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
MORTENSON FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)700 MEADOW LANE N
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN554224899
A Employer identification number

41-1958621
B Telephone number (see instructions)

(763) 287-5500
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$172,143,698J 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) 6,025,665
2 Check right arrow.............
3 Interest on savings and temporary cash investments 291,990 291,990  
4 Dividends and interest from securities... 2,897,510 2,891,947  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,676,354
b Gross sales price for all assets on line 6a 40,308,438
7 Capital gain net income (from Part IV, line 2)... 7,600,756
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
285,566 197,377  
12 Total. Add lines 1 through 11........ 17,177,085 10,982,070  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 208,457 0   208,457
14 Other employee salaries and wages...... 554,234 0   498,481
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
203,644 0   203,644
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,027,284 953,934   73,350
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
142,451 107,425   26
19 Depreciation (attach schedule) and depletion... 3,370 3,370  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,723,147 612,560   168,847
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,862,587 1,677,289   1,152,805
25 Contributions, gifts, grants paid....... 7,405,000 6,205,000
26 Total expenses and disbursements. Add lines 24 and 25 11,267,587 1,677,289   7,357,805
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,909,498
b Net investment income (if negative, enter -0-) 9,304,781
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 74,493 25,203 25,203
2 Savings and temporary cash investments......... 6,410,784 12,918,350 12,918,350
3 Accounts receivable right arrow1,601,035
Less: allowance for doubtful accounts right arrow   103,775 1,601,035 1,601,035
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 77,002,118 Click to see attachment
List of Attached Documents:
// Content
69,920,593 		81,497,360
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).......... 48,552,649 Click to see attachment
List of Attached Documents:
// Content
52,483,779 		71,237,370
14 Land, buildings, and equipment: basis right arrow61,070
Less: accumulated depreciation (attach schedule) right arrow59,288 5,152 1,782 1,782
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
4,470,146 		Click to see attachment
List of Attached Documents:
// Content
4,862,598 		Click to see attachment
List of Attached Documents:
// Content
4,862,598
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 136,619,117 141,813,340 172,143,698
Liabilities 17 Accounts payable and accrued expenses.......... 2,091 72,466
18 Grants payable................. 3,980,000 5,180,000
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) Click to see attachment
List of Attached Documents:
// Content
261,378 		Click to see attachment
List of Attached Documents:
// Content
144,460
23 Total liabilities (add lines 17 through 22)......... 4,243,469 5,396,926
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 132,375,648 136,416,414
29 Total net assets or fund balances (see instructions)..... 132,375,648 136,416,414
30 Total liabilities and net assets/fund balances (see instructions). 136,619,117 141,813,340
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
132,375,648
2
Enter amount from Part I, line 27a .....................
2
5,909,498
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
138,285,146
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,868,732
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
136,416,414
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 FROM K-1 ABBEY CAPITAL P    
b FROM K-1 BRAESWOOD CARBON PARTNERS P    
c FROM K-1 BRAESWOOD CLIMATE PARTNERS P    
d FROM K-1 BRIDGEWORKFORCE P    
e FROM K-1 BROWN VENTURE GROUP P    
FROM K-1 ECOSYSTEM P    
FROM K-1 HEWITT P    
FROM K-1 LYME FOREST FUND V P    
FROM K-1 MONDRIAN GLOBAL P    
FROM K-1 MPOWERED CAPITAL ACCESS P    
FROM K-1 MT NUTRITION II P    
FROM K-1 NORTH SKY CLEAN GROWTH P    
FROM K-1 OBVIOUS VENTURES P    
FROM K-1 OKABENA MARKETABLE P    
FROM K-1 RETHINK FOOD, LP P    
FROM K-1 RETHINK IMPACT, LP P    
FROM K-1 WOVENEARTH FUND P    
PUBLICLY TRADED SECURITIES P    
CAPITAL GAIN DISTRIBUTION 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       40,000
b       18,689
c       38,798
d       37,940
e       -3,963
      -2,421
      30,427
      3,398
      1,156,487
      -865
      0
      168,148
      5,125
      208,025
      -109,360
      232,800
      -4,837
40,308,438   34,563,216 5,745,222
      37,143
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       40,000
b       18,689
c       38,798
d       37,940
e       -3,963
      -2,421
      30,427
      3,398
      1,156,487
      -865
      0
      168,148
      5,125
      208,025
      -109,360
      232,800
      -4,837
      5,745,222
      37,143
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 7,600,756
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) 1 129,336
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........................... 3 129,336
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- ..... 5 129,336
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 46,248
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 85,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 131,248
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 1,912
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,912 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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrowMORTENSONFAMILY.ORG
14
The books are in care ofright arrowLANSING GROUP LLC Telephone no.right arrow (763) 287-5500

Located atright arrow700 MEADOW LANE NORTHMINNEAPOLISMN ZIP+4right arrow55442
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
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)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ALICE D MORTENSON PRESIDENT/CHAIR
3.00 		0 0 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
NATHALIE G MORTENSON VICE PRESIDENT
1.00 		0 0 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
DAVID C MORTENSON DIRECTOR
1.00 		0 0 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
MARK A MORTENSON SECRETARY
3.00 		0 0 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
CHRISTOPHER D MORTENSON DIRECTOR
1.00 		0 0 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
MATHIAS H MORTENSON DIRECTOR
1.00 		0 0 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
CHAD FOOTE TREASURER
3.00 		0 0 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
KATE M MORTENSON DIRECTOR
1.00 		0 0 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
KATIE M MORTENSON DIRECTOR
1.00 		0 0 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
DANA L MORTENSON DIRECTOR
1.00 		0 0 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
AMBAR HANSON EXECUTIVE DIRECTOR
40.00 		208,457 42,766 0
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
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
RABYA HASSEN COMMUNITY RELATIONSH
40.00 		108,382 19,846 0
4150 OLSON MEMORIAL HWY
MINNEAPOLIS,MN55422
MARYAN ABDINUR COMMUNITY RELATIONSH
40.00 		101,185 24,797 0
4150 OLSON MEMORIAL HWY
MINNEAPOLIS,MN55422
MARGRETTA SUPUWOOD COMMUNITY RELATIONSH
40.00 		100,785 12,619 0
4150 OLSON MEMORIAL HWY
MINNEAPOLIS,MN55422
CAMILLE GONZALEZ GRANTS AND PROGRAM C
40.00 		70,527 15,849 0
4150 OLSON MEMORIAL HWY
MINNEAPOLIS,MN55422
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
UBS FINANCIALS SERVICES INC INVESTMENT ADVISOR 416,862
361 LAKE STREET E SUITE 354
WAYZATA,MN55391
LANSING GROUP LLC ADVISOR 362,194
700 MEADOW LANE NORTH SUITE 650
MINNEAPOLIS,MN55422
ECOSYSTEM INTEGRITY FUND III LP INVESTMENT ADVISOR 68,125
20 RICHELLE COURT
LAFAYETTE,CA94549
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 NONE 0
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 NONE 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
161,959,520
b
Average of monthly cash balances.......................
1b
4,601,858
c
Fair market value of all other assets (see instructions)................
1c
587,783
d
Total (add lines 1a, b, and c).........................
1d
167,149,161
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
167,149,161
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,507,237
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
164,641,924
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
8,232,096
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
8,232,096
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
129,336
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
129,336
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
8,102,760
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
8,102,760
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
8,102,760
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
7,357,805
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
7,357,805
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 8,102,760
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022...... 1,351,300
e From 2023......  
f Total of lines 3a through e ........ 1,351,300
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 7,357,805
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 7,357,805
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 744,955 744,955
(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 5 606,345
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		606,345
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 606,345
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
ALICE D MORTENSON
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
AMBAR HANSON
700 MEADOW LANE NORTH
MINNEAPOLIS,MN55422
(763) 287-5770
AMBAR.HANSON@MORTENSONFAMILY.ORG
bThe form in which applications should be submitted and information and materials they should include:
ONLINE APPLICATION FORMS MAY BE FOUND AT WWW.MORTENSONFAMILY.ORG
cAny submission deadlines:
SUBMISSION DEADLINES VARY
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GUIDELINES MAY BE FOUND AT WWW.MORTENSONFAMILY.ORG
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

