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
ASTRUP FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 1532 AFT
  Room/suite
City or town
PENNINGTON
State or province
NJ
Country  
ZIP or foreign postal code
08534
A Employer identification number

47-2413421
B Telephone number (see instructions)

8888663275
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)$18,731,406J 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) 1,185,848
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 440,531 440,531  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 469,148
b Gross sales price for all assets on line 6a 8,228,296
7 Capital gain net income (from Part IV, line 2)... 469,148
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).......      
12 Total. Add lines 1 through 11........ 2,095,527 909,679  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,250 0 0 1,250
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
155,058 93,035   62,023
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,989     0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,423 4,095   2,328
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 176,720 97,130 0 65,601
25 Contributions, gifts, grants paid....... 709,510 709,510
26 Total expenses and disbursements. Add lines 24 and 25 ................ 886,230 97,130 0 775,111
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,209,297
b Net investment income (if negative, enter -0-) 812,549
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............. 962,077 3,613 3,613
2 Savings and temporary cash investments......... 311,180 635,388 635,388
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).......   Click to see attachment
List of Attached Documents:
// Content
16,452,873 		18,092,405
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 14,608,767   0
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,882,024 17,091,874 18,731,406
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........ 15,882,024 17,091,874
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)..... 15,882,024 17,091,874
30 Total liabilities and net assets/fund balances (see instructions). 15,882,024 17,091,874
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
15,882,024
2
Enter amount from Part I, line 27a .....................
2
1,209,297
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
553
4
Add lines 1, 2, and 3 ..........................
4
17,091,874
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
17,091,874
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 1158. ISHARES GOLD TR SHS   2022-02-15 2025-01-07
b 341. SECTOR SPDR CONSMRS STPL   2021-08-11 2025-01-07
c 1536. SECTOR SPDR CONSMRS STPL   2021-08-04 2025-01-07
d 395. SECTOR SPDR CONSMRS STPL   2021-08-18 2025-01-07
e 1283. SECTOR SPDR CONSMRS STPL   2021-07-21 2025-01-07
970. SECTOR SPDR CONSMRS STPL   2021-07-28 2025-01-07
1565. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-09-22 2025-01-07
1505. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-09-15 2025-01-07
627. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-09-08 2025-01-07
366. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-09-01 2025-01-07
461. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-09-29 2025-01-07
2138. ISHARES GOLD TR SHS   2022-02-15 2025-01-31
6420. ISHARES GOLD TR SHS   2022-02-15 2025-01-31
1140. ISHARES GOLD TR SHS   2022-02-15 2025-01-31
764. ISHARES GOLD TR SHS   2022-02-15 2025-01-31
652. ISHARES GOLD TR SHS   2022-02-15 2025-01-31
1900. ISHARES GOLD TR SHS   2024-06-11 2025-01-31
657. ISHARES GOLD TR SHS   2022-02-15 2025-01-31
1099. ISHARES GOLD TR SHS   2022-02-15 2025-01-31
954. ISHARES GOLD TR SHS   2022-02-15 2025-01-31
1967. ISHARES GOLD TR SHS   2022-02-15 2025-01-31
2559. ISHARES GOLD TR SHS   2022-02-15 2025-01-31
128. ISHARES GOLD TR SHS   2024-02-06 2025-01-31
2038. ISHARES GOLD TR SHS   2023-12-20 2025-01-31
1879. ISHARES GOLD TR SHS   2023-08-08 2025-01-31
1269. ISHARES GOLD TR SHS   2022-12-21 2025-01-31
3228. ISHARES GOLD TR SHS   2022-11-09 2025-01-31
1140. ISHARES GOLD TR SHS   2022-02-15 2025-02-25
2138. ISHARES GOLD TR SHS   2022-02-15 2025-02-28
652. ISHARES GOLD TR SHS   2022-02-15 2025-02-28
128. ISHARES GOLD TR SHS   2024-02-06 2025-02-28
2038. ISHARES GOLD TR SHS   2023-12-20 2025-02-28
954. ISHARES GOLD TR SHS   2022-02-15 2025-02-28
1879. ISHARES GOLD TR SHS   2023-08-08 2025-02-28
657. ISHARES GOLD TR SHS   2022-02-15 2025-02-28
1269. ISHARES GOLD TR SHS   2022-12-21 2025-02-28
1967. ISHARES GOLD TR SHS   2022-02-15 2025-02-28
1900. ISHARES GOLD TR SHS   2024-06-11 2025-02-28
3228. ISHARES GOLD TR SHS   2022-11-09 2025-02-28
764. ISHARES GOLD TR SHS   2022-02-15 2025-02-28
6420. ISHARES GOLD TR SHS   2022-02-15 2025-02-28
