TY 2013 Form 990PF

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	7,853,141
2	Enter amount from Part I, line 27a.....................	2	15,677,816
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	23,530,957
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	23,530,957

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	8,877,134
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .	3

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
2012	333,353	6,423,045	0.051900
2011	0	0	0.000000
2010	0	0	0.000000
2009	0	0	0.000000
2008	0	0	0.000000

2	Total of line 1, column (d) ......................	2	0.051900
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3	0.010380
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	23,058,909
5	Multiply line 4 by line 3.......................	5	239,351
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	92,393
7	Add lines 5 and 6.........................	7	331,744
8	Enter qualifying distributions from Part XII, line 4..............	8	954,513
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	92,393
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	92,393
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	92,393
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a	20,000
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............	7	20,000
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.	8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9	72,393
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax	Refunded	11

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
ALBERT O NICHOLAS	TRUSTEE 0.00	0	0	0
6002 N HIGHWAY 83 CHENEQUA,WI53029
LYNN S NICHOLAS	TRUSTEE 15.00	30,000	0	0
10309 N RIVER ROAD MEQUON,WI53092
DAVID O NICHOLAS	TRUSTEE 0.00	0	0	0
2401 W RANGE LINE TERRACE MEQUON,WI53092
SUSAN N FASCIANO	TRUSTEE 0.00	0	0	0
2533 INDIAN RIDGE DRIVE GLENVIEW,IL60025

