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
HARDENBERGH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)81 EAST 7TH STREET SUITE 125
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST PAUL, MN55101
A Employer identification number

41-6011826
B Telephone number (see instructions)

(651) 653-4956
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$129,997,092
J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,716,612 2,665,339  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,155,102
b Gross sales price for all assets on line 6a 7,774,404
7 Capital gain net income (from Part IV, line 2)... 2,155,102
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)....... 9,212 8,012  
12 Total. Add lines 1 through 11........ 4,880,926 4,828,453  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 182,269 36,454   145,815
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits....... 26,528 0 0 26,528
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 1,500 0 0 1,500
c Other professional fees (attach schedule).... 523,290 470,961   52,329
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 172,250 16,216   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy.............. 23,402     23,402
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 32,257     32,257
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 961,496 523,631 0 281,831
25 Contributions, gifts, grants paid....... 5,800,750 5,800,750
26 Total expenses and disbursements. Add lines 24 and 25 6,762,246 523,631 0 6,082,581
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,881,320
b Net investment income (if negative, enter -0-) 4,304,822
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............. 42,632 37,822 37,822
2 Savings and temporary cash investments......... 6,572,152 2,764,329 2,764,329
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)....... 26,398,291 Click to see attachment
List of Attached Documents:
// Content
28,542,333
91,203,660
c Investments—corporate bonds (attach schedule)....... 28,918,570 Click to see attachment
List of Attached Documents:
// Content
28,713,225
26,959,627
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).......... 8,378,391 Click to see attachment
List of Attached Documents:
// Content
8,378,391
9,014,512
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
24,692
Click to see attachment
List of Attached Documents:
// Content
17,142
Click to see attachment
List of Attached Documents:
// Content
17,142
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 70,334,728 68,453,242 129,997,092
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........ 70,334,728 68,453,242
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)..... 70,334,728 68,453,242
30 Total liabilities and net assets/fund balances (see instructions). 70,334,728 68,453,242
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
70,334,728
2
Enter amount from Part I, line 27a .....................
2
-1,881,320
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
18,864
4
Add lines 1, 2, and 3 ..........................
4
68,472,272
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
19,030
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
68,453,242
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 500000. AMERICAN HONDA MTN 2.900% 2/16/24   2017-02-15 2024-02-16
b 1. BANK OF AMERICA CORP   1911-11-11 2024-02-21
c 500000. WESTPAC BANKING CORP 3.300% 2/26/24   2019-06-26 2024-02-26
d 500000. EXXON MOBIL CORP 3.176% 3/15/24   2017-02-15 2024-03-15
e 500000. COSTCO WHOLESALE 2.750% 5/18/24   2017-08-07 2024-05-18
13000. BANK OF AMERICA CORP   2012-08-28 2024-05-22
2500. J P MORGAN CHASE & CO   2008-03-20 2024-05-22
1100. MASTERCARD INC   2009-06-23 2024-05-22
1650. PAYCOM SOFTWARE INC   2023-06-12 2024-05-22
12777. PFIZER INC   2009-04-28 2024-05-22
2500. MICROSOFT CORP   2013-07-25 2024-06-06
500000. TORONTO DOMINION MTN 2.650% 6/12/24   2020-08-13 2024-06-12
100000. ORACLE CORP 3.400% 7/08/24   2018-12-07 2024-07-08
400000. CRED SUIS NY MTN 3.625% 9/09/24   2018-12-07 2024-09-09
500000. LOWES COS INC 3.125% 9/15/24   2023-09-21 2024-09-15
500000. SIMON PROPERTY GROUP 3.375% 10/01/24   2018-04-12 2024-10-01
500000. BANK OF NY MTN 2.100% 10/24/24   2020-06-22 2024-10-24
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 500,000   496,065 3,935
b 929     929
c 500,000   518,710 -18,710
d 500,000   508,665 -8,665
e 500,000   505,000 -5,000
516,151   126,720 389,431
498,349   109,357 388,992
505,818   17,437 488,381
295,446   515,103 -219,657
363,973   160,142 203,831
1,053,208   102,683 950,525
500,000   537,770 -37,770
100,000   100,000  
400,000   400,000  
500,000   500,000  
500,000   493,510 6,490
500,000   528,140 -28,140
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
      40,530
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       3,935
b       929
c       -18,710
d       -8,665
e       -5,000
      389,431
      388,992
      488,381
      -219,657
      203,831
      950,525
      -37,770
       
       
       
      6,490
      -28,140
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2,155,102
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 59,837
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 59,837
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 59,837
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 68,296
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 68,296
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 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 8,459
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow8,459 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 arrowHARDENBERGHFOUNDATION.ORG
14
The books are in care ofright arrowTAMRA DAVIS COWNIE Telephone no.right arrow (855) 452-4101

