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
KNOX FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

41-2008608
B Telephone number (see instructions)

(651) 466-8213
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$12,706,187J 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... 210,545 208,431  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 818,844
b Gross sales price for all assets on line 6a 2,555,787
7 Capital gain net income (from Part IV, line 2)... 818,844
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)....... Click to see attachment
List of Attached Documents:
// Content
98 98  
12 Total. Add lines 1 through 11........ 1,029,487 1,027,373  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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
1,500 0 0 1,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
126,244 120,273   5,971
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
14,402 4,115   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
25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 142,171 124,388 0 7,496
25 Contributions, gifts, grants paid....... 548,200 548,200
26 Total expenses and disbursements. Add lines 24 and 25 690,371 124,388 0 555,696
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 339,116
b Net investment income (if negative, enter -0-) 902,985
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......... 396,119 652,249 652,249
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)....... 5,527,348 Click to see attachment
List of Attached Documents:
// Content
5,576,171 		9,075,328
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,204,058 Click to see attachment
List of Attached Documents:
// Content
2,236,751 		2,973,917
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
4,663 		Click to see attachment
List of Attached Documents:
// Content
4,693 		Click to see attachment
List of Attached Documents:
// Content
4,693
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,132,188 8,469,864 12,706,187
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........ 8,132,188 8,469,864
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)..... 8,132,188 8,469,864
30 Total liabilities and net assets/fund balances (see instructions). 8,132,188 8,469,864
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
8,132,188
2
Enter amount from Part I, line 27a .....................
2
339,116
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3
4
Add lines 1, 2, and 3 ..........................
4
8,471,307
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,443
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,469,864
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 364. SKECHERS U S A INC CL A   2021-11-19 2024-01-02
b 222. SKECHERS U S A INC CL A   2021-11-23 2024-01-03
c 138. SKECHERS U S A INC CL A   2022-02-09 2024-01-04
d 1. NAVIENT CORP W D   1911-11-11 2024-02-05
e 116. CARLISLE COS INC   2023-03-16 2024-03-18
96. CARLISLE COS INC   2017-09-08 2024-03-19
97. CARLISLE COS INC   2017-09-08 2024-03-20
143. ITT CORP NEW   2023-01-04 2024-04-16
68. FIRSTCASH HLDGS INC   2020-08-06 2024-04-17
116. ITT CORP NEW   2023-01-04 2024-04-17
66. FIRSTCASH HLDGS INC   2020-08-06 2024-04-18
142. ITT CORP NEW   2023-01-05 2024-04-18
80. FIRSTCASH HLDGS INC   2020-08-05 2024-04-19
114. ITT CORP NEW   2023-03-16 2024-04-19
106. FIRSTCASH HLDGS INC   2020-08-05 2024-04-22
28. ITT CORP NEW   2023-03-16 2024-04-22
106. FIRSTCASH HLDGS INC   2021-02-01 2024-04-23
598. NVENT ELECTRIC PLC   2020-10-06 2024-05-06
112. BEACON ROOFING SUPPLY INC   2022-03-02 2024-05-07
101. BEACON ROOFING SUPPLY INC   2022-03-02 2024-05-08