1099. ISHARES GOLD TR SHS   2022-02-15 2025-02-28
2559. ISHARES GOLD TR SHS   2022-02-15 2025-02-28
6420. ISHARES GOLD TR SHS   2022-02-15 2025-03-31
2138. ISHARES GOLD TR SHS   2022-02-15 2025-03-31
657. ISHARES GOLD TR SHS   2022-02-15 2025-03-31
3228. ISHARES GOLD TR SHS   2022-11-09 2025-03-31
1269. ISHARES GOLD TR SHS   2022-12-21 2025-03-31
652. ISHARES GOLD TR SHS   2022-02-15 2025-03-31
1879. ISHARES GOLD TR SHS   2023-08-08 2025-03-31
2038. ISHARES GOLD TR SHS   2023-12-20 2025-03-31
128. ISHARES GOLD TR SHS   2024-02-06 2025-03-31
2559. ISHARES GOLD TR SHS   2022-02-15 2025-03-31
1967. ISHARES GOLD TR SHS   2022-02-15 2025-03-31
1099. ISHARES GOLD TR SHS   2022-02-15 2025-03-31
954. ISHARES GOLD TR SHS   2022-02-15 2025-03-31
1900. ISHARES GOLD TR SHS   2024-06-11 2025-03-31
764. ISHARES GOLD TR SHS   2022-02-15 2025-03-31
1967. ISHARES GOLD TR SHS   2022-02-15 2025-04-03
722. SECTOR SPDR CONSMRS STPL   2021-09-08 2025-04-03
880. SECTOR SPDR CONSMRS STPL   2021-09-01 2025-04-03
293. SECTOR SPDR CONSMRS STPL   2021-09-15 2025-04-03
524. SECTOR SPDR CONSMRS STPL   2021-08-18 2025-04-03
1365. SECTOR SPDR CONSMRS STPL   2021-08-25 2025-04-03
1502. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-10-13 2025-04-03
995. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-10-07 2025-04-03
657. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-09-29 2025-04-03
6420. ISHARES GOLD TR SHS   2022-02-15 2025-04-30
954. ISHARES GOLD TR SHS   2022-02-15 2025-04-30
2138. ISHARES GOLD TR SHS   2022-02-15 2025-04-30
1099. ISHARES GOLD TR SHS   2022-02-15 2025-04-30
2559. ISHARES GOLD TR SHS   2022-02-15 2025-04-30
657. ISHARES GOLD TR SHS   2022-02-15 2025-04-30
128. ISHARES GOLD TR SHS   2024-02-06 2025-04-30
2038. ISHARES GOLD TR SHS   2023-12-20 2025-04-30
3228. ISHARES GOLD TR SHS   2022-11-09 2025-04-30
1879. ISHARES GOLD TR SHS   2023-08-08 2025-04-30
1269. ISHARES GOLD TR SHS   2022-12-21 2025-04-30
652. ISHARES GOLD TR SHS   2022-02-15 2025-04-30
764. ISHARES GOLD TR SHS   2022-02-15 2025-04-30
1900. ISHARES GOLD TR SHS   2024-06-11 2025-04-30
652. ISHARES GOLD TR SHS   2022-02-15 2025-05-16
1269. ISHARES GOLD TR SHS   2022-12-21 2025-05-31
2038. ISHARES GOLD TR SHS   2023-12-20 2025-05-31
3228. ISHARES GOLD TR SHS   2022-11-09 2025-05-31
128. ISHARES GOLD TR SHS   2024-02-06 2025-05-31
657. ISHARES GOLD TR SHS   2022-02-15 2025-05-31
2138. ISHARES GOLD TR SHS   2022-02-15 2025-05-31
1879. ISHARES GOLD TR SHS   2023-08-08 2025-05-31
954. ISHARES GOLD TR SHS   2022-02-15 2025-05-31
2559. ISHARES GOLD TR SHS   2022-02-15 2025-05-31
1099. ISHARES GOLD TR SHS   2022-02-15 2025-05-31
1900. ISHARES GOLD TR SHS   2024-06-11 2025-05-31
764. ISHARES GOLD TR SHS   2022-02-15 2025-05-31
6420. ISHARES GOLD TR SHS   2022-02-15 2025-05-31
657. ISHARES GOLD TR SHS   2022-02-15 2025-06-30
3228. ISHARES GOLD TR SHS   2022-11-09 2025-06-30
1269. ISHARES GOLD TR SHS   2022-12-21 2025-06-30
1879. ISHARES GOLD TR SHS   2023-08-08 2025-06-30
2038. ISHARES GOLD TR SHS   2023-12-20 2025-06-30
128. ISHARES GOLD TR SHS   2024-02-06 2025-06-30
2559. ISHARES GOLD TR SHS   2022-02-15 2025-06-30
764. ISHARES GOLD TR SHS   2022-02-15 2025-06-30
954. ISHARES GOLD TR SHS   2022-02-15 2025-06-30
1099. ISHARES GOLD TR SHS   2022-02-15 2025-06-30
1900. ISHARES GOLD TR SHS   2024-06-11 2025-06-30
2138. ISHARES GOLD TR SHS   2022-02-15 2025-06-30
6420. ISHARES GOLD TR SHS   2022-02-15 2025-06-30
764. ISHARES GOLD TR SHS   2022-02-15 2025-07-09
264. HEALTH CARE SELECT SPDR   2021-08-18 2025-07-09
481. HEALTH CARE SELECT SPDR   2021-08-11 2025-07-09
634. HEALTH CARE SELECT SPDR   2021-08-25 2025-07-09
77. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2022-01-12 2025-07-09
2030. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2022-03-23 2025-07-09
252. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-12-23 2025-07-09
1981. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-12-14 2025-07-09
46. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-10-13 2025-07-09
330. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2021-10-20 2025-07-09
4691. ISHARES 10-20 YEAR TREASURY BOND ETF   2022-04-20 2025-07-16
4151. VANGUARD LONG-TERM TREASURY ETF   2022-04-20 2025-07-16
3228. ISHARES GOLD TR SHS   2022-11-09 2025-07-31
657. ISHARES GOLD TR SHS   2022-02-15 2025-07-31
6420. ISHARES GOLD TR SHS   2022-02-15 2025-07-31
2138. ISHARES GOLD TR SHS   2022-02-15 2025-07-31
1900. ISHARES GOLD TR SHS   2024-06-11 2025-07-31
1099. ISHARES GOLD TR SHS   2022-02-15 2025-07-31
954. ISHARES GOLD TR SHS   2022-02-15 2025-07-31
2559. ISHARES GOLD TR SHS   2022-02-15 2025-07-31
128. ISHARES GOLD TR SHS   2024-02-06 2025-07-31
2038. ISHARES GOLD TR SHS   2023-12-20 2025-07-31
1879. ISHARES GOLD TR SHS   2023-08-08 2025-07-31
1269. ISHARES GOLD TR SHS   2022-12-21 2025-07-31
