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
MINNESOTA POWER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)30 WEST SUPERIOR STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DULUTH, MN55802
A Employer identification number

56-2560595
B Telephone number (see instructions)

(218) 355-3169
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$840,837J 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) 750,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 53,852 53,852  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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).......      
12 Total. Add lines 1 through 11........ 803,852 53,852  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,045 1,045   0
19 Depreciation (attach schedule) and depletion...      
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
21,638 4,301   17,217
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,683 5,346   17,217
25 Contributions, gifts, grants paid....... 870,790 870,790
26 Total expenses and disbursements. Add lines 24 and 25 893,473 5,346   888,007
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -89,621
b Net investment income (if negative, enter -0-) 48,506
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............. 120,465 29,921 29,921
2 Savings and temporary cash investments......... 804,493 810,916 810,916
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 5,500    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 930,458 840,837 840,837
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 272,000 377,300
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
50,000 		Click to see attachment
List of Attached Documents:
// Content
50,000
23 Total liabilities (add lines 17 through 22)......... 322,000 427,300
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........... 608,458 413,537
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........    
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)..... 608,458 413,537
30 Total liabilities and net assets/fund balances (see instructions). 930,458 840,837
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
608,458
2
Enter amount from Part I, line 27a .....................
2
-89,621
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
518,837
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
105,300
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
413,537
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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) 1 674
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........................... 3 674
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- ..... 5 674
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,000
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 326
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 326
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 arrowMNPOWER.COM/COMPANY/MPFOUNDATION
14
The books are in care ofright arrowLISA SMITH Telephone no.right arrow (218) 355-3544

Located atright arrow30 WEST SUPERIOR STREETDULUTHMN ZIP+4right arrow558022093
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
BETHANY OWEN PRESIDENT
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
JEFFREY SCISSONS TREASURER
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
AIMEE CURTIS SECRETARY
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
GARY WHEELOCK DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
MIKE PERALA DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
MELISSA WEGLARZ DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
JOHN MUEHLBAUER DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
FRANK FREDERICKSON DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
JODI PIEKARSKI DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
ERIC CLEMENT DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
LORI HOYUM DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
MICHAEL CONRADI DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
KRISTOPHER BURAN DIRECTOR
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
KELLY DESORMEY VICE PRESIDENT
