Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-31-2021 , and ending 01-29-2022
Name of foundation
TARGET FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1455
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN554401455
A Employer identification number

41-6017088
B Telephone number (see instructions)

(612) 761-9219
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$85,335,634J 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) 55,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 20,175 20,175  
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........ 55,020,175 20,175  
Operating and Administrative Expenses 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).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 412 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,463 0   3,463
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,875 0   3,463
25 Contributions, gifts, grants paid....... 22,592,025 23,492,025
26 Total expenses and disbursements. Add lines 24 and 25 22,595,900 0   23,495,488
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 32,424,275
b Net investment income (if negative, enter -0-) 20,175
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Page 2
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 53,812,054 84,335,634 84,335,634
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
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 bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment1,000,000 1,000,000
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 53,812,054 85,335,634 85,335,634
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 1,200,000 300,000
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 bullet) Click to see attachment1,164 Click to see attachment1,339
23 Total liabilities (add lines 17 through 22)......... 1,201,164 301,339
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 52,610,890 85,034,295
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 52,610,890 85,034,295
30 Total liabilities and net assets/fund balances (see instructions). 53,812,054 85,335,634
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
52,610,890
2
Enter amount from Part I, line 27a .....................
2
32,424,275
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
85,035,165
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
870
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
85,034,295
Form 990-PF (2021)
Page 3
Form 990-PF (2021)
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  
Form 990-PF (2021)
Page 4
Form 990-PF (2021)
Page 4
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 Bullet 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)
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........................... 3 280
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- ..... 5 280
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 50
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,050
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 770
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet770 RefundedBullet 11 0
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. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 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 changesClick to see attachment....
3
Yes
 
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)
bulletMN
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 2021 or the taxable year beginning in 2021? 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
Form 990-PF (2021)
Page 5
Form 990-PF (2021)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressbulletCORPORATE.TARGET.COM/CORPORATE-RESPONSIBILITY
14
The books are in care ofbulletINCOME TAX DEPARTMENT Telephone no.bullet (612) 761-9212

Located atbulletPO BOX 1455MINNEAPOLISMN ZIP+4bullet554401455
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
and enter the amount of tax-exempt interest received or accrued during the year ........bullet
15
 
16 At any time during calendar year 2021, 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 bullet
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)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........bullet
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 2021? .............
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 2021, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2021?....................
2a
 
No
If "Yes," list the years bullet20, 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.
bullet20, 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 2021 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2021.) .....................
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 2021? ..
4b
 
No
Form 990-PF (2021)
Page 6
Form 990-PF (2021)
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 .........bullet
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
DAN FLEMING ASSISTANT TREASURER
0.05 		0 0 0
1000 NICOLLET MALL
MINNEAPOLIS,MN55403
COREY HAALAND TREASURER
0.05 		0 0 0
1000 NICOLLET MALL
MINNEAPOLIS,MN55403
DAVE DONLIN SECRETARY
0.05 		0 0 0
1000 NICOLLET MALL
MINNEAPOLIS,MN55403
JANINE BROWN ASSISTANT TREASURER
0.05 		0 0 0
1000 NICOLLET MALL
MINNEAPOLIS,MN55403
DEXTER NEWMAN TRUSTEE
0.25 		0 0 0
1000 NICOLLET MALL
MINNEAPOLIS,MN55403
BILL FOUDY TRUSTEE
0.25 		0 0 0
1000 NICOLLET MALL
MINNEAPOLIS,MN55403
AMANDA NUSZ PRESIDENT & CHAIR
1.00 		0 0 0
1000 NICOLLET MALL
MINNEAPOLIS,MN55403
YU-PING KAO TRUSTEE
0.25 		0 0 0
1000 NICOLLET MALL
MINNEAPOLIS,MN55403
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...................bullet 0
Form 990-PF (2021)
Page 7
Form 990-PF (2021)
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.............bullet0
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 MINNESOTA INCLUSIVE GROWTH FUND, LLC - PROVIDES SUPPORT TO SMALL BUSINESSES IN THE STATE OF MINNESOTA FOCUSED ON LOW/MODERATE INCOME AREAS AND UNDER-SERVED COMMUNITIES, INCLUDING FACILITATING THE ECONOMIC RECOVERY OF SMALL BUSINESSES THAT HAVE EXPERIENCED DIRECT ECONOMIC HARDSHIP AS A RESULT OF THE COVID-19 PANDEMIC AND/OR THE CIVIL UNREST THAT OCCURRED IN THE AFTERMATH OF THE MURDER OF GEORGE FLOYD THAT HAS MATERIALLY IMPACTED THEIR OPERATIONS, THEREBY ALLEVIATING POVERTY, PROMOTING THE CREATION AND RETENTION OF JOBS, COMBATTING COMMUNITY DETERIORATION, AND PROMOTING ECONOMIC REVITALIZATION OF DISTRESSED COMMUNITIES. 1,000,000
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................bullet1,000,000
Form 990-PF (2021)
Page 8
Form 990-PF (2021)
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
78,454,905
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
78,454,905
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
78,454,905
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,176,824
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
77,278,081
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,863,904
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
3,863,904
2a
Tax on investment income for 2021 from Part V, line 5.......
2a
280
b
Income tax for 2021. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
280
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,863,624
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,863,624
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
3,863,624
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
23,495,488
b
Program-related investments—total from Part VIII-B..................
1b
1,000,000
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
24,495,488
Form 990-PF (2021)
Page 9
Form 990-PF (2021)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2020 		(c)
2020 		(d)
2021
1 Distributable amount for 2021 from Part X, line 7 3,863,624
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2021:
a From 2016...... 9,054,130
b From 2017...... 9,245,126
c From 2018...... 11,853,981
d From 2019...... 7,922,454
e From 2020...... 28,793,410
f Total of lines 3a through e ........ 66,869,101
4Qualifying distributions for 2021 from Part
XI, line 4: bullet$ 24,495,488
a Applied to 2020, 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 2021 distributable amount..... 3,863,624
e Remaining amount distributed out of corpus 20,631,864
5 Excess distributions carryover applied to 2021. 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 87,500,965
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 2019. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2021. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2022 .......... 		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 2016 not
applied on line 5 or line 7 (see instructions) ... 		9,054,130
9 Excess distributions carryover to 2022.
Subtract lines 7 and 8 from line 6a ...... 		78,446,835
10 Analysis of line 9:
a Excess from 2017.... 9,245,126
b Excess from 2018.... 11,853,981
c Excess from 2019.... 7,922,454
d Excess from 2020.... 28,793,410
e Excess from 2021.... 20,631,864
Form 990-PF (2021)
Page 10
Form 990-PF (2021)
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 2021, enter the date of the ruling ...... bullet
 
