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Planting the Seeds of Change 2016 Annual Report s Chairman of The Minneapolis Foundation’s Board of Trustees, I feel privileged to work closely with people who care so deeply about our community.

We are coming off a remarkable year of celebration in honor of the Foundation’s Centennial. I was inspired by the stories I heard about the generations of donors who have helped shape our community. Their contributions reminded me of the Margaret Mead quote: “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the onlyA thing that ever has.”

The Minneapolis Foundation is a rallying place for individuals, , nonprofits, business, and government leaders – all seeking somewhere to come together to change the world. Partnering with the Foundation today is truly about planting seeds of change that can have an impact now and well into the future. The Foundation is uniquely missioned and charged with ensuring the long-term vitality of our great city. We do that by supporting the generous nature of Minnesotans and by engaging directly in community issues. I thank everyone who joins us in this work.

For almost a decade, we have been led by Sandra Vargas – a passionate leader who has pushed us to put our kids first and make Minneapolis a better place for them to learn, live, and grow. R.T. Rybak has just joined us as the seventh president and CEO in the Foundation’s history. R.T. has the vision, energy, and experience we need going forward as we listen to, and partner with, our community’s newest voices.

As a community foundation, our role is to reflect and address the pressing needs that our city faces. While our grantmaking may be short-term to address immediate issues, our mission is long-term and is dependent on galvanizing people from across the community to come together and address chronic issues with us.

While much is going well in our city today, the disparities that exist in our community are unacceptable. We can, and must, do better. For more than 100 years, the Foundation has played a critical role as a community convener – bringing diverse opinions and perspectives together to break down barriers and create solutions. I firmly believe that we must be willing to get to know one another, have a desire to work together and maintain a commitment to respect diverse perspectives in order to solve the problems our community faces. We can – and must – pivot to the solutions together.

Minneapolis is fortunate to have a long philanthropic history. That historic spirit of generosity is alive and well today, and the Foundation is uniquely designed to help donors make their giving go further. It is our privilege to honor the unique philanthropic dreams of our donors and support their individual giving priorities. In this report, you’ll find examples of how we do that in every corner of our community, with a broad spectrum of partners.

I hope you will join us in this important work. My kids and grandkids – and yours – deserve to live in a community as blessed as the one I have enjoyed. Minneapolis is a great place. Let’s make it even better – for EVERYONE!

Norm Rickeman

2 Who We Are The Minneapolis Foundation is a community foundation that connects people, ideas, and resources to improve lives in Minnesota and beyond.

Our 6 Focus Areas

ENVIRONMENT & CONSERVATION

ARTS &

COMMUNITY HEALTH

EDUCATION

ECONOMIC VITALITY

CIVIC ENGAGEMENT

3 By the Numbers: »» Last year, the Foundation and our donors distributed $59.5 million, locally and globally.

»» The Foundation administers more than 1,200 charitable funds.

»» The Foundation manages nearly$700 million in assets and has posted investment returns averaging 10.6% for endowed assets over the past seven years.

»» In the Minnesota Council on Foundations’ most recent grantmaker rankings, The Minneapolis Foundation was recognized as the number one grantmaker to organizations within the state.

Arts, Culture & Other Humanities

% % 14 11 Civic Engagement & Public Affairs Health Giving 10% 13% by Focus Area % % Economic Environment 13 11 Vitality & Human Services 28% Our Vision Minneapolis is vibrant, inclusive, and positioned to thrive Education locally and compete globally.

For more than 100 years, The Minneapolis Foundation has helped expand the culture of generosity in our community. With expertise in philanthropic planning and community issues, we help donors turn their passion into action. Additionally, through our unrestricted grantmaking, we invest in and partner with donors on programs and strategies to build OneMinneapolis—a community where social, racial, and economic equity thrives.

4 5 ENVIRONMENT & CONSERVATION

Letting It Bee at the Arboretum Bees aren’t the only ones buzzing about a new center at the Minnesota Landscape Arboretum where kids, families, and nature enthusiasts of all stripes will be able to learn about native pollinators.

“Everybody is aware of the issues that honeybees are facing, with loss of habitat, disease, and pesticides,” said Peter Moe, the arboretum’s interim director. “It’s easy to get discouraged and think, ‘There’s nothing I can do,’ but really, the entire purpose of the center is to show people what they can do.”

The Tashjian Bee and Pollinator Discovery Center, set atop one of the highest points of the 1,200-acre arboretum in Chaska, is designed to educate and inspire through all five senses. Visitors will stop and smell the flowers in a demonstration garden as they learn about bee-friendly blooms they can plant in their own backyards. They’ll hear winged workers abuzz in hives that University of Minnesota researchers will use to study bees. They’ll taste the results, sampling honey made from different kinds of flowers. And in the center’s Honey House, they’ll see up close how honey is extracted from honeycomb.

The Honey House was built with help from a grant that Helen and Gary Bergren made from their Donor Advised Fund at The Minneapolis Foundation. For the Bergrens, investing in the new bee center is a way not only to engage visitors in the lives of bees, but to motivate the next generation to help address the challenges facing pollinators. “Anything we can do to make the arboretum a bigger, better place to attract and inform more children is a very good thing,” Gary said.

It’s also a deeply personal gift. The Bergrens are supporting the Honey House in honor of their four grandchildren, who have been coming to the arboretum since they were babies to explore, play, and celebrate birthdays. “They literally learned to walk here,” Helen said. Now, she said, “they’re interested in science and education, and we couldn’t think of a better way to keep this tradition going.”

6 7 ARTS & CULTURE

Setting the Stage for Future Generations For John and Jean Geisler, doing good has been a long-time family affair.

The Geislers, who have a Donor Advised Fund at The Minneapolis Foundation, recently decided to involve their three daughters in their philanthropy. To get started, they had a family meeting facilitated by their Philanthropic Advisor.

“We’ve always believed in the impact philanthropy can have, and we wanted our girls to experience it firsthand,” John said.

The couple asked their daughters to work individually with their Advisor to define a charitable goal and research organizations to support. The only condition was the girls also had to get involved with the organization.

“Giving the dollars is one thing,” John explained. “But when you get involved, you have a chance to see the impact.”

Liz, their middle daughter, is thankful that her parents exposed her to many different arts experiences as a kid: “I know there are many kids out there who never get that chance.” Liz set a goal of providing an arts experience to kids who otherwise wouldn’t have it. With help from her Advisor, she found Minneapolis College Prep, a charter school in North Minneapolis. The school, serving mostly low- income students of color, did not have much extracurricular programming.

“As soon as we talked with the principal and met the kids, it was obvious that this was such a great school and they could really benefit from having an arts education,” Liz said. Together, Liz and her parents made sure that the students got that chance. With their support, the high school entered into a partnership with the Lundstrum Center for the Performing Arts to begin a theatre program.

When the students prepared for their end-of-year performance, Liz created costumes for the performers. She attended the show with her dad and one of her sisters. “I don’t know if there are words to describe how it felt to see the kids perform,” she said. Once-shy students sang solos, found rhythm on the drums, and hit all the right notes on the piano. And Liz learned a valuable lesson: “Have a goal for your giving.”

8 9 COMMUNITY HEALTH

Cultivating Support for Mental Health Services Every fall, the emerging philanthropists of Fourth Generation vote to choose a community issue that they spend the year researching together.

Last year, they picked a topic that touches many: mental health. “The need for mental health services is overwhelming, it’s underfunded, and there’s a lot of great work being done to address these issues by organizations in Minnesota,” said Julia Quanrud, a former Fourth Generation chair.

Members of Fourth Generation, a program of The Minneapolis Foundation, work together to learn the skills of strategic giving. They visit nonprofits, organize a fundraiser, pool their own donations with contributions from other community members, and make grants to local organizations.

The group has tackled issues such as youth homelessness, small business development, and services for aging Minnesotans. “Fourth Generation gives me the opportunity to learn about community issues that I’m less familiar with,” said member Rebecca Stibbe.

The stigma attached to mental illnesses is one reason that services addressing them are underfunded, said Wendy Wells, who became passionate about the issue after a mental illness struck one of her family members: “My hope is that, someday, mental illness will be considered like any other disease.” So Wells jumped at the chance to support Fourth Generation’s interest in the issue by recommending a grant to the group from her fund at The Minneapolis Foundation.

