2024-09-16T10:17:32-05:00 2023-12-31 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990PF 2023-01-01 410711611 ORDEAN FOUNDATION ORDE 2187264785 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 DON NESS EXECUTIVE DIRECTOR 2187264788 2024-08-24 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2024-08-24 2023 2024-08-08 14:25:15Z X 40542651 X 100 X 1202852 1202852 8163975 43272639 8163975 20444 20444 9387371 9387271 180249 18025 162224 37320 0 37320 96310 3583 92727 4300 430 3870 25298 2500 22798 97002 97002 0 144517 2379 14428 13206 0 41430 3985 35867 4422 442 3980 29141 2914 26227 986 6130 55156 674181 137390 454597 1505000 1505000 2179181 137390 1959597 7208190 9249881 99438 182860 182860 3491991 1309705 1309705 1462 33499 1462 1462 960000 0 960000 960000 960000 24409 10077 10077 1175399 1110516 1110516 27165125 31646065 31646065 822303 0 0 594 594 594 594 3615069 4934292 4934292 129034 36013 104122 93021 93021 328018 294059 294059 37819967 40542651 40542651 2899 2301 426375 335488 429274 337789 X 37390693 40204862 37390693 40204862 37819967 40542651 37390693 7208190 0 44598883 4394021 40204862 PUBLICLY TRADED SECURITIES P 43272639 35108664 8163975 8163975 8163975 128573 0 128573 0 128573 133869 0 25000 0 158869 X 801 29495 29495 0 0 0 0 0 0 0 0 0 0 0 1 1 MN 1 0 0 0 0 1 N/A DONALD NESS 2187264785 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DONALD NESS 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 EXECUTIVE DIRECTOR 40.00 180249 18025 9065 JOHN STRANGE 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 CHAIR 1.00 0 0 0 JON NELSON 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 PREVIOUS BOARD CHAIR 1.00 0 0 0 MARCUS JONES 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 VICE CHAIR 1.00 0 0 0 MARSHA HYSTEAD 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 SECRETARY 1.00 0 0 0 TRACI MORRIS 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 TREASURER 1.00 0 0 0 CHRISTINE DAVIS 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 DIRECTOR 1.00 0 0 0 RICHARD HOWELL 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 DIRECTOR 1.00 0 0 0 MARIA ISLEY 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 DIRECTOR 1.00 0 0 0 STACY JOHNSTON 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 DIRECTOR 1.00 0 0 0 ARIUNA TAIVAN 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 DIRECTOR 1.00 0 0 0 TONY YUNG 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 DIRECTOR 1.00 0 0 0 NONE 0 CAPFINANCIAL PARTNERS LLC 