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) 2021 (b) 2020 (c) 2019 (d) 2018
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here bullet
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
TARGET FOUNDATION
PO BOX 1455
MINNEAPOLIS,MN55440
(612) 761-9219
bThe form in which applications should be submitted and information and materials they should include:
SEE OUR FOCUS AREAS AT: HTTPS://CORPORATE.TARGET.COM/CORPORATE-RESPONSIBILITY/PHILANTHROPY/TARGET-FO UNDATION
cAny submission deadlines:
SEE OUR FOCUS AREAS AT WEB ADDRESS ABOVE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE OUR FOCUS AREAS AT WEB ADDRESS ABOVE
Form 990-PF (2021)
Page 11
Form 990-PF (2021)
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

360 COMMUNITIES

501 E HWY 13 112
BURNSVILLE,MN553370000 		  PC TRANSITION FUNDING 4,800

ACCESSABILITY INC

360 HOOVER STREET NE
MINNEAPOLIS,MN55413 		  PC RACIAL EQUITY 50,000

ACCESSIBLE SPACE INC

2550 UNIVERSITY AVENUE WEST SUITE
330N
SAINT PAUL,MN55114 		  PC TRANSITION FUNDING 4,800

ACTORS THEATER OF MINNESOTA

275 4TH ST E STE 730
SAINT PAUL,MN55101 		  PC TRANSITION FUNDING 12,000

AEON

901 N 3RD ST SUITE 150
MINNEAPOLIS,MN55401 		  PC TRANSITION FUNDING 31,200

AEON

901 N 3RD ST SUITE 150
MINNEAPOLIS,MN55401 		  PC RACIAL EQUITY 100,000

AFRICAN AMERICAN LEADERSHIP FORUM

1625 HENNEPIN AVE SUITE 200
MINNEAPOLIS,MN55403 		  PC ECOSYSTEM 75,000

AFRICAN DEVELOPMENT CENTER

1931 S 5TH ST
MINNEAPOLIS,MN554541257 		  PC RACIAL EQUITY 100,000

AFTON HISTORICAL SOCIETY PRESS

6800 FRANCE AVE S 370
EDINA,MN55435 		  PC TRANSITION FUNDING 12,000

AIN DAH YUNG OUR HOME CENTER

1089 PORTLAND AVE
SAINT PAUL,MN551047011 		  PC TRANSITION FUNDING 24,000

AIN DAH YUNG OUR HOME CENTER

1089 PORTLAND AVE
SAINT PAUL,MN551047011 		  PC RACIAL EQUITY 25,000

ALL SQUARE

4047 MINNEHAHA AVE
MINNEAPOLIS,MN554063305 		  PC RACIAL EQUITY 75,000

ALLIANCE FOR METROPOLITAN STABILITY

2525 E FRANKLIN AVE SUITE 200
MINNEAPOLIS,MN554061084 		  PC RACIAL EQUITY; 2-YEAR GRANT 150,000

ALLIANCE HOUSING INC

2309 NICOLLET AVE
MINNEAPOLIS,MN55404 		  PC RACIAL EQUITY 25,000

AMERICAN INDIAN OIC INC

1845 E FRANKLIN AVE
MINNEAPOLIS,MN554042221 		  PC RACIAL EQUITY 100,000

AMHERST H WILDER FOUNDATION

451 LEXINGTON PARKWAY NORTH
SAINT PAUL,MN55104 		  PC TRANSITION FUNDING 12,000

AMHERST H WILDER FOUNDATION

451 LEXINGTON PARKWAY NORTH
SAINT PAUL,MN55104 		  PC ECOSYSTEM 50,000

AMHERST H WILDER FOUNDATION

451 LEXINGTON PARKWAY NORTH
SAINT PAUL,MN55104 		  PC ECOSYSTEM 100,000

APPETITE FOR CHANGE INC

1200 WEST BROADWAY AVE NO 180
MINNEAPOLIS,MN554112572 		  PC RACIAL EQUITY 75,000

ARENA DANCES INC

PO BOX 50261
MINNEAPOLIS,MN55405 		  PC TRANSITION FUNDING 3,600

ASCENSION PLACE

1803 BRYANT AVE N
MINNEAPOLIS,MN55411 		  PC TRANSITION FUNDING 31,200

ASCENSION PLACE

1803 BRYANT AVE N
MINNEAPOLIS,MN55411 		  PC RACIAL EQUITY 25,000

ASIAN ECONOMIC DEVELOPMENT ASSOCIATION

422 UNIVERSITY AVE STE 14
SAINT PAUL,MN55103 		  PC RACIAL EQUITY; 2-YEAR GRANT 150,000

AURORA ST ANTHONY NEIGHBORHOOD DEVELOPMENT CORPORATION

360 UNIVERSITY AVE WEST SUITE 103
ST PAUL,MN551032465 		  PC RACIAL EQUITY; 2-YEAR GRANT 50,000

AVENUES FOR YOUTH

1708 OAK PARK AVE N
MINNEAPOLIS,MN55411 		  PC TRANSITION FUNDING 48,000

AVIVO

1900 CHICAGO AVE
MINNEAPOLIS,MN554041903 		  PC TRANSITION FUNDING 21,600

BALLET MINNESOTA

314 CHESTER STREET
SAINT PAUL,MN55107 		  PC TRANSITION FUNDING 7,200

BALLET WORKS INC

528 HENNEPIN AVENUE SUITE 215
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 16,800

BEACON INTERFAITH HOUSING COLLABORATIVE

2610 UNIVERSITY AVE W STE 100
SAINT PAUL,MN551141528 		  PC TRANSITION FUNDING 38,400

BEACON INTERFAITH HOUSING COLLABORATIVE

2610 UNIVERSITY AVE W STE 100
SAINT PAUL,MN551141528 		  PC RACIAL EQUITY 50,000

BUILD WEALTH MN INC

2121 PLYMOUTH AVENUE N
MINNEAPOLIS,MN55411 		  PC RACIAL EQUITY 200,000

CANTUS

1201 MARQUETTE AVE S SUITE 100
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 7,200

CAPI USA

5930 BROOKLYN BOULEVARD
BROOKLYN CENTER,MN55429 		  PC TRANSITION FUNDING 6,480

CAPI USA

5930 BROOKLYN BOULEVARD
BROOKLYN CENTER,MN55429 		  PC RACIAL EQUITY 150,000

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF ST PAUL & MPLS

341 CHESTER ST
ST PAUL,MN55017 		  PC TRANSITION FUNDING 120,000

CENTER FOR ECONOMIC INCLUSION

370 WABASHA ST N SUITE 900
ST PAUL,MN55102 		  PC ECOSYSTEM; 3-YEAR GRANT 1,500,000

CENTER FOR ECONOMIC INCLUSION

370 WABASHA ST N SUITE 900
ST PAUL,MN55102 		  PC ECOSYSTEM 250,000

CHARITIES AID FOUNDATION AMERICA

225 REINEKERS LANE SUITE 375
ALEXANDRIA,VA22314 		  PC SUSTAINABLE LIVELIHOODS - IN SUPPORT OF BRITISH ASIAN TRUST AND SERES 1,129,000