When the group chose mental health, “I think we initially thought that we’d fund direct services,” Stibbe said, “but we learned that many direct services are funded by the government or health insurance.” Instead, the group identified other important activities to support, including mental health advocacy and services for people with a mental illness who don’t qualify for government assistance.

The nonprofits that Fourth Generation ultimately supported ranged from the Walk-In Counseling Center to the Ars Bellum Foundation, which provides clinical art therapy to veterans. All told, the group granted $50,000 to seven organizations. As Stibbe pointed out, that’s far more than she could give on her own. With Fourth Generation, “I can pool my resources with others and make a bigger difference than I could alone.”

10 11 EDUCATION

Child Care That Plants Seeds of Success Child care is often regarded as a service that enables parents to work. At Baby’s Space, it’s much more.

Baby’s Space serves Little Earth, an American Indian housing development in Minneapolis. The center was started not only to provide excellent child care, but to catalyze change in a high-poverty community.

“We work with the whole family around whatever struggles they’re having,” said Debbie Lund, executive director of Baby’s Space.

All babies need warm, consistent relationships with adults, and Baby’s Space staff nurtures those ties at the center – but they also help parents strengthen them at home.

“We’ve learned that standing in front of a group of parents and teaching them does not work,” Lund said. Instead, Baby’s Space attracts parents with muffins on Mondays and scrapbooking sessions where they talk about challenges informally. On Fridays, all the children – even the infants – get “homework” that families complete together.

“Baby’s Space prepares kids for success in a way that most daycares don’t,” said Kathy Gullickson, whose family has supported the organization through their fund at The Minneapolis Foundation. When Minneapolis Public Schools recently screened the 3- to 5-year-olds at Baby’s Space, all were developmentally on track for kindergarten.

Baby’s Space staff are trained in best practices for early learning, but they also understand how trauma affects kids – critical knowledge in this community.

The center has helped families respond to problems ranging from heroin addiction to area shootings. Staff members rely on their relationships with families to understand what’s going on at home, and how that influences their children’s behavior. “Behind every tear and temper tantrum, there’s something they’re trying to let us know,” Lund said.

Knowing the value of cultural competence, Baby’s Space recruits employees from Little Earth, giving the children local role models and enabling staff members like Yolanda M. Reyes to make a difference far beyond child care. When parents need a ride to a job interview, for example, she’s there. “Wherever they need to go to meet their goals, that’s where we’re going to be,” Reyes said.

12 13 ECONOMIC VITALITY

Building a Company from the Ground Up LaMont Bowens has always had a passion for construction. By the time he was 19, he was renovating houses. When he moved to Minnesota, he started as a carpenter.

To advance his career, Bowens enrolled in construction management at North Hennepin Community College. For two years, he took night classes while working on projects like the new Vikings stadium. When he graduated, he interned as a field engineer with Mortenson Construction.

By then, Bowens knew that he wanted to start his own construction business, but there were barriers. “The most challenging part was not having the money to finance a contract,” he said. “I had the mindset and the skills of a large general contractor, but I didn’t have the money.”

Bowens got help from the Northside Economic Opportunity Network. NEON, a nonprofit supported by The Minneapolis Foundation, helps low- and moderate-income entrepreneurs start and grow their businesses. “We started working with LaMont when he was in the early stage of envisioning his business,” said NEON President Marcus Owens. “After completing our entrepreneur training and working with our Business Advisor one-on-one to refine his business plan, he worked hard and was committed to making his plan a reality.”

With help from NEON, Bowens got a loan of $8,000 from the Metropolitan Consortium of Community Developers that enabled his company to make payroll and cover other costs as it took on its first contract. It was a small sum that Bowens repaid in just 30 days, but it made, he said, “a big difference.”

Since then, Bowens Companies has tackled projects all over the metro, from Medtronic to the Mall of America. In a twist of fate, the company also landed at The Minneapolis Foundation this spring, taking charge of demolition and clean up as a subcontractor on the Foundation’s office renovation.

“When small businesses grow, their success has ripple effects that benefit the whole community,” said Colleen Byrne, the Foundation’s business services manager. “I love to see the Foundation being part of that process.”

14 15 CIVIC ENGAGEMENT

Nonprofit Leaders Team up to Grow Resources in the Somali Community On a spring day just before Ramadan, the staff and volunteers of a South Minneapolis nonprofit helped women carry bags of bread, cauliflower, and watermelons from a warehouse they’d recently transformed into the city’s newest food shelf. Run by Isuroon, an organization that promotes the well-being and empowerment of Somali women, the food shelf is just one way that Somali-led nonprofits are addressing needs and strengthening ties, within and beyond their community.

Given the poverty of Minnesota’s Somali community, this food is needed. But Isuroon’s vision is much larger. As executive director Fartun Weli explained, the food shelf is part of the concept for a community space where she hopes Somali Minnesotans will someday gather for everything from social events to immunizations – “to connect to existing services, build resilience, and identify community priorities.”

Weli believes that no one is better positioned to address challenges facing the Somali community than Somali Minnesotans themselves. But Isuroon operates on a shoestring budget, and she knows that realizing the nonprofit’s vision will take teamwork.

That philosophy drives the Coalition of Minnesota African Leaders, an initiative seeded by The Minneapolis Foundation in response to needs expressed by Somali leaders. Facilitated by Hamse Warfa, a consultant and former program officer at a private foundation, the coalition includes Weli and seven other Somali nonprofit leaders. Warfa is helping them grow the capacity of their organizations, increase their collaboration, advocate for better public policies, and learn how to navigate that pose barriers.

The coalition is also closing gaps between Somali-led nonprofits and larger “mainstream” organizations, with Warfa acting as a cultural broker on projects such as Isuroon’s food shelf. After Weli told him about the food shelf, which Isuroon had been trying to open for two-and-a-half years, Warfa reached out to Second Harvest Heartland, a large Minnesota-based food bank.

Second Harvest agreed not only to provide food for the new food shelf, but also to help Isuroon with its fundraising strategy. Both partners bring something to the table. Second Harvest has a lot to learn from Isuroon, said Michelle Heerey, the food bank’s director of Field Services. “They’re the experts in terms of serving the Somali community.”

16 Consolidated Statement of Activities* As of March 31, 2016

Temporarily Permanently Unrestricted Restricted Restricted 2016 Total REVENUES, GAINS, AND OTHER SUPPORT Total Amount Raised $ 52,798,735 $ 1,349,148 $ - $ 54,147,883 Less: Amounts Received for Benefits of Others 4,967,829 - - 4,967,829 Contributions, Net 47,830,906 1,349,148 - 49,180,054 Total Investment Income, Net of Investment Expenses (16,791,681) (2,142,446) - (18,934,127) Less: Investment Income from Charitable Funds Held for Benefit of Others (973,525) - - (973,525) Investment Income, Net (15,818,156) (2,142,446) - (17,960,602) Change in Value of Trusts - (275,410) (1,493,845) (1,769,255) Administrative Service Revenue from Agency Funds and Private Foundations 446,545 - - 446,545 Note Receivable Interest and Other Income 3,562,208 12,098 - 3,574,306 Net Assets Released from Restrictions 5,459,654 (5,459,654) - - Total Revenues, Gains, and Other Support 41,481,157 (6,516,264) (1,493,845) 33,471,048

EXPENSES Program Services: Total Grants 57,471,570 - - 57,471,570 Less: Grants Made for Benefit of Charitable Funds Held 1,162,790 - - 1,162,790 Grants 56,308,780 - - 56,308,780 Program Service Expense 7,657,835 - - 7,657,835 Support Services Expense: Management and General Administrative 2,783,279 - - 2,783,279 Fund Raising 2,089,040 - - 2,089,040 Total Expenses 68,838,934 - - 68,838,934

CHANGE IN NET ASSETS (27,357,777) (6,516,264) (1,493,845) (35,367,886)

Net Assets - Beginning of Year 546,461,434 73,258,731 35,968,696 655,688,861

NET ASSETS - END OF YEAR $519,103,657 $66,742,467 $34,474,851 $620,320,975

The complete audited financials and accompanying notes are available for review by emailing: [email protected]