4768. ISHARES 10-20 YEAR TREASURY BOND ETF   2022-04-20 2025-08-18
58. HEALTH CARE SELECT SPDR   2021-08-25 2025-08-18
601. HEALTH CARE SELECT SPDR   2021-09-01 2025-08-18
304. HEALTH CARE SELECT SPDR   2021-09-08 2025-08-18
622. HEALTH CARE SELECT SPDR   2021-09-15 2025-08-18
614. SECTOR SPDR CONSMRS STPL   2021-09-29 2025-08-18
1041. SECTOR SPDR CONSMRS STPL   2021-09-22 2025-08-18
858. SECTOR SPDR CONSMRS STPL   2021-09-15 2025-08-18
3239. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2022-03-23 2025-08-18
2637. VANGUARD LONG-TERM TREASURY ETF   2022-04-20 2025-08-18
1029. VANGUARD LONG-TERM TREASURY ETF   2022-12-21 2025-08-18
501. VANGUARD LONG-TERM TREASURY ETF   2023-05-15 2025-08-18
3228. ISHARES GOLD TR SHS   2022-11-09 2025-08-31
128. ISHARES GOLD TR SHS   2024-02-06 2025-08-31
2559. ISHARES GOLD TR SHS   2022-02-15 2025-08-31
1900. ISHARES GOLD TR SHS   2024-06-11 2025-08-31
2138. ISHARES GOLD TR SHS   2022-02-15 2025-08-31
1099. ISHARES GOLD TR SHS   2022-02-15 2025-08-31
657. ISHARES GOLD TR SHS   2022-02-15 2025-08-31
260. ISHARES GOLD TR SHS   2025-08-21 2025-08-31
2038. ISHARES GOLD TR SHS   2023-12-20 2025-08-31
954. ISHARES GOLD TR SHS   2022-02-15 2025-08-31
1879. ISHARES GOLD TR SHS   2023-08-08 2025-08-31
1269. ISHARES GOLD TR SHS   2022-12-21 2025-08-31
6420. ISHARES GOLD TR SHS   2022-02-15 2025-08-31
3194. ISHARES 10-20 YEAR TREASURY BOND ETF   2023-05-15 2025-09-17
269. ISHARES 10-20 YEAR TREASURY BOND ETF   2022-12-21 2025-09-17
6. ISHARES 10-20 YEAR TREASURY BOND ETF   2022-04-20 2025-09-17
1282. ISHARES 10-20 YEAR TREASURY BOND ETF   2022-04-20 2025-09-17
596. HEALTH CARE SELECT SPDR   2021-10-07 2025-09-17
602. HEALTH CARE SELECT SPDR   2021-09-29 2025-09-17
484. HEALTH CARE SELECT SPDR   2021-09-22 2025-09-17
102. HEALTH CARE SELECT SPDR   2021-09-15 2025-09-17
1259. SECTOR SPDR CONSMRS STPL   2021-10-13 2025-09-17
1093. SECTOR SPDR CONSMRS STPL   2021-10-07 2025-09-17
132. SECTOR SPDR CONSMRS STPL   2021-09-29 2025-09-17
9. SECTOR SPDR CONSMRS STPL   2021-10-20 2025-09-17
262. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2022-03-23 2025-09-17
2162. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2022-11-09 2025-09-17
49. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2022-10-07 2025-09-17
4204. VANGUARD LONG-TERM TREASURY ETF   2023-05-15 2025-09-17
43. VANGUARD LONG-TERM TREASURY ETF   2023-05-15 2025-09-17
2559. ISHARES GOLD TR SHS   2022-02-15 2025-09-22
3228. ISHARES GOLD TR SHS   2022-11-09 2025-09-30
1269. ISHARES GOLD TR SHS   2022-12-21 2025-09-30
1879. ISHARES GOLD TR SHS   2023-08-08 2025-09-30
2038. ISHARES GOLD TR SHS   2023-12-20 2025-09-30
128. ISHARES GOLD TR SHS   2024-02-06 2025-09-30
1900. ISHARES GOLD TR SHS   2024-06-11 2025-09-30
2138. ISHARES GOLD TR SHS   2022-02-15 2025-09-30
954. ISHARES GOLD TR SHS   2022-02-15 2025-09-30
1099. ISHARES GOLD TR SHS   2022-02-15 2025-09-30
260. ISHARES GOLD TR SHS   2025-08-21 2025-09-30
6420. ISHARES GOLD TR SHS   2022-02-15 2025-09-30
657. ISHARES GOLD TR SHS   2022-02-15 2025-09-30
954. ISHARES GOLD TR SHS   2022-02-15 2025-10-02
173. HEALTH CARE SELECT SPDR   2021-10-07 2025-10-02
952. HEALTH CARE SELECT SPDR   2021-10-13 2025-10-02
79. HEALTH CARE SELECT SPDR   2021-10-20 2025-10-02
33. HEALTH CARE SELECT SPDR   2022-03-23 2025-10-02
1074. HEALTH CARE SELECT SPDR   2021-12-14 2025-10-02
922. SECTOR SPDR CONSMRS STPL   2021-10-20 2025-10-02
1372. SECTOR SPDR CONSMRS STPL   2021-12-14 2025-10-02
202. SECTOR SPDR CONSMRS STPL   2021-12-23 2025-10-02
308. SECTOR SPDR CONSMRS STPL   2022-03-23 2025-10-02
1237. CONSUMER DISCRETIONARY SPDR   2024-07-10 2025-10-02
7403. SELECT SECTOR SPDR TR UTILITIES SHS BEN INT   2022-11-09 2025-10-02
11529. EQUITY MANAGED FLOOR ETF SHS   2025-08-18 2025-10-30
1099. ISHARES GOLD TR SHS   2022-02-15 2025-10-30
558. ISHARES 7-10 YEAR TREASURY BOND ETF   2025-07-16 2025-10-30
680. ISHARES 1-3 YEAR TREASURY BOND ETF   2025-07-16 2025-10-30
6. ISHARES 10-20 YEAR TREASURY BOND ETF   2025-09-22 2025-10-30
540. ISHARES 10-20 YEAR TREASURY BOND ETF   2023-05-15 2025-10-30
457. ISHARES 3-7 YR TREASURY BOND ETF   2025-07-16 2025-10-30
628. STATE STREET SPDR BBG 1-3 MNTH T-BILL ETF   2024-01-22 2025-10-30
1029. VANGUARD LONG-TERM TREASURY ETF   2023-05-15 2025-10-30
128. ISHARES GOLD TR SHS   2024-02-06 2025-10-31
2038. ISHARES GOLD TR SHS   2023-12-20 2025-10-31
1269. ISHARES GOLD TR SHS   2022-12-21 2025-10-31
657. ISHARES GOLD TR SHS   2022-02-15 2025-10-31
2138. ISHARES GOLD TR SHS   2022-02-15 2025-10-31
1900. ISHARES GOLD TR SHS   2024-06-11 2025-10-31
260. ISHARES GOLD TR SHS   2025-08-21 2025-10-31
3228. ISHARES GOLD TR SHS   2022-11-09 2025-10-31
6420. ISHARES GOLD TR SHS   2022-02-15 2025-10-31
1879. ISHARES GOLD TR SHS   2023-08-08 2025-10-31