826 MSP

1915 E 22ND ST
MINNEAPOLIS,MN55404 		  PC AFTER-SCHOOL WRITING LAB 30,000

ACADEMIA CESAR CHAVEZ

1801 LACROSSE AVE
ST PAUL,MN551194807 		  PC UNRESTRICTED 3,000

AFRICAN AMERICAN LEADERSHIP FORUM

1625 HENNEPIN AVENUE SUITE 200
MINNEAPOLIS,MN55403 		  PC UNRESTRICTED 10,000

AFRICAN AMERICAN LEADERSHIP FORUM

1625 HENNEPIN AVENUE SUITE 200
MINNEAPOLIS,MN55403 		  PC UNRESTRICTED 15,000

AFRICAN AMERICAN LEADERSHIP FORUM

1625 HENNEPIN AVENUE SUITE 200
MINNEAPOLIS,MN55403 		  PC UNRESTRICTED 3,000

AFRICAN DEVELOPMENT CENTER

1931 SOUTH 5TH STREET
MINNEAPOLIS,MN554541257 		  PC UNRESTRICTED 15,000

AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS

1821 UNIVERSITY AVENUE SUITE S-125
ST PAUL,MN55104 		  PC UNRESTRICTED 30,000

AFRICAN VISIONARY FUND

769 CENTRE ST SUITE 201
BOSTON,MA02130 		  PC UNRESTRICTED 40,000

AGUA PARA LA VIDA

2311 WEBSTER ST
BERKELEY,CA94705 		  PC UNRESTRICTED 20,000

AGUA PARA LA VIDA

2311 WEBSTER ST
BERKELEY,CA94705 		  PC TECH SCHOOL 1,000

ALIA

1000 UNIVERSITY AVE WEST SUITE 230
SAINT PAUL,MN55104 		  PC UNRESTRICTED 5,000

ALIGHT

DONOR SERVICE CENTER PO BOX 1002
MINNEAPOLIS,MN554801002 		  PC UNRESTRICTED 7,000

ALIGHT

DONOR SERVICE CENTER PO BOX 1002
MINNEAPOLIS,MN554801002 		  PC UNRESTRICTED 10,000

ALIGHT

DONOR SERVICE CENTER PO BOX 1002
MINNEAPOLIS,MN554801002 		  PC SUDAN RESPONSE 2,000

ALL SQUARE

4047 MINNEHAHA AVE
MINNEAPOLIS,MN55406 		  PC UNRESTRICTED 7,500

ALLINA HEALTH FOUNDATION

2925 CHICAGO AVE MAIL ROUTE 10721
MINNEAPOLIS,MN55407 		  PC COURAGE KENNY 100,000

ALONGSIDE NETWORK

4817 ELLIOT AVE
MINNEAPOLIS,MN55417 		  PC UNRESTRICTED 10,000

AMHERST H WILDER FOUNDATION

451 LEXINGTON PARKWAY NORTH
SAINT PAUL,MN55104 		  PC WILDER CHILD DEVELOPMENT CENTER 40,000

AMHERST H WILDER FOUNDATION

451 LEXINGTON PARKWAY NORTH
SAINT PAUL,MN55104 		  PC SAINT PAUL PROMISE NEIGHBORHOOD 60,000

APPETITE FOR CHANGE

2520 N 2ND STREET 102
MINNEAPOLIS,MN55411 		  PC URBAN AGRICULTURE 50,000

APPETITE FOR CHANGE

2520 N 2ND STREET 102
MINNEAPOLIS,MN55411 		  PC UNRESTRICTED 3,000

BABY'S SPACE A PLACE TO GROW

2438 18TH AVE S
MINNEAPOLIS,MN55404 		  PC UNRESTRICTED 40,000

BENILDE ST MARGARETS HIGH SCHOOL

2501 HIGHWAY 100 S
MINNEAPOLIS,MN554161732 		  PC ESSENTIALS FOR ALL CLUB 5,000

BLACK MEN TEACH

PO BOX 3909
ST PAUL,MN55101 		  PC UNRESTRICTED 30,000

BOLDER OPTIONS

2100 STEVENS AVE S
MINNEAPOLIS,MN55404 		  PC UNRESTRICTED 5,000

BOYS & GIRLS CLUBS OF TWIN CITIES

690 JACKSON STREET
SAINT PAUL,MN55130 		  PC JERRY GAMBLE CLUB 5,500

BRIDGING INC

201 WEST 87TH STREET
BLOOMINGTON,MN55420 		  PC UNRESTRICTED 3,000

CANTUS

1201 MARQUETTE AVENUE S SUITE 100
MINNEAPOLIS,MN55403 		  PC UNRESTRICTED 10,000

CATHOLIC CHARITIES OF ST PAUL AND MINNEAPOLIS

1007 E 14TH STREET
MINNEAPOLIS,MN554041314 		  PC NORTHSIDE CHILD DEVELOPMENT CENTER 5,000

CENTER FOR EARTH ENERGY AND DEMOCRACY

4513 34TH AVE S B
MINNEAPOLIS,MN55406 		  PC UNRESTRICTED 40,000

CENTER FOR RENEWABLE ENERGY AND APPROPRIATE TECHNOLOGY FOR THE ENVIRONMENT

132 EAST BROADWAY SUITE 416
EUGENE,OR97401 		  PC UNRESTRICTED 35,000

CENTER FOR RENEWABLE ENERGY AND APPROPRIATE TECHNOLOGY FOR THE ENVIRONMENT

132 EAST BROADWAY SUITE 416
EUGENE,OR97401 		  PC CAPACITY BUILDING 20,000

CENTRO TYRONE GUZMAN

1915 CHICAGO AVENUE
MINNEAPOLIS,MN55404 		  PC UNRESTRICTED 50,000

CHILDREN'S HEARTLINK

5075 ARCADIA AVENUE
MINNEAPOLIS,MN55436 		  PC UNRESTRICTED 5,000

CHOPS INC

300 INDUSTRIAL BLVD NE STE 100
MINNEAPOLIS,MN55413 		  PC UNRESTRICTED 20,000

CHRISTIAN CUPBOARD EMERGENCY FOOD SHELF (DBA TODAYS HARVEST)

8264 4TH STREET N
OAKDALE,MN55128 		  PC UNRESTRICTED 2,000

CITY OF ROBBINSDALE

4100 LAKEVIEW AVE N
ROBBINSDALE,MN55422 		  GOV COMMUNITY GARDENS PROGRAM 5,000

CLIMATE GENERATION

2801 21ST AVE SOUTH SUITE 110
MINNEAPOLIS,MN55407 		  PC UNRESTRICTED 6,000

CLIMATE GENERATION

2801 21ST AVE SOUTH SUITE 110
MINNEAPOLIS,MN55407 		  PC UNRESTRICTED 2,500

CLIMATE GENERATION

2801 21ST AVE SOUTH SUITE 110
MINNEAPOLIS,MN55407 		  PC YOUTH CLIMATE JUSTICE EDUCATION & ACTION 40,000

CLUES

797 E 7TH STREET
SAINT PAUL,MN55106 		  PC UNRESTRICTED 7,000

CLUES

797 E 7TH STREET
SAINT PAUL,MN55106 		  PC YA! YOUTH IN ACTION 35,000

COALITION OF ASIAN AMERICAN LEADERS

941 LAFOND AVE STE 205
SAINT PAUL,MN55104 		  PC UNRESTRICTED 10,000

COALITION OF ASIAN AMERICAN LEADERS

941 LAFOND AVE STE 205
SAINT PAUL,MN55104 		  PC UNRESTRICTED 15,000

COMMON HOPE

1410 ENERGY PARK DRIVE SUITE 4
SAINT PAUL,MN55108 		  PC UNRESTRICTED 8,000

COMMON HOPE

1410 ENERGY PARK DRIVE SUITE 4
SAINT PAUL,MN55108 		  PC UNRESTRICTED 20,000

COMMUSICATION

690 JACKSON ST
SAINT PAUL,MN55130 		  PC UNRESTRICTED 40,000

COMUNIDADES ORGANIZANDO EL PODER Y LA ACCION LATINA (COPAL)

