TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2018

Open to Public Inspection

For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018

Name of foundation
ELLAMAE SIEBERT FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)111 EAST WISCONSIN AVE RM/STE 1800
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI53202

A Employer identification number

39-1708686

B Telephone number (see instructions)

(414) 276-3400

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$1,277,079J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	29,152		29,152
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		101,012
b	Gross sales price for all assets on line 6a 432,505
7	Capital gain net income (from Part IV, line 2)...			101,012
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........	130,164		130,164
13	Compensation of officers, directors, trustees, etc.	2,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		6,264	3,132
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		22,299	22,299
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		1,874	1,874
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		464	464
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	32,901		27,769	0
25	Contributions, gifts, grants paid.......	65,000			65,000
26	Total expenses and disbursements. Add lines 24 and 25	97,901		27,769	65,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	32,263
b	Net investment income (if negative, enter -0-)			102,395
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2018)

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	29,999	46,307	46,300
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	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).......	1,082,981	1,098,742	1,230,779
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,112,980	1,145,049	1,277,079
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................	1,112,980	1,145,049
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........
	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).....	1,112,980	1,145,049
	31	Total liabilities and net assets/fund balances (see instructions).	1,112,980	1,145,049

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

1,112,980

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

32,263

Other increases not included in line 2 (itemize) bullet

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

1,145,243

Decreases not included in line 2 (itemize) bullet

194

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

1,145,049

Form 990-PF (2018)