128. ISHARES GOLD TR SHS   2024-02-06 2025-11-30
1900. ISHARES GOLD TR SHS   2024-06-11 2025-11-30
657. ISHARES GOLD TR SHS   2022-02-15 2025-11-30
1879. ISHARES GOLD TR SHS   2023-08-08 2025-11-30
1269. ISHARES GOLD TR SHS   2022-12-21 2025-11-30
3228. ISHARES GOLD TR SHS   2022-11-09 2025-11-30
6420. ISHARES GOLD TR SHS   2022-02-15 2025-11-30
2038. ISHARES GOLD TR SHS   2023-12-20 2025-11-30
260. ISHARES GOLD TR SHS   2025-08-21 2025-11-30
2138. ISHARES GOLD TR SHS   2022-02-15 2025-11-30
. ISHARES GOLD TR SHS   2025-08-22 2025-12-31
128. ISHARES GOLD TR SHS   2024-02-06 2025-12-31
1879. ISHARES GOLD TR SHS   2023-08-08 2025-12-31
260. ISHARES GOLD TR SHS   2025-08-21 2025-12-31
3228. ISHARES GOLD TR SHS   2022-11-09 2025-12-31
2138. ISHARES GOLD TR SHS   2022-02-15 2025-12-31
6420. ISHARES GOLD TR SHS   2022-02-15 2025-12-31
1269. ISHARES GOLD TR SHS   2022-12-21 2025-12-31
2038. ISHARES GOLD TR SHS   2023-12-20 2025-12-31
1900. ISHARES GOLD TR SHS   2024-06-11 2025-12-31
657. ISHARES GOLD TR SHS   2022-02-15 2025-12-31
(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 57,865   40,620 17,245
b 26,331   24,561 1,770
c 118,607   108,636 9,971
d 30,501   28,535 1,966
e 99,071   90,880 8,191
74,902   68,919 5,983
118,952   102,976 15,976
114,392   102,596 11,796
47,657   43,814 3,843
27,819   25,477 2,342
35,040   29,733 5,307
23   15 8
70   46 24
12   8 4
8   5 3
7   5 2
21   17 4
7   5 2
12   8 4
10   7 3
21   14 7
28   18 10
1   1  
22   16 6
20   14 6
14   9 5
35   21 14
62,647   39,981 22,666
22   14 8
7   4 3
1   1  
21   14 7
10   6 4
19   13 6
7   4 3
13   8 5
20   13 7
19   15 4
32   19 13
8   5 3
65   42 23
11   7 4
26   17 9
76   45 31
25   15 10
8   5 3
38   21 17
15   9 6
8   5 3
22   14 8
24   16 8
2   1 1
30   18 12
23   14 9
13   8 5
11   7 4
22   17 5
9   5 4
115,268   68,958 46,310
59,578   52,432 7,146
72,616   63,914 8,702
24,178   21,023 3,155
43,240   37,854 5,386
112,637   98,171 14,466
119,045   97,420 21,625
78,862   65,299 13,563
52,072   42,375 9,697
79   46 33
12   7 5
26   15 11
13   8 5
31   18 13
8   5 3
2   1 1
25   16 9
40   21 19
23   14 9
16   9 7
8   5 3
9   5 4
23   17 6
39,273   22,853 16,420
17   9 8
27   16 11
43   22 21
2   1 1
9   5 4
28   16 12
25   14 11
13   7 6
34   19 15
15   8 7
25   17 8
10   6 4
85   47 38
8   5 3
41   21 20
16   9 7
24   14 10
26   16 10
2   1 1
33   18 15
10   5 5
12   7 5
14   8 6
24   17 7
27   15 12
82   46 36
47,730   26,768 20,962
35,695   35,771 -76
65,036   63,492 1,544
85,723   85,882 -159
6,302   5,353 949
166,156   144,717 21,439
20,626   17,592 3,034
162,145   138,204 23,941
3,765   2,984 781
27,011   22,112 4,899
462,486   585,624 -123,138
225,067   305,057 -79,990
43   22 21
9   5 4
85   47 38
28   16 12
25   17 8
15   8 7
13   7 6
34   19 15
2   1 1
27   16 11
25   14 11
17   9 8
476,849   595,237 -118,388
7,925   7,857 68
82,121   81,231 890
41,539   41,347 192
84,990   82,912 2,078
50,417   43,083 7,334
85,478   73,391 12,087
70,452   61,562 8,890
276,650   230,906 45,744
145,035   193,793 -48,758
56,595   65,882 -9,287
27,555   32,034 -4,479
43   21 22
2   1 1
34   18 16
25   17 8
29   15 14
15   8 7
9   5 4
3   3  
27   16 11
13   7 6
25   14 11
17   9 8
86   46 40
332,336   358,814 -26,478
27,989   29,948 -1,959
624   749 -125
133,392   160,045 -26,653
82,033   76,442 5,591
82,859   77,604 5,255
66,618   63,806 2,812
14,039   13,597 442
101,425   88,281 13,144
88,052   77,148 10,904
10,634   9,262 1,372
725   639 86
22,165   18,678 3,487
182,905   143,318 39,587
4,145   3,146 999
241,814   268,804 -26,990
2,473   2,749 -276
180,704   89,620 91,084
44   20 24
17   8 9
26   13 13
28   15 13
2   1 1
26   16 10
29   14 15
13   6 7
15   7 8
4   3 1
88   42 46
9   4 5
69,006   33,404 35,602
24,724   22,189 2,535
136,053   119,466 16,587
11,290   10,315 975
4,716   4,436 280
153,488   145,226 8,262
71,787   65,425 6,362
106,824   103,161 3,663
15,728   15,219 509
23,981   22,835 1,146
296,843   236,811 60,032
649,248   490,740 158,508
422,681   403,054 19,627
83,321   38,481 44,840
54,028   52,536 1,492
56,396   56,093 303
624   740 -116
56,166   60,664 -4,498
54,678   53,908 770
57,616   57,574 42
59,219   65,794 -6,575
2   1 1
33   17 16
21   9 12
11   5 6
35   16 19
31   18 13
4   4  
52   22 30
104   48 56
31   15 16
2   1 1
30   16 14
10   5 5
30   13 17
20   9 11
51   21 30
101   44 57
32   15 17
4   3 1
34   15 19
327   3 324
2   1 1
32   14 18
4   3 1
55   22 33
37   16 21
110   47 63
22   9 13
35   16 19
33   17 16
11   5 6
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       17,245
b       1,770
c       9,971
d       1,966
e       8,191
      5,983
      15,976
      11,796
      3,843
      2,342
      5,307
      8
      24
      4
      3
      2
      4
      2
      4
      3
      7
      10
       
