TY 2025 Form 990PF

- TIN:

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
PAPARELLA FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address) 2201 KENWOOD PARKWAY
Room/suite

City or town
MINNEAPOLIS

State or province
MN

Country

ZIP or foreign postal code
55405

A Employer identification number

41-1930076

B Telephone number (see instructions)

6123764500

C If exemption application is pending, check here

G Check all that apply: Initial returnInitial return of a former public charity

Address change Name change

D 1. Foreign organizations, check here.............

2. Foreign organizations meeting the 85%
test, check here and attach computation ...

E If private foundation status was terminated
under section 507(b)(1)(A), check here .......

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$14,095,281J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	9,988,859
2	Check .................
3	Interest on savings and temporary cash investments	8,713		8,713
4	Dividends and interest from securities...	212,442		212,442
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,433,779
b	Gross sales price for all assets on line 6a 1,879,109
7	Capital gain net income (from Part IV, line 2)...			1,433,779
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	11,643,793		1,654,934
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	3,675	1,837	1,836
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	42,084	42,084	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	525	0	25
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	46,284		43,921	1,861
25	Contributions, gifts, grants paid.......	84,474			84,474
26	Total expenses and disbursements. Add lines 24 and 25 ................	130,758		43,921	86,335
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	11,513,035
b	Net investment income (if negative, enter -0-)			1,611,013
c	Adjusted net income (if negative, enter -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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	10,013	1,142,996	1,142,996
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	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).......	383,653	List of Attached Documents: // Content 10,428,358	12,952,285
	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	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)	393,666	11,571,354	14,095,281
	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	0
		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........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	393,666	11,571,354
	29	Total net assets or fund balances (see instructions).....	393,666	11,571,354
	30	Total liabilities and net assets/fund balances (see instructions).	393,666	11,571,354

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

393,666

Enter amount from Part I, line 27a .....................

11,513,035

Other increases not included in line 2 (itemize)

Add lines 1, 2, and 3 ..........................

11,906,701

Decreases not included in line 2 (itemize) Click to see attachment

List of Attached Documents:

// Content

335,347

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..

11,571,354

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES
b	INVESCO DB ENERGY FUND PTP K-1-SEC 1256 CONTRACTS & STRADDLES	2025-05-27	2025-12-31
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,878,741	445,330	1,433,411
b	368		368
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			1,433,411
b			368
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,433,779
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 .........................		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.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	22,393
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	22,393
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	22,393
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	2,676
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	2,676
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	19,717
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 tax	Refunded	11
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. $ 0(2) On foundation managers.$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers.$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. Click to see attachment

List of Attached Documents:

// Content

...............................

Yes

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website addressN/A

The books are in care ofTREVA PAPARELLA Telephone no. (612) 376-4500

Located at2201 KENWOOD PARKWAYMINNEAPOLISMN ZIP+455405

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 ........

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........

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? .............

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)):

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?....................

Yes

If "Yes," list the years 20 24, 20, 20, 20

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.) ..............

Yes

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

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.).....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2025)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check .........

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
TREVA PAPARELLA	SECRETARY/TREASURER 0.00	0	0	0
2201 KENWOOD PARKWAY MINNEAPOLIS,MN55405	SECRETARY/TREASURER 0.00	0	0	0
MARK PAPARELLA	PRESIDENT 0.00	0	0	0
2201 KENWOOD PARKWAY MINNEAPOLIS,MN55405	PRESIDENT 0.00	0	0	0
STEVE PAPARELLA	VICE PRESIDENT 0.00	0	0	0
2201 KENWOOD PARKWAY MINNEAPOLIS,MN55405	VICE PRESIDENT 0.00	0	0	0
H THEODORE GRINDAL	DIRECTOR 0.00	0	0	0
2201 KENWOOD PARKWAY MINNEAPOLIS,MN55405	DIRECTOR 0.00	0	0	0
LAURA DA BRUZZI	DIRECTOR 0.00	0	0	0
2201 KENWOOD PARKWAY MINNEAPOLIS,MN55405	DIRECTOR 0.00	0	0	0
BEVAN YUEH MD	DIRECTOR 0.00	0	0	0
2201 KENWOOD PARKWAY MINNEAPOLIS,MN55405	DIRECTOR 0.00	0	0	0
RAFAEL MONSANTO MD	DIRECTOR 0.00	0	0	0
2201 KENWOOD PARKWAY MINNEAPOLIS,MN55405	DIRECTOR 0.00	0	0	0
SAMIR KHARIWALA MD	DIRECTOR 0.00	0	0	0
2201 KENWOOD PARKWAY MINNEAPOLIS,MN55405	DIRECTOR 0.00	0	0	0

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)

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 arrow

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.........................0

Form 990-PF (2025)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

8,592,003

Average of monthly cash balances.......................

