TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2015

Open to Public Inspection

For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015

Name of foundation
DAHL FAMILY FOUNDATION 1035006214

Number and street (or P.O. box number if mail is not delivered to street address)230 FRONT STREET NORTH
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LA CROSSE, WI54601

A Employer identification number

20-0506791

B Telephone number (see instructions)

(608) 782-1148

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$4,478,531J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	104,048		104,048
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		314,399
b	Gross sales price for all assets on line 6a 3,089,673
7	Capital gain net income (from Part IV, line 2)...			314,399
8	Net short-term capital gain.........				0
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).......
12	Total. Add lines 1 through 11........	418,447		418,447
13	Compensation of officers, directors, trustees, etc.	28,434		28,434
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		1,000	0	0	1,000
c	Other professional fees (attach schedule)....		14,127	14,127		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		11,417	11,417		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		314			314
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	55,292		53,978	0	1,314
25	Contributions, gifts, grants paid.......	544,300				544,300
26	Total expenses and disbursements. Add lines 24 and 25	599,592		53,978	0	545,614
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-181,145
b	Net investment income (if negative, enter -0-)			364,469
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2015)

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	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.............
	2	Savings and temporary cash investments.........	105,535	76,391	76,391
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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)
		Less: allowance for doubtful accounts 0
	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).......
	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)..........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	4,272,542	4,122,421	4,402,140
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,378,077	4,198,812	4,478,531
	17	Accounts payable and accrued expenses..........
	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
		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........	4,378,077	4,198,812
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions).....	4,378,077	4,198,812
	31	Total liabilities and net assets/fund balances (see instructions).	4,378,077	4,198,812

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

4,378,077

Enter amount from Part I, line 27a .....................

-181,145

Other increases not included in line 2 (itemize) bullet

1,880

Add lines 1, 2, and 3 ..........................

4,198,812

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

4,198,812

Form 990-PF (2015)

