Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
AB NICHOLAS SCHOLARSHIP FOUNDATION
C/O LYNN NICHOLAS

Number and street (or P.O. box number if mail is not delivered to street address)10309 N RIVER ROAD   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MEQUON, WI53092
A Employer identification number

46-6194488
B Telephone number (see instructions)

(414) 272-4650
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$39,395,755
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I 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
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule).............. 16,044,237
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 366 366  
4 Dividends and interest from securities...... 770,499 770,499  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,877,840
b Gross sales price for all assets on line 6a 5,508,998
7 Capital gain net income (from Part IV, line 2)... 2,877,840
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)....... -329,533 -36,845  
12 Total. Add lines 1 through 11........ 19,363,409 3,611,860  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 40,000 6,000   34,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 3,060 459   2,601
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 6,750 0   0
c Other professional fees (attach schedule).... 4,102 0   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 36,054 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 16,419 0   16,419
23 Other expenses (attach schedule)....... 1,928 0   1,928
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 108,313 6,459   54,948
25 Contributions, gifts, grants paid........ 1,542,500 1,542,500
26 Total expenses and disbursements. Add lines 24 and 25 1,650,813 6,459   1,597,448
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 17,712,596
b Net investment income (if negative, enter -0-) 3,605,401
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
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
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 315,432 814,395 814,395
2 Savings and temporary cash investments.......... 531,851 985,422 985,422
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet104,717
Less: allowance for doubtful accounts bullet0 15,390 104,717 104,717
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)........ 3,855,324 Click to see attachment19,805,486 18,921,280
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 18,817,775 Click to see attachment19,514,326 18,533,795
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment12,124 Click to see attachment36,146 Click to see attachment36,146
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 23,547,896 41,260,492 39,395,755
Liabilities 17 Accounts payable and accrued expenses.......... 4,815 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 bullet)    
23 Total liabilities (add lines 17 through 22).......... 4,815 4,815
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
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 23,543,081 41,255,677
30 Total net assets or fund balances (see instructions)...... 23,543,081 41,255,677
31 Total liabilities and net assets/fund balances (see instructions).. 23,547,896 41,260,492
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 23,543,081
2 Enter amount from Part I, line 27a..................... 2 17,712,596
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 41,255,677
5 Decreases not included in line 2 (itemize) bullet 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 41,255,677
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(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
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1 a WILLIAMS PARTNERS LP - PASSTHROUGH ENTITY      
b CEDAR FAIR LP - PASSTHROUGH ENTITY      
c PLAINS ALL AMERICAN PIPELINE LP - PASSTHROUGH ENTITY      
d 6900 SHS LORILLARD INC P 2013-08-23 2015-06-12
e 10000 SHS LORRILARD INC P 2014-02-20 2015-06-12
14841.199 SHS VANGUARD SPECIALIZED HEALTH CARE D 2014-12-02 2015-07-29
400000 SHS NICHOLAS MONEY MKT FUND P 2013-01-17 2014-12-10
ACCESS MIDSTREAM PARTNERS LP - CASH IN LIEU P   2015-02-11
.210 SHS REYNOLDS AMERICAN INC P 2015-06-11 2015-06-16
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a       -424
b       -141
c       106
d 493,271   297,681 195,590
e 714,884   479,456 235,428
1,500,000   1,453,547 46,453
400,000   400,000 0
31     31
15   15 0
2,400,797     2,400,797
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       -424
b       -141
c       106
d       195,590
e       235,428
      46,453
