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
GHR Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)60 S 6th St 2950
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Minneapolis, MN55402
A Employer identification number

45-3996122
B Telephone number (see instructions)

(612) 440-2500
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$1,139,152,221
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,673,102 5,702,298  
5a Gross rents............ 14,159,239 14,159,239  
b Net rental income or (loss) 12,058,329
6a Net gain or (loss) from sale of assets not on line 10 19,171,783
b Gross sales price for all assets on line 6a 41,977,398
7 Capital gain net income (from Part IV, line 2)... 35,791,643
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)....... 22,033,027 37,642,948 0
12 Total. Add lines 1 through 11........ 59,037,151 93,296,128 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,197,064 0 0 1,197,064
14 Other employee salaries and wages...... 5,166,518 2,276,599 0 2,981,158
15 Pension plans, employee benefits....... 1,318,682 266,467 0 1,057,407
16a Legal fees (attach schedule)......... 226,118 119,143 0 101,416
b Accounting fees (attach schedule)....... 104,419 0 0 104,360
c Other professional fees (attach schedule).... 558,535 79,750 0 442,923
17 Interest...............   48,943    
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... 234,511 13,657 0
20 Occupancy.............. 469,776 67,111 0 480,649
21 Travel, conferences, and meetings....... 530,988 90,505 0 450,207
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 5,773,595 15,334,803 0 1,848,512
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 15,580,206 18,296,978 0 8,663,696
25 Contributions, gifts, grants paid....... 29,817,416 36,431,731
26 Total expenses and disbursements. Add lines 24 and 25 45,397,622 18,296,978 0 45,095,427
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 13,639,529
b Net investment income (if negative, enter -0-) 74,999,150
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 29,833,467 45,969,116 45,969,116
3 Accounts receivable right arrow10,079,830
Less: allowance for doubtful accounts right arrow   40,798,714 10,079,830 10,079,830
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.......... 137,620 822,124 822,124
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 arrow34,764,173
Less: accumulated depreciation (attach schedule) right arrow   42,934,494 Click to see attachment
List of Attached Documents:
// Content
34,764,173
34,764,173
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 906,196,354 Click to see attachment
List of Attached Documents:
// Content
972,865,980
972,865,980
14 Land, buildings, and equipment: basis right arrow3,235,181
Less: accumulated depreciation (attach schedule) right arrow2,588,113 845,114 Click to see attachment
List of Attached Documents:
// Content
647,068
647,068
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
38,000,000
Click to see attachment
List of Attached Documents:
// Content
74,003,930
Click to see attachment
List of Attached Documents:
// Content
74,003,930
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,058,745,763 1,139,152,221 1,139,152,221
Liabilities 17 Accounts payable and accrued expenses.......... 1,980,709 1,572,948
18 Grants payable................. 58,154,554 51,540,239
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
3,853,966
Click to see attachment
List of Attached Documents:
// Content
3,704,406
23 Total liabilities (add lines 17 through 22)......... 63,989,229 56,817,593
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........... 994,756,534 1,082,334,628
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)..... 994,756,534 1,082,334,628
30 Total liabilities and net assets/fund balances (see instructions). 1,058,745,763 1,139,152,221
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
994,756,534
2
Enter amount from Part I, line 27a .....................
2
13,639,529
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
73,938,565
4
Add lines 1, 2, and 3 ..........................
4
1,082,334,628
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,082,334,628
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 Partnership Capital Gain from K-1 P    
b Gain on Distribution in Excess of Basis P    
c Gain on At-Risk Loss Limitations P    
d Sale of Land P    
e Publicly Traded Securities P    
Disposition of Passthrough Partnerships 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 14,974,748     14,974,748
b 882,384     882,384
c 267,244     267,244
d 19,171,783     19,171,783
e 2,384,019     2,384,019
4,297,220   6,185,755 -1,888,535
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       14,974,748
b       882,384
c       267,244
d       19,171,783
e       2,384,019
      -1,888,535
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 35,791,643
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 1,042,488
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 1,042,488
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 1,042,488
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,486,533
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 1,486,533
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 1,197
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 10 442,848
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow442,848 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.ghrfoundation.org
14
The books are in care ofright arrowSuzanne Flannigan Telephone no.right arrow (612) 440-2500

