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
EMBERG CHARITABLE TRUST-MAIN
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 505 MAC H0006-092
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAINT LOUIS, MO63166
A Employer identification number

32-0639221
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$6,716,473J 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) 220,081
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 159,977 148,676  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 62,799
b Gross sales price for all assets on line 6a 746,320
7 Capital gain net income (from Part IV, line 2)... 62,799
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 442,857 211,475  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 73,667 53,798   18,417
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,485 0 0 1,485
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
4,631 4,631   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,962 3,740   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26 1   25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 85,771 62,170 0 19,927
25 Contributions, gifts, grants paid....... 265,000 265,000
26 Total expenses and disbursements. Add lines 24 and 25 350,771 62,170 0 284,927
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 92,086
b Net investment income (if negative, enter -0-) 149,305
c Adjusted net income (if negative, enter -0-)... 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......... 159,037 561,852 561,852
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 951,111 Click to see attachment
List of Attached Documents:
// Content
988,201 		1,924,520
c Investments—corporate bonds (attach schedule)....... 568,919 Click to see attachment
List of Attached Documents:
// Content
539,274 		512,775
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).......... 3,680,208 Click to see attachment
List of Attached Documents:
// Content
3,354,393 		3,717,326
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) 5,359,275 5,443,720 6,716,473
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
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........ 5,359,275 5,443,720
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 5,359,275 5,443,720
30 Total liabilities and net assets/fund balances (see instructions). 5,359,275 5,443,720
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
5,359,275
2
Enter amount from Part I, line 27a .....................
2
92,086
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,559
4
Add lines 1, 2, and 3 ..........................
4
5,452,920
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
9,200
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,443,720
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 157. CHEWY INC   2023-07-21 2024-01-23
b 136. CHEWY INC   2021-04-14 2024-01-23
c 9. PALO ALTO NETWORKS INC   2019-03-28 2024-01-23
d 11. TRACTOR SUPPLY CO COM   2019-03-28 2024-01-23
e 17. CAMDEN PPTY TR SH BEN INT     2024-02-22
9. DECKERS OUTDOOR CORP     2024-02-22
45. SMITH A O CORP CL B     2024-02-22
49. SONOCO PRODS CO     2024-02-22
6. TRACTOR SUPPLY CO COM   2021-11-16 2024-02-22
62. AVANGRID INC   2023-05-17 2024-03-08
52. BOSTON SCIENTIFIC CORP COM   2019-03-28 2024-03-27
41. CENTENE CORP DEL   2023-11-29 2024-03-27
177. CENTENE CORP DEL   2019-03-28 2024-03-27
193. GXO LOGISTICS INC     2024-03-27
122. TWILIO INC     2024-03-27
38. LULULEMON ATHLETICA INC     2024-04-03
30. BALL CORP     2024-05-17
5. LPL FINANCIAL HOLDINGS INC   2023-05-17 2024-05-17
8. MSA SAFETY INC   2021-11-16 2024-05-17
34. MANPOWERGROUP INC     2024-05-17
11. TRACTOR SUPPLY CO COM     2024-05-17
24. WABTEC CORP     2024-05-17
36. ALPHABET INC CL C   2024-04-03 2024-06-27
16. ALPHABET INC CL C   2023-02-21 2024-06-27
5. BROADCOM INC   2019-03-28 2024-06-27
47. CHIPOTLE MEXICAN GRILL INC   2024-03-27 2024-06-27
7. COSTCO WHOLESALE CORP     2024-06-27
