Liabilities / Assets
8th percentile
Higher debt load relative to assets than 8% of similar nonprofits.
Anne Ray Foundation
990 • Fiscal year 2020 • EIN 47-1036008
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
18th percentile
Higher debt load relative to revenue than 18% of similar nonprofits.
Net Margin
95th percentile
Higher net margin than 95% of similar nonprofits.
Top Officer Pay
48th percentile
Higher top officer pay than 48% of similar nonprofits.
Top officer pay equals 0.4% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Balance Sheet
Assets
Up$4,822,543,908
Up $353,840,583 (+7.9%) from 2019
Net Assets
Up$4,718,254,644
Up $354,418,146 (+8.1%) from 2019
Liabilities
Down$104,289,264
Down $577,563 (-0.6%) from 2019
Revenue And Expenses
Revenue
Up$390,628,330
Up $158,927,680 (+69%) from 2019
Expenses
Down$157,989,938
Down $24,734,966 (-14%) from 2019
Net Income
Up$232,638,392
Up $183,662,646 (+375%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 10, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $2,298,874,861
Mission and Program Overview
Mission
Provide meaningful support to some or all designated supported organizations to make a measurable and sustainable difference on our shared priority problems.
Charitable grantmaking to some or all designated supported organizations.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $3,871,602,826 | $4,226,278,228 | ▲ $354,675,402 |
| Investments in Publicly Traded Securities | $569,480,736 | $580,807,420 | ▲ $11,326,684 |
| Savings and Temporary Cash Investments | $26,214,910 | $14,492,974 | ▼ $11,721,936 |
| Prepaid Expenses and Deferred Charges | $5,326 | $935,000 | ▲ $929,674 |
| Accounts Receivable | $458,649 | $30,286 | ▼ $428,363 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Total Assets | $4,468,703,325 | $4,822,543,908 | ▲ $353,840,583 |
| Other Assets Total | $940,878 | $0 | ▼ $940,878 |
| Liabilities | |||
| Grants Payable | $91,227,113 | $90,087,298 | ▼ $1,139,815 |
| Accounts Payable and Accrued Expenses | $13,639,714 | $14,201,966 | ▲ $562,252 |
| Total Liabilities | $104,866,827 | $104,289,264 | ▼ $577,563 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $4,363,836,498 | $4,718,254,644 | ▲ $354,418,146 |
| Total Net Assets Fund Balance | $4,363,836,498 | $4,718,254,644 | ▲ $354,418,146 |
| Total Liabilities and Net Assets / Fund Balance | $4,468,703,325 | $4,822,543,908 | ▲ $353,840,583 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $0 | $44,637 | - |
| Other Securities | $267,654,715 | - | - |
| Financial Derivatives | $-5,562,284 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Christine Morse | Board Chair | PT | $66,500 | $56,500 | $123,000 |
| Right Reverend John Chane | Director | - | $51,500 | $37,500 | $89,000 |
| Win Neuger | Director | - | $39,000 | $41,000 | $80,000 |
Board Members and Trustees
| Name | Title |
|---|---|
| Michael Ruetz | Deputy CIO/investment Director |
| Stuart Tobisman | Director |
| Paul Busch | Director/pres & CEO |
| Christopher Vogt | Investment Director |
| Matthew Minnis | Investment Director |
| Rodney Overcash | Investment Director |
| Tricia Scrivner | Investment Director |
| Shawn Wischmeier | Chief Investment Officer |
| Heather Kukla | Secretary/VP & Gen Counsel |
| Naomi Horsager | Treasurer/CFO |
| Terrence Meersman | VP of Programs |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Margaret A Cargill Foundation | Shared Serv Exp Reimbursement | 6889 ROWLAND ROAD, Eden Prairie, MN 55344, Uk | $23,246,755 |
| Chilton Investment Company LLC | Investment Management | 1290 E MAIN STREET, Stamford, CT 06902 | $1,144,954 |
| Record Currency Mgmt | Investment Management | 5525 NW FISHER CREEK DRIVE, Camas, WA 98607 | $843,718 |
| Fisher Asset Management LLC | Investment Management | 400 HOWARD STREET, San Francisco, CA 94105 | $733,735 |
| Blackrock | Investment Management | - | $584,052 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $0
- Investment Income
- $432,268,518
- Other Revenue
- $-41,640,188
- Change in Net Assets
- $232,638,392
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $403,126,831
