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
HORMEL FOODS CORPORATION CHARITABLE
TRUST
Number and street (or P.O. box number if mail is not delivered to street address) 1 HORMEL PLACE
 
Room/suite
City or town
AUSTIN
State or province
MN
Country  
ZIP or foreign postal code
55912
A Employer identification number

01-0761416
B Telephone number (see instructions)

5074375233
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)$79,928
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,563,703
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,563,703 0 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 26,772 0 0 26,772
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,003 0 0 1,003
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 27,775 0 0 27,775
25 Contributions, gifts, grants paid....... 1,585,611 1,585,611
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,613,386 0 0 1,613,386
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -49,683
b Net investment income (if negative, enter -0-) 0
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............. 129,611 79,928 79,928
2 Savings and temporary cash investments.........      
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).......      
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) 129,611 79,928 79,928
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 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........ 601,274 601,274
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -471,663 -521,346
29 Total net assets or fund balances (see instructions)..... 129,611 79,928
30 Total liabilities and net assets/fund balances (see instructions). 129,611 79,928
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
129,611
2
Enter amount from Part I, line 27a .....................
2
-49,683
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
79,928
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
79,928
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.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 .........................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here 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 0
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 0
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 0
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 0
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 0
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 0
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)
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
MN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofGRACE REYERSON Telephone no. (507) 437-5611

Located at1 HORMEL PLACEAUSTINMN ZIP+455912
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
CLARK MARY KATHERINE PRESIDENT
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
FLEMING JAMES D VICE PRESIDENT
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
GHINGO JOHN CHAIRMAN
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
KUEHNEMAN PAUL R ASSISTANT TREASURER
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
LOSNESS-LARSON KATHERINE M SECRETARY
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
MAKOPE FLORENCE TREASURER
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
BAKER JEFFREY R DIRECTOR
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
BATCHELER COLLEEN R DIRECTOR
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
CLAUSMAN MICHAEL W DIRECTOR
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
LILLY PIERRE M DIRECTOR
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
MYERS KEVIN L DIRECTOR
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
WEBER DAVID F DIRECTOR
1.00
0 0 0
1 HORMEL PLACE
AUSTIN,MN55912
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.........................0
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
0
b
Average of monthly cash balances.......................
1b
696,193
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
696,193
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
696,193
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
10,443
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
685,750
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
34,288
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
34,288
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
 
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
0
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
34,288
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
34,288
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
34,288
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
1,613,386
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,613,386
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 34,288
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 1,837,884
b From 2021...... 1,815,278
c From 2022...... 2,275,525
d From 2023...... 2,355,341
e From 2024...... 1,467,180
f Total of lines 3a through e ........ 9,751,208
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,613,386
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) .....
0
c Treated as distributions out of corpus (Election
required—see instructions) ........
0
d Applied to 2025 distributable amount..... 34,288
e Remaining amount distributed out of corpus 1,579,098
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 11,330,306
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 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ...
1,837,884
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ......
9,492,422
10 Analysis of line 9:
a Excess from 2021 .... 1,815,278
b Excess from 2022 .... 2,275,525
c Excess from 2023 .... 2,355,341
d Excess from 2024 .... 1,467,180
e Excess from 2025 .... 1,579,098
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).)
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