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AARON ANDREW SCHROEDER 112 DOTY STREET FREMONT,WI54940	NONE		UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP	5,000
AARON BARTZ 1417 E WILLIAMS DRIVE BELOIT,WI53511	NONE		UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP	5,000
ABIGAIL BISHOP N22422 EMERY ROAD ETTRICK,WI54627	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
ADAM KRAUSE E7438 PUURI ROAD FREMONT,WI54940	NONE		UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP	5,000
ALAINA LAURSEN N1549 WAFLE ROAD MAUSTON,WI53948	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
ALEC ARTHUR COLLINS 302 MEADOW VIEW ROAD MOUNT HOREB,WI53572	NONE		UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP	10,000
ALEE SCHAHCZINSKI 2777 ST PETERS ROAD EAST TROY,WI53120	NONE		UNIVERSITY OF WISCONSIN - PARKSIDE COLLEGE SCHOLARSHIP	10,000
ALISON TESKE 3612 S MILTON SHOPIERE ROAD JANESVILLE,WI53546	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	10,000
ALYSSA SAUER 316 W UNION AVENUE CEDAR GROVE,WI53013	NONE		UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP	5,000
ALYSSA SAUER 316 W UNION AVENUE CEDAR GROVE,WI53013	NONE		UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP	5,000
ANDREW MOSER 1104 NINA AVENUE WAUSAU,WI54403	NONE		UNIVERSITY OF WISCONSIN - MARATHON COUNTY COLLEGE SCHOLARSHIP	7,500
ANDREW SZYMANSKI W4325 ST HWY 98 LOYAL,WI54446	NONE		UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP	5,000
ANNA GRASSY 109 LEON STREET MADISON,WI53714	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
ANTHONY PHILLIPS 2327 S 65TH STREET WEST ALLIS,WI53219	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
ARON SCHLISKY 431 MULLBERRY LANE PLYMOUTH,WI53073	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
ASHLEY NOELLE SCHOEN 1256 JACKSON STREET OSHKOSH,WI54901	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	5,000
AUSTIN ANGELL 326 MISSION DRIVE RICE LAKE,WI54868	NONE		UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP	5,000
AUSTIN BAHR 228 MARY STREET CAMBRIA,WI53923	NONE		UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP	10,000
AUSTIN BAULDRY 4006 MAIN STREET PO BOX730 FISH CREEK,WI54212	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	5,000
AUSTIN GEHRKE 3049 BIRCH LANE PORT WASHINGTON,WI53074	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
AUSTIN GUARNIERE W 14053 COUNTY ROAD C SILVER CLIFF,WI54104	NONE		UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP	5,000
AUSTIN WODARZ 966A BRAVE DRIVE SOMERSET,WI54025	NONE		UNIVERSITY OF WISCONSIN - RIVER FALLS COLLEGE SCHOLARSHIP	5,000
BAILEY RAE JOHNSON 4698 SAINT FINBARS ROAD SAUKVILLE,WI53080	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
BENJAMIN ALAN KURKOWSKI 3386 140TH STREET FREDERIC,WI54837	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
BENJAMIN ANDERSON 10685 COUNTY ROAD ZZ SISTER BAY,WI54234	NONE		UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP	5,000
BENJAMIN JEFFERS N6063 LONG ROAD HILBERT,WI54129	NONE		UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP	10,000
BETHANEY MARCKS W 5161 COUNTY ROAD G BLACK CREEK,WI54106	NONE		UNIVERSITY OF WISCONSIN - RIVER FALLS COLLEGE SCHOLARSHIP	5,000
BRANDON MICHALE BARTZ 1503 DELMORE DRIVE MERRILL,WI54452	NONE		UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP	5,000
BRANDY LARSON W3455 COUNTY ROAD B RIO,WI53960	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
BRETT ECKERT 677 SHADY LANE OCONOMOWOC,WI53066	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	5,000
BRETT MATTHEWS 4753 WEST BALSAM LANE RHINELANDER,WI54501	NONE		UNIVERSITY OF WISCONSIN - STOUT COLLEGE SCHOLARSHIP	10,000
BRETT MINICK 813 W LEXINGTON PLWY DE FOREST,WI53532	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
BRETT SLABY 2511 38TH STREET TWO RIVERS,WI54241	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	5,000
BRYANNA BUCHOLTZ 3806 E JACOBS DRIVE MILTON,WI53563	NONE		UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP	5,000
CAITLIN O'CONNELL 704 RAYMOND ROAD WAUNAKEE,WI53597	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
CAMBER POSEWITZ 6217 SOUTH 18TH STREET SHEBOYGAN,WI53081	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
CAMERON SCOTT ROWE 9260 W COUNTY ROAD B SAXON,WI54559	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
CHRISTIAN LANE 117 E CHATEAU PLACE MILWAUKEE,WI53217	NONE		UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP	5,000
CHRISTOPHER ROBERS 3380 S 35TH STREET MILWAUKEE,WI53215	NONE		UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP	10,000
CODY EDER 468 PARK STREET GLIDDEN,WI54527	NONE		UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP	5,000
COURTNEY MALLUEGE 12550 COUNTY ROAD U WAUSAU,WI54401	NONE		UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP	5,000
DANIEL KELLY 884 WILLOW RIDGE HUDSON,WI54016	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
DEREK ASHMAN W6202 COUNTY ROAD O APPLETON,WI54913	NONE		UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP	5,000
DRAKE HODKIEWICZ 1197 SOUTH CZECH COURT FRIENDSHIP,WI53934	NONE		UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP	10,000