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	EQUITY LIFESTYLE PROPERTIES	P	2018-09-28	2018-12-19
b	AMGEN INC	P	2016-03-01	2018-12-19
c	EQT CORPORATION	P	2016-10-03	2018-09-18
d	MITSUBISHI UFJ FINANCIAL	P	2016-03-01	2018-12-19
e	AB GLOBAL BOND FUND	P	2017-01-01	2018-10-25
	RYANAIR HLDGS PLC	P	2017-12-06	2018-10-26
	ATLAS COPCO	P	2017-04-11	2018-10-26
	COMPASS GROUP	P	2016-02-04	2018-01-04
	DSV A/S	P	2016-08-18	2018-10-17
	HERMES INTL	P	2016-05-26	2018-01-04
	LVMH MOET HENNESSY	P	2016-02-04	2018-10-26
	SYSMEX CORPORATION	P	2016-02-04	2018-12-21
	NVIDIA CORP	P	2018-08-27	2018-12-19
	ALPHABET INC CLASS C	P	2016-10-26	2018-12-19
	GARTNER INC	P	2016-10-26	2018-12-19
	ORACLE CORPORATION	P	2016-10-26	2018-12-19
	FEDERAL NATIONAL MTG ASSN	P	2017-05-01	2018-02-26
	JOHNSON CONTROLS	P	2018-01-04	2018-12-19
	ANSYS INC	P	2017-06-30	2018-12-19
	EQT CORPORATION	P	2016-10-03	2018-03-13
	MONDELEZ INTERNATIONAL INC	P	2016-03-01
	LOOMIS SAYLES STRATEGIC	P	2017-01-01	2018-10-25
	SHOPIFY INC	P	2018-05-02	2018-10-26
	CANADIAN PACIFIC RAILWAY	P	2018-06-20	2018-01-04
	COMPASS GROUP	P	2016-02-04	2018-06-29
	DSV A/S	P	2016-08-18	2018-10-26
	HERMES INTL	P	2016-05-26	2018-07-06
	NESTLE SA	P	2010-02-01	2018-01-04
	SYSMEX CORPORATION	P	2016-04-06	2018-12-21
	ZOETIS INC	P	2017-11-21	2018-10-26
	ALPHABET INC CLASS A	P	2016-02-29	2018-12-19
	MASTERCARD INCORPORATED	P	2016-10-26	2018-10-26
	PRICELINE GROUP INC	P	2014-04-21	2018-02-06
	FEDERAL NATIONAL MTG ASSN	P	2017-05-01	2018-05-25
	PARKER HANNIFIN CORP	P	2018-10-19	2018-12-19
	ARCHER-DANIELS-MIDLAND CO	P	2016-03-01	2018-09-24
	FIRST REPUBLIC BANK SAN	P	2016-03-01	2018-12-19
	MONDELEZ INTERNATIONAL INC	P	2016-03-01	2018-12-19
	AIA GROUP LTD	P	2017-01-25	2018-01-04
	STERIS PLC	P	2018-08-10	2018-10-17
	CANADIAN PACIFIC RAILWAY	P	2018-06-20	2018-06-29
	COMPASS GROUP	P	2016-02-04	2018-10-17
	ESSILORLUXOTTICA	P	2016-05-25	2018-01-04
	ICON PLC	P	2016-02-04	2018-01-04
	NESTLE SA	P	2010-02-01	2018-06-29
	TAIWAN SEMICONDUCTOR	P	2016-02-04	2018-01-04
	ACCENTURE PLC	P	2016-10-26	2018-10-26
	AUTOMATIC DATA PROCESSING INC	P	2016-10-26	2018-10-26
	MASTERCARD INCORPORATED	P	2016-10-26	2018-12-19
	PRICELINE GROUP INC	P	2015-09-02	2018-02-06
	FEDERAL NATIONAL MTG ASSN	P	2017-05-01	2018-07-25
	SONY CORPORATION	P	2018-05-11	2018-07-24
	ARCHER-DANIELS-MIDLAND CO	P	2016-03-01	2018-09-25
	GENERAL DYNAMICS CORP	P	2016-03-01	2018-07-24
	NATIONAL FUEL GAS CO	P	2016-03-01	2018-12-19
	AMADEUS IT GROUP	P	2018-05-18	2018-10-17
	STERIS PLC	P	2018-08-10	2018-10-26
	CANADIAN PACIFIC RAILWAY	P	2018-06-20	2018-10-17