AUSTIN ASPIRES INC

318 NORTH MAIN STREET
AUSTIN,MN55912
    COMMUNITY SUPPORT 116,600

SHARE OUR STRENGTH

PO BOX 715475
PHILADELPHIA,PA19171
    COMMUNITY SUPPORT 100,000

IOWA STATE UNIVERSITY FOUNDATION

PO BOX 2230
AMES,IA50010
    COMMUNITY SUPPORT 90,000

AUSTIN AREA ARTWORKS CENTER

300 MAIN ST N
AUSTIN,MN55912
    COMMUNITY SUPPORT 80,556

LIFEGATE SERVICES

1300 10TH AVE NE
ROCHESTER,MN55906
    COMMUNITY SUPPORT 75,000

NATIONAL MERIT SCHOLARSHIP CORP

PO BOX 99389
CHICAGO,IL60693
    COMMUNITY SUPPORT 60,155

AMERICAN JUNIOR GOLF ASSOCIATION

1980 SPORTS CLUB DRIVE
BRASELTON,GA30517
    COMMUNITY SUPPORT 50,000

WORLD FOOD PRIZE

100 LOCUST STREET
DES MOINES,IA50309
    COMMUNITY SUPPORT 50,000

COMMUNITY FOUNDATION OF GREAT DES MOINES

1915 GRAND AVENUE
DES MOINES,IA50309
    COMMUNITY SUPPORT 50,000

THE SALVATION ARMY

409 1ST AVE NE
AUSTIN,MN55912
    COMMUNITY SUPPORT 40,000

AUSTIN COMMUNITY CHARITABLE FUND

329 N MAIN STREET SUITE 106L
AUSTIN,MN55912
    COMMUNITY SUPPORT 30,400

LAUSD EDUCATION FOUNDATION

333 S BEAUDRY AVENUE 24TH FLOOR
LOS ANGELES,CA90017
    COMMUNITY SUPPORT 25,000

NEXUS FOUNDATION FOR FAMILY HEALING

505 US HIGHWAY 169 N SUITE 500
PLYMOUTH,MN55441
    COMMUNITY SUPPORT 25,000

NATIONAL FFA FOUNDATION

6060 FFA DRIVE
INDIANAPOLIS,IN46278
    COMMUNITY SUPPORT 25,000

BE STRONG

692 B SOUTH MILITARY TRAIL
DEERFIELD BEACH,FL33442
    COMMUNITY SUPPORT 25,000

FARIBAULT FOUNDATION

530 WILSON AVE
FARIBAULT,MN55021
    COMMUNITY SUPPORT 17,000

AUSTIN ENHANCEMENT GROUP INC

PO BOX 3
AUSTIN,MN55912
    COMMUNITY SUPPORT 15,750

AUSTIN AREA FOUNDATION CO CITY FLOWER PROJECT

PO BOX 6
AUSTIN,MN55912
    COMMUNITY SUPPORT 15,500

UNITED WAY-MOWER COUNTY

111 MAIN ST N 202
AUSTIN,MN55912
    COMMUNITY SUPPORT 15,500

THE REED SEED INC

403 22ND ST NW
AUSTIN,MN55912
    COMMUNITY SUPPORT 15,000

CHANNEL ONE REGIONAL FOOD BANK

131 35TH ST SE
ROCHESTER,MN55904
    COMMUNITY SUPPORT 15,000

THIELEN FOUNDATION INC

314 1ST AVE N 200
MINNEAPOLIS,MN55401
    COMMUNITY SUPPORT 15,000

THE HORMEL INSTITUTE

801 16TH AVE NE
AUSTIN,MN55912
    COMMUNITY SUPPORT 13,000

CHAD GREENWAY'S LEAD THE WAY FOUNDATION

59 CAVALIER BOULEVARD STE 310
FLORENCE,KY41042
    COMMUNITY SUPPORT 12,500

PARENTING RESOURCE CENTER INC

105 1ST STREET SE PO BOX 505
AUSTIN,MN55912
    COMMUNITY SUPPORT 12,000

AGATE HOUSING SERVICES

2309 NICOLLET AVE
MINNEAPOLIS,MN55404
    COMMUNITY SUPPORT 10,000

POWER ATLANTA INC

1024 AVON AVE SW
ATLANTA,GA30310
    COMMUNITY SUPPORT 10,000

ARKANSAS FOOD BANK

4301 W 65TH ST
LITTLE ROCK,AR72209
    COMMUNITY SUPPORT 10,000