Located atright arrow60 South 6th Street Suite 2950MinneapolisMN ZIP+4right arrow55402
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
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
Amy R Goldman President
40.00
327,621 62,071 0
60 South 6th St Ste 2950
Minneapolis,MN55402
Fred Miller Vice President
40.00
457,037 34,500 0
60 South 6th St Ste 2950
Minneapolis,MN55402
Suzanne Flannigan Chief Financial Officer & Treasurer
40.00
412,406 66,414 0
60 South 6th St Ste 2950
Minneapolis,MN55402
Mark Rauenhorst Vice Chair
1.00
0 0 0
60 South 6th St Ste 2950
Minneapolis,MN55402
Tonya Allen Director
1.00
0 0 0
60 South 6th St Ste 2950
Minneapolis,MN55402
Maria Carrillo Director
1.00
0 0 0
60 South 6th St Ste 2950
Minneapolis,MN55402
Anne Deanovic Director
1.00
0 0 0
60 South 6th St Ste 2950
Minneapolis,MN55402
Sr Carol Keehan Director
1.00
0 0 0
60 South 6th St Ste 2950
Minneapolis,MN55402
Sarah Robinson Director
1.00
0 0 0
60 South 6th St Ste 2950
Minneapolis,MN55402
Tim Welsh Director
1.00
0 0 0
60 South 6th St Ste 2950
Minneapolis,MN55402
Kristine R Widmer Director
1.00
0 0 0
60 South 6th St Ste 2950
Minneapolis,MN55402
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
Jason Matz Chief Investment Off
40.00
1,207,091 66,414 0
C/O GHR Foundation 60 South 6th St
Ste 2950
Minneapolis,MN55402
Bryan Bencomo Managing Director, I
40.00
562,819 44,990 0
C/O GHR Foundation 60 South 6th St
Ste 2950
Minneapolis,MN55402
Kerry Medek Managing Dir, Global
40.00
313,063 64,496 0
C/O GHR Foundation 60 South 6th St
Ste 2950
Minneapolis,MN55402
Kristen Grubb Senior Director, Acc
40.00
266,651 48,059 0
C/O GHR Foundation 60 South 6th St
Ste 2950
Minneapolis,MN55402
Ahmed Elsarhan Assoc. Director, Inv
40.00
279,723 32,749 0
C/O GHR Foundation 60 South 6th St
Ste 2950
Minneapolis,MN55402
Total number of other employees paid over $50,000...................right arrow 18
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
Eastdil Secured LLC Real Estate Services 575,000
100 Wilshire Boulevard Suite 1500
Santa Monica,CA90401
DLA Piper LLP (US) Legal Services 273,571
650 South Exeter Street Suite 1100
Baltimore,MD21202
Faegre Drinker Biddle & Reath LLP Legal Services 229,122
PO Box 536777
Pittsburgh,PA152535909
Atomic Data LLC Technology Services 180,030
250 Marquette Ave Ste 225
Minneapolis,MN55401
Ignite Impact LLC Communications Services 134,273
6904 Creston Road
Edina,MN55435
Total number of others receiving over $50,000 for professional services.............right arrow10
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 Providing support to respective Roman Curia offices to help further the charitable mission of those offices. 1,408,505
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 Funding research on novel approaches to prevent Alzheimer's disease. 36,003,930
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow36,003,930
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
214,771,227
b
Average of monthly cash balances.......................
1b
75,876,956
c
Fair market value of all other assets (see instructions)................
1c
803,350,317
d
Total (add lines 1a, b, and c).........................
1d
1,093,998,500
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
1,093,998,500
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
16,409,978
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,077,588,522
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
53,879,426
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
53,879,426
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
1,042,488
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
468,897
c
Add lines 2a and 2b............................
2c
1,511,385
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
52,368,041
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
52,368,041
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
52,368,041
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
45,095,427
b
Program-related investments—total from Part VIII-B..................
1b
36,003,930
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
31,326
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
81,130,683
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 52,368,041
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...... 3,988,300
b From 2020...... 4,788,796
c From 2021......  
d From 2022...... 9,899,191
e From 2023...... 12,544,437
f Total of lines 3a through e ........ 31,220,724
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 81,130,683
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..... 52,368,041
e Remaining amount distributed out of corpus 28,762,642
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 59,983,366
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) ...
3,988,300
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
55,995,066
10 Analysis of line 9:
a Excess from 2020.... 4,788,796
b Excess from 2021....  
c Excess from 2022.... 9,899,191
d Excess from 2023.... 12,544,437
e Excess from 2024.... 28,762,642
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

Administration of the Patrimony of the Apostolic See (APSA)

Cortile San Damaso
Vatican City State   00120
IT
N/A NC Human resource development plan 725,000

African American Leadership Forum

1625 Hennepin Ave Suite 200
Minneapolis,MN55403
N/A PC General Operations 200,000

Aim Higher Foundation

2610 University Avenue W Suite 525
St Paul,MN55114
N/A PC General Operations 100,000

All Square

4047 Minnehaha Avenue
Minneapolis,MN55406
N/A PC General Operations; Expansion Pilot 250,000

Alliance for Children Everywhere

4401 2nd Ave NE
Seattle,WA98105
N/A PC Supporting the use of emergency foster care and the overall transition to family-based care 300,000

Alzheimer's Association

225 North Michigan Avenue Floor 17
Chicago,IL60601
N/A PC APEX Study 1,000,000

Alzheimer's Association

225 North Michigan Avenue Floor 17
Chicago,IL60601
N/A PC Study of Blood-Based Biomarkers in VA Memory Clinics 600,000

Alzheimer's Association

225 North Michigan Avenue Floor 17
Chicago,IL60601
N/A PC DIAN Open label extension 2,050,000

Alzheimer's Association

225 North Michigan Avenue Floor 17
Chicago,IL60601
N/A PC Alzheimer's Disease Strategic Fund (ADSF) 500,000

Amherst H Wilder Foundation

451 Lexington Parkway North
Saint Paul,MN55104
N/A PC Saint Paul Promise Neighborhood Cradle-to-Career Initiatives 500,000

Ann Bancroft Foundation

2356 University Ave W 404
St Paul,MN55114
N/A PC General Operations 5,000

Ascension Catholic Academy

1723 Bryant Ave N
Minneapolis,MN55411
N/A PC St. Peter Claver Catholic School 5,000

Ascension Catholic Academy

1723 Bryant Ave N
Minneapolis,MN55411
N/A PC General Operations 50,000

Association of Sisterhoods of Kenya (AOSK)

Tumaini Centre Adams Arcade Elgeyo
Marakwet Road
Nairobi   00505
KE
N/A PC Catholic Care for Children Kenya 148,000

Association of Women in Religious Institutes in Malawi (AWRIM)

PO Box 1511 PO Box 1511
Lilongwe   265
MI
N/A NC Catholic Care for Children in Malawi 150,000

Banner Alzheimer's Foundation

2901 N Central Avenue Ste 160
Phoenix,AZ85012
N/A PC Alzheimer's Prevention Initiative 200,000

Benedictine Sisters of Pontifical Jurisdiction

802 E 10th Street
Ferdinand,IN47532
N/A PC Collaborative Planning for Sustainability 11,000

Blessed Trinity Catholic School

6720 Nicollet Ave S
Richfield,MN55423
N/A PC General Operations 78,000

Brigham and Women's Hospital

Center for Alzheimers Research and
Treatment 75 Francis Street
Boston,MA02115
N/A PC APEX Study 1,000,000

Caritas in Veritate Foundation

14 Grand Place
    1700
SZ
N/A NC Multi-lateral convening capacity on global affairs 140,000

Caritas Internationalis

Palazzo della Tipografia/Palazzo
San Calisto
Vatican City   V-00120
IT
N/A NC Capacity building and safeguarding 400,000