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	.5 KEYSIGHT TECHNOLOGIES INC		2012-06-27	2015-01-05
b	154. APACHE CORP		2012-12-13	2015-01-20
c	277. HALLIBURTON CO		2012-03-27	2015-01-20
d	260. HESS CORP		2012-12-13	2015-01-20
e	186. OCCIDENTAL PETROLEUM CORP		2012-09-19	2015-01-20
	148. HERBALIFE LTD		2012-12-31	2015-01-22
	66. HERBALIFE LTD		2014-09-15	2015-01-22
	37. ANHEUSER-BUSCH INBEV SA/NV SP ADR		2012-12-13	2015-02-03
	158. APPLE INC		2013-07-09	2015-02-03
	150. ASTRAZENECA GROUP PLC SPONSORED ADR		2012-12-31	2015-02-03
	412. AXA SA SPONSORED ADR		2014-02-10	2015-02-03
	279. BILL BARRETT CORP		2014-09-15	2015-02-03
	80. BERKSHIRE HATHAWAY INC CL B NEW		2013-07-09	2015-02-03
	74. CALIFORNIA RESOURCES CORP		2012-09-19	2015-02-03
	93. CATO CORP		2012-01-10	2015-02-03
	74. CHEESECAKE FACTORY INC		2012-12-31	2015-02-03
	30. CHEVRONTEXACO CORP		2012-12-13	2015-02-03
	134. CHINA PETROLEUM & CHEMICAL CORP ADR		2013-07-09	2015-02-03
	111. COGNIZANT TECHNOLOGY SOLUTIONS CORP		2013-07-09	2015-02-03
	54. CONOCOPHILLIPS		2011-06-09	2015-02-03
	1361. CONTROLADORA VUEL		2014-06-19	2015-02-03
	593. EMC CORP		2013-07-09	2015-02-03
	62. EXPRESS SCRIPTS HLDG CO		2013-07-09	2015-02-03
	222. FINISH LINE INC CLASS A		2014-06-19	2015-02-03
	94. ISHARES RUSSELL MID CAP ETF		2012-12-13	2015-02-03
	140. JGC CORP ADR		2013-09-10	2015-02-03
	49. JGC CORP ADR		2014-06-19	2015-02-03
	193. K12 INC		2013-04-30	2015-02-03
	467. K12 INC		2014-09-15	2015-02-03
	174. KDDI CORP ADR		2014-02-10	2015-02-03
	124. KEYSIGHT TECHNOLOGIES INC		2012-06-27	2015-02-03
	808. KINGFISHER PLC ADR		2012-12-13	2015-02-03
	83. MAXIMUS INC		2013-07-09	2015-02-03
	89. MEDNAX INC		2011-06-09	2015-02-03
	347. MELCO CROWN ENTERTAINMENT LTD ADR		2014-06-19	2015-02-03
	27. NETEASE.COM INC		2012-12-13	2015-02-03
	35. NEXTERA ENERGY INC		2011-06-24	2015-02-03
	43. OLD DOMINION FREIGHT LINE		2013-04-04	2015-02-03
	392. REX ENERGY CORP		2012-12-13	2015-02-03
	307. ROADRUNNER TRANSPORTATION SVCS		2014-02-10	2015-02-03
	366. STATOIL ASA SPONSORED ADR		2013-06-27	2015-02-03
	42. STERICYCLE INC		2013-07-09	2015-02-03
	622. SUBSEA 7 S A		2014-09-15	2015-02-03
	160. SYKES ENTERPRISES INC		2011-06-24	2015-02-03
	155. TAIWAN SEMICONDUCTOR MFG SPON ADR		2012-06-27	2015-02-03
	119. VANGUARD LARGE CAP ETF		2012-12-31	2015-02-03
	17. VISA INC		2013-06-27	2015-02-03
	234. VOLKSWAGEN AG SPONSORED ADR		2011-10-10	2015-02-03
	45. PERRIGO CO LTD		2013-09-10	2015-02-03
	730.396 FEDERATED ULTRASHORT BOND I		2014-04-28	2015-02-23
	1565.064 FIDELITY ADVISOR EMERGING MARKETS INCOME		2014-10-06	2015-02-23
	105. AMERICAN EQUITY INVESTMENT LIFE HOLDING		2013-04-30	2015-02-24
	62. ANIXTER INTERNATIONAL INC		2011-06-09	2015-02-24
	85. APPLE INC		2013-07-09	2015-02-24
	121. COGNIZANT TECHNOLOGY SOLUTIONS CORP		2013-07-09	2015-02-24
	27. ISHARES RUSSELL MID CAP ETF		2012-12-13	2015-02-24
	130. MOBILE MINI INC		2012-12-13	2015-02-24
	56. OLD DOMINION FREIGHT LINE		2013-04-04	2015-02-24
	102. STERICYCLE INC		2014-02-10	2015-02-24
	126. VARIAN MEDICAL SYSTEMS INC		2013-07-09	2015-02-24
	787. GRAY TELEVISION INC		2013-06-27	2015-03-18
	108. GREIF BROTHERS CORP CLASS A		2014-02-10	2015-03-18
	250. HELIX ENERGY SOLUTIONS GROUP INC		2014-09-15	2015-03-18
	70. ANIXTER INTERNATIONAL INC		2012-12-13	2015-04-01
	99. AMERISOURCEBERGEN CORP		2013-06-27	2015-04-07
	65. APPLE INC		2013-07-09	2015-04-07
	278. ASSOCIATED BANC CORP		2012-12-13	2015-04-07
	157. CEPHEID INC		2014-02-10	2015-04-07
	281. CHICOS FAS INC		2013-06-27	2015-04-07
	172. COACH INC		2013-07-09	2015-04-07
	116. COGNIZANT TECHNOLOGY SOLUTIONS CORP		2013-07-09	2015-04-07
	84. CYTEC INDUSTRIES INC		2012-06-27	2015-04-07
	118. EXPRESS SCRIPTS HLDG CO		2014-04-01	2015-04-07
	67. GAMCO INVESTORS INC		2012-12-13	2015-04-07
	1461. GRAN TIERRA ENERGY INC		2014-02-10	2015-04-07
	2985. GRAN TIERRA ENERGY INC		2015-02-03	2015-04-07
	146. GRAND CANYON EDUCATION INC		2014-04-01	2015-04-07
	266. ISHARES RUSSELL MID CAP ETF		2012-12-13	2015-04-07
	154. J P MORGAN CHASE & CO		2014-02-10	2015-04-07
	138. KORN/FERRY INTERNATIONAL		2014-02-10	2015-04-07
	106. MAXIMUS INC		2013-07-09	2015-04-07
	78. MOLINA HEALTHCARE INC		2014-04-01	2015-04-07
	167. NATIONAL-OILWELL INC		2013-07-09	2015-04-07
	133. NEOGEN CORP		2011-06-09	2015-04-07
	114. PRA GROUP INC		2015-02-03	2015-04-07
	100. PIPER JAFFRAY COS		2014-04-01	2015-04-07
	266. RADIAN GROUP INC		2013-09-10	2015-04-07
	291. RITCHIE BROS AUCTIONEERS INC		2011-06-24	2015-04-07
	380. ROLLINS INC		2011-06-09	2015-04-07
	123. ROLLS-ROYCE PLC ADR		2014-04-01	2015-04-07
	89. SPS COMMERCE INC		2011-10-10	2015-04-07
	596. SAFRAN S.A. ADR		2013-04-30	2015-04-07
	64. ULTIMATE SOFTWARE GROUP INC		2014-04-01	2015-04-07
	129. WEBSTER FINANCIAL CORP		2012-12-13	2015-04-07
	183. WELLS FARGO & CO		2012-12-13	2015-04-07
	80. ABAXIS INC		2011-08-04	2015-04-08
	27. COSTAR GROUP INC		2011-06-09	2015-04-08
	143. DISCOVER FINANCIAL SERVICES		2014-04-01	2015-04-08
	326. GENERAL ELECTRIC CO		2012-12-13	2015-04-08
	54. M&T BANK CORP		2013-07-09	2015-04-08
	172. NATIONAL INSTRUMENTS CORP		2011-06-09	2015-04-08
	2452.418 OPPENHEIMER DEVELOPING MARKETS I		2014-02-24	2015-04-08
	445. PT BANK MANDIRI PERSERO ADR		2013-06-27	2015-04-08
	6. PRICELINE GROUP INC		2013-07-09	2015-04-08
	71. PROTO LABS INC		2013-07-09	2015-04-08
	63. ICON PLC		2012-06-27	2015-04-08
	104. ALLIED WORLD ASSURANCE HOLDINGS LTD		2011-06-09	2015-04-08
	111. AMERICAN INTERNATIONAL GROUP INC		2013-04-04	2015-04-09
	94. BAXTER INTERNATIONAL INC		2011-07-27	2015-04-09
	168. BRIDGESTONE CORP ADR		2014-02-10	2015-04-09
	107. CATO CORP		2014-04-01	2015-04-09
	40. CHEMED CORP		2011-06-09	2015-04-09
	406. COUSINS PROPERTIES INC		2011-10-10	2015-04-09
	84. FIVE BELOW INC		2013-06-27	2015-04-09
	29. FIVE BELOW INC		2014-06-19	2015-04-09
	124. HEALTHCARE SERVICES GROUP INC		2014-06-19	2015-04-09
