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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 10-01-2017 , and ending 09-30-2018
Name of foundation
WALLACE W AND R CRIP CH FUND TUW
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

35-6356155
B Telephone number (see instructions)

(765) 965-2283
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$1,473,495J 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.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 37,094 36,622  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 73,301
b Gross sales price for all assets on line 6a 587,093
7 Capital gain net income (from Part IV, line 2)... 73,301
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........ 110,395 109,923  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 21,787 19,608   2,179
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).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,950 736   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 24,737 20,344 0 2,179
25 Contributions, gifts, grants paid....... 84,688 84,688
26 Total expenses and disbursements. Add lines 24 and 25 109,425 20,344 0 86,867
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 970
b Net investment income (if negative, enter -0-) 89,579
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 269    
2 Savings and temporary cash investments......... 37,695 56,126 56,126
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 1,081,988 Click to see attachment897,378 1,037,687
c Investments—corporate bonds (attach schedule)....... 107,228 Click to see attachment389,803 379,682
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 117,469   0
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) 1,344,649 1,343,307 1,473,495
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,344,649 1,343,307
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,344,649 1,343,307
30 Total liabilities and net assets/fund balances (see instructions). 1,344,649 1,343,307
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,344,649
2
Enter amount from Part I, line 27a .....................
2
970
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,345,619
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,312
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,343,307
Form 990-PF (2019)
Form 990-PF (2019)
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 230. STARBUCKS CORP   2016-09-02 2017-11-10
b 130. LYONDELLBASELL INDUSTRIES CL A   2017-06-02 2017-11-10
c 1. BANK OF AMERICA CLASS ACTION PROCEEDS   1911-11-11 2017-12-12
d 240. ATT INC   2017-04-05 2018-01-26
e 290. ATT INC   2015-07-30 2018-01-26
280. CANADIAN NATURAL RESOURCES LTD   2016-09-02 2018-01-26