Catholic Charities of the Archdiocese of Saint Paul and Minneapolis

1007 East 14th Street
Minneapolis,MN55404
N/A PC General Operations 25,000

Catholic Community Foundation

2610 University Ave W Ste 500
St Paul,MN55114
N/A PC Advancement Team Support 53,408

Catholic Community Foundation

2610 University Ave W Ste 500
St Paul,MN55114
N/A PC Targeted Literacy and Math Instruction 50,542

Catholic Community Foundation

2610 University Ave W Ste 500
St Paul,MN55114
N/A PC Local Community Grant Making 100,000

Catholic Impact Investing Collaborative dba Francesco Collaborative

1226 Vermont Ave
Washington,DC20005
N/A PC Discerning pathways for Global Church resource flows and education 350,000

Catholic Medical Mission Board Inc

1212 Avenue of the Americas 11th
Floor
New York,NY10036
N/A PC Kusamala III: Strengthening communities abilities to better care for all vulnerable children 310,000

Catholic Relief Services - USCCB

228 W Lexington St
Baltimore,MD21201
N/A PC Solidifying coordination of the collaborative approach to national child welfare systems 230,000

CEPROME

CALLE CHIRICAHUAS 4908 BUROCRATA
ESTATAL
CHIHUAHUA   31210
MX
N/A NC Safeguarding Technical Assistance 208,000

Children In Families (CIF)

Unit 275 Street 41 BT Sangkat Boeng
Tumpun Khan Meanchey
    12351
CB
N/A NC Supporting improved service delivery, case management and organizational development 70,000

Christian Alliance for Orphans

6723 Whittier Ave
McLean,VA22101
N/A PC CAFO Research Center Core Operations 150,000

Commonweal

475 Riverside Drive Room 244
New York,NY10115
N/A PC Commonweal Centennial Sponsorship 15,000

Community of Saints Regional Catholic School

335 Hurley Avenue East
West Saint Paul,MN55118
N/A PC General Operations 50,000

CornerHouse

2502 10th Avenue South
Minneapolis,MN55404
N/A PC Prevention 5,000

Council on Foreign Relations

58 East 68th Street
New York,NY10065
N/A PC General Operations 5,000

Council on Foundations

1255 23rd Street NW Suite 200
Washington,DC20037
N/A PC Advancing Programming 50,000

Daughters of Charity of St Vincent De Paul - St Louise

4330 Olive Street
St Louis,MO63108
N/A PC Care of the sick and poor in Lebanon 40,000

Detroit Children's Fund

1155 Gratiot Ave Suite 420
Detroit,MI48207
N/A PC General Operations 25,000

Detroit Parent Network

726 Lothrop St
Detroit,MI48202
N/A PC General Operations 25,000

Dicastery for Communication

Via della Conciliazione 5
Rome   00120
IT
N/A NC A synodal perspective to Faith Communication in the Digital World 52,500

Dicastery for Promoting Integral Human Development

Palazzo San Calisto Piazza di San
Calisto 16
Citt del Vaticano   00120
IT
N/A PC Core Operating Support 500,000

Dicastery for Promoting Integral Human Development

Palazzo San Calisto Piazza di San
Calisto 16
Citt del Vaticano   00120
IT
N/A PC Core Operating Support 500,000

EdAllies

1621 E Hennepin Ave Ste 295
Minneapolis,MN55414
N/A PC General Operations 104,000

Edina Crime Prevention Fund

4801 West 50th Street
Edina,MN55424
N/A PC General Operations 15,000

Education Foundation of Eagle County

1121 Miller Ranch Road
Edwards,CO81632
N/A PC General Operations 20,000

Equal Justice Initiative

122 Commerce Street
Montgomery,AL36104
N/A PC General Operations 10,000

FaithInvest

C/o Stone King LLP Boundary House
91-93 Charterhouse Street
London   EC1M 6HR
UK
N/A PC General Operations 400,000

Family Health International

350 Blackwell Street Suite 200
Durham,NC27701
N/A PC Data Collection and Supports to GHR's Catholic Schools Initiative 93,954

Foundations and Donors Interested in Catholic Activities Inc

PO Box 33667
Washington,DC20033
N/A PC Capital Campaign 250,000

Georgetown University

3700 O St NW
Washington,DC20057
N/A PC Culture of Encounter Phase II 310,000

Georgetown University

3700 O St NW
Washington,DC20057
N/A PC Building Capacity for Longevity 1,000,000

Georgetown University

3700 O St NW
Washington,DC20057
N/A PC GLS scholarship support 10,000

Georgetown University

3700 O St NW
Washington,DC20057
N/A PC GLS scholarship support 30,000

Georgetown University

3700 O St NW
Washington,DC20057
N/A PC Global Collaborative on Children's Issues 172,500

Georgetown University

3700 O St NW
Washington,DC20057
N/A PC To support the Dean's Fund at the Edmund A. Walsh School of Foreign Service 25,000

Giving Voice Initiative

7400 Metro Boulevard Suite 225
Edina,MN55439
N/A PC General Operations 20,000

Grace Fellowship

8601 101st Avenue N
Minneapolis,MN55445
N/A PC Next Step 5,000

Hank Center for the Catholic Intellectual Heritage

1032 W Sheridan Road
Chicago,IL60660
N/A PC The Way Forward 2024 - An Ecclesial Gathering Laudato Si 55,000

Holt International Children's Services

250 Country Club Road
Eugene,OR97401
N/A PC Phase III: Building Bridges to Families and Promoting Domestic Adoption 100,000

Holy Family Sisters of Colombo Province

90/1 Rosmead Place Colombo 07
Colombo   00700
CE
N/A NC Phase 1 Implementation - CCCSL 100,000

Hope Border Institute

499 Saint Matthews Street
El Paso,TX79907
N/A PC General Operations 15,000

Immaculate Conception School

4030 Jackson St NE
Columbia Heights,MN55421
N/A PC General Operations 65,000

Immaculate Conception School

4030 Jackson St NE
Columbia Heights,MN55421
N/A PC Director of Advancement Seed Grant 32,500

Interfaith Outreach and Community Partners

1605 County Road 101 N
Plymouth,MN55447
N/A PC General Operations 25,000

International Catholic Migration Commission

1 rue de Varemb PO Box 96
Geneva   1211
SZ
N/A NC CR4U - Coordination 70,000

International Catholic Migration Commission

1 rue de Varemb PO Box 96
Geneva   1211
SZ
N/A NC Child Protection expansion programming 200,000