CHARITIES AID FOUNDATION AMERICA

225 REINEKERS LANE SUITE 375
ALEXANDRIA,VA22314 		  PC RESPONSIVE 249,315

CHARITIES REVIEW COUNCIL

1915 HWY 36 W STE133
ROSEVILLE,MN55113 		  PC RESPONSIVE 25,000

CHINESE AMERICAN CHAMBER OF COMMERCE - MN

2418 PLYMOUTH AVE N
MINNEAPOLIS,MN55411 		  PC TRANSITION FUNDING 4,800

CIRCUS OF THE STAR

1270 MONTREAL AVENUE
SAINT PAUL,MN55116 		  PC TRANSITION FUNDING 12,000

CITY OF LAKES COMMUNITY LAND TRUST

1930 GLENWOOD AVENUE
MINNEAPOLIS,MN55405 		  PC RACIAL EQUITY 75,000

CITY OF LAKES COMMUNITY LAND TRUST

1930 GLENWOOD AVENUE
MINNEAPOLIS,MN55405 		  PC ECOSYSTEM 100,000

CLARE HOUSING

929 CENTRAL AVE NE
MINNEAPOLIS,MN554132404 		  PC TRANSITION FUNDING 4,800

COALITION OF ASIAN AMERICAN LEADERS

941 LAFOND AVE STE 205
SAINT PAUL,MN551042110 		  PC ECOSYSTEM 75,000

COFFEE HOUSE PRESS

79 13TH AVE NE SUITE 110
MINNEAPOLIS,MN55413 		  PC TRANSITION FUNDING 19,200

COLLABORATING FOR RESILIENCE

1100 13TH STREET NW SUITE 800
WASHINGTON DC,DC20005 		  PC SUSTAINABLE LIVELIHOODS; 2-YEAR GRANT 375,000

COMMON FUTURE

2323 BROADWAY
OAKLAND,CA946122414 		  PC FINANCIAL SECURITY 250,000

COMMONBOND COMMUNITIES

1080 MONTREAL AVE
ST PAUL,MN551162694 		  PC TRANSITION FUNDING 48,000

COMMONBOND COMMUNITIES

1080 MONTREAL AVE
ST PAUL,MN551162694 		  PC RACIAL EQUITY 75,000

COMMUNITY EMERGENCY ASSISTANCE PROGRAM

7051 BROOKLYN BOULEVARD
BROOKLYN CENTER,MN55429 		  PC TRANSITION FUNDING 21,600

COMMUNITY REINVESTMENT FUND USA

801 NICOLLET MALL SUITE 1700W
MINNEAPOLIS,MN55402 		  PC RACIAL EQUITY 75,000

COMMUNITY REINVESTMENT FUND USA

801 NICOLLET MALL SUITE 1700W
MINNEAPOLIS,MN55402 		  PC ECOSYSTEM 250,000

COMPAS INC

475 CLEVELAND AVE N STE 222
SAINT PAUL,MN551045589 		  PC TRANSITION FUNDING 9,600

COMUNIDADES LATINAS UNIDAS EN SERVICIO INC

797 7TH ST E
SAINT PAUL,MN551065014 		  PC RACIAL EQUITY 100,000

CONTEMPORARY DANCE ARTS INC

528 HENNEPIN AVENUE SUITE 401
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 3,600

CONTINENTAL BALLET COMPANY

1800 WEST OLD SHAKOPEE ROAD
BLOOMINGTON,MN55431 		  PC TRANSITION FUNDING 2,400

COOKIE CART

1119 W BROADWAY AVE
MINNEAPOLIS,MN554112505 		  PC RACIAL EQUITY 50,000

COPAL (COMUNIDADES ORGANIZANDO EL PODER Y LA ACCIN LATINA)