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
KATE VAN DAELE SECRETARY
0.50 		0 0 0
30 WEST SUPERIOR STREET
DULUTH,MN55802
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right 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
0
b
Average of monthly cash balances.......................
1b
979,399
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
979,399
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
979,399
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
14,691
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
964,708
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
48,235
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
48,235
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
674
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
674
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
47,561
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
47,561
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
47,561
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
888,007
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
888,007
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 47,561
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...... 535,253
b From 2020...... 489,885
c From 2021...... 591,370
d From 2022...... 548,825
e From 2023...... 758,288
f Total of lines 3a through e ........ 2,923,621
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 888,007
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..... 47,561
e Remaining amount distributed out of corpus 840,446
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 3,764,067
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) ... 		535,253
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		3,228,814
10 Analysis of line 9:
a Excess from 2020.... 489,885
b Excess from 2021.... 591,370
c Excess from 2022.... 548,825
d Excess from 2023.... 758,288
e Excess from 2024.... 840,446
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MINNESOTA POWER FOUNDATION CO AIMEE
30 WEST SUPERIOR STREET
DULUTH,MN55802
(218) 355-3169
bThe form in which applications should be submitted and information and materials they should include:
APPLICANTS MUST SUBMIT THE FOLLOWING INFORMATION: ORGANIZATION: PROVIDE THE ORGANIZATION'S NAME AND ADDRESS, PLUS CONTACT PERSON'S NAME, TITLE AND TELEPHONE NUMBER. ALSO INCLUDE THE ORGANIZATION'S WEB SITE AND CONTACT'S E-MAIL ADDRESS IF APPLICABLE. ORGANIZATION HISTORY: INCLUDE MISSION STATEMENT. LIST ANY FINANCIAL OR OTHER TYPE OF MINNESOTA POWER INVOLVEMENT WITH THE ORGANIZATION. REQUEST: DESCRIBE THE PROJECT, PROGRAM OR USE FOR WHICH FUNDS ARE REQUESTED. INCLUDE A RANGE OF DONATION LEVELS DESCRIBING HOW EACH LEVEL WOULD ASSIST THE ORGANIZATION. AMOUNT: REQUESTED: STATE THE DOLLAR AMOUNT REQUESTED FROM THE MINNESOTA POWER FOUNDATION. PROJECT BUDGET: INCLUDE A DETAILED BUDGET. LIST OTHER FUNDING PARTNERS INVOLVED WITH THE PROJECT AND INDICATE WHETHER THEY ARE CONFIRMED OR TENTATIVE AND WHAT THEIR RESPECTIVE FINANCIAL COMMITMENTS ARE TO THE SPECIFIC PROJECT. EMPLOYEE INVOLVEMENT: LIST ANY MINNESOTA POWER OR ALLETE EMPLOYEES CURRENTLY VOLUNTEERING WITH YOUR ORGANIZATION
cAny submission deadlines:
GRANT APPLICATIONS ARE ACCEPTED AND REVIEWED THROUGHOUT THE YEAR.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE MINNESOTA POWER FOUNDATION IS COMMITTED TO IMPROVING THE QUALITY OF LIFE IN THE COMMUNITIES WHERE THE COMPANY CONDUCTS BUSINESS. THE MINNESOTA POWER FOUNDATION FOCUSES ITS GIVING IN THE FOLLOWING AREAS: EDUCATION ENVIRONMENT COMMUNITY SERVICES YOUTH DEVELOPMENT ARTS AND CULTURE HEALTH AND HUMAN SERVICES IN GENERAL, ALL AWARDS ARE CONSIDERED ONE-TIME GRANTS. HIGHEST PRIORITY IS GIVEN TO NONPROFIT 501(C)(3) ORGANIZATIONS WITHIN OUR SERVICE TERRITORY THAT SUBMIT WELL-DEFINED REQUESTS FOR PROJECTS OR PROGRAMS THAT MEET THE FOLLOWING CRITERIA: IMPROVE THE COMMUNITY'S QUALITY OF LIFE HAVE A BROAD BASE OF SUPPORT TAKE AN INNOVATIVE AND COST-EFFECTIVE APPROACH DO NOT DUPLICATE OTHER EFFORTS ALREADY IN EXISTENCE INCREASE PUBLIC AWARENESS
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