- Revenue Not Reported on Financial Statements
- $-12,498,501
- Revenue Not Reported on Form 990
- $95,493,379
- Other Revenue Adjustments
- $-28,226,748
- Total Revenue per Audited Statements
- $498,620,210
- Total Revenue per Form 990
- $390,628,330
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $128,707,710 |
| Salaries, Compensation, and Employee Benefits | $15,181,194 |
| Other Expenses | $14,101,034 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $128,707,710 | - | - | $128,707,710 |
| Other Salaries and Wages | $5,766,866 | $4,525,542 | - | $10,292,408 |
| Fees for Service Investment Mgmnt Fees | - | $7,076,148 | - | $7,076,148 |
| Other Employee Benefits | $2,065,812 | $1,222,303 | - | $3,288,115 |
| Fees for Services Other | $1,311,164 | $1,673,029 | - | $2,984,193 |
| Current Officers, Directors, Trustees, and Key Employees | $1,207,814 | $392,857 | - | $1,600,671 |
| Occupancy | $1,206,893 | $390,355 | - | $1,597,248 |
| Fees for Services Legal | $121,355 | $388,293 | - | $509,648 |
| Information Technology | $310,859 | $77,156 | - | $388,015 |
| Fees for Services Accounting | $66,795 | $95,057 | - | $161,852 |
| Travel | $68,666 | $68,029 | - | $136,695 |
| Conferences and Meetings | $108,693 | $20,476 | - | $129,169 |
| Office Expenses | $78,311 | $21,664 | - | $99,975 |
| Other Expenses | $129,845 | $90,673 | - | $90,673 |
| Insurance | $69,455 | $19,960 | - | $89,415 |
| All Other Expenses | $38,877 | $11,589 | - | $50,466 |
| Total Functional Expenses | $141,791,327 | $16,198,611 | $0 | $157,989,938 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $157,989,938 |
| Expenses per Audited Statements | $144,202,064 |
| Total Expenses per Audited Statements | $144,202,064 |
| Expenses Not Reported on Financial Statements | $13,787,874 |
| Expenses Not Reported on Form 990 | $0 |
| Other Expense Adjustments | $-1,940,373 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Public Broadcasting Service (pbs) | Arlington, VA | 501(c)(3) | Technology for New Platforms, Impact Measurement, and Operational Efficiency | $10,000,000 |
| Public Broadcasting Service (pbs) | Arlington, VA | 501(c)(3) | Production Support for American Portrait | $8,650,000 |
| Berea College | Berea, KY | 501(c)(3) | Support for Bridge Student Programming | $7,288,280 |
| American National Red Cross | Washington, DC | 501(c)(3) | Covid-19 Emergency Response Support | $5,000,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Community-based Conservation in Freshwater Ecosystems of Africa | $4,928,250 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Community-led Conservation in Tropical Forest Landscapes | $4,500,000 |
| Ymca of the USA | Chicago, IL | 501(c)(3) | Water Safety Initiative | $4,003,118 |
| San Diego Humane Society & Spca | San Diego, CA | 501(c)(3) | Capital Grant for Remodel of Animal Habitats | $4,000,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for the Measles and Rubella Initiative | $3,200,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Enhanced Readiness to Respond | $3,050,000 |
| Berea College | Berea, KY | 501(c)(3) | Capital Grant for Kettering Residence Hall Replacement | $3,000,000 |
| The Salvation Army National Corporation | Alexandria, VA | 501(c)(3) | Covid-19 Emergency Response Support | $3,000,000 |
| Ymca of the USA | Chicago, IL | 501(c)(3) | Covid-19 Emergency Response Support | $3,000,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Conserving Coastal Ecosystems, Sustaining Local Communities | $2,920,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Delivering Equitable and Transformative Strategies for People and Nature | $2,700,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Community-based Conservation in Freshwater Ecosystems of South America | $2,571,750 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Global Disaster Readiness Tools | $2,560,000 |
| Ymca of the USA | Chicago, IL | 501(c)(3) | Capital Grant for Resident Camps | $2,518,656 |