Located atright arrow81 EAST 7TH ST SUITE 125ST PAULMN ZIP+4right arrow55101
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
JON A THEOBALD VICE PRESIDENT/CHAIRMAN
1
0    
157 STONEBRIDGE ROAD
LILYDALE,MN55118
JOHN G COUCHMAN SECRETARY/DIRECTOR
1
0    
1641 NILES AVENUE
ST PAUL,MN55116
TAMRA DAVIS COWNIE PRESIDENT/CEO
40
182,269    
81 EAST 7TH ST SUITE 125
ST PAUL,MN55101
JEFFREY T PETERSON VICE PRESIDENT/DIRECTOR
1
0    
21030 KAROLINE COURT N 6
FOREST LAKE,MN550258399
MARY SCHMID DAUGHERTY TREASURER/DIRECTOR
1
0    
123 MONTROSE PLACE
ST PAUL,MN55104
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
US BANK NA AGENT FOR TRUSTEE 523,290
PO BOX 0634
MILWAUKEE,WI53201
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
120,833,840
b
Average of monthly cash balances.......................
1b
7,905,898
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
128,739,738
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
128,739,738
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,931,096
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
126,808,642
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,340,432
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
6,340,432
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
59,837
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
59,837
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,280,595
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,280,595
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
6,280,595
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
6,082,581
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
6,082,581
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 6,280,595
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,144,124
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$ 6,082,581
a Applied to 2023, but not more than line 2a 1,144,124
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 4,938,457
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 ..........
1,342,138
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).)
NONE
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.
NONE
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 e-mail address of the person to whom applications should be addressed:
TAMRA DAVIS COWNIE
81 EAST 7TH STREET SUITE 125
ST PAUL,MN55101
(651) 653-4956
bThe form in which applications should be submitted and information and materials they should include:
GRANT REQUESTS MUST INCLUDE A SUCCINCT 3-5 PAGE LETTER PROVIDING INFORMATION ABOUT THE ORGANIZATION, FINANCIAL STATEMENT (OR FORM 990) AND COPY OF IRS DETERMINATION LETTER
cAny submission deadlines:
OCTOBER 15TH
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE FOOTNOTES
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