17 Consolidated Statement of Financial Position* As of March 31, 2016 (end of fiscal year)

2016 2015 ASSETS

Cash and Cash Equivalents $ 13,224,448 $ 12,385,347 Interest and Dividends Receivable 870,290 938,892 Accounts Receivable 972,374 1,365,616 Prepaids 71,089 159,316 Investments 551,181,959 577,657,083 Other Assets 2,127,096 2,163,188 Loans Receivable, Net 19,610,515 19,676,941 Notes Receivable 42,495,212 44,084,721 Beneficial Interest in Trusts 48,369,106 50,772,498 Furniture, Fixtures, Equipment, and Leasehold Improvements (Less Accumulated Depreciation of $2,682,705 and $3,078,747 as of March 31, 2016 and 2015, Respectively) 653,617 150,289

Total Assets $679,575,706 $709,353,891

LIABILITIES AND NET ASSETS

LIABILITIES Accounts Payable and Accrued Liabilities $2,070,400 $1,146,452 Grants Payable 4,312,159 4,548,350 Notes Payable 12,273,346 12,246,586 Deferred Lease Credits 480,706 39,886 Amounts Due Beneficiaries 14,031,831 12,254,583 Charitable Funds Held for the Benefit of Others 26,086,289 23,429,173 Total Liabilities 59,254,731 53,665,030

NET ASSETS Unrestricted 519,103,657 546,461,434 Temporarily Restricted 66,742,467 73,258,731 Permanently Restricted 34,474,851 35,968,696 Total Net Assets 620,320,975 655,688,861

Total Liabilities and Net Assets $679,575,706 $709,353,891

*Note that the financial statements are prepared on an accrual basis in accordance with GAAP.

18 Minnesota Donor Advised Funds Grown Fund Types These funds enable donors to make a charitable gift, A community foundation reflects the diversity of donors’ interests receive an immediate tax benefit, and then recommend and passions. Donors at The Minneapolis Foundation can select Seeds of Tomorrow grants from the fund over time. They are established from a variety of fund types to turn their charitable dreams into by individuals, families, foundations, or businesses that value reality. By administering these funds, the Foundation is proud administrative ease and cost efficiency, but still want to be actively to support the generous individuals who are responding to the involved in the grantmaking process. Contributions to these funds community needs of today and tomorrow. are tax-deductible, but there are no IRS regulations about when dollars need to be distributed. Donor Advised Funds are often the Minnesota Supporting Organizations Grown right answer for: people selling a business or facing a liquidity or tax A tax-wise and potentially less restrictive alternative issue; individuals who require due diligence before selecting charitable to a private foundation, Supporting Organizations recipients; donors who want to involve other family members in Seeds of Tomorrow enable donors to hire staff and convene a board. decision-making; and folks who wish to make their gifts anonymously. The Minneapolis Foundation handles all administrative and grantmaking oversight, including IRS-mandated tax returns and Minnesota Signature Funds Grown annual audits. Supporting Organizations are individual 501(c)(3) For individuals, families, and businesses considering a public charities under Section 509(a)(3) of the tax code and should charitable foundation of $1 million or more, Signature have assets of at least $5 million. Although they have their own Seeds of Tomorrow Funds combine the name recognition of a private tax ID number and donations receive the maximum level of tax foundation with the privacy, flexibility, and tax advantages of a deductions, each Supporting Organization is covered by the umbrella Donor Advised Fund. of the community foundation, and its grants and activities must fulfill and support the charitable purposes of The Minneapolis Foundation. Minnesota Legacy Funds Grown These permanently endowed funds are created by living donors or through estate gifts. Donors may create Seeds of Tomorrow their own funds or pool their resources with those of other generous donors to achieve even greater impact. Legacy Funds are invested for the long term, with annual distributions to organizations working within 12 specific areas of interest. These funds make it possible for donors to support causes close to their hearts well beyond their lifetimes.

19 Minnesota Field of Interest Funds Minnesota Charitable Remainder Trusts Grown Grown These funds are similar to Legacy Funds, except that A Charitable Remainder Trust allows a donor to donors choose one or more focal points for their irrevocably transfer assets into a trust. The trust pays Seeds of Tomorrow giving. (These can be stated as broadly as “health” or as Seeds of Tomorrow income to beneficiaries throughout their lifetimes. Then narrowly as “nutrition for mothers in greater Minneapolis.”) The the remainder goes to a fund at the Foundation. grantmaking decisions for these endowed funds are made within defined guidelines over long periods of time by The Minneapolis Minnesota Charitable Lead Trusts Grown Foundation, with grants supporting organizations engaged in the A Charitable Lead Trust, which a donor seeds with focus area established by the donor. irrevocably transferred assets, provides for payment to

Seeds of Tomorrow a fund at the Foundation during a fixed term. Then

Minnesota Designated Beneficiary Funds the balance of the trust assets is distributed to one or more Grown Designated Beneficiary Funds are endowed funds individual beneficiaries. established by donors to support one or more specific

Seeds of Tomorrow nonprofit organizations in perpetuity. These are Minnesota Retained Life Estates Grown commonly established through an estate plan as a way to As defined by federal tax law, these gifts permit the continue providing annual financial support to the organizations a donation of a personal residence, vacation home, or farm donor supported during his or her lifetime. Seeds of Tomorrow with the donor retaining the right to occupy it for a period of time. A life estate may be retained for one or more lives,

Minnesota Scholarship Funds or it may be retained for a term of years. Grown Often created in honor or memory of a loved one,

Minnesota Community Builder Bequests Scholarship Funds provide financial support to Grown Seeds of Tomorrow deserving students. Scholarships can be established to Community Builders have made a lasting commitment support graduates of, or those attending, a particular school. to the community, the charities, and the causes The initial minimum funding to endow a scholarship is $125,000. Seeds of Tomorrow they value. These philanthropists have trusted The Minneapolis Foundation to carefully manage and distribute their Minnesota Community Action Funds Grown charitable funds for generations. Over generations, donors have left gifts directly to

The Minneapolis Foundation to use in addressing Minnesota Pay It Forward FOREVER Fund Grown Seeds of Tomorrow community needs. These endowed gifts provide Created to celebrate The Minneapolis Foundation’s resources annually to help improve the quality of life for everyone Centennial, this fund is bringing together 100 visionary in our community. They are invested in strategies like grantmaking, Seeds of Tomorrow philanthropists with gifts of $25,000 apiece to establish advocacy, convenings and collaborations, and public awareness a lasting legacy for Minneapolis. The Foundation will invest these campaigns. Grants are awarded to nonprofits through a competitive gifts until 2065, when it will grant out 80 percent of the fund to process. meet community needs and retain the remaining 20 percent to grow Current focus areas of these funds are: the fund. Every 50 years, the Foundation will repeat the process— • Education: Putting all students on track for college and careers. paying it forward forever. Please consider joining us! • Civic Engagement: Enabling all communities to participate in our democracy and in public decision-making. Questions about any of these funds? Please let a Foundation • Economic Vitality: Building a competitive and inclusive workforce. Philanthropic Advisor be your guide! Contact us at 612-672-3878.

Minnesota Specific Purpose Funds Grown These charitable funds are created by The Minneapolis Foundation to receive and distribute assets for a specific Seeds of Tomorrow charitable purpose. Funds are typically created on behalf of groups or organizations that have not yet been designated as 501(c)(3) organizations, or for charitable projects that have a limited term. They usually receive contributions from a broad cross- section of the community.