| Ymca of the USA | Chicago, IL | 501(c)(3) | Support for Resident Camp Access | $2,500,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Underfunded Disasters | $2,000,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Capital Grant for Community Conservation Conference Center | $2,000,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Accelerating the Impact of the Shared Conservation Agenda | $1,575,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Innovation Lab Project | $1,500,000 |
| The Salvation Army National Corporation | Alexandria, VA | 501(c)(3) | Pathway of Hope National Expansion Project | $1,500,000 |
| Idyllwild Arts Foundation | Idyllwild, CA | 501(c)(3) | Support for Educational Programs & Scholarships | $1,400,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Fostering Excellence in Community-based Conservation | $1,350,000 |
| Berea College | Berea, KY | 501(c)(3) | Support for Technology, Safety, and Student Space Enhancements | $1,326,540 |
| Public Media Group of Southern California | Burbank, CA | 501(c)(3) | Support for Southern California Original Programming | $1,310,000 |
| American Swedish Institute | Minneapolis, MN | 501(c)(3) | Support for Folk Arts and Culture Programs | $1,200,000 |
| Berea College | Berea, KY | 501(c)(3) | Covid-19 Emergency Response Support | $1,200,000 |
| San Diego State University (kpbs) | San Diego, CA | 501(c)(3) | Support for Kpbs Programming | $1,120,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Community-led Conservation in the Grasslands of Australia and Mongolia | $1,087,500 |
| Smithsonian Institution (nmai) | Washington, DC | 501(c)(3) | Support for Community Loans Program | $1,075,000 |
| Berea College | Berea, KY | 501(c)(3) | Capital for Folk Arts and Cultures Student and Visitor Spaces | $1,000,000 |
| ST PAUL'S EPISCOPAL HOME | San Diego, CA | 501(c)(3) | Capital Grant for Parking Improvements | $1,000,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Environmental Resiliency Protection for California | $1,000,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Support for Great Bear Program | $1,000,000 |
| Ymca of the USA | Chicago, IL | 501(c)(3) | New American Welcome Centers and Family and Community Stability | $1,000,000 |
| Ymca of the USA | Chicago, IL | 501(c)(3) | Ymca Foreverwell Program Expansion | $985,349 |
| San Diego Humane Society & Spca | San Diego, CA | 501(c)(3) | Support for Companion Animal Programs | $977,500 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Community Readiness in Philippines | $950,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Community-led Conservation in the Grasslands of Africa | $912,500 |
| Public Broadcasting Service (pbs) | Arlington, VA | 501(c)(3) | Support for Connecting National With Local Stations | $900,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Disaster Risk Reduction in El Salvador | $893,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Coastal Disaster Risk Reduction Program in Bangladesh | $880,000 |
| Idyllwild Arts Foundation | Idyllwild, CA | 501(c)(3) | Capacity Building Grant | $880,000 |
| Mingei International Museum | San Diego, CA | 501(c)(3) | Support for Key Arts Content | $825,000 |
| Ymca of the USA | Chicago, IL | 501(c)(3) | Support for Camp Research and Metrics | $815,000 |
| Berea College | Berea, KY | 501(c)(3) | Support for College Folk Arts and Cultures Project | $800,000 |
| Public Broadcasting Service (pbs) | Arlington, VA | 501(c)(3) | Production Support for Handmade America | $800,000 |
| Ymca of the USA | Chicago, IL | 501(c)(3) | Ensuring Y Camp and Swim Programs Are Safe, Relevant, and Sustainable | $715,000 |
| Public Broadcasting Service (pbs) | Arlington, VA | 501(c)(3) | Covid-19 Emergency Response Support | $700,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Disaster-ready Communities Programs in Indonesia | $680,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Disaster Preparedness Project in Nepal | $680,000 |
| American National Red Cross | San Diego, CA | 501(c)(3) | Support for Disaster Cycle Services and Learning Component | $675,000 |
| Ymca of the USA | Chicago, IL | 501(c)(3) | Support for Strategic Initiatives Fund | $663,059 |