15. META PLATFORMS INC   2019-03-28 2024-06-27
32. ESTEE LAUDER COMPANIES INC   2024-04-03 2024-06-27
63. ESTEE LAUDER COMPANIES INC     2024-06-27
2875. SPDR DJ WILSHIRE INTERNATIONAL R ETF   2019-03-28 2024-07-18
3050. SPDR DOW JONES REIT ETF   2019-03-28 2024-07-18
5. SOLAREDGE TECHNOLOGIES INC   2023-08-15 2024-07-18
15. SOLAREDGE TECHNOLOGIES INC     2024-07-18
11. TRACTOR SUPPLY CO COM   2020-12-24 2024-07-18
125. AGCO CORP COM     2024-08-06
14. DANAHER CORP   2023-11-29 2024-08-06
22. INTERCONTINENTAL EXCHANGE INC   2019-03-28 2024-08-06
27. MORGAN STANLEY   2024-04-03 2024-08-06
1. MORGAN STANLEY   2019-03-28 2024-08-06
35. AZENTA INC     2024-08-16
138. COLUMBIA BANKING SYSTEM INC     2024-08-16
50. LKQ CORP   2020-12-24 2024-08-16
12. LPL FINANCIAL HOLDINGS INC     2024-08-16
18. QUEST DIAGNOSTICS INC     2024-08-16
84. WOLFSPEED INC     2024-08-16
40. APPLE INC   2019-03-28 2024-10-10
18. COSTCO WHOLESALE CORP   2022-06-21 2024-10-10
32. NVIDIA CORP   2024-08-06 2024-10-10
7. S&P GLOBAL INC   2019-03-28 2024-10-10
33. AMN HEALTHCARE SERVICES INC     2024-11-18
45. BJ'S WHOLESALE CLUB HOLDINGS     2024-11-18
81. HORACE MANN EDUCATORS CORP NEW     2024-11-18
83. LTC PROPERTIES INC COM     2024-11-18
132. LEVI STRAUSS & CO   2022-02-16 2024-11-18
8. WABTEC CORP   2020-12-24 2024-11-18
25000. SAINT LOUIS CNTY MN 5.000% 12/01/24   2019-03-28 2024-12-01
48. BALL CORP   2022-11-18 2024-12-11
9. INTUITIVE SURGICAL INC   2023-11-29 2024-12-11
6. NETFLIX.COM INC   2019-03-28 2024-12-11
30. SALESFORCE INC   2019-03-28 2024-12-11
9. SERVICENOW INC   2020-12-11 2024-12-11
27. TRADE DESK INC/THE   2023-06-05 2024-12-11
34. VERTIV HOLDINGS LLC   2024-08-06 2024-12-11
52. XPO INC   2022-12-21 2024-12-11
CAPITAL GAIN DIVIDENDS P    
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(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 3,110   5,504 -2,394
b 2,694   11,742 -9,048
c 3,074   716 2,358
d 2,529   1,049 1,480
e 1,615   2,770 -1,155
7,958   2,496 5,462
3,615   3,045 570
2,821   2,948 -127
1,432   1,380 52
2,202   2,392 -190
3,540   1,959 1,581
3,202   2,968 234
13,823   9,331 4,492
10,049   6,083 3,966
7,440   23,812 -16,372
14,316   13,000 1,316
2,106   1,721 385
1,340   982 358
1,506   1,253 253
2,603   3,480 -877
3,039   1,782 1,257
3,994   1,946 2,048
6,719   5,601 1,118
2,986   1,481 1,505
7,922   1,497 6,425
2,967   2,738 229
5,957   3,295 2,662
7,781   2,475 5,306
3,547   4,704 -1,157
6,983   10,580 -3,597
72,994   112,956 -39,962
302,756   301,706 1,050
137   863 -726
411   4,198 -3,787
3,007   1,615 1,392
10,951   18,318 -7,367
3,805   3,128 677
3,302   1,633 1,669
2,505   2,520 -15
93   42 51
1,753   3,708 -1,955
3,295   4,121 -826
2,016   1,814 202
2,631   1,312 1,319
2,731   2,427 304
1,015   8,585 -7,570
9,138   1,885 7,253
16,082   8,273 7,809
4,308   3,373 935
3,602   1,447 2,155
789   4,001 -3,212
3,959   2,752 1,207
3,328   3,270 58
3,150   3,015 135
2,175   3,004 -829
1,554   586 968
25,000   25,000  
2,745   2,634 111
4,892   2,813 2,079
5,626   2,115 3,511
10,743   4,650 6,093
10,338   4,822 5,516
3,617   2,034 1,583
4,298   2,336 1,962
8,156   1,835 6,321
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
      66,548
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       -2,394
b       -9,048
c       2,358
d       1,480
e       -1,155
      5,462
      570
      -127
      52
      -190
      1,581
      234
      4,492
      3,966
      -16,372
      1,316
      385
      358
      253
      -877
      1,257
      2,048
      1,118
      1,505
      6,425
      229
      2,662
      5,306
      -1,157
      -3,597
      -39,962
      1,050
      -726
      -3,787
      1,392
      -7,367
      677
      1,669
      -15
      51
      -1,955
      -826
      202
      1,319
      304
      -7,570
      7,253
      7,809
      935
      2,155
      -3,212
      1,207
      58
      135
      -829
      968
       