3702 EAST LAKE STREET
MINNEAPOLIS,MN55406 		  PC UNRESTRICTED 30,000

COOKIE CART

1119 W BROADWAY AVE
MINNEAPOLIS,MN55411 		  PC UNRESTRICTED 2,500

CORNERSTONE

1000 E 80TH ST
BLOOMINGTON,MN55420 		  PC UNRESTRICTED 3,000

CREA

5824 CLOVER DRIVE
OAKLAND,CA94618 		  PC UNRESTRICTED 20,000

CULTURAL WELLNESS CENTER

2025 PORTLAND AVENUE
MINNEAPOLIS,MN55404 		  PC UNRESTRICTED 45,000

DREAM OF WILD HEALTH

1308 E FRANKLIN AVE SUITE 203
MINNEAPOLIS,MN55404 		  PC UNRESTRICTED 50,000

EAST PHILLIPS NEIGHBORHOOD INSTITUTE

333 WASHINGTON AVE N SUITE 210
MINNEAPOLIS,MN55401 		  PC SMITH FOUNDRY 5,000

EAST PHILLIPS NEIGHBORHOOD INSTITUTE

333 WASHINGTON AVE N SUITE 210
MINNEAPOLIS,MN55401 		  PC SMITH FOUNDRY 5,000

EAST PHILLIPS NEIGHBORHOOD INSTITUTE

333 WASHINGTON AVE N SUITE 210
MINNEAPOLIS,MN55401 		  PC UNRESTRICTED 55,000

EASTERN CONGO INITIATIVE (AKA ASILI)

1325 QUINCY STREET NE SUITE A1
MINNEAPOLIS,MN55413 		  PC UNRESTRICTED 90,000

EASTERN CONGO INITIATIVE (AKA ASILI)

1325 QUINCY STREET NE SUITE A1
MINNEAPOLIS,MN55413 		  PC UNRESTRICTED 40,000

ED ALLIES

1621 E HENNEPIN AVE STE 295
MINNEAPOLIS,MN55414 		  PC STUDENT-CENTERED EDUCATION JUSTICE 40,000

ED ALLIES

1621 E HENNEPIN AVE STE 295
MINNEAPOLIS,MN55414 		  PC UNRESTRICTED 25,000

EDUCATE2ENVISION INTERNATIONAL

PO BOX 223
SAN LEANDRO,CA94577 		  PC CAPACITY BUILDING 20,000

EDUCATE2ENVISION INTERNATIONAL

PO BOX 223
SAN LEANDRO,CA94577 		  PC UNRESTRICTED 20,000

EDUCATORS FOR EXCELLENCE-MINNESOTA

729 N WASHINGTON AVE SUITE 600
MINNEAPOLIS,MN55401 		  PC UNRESTRICTED 40,000

EQUASPACE

PO BOX 4458
ST PAUL,MN55104 		  PC UNRESTRICTED 7,500

FABRETTO CHILDREN'S FOUNDATION

1563 SHERMAN AVE SUITE 201
EVANSTON,IL60201 		  PC HONDURAN YOUTH EDUCATION & TRAINING 50,000

FAMILY TREE

1919 NICOLLET AVE
MINNEAPOLIS,MN55403 		  PC UNRESTRICTED 15,000

FORTIS CAPITAL

333 WASHINGTON AVE N STE 300
MINNEAPOLIS,MN554011353 		  PC UNRESTRICTED 5,000

FORTIS CAPITAL

333 WASHINGTON AVE N STE 300
MINNEAPOLIS,MN554011353 		  PC UNRESTRICTED 5,000

FORTIS CAPITAL

333 WASHINGTON AVE N STE 300
MINNEAPOLIS,MN554011353 		  PC UNRESTRICTED 15,000

FRIENDS OF RAISING THE VILLAGE INCORPORATED

ATTN PETER FRANTZIS C/O TD BANK
31-90 STEINWAY STREET
ASTORIA,NY11103 		  PC UNRESTRICTED 30,000

FRIENDS OF THE HENNEPIN COUNTY LIBRARY

300 NICOLLET MALL N-290
MINNEAPOLIS,MN55401 		  PC SUMNER LIBRARY 9,500

FRIENDS OF THE HENNEPIN COUNTY LIBRARY

300 NICOLLET MALL N-290
MINNEAPOLIS,MN55401 		  PC SUMNER LIBRARY 16,500

FRIENDS OF THE MISSISSIPPI RIVER

101 E 5TH ST STE 2000
SAINT PAUL,MN55101 		  PC UNRESTRICTED 10,000

FUNDACION DORCAS (AKA DORCAS FOUNDATION WITH EQUIVALENCY DETERMINATION)

POLYGON H BLOCK 5 COLONIA MIRAMONTE
SANTA ANA,LOURDES COLN LA L00000
ES 		  PC UNRESTRICTED 2,000

GAIA FOUNDATION WITH EQUIVALENCY DETERMINATION

44 GRAND PARADE
BRIGHTON,EAST SUSSEXBN29QA
UK 		  PC UNRESTRICTED 20,000

GAIA FOUNDATION WITH EQUIVALENCY DETERMINATION

44 GRAND PARADE
BRIGHTON,EAST SUSSEXBN29QA
UK 		  PC UNRESTRICTED 20,000

GLASSWING INTERNATIONAL

85 BROAD STREET FLOOR 17
NEW YORK,NY10004 		  PC EMPOWER AND EVOLVE: EDUCATION IN HONDURAS 30,000

GREAT MN SCHOOLS

1330 LAGOON AVENUE 4TH FLOOR
MINNEAPOLIS,MN55408 		  PC UNRESTRICTED 5,000

GREATER MINNEAPOLIS COUNCIL OF CHURCHES (GMCC)

1100 EAST LAKE STREET
MINNEAPOLIS,MN55407 		  PC LAKE STREET YOUTH LABS 20,000

GREATER MINNEAPOLIS CRISIS NURSERY

4544 FOURTH AVE S
MINNEAPOLIS,MN55419 		  PC UNRESTRICTED 7,000

GREATER MINNEAPOLIS CRISIS NURSERY

4544 FOURTH AVE S
MINNEAPOLIS,MN55419 		  PC UNRESTRICTED 7,000

GREATER MINNEAPOLIS CRISIS NURSERY

4544 FOURTH AVE S
MINNEAPOLIS,MN55419 		  PC UNRESTRICTED 4,000

GREATER TWIN CITIES UNITED WAY

404 SOUTH EIGHTH STREET SUITE 100
MINNEAPOLIS,MN55404 		  PC START EARLY FUNDERS COALITION (START EARLY) 4,000

GREATER TWIN CITIES UNITED WAY

404 SOUTH EIGHTH STREET SUITE 100
MINNEAPOLIS,MN55404 		  PC START EARLY FUNDERS COALITION (START EARLY) 3,000

GREATER TWIN CITIES UNITED WAY

404 SOUTH EIGHTH STREET SUITE 100
MINNEAPOLIS,MN55404 		  PC 80X3 50,000

GREEN CARD VOICES

2611 1ST AVE S MINNEAPOLIS MN 55408
MINNEAPOLIS,MN55410 		  PC UNRESTRICTED 2,500

GROUNDSWELL INTERNATIONAL

2101 L ST NW SUITE 300
WASHINGTON,DC20037 		  PC ADDRESSING FOOD INSECURITY IN HONDURAS 40,000

GROUNDSWELL INTERNATIONAL

2101 L ST NW SUITE 300
WASHINGTON,DC20037 		  PC UNRESTRICTED 1,000

GUATEMALAN TOMORROW FUND INC

PO BOX 3636
TEQUESTA,FL33469 		  PC UNRESTRICTED 40,000

HALLIE Q BROWN COMMUNITY CENTER

270 N KENT ST
SAINT PAUL,MN55102 		  PC UNRESTRICTED 5,000

HALLIE Q BROWN COMMUNITY CENTER

270 N KENT ST
SAINT PAUL,MN55102 		  PC THE FOOD SHELF 25,000

HAMAKUA HEALTH CENTER INC

IRENE CARPENTER HMKUA-KOHALA HEALTH
45-549 PLUMERIA STREET
HONOKAA,HI96727 		  PC UNRESTRICTED 10,000

HARAMBEE SPORTS CLUB

2432 30TH AVE S
MINNEAPOLIS,MN554061446 		  PC UNRESTRICTED 3,000

HAWAIIAN ISLANDS LAND TRUST (DBA HAWAII LAND TRUST)