4208 SIX FORKS RD STE 1700 RALEIGH NC 27609 INVEST. COUNSELING 67145 0 N/A 0 0 35672595 1920100 0 37592695 0 0 37592695 563890 37028805 1851440 1851440 128573 128573 1722867 0 1722867 0 1722867 1959597 0 1959597 1722867 0 0 269647 292688 337136 31172 930643 1959597 0 0 0 1722867 236730 0 0 1167373 0 0 0 0 0 0 269647 897726 292688 337136 31172 236730 EXECUTIVE DIRECTOR ORDEAN FOUNDATIO 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 2187264785 N/A REQUEST FOR GRANTS SHOULD BE DIRECTED TO THE EXECUTIVE DIRECTOR, ORDEAN FOUNDATION, 740 EAST SUPERIOR STREET #202, DULUTH, MINNESOTA 55802, TELEPHONE (218)726-4785 DURING REGULAR BUSINESS HOURS. ALL APPLICATIONS MUST BE IN WRITING AND INCLUDE ANY INFORMATION OR DATA PERTINENT TO THE GRANT OR LOAN REQUEST. 15TH DAY OF THE MONTH PRECEDING A BOARD OF DIRECTORS' MEETING ORDEAN FOUNDATION MAY LAWFULLY MAKE GRANTS DIRECTLY TO INSTITUTIONS OR ORGANIZATIONS ENGAGED WITHIN THE CITY OF DULUTH OR GOVERNMENTAL UNITS ABUTTING THE CITY LIMITS OF DULUTH IN ST. LOUIS COUNTY, IN PERFORMING SERVICES AND PROVIDING FACILITIES FOR THE FOLLOWING PURPOSES: 1. THE TREATMENT, CARE, AND REHABILITATION OF PERSONS WHO ARE CHRONICALLY OR TEMPORARILY MENTALLY ILL. 2. THE TREATMENT, CARE, AND REHABILITATION OF PERSONS WHOSE PHYSICAL CAPACITY IS IMPAIRED BY EITHER INJURY, ILLNESS, BIRTH DEFECTS, AGE, ALCOHOLISM, OR OTHER SIMILAR CAUSES. 3. THE CONDUCT AS ONE OF THEIR FUNCTIONS OF YOUTH GUIDANCE PROGRAMS DESIGNED TO AVOID AND PREVENT DELINQUENCY FROM LAWFUL AND HEALTHFUL PURSUITS BY YOUTHFUL CITIZENS. 4. FOR THE PERFORMANCE OF SERVICES OR PROVIDING FACILITIES FOR THE PERFORMANCE OF FUNCTIONS SIMILAR TO ANY OF THE FOREGOING FUNCTIONS. EXECUTIVE DIRECTOR ORDEAN FOUNDATIO 740 EAST SUPERIOR STREET 202 DULUTH MN 55802 2187264785 N/A SCHOLARSHIPS MAY BE APPLIED FOR THROUGH THE ADMISSIONS OFFICES OF THE COLLEGE OF ST. SCHOLASTICA, LAKE SUPERIOR COLLEGE, AND UNIVERSITY OF MINNESOTA-DULUTH. ALL APPLICATIONS MUST BE IN WRITING AND INCLUDE ANY INFORMATION OR DATA PERTINENT TO THE GRANT OR LOAN REQUEST. SEE RESPECTIVE ADMINISTRATION OFFICE. APPLICANTS MUST BE RESIDENTS WITHIN THE CITY LIMITS OF DULUTH OR A GOVERNMENTAL UNIT ABUTTING THE CITY LIMITS OF DULUTH IN ST. LOUIS COUNTY. AFTENRO SOCIETY 510 W COLLEGE ST DULUTH MN 55811 PC AFTENRO COMMUNITY VAN REPAIRS 20000 AMERICAN INDIAN COMMUNITY HOUSING ORGANIZATION 202 W 2ND ST DULUTH MN 55802 PC GENERAL OPERATING SUPPORT, CHUCK WALT'S OUTGOING DIRECTORS GIFT 42500 ANIMAL ALLIES HUMANE SOCIETY 4006 AIRPORT