      111
      2,079
      3,511
      6,093
      5,516
      1,583
      1,962
      6,321
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 62,799
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 2,075
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 2,075
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 2,075
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 2,056
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,056
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 19
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 arrow0 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowWELLS FARGO BANK NA Telephone no.right arrow (800) 352-3705

Located atright arrow100 N MAIN ST FL 5D4001-052WINSTON SALEMNC ZIP+4right arrow27101
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
WELLS FARGO BANK N A TRUSTEE
1 		73,667    
100 N MAIN ST FL 5D4001-052
WINSTONSALEM,NC27101
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
6,157,394
b
Average of monthly cash balances.......................
1b
300,707
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
6,458,101
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
6,458,101
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
96,872
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,361,229
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
318,061
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
318,061
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,075
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,075
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
315,986
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
315,986
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
315,986
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
284,927
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
284,927
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 7 315,986
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 263,147
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 284,927
a Applied to 2023, but not more than line 2a 263,147
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..... 21,780
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 .......... 		294,206
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.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

MINNESOTA NORTH COLLEGE

1515 E 25TH ST
HIBBING,MN55746 		NONE PC GENERAL OPERATING 115,000

MESABI RANGE COLLEGE FOUNDATION

1001 CHESTNUT ST W
VIRGINIA,MN557923401 		NONE PC GENERAL OPERATING 50,000

NORTHCENTRAL TECHNICAL COLLEGE FOUNDATIO

1000 W CAMPUS DR
WAUSAU,WI544011880 		NONE PC GENERAL OPERATING 80,000

ITASCA COMMUNITY COLLEGE FOUNDATION

1851 E US HIGHWAY 169
GRAND RAPIDS,MN55744 		NONE PC GENERAL OPERATING 20,000
Total .................................right arrow 3a 265,000
bApproved for future payment
Total ................................. right arrow 3b  
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 ....     14 159,977  
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 62,799  
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) ..   222,776  
13Total. Add line 12, columns (b), (d), and (e)..................
13
222,776
(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
EMBERG CHARITABLE TRUST-MAIN
 
Employer identification number

32-0639221
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
EMBERG CHARITABLE TRUST-MAIN
  		Employer identification number
32-0639221
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
EMBERG KERMIT ADMIN TRUST
PO BOX 505 MAAC H0006-092
 
SAINT LOUIS, MO63166

$ 220,081


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
EMBERG CHARITABLE TRUST-MAIN
  		Employer identification number

32-0639221
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
EMBERG CHARITABLE TRUST-MAIN
  		Employer identification number

32-0639221
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:
EMBERG CHARITABLE TRUST-MAIN
EIN:
32-0639221
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,485     1,485

TY 2024 InvestmentsCorpBondsSchedule
Name:
EMBERG CHARITABLE TRUST-MAIN
EIN:
32-0639221
Name of Bond End of Year Book Value End of Year Fair Market Value
550664CY0 LUVERNE MN INDEP SCH 25,926 25,589
791230UU7 SAINT LOUIS CNTY MN    
64544PFW8 NEW HOPE MN 25,862 25,586
559873GD0 MAHNOMEN MN INDEP SC 25,026 24,988
015131ND3 ALEXANDRIA MN INDEP 26,569 26,084
85236DAK4 SAINT PAUL MN HSG & 25,778 25,447
036321M38 ANOKA MN 25,000 24,897
603827WS1 MINNEAPOLIS-SAINT PA 26,531 25,965
792909FA6 SAINT PAUL MN HSG & 27,282 25,775
60416H7V0 MINNESOTA ST HGR EDU 25,807 25,309
822582CD2 SHELL INTERNATIONAL 51,446 45,022
064159VL7 BANK OF NOVA SCOTIA 49,953 49,275
110122DP0 BRISTOL-MYERS SQUIBB 48,564 45,532
808513BT1 CHARLES SCHWAB CORP 49,329 40,786
31359MEU3 FED NATL MTG ASSN 6. 57,131 53,692
91282CEW7 US TREASURY NOTE 3.2 49,070 48,828

