<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-04-09T08:26:50-04:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>421394940</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ANDERSON LOWER WHITLOW PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1805 STATE ST STE 201</AddressLine1Txt>
        <CityNm>BETTENDORF</CityNm>
        <StateAbbreviationCd>IA</StateAbbreviationCd>
        <ZIPCd>52722</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>273945904</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>JENSEN PRIVATE FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>JENS</BusinessNameControlTxt>
      <PhoneNum>5632636589</PhoneNum>
      <USAddress>
        <AddressLine1Txt>516 HOGAN COURT</AddressLine1Txt>
        <CityNm>MUSCATINE</CityNm>
        <StateAbbreviationCd>IA</StateAbbreviationCd>
        <ZIPCd>52761</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ROBERT D JENSEN</PersonNm>
      <PersonTitleTxt>CHAIRMAN</PersonTitleTxt>
      <PhoneNum>5632636589</PhoneNum>
      <SignatureDt>2024-03-21</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>ROBERT</PersonFirstNm>
        <PersonLastNm>JENSEN</PersonLastNm>
      </PersonFullName>
      <SSN>XXX-XX-XXXX</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>TODD J WHITLOW</PreparerPersonNm>
      <PTIN>P00115579</PTIN>
      <PhoneNum>5633594757</PhoneNum>
      <PreparationDt>2024-04-07</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="4">
    <IRS990PF documentId="RetDoc4">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>8789400</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>399203</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>54</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>54</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>170695</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>170695</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>42078</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>371291</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>42078</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>612030</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>212827</TotalNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>0</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>355000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>355000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>355000</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>355000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>257030</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>212827</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>3869</CashBOYAmt>
        <CashEOYAmt>8924</CashEOYAmt>
        <CashEOYFMVAmt>8924</CashEOYFMVAmt>
        <CorporateStockBOYAmt>7224498</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2">7397463</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>8780476</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>7228367</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>7406387</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>8789400</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>7228367</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>7406387</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>7228367</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>7406387</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>7228367</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>7406387</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>7228367</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>257030</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>7485397</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc3">79010</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>7406387</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TOTAL STOCK MKT IDX ADM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2023-04-11</SoldDt>
          <GrossSalesPriceAmt>80000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>75238</CostOrOtherBasisAmt>
          <GainOrLossAmt>4762</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4762</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TOTAL STOCK MKT IDX ADM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-27</AcquiredDt>
          <SoldDt>2023-05-22</SoldDt>
          <GrossSalesPriceAmt>80000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>73270</CostOrOtherBasisAmt>
          <GainOrLossAmt>6730</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6730</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TOTAL STOCK MKT IDX INST</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-27</AcquiredDt>
          <SoldDt>2023-10-19</SoldDt>
          <GrossSalesPriceAmt>200000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>180705</CostOrOtherBasisAmt>
          <GainOrLossAmt>19295</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>19295</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>42078</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>26025</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>2958</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>2958</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>2958</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>5154</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>5154</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>2196</OverpaymentAmt>
        <AppliedToESTaxAmt>2196</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>IA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>true</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>ROBERT D JENSEN</IndividualWithBooksNm>
        <PhoneNum>5632636589</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>516 HOGAN COURT</AddressLine1Txt>
          <CityNm>MUSCATINE</CityNm>
          <StateAbbreviationCd>IA</StateAbbreviationCd>
          <ZIPCd>52761</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT D JENSEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>516 HOGAN COURT</AddressLine1Txt>
            <CityNm>MUSCATINE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52761</ZIPCd>
          </USAddress>
          <TitleTxt>CHAIRMAN</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JOANN M JENSEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>516 HOGAN COURT</AddressLine1Txt>
            <CityNm>MUSCATINE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52761</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KEVIN D JENSEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>215 LEGACY COURT</AddressLine1Txt>
            <CityNm>NAPLES</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>34110</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KYLE L JENSEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>1851 PECK STREET</AddressLine1Txt>
