Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
HARDENBERGH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 81 EAST 7TH STREET SUITE 125
  Room/suite
City or town
ST PAUL
State or province
MN
Country  
ZIP or foreign postal code
55101
A Employer identification number

41-6011826
B Telephone number (see instructions)

6516534956
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$137,917,451J 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 .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,787,773 2,689,500  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,756,005
b Gross sales price for all assets on line 6a 17,360,797
7 Capital gain net income (from Part IV, line 2)... 5,756,005
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
18,962 9,955  
12 Total. Add lines 1 through 11........ 8,562,740 8,455,460  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 191,404 38,281   153,123
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits....... 27,870 0 0 27,870
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,750 0 0 1,750
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
553,590 498,231   55,359
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
161,985 19,498   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy.............. 21,386     21,386
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications.......... 4,653 0 0 4,653
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
29,078     29,078
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 991,716 556,010 0 293,219
25 Contributions, gifts, grants paid....... 6,821,500 6,821,500
26 Total expenses and disbursements. Add lines 24 and 25 ................ 7,813,216 556,010 0 7,114,719
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 749,524
b Net investment income (if negative, enter -0-) 7,899,450
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 37,822 67,638 67,638
2 Savings and temporary cash investments......... 2,764,329 4,477,439 4,477,439
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 28,542,333 Click to see attachment
List of Attached Documents:
// Content
29,584,557 		96,794,818
c Investments—corporate bonds (attach schedule)....... 28,713,225 Click to see attachment
List of Attached Documents:
// Content
26,641,425 		25,907,425
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 8,378,391 Click to see attachment
List of Attached Documents:
// Content
8,378,391 		10,651,824
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
17,142 		Click to see attachment
List of Attached Documents:
// Content
18,307 		Click to see attachment
List of Attached Documents:
// Content
18,307
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 68,453,242 69,167,757 137,917,451
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 68,453,242 69,167,757
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)..... 68,453,242 69,167,757
30 Total liabilities and net assets/fund balances (see instructions). 68,453,242 69,167,757
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
68,453,242
2
Enter amount from Part I, line 27a .....................
2
749,524
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
22,882
4
Add lines 1, 2, and 3 ..........................
4
69,225,648
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
57,891
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
69,167,757
Form 990-PF (2025)
Form 990-PF (2025)
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 1. CITIBANK ADR FX   1911-11-11 2025-01-09
b 2000. AIRBNB INC CL A   2021-05-17 2025-01-22
c 11000. ALBEMARLE CORP   2019-01-15 2025-01-22
d 4000. APPLE COMPUTER INC   2006-06-22 2025-01-22
e 17220. CENTENE CORP COM   2019-01-15 2025-01-22
1000. COSTCO WHSL CORP NEW COMMON STOCK   2016-10-20 2025-01-22
7980. EDWARDS LIFESCIENCES CORP COM   2017-02-10 2025-01-22
5800. MATCH GROUP INC NEW   2020-02-27 2025-01-22
2500. MICROSOFT CORP   2013-07-25 2025-01-22
7000. NVIDIA CORP COM   2022-08-04 2025-01-22
1660. ROPER TECHNOLOGIES INC COM   2021-09-21 2025-01-22
2000. UNITEDHEALTH GROUP INC COM   2013-06-10 2025-01-22
5394. WAL MART STORES INC   2015-12-11 2025-01-22
6100. APTIV PLC COM SHS   2024-05-22 2025-01-22
1992. APTIV PLC COM SHS   2021-09-21 2025-01-22
500000. TOYOTA MOTOR MTN 3.000% 4/01/25   2020-08-13 2025-04-01
500000. GENERAL MILLS INC 4.000% 4/17/25   2022-08-29 2025-04-17
500000. CHARLES SCHWAB CORP 3.850% 5/21/25   2019-07-22 2025-05-21
500000. 3M COMPANY MTN 3.000% 8/07/25   2019-07-22 2025-08-07
7000. ALBEMARLE CORP   2019-12-05 2025-08-08
9000. EXACT SCIENCES CORPORATION   2025-01-22 2025-08-08
3700. J P MORGAN CHASE & CO   2010-11-10 2025-08-08
9408. APTIV PLC COM SHS   2018-11-02 2025-08-08
1. BANK OF AMERICA CORP   1911-11-11 2025-09-12
500000. HP ENTERPRISE CO 4.900% 10/15/25   2022-08-29 2025-09-17
500000. BP CAP MARKETS 3.796% 9/21/25   2023-09-21 2025-09-21
500000. APPLIED MATERIALS 3.900% 10/01/25   2021-05-11 2025-10-01
500000. AIR PRODUCTS 1.500% 10/15/25   2021-05-12 2025-10-15
500000. CATERPILLAR FINL MTN 0.800% 11/13/25   2022-07-13 2025-11-13
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6     6
b 265,863   272,109 -6,246
c 997,410   791,126 206,284
d 892,403   8,377 884,026
e 1,095,337   1,049,687 45,650
941,008   150,443 790,565
552,109   239,744 312,365
188,212   501,078 -312,866
1,112,889   78,799 1,034,090
1,031,797   131,810 899,987
886,237   752,595 133,642
1,038,052   127,467 910,585
501,567   106,666 394,901
384,914   501,346 -116,432
125,696   285,145 -159,449
500,000   549,705 -49,705
500,000   500,020 -20
500,000   533,990 -33,990
500,000   518,475 -18,475
521,729   443,380 78,349
382,906   491,970 -109,064
1,068,391   147,220 921,171
624,843   842,770 -217,927
26     26
500,000   509,255 -9,255
500,000   500,000  
500,000   561,120 -61,120
500,000   510,495 -10,495
500,000   500,000  
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
      249,402
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       6
b       -6,246
c       206,284
d       884,026
e       45,650
      790,565
      312,365
      -312,866
      1,034,090
      899,987
      133,642
      910,585
      394,901
      -116,432
      -159,449
      -49,705
      -20
      -33,990
      -18,475
      78,349
      -109,064
      921,171
      -217,927
      26
      -9,255
       