126 QUEEN ST STE 306
HONOLULU,HI96813 		  PC OLA MAHUKONA 250,000

HEADWATERS FOUNDATION FOR JUSTICE

2801 21ST AVENUE SOUTH SUITE 132B
MINNEAPOLIS,MN55407 		  PC THE GIVING PROJECT 5,000

HEADWATERS FOUNDATION FOR JUSTICE

2801 21ST AVENUE SOUTH SUITE 132B
MINNEAPOLIS,MN55407 		  PC UNRESTRICTED 30,000

HIAWATHA ACADEMIES

3500 E 28TH ST
MINNEAPOLIS,MN55406 		  PC ATHLETIC PROGRAMMING 5,000

HMONG AMERICAN FARMER ASSOCIATION

149 THOMPSON AVENUE EAST SUITE 210
WEST SAINT PAUL,MN55118 		  PC TRAINING SMALL SCALE FARMERS 50,000

HMONG AMERICAN PARTNERSHIP

394 UNIVERSITY AVE W 2ND FLOOR
SAINT PAUL,MN55103 		  PC YOUTH JOB SKILLS TRAINING PROGRAM 40,000

HOPE COMMUNITY INC

611 EAST FRANKLIN AVENUE
MINNEAPOLIS,MN55404 		  PC FRONTLINE STAFF SELF CARE 5,000

HOPE COMMUNITY INC

611 EAST FRANKLIN AVENUE
MINNEAPOLIS,MN55404 		  PC FRONTLINE STAFF SELF CARE 3,000

HOSPITALITY HOUSE YOUTH DEVELOPMENT

1220 LOGAN AVENUE NORTH PO BOX
11008
MINNEAPOLIS,MN554110008 		  PC UNRESTRICTED 5,500

HOSPITALITY HOUSE YOUTH DEVELOPMENT

1220 LOGAN AVENUE NORTH PO BOX
11008
MINNEAPOLIS,MN554110008 		  PC UNRESTRICTED 5,500

INTERNATIONAL COMMUNITY FOUNDATION

2505 N AVENUE
NATIONAL CITY,CA91950 		  PC POLICY STRUCTURE 4,000

INTERNATIONAL INSTITUTE OF MINNESOTA

1694 COMO AVENUE
SAINT PAUL,MN55108 		  PC UNRESTRICTED 5,000

IRREDUCIBLE GRACE FOUNDATION

643 VIRGINIA STREET
SAINT PAUL,MN55103 		  PC UNRESTRICTED 35,000

ISUROON

1600 EAST LAKE STREET SUITE 1
MINNEAPOLIS,MN55407 		  PC UNRESTRICTED 10,000

JUNIOR ACHIEVEMENT NORTH

1745 UNIVERSITY AVE WEST
SAINT PAUL,MN55104 		  PC UNRESTRICTED 7,000

JUNIOR ACHIEVEMENT NORTH

1745 UNIVERSITY AVE WEST
SAINT PAUL,MN55104 		  PC UNRESTRICTED 3,000

JUXTAPOSITION ARTS INC

1108 WEST BROADWAY AVE
MINNEAPOLIS,MN55411 		  PC JXTALABS PROGRAM 50,000

LAKE STREET COUNCIL

2925 CHICAGO AVE STE 190
MINNEAPOLIS,MN55407 		  PC ENERGY DECARBONIZATION INITIATIVE 10,000

LAND BANK TWIN CITIES INC

2515 WABASH AVENUE SUITE 150
ST PAUL,MN55114 		  PC UNRESTRICTED 15,000

LAND STEWARDSHIP PROJECT

821 E 35TH ST STE 200
MINNEAPOLIS,MN55407 		  PC CAPACITY BUILDING 20,000

LAND STEWARDSHIP PROJECT

821 E 35TH ST STE 200
MINNEAPOLIS,MN55407 		  PC UNRESTRICTED 45,000

LAST MILE HEALTH

177 HUNTINGTON AVE SUITE 1703 PMB
31738
BOSTON,MA02115 		  PC TRANSLATING COMMUNITY VOICE INTO ACTION 4,000

LATINO ECONOMIC DEVELOPMENT CENTER

804 MARGARET STREET
SAINT PAUL,MN55106 		  PC UNRESTRICTED 30,000

LATINOLEAD

797 7TH ST E STE 151
SAINT PAUL,MN551065070 		  PC UNRESTRICTED 15,000

LATINOLEAD

797 7TH ST E STE 151
SAINT PAUL,MN551065070 		  PC UNRESTRICTED 10,000

LEGAL RIGHTS CENTER

1611 PARK AVE S
MINNEAPOLIS,MN55404 		  PC UNRESTRICTED 30,000

MAARIFA LEARNING ACADEMY (GRANTOR MYRIAD USA)

12413 RAMBLING LN
BOWIE,MD20715 		  PC UNRESTRICTED 10,000

MACALESTER COLLEGE

1600 GRAND AVENUE
SAINT PAUL,MN55105 		  PC ENDOWED ENTREPRENEURSHIP FUND 50,000

MACPHAIL CENTER FOR MUSIC

501 S 2ND ST
MINNEAPOLIS,MN55401 		  PC UNRESTRICTED 4,000

MAMA HOPE

276 5TH AVENUE SUITE 704 722
NEW YORK,NY10001 		  PC UNRESTRICTED 25,000

MAVUNO CONGO (GRANTOR MYRIAD USA)