ROAD DULUTH MN 55811 PC SPONSORSHIP GRANT 500 BOYS AND GIRLS CLUB OF THE NORTHLAND 102 S 29TH AVE W STE 200 PO BOX 16435 DULUTH MN 55816 PC GENERAL OPERATING SUPPORT 50000 CHESTER BOWL IMPROVEMENT CLUB 1801 E SKYLINE PKWY DULUTH MN 55812 PC GENERAL OPERATING SUPPORT 10000 CHILDREN'S DENTAL SERVICES 636 BROADWAY ST NE MINNEAPOLIS MN 55413 PC COMPREHENSIVE DENTAL CARE, OUD EDUCATION AND TOBACCO CESSATION PROGRAM 10000 CHUM 125 N 1ST AVE W DULUTH MN 55802 PC GENERAL OPERATING SUPPORT 70000 COMMUNITY ACTION DULUTH 2424 W 5TH ST DULUTH MN 55806 PC GENERAL OPERATING SUPPORT 35000 DAMIANO CENTER 206 W 4TH ST DULUTH MN 55806 PC GENERAL OPERATING SUPPORT 125000 DIVINE KONNECTIONS INC 4213 W 5TH ST DULUTH MN 55807 PC ANNIE'S HOUSE OF REFUGE - SHELTER FOR BIPOC WOMEN, SPONSORSHIP GRANT 36000 DULUTH AGING SUPPORT 220 MISQUAH RD DULUTH MN 55804 PC NORTHLAND DEMENTIA SOLUTIONS CAMPAIGN 5000 DULUTH AREA FAMILY YMCA PO BOX 3678 DULUTH MN 55803 PC CATALYST GRANT, PROGRAM SUPPORT 30000 DULUTH COMMUNITY SCHOOL COLLABORATIVE 32 E 1ST ST STE 202 DULUTH MN 55802 PC GENERAL OPERATING SUPPORT 20000 DULUTH LIBRARY FOUNDATION 520 W SUPERIOR ST DULUTH MN 55802 PC COMMUNITY INFORMED BUILDING REDESIGN 15000 DULUTH NAACP 310 N 1ST AVE W DULUTH MN 55806 PC SPONSORSHIP GRANT 1000 DULUTH PLAYHOUSE INC 211 E SUPERIOR ST DULUTH MN 55802 PC GROWING DULUTH PLAYHOUSE CAPACITY FOR THEATER ACCESS FOR AND COMMUNITY BUILDING 5000 DULUTH PUBLIC SCHOOLS 709 PORTIA JOHNSON DR DULUTH MN 55811 GOV SPONSORSHIP GRANT, CRAWFORD AWARD 7500 DULUTH SUPERIOR AREA COMMUNITY FOUNDATION 324 W SUPERIOR ST STE 700 DULUTH MN 55802 PC 40 ANNIVERSARY EVENT 5000 ECOLIBRIUM3 2014 W 3RD ST DULUTH MN 55806 PC GENERAL OPERATING SUPPORT 20000 FAMILY FREEDOM CENTER 2024 W SUPERIOR ST STE 204 DULUTH MN 55806 PC FFC/NYS GENERAL OPERATING SUPPORT, JOE EVERETT LEGACY GRANT FOR FFC'S S.T.A.R.T. PROGRAM, SPECIAL INITIATIVE GRANT 150000 FATHERS RISE TOGETHER 201 EAST 1ST ST STE 3-4 DULUTH MN 55802 PC SPONSORSHIP GRANT, OPERATING SUPPORT FOR FAMILY RISE TOGETHER 12000 HEALTH EQUITY NORTHLAND 312 NORTH CENTRAL AVENUE SUITE 400 DULUTH MN 55807 PC ST MARK GIVING GARDEN 9000 KID'S CLOSET OF DULUTH 2431 W 3RD ST DULUTH MN 55806 PC PURCHASE CLOTHING FOR ELEMENTARY SCHOOL CHILDREN 20000 LAKE SUPERIOR COMMUNITY HEALTH CENTER 4325 GRAND AVE DULUTH MN 55807 PC GENERAL OPERATING SUPPORT 125000 LIFE HOUSE INC 102 W 1ST ST DULUTH MN 55802 PC GENERAL OPERATING SUPPORT, STRATEGIC PLANNING WITH NORTHSPAN 95000 LINCOLN PARK CHILDREN AND FAMILIES COLLABORATIVE 