200. BEACON ROOFING SUPPLY INC   2022-03-03 2024-05-09
129. ITT CORP NEW   2023-03-16 2024-05-09
151. BEACON ROOFING SUPPLY INC   2021-11-05 2024-05-10
393. ITT CORP NEW   2022-12-21 2024-05-10
50. BEACON ROOFING SUPPLY INC   2021-11-05 2024-05-13
345. ITT CORP NEW   2022-12-21 2024-05-15
202. ITT CORP NEW   2022-12-20 2024-05-16
26. COSTCO WHSL CORP NEW COM   2021-03-08 2024-06-11
5630.631 DOUBLELINE TOTAL RET BD I   2023-06-21 2024-06-11
1346.114 DOUBLELINE TOTAL RET BD I   2019-10-29 2024-06-11
763. ISHARES CORE U.S. AGGREGATE BOND ETF   2023-06-21 2024-06-11
61. J P MORGAN CHASE & CO   2000-12-04 2024-06-11
349. MARATHON PETROLEUM CORP   2016-05-09 2024-06-11
214. MATCH GROUP INC NEW   2020-03-06 2024-06-11
10716.402 LOOMIS SAYLES STRATEGIC ALPHA N   2015-08-27 2024-06-11
35. NETFLIX.COM INC COM   2023-06-21 2024-06-11
67. PAYCOM SOFTWARE INC   2023-06-21 2024-06-11
298. PAYPAL HOLDINGS INC   2020-11-10 2024-06-11
255. UBER TECHNOLOGIES INC   2023-06-21 2024-06-11
34. VERALTO CORP COM SHS   2023-06-21 2024-06-11
15. APPLIED INDL TECHNOLOGIES INC   2020-02-11 2024-08-01
45. APTARGROUP INC COM   2022-07-29 2024-08-01
20. ARROW ELECTRONICS INC   2022-04-20 2024-08-01
45. BJS WHOLESALE CLUB HOLDINGS INC   2023-05-01 2024-08-01
55. BEACON ROOFING SUPPLY INC   2021-11-04 2024-08-01
145. CTS CORP   2023-05-16 2024-08-01
5. CARLISLE COS INC   2023-03-20 2024-08-01
100. CORE MAIN INC CL A   2023-09-28 2024-08-01
55. DONALDSON CO INC   2022-10-17 2024-08-01
25. FIRSTCASH HLDGS INC   2021-02-01 2024-08-01
10. INSIGHT ENTERPRISES INC COM   2022-08-24 2024-08-01
120. ROBERT HALF INC   2023-02-28 2024-08-01
70. SCHEIN HENRY INC COMMON STOCK   2022-08-12 2024-08-01
40. SIMPSON MFG CO INC   2022-03-02 2024-08-01
75. TIMKEN CO   2023-11-17 2024-08-01
115. ZIONS BANCORP COM   2023-01-27 2024-08-01
225. GENPACT LIMITED   2021-02-25 2024-08-01
60. NVENT ELECTRIC PLC   2020-10-06 2024-08-01
252. BEACON ROOFING SUPPLY INC   2021-11-03 2024-08-02
368. BEACON ROOFING SUPPLY INC   2021-11-02 2024-08-05
267. ATKORE INC   2024-03-20 2024-08-12
373. ATKORE INC   2024-03-18 2024-08-13
310. ATKORE INC   2024-03-18 2024-08-15
48. FABRINET   2023-05-11 2024-08-26
83. FABRINET   2023-05-11 2024-08-27
94. FABRINET   2023-05-11 2024-08-28
106. FABRINET   2023-05-11 2024-08-29
93. FABRINET   2023-05-12 2024-08-30
58. FABRINET   2023-05-12 2024-09-03
130. BJS WHOLESALE CLUB HOLDINGS INC   2023-05-01 2024-09-05
398. BJS WHOLESALE CLUB HOLDINGS INC   2023-03-16 2024-09-06
571. BJS WHOLESALE CLUB HOLDINGS INC   2022-03-23 2024-09-09
518. BJS WHOLESALE CLUB HOLDINGS INC   2022-02-08 2024-09-10
85. CARLISLE COS INC   2023-03-20 2024-10-08
108. CARLISLE COS INC   2023-05-04 2024-10-09
202. TRIMAS CORP COM NEW   2019-04-01 2024-10-17
125. TRIMAS CORP COM NEW   2019-08-01 2024-10-18
150. TRIMAS CORP COM NEW   2019-08-01 2024-10-21
171. APPLIED INDL TECHNOLOGIES INC   2020-02-10 2024-10-25
314. TRIMAS CORP COM NEW   2019-08-05 2024-11-04
334. TRIMAS CORP COM NEW   2020-03-03 2024-11-05
395. TRIMAS CORP COM NEW   2015-07-16 2024-11-06
56. APPLIED INDL TECHNOLOGIES INC   2020-02-07 2024-11-21
105. APPLIED INDL TECHNOLOGIES INC   2020-02-07 2024-11-22
110. APPLIED INDL TECHNOLOGIES INC   2020-01-30 2024-11-25
49. CARLISLE COS INC   2017-09-11 2024-11-25
98. APPLIED INDL TECHNOLOGIES INC   2020-01-31 2024-11-26
48. CARLISLE COS INC   2017-09-11 2024-11-26
45. APPLIED INDL TECHNOLOGIES INC   2020-01-31 2024-11-27
35. CARLISLE COS INC   2017-09-11 2024-11-27
21. APPLIED INDL TECHNOLOGIES INC   2020-01-31 2024-11-29
25. CARLISLE COS INC   2017-09-11 2024-12-02
22. CARLISLE COS INC   2009-04-15 2024-12-03
