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
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 06-01-2015 , and ending 05-31-2016
Name of foundation
WILLIAM T EVJUE CHARITABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)1901 FISH HATCHERY ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MADISON, WI53713
A Employer identification number

23-7129606
B Telephone number (see instructions)

(608) 252-6401
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$31,663,373J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 743 743  
4 Dividends and interest from securities... 1,483,415 1,483,415  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -509,646
b Gross sales price for all assets on line 6a 2,895,648
7 Capital gain net income (from Part IV, line 2)... 0
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).......      
12 Total. Add lines 1 through 11........ 974,512 1,484,158 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 180,000 135,000 0 45,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,320 0 0 1,320
b Accounting fees (attach schedule)....... Click to see attachment 8,100 0 0 8,100
c Other professional fees (attach schedule).... Click to see attachment 47,174 47,174 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 24,342 11,437 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 598 0 0 598
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 261,534 193,611 0 55,018
25 Contributions, gifts, grants paid....... 1,586,433 1,586,433
26 Total expenses and disbursements. Add lines 24 and 25 1,847,967 193,611 0 1,641,451
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -873,455
b Net investment income (if negative, enter -0-) 1,290,547
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 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.............      
2 Savings and temporary cash investments......... 841,884 696,850 696,850
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   14,295 14,295
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,602,156 Click to see attachment10,148,796 29,305,838
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).......... 1,318,222 Click to see attachment1,365,398 1,646,390
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,762,262 12,225,339 31,663,373
Liabilities 17 Accounts payable and accrued expenses.......... 1,089  
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)......... 1,089 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 11,761,173 12,225,339
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
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)..... 11,761,173 12,225,339
31 Total liabilities and net assets/fund balances (see instructions). 11,762,262 12,225,339
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
11,761,173
2
Enter amount from Part I, line 27a .....................
2
-873,455
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,337,621
4
Add lines 1, 2, and 3 ..........................
4
12,225,339
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
12,225,339
Form 990-PF (2015)
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 Publicly Traded Securities      
b Publicly Traded Securities      
c
d
e
(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 1,969,540   2,289,645 -320,105
b 926,108   1,115,649 -189,541
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -320,105
b       -189,541
c
d
e
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 -509,646
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 -320,105
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))
2014 1,523,075 33,327,416 0.045700
2013 1,431,017 30,953,838 0.046231
2012 1,357,100 29,079,906 0.046668
2011 1,337,615 27,522,705 0.048600
2010 1,051,654 27,121,618 0.038775
2
Total of line 1, column (d) .....................
20.225974
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
0.045195
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
31,394,102
5
Multiply line 4 by line 3......................
5
1,418,856
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
12,905
7
Add lines 5 and 6........................
7
1,431,761
8
Enter qualifying distributions from Part XII, line 4.............
8
1,641,451
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)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 12,905
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 12,905
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 12,905
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 27,200
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 27,200
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 14,295
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet14,295 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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletN/A
    14
    The books are in care ofbulletMR CLAYTON FRINK Telephone no.bullet (608) 252-6401

    Located atbullet1901 FISH HATCHERY ROADMADISONWI ZIP+4bullet53713
    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 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
    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
     
    No
    ........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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 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.)..................
    3b
     