20 John and Ruth Bergerson Family Fund Elizabeth and Harley Bergren Fund Bergren Family Fund Larry and Ann Berle Fund Shirley and Marshall Besikof Family Fund Marcy and Randy Betcher Family Fund Beuning Family DuBois Legacy Fund Brian and Diana Beutner Family Fund Bill Veazey Youth Development Fund J. Billman Family Fund E. Thomas Binger and Rebecca Rand Fund Birchbark House Advised Fund Karin Birkeland and Lee Mitau Family Fund Blackfoot Pass Fund BLC Foundation Fund Blue Rock Charitable Fund Rick Bock Fund Bockley Brothers Family Fund/Matt Bockley Bockley Brothers Family Fund/Todd Bockley Boeser Family Fund Hugh and Isle Boetcha Fund Bohmann/Riehle Family Fund Richard and Jane Borchers Family Fund Richard J. and Gloria L. Borden Fund Funds of The Boren Family Fund J & J Borger Family Fund Minneapolis Foundation Bortscheller Family Fund Supporting Organizations Bob and Nancy Anderson Family Fund Bow/mann Fund Nonprofits Assistance Fund Eric L. Anderson Fund Reginald and Lesa Bowerman Fund Margaret D. Anderson Fund Larry and Virginia Bradford Fund Signature Funds Rolland R. and Charlotte A. Anderson Fund Douglass Brandenborg Family Foundation Fund Albrecht Family Foundation Tim and Sue Anderson Family Fund Robert and Maryann Brandenburg Family Fund Austin Mutual Insurance Company Foundation Janet V. Andrews and Robert R. Andrews Fund Alan Braun Fund Bayhurst Foundation Charles and Laura Ankeny Fund J. S. and Priscilla W. Braun Family Fund Bernard and Fern Badzin Foundation Harriett Ankeny Chute and Edmund P. Chute Gil Braun Memorial Fund Cannon Family Foundation Family Fund Tom Braun and Felicity Britton Fund Cub Cares Community Fund Don and Joy Ankeny Family Fund Breyer Family Fund David and Leni Moore Family Foundation Marie H. Ankeny Legacy Fund Brody Family Fund Dye Family Foundation Sue and Phil Ankeny Family Fund Chad and Dawn Brommer Legacy Fund Edward R. Bazinet Charitable Foundation Sally A. Anson Fund Edward and Markell C. Brooks Family Fund Eloise and Carl Pohlad Family Fund Apple Autos Scholarship Fund Larry Brown Youth Education Corporation Fund Geisler Family Foundation April 8 Fund J. Peter Brull Fund Glenn W. Hasse Foundation Yvonne Ardiley Fund BT Family Fund Goodale Family Foundation Arneson Family Fund Buckner Family Fund Improving Chances Foundation Andrew F. Arthur and Christie Heikes Family Fund Dan Buettner Family Fund Knopf Family Foundation Annette Atkins and Tom Joyce Fund Tyrone and Delia Bujold Fund Lindquist & Vennum Foundation Dale L. and Ruth G. Bachman Fund Burdick Family Fund Margaret and Angus Wurtele Family Foundation L. W. Bachman Acorn Fund Bob and Ann Burns Family Fund Owen Family Foundation Paul G. and Barbara A. Bachman Family Fund Buschbom Fund Paul and Mary Reyelts Foundation Stanley F. and Georgia M. Bachman Fund Buuck Family Fund Pete and Margie Ankeny Fund Todd L. and Barbara K. Bachman Family Fund Greg and Colleen Byrne Family Fund Proto Labs Foundation Walt and Elizabeth Bachman Fund Caleb Fund Ritz Family Foundation Baci Fund/Rachael Scherer and Stephen Imholte Susan Calmenson Fund Rogue Foundation Hope Hamrin Bailey Fund Robert and Joan Campbell Family Fund The Sauer Foundation Fund Baltins Family Fund Campbell Family Fund Tschudy Family Foundation Barbara Bartlett Fund Margaret A. Cargill Foundation Fund Katherine M. and John C. Barzen Family Fund Carol Brandenburg Family Fund Donor Advised Funds Tim and Vicki Barzen Family Fund Leslie and Judd Carpenter Fund Aaron Fund for Special Needs Children Lee and Barbara D. Bearmon Family Charitable Fund Louann and Scott Carpenter Fund Adams Family Fund Bernie and Patricia Beaver Family Fund Susana and Matthew Carpenter Fund Addicks Hoch Fund Lois and Ron Behm Fund Darlene J. and Richard P. Carroll Family Fund Bruce and Kaye Aho Family Fund Judith Belzer and Jeremy Waldman Fund Richard P. Carroll Fund Alex Sterling Memorial Fund Carol and Judson Bemis, Jr. Fund Dwayne Michael Carter Fund Craig J. Alexander Fund Gardner and Patricia Bemis Fund Robert and Diana Carter Family Fund Alison Ford Balan Fund Ben Alden Memorial Fund Lynn Casey and Michael Thornton Fund Allen Family Charitable Fund Elisabeth R. Bennett Family Fund Heidi Wurtele Castelein Fund Alpert Family Fund Sue and David Bennett Family Fund Jeffrey J. Cavanaugh Fund Altman Fund Benson Family Fund Cerkvenik’s Awesome Fund Ames Fund Dan Berg and Welcome Jerde Fund Rachelle Dockman Chase and John H. Feldman Julia Berg Memorial Fund Family Fund