BRIDGING INC

200 W 88TH ST 5
BLOOMINGTON,MN55420
NONE PC GENERAL OPERATING 15,000

NEIGHBORHOOD HOUSE

1225 SOUTH WELLER STREET
SEATTLE,WA98144
NONE PC GENERAL OPERATING 25,000

CHILDRENS DENTAL SERVICES

636 BROADWAY STREET NE
MINNEAPOLIS,MN55413
NONE PC GENERAL OPERATING 15,000

ST PAUL CHAMBER ORCHESTRA

408 ST PETER STREET 3RD FLOOR
ST PAUL,MN55102
NONE PC GENERAL OPERATING 10,000

MINNESOTA TECH FOR SUCCESS

504 MALCOLM AVE SE 100
MINNEAPOLIS,MN55414
NONE PC GENERAL OPERATING 10,000

CITY OF WHITE BEAR LAKE

4701 HIGHWAY 61
WHITE BEAR LAKE,MN55110
NONE PC MANITOU DAYS OPERATING 5,000

VALLEE DE CROIX

1616 OLIVE ST W
STILLWATER,MN55082
NONE PC GENERAL OPERATING 7,500

OPEN CUPBOARD

8264 4TH STREET NORTH
OAKDALE,MN55128
NONE PC HARVEST MARKET CONSTRUCTION 210,000

JOSEPHS COAT

PO BOX 16187
ST PAUL,MN55116
NONE PC GENERAL OPERATING 10,000

WASHINGTON COUNTY HISTORICAL SOCIETY

320 S 5TH AVE
WEST BEND,WI53095
NONE PC PHASE II - HERITAGE CENTER 120,000

COMMUNITY DENTAL CARE

1670 BEAM AVE STE 204
MAPLEWOOD,MN551091227
NONE PC NEW FACILITY CAPITAL 765,000

EAST SIDE LEARNING CENTER

290 ARUNDEL ST
SAINT PAUL,MN551032401
NONE PC GENERAL OPERATING 10,000

ST PAUL PARKS CONSERVANCY

380 JACKSON STREET 287
ST PAUL,MN55101
NONE PUBLIC EQUAL PLAY INITIATIVE 110,000

TUBMAN

3111 FIRST AVENUE SOUTH
MINNEAPOLIS,MN55408
NONE PC GENERAL OPERATING 15,000

INTERFAITH ACTION OF GREATER ST PAUL

1800 RANDOLPH AVE
ST PAUL,MN55105
NONE PC DEPARTMENT OF INDIAN WORK 10,000

CHILDRENS LAW CENTER

44 COURT STREET 11TH FLOOR
BROOKLYN,NY112014411
NONE PC GENERAL OPERATING 10,000

ST PAUL URBAN TENNIS

1675 FIFTH STREET EAST
ST PAUL,MN55106
NONE PC GENERAL OPERATING 10,000

PEOPLE INCORPORATED

2060 CENTRE POINTE BLVD SUITE 3
ST PAUL,MN55120
NONE PC GENERAL OPERATING 20,000

DAILY WORK

105 UNIVERSITY AVE W
SAINT PAUL,MN551032028
NONE PC GENERAL OPERATING 15,000

FACE TO FACE HEALTH AND COUNSELING

1165 ARCADE S
ST PAUL,MN55106
NONE PC GENERAL OPERATING 15,000

AMPERSAND FAMILIES

1751 WEST COUNTY ROAD B 300
ROSEVILLE,MN551130000
NONE PC GENERAL OPERATING 15,000

COLLEGE POSSIBLE MINNESOTA

540 FAIRVIEW AVENUE N SUITE 201
STPAUL,MN55104
NONE PC GENERAL OPERATING 20,000

GOODWILL-EASTER SEALS MINNESOTA

553 FAIRVIEW AVENUE N
ST PAUL,MN55104
NONE PC GENERAL OPERATING 20,000

EPILEPSY FOUNDATION

7760 FRANCE AVENUE S SUITE 210
BLOOMINGTON,MN55435
NONE PC CAMP OZ GENERAL OPERATIONS 10,000

PARTNERSHIP PLAN

1875 SOUTH GREELY STREET
STILLWATER,MN55082
NONE PC GENERAL OPERATING 10,000

FRESH HARVEST PANTRY

1830 HANLEY RD SUITE 300
HUDSON,WI54016
NONE PC GENERAL OPERATING 5,000

GENESYS WORKS

445 MINNESOTA ST SUITE 720
ST PAUL,MN55101
NONE PC GENERAL OPERATING 10,000

MONTESSORI CENTER OF MINNESOTA

1611 AMES AVENUE
ST PAUL,MN55106
NONE PC GENERAL OPERATING 15,000

HALLIE Q BROWN COMMUNITY CENTER

270 KENT ST
ST PAUL,MN55102
NONE PC GENERAL OPERATING 15,000

HAMM CLINIC

408 SAINT PETER ST SUITE 429
ST PAUL,MN55102
NONE PC GENERAL OPERATING 7,500

ILLUSION THEATER

528 HENNEPIN AVE STE 704
MINNEAPOLIS,MN55403
NONE PC GENERAL OPERATING 7,500

POLK COUNTY HISTORICAL SOCIETY

PO BOX 41
BALSAM LAKE,WI54810
NONE PC GENERAL OPERATING 10,000