    No
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 (2015)
    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-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JOHN LUSSIER TRUSTEE
    1.00     		36,000 0 0
    1901 FISH HATCHERY ROAD
    MADISON,WI53713
    NANCY B GAGE TRUSTEE
    1.00     		36,000 0 0
    1901 FISH HATCHERY ROAD
    MADISON,WI53713
    CLAYTON FRINK TRUSTEE
    2.00     		36,000 0 0
    1901 FISH HATCHERY ROAD
    MADISON,WI53713
    DAVE ZWEIFEL TRUSTEE
    2.00     		36,000 0 0
    1901 FISH HATCHERY ROAD
    MADISON,WI53713
    BRADY WILLIAMSON TRUSTEE
    1.00     		36,000 0 0
    1901 FISH HATCHERY ROAD
    MADISON,WI53713
    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  
    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
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    19,779,309
    b
    Average of monthly cash balances.......................
    1b
    1,224,311
    c
    Fair market value of all other assets (see instructions)................
    1c
    10,868,565
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,872,185
    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
    31,872,185
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    478,083
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    31,394,102
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,569,705
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,569,705
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    12,905
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,905
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,556,800
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,556,800
    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
    1,556,800
    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
    1,641,451
    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
    1,641,451
    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
    12,905
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,628,546
    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)
    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 1,556,800
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 1,586,433
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,641,451
    a Applied to 2014, but not more than line 2a 1,586,433
    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..... 55,018
    e Remaining amount distributed out of corpus 0
    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 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 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 ..........     		1,501,782
    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) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    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 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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).)
    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 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)
    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)
    aPaid during the year
    THE EVJUE FOUNDATION INC
    1901 FISH HATCHERY ROAD
    MADISON,WI53713     		FOUR EVJUE TRUST TRUSTEES ARE FOUNDATION DIRECTORS PC TO BE USED FOR GRANTS TO ELIGIBLE ORGANIZATIONS 1,585,183
    THE EVJUE FOUNDATION INC
    1901 FISH HATCHERY ROAD
    MADISON,WI53713     		FOUR EVJUE TRUST TRUSTEES ARE FOUNDATION DIRECTORS PC TO BE USED FOR GRANTS TO ELIGIBLE ORGANIZATIONS 1,250
    Total .................................bullet 3a 1,586,433
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    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
    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 ...........     		    14 743  
    4 Dividends and interest from securities....     14 1,483,415  
    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 -509,646  
    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).. 0 974,512 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13974,512
    (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 (2015)
    Form 990-PF (2015)
    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 organizations?
    Yes
    No
    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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    WILLIAM T EVJUE CHARITABLE TRUST
    EIN:
    23-7129606
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 8,100 0 0 8,100