3702 E LAKE ST
MINNEAPOLIS,MN554062156 		  PC RACIAL EQUITY 25,000

DAKOTA WOODLANDS INC

3430 WESCOTT WOODLANDS
EAGAN,MN551231229 		  PC TRANSITION FUNDING 19,440

DASRA US

ONE RIVERWAY DR STE 1900
HOUSTON,TX77056 		  PC ECOSYSTEM; 3-YEAR GRANT 300,000

ECHOING GREEN INC

462 7TH AVENUE 13TH FLOOR
NEW YORK,NY100187430 		  PC ECOSYSTEM; 2-YEAR GRANT 500,000

ELPIS ENTERPRISES

2161 UNIVERSITY AVENUE WEST SUITE
112
ST PAUL,MN551141319 		  PC RACIAL EQUITY 25,000

EMERGE COMMUNITY DEVELOPMENT

1834 EMERSON AVE N
MINNEAPOLIS,MN554113229 		  PC TRANSITION FUNDING 60,000

EMERGE COMMUNITY DEVELOPMENT

1834 EMERSON AVE N
MINNEAPOLIS,MN554113229 		  PC RACIAL EQUITY 75,000

EMMA NORTON SERVICES

670 ROBERT STREET NORTH
SAINT PAUL,MN55101 		  PC TRANSITION FUNDING 10,800

EMMA NORTON SERVICES

670 ROBERT STREET NORTH
SAINT PAUL,MN55101 		  PC RACIAL EQUITY 25,000

EXODUS FINANCIAL SERVICES

2380 WYCLIFF STREET SUITE B-100
ST PAUL,MN55114 		  PC RACIAL EQUITY 20,000

FACE TO FACE HEALTH AND COUNSELING SERVICE INC

1165 ARCADE STREET
SAINT PAUL,MN55106 		  PC TRANSITION FUNDING 12,960

FAMILY HOUSING FUND

310 4TH AVE SOUTH SUITE 9000
MINNEAPOLIS,MN55415 		  SO I TRANSITION FUNDING 24,000

FAMILY HOUSING FUND

310 4TH AVE SOUTH SUITE 9000
MINNEAPOLIS,MN55415 		  SO I RACIAL EQUITY 75,000

FILENE RESEARCH INSTITUTE INC

1010 E WASHINGTON AVE STE 306
MADISON,WI537034416 		  PC FINANCIAL SECURITY 200,000

FILMNORTH

550 VANDALIA ST STE 120
SAINT PAUL,MN551141943 		  PC TRANSITION FUNDING 7,200

FLYING FOOT FORUM

3105 GARFIELD AVENUE SOUTH
MINNEAPOLIS,MN55408 		  PC TRANSITION FUNDING 4,050

FRIENDS OF THE MINNESOTA SINFONIA

901 N 3RD ST 112
MINNEAPOLIS,MN55401 		  PC TRANSITION FUNDING 16,800

FUND FOR GLOBAL HUMAN RIGHTS

1301 CONNECTICUT AVE NW STE 400
WASHINGTON,DC20036 		  PC RESPONSIVE 100,000

GLOBAL FUND FOR WOMEN

800 MARKET STREET 7TH FLOOR
SAN FRANCISCO,CA94102 		  PC RESPONSIVE 50,000

GRAYWOLF PRESS

250 THIRD AVENUE NORTH SUITE 600
MINNEAPOLIS,MN55401 		  PC TRANSITION FUNDING 19,200

GREATER METROPOLITAN HOUSING CORPORATION

15 SOUTH 5TH STREET SUITE 710
MINNEAPOLIS,MN55402 		  PC TRANSITION FUNDING 31,200

GREATER MINNEAPOLIS COUNCIL OF CHURCHES

1100 EAST LAKE STREET
MINNEAPOLIS,MN55407 		  PC TRANSITION FUNDING 36,000

GREATER MINNEAPOLIS CRISIS NURSERY

4544 4TH AVE S
MINNEAPOLIS,MN55419 		  PC TRANSITION FUNDING 21,600

GREATER TWIN CITIES UNITED WAY

404 S 8TH STREET
MINNEAPOLIS,MN55404 		  PC RESPONSIVE 90,000

GREATER TWIN CITIES YOUTH SYMPHONIES

408 SAINT PETER ST STE 300
SAINT PAUL,MN551021123 		  PC TRANSITION FUNDING 7,200

GUILD

122 WABASHA STREET S 400
SAINT PAUL,MN55107 		  PC TRANSITION FUNDING 15,120

H I R E D

217 5TH AVE N 3RD FL
MINNEAPOLIS,MN554011258 		  PC RACIAL EQUITY 75,000

HAP ECONOMIC & COMMUNITY DEVELOPMENT CORPORATION

1075 ARCADE STREET
SAINT PAUL,MN55106 		  PC RACIAL EQUITY 75,000

HEADWATERS FOUNDATION FOR JUSTICE

2801 21ST AVE S STE 132B
MINNEAPOLIS,MN554075778 		  PC ECOSYSTEM 75,000

HELP AT YOUR DOOR

8441 WAYZATA BLVD SUITE 160
GOLDEN VALLEY,MN55426 		  PC TRANSITION FUNDING 8,640

HIGHPOINT CENTER FOR PRINTMAKING

912 WEST LAKE STREET
MINNEAPOLIS,MN55408 		  PC TRANSITION FUNDING 12,000

HISTORY THEATRE

30 E 10TH STREET
SAINT PAUL,MN55101 		  PC TRANSITION FUNDING 24,000

HMONG AMERICAN FARMERS ASSOCIATION

149 THOMPSON AVENUE EAST SUITE 210
WEST SAINT PAUL,MN55118 		  PC RACIAL EQUITY 150,000

HOME LINE

8011 34TH AVE S STE 126
BLOOMINGTON,MN554252081 		  PC RACIAL EQUITY 25,000

HOPE COMMUNITY

611 EAST FRANKLIN AVENUE
MINNEAPOLIS,MN55404 		  PC TRANSITION FUNDING 21,600

HOPE COMMUNITY

611 EAST FRANKLIN AVENUE
MINNEAPOLIS,MN55404 		  PC RACIAL EQUITY 200,000

HOUSING JUSTICE CENTER

275 4TH STREET E 605
SAINT PAUL,MN55101 		  PC RACIAL EQUITY 25,000

HOUSINGLINK

1400 VAN BUREN ST NE STE 215
MINNEAPOLIS,MN55413 		  PC TRANSITION FUNDING 7,200

ILLUSION THEATER AND SCHOOL INC

C/O 3120 HUMBOLDT AVENUE SOUTH
MINNEAPOLIS,MN55408 		  PC TRANSITION FUNDING 26,400

IN THE HEART OF THE BEAST PUPPET & MASK THEATRE

1500 E LAKE STREET
MINNEAPOLIS,MN55407 		  PC TRANSITION FUNDING 16,800

INCLUSIV

39 BROADWAY RM 2140
NEW YORK,NY100063063 		  PC FINANCIAL SECURITY 200,000

INQUILINXS UNIDXS POR JUSTICIA

3715 CHICAGO AVE
MINNEAPOLIS,MN554072610 		  PC RACIAL EQUITY; 2-YEAR GRANT 100,000

INTERACT CENTER FOR THE VISUAL AND PERFORMING ARTS

1860 MINNEHAHA AVENUE
SAINT PAUL,MN55104 		  PC TRANSITION FUNDING 4,800

INTERCONGREGATION COMMUNITIES ASSOCIATION INC

12990 SAINT DAVIDS RD
MINNETONKA,MN553054117 		  PC TRANSITION FUNDING 12,000

INTERFAITH ACTION OF GREATER SAINT PAUL

1671 SUMMIT AVENUE
SAINT PAUL,MN55105 		  PC TRANSITION FUNDING 4,800