TY 2024 InvestmentsCorpStockSchedule
Name:
EMBERG CHARITABLE TRUST-MAIN
EIN:
32-0639221
Name of Stock End of Year Book Value End of Year Fair Market Value
73278L105 POOL CORPORATION 5,695 11,251
697435105 PALO ALTO NETWORKS I 5,332 24,383
45866F104 INTERCONTINENTAL EXC 8,017 16,093
64110L106 NETFLIX INC 11,585 29,414
513272104 LAMB WESTON HOLDINGS 4,508 4,611
29670G102 ESSENTIAL UTILITIES 2,268 1,780
252131107 DEXCOM INC 11,393 19,054
835495102 SONOCO PRODS CO    
G1151C101 ACCENTURE PLC 5,742 11,609
122017106 BURLINGTON STORES IN 6,635 8,552
860630102 STIFEL FINANCIAL COR 3,335 5,622
759351604 REINSURANCE GROUP AM 3,115 5,554
44980X109 IPG PHOTONICS CORP 8,030 3,491
243537107 DECKERS OUTDOOR CORP 1,115 6,093
929740108 WABTEC CORP 1,830 4,740
81762P102 SERVICENOW INC 14,728 29,683
040413106 ARISTA NETWORKS INC    
831865209 SMITH A O CORP CL B    
410867105 HANOVER INS GROUP IN 4,617 5,877
336433107 FIRST SOLAR INC 1,829 3,172
02079K107 ALPHABET INC CL C 32,487 104,932
48020Q107 JONES LANG LASALLE I 5,748 8,354
594918104 MICROSOFT CORP 48,186 137,409
892356106 TRACTOR SUPPLY CO CO 5,435 15,122
501889208 LKQ CORP    
101137107 BOSTON SCIENTIFIC CO 10,927 25,903
532457108 ELI LILLY & CO COM 5,797 27,792
90384S303 ULTA BEAUTY INC 15,448 19,137
235851102 DANAHER CORP 7,567 15,150
21036P108 CONSTELLATION BRANDS 12,346 14,586
88162G103 TETRA TECH INC NEW 4,047 6,175
016255101 ALIGN TECHNOLOGY INC 22,502 18,349
428291108 HEXCEL CORP NEW COM 3,835 4,389
339041105 FLEETCOR TECHNOLOGIE    
34964C106 FORTUNE BRANDS INNOV 8,614 13,188
445658107 HUNT J B TRANS SVCS 5,138 5,802
11135F101 BROADCOM INC 8,386 64,915
109194100 BRIGHT HORIZONS FAMI 6,278 5,543
533900106 LINCOLN ELECTRIC HOL 3,065 4,874
518439104 ESTEE LAUDER COMPANI    
896239100 TRIMBLE INC 17,025 18,372
45688C107 INGEVITY CORP 5,503 3,382
89531P105 TREX COMPANY INC 6,344 5,039
037833100 APPLE INC 24,275 128,966
947890109 WEBSTER FINL CORP WA 5,194 6,350
79466L302 SALESFORCE INC 12,400 26,746
56418H100 MANPOWERGROUP INC    
27579R104 EAST WEST BANCORP IN 4,839 8,140
440327104 HORACE MANN EDUCATOR    
550021109 LULULEMON ATHLETICA    
893641100 TRANSDIGM GROUP INC 8,359 19,009
775133101 ROGERS CORP COM 4,122 2,743
67066G104 NVIDIA CORP 26,994 171,354
09857L108 BOOKING HOLDINGS INC 6,986 19,874
596278101 MIDDLEBY CORP 6,278 5,553
686688102 ORMAT TECHNOLOGIES I 4,477 3,589
92826C839 VISA INC-CLASS A SHR 20,991 42,981
70975L107 PENUMBRA INC 5,847 6,412
553498106 MSA SAFETY INC 4,520 5,139
023135106 AMAZON COM INC COM 49,855 109,914
278865100 ECOLAB INC 11,479 15,699
650111107 NEW YORK TIMES CO CL 6,000 6,246
15135B101 CENTENE CORP DEL    
617446448 MORGAN STANLEY 6,876 20,744
92532F100 VERTEX PHARMACEUTICA 8,290 18,122
983793100 XPO INC 4,114 19,935
169656105 CHIPOTLE MEXICAN GRI 15,353 28,944
50212V100 LPL FINANCIAL HOLDIN 1,558 4,898
05550J101 BJ'S WHOLESALE CLUB 2,060 4,825
30303M102 META PLATFORMS INC 23,141 73,189
78409V104 S&P GLOBAL INC 7,235 17,431
977852102 WOLFSPEED INC    
90138F102 TWILIO INC    
36262G101 GXO LOGISTICS INC    
70438V106 PAYLOCITY HOLDING CO 7,580 6,583
81725T100 SENSIENT TECHNOLOGIE 4,878 3,991
M2682V108 CYBER-ARK SOFTWARE L 4,647 9,661
01749D105 ALLEGRO MICROSYSTEMS 5,476 4,219
114340102 AZENTA INC    
358039105 FRESHPET INC 3,492 5,332
001084102 AGCO CORP COM    
679295105 OKTA INC 32,187 17,966
16679L109 CHEWY INC    
45857P806 INTERCONTINENTAL HOT 2,122 4,622
038336103 APTARGROUP INC COM 3,347 4,870
53803X105 LIVE OAK BANCSHARES 4,940 3,797
29786A106 ETSY INC 6,084 3,015
589889104 MERIT MEDICAL SYS IN 5,179 7,931
22160K105 COSTCO WHOLESALE COR    
83417M104 SOLAREDGE TECHNOLOGI    
237266101 DARLING INGREDIENTS 3,925 1,819
058498106 BALL CORP    
46120E602 INTUITIVE SURGICAL I 12,182 26,098
001744101 AMN HEALTHCARE SERVI    
52736R102 LEVI STRAUSS & CO    
05351W103 AVANGRID INC    
127387108 CADENCE DESIGN SYSTE 15,714 21,633
13646K108 CANADIAN PACIFIC KAN 19,839 19,974
197236102 COLUMBIA BANKING SYS    
25754A201 DOMINOS PIZZA INC 5,689 5,877
426281101 HENRY JACK & ASSOC I 5,824 6,311
55405W104 MYR GROUP INC/DELAWA 7,594 8,331
579780206 MCCORMICK & CO INC N 2,507 2,897
74834L100 QUEST DIAGNOSTICS IN 2,782 3,168
88339J105 TRADE DESK INC/THE 12,520 22,566
920253101 VALMONT INDS INC 5,462 5,827
G4705A100 ICON PLC 5,871 6,082
00724F101 ADOBE INC 20,891 16,898
02005N100 ALLY FINANCIAL INC 3,063 2,629
032654105 ANALOG DEVICES INC 18,429 17,209
040413205 ARISTA NETWORKS INC 7,221 42,444
053611109 AVERY DENNISON CORP 3,876 3,368
20717M103 CONFLUENT INC 2,552 3,243
219948106 CORPAY INC 17,865 22,674
22160N109 COSTAR GROUP, INC 16,500 13,745
23804L103 DATADOG INC 25,474 29,007
268150109 DYNATRACE INC 6,519 7,229
26856L103 ELF BEAUTY INC 2,775 2,511
29261A100 ENCOMPASS HEALTH COR 4,214 4,987
30063P105 EXACT SCIENCES CORP 2,426 2,304
64125C109 NEUROCRINE BIOSCIENC 13,650 13,514
69753M105 PALOMAR HOLDINGS INC 3,405 3,379
82982T106 SITIME CORP 3,197 4,934
89377M109 TRANSMEDICS GROUP IN 3,074 1,683
91324P102 UNITEDHEALTH GROUP I 26,114 25,799
92537N108 VERTIV HOLDINGS LLC 11,266 18,632
98585X104 YETI HOLDINGS INC 2,934 2,811
G0176J109 ALLEGION PLC 2,957 3,006
G6700G107 NVENT ELECTRIC PLC-W 4,263 3,749