23RD VETERAN

24 N 21ST AVE W
ESKO,MN55806 		    POSITIVELY POWERFUL 500

POSITIVE ENERGY FOR YOUTH

4757 DATKA RD
CLOQUET,MN55803 		    YOUTH SCHOLARSHIPS 1,500

SUBZERO ROBOTICS

2 E HWY 61
ESKO,MN55733 		    CONTRIBUTION COMMITTEE 2024 SEASON 1,000

MARINER ROBOTICS

137 BANKS BLVD
SILVER BAY,MN55614 		    CONTRIBUTION COMMITTEE 1,000

TOPPERBOTS ROBOTICS

1215 RICE LAKE RD
DULUTH,MN55811 		    CONTRIBUTION COMMITTEE 1,000

RIPSAW ROBOTICS

1000 18TH STREET
CLOQUET,MN55720 		    CONTRIBUTION COMMITTEE 1,000

DULUTH AREA FAMILY YMCA

2000 N 10TH AVE W
DULUTH,MN55812 		    FOUNDATION GRANT 23,500

OLD SCHOOL ARTS CENTER 210 GALLERY AND ART CENTER

210 COMMERCIAL AVENUE NORTH
LITTLE FALLS,MN55072 		    FOUNDATION GRANT 30,000

MESABI RANGE COLLEGE FOUNDATION

601 N 1ST ST W
VIRGINIA,MN55705 		    FOUNDATION GRANTS 6,000

MEN AS PEACEMAKERS

123 W SUPERIOR ST
DULUTH,MN55802 		    FOUNDATION GRANT 10,000

ELY NORDIC SKI AND BIKE CLUB

14390 HIGHWAY 1
ELY,MN55731 		    FOUNDATION GRANT 15,000

COUNTY OF CARLTON IND SCHOOL DISTRICT 100

405 SCHOOL AVENUE
GRAND MARAIS,MN55718 		    CONTRIBUTION COMMITTEE 250

WALKER AREA FOOD SHELF

202 W 5TH ST
WALKER,MN56488 		    CONTRIBUTION COMMITTEE 500

SEBEKA AREA FOOD SHELF

100 JEFFERSON AVE SSEBEKA MN
SEBEKA,MN56477 		    CONTRIBUTION COMMITTEE 500

RICE AREA FOOD SHELF

PO BOX 334
RICE,MN56367 		    CONTRIBUTION COMMITTEE 500

PINE RIVER - BACKUS FAMILY CENTER

245 BARCLAY AVE PINE RIVER
PINE RIVER,MN56474 		    CONTRIBUTION COMMITTEE 500

PIERZ FOOD SHELF

220 MAIN ST S
PIERZ,MN56364 		    CONTRIBUTION COMMITTEE 500

MOTLEY AREA FOOD SHELF

697 3RD AVE S
MOTLEY,ND56466 		    CONTRIBUTION COMMITTEE 500

MORRISON COUNTY FOOD SHELF

912 1ST AVE SW
LITTLE FALLS,MN56345 		    CONTRIBUTION COMMITTEE 500

MENAHGA FOOD SHELF

120 1ST ST NE
MENAHGA,MN56464 		    CONTRIBUTION COMMITTEE 500

LONG PRAIRIE FOOD SHELF

127 CENTRAL AVE
LONG PRAIRIE,MN56347 		    CONTRIBUTION COMMITTEE 500

LAKES AREA FOOD SHELF

PO BOX 423 PEQUOT LAKES
PEQUOT LAKES,MN56472 		    CONTRIBUTION COMMITTEE 500

FOOD SHELF - HUBBARD COUNTY

620 NW 10TH ST
PARK RAPIDS,MN56470 		    CONTRIBUTION COMMITTEE 500

HACKENSACK AREA COMMUNITY FOOD SHELF

208 STATE 371 S
HACKENSACK,MN56452 		    CONTRIBUTION COMMITTEE 500

CUYUNA RANGE FOOD SHELF

302 CROSS AVE NW
CROSBY,MN56441 		    CONTRIBUTION COMMITTEE 500

BROWERVILLE AREA FOOD SHELF

701 N MAIN ST
BROWERVILLE,MN56438 		    CONTRIBUTION COMMITTEE 500

AITKIN COMMUNITY FOOD SHELF

102 4TH ST NW
AITKIN,MN56431 		    CONTRIBUTION COMMITTEE 500

TWO HARBORS AREA FOOD SHELF

508 2ND AVE
TWO HARBORS,MN55662 		    CONTRIBUTION COMMITTEE 750

FOOD SHELF - SILVER BAY

109 S 2ND AVE
SILVER BAY,MN55784 		    CONTRIBUTION COMMITTEE 750

PROCTOR FOOD SHELF

100 PIONK DR
PROCTOR,MN55810 		    CONTRIBUTION COMMITTEE 750

FAMILY PATHWAYS

11800 S 1ST ST
NORTH BRANCH,MN55056 		    CONTRIBUTION COMMITTEES 750

FLOODWOOD FOOD SHELF

203 7TH ST
FLOODWOOD,MN55602 		    CONTRIBUTION COMMITTEE 750

CHURCHES UNITED IN MINISTRY (CHUM)

125 N 1ST AVE W
DULUTH,MN55802 		    CONTRIBUTION COMMITTEE 750

SALVATION ARMY - CLOQUET

316 CARLTON AVE
CLOQUET,MN55720 		    CONTRIBUTION COMMITTEE 750

THE SALVATION ARMY

215 SOUTH 27TH AVE W
DULUTH,MN55806 		    CONTRIBUTION COMMITTEE 750

CULVER FIRE DEPARTMENT

302 CROSS AVE N
BRAINERD,MN56441 		    CONTRIBUTION COMMITTEE 1,500

CHURCHES UNITED IN MINISTRY (CHUM)