	COMPASS GROUP	P	2016-02-04	2018-10-26
	ESSILORLUXOTTICA	P	2016-05-25	2018-06-29
	ICON PLC	P	2016-02-04	2018-10-17
	NESTLE SA	P	2010-02-01	2018-10-17
	TAIWAN SEMICONDUCTOR	P	2016-02-04	2018-06-29
	ACCENTURE PLC	P	2016-10-26	2018-12-19
	AUTOMATIC DATA PROCESSING INC	P	2016-10-26	2018-12-19
	MICROSOFT CORP	P	2017-07-17	2018-10-26
	PRICELINE GROUP INC	P	2016-01-19	2018-02-06
	FEDERAL NATIONAL MTG ASSN	P	2017-05-01	2018-08-27
	SONY CORPORATION	P	2018-05-11	2018-12-19
	BANCO BILBAO VIZCAYA	P	2016-03-01	2018-07-24
	HOME DEPOT INC	P	2016-03-01	2018-08-13
	NOVARTIS AG	P	2016-03-01	2018-07-24
	AMADEUS IT GROUP	P	2018-05-18	2018-10-26
	ACCENTURE PLC	P	2016-04-14	2018-01-04
	CANADIAN PACIFIC RAILWAY	P	2018-06-20	2018-10-26
	CORE LABORATORIES	P	2000-09-11	2018-01-04
	ESSILORLUXOTTICA	P	2016-05-25	2018-10-17
	ICON PLC	P	2016-02-04	2018-10-26
	NESTLE SA	P	2010-02-01	2018-10-26
	TAIWAN SEMICONDUCTOR	P	2016-02-04	2018-10-17
	ADOBE INC	P	2016-10-26	2018-06-06
	BOOKING HOLDINGS INC	P	2016-01-19	2018-10-26
	MICROSOF	P	2017-07-17	2018-12-19
	REGNERON PHARMACEUTICALS	P	2016-10-26	2018-10-26
	FEDERAL NATIONAL MTG ASSN	P	2017-05-01	2018-09-25
	SUN COMMUITIES INC	P	2018-09-17	2018-12-19
	BANCO BILBAO VIZCAYA	P	2016-03-01	2018-12-19
	HOME DEPOT INC	P	2016-03-01	2018-12-19
	NOVARTIS AG	P	2016-03-01	2018-12-19
	ATLAS COPCO	P	2017-04-11	2018-01-04
	ACCENTURE PLC	P	2016-04-14	2018-06-29
	CHR HANSEN HLDG	P	2016-02-04	2018-06-29
	CORE LABORATORIES	P	2016-02-04	2018-01-04
	ESSILORLUXOTTICA	P	2016-05-25	2018-10-26
	INDUSTRIA DE DSENO TEXTIL	P	2016-02-04	2018-01-04
	NOVOZYMES	P	2016-02-04	2018-05-10
	TAIWAN SEMICONDUCTOR	P	2016-02-04	2018-10-26
	ADOBE INC	P	2016-10-26	2018-08-27
	BOOKING HOLDINGS INC	P	2016-02-29	2018-12-19
	MICROSOF COR	P	2017-09-06	2018-12-19
	REGNERON PHARMACEUTICALS	P	2016-10-26	2018-12-19
	FEDERAL NATIONAL MTG ASSN	P	2017-05-01	2018-10-25
	TWITTER INC	P	2018-08-30	2018-12-19
	BANK OF AMERICA CORP	P	2016-03-01	2018-07-24
	HOME DEPOT INC	P	2016-03-01	2018-12-19
	OSHKOSH CORPORATION	P	2016-03-01	2018-12-19
	FANUC CORPORATION	P	2018-04-18	2018-10-17
	ACCENTURE PLC	P	2016-04-14	2018-10-17
	CHR HANSEN HLDG	P	2016-02-04	2018-10-17
	CORE LABORATORIES	P	2016-02-04	2018-06-29
	EXPERIAN PLC	P	2016-02-04	2018-01-04
	INDUSTRIA DE DSENO TEXTIL	P	2016-02-04	2018-01-01
	NOVOZYMES	P	2016-04-06	2018-05-10
	TENCENT HOLDINGS LIMITED	P	2016-04-06	2018-01-04
	ADOBE INC	P	2016-10-26	2018-10-26
	CELGENE CORP	P	2016-10-26	2018-01-23
	NESTLE SA	P	2016-10-26	2018-10-26
	STARBUCKS CORP	P	2016-10-26	2018-10-26
	FEDERAL NATIONAL MTG ASSN	P	2017-05-01	2018-11-26
	ABBVIE INC	P	2016-03-01	2019-10-22