TY 2024 InvestmentsOtherSchedule2
Name:
EMBERG CHARITABLE TRUST-MAIN
EIN:
32-0639221
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
133131102 CAMDEN PPTY TR SH BE AT COST 2,434 2,553
68213N109 OMNICELL INC AT COST 8,389 4,630
03875R205 ARBITRAGE FUND CLASS AT COST 175,000 178,025
00191K609 AQR MANAGED FUTURES AT COST 174,811 185,364
00143W859 INV OPP DEVELOP MRKT AT COST 225,009 204,631
72201F516 PIMCO E/M LCL CUR & AT COST 320,440 330,931
31420B847 FED HER OPP HIGH YIE AT COST 380,000 387,782
78464A607 SPDR DOW JONES REIT      
256219106 DODGE & COX STOCK FU AT COST 610,507 858,933
277276101 EASTGROUP PPTYS INC AT COST 4,524 4,333
464287499 ISHARES RUSSELL MID- AT COST 317,325 397,800
64128R608 NEUBERGER BERMAN LON AT COST 100,000 110,685
04314H402 ARTISAN INTERNATIONA AT COST 125,000 111,328
922042858 VANGUARD FTSE EMERGI AT COST 192,361 202,452
46090F100 INVESCO OPTIMUM YIEL AT COST 99,251 86,669
313745101 FEDERAL REALTY INVES AT COST 3,101 3,359
502175102 LTC PROPERTIES INC C      
742537236 PRINCIPAL GL MULT ST AT COST 125,000 121,407
78463X863 SPDR DJ WILSHIRE INT      
704329242 PAYDEN EMER MRKT BON AT COST 197,517 184,369
256206103 DODGE & COX INTL STO AT COST 112,452 138,929
464287465 ISHARES MSCI EAFE ET AT COST 129,070 151,220
229663109 CUBESMART AT COST 2,709 2,957
464287804 ISHARES CORE S&P SMA AT COST 49,493 48,969