| Public Media Group of Southern California | Burbank, CA | 501(c)(3) | Support for Data Capturing Initiative | $655,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Disaster Cycle Services Readiness Initiative | $600,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Support for Low-attention Disasters in the Midwest | $600,000 |
| Public Broadcasting Service (pbs) | Arlington, VA | 501(c)(3) | Production Support for No Passport Required | $600,000 |
| Public Broadcasting Service (pbs) | Arlington, VA | 501(c)(3) | Natural Disaster 360 Funding | $550,000 |
| San Diego State University (kpbs) | San Diego, CA | 501(c)(3) | Capacity Building Grant | $520,000 |
| Public Broadcasting Service (pbs) | Arlington, VA | 501(c)(3) | Pbs Kids Parent Engagement in Schools Project | $500,000 |
| The Nature Conservancy | Arlington, VA | 501(c)(3) | Northern Great Plains Grassland Conservation | $500,000 |
| American National Red Cross | Washington, DC | 501(c)(3) | Capacity Building Grant | $480,000 |
| Berea College | Berea, KY | 501(c)(3) | Support for College Advancement | $450,000 |
| Smithsonian Institution (nmai) | Washington, DC | 501(c)(3) | Covid-19 Emergency Response Support | $430,000 |
| The Salvation Army National Corporation | Alexandria, VA | 501(c)(3) | Support for Rapid Response in the Midwest | $400,000 |
| San Diego Humane Society & Spca | San Diego, CA | 501(c)(3) | Support for Project Wildlife | $387,500 |
| School for Advanced Research | Santa Fe, NM | 501(c)(3) | Support for Professional Training and Intergenerational Learning | $287,000 |
| American National Red Cross | San Diego, CA | 501(c)(3) | Support for Volunteer Services and Youth Development | $275,000 |
| Berea College | Berea, KY | 501(c)(3) | Support for Faculty Fellows Program | $270,976 |
| Berea College | Berea, KY | 501(c)(3) | Support for Grant Management Resources | $264,950 |
| American Swedish Institute | Minneapolis, MN | 501(c)(3) | Covid-19 Emergency Response Support | $250,000 |
| Berea College | Berea, KY | 501(c)(3) | Berea Education Studies Planning Grant | $250,000 |
| ST PAUL'S EPISCOPAL HOME | San Diego, CA | 501(c)(3) | Support for Senior Day Program | $240,000 |
| The Salvation Army a California Corporation | San Diego, CA | 501(c)(3) | Covid-19 Emergency Response Support | $235,000 |
| The Salvation Army National Corporation | Alexandria, VA | 501(c)(3) | Support for Relief and Recovery Program | $227,000 |
| School for Advanced Research | Santa Fe, NM | 501(c)(3) | Support for Conservation and Collections Documentation | $225,000 |
| American Swedish Institute | Minneapolis, MN | 501(c)(3) | Capacity Building Grant | $215,000 |
| ST PAUL'S EPISCOPAL HOME | San Diego, CA | 501(c)(3) | Support for Quality of Life Program and Learning Study | $210,000 |
| Idyllwild Arts Foundation | Idyllwild, CA | 501(c)(3) | Capital Grant for Parking Improvements | $200,000 |
| Idyllwild Arts Foundation | Idyllwild, CA | 501(c)(3) | Support for Upgrades to Educational Technology | $200,000 |
| ST PAUL'S EPISCOPAL HOME | San Diego, CA | 501(c)(3) | Covid-19 Emergency Response Support | $200,000 |
| San Diego Humane Society & Spca | San Diego, CA | 501(c)(3) | Support to Establish a Resource Center | $200,000 |
| San Diego State University (kpbs) | San Diego, CA | 501(c)(3) | Support for Smart Connections Project | $200,000 |
| School for Advanced Research | Santa Fe, NM | 501(c)(3) | Covid-19 Emergency Response Support | $200,000 |
| The Salvation Army a California Corporation | San Diego, CA | 501(c)(3) | Support for the Senior Nutrition Program | $166,000 |
| School for Advanced Research | Santa Fe, NM | 501(c)(3) | Capacity Building Grant | $150,000 |
| Public Media Group of Southern California | Burbank, CA | 501(c)(3) | Capacity Building Grant | $130,000 |
| Smithsonian Institution (nmai) | Washington, DC | 501(c)(3) | Support for Diversifying Resources and Development | $130,000 |
| Berea College | Berea, KY | 501(c)(3) | Capacity Building Grant | $126,500 |
| Smithsonian Institution (nmai) | Washington, DC | 501(c)(3) | Capacity Building Grant | $125,000 |