2424 WEST 5TH STREET SUITE 108 DULUTH MN 55806 PC LPCFC GROCERY GIVEAWAY 20000 LISC DULUTH 202 W SUPERIOR ST 301 DULUTH MN 55802 PC ELEVATING EQUITABLE DEVELOPMENT IN DULUTH 10000 LUTHERAN SOCIAL SERVICES 1330 E SUPERIOR ST 203 DULUTH MN 55805 PC ANOTHER DOOR SHELTER 10000 MEN AS PEACEMAKERS 123 W SUPERIOR ST DULUTH MN 55802 PC WE ARE ALL CONNECTED (WAAC) INITIATIVE, CHUCK WALT'S OUTGOING DIRECTORS GIFT 10000 MENTOR NORTH 206 W 4TH ST STE 202 DULUTH MN 55806 PC MENTOR NORTH, SPONSORSHIP GRANT 101000 MINNESOTA ADULT & TEEN CHALLENGE 740 EAST 24TH STREET MINNEAPOLIS MN 55404 PC COOL GYM PROJECT 10000 MINNESOTA ASSISTANCE COUNCIL FOR VETERANS 5209 RAMSEY ST DULUTH MN 55807 PC PROGRAM SUPPORT FOR VETERANS IN DULUTH 10000 MINNESOTA BALLET 14675 MARTIN DR STE 400 EDEN PRAIRIE MN 55344 PC SPONSORSHIP GRANT 2000 MINNESOTA MASONIC CHILDRENS CLINIC FOR COMMUNICATION DISORDERS 24 W 2ND ST DULUTH MN 55802 PC SPEECH PATHOLOGIST POSITION FOR AUTISTIC CHILDREN 20000 NORTHERN EXPRESSIONS ARTS COLLECTIVE 3403 RESTORMEL ST DULUTH MN 55806 PC SPONSORSHIP GRANT 1000 NORTHLAND ADAPTIVE RECREATION 502 E 2ND ST DULUTH MN 55805 PC CATALYST GRANT 10000 PROCTOR SCHOOL DISTRICT 131 N 9TH AVE DULUTH MN 55810 GOV LIONHEART EXPERIENCE 10000 PROGRAM TO AID FOR VICTIMS OF SEXUAL ASSAULT 32 E 1ST ST STE 200 DULUTH MN 55802 PC MENTAL HEALTH SERVICES & OUTREACH PROGRAMMING 20000 SAFE HAVEN SHELTER FOR BATTERED WOMEN PO BOX 3558 DULUTH MN 55803 PC GENERAL OPERATING SUPPORT 80000 SALVATION ARMY 215 S 27TH AVE W DULUTH MN 55806 PC GENERAL OPERATING SUPPORT 50000 SECOND HARVEST NORTHERN LAKES FOOD BANK 4503 AIRPARK BOULEVARD DULUTH MN 55811 PC GENERAL OPERATING SUPPORT, NOURISH THE NORTHLAND CAPITAL CAMPAIGN 40000 SOAR CAREER SOLUTIONS 205 W 2ND ST STE 101 DULUTH MN 55802 PC GENERAL OPERATING SUPPORT 30000 TRANS NORTHLAND 2707 W SKYLINE PKWY DULUTH MN 55806 PC SPONSORSHIP GRANT 500 TWIN PORTS MINISTRY TO SEAFARERS PO BOX 16360 DULUTH MN 55816 PC SUPPORT IMPROVED ACCESS TO SERVICES IN THEIR BUILDING AND HELP SUPPORT THE COST OF A WHEELCHAIR ACCESS RAMP 1500 UNIVERSITY OF MINNESOTA FOUNDATION 200 OAK ST SE STE 500 MINNEAPOLIS MN 55455 PC UMD'S MEDICAL SCHOOL ANJI'BIDE RESEARCH COLLECTIVE PRESENTATION AT 27TH INTERNATIONAL HARM REDUCTION CONFERENCE IN MELBOURNE, AUSTRALIA 1000 VALLEY YOUTH CENTER 720 N CENTRAL AVE DULUTH MN 55807 PC GENERAL OPERATING SUPPORT 50000 VETERANS FOR PEACE CHAPTER 80 PO BOX 161111 DULUTH MN 55811 PC CHUCK WALT'S OUTGOING DIRECTORS GIFT 2500 WESTERN LAKE SUPERIOR HABITAT