INTERFAITH OUTREACH AND COMMUNITY PARTNERS

1605 COUNTY ROAD 101 N
PLYMOUTH,MN554472708 		  PC TRANSITION FUNDING 24,000

INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE

1201 EYE ST NW
WASHINGTON,DC200055905 		  PC SUSTAINABLE LIVELIHOODS; 3-YEAR GRANT 300,000

INTERNATIONAL INSTITUTE OF MINNESOTA

1694 COMO AVENUE
SAINT PAUL,MN55108 		  PC RACIAL EQUITY 75,000

ISSARA INSTITUTE INC

555 BRYANT STREET UNIT 871
PALO ALTO,CA943011704 		  PC SUSTAINABLE LIVELIHOODS; 3-YEAR GRANT 1,000,000

JAWAAHIR DANCE COMPANY

3010 MINNEHAHA AVENUE SOUTH
MINNEAPOLIS,MN55406 		  PC TRANSITION FUNDING 2,400

JAZZMN INC

PO BOX 8162
ST PAUL,MN55108 		  PC TRANSITION FUNDING 1,680

JEREMIAH PROGRAM

1510 LAUREL AVENUE
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 24,000

JEREMIAH PROGRAM

1510 LAUREL AVENUE
MINNEAPOLIS,MN55403 		  PC RACIAL EQUITY 25,000

JOBS FOUNDATION

860 VANDALIA ST
SAINT PAUL,MN551141305 		  PC RACIAL EQUITY 50,000

JUNGLE THEATER

2951 LYNDALE AVE SOUTH
MINNEAPOLIS,MN554082111 		  PC TRANSITION FUNDING 43,200

JUXTAPOSITION INC

2007 EMERSON AVE N
MINNEAPOLIS,MN554112507 		  PC TRANSITION FUNDING 9,600

KAREN ORGANIZATION OF MINNESOTA

2353 RICE ST STE 240
ROSEVILLE,MN55113 		  PC RACIAL EQUITY 50,000

KATHA DANCE THEATRE

5444 ORCHARD AVE N
CRYSTAL,MN55429 		  PC TRANSITION FUNDING 2,400

KEYSTONE COMMUNITY SERVICES

2000 ST ANTHONY AVENUE
SAINT PAUL,MN551045125 		  PC TRANSITION FUNDING 14,400

KULTURE KLUB COLLABORATIVE

41 N 12TH ST
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 6,000

LAKE STREET COUNCIL

919 E LAKE ST
MINNEAPOLIS,MN554071615 		  PC RACIAL EQUITY 75,000

LATINOLEAD

797 E 7TH STREET NO 151
ST PAUL,MN551060000 		  PC ECOSYSTEM 50,000

LISTENING HOUSE OF ST PAUL INC

464 MARIA AVENUE
ST PAUL,MN55106 		  PC TRANSITION FUNDING 17,280

LITTLE BROTHERS - FRIENDS OF THE ELDERLY

1845 EAST LAKE STREET
MINNEAPOLIS,MN55407 		  PC TRANSITION FUNDING 4,800

LOAVES AND FISHES TOO

721 KASOTA AVE SE
MINNEAPOLIS,MN554142842 		  PC TRANSITION FUNDING 28,080

LOCAL INITIATIVES SUPPORT CORPORATION

570 ASBURY STREET SUITE 207
ST PAUL,MN551041850 		  PC RACIAL EQUITY 175,000

LOFT INC

1011 WASHINGTON AVENUE SOUTH STE
200
MINNEAPOLIS,MN55415 		  PC TRANSITION FUNDING 28,800

LUNAR STARTUPS

2917 W 54TH ST
MINNEAPOLIS,MN55410 		  PC RACIAL EQUITY 50,000

LUTHERAN SOCIAL SERVICE OF MINNESOTA

2485 COMO AVE
SAINT PAUL,MN551081445 		  PC TRANSITION FUNDING 43,200

MACPHAIL CENTER FOR MUSIC

501 SOUTH SECOND STREET
MINNEAPOLIS,MN55401 		  PC TRANSITION FUNDING 14,400

MASSACHUSETTS INSTITUTE OF TECHNOLOGY

77 MASSACHUSETTS AVENUE NE49-3142
CAMBRIDGE,MA021394307 		  PC SUSTAINABLE LIVELIHOODS; 3-YEAR GRANT 1,200,000

MERRICK COMMUNITY SERVICES

1669 ARCADE STREET NORTH SUITE 4
SAINT PAUL,MN55106 		  PC TRANSITION FUNDING 4,800

METRO MEALS ON WHEELS INC

1200 WASHINGTON AVE S STE380
MINNEAPOLIS,MN55415 		  PC TRANSITION FUNDING 15,120

METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS

3137 CHICAGO AVENUE
MINNEAPOLIS,MN55407 		  PC RACIAL EQUITY 50,000

METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION

1256 PENN AVE N STE 4800
MINNEAPOLIS,MN55411 		  PC RACIAL EQUITY 75,000

METROPOLITAN SYMPHONY ORCHESTRA

PO BOX 581213
MINNEAPOLIS,MN55458 		  PC TRANSITION FUNDING 2,400

MICROGRANTS

3817 PLEASANT AVE S
MINNEAPOLIS,MN55409 		  PC RACIAL EQUITY 25,000

MIDWAY CONTEMPORARY ART

527 SECOND AVE SE
MINNEAPOLIS,MN55414 		  PC TRANSITION FUNDING 2,400

MILKWEED EDITIONS

1011 WASHINGTON AVENUE SOUTH OPEN
BOOK SUITE 300
MINNEAPOLIS,MN55415 		  PC TRANSITION FUNDING 26,400

MINNEAPOLIS DOWNTOWN COUNCIL

81 SOUTH 9TH STREET SUITE 260
MINNEAPOLIS,MN55402 		  PC RACIAL EQUITY 50,000

MINNEAPOLIS POPS ORCHESTRA ASSOCIATION

2712 - 41ST AVENUE SOUTH
MINNEAPOLIS,MN55406 		  PC TRANSITION FUNDING 5,040

MINNESOTA AFRICANS UNITED

8417 REGENT AVENUE NORTH 103
MINNEAPOLIS,MN55443 		  PC RACIAL EQUITY; 2-YEAR GRANT 50,000

MINNESOTA ASSISTANCE COUNCIL FOR VETERANS

1000 UNIVERSITY AVE W STE 10
SAINT PAUL,MN551044747 		  PC TRANSITION FUNDING 9,600

MINNESOTA ASSISTANCE COUNCIL FOR VETERANS

1000 UNIVERSITY AVE W STE 10
SAINT PAUL,MN551044747 		  PC RACIAL EQUITY 25,000

MINNESOTA CENTER FOR BOOK ARTS

1011 WASHINGTON AVE S STE 100
MINNEAPOLIS,MN55415 		  PC TRANSITION FUNDING 19,200

MINNESOTA CHORALE

1200 MARQUETTE AVE SUITE 100
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 12,000

MINNESOTA COUNCIL OF NONPROFITS

2314 UNIVERSITY AVENUE W SUITE 20
SAINT PAUL,MN55114 		  PC ECOSYSTEM 40,000

MINNESOTA DANCE THEATRE & SCHOOL

528 HENNEPIN AVENUE - 6TH FLOOR
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 21,600

MINNESOTA HISTORICAL SOCIETYMILL CITY MUSEUM

345 KELLOGG BLVD W