      6
      6
      5
      14
      22,666
      8
      3
       
      7
      4
      6
      3
      5
      7
      4
      13
      3
      23
      4
      9
      31
      10
      3
      17
      6
      3
      8
      8
      1
      12
      9
      5
      4
      5
      4
      46,310
      7,146
      8,702
      3,155
      5,386
      14,466
      21,625
      13,563
      9,697
      33
      5
      11
      5
      13
      3
      1
      9
      19
      9
      7
      3
      4
      6
      16,420
      8
      11
      21
      1
      4
      12
      11
      6
      15
      7
      8
      4
      38
      3
      20
      7
      10
      10
      1
      15
      5
      5
      6
      7
      12
      36
      20,962
      -76
      1,544
      -159
      949
      21,439
      3,034
      23,941
      781
      4,899
      -123,138
      -79,990
      21
      4
      38
      12
      8
      7
      6
      15
      1
      11
      11
      8
      -118,388
      68
      890
      192
      2,078
      7,334
      12,087
      8,890
      45,744
      -48,758
      -9,287
      -4,479
      22
      1
      16
      8
      14
      7
      4
       
      11
      6
      11
      8
      40
      -26,478
      -1,959
      -125
      -26,653
      5,591
      5,255
      2,812
      442
      13,144
      10,904
      1,372
      86
      3,487
      39,587
      999
      -26,990
      -276
      91,084
      24
      9
      13
      13
      1
      10
      15
      7
      8
      1
      46
      5
      35,602
      2,535
      16,587
      975
      280
      8,262
      6,362
      3,663
      509
      1,146
      60,032
      158,508
      19,627
      44,840
      1,492
      303
      -116
      -4,498
      770
      42
      -6,575
      1
      16
      12
      6
      19
      13
       
      30
      56
      16
      1
      14
      5
      17
      11
      30
      57
      17
      1
      19
      324
      1
      18
      1
      33
      21
      63
      13
      19
      16
      6
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 2 469,148
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 11,294
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 11,294
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 11,294
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 9,212
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 9,212
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 2,082
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax0 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
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website address  
14
The books are in care ofBANK OF AMERICA NA Telephone no. (888) 866-3275