21 Cherish the Children Fund John F. Eisberg and Susan Kline Charitable Fund John and Cynthia Hart Fund Chinese Heritage Foundation Fund Eisenberg Family Fund Marguerite and Donald L. Harvey Family Fund Chinese Heritage Foundation Grants Fund Jonathan & Jill Eisenberg Family Fund Kristine Kay Hasse Memorial Fund Chosy Family Fund Ellis Family Fund Hasselquist Fund Christopherson Family Fund Ruth and Larry Elwell Family Fund Hawkins Family Fund Paul and Edna Christopherson Fund Emily’s Fund Hawn Family Fund Chronister Family Fund Leon J. and Joan L. Endres Charitable Fund Hayden Family Fund Citron Family Fund Thomas E. and Anita M. Endres Charitable Fund Heart and Mind Fund Richard W. and Jean Illsley Clarke Fund Entegris Charitable Fund Hedding Giving Fund Clarkson Family Fund Lucas Erickson Fund Anne and Peter Heegaard Family Fund Clevenger Fund David Etzwiler and Sarah Truesdell Fund Elizabeth and William G. Heegaard Family Fund Greg and Patty Closser Family Fund Nancy Etzwiler/Dan O’Neill Family Fund Roger F. Heegaard Family Fund Coggins Family Fund Everist Charitable Donations Fund Frank T. Heffelfinger III Community Fund Jeff and Marilyn Rivkin Family Fund Family Memorial Fund Thomas B. and Janine Heffelfinger Family Susan Colby and Lawrence Baill Family Fund Wally and Cecy Faster Family Fund Community Fund Douglas and Sands Coleman Fund Joseph H. and Betty Feilzer Fund Totton P. Heffelfinger Family Fund #2 John and Kathryn Colwell Family Fund Elizabeth Sarquis Fenn Family Fund Heins-Mills Family Fund Cone Family Fund Wade Fenn Family Fund Helmer Family Fund Conley Family Foundation Fund Brian and Ann Ferro Family Fund James R. and Patricia Hemak Fund Jan Conlin and Gene Goetz Fund Steve and Mimi Fisher Family Fund Henphil Pillsbury Fund Conlin/Marron Family Fund Larry Fitzgerald First Down Fund Michele and Andy Herring Family Fund Patricia Anne Connelly Fund Thomas Flint Boundary Waters Wilderness Fund A. and R. Higgins Family Fund Jessica Conrad Fund Richard N. and Carol C. Flint Fund Mary Jean and James F.Higgins Family Fund Robert J. and Lisa M. Conzemius Family Fund Karen A. Florez Fund Jayne and Al Hilde, Jr. Donor Advised Fund William and Elizabeth Cook Family Fund For Polks Fund Tyler Russell Hill Sunshine Fund Cooper Schneier Fund Fox Family Fund Nancy J. Hoeft Fund Cornwell Family Fund Fratzke Family Fund William L. Hoeft Fund Heather Cornwell Fund Friendship University Foundation Fund Hoeg Family Fund Ted Cornwell Fund Terence Fruth and Mary McEvoy Family Fund Ron and Anne Hoffman Family Fund Fritz and Glenda Corrigan Fund Carol and Glen Fuerstneau Family Fund Hognander Family Foundation Julie Corty Family Fund Robert & Caroline Fullerton Fund Bryson D. and Cathryn A. Hollimon Fund J. Kevin Costley Fund Fullerton Family Fund Holloran Family Fund Cox Family Fund Fund of the Four Directions Bill Holm Memorial Fund CQB Fund Melanie Gainsley Memorial Fund Dave and Michelle Horan Family Fund Crawford-Stenson Family Fund Charles A. Geer Family Fund Hosier Family Fund Creekridge Capital Fund Gemini Fund James and Ann Howard Family Fund Crispy Lemon Fund Giesen-O’Byrne Fund Bruce and Gayle Hoyt Fund Henry S. 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22 Michael R. and Jacqueline R. Kavanagh Family Fund Seymour and Susan Mansfield Family Fund Foster Art Company Fund Paul Kay Fund Mark and Charlie’s Gay Lesbian Fund for Moral Values David and Karen Parrin Family Fund Keadue Fund Brian Mark Family Fund Bill and Barbara Pearce Fund Adeline Joanna Keller Memorial Fund Marvin/Kirchner Family Fund Pepin Family Fund Kellogg Commission Company Fund Mary Ann Dorsher and Sven A. Wehrwein Family Fund Robert C. Perkins Family Fund Karen E. Kelley-Ariwoola Fund Maxxon Corporation Charitable Fund S. F. Perkins Fund Kennedy Fund Jason and Deedra McAthie Fund Kenneth and Ann Peters Fund Kerin Family Fund David and Lisa McCarty Family Fund Gary N. and Barbara J. Petersen Fund Bill and Linda Kerker Fund Robert and Polly McCrea Family Fund Nancy Pflager Fund Mark and Beth Kimball Charitable Fund James G. McEachran Fund Pflaum Family Fund Kinder Vealitzek Family Fund Dick and Joyce H. McFarland Family Fund Brad and Sandy Phillips Fund N. 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23 Russell/Delaney Charitable Fund Shea Stremcha Legacy Fund Mike and Janna Wright Fund Rust and Schlafmann Family Fund Robert Striker and Patrice Tetta Family Fund Michael & Catharine Wright Family Fund Jim and Colleen Ryan Family Fund Sulasalmi Fund Christopher Campbell Wurtele Fund Ryan Family Fund John L. Sullivan Fund Andrew Lindley Wurtele Fund Allen and Linda Sacks Family Fund Brian and Mia Sullivan Family Fund Margaret Wurtele Fund Sagan Family Fund Sunstone Fund Jane M. and Oswald S. Wyatt Fund St. Francis Fund Donald F. and Virginia H. Swanson Fund Yomota-Kurland Fund Benno and Marlys Gapstur Sand Family Fund Donald F. Swanson Jr. and Susan E. Swanson Lawrence and Katherine Youngblood Fund Sheva and Tom Sanders Family Fund Family Fund Youth Philanthropy Fund Benjamin Sanderson Fund Charles B. and Margaret L. 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24 NWAF Economic Vitality Fund Doris Overby Fund #2 KFAI Endowment Fund Ohanessian Endowment Fund for Justice and Judge David and Mary Doty Fund The Kingsbury Family Memorial Scholarship Fund Peace Studies Judge David and Mary Doty Fund No. 2 Endowment Fund of the Fund for Children Saint Paul District Dental Fund David L. and Johanna C. Duclos Fund #4 Felice E. Kronfeld Fund Mendon F. Schutt Family Fund William H. Dudley Designated Fund #4 Helen Kuehn Designated Beneficiary Fund Gladys M. Smith Fund East Africa Medical Assistance Foundation Laketrails Base Camp Opportunity Fund Spring Hill Center - General Endowment Fund Opportunity Fund Lakselaget Opportunity Fund Spring Hill Center - Pillsbury Company Fund Dr. E. Daniel Eckberg Scholarship Fund League of Women Voters of Minneapolis 75th F. Van Konynenburg and Jane Van Konynenburg Fund Education Foundation of Bloomington Anniversary Campaign Endowment Fund Roger D. Wells Fund Opportunity Fund Mary G. Lee Fund Annie E. J. Wells Fund Elizabeth Louise Jaquis Sikkink Campership Fund Jack M. Lynch Minnesota Valley National Wildlife West Bank Community Fund Kenneth L. Eppich Fund for the GLBT Community Refuge Fund Charles and Mabel Williams Fund Mark Ewert Charitable Fund Jack M. Lynch Suburban Hennepin Regional Parks First Endowment Fund of the United Methodist District Fund Designated Beneficiary Funds Church of Litchfield MacFarlane Memorial Room Fund 2218 Preservation Endowment Fund Carly Vogel Fisher Temple Israel Memorial Fund Jeffrey C. Mack Fund 35W Remembrance Garden Maintenance Fund Tony Flygare Memorial Fund for Emergency Henry C. and Margaret R. Mackall Fund Minneapolis Public Schools Lillian Lindsten Foodshelf Network Manakiki Camp Fund Scholarship Fund Fraser Advised Fund Rose Marsh Hospitality House Fund Bob and Nancy Anderson Designated Beneficiary William and Kathryn Fredell Fund McFarland DB2016 Fund Fund 2015 Frederick B. Wells Fund John G. and Lois M. McNutt Fund Bob and Nancy Anderson Fund #2 Charles F. Freidheim Fund Frank and Sandra Merriman Fund Andrews - Hunt Fund Alice Warren Gaarden Fund Minneapolis Public Schools Dowling Special Marion H. Andrus Endowment Fund Merrill H. Gibbs Memorial Fund Education Fund - Center Gillespie Center Endowment Fund Minneapolis Public Schools Fund for Teacher Marion H. Andrus Endowment Fund Gillespie Center Reserve Fund Enhancement - Greater Minneapolis Crisis Nursery Girl Scout Council of Greater Minneapolis Minneapolis Public Schools Gladys Tmey Special Marion H. Andrus Endowment Fund Endowment Fund Education Fund - Minnesota Women’s Foundation Global Deaf Connection Endowment Fund Minnesota Network of Hospice & Palliative Care Baby’s Space Fund Global Minnesota Cornerstone Fund Minnesota Jaycees Charitable Foundation Agency Barbara A. Novak Fund for Center for Victims of Torture Global Minnesota Operating Reserve Fund Endowment Fund Duncan G. Barr and Barbara A. Barr Fund Dr. Fred Noah Gordon Charitable Fund Minnesota Jaycees Charitable Foundation Bemidji State University Foundation Fund Fred L. Gray Memorial Fund Endowment Fund Bemis Family Fund Greater Twin Cities United Way Endowment Fund Monitors Foundation Fund Judson and Barbara Bemis Upper Midwest Greater Twin Cities United Way Quasi-Endowment Fund Monroe Bell Fund Metropolitan Opera Auditions Fund Alene Grossman-Vail Place Memorial Endowment Fund Clinton Morrison Fund Helen H. Bennett Memorial Fund Guild Incorporated Endowment Fund MVNA Early Literacy Fund Peter L. Benson Endowment - Creating the Next Oliver C. Hamlin Fund Native American Journalists Association Fund Generation of Asset Champions Charles M. Harrington Fund #26010 North American Swan Fund Blake Schools Fund Charles M. Harrington Fund #26012 Osseo United Methodist Church T.R.U.S.T. Fund Blake Fund Charles M. Harrington Fund #3611-9 Planned Parenthood of Minnesota Fund Bolder Options Invite Fund Helen Harrington Fund Project for Pride in Living Endowment Fund Walter D. Boutell Fund Harrington Foundation Fund Howard P. and Gertrude R. Quealy Fund Boy Scout Foundation Fund Thomas F. Harrison and Gladys B. Harrison Fund Clarence and Rose Ray Memorial Fund John H. Buelow Fund Harvest Prep School Closing the Gap Fund Rebuild Resources Fund/Thomas M. Dale - Dain Jane Burkleo Fund Headwaters Foundation for Justice Fund A Bosworth Scholarship Fund Burnham Orthopedic Lecture Fund Headwaters Foundation for Justice Fund B Redeemer Center for Life Fund John and Caryn Camiolo Fund For Patient Assistance Sharon J. and Marcus W.K. Heffelfinger Fund for ResourceWest Fund CAPI Opportunity Fund Blake School and Colonial Church of Edina River of Life Fund Miriam B. 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Davison Legal Assistance Endowment Fund Gordon R. Johnson Endowment Fund Lowery J. and Mary Ann Smith - Midway YMCA Fund Laurie N. Davison Legal Assistance Endowment Fund #2 Walter H. Judd Fund Joseph Sodd III Memorial Scholarship Fund Laurie N. Davison Legal Assistance Opportunities Fund John Junell Fund Southside Family Charter School Fund George D. Dayton Foundation Fund Bill and Patricia Kelly Fund #2 St. Joe’s “Little Church” Fund William and Corinne Dietrich Fund for the Minnesota Sister Elizabeth Kenny Fund B. W. Stephenson Fund #2931-2 Orchestral Association KFAI Advised Fund Benjamin W. Stephenson Fund #2931-0 Benjamin W. Stephenson Fund #2931-1 Richard and Dorothy Taylor Designated Fund Technology & Innovations Corporation Fund for the Center for Academic Excellence Fund/South Central Service Cooperative