	69. HONEYWELL INTERNATIONAL INC		2011-06-09	2015-04-09
	132. HONG KONG EXCHANGES & CLEARING LTD ADR		2015-02-03	2015-04-09
	52. ORIX CORP ADR		2014-09-15	2015-04-09
	95. QUALCOMM INC		2013-07-09	2015-04-09
	70. THOR INDUSTRIES INC		2013-04-04	2015-04-09
	63. UNITED NATURAL FOODS INC		2011-06-09	2015-04-09
	60. UNITED TECHNOLOGIES CORP		2011-06-09	2015-04-09
	87. VERISK ANALYTICS INC		2013-07-09	2015-04-09
	130. WESBANCO INC		2012-12-13	2015-04-09
	24. ACTAVIS PLC		2013-06-27	2015-04-09
	42. PERRIGO CO LTD		2013-09-10	2015-04-09
	79. AERCAP HOLDINGS NV		2011-06-09	2015-04-09
	2434.116 OPPENHEIMER DEVELOPING MARKETS I		2013-03-27	2015-04-10
	116. AVISTA CORP		2015-02-03	2015-04-20
	53. BT GROUP PLC ADR		2012-12-13	2015-04-20
	93. BAKER HUGHES INC		2014-12-02	2015-04-20
	136. BANK NEW YORK MELLON CORP		2011-06-24	2015-04-20
	40. BERKSHIRE HATHAWAY INC CL B NEW		2013-07-09	2015-04-20
	35. BIO-TECHNE CORP		2015-02-03	2015-04-20
	80. CAP GEMINI SA ADR		2014-02-10	2015-04-20
	210. CISCO SYSTEMS INC		2013-07-09	2015-04-20
	75. DORRMAN PRODUCTS INC		2014-06-19	2015-04-20
	101. EMCOR GROUP INC		2012-12-13	2015-04-20
	86. FOSTER LB CO		2014-04-01	2015-04-20
	76. IPC HEALTHCARE INC		2011-06-09	2015-04-20
	93. SCHLUMBERGER LTD		2013-07-09	2015-04-20
	60. SUN COMMUNITIES INC		2012-12-13	2015-04-20
	58. VERINT SYSTEMS INC		2011-06-09	2015-04-20
	33. WABCO HOLDINGS INC		2014-04-01	2015-04-20
	71. WAL MART STORES INC		2012-12-13	2015-04-20
	85. VALIDUS HOLDINGS LTD		2012-09-19	2015-04-20
	65. CORE LABORATORIES NV		2014-12-02	2015-04-20
	308. WUXI PHARMATECH CAYMAN ADR		2012-12-13	2015-04-22
	70. ADVISORY BOARD CO		2014-04-01	2015-04-24
	72. ALLSTATE CORP		2011-12-12	2015-04-24
	31. ATHENAHEALTH INC		2011-06-24	2015-04-24
	45. CHEVRONTEXACO CORP		2012-12-13	2015-04-24
	5509.214 PIMCO FOREIGN BOND INSTITUTIONAL		2013-05-24	2015-04-24
	142. PANDORA ADR		2014-04-01	2015-04-24
	121. PUBLIC SERVICE ENTERPRISE GROUP INC		2011-10-10	2015-04-24
	186. TRUEBLUE INC		2014-06-19	2015-04-24
	45. VALEO SA		2011-08-16	2015-04-24
	65. CASS INFORMATION SYSTEMS INC		2012-12-13	2015-05-06
	85. DEALERTRACK HOLDINGS INC		2012-12-13	2015-05-06
	45. MEDNAX INC		2014-04-01	2015-05-06
	157. INTEL CORP		2014-02-10	2015-05-08
	100. PTC INC		2013-06-27	2015-05-08
	443. ADVANCED SEMICONDUCTOR ENGINEERING INC		2014-02-10	2015-05-20
	29. AGRIUM INC		2013-09-10	2015-05-20
	90. BIO-REFERENCE LABORATORIES INC		2011-11-02	2015-05-20
	65. CHEESECAKE FACTORY INC		2011-06-09	2015-05-20
	137. COLONY CAPITAL INC		2012-12-13	2015-05-20
	52. DIRECTV		2014-06-19	2015-05-20
	60. DOVER CORP		2013-04-04	2015-05-20
	182. EMC CORP		2013-07-09	2015-05-20
	110. ECHO GLOBAL LOGISTICS INC		2012-12-13	2015-05-20
	179. GENTEX CORP		2011-06-09	2015-05-20
	25. GOLDMAN SACHS GROUP INC		2011-07-27	2015-05-20
	542. HERSHA HOSPITALITY TRUST CL A		2012-12-13	2015-05-20
	271. LKQ CORP		2014-04-01	2015-05-20
	101. LENOVO COMPUTER GROUP LTD		2013-09-19	2015-05-20
	35. MEAD JOHNSON NUTRITION CO		2014-04-01	2015-05-20
	58. METHANEX CORP		2014-06-19	2015-05-20
	98. MUELLER INDUSTRIES INC		2011-06-09	2015-05-20
	23. NETEASE.COM INC		2012-12-13	2015-05-20
	81. NETSCOUT SYSTEMS INC		2012-09-19	2015-05-20
	218. OLD NATIONAL BANCORP		2012-12-13	2015-05-20
	173. PATTERSON-UTI ENERGY INC		2015-02-24	2015-05-20
	59. PROCTER & GAMBLE CO		2011-10-10	2015-05-20
	168. PROVIDENT FINANCIAL SERVICES		2012-12-13	2015-05-20
	119. SANDY SPRING BANCORP INC		2013-07-09	2015-05-20
	26. STERICYCLE INC		2013-07-09	2015-05-20
	415. SUMITOMO MITUSUI FINANCIAL GROUP		2015-02-03	2015-05-20
	129. SWIFT TRANSPORTATION CO CL A		2015-02-03	2015-05-20
	112. U S BANCORP DEL		2011-10-10	2015-05-20
	84. VISA INC		2013-06-27	2015-05-20
	77. WEIS MARKETS INC		2011-06-24	2015-05-20
	151. WISDOMTREE INVESTMENTS INC		2015-05-06	2015-05-20
	271.48 INVESCO CONVERTIBLE SECURITIES Y		2013-05-24	2015-06-02
	2034.248 DELAWARE CORPORATE BOND I		2014-10-06	2015-06-02
	544.674 DREIHAUS ACTIVE INCOME FUND		2013-05-24	2015-06-02
	542.302 EATON VANCE FLOATING RATE I		2013-08-05	2015-06-02
	906.453 IVY HIGH INCOME I		2013-05-24	2015-06-02
	705.009 METROPOLITAN WEST TOTAL RETURN BOND I		2015-04-24	2015-06-02
	559.981 PIMCO REAL RETURN I		2011-07-05	2015-06-02
	167. BAXTER INTERNATIONAL INC		2011-10-10	2015-06-08
	186. HSBC HOLDINGS PLC SPONSORED ADR		2012-09-19	2015-06-08
	144. KIRKLANDS INC		2014-09-15	2015-06-08
	66. PIPER JAFFRAY COS		2013-04-04	2015-06-08
	299. SYKES ENTERPRISES INC		2012-12-13	2015-06-08
	69. TRUEBLUE INC		2014-06-19	2015-06-08
	92. WEBSTER FINANCIAL CORP		2011-08-16	2015-06-08
	93. BEACON ROOFING SUPPLY INC		2013-04-04	2015-06-09
	63. CABOT MICROELECTRONICS CORP		2011-06-09	2015-06-09
	114. KITE REALTY GROUP TRUST		2014-04-01	2015-06-09
	47. MAGNA INTERNATIONAL INC CLASS A		2015-02-03	2015-06-09
	63. MEDNAX INC		2014-04-01	2015-06-09
	137. MERIT MEDICAL SYSTEMS INC		2015-03-18	2015-06-09
	105. ORACLE CORP		2013-04-04	2015-06-09
	60. POWER INTEGRATIONS INC		2011-06-09	2015-06-09
	224. TILE SHOP HOLDINGS INC		2014-02-10	2015-06-09
	33. CHECK POINT SOFTWARE		2011-06-09	2015-06-09
	242. SYNERON MEDICAL LTD		2015-02-03	2015-06-09
	115. AVG TECHNOLOGIES NV		2014-02-10	2015-06-09
	71. CBS CORP NEW		2012-09-19	2015-06-11
	68. CONOCOPHILLIPS		2012-06-27	2015-06-11
	55. T ROWE PRICE GROUP INC		2015-01-20	2015-06-11
	149. STEELCASE INC CLASS A		2015-02-03	2015-06-11
	105. AGILENT TECHNOLOGIES INC		2012-06-27	2015-06-15
	70. BORG WARNER AUTOMOTIVE INC		2012-01-10	2015-06-15
	48. EOG RESOURCES INC		2014-12-02	2015-06-15
	353. ENTRAVISION COMMUNICATIONS CORP		2014-04-01	2015-06-15
	140. FIRST MIDWEST BANCORP INC		2014-04-01	2015-06-15
	44. FORWARD AIR CORP		2011-06-09	2015-06-15
	37. GAMCO INVESTORS INC		2011-08-16	2015-06-15
	84. HANCOCK HOLDING CO		2013-09-10	2015-06-15
	65. MOBILE MINI INC		2011-06-09	2015-06-15
	42. NEXTERA ENERGY INC		2011-06-24	2015-06-15
	224. PEGASYSTEMS INC		2011-07-27	2015-06-15