125 N 1ST AVE W
DULUTH,MN55802 		    CONTRIBUTION COMMITTEE 1,000

HEAD OF THE LAKES UNITED WAY

314 W SUPERIOR ST 750
DULUTH,MN55802 		    FOUNDATION GRANT 99,500

UNITED WAY OF CARLTON COUNTY

807 CLOQUET AVENUE
CLOQUET,MN55712 		    FOUNDATION GRANT 16,000

UNITED WAY OF 1000 LAKES

805 5TH AVE
GRAND RAPIDS,MN55738 		    FOUNDATION GRANT 41,000

MORRISON COUNTY UNITED WAY

116 8TH AVE SE 158
LITTLE FALLS,MN56345 		    FOUNDATION GRANT 10,000

UNITED WAY - NORTHEASTERN MINNESOTA

101 5TH AVE NW
CHISHOLM,MN55729 		    FOUNDATION GRANT 30,000

LAKES AREA UNITED WAY

321 S 7TH ST
BRAINERD,MN56401 		    FOUNDATION GRANT 3,500

NORTH COUNTRY RIDE

180 HATINEN RD
ESKO,MN55733 		    FOUNDATION GRANT 16,150

MINNESOTA DISCOVERY CENTER

1005 DISCOVERY DR
CHISHOLM,MN55719 		    CONTRIBUTION COMMITTEE 5,000

MINNESOTA DISCOVERY CENTER

1005 DISCOVERY DR
CHISHOLM,MN55719 		    FOUNDATION GRANT 5,000

GREAT LAKES AQUARIUM

353 HARBOR DR
DULUTH,MN55802 		    FOUNDATION GRANT 50,000

PINE RIVER - BACKUS FAMILY CENTER

245 BARCLAY AVE PINE RIVER
PINE RIVER,MN56474 		    FOUNDATION GRANT 5,000

SECOND HARVEST NORTHERN LAKES FOOD BANK

2302 COMMONWEALTH AVENUE
DULUTH,MN55808 		    FOUNDATION GRANT 50,000

ESSENTIA HEALTH FOUNDATION

520 E 8TH ST
DULUTH,MN55805 		    FOUNDATION GRANT 50,000

AURORA FOOD SHELF

203 S 2ND ST E
AURORA,MN55705 		    CONTRIBUTION COMMITTEE 1,500

CHISHOLM FOOD SHELF

208 W LAKE ST
CHISHOLM,MN55719 		    CONTRIBUTION COMMITTEE 1,500

ELY FOOD SHELF

106 E CHURCH ST
ELY,MN55731 		    CONTRIBUTION COMMITTEE 1,000

FALLS HUNGER COALITION

131 E SUPERIOR ST
INTERNATIONAL FALLS,MN56649 		    CONTRIBTUION COMMITTEE 1,500

QUAD CITY FOOD SHELF

3 S BROADWAY
GILBERT,MN55741 		    CONTRIBUTION COMMITTEE 2,500

TOWER FOOD SHELF

1215 NORTH 18TH ST
TOWER,MN55790 		    CONTRIBUTION COMMITTEE 1,500

NORTH ST LOUIS COUNTY 4-H FEDERATION

320 W 2ND ST SUITE 302
DULUTH,MN55802 		    CONTRIBUTION COMMITTEE 750

ROCKY WALL PRODUCTIONS

5418 ROCKY WALL ROAD
VIRGINIA,MN55792 		    CONTRIBUTION COMMITTEE 1,000

CARLTON COUNTY RIDERS ATVUTVOHM CLUB

30 W SUPERIOR STREET
CARLTON,MN55802 		    CONTRIBUTION COMMITTEE 1,250

ST FRANCIS MUSIC CENTER

116 8TH AVE SE
DULUTH,MN55805 		    CONTRIBUTION COMMITTEE 500

PINE RIVER - BACKUS FAMILY CENTER

245 BARCLAY AVE PINE RIVER
PINE RIVER,MN56474 		    CONTRIBUTION COMMITTEE 5,000

ELY'S HISTORIC STATE THEATER

417 S IRON ST
ELY,MN55731 		    CONTRIBUTION COMMITTEE 1,000

MESABI EAST SWIMMING AND DIVING BOOSTER CLUB

601 NORTH FIRST STREET WEST PO BOX
316 AURORA
AURORA,MN55705 		    CONTRIBUTION COMMITTEE 1,000

FAMILY LIFE CENTER PREGNANCY LIFECARE CENTER

210 E MAIN ST
LITTLE FALLS,MN56345 		    CONTRIBUTIONS COMMITTEE 1,000

NATIONAL MS SOCIETY

200 12TH AVE S
MINNEAPOLIS,MN55415 		    CONTRIBUTION COMMITTEE 500

TACONITE FIRE DEPARTMENT

18 N NELSON ST
LITTLE FALLS,MN55786 		    CONTRIBUTION COMMITTEE 2,500

ITASCA COUNTY FAMILY YMCA

400 RIVER RD
GRAND RAPIDS,MN55744 		    CONTRIBUTION COMMITTEE 2,000

GRAND RAPIDS AMATEUR LACROSSE ASSOCIATION

PO BOX 5173
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL 500

JUSTICE NORTH

230 W SUPERIOR ST STE 200
TWO HARBORS,MN55802 		    POSITIVELY POWERFUL 500