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    WILLIAM T EVJUE CHARITABLE TRUST
    EIN:
    23-7129606
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Automatic Data Processing 61,805 64,035
    C.H. Robinson Worldwide 0 0
    Cummins Inc. 0 0
    Dover Corp 63,654 67,150
    Exxon Mobil Corp 0 0
    Johnson and Johnson 58,700 65,360
    Linear Technology Corp 0 0
    Microsoft Corp 63,352 69,377
    Norfolk Southern Corp 0 0
    Parker Hannifin Corp 54,934 66,148
    Paychex Inc 0 0
    Proctor & Gamble Co 66,798 65,075
    Qualcomm Inc 62,538 70,957
    Raytheon Co Delaware New 58,261 67,558
    Target Corp 66,239 56,262
    Tiffany & Co 61,476 57,933
    Union Pacific Corp 58,163 64,069
    VF Corporation 65,480 62,507
    United Techs Corp 0 0
    Wal-Mart Stores Inc 58,289 67,595
    3M Company 60,821 65,813
    Alphabet Inc 20,954 22,466
    Amazon Com Inc 14,578 26,020
    American Wtr Wks Co Inc 17,131 23,193
    Biogen Inc 24,915 24,917
    Booz Allen Hamilton Hldg 19,722 21,367
    Bright Horizons Family Solutions Inc 22,450 21,705
    Cyber-ark Software LTD 24,650 26,344
    Borg Warner Inc 0 0
    Cepheid Inc Calif 0 0
    Cummins Inc 0 0
    Ecolab Inc 22,554 23,448
    Facebook Inc 21,363 23,762
    Fitbit Inc 42,707 23,071
    Fireeye Inc 0 0
    General Electric 29,284 31,228
    Greenbrier Cos Inc 27,328 23,649
    Golar Lng Limited 0 0
    Grubhub Inc 0 0
    GW Pharmaceuticals PLC 28,406 29,053
    Hain Celestial Group Inc 31,468 26,846
    Halliburton Company 26,386 26,152
    Idexx Lab Inc 0 0
    Illumina Inc 31,216 25,780
    Intuitive Surgical Inc 22,257 25,388
    Kroger Co 14,963 15,699
    Match Group Inc. 15,577 15,890
    Lifelock Inc 0 0
    Monsanto Co New Del 0 0
    Netflix Com Inc 23,078 22,463
    NRG Yield Inc CL A 10,566 11,426
    Nvidia 22,705 29,574
    NXP Semiconductors N.V. 26,787 27,024
    Radius Health Inc 15,043 12,437
    Range Resources Corp 24,274 31,006
    Regeneron Pharmactcls 34,483 30,718
    Republic Services Inc 15,160 15,353
    Rockwell Automation Inc 0 0
    Sabra Health Care Reit 27,930 20,961
    Solarcity Corp 20,897 10,389
    Splunk Inc 25,228 25,565
    Stratasys Ltd 0 0
    Sunedison Inc 0 0
    SVB Finl Group 26,796 23,913
    The Priceline Group Inc 15,520 17,701
    Voya Finl Inc 15,688 16,134
    Vulcan Materials Co 18,980 24,517
    Twitter Inc 0 0
    US Silica Hldgs Inc 0 0
    Under Armour Inc 23,493 20,829
    VMWARE Inc 0 0
    Alliant Energy 160,833 741,000
    Altria Group Inc. 27,384 940,790
    AT&T 95,927 966,496
    BP PLC 0 0
    Bristol Meyers 152,150 860,400
    Coca-Cola Company 26,872 1,163,480
    El DuPont DeNemours & Co. 74,036 784,920
    Exxon Mobil 84,610 1,362,362
    General Electric 85,564 725,520
    JP Morgan Chase & Co. 204,890 391,620
    Madison Gas & Electric 82,757 310,852
    McDonalds Corp. 23,681 1,179,588
    Pfizer Inc. 465,998 755,072
    Philip Morris Intl. Inc. 39,277 918,217
    Royal Dutch Shell 97,629 775,840
    Verizon Communications 183,036 904,798
    AIA Group LTD 17,710 19,849
    AKZO Nobel 13,195 14,890
    Alibaba Group Holding LT 16,089 18,614
    ASSA Abloy AB 14,992 16,081
    Banco Bilbao Vizcaya 15,415 15,917
    Barclays PLC 9,283 8,961
    BASF SE 15,573 16,083
    Bayerische Motorenwerke 16,074 16,616
    Allegion PLC 0 0
    AXA 0 0
    BHP Billiton 18,387 11,570
    BOC Hong Kong Hldgs 12,930 12,786
    Brambles LTD 17,493 18,092
    Brenntag AG 11,622 10,618
    Bridgestone Corp 18,996 18,038
    Burberry Group PLC 14,660 12,758
    British AMN 0 0
    Brookfield Asset Mgmt 0 0
    Canadian Natl 0 0
    Canadian Natural Res 0 0
    Canadian Pacific Railway 12,392 11,274
    Capita PLC 14,876 15,321
    Carnival PLC 9,454 9,253
    Check Point Software Tech 22,745 22,772
    Continental AG 12,029 12,733
    Core Lab 0 0
    Danone 14,641 14,624
    Diageo 15,200 17,897
    DNB ASA 7,159 7,804
    Eaton Corp PLC 0 0
    Ensco PLC 0 0
    Ensign Energy Svcs Inc 0 0
    Essilor Intl SA 8,802 9,560
    Finning Intl 0 0
    Fresenius Medical Care 18,296 18,419
    GEA Group AG 15,577 15,760
    GlaxoSmithKline PLC 16,041 17,117
    HDFC Bank LTD 12,311 14,674
    Heidelberg Cement 11,605 13,304
    Ingersoll Rand 0 0
    Intesa Sanpaolo 11,590 11,668
    Jardine Strategic UNSP 15,046 14,956
    JD COM Inc 11,946 11,370
    Kasikornbank PCL 11,808 11,627
    KBC Groupe SA 9,874 10,874
    KDDI Corp 17,002 19,284
    Kerry Group 16,734 16,925
    Kubota Corp 15,631 17,563
    Lloyds Banking Group 15,817 16,324
    Manulife Financial 0 0
    Nabors Industries 0 0
    Nestle 17,771 25,200
    Noble Corporation 0 0
    Novartis 0 0
    Paragon Offshore PLC 0 0
    Partnerre 0 0
    Potash Corp 0 0
    Rio Tinto 0 0
    Orix Corp 12,439 12,681
    Otsuka Holdings Co LTD 15,253 17,129
    Prudential PLC 14,472 16,545
    Reckitt Benckiser Group 16,819 18,200
    Roche Hldg LTD 25,975 26,238
    Royal Dutch Shell 19,290 20,123
    SAP SE 24,624 25,699
    Schneider Electric 12,981 14,008
    Sekisui Hse LD 13,912 14,616
    Statoil ASA 12,184 13,175
    Sumitomo Mitsui 16,364 18,266
    Suntory Beverage and Food 13,373 14,202
    SwissCom 12,843 12,308
    Taiwan S Manufacturing 24,833 25,610
    Telefoncia Brasil 4,558 4,435
    TEVA Pharmaceutical 17,541 15,872
    Toronto Dominion Bank 15,937 17,702
    UCB Unspond 13,673 12,257
    Vodafone Group PLC 19,711 21,822
    WPP PLC 8,889 9,622
    Schlumberger 0 0
    South32 Ltd 0 0
    Suncore Energy 0 0
    Teck Cominco 0 0
    Tenaris 0 0
    UBS AG 0 0
    Unilever 0 0
    Vale 0 0
    Weatherford 0 0
    Yara 0 0
    Columbia Seligman 909,322 1,021,909
    Eaton Vance Richard Bernstein 1,033,289 1,025,415
    INVESCO Balanced Risk 1,607,086 1,452,607
    INVESCO European Small 200,000 201,382
    PIMCO All Asset 0 0
    Westwood Income 300,000 305,455
    WisdomTree Trust Japan 550,214 419,808
    WisdomTree Europe Hedged 550,064 445,518
    The Capital Times Company Stock 666,693 9,049,276