TRAVIS MANION FOUNDATION

164 E STATE ST
DOYLES TOWN,PA18901
    COMMUNITY SUPPORT 10,000

CENTRAL CALIFORNIA FOOD BANK

4010 E AMENDOLA DR
FRESNO,CA93725
    COMMUNITY SUPPORT 10,000

THE GOOD ACRE

1790 LARPENTEUR AVE W
FALCON HEIGHTS,MN55113
    COMMUNITY SUPPORT 10,000

ST VINCENT DEPAUL CENTER

617 3RD AVE NW
FARIBAULT,MN55021
    COMMUNITY SUPPORT 10,000

RIVER BEND FOODBANK

4010 KIMMEL DR
DAVENPORT,IA52802
    COMMUNITY SUPPORT 10,000

OPERATION HOME FRONT

3606 N 156TH ST
OMAHA,NE68116
    COMMUNITY SUPPORT 10,000

PELICAN RAPIDS FOOD SHELF

PO BOX 592
PELICAN RAPIDS,MN56572
    COMMUNITY SUPPORT 10,000

BREAD OF LIFE

PO BOX 446
STOCKTON,CA95201
    COMMUNITY SUPPORT 10,000

HOSEA FEED THE HUNGRY & HOMELESS PROGRAM

10352 DONELLA AVE
ATLANTA,GA30310
    COMMUNITY SUPPORT 10,000

CHIPPEWA COUNTY FOOD SHELF

PO BOX 159719 N 7TH ST SUITE 302
MONTEVIDEO,MN56265
    COMMUNITY SUPPORT 10,000

CUPBOARD & CLOSET

827 E LASALLE AVE
BARRON,WI54812
    COMMUNITY SUPPORT 10,000

SUFFOLK CHRISTIAN FELLOWSHIP CENTER

211 E WASHINGTON ST
SUFFOLK,VA23434
    COMMUNITY SUPPORT 10,000

YOUNG MEN'S CHRISTIAN ASSOCIATION

402 N MARKET
WICHITA,KS67202
    COMMUNITY SUPPORT 10,000

NAMI SOUTHEAST MN

2746 SUPERIOR DR NW STE 110
ROCHESTER,MN55901
    COMMUNITY SUPPORT 10,000

CLARKE COUNTY FOOD PANTRY

114 S FILLMORE ST
OSCEOLA,IA50213
    COMMUNITY SUPPORT 10,000

KANDIYOHI COUNTY FOOD SHELF

624 PACIFIC AVE SW
WILLMAR,MN56201
    COMMUNITY SUPPORT 10,000

COULEECAP INC

201 MELBY ST
WESTBY,WI54667
    COMMUNITY SUPPORT 10,000

CONVOY OF HOPE

PO BOX 1125
SPRINGFIELD,MO65801
    COMMUNITY SUPPORT 10,000

CONVIVIUM URBAN FARMSTEAD

2811 JACKSON ST
DUBUQUE,IA52001
    COMMUNITY SUPPORT 10,000

OPEN DOOR MISSION

2828 N 23RD ST
EAST OMAHA,NE68110
    COMMUNITY SUPPORT 10,000

KOSSUTH COUNTY FOOD PANTRY

PO BOX 692
ALGONA,IA50511
    COMMUNITY SUPPORT 10,000

CRAWFORD-SEBASTIAN COMMUNITY DEVT COUNCIL

PO BOX 180070
FORTH SMITH,AR72918
    COMMUNITY SUPPORT 10,000

KICK IT FORWARD

1027 WARREN AVE
OSCEOLA,IA50213
    COMMUNITY SUPPORT 10,000

MEALS ON WHEELS ATLANTA

1705 COMMERCE DR NW
ATLANTA,GA30318
    COMMUNITY SUPPORT 10,000

MELROSE AREA FOOD SHELF

402 2ND ST SE
MELROSE,MN56352
    COMMUNITY SUPPORT 10,000

KAITLYN'S KLOSET

4180 LEXINGTON AVE S
EAGAN,MN55123
    COMMUNITY SUPPORT 10,000

NACE FOODSHELF & CLOSET

18511 HWY 65 NE
EAST BETHEL,MN55304
    COMMUNITY SUPPORT 10,000

COMMUNITY HEALTH MINISTRY INC

246 E 9TH ST
ALMA,KS66401
    COMMUNITY SUPPORT 10,000

MARIE WILKINSON FOOD PANTRY

834 N HIGHLAND AVE
AURORA,IL60506
    COMMUNITY SUPPORT 10,000

AUSTIN PUBLIC SCHOOLS