69 RUE MAVUNO QKALINDA
BENI,NORTH KIVU20715
CG 		  PC MAVUNO ACADEMY PROJECT 20,000

METRO BLOOMS

3747 CEDAR AVE
MINNEAPOLIS,MN55407 		  PC UNRESTRICTED 40,000

MI CASA MN

1053 JEFFERSON ST S
SHAKOPEE,MN55379 		  PC CAPACITY BUILDING 40,000

MI CASA MN

1053 JEFFERSON ST S
SHAKOPEE,MN55379 		  PC UNRESTRICTED 30,000

MINNEAPOLIS PARKS FOUNDATION

4800 MINNEHAHA AVENUE
MINNEAPOLIS,MN55417 		  PC EMERALD ASH BORER INFESTATION IN MPLS 50,000

MINNESOTA AFRICAN WOMEN'S ASSOCIATION

5701 SHINGLECREEK PARKWAY STE 645
BROOKLYN CENTER,MN55430 		  PC AIGLE PROGRAM 30,000

MINNESOTA BLACK COLLECTIVE FOUNDATION

2314 UNIVERSITY AVE W
ST PAUL,MN551141862 		  PC UNRESTRICTED 40,000

MINNESOTA CENTER FOR ENVIRONMENTAL ADVOCACY

1919 UNIVERSITY AVE SUITE 515
SAINT PAUL,MN55104 		  PC UNRESTRICTED 4,000

MINNESOTA COUNCIL ON FOUNDATIONS

800 WASHINGTON AVE N SUITE 703
MINNEAPOLIS,MN55401 		  PC UNRESTRICTED 4,000

MINNESOTA EDUCATION EQUITY PARTNERSHIP

2233 UNIVERSITY AVE W SUITE 220
SAINT PAUL,MN55114 		  PC UNRESTRICTED 5,000

MINNESOTA EDUCATION EQUITY PARTNERSHIP

2233 UNIVERSITY AVE W SUITE 220
SAINT PAUL,MN55114 		  PC UNRESTRICTED 65,000

MINNESOTA HISTORICAL SOCIETY

345 KELLOGG BLVD W
ST PAUL,MN55102 		  PC UNRESTRICTED 2,500

MINNESOTA ORCHESTRAL ASSOCIATION

ORCHESTRA HALL 1111 NICOLLET MALL
MINNEAPOLIS,MN55403 		  PC UNRESTRICTED 5,000

MINNESOTA ORCHESTRAL ASSOCIATION

ORCHESTRA HALL 1111 NICOLLET MALL
MINNEAPOLIS,MN55403 		  PC UNRESTRICTED 5,000

MINNESOTA PUBLIC RADIO

480 CEDAR STREET
SAINT PAUL,MN55101 		  PC UNRESTRICTED 15,000

MINNESOTA PUBLIC RADIO

480 CEDAR STREET
SAINT PAUL,MN55101 		  PC UNRESTRICTED 10,000

MINNESOTA PUBLIC RADIO

480 CEDAR STREET
SAINT PAUL,MN55101 		  PC UNRESTRICTED 5,000

MINNESOTA ZOO FOUNDATION

13000 ZOO BOULEVARD
APPLE VALLEY,MN55214 		  PC UNRESTRICTED 5,000

MINNESOTA ZOO FOUNDATION

13000 ZOO BOULEVARD
APPLE VALLEY,MN55214 		  PC UNRESTRICTED 5,000

MINNESOTANS' MILITARY APPRECIATION FUND

PO BOX 2070
MINNEAPOLIS,MN55402 		  PC UNRESTRICTED 1,000

MISSISSIPPI PARK CONNECTION

111 KELLOGG BLVD EAST SUITE 105
SAINT PAUL,MN55101 		  PC RIVER LEARNING CENTER 10,000

MISSISSIPPI PARK CONNECTION

111 KELLOGG BLVD EAST SUITE 105
SAINT PAUL,MN55101 		  PC UNRESTRICTED 5,000

MISSISSIPPI PARK CONNECTION

111 KELLOGG BLVD EAST SUITE 105
SAINT PAUL,MN55101 		  PC UNRESTRICTED 55,000

MISSISSIPPI PARK CONNECTION

111 KELLOGG BLVD EAST SUITE 105
SAINT PAUL,MN55101 		  PC RIVER LEARNING CENTER 5,000

MN RENEWABLE NOW

2520 23RD AVE N
MINNEAPOLIS,MN55411 		  PC UNRESTRICTED 2,000

MN350

4407 E LAKE ST
MINNEAPOLIS,MN55406 		  PC UNRESTRICTED 40,000

MNI SOTA FUND

1530 E FRANKLIN AVE
MINNEAPOLIS,MN55404 		  PC UNRESTRICTED 15,000

MONITORS FOUNDATION

5115 EXCELSIOR BLVD PMB 381
MINNEAPOLIS,MN554162906 		  PC UNRESTRICTED 2,500

MONTESSORI AMERICAN INDIAN CHILDCARE CENTER INCORPORATED

1909 IVY AVE E
ST PAUL,MN551193223 		  PC UNRESTRICTED 75,000

NATIK ESPERANZA

2700 MAYAN DRIVE
FORT LAUDERDALE,FL33316 		  PC UNRESTRICTED 20,000

NATIK ESPERANZA

2700 MAYAN DRIVE
FORT LAUDERDALE,FL33316 		  PC UNRESTRICTED 20,000

NAWAYEE CENTER SCHOOL

2421 BLOOMINGTON AVE S
MINNEAPOLIS,MN554043918 		  PC LAND-BASED EDUCATION 5,000

NEIGHBORHOOD DEVELOPMENT ALLIANCE INC (NEDA CENTRO)

481 WABASHA STREET SOUTH
SAINT PAUL,MN551071142 		  PC UNRESTRICTED 20,000

NEIGHBORHOOD HOUSE

179 ROBIE STREET EAST
SAINT PAUL,MN55107 		  PC UNRESTRICTED 40,000

NEW LEADERS

101 WEST 23RD STREET STE 300
NEW YORK,NY10011 		  PC UNRESTRICTED 5,000

NEXUS COMMUNITY PARTNERS

2314 UNIVERSITY AVE W STE 18 SUITE
18
SAINT PAUL,MN55114 		  PC UNRESTRICTED 35,000

NORTH AMERICAN ASSOCIATION FOR ENVIRONMENTAL EDUCATION

1250 24TH STREET NW SUITE 801
WASHINGTON,DC20037 		  PC ENVIRONMENTAL EDUCATION 1,000

NORTH STAR COMMUNITY ROWING

PO BOX 582415
MINNEAPOLIS,MN55401 		  PC UNRESTRICTED 2,500

NORTHEASTERN UNIVERSITY

360 HUNTINGTON AVE
BOSTON,MA02115 		  PC THE ACTION LAB 5,000

NORTHSIDE ACHIEVEMENT ZONE

1964 NORTH 2ND STREET
MINNEAPOLIS,MN55411 		  PC UNRESTRICTED 100,000

NORTHSIDE BOXING CLUB

1704 N33RD AVE
MINNEAPOLIS,MN55412 		  POF UNRESTRICTED 30,000

NORTHSIDE ECONOMIC OPPORTUNITY NETWORK (NEON)