      -61,120
      -10,495
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 5,756,005
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 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) 1 109,802
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........................... 3 109,802
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- ..... 5 109,802
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 150,946
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 150,946
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 41,144
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax41,144 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
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)
MN
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 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressHARDENBERGHFOUNDATION.ORG
14
The books are in care ofTAMRA DAVIS COWNIE Telephone no. (651) 653-4956

Located at81 EAST 7TH ST SUITE 125SAINT PAULMN ZIP+455101
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
JOHN G COUCHMAN SECRETARY/DIRECTOR
1 		0    
1641 NILES AVENUE
ST PAUL,MN55116
TAMRA DAVIS COWNIE PRESIDENT/CEO
40 		191,404    
81 EAST 7TH ST SUITE 125
ST PAUL,MN55101
JEFFREY T PETERSON VICE PRESIDENT/DIRECTOR
1 		0    
21030 KAROLINE COURT N 6
FOREST LAKE,MN550258399
MARY SCHMID DAUGHERTY TREASURER/DIRECTOR
1 		0    
123 MONTROSE PLACE
ST PAUL,MN55104
GLENN E JOHNSON DIRECTOR
1 		0    
10220 JAMACA AVE N
GRANT,MN55115
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................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
US BANK NA AGENT FOR TRUSTEE 553,590
PO BOX 64193
EAGAN,MN55164
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.........................  
Form 990-PF (2025)
Form 990-PF (2025)
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
127,508,850
b
Average of monthly cash balances.......................
1b
8,015,469
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
135,524,319
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
135,524,319
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,032,865
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
133,491,454
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
6,674,573
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
6,674,573
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
109,802
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
109,802
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,564,771
4
Recoveries of amounts treated as qualifying distributions................
4
15,000
5
Add lines 3 and 4............................
5
6,579,771
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
6,579,771
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, line 26, column (d) ..........
1a
7,114,719
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
7,114,719
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 6,579,771
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 1,342,138
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 7,114,719
a Applied to 2024, but not more than line 2a 1,342,138
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 2025 distributable amount..... 5,772,581
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		807,190
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 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here 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, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
TAMRA DAVIS COWNIE
81 EAST 7TH STREET SUITE 125
ST PAUL,MN55101
(651) 653-4956
bThe form in which applications should be submitted and information and materials they should include:
GRANT REQUESTS MUST INCLUDE A SUCCINCT 3-5 PAGE LETTER PROVIDING INFORMATION ABOUT THE ORGANIZATION, FINANCIAL STATEMENT (OR FORM 990) AND COPY OF IRS DETERMINATION LETTER
cAny submission deadlines:
OCTOBER 15TH
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE FOOTNOTES
Form 990-PF (2025)
Form 990-PF (2025)
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

INTERFAITH ACTION OF GREATER ST PAUL

1010 BANDANA BLVD W
ST PAUL,MN55105 		NONE   DEPT OF INDIAN WORK GEN OPS 15,000

BRIDGING INC

201 WEST 87TH ST
BLOOMINGTON,MN55420 		NONE   GENERAL OPERATING 20,000

COMMUSICATION

PO BOX 4014
ST PAUL,MN55104 		NONE   GENERAL OPERATING 10,000

CHILDREN'S DENTAL SERVICES

636 BROADWAY STREET NE
MINNEAPOLIS,MN55413 		NONE   GENERAL OPERATING 20,000

UJAMAA PLACE

490 CONCORDIA AVE
ST PAUL,MN55103 		NONE   GENERAL OPERATING 30,000

MINNESOTA TECH FOR SUCCESS

504 MALCOLM AVE STE 100
MINNEAPOLIS,MN55414 		NONE   GENERAL OPERATING 15,000

CITY OF WHITE BEAR LAKE

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

VALLEE DE CROIX

8546 LAKE JANE TRAIL N
LAKE ELMO,MN55042 		NONE   GENERAL OPERATING 10,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK ST SE STE 500
MINNEAPOLIS,MN554552010 		NONE   GENERAL OPERATING 20,000