      0
      31
      0
      2,400,797
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 2,877,840
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 . . . . . . . . . . . . . . . .
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see 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))
2013 862,120 23,058,909 0.037388
2012 333,353 6,423,045 0.051900
2011 0 0 0.000000
2010 0 0 0.000000
2009 0 0 0.000000
2 Total of line 1, column (d) ...................... 2 0.089288
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 0.017858
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 39,044,616
5 Multiply line 4 by line 3....................... 5 697,259
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 36,054
7 Add lines 5 and 6......................... 7 733,313
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,597,448
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.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 36,054
hereBulletand 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 36,054
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 36,054
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 72,200
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 72,200
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 36,146
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet36,146 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletABNICHOLASSCHOLARS.ORG
    14
    The books are in care ofbulletLYNN NICHOLAS Telephone no.bullet (262) 242-3040
    Located atbullet10309 NORTH RIVER ROADMEQUONWI ZIP+4bullet53092
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    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
    LYNN S NICHOLAS TRUSTEE
    20.00
    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
    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...................bullet 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
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    39,221,246
    b
    Average of monthly cash balances.......................
    1b
    417,958
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    39,639,204
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    39,639,204
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    594,588
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    39,044,616
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,952,231
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,952,231
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    36,054
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36,054
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,916,177
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,916,177
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,916,177
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,597,448
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,597,448
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    36,054
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,561,394
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2013
    (c)
    2013
    (d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 1,916,177
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 170,673
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,597,448
    a Applied to 2013, but not more than line 2a 170,673
    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 2014 distributable amount..... 1,426,775
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 0 0
    (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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    489,402
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    ALBERT O NICHOLAS
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LYNN NICHOLAS
    10309 NORTH RIVER ROAD
    MEQUON,WI53092
    (262) 242-3040
    INFO@ABNSF.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANT MUST REGISTER AND SUBMIT APPLICATION AND FINANCIAL AID WORKSHEET ONLINE THROUGH THE AB NICHOLAS SCHOLARSHIP FOUNDATION WEBSITE AT ABNICHOLASSCHOLARS.ORG.
    cAny submission deadlines:
    REGULAR APPLICATIONS AND RENEWAL APPLICATIONS ACCEPTED FEBRUARY 1ST THROUGH APRIL 30TH.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    APPLICANTS MUST DEMONSTRATE FINANCIAL NEED, BE A WISCONSIN RESIDENT GRADUATION FROM A WISCONSIN PUBLIC OR PRIVATE HIGH SCHOOL, AND HAVE PARTICIPATED IN THEIR SCHOOL'S BOYS OR GIRLS BASKETBALL PROGRAM. APPLICANTS MUST BE ATTENDING A UNIVERSITY OF WISCONSIN SYSTEM SCHOOL AS A FULL-TIME STUDENT (AT LEAST 12 CREDITS) ENROLLED IN A TWO-YEAR OR FOUR-YEAR PROGRAM. STUDENTS WHO PARTICIPATE IN NCAA DIVISION I, II OR III ATHELETICS ARE NOT ELIGIBLE.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    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)