International Catholic Migration Commission

1 rue de Varemb PO Box 96
Geneva   1211
SZ
N/A NC Expanding Partnerships in Emergencies 200,000

International Union of Superiors General (UISG)

Piazza di Ponte SantAngelo 28
Rome   00186
IT
N/A PC UISG Core Support 125,000

International Union of Superiors General (UISG)

Piazza di Ponte SantAngelo 28
Rome   00186
IT
N/A PC Commission for the Care of Persons and Phase 1 for Catholic Care for Children International 500,000

Jeremiah Program

615 1st Ave NE Suite 210
Minneapolis,MN55413
N/A PC General Operations 15,000

Jesuit Refugee Service International

Borgo Santo Spirito 4
Rome   00193
IT
N/A PC Organizational strengthening 100,000

Jesuit Refugee Service International

Borgo Santo Spirito 4
Rome   00193
IT
N/A PC Reconciliation and Organizational Strengthening 800,000

Jesuit Refugee Service International

Borgo Santo Spirito 4
Rome   00193
IT
N/A PC Reconciliation & Organizational Strengthening 700,000

Jesuit Refugee Service USA

1627 K Street NW Suite 1100
Washington,DC20006
N/A PC In support of JRS Romania 25,000

Leadership Conference of Women Religious

8737 Colesville Rd Suite 610
Silver Spring,MD20910
N/A PC General Operations 300,000

Lund University

PO Box 117
Lund   SE-221 00
SW
N/A NC Proteomics Research 800,000

MacPhail Center for Music

501 South 2nd Street
Minneapolis,MN55401
N/A PC General Operations 5,000

markempa LLC

56 E Golden Lake Rd
Circle Pines,MN55014
N/A NC CCC support 73,542

Marquette University

1250 W Wisconsin Ave Zilber Hall
4441
Milwaukee,WI53288
N/A PC Engineering for the Difference 1,000,000

Mayo Clinic

Department of Development 200 First
St SW
Rochester,MN55905
N/A PC MCSA Regional Expansion 1,000,000

Mayo Clinic

Department of Development 200 First
St SW
Rochester,MN55905
N/A PC Mayo Clinic Study of Aging 1,500,000

Mayo Clinic

Department of Development 200 First
St SW
Rochester,MN55905
N/A PC Undergraduate Plummer Scholar Expansion 250,000

Minnesota Council of Churches

122 W Franklin Ave Ste 100
Minneapolis,MN55404
N/A PC Core Support 100,000

Misean Cara

4th Floor Callaghan House 13-16
Dame Street
Dublin   D02 HX67
EI
N/A PC Caring for Children with Disabilities: A Collaborative Initiative of Catholic Sisters in Africa 340,932

MN Parent Union

2288 University Ave W 201
St Paul,MN55114
N/A PC General Operations 125,000

Mujeres Latinas En Accion

2124 West 21st Place
Chicago,IL60608
N/A PC General Operations 25,000

National Catholic Reporter

115 E Armour Blvd
Kansas City,MO64111
N/A PC General Operating 10,000

Neighborhood Development Center

625 University Ave W
Saint Paul,MN55104
N/A PC General Operations 375,000

NEO Philanthropy Inc

1001 Avenue of the Americas 12th
Floor
New York,NY10018
N/A PC General Operations: Elevate Children Funders Group 150,000

NEO Philanthropy Inc

1001 Avenue of the Americas 12th
Floor
New York,NY10018
N/A PC Support for Community and Land Justice Project 100,000

NEO Philanthropy Inc

1001 Avenue of the Americas 12th
Floor
New York,NY10018
N/A PC General Operations for the LJF Movement 150,000

Neomuralismos De Mexico

1848 7th Street West
Saint Paul,MN55116
N/A PC General Operations 5,000

New City Covenant Church

6400 Tracy Ave
Edina,MN55439
N/A PC General Operations 10,000

Our Lady of Good Counsel High School

17301 Old Vic Blvd
Olney,MD20832
N/A PC General Operations 50,000

Penumbra Theatre

270 North Kent Street
St Paul,MN55102
N/A PC General Operations 5,000

Pontifical Commission for the Protection of Minors

Largo Giovanni Paolo II
Vatican City   00120
IT
N/A NC Digitalisation of Palazzo Maffei-Marescotti 80,000

Pontifical Gregorian University

Piazza della Pilotta 4
Rome   00187
IT
N/A NC The Safe Journey Home 150,000

Project for Pride in Living Inc

1035 East Franklin Avenue
Minneapolis,MN55404
N/A PC General Operations 20,000

Risen Christ Catholic School

1120 E 37th St
Minneapolis,MN55407
N/A PC General Operations 100,000

Saint Thomas Academy

949 Mendota Heights Road
Mendota Heights,MN55120
N/A PC General Operations 5,000

Santa Clara University

500 El Camino Real
Santa Clara,CA95053
N/A PC The Ignatian Center for Jesuit Education 20,000

Santa Clara University

500 El Camino Real
Santa Clara,CA95053
N/A PC General Operations 80,000

Save the Children

501 Kings Highway East Suite 400
Fairfield,CT06825
N/A PC Supporting the social welfare workforce to ensure family and community-based care 175,000

Secretariat for the Economy

Palazzo Apostolico Cortile del
Triangolo
Citt del Vaticano   00120
IT
N/A NC Organizational Support 750,000

Secretariat of State

Apostolic Palace
Vatican City State   00120
IT
N/A NC Ad limina visit and Pontifical Yearbook 325,500

Sisters of Mercy of the Americas Inc

8403 Colesville Rd Suite 400
Silver Spring,MD20910
N/A PC Leadership Collaborative - General operations support 100,000

SPOON

25 NW 23rd Place Suite 6 170
Portland,OR97210
N/A PC Integrating Nutrition and Feeding into Sister-Led Care Reform 157,000

SPOON

25 NW 23rd Place Suite 6 170
Portland,OR97210
N/A PC Integrating Nutrition and Feeding into Sister-Led Care Reform 75,000