OPEN CUPBOARD

8264 4TH STREET N
OAKDALE,MN55128 		NONE   GENERAL OPERATING 15,000

YMCA OF THE NORTH

615 NICOLLET MALL STE 500
MINNEAPOLIS,MN55402 		NONE   CAMP ST CORIX GENERAL 15,000

YMCA OF THE NORTH

615 NICOLLET MALL STE 500
MINNEAPOLIS,MN55402 		NONE   CHILD AND FAMILY WELLBEING 100,000

JOSEPH'S COAT

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

WASHINGTON COUNTY HISTORICAL SOCIETY

1862 S GREELEY ST
STILLWATER,MN55082 		NONE   GENERAL OPERATING 25,000

COMMUNITY DENTAL CARE

1670 BEAM AVE STE 204
MAPLEWOOD,MN55109 		NONE   GENERAL OPERATING 20,000

EAST SIDE LEARNING CENTER

290 ARUNDEL ST
ST PAUL,MN55103 		NONE   GENERAL OPERATING 15,000

TUBMAN

1725 MONASTERY WAY
MAPLEWOOD,MN55109 		NONE   GREAT DREAMS CAMPAIGN 75,000

TUBMAN

1725 MONASTERY WAY
MAPLEWOOD,MN55109 		NONE   GENERAL OPERATING 20,000

ST PAUL URBAN TENNIS

1675 FIFTH STREET E
ST PAUL,MN55106 		NONE   GENERAL OPERATING 15,000

ST PAUL URBAN TENNIS

1675 FIFTH STREET E
ST PAUL,MN55106 		NONE   PREDEVELOPMENT EXPENSES 100,000

BEACON INTERFAITH HOUSING COLLABORATIVE

2610 UNIVERSITY AVE WEST STE 100
ST PAUL,MN55114 		NONE   ARAGON HOUSING DEVELOPMENT 200,000

PEOPLE INCORPORATED

3000 AMES CROSSING RD STE 600
EAGAN,MN55121 		NONE   GENERAL OPERATING 25,000

AMERICAN DIABETES ASSOCIATION

2451 CRYSTAL DRIVE STE 900
ARLINGTON,VA22202 		NONE   CAMP NEEDLEPOINT GENERAL 15,000

DAILY WORK

105 UNIVERSITY AVE W
ST PAUL,MN55103 		NONE   GENERAL OPERATING 20,000

FACE TO FACE HEALTH AND COUNSELING

1165 ARCADE ST
ST PAUL,MN55106 		NONE   HOUSING BUILDING EXPENSES 250,000

FACE TO FACE HEALTH AND COUNSELING

1165 ARCADE ST
ST PAUL,MN55106 		NONE   GENERAL OPERATING 20,000

AMPERSAND FAMILIES

1751 COUNTY ROAD B W STE 300
ROSEVILLE,MN55113 		NONE   GENERAL OPERATING 20,000

MICROGRANTS

1000 N SIXTH ST STE 626B
MINNEAPOLIS,MN55403 		NONE   GENERAL OPERATING 20,000

GOODWILL-EASTER SEALS MINNESOTA

1270 ENERGY LN
ST PAUL,MN55108 		NONE   CAREER & SERVICES CENTER 100,000

GOODWILL-EASTER SEALS MINNESOTA

1270 ENERGY LN
ST PAUL,MN55108 		NONE   GENERAL OPERATING 25,000

EPILEPSY FOUNDATION

7760 FRANCE AVE S STE 210
BLOOMINGTON,MN55435 		NONE   CAMP OZ GENERAL OPERATIONS 15,000

PARTNERSHIP PLAN

1875 SOUTH GREELY ST
STILLWATER,MN55082 		NONE   GENERAL OPERATING 15,000

IMMIGRANT LAW CENTER OF MINNESOTA

450 NORTH SYNDICATE ST STE 200
ST PAUL,MN55104 		NONE   GENERAL OPERATING 15,000

GENESYS WORKS

445 MINNESOTA ST STE 720
ST PAUL,MN55101 		NONE   GENERAL OPERATING 25,000

MONTESSORI CENTER OF MINNESOTA

1611 AMES AVE E
ST PAUL,MN55106 		NONE   GENERAL OPERATING 20,000

HALLIE Q BROWN COMMUNITY CENTER

270 N KENT ST
ST PAUL,MN55102 		NONE   GENERAL OPERATING 20,000

HAMM CLINIC

10 RIVER PARK PLAZA STE 710
ST PAUL,MN55107 		NONE   GENERAL OPERATING 20,000

ILLUSION THEATER

3754 PLEASANT AVE STE 321W
MINNEAPOLIS,MN55409 		NONE   GENERAL OPERATING 10,000

POLK COUNTY HISTORICAL SOCIETY

120 W MAIN ST PO BOX 41
BALSAM LAKE,WI54810 		NONE   GENERAL OPERATING 15,000

URBAN BOATBUILDERS

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

RAMSEY COUNTY HISTORICAL SOCIETY

75 W FIFTH ST STE 323
ST PAUL,MN55102 		NONE   BUILDING THE BARN FOR 50,000

RAMSEY COUNTY HISTORICAL SOCIETY

75 W FIFTH ST STE 323
ST PAUL,MN55102 		NONE   GENERAL OPERATING 25,000

NORTHERN STAR SCOUTING

6202 BLOOMINGTON RD
FORT SNELLING,MN55111 		NONE   GENERAL OPERATING 30,000

INTERFAITH CAREGIVERS OF POLK COUNTY

PO BOX 833
ST CROIX FALLS,WI54024 		NONE   GENERAL OPERATING 10,000

SANNEH FOUNDATION

1276 UNIVERSITY AVE W
ST PAUL,MN55104 		NONE   GENERAL OPERATING 20,000

PROJECT FOR PRIDE IN LIVING

1035 EAST FRANKLIN AVE
MINNEAPOLIS,MN55404 		NONE   GENERAL OPERATING 25,000

PUBLIC ART ST PAUL

370 WABASHA ST N STE 114
ST PAUL,MN55102 		NONE   GENERAL OPERATING 10,000

GUILD

122 WABASHA ST S STE 400
ST PAUL,MN55107 		NONE   GENERAL OPERATING 20,000

EVOLVE FAMILY SERVICES

5850 OMAHA AVE N
STILLWATER,MN55082 		NONE   GENERAL OPERATING 20,000

COMPAS

450 SYNDICATE ST N STE 325
ST PAUL,MN55104 		NONE   GENERAL OPERATING 15,000

AIN DAH YUNG CENTER

1089 PORTLAND AVE