	48. PHILLIP MORRIS INTL INC		2011-06-09	2015-06-15
	132. SEMTECH CORP		2011-06-09	2015-06-15
	37. ICON PLC		2012-06-27	2015-06-15
	445. PERFECT WORLD CO		2014-09-15	2015-06-16
	28. PERRIGO CO LTD		2012-12-31	2015-06-18
	89. AGRIUM INC		2013-09-10	2015-06-23
	165. BIO-REFERENCE LABORATORIES INC		2011-11-02	2015-06-23
	.066 GOOGLE INC CL C		2014-04-01	2015-06-23
	723. PT ASTRA INTL ADR		2014-06-19	2015-06-23
	209. SEMTECH CORP		2011-08-16	2015-06-23
	8051.527 HIGHLAND LONG/SHORT EQUITY FUND CL Z		2013-05-24	2015-07-02
	168. CHICOS FAS INC		2011-08-16	2015-07-10
	15. ICON PLC		2015-02-03	2015-07-10
	32. ICON PLC		2012-06-27	2015-07-10
	169. DEALERTRACK HOLDINGS INC		2011-08-16	2015-07-23
	154. DIRECTV		2014-06-19	2015-07-27
	.5 HERSHA HOSPITALITY TRUST		2012-12-13	2015-07-27
	138. FRESH MARKET INC		2012-09-19	2015-08-12
	300. ISHARES RUSSELL MID CAP ETF		2011-06-09	2015-08-14
	92. MARATHON PETROLEUM CORP		2015-01-20	2015-08-14
	80. MICROSOFT CORP		2012-12-13	2015-08-14
	1000. VANGUARD LARGE CAP ETF		2014-06-19	2015-08-14
	7267.441 DREIHAUS ACTIVE INCOME FUND		2013-05-24	2015-08-17
	2755.131 FEDERATED ULTRASHORT BOND I		2015-04-24	2015-08-19
	4302.513 VANGUARD INTERMEDIATE-TERM TREASURY FUND ADMIRAL		2014-04-28	2015-08-19
	2197.886 VANGUARD INTERMEDIATE-TERM TREASURY FUND ADMIRAL		2014-10-06	2015-08-19
	190. EBAY INC		2014-06-19	2015-08-27
	190. PAYPAL HOLDINGS INC		2014-06-19	2015-08-27
	181. LENOVO COMPUTER GROUP LTD		2015-08-14	2015-09-02
	274. LENOVO COMPUTER GROUP LTD		2013-09-19	2015-09-02
	573. TELEFONICA BRASIL SA SP ADR		2014-02-10	2015-09-02
	83. COPA HOLDINGS SA CLASS A		2012-12-13	2015-09-02
	44. GAMCO INVESTORS INC		2011-08-16	2015-09-08
	172. SWIFT TRANSPORTATION CO CL A		2015-02-03	2015-09-08
	42. AMERICAN EXPRESS CO		2013-06-27	2015-09-09
	43. TIME WARNER INC NEW		2015-02-03	2015-09-09
	17. TIME WARNER CABLE INC		2011-06-09	2015-09-09
	626. EMC CORP		2013-07-09	2015-09-17
	306. HONG KONG EXCHANGES & CLEARING LTD ADR		2015-02-03	2015-09-17
	300. ISHARES MSCI EAFE ETF		2015-04-08	2015-09-17
	98. METHANEX CORP		2014-06-19	2015-09-17
	69. METHANEX CORP		2015-02-03	2015-09-17
	71. FOSTER LB CO		2013-06-27	2015-09-18
	254. CANADIAN NATURAL RESOURCES		2014-09-15	2015-09-22
	104. CANADIAN NATURAL RESOURCES		2015-02-24	2015-09-22
	176. GRUMA S.A.B. ADR		2015-06-09	2015-09-29
	244. ALLIANZ SE ADR		2012-12-13	2015-10-02
	10. ALPHABET INC CL C		2014-04-01	2015-10-02
	10. ALPHABET INC CL A		2014-04-01	2015-10-02
	100. COGNIZANT TECHNOLOGY SOLUTIONS CORP		2014-09-15	2015-10-02
	183. DIGI INTERNATIONAL INC		2013-04-04	2015-10-02
	504. ENTRAVISION COMMUNICATIONS CORP		2014-09-15	2015-10-02
	74. EXPRESS SCRIPTS HLDG CO		2014-06-19	2015-10-02
	123. GLOBAL BRASS & COPPER HOLDINGS INC		2015-02-03	2015-10-02
	600. ISHARES MSCI EAFE ETF		2015-04-08	2015-10-02
	600. ISHARES RUSSELL MID CAP ETF		2011-06-09	2015-10-02
	200. ISHARES RUSSELL 2000 ETF		2015-04-20	2015-10-02
	31. MAXIMUS INC		2013-07-09	2015-10-02
	114. NIPPON TELEGRAPH & TELEPHONE ADR		2011-06-24	2015-10-02
	202. ROLLINS INC		2011-06-09	2015-10-02
	63. RYANAIR HOLDINGS PLC ADR		2015-02-03	2015-10-02
	1500. SPDR EURO STOXX 50 ETF		2015-04-07	2015-10-02
	22. UNITED FIRE GROUP INC		2015-02-24	2015-10-02
	108. UNITED FIRE GROUP INC		2014-09-15	2015-10-02
	635. VANGUARD LARGE CAP ETF		2014-06-19	2015-10-02
	76. VERISK ANALYTICS INC		2013-07-09	2015-10-02
	2661.465 INVESCO CONVERTIBLE SECURITIES Y		2013-05-24	2015-10-05
	3226.316 DELAWARE CORPORATE BOND I		2014-10-06	2015-10-05
	1730.103 EATON VANCE FLOATING RATE I		2014-04-28	2015-10-05
	1081.539 FIDELITY ADVISOR EMERGING MARKETS INCOME		2014-04-28	2015-10-05
	2682.926 GOLDMAN SACHS INT'L SMALL CAP INSIGHTS I		2014-09-15	2015-10-05
	1236.603 HIGHLAND LONG/SHORT EQUITY FUND CL Z		2011-10-25	2015-10-05
	2677.377 IVY HIGH INCOME I		2012-03-02	2015-10-05
	1480.75 OPPENHEIMER DEVELOPING MARKETS I		2013-04-04	2015-10-05
	1408.451 PIMCO FOREIGN BOND INSTITUTIONAL		2014-04-28	2015-10-05
	103. PROCTER & GAMBLE CO		2011-06-24	2015-10-09
	.368 AT&T INC		2014-06-19	2015-10-16
	157.134 OPPENHEIMER DEVELOPING MARKETS I		2013-04-04	2015-10-26
	82. ANHEUSER-BUSCH INBEV SA/NV SP ADR		2012-12-13	2015-10-27
	860. JULIUS BAER GROUP ADR		2015-06-18	2015-10-27
	88. AMERISOURCEBERGEN CORP		2013-06-27	2015-10-30
	94. APPLE INC		2013-07-09	2015-10-30
	282. KDDI CORP ADR		2014-02-10	2015-10-30
	156. NOVADAQ TECHNOLOGIES ADR		2015-03-18	2015-10-30
	45. OLD DOMINION FREIGHT LINE		2013-04-04	2015-10-30
	45. SUN COMMUNITIES INC		2012-12-13	2015-10-30
	140. VANGUARD LARGE CAP ETF		2014-02-10	2015-10-30
	69. VISA INC		2014-06-19	2015-10-30
	254. WIPRO LTD		2014-09-15	2015-10-30
	38. FOSTER LB CO		2015-07-10	2015-11-03
	60. FOSTER LB CO		2013-06-27	2015-11-03
	184. VARIAN MEDICAL SYSTEMS INC		2013-07-09	2015-11-03
	229. ALLIED WORLD ASSURANCE HOLDINGS LTD		2011-07-27	2015-11-03
	456. COACH INC		2014-09-15	2015-11-09
	40. QUALCOMM INC		2014-09-15	2015-11-19
	92. IPC HEALTHCARE INC		2012-12-13	2015-11-23
	7254.471 HIGHLAND LONG/SHORT EQUITY FUND CL Z		2011-08-26	2015-11-25
	8254.717 ADVISORY RESEARCH MLP & ENERGY INCOME I		2015-07-02	2015-11-25
	128. CUMMINS INC		2013-07-09	2015-12-04
	82. CYTEC INDUSTRIES INC		2012-06-27	2015-12-09
	100. MEDNAX INC		2014-06-19	2015-12-15
	86. NATIONAL-OILWELL INC		2013-07-09	2015-12-23
	433. NATIONAL-OILWELL INC		2015-07-09	2015-12-23
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	17	11	6
b	9,192	15,963	-6,771
c	10,889	9,554	1,335
d	18,028	15,162	2,866
e	14,441	16,299	-1,858
	4,546	5,095	-549
	2,027	3,010	-983
	4,621	3,230	1,391
	18,685	9,514	9,171
	10,635	7,281	3,354
	9,978	10,993	-1,015
	3,367	6,012	-2,645
	11,797	9,239	2,558
	437	681	-244
	3,967	2,276	1,691
	3,847	2,258	1,589
	3,294	3,227	67
	10,904	9,838	1,066
	6,034	3,690	2,344
	3,628	2,934	694
	12,534	11,440	1,094
	15,817	15,202	615
	5,071	3,977	1,094
	5,396	6,667	-1,271