LITTLE FALLS COMMUNITY HIGH SCHOOL

1001 5TH AVE SE
LITTLE FALLS,MN56345 		    POSITIVELY POWERFUL 500

ITASCA COUNTY HISTORICAL SOCIETY

201 N POKEGAMA AVE
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL 500

DULUTH LIONS CLUB

1000 E SUPERIOR ST
DULUTH,MN55804 		    POSITIVELY POWERFUL 500

SECOND HARVEST NORTHERN LAKES FOOD BANK

2302 COMMONWEALTH AVENUE
DULUTH,MN55808 		    POSITIVELY POWERFUL 500

NORTHERN LIGHTS NORDIC SKI CLUB

931 NORTH POKEGAMA AVENUE
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL 500

HERMANTOWN PROCTOR STEALTH

30 W SUPERIOR STREET
HERMANTOWN,MN55802 		    POSITIVELY POWERFUL 500

3D ROBOTICS DULUTH

4024 GILLIAT STREET
ESKO,MN55804 		    CONTRIBUTION COMMITTEE 1,000

ST LOUIS COUNTY VOLUNTEER RESCUE SQUAD

5735OLD MILLER TRUNK HWY
DULUTH,MN55811 		    CONTRIBUTION COMMITTEE 2,750

CLOQUET PUBLIC LIBRARY

320 14TH ST
CLOQUET,MN55720 		    CONTRIBUTIONS COMMITTEE 250

PINE COUNTY SHERIFF'S OFFICE

635 NORTHRIDGE DR NW
PINE CITY,MN55063 		    CONTRIBUTION COMMITTEE 3,871

CITY OF FLOODWOOD

115 W 4TH AVE
FLOODWOOD,MN55736 		    CONTRIBUTION COMMITTEE 5,000

UNIVERSITY OF WISCONSIN SUPERIOR FOUNDATI

1805 CATLIN AVE
SUPERIOR,MN54880 		    UWS ATHLETICS STADIUM SUPPORT 25,000

DIVINE KONNECTIONS INC

1200 E SUPERIOR ST
DULUTH,MN55804 		    ANNIE'S HOUSE EXPANSION 15,000

NORTHLAND LEARNING CENTER

1201 S 13TH AVE W
VIRGINIA,MN55792 		    SENSORY AND LEARNING TOOLS 14,000

UNION GOSPEL MISSION

301 E SUPERIOR ST
DULUTH,MN55802 		    MEAL PROGRAM 10,000

THE SALBATION ARMY - DISASTER RELIEF

215 SOUTH 27TH AVE W
DULUTH,MN55806 		    OK TORNADOES AND SEVERE STORMS 7,440

BIGFORK FOOD SHELF

200 MAIN AVE
BIGFORK,MN56628 		    CONTRIBUTIONS COMMITTEE 1,000

CHESTER BOWL IMPROVEMENT CLUB

1801 E SKYLINE PKWY
DULUTH,MN55812 		    POSITIVELY POWERFUL 500

THE COLLEGE OF ST SCHOLASTICA

1200 KENWOOD AVE
DULUTH,MN55811 		    CONTRIBUTIONS COMMITTEE 3,000

DEER RIVER FOOD SHELF

504 MAIN ST
DEER RIVER,MN56631 		    CONTRIBUTION COMMITTEE 1,000

DULUTH EAST DAREDEVILS ROBOTICS TEAM 2512

2512 E SUPERIOR ST
DULUTH,MN55802 		    POSITIVELY POWERFUL 1,000

DULUTH SUPERIOR AREA COMMUNITY FOUNDATION

310 E SUPERIOR ST
DULUTH,MN55802 		    FOUNDATION 27,500

ITASCA COUNTY HABITAT FOR HUMANITY

510 SE 11TH ST
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL 500

LIFE HOUSE INC

102 W 1ST ST
DULUTH,MN55802 		    POSITIVELY POWERFUL 500

MN VETERANS HOME SILVER BAY

912 1ST AVE SW
SILVER BAY,MN56345 		    POSITIVELY POWERFUL 500

NEIGHBORS HELPING NEIGHBORS

805 8TH AVE
NASHWAUK,MN55763 		    CONTRIBUTIONS COMMITTEE 1,000

NEIGHBORHOOD YOUTH SERVICES INC

300 E 2ND ST
DULUTH,MN55805 		    CONTRIBUTION COMMITTEE 1,500

NORTHWEST WISCONSIN COMMUNITY SERVICES

118 TOWER AVE
SILVER BAY,MN54880 		    POSITIVELY POWERFUL 500

SECOND HARVEST NORTH CENTRAL FOOD BANK

2302 COMMONWEALTH AVENUE
GRAND RAPIDS,MN55808 		    CONTRIBUTION COMMITTEE 1,000

WESTERN LAKE SUPERIOR HABITAT FORHUMANITY

1700 S 10TH AVE E
DULUTH,MN55808 		    POSITIVELY POWERFUL 500

DULUTH CHILDREN'S MUSEUM

1000 E SUPERIOR ST
DULUTH,MN55804 		    POSITIVELY POWERFUL 500

CRESCENDO YOUTH ORCHESTRA

13038 COUNTY ROAD 18