ST PAUL,MN55104 		NONE   GENERAL OPERATING 20,000

KAREN ORGANIZATION OF MINNESOTA

2353 RICE ST STE 240
ROSEVILLE,MN55113 		NONE   GENERAL OPERATING 10,000

MINNDEPENDENT

5200 WILLSON RD STE 310
EDINA,MN55424 		NONE   IT INFRASTRUCTURE 20,000

MINNDEPENDENT

5200 WILLSON RD STE 310
EDINA,MN55424 		NONE   GENERAL OPERATING 30,000

ORDWAY CENTER FOR THE PERFORMING ARTS

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

NEIGHBORHOOD DEVELOPMENT CENTER

663 UNIVERSITY AVE STE 200
ST PAUL,MN55104 		NONE   GENERAL OPERATING 25,000

STEPPING STONE EMERGENCY HOUSING

3300 FOURTH AVE STE 14
ANOKA,MN55303 		NONE   GENERAL OPERATING 10,000

LITERACY MINNESOTA

700 RAYMOND AVE STE 180
ST PAUL,MN55114 		NONE   GENERAL OPERATING 20,000

MINNESOTA YOUTH SYMPHONIES

790 CLEVELAND AVE S STE 203
ST PAUL,MN551161958 		NONE   GENERAL OPERATING 10,000

WOMEN'S ADVOCATES INC

PO BOX 4039
ST PAUL,MN55104 		NONE   EMERGENCY SHELTER EXPANSION 100,000

AMERICAN COMPOSERS FORUM

75 FIFTH ST W STE 522
ST PAUL,MN55102 		NONE   GENERAL OPERATING 10,000

ARTS PARTNERSHIP

345 WASHINGTON ST
ST PAUL,MN55101 		NONE   GENERAL OPERATING 15,000

ST PAUL PARKS CONSERVANCY

401 ROBERT ST N STE 150
ST PAUL,MN55101 		NONE   GENERAL OPERATING 25,000

UJAMAA PLACE

490 CONCORDIA AVE
ST PAUL,MN55103 		NONE   UJAMAA PLACE RENOVATIONS 500,000

BRIDGING HEARTS

4800 HARRIET AVE
MINNEAPOLIS,MN554195436 		NONE   GENERAL OPERATING 15,000

REPOWERED

860 VANDALIA ST
ST PAUL,MN55114 		NONE   GENERAL OPERATING 20,000

VALLEY FRIENDSHIP CLUB

6201 N OSGOOD AVE
STILLWATER,MN55082 		NONE   GENERAL OPERATING 15,000

WAKAN TIPI AWANYANKAPI

590 FOURTH ST E
ST PAUL,MN55106 		NONE   DAYLIGHTING PHALEN CREEK 250,000

ALLINA HEALTH SYSTEM

2925 CHICAGO AVE
MINNEAPOLIS,MN55407 		NONE   THERAPY POOL RESTORATION 50,000

THE ST PAUL AND RAMSEY COUNTY

394 DAYTON AVE
ST PAUL,MN55102 		NONE   GENERAL OPERATING 20,000

THERESA LIVING CENTER

917 JESSAMINE AVE E
ST PAUL,MN55106 		NONE   GENERAL OPERATING 20,000

CANVAS HEALTH

7066 STILLWATER BLVD N
OAKDALE,MN55128 		NONE   GENERAL OPERATING 20,000

YOUTH SERVICE BUREAU

6120 OREN AVE N
STILLWATER,MN55082 		NONE   GENERAL OPERATING 20,000

BIG BROTHERS BIG SISTERS

3110 WASHINGTON AVE N
MINNEAPOLIS,MN55411 		NONE   GENERAL OPERATING 15,000

OPERATION HELP INC

1830 HANLEY ROAD STE 100
HUDSON,WI54016 		NONE   GENERAL OPERATING 15,000

NORTH STAR MUSEUM OF BOY & GIRL SCOUTING

2640 SEVENTH AVE E
NORTH ST PAUL,MN55109 		NONE   GENERAL OPERATING 15,000

ST PAUL & MINNESOTA FOUNDATION

370 WABASHA ST N STE 300
ST PAUL,MN55102 		NONE   GENERAL OPERATING 25,000

FAIRVIEW CEMETERY ASSOCIATION

6373 OSGOOD AVE N
STILLWATER,MN55082 		NONE   CEMETERY BLOCK MARKER ID 10,000

MERRICK COMMUNITY SERVICES

1669 ARCADE ST N STE 4
ST PAUL,MN55106 		NONE   GENERAL OPERATING 30,000

INTERNATIONAL INSTITUTE OF MINNESOTA

1694 COMO AVE
ST PAUL,MN55108 		NONE   GENERAL OPERATING 20,000

UNIVERSITY OF ST THOMAS

2115 SUMMIT AVE
ST PAUL,MN55105 		NONE   MORRISON FAMILY SIMULATION 50,000

MINNESOTA HISTORICAL SOCIETY

345 KELLOGG BLVD W
ST PAUL,MN55102 		NONE   GENERAL OPERATING 20,000

MINNESOTA MUSEUM OF AMERICAN ART

350 ROBERT STREET NORTH
ST PAUL,MN55101 		NONE   GENERAL OPERATING 10,000

MINNESOTA ACADEMY OF SCIENCE

970 RAYMOND AVE STE 103
ST PAUL,MN55114 		NONE   GENERAL OPERATING 15,000

BOYS AND GIRLS CLUBS OF THE TWIN CITIES

690 JACKSON STREET
ST PAUL,MN55130 		NONE   GENERAL OPERATING 15,000

SUMMIT ACADEMY OIC

935 OLSON MEMORIAL HWY
MINNEAPOLIS,MN55405 		NONE   EQUIP FOR DENTAL ASSISTANT 35,000

SUMMIT ACADEMY OIC

935 OLSON MEMORIAL HWY
MINNEAPOLIS,MN55405 		NONE   GENERAL OPERATING 25,000

COMMUNITY THREAD

2300 ORLEANS ST W
STILLWATER,MN55082 		NONE   GENERAL OPERATING 20,000

URBAN ROOTS MN

1110 PAYNE AVE
SAINT PAUL,MN55130 		NONE   GENERAL OPERATING 15,000

FRIENDS & CO

2550 UNIVERSITY AVENUE W STE 260-S
ST PAUL,MN55114 		NONE   GENERAL OPERATING 20,000

SCIENCE FROM SCIENTISTS

9001 EAST BLOOMINGTON FREEWAY STE 1
BLOOMINGTON,MN55420 		NONE   GENERAL OPERATING 10,000

COMMONBOND COMMUNITIES

PO BOX 581518
MINNEAPOLIS,MN55458 		NONE   GARDEN TERRACE COMMONS & 100,000

