UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FROM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September
30, 1999
Check here if Amendment [ ] ; Amendment Number:
This Amendment (Check only one.): [ ] is a
restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Compass Capital Management, Inc.
Address: 706 Second Avenue South
Suite 400
Minneapolis, MN 55402
13F File Number: 801-32238
The institutional investment manager filing this report and
the person by whom it is signed hereby represent that the
person signing the report is authorized to submit it, that
all information contained herein is true, correct and
complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered
integral parts of this form.
Person signing this Report on Behalf of Reporting Manager:
Name: David M. Carlson
Title: Principal/Founder
Phone: (612) 338-4051
Signature, Place, and Date of Signing:
David M. Carlson Minneapolis, Minnesota March
31, 1999
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND
EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Firm 13F Information Table Entry Total: 55
Form 13F Information Table Value Total:
List of Other Included Managers:
NONE
<PAGE>
<TABLE>
FORM 13F
INFORMATION TABLE
VALUE SHARES/ SH/
PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN
CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C>
<C> <C> <C> <C> <C> <C>
ADC Telecomm. Inc COM 000886101 370 8825 SH
SOLE 8825
AT&T Corp COM 001957109 709 16302 SH
SOLE 16302
Albertson's Inc COM 013104104 6799 171845 SH
SOLE 171845
American Int.'l Group COM 026874107 216 2485 SH
SOLE 2485
Automatic Data Proc COM 053015103 200 4490 SH SOLE
4490
Autozone Inc COM 053332102 8697 309925 SH
SOLE 309925
BP Amoco PLC COM 055622104 416 3751 SH
SOLE 3751
Bank One Corp COM 059438101 6022 172977 SH
SOLE 172977
Bellsouth Corp COM 079860102 257 5700 SH SOLE
5700
Bemis Co COM 081437105 7800 230255 SH
SOLE 230255
Biomet Inc COM 090613100 5650 214740 SH
SOLE 214740
Bristol-Myers Squibb COM 110122108 8320 123265 SH
SOLE 123265
Chevron Corp COM 166751107 214 2409 SH
SOLE 2409
Coca-Cola Co COM 191216100 349 7230 SH
SOLE 7230
Computer Assoc. Int'l COM 204912109 9266 151591 SH
SOLE 151591
Conagra Inc COM 205887102 12713 563435 SH
SOLE 563435
Dayton Hudson Corp COM 239753106 299 4970 SH
SOLE 4970
Electronic Data Systems Corp COM 285661104 8029 151660 SH
SOLE 151660
Exxon Corp COM 302290101 1166 15346 SH
SOLE 15346
Fannie Mae COM 313586109 257 4100 SH
SOLE 4100
Federal Signal Corp COM 313855108 7597 382225 SH
SOLE 382225
General Electric Corp COM 369604103 982 8286 SH
SOLE 8286
Genuine Parts Corp COM 372460105 7021 264314 SH
SOLE 264314
Hewlett-Packard Corp COM 428236103 7042 77600 SH
SOLE 77600
Home Depot Inc COM 437076102 9150 133327 SH
SOLE 133327
Illinois Tool Works COM 452308109 8119 108888 SH
SOLE 108888
Intel Corp COM 458140100 372 5000 SH
SOLE 5000
International Business Machine COM 459200101 693 5728 SH
SOLE 5728
Johnson & Johnson COM 478160104 238 2595 SH
SOLE 2595
Lucent Technologies Inc COM 549463107 1445 22277 SH
SOLE 22277
McDonald's Corp COM 580135101 225 5210 SH
SOLE 5210
Medtronic Inc COM 585055106 7936 223170 SH
SOLE 223170
Merck & Co., Inc COM 589331107 7696 118735 SH
SOLE 118735
Microsoft Corp COM 594918104 290 3200 SH
SOLE 3200
Minnesota Mining & Mfg. Co COM 604059105 261 2717 SH
SOLE 2717
Newell Rubbermaid Inc COM 651229106 6920 242270 SH
SOLE 242270
Pall Corp COM 696429307 8798 379413 SH
SOLE 379413
Pfizer Inc COM 717081103 502 13998 SH
SOLE 13998
Reuters Holdings PLC (ADR) COM 76132M102 6071 88143 SH
SOLE 88143
Sherwin-Williams Co COM 824348106 7033 335890 SH
SOLE 335890
Sigma-Aldrich Corp COM 826552101 8071 254210 SH
SOLE 254210
State Street Corp COM 857477103 6810 105380 SH
SOLE 105380
Sysco Corp COM 871829107 9034 257645 SH
SOLE 257645
Valspar Corp COM 920355104 1595 48800 SH
SOLE 48800
W.W.Grainger Inc COM 384802104 7316 152225 SH
SOLE 152225
Wal-Mart Co COM 931142103 7843 164908 SH
SOLE 164908
Columbia Special EQ MF 198513103 1644 70166.75 SH
SOLE 70166.75
Dreyfus Appreciation EQ MF 261970107 2303 54872.82 SH
SOLE 54872.82
Harbor Capital Appreciation EQ MF 411511504 2548 59008.73 SH
SOLE 59008.73
Mutual Beacon EQ MF 628380305 1940 139367.8 SH
SOLE 139367.8
Royce Premier EQ MF 780905600 1657 180448.4 SH
SOLE 180448.4
Strong Schafer Value EQ MF 862918109 1726 37433.54 SH
SOLE 37433.54
Vanguard Index 500 EQ MF 922908108 4530 38207.57 SH
SOLE 38207.57
Vanguard International Growth EQ MF 921910204 594 30505.42 SH
SOLE 30505.42
Vanguard International Value EQ MF 921939203 663 23350.72 SH
SOLE 23350.72
</TABLE>