St Catherine University

2004 Randolph Ave Mail F-12
Saint Paul,MN55105
N/A PC Faculty for Clinical Experience 55,000

St Catherine University

2004 Randolph Ave Mail F-12
Saint Paul,MN55105
N/A PC Campaign for Academic Excellence 2,000,000

St Catherine University

2004 Randolph Ave Mail F-12
Saint Paul,MN55105
N/A PC Legacy Grant 1,000,000

St Helena Catholic School

3200 E 44th St
Minneapolis,MN55406
N/A PC General Operations 46,000

St Jerome Catholic School

384 Roselawn Avenue East
Maplewood,MN55117
N/A PC General Operations 50,000

St Joseph Services

1501 N Oakley Blvd
Chicago,IL60622
N/A PC General Operations 10,000

St Paul Chamber Orchestra

408 Saint Peter Street
St Paul,MN55102
N/A PC General Operations 5,000

St Procopius

1641 S Allport St
Chicago,IL60608
N/A PC Religious Education Program & Other Parish Only Expenses 25,000

St Stephen's Episcopal Church

4439 West 50th Street
Edina,MN55424
N/A PC General Operations 5,000

Steamboat Christian Center

821 Dougherty Road
Steamboat Springs,CO80487
N/A PC General Operations 10,000

The Association of Religious in Uganda

Plot 518 Nsambya Hill along Old
Ggaba Road PO Box 1587
Kampala   256
UG
N/A PC Sustaining and Accelerating Best Practices Towards Family-based Care for Children 375,000

The Association of Religious in Uganda

Plot 518 Nsambya Hill along Old
Ggaba Road PO Box 1587
Kampala   256
UG
N/A PC Sustaining and Accelerating Best Practices Towards Family-based Care for Children 337,395

The Catholic University of America

620 Michigan Ave NE
Washington,DC20064
N/A PC Pastoral Research 324,000

The Center for Effective Philanthropy Inc

675 Massachusetts Avenue 11th Floor
Cambridge,MA02139
N/A PC General Support 15,000

The Centro di Alta Formazione Laudato Si

Palazzo del Governatorato 00120
Citt del Vaticano
Vatican City   00120
IT
N/A PC Operating Support 300,000

The Convent and Academy of the Visitation

2455 Visitation Drive
Mendota Heights,MN55120
N/A PC Rene Gavic Fund 10,000

The Foundation for Barnes-Jewish Hospital

1001 Highlands Plaza Dr West Suite
140
St Louis MO,MO63110
N/A PC SILQ Center 800,000

The General Secretariat of the Synod

Via della Conciliazione no 34
Rome   00193
IT
N/A NC Synod on Synodality Assembly October 2024 350,000

The Irish Repertory Theatre

132 West 22nd Street
New York,NY10011
N/A PC General Operations 10,000

The Minneapolis Foundation

800 IDS Center 80 S 8th Street
Minneapolis,MN55402
N/A PC Northside Funder's Group 50,000

The Minneapolis Foundation

800 IDS Center 80 S 8th Street
Minneapolis,MN55402
N/A PC GroundBreak Coalition Fund 1,500,000

The Open Door

3000 Ames Crossing Rd Suite 100
Eagan,MN55122
N/A PC General Operations 10,000

The Reformed Church of Bronxville

180 Podfield Road
Bronxville,NY10708
N/A PC General Operations 10,000

The Rivers School

333 Winter Street
Weston,MA02493
N/A PC Dunn Jarzavek Funds 15,000

This Life Cambodia

463 Group 10 Taphul Village Sangat
Svay Dangkum
Siem Reap   17252
CB
N/A NC Phase III: This Life in Families 100,000

This Life Cambodia

463 Group 10 Taphul Village Sangat
Svay Dangkum
Siem Reap   17252
CB
N/A NC Phase III Collaborative Support Program 180,000

Tides Center

PO Box 29907
San Francisco,CA94129
N/A PC Children's Policy and Funding Initiative 650,000

Tides Center

PO Box 29907
San Francisco,CA94129
N/A PC Children's Policy and Funding Initiative 15,000

TreeHouse

5755 Wayzata Blvd
Minneapolis,MN55416
N/A PC General Operations 15,000

Trustees of Boston College

140 Commonwealth Ave
Chestnut Hill,MA02467
N/A PC City Connects in Twin Cities Catholic Schools Phase IV 235,875

UNICEF - Zambia

UN House Alick Nkhata Road Long
Acres PO Box 33610
    10101
ZA
N/A PC Phase III: Solidifying social welfare system strengthening in Zambia 217,000

University of Minnesota Foundation

McNamara Alumni Building 200 Oak
Street SE Ste 500
Minneapolis,MN55455
N/A PC General Operations for Heller Hurwicz Economics Institute 10,000

University of St Thomas

2115 Summit Avenue
St Paul,MN55105
N/A PC RJI Support 15,000

University of St Thomas

2115 Summit Avenue
St Paul,MN55105
N/A PC RJI General Operations 50,000

University of St Thomas

2115 Summit Avenue
St Paul,MN55105
N/A PC UST IRJH Sponsorship 10,000

University of St Thomas

2115 Summit Avenue
St Paul,MN55105
N/A PC Supporting the success of students, faculty, and staff 1,000,000

Urban Ventures Leadership Foundation

2924 Fourth Ave South
Minneapolis,MN55408
N/A PC General Operations 15,000

VIDES INTERNATIONAL

12 rue Lowet 1083 Bruxelles
Ganshoren Belgium Via Gregorio VII
Rome   00165
IT
N/A NC Keeping Families Together II 163,200

Vail Christian Academy

80 Benchmark Road Ste 300
Avon,CO81620
N/A PC General Operations 50,000

Vail Valley Foundation

PO Box 6550
Avon,CO81620
N/A PC General Operations 15,000

Visitation Monastery of Minneapolis

1615 Fremont Avenue N
Minneapolis,MN55411
N/A PC General Operations 10,000

Washington University

One Brookings Drive Campus Box 1054
St Louis,MO63130
N/A PC Adaptive Immunity in Tauopathy 500,000