17. CARLISLE COS INC   2009-04-15 2024-12-04
4235. INTERPUBLIC GROUP COS INC COM   2014-04-30 2024-12-09
2524. INTERPUBLIC GROUP COS INC COM   2014-04-30 2024-12-10
1261. INTERPUBLIC GROUP COS INC COM   2014-04-30 2024-12-11
69. PLEXUS CORP   2021-04-23 2024-12-11
39. PLEXUS CORP   2021-04-23 2024-12-13
52. PLEXUS CORP   2021-04-23 2024-12-16
40. PLEXUS CORP   2021-02-26 2024-12-17
51. PLEXUS CORP   2021-02-26 2024-12-18
104. PLEXUS CORP   2021-02-25 2024-12-19
35. APPLIED INDL TECHNOLOGIES INC   2020-01-31 2024-12-20
45. APTARGROUP INC COM   2022-07-29 2024-12-20
525. ARAMARK   2024-09-19 2024-12-20
160. ARROW ELECTRONICS INC   2023-11-16 2024-12-20
210. BJS WHOLESALE CLUB HOLDINGS INC   2023-11-22 2024-12-20
115. BEACON ROOFING SUPPLY INC   2021-08-30 2024-12-20
125. CTS CORP   2023-08-08 2024-12-20
25. CARLISLE COS INC   2009-04-15 2024-12-20
325. CORE MAIN INC CL A   2023-09-28 2024-12-20
275. DONALDSON CO INC   2022-03-09 2024-12-20
130. FIRSTCASH HLDGS INC   2015-04-15 2024-12-20
315. FORTUNE BRANDS INNOVATIONS INC   2023-11-16 2024-12-20
140. HOULIHAN LOKEY INC   2022-10-13 2024-12-20
90. INSIGHT ENTERPRISES INC COM   2020-02-20 2024-12-20
245. ONEMAIN HOLDINGS INC   2024-04-30 2024-12-20
169. PLEXUS CORP   2020-09-06 2024-12-20
50. PRIMERICA INC   2022-04-20 2024-12-20
210. ROBERT HALF INC   2022-08-19 2024-12-20
290. SCHEIN HENRY INC COMMON STOCK   2022-08-12 2024-12-20
130. SIMPSON MFG CO INC   2021-11-18 2024-12-20
290. SKECHERS U S A INC CL A   2021-11-29 2024-12-20
120. TIMKEN CO   2023-11-17 2024-12-20
300. TRIMAS CORP COM NEW   2015-07-13 2024-12-20
515. VALVOLINE INC   2023-11-15 2024-12-20
225. ZIONS BANCORP COM   2023-01-27 2024-12-20
575. GATES INDUSTRIAL CORP PLC   2021-11-29 2024-12-20
550. GENPACT LIMITED   2020-12-11 2024-12-20
215. NVENT ELECTRIC PLC   2020-10-14 2024-12-20
7. WHITE MTNS INS GROUP LTD   2017-01-30 2024-12-20
94. PLEXUS CORP   2022-02-03 2024-12-23
74. PLEXUS CORP   2021-02-01 2024-12-24
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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 22,615   17,304 5,311
b 13,552   10,518 3,034
c 8,343   6,531 1,812
d 10     10
e 42,828   25,757 17,071
35,673   19,380 16,293
36,113   9,297 26,816
18,226   12,031 6,195
8,859   4,005 4,854
14,569   9,580 4,989
8,584   3,883 4,701
17,803   11,639 6,164
10,411   4,704 5,707
14,259   9,303 4,956
13,900   6,166 7,734
3,516   2,285 1,231
14,019   6,156 7,863
45,533   11,328 34,205
10,494   6,744 3,750
9,366   6,036 3,330
18,674   11,840 6,834
17,780   10,528 7,252
14,010   8,836 5,174
54,231   31,876 22,355
4,715   2,910 1,805
47,890   27,446 20,444
28,068   15,752 12,316
21,989   8,113 13,876
48,649   50,000 -1,351
11,630   14,417 -2,787
73,656   75,022 -1,366
11,860   2,311 9,549
60,775   13,163 47,612
6,718   13,235 -6,517
100,520   106,667 -6,147
22,477   14,859 7,618
9,587   21,023 -11,436
19,235   56,059 -36,824
17,331   10,779 6,552
3,380   2,822 558
3,061   1,040 2,021
6,577   4,860 1,717
2,565   2,300 265
3,979   3,431 548
5,395   3,197 2,198
6,991   6,265 726
2,010   1,104 906
5,020   2,915 2,105
4,042   2,863 1,179
2,815   1,452 1,363
1,995   931 1,064
7,523   9,720 -2,197
5,067   5,409 -342
7,311   4,788 2,523
6,291   5,574 717
5,573   6,147 -574
7,671   9,311 -1,640
4,150   1,134 3,016
21,467   14,136 7,331
29,754   20,282 9,472
25,256   49,620 -24,364
34,828   66,976 -32,148
29,356   50,816 -21,460
12,118   4,434 7,684
20,546   7,635 12,911
22,846   8,647 14,199
25,899   9,750 16,149
22,622   8,479 14,143
12,858   5,288 7,570
10,166   9,912 254
30,582   30,262 320
44,142   41,279 2,863
40,409   34,331 6,078
39,335   18,412 20,923
