<TEXT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FROM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Firm 13F Information Table Entry Total: 56
Form 13F Information Table Value Total: 243168
List of Other Included Managers:
NONE
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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 851 11725 SH SOLE 11725
AT&T Corp COM 001957109 803 15796 SH SOLE 15796
Albertson's Inc COM 013104104 7395 229305 SH SOLE 229305
American Int.'l Group COM 026874107 269 2485 SH SOLE 2485
Automatic Data Proc COM 053015103 242 4490 SH SOLE 4490
Autozone Inc COM 053332102 9642 298385 SH SOLE 298385
BP Amoco PLC COM 055622104 414 6974 SH SOLE 6974
Bellsouth Corp COM 079860102 215 4600 SH SOLE 4600
Bemis Co COM 081437105 8116 232720 SH SOLE 232720
Biomet Inc COM 090613100 10857 271420 SH SOLE 271420
Bristol-Myers Squibb COM 110122108 6869 107010 SH SOLE 107010
Cardinal Health COM 14149Y108 7218 150775 SH SOLE 150775
Chevron Corp COM 166751107 209 2409 SH SOLE 2409
Coca-Cola Co COM 191216100 421 7230 SH SOLE 7230
Computer Assoc. Int'l COM 204912109 10198 145811 SH SOLE 145811
Conagra Inc COM 205887102 12970 571675 SH SOLE 571675
Electronic Data Systems Corp COM 285661104 9218 137704 SH SOLE 137704
Exxon Corp COM 302290101 976 12116 SH SOLE 12116
Fannie Mae COM 313586109 256 4100 SH SOLE 4100
Federal Signal Corp COM 313855108 7315 455405 SH SOLE 455405
General Electric Corp COM 369604103 1144 7391 SH SOLE 7391
Genuine Parts Corp COM 372460105 6540 263569 SH SOLE 263569
Hewlett-Packard Corp COM 428236103 9566 74100 SH SOLE 84100
Home Depot Inc COM 437076102 11133 161933 SH SOLE 161933
Illinois Tool Works COM 452308109 7584 112248 SH SOLE 112248
Intel Corp COM 458140100 412 5000 SH SOLE 5000
International Business Machine COM 459200101 618 5728 SH SOLE 5728
Johnson & Johnson COM 478160104 242 2595 SH SOLE 2595
Lucent Technologies Inc COM 549463107 1664 22186 SH SOLE 22186
McDonald's Corp COM 580135101 210 5210 SH SOLE 5210
Medtronic Inc COM 585055106 8152 223712 SH SOLE 223712
Merck & Co., Inc COM 589331107 7703 114649 SH SOLE 114649
Microsoft Corp COM 594918104 374 3200 SH SOLE 3200
Minnesota Mining & Mfg. Co COM 604059105 432 4409 SH SOLE 4409
Newell Rubbermaid Inc COM 651229106 7135 246050 SH SOLE 246050
Pall Corp COM 696429307 7508 348213 SH SOLE 348213
Pfizer Inc COM 717081103 454 13998 SH SOLE 13998
Reuters Holdings PLC (ADR) COM 76132M102 8944 110674 SH SOLE 110674
Sherwin-Williams Co COM 824348106 7400 352400 SH SOLE 352400
Sigma-Aldrich Corp COM 826552101 7667 255050 SH SOLE 255050
State Street Corp COM 857477103 7280 99645 SH SOLE 99645
Sysco Corp COM 871829107 8940 225960 SH SOLE 225960
Target Corp COM 87612E106 346 4715 SH SOLE 4715
Valspar Corp COM 920355104 2044 48800 SH SOLE 48800
W.W.Grainger Inc COM 384802104 7408 154940 SH SOLE 154940
Wal-Mart Co COM 931142103 9709 140453 SH SOLE 140453
Dreyfus Appreciation EQ MF 261970107 2113 46202.12 SH SOLE 46202.12
Fidelity Dividend Growth Fund EQ MF 316389402 204 7043.30 SH SOLE 7043.30
Harbor Capital Appreciation EQ MF 411511504 2577 50886.11 SH SOLE 50886.11
Mutual Beacon EQ MF 628380305 1769 127841.8 SH SOLE 127840.8
Royce Premier EQ MF 780905600 1631 170631.1 SH SOLE 170631.1
Strong Schafer Value EQ MF 862918109 1598 32568.01 SH SOLE 32568.01
Vanguard Index 500 EQ MF 922908108 1943 36522.92 SH SOLE 36522.92
Vanguard International Growth EQ MF 921910204 741 32968.26 SH SOLE 32968.26
Vanguard International Value EQ MF 921939203 711 24405.05 SH SOLE 24405.05
Wasatch Aggressive Equity EQ MF 936772102 1821 62805.27 SH SOLE 62805.27
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