    TY 2015 InvestmentsOtherSchedule2
    Name:
    WILLIAM T EVJUE CHARITABLE TRUST
    EIN:
    23-7129606
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OZDPII Access LLC AT COST 1,100,000 1,364,420
    PMF Fund, LP (The Endowment Fund) AT COST 265,398 281,970

    TY 2015 LegalFeesSchedule
    Name:
    WILLIAM T EVJUE CHARITABLE TRUST
    EIN:
    23-7129606
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,320 0 0 1,320


    TY 2015 OtherExpensesSchedule
    Name:
    WILLIAM T EVJUE CHARITABLE TRUST
    EIN:
    23-7129606
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS EXPENSES 598 0 0 598


    TY 2015 OtherIncreasesSchedule
    Name:
    WILLIAM T EVJUE CHARITABLE TRUST
    EIN:
    23-7129606
    Description Amount
    DIFFERENCE BETWEEN FMV & BOOK VALUE OF CONTRIBUTED STOCK TO EVJUE FOUNDATION 1,337,621


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    WILLIAM T EVJUE CHARITABLE TRUST
    EIN:
    23-7129606
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VALUATION FEES 6,500 6,500 0 0
    CONSULTING FEES 40,674 40,674 0 0


    TY 2015 TaxesSchedule
    Name:
    WILLIAM T EVJUE CHARITABLE TRUST
    EIN:
    23-7129606
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 12,905 0 0 0
    FOREIGN DIVIDEND TAX 11,437 11,437 0 0