DREW MINTURN 703 WEST PROSPECT STREET DURAND,WI54736	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
ELIZABETH MCCULICK 32999 DITTMAN HILL ROAD WAUZEKA,WI53826	NONE		UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP	5,000
ELYSE DUHR 1001 WELLINGTON STREET BLACK EARTH,WI53515	NONE		UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP	10,000
EMILY DINY 1530 MEADOW VIEW COURT GREENLEAF,WI54126	NONE		UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP	10,000
ERIC TUURA 2655 ERKILLA ROAD BRULE,WI54820	NONE		UNIVERSITY OF WISCONSIN - SUPERIOR COLLEGE SCHOLARSHIP	5,000
EVAN KETTERHAGEN 8927 31ST AVENUE TWIN LAKES,WI53181	NONE		UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP	5,000
GABRIELLE ELIZABETH BANCROFT-HART N7490 HEALY ROAD CAMBRIA,WI53923	NONE		UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP	5,000
HALEY SANDERS N11060 COUNTY ROAD F ALMA CENTER,WI54611	NONE		UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP	5,000
HANNAH MEYER 2866 BAYLITE DRIVE GREEN BAY,WI54313	NONE		UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP	10,000
JACQUELINE GRUSZKA 10525 PALMERSHEIM DRIVE HALES CORNERS,WI53130	NONE		UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP	5,000
JACQUELINE GRUSZKA 10525 PALMERSHEIM DRIVE HALES CORNERS,WI53130	NONE		UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP	5,000
JAMES KOLONKO 701 OVERLOOK TERRACE DE FOREST,WI53532	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
JAMIE TRUITT 6217 HARVEST LANE DE FOREST,WI53532	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
JENNIFER WANTA 1652 COUNTY ROAD DD RUDOLPH,WI54475	NONE		UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP	5,000
JEREMY NELSON 26096 MERGANSER ROAD NORWALK,WI54648	NONE		UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP	10,000
JEROME MURPHY N77 W16216 OVERLOOK DRIVE MENOMONEE FALLS,WI53051	NONE		UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP	5,000
JERRY MCDONNELL 833 MALDEN AVENUE EAU CLAIRE,WI54703	NONE		UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP	10,000
JOHNATHAN BARNES 2611 BUTTERNUT STREET PLOVER,WI54467	NONE		UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP	5,000
JORDAN JOHNSON 2530 240TH AVENUE ST CROIX FALLS,WI54024	NONE		UNIVERSITY OF WISCONSIN - RIVER FALLS COLLEGE SCHOLARSHIP	10,000
JOSEPH KELLY 884 WILLOW RIDGE HUDSON,WI54016	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
JOSEPH MILLER 1303 220TH AVENUE NEW RICHMOND,WI54017	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
JUSTIN KENNEDY N3924 CLOVER ROAD ANTIGO,WI54409	NONE		UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP	10,000
KAILA KLAWES N3498 SAUER ROAD FALL RIVER,WI53932	NONE		UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP	10,000
KARINA WELCH N9184 COUNTY ROAD J IOLA,WI54945	NONE		UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP	5,000
KAYLEE KLOPP 158 FILLMORE STREET FREDONIA,WI53021	NONE		UNIVERSITY OF WISCONSIN - WASHINGTON COUNTY COLLEGE SCHOLARSHIP	2,500
KAYLEY ENZENBACHER PO BOX 036 KENDALL,WI54638	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	10,000
KELLI PIERCE 24775 ATOLL AVE PO BOX 81 WARRENS,WI54666	NONE		UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP	5,000
KELSEY THOMPSON 1025 W LINCOLN STREET WAUPUN,WI53963	NONE		UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP	5,000
KENDRA ANDRESKA 707 SURREY LANE MERRILL,WI54452	NONE		UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP	10,000
KYLE HOPPMAN 8487 RURAL RIDGE ROAD CUBA CITY,WI53807	NONE		UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP	10,000
KYLE WALENSKY 12563 FLANAGEN ROAD TOMAH,WI54660	NONE		UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP	5,000
KYLIE SWENSON 810 LICHTE DRIVE MAZOMANIE,WI53560	NONE		UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP	10,000
LAUREN ROCKNEY 129 COLUMBUS STREET LAKE MILLS,WI53551	NONE		UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP	5,000
LEXI DESROCHERS 1102 HERITAGE COURT WAUNAKEE,WI53597	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
LINDSEY LAUTERBACH 701 E HOLIDAY DRIVE BELOIT,WI53511	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
LOGAN BIRKHOLZ 613 BRIDLEWOOD LANE WATERTOWN,WI53094	NONE		UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP	5,000
MALLORY MELVIN 9640 RANGELINE ROAD WISCONSIN RAPIDS,WI54494	NONE		UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP	5,000
MARGARET GIBLIN 7169 MEMORIAL DRIVE EGG HARBOR,WI54209	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	10,000
MARYJANE BEHM 535 RIVERVIEW DRIVE WINNECONNE,WI54986	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
MASON BEDNARSKI 1901 ORCHARD CIRCLE WAUSAU,WI54401	NONE		UNIVERSITY OF WISCONSIN - STOUT COLLEGE SCHOLARSHIP	5,000
MATT PAUL 1734 TAM O SHANTER TRAIL SUN PRAIRIE,WI53590	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
MATTHEW ANDREW TROTTER N2409 JORDAN STREET JUDA,WI53550	NONE		UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP	10,000
MATTHEW JOSEPH PORTER W4827 HIGHWAY 16 RIO,WI53960	NONE		UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP	10,000
MATTHEW REKOWSKI N2671 E SHORE DRIVE MERRILL,WI54452	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