50,366   22,751 27,615
5,669   6,214 -545
3,518   3,821 -303
4,229   4,515 -286
39,568   11,808 27,760
8,003   9,124 -1,121
8,618   8,917 -299
10,833   10,056 777
15,163   3,789 11,374
28,930   6,954 21,976
30,791   7,214 23,577
23,037   6,302 16,735
27,541   6,362 21,179
22,179   4,598 17,581
12,400   2,921 9,479
15,996   3,352 12,644
5,783   1,363 4,420
11,332   2,395 8,937
9,828   1,284 8,544
7,469   356 7,113
130,820   81,771 49,049
77,364   42,990 34,374
38,193   21,478 16,715
11,549   6,486 5,063
6,519   3,610 2,909
8,634   4,813 3,821
6,587   3,445 3,142
8,332   4,284 4,048
16,690   8,727 7,963
8,508   2,272 6,236
7,158   4,853 2,305
19,902   20,322 -420
18,627   19,755 -1,128
19,858   13,806 6,052
11,789   6,177 5,612
6,648   5,578 1,070
9,589   524 9,065
16,452   9,473 6,979
18,937   14,196 4,741
13,452   5,546 7,906
22,016   21,099 917
24,451   11,455 12,996
14,066   6,027 8,039
12,808   12,837 -29
26,975   13,591 13,384
13,466   6,713 6,753
15,037   17,005 -1,968
20,260   22,347 -2,087
22,056   15,451 6,605
19,554   13,595 5,959
8,687   8,918 -231
7,491   7,326 165
19,072   17,994 1,078
12,094   12,000 94
11,891   9,434 2,457
23,394   22,339 1,055
15,150   4,060 11,090
13,367   6,403 6,964
14,998   7,434 7,564
11,873   5,810 6,063
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
      17,039
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       5,311
b       3,034
c       1,812
d       10
e       17,071
      16,293
      26,816
      6,195
      4,854
      4,989
      4,701
      6,164
      5,707
      4,956
      7,734
      1,231
      7,863
      34,205
      3,750
      3,330
      6,834
      7,252
      5,174
      22,355
      1,805
      20,444
      12,316
      13,876
      -1,351
      -2,787
      -1,366
      9,549
      47,612
      -6,517
      -6,147
      7,618
      -11,436
      -36,824
      6,552
      558
      2,021
      1,717
      265
      548
      2,198
      726
      906
      2,105
      1,179
      1,363
      1,064
      -2,197
      -342
      2,523
      717
      -574
      -1,640
      3,016
      7,331
      9,472
      -24,364
      -32,148
      -21,460
      7,684
      12,911
      14,199
      16,149
      14,143
      7,570
      254
      320
      2,863
      6,078
      20,923
      27,615
      -545
      -303
      -286
      27,760
      -1,121
      -299
      777
      11,374
      21,976
      23,577
      16,735
      21,179
      17,581
      9,479
      12,644
      4,420
      8,937
      8,544
      7,113
      49,049
      34,374
      16,715
      5,063
      2,909
      3,821
      3,142
      4,048
      7,963
      6,236
      2,305
      -420
      -1,128
      6,052
      5,612
      1,070
      9,065
      6,979
      4,741
      7,906
      917
      12,996
      8,039
      -29
      13,384
      6,753
      -1,968
      -2,087
      6,605
      5,959
      -231
      165
      1,078
      94
      2,457
      1,055
      11,090
      6,964
      7,564
      6,063
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 818,844
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 12,551
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 12,551
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 12,551
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 12,832
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 12,832
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 10 281
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow281 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 arrowU S BANK NATIONAL ASSOCIATION Telephone no.right arrow (855) 452-4078