    aPaid during the year
    AARON ANDREW SCHROEDER
    112 DOTY STREET
    FREMONT,WI54940
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP 10,000
    AARON BARTZ
    1417 E WILLIAMS DRIVE
    BELOIT,WI53511
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 10,000
    AARON SCHLISKY
    431 MULBERRY LANE
    PLYMOUTH,WI53073
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    ABIGAIL BISHOP
    N22422 EMERY ROAD
    ETTRICK,WI54627
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    ABIGAIL BISHOP
    N22422 EMERY ROAD
    ETTRICK,WI54627
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE 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 - LA CROSSE COLLEGE SCHOLARSHIP 10,000
    ALAINA LAURSEN
    N1549 WAFLE ROAD
    MAUSTON,WI53948
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    ALEC ARTHUR COLLINS
    302 MEADOW VIEW ROAD
    MOUNT HOREB,WI53572
    NONE   UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP 10,000
    ALEE SCHAHCZINSKI
    2777 ST PETERS RD
    EAST TROY,WI53120
    NONE   UNIVERSITY OF WISCONSIN - PARKSIDE COLLEGE SCHOLARSHIP 10,000
    ALEXANDER PERKINS
    23009 CTH AA
    RICHLAND CENTER,WI53581
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    ALI BOLDT
    5250 S MARTIN ROAD
    NEW BERLIN,WI53146
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    ALISON TESKE
    3612 S MILTON SHOPIERE RD
    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 10,000
    AMANDA KAZUGA
    9728 CTY HWY H
    STANLEY,WI54768
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP 5,000
    AMANDA KRUEGER
    216 EAST PERRY AVENUE
    MARION,WI54950
    NONE   UNIVERSITY OF WISCONSIN - MARATHON COUNTY COLLEGE SCHOLARSHIP 2,500
    AMANDA KRUEGER
    216 EAST PERRY AVENUE
    MARION,WI54950
    NONE   UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP 5,000
    AMBER ACKER
    W4938 KINGTON ROAD
    GREENWOOD,WI54437
    NONE   UNIVERSITY OF WISCONSIN - MARSHFIELD/WOOD COUNTY COLLEGE SCHOLARSHIP 2,500
    ANDREW MOSER
    1104 NINA AVENUE
    WAUSAU,WI54403
    NONE   UNIVERSITY OF WISCONSIN - MARATHON COUNTY COLLEGE SCHOLARSHIP 2,500
    ANDREW SZYMANSKI
    W4325 ST HWY 98
    LOYAL,WI54446
    NONE   UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP 10,000
    ANNA GRASSY
    109 LEON STREET
    MADISON,WI53714
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    ANTHONY PHILLIPS
    2327 S 65TH STREET
    WEST ALLIS,WI53219
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    ASHLEY NOELLE SCHOEN
    1256 JACKSON STREET
    OSHKOSH,WI54901
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 5,000
    ASHLEY NOELLE SCHOEN
    1256 JACKSON STREET
    OSHKOSH,WI54901
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    AUSTIN ANGELL
    326 MISSION DRIVE
    RICE LAKE,WI54868
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP 10,000
    AUSTIN BAHR
    228 MARY STREET
    CAMBRIA,WI53923
    NONE   UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP 10,000
    AUSTIN BAULDRY
    4006 MAIN STREET PO BOX 730
    FISH CREEK,WI54212
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 10,000
    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 10,000
    AUSTIN WODARZ
    966A BRAVE DRIVE
    SOMERSET,WI54025
    NONE   UNIVERSITY OF WISCONSIN - RIVER FALLS COLLEGE SCHOLARSHIP 10,000
    BAILEE KRAINING
    W2679 CENTER ROAD
    BONDUEL,WI54107
    NONE   UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP 5,000
    BAILEY HANSEN
    1674 STATE ROAD 87
    ST CROIX FALLS,WI54024
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP 5,000
    BAILEY RAE JOHNSON
    4698 SAINT FINBARS ROAD
    SAUKVILLE,WI53080
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    BENJAMIN ALAN KURKOWSKI
    3386 140TH STREET
    FREDERIC,WI54837
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    BENJAMIN ANDERSON
    3386 140TH STREET
    FREDERIC,WI54837
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 10,000
    BENJAMIN JEFFERS
    N6069 LONG ROAD
    HILBERT,WI54129
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 10,000
    BETHANEY MARCKS
    W 15161 COUNTY ROAD G
    BLACK CREEK,WI54106
    NONE   UNIVERSITY OF WISCONSIN - RIVER FALLS COLLEGE SCHOLARSHIP 10,000
    BRANDON BAXTER
    519 LINCOLN AVENUE
    BRILLION,WI54110
    NONE   UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP 5,000