DULUTH,MN55746 		    CONTRIBUTION COMMITTEE 1,000

FRIENDS OF THE BABBITT PUBLIC LIBRARY

71 SOUTH DRIVE
LITTLE FALLS,MN55706 		    CONTRIBUTION COMMITTEE 500

JET

14 N 11TH ST STE 140
CARLTON,MN55720 		    CONTRIBUTION COMMITTEE 500

IRON MOSQUITOS ROBOTICS

30 SOUTH DRIVE
INTERNATIONAL FALLS,MN55706 		    CONTRIBUTION COMMITTEE 1,000

NEVIS SOFTBALL PROGRAM

210 PLEASANT ST W PO BOX 138
NEVIS,MN56467 		    CONTRIBUTION COMMITTEE 3,500

SEBEKA PRESCHOOL- ISD 820

200 1ST STREET NW PO BOX 249
SEBEKA,MN56477 		    CONTRIBUTION COMMITTEE 5,000

UNITED WAY OF NORTHEASTERN MINNESOTA INC

101 5TH AVE NW
CHISHOLM,MN55729 		    FOUNDATION GRANT 10,000

STARBASE MINNESOTA DULUTH

4680 VIPER STREET DULUTH
DULUTH,MN55811 		    POSITIVELY POWERFUL 500

EAST CENTRAL HIGH SCHOOL VARSITY BASEBALL

10310 EAST CENTRAL HIGH RD
SQUAW LAKE,ND58246 		    CONTRIBUTIONS COMMITTEE 500

QUAD CITIES DERBY

501 DOUGLAS AVE
DULUTH,MN55734 		    CONTRIBUTIONS COMMITTEE 1,500

GRAND RAPIDS AREA COMMUNITY FOUNDATION

350 NW 1ST AVE SUITE E
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL 500

PROJECT JOY

5654 CHALSTROM DRIVE
DULUTH,MN55779 		    POSITIVELY POWERFUL 500

SECOND HARVEST NORTHERN LAKES FOOD BANK

2302 COMMONWEALTH AVENUE
DULUTH,MN55808 		    POSITIVELY POWERFUL 500

FIRST WITNESS CHILD ADVOCACY CENTER

1000 E SUPERIOR ST
DULUTH,MN55804 		    POSITIVELY POWERFUL 500

LITTLE FALLS CHAMBER OF COMMERCE AND TOURISM

200 1ST ST NW
LITTLE FALLS,MN56345 		    POSITIVELY POWERFUL 500

GRAND RAPIDS AREA COMMUNITY FOUNDATION

350 NW 1ST AVE SUITE E
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL 500

GRAND RAPIDS AREA COMMUNITY FOUNDATION

351 NW 1ST AVE SUITE E
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL 1,000

LAKE SUPERIOR ZOO

7210 FREMONT ST
DULUTH,MN55807 		    POSITIVELY POWERFUL 500

MINNESOTA MINERS HOCKEY CLUB

1413 THOMPSON AVE
ST PAUL,MN55075 		    POSITIVELY POWERFUL 500

HOYT LAKES FIRE DEPARTMENT

801-12203 DORCHESTER DR
HOYT LAKES,MN55750 		    CONTRIBUTION COMMITTEE 2,200

YOUTH EMERGENCY SHELTER

307 CLOQUET AVE SUITE 3
CLOQUET,MN55720 		    FOUNDATION GRANT 10,000

SECOND HARVEST NORTHERN LAKES FOOD BANK

2302 COMMONWEALTH AVENUE
DULUTH,MN55808 		    FEEDING OUR COMMUNITIES 15,000

SECOND HARVEST NORTH CENTRAL FOOD BANK

2302 COMMONWEALTH AVENUE
GRAND RAPIDS,MN55808 		    FEEDING OUR COMMUNITIES 5,000

CLOQUET AREA FIRE DISTRICT

508 CLOQUET AVE
CLOQUET,MN55720 		    FOUNDATION GRANT 20,000

HOYT LAKES FIRE DEPARTMENT

801-12203 DORCHESTER DR
HOYT LAKES,MN55750 		    FOUNDATION GRANT 5,000

FAMILY SAFETY NETWORK

211 W MAIN ST
WALKER,MN56489 		    FOUNDATION GRANT 7,500

GREENWAY AREA COMMUNITY FUND

PO BOX 966 COLERAINE
COLERAINE,MN55722 		    CONTRIBUTION COMMITTEE 1,500

GREENWAY AMATEUR HOCKEY ASSOCIATION

200 CURLEY AVE
GRAND RAPIDS,MN55722 		    CONTRIBUTION COMMITTEE 2,500

ISD 318 GRAND RAPIDS AREA PUBLIC SCHOOLS

650 SW 7TH AVE
GRAND RAPIDS,MN55744 		    CONTRIBUTION COMMITTEE 2,500

ANGEL FUND

1155 CENTRE POINTE DR STE 7
MINNEAPOLIS,MN55120 		    CONTRIBUTION COMMITTEE 500

MENAHGA EDUCATION FOUNDATION

PO BOX 160
MENAHGA,MN56464 		    CONTRIBUTION COMMITTEE 500

LAKE SUPERIOR WARRIORS (DISABLED HOCKEY)