| San Diego State University (kpbs) | San Diego, CA | 501(c)(3) | Support for Audience and Member Engagement | $120,000 |
| Mingei International Museum | San Diego, CA | 501(c)(3) | Capacity Building Grant | $110,000 |
| Public Media Group of Southern California | Burbank, CA | 501(c)(3) | Support for Strategic Plan and Development | $100,000 |
| The Salvation Army a California Corporation | San Diego, CA | 501(c)(3) | Support for Arts and Literacy Program | $73,000 |
| The Salvation Army a California Corporation | San Diego, CA | 501(c)(3) | Support for Volunteer Department Needs | $71,000 |
| American National Red Cross | San Diego, CA | 501(c)(3) | Support for Service to the Armed Forces | $60,000 |
| Idyllwild Arts Foundation | Idyllwild, CA | 501(c)(3) | Support for Native American Arts Program | $60,000 |
| San Diego State University (kpbs) | San Diego, CA | 501(c)(3) | Support for Staff Development | $60,000 |
| American National Red Cross | San Diego, CA | 501(c)(3) | Capacity Building Grant | $32,500 |
| San Diego State University (kpbs) | San Diego, CA | 501(c)(3) | Support for Exploration and Learning Component | $25,000 |
| San Diego State University (kpbs) | San Diego, CA | 501(c)(3) | SUPPORT FOR "ONE BOOK, ONE SAN DIEGO" | $15,000 |
International Summary
- Offices
- 0
- Employees
- 13
- Spending
- $1,766,742,549
International Compliance
- Activity in boycott countries
- No
- Foreign corporation ownership
- Yes
- Foreign partnership interest
- Yes
- Interest in foreign trust
- No
- Passive foreign investment company interest
- Yes
- Transfers to foreign corporations
- Yes
International Activities
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Central American and the Caribbean | Value of Invested Assets | N/a | 0 | 0 | $1,412,180,097 |
| Europe (including Iceland & Greenland) - Albania, Andorra, Austria, Belgium | Value of Invested Assets | N/a | 0 | 0 | $243,392,499 |
| North America - Canada and Mexico, But Not the United States | Value of Invested Assets | N/a | 0 | 0 | $60,947,339 |
| East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, | Value of Invested Assets | N/a | 0 | 0 | $49,295,463 |
| Europe (including Iceland & Greenland) - Albania, Andorra, Austria, Belgium | Investment Management Services | N/a | 0 | 1 | $843,718 |
| Europe (including Iceland & Greenland) - Albania, Andorra, Austria, Belgium | Program & Investment Services | Site Visits | 0 | 8 | $54,483 |
| North America - Canada and Mexico, But Not the United States | Operational Services | N/a | 0 | 1 | $23,400 |
| East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, | Program & Investment Services | Site Visits | 0 | 1 | $5,210 |
| South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Etc | Investment Services | N/a | 0 | 1 | $300 |
| North America - Canada and Mexico, But Not the United States | Program & Investment Services | Site Visits | 0 | 1 | $40 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 2
“Anne ray foundation shared operations with margaret a. Cargill foundation (mac foundation), a related organization, in pursuit of their shared vision in order to maximize assets available for charitable grantmaking. As part of the shared operations, all staff and directors listed in part vii also serve as staff and directors of mac foundation. Officers, key employees, and board members listed in part vii are deemed to have a business relationship with each other as defined by form 990 reporting standards.”
Form 990, Part VI, Section A, Line 6
“Anne ray foundation has two members who also serve as directors of the organization. Members' rights cover governance and oversight as described in the explanation statement provided for line 7b. Members are not reserved any rights that would result in a personal benefit to the member.”
Form 990, Part VI, Section A, Line 7A
“The articles and bylaws provide that the two members shall have the authority to designate directors. The members will seek input from other directors on the designation and act on their recommendations according to the articles and bylaws.”