    BRANDON MICHAEL BARTZ
    1503 DELMORE DRIVE
    MERRILL,WI54452
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 10,000
    BRANDY LARSON
    W3455 COUNTY ROAD B
    RIO,WI53960
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    BREANNA TIENOR
    831 E NORTH STREET
    SURING,WI54174
    NONE   UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP 5,000
    BRETT ECKERT
    677 SHADY LANE
    OCONOMOWOC,WI53066
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 10,000
    BRETT MATTHEWS
    4753 WEST BALSAM LN
    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 10,000
    BROCK KNAUTZ
    6271 APPLE ROAD
    SHULLSBURG,WI53586
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    BRYANNA BUCHOLTZ
    3806 E JACOBS DRIVE
    MILTON,WI53563
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 10,000
    CAITLIN O'CONNELL
    704 RAYMOND RD
    WAUNAKEE,WI53597
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    CAMBER POSEWITZ
    6217 S 18TH STREET
    SHEBOYGAN,WI53081
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    CAMERON SCOTT ROWE
    9260 W COUNTY ROAD B
    SAXON,WI54559
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    CASEY MICHELIC
    855 EUROPE BAY ROAD
    ELLISON BAY,WI54210
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    CHEYENNE REDCAY
    W1586 PANTHER CREEK ROAD
    CHILI,WI54420
    NONE   UNIVERSITY OF WISCONSIN - MARSHFIELD/WOOD COUNTY COLLEGE SCHOLARSHIP 2,500
    CHRISTIAN LANE
    117 E CHATEAU PLACE
    MILWAUKEE,WI53217
    NONE   UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP 10,000
    CHRISTOPHER ROBERS
    3380 S 35TH ST
    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 10,000
    COURTNEY MALLUEGE
    12550 COUNTY ROAD U
    WAUSAU,WI54401
    NONE   UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP 10,000
    DANIEL KELLY
    884 WILLOW RIDGE
    HUDSON,WI54016
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    DELTEN SCHMITZ
    615 S MAIN STREET
    GREENWOOD,WI54437
    NONE   UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP 5,000
    DEREK ASHMAN
    W6202 COUNTY ROAD O
    WAUSAU,WI54401
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 10,000
    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 MCCULLICK
    32999 DITTMAN HILL RD
    WAUZEKA,WI53826
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 10,000
    ELIZABETH WERNIMONT
    300 N FOUNTAIN STREET
    MONTFORT,WI53569
    NONE   UNIVERSITY OF WISCONSIN - RICHLAND COLLEGE SCHOLARSHIP 2,500
    ELYSE DUHR
    1011 WELLINGTON ST
    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
    EMILY NICKERSON
    1905 GREENFIELD AVENUE
    GREEN BAY,WI54313
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP 5,000
    EMILY ROBERTS
    255 S WESTFIELD STREET
    OSHKOSH,WI54902
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    ERIC SUSCHA
    4408 BLACKSTOCK ROAD
    SHEBOYGAN,WI53083
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 5,000
    ERIC TUURA
    2655 ERKILLA ROAD
    BRULE,WI54820
    NONE   UNIVERSITY OF WISCONSIN - SUPERIOR COLLEGE SCHOLARSHIP 10,000
    ETHAN WILLMAN
    2403 45TH STREET
    TWO RIVERS,WI54241
    NONE   UNIVERSITY OF WISCONSIN - MANITOWOC COLLEGE SCHOLARSHIP 2,500
    EVAN KETTERHAGEN
    8927 31ST AVENUE
    TWIN LAKES,WI53181
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 10,000
    GABRIELLE BANCROFT-HART
    468 PARK STREET
    GLIDDEN,WI54527
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 5,000
    GABRIELLE BANCROFT-HART
    N7490 HEALY ROAD
    CAMBRIA,WI53923
    NONE   UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP 5,000
    HALEE BEHRENS
    N5342 CIGRAND DRIVE
    FREDONIA,WI53021
    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 10,000
    HANNAH MEYER
    2866 BAYLITE DRIVE
    GREEN BAY,WI54313
    NONE   UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP 10,000
    HANNAH SAALSAA
    2891 N RIVERBEND ROAD
    ARGYLE,WI53504
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    HAYLEY SCHIPPER
    E9296 N ASBURY ROAD
    VIROQUA,WI54665
    NONE   UNIVERSITY OF WISCONSIN - RICHLAND COLLEGE SCHOLARSHIP 2,500
    ISAAC BARBER
    3075 HOLLYWOOD ROAD
    MARATHON,WI54448
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    JACOB BABCOCK
    201 NORTH PINE STREET
    ADAMS,WI53910
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    JACQUELINE GRUSZKA
    10525 PALMERSHEIM DRIVE
    HALES CORNERS,WI53130
    NONE   UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP 10,000
    JADA FALZON