362 IKOLA ROAD
ESKO,MN55733 		    CONTRIBUTION COMMITTEE 2,000

GRAND RAPIDS AREA COMMUNITY FOUNDATION

350 NW 1ST AVE SUITE E
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL 500

CYCLISTS OF THE GITCHEE GUMEE SHORES INC

POBOX 161261
DULUTH,MN55816 		    POSITIVELY POWERFUL 500

GREEN NEW DEAL HOUSING

32 E 1ST ST SUITE 202
DULUTH,MN55802 		    POSITIVELY POWERFUL 500

BENTLEYVILLE TOUR OF LIGHTS

4313 HAINES RD
DULUTH,MN55811 		    POSITIVELY POWERFUL 500

ICAA DBA LIGHTS IN THE PINES

1336 FAIRGROUNDS ROAD
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL 500

RONALD MCDONALD HOUSE

503 E 3RD ST
DULUTH,MN55805 		    POSITIVELY POWERFUL REISSUE 500

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK STREET SE
DULUTH,MN55455 		    FOUNDATION GRANT 15,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK STREET SE
DULUTH,MN55455 		    FOUNDATION GRANT 10,000

FIRST FRC ROBOTICS

2211 W MAIN ST
GRAND RAPIDS,MN56489 		    FOUNDATION BOARD 5,000

STARBASE MINNESOTA DULUTH

4680 VIPER STREET DULUTH
DULUTH,MN55811 		    FOUNDATION GRANT 25,000

ITASCA COUNTY FAMILY YMCA

400 RIVER RD
GRAND RAPIDS,MN55744 		    FOUNDATION GRANT 20,000

MENTOR NORTH

206 W 4TH ST 203
DULUTH,MN55806 		    FOUNDATION GRANT 10,000

HANDS OF HOPE RESOURCE CENTER

107 2ND ST SE 102
LITTLE FALLS,MN56345 		    FOUNDATION GRANT 5,000

ANIMAL ALLIES HUMANE SOCIETY

4006 AIRPORT RD
DULUTH,MN55811 		    POSITIVELY POWERFUL GRANT 500

ITASCA DRIFTSKIPPERS SNOWMOBILE CLUB

4150 US 169 N
GRAND RAPIDS,MN55744 		    POSITIVELY POWERFUL GRANT 500

LAKEWOOD ELEMENTARY SCHOOL PTA

5207 N TISCHER RD
DULUTH,MN55804 		    REISSUE 4087 500

7 STARS RANCH

5428 LAKEWOOD RD
DULUTH,MN55804 		    POSITIVELY POWERFUL GRANT 500

MINNESOTA ASSISTANCE COUNCIL FOR VETERANS

2700 E LAKE STREET SUITE 3350
MINNEAPOLIS,MN55406 		    POSITIVELY POWERFUL 500

THE COLLEGE OF ST SCHOLASTICA

1200 KENWOOD AVE
DULUTH,MN55811 		    POSITIVELY POWERFUL GRANT 500

PINE RIVER - BACKUS FAMILY CENTER

245 BARCLAY AVE PINE RIVER
PINE RIVER,MN56474 		    POSITIVELY POWERFUL GRANT 500

SALVATION ARMY - DULUTH

215 S 27TH AVE W
DULUTH,MN55806 		    POSITIVELY POWERFUL 500

NORTHEN LIGHTS SKI CLUB

931 NORTH POKEGAMA AVENUE
DULUTH,MN55744 		    POSITIVELY POWERFUL GRANT 500

AMERICAN RED CROSS

2524 WEST MAPLE GROVE RD
DULUTH,MN55811 		    POSITIVELY POWERFUL GRANT 500

ARROWHEAD ECONOMIC OPPORTUNITY AGENCY (AEOA)