MINNESOTA BOYCHOIR

75 W FIFTH ST STE 411
ST PAUL,MN55102 		NONE   GENERAL OPERATING 10,000

MINNESOTA COUNCIL ON FOUNDATIONS

2550 UNIVERSITY AVE W STE 200N
ST PAUL,MN55114 		NONE   GENERAL OPERATING 23,500

PARK SQUARE THEATRE

408 ST PETER ST STE 110
ST PAUL,MN55102 		NONE   GENERAL OPERATING 25,000

MINNESOTA HUMANITIES CENTER

987 IVY AVE E
ST PAUL,MN55106 		NONE   GENERAL OPERATING 20,000

MINNESOTA CHILDRENS MUSEUM

10 W SEVENTH ST
ST PAUL,MN55102 		NONE   GENERAL OPERATING 20,000

LAKEVIEW HEALTH FOUNDATION

927 CHURCHILL ST W
STILLWATER,MN55082 		NONE   LAKEVIEW HOSPITAL 500,000

COMMUNIDADES LATINAS UNIDAS EN SERVICIO

797 EAST SEVENTH ST
ST PAUL,MN55106 		NONE   GENERAL OPERATING 20,000

JUNIOR ACHIEVEMENT NORTH

1745 UNIVERSITY AVE W
ST PAUL,MN55104 		NONE   JA DREAM ACCELERATOR 50,000

ACHIEVE TWIN CITIES

404 S 8TH STREET STE 105
MINNEAPOLIS,MN55404 		NONE   GENERAL OPERATING 20,000

IRIS PARK COMMONS

1850 UNIVERSITY AVE WEST
ST PAUL,MN551043930 		NONE   ZEMPLEE AI MOTION SENSOR 50,000

VALLEY OUTREACH

1911 CURVE CREST BLVD W
STILLWATER,MN55082 		NONE   GENERAL OPERATING 20,000

WOMENVENTURE

165 WESTERN AVE N STE 8 100
ST PAUL,MN55102 		NONE   SOFTWARE ACQUISITION & 50,000

PRESBYTERIAN HOMES FOUNDATION

2845 HAMLINE AVE N
ROSEVILLE,MN551131888 		NONE   CROIXDALE RENOVATIONS 200,000

TRUE FRIENDS

10509 108TH ST NW
ANNANDALE,MN55302 		NONE   CAMP EDEN WOOD IMPROVEMENTS 100,000

TRUE FRIENDS

10509 108TH ST NW
ANNANDALE,MN55302 		NONE   GENERAL OPERATING 20,000

WORKS MUSEUM

9740 GRAND AVENUE S
BLOOMINGTON,MN55420 		NONE   GENERAL OPERATING 20,000

PARKVIEW CENTER SCHOOL PTSA

701 COUNTY ROAD B W
ROSEVILLE,MN55113 		NONE   INCLUSIVE PLAYGROUND 50,000

SPRINGBOARD FOR THE ARTS

262 UNIVERSITY AVE W
ST PAUL,MN55103 		NONE   GENERAL OPERATING 20,000

HIGHLAND FRIENDSHIP CLUB

PO BOX 16437
ST PAUL,MN55116 		NONE   GENERAL OPERATING 10,000

ARTREACH ST CROIX

224 4TH ST N
STILLWATER,MN55082 		NONE   FRESH PAINT & BOILER 40,000

CHILDREN'S LAW CENTER OF MINNESOTA

450 SYNDICATE ST N STE 340
ST PAUL,MN55104 		NONE   GENERAL OPERATING 15,000

FRIENDS OF THE MISSISSIPPI RIVER

106 W WATER ST STE 600
ST PAUL,MN551072032 		NONE   GENERAL OPERATING 15,000

MINNESOTA YOUTH SKI LEAGUE

PO BOX 18659
MINNEAPOLIS,MN554180659 		NONE   PURCHASE OF SKI EQUIPMENT 15,000

JEREMIAH PROGRAM

923 RONDO AVE
ST PAUL,MN55104 		NONE   GENERAL OPERATING 20,000

PORTICO HEALTHNET

2925 CHICAGO AVE SOUTH STE 094
MINNEAPOLIS,MN55407 		NONE   GENERAL OPERATING 20,000

OSIRIS ORGANIZATION

950 FULLER AVE STE 1
ST PAUL,MN55104 		NONE   GENERAL OPERATING 15,000

ST PAUL BALLET

655 FAIRVIEW AVE N STE 170D
ST PAUL,MN55104 		NONE   STUDIO CAPITAL IMPROVEMENTS 50,000

PEACEMAKER MINNESOTA

2131 FAIRVIEW AVE N STE E
ROSEVILLE,MN55113 		NONE   GENERAL OPERATING 10,000

OPPORTUNITY NEIGHBORHOOD

PO BOX 953
ELK RIVER,MN55330 		NONE   AMES LAKE RESIDENT SERVICES 7,500

MUSIC ST CROIX

522 OAK ST W
STILLWATER,MN55082 		NONE   GENERAL OPERATING 10,000

GREAT RIVER GREENING

251 STARKEY ST STE 2200
ST PAUL,MN55107 		NONE   PURCHASE OF A BIOCHAR TRUCK 32,000

GREAT RIVER GREENING

251 STARKEY ST STE 2200
ST PAUL,MN55107 		NONE   GENERAL OPERATING 15,000

COMO FRIENDS

1225 ESTABROOK DR
ST PAUL,MN55103 		NONE   GENERAL OPERATING 15,000

MINNESOTA RECOVERY CONNECTION

800 TRANSFER RD STE 31
ST PAUL,MN55114 		NONE   GENERAL OPERATING 15,000

RIVER VALLEY RIDERS

8362 TAMARACK VLG STE 119 PMB 440
WOODBURY,MN551253392 		NONE   GENERAL OPERATING 15,000

COLLEGE POSSIBLE

755 PRIOR AVE N STE 210
ST PAUL,MN551041064 		NONE   GENERAL OPERATING 25,000

TWO RIVERS COMMUNITY LAND TRUST

PO BOX 25451
WOODBURY,MN551250451 		NONE   AFFORDABLE HOUSING IN 60,000

FAMILY VALUES FOR LIFE

1280 ARCADE ST
ST PAUL,MN55106 		NONE   GENERAL OPERATING 20,000

CAMP ODAYIN

3503 HIGH POINT DR N STE 250
OAKDALE,MN55128 		NONE   GENERAL OPERATING 20,000

GERMANIC-AMERICAN INSTITUTE

301 SUMMIT AVE
ST PAUL,MN55102 		NONE   CAPITAL CAMPAIGN EXPENSES 50,000

GREATER TWIN CITIES YOUTH SYMPHONIES

10 RIVER PARK PLZ STE 730
ST PAUL,MN551071221 		NONE   GENERAL OPERATING 10,000