    4038 W FOREST HILL AVENUE
    FRANKLIN,WI53132
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    JAMES KOLONKO
    701 OVERLOOK TERRACE
    DE FOREST,WI53532
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    JAMIE TRUITT
    6217 HARVEST LANE
    DE FOREST,WI53532
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    JENNA LANGMEIER
    W7603 PRAIRIE VIEW RD
    ARGYLE,WI53504
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    JENNA PRIBBENOW
    N2809 HWY C
    RIO,WI53960
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 5,000
    JENNIFER WANTA
    1652 HARVEST LANE
    DE FOREST,WI53532
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 10,000
    JEREMIAH HUBING
    201 MAPLE RIDGE DRIVE
    STRATFORD,WI54484
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    JEREMY NELSON
    26096 MERGANSER ROAD
    NORWALK,WI54648
    NONE   UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP 5,000
    JEREMY NELSON
    26096 MERGANSER ROAD
    NORWALK,WI54648
    NONE   UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP 5,000
    JEROME MURPHY
    N77 W16216 OVERLOOK DRIVE
    MENOMONEE FALLS,WI53051
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 10,000
    JERRY MCDONELL
    833 MALDEN AVENUE
    EAU CLAIRE,WI54703
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    JERRY MCDONNELL
    833 MALDEN AVENUE
    EAU CLAIRE,WI54703
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP 5,000
    JILLISA SOLBERG
    160 8TH AVENUE
    CLEAR LAKE,WI54005
    NONE   UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP 5,000
    JOHNATHAN BARNES
    2611 BUTTERNUT STREET
    PLOVER,WI54467
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 10,000
    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
    JOSEPH WITTMANN
    N6252 HIGHWAY V
    DEERBROOK,WI54424
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    JOSHUA COOK
    3437 ELM TREE COURT
    RACINE,WI53405
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    JULIA PATZ
    120 PARK AVENUE
    MUKWONAGO,WI53149
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    JULIE BENZSCHAWEL
    W7544 CTY HWY X
    WITHEE,WI54498
    NONE   UNIVERSITY OF WISCONSIN - RIVER FALLS COLLEGE SCHOLARSHIP 5,000
    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 10,000
    KATELYN HEROLD
    104 N MAIN ST PO BOX 495
    ALMA,WI54610
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP 5,000
    KAYLEA DAVIS
    700 E BLUFF STREET
    BOSCOBEL,WI53805
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    KAYLEE KLOPP
    158 FILLMORE STREET
    FREDONIA,WI53021
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 5,000
    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 - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    KELSEY THOMPSON
    1025 W LINCOLN STREET
    WAUPUN,WI53963
    NONE   UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP 10,000
    KENDRA ANDRESKA
    707 SURREY LANE
    MERRILL,WI54452
    NONE   UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP 10,000
    KRISTIE KNOPS
    1591 310TH STREET
    GLENWOOD CITY,WI54013
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP 5,000
    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 - LA CROSSE COLLEGE SCHOLARSHIP 10,000
    LAURA WAGNER
    2165 ALLERTON DRIVE
    OSHKOSH,WI54904
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    LAUREN ROCKNEY
    129 COLUMBUS STREET
    LAKE MILLS,WI53551
    NONE   UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP 10,000
    LEXI DESROCHERS
    1102 HERITAGE COURT
    WAUNAKEE,WI53597
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    LINDSEY BAUER
    812 E WALNUT STREET
    HORICON,WI53032
    NONE   UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP 5,000
    LINDSEY LAUTERBACH
    701 E HOLIDAY DRIVE
    BELOIT,WI53511
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    LOGAN BIRKHOLZ
    613 BRIDLEWOOD LANE
    WATERTOWN,WI53094
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 10,000
    LUKE OSBORNE
    420 S SUPERIOR
    ANTIGO,WI54409
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 5,000
    MALLORY MELVIN
    9640 RANGELINE ROAD
    WISCONSIN RAPIDS,WI54494
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP 10,000
    MARGARET GIBLIN
    7169 MEMORIAL DRIVE
    EGG HARBOR,WI54209
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 10,000
    MARIAH TESKE
    N4560 KOLBA AVENUE
    MAUSTON,WI53948
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    MARYJANE BEHM
    535 RIVERVIEW DRIVE
