-
TIN:
Form
990-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.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
THE BRUNING FOUNDATION
C/O CHRISTIAN B SILGE
Number and street (or P.O. box number if mail is not delivered to street address)
4809 LAUREL LANE
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FT MYERS
,
FL
33908
A Employer identification number
36-6068626
B
Telephone number (see instructions)
(847) 736-7451
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
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 .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
19,206,717
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
449,248
449,248
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
498,062
b
Gross sales price for all assets on line 6a
8,253,175
7
Capital gain net income (from Part IV, line 2)
...
498,062
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)
.......
7,305
3,160
12
Total.
Add lines 1 through 11
........
954,615
950,470
13
Compensation of officers, directors, trustees, etc.
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
36,720
36,720
9,180
c
Other professional fees (attach schedule)
....
135,665
135,665
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
24,240
14,240
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
50,021
42,363
34,705
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
1,074
1,074
1,074
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
247,720
230,062
44,959
25
Contributions, gifts, grants paid
.......
976,000
976,000
26
Total expenses and disbursements.
Add lines 24 and 25
1,223,720
230,062
1,020,959
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-269,105
b
Net investment income
(if negative, enter -0-)
720,408
c
Adjusted net income
(if negative, enter -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
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
155,932
1,045,511
1,045,511
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)
881,761
811,660
828,601
b
Investments—corporate stock (attach schedule)
.......
13,310,551
12,604,410
15,284,279
c
Investments—corporate bonds (attach schedule)
.......
2,364,827
1,977,874
2,040,065
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
)
3,750
8,261
8,261
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
16,716,821
16,447,716
19,206,717
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 FASB ASC 958, check here
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
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
5,833,892
5,833,892
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
10,882,929
10,613,824
29
Total net assets or fund balances
(see instructions)
.....
16,716,821
16,447,716
30
Total liabilities and net assets/fund balances
(see instructions)
.
16,716,821
16,447,716
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
16,716,821
2
Enter amount from Part I, line 27a
.....................
2
-269,105
3
Other increases not included in line 2 (itemize)
3
4
Add lines 1, 2, and 3
..........................
4
16,447,716
5
Decreases not included in line 2 (itemize)
5
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
16,447,716
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
NAT'L FINL SERVICES (5967)
P
b
NAT'L FINL SERVICES (8373)
P
c
NAT'L FINL SERVICES (3758)
P
d
NAT'L FINL SERVICES (8373)
P
e
NAT'L FINL SERVICES (1590)
P
SECURITIES LITIGATION SETTLEMENT
P
NAT'L FINL SERVICES (1590)
P
NAT'L FINL SERVICES (5962)
P
NAT'L FINL SERVICES (5967)
P
NAT'L FINL SERVICES (7771)
P
NAT'L FINL SERVICES (7771)
P
NAT'L FINL SERVICES (7772)
P
NAT'L FINL SERVICES (7772)
P
NAT'L FINL SERVICES (7773)
P
NAT'L FINL SERVICES (7775)
P
NAT'L FINL SERVICES (7775)
P
NAT'L FINL SERVICES (7777)
P
NAT'L FINL SERVICES (7777)
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
291,536
250,408
41,128
b
1,167,091
964,028
203,063
c
220,631
216,915
3,716
d
1,068,981
1,048,737
20,244
e
66,465
66,893
-428
4,317
4,317
441,410
433,376
8,034
750,000
750,000
4,284
4,070
214
75,551
74,121
1,430
91,687
91,062
625
556,029
498,048
57,981
809,067
836,225
-27,158
814,805
814,122
683
25,325
26,433
-1,108
824,603
570,867
253,736
408,325
402,980
5,345
633,068
706,828
-73,760
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
41,128
b
203,063
c
3,716
d
20,244
e
-428
4,317
8,034
214
1,430
625
57,981
-27,158
683
-1,108
253,736
5,345
-73,760
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
498,062
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
2,255
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))
2018
1,011,204
19,397,365
0.052131
2017
905,749
19,614,159
0.046178
2016
932,890
18,100,314
0.051540
2015
949,100
18,773,788
0.050555
2014
855,500
19,281,601
0.044369
2
Total
of line 1, column (d)
.....................
2
0.244773
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
0.048955
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
18,582,391
5
Multiply line 4 by line 3
......................
5
909,701
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
7,204
7
Add lines 5 and 6
........................
7
916,905
8
Enter qualifying distributions from Part XII, line 4
,.............