Way to Grow

201 Irving Avenue North Suite 100
Minneapolis,MN55405
N/A PC General Operations 25,000

Women's Advocates

PO Box 4039
St Paul,MN55104
N/A PC General Operations 5,000

Xavier University of Louisiana

1 Drexel Drive PO Box 66
New Orleans,LA70125
N/A PC IBCS General Operations 15,000

Zambia Association of Sisterhoods

Plot 441 Kaleya Road Off Zambezi
Road
    10101
ZA
N/A PC Expanding Catholic facility transitions to family and community-based care 260,000

The Minneapolis Foundation

800 IDS Center 80 S Eighth Street
Minneapolis,MN55402
N/A PC GHR Foundation Fund 331,883
Total .................................right arrow 3a 36,431,731
bApproved for future payment

All Square
4047 Minnehaha Avenue
Minneapolis,MN55406
N/A PC General Operations 500,000

Association of Sisterhoods of Kenya (AOSK)
Tumaini Centre Adams Arcade Elgeyo
Marakwet Road
Nairobi   00505
KE
N/A PC Catholic Care for Children 1,500,000

Caritas in Veritate Foundation
14 Grand Place
    1700
SZ
N/A NC Multi-lateral convening capacity on global affairs 280,000

Caritas Inernationalis
Palazzo della Tipografia/Palazzo
San Calisto
Vatican City   V-00120
IT
N/A NC Capacity buiding and safeguarding 700,000

Community of Saints Regional Catholic School
335 Hurley Avenue East
West Saint Paul,MN55118
N/A PC General Operations 100,000

Georgetown University
3700 O St NW
Washington DC,DC20057
N/A PC Global Collaborative on Children's Issues 172,500

Initiative on Catholic Social Thought and Public Life
37th and O Sts NW
Washington DC,DC20057
N/A PC Building Capacity for Longevity 5,000,000

International Union of Superiors General (UISG)
Piazza di Ponte SantAngelo 28
Rome   00186
IT
N/A PC UISG Core Support 250,000

NEO Philanthropy Inc
1001 Avenue of the Americas 12th
Floor
New York,NY10018
N/A PC General Operations 150,000

Hank Center for the Catholic Intellectual Heritage
1032 W Sheridan Road
Chicago,IL60660
N/A PC The Way Forward 2024 45,000

Mayo Clinic
Department of Development 200 First
St SW
Rochester,MN55905
N/A PC Mayo Clinic Study of Aging Renewal 6,000,000

The Minneapolis Foundation
80 S 8th St Suite 800
Minneapolis,MN55402
N/A PC Northside Funder's Group 50,000

Region Skane
Radhus Skane Vastra Storgatan 12
Kristianstad   291 89
SW
N/A NC BioFINDER Primary & Memory Clinic Study 3,000,000

Risen Christ Catholic School
1120 E 37th St
Minneapolis,MN55407
N/A PC General Operations 200,000

St Jerome Catholic School
384 Roselawn Avenue East
Maplewood,MN55117
N/A PC General Operations 100,000

Trustees of Boston College
140 Commonwealth Ave
Chestnut Hill,MA02467
N/A PC City Connects 495,125

Washington University
One Brookings Drive Campus Box 1054
St Louis,MO63130
N/A PC Mental health Support Program for Individuals with DIAD Mutations 550,000
Total ................................. right arrow 3b 19,092,625
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 3,673,102  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 12,058,329  
6 Net rental income or (loss) from personal property          
7 Other investment income ..... 901101 2,454,228 14 19,296,198  
8 Gain or (loss) from sales of assets other than
inventory ............
901101 91,992 14 19,079,791  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aTax Refunds, Net
    01 282,601  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 2,546,220 54,390,021 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
56,936,241
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
GHR Foundation
EIN:
45-3996122
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 104,419 0 0 104,360

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

TY 2024 ExpenditureResponsibilityStmt
Name:
GHR Foundation
EIN:
45-3996122
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
Administration of the Patrimony of the Apostolic See (APSA)
 
Cortile San Damaso
Vatican City State   00120
IT
2023-12-13 160,000 Vatican to Green 160,000 N/A 1/10/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Angkor Hospital for Children
 
Tep Vong Road Um Chhay Street
Siem Reap    
CB
2022-09-21 75,000 Phase III: Building, expanding, and advocating for the social welfare workforce 75,000 N/A 3/22/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Angkor Hospital for Children
 
Tep Vong Road Um Chhay Street
Siem Reap    
CB
2023-11-01 50,000 Phase III: Building, expanding, and advocating for the social welfare workforce 44,145 N/A 3/31/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Association of Women in Religious Institutes in Malawi (AWRIM)
 
PO Box 1511
Lilongwe   265
MI
2023-04-03 150,000 Phase 1 Implementation - Catholic Care for Children in Malawi 150,000 N/A 2/14/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
C2N Diagnostics
 
4340 Duncan Ave
Saint Louis,MO63110
2023-01-27 15,000,000 Research on novel approaches to prevent Alzheimer's Disease 9,248,783 N/A 6/3/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Children In Families (CIF)
 
Unit 275 Street 41 BT
    12351
CB
2023-07-11 7,647 Phase III: System strengthening through improved service delivery, case management system enhancements, and organizational development 7,647 N/A 3/21/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Children In Families (CIF)
 
Unit 275 Street 41 BT
    12351
CB
2023-11-08 95,000 Phase III: System strengthening through improved service delivery, case management system enhancements, and organizational development 95,000 N/A 3/21/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Dicastery for Communication
 
Via della Conciliazione 5
Rome   00120
IT
2023-06-28 55,000 A synodal perspective to Faith Communication in the Digital World 55,000 N/A 4/1/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Eli Lilly and Company
 
Lilly Corporate Center
Indianapolis,IN46285
2022-08-03 3,000,000 Research on novel approaches to prevent Alzheimer's Disease 2,740,774 N/A 5/2/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
First Step Cambodia
 
27 Street 271B
Phnom Penh   855
CB
2022-09-21 140,000 Phase III: Systems strengthening through emergency support, social workforce development, and research 140,000 N/A 2/28/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
First Step Cambodia
 
27 Street 271B
Phnom Penh   855
CB
2023-11-01 135,000 Phase III: Systems strengthening through emergency support, social workforce development, and research 84,457 N/A 2/11/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
International Catholic Migration Commission
 