    WINNECONNE,WI54986
    NONE   UNIVERSITY OF WISCONSIN - RIVER FALLS COLLEGE SCHOLARSHIP 5,000
    MASON BEDNARSKI
    1901 ORCHARD CIRCLE
    WAUSAU,WI54401
    NONE   UNIVERSITY OF WISCONSIN - STOUT COLLEGE SCHOLARSHIP 10,000
    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 - LACROSSE COLLEGE SCHOLARSHIP 10,000
    MATTHEW DOERING
    E2917 DUTCH HOLLOW ROAD
    LA VALLE,WI53941
    NONE   UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP 5,000
    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 10,000
    MCKENZIE CLARY
    6104 RIDGEWOOD AVE
    MONONA,WI53716
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    MEGAN CHRISTIANSEN
    8601 CO RD A
    MARSHFIELD,WI54449
    NONE   UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP 10,000
    MEGAN DITTNER
    209 EAST LAKEVIEW DRIVE
    LA FARGE,WI54639
    NONE   UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP 10,000
    MEGAN OLSON
    N2777 HWY GG
    BRODHEAD,WI53520
    NONE   UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP 5,000
    MEGAN ROWOLDT
    512 VOTECH DRIVE
    WATERTOWN,WI53098
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 5,000
    MEGAN WATERWORTH
    N3164 STATE ROAD 146
    FALL RIVER,WI53932
    NONE   UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP 5,000
    MELISSA GAIL MILLER
    3944 WILDLIFE COURT
    SLINGER,WI53086
    NONE   UNIVERSITY OF WISCONSIN - STEVENS POINT COLLEGE SCHOLARSHIP 10,000
    MELISSA PETROFF
    2008 RANBLING ROSE ROAD
    WAUKESHA,WI53186
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    MERIK MEYTHALER
    POBOX 188
    SOUTH WAYNE,WI53587
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    MICHAEL PAMPERIN
    3023 LINCOLN AVE
    LA CROSSE,WI54601
    NONE   UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP 10,000
    MICHAELA SLIND
    2358 COUNTY ROAD DD
    BALDWIN,WI54002
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    MICHAELA VINZ
    W8473 COUNTY ROAD A
    NEW LISBON,WI53950
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    MIKAYLA BAKKEN
    976 CANAL ROAD PO BOX 702
    MARSHALL,WI53559
    NONE   UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP 5,000
    MIKAYLA RICHARDS
    24622 COUNTY HIGHWAY G
    TOMAH,WI54660
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    MILES KEITZER
    3202 JAMES STREET
    MADISON,WI53714
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    MITCHELL JOHNSON
    W310 STATE ROAD 29
    SPRING VALLEY,WI54767
    NONE   UNIVERSITY OF WISCONSIN - STOUT POINT COLLEGE SCHOLARSHIP 5,000
    MOLLY MCLOONE
    825 N BROADWAY STREET
    STANLEY,WI54768
    NONE   UNIVERSITY OF WISCONSIN - MILWAUKEE COLLEGE SCHOLARSHIP 10,000
    MORGAN KRAWZE
    5269 LINDEN STREET
    LAONA,WI54541
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 5,000
    MORGAN WILDE
    1511 JACKSON STREET
    MERRILL,WI54452
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE COLLEGE SCHOLARSHIP 10,000
    NICHOLAS BENJAMIN SCHUELLER
    533 TOWER ROAD
    PORT WASHINGTON,WI53074
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    NICHOLAS CIRESE
    4106 LONG LAKE DAM ROAD
    PHELPS,WI54554
    NONE   UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP 5,000
    OLIVER HANSEN
    1188 MAIN ROAD
    WASHINGTON ISL,WI54246
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    OLIVIA RAULS
    160 6TH STREET
    PRAIRIE DE SAC,WI53578
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    PAIGE KRIECK
    W 6065 MOONFLOWER DRIVE
    APPLETON,WI54915
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 10,000
    PAIGE RINGELSTETTER
    N5651 NEBULA DRIVE
    PARDEEVILLE,WI53954
    NONE   UNIVERSITY OF WISCONSIN - BARABOO/SAUK COUNTY COLLEGE SCHOLARSHIP 2,500
    PETER GROOTHAUSEN
    W6651 FLAMBEAU DRIVE
    TONY,WI54563
    NONE   UNIVERSITY OF WISCONSIN - BARON COUNTY COLLEGE SCHOLARSHIP 5,000
    RACHAEL SHULTA
    5170 W BEHRENDT STREET
    FRANKLIN,WI53132
    NONE   UNIVERSITY OF WISCONSIN - LACROSSE COLLEGE SCHOLARSHIP 10,000
    RACHEL SERCHEN
    3385 PLEASANT HILL ROAD
    RICHFIELD,WI53076
    NONE   UNIVERSITY OF WISCONSIN - WAUKESHA COLLEGE SCHOLARSHIP 2,500
    RACHEL WARNKE
    2025 MEADOW LINKS DRIVE
    NEW FRANKEN,WI54229
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    REBECCA MINZ
    410 S 3RD AVENUE
    WEST BEND,WI53095
    NONE   UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP 5,000
    RILEY MILLER
    3703 NELSON ROAD
    ORFORDVILLE,WI53576
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    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 GARSKE