            <CityNm>MUSCATINE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52761</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>7636502</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>64101</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>7700603</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>7700603</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>115509</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>7585094</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>379255</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>379255</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2958</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2958</TotalTaxAmt>
        <DistributableBeforeAdjAmt>376297</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>376297</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>376297</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>355000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>355000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>376297</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>353020</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>355000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>353020</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>1980</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>374317</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>ROBERT D JENSEN</ContributingManagerNm>
        <ContributingManagerNm>JOANN M JENSEN</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COMMUNITY FOUNDATION OF GREATER MUS</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>COMMUNITY FOUNDATION OF GREATER MUSCATINE</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>208 WEST SECOND STREET</AddressLine1Txt>
            <AddressLine2Txt>208 WEST SECOND STREET</AddressLine2Txt>
            <CityNm>MUSCATINE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52761</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>322500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS OF MUSCATINE ART CENTER</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>FRIENDS OF MUSCATINE ART CENTER</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1314 MULLBERRY AVENUE</AddressLine1Txt>
            <AddressLine2Txt>1314 MULBERRY AVENUE</AddressLine2Txt>
            <CityNm>MUSCATINE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52761</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GMG SCHOOL FOUNDATION</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>306 PARK STREET</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>306 PARK STREET</AddressLine1Txt>
            <AddressLine2Txt>306 PARK STREET</AddressLine2Txt>
            <CityNm>GARWIN</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50632</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HISTORIC MUSCATINE</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>117 W 2ND STREET</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>117 W 2ND STREET</AddressLine1Txt>
            <AddressLine2Txt>117 W 2ND ST</AddressLine2Txt>
            <CityNm>MUSCATINE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52761</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MUSCATINE CENTER FOR SOCIAL ACTION</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>MUSCATINE CENTER FOR SOCIAL ACTION</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>312 IOWA AVENUE</AddressLine1Txt>
            <AddressLine2Txt>312 IOWA AVENUE</AddressLine2Txt>
            <CityNm>MUSCATINE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52761</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MUSCATINE CHARTIES INC</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>MUSCATINE CHARTIES INC</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 973</AddressLine1Txt>
            <AddressLine2Txt>PO BOX 973</AddressLine2Txt>
            <CityNm>MUSCATINE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52761</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MUSCATINE COMMUNITY YMCA</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>1823 LOGAN STREET</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1823 LOGAN STREET</AddressLine1Txt>
            <AddressLine2Txt>1823 LOGAN STREET</AddressLine2Txt>
            <CityNm>MUSCATINE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52761</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ZION LUTHERAN CHURCH</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>ZION LUTHERAN CHURCH</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>513 SYCAMORE STREET</AddressLine1Txt>
            <AddressLine2Txt>513 SYCAMORE STREET</AddressLine2Txt>
            <CityNm>MUSCATINE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52761</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOOVER PRESIDENTIAL FOUNDAITON</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>HOOVER PRESIDENTIAL FOUNDATION</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>127 W MAIN ST</AddressLine1Txt>
            <AddressLine2Txt>127 W MAIN ST</AddressLine2Txt>
            <CityNm>WEST BRANCH</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52358</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>355000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <RelatedOrExemptFunctionIncmAmt>54</RelatedOrExemptFunctionIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <RelatedOrExemptFunctionIncmAmt>170695</RelatedOrExemptFunctionIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>42078</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>212827</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>212827</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>ROBERT JOANN JENSEN</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>516 HOGAN COURT</AddressLine1Txt>
          <CityNm>MUSCATINE</CityNm>
          <StateAbbreviationCd>IA</StateAbbreviationCd>
          <ZIPCd>52761</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>399203</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>VANGUARD MUTUAL FUND SHARES</NoncashPropertyDesc>
        <FairMarketValueAmt>380000</FairMarketValueAmt>
        <ReceivedDt>2023-06-09</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <InvestmentsCorpStockSchedule documentId="RetDoc2">
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD MUTUAL FUNDS</StockNm>
        <EOYBookValueAmt>7397463</EOYBookValueAmt>
        <EOYFMVAmt>8780476</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="RetDoc3">
      <OtherDecreasesDetail>
        <Desc>PRIOR YEAR UNREALIZED ADJUSTMENT</Desc>
        <Amt>79010</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
  </ReturnData>
</Return>