650.195 CAUSEWAY EMERGING MARKETS INSTL   2015-07-15 2018-01-26
330. MAGNA INTL INC CL A     2018-01-26
340. PFIZER INC   2017-07-05 2018-01-26
90. S P GLOBAL INC     2018-01-26
421.09 CAMBIAR INTL EQUITY FUND INS   2015-11-18 2018-03-07
400. CANADIAN NATURAL RESOURCES LTD     2018-03-07
4048.647 LOOMIS SAYLES STRATEGIC ALPHA FUND Y     2018-03-07
1016.26 LOOMIS SAYLES STRATEGIC ALPHA FUND Y   2015-06-30 2018-03-07
50000. GEORGIA PWR CO 5.400% 6/01/18   2015-06-15 2018-04-27
160. ABBVIE INC   2016-09-02 2018-05-29
370. HORMEL FOODS CORPORATIONCOM   2017-04-05 2018-05-29
1334.673 LOOMIS SAYLES STRATEGIC ALPHA FUND Y   2018-02-06 2018-05-29
40. TRANSDIGM GROUP INC   2017-02-28 2018-05-29
200. VERIZON COMMUNICATIONS   1995-05-04 2018-05-29
300. CVS CORP COM     2018-06-18
90. ECOLAB INC   2018-03-07 2018-06-18
1. AMERICAN INTL GROUP INC   1911-11-11 2018-07-02
50. MASTERCARD INC   2016-09-02 2018-07-25
40. RAYTHEON COMPANY   2015-07-30 2018-07-25
30. HOME DEPOT INC   2017-07-20 2018-07-27
43. PNC FINL SVCS GROUP INC COM W/RIGHTS ATTACHED EXP 5/25/2010   2016-09-07 2018-07-27
50. APPLE COMPUTER INC COM   2006-05-04 2018-08-30
130. GILEAD SCIENCES INC COM   2018-01-26 2018-08-30
150. GILEAD SCIENCES INC COM   2017-07-05 2018-08-30
130. J P MORGAN CHASE & CO   2015-07-07 2018-08-30
30. BOEING CO   2018-08-30 2018-09-24
70. ECOLAB INC   2018-08-30 2018-09-24
1137.533 T ROWE PRICE INTL GRINC FD   2018-03-07 2018-09-24
7037.344 T ROWE PRICE INTL GRINC FD     2018-09-24
90. ACCENTURE PLC CL A   2017-02-28 2018-09-24
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 13,064   12,926 138
b 13,568   10,524 3,044
c 24     24
d 8,976   9,988 -1,012
e 10,846   10,083 763
10,095   8,917 1,178
10,143   7,549 2,594
19,341   14,639 4,702
13,022   11,424 1,598
16,471   11,733 4,738
11,980   10,477 1,503
12,277   11,661 616
40,325   40,000 325
10,122   10,051 71
50,161   55,415 -5,254
15,902   10,310 5,592
13,435   12,876 559
13,307   13,280 27
13,309   9,401 3,908
9,568   5,058 4,510
20,304   28,651 -8,347
13,044   11,935 1,109
14     14
10,671   4,884 5,787
7,861   4,363 3,498
5,944   4,405 1,539
6,152   3,872 2,280
11,168   510 10,658
9,839   9,839  
11,352   10,629 723
15,043   8,606 6,437
11,085   10,494 591
11,043   10,540 503
16,426   17,120 -694
101,619   100,600 1,019
15,559   11,032 4,527
      14,033
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       138
b       3,044
c       24
d       -1,012
e       763
      1,178
      2,594
      4,702
      1,598
      4,738
      1,503
      616
      325
      71
      -5,254
      5,592
      559
      27
      3,908
      4,510
      -8,347
      1,109
      14
      5,787
      3,498
      1,539
      2,280
      10,658
       