25 Wilma C. Thomas Fund for the Bloomington Kennedy Stanley J. and Isobel K. Shima Scholarship Fund Leland E. and Grace J. Starr Fund Choir Booster Club Stenswick-Benson Scholarship Fund Philip R. and Ellen P. Thomas Memorial Fund Tiwahe Foundation Endowment Fund #2 Bill and Karen Torp Scholarship Fund A. Skidmore and Edith D. Thorpe Fund Twin Cities Heart Foundation Fund Village Scholars Program Fund 2100 Fund Urban Ventures Leadership Foundation Fund Watson Scholarship Fund Fred C. Van Dusen Fund US Jaycees - Power of One - Team 2001 Fund Pearl Voss Fund Visiting Nurse Service Endowment Fund Community Action Funds Edward F. Waite Fund Rosalie E. Wahl Lectureship Fund Ralph D. Alexander Fund George H. Warren Fund Washburn High School Foundation Endowment Fund Elinor Andrews Fund George H. Warren Fund #2839 WHS ‘59 & ‘60 Scholarship Fund Jennie E. Bailey Fund Harvey R. Weesner Fund Grace B. Wells Fund Judson and Barbara Bemis Community Action Fund J. Kimball Whitney and Helen Winton Whitney Fund William E. and Catherine R. Drinkard Fund Eleanor A. Bishop Fund Charles Marcus Williams Fund John S. Winston Family Fund Frances A. Blake and Ralph R. Blake Fund Charles J. Winton, Jr. and David J. Winton Fund Woman’s Christian Association Endowment Fund Walter D. Boutell Fund Berdie S. Yetter Fund WomenVenture Endowment Fund Dorothy Brisco Community Action Fund WomenVenture Opportunity Fund Arliss Sherin Cady and Fred C. Cady Fund Specific Purpose Funds North Minneapolis YMCA Endowment Fund Community Action Fund Pool - Unrestricted All Day Kindergarten Fund Leonard G. Carpenter Fund Centennial Fund Scholarship Funds Mary and Raymond Clausen Fund Civic Engagement Fund Ada-Borup High School “Career Builder” Scholarship Combined Fund Number One Community Impact Evaluation Fund Amy Nicolle Johnson Scholarship Fund Combined Fund Number Two Community Leadership Endowment Fund Harry A. Blackmun Scholarship Fund Combined Fund Number Three Community Leadership Fund Tom Bloom Scholarship Fund Community Improvement Fund Community Summit Fund Don and Marge Bohn Scholarship Fund Thomas M. Crosby Fund East Phillips Park Cultural and Community Center Gilbert C. Braun Scholarship Fund Frank and Irene Donaldson Fund Partnership Capital Fund LouElla Peterson Braun Scholarship Fund Burdette H. Durst Community Action Fund Embracing Immigration Fund Carly Vogel Fisher Memorial Scholarship Fund Emma B. Howe Memorial Foundation Education Transformation Initiative Fund Emmett Carson, Sr. Memorial Scholarship Fund Lawrence and Florence Fagerstrom Fund Fourth Generation Fund Valerie Chabot Scholarship Fund John F. Finn Foundation Fund Fourth Generation Operating Fund Adam Arthur Cooke Memorial Scholarship Fund B. C. Gamble and P. W. Skogmo Fund Fund to End Homelessness in Minnesota Destination 2010 Scholarship Fund Ashby U. and Laura Grevious Gaskins Fund Harvest Network of Schools Fund Edina ABC Foundation Scholarship Fund Gordon William Gieseke Memorial Fund Latino Lead Fund Edison Class of 1950 Scholarship Fund Elizabeth A. Hale Fund Matching Grant Program Fund Leon E. and Patricia A. Endres Ag Scholarship Fund Rosalie Heffelfinger Hall Fund Minnesota Bottom Line Fund Zachary Breck Florenzano Scholarship Fund Millard C. Hamer Fund Minnesota Comeback - Great MN Schools Gleason Glover Scholarship Fund Oliver C. Hamlin Fund Minnesota Comeback - Strategic Fund Vianne L. Griffin Memorial Scholarship Fund Charles M. Harrington Fund #3652 Minnesota DREAMers Fund Roy and Vonnee Jackson Scholarship Fund Helen Harrington Fund MN Bottom Line Program Fund Edith Walters Jones and Robert Jones Endowment Helen Harrington Fund #12469 Minnesota Education Philanthropy Research and Fund in Memory of Stanford Robert Jones Totton P. Heffelfinger Family Fund Analysis Fund Latino Scholarship Fund Sharon I. and Marcus W.K. Heffelfinger One Minneapolis, One Read Fund Mary Minell Scholarship Fund Community Action Fund Pay It Forward FOREVER Fund Minneapolis Public Schools Richard R. Green Helen Hubbell Fund PPREP Funders’ Network Fund Scholarship Fund Gordon R. Johnson Endowment Fund RE-AMP Network Administrative Fund Minneapolis Public Schools Marilyn Fedderly Quist Herschel V. Jones Fund Sharon Sayles Belton Tribute Fund Scholarship Fund Ella S. Martin Fund Spotlight on Crime Fund Minneapolis Public Schools Frank N. Borea Faeth and James McGowan Fund TEAL Elementary Academy for Learning Fund Scholarship Fund Elizabeth H. Mitchell Fund TORCH Community Fund Minneapolis Public Schools Endowed Scholarship Fund Frank L. Morrison Fund Urban Adventure Fund Minneapolis Public Schools Win Wallin Teacher Florence C. Morrison Fund Training Scholarship Fund Rudolph O. Naused Fund Discretionary Funds Minneapolis Public Schools Edison Youth Hockey Anna V. Nelson Fund President’s Discretionary Fund Scholarship Fund Margaret L. Nesgen Fund Trustees Fund Minnesota Association for Korean Americans Gretchen Field Pillsbury Fund Scholarship Fund ProNeighborhoods Fund Charitable Remainder Trusts Mark Moeller Scholarship Endowment Fund Martha Sweatt Reed and A. Lachlan Reed Marty and Doug Appleby Charitable Remainder Corky Nord Fund Community Action Fund Unitrust Omicron Boule Fund Carl J. Remick, Jr. Fund H. C. Atwood Memorial Trust Patridge/Brisco Scholarship for Milbank Emma E. Rogers Fund Lee W. Bachman Charitable Remainder Unitrust High School Graduates Albert and Linda Rusnak Fund George W. Bauman Trust Robert and June Paulson Scholarship Fund Leone Schatzkin Fund John and Diane Breeding Charitable Remainder Duncan M. Putnam Scholarship Fund Mendon F. Schutt Family Fund Unitrust Kara Seitz Scholarship Fund Annette Scroggins Fund Walter and Elsa Carpenter Charitable Phillip Austin Semmer Memorial Scholarship Fund Francys E. Shull Fund Remainder Unitrust Tom and Adine Skoog Community Action Fund John R. and Phyllis M. Charlton Charitable Remainder Loring M. Staples Fund Annuity Trust