SAINT PAUL,MN55102 		  PC TRANSITION FUNDING 12,000

MINNESOTA HOMEOWNERSHIP CENTER

1000 PAYNE AVENUE SUITE 200
SAINT PAUL,MN55130 		  PC TRANSITION FUNDING 21,600

MINNESOTA HOMEOWNERSHIP CENTER

1000 PAYNE AVENUE SUITE 200
SAINT PAUL,MN55130 		  PC RACIAL EQUITY 25,000

MINNESOTA HOUSING PARTNERSHIP

2446 UNIVERSITY AVE W STE 140
SAINT PAUL,MN551141740 		  PC RACIAL EQUITY 25,000

MINNESOTA JEWISH THEATRE COMPANY

PO BOX 16155
ST PAUL,MN55116 		  PC TRANSITION FUNDING 7,200

MINNESOTA MUSEUM OF AMERICAN ART

350 ROBERT STREET N
ST PAUL,MN55101 		  PC TRANSITION FUNDING 16,800

MINNESOTA OPERA

620 NORTH FIRST STREET
MINNEAPOLIS,MN55401 		  PC TRANSITION FUNDING 67,200

MISSION ASSET FUND

3269 MISSION ST
SAN FRANCISCO,CA94110 		  PC FINANCIAL SECURITY 250,000

MIXED BLOOD THEATRE COMPANY

1501 SOUTH 4TH STREET
MINNEAPOLIS,MN55454 		  PC TRANSITION FUNDING 26,400

MNI SOTA FUND

1113 E FRANKLIN AVE STE 200
MINNEAPOLIS,MN554042977 		  PC RACIAL EQUITY; 2-YEAR GRANT 200,000

MODEL CITIES OF ST PAUL INC

839 UNIVERSITY AVENUE WEST
ST PAUL,MN55104 		  PC RACIAL EQUITY 75,000

NATIONAL ASIAN PACIFIC AMERICAN WOMEN'S FORUM

PO BOX 13255
CHICAGO,IL60613 		  PC RESPONSIVE 75,000

NATIONAL COALITION FOR ASIAN PACIFIC AMERICAN COMMUNITY DEVELOPMENT

1825 SAN PABLO AVE SUITE 2
OAKLAND,CA94612 		  PC FINANCIAL SECURITY 200,000

NATIVE GOVERNANCE CENTER

1730 NEW BRIGHTON BLVD SUITE
104-236
MINNEAPOLIS,MN55413 		  PC ECOSYSTEM 80,000

NEIGHBORHOOD DEVELOPMENT ALLIANCE INC

481 WABASHA STREET SOUTH
ST PAUL,MN55107 		  SO I RACIAL EQUITY 50,000

NEIGHBORHOOD DEVELOPMENT CENTER INC

663 UNIVERSITY AVE W STE 200
SAINT PAUL,MN551045097 		  PC RACIAL EQUITY 100,000

NEIGHBORHOOD HOUSE

179 ROBIE ST E
SAINT PAUL,MN551072360 		  PC TRANSITION FUNDING 16,800

NEIGHBORHOOD TRUST FINANCIAL PARTNERS

530 W 166TH ST FL 4
NEW YORK,NY100324208 		  PC FINANCIAL SECURITY 250,000

NEIGHBORS INC

222 GRAND AVENUE
SOUTH SAINT PAUL,MN550752089 		  PC TRANSITION FUNDING 7,200

NEW MEXICO COMMUNITY CAPITAL CO NATIVE WOMEN LEAD

301 GOLD AVE SW STE 102
ALBUQUERQUE,NM87102 		  PC ECOSYSTEM; 2-YEAR GRANT 400,000

NEW VENTURE FUND (CO-IMPACT)

1201 CONNECTICUT AVE NW STE 300
WASHINGTON,DC200362611 		  PC ECOSYSTEM; 3-YEAR GRANT 1,000,000

NEXUS COMMUNITY PARTNERS

2314 UNIVERSITY AVE W STE 18
SAINT PAUL,MN551141863 		  PC RACIAL EQUITY 100,000

NORTHERN CLAY CENTER

2424 E FRANKLIN AVE
MINNEAPOLIS,MN55406 		  PC TRANSITION FUNDING 16,800

NORTHSIDE ACHIEVEMENT ZONE

2123 W BROADWAY AVE STE 100
MINNEAPOLIS,MN554111870 		  PC TRANSITION FUNDING 400,000

NORTHSIDE ECONOMIC OPPORTUNITY NETWORK

1007 W BROADWAY AVE
MINNEAPOLIS,MN554112503 		  PC RACIAL EQUITY 150,000

OKLAHOMA NATIVE ASSETS COALITION INC

PO BOX 21804
OKLAHOMA CITY,OK731561804 		  PC FINANCIAL SECURITY 100,000

OPEN EYE FIGURE THEATRE

506 EAST 24TH STREET
MINNEAPOLIS,MN55404 		  PC TRANSITION FUNDING 2,400

OUR SAVIOUR'S COMMUNITY SERVICES

2315 CHICAGO AVE
MINNEAPOLIS,MN554043843 		  PC TRANSITION FUNDING 28,800

PANGEA WORLD THEATER

711 WEST LAKE STREET SUITE 101
MINNEAPOLIS,MN55408 		  PC TRANSITION FUNDING 7,200

PARK SQUARE THEATRE COMPANY

408 SAINT PETER ST STE 110
SAINT PAUL,MN551021121 		  PC TRANSITION FUNDING 26,400

PENUMBRA THEATRE

270 NORTH KENT STREET
SAINT PAUL,MN55102 		  PC TRANSITION FUNDING 31,200

PEOPLE REACHING OUT TO OTHER PEOPLE INC PROP

14700 MARTIN DR
EDEN PRAIRIE,MN553442010 		  PC TRANSITION FUNDING 4,800

PEOPLE RESPONDING IN SOCIAL MINISTRY

1220 ZANE AVE N
GOLDEN VALLEY,MN554224608 		  PC TRANSITION FUNDING 14,400

PEOPLE SERVING PEOPLE INC CHARITIES

614 S 3RD ST
MINNEAPOLIS,MN554151104 		  PC TRANSITION FUNDING 96,000

PERSPECTIVES INC

3381 GORHAM AVE
ST LOUIS PARK,MN55426 		  PC TRANSITION FUNDING 72,000

PHYLLIS WHEATLEY COMMUNITY CENTER

1301 10TH AVENUE NORTH
MINNEAPOLIS,MN55411 		  PC RACIAL EQUITY 50,000

PILLSBURY UNITED COMMUNITIES

3650 FREMONT AVE NO
MINNEAPOLIS,MN55412 		  PC TRANSITION FUNDING 16,800

PILLSBURY UNITED COMMUNITIES

3650 FREMONT AVE NO
MINNEAPOLIS,MN55412 		  PC ECOSYSTEM 50,000

PLYMOUTH CHRISTIAN YOUTH CENTER

2210 OLIVER AVENUE NORTH
MINNEAPOLIS,MN55411 		  PC TRANSITION FUNDING 12,000

PREPARE AND PROSPER

2610 UNIVERSITY AVE W STE 450
SAINT PAUL,MN551141055 		  PC RACIAL EQUITY 50,000

PRG INC

2017 E 38TH STREET
MINNEAPOLIS,MN55407 		  PC RACIAL EQUITY 45,000

PROJECT FOR PRIDE IN LIVING INC

1035 E FRANKLIN AVE
MINNEAPOLIS,MN554042920 		  PC TRANSITION FUNDING 96,000

PROJECT FOR PRIDE IN LIVING INC

1035 E FRANKLIN AVE
MINNEAPOLIS,MN554042920 		  PC RACIAL EQUITY 75,000

PROJECT SUCCESS-STUDENTS UNDERTAKING CREATIVE CONTROL

ONE GROVELAND TERRACE SUITE 300
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 24,000