Form 990, Part VI, Section A, Line 7B
“Anne ray foundation's organizing documents reserve certain rights for the members, specifically the right to amend the bylaws, appoint committee chairs, nominate committee members, approve domain definitions, and oversee winding up the affairs of the organization. Anne ray foundation's board of directors established the akaloa program committee in july 2016. This committee is authorized to recommend or approve grants within the budget provided by the board.”
Form 990, Part VI, Section B, Line 11B
“The return was reviewed by the cfo and independent cpa paid preparer. Before filing with the irs, board members and officers received and discussed copies of the complete form 990.”
Form 990, Part VI, Section B, Line 12C
“All officers, directors, key employees, and other staff members are required to sign a conflict of interest disclosure annually. All disclosures are first reviewed by the legal department. If necessary the ceo/president or board chair further reviews, determines whether a conflict exists, and determines how to resolve such conflict. Any director found to have a material conflict is restricted from voting on related matters and anne ray foundation's general counsel, in consultation with the president/ceo or board chair, determines whether other actions are required to neutralize the potential conflict.”
Form 990, Part VI, Section B, Line 15
“Anne ray foundation is related to margaret a. Cargill foundation (mac foundation). Mac foundation is the employer of all staff responsible for providing services to mac foundation and anne ray foundation. Anne ray foundation reimburses mac foundation for its allocable share of the staff costs related to services provided to anne ray foundation. The anne ray foundation board and mac foundation board established a joint compensation committee. Membership in the compensation committee is limited so that all committee members are independent. The compensation committee is responsible for: - engaging an independent compensation consultant to analyze relevant comparability data and advise the committee on the reasonableness of proposed total remuneration; - recommend and/or approve compensation for executives; - periodically review compensation and benefits offerings and philosophy; - ensure that compensation approvals are documented in writing in contemporaneous committee meeting minutes. In determining compensation to be paid for the 2020 tax year, the compensation committee hired an independent consultant to analyze the reasonableness of compensation to be paid to directors, executives, and certain key employees. The report was based on published survey data as well as form 990 data for comparable organizations. The consultant communicated the results of the report directly to the compensation committee. The committee approved compensation to certain executives and key employees, noting the approval was based on the committee's determination that compensation was reasonable. The committee then made a recommendation for review and approval by the boards for compensation to be paid to certain other executives. After considering recommendations from the compensation committee, the anne ray foundation board and mac foundation board approved compensation to board directors and certain executives, noting the approval was based on the boards' determination that compensation was reasonable. When necessary, board members were recused from approving compensation in accordance with the organizations' conflict of interest policy.”
Form 990, Part VI, Section C, Line 19
“These documents are available to the general public upon request. The organization posts its form 990 and audited financial statements to its website for public access. The organization also shares its form 990 and audited financials directly with the small number of specifically named organizations it supports.”
Filing and Contact Details
Filer
- Filer Name
- Anne Ray Foundation
- EIN
- 47-1036008
- Phone
- 9525404053
- Address
- 6889 ROWLAND ROAD, EDEN PRAIRIE, MN 55344
Signing Officer
- Name
- Naomi Horsager
- Title
- CFO
- Phone
- 9525404053
- Signed
- 2021-11-10
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Paul Busch
- Formed
- 2014
- Legal Domicile
- Mn
- Voting Board Members
- 5
- Independent Board Members
- 4
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Deloitte Tax Llp
- Address
- 50 SOUTH SIXTH STREET SUITE 2800, MINNEAPOLIS, MN 55402
- Preparer
- Anne Fulton
- Phone
- 6123974000
Supplemental Narrative
Additional Explanations
FORM 990, PART XI, LINE 9:
“Book/tax difference in net income from investments 12,498,502. Other book/tax difference in expense -1,940,374.”
Financial Statement Notes
PART X, LINE 2:
“Anne ray has been recognized by the internal revenue service as exempt from income taxes under section 501(c)(3) of the internal revenue code and, accordingly, is generally not subject to income tax. However, anne ray is subject to taxes on unrelated trade or business income. Anne ray has adopted guidance regarding the recognition of uncertain tax positions. Anne ray believes it has appropriate support for unrelated trade or business positions and, as a result, does not have uncertain tax positions that have a material impact on the consolidated financial statements.”