Located atright arrow101 EAST 5TH STREETST 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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
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
SUSANNE LILLY HUTCHESON PRESIDENT/DIRECT
2 		0    
1940 KNOX AVENUE SOUTH
MINNEAPOLIS,MN55403
ZENAS W HUTCHESON DIRECTOR
2 		0    
1940 KNOX AVENUE SOUTH
MINNEAPOLIS,MN55403
RUBY PEDIANGCO SECRETARY
2 		0    
800 NICOLLET MALL
MINNEAPOLIS,MN55402
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 N A AGENCY FEE 59,711
101 EAST 5TH ST
ST PAUL,MN55101
FIDUCIARY MANAGEMENT INC INVESTMENT COUNSEL 66,533
100 EAST WISCONSIN AVE
MILWAUKEE,WI53202
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
12,330,585
b
Average of monthly cash balances.......................
1b
471,162
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
12,801,747
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
12,801,747
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
192,026
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,609,721
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
630,486
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
630,486
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
12,551
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,551
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
617,935
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
617,935
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
617,935
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
555,696
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
555,696
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 7 617,935
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 527,980
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$ 555,696
a Applied to 2023, but not more than line 2a 527,980
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..... 27,716
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 .......... 		590,219
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:
RUBY PEDIANGCO
800 NICOLLET MALL
MINNEAPOLIS,MN55402
(612) 303-2847
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS MAY BE SUBMITTED IN LETTER FORM OUTLINING THE REQUEST TOGETHER WITH SUCH SUPPORTING MATERIALS AS THE APPLICANT DESIRES.
cAny submission deadlines:
NOVEMBER 1ST
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
MAKES GRANTS TO EDUCATIONAL, CULTURAL, YOUTH, ENVIRONMENTAL EDUCATION AND COMMUNITY SUPPORT ORGANIZATIONS LOCATED IN MINNESOTA
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