PROPEL NONPROFITS

1 SE MAIN STREET SUITE 600
MINNEAPOLIS,MN55414 		  PC ECOSYSTEM 40,000

RACE FORWARD

145 EAST 57TH STREET FOURTH FLOOR
NEW YORK,NY10022 		  PC ECOSYSTEM; 2-YEAR GRANT 500,000

RAGAMALA DANCE

711 WEST LAKE STREET SUITE 305
MINNEAPOLIS,MN55408 		  PC TRANSITION FUNDING 12,000

RAIN TAXI

PO BOX 3840
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 6,480

RAMSEY COUNTY HISTORICAL SOCIETY

75 5TH ST W SUITE 323
SAINT PAUL,MN55102 		  PC TRANSITION FUNDING 7,200

RED EYE COLLABORATION

2213 SNELLING AVE
MINNEAPOLIS,MN55404 		  PC TRANSITION FUNDING 7,200

REDEEMER CENTER FOR LIFE

1800 GLENWOOD AVE N
MINNEAPOLIS,MN55405 		  PC RACIAL EQUITY 25,000

RENT REPORTER INC

215 WEST 125TH STREET RM 410
NEW YORK,NY100274426 		  PC RESPONSIVE 200,000

SABATHANI COMMUNITY CENTER

310 E 38TH STREET
MINNEAPOLIS,MN55409 		  PC TRANSITION FUNDING 79,380

SABATHANI COMMUNITY CENTER

310 E 38TH STREET
MINNEAPOLIS,MN55409 		  PC RACIAL EQUITY 75,000

SAKAN COMMUNITY RESOURCE

1701 AMERICAN BLVD SUITE 6
BLOOMINGTON,MN55420 		  PC RACIAL EQUITY; 2-YEAR GRANT 60,000

SAVERLIFE

235 MONTGOMERY ST STE 1050
SAN FRANCISCO,CA941043008 		  PC FINANCIAL SECURITY 250,000

SERVEMINNESOTA

120 SOUTH 6TH STREET SUITE 2260
MINNEAPOLIS,MN55402 		  PC RESPONSIVE 200,000

SEWARD REDESIGN INC

2619 EAST FRANKLIN AVENUE
MINNEAPOLIS,MN55406 		  PC ECOSYSTEM 50,000

SHARING AND CARING HANDS INC

525 NORTH 7TH STREET
MINNEAPOLIS,MN55405 		  PC TRANSITION FUNDING 48,000

SIMPSON HOUSING SERVICES INC

160 GLENWOOD AVENUE
MINNEAPOLIS,MN55405 		  PC TRANSITION FUNDING 72,000

SKYLARK OPERA

75 5TH ST W STE 224
SAINT PAUL,MN55102 		  PC TRANSITION FUNDING 7,200

SOLID GROUND

3521 CENTURY AVE N
WHITE BEAR LAKE,MN551105689 		  PC TRANSITION FUNDING 9,600

SOO VISUAL ARTS CENTER

2909 BRYANT AVENUE SOUTH 101
MINNEAPOLIS,MN55408 		  PC TRANSITION FUNDING 2,400

SOUTHERN MINNESOTA INITIATIVE FOUNDATION

525 FLORENCE AVE
OWATONNA,MN55060 		  PC RACIAL EQUITY 25,000

SPRING IMPACT INC

5214F DIAMOND HEIGHTS BLVD 961
SAN FRANCISCO,CA94131 		  PC SUSTAINABLE LIVELIHOODS; 2-YEAR GRANT 325,000

SPRINGBOARD FOR THE ARTS

262 UNIVERSITY AVE W
SAINT PAUL,MN55103 		  PC RACIAL EQUITY 100,000

SPRINGBOARD TO OPPORTUNITIES

854 N JEFFERSON ST
JACKSON,MS392024139 		  PC FINANCIAL SECURITY 175,000

ST LOUIS PARK EMERGENCY PROGRAM INC

6812 W LAKE ST
ST LOUIS PARK,MN554264208 		  PC TRANSITION FUNDING 4,800

ST STEPHENS HUMAN SERVICES INC

2309 NICOLLET AVE
MINNEAPOLIS,MN554043315 		  PC TRANSITION FUNDING 40,800

ST PAUL & MINNESOTA FOUNDATION

101 5TH ST E STE 2400
SAINT PAUL,MN551011800 		  PC RACIAL EQUITY 50,000

STAGES THEATRE COMPANY INC

1111 MAIN STREET
HOPKINS,MN553437552 		  PC TRANSITION FUNDING 31,200

STEPPINGSTONE THEATRE

408 ST PETER STREET STE 110
SAINT PAUL,MN55102 		  PC TRANSITION FUNDING 19,200

STUART PIMSLER DANCE & THEATER

1937 GLENWOOD PARKWAY
MINNEAPOLIS,MN55422 		  PC TRANSITION FUNDING 7,200

STUDIONE-EIGHTY

2924 FOURTH AVENUE SOUTH
MINNEAPOLIS,MN55408 		  PC RACIAL EQUITY 25,000

TEATRO DEL PUEBLO

209 PAGE ST W 208
SAINT PAUL,MN55107 		  PC TRANSITION FUNDING 2,400

TEN THOUSAND THINGS THEATER COMPANY

1430 CONCORDIA AVENUE 40216
SAINT PAUL,MN55104 		  PC TRANSITION FUNDING 4,800

TEXTILE CENTER OF MINNESOTA

3000 UNIVERSITY AVE SE
MINNEAPOLIS,MN55414 		  PC TRANSITION FUNDING 7,200

THE ACUMEN FUND INC

40 WORTH STREET SUITE 303
NEW YORK,NY10013 		  PC SUSTAINABLE LIVELIHOODS; 3-YEAR GRANT 1,000,000

THE ACUMEN FUND INC

40 WORTH STREET SUITE 303
NEW YORK,NY10013 		  PC FINANCIAL SECURITY 150,000

THE BRIDGE FOR YOUTH

1111 W 22ND ST
MINNEAPOLIS,MN554052705 		  PC TRANSITION FUNDING 86,400

THE CEDAR CULTURAL CENTER INC

416 CEDAR AVE S
MINNEAPOLIS,MN554541033 		  PC TRANSITION FUNDING 16,800

THE GIVENS FOUNDATION FOR AFRICAN AMERICAN LITERATURE

5775 WAYZATA BLVD SUITE 700
ST LOUIS PARK,MN55416 		  PC TRANSITION FUNDING 9,600

THE KAREN L CHARLES THREADS DANCE PROJECT

2213 SNELLING AVE
MINNEAPOLIS,MN55404 		  PC TRANSITION FUNDING 2,400

THE LINK

1210 GLENWOOD AVE
MINNEAPOLIS,MN554051415 		  PC TRANSITION FUNDING 24,000

THE MUSEUM OF RUSSIAN ART

5500 STEVENS AVENUE
MINNEAPOLIS,MN55419 		  PC TRANSITION FUNDING 7,200

THE POWER OF PEOPLE LEADERSHIP INSTITUTE

600 18TH AVE N STE 1