1007 WEST BROADWAY AVE N
MINNEAPOLIS,MN55411 		  PC UNRESTRICTED 30,000

NORTHSIDE RESIDENTS REDEVELOPMENT COUNCIL

1303 GOLDEN VALLEY ROAD
MINNEAPOLIS,MN55411 		  PC CAPACITY BUILDING 50,000

NORTHSIDE RESIDENTS REDEVELOPMENT COUNCIL

1303 GOLDEN VALLEY ROAD
MINNEAPOLIS,MN55411 		  PC HEALTHY URBAN LIVING 50,000

ONE VILLAGE PARTNERS

PO BOX 26055
MINNEAPOLIS,MN55426 		  PC UNRESTRICTED 60,000

OWAMNIYOMNI OKHDAYAPI

400 S 4TH STREET SUITE 401 BOX 211
MINNEAPOLIS,MN55415 		  PC UNRESTRICTED 30,000

PARTNERS IN FOOD SOLUTIONS

200 SOUTHDALE CENTER SUITE 133
EDINA,MN55435 		  PC UNRESTRICTED 7,000

PARTNERS IN FOOD SOLUTIONS

200 SOUTHDALE CENTER SUITE 133
EDINA,MN55435 		  PC UNRESTRICTED 30,000

PEOPLE SERVING PEOPLE

614 3RD STREET S
MINNEAPOLIS,MN554151104 		  PC UNRESTRICTED 75,000

PHYLLIS WHEATLEY COMMUNITY CENTER

1301 10TH AVE N
MINNEAPOLIS,MN554114406 		  PC UNRESTRICTED 50,000

PILLSBURY UNITED COMMUNITIES

3650 FREMONT AVE NORTH
MINNEAPOLIS,MN55412 		  PC PILLSBURY THEATRE 10,000

PLYMOUTH CHRISTIAN YOUTH CENTER

2210 OLIVER AVE NORTH
MINNEAPOLIS,MN55411 		  PC THE CAPRI 10,000

PRAIRIE ISLAND INDIAN COMMUNITY

5636 STURGEON LAKE ROAD
WELCH,MN55089 		  GOV FOOD SOVEREIGNTY INITIATIVE 45,000

PROJECT DIVA

C/O PROJECT DIVA INTERNATIONAL 410
OAK GROVE STREET
MINNEAPOLIS,MN55403 		  PC UNRESTRICTED 5,000

PROJECT FOR PRIDE IN LIVING

1035 EAST FRANKLIN AVENUE
MINNEAPOLIS,MN55404 		  PC UNRESTRICTED 2,500

PROJECT SUCCESS

ONE GROVELAND TERRACE SUITE 300
MINNEAPOLIS,MN55403 		  PC UNRESTRICTED 2,500

PROPEL NONPROFITS

1 SE MAIN STREET SUITE 600
MINNEAPOLIS,MN55414 		  PC UNRESTRICTED 45,000

PROPEL NONPROFITS

1 SE MAIN STREET SUITE 600
MINNEAPOLIS,MN55414 		  PC UNRESTRICTED 20,000

RAINBOW RESEARCH INC

PO BOX 1626
BEMIDJI,MN566191626 		  PC UNRESTRICTED 45,000

REBELLIOUS DREAMERS

8200 PINECROSS LN
ANN ARBOR,MI48103 		  PC UNRESTRICTED 4,000

REGENTS OF THE UNIVERSITY OF COLORADO

1800 N GRANT ST STE 400
DENVER,CO80203 		  PC MORTENSON CENTER FOR GLOBAL ENGINEERING 200,000

RICHFIELD FOUNDATION

1210 SPRING GREEN LANE
BURNSVILLE,MN55306 		  PC UNRESTRICTED 2,000

RIPPLE EFFECT IMAGES

12110 SUNSET HILLS RD 600
RESTON,VA20190 		  PC UNRESTRICTED 2,500

ROOT CAPITAL

245 MAIN STREET 2ND FLOOR
CAMBRIDGE,MA02142 		  PC UNRESTRICTED 40,000

SAHAN JOURNAL

550 VANDALIA STREET SUITE 170
ST PAUL,MN55114 		  PC UNRESTRICTED 5,000

SAHAN JOURNAL

550 VANDALIA STREET SUITE 170
ST PAUL,MN55114 		  PC UNRESTRICTED 2,000

SCHWARZ AFRICA FUND

5441 10TH AVENUE SOUTH
MINNEAPOLIS,MN55417 		  PC UNRESTRICTED 5,000

SCHWARZ AFRICA FUND

5441 10TH AVENUE SOUTH
MINNEAPOLIS,MN55417 		  PC UNRESTRICTED 19,500

SCHWARZ AFRICA FUND

5441 10TH AVENUE SOUTH
MINNEAPOLIS,MN55417 		  PC UNRESTRICTED 100,000

SEATTLE PACIFIC UNIVERSITY

3307 THIRD AVENUE WEST SUITE 201
SEATTLE,WA98119 		  PC UNRESTRICTED 5,000

SECOND HARVEST HEARTLAND

7101 WINNETKA AVE N
BROOKLYN PARK,MN55428 		  PC UNRESTRICTED 12,000

SEEDS FOR PROGRESS FOUNDATION

9260 SW 101ST STREET
MIAMI,FL33176 		  PC UNRESTRICTED 20,000

SETTLED INCORPORATED

1740 VAN DYKE ST
ST PAUL,MN55109 		  PC UNRESTRICTED 2,000

SICKLE CELL FOUNDATION OF MINNESOTA

PO BOX 22206
MINNEAPOLIS,MN55422 		  PC UNRESTRICTED 2,500

SILICON VALLEY URBAN DEBATE LEAGUE

SOBRATO CENTER FOR NONPROFITS 502
VALLEY WAY
MILPITAS,CA95035 		  PC UNRETRICTED 2,500

SMART NORTH

1724 SUMMIT AVE
MINNEAPOLIS,MN55403 		  PC UNRESTRICTED 30,000

SOCIAL VENTURE PARTNERS MINNESOTA

SOCIAL VENTURE PARTNERS MINNESOTA
2801 HENNEPIN AVE S 152
MINNEAPOLIS,MN55408 		  PC UNRESTRICTED 20,000

SOL OF THE CITIES

1210 SPRING GREEN LANE
BURNSVILLE,MN55306 		  PC UNRESTRICTED 5,000

SOL OF THE CITIES

1210 SPRING GREEN LANE
BURNSVILLE,MN55306 		  PC UNRESTRICTED 30,000

SOL OF THE CITIES

1210 SPRING GREEN LANE
BURNSVILLE,MN55306 		  PC CAPACITY BUILDING 50,000

SOL OF THE CITIES

202 N CEDAR AVE STE 1
OWATONNA,MN55060 		  PC UNRESTRICTED 5,000

SOMALI YOUTH AND FAMILY DEVELOPMENT CENTER

2400 PARK AVENUE
MINNEAPOLIS,MN55404 		  PC SOMFAMS EAST AFRICAN YOUTH EDUCATION 30,000

SOUTHERN POVERTY LAW CENTER INC

400 WASHINGTON AVE
MONTGOMERY,AL36104 		  PC UNRESTRICTED 5,000

SOUTHSIDE FAMILY NURTURING CENTER

2448 18TH AVENUE SOUTH
MINNEAPOLIS,MN55404 		  PC UNRESTRICTED 45,000

SPARK-Y YOUTH ACTION LABS

681 17TH AVE NE UNIT 101
MINNEAPOLIS,MN55413 		  PC AGRICULTURE AND ECONOMIC DEVELOPMENT 10,000

TEACHING FOR EQUITY EMPOWERMENT AND COMMUNITY HEALING (TEECH)

1041 GRAND AVENUE BOX 276
ST PAUL,MN55105 		  PC UNRESTRICTED 10,000

TEATRO DEL PUEBLO INC

209 PAGE ST W
ST PAUL,MN55107 		  PC UNRESTRICTED 10,000

TEJIENDO FUTUROS (WITH EQUIVALENCY DETERMINATION)

2A AVENIDA 4-33 BARRIO NORTE
PANAJACHEL   7010
GT 		  PC UNRESTRICTED 40,000

THE BELWIN CONSERVANCY

1553 STAGECOACH TRAIL SOUTH
AFTON,MN55001 		  PC UNRESTRICTED 20,000

THE CHAIN COLLABORATIVE

133 FEDERAL WALK
KENNETT SQUARE,PA19348 		  PC UNRESTRICTED 20,000

THE FAMILY PARTNERSHIP

1527 EAST LAKE STREET
MINNEAPOLIS,MN55407 		  PC MULTICULTURAL THERAPEUTIC PRESCHOOL 50,000

THE FOOD GROUP

8501 54TH AVE N
NEW HOPE,MN55428 		  PC EMERGING FARMERS CONFERENCE 5,000

THE GOOD ACRE

1790 LARPENTEUR AVE W
FALCON HEIGHTS,MN55113 		  PC UNRESTRICTED 50,000

THE LANGUAGE ATTITUDE INSTITUTE

3222 MORGAN AVE NORTH
MINNEAPOLIS,MN55412 		  PC CREATIVE LEADERSHIP COACHING 30,000

THE MINNEAPOLIS FOUNDATION

80 SOUTH EIGHTH STREET
MINNEAPOLIS,MN55402 		  PC NORTHSIDE YOUTH ENRICHMENT FUND 60,000

THE MUSEUM OF RUSSIAN ART

5500 STEVENS AVENUE
MINNEAPOLIS,MN55419 		  PC UNRESTRICTED 100,000

THE NATURE CONSERVANCY

1101 W RIVER PKWY SUITE 200
MINNEAPOLIS,MN55415 		  PC TUUNGANE PROJECT 10,000

THE NATURE CONSERVANCY

1101 W RIVER PKWY SUITE 200
MINNEAPOLIS,MN55415 		  PC TUUNGANE 60,000

THOUSAND CURRENTS

548 MARKET ST SUITE 62831
SAN FRANCISCO,CA941045401 		  PC UNRESTRICTED 75,000

TIDES CENTER

1014 TORNEY AVENUE
SAN FRANCISCO,CA94129 		  PC UNRESTRICTED 45,000

TIWAHE FOUNDATION

332 MINNESOTA ST SUITE W1520
ST PAUL,MN55101 		  PC UNRESTRICTED 15,000

TIWAHE FOUNDATION

332 MINNESOTA ST SUITE W1520
ST PAUL,MN55101 		  PC UNRESTRICTED 10,000

TOWER-SOUDAN HISTORICAL SOCIETY

404 PINE STREET PO BOX 465
TOWER,MN55782 		  PC UNRESTRICTED 5,000

TWIN CITIES HABITAT FOR HUMANITY

1954 UNIVERSITY AVE W
MINNEAPOLIS,MN55104 		  PC ADVANCING BLACK HOMEOWNERSHIP 10,000

TWIN CITIES PBS (TPT)

172 EAST FOURTH STREET SUITE E
SAINT PAUL,MN55101 		  PC UNRESTRICTED 5,000

TWIN CITIES PBS (TPT)

172 EAST FOURTH STREET SUITE E
SAINT PAUL,MN55101 		  PC UNRESTRICTED 15,000

TWIN CITIES RISE

1301 BRYANT AVENUE NORTH
MINNEAPOLIS,MN55411 		  PC UNRESTRICTED 5,000

UJAMAA PLACE

1821 UNIVERSITY AVENUE SUITE 187
SAINT PAUL,MN55104 		  PC UNRESTRICTED 2,500

ULTIMATE PEACE INC

78 CRITTENDEN HILL RD
SHELBURNE FALLS,MA01370 		  PC UNRESTRICTED 5,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK STREET SE SUITE 500
MINNEAPOLIS,MN554552010 		  PC COLLEGE OF EDUCATION AND HUMANDEVELOPMENT WITH PREFERENCE TO NATIVE STUDIES WORKSHOP FOR EDUCATORS 5,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK STREET SE SUITE 500
MINNEAPOLIS,MN554552010 		  PC ALEX P. GALLE SCHOLARSHIP FUND 4,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK STREET SE SUITE 500
MINNEAPOLIS,MN554552010 		  PC INSECT MUSEUM FUND 6,000

UNIVERSITY OF WISONSIN FOUNDATION

1848 UNIVERSITY AVE
MADISON,WI53726 		  PC PETROVICH CHAIR 50,000

URBAN BIRD COLLECTIVE

122 W WINIFRED STREET
SAINT PAUL,MN55107 		  PC UNRESTRICTED 4,000

URBAN BIRD COLLECTIVE

122 W WINIFRED STREET
SAINT PAUL,MN55107 		  PC UNRESTRICTED 25,000

URBAN ROOTS MN

1110 PAYNE AVENUE
SAINT PAUL,MN55130 		  PC YOUTH STEWARDSHIP AND CONSERVATION 45,000

URBAN ROOTS MN

1110 PAYNE AVENUE
SAINT PAUL,MN55130 		  PC UNRESTRICTED 35,000

URBAN STRATEGIES INC

100 N BROADWAY SUITE 1110
ST LOUIS,MO63102 		  PC GREEN GARDEN PROJECT 30,000

VOICES FOR RACIAL JUSTICE

2525 E FRANKLIN AVENUE SUITE 301
MINNEAPOLIS,MN55406 		  PC UNRESTRICTED 35,000

WAKAN TIPI AWANYANKAPI (FKA LOWER PHALEN CREEK PROJECT)