      723
      6,437
      591
      503
      -694
      1,019
      4,527
       
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 73,301
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 84,359 1,433,098 0.058865
2017 88,275 1,379,632 0.063984
2016 93,961 1,509,089 0.062263
2015 90,902 1,561,152 0.058228
2014 90,215 1,492,953 0.060427
2
Total of line 1, column (d) .....................
2
0.303767
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.060753
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
1,479,921
5
Multiply line 4 by line 3......................
5
89,910
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
896
7
Add lines 5 and 6........................
7
90,806
8
Enter qualifying distributions from Part XII, line 4,.............
8
86,867
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 (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
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 1,792
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 1,792
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 1,792
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 1,807
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 1,807
8 Enter any penalty for underpayment of estimated tax. Check here if 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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 15
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet15 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletIN
    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 2019 or the taxable year beginning in 2019? See the 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 (2019)
    Form 990-PF (2019)
    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 addressbullet  
    14
    The books are in care ofbulletUS BANK NA Telephone no.bullet (765) 965-2283

    Located atbulletPO BOX 0634MILWAUKEEWI ZIP+4bullet53201
    15
    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
    15
     
    16 At any time during calendar year 2019, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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
     
    No
    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 2019 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 2019.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    US BANK NA TRUSTEE
    1     		21,787    
    PO BOX 818
    RICHMOND,IN47375
    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
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    1,450,970
    b
    Average of monthly cash balances.......................
    1b
    51,488
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,502,458
    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
    1,502,458
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    22,537
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,479,921
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    73,996
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    73,996
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    1,792
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,792
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    72,204
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    72,204
    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
    72,204
    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
    86,867
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    86,867
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    86,867
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 72,204
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 17,441
    b From 2015...... 14,828
    c From 2016...... 22,325
    d From 2017...... 22,091
    e From 2018...... 14,511
    fTotal of lines 3a through e........ 91,196
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 86,867
    a Applied to 2018, 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 2019 distributable amount..... 72,204
    e Remaining amount distributed out of corpus 14,663
    5 Excess distributions carryover applied to 2019. 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 5 105,859
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		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
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		17,441
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		88,418
    10 Analysis of line 9:
    a Excess from 2015.... 14,828
    b Excess from 2016.... 22,325
    c Excess from 2017.... 22,091
    d Excess from 2018.... 14,511
    e Excess from 2019.... 14,663
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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 foundation 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 e-mail address of the person to whom applications should be addressed:
    DONALD HAWK U S BANK TRUST DEPT
    PO BOX 818
    RICHMOND,IN47375
    (765) 965-2227
    bThe form in which applications should be submitted and information and materials they should include:
    N/A
    cAny submission deadlines:
    MARCH 31ST OF EACH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MUST BE A WAYNE COUNTY, INDIANA ORGANIZATION OR CHILD
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    BIRTH TO FIVE
    PO BOX 1815
    RICHMOND,IN47375     		NONE PC GENERAL SUPPORT 20,682
    DIPLOMAS IN SCHOOL CHILDCARE
    380 HUB ETCHISON PARKWAY
    RICHMOND,IN47374     		NONE PC GENERAL SUPPORT 7,200
    YOUNG MEN'S CHRISTIAN ASSOCIATION
    1215 SOUTH J STREET
    RICHMOND,IN47374     		NONE PC GENERAL SUPPORT 1,696
    SUNRISE INC
    2670 MINNEMAN ROAD
    RICHMOND,IN47374     		NONE PC GENERAL SUPPORT 17,110
    BRIGHTER PATH INC
    2778 N TREATY LINE ROAD
    CAMBRIDGE CITY,IN47327     		NONE PC GENERAL OPERATING 3,000
    ACHIEVA RESOURCES CORP INC
    PO BOX 1252
    RICHMOND,IN473751252     		NONE PC GENERAL SUPPORT 35,000
    Total .................................bullet 3a 84,688
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 ...........     		         
    4 Dividends and interest from securities....     14 37,094  
    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 73,301  
    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)..   110,395  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    110,395
    (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 (2019)
    Form 990-PF (2019)
    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) (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) (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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    WALLACE W AND R CRIP CH FUND TUW
    EIN:
    35-6356155
    Name of Bond End of Year Book Value End of Year Fair Market Value
    373334JK8 GEORGIA PWR CO    
    097023BG9 BOEING CO 51,813 48,988
    68381K606 OPPENHEIMER SENIOR F 30,989 30,137
    046353AF5 ASTRAZENECA PLC 50,591 49,552
    74442J406 PRUDENTIAL SHORT DUR 29,549 28,159
    670690387 NUVEEN INFLATION PRO 43,160 46,539
    464288638 ISHARES BARCLAYS INT 44,264 42,480
    464288646 ISHARES BARCLAYS 1 3 42,156 41,464
    22303QAN0 COVIDIEN INTL FI 49,815 49,494
    87234N765 TCW EMERGING MARKETS 47,466 42,869