DODGE NATURE CENTER

365 MARIE AVE W
ST PAUL,MN55118 		NONE   FARM ED CENTER RENO PROJ 100,000

PHOENIX RESIDENCE INC

222 PLATO BLVD E
ST PAUL,MN551071618 		NONE   ACCESSIBILITY IMPROVEMENTS 75,000

THE PLAYWRIGHTS' CENTER

710 RAYMOND AVE
ST PAUL,MN55102 		NONE   CAMPAIGN FOR ALL NARRATIVES 100,000

GIRLS ON THE RUN MINNESOTA INC

355 RANDOLPH AVE STE 200
ST PAUL,MN55102 		NONE   GENERAL OPERATING 15,000

BREAKTHROUGH TWIN CITIES

2051 LARPENTEUR AVE E
ST PAUL,MN55109 		NONE   GENERAL OPERATING 15,000

JK MOVEMENT

1063 IGLEHART AVE
ST PAUL,MN55104 		NONE   GENERAL OPERATING 15,000

READY SET SMILE

3501 ALDRICH AVE S
MINNEAPOLIS,MN55409 		NONE   2 PORTABLE DENTAL CHAIR 10,000

EAST SIDE FREEDOM LIBRARY

1105 GREENBRIER ST
ST PAUL,MN551062501 		NONE   FREEDOM LIBRARY RENOVATIONS 75,000

CATHOLIC SCHOOLS CENTER OF EXCELLENCE

6600 FRANCE AVE S STE 640
EDINA,MN55435 		NONE   GENERAL OPERATING 15,000

CONNECT CENTER

609 FIFTH ST S
STILLWATER,MN55082 		NONE   GENERAL OPERATING 25,000

NATIONAL INVENTORS HALL OF FAME

3701 HIGHLAND PARK NW
NORTH CANTON,OH44720 		NONE   GENERAL OPERATING 15,000

MINNESOTA ZOO FOUNDATION

13000 ZOO BLVD
APPLE VALLEY,MN551244621 		NONE   WILDLIFE HOSPITAL & 150,000

LATINO ECONOMIC DEVELOPMENT CENTER

804 MARGARET ST
ST PAUL,MN55106 		NONE   PLAZA DEL SOL CAPITAL 100,000

ARC MINNESOTA

641 FAIRVIEW AVE N STE 195
ST PAUL,MN55104 		NONE   GENERAL OPERATING 20,000

JEWISH FAMILY SERVICE OF ST PAUL

1633 SEVENTH ST W
ST PAUL,MN55102 		NONE   GENERAL OPERATING 20,000

ELPIS ENTERPRISES

2161 UNIVERSITY AVE W STE 112
ST PAUL,MN551141319 		NONE   PURCHASE OF NEW EQUIPMENT 50,000

ELPIS ENTERPRISES

2161 UNIVERSITY AVE W STE 112
ST PAUL,MN551141319 		NONE   GENERAL OPERATING 20,000

FRIENDS OF THE ST PAUL PUBLIC LIBRARY

2610 UNIVERSITY AVE W
ST PAUL,MN55114 		NONE   GENERAL OPERATING 15,000

FREEDOM PLACE

653 DALE ST N
ST PAUL,MN55103 		NONE   SEEK FINANCIAL ADVICE 5,000

FREEDOM PLACE

653 DALE ST N
ST PAUL,MN55103 		NONE   NEW FLOORING 33,500

SMALL SUMS

1549 UNIVERSITY AVENUE W STE 300
ST PAUL,MN55104 		NONE   GENERAL OPERATING 15,000

YWCA ST PAUL

375 SELBY AVE
ST PAUL,MN55102 		NONE   NEW FITNESS EQUIPMENT 125,000

YWCA ST PAUL

375 SELBY AVE
ST PAUL,MN55102 		NONE   GENERAL OPERATING 25,000

WALKERWEST MUSIC ACADEMY

650 MARSHALL AVE
ST PAUL,MN55104 		NONE   GENERAL OPERATING 15,000

READING PARTNERS

700 RAYMOND AVE ST 160
ST PAUL,MN55114 		NONE   GENERAL OPERATING 20,000

FAMILYMEANS

1875 NORTHWESTERN AVE S
STILLWATER,MN55082 		NONE   GENERAL OPERATING 30,000

SOUTHERN MINNESOTA REGIONAL LEGAL SERVICES

450 N SYNDICATE ST STE 260
ST PAUL,MN55104 		NONE   GENERAL OPERATING 25,000

FIREFIGHTERS FOR HEALING

650 PORTLAND AVE
MINNEAPOLIS,MN55415 		NONE   CAMP RED GENERAL OPERATIONS 15,000

CELTIC JUNCTION ARTS CENTER

836 PRIOR AVENUE N STE 200
ST PAUL,MN55104 		NONE   BUILDING RENOVATIONS 100,000

BIG IDEAS

23 S MINNESOTA ST
NEW ULM,MN56073 		NONE   PURCHASE OF LAB 3 TRAILER 75,000

BIG IDEAS

23 S MINNESOTA ST
NEW ULM,MN56073 		NONE   GENERAL OPERATING 15,000

WILDFLYER COFFEE

3258 MINNEHAHA AVE
MINNEAPOLIS,MN55406 		NONE   GENERAL OPERATING 15,000

FOSTER ADVOCATES

2550 UNIVERSITY AVE W STE 200N
ST PAUL,MN55114 		NONE   GENERAL OPERATING 15,000

BLACK MEN TEACH

370 WABASHA ST N STE 660
ST PAUL,MN55102 		NONE   GENERAL OPERATING 15,000

OPEN DOOR COMMUNITY THEATRE

PO BOX 251111
WOODBURY,MN55125 		NONE   GENERAL OPERATING 10,000

UNION GOSPEL MISSION TWIN CITIES

376 WESTERN AVE N
ST PAUL,MN55103 		NONE   GENERAL OPERATING 20,000

DRAWER

500 E TRAVELERS TRAIL STE 575
BURNSVILLE,MN55337 		NONE   TECH UPGRADES TO VOLUNTEER 40,000

STAR HOUSE

PO BOX 4541
ST PAUL,MN55101 		NONE   GENERAL OPERATING 10,000

RISE UP HEALTH CLINICS

5045 DIVISION AVE
WHITE BEAR LAKE,MN55110 		NONE   GENERAL OPERATING 10,000

NEIGHBORHOOD HOUSE

179 ROBIE ST E
ST PAUL,MN55107 		NONE   GENERAL OPERATING 30,000

VALLEY CHAMBER CHORALE

PO BOX 352
STILLWATER,MN55082 		NONE   GENERAL OPERATING 10,000

HISTORY THEATRE

30 E TENTH ST
ST PAUL,MN55101 		NONE   GENERAL OPERATING 10,000

AGE WELL AT HOME