	BANK OF AMERICA CORP	P	2016-03-01	2018-12-19
	JPMORGAN CHASE & CO	P	2016-03-01	2018-07-24
	PAYPAL HOLDINGS INC	P	2016-03-01	2018-07-24
	FANUC CORPORATION	P	2018-04-18	2018-10-26
	ACCENTURE PLC	P	2016-04-14	2018-10-26
	CHR HANSEN HLDG	P	2016-02-04	2018-10-26
	CORE LABORATORIES	P	2016-02-04	2018-10-17
	EXPERIAN PLC	P	2016-02-04	2018-06-29
	INDUSTRIA DE DSENO TEXTIL	P	2016-02-04	2018-10-26
	RECKITT BENCKISER	P	2016-02-04	2018-01-04
	TENCENT HOLDINGS LIMITED	P	2016-04-06	2018-10-17
	ADOBE INC	P	2016-10-26	2018-12-19
	CELGENE CORP	P	2016-12-27	2018-01-23
	NESTLE SA	P	2016-10-26	2018-12-19
	STARBUCKS CORP	P	2016-10-26	2018-11-07
	FEDERAL NATIONAL MTG ASSN	P	2017-05-01	2018-12-26
	ABBVIE INC	P	2016-03-01	2018-12-19
	BAXTER INTERNATIONAL INC	P	2016-03-01	2018-01-04
	KROGER CO	P	2017-06-13	2018-07-24
	PAYPAL HOLDINGS INC	P	2016-03-01	2018-01-21
	FANUC CORPORATION	P	2018-04-18	2018-11-30
	ADIDAS AG	P	2016-08-04	2018-01-04
	CHUBB LTD	P	2016-02-04	2018-01-04
	CORE LABORATORIES	P	2016-02-04	2018-10-26
	EXPERIAN PLC	P	2016-02-04	2018-10-17
	LUXOTTICA GROUP	P	2016-11-22	2018-01-04
	RECKITT BENCKISER	P	2016-02-04	2018-04-05
	WAL-MART DE MEXICO	P	2016-02-04	2018-01-04
	ALIGN TECHNOLOGY INC	P	2016-10-26	2018-07-03
	DOLLAR GENERAL CORPORATION	P	2016-10-26	2018-10-26
	NIKE INC	P	2016-10-26	2018-10-26
	STARBUCKS CORP	P	2016-10-26	2018-11-15
	ADOBE INC	P	2016-03-01	2018-03-28
	BOK FINANCIAL CORP NEW	P	2016-03-01	2018-12-19
	KROGER CO	P	2017-06-13	2018-12-19
	PHILLIPS 66	P	2016-03-01	2018-07-24
	HEXAGON	P	2018-02-09	2018-10-17
	ADIDAS AG	P	2016-08-04	2018-10-17
	CHUBB LTD	P	2016-02-04	2018-06-29
	CSL LTD	P	2016-02-04	2018-10-04
	EXPERIAN PLC	P	2016-02-04	2018-10-26
	LUXOTTICA GROUP	P	2016-11-22	2018-01-01
	RECKITT BENCKISER	P	2016-04-06	2018-04-05
	WAL-MART DE MEXICO	P	2016-02-04	2018-10-17
	ALIGN TECHNOLOGY INC	P	2016-10-26	2018-07-05
	DOLLAR GENERAL CORPORATION	P	2016-10-26	2018-12-19
	NIKE INC	P	2016-10-26	2018-11-15
	STARBUCKS CORP	P	2016-10-26	2018-12-19
	ADOBE INC	P	2016-03-01	2018-05-23
	CHUBB LTD	P	2016-03-01	2018-12-19
	LENNAR CORP	P	2016-03-01	2018-12-19
	PHILLIPS 66	P	2016-03-01	2018-12-19
	HEXAGON	P	2018-02-09	2018-10-26
	ADIDAS AG	P	2016-08-04	2018-10-26
	CHUBB LTD	P	2016-02-04	2018-10-17
	CSL LTD	P	2016-02-04	2018-04-18
	FERRARI N V	P	2017-07-31	2018-08-02
	LUXOTTICA GROUP	P	2016-11-22	2018-10-26
	RECKITT BENCKISER	P	2016-04-29	2018-04-05
	WAL-MART DE MEXICO	P	2016-02-04	2018-01-04
	ALIGN TECHNOLOGY INC	P	2016-10-26	2018-10-08
	FACEBOOK INC	P	2016-10-26	2018-01-16
	NIKE INC	P	2016-10-26	2018-12-19
	VISA INC	P	2016-02-29	2018-10-26