60 PLATO BLVD EAST SUITE 400
SAINT PAUL,MN55107 		  PC DAYLIGHTING PHALEN CREEK 60,000

WALKER WEST MUSIC ACADEMY

760 SELBY AVENUE
SAINT PAUL,MN55104 		  PC UNRESTRICTED 3,000

WALKER WEST MUSIC ACADEMY

760 SELBY AVENUE
SAINT PAUL,MN55104 		  PC UNRESTRICTED 3,000

WANDIKWEZA (WITH EQUIVALENCY DETERMINATION)

47/4/622 AREA 47 P O BOX 851
LILONGWE,LILONGWE265
MI 		  PC UNRESTRICTED 25,000

WASHBURN CENTER FOR CHILDREN

1100 GLENWOOD AVE
MINNEAPOLIS,MN55405 		  PC UNRESTRICTED 15,000

WAY TO GROW

201 IRVING AVE N SUITE 100
MINNEAPOLIS,MN55405 		  PC UNRESTRICTED 75,000

WE WIN INSTITUTE INC

3424 PORTLAND AVENUE SOUTH
MINNEAPOLIS,MN55407 		  PC UNRESTRICTED 40,000

WELLSHARE INTERNATIONAL

122 WEST FRANKLIN AVENUE SUITE 510
MINNEAPOLIS,MN55404 		  PC TOGETHER FOR HEALTH/AFYA KWA PAMOJA 30,000

WESTSIDE BOOSTERS YOUTH ATHLETIC CLUB INCORPORATED

179 ROBIE ST E
ST PAUL,MN551072360 		  PC UNRESTRICTED 5,000

WILDERNESS INQUIRY

1611 COUNTY RD B WEST SUITE 315
ST PAUL,MN55113 		  PC UNRESTRICTED 5,000

WOMEN'S FOUNDATION OF MINNESOTA

105 FIFTH AVENUE SOUTH SUITE 300
MINNEAPOLIS,MN55401 		  PC UNRESTRICTED 1,000

WORLD SAVVY

2429 NICOLLET AVE
MINNEAPOLIS,MN55404 		  PC CRITICAL CONVERSATIONS 20,000

WORLD SAVVY

2429 NICOLLET AVE
MINNEAPOLIS,MN55404 		  PC WE MUST IMAGINE CAMPAIGN 30,000

WORLD SAVVY

2429 NICOLLET AVE
MINNEAPOLIS,MN55404 		  PC INFORMATION MANAGEMENT SYSTEM 100,000

YMCA OF THE NORTH

651 NICOLLET MALL SUITE 500
MINNEAPOLIS,MN55402 		  PC UNRESTRICTED 10,000

YMCA OF THE NORTH

651 NICOLLET MALL SUITE 500
MINNEAPOLIS,MN55402 		  PC YMCA BEACONS PROGRAM 35,000

YOUTH FOR UNDERSTANDING

C/O DEVELOPMENT OFFICE 3995 FASHION
SQUARE BLVD SUITE 2
SAGINAW,MI48603 		  PC UNRESTRICTED 7,000

YOUTH LEADERSHIP INITIATIVE

5500 38TH AVENUE SOUTH
MINNEAPOLIS,MN55417 		  PC UNRESTRICTED 30,000

YOUTHPRISE

3001 BROADWAY ST NE SUITE 330
MINNEAPOLIS,MN55413 		  PC UNRESTRICTED 50,000

YWCA MINNEAPOLIS

2121 EAST LAKE STREET
MINNEAPOLIS,MN55407 		  PC UNRESTRICTED 10,000
Total .................................right arrow 3a 6,205,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
aVISION FUND INTERNATIONAL     14   14,307
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 291,990  
4 Dividends and interest from securities ....     14 2,897,510  
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 .....     14 271,259  
8 Gain or (loss) from sales of assets other than
inventory ............ 		901101 75,597 18 7,716,768  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		901101 -116,011      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -40,414 11,177,527 14,307
13Total. Add line 12, columns (b), (d), and (e)..................
13
11,151,420
(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.)
1A INTEREST INCOME ON PROGRAM RELATED INVESTMENT
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


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

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

41-1958621
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
MORTENSON FAMILY FOUNDATION
  		Employer identification number
41-1958621
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
MA MORTENSON COMPANY
 
700 MEADOW LANE N
 
MINNEAPOLIS, MN55422

$ 6,025,665


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

$  


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

$  


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

$  


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

$  


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

$  


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

41-1958621
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 5,805 SHARES OF MFO DODGE & COX STOCK FD (DODGX) $ 1,656,845 2024-12-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 83,532 SHARES OF MFO VANGUARD SPECIALIZED FUNDS DIVIDEND GROWTH FD $ 3,454,899 2024-12-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
MORTENSON FAMILY FOUNDATION
  		Employer identification number

41-1958621
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADMINISTRATIVE SERVICES 203,644 0   203,644

TY 2024 AllOthProgRltdInvestmentsSch
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Category Amount
NONE 0

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

TY 2024 ExpenditureResponsibilityStmt
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
NORTHSIDE BOXING CLUB
  		1704 N33RD AVE
MINNEAPOLIS,MN55412 		2023-09-27 30,000 NORTHSIDE BOXING CLUB'S MISSION IS TO EFFECT POSITIVE CHANGE IN NORTH MINNEAPOLIS YOUTH THROUGH BOXING, EDUCATION, AND PHYSICAL FITNESS. OUR VISION IS TO INSPIRE A COMMUNITY OF POWERFUL AND HOPEFUL YOUTH WHO ACHIEVE SELF-DISCIPLINE, CONFIDENCE, COMPASSION AND RESPECT. 25,000 N/A 02/28/24   FOUNDATION STAFF REVIEWED THE GRANTEE'S REPORT BUT DID NOT CONDUCT ANY INDEPENDENT VERIFICATION OF THE GRANTEE'S REPORTS AS THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. TREAS. REG. SECTION 53.4945-5(C)(1).
NORTHSIDE BOXING CLUB
  		1704 N33RD AVE
MINNEAPOLIS,MN55412 		2024-07-31 30,000 NORTHSIDE BOXING CLUB'S MISSION IS TO EFFECT POSITIVE CHANGE IN NORTH MINNEAPOLIS YOUTH THROUGH BOXING, EDUCATION, AND PHYSICAL FITNESS. OUR VISION IS TO INSPIRE A COMMUNITY OF POWERFUL AND HOPEFUL YOUTH WHO ACHIEVE SELF-DISCIPLINE, CONFIDENCE, COMPASSION AND RESPECT. 30,000 N/A 02/12/25   FOUNDATION STAFF REVIEWED THE GRANTEE'S REPORT BUT DID NOT CONDUCT ANY INDEPENDENT VERIFICATION OF THE GRANTEE'S REPORTS AS THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. TREAS. REG. SECTION 53.4945-5(C)(1).

TY 2024 InvestmentsCorpStockSchedule
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Name of Stock End of Year Book Value End of Year Fair Market Value
PUBLICLY TRADED SECURITIES 69,920,593 81,497,360