URBAN BOATBUILDERS

2288 UNIVERSITY AVE W
ST PAUL,MN55114
NONE PC GENERAL OPERATING 15,000

RAMSEY COUNTY HISTORICAL SOCIETY

323 LANDMARK CENTER
ST PAUL,MN55102
NONE PC GENERAL OPERATING 20,000

MICROGRANTS

1035 EAST FRANKLIN AVE
MINNEAPOLIS,MN55404
NONE PC GENERAL OPERATING 10,000

NORTHERN STAR SCOUTING

6202 BLOOMINGTON RD
FORT SNELLING,MN55111
NONE PC GENERAL OPERATING 25,000

INTERFAITH CAREGIVERS OF POLK COUNTY

2000 US8 ST
CROIX FALLS,WI54024
NONE PC GENERAL OPERATING 5,000

SANNEH FOUNDATION

2090 CONWAY ST
ST PAUL,MN55119
NONE PC BUILDING FOR TOMORROW 215,000

LISTENING HOUSE

215 NINTH STREET WEST
ST PAUL,MN55102
NONE PC PHASE 2 COMPLETION COSTS 350,000

PROJECT FOR PRIDE IN LIVING

1035 EAST FRANKLIN AVENUE
MINNEAPOLIS,MN55404
NONE PC GENERAL OPERATING 20,000

PUBLIC ART ST PAUL

351 KELLOGG BOULEVARD EAST
SAINT PAUL,MN551011411
NONE PC GENERAL OPERATING 5,000

GUILD

130 SOUTH WABASHA STREET SUITE 90
SAINT PAUL,MN551071819
NONE PC GENERAL OPERATING 17,500

EVOLVE FAMILY SERVICES

5850 OMAHA AVENUE N
STILLWATER,MN55082
NONE PC GENERAL OPERATING 7,500

COMPAS

75 5TH STREET WEST STE 304
SAINT PAUL,MN551201496
NONE PC GENERAL OPERATING 10,000

AIN DAH YUNG CENTER

1089 PORTLAND AVE
ST PAUL,MN55104
NONE PC GENERAL OPERATING 15,000

KAREN ORGANIZATION OF MINNESOTA

2353 RICE ST SUITE 240
ROSEVILLE,MN55113
NONE PC GENERAL OPERATING 15,000

URBAN ROOTS

463 MARIA AVE SUITE 207
ST PAUL,MN55106
NONE PC GENERAL OPERATING 10,000

YOUTH FARM

128 WEST 33RD ST SUITE 2
MINNEAPOLIS,MN55408
NONE PC GENERAL OPERATING 7,500

MINNDEPENDENT

5200 WILLSON ROAD SUITE 310
EDINA,MN55424
NONE PC GENERAL OPERATING 25,000

ORDWAY

345 WASHINGTON STREET
ST PAUL,MN55102
NONE PC GENERAL OPERATING 15,000

NEIGHBORHOOD DEVELOPMENT CENTER

663 UNIVERSITY AVE SUITE 200
ST PAUL,MN55104
NONE PC GENERAL OPERATING 10,000

LITERACY MINNESOTA

700 RAYMOND AVE STE 180
SAINT PAUL,MN551141780
NONE NONE GRANT 15,000

TRUST FOR PUBLIC LAND

23 GEARY ST STE 10
SAN FRANCISCO,CA941085751
NONE PC MAXFIELD ELEMENTARY 100,000

MINNESOTA YOUTH SYMPHONIES

790 CLEVELAND AVE S STE 203
SAINT PAUL,MN551161958
NONE PC GENERAL OPERATING 7,500

METROPOLITAN STATE UNIVERSITY FOUNDATION

700 EAST SEVENTH ST SUITE 218 FOUN
ST PAUL,MN551065000
NONE PC PURCHASE NURSING SIMULATION 120,000

AMERICAN COMPOSERS FORUM

75 5TH ST W STE 522
SAINT PAUL,MN551021439
NONE PC GENERAL OPERATING 7,500

ARTS PARTNERSHIP

345 WASHINGTON ST
SAINT PAUL,MN551021419
NONE PC GENERAL OPERATING 10,000

UJAMAA PLACE

1821 UNIVERSITY AVE W STE N257
SAINT PAUL,MN551042870
NONE PC GENERAL OPERATING 25,000

BRIDGING HEARTS

4800 HARRIET AVE
MINNEAPOLIS,MN554195436
NONE PC GENERAL OPERATING 10,000

REPOWERED

860 VANDALIA ST
SAINT PAUL,MN55114
NONE PC GENERAL OPERATING 15,000

VALLEY FRIENDSHIP CLUB

PO BOX 2304
STILLWATER,MN550822304
NONE PC GENERAL OPERATING 10,000

WALKER WEST MUSIC ACADEMY

760 SELBY AVE
ST PAUL,MN55104
NONE PC PHASE II OF YOUR 250,000

NATIONAL COUNCIL OF YOUNG MENS CHRISTIAN
ASSOCIATION
101 N WACKER DR FL 16
CHICAGO,IL606067310
NONE PC MIDWAY CHILD FAMILY 260,000

ST PAUL & RAMSEY COUNTY DOMESTIC ABUSE
INTERVENTION PROGRAM
394 DAYTON AVE
ST PAUL,MN55102
NONE PC GENERAL OPERATING 7,500