FOR HUMANITY PO BOX 3190 DULUTH MN 55803 PC AGE IN PLACE PROGRAM 16000 YOUNG WOMENS CHRISTIAN ASSOCIATION 32 E 1ST ST STE 202 DULUTH MN 55802 PC PARTNERSHIP GRANT 70000 ZEITGEIST CENTER FOR ARTS AND COMMUNITY 222 E SUPERIOR ST STE 326 DULUTH MN 55802 PC HEALTHY HILLSIDE INITIATIVE 11000 1505000 0 14 1202852 14 20444 18 8163975 0 9387271 0 9387271 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 25298 2500 22798 RELATED PARTY TRANSACTIONS PART VII-B, LINE 1 SEVERAL MEMBERS OF THE BOARD OF DIRECTORS ALSO VOLUNTARILY SERVE ON THE BOARD OF DIRECTORS OR IN OTHER CAPACITIES WITH NONPROFIT ORGANIZATIONS WHICH HAVE RECEIVED GRANTS OR LOANS FROM THE FOUNDATION. IN MATTERS INVOLVING THESE ORGANIZATIONS, THE AFFECTED BOARD MEMBER ABSTAINS FROM ANY ACTION TAKEN BY THE ORDEAN FOUNDATION BOARD. VERSUS CAPITAL REAL ASSET 379671 379671 CLIFFWATER CORPORATE LENDING I 998139 998139 DOUBLELINE CORE FIXED INCOME I 1744635 1744635 FIDELITY US BOND INDEX 1525405 1525405 GUGGENHEIM LIMITED DURATION INSTL 619520 619520 GUGGENHEIM TOTAL RETURN BOND INST 2190732 2190732 PIMCO FLEXIBLE CREDIT INCOME INST 997467 997467 PIMCO INCOME INSTL 877984 877984 PIMCO LOW DURATION INCOME INSTL 627506 627506 AMERICAN FUNDS EUROPACIFIC GROWTH F3 2866358 2866358 BLUEROCK TOTAL INCOME 864141 864141 FIDELITY EMERGING MARKETS IDX 1126566 1126566 FIDELITY INTERNATIONAL INDEX 3127104 3127104 GMO QUALITY I 678044 678044 GMO RESOURCES I 588579 588579 JPMORGAN LARGE CAP GROWTH I 1753304 1753304 LAZARD GLOBAL LISTED INFRASTRUCTURE INST 436985 436985 SCHWAB FUNDAMENTAL US LARGE COMPANY IDX 2311773 2311773 SCHWAB TOTAL STOCK MARKET INDEX 7932152 7932152 1110516 1110516 0 0 TASLOG LTD FMV 89866 89866 ISHARES MSCI USA MIN VOL FMV 1630047 1630047 ISHARES S&P MID CAP 400 FMV 932816 932816 ISHARES 1-3 YEAR TREASRY FMV 566978 566978 ISHARES 7-10 YEAR FMV 1714585 1714585 LEGAL FEES 4300 430 3870 RIGHT OF USE ASSET - OPERATING LEASE 328018 294059 294059 UNREALIZED LOSSES ON INVESTMENTS 4394021 TELEPHONE 1369 137 1232 SUPPLIES 2798 280 2518 DUES & SUBSCRIPTIONS 9200 920 8280 MISCELLANEOUS 4067 407 3660 REPAIRS 529 53 476 OUTSIDE SERVICES 31145 3115 28030 TRAINING 2046 205 1841 BENEFIT ADMINISTRATION 4913 491 4422 INSURANCE 5219 522 4697 DEFERRED EXCISE TAX -60300 0 0 ROYALITIES 4324 4324 4324 MISCELLANEOUS 16120 16120 16120 DEFERRED EXCISE TAX 94100 33800 OPERATING LEASE LIABILITY 332275 301688 INVESTMENT ADVISORS 97002 97002 0 REAL ESTATE TAXES 516 1000 406 EXCISE TAXES 128600 0 0 PAYROLL TAXES 15401 1379 14022