MCKENZIE CLARY 6104 RIDGEWOOD AVE MONONA,WI53716	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
MEGAN CHRISTIANSEN 8601 CO RD A MARSHFIELD,WI54449	NONE		UNIVERSITY OF WISCONSIN - RIVER FALLS COLLEGE SCHOLARSHIP	10,000
MEGAN DITTNER 209 EAST LAKEVIEW DRIVE LA FARGE,WI54639	NONE		UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP	10,000
MEGAN OLSON N2777 HWY GG BROHEAD,WI53520	NONE		UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP	10,000
MELISSA GAIL MILLER 3944 WILDLIFE COURT SLINGER,WI53086	NONE		UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP	10,000
MERIK MYKYL MEYTHALER PO BOX 188 SOUTH WAYNE,WI53587	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
MICHAEL PAMPERIN 3023 LINCOLN AVENUE LA CROSSE,WI54601	NONE		UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP	5,000
MICHAELA VINZ W8473 COUNTY ROAD A NEW LISBON,WI53950	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
MICHEALA SLIND 2358 COUNTY ROAD DD BALDWIN,WI54002	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
MILES KEITZER 3202 JAMES STREET MADISON,WI53714	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
MILES KIETZER 3202 JAMES STREET MADISON,WI53714	NONE		UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP	5,000
MOLLY MCLOONE 825 N BROADWAY STREET STANLEY,WI54768	NONE		UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP	10,000
MONICA VERKUILEN N6519 ROBIN ROAD WITTENBERG,WI54499	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	5,000
MORGAN KRAWZE 5269 LINDEN STREET LAONA,WI54541	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	5,000
MORGAN KRAWZE 5269 LINDEN STREET LAONA,WI54541	NONE		UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP	5,000
MORGAN WILDE 1511 JACKSON STREET MERRILL,WI54452	NONE		UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP	5,000
NICHOLAS BENJAMIN SCHUELLER 533 TOWER ROAD PORT WASHINGTON,WI53074	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
PAIGE KRIECK W 6065 MOONFLOWER DRIVE APPLETON,WI54915	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	5,000
PAIGE RINGELSTETTER N5651 NEBULA DRIVE PARDEEVILLE,WI53954	NONE		UNIVERSITY OF WISCONSIN - BARABOO/SAUK COUNTY COLLEGE SCHOLARSHIP	5,000
PETER GROOTHAUSEN W6651 FLAMBEAU DRIVE TONY,WI54563	NONE		UNIVERSITY OF WISCONSIN - BARRON COUNTY COLLEGE SCHOLARSHIP	2,500
RACHAEL SHULTA 5170 W BEHRENDT STREET FRANKLIN,WI53132	NONE		UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP	10,000
ROBERT WITTENBERG 1123 QUINCY STREET STURGEON BAY,WI54235	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
SAMANTHA ANN WEGENER 294 ORLANDO DRIVE DE PERE,WI54115	NONE		UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP	10,000
SAMANTHA GOSEWEHR 1437 FALLS ROAD GRAFTON,WI53024	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	10,000
SARAH PETERSON W8848 BRAZELTON DRIVE KEWASKUM,WI53040	NONE		UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP	5,000
SEAN KENDALL W14918 BROADWAY ROAD WISCONSIN DELLS,WI53965	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
SHANE COLLINS 302 MEADOW VIEW ROAD MOUNT HOREB,WI53572	NONE		UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP	10,000
SHANNON SCHIERECK 1911 WISCONSIN AVENUE SUN PRAIRIE,WI53590	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
SIERRA LARDINOIS 6407 COTTONWOOD DRIVE PULASKI,WI54162	NONE		UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP	5,000
STEPHANIE FLIPSE PO BOX 700604 OOSTBURG,WI53070	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
STEPHANIE JANE CHECK 109 E MAIN STREET WAUZEKA,WI53826	NONE		UNIVERSITY OF WISCONSIN - RICHLAND COLLEGE SCHOLARSHIP	5,000
TABITHA HARNACK 706 E 2ND AVENUE BRODHEAD,WI53520	NONE		UNIVERSITY OF WISCONSIN - STOUT COLLEGE SCHOLARSHIP	10,000
TAYLOR KRUPA N10594 17TH AVENUE NECEDAH,WI54646	NONE		UNIVERSITY OF WISCONSIN - STOUT COLLEGE SCHOLARSHIP	5,000
TAYLOR LYNN 84262 STATE HWY 13 UNITY,WI54488	NONE		UNIVERSITY OF WISCONSIN - MARSHFIELD/WOOD COUNTY COLLEGE SCHOLARSHIP	5,000
TESSA CUSHMAN 307 W CENTER STREET SOUTH WAYNE,WI53587	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
TESSA ZIMMER 362 DAKOTA LEE WAY OMRO,WI54963	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	5,000
TORI BLUME 4029 COUNTY ROAD B MARATHON,WI54448	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
TREVOR COLEMAN WRIGHT E 10420 COLEMAN LANE READSTOWN,WI54652	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	5,000
TYLER JAMES HARTMANN 538 WASHINGTON CIRCLE OOSTBURG,WI53070	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
TYLER PIEHL 201 S FIDELIS STREET APPLETON,WI54915	NONE		UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP	10,000
VINCENT PLATTEN 327 GEORGE STREET PO BOX 281 AMHERST,WI54406	NONE		UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP	5,000
ZACHARY HOFACKER N3310 STATE ROAD 47 APPLETON,WI54913	NONE		UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP	10,000
ZACHERY HOETH 2619 PROSPECT STREET LA CROSSE,WI54603	NONE		UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP	5,000
ZACHERY LEHNEN 511 S BEACH DRIVE ALTOONA,WI54720	NONE		UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP	5,000
Total ................................. 3a				917,500