    325 WILSON STREET
    AMHERST,WI54406
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 5,000
    SAMANTHA GOSEWEHR
    1437 FALLS ROAD
    GRAFTON,WI53024
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 10,000
    SAMANTHA SIPPY
    23788 COUNTY HWY Z
    CORNELL,WI54732
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 5,000
    SAMUEL HIGGINBOTHAM
    2684 OLD LIME KILN ROAD
    SISTER BAY,WI54234
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 5,000
    SANTANA HERBST
    7477 COUNTY ROAD B
    WINNECONNE,WI54986
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 5,000
    SARAH HALL-MACKENZIE
    110 FLORA STREET
    PRESCOTT,WI54021
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    SARAH PETERSON
    W8848 BRAZELTON DRIVE
    KEWASKUM,WI53040
    NONE   UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP 10,000
    SAVANNAH BARRY
    3210 MAPLE ROAD
    BURLINGTON,WI53105
    NONE   UNIVERSITY OF WISCONSIN - MADISON 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
    SHIANNA LINJER
    E1961 WEINMANN ROAD
    SCANDINAVIA,WI54977
    NONE   UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP 5,000
    SIERRA LARDINOIS
    6407 COTTONWOOD DRIVE
    PULASKI,WI54162
    NONE   UNIVERSITY OF WISCONSIN - GREEN BAY COLLEGE SCHOLARSHIP 10,000
    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 2,500
    STEPHEN DROESSLER
    PO BOX 722 3810 CHARLIE LANE
    DICKEYVILLE,WI53808
    NONE   UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP 5,000
    TABITHA HARNACK
    706 E 2ND AVENUE
    BRODHEAD,WI53520
    NONE   UNIVERSITY OF WISCONSIN - STOUT COLLEGE SCHOLARSHIP 10,000
    TAYLER KING
    7352 STATE ROAD 133 WEST
    BOSCOBEL,WI53805
    NONE   UNIVERSITY OF WISCONSIN - PLATTEVILLE COLLEGE SCHOLARSHIP 5,000
    TAYLOR JACKSON
    107 COUNTY ROAD I
    MONTFORT,WI53569
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    TAYLOR KRUPA
    N10594 17TH AVENUE
    NECEDAH,WI54646
    NONE   UNIVERSITY OF WISCONSIN - STOUT COLLEGE SCHOLARSHIP 10,000
    TAYLOR LEACH
    S345 HIDDEN FOX COURT
    SPRING VALLEY,WI54767
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    TAYLOR LYNN
    84262 STATE HWY 13
    UNITY,WI54488
    NONE   UNIVERSITY OF WISCONSIN - MARSHFIELD/WOOD COUNTY COLLEGE SCHOLARSHIP 2,500
    TESSA CUSHMAN
    307 W CENTER STREET
    SOUTH WAYNE,WI53587
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    TESSA ZIMMER
    362 DAKOTA LEE WAY
    OMRO,WI54963
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 10,000
    TORI BLUME
    4029 COUNTY ROAD B
    MARATHON,WI54448
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    TRENT KLEMM
    N3891 COUNTY ROAD C
    MEDFORD,WI54451
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 5,000
    TREVOR COLEMAN WRIGHT
    E 10420 COLEMAN LANE
    READSTOWN,WI54652
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 10,000
    TUYET NGUYEN
    3412 W HOLMES AVENUE
    GREENFIELD,WI53221
    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
    VICTORIA MILLET
    6115 W CALUMET ROAD
    MILWAUKEE,WI53223
    NONE   UNIVERSITY OF WISCONSIN - MADISON COLLEGE SCHOLARSHIP 5,000
    VICTORIA YURS
    N2856 STATE RD 89
    FORT ATKINSON,WI53538
    NONE   UNIVERSITY OF WISCONSIN - WHITEWATER COLLEGE SCHOLARSHIP 5,000
    VINCENT PLATTEN
    327 GEORGE STREET PO BOX 281
    AMHERST,WI54406
    NONE   UNIVERSITY OF WISCONSIN - OSHKOSH COLLEGE SCHOLARSHIP 10,000
    WESLEY LEBAKKEN
    N13641 PALOMINO LANE
    TREMPEALEAU,WI54661
    NONE   UNIVERSITY OF WISCONSIN - EAU CLAIRE 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 10,000
    ZACHERY LEHNEN
    511 S BEACH DRIVE
    ALTOONA,WI54720
    NONE   UNIVERSITY OF WISCONSIN - LA CROSSE COLLEGE SCHOLARSHIP 10,000
    Total .................................bullet 3a 1,542,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    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
    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 ............
        14 366  
    4 Dividends and interest from securities....     14 770,499  
    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 2,877,840  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aLOSS FROM PARTNERSHIPS   -292,688 01    
    bLOSS FROM PARTNERSHIPS     01 -5,158  
    cDORCHESTER MINERALS LP - PASSTHROUGH ENTITY     15 -31,687  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -292,688 3,611,860 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,319,172
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







    Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    Employer identification number

    46-6194488
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    Employer identification number

    46-6194488
    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

    $16,044,237


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    Employer identification number

    46-6194488
    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
    163817 SHS VANGUARD SPECIALIZED PORT HEALTH CARE FD ADMIRAL SHS $ 16,044,237 2014-12-03
    (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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    Employer identification number

    46-6194488
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    EIN: 46-6194488
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ANDERSON TACKMAN & CO, PLC 6,750 0   0

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    EIN: 46-6194488
    Name of Stock End of Year Book Value End of Year Fair Market Value
      19,805,486 18,921,280

    TY 2014 InvestmentsOtherSchedule2
    Name:
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    EIN: 46-6194488
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS AT COST 16,792,153 15,963,582
    PARTNERSHIP INTERESTS AT COST 2,722,173 2,570,213

    TY 2014 OtherAssetsSchedule
    Name:
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    EIN: 46-6194488
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID TAXES 12,124 36,146 36,146


    TY 2014 OtherExpensesSchedule
    Name:
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    EIN: 46-6194488
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPIES 209 0   209
    POSTAGE & MAILING 1,719 0   1,719


    TY 2014 OtherIncomeSchedule2
    Name:
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    EIN: 46-6194488
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LOSS FROM PARTNERSHIPS -292,688   -292,688
    LOSS FROM PARTNERSHIPS -5,158 -5,158 -5,158
    DORCHESTER MINERALS LP - PASSTHROUGH ENTITY -31,687 -31,687 -31,687


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    EIN: 46-6194488
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MCDILL DESIGN 4,102 0   0


    TY 2014 SubstantialContributorsSch
    Name:
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    EIN: 46-6194488
    Name Address
    ALBERT O NICHOLAS 6002 N HIGHWAY 83
    CHENEQUA,WI53029


    TY 2014 TaxesSchedule
    Name:
    AB NICHOLAS SCHOLARSHIP FOUNDATION
    C/O LYNN NICHOLAS
    EIN: 46-6194488
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX ON INVESTMENT INCOME 36,054 0   0