MINNEAPOLIS,MN554113368 		  PC RACIAL EQUITY; 2-YEAR GRANT 100,000

THE SCHUBERT CLUB

75 WEST 5TH STREET SUITE 302
ST PAUL,MN55102 		  PC TRANSITION FUNDING 16,800

THE WORKERS LAB

1111 BROADWAY FLOOR 3
OAKLAND,CA946074139 		  PC FINANCIAL SECURITY 250,000

THEATER MU INC

755 PRIOR AVENUE N 107
SAINT PAUL,MN55104 		  PC TRANSITION FUNDING 9,600

THEATRE LATTE-DA

345 13TH AVE NE
MINNEAPOLIS,MN55413 		  PC TRANSITION FUNDING 9,600

TIWAHE FOUNDATION

570 ASBURY ST STE 104
SAINT PAUL,MN551041852 		  PC ECOSYSTEM 40,000

TU DANCE

PO BOX 40405
SAINT PAUL,MN55104 		  PC TRANSITION FUNDING 7,200

TWIN CITIES GAY MEN'S CHORUS

528 HENNEPIN AVENUE SUITE 307
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 4,800

TWIN CITIES HABITAT FOR HUMANITY

1954 UNIVERSITY AVE
ST PAUL,MN55104 		  PC TRANSITION FUNDING 60,000

TWIN CITIES HABITAT FOR HUMANITY

1954 UNIVERSITY AVE
ST PAUL,MN55104 		  PC RACIAL EQUITY 25,000

UJAMAA PLACE

1821 UNIVERSITY AVE W STE N187
SAINT PAUL,MN551042870 		  PC RACIAL EQUITY 200,000

UPTOGETHER

663 13TH ST STE 200
OAKLAND,CA946121275 		  PC FINANCIAL SECURITY 500,000

URBAN HOMEWORKS INC

2015 EMERSON AVE N
MINNEAPOLIS,MN55411 		  PC TRANSITION FUNDING 7,200

URBAN VENTURES LEADERSHIP FOUNDATION

2924 4TH AVE S
MINNEAPOLIS,MN554082438 		  PC TRANSITION FUNDING 24,000

VAIL PLACE

23 9TH AVENUE SOUTH
HOPKINS,MN55343 		  PC TRANSITION FUNDING 6,480

VEAP INC

9600 ALDRICH AVE S
BLOOMINGTON,MN554204210 		  PC TRANSITION FUNDING 9,600

VOCALESSENCE

1900 NICOLLET AVENUE
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 28,800

VOICES FOR RACIAL JUSTICE

2525 E FRANKLIN AVE STE 301
MINNEAPOLIS,MN554061198 		  PC ECOSYSTEM 50,000

WAYSIDE RECOVERY CENTER

3705 PARK CENTER BLVD
MINNEAPOLIS,MN554162504 		  PC TRANSITION FUNDING 15,120

WEISMAN ART MUSEUM UNIVERSITY OF MINNESOTA

PO BOX 860266
MINNEAPOLIS,MN55486 		  PC TRANSITION FUNDING 24,000

WEST BROADWAY BUSINESS AND AREA COALITION

1011 W BROADWAY AVE STE 202
MINNEAPOLIS,MN554112566 		  PC RACIAL EQUITY; 2-YEAR GRANT 150,000

WEST SIDE CITIZENS ORGANIZATION

209 PAGE ST W
ST PAUL,MN55107 		  PC RACIAL EQUITY; 2-YEAR GRANT 80,000

WOMEN VENTURE

2021 E HENNEPIN AVE STE 200
MINNEAPOLIS,MN554132724 		  PC RACIAL EQUITY 25,000

WOMENS FOUNDATION OF MINNESOTA

105 5TH AVE S STE 300
MINNEAPOLIS,MN554016050 		  PC ECOSYSTEM 100,000

YOUNG WOMENS CHRISTIAN ASSOCIATION

375 SELBY AVE
SAINT PAUL,MN551021822 		  PC TRANSITION FUNDING 28,800

YOUNG WOMENS CHRISTIAN ASSOCIATION

375 SELBY AVE
SAINT PAUL,MN551021822 		  PC RACIAL EQUITY 50,000

YOUTH PERFORMANCE COMPANY

641 FAIRVIEW AVE N STE 191
SAINT PAUL,MN551041744 		  PC TRANSITION FUNDING 16,800

YOUTHLINK

41 N 12TH ST
MINNEAPOLIS,MN554031325 		  PC TRANSITION FUNDING 48,000

YOUTHPRISE

3001 BROADWAY STREET NE SUITE 330
MINNEAPOLIS,MN55413 		  PC RACIAL EQUITY 200,000

ZEITGEIST

275 EAST FOURTH STREET SUITE 200
SAINT PAUL,MN55101 		  PC TRANSITION FUNDING 7,200

ZENON DANCE COMPANY AND SCHOOL INC

528 HENNEPIN AVENUE
MINNEAPOLIS,MN55403 		  PC TRANSITION FUNDING 12,000

ZOOM HOUSE

3244 BLAISDELL AVENUE SOUTH 7
MINNEAPOLIS,MN55408 		  PC TRANSITION FUNDING 4,320

ZORONGO FLAMENCO DANCE THEATER

3715 MINNEHAHA AVENUE S STE C
MINNEAPOLIS,MN55406 		  PC TRANSITION FUNDING 5,040
Total ................................. bullet3a 23,492,025
bApproved for future payment

IFRE INC
250 W 55TH ST 25TH FLOOR SUITE 25B
NEW YORK,NY10019 		  PC ECOSYSTEM; 3-YEAR GRANT 300,000
Total .................................bullet 3b 300,000
Form 990-PF (2021)
Page 12
Form 990-PF (2021)
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 ........... 		    14 20,175  
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 20,175 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
20,175
(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 (2021)
Page 13
Form 990-PF (2021)
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.
Bullet 2022-11-07 Bullet
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's nameANNA KOLAKALURI Preparer's Signature   Date   PTIN P01696738
Firm's name SmallBulletDELOITTE TAX LLP
  		Firm's EIN SmallBullet86-1065772  
Firm's address SmallBullet50 SOUTH SIXTH STREET
 
MINNEAPOLIS, MN55402
 Phone no. (612) 397-4000
Form 990-PF (2021)
Additional Data


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