Located atPO BOX 1532 AFTPENNINGTONNJ ZIP+408534
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
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
SUSAN LUNDQUIST DIRECTOR
1 		0    
368 EAGLE NEST LANE
ROCHESTER,MN55902
CHRIS ASTRUP DIRECTOR
1 		0    
368 EAGLE NEST LANE
ROCHESTER,MN55902
ANN ASTRUP DIRECTOR
1 		0    
368 EAGLE NEST LANE
ROCHESTER,MN55902
DAN ASTRUP DIRECTOR
1 		0    
368 EAGLE NEST LANE
ROCHESTER,MN55902
CORRINE ASTRUP DIRECTOR
1 		0    
368 EAGLE NEST LANE
ROCHESTER,MN55902
ANDREA BECKER DIRECTOR
1 		0    
368 EAGLE NEST LANE
ROCHESTER,MN55902
ANNA LUNDQUIST DIRECTOR
1 		0    
368 EAGLE NEST LANE
ROCHESTER,MN55902
ROBERT ASTRUP DIRECTOR
1 		0    
368 EAGLE NEST LANE
ROCHESTER,MN55902
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
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
16,974,567
b
Average of monthly cash balances.......................
1b
370,238
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
17,344,805
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
17,344,805
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
260,172
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,084,633
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
854,232
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
854,232
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
11,294
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,294
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
842,938
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
842,938
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
842,938
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
775,111
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
775,111
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 7 842,938
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 733,008
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: $ 775,111
a Applied to 2024, but not more than line 2a 733,008
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..... 42,103
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 .......... 		800,835
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).)
CORRINE ASTRUP
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 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 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 (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

NATIONAL DOWN SYNDROME SOCIETY - NDSS

8 EAST 41ST STREET
NEW YORK,NY10017 		N/A   UNRESTRICTED GENERAL 2,000

ALZHEIMER'S DISEASE & RELATED DISORDERS

225 N MICHIGAN AVENUE
CHICAGO,IL60601 		N/A   UNRESTRICTED GENERAL 63,958

SCALPEL AT THE CROSS INC

146 W PLEASANT LAKE ROAD
SAINT PAUL,MN551272631 		N/A   UNRESTRICTED GENERAL 12,000

HEALTHFINDERS COLLABORATIVE INC

PO BOX 731
NORTHFIELD,MN55057 		N/A   UNRESTRICTED GENERAL 10,000

TEE IT UP FOR THE TROOPS INC

515 W TRAVELERS TRL
BURNSVILLE,MN553372548 		N/A   UNRESTRICTED GENERAL 2,500

HEALTHY COMMUNITY INITIATIVE (HCI)