THERESA LIVING CENTER

917 JESSAMINE AVE E
SAINT PAUL,MN551062638
NONE PC GENERAL OPERATING 15,000

SOLID GROUND

3521 CENTURY AVENUE NORTH
WHITE BEAR,MN551105689
NONE PC EAST METRO PLACE CAPITAL 100,000

CANVAS HEALTH

7066 STILLWATER BOULEVARD N
OAKDALE,MN55128
NONE PC BUILDING IMPROVEMENTS & 177,000

YOUTH SERVICE BUREAU

2901 NORMANDY RD
SPRINGFIELD,IL627034358
NONE PC GENERAL OPERATING 15,000

CLUE (COMUNIDADES LATINAS UNIDAS EN SERV

797 EAST SEVENTH ST
ST PAUL,MN55106
NONE PC GENERAL OPERATING 15,000

BIG BROTHERS BIG SISTERS

OF SHEBOYGAN COUNTY INC
SHEBOYGAN,WI53081
NONE PC GENERAL OPERATING 10,000

NORTH STAR MUSEUM OF BOY & GIRL SCOUTING

2640 SEVENTH AVENUE E
NORTH ST PAUL,MN551093103
NONE PC GENERAL OPERATING 15,000

ST PAUL & MINNESOTA FOUNDATION

101 EAST FIFTH ST SUITE 2400
ST PAUL,MN551011800
NONE PC COMMUNITY SHARING FUND 20,000

MERRICK COMMUNITY SERVICES

1669 ARCADE ST STE 4
SAINT PAUL,MN551061054
NONE PUBLIC TECHNOLOGY UPGRADES 125,000

INTERNATIONAL INSTITUTE OF MINNESOTA

1694 COMO AVE
SAINT PAUL,MN551082710
NONE PC GENERAL OPERATING 15,000

MINNESOTA HISTORICAL SOCIETY

345 KELLOGG BLVD W
SAINT PAUL,MN551021903
NONE PC GENERAL OPERATING 15,000

MINNESOTA MUSEUM OF AMERICAN ART

350 ROBERT STREET NORTH
SAINT PAUL,MN551011512
NONE PC GENERAL OPERATING 10,000

MINNESOTA ACADEMY OF SCIENCE

970 RAYMOND AVE STE 103
SAINT PAUL,MN551141164
NONE PC GENERAL OPERATING 5,000

EMMA NORTON SERVICES

2265 HILLCREST AVE
ST PAUL,MN55116
NONE PC RESTORING WATERS CAPSTONE 50,000

SUMMIT ACADEMY OIC

935 OLSON MEMORIAL HWY
MINNEAPOLIS,MN554051359
NONE PC GENERAL OPERATING 20,000

COMMUNITY THREAD

2300 WEST ORLEANS STREET
STILLWATER,MN550820000
NONE NONE NEW FLOORING 45,000

BELWIN CONSERVANCY

1553 STAGECOACH TRL S
AFTON,MN550019703
NONE PC GENERAL OPERATING 100,000

FRIENDS CO

2550 UNIVERSITY AVENUE WEST
SAINT PAUL,MN551141052
NONE PC GENERAL OPERATING 15,000

SCIENCE FROM SCIENTISTS

9001 EAST BLOOMINGTON FREEWAY STE
BLOOMINGTON,MN55420
NONE PC GENERAL OPERATING 10,000

MINNESOTA BOYCHOIR

75 5TH ST W STE 411
SAINT PAUL,MN551021414
NONE PC GENERAL OPERATING 7,500

PARK SQUARE THEATRE

20 WEST 7TH PLACE
ST PAUL,MN55102
NONE PC GENERAL OPERATING 20,000

MINNESOTA HUMANITIES CENTER

987 IVY AVE E
SAINT PAUL,MN551062046
NONE PC GENERAL OPERATING 15,000

MINNESOTA CHILDRENS MUSEUM

10 7TH W ST
SAINT PAUL,MN551020000
NONE PC GENERAL OPERATING 15,000

ACHIEVE TWIN CITIES

404 S 8TH STREET SUITE 105
MINNEAPOLIS,MN554041027
NONE PC GENERAL OPERATING 15,000

VALLEY OUTREACH

1911 CURVE CREST BLVD W
STILLWATER,MN550826063
NONE PC GENERAL OPERATING 15,000

TRUE FRIENDS

10509 108TH ST NW
ANNANDALE,MN553022912
NONE PC GENERAL OPERATING 15,000

WORKS MUSEUM

9740 GRAND AVENUE S
BLOOMINGTON,MN55420
NONE PC GENERAL OPERATING 15,000

HMONG AMERICAN PARTNERSHIP

394 UNIVERSITY AVENUE W 2ND FLOOR
SAINT PAUL,MN551031933
NONE PC HAP ACADEMY OIC FACILITY 50,000

SPRINGBOARD FOR THE ARTS

262 UNIVERSITY AVE W
SAINT PAUL,MN551032047
NONE PC GENERAL OPERATING 15,000

HIGHLAND FRIENDSHIP CLUB

PO BOX 16437
SAINT PAUL,MN551160437
NONE PC GENERAL OPERATING 10,000

FRIENDS OF THE MISSISSIPPI RIVER

106 W WATER ST STE 600
SAINT PAUL,MN551072032
NONE PC GENERAL OPERATING 10,000

JEREMIAH PROGRAM

729 WASHINGTON AVE N STE 600
MINNEAPOLIS,MN554011118
NONE PC GENERAL OPERATING 15,000

PORTICO HEALTHNET

2925 CHICAGO AVENUE SOUTH STE 094
MINNEAPOLIS,MN554071321
NONE PC GENERAL OPERATING 7,500

OSIRIS ORGANIZATION

950 FULLER AVE APT 1
SAINT PAUL,MN551045079
NONE PC GENERAL OPERATING 10,000

PEACEMAKER MINNESOTA

2131 FAIRVIEW AVE N
ROSEVILLE,MN551135416
NONE PC GENERAL OPERATING 7,500

OPPORTUNITY NEIGHBORHOOD

PO BOX 953
ELK RIVER,MN553300953
NONE PC GENERAL OPERATING 10,000

MUSIC ST CROIX

522 OAK ST W
STILLWATER,MN550825623
NONE NONE GRANT 7,500

GREAT RIVER GREENING

251 STARKEY ST STE 2200
SAINT PAUL,MN551071874
NONE PC GENERAL OPERATING 10,000

COMO FRIENDS

1225 ESTABROOK DR
SAINT PAUL,MN551031022
NONE PC GENERAL OPERATING 10,000

MINNESOTA RECOVERY CONNECTION

800 TRANSFER RD STE 31
SAINT PAUL,MN551141414
NONE PC GENERAL OPERATING 5,000

RIVER VALLEY RIDERS

8362 TAMARACK VLG STE 119 PMB 440
WOODBURY,MN551253392
NONE PC GENERAL OPERATING 10,000

FAMILY VALUES FOR LIFE

1280 ARCADE ST
SAINT PAUL,MN551062067
NONE PC GENERAL OPERATING 15,000

CAMP ODAYIN

3503 HIGH POINT DRIVE N SUITE 250
OAKDALE,MN551287577
NONE PC GENERAL OPERATING 15,000

GREATER TWIN CITIES YOUTH SYMPHONIES

408 SAINT PETER ST STE 300
SAINT PAUL,MN551021123
NONE PC GENERAL OPERATING 7,500

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK ST SE STE 500
MINNEAPOLIS,MN554552010
NONE PC GENERAL OPERATING 7,500