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    WALLACE W AND R CRIP CH FUND TUW
    EIN:
    35-6356155
    Name of Stock End of Year Book Value End of Year Fair Market Value
    149498107 CAUSEWAY EMERGING MA 21,699 26,606
    00206R102 ATT INC    
    717081103 PFIZER INC    
    02079K305 ALPHABET INC CL A 14,336 20,520
    670690387 NUVEEN INFLATION PRO    
    713448108 PEPSICO INC 10,846 11,292
    693475105 P N C FINANCIAL SERV 6,933 10,487
    855244109 STARBUCKS CORP    
    060505104 BANK OF AMERICA CORP 12,578 18,265
    91324P102 UNITED HEALTH GROUP 10,759 23,944
    755111507 RAYTHEON COMPANY 14,475 18,599
    79471L602 SALIENT MLP ENERGY I 37,110 28,927
    438516106 HONEYWELL INTERNATIO 10,459 16,640
    74442J307 PRUDENTIAL SHORT DUR    
    92343V104 VERIZON COMMUNICATIO    
    464288638 ISHARES BARCLAYS INT    
    369604103 GENERAL ELECTRIC CO 23,110 12,532
    87234N765 TCW EMERGING MARKETS    
    N59465109 MYLAN NV 20,362 20,862
    247361702 DELTA AIR LINES INC 10,794 16,192
    00287Y109 ABBVIE INC 21,576 20,808
    00769G543 CAMBIAR INTL EQUITY    
    024835100 AMERICAN CAMPUS COMM 21,147 17,699
    38143H381 GOLDMAN SACHS COMM S 9,896 11,708
    037833100 APPLE INC 510 11,287
    779556109 ROWE T PRICE MID-CAP 42,000 51,801
    023135106 AMAZON.COM INC 10,139 24,036
    464288646 ISHARES BARCLAYS 1 3    
    92826C839 VISA INC 11,673 19,512
    78409V104 S P GLOBAL INC    
    06828M876 BARON EMERGING MARKE 28,867 29,342
    440452100 HORMEL FOODS CORP 11,208 13,002
    670678507 NUVEEN REAL ESTATE S 39,919 56,363
    893641100 TRANSDIGM GROUP INC    
    46625H100 J P MORGAN CHASE CO 12,220 15,798
    77956H849 T ROWE PRICE INTL GR    
    63872T620 LOOMIS SAYLES STRATE    
    594918104 MICROSOFT CORP 9,952 38,886
    375558103 GILEAD SCIENCES INC 11,699 10,809
    03027X100 AMERICAN TOWER CORP 10,373 13,077
    77957Y106 T ROWE PRICE MID CAP 42,751 47,979
    57636Q104 MASTERCARD INC 4,884 11,131
    126650100 CVS HEALTH CORPORATI 12,685 13,382
    437076102 HOME DEPOT INC 8,076 11,393
    315910620 FIDELITY INVT TR AD 109,610 119,314
    56585A102 MARATHON PETROLEUM C 11,312 16,794
    68381K606 OPPENHEIMER SENIOR F    
    29250N105 ENBRIDGE INC 16,135 13,562
    344849104 FOOT LOCKER INC 9,785 9,176
    478160104 JOHNSON JOHNSON 10,895 12,435
    693506107 P P G INDS INC 10,128 9,822
    931142103 WAL MART STORES INC 10,676 12,208
    88579Y101 3M CO 10,548 10,536
    20030N101 COMCAST CORP CL A 16,423 13,810
    H1467J104 CHUBB LTD 20,953 21,382
    464288877 ISHARES MSCI EAFE VA 100,256 99,167
    458140100 INTEL CORP 22,546 22,226
    055622104 BP PLC SPONS A D R 10,375 10,603
    958102105 WESTERN DIGITAL CORP 22,979 14,635
    806857108 SCHLUMBERGER LTD 11,721 9,138

    TY 2017 InvestmentsOtherSchedule2
    Name:
    WALLACE W AND R CRIP CH FUND TUW
    EIN:
    35-6356155
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    136385101 CANADIAN NATURAL RES      
    H1467J104 CHUBB LTD      
    G1151C101 ACCENTURE PLC CL A      
    046353AF5 ASTRAZENECA PLC      
    N53745100 LYONDELLBASELL INDUS      
    559222401 MAGNA INTL INC CL      

    TY 2017 OtherDecreasesSchedule
    Name:
    WALLACE W AND R CRIP CH FUND TUW
    EIN:
    35-6356155
    Description Amount
    ROC ADJUSTMENTS 2,312


    TY 2017 TaxesSchedule
    Name:
    WALLACE W AND R CRIP CH FUND TUW
    EIN:
    35-6356155
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 689 689   0
    FEDERAL TAX PAYMENT - PRIOR YE 407 0   0
    FEDERAL ESTIMATES - PRINCIPAL 1,807 0   0
    FOREIGN TAXES ON NONQUALIFIED 47 47   0