NANTUCKET YACHT CLUB FOUNDATION

PO BOX 667
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 5,000

COMPAS INC

450 SYNDICATE ST N SUITE 325
SAINT PAUL,MN55104 		NONE PC GENERAL OPERATING 5,000

WILDERNESS INQUIRY

1611 COUNTY RD B WEST SUITE 315
ST PAUL,MN55113 		NONE PC GENERAL OPERATING 1,000

PLYMOUTH CONGREGATIONAL CHURCH MPLS

1900 NICOLLET AVE
MINNEAPOLIS,MN55403 		NONE PC GENERAL OPERATING 5,000

NATIONAL GALLERY OF ART

2000 SOUTH CLUB DRIVE
LANDOVER,MD20785 		NONE PC GENERAL OPERATING 20,000

PLANNED PARENTHOOD

671 VANDALIA ST STE 323
ST PAUL,MN55114 		NONE PC GENERAL OPERATING 150,000

ST PAUL'S CHURCH IN NANTUCKET

20 FAIR STREET
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 5,000

A SAFE PLACE NANTUCKET

5B WINDY WAY
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 2,500

COMMUNITY FOUNDATION FOR NANTUCKET

PO BOX 204
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 50,000

NANTUCKET LAND COUNCIL

PO BOX 502
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 5,000

ORDWAY CENTER FOR THE PERFORMING ARTS

345 WASHINGTON STREET
ST PAUL,MN55102 		NONE PC GENERAL OPERATING 5,000

COMMON BOND COMMUNITIES

1080 MONTREAL AVE
ST PAUL,MN55116 		NONE PC GENERAL OPERATING 2,500

WOODCOCK MINNESOTA

25480 E COZY COVE RD
DETROIT LAKES,MN56501 		NONE PC GENERAL OPERATING 5,000

HOUSING NANTUCKET

75 OLD SOUTH RD
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 2,500

THE UNIVERSITY OF CHICAGO BOOTH SCHOOL

5235 S HARPER COURT 4TH FLOOR
CHICAGO,IL60615 		NONE PC GENERAL OPERATING 5,000

NORTHFIELD MT HERMON SCHOOL

ONE LAMPLIGHTER WAY
GILL,MA01354 		NONE PC GENERAL OPERATING 5,000

DARTMOUTH COLLEGE

6068 BLUNT ALUMNI CENTER
HANOVER,NH03755 		NONE PC GENERAL OPERATING 35,000

NANTUCKET COTTAGE HOSPITAL FOUNDATION

57 PROSPECT ST
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 5,000

MOMA PS1

46-01 21ST STREET
QUEENS,NY11101 		NONE PC GENERAL OPERATING 10,000

MINNEAPOLIS INSTITUTE OF ART

2400 THIRD AVE S
MINNEAPOLIS,MN55404 		NONE PC GENERAL OPERATING 11,700

CAMP SANKATY HEAD SANKATY HEAD FOUNDATI

PO BOX 875
SIASCONSET,MA02564 		NONE PC GENERAL OPERATING 2,500

NANTUCKET HISTORICAL ASSOCIATION

PO BOX 1016
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 9,000

NANTUCKET ATHENEUM

PO BOX 808
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 10,000

SHARING AND CARING HANDS

525 NORTH 7TH STREET
MINNEAPOLIS,MN55405 		NONE PC GENERAL OPERATING 5,000

VOCALESSENCE

1900 NICOLLET AVE
MINNEAPOLIS,MN55403 		NONE PC GENERAL OPERATING 2,500

THE FAMILY PARTNERSHIP

414 SOUTH EIGHTH ST
MINNEAPOLIS,MN55404 		NONE PC GENERAL OPERATING 5,000

MIDWAY CONTEMPORARY ART

1509 MARSHALL ST NE
MINNEAPOLIS,MN55413 		NONE PC GENERAL OPERATING 1,500

PEOPLE FOR THE AMERICAN WAY FOUNDATION

1101 15TH ST NW SUITE 600
WASHINGTON,DC20005 		NONE PC GENERAL OPERATING 10,000

NYC AUDUBON

71 WEST 23RD ST STE 1523
NEW YORK,NY10010 		NONE PC GENERAL OPERATING 5,000

UNIVERSITY OF MINNESOTA FOUNDATION (HHEI

220 JOHNSTON HALL 101 PLEASANT ST
MINNEAPOLIS,MN55455 		NONE PC GENERAL OPERATING 25,000

UNIVERSITY OF PENNSYLVANIA SCHOOL OF DSG

102 MEYERSON HALL 210 SOUTH 34TH S
PHILADELPHIA,PA19104 		NONE PC GENERAL OPERATING 10,000

ST PAUL ACADEMY & SUMMIT SCHOOL

1712 RANDOLPH AVE
ST PAUL,MN55105 		NONE PC GENERAL OPERATING 50,000

MARIA MITCHELL ASSOCIATION

4 VESTAL ST
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 50,000

SCULPTURECENTER

44-19 PURVES ST
LONG ISLAND CITY,NY11101 		NONE PC GENERAL OPERATING 5,000

NANTUCKET CONSERVATION FOUNDATION

PO BOX 13
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 5,000

FIRST CONGREGATIONAL CHURCH OF NANTUCKET

62 N CENTRE ST
NANTUCKET,MA02554 		NONE PC GENERAL OPERATING 5,000

THE LOPPET FOUNDATION

12211 THEODORE WIRTH PKWY
MINNEAPOLIS,MN55422 		NONE PC GENERAL OPERATING 2,500

WALKER ART CENTER

725 VINELAND PLACE
MINNEAPOLIS,MN55403 		NONE PC GENERAL OPERATING 10,000
Total .................................right arrow 3a 548,200
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 ....     14 210,545  
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 ............ 		    18 818,844  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    1 98  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,029,487  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,029,487
(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:
KNOX FOUNDATION
EIN:
41-2008608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