1400 VAN BUREN ST NE STE 200
MINNEAPOLIS,MN55413 		NONE   GENERAL OPERATING 10,000

ST PAUL CHAMBER ORCHESTRA

370 WABASHA ST N STE 1420
ST PAUL,MN55102 		NONE   GENERAL OPERATING 15,000

BAZTEC FISHING & OUTDOORS

4931 RUSSELL AVE N
MINNEAPOLIS,MN55430 		NONE   PURCHASE OF TRAVEL 50,000

KEYSTONE COMMUNITY SERVICES

2000 ST ANTHONY AVE
ST PAUL,MN55104 		NONE   GENERAL OPERATING 30,000

LAKES CENTER FOR YOUTH & FAMILIES

200 FOURTH STREET SW
FOREST LAKE,MN55025 		NONE   GENERAL OPERATING 20,000

LUTHERAN SOCIAL SERVICE OF MINNESOTA

2485 COMO AVE
ST PAUL,MN55108 		NONE   CAMP KNUTSON GENERAL 20,000

LUTHERAN SOCIAL SERVICE OF MINNESOTA

2485 COMO AVE
ST PAUL,MN55108 		NONE   CHILDREN'S HOME SOCIETY 15,000

LUTHERAN SOCIAL SERVICE OF MINNESOTA

2485 COMO AVE
ST PAUL,MN55108 		NONE   EARLY LEARNING SERVICES 20,000

GIRL SCOUTS RIVER VALLEYS

400 ROBERT ST S
ST PAUL,MN55107 		NONE   GENERAL OPERATING 30,000

LANDMARK CENTER

75 WEST FIFTH ST STE 404
ST PAUL,MN55102 		NONE   GENERAL OPERATING 20,000
Total ................................. 3a 6,821,500
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 2,787,773  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 5,756,005  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    1 9,955  
bFEDERAL TAX REFUND     1 9,007  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   8,562,740  
13Total. Add line 12, columns (b), (d), and (e)..................
13
8,562,740
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,750     1,750

TY 2025 InvestmentsCorpBondsSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Name of Bond End of Year Book Value End of Year Fair Market Value
375558BF9 GILEAD SCIENCES INC 512,335 499,780
808513AX3 CHARLES SCHWAB CORP    
88579YAR2 3M COMPANY MTN    
882508BC7 TEXAS INSTRUMENTS 566,215 494,835
747525AU7 QUALCOMM INC 559,845 497,235
89236TGX7 TOYOTA MOTOR MTN    
46625HRV4 JP MORGAN CHASE CO 548,030 496,755
166764BL3 CHEVRON CORP 557,280 498,510
191216DJ6 COCA COLA CO 494,775 477,595
009158BB1 AIR PRODUCTS    
70450YAE3 PAYPAL HOLDINGS INC 544,770 478,940
91324PDE9 UNITEDHEALTH GROUP 544,450 492,980
717081EP4 PFIZER INC 559,010 499,185
79466LAF1 SALESFORCE COM INC 561,510 499,925
74340XBN0 PROLOGIS LP L P 517,760 489,345
06368FAC3 BANK OF MONTREAL MTN 496,695 490,915
0641593U8 BANK NOVA SCOTIA 498,795 497,730
038222AJ4 APPLIED MATERIALS    
172967KN0 CITIGROUP INC 548,790 499,055
61761J3R8 MORGAN STANLEY MTN 540,825 497,755
110122BB3 BRISTOL MYERS 553,400 497,465
38141GWB6 GOLDMAN SACHS GROUP 537,785 499,560
24422ETW9 JOHN DEERE MTN 541,015 491,905
756109AU8 REALTY INCOME CORP 549,495 496,735
020002BD2 ALLSTATE CORP 536,955 497,310
126408HM8 CSX CORP 572,865 504,060
440452AH3 HORMEL FOODS CORP 508,430 474,900
039483BL5 ARCHER DANIELS 530,670 495,770
74460DAD1 PUBLIC STORAGE 547,950 489,810
20030NCH2 COMCAST CORP 555,620 495,895
037833DP2 APPLE INC 450,315 471,620
370334CF9 GENERAL MILLS INC    
42824CAW9 HP ENTERPRISE CO    
291011BQ6 EMERSON ELEC CO 448,500 474,240
14040HBN4 CAPITAL ONE 473,690 498,510
822582CB6 SHELL INTERNATIONAL 496,265 499,790
14913R2H9 CATERPILLAR FINL MTN    
10373QAB6 BP CAP MARKETS    
126650DX5 CVS HEALTH CORP 483,500 516,670
458140AN0 INTEL CORP 469,520 476,705
45866FAW4 INTERCONTINENTAL 485,610 505,875
459200KU4 INTERNATIONAL 464,725 498,775
501044BZ3 KROGER CO THE 582,110 570,130
70109HAM7 PARKER HANNIFIN MTN 467,220 484,860
883556CX8 THERMO FISHER 488,220 518,990
92343VEA8 VERIZON 476,970 492,080
94106LBS7 WASTE MGMT INC 457,935 495,560
02665WEZ0 AMERICAN HONDA MTN 486,465 502,310
053332BD3 AUTOZONE INC 478,055 501,065
05723KAG5 BAKER HUGHES LLC CO 475,690 482,380
17252MAQ3 CINTAS CORP 467,015 489,235
29736RAV2 LAUDER ESTEE COS 494,465 507,485
49271VAJ9 KEURIG DR PEPPER 473,660 474,960
68389XCE3 ORACLE CORP 456,695 449,295
776696AH9 ROPER TECHNOLOGIES 507,660 505,435
78016HZQ6 ROYAL BK CDA MTN 519,160 513,345
231021BA3 CUMMINS INC 501,050 518,485
532457BA5 ELI LILLY & CO 526,260 540,210
539830AR0 LOCKHEED MARTIN CORP 544,925 556,300
548661EQ6 LOWES COS INC 503,270 516,495
579780AU1 MCCORMICK CO INC SR 477,205 492,670