1 rue de Varemb
Geneva   1211
SZ
2023-05-17 200,000 Child Protection expansion programming 200,000 N/A 3/29/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
International Catholic Migration Commission
 
1 rue de Varemb
Geneva   1211
SZ
2023-05-17 200,000 Expanding Partnerships in Emergencies 200,000 N/A 3/29/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
International Catholic Migration Commission
 
1 rue de Varemb
Geneva   1211
SZ
2023-07-12 100,000 CR4U - Coordination 100,000 N/A 8/13/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Jesuit Refugee Service International
 
Borgo Santo Spirito 4
Rome   00193
IT
2023-01-18 500,000 JRS Faith-Based Reconciliation Program 500,000 N/A 3/7/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
markempa LLC
 
56 E Golden Lake Rd
Circle Pines,MN55014
2023-11-01 80,958 CCC support 80,958 N/A 6/26/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
M'Lop Tapang
 
Group 4
Sihanoukville   4
CB
2022-09-14 130,000 Phase III: Support to vulnerable children and families, social welfare workforce strengthening, and improved networking and advocacy 130,000 N/A 3/19/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
M'Lop Tapang
 
Group 4
Sihanoukville   4
CB
2023-11-08 130,000 Phase III: Support to vulnerable children and families, social welfare workforce strengthening, and improved networking and advocacy 130,000 N/A 2/18/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
M'lup Russey Organization
 
4F 5F St 26BT Phoum Thnort Chrum
Khan Mean Chey   120607
CB
2022-09-21 100,000 Phase III: Continued system strengthening via support to government, communities, and residential care institutions 100,000 N/A 2/5/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
M'lup Russey Organization
 
4F 5F St 26BT Phoum Thnort Chrum
Khan Mean Chey   120607
CB
2023-11-15 100,000 Phase III: Continued system strengthening via support to government, communities, and residential care institutions 90,797 N/A 2/12/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Pontifical Gregorian University
 
Piazza della Pilotta 4
Rome   00187
IT
2022-03-30 150,000 The Safe Journey Home 150,000 N/A 3/22/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Pontifical Gregorian University
 
Piazza della Pilotta 4
Rome   00187
IT
2023-04-26 150,000 The Safe Journey Home 89,360 N/A 3/31/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Secretariat for the Economy
 
Palazzo Apostolico Cortile del
Triangolo
Citt del Vaticano   00120
IT
2023-07-26 750,000 Organizational Support 750,000 N/A 3/12/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Secretariat of State
 
Apostolic Palace
Vatican City State   00120
IT
2023-06-28 500,000 Technology and Training 422,769 N/A 7/18/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Secretariat of State
 
Apostolic Palace
Vatican City State   00120
IT
2023-11-15 50,000 Technology and Training 0 N/A 7/18/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
This Life Cambodia
 
463 Group 10 Taphul Village Sangat
Svay Dangkum
Siem Reap   17252
CB
2022-03-30 150,000 Phase III Collaborative Support Program 150,000 N/A 4/23/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
This Life Cambodia
 
463 Group 10 Taphul Village Sangat
Svay Dangkum
Siem Reap   17252
CB
2022-09-21 100,000 Phase III: This Life in Families 100,000 N/A 4/23/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
This Life Cambodia
 
463 Group 10 Taphul Village Sangat
Svay Dangkum
Siem Reap   17252
CB
2023-11-01 100,000 Phase III: This Life in Families 99,578 N/A 3/21/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
United Aid for Azerbaijan
 
Apartment 77
Baku   AZ1072
AJ
2023-09-13 50,000 Braille Teach Investment 50,000 N/A 1/8/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
World Economic Forum
 
91-93 route de la Capite
Cologny   1223
SZ
2022-11-30 499,574 Global Platforms 251,167 N/A 3/14/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Administration of the Patrimony of the Apostolic See (APSA)
 
Cortile San Damaso
Vatican City State   00120
IT
2024-01-24 725,000 Human resource development plan 626,213 N/A 1/10/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Association of Women in Religious Institutes in Malawi (AWRIM)
 
PO Box 1511
Lilongwe   265
MI
2024-05-08 150,000 Phase 1 Implementation - Catholic Care for Children in Malawi 117,021 N/A 3/20/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Atalanta Therapeutics
 
51 Sleeper Street
Boston,MA02210
2024-12-05 6,666,667 Research on novel approaches to prevent Alzheimer's Disease 1 N/A 5/2/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
C2N Diagnostics
 
4340 Duncan Ave
Saint Louis,MO63110
2024-09-13 15,000,013 Research on novel approaches to prevent Alzheimer's Disease 120,000 N/A 6/3/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Caritas in Veritate Foundation
 
14 Grand Place
    1700
SZ
2024-08-07 140,000 Multi-lateral convening capacity on global affairs 29,399 N/A 3/24/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Caritas Internationalis
 
Palazzo della Tipografia legal
headquarters
Vatican City   V-00120
IT
2024-04-17 400,000 Capacity building and safeguarding 400,000 N/A 3/11/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
CEPROME
 
CALLE CHIRICAHUAS 4908 BUROCRATA
ESTATAL
CHIHUAHUA   31210
MX
2024-03-06 208,000 Safeguarding Technical Assistance 170,667 N/A 2/10/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Children In Families (CIF)
 
Unit 275 Street 41 BT
    12351
CB
2024-10-23 70,000 Phase III: System strengthening through improved service delivery, case management system enhancements, and organizational development 4,247 N/A 3/21/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Dicastery for Communication
 
Via della Conciliazione 5
Rome   00120
IT
2024-05-15 52,500 A synodal perspective to Faith Communication in the Digital World 23,242 N/A 4/1/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Holy Family Sisters of Colombo Province
 
90/1 Rosmead Place Colombo 07
Colombo   00700
CE
2024-03-27 100,000 Phase 1 Implementation - CCCSL 0 N/A 6/29/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
International Catholic Migration Commission
 
1 rue de Varemb
Geneva   1211
SZ
2024-04-17 200,000 Child Protection expansion programming 182,695 N/A 3/31/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
International Catholic Migration Commission
 