	15,795	10,533	5,262
	5,950	10,667	-4,717
	2,083	3,036	-953
	3,030	4,923	-1,893
	7,332	8,236	-904
	2,911	2,366	545
	4,220	2,712	1,508
	8,072	6,906	1,166
	4,715	2,996	1,719
	6,052	3,095	2,957
	8,786	11,575	-2,789
	3,069	1,027	2,042
	3,851	1,979	1,872
	3,075	1,567	1,508
	1,881	4,668	-2,787
	6,598	6,596	2
	6,870	8,256	-1,386
	5,592	4,807	785
	6,350	8,907	-2,557
	3,730	3,394	336
	3,584	2,103	1,481
	11,162	7,736	3,426
	4,407	3,140	1,267
	11,098	7,833	3,265
	6,792	5,632	1,160
	6,669	6,690	-21
	20,377	21,586	-1,209
	3,037	1,599	1,438
	4,923	3,925	998
	11,284	5,118	6,166
	7,548	4,023	3,525
	4,698	3,025	1,673
	5,454	2,809	2,645
	4,377	2,041	2,336
	13,693	11,743	1,950
	11,737	8,343	3,394
	11,363	5,747	5,616
	4,417	5,473	-1,056
	3,463	6,274	-2,811
	5,338	4,311	1,027
	11,187	5,476	5,711
	8,280	3,914	4,366
	5,146	3,589	1,557
	9,092	6,643	2,449
	4,988	4,350	638
	7,295	9,976	-2,681
	7,229	3,856	3,373
	4,559	2,342	2,217
	10,002	8,044	1,958
	5,384	3,303	2,081
	4,062	10,899	-6,837
	8,298	7,788	510
	6,399	5,023	1,376
	46,419	29,355	17,064
	9,405	8,048	1,357
	4,519	3,087	1,432
	7,163	3,827	3,336
	5,241	2,934	2,307
	8,824	10,979	-2,155
	6,140	3,680	2,460
	6,420	5,932	488
	5,434	4,113	1,321
	4,546	3,564	982
	7,559	7,516	43
	9,514	4,846	4,668
	8,682	10,745	-2,063
	6,142	1,603	4,539
	10,621	7,344	3,277
	10,817	5,123	5,694
	4,708	2,589	2,119
	9,895	5,333	4,562
	5,078	1,778	3,300
	5,273	1,580	3,693
	8,222	8,416	-194
	8,134	6,328	1,806
	6,683	6,389	294
	5,614	4,749	865
	89,268	85,910	3,358
	4,130	4,605	-475
	7,117	5,360	1,757
	4,996	4,249	747
	4,378	1,402	2,976
	4,269	2,050	2,219
	6,235	4,208	2,027
	6,576	5,533	1,043
	3,511	2,981	530
	4,135	2,942	1,193
	4,766	2,631	2,135
	4,105	2,313	1,792
	3,073	3,049	24
	1,061	1,153	-92
	3,885	3,681	204
	7,159	3,869	3,290
	4,155	3,068	1,087
	3,961	3,741	220
	6,537	5,665	872
	4,367	2,540	1,827
	4,643	2,501	2,142
	7,039	4,982	2,057
	6,309	5,353	956
	4,204	2,590	1,614
	7,042	2,976	4,066
	8,368	4,712	3,656
	3,614	978	2,636
	89,259	84,999	4,260
	3,939	4,282	-343
	3,578	2,017	1,561
	6,415	5,259	1,156
	5,553	3,393	2,160
	5,683	4,620	1,063
	3,530	3,131	399
	3,357	2,875	482
	5,985	5,298	687
	3,781	3,865	-84
	4,718	3,410	1,308
	3,923	4,028	-105
	3,939	3,549	390
	8,678	7,630	1,048
	3,781	2,317	1,464
	3,747	1,922	1,825
	4,247	3,535	712
	5,566	4,924	642
	3,639	2,925	714
	7,845	7,982	-137
	12,171	4,924	7,247
	3,646	4,224	-578
	5,108	1,896	3,212
	3,905	1,274	2,631
	4,928	4,643	285
	60,436	58,832	1,604
	3,736	2,404	1,332
	5,125	3,901	1,224
	5,446	5,087	359
	3,673	1,177	2,496
	3,276	2,276	1,000
	3,405	1,980	1,425
	3,190	2,867	323
	5,107	3,783	1,324
	3,860	2,478	1,382
	3,123	2,152	971
	3,091	2,598	493
	3,060	1,584	1,476
	3,374	1,905	1,469
	3,572	2,585	987
	4,748	4,421	327
	4,583	3,541	1,042
	4,858	4,517	341
	3,388	1,869	1,519
	3,129	2,338	791
	5,132	3,393	1,739
	3,512	2,502	1,010
	7,708	7,333	375
	3,465	2,140	1,325
	3,415	2,992	423
	3,305	3,561	-256
	3,497	1,738	1,759
	3,260	874	2,386
	3,263	2,128	1,135
	3,043	2,476	567
	3,612	2,967	645
	4,767	3,739	1,028
	3,073	2,347	726
	3,146	2,791	355
	3,595	2,976	619
	3,664	2,847	817
	3,189	3,346	-157
	4,977	2,700	2,277
	5,850	3,878	1,972
	3,340	3,041	299
	3,052	2,953	99
	6,746	6,317	429
	11,961	12,328	-367
	5,719	5,910	-191
	4,881	4,978	-97
	7,351	7,778	-427
	7,649	7,776	-127
	6,081	6,546	-465
	10,810	9,758	1,052
	8,807	8,855	-48
	3,646	2,458	1,188
	3,177	2,185	992
	7,287	4,837	2,450
	1,987	1,887	100
	3,582	1,797	1,785
	2,857	3,451	-594
	2,903	3,000	-97
	3,013	2,768	245
	2,729	2,363	366
	4,439	3,579	860
	2,794	2,672	122
	4,524	3,391	1,133
	2,820	2,154	666
	2,916	3,012	-96
	2,740	1,796	944
	2,664	2,570	94
	2,937	1,914	1,023
	4,178	2,623	1,555
	4,352	3,693	659
	4,328	4,473	-145
	2,742	2,624	118
	4,141	2,881	1,260
	4,206	2,494	1,712
	4,276	4,360	-84
	2,633	2,362	271
	2,631	2,441	190
	2,387	1,452	935
	2,610	1,662	948
	2,692	2,691	1
	2,580	1,347	1,233
	4,160	2,375	1,785
	5,015	4,697	318
	3,897	3,266	631
	2,818	3,506	-688
	2,477	824	1,653
	8,814	9,274	-460
	5,281	2,880	2,401
	9,197	7,856	1,341
	6,580	2,903	3,677
	35	37	-2
	7,309	8,798	-1,489
	4,461	5,280	-819
	100,000	89,412	10,588
	2,703	2,525	178
	974	853	121
	2,079	712	1,367
	10,496	3,531	6,965
	14,497	13,094	1,403
	13	10	3
	4,080	6,627	-2,547
	51,058	31,659	19,399
	5,165	3,672	1,493
	3,738	2,161	1,577
	96,028	90,190	5,838
	75,000	76,952	-1,952
	25,099	25,182	-83
	49,307	48,188	1,119
	25,188	24,836	352
	5,112	3,968	1,144
	6,365	5,460	905
	2,799	3,408	-609
	4,237	5,806	-1,569
	6,097	13,369	-7,272
	4,122	8,004	-3,882
	2,427	1,902	525
	3,340	4,462	-1,122
	3,195	3,158	37
	3,090	3,432	-342
	3,240	1,273	1,967
	15,447	15,282	165
	7,326	7,111	215
	18,012	19,862	-1,850
	3,735	6,017	-2,282
	2,629	3,384	-755
	1,011	3,193	-2,182
	5,148	10,437	-5,289
	2,108	3,132	-1,024
	9,460	9,202	258
	3,809	3,318	491
	6,069	4,841	1,228
	6,378	4,870	1,508
	6,151	4,250	1,901
	2,089	2,388	-299
	3,259	2,514	745
	5,986	4,971	1,015
	2,509	1,700	809
	34,633	39,724	-5,091
	92,771	63,318	29,453
	21,602	25,176	-3,574
	1,801	681	1,120
	3,989	2,671	1,318
	5,327	2,576	2,751
	4,871	4,100	771
	50,864	60,209	-9,345
	741	640	101
	3,638	3,103	535
	55,682	54,777	905
	5,956	4,676	1,280
	61,400	56,319	5,081
	18,390	19,551	-1,161
	15,000	15,871	-871
	13,768	14,904	-1,136
	27,500	28,010	-510
	15,000	13,401	1,599
	20,000	22,249	-2,249
	45,000	51,493	-6,493
	15,000	15,155	-155
	7,669	6,465	1,204
	12	13	-1
	5,000	5,431	-431
	9,651	6,231	3,420
	8,348	9,328	-980
	8,620	4,853	3,767
	11,278	5,660	5,618
	3,390	2,557	833
	2,019	2,220	-201
	2,776	1,640	1,136
	3,036	1,738	1,298
	13,377	11,591	1,786
	5,387	3,622	1,765
	3,155	2,980	175
	614	1,325	-711
	969	2,627	-1,658
	14,425	12,183	2,242
	8,261	4,507	3,754
	14,364	22,907	-8,543
	1,957	3,007	-1,050
	7,383	3,814	3,569
	88,359	77,188	11,171
	76,026	105,000	-28,974
	11,828	14,008	-2,180
	6,171	2,286	3,885
	7,038	5,530	1,508
	3,011	5,654	-2,643
	15,160	25,095	-9,935
			1,507