702 S 3RD AVE W
VIRGINIA,MN55792 		    CONTRIBUTIONS COMMITTEE 1,379

SUBZERO ROBOTICS

2 E HWY 61
ESKO,MN55733 		    CONTRIBUTIONS COMMITTEE 1,000

ISD 318 GRAND RAPIDS AREA PUBLIC SCHOOLS

650 SW 7TH AVE
GRAND RAPIDS,MN55744 		    CONTRIBUTIONS COMMITTEE 2,000

BACKWOODS BOTS

100 HUSKIE BLVD
BIGFORK,MN56628 		    CONTRIBUTIONS COMMITTEE 2,000

ITASCA COUNTY SHERIFF'S SEARCH AND RESCUE

301 3RD ST SW
GRAND RAPIDS,MN55744 		    CONTRIBUTIONS COMMITTEE 2,000

ELDERCIRCLE

2500 1ST ST S
GRAND RAPIDS,MN55737 		    CONTRIBUTIONS COMMITTEE 1,500

LITTLE FALLS HIGH SCHOOL ROBOTICS

1001 5TH AVE SE
LITTLE FALLS,MN56345 		    CONTRIBUTIONS COMMITTEE 1,000

LITTLE FALLS HIGH SCHOOL ESPORTS

1001 5TH AVE SE
LITTLE FALLS,MN56345 		    CONTRIBUTIONS COMMITTEE 1,000

ISD 487- UPSALA AREA SCHOOLS- FIRST ROBOTICS

415 S MAIN ST
INTERNATIONAL FALLS,MN56384 		    CONTRIBUTIONS COMMITTEE 1,500

ST LOUIS COUNTY CO YOUTH IN ACTION

2503 RICE LAKE ROAD
DULUTH,MN55811 		    CONTRIBUTIONS COMMITTEE 4,000

NORTHERN LAKES ARTS ASSOCIATION

900 EAST CAMP STREET
GRAND RAPIDS,MN55731 		    CONTRIBUTIONS COMMITTEE 2,500

BOYS AND GIRLS CLUB OF THE NORTHLAND- HIBBING BRANCH

800 EAST 21ST STREET
ELK RIVER,MN55746 		    CONTRIBUTIONS COMMITTEE 2,000

UNITED WAY OF NORTHEASTERN MN

101 5TH AVE NW
CHISHOLM,MN55729 		    CONTRIBUTION COMMITTEE 5,000
Total .................................right arrow 3a 870,790
bApproved for future payment

GIBEAU FIREFIGHTER AWARD - 2024
30 WEST SUPERIOR STREET
DULUTH,MN55802 		    FOUNDATION GRANT 3,000

GIBEAU FIREFIGHTER AWARD
30 WEST SUPERIOR STREET
DULUTH,MN55802 		    FOUNDATION GRANT 4,000

DON SHIPPAR AWARD - 2024
30 WEST SUPERIOR STREET
DULUTH,MN55802 		    FOUNDATION GRANT 4,000

DON SHIPPAR AWARD
30 WEST SUPERIOR STREET
DULUTH,MN55802 		    FOUNDATION GRANT 7,000

UMD SCIENCE AND ENGINEERING
1049 UNIVERSITY DRIVE
DULUTH,MN55812 		    FOUNDATION GRANT 8,000

POSTIVELY POWERFUL VOLUNTEERS
30 WEST SUPERIOR STREET
DULUTH,MN55802 		    FOUNDATION GRANT 18,500

POSITIVELY POWERFUL SCHOLORSHIP
30 WEST SUPERIOR STREET
DULUTH,MN55802 		    FOUNDATION GRANT 24,500

REGIONAL COMMITTEES
30 WEST SUPERIOR STREET
DULUTH,MN55802 		    FOUNDATION GRANT 108,300

UNITED WAY
608 EAST DRIVE
CHISHOLM,MN55719 		    FOUNDATION GRANT 200,000
Total ................................. right arrow 3b 377,300
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 53,852  
4 Dividends and interest from securities ....          
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 ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 53,852 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
53,852
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


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

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

56-2560595
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
MINNESOTA POWER FOUNDATION
  		Employer identification number
56-2560595
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
ALLETE INC
 
30 WEST SUPERIOR STREET
 
DULUTH, MN55802

$ 750,000


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

$  


(Complete Part II for noncash contributions.)
(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
MINNESOTA POWER FOUNDATION
  		Employer identification number

56-2560595
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
MINNESOTA POWER FOUNDATION
  		Employer identification number

56-2560595
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 ExplnOfNonFilingWithAGStmt
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Statement:
EXEMPT FROM REPORTING TO MN PER MN STATUTE 309.515(F)

TY 2024 OtherDecreasesSchedule
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Description Amount
INCREASE IN GRANTS PAYABLE 105,300


TY 2024 OtherExpensesSchedule
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 2,720 0   2,720
MEMBERSHIP DUES - ORGANIZATION 2,750 0   2,750
OUTSIDE COMPUTER SERVICES 11,747 0   11,747
OUTSIDE ADMINISTRATOR 0 0   0
BANK FEES 4,301 4,301   0
MISC EXPENSES - OTHER 120 0   0


TY 2024 OtherLiabilitiesSchedule
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Description Beginning of Year - Book Value End of Year - Book Value
LONG TERM GRANTS 50,000 50,000


TY 2024 SubstantialContributorsSch
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Name Address
ALLETE INC
  		30 WEST SUPERIOR STREET
DULUTH,MN55802


TY 2024 TaxesSchedule
Name:
MINNESOTA POWER FOUNDATION
EIN:
56-2560595
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX BASED ON INVESTMENT INCOME 1,045 1,045   0