MINNESOTA ASSISTANCE COUNCIL FOR VETERAN

1000 UNIVERSITY AVENUE W SUITE 10
ST PAUL,MN55104
NONE PC GENERAL OPERATING 5,000

BREAKTHROUGH TWIN CITIES

2051 LARPENTEUR AVE E
SAINT PAUL,MN551094717
NONE PC GENERAL OPERATING 10,000

JK MOVEMENT

1063 IGLEHART AVE
SAINT PAUL,MN551045431
NONE PC GENERAL OPERATING 5,000

PAI

3700 HIGHWAY 61 N SUITE 200
WHITE BEAR LAKE,MN55110
NONE PC FUNCTIONAL OUTDOOR SPACE 60,000

CATHOLIC SCHOOLS CENTER OF EXCELLENCE

6600 FRANCE AVE S STE 520
EDINA,MN554351822
NONE PC GENERAL OPERATING 10,000

MODEL CITIES

839 UNIVERSITY AVENUE W
ST PAUL,MN551044808
NONE PC SAFE SPACE EMERGENCY 50,000

CONNECT CENTER

609 FIFTH STREET S
STILLWATER,MN55082
NONE PC GENERAL OPERATING 20,000

CHURCH OF THE ASSUMPTION

51 WEST SEVENTH STREET
ST PAUL,MN55102
NONE PC GENERAL OPERATING 20,000

NATIONAL INVENTORS HALL OF FAME

3701 HIGHLAND PARK NW
NORTH CANTON,OH447204535
NONE PC GENERAL OPERATING CAMP 10,000

ARC MINNESOTA

800 TRANSFER RD STE 7A
ST PAUL,MN551141414
NONE PC GENERAL OPERATING 15,000

JEWISH FAMILY SERVICE OF ST PAUL

1633 WEST SEVENTH ST
ST PAUL,MN55102
NONE PC GENERAL OPERATING 15,000

GIRL SCOUTS RIVER VALLEY

400 ROBERT STREET S
ST PAUL,MN55107
NONE PC GENERAL OPERATING 25,000

ELPIS ENTERPRISES

2161 UNIVERSITY AVE W STE 112
SAINT PAUL,MN551141319
NONE PC GENERAL OPERATING 15,000

FRIENDS OF THE ST PAUL PUBLIC LIBRARY

332 MINNESOTA ST SUITE W1420
ST PAUL,MN55101
NONE PC GENERAL OPERATING 10,000

BOYS & GIRLS CLUBS OF THE TWIN CITIES

690 JACKSON ST
ST PAUL,MN55130
NONE PC GENERAL OPERATING 10,000

SMALL SUMS

1549 UNIVERSITY AVENUE W SUITE 300
ST PAUL,MN55104
NONE PC GENERAL OPERATING 10,000

YOUNG WOMENS CHRISTIAN ASSOCIATION

503 CASTROVILLE RD
SAN ANTONIO,TX782373131
NONE PC GENERAL OPERATING 20,000

READING PARTNERS

638 3RD ST
OAKLAND,CA946073551
NONE PC GENERAL OPERATING 15,000

FAMILYMEANS

1875 NORTHWESTERN AVENUE
STILLWATER,MN55082
NONE PC GENERAL OPERATING 25,000

SOUTHERN MINNESOTA REGIONAL LEGAL SERVIC

55 EAST FIFTH ST SUITE 800
ST PAUL,MN55101
NONE PC GENERAL OPERATING 20,000

FIREFIGHTERS FOR HEALING

PO BOX 374
CHAMPLIN,MN553160374
NONE PC CAMP RED GENERAL OPERATIONS 10,000

HOPE DENTAL CLINIC

800 MINNEHAHA AVE E STE 465
ST PAUL,MN55106
NONE PC GENERAL OPERATIONS 15,000

BIG IDEAS INC

23 SOUTH MINNESOTA ST
NEW ULM,MN560730000
NONE PC GENERAL OPERATING 10,000

WILDFLYER COFFEE

3262 MINNEHAHA AVE
MINNEAPOLIS,MN554062419
NONE PC GENERAL OPERATING 10,000

RIVER VALLEY TRAILS

PO BOX 682
HUDSON,WI54016
NONE PC PURCHASE OF ACTION 50,000

FOSTER ADVOCATES

1425 MINNEHAHA AVE E 60076
ST PAUL,MN551065059
NONE PC GENERAL OPERATING 10,000

OPEN ARMS

380 EAST LAFAYETTE FRONTAGE RD
ST PAUL,MN55107
NONE PC ST. PAUL KITCHEN AIR 100,000

SCANDIA HERITAGE ALLIANCE

PO BOX 159
SCANDIA,MN550730159
NONE PC START-UP OPERATING EXPENSES 20,000

GREAT RIVER PASSAGE CONSERVANCY

370 WABASHA ST N
SAINT PAUL,MN551021325
NONE PC GENERAL OPERATING 25,000

UNION GOSPEL MISSION TWIN CITIES

376 WESTERN AVENUE N
ST PAUL,MN55103
NONE PC GENERAL OPERATING 7,500

DRAWER

2935 WEST SERVICE RD
EAGAN,MN55121
NONE PC WAREHOUSE STORAGE & 40,000

RISE UP HEALTH CLINICS

5045 DIVISION AVE
WHITE BEAR LK,MN551102663
NONE PC GENERAL OPERATING 10,000

VALLEY CHAMBER CHORALE

1231 E CAMBRIDGE AVE
PHOENIX,AZ850061102
NONE PC GENERAL OPERATING 7,500

HISTORY THEATRE

119 DYCHES DR
SAVANNAH,GA314065705
NONE PC GENERAL OPERATING 3,750

HABITAT FOR HUMANITY INTERNATIONAL INC

322 W LAMAR ST
AMERICUS,GA317093543
NONE PC THE HEIGHTS HOUSING 350,000

KEYSTONE COMMUNITY SERVICES

2000 ST ANTHONY AVE
ST PAUL,MN55104
NONE PC GENERAL OPERATING 25,000

LAKES CENTER FOR YOUTH & FAMILIES

200 FOURTH STREET SW
FOREST LAKE,MN55025
NONE PC GENERAL OPERATING 15,000

LUTHERAN SOCIAL SERVICES

2485 COMO AVE
ST PAUL,MN55108
NONE PC CAMP KNUTSON GENERAL 15,000

LUTHERAN SOCIAL SERVICES

2485 COMO AVE
ST PAUL,MN55108
NONE PC CHILDREN'S HOME SOCIETY 12,500

LUTHERAN SOCIAL SERVICES

2485 COMO AVE
ST PAUL,MN55108
NONE PC YOUTH & FAMILY SERVICES 15,000

LUTHERAN SOCIAL SERVICES

2485 COMO AVE
ST PAUL,MN55108
NONE PC CENTER FOR CHANGING LIVES 350,000

IMMIGRANT LAW CENTER

450 NORTH SYNDICATE ST SUITE 200
ST PAUL,MN55104
NONE PC GENERAL OPERATING 10,000

LANDMARK CENTER

75 WEST FIFTH ST STE 404
ST PAUL,MN551021498
NONE PC GENERAL OPERATING 15,000
Total .................................right arrow 3a 5,800,750
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 2,716,612  
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 2,155,102  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME
    1 8,012  
bVISA CASH REWARDS     1 1,200  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   4,880,926  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,880,926
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

TY 2024 InvestmentsCorpBondsSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Name of Bond End of Year Book Value End of Year Fair Market Value
68389XAU9 ORACLE CORP    
22160KAL9 COSTCO WHOLESALE    
02665WBP5 AMERICAN HONDA MTN    
828807CS4 SIMON PROPERTY GROUP    
30231GAC6 EXXON MOBIL CORP    
22546QAP2 CRED SUIS NY MTN    
375558BF9 GILEAD SCIENCES INC 512,335 494,010
808513AX3 CHARLES SCHWAB CORP 533,990 498,605
961214EC3 WESTPAC BANKING CORP    
88579YAR2 3M COMPANY MTN 518,475 494,780
06406RAL1 BANK OF NY MTN    
882508BC7 TEXAS INSTRUMENTS 566,215 479,255
747525AU7 QUALCOMM INC 559,845 486,305
89114QCA4 TORONTO DOMINION MTN    
89236TGX7 TOYOTA MOTOR MTN 549,705 498,070
46625HRV4 JP MORGAN CHASE CO 548,030 487,150
166764BL3 CHEVRON CORP 557,280 490,235
191216DJ6 COCA COLA CO 494,775 455,240
009158BB1 AIR PRODUCTS 510,495 488,150
70450YAE3 PAYPAL HOLDINGS INC 544,770 457,130
91324PDE9 UNITEDHEALTH GROUP 544,450 478,515
717081EP4 PFIZER INC 559,010 484,055
79466LAF1 SALESFORCE COM INC 561,510 486,905
74340XBN0 PROLOGIS LP L P 517,760 473,705
06368FAC3 BANK OF MONTREAL MTN 496,695 472,735
0641593U8 BANK NOVA SCOTIA 498,795 479,805
038222AJ4 APPLIED MATERIALS 561,120 497,710
172967KN0 CITIGROUP INC 548,790 491,380
61761J3R8 MORGAN STANLEY MTN 540,825 488,420
110122BB3 BRISTOL MYERS 553,400 487,800
38141GWB6 GOLDMAN SACHS GROUP 537,785 490,660
24422ETW9 JOHN DEERE MTN 541,015 479,150
756109AU8 REALTY INCOME CORP 549,495 482,750
020002BD2 ALLSTATE CORP 536,955 488,500
126408HM8 CSX CORP 572,865 489,570
440452AH3 HORMEL FOODS CORP 508,430 452,925
039483BL5 ARCHER DANIELS 530,670 483,305
74460DAD1 PUBLIC STORAGE 547,950 471,815
20030NCH2 COMCAST CORP 555,620 479,970
037833DP2 APPLE INC 450,315 448,990
370334CF9 GENERAL MILLS INC 500,020 498,675
42824CAW9 HP ENTERPRISE CO 509,255 499,960
291011BQ6 EMERSON ELEC CO 448,500 451,470
14040HBN4 CAPITAL ONE 473,690 488,165
822582CB6 SHELL INTERNATIONAL 496,265 485,715
14913R2H9 CATERPILLAR FINL MTN 456,590 483,925
10373QAB6 BP CAP MARKETS 484,860 497,740
126650DX5 CVS HEALTH CORP 483,500 488,320
458140AN0 INTEL CORP 469,520 448,715
45866FAW4 INTERCONTINENTAL 485,610 479,807
459200KU4 INTERNATIONAL 464,725 477,650
501044BZ3 KROGER CO THE 582,110 560,735
548661DD6 LOWES COS INC    
70109HAM7 PARKER HANNIFIN MTN 467,220 462,855
883556CX8 THERMO FISHER 488,220 497,270
92343VEA8 VERIZON 476,970 471,195
94106LBS7 WASTE MGMT INC 457,935 472,515
02665WEZ0 AMERICAN HONDA MTN 486,465 480,680
053332BD3 AUTOZONE INC 478,055 479,710
05723KAG5 BAKER HUGHES LLC CO 475,690 461,545
17252MAQ3 CINTAS CORP 467,015 467,890
29736RAV2 LAUDER ESTEE COS 494,465 491,455
49271VAJ9 KEURIG DR PEPPER 473,660 457,295
68389XCE3 ORACLE CORP 456,695 439,970
776696AH9 ROPER TECHNOLOGIES 507,660 487,325
78016HZQ6 ROYAL BK CDA MTN 519,160 491,450