TY 2024 InvestmentsCorpStockSchedule
Name:
KNOX FOUNDATION
EIN:
41-2008608
Name of Stock End of Year Book Value End of Year Fair Market Value
57636Q104 MASTERCARD INC 3,477 31,068
594918104 MICROSOFT CORP 8,830 156,377
81762P102 SERVICENOW INC 3,195 49,826
56585A102 MARATHON PETROLEUM C    
037833100 APPLE INC 9,943 163,023
060505104 BANK OF AMERICA CORP 15,930 41,225
H1467J104 CHUBB LIMITED COM 2,165 10,223
03027X100 AMERICAN TOWER CORP 23,589 23,476
375558103 GILEAD SCIENCES INC 11,904 18,566
46625H100 J P MORGAN CHASE CO 6,819 43,148
02079K107 ALPHABET INC CL C 9,439 79,985
87612E106 TARGET CORP COM 11,082 20,683
023135106 AMAZON.COM INC 39,896 92,583
15135B101 CENTENE CORP COM 22,447 23,747
012653101 ALBEMARLE CORP 10,892 12,912
88339J105 TRADE DESK INC THE C 7,835 19,863
808513105 SCHWAB CHARLES CORP 14,303 30,862
461202103 INTUIT INC 8,685 15,713
57667L107 MATCH GROUP INC NEW    
70450Y103 PAYPAL HOLDINGS INC    
893641100 TRANSDIGM GROUP INC 8,544 21,544
30303M102 FACEBOOK INC A 16,434 53,867
79466L302 SALESFORCE COM INC 22,900 42,126
22160K105 COSTCO WHOLESALE COR 3,121 9,163
217204106 COPART INC COM 8,576 23,759
98954M101 ZILLOW GROUP INC 14,621 15,658
009066101 AIRBNB INC CL A 39,664 31,538
67066G104 NVIDIA CORP 8,760 100,718
038336103 APTAR GROUP INC 109,608 166,997
042735100 ARROW ELECTRONICS IN 226,856 326,804
05550J101 BJS WHOLESALE CLUB H 224,146 332,025
142339100 CARLISLE COS INC 9,863 174,461
257651109 DONALDSON CO INC 203,633 273,778
349631101 FORTUNE BRANDS INNOV    
441593100 HOULIHAN LOKEY INC 123,074 388,130
460690100 INTERPUBLIC GROUP CO    
45073V108 ITT CORP NEW    
770323103 ROBERT HALF INC 238,200 293,395
806407102 SCHEIN HENRY INC COM 296,456 322,541
989701107 ZIONS BANCORPORATION 152,739 244,071
03820C105 APPLIED INDL TECHNOL 22,371 109,198
073685109 BEACON ROOFING SUPPL 123,973 246,535
33768G107 FIRSTCASH HLDGS INC 160,126 254,027
45765U103 INSIGHT ENTERPRISES 88,764 241,079
729132100 PLEXUS CORP 127,371 277,752
74164M108 PRIMERICA INC 116,303 258,120
829073105 SIMPSON MFG CO INC 183,575 296,172
830566105 SKECHERS U S A INC C 193,642 316,095
896215209 TRIMAS CORP COM NEW 103,271 114,565
G39108108 GATES INDUSTRIAL COR 191,430 294,521
G3922B107 GENPACT LIMITED 234,361 410,903
G6700G107 NVENT ELECTRIC PLC 55,532 202,094
G9618E107 WHITE MTNS INS GROUP 93,644 173,110
007903107 ADVANCED MICRO DEVIC 23,832 25,607
02079K305 ALPHABET INC CL A 45,006 70,420
09247X101 BLACKROCK INC    
235851102 DANAHER CORP 21,794 23,873
28176E108 EDWARDS LIFESCIENCES 24,817 20,210
29444U700 EQUINIX INC 10,877 13,200
437076102 HOME DEPOT INC 21,449 27,618
64110L106 NETFLIX.COM INC 8,491 17,826
697435105 PALO ALTO NETWORKS I 24,533 37,484
70432V102 PAYCOM SOFTWARE INC    
90353T100 UBER TECHNOLOGIES IN 20,290 28,954
91324P102 UNITEDHEALTH GROUP I 27,232 28,834
92338C103 VERALTO CORP COM SHS    
931142103 WAL MART STORES INC 26,398 46,079
G6095L109 APTIV PLC    
21874C102 CORE MAIN INC CL A 168,732 282,041
126501105 CTS CORP 100,531 122,492
887389104 TIMKEN CO 163,187 160,012
92047W101 VALVOLINE INC 271,517 284,954
G3323L100 FABRINET    
00724F101 ADOBE SYS INC 21,928 21,345
03852U106 ARAMARK 325,659 320,642
09290D101 BLACKROCK INC COM 18,722 27,678
34964C106 FORTUNE BRANDS INNOV 229,917 268,947
421298100 HAYWARD HLDGS INC 125,043 121,173
60741F104 MOBILEYE GLOBAL INC 11,128 7,072
654106103 NIKE INC 10,447 8,324
68268W103 ONEMAIN HOLDINGS INC 199,361 210,136
806857108 SCHLUMBERGER LTD COM 24,428 20,857
871607107 SYNOPSYS INC 11,541 9,707
922475108 VEEVA SYSTEMS INC-CL 10,056 11,354
G3265R107 APTIV PLC COM SHS 17,266 10,463