401 3RD STREET NW
AUSTIN,MN55912
    COMMUNITY SUPPORT 9,000

BROWERVILLE AREA FOOD SHELF

250 4TH ST W SUITE 8
BROWERVILLE,MN56348
    COMMUNITY SUPPORT 8,000

LONG PRAIRIE EMERGENCY FOOD PANTRY

PO BOX 165
LONG PRAIRIE,MN56347
    COMMUNITY SUPPORT 8,000

POVERELLO HOUSE

PO BOX 12225
FRESNO,CA93777
    COMMUNITY SUPPORT 6,000

AURORA AREA INTERFAITH FOOD PANTRY

1110 JERICHO ROAD
AURORA,IL60506
    COMMUNITY SUPPORT 5,000

CRIME VICTIMS RESOURCE CENTER

101 14TH STREET NW
AUSTIN,MN55912
    COMMUNITY SUPPORT 5,000

RODALE INSTITUTE

611 SIEGFRIEDALE RD
KUTZTOWN,PA19530
    COMMUNITY SUPPORT 5,000

MAKE-A-WISH

219 WEST MAHONING STREET
PUNXSUTAWNEY,PA15767
    COMMUNITY SUPPORT 5,000

HELPING HANDS FOOD PANTRY

PO BOX 412
KNOXVILLE,IA50138
    COMMUNITY SUPPORT 5,000

HENDERSON FOOD PANTRY

PO BOX 104
HENDERSON,TX75653
    COMMUNITY SUPPORT 5,000

DEERFIELD COMMUNITY CENTER

PO BOX 404 10 LIBERTY STREET SUITE
130
DEERFIELD,WI53531
    COMMUNITY SUPPORT 5,000

GROWING GARDENS OF BOULDER COUNTY

1630 HAWTHORNE AVE
BOULDER,CO80304
    COMMUNITY SUPPORT 5,000

ALAMEDA CO COMM FOOD BANK

7900 EDGEWATER DRIVE
OAKLAND,CA94621
    COMMUNITY SUPPORT 5,000

GREATER CHICAGO FOOD DEPOSITORY

4100 W ANN LURIE PL
CHICAGO,IL60632
    COMMUNITY SUPPORT 5,000

IOWA GARDENING FOR GOOD

2191 340TH ST
MADRID,IA50156
    COMMUNITY SUPPORT 5,000

FOOD BANK OF SOMERSET COUNTY

7E EASY ST
BOUND BOOK,NJ08805
    COMMUNITY SUPPORT 5,000

ROCHELLE CHRISTIAN FOOD PANTRY

770 WEST LINCOLN AVE
ROCHELLE,IN61068
    COMMUNITY SUPPORT 5,000

ATLANTA COMMUNITY FOOD BANK

3400 NORTH DESERT DR
ATLANTA,GA30344
    COMMUNITY SUPPORT 5,000

AUBURN FOOD BANK

2804 AUBURN WAY N
AUBURN,WA98002
    COMMUNITY SUPPORT 5,000

AUSTIN AREA FOUNDATION

PO BOX 6
AUSTIN,MN55912
    COMMUNITY SUPPORT 5,000

LA FAMILIA COUNSELING CENTER

26081 MOCINE AVE
HAYWARD,CA94544
    COMMUNITY SUPPORT 5,000

MARION CTY SENIOR NUTRITION

308 E MONTGOMERY ST
KNOXVILLE,IA50138
    COMMUNITY SUPPORT 5,000

AUSTIN SYMPHONY ORCHESTRA SOCIETY

2110 7TH AVE SW PO BOX 465
AUSTIN,MN55912
    COMMUNITY SUPPORT 5,000

ROCHELLE AREA COMMUNITY FOUDATION

PO BOX 74
ROCHELLE,IL61068
    COMMUNITY SUPPORT 5,000

CARING COMMUNITY FRIENDS INC

12 W BURNHAM AVE
SAPULPA,OK74067
    COMMUNITY SUPPORT 5,000

SECOND HARVEST HEARTLAND

1140 GERVAISE AVE
ST PAUL,MN55109
    COMMUNITY SUPPORT 5,000

HELPING HAND CENTER

9649 W 55TH ST
COUNTRYSIDE,IL60525
    COMMUNITY SUPPORT 5,000

MOWER COUNTY AGRICULTURAL SOCIETY

700 12TH ST SW
AUSTIN,MN55912
    COMMUNITY SUPPORT 5,000

COMMUNITY KITCHEN OF MONROE COUNTY

PO BOX 3286
BLOOMINGTON,IN47402