26 Phyllis Daugherty Colwell 1999 Charitable Remainder Charitable Gift Annuities William and Elizabeth Cook Jean and Joe Crocker Charitable Remainder Unitrust Monroe Bell Charitable Gift Annuity #1 Kitty and David Crosby Jean G. Crocker and Joseph C. Crocker 2006 Monroe Bell Charitable Gift Annuity #4 David Dayton Charitable Remainder Unitrust Monroe Bell Charitable Gift Annuity #2 Charles M. Denny, Jr. Charles M. Denny, R. and Carol E. Denny Charitable Monroe Bell Charitable Gift Annuity #3 Henry Doerr Memorial Fund Remainder Unitrust CGA Dummy Fund Terrance and Susan Dolan Robert J. and Marilyn M. Devereaux Charitable Unitrust CGA Dummy Perm Restricted Timothy P. Dordell and Kirk D. Ballard Fred L. Dodd Charitable Remainder Annuity Trust #1 Dolly Marshall Charitable Gift Annuity For CVT Dye Family Fund Fred Lincoln Dodd Charitable Remainder Annuity William E. Drinkard Charitable Gift Annuity Peter Eisenberg and Mary Cajacob Trust #2 William E. Drinkard Charitable Gift Annuity #2 Al, Susan, Allie, Kasey and Tara Fan Kenneth L. Eppich Charitable Remainder Unitrust Dudley Flamm Gift Annuity #2 John and Jean Geisler Family Fund Marion G. Etzwiler Charitable Remainder Unitrust Dudley Flamm Charitable Gift Annuity for Center for Great Clips, Inc. James C. Fredrickson Trust Victims of Torture Gullickson Family Joseph Friberg Charitable Remainder Unitrust William and Kathryn Fredell Flexible Deferred Hubbard Broadcasting, Inc. Fulmer Charitable Remainder Unitrust Gift Annuity Amy, James, Richard and Levon Knopf Bertin C. Gamble Trust Under Will William and Kathryn Fredell Deferred Charitable Gift Laurie and Joel Kramer Ann Gehrman 1990 Charitable Annuity Trust Annuity #2 Sophia Julia Kurowski Fund Goodrich Lowry Trust Alan and Roni Gingold Charitable Gift Annuity John and Nancy Lindahl Joan and R. Donald Hawkinson 1999 Charitable Elaine Gingold Charitable Gift Annuity Weiming and Caroline Lu Remainder Unitrust Bernice Cowl Gordon Charitable Gift Annuity Dick and Joyce McFarland Marcus W. K. Heffelfinger Charitable Remainder Unitrust Walter and Deanna Hanson Gift Annuity Lucy and Robert Mitchell Sharon I. and Marcus W. K. Heffelfinger Charitable Ann Hardt Charitable Gift Annuity for Raymond and Mary Mithun Remainder Unitrust No. 2 Nonviolent Peaceforce John, David, Bruce and Charles Mooty Families Sharon I. Heffelfinger Charitable Remainder Unitrust Joan Jaffee Charitable Gift Annuity Vance K. Opperman Sharon I. and Marcus W. K. Heffelfinger Charitable Felice E. Kronfeld Charitable Gift Annuity Buzz and Carolyn Pierce Remainder Unitrust John Leinenweber Charitable Gift Annuity The Jay and Rose Phillips Family Foundation Janice Hennings 1990 Charitable Annuity Trust Richard Lundy Charitable Gift Annuity of Minnesota Nancy Jean Hoeft Charitable Remainder Unitrust Steve Mayer and Susan Doherty Charitable Gift Annuity James O. Pohlad Doris A. Horton Charitable Remainder Unitrust M. E. Miller Deferred Charitable Gift Annuity #1 Robert and Rebecca Pohlad Gretchen Karstens 1990 Charitable Annuity Trust M. E. Miller Flexible Deferred Gift Annuity #2 William M. Pohlad Carol Ann Kincaid Charitable Remainder Unitrust M. E. Miller Flexible Gift Annuity #3 Ann Marie Possis Margaret Spence Larsen and Robert C. Larsen 1996 Paul G. Slaton Charitable Gift Annuity James M. Ramstad Charitable Remainder Unitrust Cheryl Wilfong Deferred CGA Norm Rickeman and Kathy Murphy Jane C. Lenz Charitable Remainder Unitrust John and Sandra Roe Fund Fay L. Mahr Residuary Trust U/W Retained Life Estate Steve and Marilyn Rothschild Robert W. Maynard Charitable Remainder Unitrust Laura Grevious Gaskins RLE R.T. Rybak Richard and Joyce McFarland Charitable Brian and Nancy Siska Remainder Unitrust Employee Assistance Funds Dr. M.F. Tchou Memorial Fund Lynn Milbrett and Mary Milbrett Charitable C.H. Robinson Employee Hardship Fund Mark and Kimberly Thompson Remainder Unitrust Carlson Cares Employee Assistance Fund Karen R. Viskochil Clinton Morrison Charitable Remainder Unitrust #1 Gander Mountain Associates Emergency Fund R. Berta Web Clinton Morrison Charitable Remainder Unitrust #2 Lunds and Byerly’s Family Assistance Fund John and Margie Wiehoff Dan and Carol Mulheran Charitable Remainder Unitrust Melrose Employee Critical Need Fund David A. Wilson and Michael J. Peterman Carol J. Obst Charitable Remainder Unitrust U. S. Bank Employee Assistance Fund Sandra L. Vargas William R. and Barbara A. Pearce 1993 Unitrust C. Angus and Margaret Wurtele William R. and Barbara A. Pearce 1992 Unitrust Pay It Forward FOREVER Funds The Wyatt Family Karen Schreiner Charitable Remainder Unitrust Anonymous—4 Ruth G. Sherman 1988 Charitable Annuity Trust Sally Leafman Appelbaum Community Builders Jo Ann Terriquez Charitable Remainder Unitrust Bruce and Martha Atwater Jeff Alden and Paulette Bates Alden Young Family Charitable Remainder Unitrust Julie and Doug Baker Family Foundation Eric Lyle Anderson Cheryl Bazinet Sally Appelbaum Charitable Lead Trusts Ed Bazinet Stuart Appelbaum and Ms. Jean King Doug and Marty Appleby Barbara Bemis Charitable Lead Unitrust Kathy Bazinet Martin Paul Bachleitner Fredric W. Corrigan Charitable Lead Trust Maureen Bazinet Beck Lee W. Bachman Michael and Carol Cushmore Charitable Lead Elisabeth R. Bennett Douglas M. Baker Annuity Trust Robert and Pearl Bergad Barbara A. Barr Goodale 2008 Charitable Lead Trust #2 Karen J. Birkeland and Lee R. Mitau Kate and Roger Barr Goodale 2008 Charitable Lead Trust #3 Susan, Jay and Celia Boren Barbara and Lee Bearmon Hilde Family Charitable Lead Annuity Trust Tom Braun and Felicity Britton Ronald E. Beckstrom Hoeft Family Charitable Lead Unitrust Conley and Marney Brooks Fund Sue Bennett Judith A. Brierton 2015 Charitable Lead Trust Buuck Family Foundation Pearl L. Bergad Kendrick B. Melrose Charitable Lead Annuity Trust Cannon Family Foundation Harley E. Bergren Philip W. Pillsbury Jr. Charitable Lead Trust Mike and Ann Ciresi Nancy Bohn Alan Tholkes Charitable Lead Annuity Trust Jan Conlin and Gene Goetz Rod Boren Susan S. Boren Craig Bower and Deborah Schmedemann J. S. and Priscilla W. Braun John G. Breeding