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	7,494,103
2	Check
3	Interest on savings and temporary cash investments	59		59
4	Dividends and interest from securities......	381,578		381,578
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		8,877,134
b	Gross sales price for all assets on line 6a 16,371,237
7	Capital gain net income (from Part IV, line 2)...			8,877,134
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		-73,431	-13,118
12	Total. Add lines 1 through 11........	16,679,443		9,245,653
13	Compensation of officers, directors, trustees, etc.	40,000		6,000	34,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	2,295		344	1,951
16a	Legal fees (attach schedule).........		61	0	0
b	Accounting fees (attach schedule).......		4,250	0	0
c	Other professional fees (attach schedule)....		16,459	0	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)		20,000	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		1,062	0	1,062
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	84,127		6,344	37,013
25	Contributions, gifts, grants paid........	917,500			917,500
26	Total expenses and disbursements. Add lines 24 and 25	1,001,627		6,344	954,513
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	15,677,816
b	Net investment income (if negative, enter -0-)			9,239,309
c	Adjusted net income (if negative, enter -0-)...

Part II		Balance Sheets	Attached schedules and amounts in the description column should be for end-of-year amounts only. (See instructions.)	Beginning of year	End of year
Part II		Balance Sheets		(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............		175,852	315,432	315,432
	2	Savings and temporary cash investments..........		2,157,578	531,851	531,851
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule) 15,390
		Less: allowance for doubtful accounts 0		0	15,390	15,390
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........		4,664,447	18,452,069	19,415,641
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........		847,505	4,221,030	5,167,340
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )		7,759	0	0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)		7,853,141	23,535,772	25,445,654
		17	Accounts payable and accrued expenses..........			4,815
18		Grants payable...................
19		Deferred revenue..................
20		Loans from officers, directors, trustees, and other disqualified persons
21		Mortgages and other notes payable (attach schedule)......
22		Other liabilities (describe )
23		Total liabilities (add lines 17 through 22)..........		0	4,815
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........		0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund		0	0
	29	Retained earnings, accumulated income, endowment, or other funds		7,853,141	23,530,957
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................		7,853,141	23,530,957
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		7,853,141	23,535,772