TY 2024 InvestmentsOtherSchedule2
Name:
KNOX FOUNDATION
EIN:
41-2008608
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
63873P817 LOOMIS SAYLES STRATE      
149498107 CAUSEWAY EMERGING MA AT COST 160,086 146,829
922908686 VANGUARD SMALL CAP I AT COST 141,000 237,177
78462F103 SPDR S P 500 ETF TRU AT COST 142,331 422,564
74316J458 CONGRESS MID CAP GRO AT COST 27,416 45,001
464287507 ISHARES CORE SP MID- AT COST 338,577 505,459
922908553 VANGUARD REAL ESTATE AT COST 128,072 154,999
258620103 DOUBLELINE TOTAL RET AT COST 139,712 114,565
46432F842 ISHARES CORE MSCI EA AT COST 552,461 640,954
06828M876 BARON EMERGING MARKE AT COST 109,928 155,179
779556109 T ROWE PRICE MID CAP      
56063J344 NYLI FLOATING RATE F AT COST 130,000 123,465
315910620 FIDELITY INVT TR AD AT COST 77,668 98,947
464287226 ISHARES CORE U.S. AG      
46137V357 INVESCO S P 500 EQUA AT COST 88,573 94,624
779556406 ROWE T PRICE MID CAP AT COST 70,927 106,013
861728400 STONE RIDGE HY REINS AT COST 130,000 128,141

TY 2024 OtherAssetsSchedule
Name:
KNOX FOUNDATION
EIN:
41-2008608
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INTEREST   0 0
000000000 MISCELLANEOUS ENTRY 4,663 4,693 4,693


TY 2024 OtherDecreasesSchedule
Name:
KNOX FOUNDATION
EIN:
41-2008608
Description Amount
PY RETURN OF CAPITAL 1,443


TY 2024 OtherExpensesSchedule
Name:
KNOX FOUNDATION
EIN:
41-2008608
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING FEE/TAX 25 0   25


TY 2024 OtherIncomeSchedule2
Name:
KNOX FOUNDATION
EIN:
41-2008608
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 98 98  


TY 2024 OtherIncreasesSchedule
Name:
KNOX FOUNDATION
EIN:
41-2008608
Description Amount
ROUNDING 3


TY 2024 OtherProfessionalFeesSchedule
Name:
KNOX FOUNDATION
EIN:
41-2008608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 66,533 66,533    
US BANK FEES AS AGENT 59,711 53,740   5,971


TY 2024 TaxesSchedule
Name:
KNOX FOUNDATION
EIN:
41-2008608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,446 2,446   0
FEDERAL ESTIMATES - PRINCIPAL 10,287 0   0
FOREIGN TAXES ON NONQUALIFIED 1,669 1,669   0