27 William J. Brody and Ms. Bronwen L. Cound Dr. Robert E. Heeter Katharine C. Owens Conley Brooks, Jr. Patricia K. Henderson Dr. Patricia R. Palmerton Colleen M. Byrne Tom and Patty Holloran Mr. and Mrs. William R. Pearce James R. Campbell Vicki L. Hooper Sharon M. Pearson Elsa M. Carpenter Mr. and Mrs. Leo Hopf Melissa Penrose Darlene J. and Richard P. Carroll Doris A. Horton Rick and Suzanne Pepin Drs. Emmett Carson and Jacqueline Copeland Carson Mr. and Mrs. James Howard William and Mary Ellis Peterson John P. Case Mr. and Mrs. Bruce Hutchins Cindy and Addison Piper Lynn Casey and Michael Thornton Sharon Ireland David L. Piper Phyllis M. Charlton Stephen M. Jackson Ann Possis E. Samuel Chase III Lyle D. James Mr. and Mrs. Walter Pratt Rachelle Dockman Chase Roger W. and Mary Lou Jensen Jackie Prince Kathleen J. Christopherson Dan Berg and Welcome Jerde Gary and Kathleen Propp Mr. and Mrs. Thomas Colwell Mr. and Mrs. Dennis W. Johnson Joyce Prudden and Michael Shoop Robert Corrick and Beth Parkhill The Honorable William Johnson and Mrs. Johnson Marilyn Fedderly Quist Mr. and Mrs. Fredric W. Corrigan Dona M. Jordan Mr. and Mrs. Hal Ransom Judy Crawford Jonathan Kagan and Gail Brottman Kagan Gary B. and Susan Rappaport Mr. and Mrs. Peter Crawford Mr. and Mrs. Samuel L. Kaplan Paul H. Ravich Mr. and Mrs. Joseph C. Crocker David Katkov and Patricia Wyffels Friedrich A. Reeker Spencer Crum and Lisa Bachman Genevieve S. Katkov Angela Bohmann and Jonathan Riehle Barbara Cummard Marlene Kayser Sarah Rockler Howard and Mary Ann Dahlheimer Karen E. Kelley-Ariwoola Mr. and Mrs. James Rockwell Mr. and Mrs. Kent W. Davidson Susan Funk and Wood Kidner Peter M. Rogers Sherry Ann and Ned Dayton Ann Kincaid Mr. and Mrs. John A. Rollwagen Cy and Paula DeCosse Louis J. King Mr. and Mrs. Stephen Roszell Charles M. Denny, Jr. Eric and Jeanne Knox Mr. and Mrs. Albert Rusnak Mr. and Mrs. Robert J. Devereaux Ron and Jeryn Konezny Colleen C. Ryan Marilyn R. Dodge Robin Krois Mr. and Mrs. Robert H. Rydland Catherine Dorr Dr. Alan Laorr and Brakovec Laorr Terry Saario and Lee Lynch Sven Wehrwein and Mary Ann Dorsher David and Karen Larsen Erik and Jane Saltvold Barbara Eiger Sheila and James Leatherman Mr. and Mrs. Earl S. Sanford John F. Eisberg Jane C. Lenz Elizabeth Victoria Sarquis Marion G. Etzwiler Dianne S. Lev Denise Scharlemann and Robert Cochrane Margaret Everist Fred Leverentz and Sharon Grimes Romaine Scharlemann and Richard Baker Dr. James F. Feilzer Bridget and Ross Levin Robert Schauinger and Linda King Joyce and Hal Field Lynn S. Levinson Karen Schreiner Karen S. Finney Virginia Levy Mr. and Mrs. Clinton A. Schroeder David F. Fitzgerald Mr. and Mrs. Daniel T. Lindsay Thomas and Kyle Schulz Richard and Carol Flint Judith Lundeen and Douglas Briedwell Robert and Charlotte Shadduck Mr. and Mrs. Woodson Fountain Reverend Richard Lundy and Lucille Goodwyne Catherine K. Sheehan Dennis Frandsen Kevin Lynch Daniel M. Stenoien Mr. and Mrs. William Fredell Patricia A. Lyon William and Manon Sternberg Joseph Friberg Jan Lysen Don W. Taylor Anthony L. Genia Jeffrey C. Mack Linda Tedford Theodore Giannobile Brian Malloy Mr. and Mrs. Marvin Thor Elaine L. Gingold Emily Maltz Al Trostel and Parker Trostel Dr. Sharon T. Glover Drs. Margaret and John Marini Louis A. Tschudy Morris Goodwin Jr. Dolly Marshall Mr. and Mrs. Ronald Vantine Reverend Richard Lundy and Lucille Goodwyne Jerry and Linda Martin Sandra L. Vargas Bernice Cowl Gordon Patricia A Martinson Mary W. Vaughan Kathy and Hazen Graves Robert W. Maynard Manuel and Elizabeth Villafana Mr. and Mrs. Gregory Gray Scott R. McConnell Karen Viskochil Walter C. Gray Joyce and Richard McFarland Mr. and Mrs. Keith Watschke Polly Grose Janet I. McKay Ellen Wells Joan A. Growe Kendrick B. Melrose Elizabeth J. Wexler David Gutzke and Jeanette Colby Mr. and Mrs. Lynn Milbrett Pat Whitcomb and Patty Napier Roger Hale and Nor Hall Mr. and Mrs. Roland Minda Desiree Whitney Deanna and Walter Hanson Lucy C. Mitchell Renata Winsor Ann Hardt Mr. and Mrs. Robert Moeller Mr. and Mrs. John H. Wolfe Jeri J. Harris Shirley Moore Medora Woods Pamela M. Harris Vicki L. Moore Mr. and Mrs. C. Angus Wurtele Marguerite Harvey Mr. and Mrs. Daniel Mulheran Richard and Carolyn Young Mr. and Mrs. R. Donald Hawkinson Clareyse Nelson Michael Ziomko Bud and Carol Hayden Mr. and Mrs. Charles E. Newman Peter and Anne Heegaard Thomas E. Oram Carol Ostrow Nancy F. Owen

28 Current Board of Trustees CHAIR Norman Rickeman – Retired Managing Partner Justin Persuitti, CFA – Senior Investment Analyst Accenture Margaret A. Cargill Philanthropies

VICE CHAIR Brian J. Pietsch – Senior Vice President, State Government Affairs Nekima Levy-Pounds – Attorney at Law & Community Relations Ameriprise Financial TREASURER Sven A. Wehrwein – Professional Director for Gretchen Piper – President Emerging-Growth Companies Gretchen Piper, LLC

SECRETARY R.T. Rybak – President/CEO Suzanne Koepplinger, M.A. – Catalyst Initiative Director The Minneapolis Foundation George Family Foundation Steven M. Rothschild – Board Chairman and Founder Tim Baylor – Chief Manager Twin Cities RISE! JADT Companies Phil Smith – Managing Director Maureen Bazinet Beck – Retired Educator and Fund Manager BMO Capital Markets

Ann B. Burns – Principal Margie Soran – Executive Director Gray Plant Mooty Soran Foundation

Jan M. Conlin – Founding Partner Lowell Stortz – Chair of the Firm Ciresi Conlin LLP Stinson Leonard Street

Gary Cunningham – President and CEO John Sullivan – Executive Vice President and General Counsel Metropolitan Economic Development Association Carlson

Terry Dolan – Vice Chair and Chief Financial Officer Ben Whitney – Managing General Partner U.S. Bancorp Argus Management

Al Fan – Executive Director Jane Wyatt, CFA – Vice President and Client Portfolio Manager Minnesota Comeback Advantus Capital Management

Robert Fullerton – Chairman In Gratitude Blue Rock Advisors To these community leaders, who donated their time and talents in support of the Foundation and have completed their board terms, Archie Givens, Jr. – President and CEO we extend our heartfelt thanks and farewell: Legacy Management • Julia Quanrud – Sr. Program Manager Tonya Jackman Hampton, Ed.D – Senior Director, MN Reading & Math Corps Diversity, Inclusion, and Engagement • Ellen Valde – Rockies Market Managing Partner HealthPartners PricewaterhouseCoopers Lisa Johnson – Vice President, Client Advisor • Sandra Vargas – retired CEO/President of Bernstein Private Wealth Management The Minneapolis Foundation

Todd J. Lifson – Partner Lurie LLP

David Mortenson – Chairman M. A. Mortenson Company

Patty Murphy – Community Volunteer

Gloria Perez – President and CEO Jeremiah Program

29 Advisory Committee Members Donor Advisor Committee Professional Advisor Committee Ginna Portman Amis Stuart Bear – Chestnut Cambronne Carol Brandenburg Nancy Bergstrom – Meristem Lou Burdick Suzann Brown – U.S. Bank Paula DeCosse Laura Carlson – Faegre Baker Daniels Lowell P. Jacobsen Virginia Harn – CliftonLarsonAllen Joel Kramer Sean Hauenstein – Copeland Buhl Monica L. Little David Horan – UBS Kathleen F. MacLennan Lori Hume – Wipfli Suzanne Pepin Jessica Johnson – Gray Plant Mooty Ronald J. Poole Julie Krieger – Evercore Paul C. Reyelts Kathleen Longo – Flourish Wealth Management Margaret Soran Mike Metzger – Ameriprise Alison Midden – Briggs and Morgan Fourth Generation Advisory Board John Sullivan – Board of Trustees Clare Eisenberg Shane Swanson – Stinson Leonard Street Kelsey Gantzer Mavis Van Sambeek – Lindquist & Vennum Lisa Johnson Dave Zaudtke – Eide Bailly James Murphy Alysen Nesse Julia L. Quanrud Sam Rosenbaum Lauren Routhier Katie Sorensen Alana Stimes Jenna Temte

Investment Committee (Non-Board Members) Sue Slocum – Treasurer and Investment Manager, Children’s Hospitals & Clinics of MN Drew Smith – CFA, Vice President & Sr. Investment Officer, Advantus Capital Management Mark Thompson – CFA, Co-founder and Principal, Riverbridge Partners The Minneapolis Foundation...where your giving goes further. 800 IDS Center | 80 South Eighth Street | Minneapolis, MN 55402 | 612-672-3878 www.MinneapolisFoundation.org