1 rue de Varemb
Geneva   1211
SZ
2024-04-17 200,000 Expanding Partnerships in Emergencies 154,979 N/A 6/17/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
International Catholic Migration Commission
 
1 rue de Varemb
Geneva   1211
SZ
2024-08-07 70,000 CR4U - Coordination 70,000 N/A 6/17/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Lund University
 
PO Box 117
Lund   SE-221 00
SW
2024-01-24 800,000 Proteomics Research 800,000 N/A 2/14/2024   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
markempa LLC
 
56 E Golden Lake Rd
Circle Pines,MN55014
2024-03-20 73,542 CCC support 53,292 N/A 4/30/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Pontifical Commission for the Protection of Minors
 
Largo Giovanni Paolo II
Vatican City   00120
IT
2024-10-09 80,000 Digitalisation of Palazzo Maffei-Marescotti 0 N/A 4/4/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Pontifical Gregorian University
 
Piazza della Pilotta 4
Rome   00187
IT
2024-05-22 150,000 The Safe Journey Home 0 N/A 3/31/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Secretariat for the Economy
 
Palazzo Apostolico Cortile del
Triangolo
Citt del Vaticano   00120
IT
2024-05-15 750,000 Organizational Support 118,986 N/A 3/12/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
Secretariat of State
 
Apostolic Palace
Vatican City State   00120
IT
2024-06-26 325,500 Ad limina visit and Pontifical Yearbook 186,863 N/A 7/18/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
The General Secretariat of the Synod
 
Via della Conciliazione no 34
Rome   00193
IT
2024-11-27 350,000 Synod on Synodality Assembly October 2024 350,000 N/A 3/5/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
This Life Cambodia
 
463 Group 10 Taphul Village Sangat
Svay Dangkum
Siem Reap   17252
CB
2024-05-08 180,000 Phase III Collaborative Support Program 1,818 N/A 4/23/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
This Life Cambodia
 
463 Group 10 Taphul Village Sangat
Svay Dangkum
Siem Reap   17252
CB
2024-10-23 100,000 Phase III: This Life in Families 0 N/A 3/21/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).
VIDES INTERNATIONAL
 
12 rue Lowet 1083 Bruxelles
Ganshoren Belgium
Rome   00165
IT
2024-05-08 163,200 Keeping Families Together II 161,163 N/A 7/14/2025   GHR Foundation reviewed the Grant Report noted above but did not undertake any verification of the grantee's reports as there has not been any reason to doubt their accuracy or reliability (Reg. 53.4945-5(c)).

TY 2024 GeneralExplanationAttachment
Name:
GHR Foundation
EIN:
45-3996122
Identifier Return Reference Explanation
Information about Officers, Directors, and Trustees Form 990-PF, Part VIII Officer compensation is reviewed by a committee of the board composed entirely of independent individuals. The committee engages an independent compensation firm with significant non-profit sector expertise. The firm utilizes compensation data of comparable private foundations to ensure the compensation is appropriate and reasonable.

TY 2024 InvestmentsLandSchedule2
Name:
GHR Foundation
EIN:
45-3996122
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Land 32,450,725 0 32,450,725 32,450,725
Building 2,313,448 0 2,313,448 2,313,448

TY 2024 InvestmentsOtherSchedule2
Name:
GHR Foundation
EIN:
45-3996122
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Fixed Income FMV 177,537,037 177,537,037
Public Equity FMV 527,427,252 527,427,252
Private Capital FMV 201,766,626 201,766,626
Hedge Funds FMV 57,028,533 57,028,533
Real Estate Funds and Partnerships FMV 9,106,532 9,106,532

TY 2024 LandEtcSchedule2
Name:
GHR Foundation
EIN:
45-3996122
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture and Equipment 639,203 618,540 20,663 20,663
Leasehold Improvements 1,768,727 1,251,084 517,643 517,643
Computer Software and Equipment 553,878 495,909 57,969 57,969
Artwork 41,190 0 41,190 41,190
Website 59,429 59,429 0  
Audio Visual Equipment 172,754 163,151 9,603 9,603


TY 2024 LegalFeesSchedule
Name:
GHR Foundation
EIN:
45-3996122
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 226,118 119,143 0 101,416


TY 2024 OtherAssetsSchedule
Name:
GHR Foundation
EIN:
45-3996122
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Program Related Investments 38,000,000 74,003,930 74,003,930


TY 2024 OtherExpensesSchedule
Name:
GHR Foundation
EIN:
45-3996122
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Rental Expenses 2,100,910 2,100,910 0 0
Direct Charitable Activities 1,408,505 0 0 1,444,331
Employee Recruitment and Retention 219,644 11,226 0 229,516
Professional Development and Conferences 48,675 3,186 0 59,653
Communication Expenses 32,089 0 0 32,089
Office Expenses 18,362 2,623 0 16,394
Insurance 84,933 9,573 0 75,508
IT Expenses 715,914 346,975 0 352,378
Other 5,426 404 0 4,921
Investment Fees 66,898 210,146 0 0
Client Foundation Expenses 1,072,239 0 0 -366,278
Deductions From Pass-Through Entities 0 12,649,760 0 0


TY 2024 OtherIncomeSchedule2
Name:
GHR Foundation
EIN:
45-3996122
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Partnership Income 23,161,909 40,490,909  
Foundation Services 1,438,517 0  
Other Income   2,039  
Other Loss -2,850,000 -2,850,000  
Tax Refunds, Net 282,601 0 0


TY 2024 OtherIncreasesSchedule
Name:
GHR Foundation
EIN:
45-3996122
Description Amount
Unrealized Gain/Loss 73,938,565


TY 2024 OtherLiabilitiesSchedule
Name:
GHR Foundation
EIN:
45-3996122
Description Beginning of Year - Book Value End of Year - Book Value
Lease Liability 2,316,911 1,754,162
Deferred Tax Accrual 1,139,000 1,637,000
Other Deferred Liabilities 398,055 313,244


TY 2024 OtherProfessionalFeesSchedule
Name:
GHR Foundation
EIN:
45-3996122
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Other Professional Fees 558,535 79,750 0 442,923