1651 JEFFERSON PKWAY
NORTHFIELD,MN55057 		N/A   UNRESTRICTED GENERAL 5,000

LAKE CITY ROTARY CLUB

101 S WASHINGTON STREET
LAKE CITY,MN550411060 		N/A   UNRESTRICTED GENERAL 1,000

LE SUEUR FOOD SHELF INC

890 KINGSWAY DRIVE
LE SUEUR,MN560581300 		N/A   UNRESTRICTED GENERAL 2,500

NAMI SOUTHEAST MINNESOTA

1700 BROADWAY AVENUE N
ROCHESTER,MN559064144 		N/A   UNRESTRICTED GENERAL 5,000

WORTHINGTON CHRISTIAN SCHOOL

1770 ELEANOR STREET
WORTHINGTON,MN561871888 		N/A   UNRESTRICTED GENERAL 5,000

AUGSBURG UNIVERSITY

2211 RIVERSIDE AVENUE
MINNEAPOLIS,MN55454 		N/A   UNRESTRICTED GENERAL 20,000

CREST SERVICES

14850 SCENIC HEIGHTS ROAD
EDEN PRAIRIE,MN553442205 		N/A   UNRESTRICTED GENERAL 1,000

NORMANDALE LUTHERAN CHURCH OF EDINA

6100 NORMANDALE ROAD
EDINA,MN554362633 		N/A   UNRESTRICTED GENERAL 5,000

EPILEPSY FOUNDATION OF MINNESOTA INC

7760 FRANCE AVENUE S
BLOOMINGTON,MN554355885 		N/A   UNRESTRICTED GENERAL 20,000

SPECIAL OLYMPICS MINNESOTA

900 SECOND AVENUE S
MINNEAPOLIS,MN55402 		N/A   UNRESTRICTED GENERAL 3,438

LAURA BAKER SCHOOL ASSOCIATION

211 OAK STREET
NORTHFIELD,MN55057 		N/A   UNRESTRICTED GENERAL 15,000

RONALD MCDONALD HOUSE UPPER MIDWEST

818 FULTON STREET SE
MINNEAPOLIS,MN55414 		N/A   UNRESTRICTED GENERAL 50,000

SIX MILE GROVE LUTHERAN CHURCH

58251 105TH STREET
LYLE,MN559530000 		N/A   UNRESTRICTED GENERAL 5,760

NEXUS FAMILY HEALING

505 US 169 N
PLYMOUTH,MN554410000 		N/A   UNRESTRICTED GENERAL 10,000

ST DAVID'S CENTER CHILD & FAMILY DEVT

3395 PLYMOUTH ROAD
MINNETONKA,MN55305 		N/A   UNRESTRICTED GENERAL 18,200

WE CAN RIDE

PO BOX 463
MAPLE PLAIN,MN553590463 		N/A   UNRESTRICTED GENERAL 3,438

BENEDICTINE FOUNDATION

6499 UNIVERSITY AVENUE
MINNEAPOLIS,MN554324303 		N/A   UNRESTRICTED GENERAL 15,000

SOURCE MN INC

2609 STEVENS AVENUE
MINNEAPOLIS,MN554081635 		N/A   UNRESTRICTED GENERAL 25,000

LE SUEUR BASEBALL ASSOCIATION INC

27393 328TH STREET
LE SUEUR,MN560584535 		N/A   UNRESTRICTED GENERAL 15,000

JEREMIAH PROGRAM

PO BOX 860819
MINNEAPOLIS,MN554860819 		N/A   UNRESTRICTED GENERAL 2,500

COOKIE CART

119 W BROADWAY AVENUE
MINNEAPOLIS,MN55411 		N/A   UNRESTRICTED GENERAL 5,000

PARK RIVER ESTATES RESIDENT COUNCIL FDN

9899 AVOCET STREET NW
COON RAPIDS,MN554336413 		N/A   UNRESTRICTED GENERAL 5,000

RACHEL'S HOPE -SOUTHERN MN WOMEN'S CTR

PO BOX 333
AUSTIN,MN559120333 		N/A   UNRESTRICTED GENERAL 5,000

KARL POTACH FOUNDATION

2217 17TH STREET SE
AUSTIN,MN55912 		N/A   UNRESTRICTED GENERAL 5,000

FAMILY PROMISE ROCHESTER

913 1ST STREET NW
ROCHESTER,MN559016265 		N/A   UNRESTRICTED GENERAL 10,000

OWATONNA FOUNDATION INC

108 PARK SQUARE
OWATONNA,MN550602972 		N/A   UNRESTRICTED GENERAL 5,000

SOUTHWESTERN MINNESOTA OPPORTUNITY CNCL

PO BOX 787
WORTHINGTON,MN561870787 		N/A   UNRESTRICTED GENERAL 5,000

WIN VALLEY COUNCIL BOY SCOUTS OF AMERICA

810 MADISON AVENUE
MANKATO,MN560016796 		N/A   UNRESTRICTED GENERAL 1,200

BRIDGING THE GAP- ASSEMBLIES OF GOD

1445 N BOONVILLE AVENUE
SPRINGFIELD,MO658021894 		N/A   UNRESTRICTED GENERAL 3,790

DANO FUND

12717 DIAMOND DRIVE
BURNSVILLE,MN553373483 		N/A   UNRESTRICTED GENERAL 10,000

KINDLY COMMUNITY FUND

2136 FORD PKWY
SAINT PAUL,MN55116 		N/A   UNRESTRICTED GENERAL 20,000

EXERCISABILITIES INC

2530 BROADWAY AVENUE N
ROCHESTER,MN559063968 		N/A   UNRESTRICTED GENERAL 5,000

FARM IN THE DELL OF THE RED RIVER VALLEY

PO BOX 975
MOORHEAD,MN56561 		N/A   UNRESTRICTED GENERAL 25,000

OUR LADY OF GUADALUPE FREE CLINIC

PO BOX 731
WORTHINGTON,MN561870731 		N/A   UNRESTRICTED GENERAL 25,000

BEST CHRISTMAS EVER INC

PO BOX439
CLOQUET,MN55720 		N/A   UNRESTRICTED GENERAL 85,000

AUSTIN ASPIRES INC

318 N MAIN STREET
AUSTIN,MN559123406 		N/A   UNRESTRICTED GENERAL 5,000

AUSTIN COMMUNITY GROWTH VENTURES

329 N MAIN STREET
AUSTIN,MN55912 		N/A   UNRESTRICTED GENERAL 5,000

PAY IT FORWARD INC

64456 230TH STREET
AUSTIN,MN559267223 		N/A   UNRESTRICTED GENERAL 25,000

AMERICAN RED CROSS SE MN CHAPTER

305 ALLIANCE PLACE NE
ROCHESTER,MN55906 		N/A   UNRESTRICTED GENERAL 17,350

ELPIS ENTERPRISES

2161 UNIVERSITY AVENUE W
SAINT PAUL,MN551141319 		N/A   UNRESTRICTED GENERAL 5,000

ST JUDE CHILDREN'S RESEARCH HOSPITAL

262 DANNY THOMAS PL
MEMPHIS,TN381053678 		N/A   UNRESTRICTED GENERAL 10,000

YMCA (YOUNG MEN'S CHRISTIAN ASSOCIATION)

55 N INTERSTATE 35
AUSTIN,TX787025209 		N/A   UNRESTRICTED GENERAL 5,000

FIREFIGHTERS FOR HEALING

650 PORTLAND AVENUE
MINNEAPOLIS,MN554154404 		N/A   UNRESTRICTED GENERAL 10,000

EVERY MEAL

2723 PATTON ROAD
ROSEVILLE,MN55113 		N/A   UNRESTRICTED GENERAL 5,000

B THE LIGHT

15 S MINNESOTA STREET
NEW ULM,MN560733056 		N/A   UNRESTRICTED GENERAL 5,000

REEL HOPE PROJECT

718 N WASHINGTON AVENUE
MINNEAPOLIS,MN55401 		N/A   UNRESTRICTED GENERAL 3,438

BLOOMING PRAIRIE YOUTH CLUB

PO BOX 4
BLOOMING PRAIRIE,MN559170004 		N/A   UNRESTRICTED GENERAL 2,500

BLOSSOMING COMMUNITY FOUNDATION

PO BOX 218
BLOSSOMING PRAIRIE,MN559170218 		N/A   UNRESTRICTED GENERAL 5,000

CHILDREN'S CANCER COMMUNITY

905 9TH STREET SE
ROCHESTER,MN559047322 		N/A   UNRESTRICTED GENERAL 10,000

AIDAN'S LIGHT

1003 12TH AVENUE NW
KASSON,MN559449459 		N/A   UNRESTRICTED GENERAL 3,438

RONNIE'S FIGHT FOR CDH

25864 23RD STREET W
ZIMMERMAN,MN553987719 		N/A   UNRESTRICTED GENERAL 500

THE READ SEED INC

403 22ND STREET NW
AUSTIN,MN559121137 		N/A   UNRESTRICTED GENERAL 5,000

AMAPA

2603 8TH AVENUE SW
AUSTIN,MN559121257 		N/A   UNRESTRICTED GENERAL 14,000

SEMESTER AT SEA - SHIPBOARD EDUCATION

PO BOX 400885
CHARLOTTESVILLE,VA22904 		N/A   SCHOLARSHIPS 40,000
Total ................................. 3a 709,510
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 ....     14 440,531  
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 ............ 		    18 469,148  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   909,679  
13Total. Add line 12, columns (b), (d), and (e)..................
13
909,679
(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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