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			6
b			-6,771
c			1,335
d			2,866
e			-1,858
			-549
			-983
			1,391
			9,171
			3,354
			-1,015
			-2,645
			2,558
			-244
			1,691
			1,589
			67
			1,066
			2,344
			694
			1,094
			615
			1,094
			-1,271
			5,262
			-4,717
			-953
			-1,893
			-904
			545
			1,508
			1,166
			1,719
			2,957
			-2,789
			2,042
			1,872
			1,508
			-2,787
			2
			-1,386
			785
			-2,557
			336
			1,481
			3,426
			1,267
			3,265
			1,160
			-21
			-1,209
			1,438
			998
			6,166
			3,525
			1,673
			2,645
			2,336
			1,950
			3,394
			5,616
			-1,056
			-2,811
			1,027
			5,711
			4,366
			1,557
			2,449
			638
			-2,681
			3,373
			2,217
			1,958
			2,081
			-6,837
			510
			1,376
			17,064
			1,357
			1,432
			3,336
			2,307
			-2,155
			2,460
			488
			1,321
			982
			43
			4,668
			-2,063
			4,539
			3,277
			5,694
			2,119
			4,562
			3,300
			3,693
			-194
			1,806
			294
			865
			3,358
			-475
			1,757
			747
			2,976
			2,219
			2,027
			1,043
			530
			1,193
			2,135
			1,792
			24
			-92
			204
			3,290
			1,087
			220
			872
			1,827
			2,142
			2,057
			956
			1,614
			4,066
			3,656
			2,636
			4,260
			-343
			1,561
			1,156
			2,160
			1,063
			399
			482
			687
			-84
			1,308
			-105
			390
			1,048
			1,464
			1,825
			712
			642
			714
			-137
			7,247
			-578
			3,212
			2,631
			285
			1,604
			1,332
			1,224
			359
			2,496
			1,000
			1,425
			323
			1,324
			1,382
			971
			493
			1,476
			1,469
			987
			327
			1,042
			341
			1,519
			791
			1,739
			1,010
			375
			1,325
			423
			-256
			1,759
			2,386
			1,135
			567
			645
			1,028
			726
			355
			619
			817
			-157
			2,277
			1,972
			299
			99
			429
			-367
			-191
			-97
			-427
			-127
			-465
			1,052
			-48
			1,188
			992
			2,450
			100
			1,785
			-594
			-97
			245
			366
			860
			122
			1,133
			666
			-96
			944
			94
			1,023
			1,555
			659
			-145
			118
			1,260
			1,712
			-84
			271
			190
			935
			948
			1
			1,233
			1,785
			318
			631
			-688
			1,653
			-460
			2,401
			1,341
			3,677
			-2
			-1,489
			-819
			10,588
			178
			121
			1,367
			6,965
			1,403
			3
			-2,547
			19,399
			1,493
			1,577
			5,838
			-1,952
			-83
			1,119
			352
			1,144
			905
			-609
			-1,569
			-7,272
			-3,882
			525
			-1,122
			37
			-342
			1,967
			165
			215
			-1,850
			-2,282
			-755
			-2,182
			-5,289
			-1,024
			258
			491
			1,228
			1,508
			1,901
			-299
			745
			1,015
			809
			-5,091
			29,453
			-3,574
			1,120
			1,318
			2,751
			771
			-9,345
			101
			535
			905
			1,280
			5,081
			-1,161
			-871
			-1,136
			-510
			1,599
			-2,249
			-6,493
			-155
			1,204
			-1
			-431
			3,420
			-980
			3,767
			5,618
			833
			-201
			1,136
			1,298
			1,786
			1,765
			175
			-711
			-1,658
			2,242
			3,754
			-8,543
			-1,050
			3,569
			11,171
			-28,974
			-2,180
			3,885
			1,508
			-2,643
			-9,935

