﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2025v4.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-02-20T08:44:25-08:00</ReturnTs>
    <TaxPeriodEndDt>2025-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>861683840</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Strategic Tax and Accounting Services</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>7820 Terrey Pine Ct Suite 100</AddressLine1Txt>
        <CityNm>Eden Prairie</CityNm>
        <StateAbbreviationCd>MN</StateAbbreviationCd>
        <ZIPCd>55347</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2025-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>410948862</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Perkins Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>PERK</BusinessNameControlTxt>
      <PhoneNum>9524738367</PhoneNum>
      <USAddress>
        <AddressLine1Txt>730 E Lake Street</AddressLine1Txt>
        <CityNm>Wayzata</CityNm>
        <StateAbbreviationCd>MN</StateAbbreviationCd>
        <ZIPCd>55391</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>Richard C Perkins</PersonNm>
      <PersonTitleTxt>President</PersonTitleTxt>
      <SignatureDt>2026-02-14</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Thomas G Sims CPA</PreparerPersonNm>
      <PTIN>P01239846</PTIN>
      <PhoneNum>6123265940</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2025</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="6">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="25022934" softwareVersionNum="2025v4.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1374744</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>30</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>30</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>30</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>2360</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>2360</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>2360</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>79360</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>279403</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>79360</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>29863</NetSTCapitalGainAdjNetIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2">17</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>17</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>17</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>81767</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>81767</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>32270</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">2690</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>2690</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>2690</AccountingFeesAdjNetIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">12779</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>12779</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>12779</OtherProfFeesAdjNetIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">25</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>25</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>25</OtherExpensesAdjNetIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>15494</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>15494</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>15494</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>29850</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>29850</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>45344</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>15494</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>15494</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>29850</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>36423</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>66273</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>16776</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>4784</CashBOYAmt>
        <CashEOYAmt>6221</CashEOYAmt>
        <CashEOYFMVAmt>6221</CashEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>23303</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt>6788</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>6788</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>681163</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">732664</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1361735</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>709250</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>745673</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1374744</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>709250</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>745673</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>709250</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>745673</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>709250</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>745673</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>709250</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>36423</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>745673</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>745673</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Publicly Traded Securities ST</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2025-01-01</AcquiredDt>
          <SoldDt>2025-12-31</SoldDt>
          <GrossSalesPriceAmt>49452</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>19589</CostOrOtherBasisAmt>
          <GainOrLossAmt>29863</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>29863</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Publicly Traded Securities LT</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-01-01</AcquiredDt>
          <SoldDt>2025-12-31</SoldDt>
          <GrossSalesPriceAmt>229951</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>180454</CostOrOtherBasisAmt>
          <GainOrLossAmt>49497</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>49497</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>79360</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>29863</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>921</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>921</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>921</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>921</TaxDueAmt>
        <AppliedToESTaxAmt>0</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>false</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>MN</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>Richard C Perkins</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>9524738367</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>730 E Lake Street</AddressLine1Txt>
          <CityNm>Wayzata</CityNm>
          <StateAbbreviationCd>MN</StateAbbreviationCd>
          <ZIPCd>55391</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>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <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>Richard C Perkins</PersonNm>
          <USAddress>
            <AddressLine1Txt>730 E Lake Street</AddressLine1Txt>
            <CityNm>Wayzata</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55391</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Dan Perkins</PersonNm>
          <USAddress>
            <AddressLine1Txt>730 E Lake Street</AddressLine1Txt>
            <CityNm>Wayzata</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55391</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Pamela Brown</PersonNm>
          <USAddress>
            <AddressLine1Txt>3015 Weston Lane</AddressLine1Txt>
            <CityNm>Plymouth</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55447</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>706914</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>20548</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>727462</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>727462</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>10912</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>716550</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>35828</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>35828</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>921</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>921</TotalTaxAmt>
        <DistributableBeforeAdjAmt>34907</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>34907</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>34907</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>29850</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>29850</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>34907</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>14069</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>32080</ExcessDistributionCyovYr4Amt>
        <TotalExcessDistributionCyovAmt>46149</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>29850</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>29850</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>5057</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>5057</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>41092</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>9012</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>32080</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>32080</ExcessFromYear4Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>Richard C Perkins</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>730 E Lake St</AddressLine1Txt>
            <CityNm>Wayzata</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55391</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>9524738367</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>Letter of request by applicant</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>November 15 annually</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>Primary focus is serving young people in MN and WI</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Westby Norse Fund</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 45</AddressLine1Txt>
            <CityNm>Westby</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>54667</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>RWP Scholarship</GrantOrContributionPurposeTxt>
          <Amt>8000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Friends of IPWSO</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6400 Craig Drive</AddressLine1Txt>
            <CityNm>Eden Prairie</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55346</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Support</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PeaceMaker MN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2131 Fairview Ave N Ste E</AddressLine1Txt>
            <CityNm>Roseville</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55113</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Support</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Northern Star Scouting</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6202 Bloomington Rd</AddressLine1Txt>
            <CityNm>Fort Snelling</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55111</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Support</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Westby Area Historical Society</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 42</AddressLine1Txt>
            <CityNm>Westby</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>54667</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Support</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PACER Center</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>8161 Normandale Blvd</AddressLine1Txt>
            <CityNm>Minneapolis</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55437</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Annual Benefit</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Three Rivers Park District Foundati</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3000 Xenium Lane N</AddressLine1Txt>
            <CityNm>Plymouth</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55441</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Support</GrantOrContributionPurposeTxt>
          <Amt>1850</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Camp Olson YMCA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4160 Little Boy Rd NE</AddressLine1Txt>
            <CityNm>Longville</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56655</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Sustaining Pledge</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>The Life Raft Group</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>155 US Hwy 46 Ste 202</AddressLine1Txt>
            <CityNm>Wayne</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07470</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Support</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>GIST Caner Research Fund</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3905 NE 167th Street</AddressLine1Txt>
            <CityNm>North Miami Beach</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33160</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Support</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>New Life in Christ Ministry</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 456</AddressLine1Txt>
            <CityNm>Clearwater</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55320</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Support</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>29850</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <RelatedOrExemptFunctionIncmAmt>30</RelatedOrExemptFunctionIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <RelatedOrExemptFunctionIncmAmt>2360</RelatedOrExemptFunctionIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>79360</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>Litigation Settlements</Desc>
          <RelatedOrExemptFunctionIncmAmt>17</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>81767</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>81767</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>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="25022934" softwareVersionNum="2025v4.0">
      <AccountingFeesDetail>
        <Amt>2690</Amt>
        <NetInvestmentIncomeAmt>2690</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2690</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="25022934" softwareVersionNum="2025v4.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>Marketable Securities</StockNm>
        <EOYBookValueAmt>732664</EOYBookValueAmt>
        <EOYFMVAmt>1361735</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="25022934" softwareVersionNum="2025v4.0">
      <OtherExpensesScheduleGrp>
        <Desc>Bank Charges</Desc>
        <RevenueAndExpensesPerBooksAmt>25</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>25</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>25</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="25022934" softwareVersionNum="2025v4.0">
      <OtherIncomeDetail>
        <Desc>Litigation Settlements</Desc>
        <RevenueAndExpensesPerBooksAmt>17</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>17</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>17</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="25022934" softwareVersionNum="2025v4.0">
      <OtherProfessionalFeesDetail>
        <Amt>12779</Amt>
        <NetInvestmentIncomeAmt>12779</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>12779</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
  </ReturnData>
</Return>