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

47-2413421
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
ASTRUP FAMILY FOUNDATION
  		Employer identification number
47-2413421
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
SMART-FILL MANAGEMENT GROUP
905 N MAIN ST
 
AUSTIN, MN55912

$ 1,178,973


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

$  


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

$  


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

$  


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

$  


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

$  


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

47-2413421
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
ASTRUP FAMILY FOUNDATION
  		Employer identification number

47-2413421
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 AccountingFeesSchedule
Name:
ASTRUP FAMILY FOUNDATION
EIN:
47-2413421
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE 1,250     1,250

TY 2025 InvestmentsCorpStockSchedule
Name:
ASTRUP FAMILY FOUNDATION
EIN:
47-2413421
Name of Stock End of Year Book Value End of Year Fair Market Value
92343V104 VERIZON COMMUNICATIO    
00206R102 AT& T INC    
609207105 MONDELEZ INTERNATION    
G25839104 COCA-COLA EUROPEAN    
031162100 AMGEN INC    
717081103 PFIZER INC COM    
191216100 COCA-COLA CO/THE    
26441C204 DUKE ENERGY CORP NEW    
370334104 GENERAL MILLS INC    
501044101 KROGER COMPANY COMMO    
742718109 PROCTER & GAMBLE CO    
025537101 AMERICAN ELECTRIC PO    
25746U109 DOMINION RES INC VA    
713448108 PEPSICO INC    
816851109 SEMPRA ENERGY    
81369Y886 ST STRT UTILITIES SL 1,449,099 1,695,903
81369Y803 ST STRT TECHNOLOGY S 286,665 414,202
81369Y100 ST STRT MATERIALS SL 888,849 879,518
45783Y673 EQUITY MANAGED FLOOR 2,622,055 2,709,321
464287457 ISHARES 1-3 YEAR TRE 672,960 673,492
81369Y209 ST STRT HEALTH CARE 2,313,275 2,620,764
81369Y506 ST STRT ENERGY SLCT 892,538 914,141
81369Y860 ST STRT REAL ESTATE 632,770 625,062
464287440 ISHARES 7-10 YEAR TR 669,515 673,024
78468R663 STATE STREET SPDR BB 674,013 673,288
464285204 ISHARES GOLD TR SHS 722,381 1,616,663
92206C847 VANGUARD LONG-TERM T 755,472 672,836
81369Y308 ST STRT CONSUMER STA 2,472,259 2,577,034
464288653 ISHARES 10-20 YEAR T 729,420 673,665
464288661 ISHARES 3-7 YEAR TRE 671,602 673,492

TY 2025 InvestmentsOtherSchedule2
Name:
ASTRUP FAMILY FOUNDATION
EIN:
47-2413421
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
56063N709 MAINSTAY MACKAY TAX      
19763P580 COLUMBIA STRATEGIC M      
464287432 ISHARES 20 YEAR TREA      
81369Y209 HEALTH CARE SELECT S      
81369Y308 CONSUMER STAPLES SEL      
81369Y886 UTILITIES SELECT SEC      
46137V324 INVESCO EXCHANGE-TRA      
78463X541 SPDR S&P GLOBAL NATU      
245914817 DELAWARE EMERGING MA      
14064D865 FULLER & THALER BEHV      
543916498 LORD ABBETT CONVERTI      
543495840 LOOMIS SAYLES BOND F      
543487250 LOOMIS SAYLES STRATE      
78464A532 SPDR S&P TRANSPORTAT      
46137V381 INVESCO S&P 500 EQUA      
413838731 OAKMARK INTERNATIONA      
544004609 LORD ABBETT BOND-DEB      
81369Y506 ENERGY SELECT SECTOR      
465899854 IVY EMERGING MARKETS      
00766Y299 KOPERNIK GLOBAL ALL-      
46137V316 INVESCO S&P 500 EQUA      
74253Q580 PRINCIPAL REAL ESTAT      
464287440 ISHARES 7-10 YEAR TR      
464285204 ISHARES GOLD TR SHS      
78468R663 SPDR BLOOMBERG BARCL      
464288653 ISHARES 10-20 YEAR T      
92206C847 VANGUARD LONG-TERM T      
81369Y100 MATERIALS SELECT SEC      
81369Y407 CONSUMER DISCRETIONA      

TY 2025 OtherExpensesSchedule
Name:
ASTRUP FAMILY FOUNDATION
EIN:
47-2413421
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER INVESTMENT FEE 283 283   0
AG FILING FEE 25 0   25
INVESTMENT EXPENSES - PROCEEDS 3,812 3,812   0
OTHER CHARITABLE EXPENSES 2,303 0   2,303


TY 2025 OtherIncreasesSchedule
Name:
ASTRUP FAMILY FOUNDATION
EIN:
47-2413421
Description Amount
INCOME ADJUSTMENT 553


TY 2025 OtherProfessionalFeesSchedule
Name:
ASTRUP FAMILY FOUNDATION
EIN:
47-2413421
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MGMT FEES - BOA 155,058 93,035   62,023


TY 2025 TaxesSchedule
Name:
ASTRUP FAMILY FOUNDATION
EIN:
47-2413421
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX - PRIOR YEAR 4,777 0   0
FEDERAL ESTIMATES - PRINCIPAL 9,212 0   0