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	314,399
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

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? Yes No

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))
2014	462,594	5,374,068	0.086079
2013	509,402	5,233,779	0.09733
2012	349,732	4,140,950	0.084457
2011	207,434	2,648,438	0.078323
2010	68,419	751,357	0.091061

Total of line 1, column (d) .....................

20.43725

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 . . .

0.08745

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

4,947,333

Multiply line 4 by line 3......................

432,644

Enter 1% of net investment income (1% of Part I, line 27b)...........

3,645

Add lines 5 and 6........................

436,289

Enter qualifying distributions from Part XII, line 4.............

545,614

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 (2015)

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	Exempt operating foundations described in section 4940(d)(2), check here and 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	3,645
	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	3,645
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	3,645
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	6,524
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	6,524
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,879
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax2,879	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

Trust Point Inc Telephone no. bullet

(608) 782-1148

Located at bullet

230 FRONT STREET NORTHLA CROSSEWI ZIP+4 bullet

54601

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2015, 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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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 2015?.............

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)):

At the end of tax year 2015, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2015?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2015 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 2015.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2015?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2015)

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-)
HARRY J DAHL	PRESIDENT 1	0
PO BOX 788 LA CROSSE,WI54602	PRESIDENT 1	0
ANDREW DAHL	VICE-PRESIDENT 1	0
1511 MAIN STREET LA CROSSE,WI54601	VICE-PRESIDENT 1	0
JANSEN C DAHL	SECRETARY 1	0
208 17TH PLACE SOUTH LA CROSSE,WI54601	SECRETARY 1	0
TYLER DAHL	TREASURER 1	0
1634 KING STREET LA CROSSE,WI54601	TREASURER 1	0
TRUST POINT INC	AGENT 1	28,434
230 FRONT STREET NORTH LA CROSSE,WI54601	AGENT 1	28,434

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

Total number of others receiving over $50,000 for professional services............. bullet

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

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	NONE
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2015)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

5,022,673

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

5,022,673

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

5,022,673

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

75,340

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

4,947,333

Minimum investment return. Enter 5% of line 5..................

247,367

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

247,367

Tax on investment income for 2015 from Part VI, line 5......

3,645

Income tax for 2015. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

3,645

Distributable amount before adjustments. Subtract line 2c from line 1............

243,722

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

243,722

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

243,722

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

545,614

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

545,614

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).................

3,645

Adjusted qualifying distributions. Subtract line 5 from line 4..............