TY 2025 InvestmentsCorpStockSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Name of Stock End of Year Book Value End of Year Fair Market Value
037833100 APPLE INC COM 32,461 4,213,830
437076102 HOME DEPOT INC 1,081,118 2,890,440
H1467J104 CHUBB LIMITED COM 562,325 3,089,988
56585A102 MARATHON PETROLEUM C 815,211 2,577,686
594918104 MICROSOFT CORP COM 378,233 5,803,440
02079K305 ALPHABET INC CL A 441,155 7,355,500
893641100 TRANSDIGM GROUP INC 188,231 1,688,910
002824100 ABBOTT LABORATORIES 32,901 1,691,415
478160104 JOHNSON JOHNSON 309,497 1,241,700
654106103 NIKE INC 113,569 490,567
931142103 WALMART INC COM 338,270 1,905,779
57636Q104 MASTERCARD INC 96,218 3,465,242
91324P102 UNITEDHEALTH GROUP I 799,498 2,230,553
46625H100 JPMORGAN CHASE CO 251,318 2,577,760
22160K105 COSTCO WHSL CORP 631,862 3,621,828
247361702 DELTA AIR LINES INC 923,023 1,450,460
79466L302 SALESFORCE INC 968,386 3,152,429
907818108 UNION PACIFIC CORP C 498,245 1,503,580
539830109 LOCKHEED MARTIN CORP 570,005 1,402,643
03027X100 AMERICAN TOWER CORP 1,025,943 1,290,440
023135106 AMAZON.COM INC 392,328 6,047,484
060505104 BANK OF AMERICA CORP 683,750 3,355,000
81762P102 SERVICENOW INC 263,063 2,297,850
816851109 SEMPRA COM 256,927 459,108
28176E108 EDWARDS LIFESCIENCES    
808513105 SCHWAB CHARLES CORP 738,300 1,728,443
15135B101 CENTENE CORP COM    
110122108 BRISTOL MYERS SQUIBB 561,795 542,097
012653101 ALBEMARLE CORP    
92826C839 VISA INC COM CL A 501,000 981,988
17275R102 CISCO SYSTEMS INC 497,630 893,548
57667L107 MATCH GROUP INC NEW    
776696106 ROPER TECHNOLOGIES I    
009066101 AIRBNB INC CL A    
67066G104 NVIDIA CORP COM 704,663 8,252,625
65339F101 NEXTERA ENERGY INC 1,506,899 1,628,881
87612E106 TARGET CORP 1,004,193 635,375
G5960L103 MEDTRONIC PLC SHS 499,951 465,891
697435105 PALO ALTO NETWORKS I 567,469 1,164,144
617446448 MORGAN STANLEY 501,343 1,020,798
90353T100 UBER TECHNOLOGIES IN 1,271,830 1,748,594
09290D101 BLACKROCK INC COM 1,501,796 2,097,866
30303M102 META PLATFORMS INC 1,070,897 1,452,198
532457108 ELI LILLY CO 1,254,134 1,746,355
92537N108 VERTIV HOLDINGS CO 493,864 891,055
G3265R107 APTIV PLC COM SHS    
007903107 ADVANCED MICRO DEVIC 556,802 963,720
235851102 DANAHER CORP 495,497 572,300
26142V105 DRAFTKINGS INC NEW 495,661 413,520
550021109 LULULEMON ATHLETICA 572,601 311,715
58733R102 MERCADOLIBRE INC 546,171 604,278
595112103 MICRON TECHNOLOGY IN 533,894 1,284,345
679295105 OKTA INC 494,456 466,938
806857108 SCHLUMBERGER LTD COM 750,780 690,840
871607107 SYNOPSYS INC 326,249 281,832
88339J105 TRADE DESK INC THE C 483,145 151,840

TY 2025 InvestmentsOtherSchedule2
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
641233200 NEUBERGER BERMAN GEN AT COST 1,427,499 1,556,879
46432F842 ISHARES CORE MSCI EA AT COST 5,093,377 6,572,716
46434G103 ISHARES CORE MSCI EM AT COST 1,857,515 2,522,229

TY 2025 OtherAssetsSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
MUTUTAL FUND TIMING DIFFERENCE   0 0
000000000 MISCELLANEOUS ENTRY 17,142 18,307 18,307


TY 2025 OtherDecreasesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Description Amount
PY ROC ADJUSTMENT 51,273
PY VISA TIMING ADJUSTMENT 3,135
COST BASIS ADJUSTMENT 547
INTEREST INCOME TIMING ADJUSTMENT 2,007
SEC LIT BASIS ADJUSTMENT 929


TY 2025 OtherExpensesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES PAID 13,822 0   13,822
PROFESSIONAL FEES 3,528 0   3,528
INTERNET 3,348 0   3,348
PAYROLL FEES 1,690 0   1,690
PARKING EXPENSES 1,650 0   1,650
OFFICE SUPPLIES 1,423 0   1,423
TELEPHONE 1,088 0   1,088
WEBSITE EXPENSES 698 0   698
MEETING EXPENSES 647 0   647
POSTAGE EXPENSES 114 0   114
STATE FILING FEE/TAX 25 0   25
EXPENSE REIMBURSEMENTS 860 0   860
MISCELLANEOUS EXPENSES 185 0   185


TY 2025 OtherIncomeSchedule2
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 9,955 9,955  
FEDERAL TAX REFUND 9,007 0  


TY 2025 OtherIncreasesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Description Amount
PY PURCHASE OF ACCRUED INTEREST 7,472
RECOVERY OF GRANTS PAID 15,000
CY VISA TIMING ADJUSTMENT 410


TY 2025 OtherProfessionalFeesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE 553,590 498,231   55,359


TY 2025 TaxesSchedule
Name:
HARDENBERGH FOUNDATION
EIN:
41-6011826
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 11,004 11,004   0
FEDERAL ESTIMATES - PRINCIPAL 142,487 0   0
FOREIGN TAXES ON NONQUALIFIED 8,494 8,494   0