274,495

Fair market value of all other assets (see instructions)................

Total (add lines 1a, 1b, and 1c).......................

8,866,498

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

8,866,498

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

132,997

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

8,733,501

Minimum investment return. Enter 5% (0.05) of line 5 ................

436,675

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.)

Minimum investment return from Part IX, line 6..................

436,675

Tax on investment income for 2025 from Part V, line 5 .......

22,393

Income tax for 2025. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

22,393

Distributable amount before adjustments. Subtract line 2c from line 1............

414,282

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

414,282

Deduction from distributable amount (see instructions) .................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

414,282

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........

86,335

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

86,335

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				414,282
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......			86,474
b Total for prior years:20 , 20, 20		0
3 Excess distributions carryover, if any, to 2025:
a From 2020......
b From 2021......
c From 2022......
d From 2023......
e From 2024......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 86,335
a Applied to 2024, but not more than line 2a			86,335
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.....				0
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 .............			139
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........				414,282
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 ....
b Excess from 2022 ....
c Excess from 2023 ....
d Excess from 2024 ....
e Excess from 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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

TREVA PAPARELLA

MARK PAPARELLA

STEVE PAPARELLA

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
UNIVERSITY OF MINNESOTA 100 CHURCH ST SE MINNEAPOLIS,MN55455			SCHOLARS	84,474
Total ................................. 3a				84,474

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	8,713
4 Dividends and interest from securities ....			14	212,442
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	1,433,779
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,654,934	0

13Total. Add line 12, columns (b), (d), and (e)..................

1,654,934

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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. Yes No
	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

- TIN:

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

PAPARELLA FAMILY FOUNDATION

Employer identification number

41-1930076

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 PAPARELLA FAMILY FOUNDATION

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	MICHAEL PAPARELLA 2201 KENWOOD PKWY MINNEAPOLIS, MN55405	$ 9,887,287	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (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 PAPARELLA FAMILY FOUNDATION		Employer identification number 41-1930076

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	VARIOUS INHERITED IRA ASSETS (STOCKS, MUTUAL FUNDS, ETC...) FROM MERRILL LYNCH AS CUSTODIAN	$ 9,887,287	2025-05-27
(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 PAPARELLA FAMILY FOUNDATION			Employer identification number 41-1930076
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

(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

(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

(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

(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:

- TIN:

TY 2025 AccountingFeesSchedule

Name:

PAPARELLA FAMILY FOUNDATION

EIN:

41-1930076

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	3,675	1,837		1,836

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

PAPARELLA FAMILY FOUNDATION

EIN:

41-1930076

Name of Stock	End of Year Book Value	End of Year Fair Market Value
316.7129 SH ABBOTT LABS	41,584	39,681
347.4962 SH ABBVIE INC SHS	63,682	79,399
46 SH ADOBE INC	18,754	16,100
735.1410 SH AFLAC INC	75,374	81,064
105 SH ALLSTATE CORP DEL	21,340	21,856
2,000 SH ALPHABET INC SHS CL C	312,151	627,600
1,300 SH ALPHABET INC CL A	219,011	406,900
1,136 SH AMAZON COM INC	185,590	262,212
4,000 SH APPLE INC	621,245	1,087,440
75 SH APTIV HOLDINGS LTD	4,955	5,707
568.9342 SH BANK OZK COM	25,283	26,182
664 SH BERKSHIRE HATHAWAY INC	261,722	333,760
11 SH BLACKROCK INC REG	10,595	11,774
50 SH BLACKSTONE INC	6,753	7,707
350 SH BLUE BIRD CORP	13,521	16,450
100 SH BOOKING HLDGS INC	380,902	535,533
74.1658 SH BRISTOL-MYERS SQUIBB CO	3,475	4,001
40 SH CATERPILLAR INC DEL	13,736	22,915
126 SH CIGNA GROUP/THE	2,962	34,679
1,797.7548 SH COCA COLA COM	129,024	125,681
260 SH COGNIZANT TECH SOLUTIONS A	3,327	21,580
3,038.2002 COMCAST CORP NEW CL A	104,878	90,812
76 SH COPPER COS INC	5,991	6,229
209.6733 SH COSTCO WHOLESALE CRP DEL	211,455	180,810
958.7304 SH CVS HEALTH CORP	44,610	76,085
18 SH DANAHER CORP DEL COM	3,322	4,121
50 SH DATADOG INC REG SHS CL A	5,723	6,800
189 SH DELTA ARE LINES INC	9,057	13,117
128 SH DIAGEO PLC SPSD ADR NEW	13,978	11,043
525.8466 SH DISNEY (WALT) CO COM STK	57,696	59,826
727.8311 SH ECOLAB INC	159,198	191,070
74 SH ELI LILLY & CO	56,971	79,526
47 SH EXPEDIA GROUP INC	7,472	13,316
1,416 SH FASTENAL COMPANY	58,559	56,824
66.9720 SH FEDEX CORP DELAWARE COM	14,507	19,346
78 SH FLOOR AND DECOR HLDGS	4,992	4,749
97 SH FOX CORP REG SHS CL A	5,339	7,088
26 SH GOLDMAN SACHS GROUP INC	15,562	22,854
59.1698 SH HEICO CORP NEW COM	15,860	19,147
80 SH HOLOGIC INC	4,342	5,959
351.3743 SH HOME DEPOT INC	127,446	120,908
72 SH IDEXX LAB INC DEL $0.10	36,113	48,710
108 SH INTUITIVE SURGICAL INC	58,270	61,167
215.5018 SH JACK HENRY & ASSOC INC	39,221	39,325
45 SH JOHNSON AND JOHNSON COM	6,976	9,313
135 SH JPMORGAN CHASE & CO	35,874	43,500
150 SH LAM RESH CORP	12,953	25,677
59 SH LEIDOS HOLDINGS INC SHS	5,015	10,644
190 SH LITTELFUSE INC DEL COM	3,300	48,055
291.1454 SH MASTERCARD INC	171,811	166,209
676 SH MEDTRONIC PLC SHS	58,028	64,937
65 SH MERCK AND CO INC SHS	5,133	6,842
303 SH META PLATFORMS INC	189,999	200,007
17 SH METTLER-TOLEDO INTL INC	20,134	23,701
126 SH MIRCOCHIP TECHNOLOGY INC	8,222	8,029
1,300.8027 SH MICROSOFT CORP	520,352	629,094
227 SH MORGAN STANLEY	29,923	40,299
1,090 SH NETFLIX COM INC	119,930	102,198
133 SH NIKE INC CL B	8,352	8,473
143 SH NOVARTIS ADR	16,877	19,715
430 SH NVIDIA	60,940	80,195
2,700 SH O'REILLY AUTOMOTIVE INC	245,979	246,267
620.2559 SH ORACLE CORP $0.01 DEL	107,936	120,894
437 SH PALANTIR TECHNOLOGIES	55,814	77,677
154 SH PAYPAL HOLDINGS INC SHS	11,308	8,991
66 SH POLARIS INC	2,709	4,175
75 SH QUALCOMM INC	9,957	12,829
92 SH SALESFORCE INC	25,255	24,372
466.7789 SH SEAGATE TECH HLDGS PUB	59,267	128,546
220 SH SERVICENOW INC	45,329	33,702
301 SH SOLVENTUM CORP REG SHS	22,527	23,851
128 SH STEPAN CO	7,008	6,062
232 SH SUNOCO LP CON UNIT	12,484	12,159