TY 2024 InvestmentsCorpStockSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Name of Stock End of Year Book Value End of Year Fair Market Value
037833100 APPLE INC 40,839 4,883,190
437076102 HOME DEPOT INC 1,081,118 3,267,516
G6095L109 APTIV PLC    
H1467J104 CHUBB LIMITED COM 562,325 2,735,370
56585A102 MARATHON PETROLEUM C 815,211 2,211,075
594918104 MICROSOFT CORP 457,031 6,111,750
02079K305 ALPHABET INC CL A 441,155 4,448,550
893641100 TRANSDIGM GROUP INC 239,504 1,609,446
002824100 ABBOTT LABORATORIES 32,901 1,526,985
478160104 JOHNSON JOHNSON 309,497 867,720
717081103 PFIZER INC    
654106103 NIKE INC 113,569 582,659
931142103 WAL MART STORES INC 444,936 2,032,875
57636Q104 MASTERCARD INC 96,218 3,196,280
91324P102 UNITEDHEALTH GROUP I 430,649 3,418,096
46625H100 J P MORGAN CHASE CO 398,538 2,804,607
22160K105 COSTCO WHOLESALE COR 782,305 4,764,604
247361702 DELTA AIR LINES INC 923,023 1,264,450
79466L302 SALESFORCE COM INC 968,386 3,978,527
907818108 UNION PACIFIC CORP 498,245 1,482,260
539830109 LOCKHEED MARTIN CORP 570,005 1,409,226
03027X100 AMERICAN TOWER CORP 1,025,943 1,348,064
023135106 AMAZON.COM INC 392,328 5,748,018
060505104 BANK OF AMERICA CORP 684,679 2,680,950
81762P102 SERVICENOW INC 263,063 3,180,360
816851109 SEMPRA COM 256,927 456,144
28176E108 EDWARDS LIFESCIENCES 239,744 590,759
808513105 SCHWAB CHARLES CORP 738,300 1,280,373
15135B101 CENTENE CORP COM 1,049,687 1,043,188
110122108 BRISTOL MYERS SQUIBB 561,795 568,428
012653101 ALBEMARLE CORP 1,234,506 1,549,440
92826C839 VISA INC 501,000 884,912
17275R102 CISCO SYSTEMS INC 497,630 686,720
57667L107 MATCH GROUP INC NEW 501,078 189,718
09247X101 BLACKROCK INC    
776696106 ROPER TECHNOLOGIES I 752,595 862,951
009066101 AIRBNB INC CL A 272,109 262,820
67066G104 NVIDIA CORP 836,472 6,882,363
65339F101 NEXTERA ENERGY INC 998,702 952,760
87612E106 TARGET CORP COM 1,004,193 878,670
G5960L103 MEDTRONIC PLC 499,951 387,418
697435105 PALO ALTO NETWORKS I 567,469 1,149,987
617446448 MORGAN STANLEY COM N 501,343 722,890
70432V102 PAYCOM SOFTWARE INC    
90353T100 UBER TECHNOLOGIES IN 761,922 838,448
09290D101 BLACKROCK INC COM 1,501,796 2,009,216
30303M102 FACEBOOK INC A 1,070,897 1,288,122
532457108 ELI LILLY CO 499,624 482,500
92537N108 VERTIV HOLDINGS CO 493,864 624,855
G3265R107 APTIV PLC COM SHS 1,629,261 1,058,400

TY 2024 InvestmentsOtherSchedule2
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
641233200 NEUBERGER BERMAN GEN AT COST 1,427,499 1,891,571
46432F842 ISHARES CORE MSCI EA AT COST 5,093,377 5,163,542
46434G103 ISHARES CORE MSCI EM AT COST 1,857,515 1,959,399

TY 2024 OtherAssetsSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
MUTUTAL FUND TIMING DIFFERENCE   0 0
000000000 MISCELLANEOUS ENTRY 24,692 17,142 17,142


TY 2024 OtherDecreasesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Description Amount
CY PURCHASE OF ACCRUED INTEREST 7,472
PY ROC ADJUSTMENT 101
PY VISA TIMING ADJUSTMENT 10,257
REBATE RECEIVED 1,200


TY 2024 OtherExpensesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WEBSITE FEES 510 0   510
STATE FILING FEE/TAX 25 0   25
INTERNET 3,348 0   3,348
MEETING EXPENSES 599 0   599
EXPENSE REIMBURSEMENT 544 0   544
OFFICE SUPPLIES 6,703 0   6,703
TELEPHONE 1,029 0   1,029
PROFESSIONAL FEES 2,122 0   2,122
PARKING EXPENSES 1,853 0   1,853
POSTAGE EXPENSES 541 0   541
PAYROLL FEES 1,761 0   1,761
PAYROLL TAXES PAID 13,222 0   13,222


TY 2024 OtherIncomeSchedule2
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 8,012 8,012  
VISA CASH REWARDS 1,200 0  


TY 2024 OtherIncreasesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Description Amount
PY PURCHASE OF ACCRUED INTEREST 15,608
CY VISA TIMING ADJUSTMENT 3,135
COST BASIS ADJUSTMENT 121


TY 2024 OtherProfessionalFeesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE 523,290 470,961   52,329


TY 2024 TaxesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 10,929 10,929   0
FEDERAL TAX PAYMENT - PRIOR YE 87,738 0   0
FEDERAL ESTIMATES - PRINCIPAL 68,296 0   0
FOREIGN TAXES ON NONQUALIFIED 5,287 5,287   0