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(d) Date sold (mo., day, yr.)
1 a	200752.823 SHS VANGUARD SPECIALIZED PORT HEALTH CARE	D	2013-11-08
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	15,985,947	7,494,103	8,491,844
b	385,290		385,290
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			8,491,844
b			385,290
c
d
e

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2012	333,353	6,423,045	0.051900
2011	0	0	0.000000
2010	0	0	0.000000
2009	0	0	0.000000
2008	0	0	0.000000

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
ALBERT O NICHOLAS	TRUSTEE 0.00	0	0	0
6002 N HIGHWAY 83 CHENEQUA,WI53029	TRUSTEE 0.00	0	0	0
LYNN S NICHOLAS	TRUSTEE 15.00	30,000	0	0
10309 N RIVER ROAD MEQUON,WI53092	TRUSTEE 15.00	30,000	0	0
DAVID O NICHOLAS	TRUSTEE 0.00	0	0	0
2401 W RANGE LINE TERRACE MEQUON,WI53092	TRUSTEE 0.00	0	0	0
SUSAN N FASCIANO	TRUSTEE 0.00	0	0	0
2533 INDIAN RIDGE DRIVE GLENVIEW,IL60025	TRUSTEE 0.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

		(a) Corpus	(b) Years prior to 2012	(c) 2012	(d) 2013
1 Distributable amount for 2013 from Part XI, line 7					1,060,552
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2013:
a From 2008.......
b From 2009.......
c From 2010.......
d From 2011.......
e From 2012.......	19,883
fTotal of lines 3a through e.........		19,883
4Qualifying distributions for 2013 from Part
XII, line 4: $ 954,513
a Applied to 2012, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions)......			0
c Treated as distributions out of corpus (Election required—see instructions).........		0
d Applied to 2013 distributable amount.....					954,513
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2013.		19,883			19,883
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2012. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2013. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2014 ..........					86,156
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see instructions) .............		0
8Excess distributions carryover from 2008 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2009....
b Excess from 2010....
c Excess from 2011....
d Excess from 2012....
e Excess from 2013....

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2013	(b) 2012	(c) 2011	(d) 2010	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

bApproved for future payment

Total ................................. 3b				0

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............			14	59
4 Dividends and interest from securities....			14	381,578
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property .............
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory .............			01	8,877,134
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aLOSS FROM PARTNERSHIPS		-60,313	01
bLOSS FROM PARTNERSHIPS			01	-419
cDORCHESTER MINERALS - PASSTHROUGH ENTITY			15	-12,699
d
e
12 Subtotal. Add columns (b), (d), and (e)..		-60,313		9,245,653	0

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Software ID:
Software Version:

Name of organization AB NICHOLAS SCHOLARSHIP FOUNDATION C/O LYNN NICHOLAS

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	ALBERT O NICHOLAS 6002 N HIGHWAY 83 CHENEQUA, WI53029	$7,494,103	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Name of organization AB NICHOLAS SCHOLARSHIP FOUNDATION C/O LYNN NICHOLAS

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
1	200752.823 SHS VANGUARD SPECIALIZED PORT HEALTH CARE FD ADMIRAL SHS	$15,985,947	2013-11-08
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
LOSS FROM PARTNERSHIPS	-60,313		-60,313
LOSS FROM PARTNERSHIPS	-419	-419	-419
DORCHESTER MINERALS - PASSTHROUGH ENTITY	-12,699	-12,699	-12,699