUCKS CORP 20,258 20,258
TAIWAN S MANUFCTRING ADR 47,793 47,793
TEXAS INSTRUMENTS 16,501 16,501
TJX COS INC NEW 40,955 40,955
TRANE TECHNOLOGIES PLC 36,935 36,935
UNION PACIFIC CORP 26,681 26,681
UNITEDHEALTH GROUP INC 54,127 54,127
WALMART INC 50,506 50,506
WEC ENERGY GROUP INC SHS 35,923 35,923
ZOETIS INC 35,845 35,845
ALPHABET INC SHS 325,652 325,652
AMAZON COM INC COM 536,628 536,628
AMERICAN TOWER REIT INC 66,945 66,945
APPLE INC 396,916 396,916
APPLIED MATERIAL INC 82,779 82,779
ARGENX SE 103,935 103,935
ASML HLDG NV NY REG SHS 90,793 90,793
BLACKSTONE INC 123,453 123,453
BROADCOM INC 94,823 94,823
CAESARS ENTERTAINMENT 12,299 12,299
DANAHER CORP DEL COM 92,279 92,279
DATADOG INC REG SHS CL A 80,447 80,447
DEERE CO 66,945 66,945
DOORDASH INC REG SHS 71,126 71,126
DRAFTKINGS INC 74,474 74,474
EATON CORP PLC 125,779 125,779
ELI LILLY & CO 164,436 164,436
HILTON WORLDWIDE 186,359 186,359
HOWMET AEROSPACE INC 145,571 145,571
INTERCONTINENTAL 84,042 84,042
LAS VEGAS SANDS CORP 83,614 83,614
LINDE PLC NEW 70,755 70,755
MADRIGAL PHARMACEUTICALS 47,828 47,828
MARVELL TECH INC 152,421 152,421
MASTERCARD INC 295,932 295,932
META PLATFORMS INC 293,926 293,926
MICROSOFT CORP 563,124 563,124
MONSTER BEVERAGE SHS 124,042 124,042
NVIDIA 506,810 506,810
ORACLE CORP 192,802 192,802
PROGRESSIVE CRP OHIO 90,573 90,573
SHOPIFY INC CL A 61,990 61,990
TAIWAN S MANUFCTRING ADR 172,211 172,211
UNITEDHEALTH GROUP INC 165,922 165,922
VAXCYTE INC 29,060 29,060
VERTEX PHARMCTLS INC 64,835 64,835
AMER FUNDS AMERICAN 829,951 829,951
AMER FUNDS NEW 634,665 634,665
ARTISAN INTERNATIONAL SMALL MID 342,648 342,648
ARTISAN INTERNATIONAL VALUE FD 491,248 491,248
BAIRD AGGREGATE BOND 263,455 263,455
COLUMBIA SELIGMAN TECH 403,879 403,879
DOUBLELINE SHILLER 365,914 365,914
DOUBLELINE TOTAL RETURN 973,437 973,437
ISHARES GOLD TR MICRO 371,980 371,980
PIMCO COMMODITIESPLUS 183,310 183,310
PIMCO INCOME FUND CL I2 995,501 995,501
PIMCO INTERNATIONAL BOND 89,886 89,886
PIMCO LOW DURATION 622,801 622,801
VANECK MORNINGSTAR WIDE 443,040 443,040
VANGUARD DIVIDEND 775,163 775,163
VANGUARD HIGH DVD YIELD 773,578 773,578
VANGUARD 500 INDEX FUND 474,960 474,960
DOUBLELINE TOTAL RETURN 45,813 45,813
ISHARES 0-5 YEAR TIPS 10,060 10,060
JANUS HENDERSON AAA 25,355 25,355
PIMCO INCOME FUND CL I2 88,164 88,164
PIMCO LOW DURATION 65,412 65,412
VANGUARD HIGH DVD YIELD 12,759 12,759
VANGUARD INTL HIGH DIVID 13,237 13,237
VANGUARD INTERNATIONAL 7,999 7,999
BLACKSTONE REAL ESTATE 108,667 108,667

TY 2024 InvestmentsGovtObligationsSch
Name:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
US Government Securities - End of Year Book Value:

0
US Government Securities - End of Year Fair Market Value:

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


25,897
State & Local Government Securities - End of Year Fair Market Value:


25,897


TY 2024 InvestmentsOtherSchedule2
Name:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
NORTHERN TRUST S&P 500 INDEX FUND (CORE) FMV 44,315,802 44,315,802
ACADIAN GLOBAL EQUITY FMV 5,041,853 5,041,853
WCM FOCUSED GLOBAL GROWTH FUND LP FMV 5,154,137 5,154,137
ARGA GLOBAL CONCENTRATED FUND FMV 4,816,403 4,816,403
WALTER SCOTT EAFE FMV 5,159,864 5,159,864
CAUSEWAY INTERNATIONAL VALUE INSTL FMV 5,466,600 5,466,600
CUSANA GLOBAL EMERGING MARKETS EQUITY FUND FMV 1,506,067 1,506,067
SKERRYVORE GLOBAL EMERG MKT EQUITY FUND FMV 1,217,645 1,217,645
LAZARD EMERGING DISCOUNTED ASSETS FUND FMV 1,325,008 1,325,008
THE TCW GROUP - CORE PLUS FIXED INCOME FMV 12,986,201 12,986,201
LOOMIS SAYLES CORE PLUS FIXED INCOME FMV 12,649,467 12,649,467
OAKTREE CAPITAL MANAGEMENT - US HIGH YIELD BONDS FMV 5,335,018 5,335,018
NINETY ONE EMERGING DEBT FUND FMV 3,259,658 3,259,658
LIBREMAX CAPITAL CREDIT DISLOCATION FUND FMV 300,169 300,169
COHEN & STEERS REAL ESTATE SECURITIES FUND FMV 11,861,675 11,861,675
TA REALTY FUND XIII FMV 639,763 639,763
CERBERUS INSTITUTIONAL REAL ESTATE PARTNERS VI FMV 489,182 489,182
ABBVIE INC FMV 91,338 91,338
AMGEN INC FMV 53,952 53,952
AT&T INC FMV 39,460 39,460
CHEVRON CORP FMV 54,460 54,460
CISCO SYSTEMS INC FMV 79,032 79,032
DUKE ENERGY CORP FMV 49,991 49,991
EXXON MOBIL CORP FMV 61,530 61,530
GILEAD SCIENCES INC FMV 63,089 63,089
INTL BUSINESS MACHINES CORP FMV 69,906 69,906
PFIZER INC FMV 34,569 34,569
SOUTHERN CO/THE FMV 62,234 62,234
SPDR PORT S&P 500 VALUE FMV 290,220 290,220
UNITED PARCEL SERVICE-CL B FMV 47,540 47,540
VANGUARD HIGH DVD YIELD ETF FMV 272,022 272,022
VERIZON COMMUNICATIONS INC FMV 30,432 30,432
ADVANCED MICRO DEVICES FMV 9,542 9,542
ALPHABET INC-CL A FMV 94,271 94,271
ALPHABET INC-CL C FMV 93,887 93,887
AMAZON.COM INC FMV 175,073 175,073
APPLE INC FMV 136,479 136,479
BROADCOM INC FMV 21,793 21,793
INVESCO QQQ TRUST SERIES 1 FMV 1,054,667 1,054,667
MASTERCARD INC - A FMV 28,961 28,961
META PLATFORMS INC-CLASS A FMV 156,917 156,917
MICROSOFT CORP FMV 164,385 164,385
NETFLIX INC FMV 41,001 41,001
NVIDIA CORP FMV 171,623 171,623
SALESFORCE INC FMV 80,335 80,335
SERVICENOW INC FMV 74,208 74,208
TESLA INC FMV 94,902 94,902
VISA INC-CLASS A SHARES FMV 56,887 56,887
COSTAR GROUP INC FMV 65,004 65,004
FAIR ISAAC CORP FMV 25,882 25,882
HEICO CORP FMV 80,594 80,594
ROLLINS INC FMV 50,985 50,985
TRADE DESK INC/THE -CLASS A FMV 38,080 38,080
TYLER TECHNOLOGIES INC FMV 64,007 64,007
VEEVA SYSTEMS INC-CLASS A FMV 56,768 56,768
WEST PHARMACEUTICAL SERVICES FMV 62,564 62,564
ANNALY CAPITAL MANAGEMENT IN FMV 7,580 7,580
