2024-05-13T10:56:48-05:00 2023-12-31 861065772 DELOITTE TAX LLP 50 SOUTH SIXTH STREET MINNEAPOLIS MN 55402 990PF 2023-01-01 416023537 THE GRACO FOUNDATION GRAC 6126236729 PO BOX 1441 MINNEAPOLIS MN 554401441 JANEL FRENCH TREASURER 6126236729 2024-05-09 1 JANEL FRENCH 999009999 0 SARAH REDDEN P00898534 6123974000 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X 22405296 X X 314133 314133 -310063 1825000 0 2287 0 6357 314133 0 0 0 15120 0 15120 26015 0 25 53241 680 52561 94376 680 67706 1726623 1726623 1820999 680 1794329 -1814642 313453 125421 131710 131710 26435707 24614776 22273586 26561128 24746486 22405296 0 0 X 26561128 24746486 26561128 24746486 26561128 24746486 26561128 -1814642 0 24746486 0 24746486 PUBLICLY TRADED SECURITIES P 1825000 2135063 -310063 -310063 -310063 4357 0 4357 0 4357 15000 0 0 0 15000 X 0 10643 10643 0 0 0 0 0 0 0 0 0 0 0 1 1 MN 1 0 0 0 0 1 WWW.GRACO.COM/US/EN/ABOUT-GRACO/FOUNDATION JANEL FRENCH 6126236729 88 11TH AVENUE NE MINNEAPOLIS MN 55413 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MARK SHEAHAN PO BOX 1441 MINNEAPOLIS MN 554401441 PRESIDENT 0.30 0 0 0 JOSEPH HUMKE PO BOX 1441 MINNEAPOLIS MN 554401441 VICE PRESIDENT 0.20 0 0 0 JANEL W FRENCH PO BOX 1441 MINNEAPOLIS MN 554401441 TREASURER/ SECRETARY 2.90 0 0 0 DIANE OLSON PO BOX 1441 MINNEAPOLIS MN 554401441 DIRECTOR 0.40 0 0 0 DAVID LOWE PO BOX 1441 MINNEAPOLIS MN 554401441 DIRECTOR 0.40 0 0 0 DAVID AHLERS PO BOX 1441 MINNEAPOLIS MN 554401441 DIRECTOR (END 04/01/2023) 0.20 0 0 0 RONITA BANERJEE PO BOX 1441 MINNEAPOLIS MN 554401441 DIRECTOR (START 07/21/2023) 0.20 0 0 0 JOSEPH DANISKI PO BOX 1441 MINNEAPOLIS MN 554401441 DIRECTOR 0.40 0 0 0 JEFF WEBER PO BOX 1441 MINNEAPOLIS MN 554401441 DIRECTOR 0.40 0 0 0 DAWN SVENKESON-KOUBAL PO BOX 1441 MINNEAPOLIS MN 554401441 DIRECTOR 0.40 0 0 0 NONE 0 NONE 0 NONE 0 NOT APPLICABLE 0 0 0 21828335 0 0 21828335 0 0 21828335 327425 21500910 1075046 1075046 4357 4357 1070689 2287 1072976 0 1072976 1794329 0 1794329 1072976 0 0 34269 3253035 306200 226278 153224 3973006 1794329 0 0 0 1072976 721353 0 0 4694359 0 0 0 0 0 0 34269 4660090 3253035 306200 226278 153224 721353 JANEL FRENCH FOUNDATION MANAGER THE GRACO FOUNDATION 88 11TH AVE NE MINNEAPOLIS MN 55413 6126236729 GRANT REQUESTS SHOULD INCLUDE A COVER LETTER, ON ORGANIZATIONAL LETTERHEAD, DESCRIBING YOUR PROGRAM AND HOW IT FITS OUR FOCUS AREAS. IN ADDITION, EACH PROPOSAL SHOULD CONTAIN:BRIEF DESCRIPTION OF THE ORGANIZATION'S HISTORY; PROGRAM OBJECTIVES; CLIENTS SERVED; BUDGET, INCLUDING PROGRAM EXPENSES AND REVENUE SOURCES; PROGRAM EVALUATION METHODS AND RESULTS; LIST OF CORPORATE AND FOUNDATION DONORS; LIST OF THE BOARD OF DIRECTORS; COPY OF 501(C)(3) OR OTHER TAX EXEMPT CONFIRMATION; COPY OF MOST RECENT IRS FORM 990; AND COPY OF MOST RECENT AUDIT. NO DEADLINES EMPHASIS WILL BE PLACED ON EDUCATIONAL PROGRAMS, ESPECIALLY STEM PROGRAMS; HUMAN SERVICE PROGRAMS PROMOTING WORKFORCE DEVELOPMENT; AND YOUTH DEVELOPMENT. ORGANIZATIONS LOCATED IN NEIGHBORHOODS CLOSE TO GRACO INC. FACILITIES AND EMPLOYEES' HOMES ARE OF SPECIAL INTEREST TO THE FOUNDATION. IN ORDER TO HAVE THE RESOURCES TO ADDRESS THESE FOCUS AREAS AND HAVE A SIGNIFICANT IMPACT ON GRANTEE ORGANIZATIONS, THE FOUNDATION HAS A PREFERENCE FOR LARGE ONE-TIME CAPACITY BUILDING GRANTS RATHER THAN OPERATING GRANTS. THE MAXIMUM COMMITMENT PER CAPITAL CAMPAIGN IS $150,000. ADDITIONALLY, GRANTS WITHIN A TWO-YEAR PERIOD ARE GENERALLY NOT CONSIDERED. 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