	ADOBE INC	P	2016-03-01	2018-07-24
	COCA COLA COMPANY	P	2016-11-01	2018-12-19
	MARTIN MARIETTA MATERIALS INC	P	2016-03-01	2018-12-19
	PPG INDUSTRIES INC	P	2016-08-04	2018-12-19
	PERNOD RICARD	P	2018-01-17	2018-10-17
	AIA GROUP LTD	P	2017-01-25	2018-06-29
	CHUBB LTD	P	2016-02-04	2018-10-26
	CSL LTD	P	2016-02-04	2018-10-17
	HDFC BK LTD	P	2001-02-04	2018-01-04
	LUXOTTICA GROUP	P	2016-11-22	2018-11-19
	SYSMEX CORPORATION	P	2016-02-04	2018-01-04
	YANDEX	P	2016-02-04	2018-01-04
	ALIGN TECHNOLOGY INC	P	2016-12-12	2018-10-08
	FACEBOOK INC	P	2016-10-26	2018-10-26
	O REILLY AUTOMOTIVE	P	2016-10-26	2018-10-26
	VISA INC	P	2016-02-29	2018-12-19
	ADOBE INC	P	2016-03-01	2018-12-19
	CULLEN FROST BANKERS INC	P	2016-03-01	2018-12-19
	METRONIC PLC	P	2016-03-01	2018-12-19
	UNILEVER NV	P	2016-03-01	2018-07-24
	PERNOD RICARD	P	2018-01-17	2018-10-26
	AIA GROUP LTD	P	2017-01-25	2018-10-17
	COLOPLAST	P	2016-02-04	2018-01-04
	CSL LTD	P	2016-08-18	2018-10-26
	HDFC BK LTD	P	2016-02-04	2018-06-29
	LVMH MOET HENNESSY	P	2016-02-04	2018-01-04
	SYSMEX CORPORATION	P	2016-02-04	2018-06-29
	YANDEX	P	2016-02-04	2018-04-20
	ALIGN TECHNOLOGY INC	P	2016-12-12	2018-10-26
	FACEBOOK INC	P	2016-10-26	2018-12-19
	O REILLY AUTOMOTIVE	P	2016-10-26	2018-12-19
	VISA INC	P	2016-07-28	2018-12-19
	AES CORP	P	2016-03-01	2018-09-25
	DANAHER CORPORATION	P	2016-06-08	2018-05-11
	MICROCHIP TECHNOLOGY INC	P	2016-05-13	2018-12-19
	UNILEVER NV	P	2016-03-01	2018-12-19
	RYANAIR HLDGS PLC	P	2017-12-06	2018-01-04
	AIA GROUP LTD	P	2017-01-25	2018-10-26
	COLOPLAST	P	2016-02-04	2018-05-01
	DSV A/S	P	2016-08-18	2018-01-04
	HDFC BK LTD	P	2016-02-04	2018-10-17
	LVMH MOET HENNESSY	P	2016-02-04	2018-06-29
	SYSMEX CORPORATION	P	2016-02-04	2018-10-17
	YANDEX	P	2016-02-06	2018-04-20
	ALIGN TECHNOLOGY INC	P	2016-12-12	2018-12-19
	GARTNER INC	P	2016-10-26	2018-10-26
	ORACLE CORPORATION	P	2016-10-26	2018-08-27
	ZOETIS INC	P	2017-11-21	2018-12-19
	AMERIPRISE FINL INC	P	2016-06-27	2018-12-19
	DOWDUPONT INC	P	2016-03-01	2018-09-17
	MICROSOFT CORP	P	2016-03-01	2018-12-19
	WALGREEN BOTOS ALLIANCE INC	P	2016-03-01	2018-12-19
	RYANAIR HLDGS PLC	P	2017-12-06	2018-10-17
	ATLAS COPCO	P	2017-04-11	2018-10-17
	COLOPLAST	P	2016-02-06	2018-05-01
	DSV A/S	P	2016-08-18	2018-06-29
	HDFC BK LTD	P	2016-02-04	2018-10-26
	LVMH MOET HENNESSY	P	2016-02-04	2018-10-17
	SYSMEX CORPORATION	P	2016-02-04	2018-10-26
	NVIDIA CORP	P	2018-08-27	2018-10-26
	ALPHABET INC CLASS C	P	2016-10-26	2018-10-26
	GARTNER INC	P	2016-10-26	2018-12-19
	ORACLE CORPORATION	P	2016-10-26	2018-10-26
	FEDERAL NATIONAL MTG ASSN	P	2017-05-01	2018-01-25