    COMMUNITY SUPPORT 5,000

THE AFRICAN AMERICAN ASSOCIATION OF USA INC

4360 COMMERCE CIRCLE SUITE B
ATLANTA,GA30336
    COMMUNITY SUPPORT 5,000

NEVADA COMMUNITY CUPBOARD

1110 11TH ST
NEVADA,IA50201
    COMMUNITY SUPPORT 5,000

NEVADA FOOD AT FIRST

1119 8TH ST
NEVADA,IA50201
    COMMUNITY SUPPORT 5,000

AUSTIN YOUTH SOCCER ASSOCIATION

PO BOX 471
AUSTIN,MN55912
    COMMUNITY SUPPORT 5,000

HOT MEALS ON WHEELS INC

PO BOX 371
AUSTIN,MN55912
    COMMUNITY SUPPORT 5,000

YWCA OF CLINTON IA

317 7TH AVE S
CLINTON,IA52732
    COMMUNITY SUPPORT 5,000

PROJECT I AM NFP

7923 S PAXTON AVE
CHICAGO,IL60617
    COMMUNITY SUPPORT 5,000

ST STEPHEN'S HUMAN SERVICESHOUSE OF CHARITY

1712 RANDOLPH AVE
ST PAUL,MN55105
    COMMUNITY SUPPORT 5,000

INFANT WELFARE SOCIETY OF CHICAGO

323 E 57TH STREET
HINSDALE,IL60521
    COMMUNITY SUPPORT 5,000

BOYS & GIRLS CLUB OF WEST CENTRAL

PO BOX 765
TOMAH,WI54660
    COMMUNITY SUPPORT 5,000

BOYS & GIRLS CLUB OF RUSK COUNTY

710 ROBERTSON BLVD
HENDERSON,TX75652
    COMMUNITY SUPPORT 5,000

CONSCIOUS ALLIANCE

2525 ARAPAHOE AVE ST E4-182
BOULDER,CO80302
    COMMUNITY SUPPORT 5,000

LSS MEALS ON WHEELS

PO BOX 214
EAGLE BEND,MN56446
    COMMUNITY SUPPORT 4,000

LA MANO EXTENDIDA INC

7000 LA PALMA AVENUE APT A103
BUENA PARK,CA90620
    COMMUNITY SUPPORT 4,000

THE SALVATION ARMY OF ROCK COUNTY

628 BROAD ST
BELOIT,WI53511
    COMMUNITY SUPPORT 4,000

FALLBROOK SENIOR CENTER

399 HEALD LANE
FALLBROOK,CA92028
    COMMUNITY SUPPORT 3,000

FEEDING THE FOSTERS INC

3272 SANDY RIDGE DRIVE
CLEARWATER,FL33761
    COMMUNITY SUPPORT 2,500

YOUTH LEADERSHIP INCUBATOR INC

447 KING AVE
FREMONT,CA94536
    COMMUNITY SUPPORT 2,500

AUSTIN PARK AND RECREATION

500 4TH AVE NE
AUSTIN,MN55912
    COMMUNITY SUPPORT 2,500

JOSHUA'S HEART FOUNDATION INC

PO BOX 640342
MIAMI,FL33164
    COMMUNITY SUPPORT 2,500

BOYS & GIRLS CLUBS OF COLLIN COUNTY

1301 CENTRAL EXPY S SUITE 117
ALLEN,TX75013
    COMMUNITY SUPPORT 2,500

WITH ELLA INC CO CHEL PAGE

502 36TH ST NW
AUSTIN,MN55912
    COMMUNITY SUPPORT 2,500

A TASTE OF HOME INC

701 UPHAM PL NW
VIENNA,VA22180
    COMMUNITY SUPPORT 2,500

ASIAN PACIFIC COMMUNITY FUND OF SOUTHERN CALIFORNIA

1145 WILSHIRE BLVD STE 105
LOS ANGELES,CA90017
    COMMUNITY SUPPORT 2,500

BLANKIES 4 MY BUDDIES FOUNDATION

8012 BURLY WOOD WAY
MCDONOUGH,GA30253
    COMMUNITY SUPPORT 2,500

HAND TO HUNGER INC

816 LINCOLN AVE
FALLS CHURCH CITY,VA22046
    COMMUNITY SUPPORT 2,500

END HUNGER CONNECTICUT

198 WETHERSFIELD AVE
HARTFORD,CT06114
    COMMUNITY SUPPORT 2,000

EXTRAORDINARY CHARITIES INC

2635 OLD OKEECHOBEE RD
WEST PALM BEACH,FL33409