TY 2024 OtherDecreasesSchedule
Name:
EMBERG CHARITABLE TRUST-MAIN
EIN:
32-0639221
Description Amount
MUTUAL FUND TIMING ADJ 508
CY PURCHASE OF ACCRUED INTEREST 1,413
ROC ON CY SALES 37
PY RETURN OF CAPITAL ADJUSTMENT 7,242


TY 2024 OtherExpensesSchedule
Name:
EMBERG CHARITABLE TRUST-MAIN
EIN:
32-0639221
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FILING FEE/STATE TAX 25 0   25
INVESTMENT EXPENSES - ADR FEES 1 1   0


TY 2024 OtherIncreasesSchedule
Name:
EMBERG CHARITABLE TRUST-MAIN
EIN:
32-0639221
Description Amount
PY PURCHASE OF ACCRUED INTEREST 1,558
ROUNDING 1


TY 2024 OtherProfessionalFeesSchedule
Name:
EMBERG CHARITABLE TRUST-MAIN
EIN:
32-0639221
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 4,631 4,631    


TY 2024 TaxesSchedule
Name:
EMBERG CHARITABLE TRUST-MAIN
EIN:
32-0639221
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 3,143 3,143   0
FEDERAL TAX PAYMENT - PRIOR YE 166 0   0
FEDERAL ESTIMATES - PRINCIPAL 2,056 0   0
FOREIGN TAXES ON NONQUALIFIED 597 597   0