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,482	1,438	44
b	2,789	2,178	611
c	4,801	7,499	-2,698
d	147	130	17
e	20,000	19,241	759
	164	238	-74
	92	141	-49
	409	357	52
	169	100	69
	321	217	104
	240	137	103
	572	795	-223
	974	1,943	-969
	5,137	4,007	1,130
	3,487	2,231	1,256
	3,025	2,502	523
	4	4
	1,112	1,428	-316
	1,611	1,337	274
	662	1,029	-367
	830	806	24
	20,000	21,479	-1,479
	271	250	21
	555	200	355
	216	188	28
	468	300	168
	4,974	2,925	2,049
	512	287	225
	1,097	1,384	-287
	2,668	2,158	510
	1,040	720	320
	1,402	722	680
	1,846	1,217	629
	93	93
	1,331	1,425	-94
	2,143	1,514	629
	7,090	4,683	2,407
	1,618	1,572	46
	489	348	141
	110	115	-5
	182	67	115
	223	207	16
	272	262	10
	341	208	133
	231	143	88
	457	255	202
	2,634	1,970	664
	3,157	2,015	1,142
	1,878	1,031	847
	1,846	1,233	613
	84	84
	1,316	1,202	114
	5,923	4,191	1,732
	1,431	1,231	200
	2,383	1,983	400
	84	78	6
	106	115	-9
	207	67	140
	220	207	13
	211	196	15
	146	69	77
	159	96	63
	219	139	80
	3,333	2,549	784
	4,707	3,153	1,554
	4,620	3,137	1,483
	3,692	2,200	1,492
	70	70
	926	914	12
	700	628	72
	2,017	1,249	768
	989	870	119
	81	78	3
	468	344	124
	393	133	260
	230	22	208
	66	65	1
	277	139	138
	252	143	109
	158	93	65
	6,300	2,713	3,587
	1,772	1,100	672
	3,009	2,115	894
	2,022	2,191	-169
	6	6
	1,345	1,337	8
	1,070	1,307	-237
	2,365	1,498	867
	2,537	2,175	362
	494	388	106
	164	115	49
	593	408	185
	115	102	13
	206	196	10
	175	162	13
	2,511	2,151	360
	222	139	83
	9,925	4,124	5,801
	1,739	1,270	469
	3,528	2,497	1,031
	2,170	2,191	-21
	10	10
	1,916	2,084	-168
	769	323	446
	1,176	874	302
	932	519	413
	88	126	-38
	159	115	44
	153	94	59
	125	102	23
	442	341	101
	57	65	-8
	2,812	2,548	264
	389	145	244
	2,725	1,194	1,531
	11,688	10,935	753
	2,015	1,743	272
	2,263	2,093	170
	41	41
	2,786	1,819	967
	582	310	272
	1,170	695	475
	1,185	507	678
	94	152	-58
	310	230	80
	301	188	113
	106	102	4
	222	154	68
	84	97	-13
	407	400	7
	290	165	125
	4,064	1,954	2,110
	3,264	3,654	-390
	2,527	2,252	275
	270	215	55
	13	13
	1,173	772	401
	14,487	8,358	6,129
	979	1,052	-73
	2,279	1,052	1,227
	3,752	5,586	-1,834
	206	163	43
	578	450	128
	175	203	-28
	142	102	40
	245	205	40
	2,217	2,347	-130
	248	259	-11
	3,054	768	2,286
	2,066	1,304	762
	3,613	2,608	1,005
	8,296	6,602	1,694
	1,928	771	1,157
	733	498	235
	1,923	2,044	-121
	778	565	213
	53	59	-6
	116	82	34
	127	112	15
	560	384	176
	337	256	81
	122	103	19
	2,922	3,313	-391
	150	129	21
	2,022	512	1,510
	3,200	2,128	1,072
	2,819	1,982	837
	3,401	2,845	556
	1,675	600	1,075
	1,769	1,627	142
	1,231	1,267	-36
	342	323	19
	145	177	-32
	232	163	69
	127	112	15
	2,120	1,305	815
	3,909	3,261	648
	189	154	35
	1,289	1,489	-200
	146	129	17
	2,025	512	1,513
	9,513	6,996	2,517
	3,382	2,556	826
	4,022	2,109	1,913
	772	257	515
	3,168	2,781	387
	1,375	1,158	217
	1,544	1,674	-130
	90	96	-6
	208	149	59
	372	337	35
	274	154	120
	406	233	173
	3,155	2,667	488
	244	199	45
	307	125	182
	1,687	491	1,196
	1,612	1,452	160
	3,599	3,059	540
	4,742	2,618	2,124
	2,709	1,028	1,681
	524	296	228
	2,563	2,056	507
	856	656	200
	273	289	-16
	159	124	35
	151	146	5
	441	269	172
	316	175	141
	414	240	174
	231	166	65
	2,469	1,016	1,453
	1,401	589	812
	3,611	3,564	47
	4,434	3,616	818
	263	159	104
	6,845	4,824	2,021
	3,227	2,429	798
	1,930	1,284	646
	2,060	1,663	397
	215	238	-23
	365	298	67
	202	185	17
	442	275	167
	88	58	30
	400	206	194
	76	66	10
	2,943	1,344	1,599
	1,414	687	727
	2,154	1,287	867
	5,050	3,926	1,124
	3,175	2,734	441
	211	173	38
	9,461	6,988	2,473
	3,424	1,698	1,726
	2,644	2,879	-235
	80	119	-39
	130	176	-46
	2,798	2,517	281
	242	150	92
	274	175	99
	122	69	53
	104	99	5
	1,393	1,943	-550
	2,138	1,603	535
	2,357	1,545	812
	1,142	924	218
	80	80