541,969

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 (2015)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2014	(c) 2014	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7					243,722
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2015:
a From 2010......	31,015
b From 2011......	76,683
c From 2012......	150,147
d From 2013......	255,751
e From 2014......	200,414
fTotal of lines 3a through e........		714,010
4Qualifying distributions for 2015 from Part
XII, line 4: $ 545,614
a Applied to 2014, 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 2015 distributable amount.....					243,722
e Remaining amount distributed out of corpus		301,892
5 Excess distributions carryover applied to 2015.		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		1,015,902
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 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					0
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 2010 not applied on line 5 or line 7 (see instructions) ...		31,015
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		984,887
10 Analysis of line 9:
a Excess from 2011....	76,683
b Excess from 2012....	150,147
c Excess from 2013....	255,751
d Excess from 2014....	200,414
e Excess from 2015....	301,892

Form 990-PF (2015)

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 2015, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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) 2015	(b) 2014	(c) 2013	(d) 2012	(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

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).)

HARRY DAHL ANDREW DAHL JANSEN DAH

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2015)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
JUNIOR ACHIEVEMENT 505 DEWEY STREET SOUTH EAU CLAIRE,WI54701	NONE	PUBLIC	HERO'S CAMPAIGN 2015	500
MISSISSIPPI VALLEY CONSERVANCY PO BOX 2611 LA CROSSE,WI54602	NONE	PUBLIC	ENVIRONMENTAL	3,000
GUNDERSEN MEDICAL FOUNDATION 1836 SOUTH AVENUE LA CROSSE,WI54601	NONE	PUBLIC	HEALTH	45,000
WATDA FOUNDATION PO BOX 5345 MADISON,WI53705	NONE	PUBLIC	EDUCATION	1,000
LA CROSSE PUBLIC EDUCATION FOUNDATION PO BOX 1811 LA CROSSE,WI54602	NONE	PUBLIC	ADVANCEMENT VIA INDIVIDUAL	5,000
VESTERHEIM 523 W WATER ST DECORAH,IA52101	NONE	PUBLIC	ANNUAL OPERATING EXPENSES	5,000
BETHANY LUTHERAN HOMES OF LA CROSSE 2575 SOUTH 7TH STREET LA CROSSE,WI54601	NONE	PUBLIC	EAGLE CREST SOUTH CAMPAIGN	5,000
LA CROSSE COMMUNITY THEATRE 428 FRONT STREET SOUTH LA CROSSE,WI54601	NONE	PUBLIC	ARTS	104,000
FAMILY & CHILDREN'S CENTER 1707 MAIN STREET LA CROSSE,WI54601	NONE	PUBLIC	HUMANITARIAN	25,000
VITERBO UNIVERSITY 900 VITERBO DR LA CROSSE,WI54601	NONE	PUBLIC	BROPHY CENTER RENOVATION	70,000
WINONA ORC 1053 E MARK ST WINONA,WI55987	NONE	PUBLIC	WINONA LAUNDRY CAPITAL	8,000
YMCA 1140 MAIN ST LA CROSSE,WI54601	NONE	PUBLIC	CAPITAL CAMPAIGN	170,000
UFAH 119 KING ST LA CROSSE,WI54601	NONE	PUBLIC	ANNUAL FUNDRAISING CAMPAIGN	1,000
UNIVERSITY OF WISCONSIN-LA CROSSE ATHLETICS 126 MITCHELL HALL LA CROSSE,WI54601	NONE	PUBLIC	SPONSORSHIP FEE	5,300
AMERICAN HEART ASSOCIATION 4701 W 77TH ST EDINA,WI55435	NONE	PUBLIC	GO RED FOR WOMEN LUNCHEON	1,500
LA CROSSE SYMPHONY ORCHESTRA 201 MAIN ST SUITE 230 LA CROSSE,WI54601	NONE	PUBLIC	SEASON SPONSORSHIP	10,000
TRI-QUEST PO BOX 171 LA CROSSE,WI54602	NONE	PUBLIC	2015 SPONSORSHIP	500
UW-L FOUNDATION 918 28TH STREET SOUTH LA CROSSE,WI54601	NONE	PUBLIC	FREEDOM FEST, JAZZ IN THE	36,000
WINONA COMMUNITY FOUNDATION 51 EAST 4TH STREET SUITE 314 WINONA,MN55987	NONE	PUBLIC	DAHL AUTO FUND & MORRIE	5,000
ALSACST JUDE 7301 OHMS LANE SUITE 310 EDINA,MN55439	NONE	PUBLIC	RADIOTHON	2,500
BLUE STARS DRUM & BUGLE CORP PO BOX 2523 LA CROSSE,WI54602	NONE	PUBLIC	TRAILER PROJECT FUND	2,500
GREAT RIVER SHAKESPEARE FESTIVAL 79 E THIRD ST WINONA,MN55987	NONE	PUBLIC	ARTS	5,000
SALVATION ARMY 223 N 8TH ST LA CROSSE,WI54601	NONE	PUBLIC	2015 ANNUAL CIVIC EVENT	1,000
LOGAN ALUMNI ASSOCIATION 1500 RANGER DR LA CROSSE,WI54603	NONE	PUBLIC	2015 LOGAN RANGER RALLY	1,500
FRIENDS OF COULEE REGION RSVP INC 2920 EAST AVENUE SOUTH SUITE 104 LA CROSSE,WI54601	NONE	PUBLIC	SMARTER THAN A 5TH GRADER	1,000
GATEWAY AREA COUNCIL BOY SCOUTS OF AMERICA 2600 QUARRY RD LA CROSSE,WI54601	NONE	PUBLIC	LOCAL BOY SCOUTS PROGRAM	25,000
UNITED WAY OF LA CROSSE AREA 1855 E MAIN ST ONALASKA,WI54650	NONE	PUBLIC	BOY SCOUTS	5,000
Total ................................. 3a				544,300

bApproved for future payment

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

Form 990-PF (2015)

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	(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 ...........
4 Dividends and interest from securities....			14	104,048
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 ............			18	314,399
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				418,447

13Total. Add line 12, columns (b), (d), and (e)..................

13418,447

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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 (2015)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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 organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE -	10	0		10
OTHER NON-ALLOCABLE EXPENSE -	304	0		304

Category	Amount	Net Investment Income
FOREIGN TAX PAID	1,405	1,405
FEDERAL TAX PAYMENT - PRIOR YE	2,503	2,503
FEDERAL ESTIMATES - PRINCIPAL	6,524	6,524
FOREIGN TAXES ON QUALIFIED FOR	812	812
FOREIGN TAXES ON NONQUALIFIED	173	173