88 SH TAIWAN S MANUFCTUING ADR	18,056	26,742
25 SH TELEDYNE TECH INC	12,517	12,768
182 SH TENCENT HOLDINGS LTD ADR	12,016	13,932
989 SH TESLA INC	291,893	444,773
1,351.6863 SH TJX COS INC NEW	173,624	207,633
15.6110 SH TRANSDIGM GROUP INC	22,884	20,760
715.0546 SH UNITEDHEALTH GROUP INC	132,630	236,047
206 SH VERIZON COMMUNICATNS COM	9,091	8,390
50 SH VISA INC CL A SHRS	18,511	17,536
52 SH WASTE CONNECTIONS INC	9,819	9,119
23 SH WORKDAY INC CL A	4,793	4,940
1,337.5579 SH XCEL ENERGY INC	92,237	98,792
153 SH ZILLOW GROUP INC SHS	10,941	10,438
44.7190 SH ZIMMER BIOMET HOLDI	4,245	4,021
173 SH ZOOM COMMUNICATIONS	13,738	14,928
1,207.0858 SH 3M COMPANY	175,630	193,254
173.6379 SH ARK NEXT GENERATION	22,514	25,652
21,344.7170 SH CREDIT SUISSE STRATEGIC	200,000	200,213
994.3430 SH FIDELITY LOW PRICED	42,170	40,997
9,279.7300 SH FIDELITY CONTRBAND	208,607	225,497
283.3589 SH FIRST TRUST CLOUD	21,285	36,859
2,475.1050 SH FRANKLIN MUTUAL GLOBAL	79,607	79,429
1,503.7896 SH INVESCO AI AND NEXT	59,634	89,430
601.1098 SH INVESCO QQQ TR SER 1	293,566	369,268
1,287.7497 SH ISHARES EXPANDED	114,021	136,102
1,066.3754 SH ISHARES US MEDICAL	57,753	66,275
478.9103 SH ISHARES CORE S&P 500 EFT	278,725	328,025
1,500 SH JENSEN QUALITY GROWTH	89,055	65,655
20,491.8030 SH LORD ABBETT SHORT	200,000	200,410
51,413.8820 SH LORD ABBETT SHORT	200,000	200,000
4,023 SH PGIM ULTRA SHORT BOND	199,983	199,501
1,315.2860 SH PRIMECAP ODYSSEY AGGRESS	58,912	65,843
1,066.2820 SH PRINCIPAL MIDCAP FUND	49,287	45,648
1,716 SH PROFESSIONALLY MANAGED	125,020	112,415
20,202.0200 SH SHENKMAN CPTL SHORT	200,000	200,000
1,003.4016 SH STATE STREET SPDR	99,723	99,558
574.3910 SH T ROWE PRICE HEALTH	43,964	47,985
349.5961 SH VANGUARD TOTAL STK MKT	99,649	117,209
118 SH VANGUARD INFORMATION	70,221	88,946
371 SH VANGUARD DIVIDEND	72,096	81,538
478.7373 SH VANGUARD MID-CAP CAL IDX	76,358	84,914
33 SH VANGUARD S&P 500 GROWTH	12,565	14,671
63 SH VANGUARD S AND P 500	11,749	12,906
880 SH VANGUARD 500 INDEX FUND	336,824	501,704
290.3020 SH VANGUARD MID CAP INDEX	98,534	104,323
2,936.4040 SH VANGUARD SELECTED VAULE	80,164	77,873
2,125.2010 SH VANGUARD HEALTH CARE	156,308	183,298
776.3940 SH VANGUARD TOTAL STOCK	112,220	126,708
816.7550 SH VANGUARD PRIMECAP FUND	143,422	151,026
2,641.3770 VANGUARD PRIME CAP	93,689	97,810
1,736.9240 SH VANGUARD DIVIDEND	63,168	57,058

- TIN:

TY 2025 OtherDecreasesSchedule

Name:

PAPARELLA FAMILY FOUNDATION

EIN:

41-1930076

Description	Amount
APPRECIATION OF DONATED STOCK	335,347

- TIN:

TY 2025 OtherProfessionalFeesSchedule

Name:

PAPARELLA FAMILY FOUNDATION

EIN:

41-1930076

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	42,084	42,084		0

- TIN:

TY 2025 SubstantialContributorsSch

Name:

PAPARELLA FAMILY FOUNDATION

EIN:

41-1930076

Name	Address
MICHAEL PAPARELLA	2201 KENWOOD PKWY MINNEAPOLIS,MN55405

- TIN:

TY 2025 TaxesSchedule

Name:

PAPARELLA FAMILY FOUNDATION

EIN:

41-1930076

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	500	0		0
MN ANNUAL FEE	25	0		25