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			44
b			611
c			-2,698
d			17
e			759
			-74
			-49
			52
			69
			104
			103
			-223
			-969
			1,130
			1,256
			523

			-316
			274
			-367
			24
			-1,479
			21
			355
			28
			168
			2,049
			225
			-287
			510
			320
			680
			629

			-94
			629
			2,407
			46
			141
			-5
			115
			16
			10
			133
			88
			202
			664
			1,142
			847
			613

			114
			1,732
			200
			400
			6
			-9
			140
			13
			15
			77
			63
			80
			784
			1,554
			1,483
			1,492

			12
			72
			768
			119
			3
			124
			260
			208
			1
			138
			109
			65
			3,587
			672
			894
			-169

			8
			-237
			867
			362
			106
			49
			185
			13
			10
			13
			360
			83
			5,801
			469
			1,031
			-21

			-168
			446
			302
			413
			-38
			44
			59
			23
			101
			-8
			264
			244
			1,531
			753
			272
			170

			967
			272
			475
			678
			-58
			80
			113
			4
			68
			-13
			7
			125
			2,110
			-390
			275
			55

			401
			6,129
			-73
			1,227
			-1,834
			43
			128
			-28
			40
			40
			-130
			-11
			2,286
			762
			1,005
			1,694
			1,157
			235
			-121
			213
			-6
			34
			15
			176
			81
			19
			-391
			21
			1,510
			1,072
			837
			556
			1,075
			142
			-36
			19
			-32
			69
			15
			815
			648
			35
			-200
			17
			1,513
			2,517
			826
			1,913
			515
			387
			217
			-130
			-6
			59
			35
			120
			173
			488
			45
			182
			1,196
			160
			540
			2,124
			1,681
			228
			507
			200
			-16
			35
			5
			172
			141
			174
			65
			1,453
			812
			47
			818
			104
			2,021
			798
			646
			397
			-23
			67
			17
			167
			30
			194
			10
			1,599
			727
			867
			1,124
			441
			38
			2,473
			1,726
			-235
			-39
			-46
			281
			92
			99
			53
			5
			-550
			535
			812
			218

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	101,012
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	-3,272

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	60,000	1,300,004	0.046154
2016	61,000	1,171,494	0.052070
2015	73,710	1,288,455	0.057208
2014	67,500	1,429,924	0.047205
2013	64,000	1,365,802	0.046859

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

0.249496

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 ......

0.049899

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

1,342,860

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

67,007

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

1,024

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

68,031

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

65,000

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 (2018)

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	2,048
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	2,048
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	2,048
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	1,175
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	1,175
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	50
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	923
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.

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

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

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

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

NONE

The books are in care of bullet

ANDREW B CHRISTOPHERSON Telephone no. bullet

(414) 276-3400

Located at bullet

111 EAST WISCONSIN AVE SUITE 1800MILWAUKEEWI ZIP+4 bullet

53202

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

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

16 At any time during calendar year 2018, 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

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2018?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2018, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2018?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2018 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 2018.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?

Form 990-PF (2018)

Page 6

Part VII-B

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

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

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

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
JANET M HOEHNEN	DIRECTOR 1.00	2,000	0	0
111 EAST WISCONSIN AVE SUITE 1800 MILWAUKEE,WI53202	DIRECTOR 1.00	2,000	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









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

Form 990-PF (2018)

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............. bullet

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


All other program-related investments. See instructions.
3

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

Form 990-PF (2018)

Page 8

Part X

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

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

purposes:

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

1,329,233

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

34,077

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

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

1,363,310

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

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

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

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

1,363,310

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

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

20,450

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

1,342,860

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

67,143

Part XI

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

and do not complete this part.)

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

67,143

Tax on investment income for 2018 from Part VI, line 5......

2,048

Income tax for 2018. (This does not include the tax from Part VI.)...