PART XI, LINE 4B - OTHER ADJUSTMENTS:
“Book and tax timing differences related to investment income -176,486,086. Income from flowthrough passive investments 148,259,338.”
PART XII, LINE 4B - OTHER ADJUSTMENTS:
“Other book-tax adjustments to other expenses -1,940,373.”
Part VIII, Line 1
“Book value of financial derivatives reflects the end of year value of foreign currency positions held by the reporting organization.”
Raw XML AppendixShowing 400 of 2,333 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 13639714 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 14201966 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 458649 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 30286 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | CHARITABLE GRANTMAKING TO SOME OR ALL DESIGNATED SUPPORTED ORGANIZATIONS. |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 11589 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 38877 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 50466 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | NAOMI HORSAGER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9525404053 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6889 ROWLAND ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | EDEN PRAIRIE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55344 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 20 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 392857 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 1207814 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 1600671 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 20476 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 108693 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 129169 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 23246755 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 1144954 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 843718 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 733735 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 4 | 584052 |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/AddressLine1Txt | 0 | MORGAN HOUSE MADEIRA WALK |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CityNm | 0 | WINDSOR |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CountryCd | 0 | UK |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/ForeignPostalCd | 0 | SL4 1EP |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 6889 ROWLAND ROAD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 1290 E MAIN STREET |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 5525 NW FISHER CREEK DRIVE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 400 HOWARD STREET |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | EDEN PRAIRIE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | STAMFORD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | CAMAS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | SAN FRANCISCO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | CT |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | WA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | CA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 55344 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 06902 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 98607 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 94105 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | MARGARET A CARGILL FOUNDATION |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | CHILTON INVESTMENT COMPANY LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | RECORD CURRENCY MGMT |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | FISHER ASSET MANAGEMENT LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 4 | BLACKROCK |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | SHARED SERV EXP REIMBURSEMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | INVESTMENT MANAGEMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | INVESTMENT MANAGEMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | INVESTMENT MANAGEMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 4 | INVESTMENT MANAGEMENT |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 128707710 |
| IRS990/CYInvestmentIncomeAmt | 0 | 432268518 |
| IRS990/CYOtherExpensesAmt | 0 | 14101034 |
| IRS990/CYOtherRevenueAmt | 0 | -41640188 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 232638392 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 15181194 |
| IRS990/CYTotalExpensesAmt | 0 | 157989938 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 390628330 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | SEE SCHEDULE OANNE RAY FOUNDATION PROVIDES MEANINGFUL SUPPORT TO SOME OR ALL DESIGNATED SUPPORTED ORGANIZATIONS TO MAKE A MEASURABLE AND SUSTAINABLE DIFFERENCE ON OUR IDENTIFIED PRIORITY PROBLEMS.SPECIFICALLY, THE PURPOSE OF ANNE RAY FOUNDATION IS TO PROVIDE ASSISTANCE AND SUPPORT IN ORDER TO:- ENHANCE THE QUALITY OF LIFE FOR CHILDREN, FAMILIES AND SENIORS- PREVENT AND RELIEVE SUFFERING OF CHILDREN, FAMILIES AND SENIORS- PRESERVE AND PROMOTE THE ENVIRONMENT AND THE ARTS- ENCOURAGE AND SUPPORT THE HUMANE TREATMENT OF ANIMALSDURING 2020 ANNE RAY FOUNDATION MADE GRANTS TO DESIGNATED SUPPORTED ORGANIZATIONS FOR A VARIETY OF PROGRAMS AS DETAILED ON SCHEDULE I, PART II. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 1 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 141791327 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 95057 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 66795 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 161852 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 388293 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 121355 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 509648 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 1673029 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 1311164 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 2984193 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 7076148 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 7076148 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignCountryCd | 0 | BE |
| IRS990/ForeignCountryCd | 1 | CA |
| IRS990/ForeignCountryCd | 2 | DA |
| IRS990/ForeignCountryCd | 3 | FR |
| IRS990/ForeignCountryCd | 4 | GM |
| IRS990/ForeignCountryCd | 5 | IS |
| IRS990/ForeignCountryCd | 6 | NL |
| IRS990/ForeignCountryCd | 7 | UK |
| IRS990/ForeignFinancialAccountInd | 0 | 1 |
| IRS990/ForeignOfficeInd | 0 | 1 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 6.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 7.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 155210 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 113362 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 111908 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 103392 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 245056 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 151856 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 114619 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 134401 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 121780 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 133399 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CHRISTINE MORSE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | PAUL BUSCH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | RIGHT REVEREND JOHN CHANE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WIN NEUGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | STUART TOBISMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | NAOMI HORSAGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | HEATHER KUKLA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | TERRENCE MEERSMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SHAWN WISCHMEIER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | MICHAEL RUETZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MATTHEW MINNIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | RODNEY