TY 2024 InvestmentsOtherSchedule2
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ABBEY CAPITAL MULTI-MANAGER FUND LTD FMV 2,623,617 2,345,365
ADVANCED TRADE GROWTH FMV 1,500,000 1,763,478
BASE10 ADVANCEMENT FMV 742,799 781,520
BRAESWOOD CARBON PARTNERS, LP FMV 2,913,595 3,491,486
BRAESWOOD CLIMATE PARTNERS, LP FMV 1,449,622 1,627,375
BRIDGE WORKFORCE AND AFFORDABLE HOUSING FUND FMV 502,920 1,095,155
BROWN VENTURE GROUP FMV 447,365 610,043
COVEN INC FMV 546,111 546,111
DEV EQUITY II, LP FMV 671,797 584,177
ECOSYSTEM INTEGRITY FUND III LP FMV 663,516 722,482
ECOSYSTEM INTEGRITY FUND V LP FMV 404,096 444,552
FRACTAL AGRICULTURE REGENERATIVE FMV 975,931 999,349
GRANITE EQUITY FMV 962,642 1,550,329
HEWITT LLLP FMV 5,562,241 9,121,258
KIPETO SPV, LLC FMV 528,623 707,546
KUJA KUJA FMV 1,513,666 1,567,073
LYME FOREST FUND V FB LP FMV 661,539 1,181,487
MONDRIAN GLOBAL EQUITY ESG FUND FMV 9,876,834 10,178,506
MPOWERED CAPITAL ACCESS FUND LP FMV 510,642 561,137
MT NUTRITION II FMV 1,032,848 1,782,760
NORTH SKY CLEAN GROWTH FUND VI, LP FMV 1,191,886 2,223,216
NOVASTAR VENTURES FMV 111,844 111,842
OBVIOUS VENTURES III, L. P. FMV 695,185 1,221,703
OKABENA MARKETABLE ALT FUND FMV 4,471,832 10,009,879
OSK IMPACT HOLDINGS, LLC FMV 1,000,000 1,000,000
PALO ALTO LIFE SCIENCES FMV 1,457,351 1,468,415
RETHNK FOOD, LP FMV 768,422 702,693
RETHINK IMPACT, LP FMV 1,337,002 2,606,110
ROCKWALL CAPITAL PARTNERS, LLC FMV 715,985 2,049,944
RTW OFFSHORE FUND ONE, LTD FMV 1,465,376 1,139,724
SHARED X, LLC FMV 1,827,519 3,326,943
SHARES SPV-D LLC FMV 373,126 742,560
SOL ORGANICA, LLC FMV 2,047,305 1,925,000
WOVENEARTH FUND I FMV 930,542 1,048,152

TY 2024 OtherAssetsSchedule
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INTEREST RECEIVABLE 62,630 64,573 64,573
AFRICAN DEVELOPMENT CENTER 2022 250,000 250,000 250,000
AFRICAN ECONOMIC DEVELOPMENT 150,000 150,000 150,000
AFRICE LOAN 0 20,000 20,000
ASILI HOLDINGS, LLC 500,000 500,000 500,000
BII GII WIIN COMMUNITY DEVELOPMENT 100,000 100,000 100,000
FABRETTO CHILDREN'S FOUNDATION NOTE 25,000 0 0
FORTIS CAPITAL 250,000 250,000 250,000
LAND BANK TWIN CITIES 100,000 100,000 100,000
LATINO ECONOMIC DEVELOPMENT CENTER 150,000 150,000 150,000
LINCOLN NATIONAL LIFE INSURANCE POLICY 106,812 37,933 37,933
NEDA CENTRO DE FINANZAS LLC 100,000 100,000 100,000
NONPROFITS ASSISTANCE FUND 200,000 0 0
NORTHSIDE ECONOMIC OPPORTUNITY 150,000 150,000 150,000
PARTNERS IN FOOD SOLUTIONS 250,000 500,000 500,000
ROOT CAPITAL, INC. 500,000 500,000 500,000
SHARED_X PROMISSORY NOTE 500,000 500,000 500,000
SOL ORGANICA FARMER FUNDING 100,000 100,000 100,000
SOL ORGANICA NOTE 384,089 384,089 384,089
SOL ORGANICA BRIDGE LOAN #2 0 450,000 450,000
TIAA CREF LIFE INSURANCE POLICY 91,615 56,003 56,003
WORLD VISION LOAN - PRI 500,000 500,000 500,000


TY 2024 OtherDecreasesSchedule
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Description Amount
UNREALIZED GAIN ON CONTRIBUTED STOCK 1,868,732


TY 2024 OtherExpensesSchedule
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 2 2   0
CUSTODY FEES 81,362 81,362   0
CLIENT SERVICES 39,387 0   39,387
COMPUTER EXPENSES 18,341 0   17,136
DUES AND SUBSCRIPTIONS 45,219 0   45,365
FDTN CONFERENCES & MEETINGS 21,132 0   21,202
OFFICE EXPENSES AND SUPPLIES 2,699 0   2,568
PROFESSIONAL EDUCATION 14,177 0   13,963
LIFE INSURANCE EXPENSES 730,109 0   0
INTEREST EXPENSE 56,147 56,147   0
TRAVEL 29,217 0   29,226
FROM K-1 ABBEY CAPITAL 99,370 99,370   0
FROM K-1 BASE10 ADVANCEMENT 2,594 2,554   0
FROM K-1 BRAESWOOD CARBON 5,983 5,983   0
FROM K-1 BRAESWOOD CLIMATE 17,685 17,685   0
FROM K-1 BRIDGEWORKFORCE 4,066 4,065   0
FROM K-1 BROWN VENTURE GROUP 65,612 65,132   0
FROM K-1 FRACTAL 22,739 22,739   0
FROM K-1 GRANITE EQUITY 19,217 19,217   0
FROM K-1 HEWITT LLLP 27,813 26,633   0
FROM K-1 KENYA VULTURES 3,902 3,902   0
FROM K-1 LYME FOREST FUND V 2,071 2,071   0
FROM K-1 MONDRIAN GLOBAL 4,943 -1,768   0
FROM K-1 MPOWERED CAPITAL ACCESS 45,469 22,102   0
FROM K-1 MT NUTRITION II 22,511 9,140   0
FROM K-1 NORTH SKY CLEAN GROWTH 40,187 18,979   0
FROM K-1 NOVASTAR 28,064 10,747   0
FROM K-1 OBVIOUS VENTURES 739 739   0
FROM K-1 RETHINK FOOD 34,986 34,716   0
FROM K-1 RETHINK IMPACT, LP 40,839 40,666   0
FROM K-1 ROCK WALL CAPITAL PARTNERS, LLC 46,540 2,003   0
FROM K-1 SHARED X 81,639 0   0
FROM K-1 SHARES SPV 18,219 18,219   0
FROM K-1 WOVENEARTH FUND 50,167 50,155   0


TY 2024 OtherIncomeSchedule2
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
AFRICAN DEVELOPMENT 1,613 1,613 1,613
AFRICAN ECONOMIC 2,500 2,500 2,500
AFRICE 333 333 333
BII GII WIIN C 1,000 1,000 1,000
FABRETTO CHILDRENS 500 500 500
FORTIS 3,750 3,750 3,750
LAND BANK TRUST 1,000 1,000 1,000
LATINO 1,500 1,500 1,500
NEDA CENTRO 1,000 1,000 1,000
NEON 1,500 1,500 1,500
NONPROFITS 1,000 1,000 1,000
OSK IMPACT HOLDINGS 70,192 70,192 70,192
PARTNERS IN FOOD 4,264 4,264 4,264
ROOT CAPITAL 10,000 10,000 10,000
SOL ORGANICA 73,266 8,734 73,266
OTHER INCOME 24 24 24
DEV EQUITY II, LP 25,116 1,374 25,116
ECOSYSTEM 58 143 58
OKABENA MARKET 72,643 72,643 72,643
VISION FUND INTERNATIONAL 14,307 14,307 14,307
OTHER INCOME 0   -116,011


TY 2024 OtherLiabilitiesSchedule
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO BROKER 194,176 90,554
PAYROLL 67,202 53,906


TY 2024 OtherProfessionalFeesSchedule
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BASE10 MANAGEMENT FEES 39,054 39,054   0
BROWN VENTURE GROUP MANAGEMENT FEES 25,000 25,000   0
ECOSYSTEMS 68,125 68,125   0
FRACTAL AGRICULTURE REG MANAGEMENT FEES 2,554 2,554   0
LYME FOREST FUND 8,500 8,500   0
MONDRIAN GLOBAL EQUITY MANAGEMENT FEES 45,928 45,928   0
MPOWER CAPITAL ACCESS MANAGEMENT FEES 15,000 15,000   0
MT NUTRITION MANAGEMENT FEES 30,000 30,000   0
NORTH SKY CLEAN GROWTH MANAGEMENT FEES 27,000 27,000   0
NORTHERN TRUST MANAGEMENT FEES 40,051 40,051   0
OBVIOUS VENTURES 20,000 20,000   0
OKABENA MANAGEMENT FEES 47,310 47,310   0
UBS FINANCIAL MANAGEMENT FEES 416,862 416,862   0
WOVENEARTH 10,000 10,000   0
INVESTMENT ADVISORY FEES 158,550 158,550   0
CONSULTING SERVICES 73,350 0   73,350


TY 2024 TaxesSchedule
Name:
MORTENSON FAMILY FOUNDATION
EIN:
41-1958621
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 35,000 0   0
FOREIGN TAXES 107,425 107,425   0
STATE FILING FEES 26 0   26