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

2,048

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

65,095

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

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

65,095

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

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

65,095

Part XII

Qualifying Distributions (see instructions)

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

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

65,000

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

65,000

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

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

65,000

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 (2018)

Page 9

Part XIII

Undistributed Income (see instructions)

	(c) 2017	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7		65,095
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......	62,114
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2018:
a From 2013......
b From 2014......
c From 2015......
d From 2016......
e From 2017......
fTotal of lines 3a through e........
4Qualifying distributions for 2018 from Part
XII, line 4: $ 65,000
a Applied to 2017, but not more than line 2a	62,114
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2018 distributable amount.....		2,886
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2018.
(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
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
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......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2018. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2019 ..........		62,209
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) .......
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2014....
b Excess from 2015....
c Excess from 2016....
d Excess from 2017....
e Excess from 2018....

Form 990-PF (2018)

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 2018, enter the date of the ruling....... bullet

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

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total

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

Part XV

Supplementary Information (Complete this part only if the 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

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

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

FRANK W BASTIAN
111 EAST WISCONSIN
SUITE 1800
MILWAUKEE,WI53202
(414) 276-3400

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

APPLICATION FORM & IRS DETERMINATION LETTER FOR SECTION 501(C)(3) STATUS

cAny submission deadlines:

SEPTEMBER 1 OF EACH YEAR

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

EMPHASIS ON MILWAUKEE METROPOLITAN AREA

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
MILWAUKEE HABIT FOR HUMANITY 3726 N BOOTH ST MILWAUKEE,WI53212		PUBLIC	GENERAL	10,000
MILWAUKEE HABIT FOR HUMANITY 3726 N BOOTH ST MILWAUKEE,WI53212		PUBLIC	GENERAL	5,000
KATHY'S HOUSE 600 N 103RD STREET MILWAUKEE,WI53226		PUBLIC	GENERAL	10,000
UNIVERSITY OF WISCONSIN FOUNDATION 1848 UNIVERSITY AVE MADISON,WI53726		PUBLIC	GENERAL	20,000
WISCONSIN HUMANE SOCIETY 4500 W WISCONSIN AVE MILWAUKEE,WI53208		PUBLIC	GENERAL	5,000
PLANNED PARENTHOOD OF WIS 2207 W WISCONSIN AVE MILWAUKEE,WI53223		PUBLIC	GENERAL	15,000
Total ................................. 3a				65,000

bApproved for future payment

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

Form 990-PF (2018)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	29,152
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 ............			14	3,789	97,223
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)..				32,941	97,223

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

130,164

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2018)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

ELLAMAE SIEBERT FOUNDATION INC

EIN:

39-1708686

Name of Stock	End of Year Book Value	End of Year Fair Market Value
INVESTED ASSETS	1,098,742	1,230,779

- TIN:

TY 2018 LegalFeesSchedule

Name:

ELLAMAE SIEBERT FOUNDATION INC

EIN:

39-1708686

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL AND ADMINISTRATION	6,264	3,132

- TIN:

TY 2018 OtherDecreasesSchedule

Name:

ELLAMAE SIEBERT FOUNDATION INC

EIN:

39-1708686

Description	Amount
2017 990PF NON-DEDUCTIBLE IRS	194

- TIN:

TY 2018 OtherExpensesSchedule

Name:

ELLAMAE SIEBERT FOUNDATION INC

EIN:

39-1708686

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
OTHER EXPENSES	464	464

- TIN:

TY 2018 OtherProfessionalFeesSchedule

Name:

ELLAMAE SIEBERT FOUNDATION INC

EIN:

39-1708686

Category	Amount	Net Investment Income
RBC 301-97703	4,573	4,573
RBC 301-97705	3,870	3,870
RBC 301-97706	5,683	5,683
RBC 317-65030	8,122	8,122
RBC 320-69848	51	51
DIRECTOR FEES

- TIN:

TY 2018 TaxesSchedule

Name:

ELLAMAE SIEBERT FOUNDATION INC

EIN:

39-1708686

Category	Amount	Net Investment Income
FOREIGN TAX - 317-65030	204	204
FOREIGN TAX - 301-97705	435	435
FOREIGN TAX - 301-97706	60	60
2017 990 PF TAX	1,175	1,175