    COMMUNITY SUPPORT 2,000

SCSU FOOD PANTRY

501 CRESCENT STREET
NEW HAVEN,CT06515
    COMMUNITY SUPPORT 2,000

NORTH EAST COMMUNITY CENTER INC

51 SOUTH CENTER STREET PO BOX 35
MILLERTON,NY12546
    COMMUNITY SUPPORT 2,000

BLOOMING PRAIRIE BACKPACK PROGRAM

PO BOX 261
BLOOMING PRAIRIE,MN55917
    COMMUNITY SUPPORT 2,000

AUSTIN YOUTH HOCKEY ASSOC INC

PO BOX 111
AUSTIN,MN55912
    COMMUNITY SUPPORT 1,500

WELCOME CENTER INC

105 1ST STREET SE
AUSTIN,MN55912
    COMMUNITY SUPPORT 1,500

COMMUNITY FOOD BANK

5259 W CARDINAL ST
HOMOSASSA,FL34446
    COMMUNITY SUPPORT 1,500

COMMUNITY STOREHOUSE

12001 KATY RD
FORT WORTH,TX76244
    COMMUNITY SUPPORT 1,500

HERNANDO MEALS ON WHEELS

1890 MOUNT PLEASANT
HERNANDO,MS38632
    COMMUNITY SUPPORT 1,000

BON HOMME FOOD PANTRY

105 EAST 17TH AVE
TYNDALL,SD57066
    COMMUNITY SUPPORT 1,000

LIFE MOWER COUNTY

401 2ND AVE NE
AUSTIN,MN55912
    COMMUNITY SUPPORT 1,000

CIS OF HAMPTON ROADS

200 HIGH ST
PORTSMOUTH,VA23704
    COMMUNITY SUPPORT 500

YMCA AT ACRC

501 4TH AVE NE
AUSTIN,MN55912
    COMMUNITY SUPPORT 500

PACELLI CATHOLIC SCHOOL

311 4TH STREET NW
AUSTIN,MN55912
    COMMUNITY SUPPORT 400

ANNA SUDHA COMMUNITY KITCHEN

21100 DULLES TOWN CIR STE 190
STERLING,VA20166
    COMMUNITY SUPPORT 250
Total ................................. 3a 1,585,611
bApproved for future payment
Total ................................. 3b 0
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 ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 0 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
0
(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
HORMEL FOODS CORPORATION CHARITABLE
TRUST
Employer identification number

01-0761416
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
HORMEL FOODS CORPORATION CHARITABLE
TRUST
Employer identification number
01-0761416
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
HORMEL FOODS CORPORATION
 
1 HORMEL PLACE
 
AUSTIN, MN55912

$ 1,563,703


(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
HORMEL FOODS CORPORATION CHARITABLE
TRUST
Employer identification number

01-0761416
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
HORMEL FOODS CORPORATION CHARITABLE
TRUST
Employer identification number

01-0761416
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:
HORMEL FOODS CORPORATION CHARITABLE
 
TRUST
EIN:
01-0761416
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL FEES 26,772 0 0 26,772

TY 2025 OtherExpensesSchedule
Name:
HORMEL FOODS CORPORATION CHARITABLE
 
TRUST
EIN:
01-0761416
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISC 25 0 0 25
BANK FEES 978 0 0 978