ARCHER-DANIELS-MIDLAND CO FMV 44,761 44,761
ARES CAPITAL CORP FMV 62,693 62,693
CONAGRA BRANDS INC FMV 40,126 40,126
HEWLETT PACKARD ENTERPRISE FMV 24,401 24,401
HUNTINGTON BANCSHARES INC FMV 49,850 49,850
KINDER MORGAN INC FMV 29,619 29,619
KRAFT HEINZ CO/THE FMV 40,629 40,629
PRUDENTIAL FINANCIAL INC FMV 53,576 53,576
VIATRIS INC FMV 46,438 46,438
AGNC INVESTMENT CORP FMV 21,272 21,272
ANALOG DEVICES INC FMV 58,002 58,002
DANAHER CORP FMV 43,666 43,666
S&P GLOBAL INC FMV 52,791 52,791
STARBUCKS CORP FMV 25,915 25,915
UNITEDHEALTH GROUP INC FMV 49,574 49,574
VANGUARD S&P 500 ETF FMV 239,770 239,770
VANGUARD TTL STK MKT-ADM FMV 3,231,594 3,231,594
ANSYS INC FMV 40,817 40,817
CROWN CASTLE INC FMV 25,594 25,594
DOW INC FMV 32,024 32,024
FASTENAL CO FMV 63,065 63,065
KIMBERLY-CLARK CORP FMV 44,704 44,704
GLOBANT SA FMV 52,747 52,747
GSK PLC-SPON ADR FMV 33,456 33,456
ISHARES CORE MSCI EAFE ETF FMV 728,171 728,171
LYONDELLBASELL INDU-CL A FMV 37,581 37,581
RIO TINTO PLC-SPON ADR FMV 42,461 42,461
SEAGATE TECHNOLOGY HOLDINGS FMV 33,942 33,942
TC ENERGY CORP FMV 45,458 45,458
UNILEVER PLC-SPONSORED ADR FMV 32,999 32,999
R & T FDIC INSURED SWEEP FMV 123,398 123,398
PPC AV 1 LLC FMV 2,096,713 2,096,713
EL DORADO MERRILL RANCH LLC FMV 855,528 855,528
RIVER OAKS FINANCIAL FUND FMV 2,663,379 2,663,379
SONORAN WEST II FMV 2,434,656 2,434,656
NORTHSTAR MEZZANINE PARTNERS FMV 899,997 899,997
ARTHUR VENTURES FMV 1,450,386 1,450,386
STERLING MULTIFAMILY TRUST FMV 1,387,050 1,387,050
FORWARD FUND I-A LP FMV 573,239 573,239
SOLAS BIOVENTURES FMV 1,496,143 1,496,143
SOLAS FRANCIS SIDECARE FMV 126,841 126,841
G123 PARTNERS FMV 1,062,500 1,062,500
BLUE MARLIN MB SPV LLC FMV 250,000 250,000

TY 2024 OtherAssetsSchedule
Name:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INCOME 3,490    


TY 2024 OtherExpensesSchedule
Name:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TRAINING AND DEVELOPMENT 12,864 0   12,864
SUPPLIES 72 0   72
GOLF TOURNAMENT EXPENSES 22,686 0   0
OTHER INVESTMENT EXPENSE 311,982 311,982   0
PASSTHROUGH INVESTMENTS 0 713,756   0


TY 2024 OtherIncomeSchedule2
Name:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME FROM PASSTHROUGH INVESTMENTS 0 141,706 0
GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS 42,560   42,560


TY 2024 OtherIncreasesSchedule
Name:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
Description Amount
UNREALIZED GAIN/LOSS 20,492,973
BASIS ADJUSTMENTS TO K-1 2,059,202


TY 2024 OtherProfessionalFeesSchedule
Name:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES 2,888 0   2,888
PROFESSIONAL EXPENSE 443,889 358,116   85,773


TY 2024 TaxesSchedule
Name:
OFFUTT FAMILY FOUNDATION
EIN:
26-6574983
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 135,000 0   0