OVERCASH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | TRICIA SCRIVNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | CHRISTOPHER VOGT |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 66500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 51500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 39000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 56500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 1295780 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 37500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 41000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 547002 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 546739 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 568436 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 1501714 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 836558 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 611964 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 711491 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 701266 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 691353 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR/PRES & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TREASURER/CFO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | SECRETARY/VP & GEN COUNSEL |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VP OF PROGRAMS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CHIEF INVESTMENT OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DEPUTY CIO/INVESTMENT DIR. |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | INVESTMENT DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | INVESTMENT DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | INVESTMENT DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | INVESTMENT DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2014 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 365087581 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantAmt | 0 | 128707710 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 91227113 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 90087298 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 128707710 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 128707710 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 2273334112 |
| IRS990/GrossReceiptsAmt | 0 | 2298874861 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 77156 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 310859 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 388015 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 19960 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 69455 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 89415 |
| IRS990/InvestmentExpenseAmt | 0 | 15728247 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 66520406 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 67180937 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 660531 |
| IRS990/InvestmentInJointVentureInd | 0 | 1 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 3871602826 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 4226278228 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 569480736 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 580807420 |
| IRS990/IRPDocumentCnt | 0 | 11 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 44637 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 44637 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 1908246531 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | PROVIDE MEANINGFUL SUPPORT TO SOME OR ALL DESIGNATED SUPPORTED ORGANIZATIONS TO MAKE A MEASURABLE AND SUSTAINABLE DIFFERENCE ON OUR SHARED PRIORITY PROBLEMS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4363836498 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4718254644 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 360873742 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 365087581 |
| IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt | 0 | 4213839 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 95493379 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 4363836498 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 4718254644 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 390355 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 1206893 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 1597248 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 21664 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 78311 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 99975 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 940878 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 10558128 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 1222303 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 2065812 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 3288115 |
| IRS990/OtherExpensesGrp/Desc | 0 | GRANT DISCOUNT |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | RECRUITING |
| IRS990/OtherExpensesGrp/Desc | 3 | INVESTMENT DUES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 104746 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 20734 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 90673 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 359403 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 172809 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 129845 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 359403 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 277555 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 150579 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 90673 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | -37193130 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | -41640188 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | -4447058 |
| IRS990/OtherRevenueTotalAmt | 0 | -41640188 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 4525542 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 5766866 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 10292408 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 5326 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 935000 |
| IRS990/PrincipalOfficerNm | 0 | PAUL BUSCH |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 154658814 |
| IRS990/PYInvestmentIncomeAmt | 0 | 231030834 |
| IRS990/PYOtherExpensesAmt | 0 | 14530138 |
| IRS990/PYOtherRevenueAmt | 0 | 669816 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 48975746 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 13535952 |
| IRS990/PYTotalExpensesAmt | 0 | 182724904 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 231700650 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 232638392 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 26214910 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 14492974 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt | 0 | 169506597 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt | 0 | 30012797 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt | 0 | 137585392 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt | 0 | 73598687 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt | 0 | 1908408 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt | 0 | 95907910 |
| IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt | 0 | 95907910 |
| IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt | 0 | 145824412 |
| IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt | 0 | 145824412 |
| IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt | 0 | 81521724 |
| IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt | 0 | 145824412 |
| IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/CYDistriAppDistributableAmt | 0 | 75501504 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $4,822,543,908
- Liabilities
- $104,289,264
- Net assets
- $4,718,254,644
- Revenue
- $390,628,330
- Expenses
- $157,989,938
- Net income
- $232,638,392