8
1,020,959
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
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
7,204
here
and 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
7,204
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
7,204
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
43,602
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
43,602
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
36,398
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
36,398
Refunded
11
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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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
Yes
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
Yes
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)
IL
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 address
N/A
14
The books are in care of
CHRISTIAN B SILGE
Telephone no.
(847) 736-7451
Located at
10318 ORCHID RESERVE DRIVE
WEST PALM BEACH
FL
ZIP+4
33412
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
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
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?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
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?
......................
Yes
No
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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
CHARLES BRUNING III
PRESIDENT/DI
000.00
0
0
0
11401 OSPREY LANDING
FT MYERS
,
FL
33908
SUSAN B WULFF
V.P./DIRECTO
000.00
0
0
0
1429 RAVENOAKS TRAIL
OREGON
,
WI
53575
CHRISTIAN B SILGE
TREASURER/DI
000.00
0
0
0
10318 ORCHID RESERVE DRIVE
WEST PALM BEACH
,
FL
33412
JEANNE B JOSEPH
DIRECTOR
000.00
0
0
0
28 REST LAKE ROAD
MANITOWISH WATERS
,
WI
54545
KIMBERLY B DONAHUE
DIRECTOR
000.00
0
0
0
10673 QUAIL RIDGE DRIVE
PONTE VEDRA
,
FL
32081
TRACY S BRUNING
DIRECTOR
000.00
0
0
0
4809 LAUREL LANE
FT MYERS
,
FL
33908
JAMES P BRUNING
DIRECTOR
000.00
0
0
0
1309 HAT CREEK TRAIL
SOUTHLAKE
,
TX
76092
KATHLEEN J BRUNING
SECRETARY
000.00
0
0
0
11401 OSPREY LANDING
FT MYERS
,
FL
33908
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
(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
NATIONAL FINANCIAL SERVICES LLC
INVESTMENT
135,665
499 WASHINGTON BOULEVARD
JERSEY CITY
,
NJ
07310
Total
number of others receiving over $50,000 for professional services
.............
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
.........................
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
18,334,705
b
Average of monthly cash balances
.......................
1b
530,667
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
18,865,372
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
2
Acquisition indebtedness applicable to line 1 assets
..................
2
3
Subtract line 2 from line 1d
.........................
3
18,865,372
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
282,981
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
18,582,391
6
Minimum investment return.
Enter 5% of line 5
..................
6
929,120
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
929,120
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
7,204
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
7,204
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
921,916
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
921,916
6
Deduction from distributable amount (see instructions)
.................
6
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
921,916
Part XII
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
1,020,959
b
Program-related investments—total from Part IX-B
..................
1b
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
1,020,959
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
7,204
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
1,013,755
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
921,916
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
869,454
b
Total for prior years:
20
,
20
,
20
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
b
From 2015
......
c
From 2016
......
d
From 2017
......
e
From 2018
......
f
Total
of lines 3a through e
........
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
1,020,959
a
Applied to 2018, but not more than line 2a
869,454
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 2019 distributable amount
.....
151,505
e
Remaining amount distributed out of corpus
5
Excess distributions carryover applied to 2019.
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter 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 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
770,411
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 2014 not
applied on line 5 or line 7 (see instructions)
...
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
d
Excess from 2018
....
e
Excess from 2019
....
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
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(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)
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
HERBERT F BRUNING
PAUL J BRUNING
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
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
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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)
a
Paid during the year
ACUPUNCTURISTS WITHOUT BORDERS
4605 NE FREMONT STREET 2
PORTLAND
,
OR
97213
PC:509(A)(1)
CHARITABLE
2,000
AMERICAN RED CROSS
431 18TH STREET NW
WASHINGTON
,
DC
20006
PC:509(A)(1)
CHARITABLE
3,000
AMHERST COLLEGE
PO BOX 5000
AMHERST
,
MA
010025000
PC:509(A)(1)
EDUCATIONAL
3,000
AVON OLD FARMS
500 OLD FARMS ROAD
AVON
,
CT
06001
PC:509(A)(1)
CHARITABLE
11,500
BAYAUD ENTERPRISES INC
333 W BAYAUD AVENUE
DENVER
,
CO
80223
PC:509(A)(1)
CHARITABLE
5,000
BE THE MATCH
500 N 5TH STREET
MINNEAPOLIS
,
MN
554011206
PC:509(A)(1)
MEDICAL
7,000
BEAVER CREEK BIBLICAL STUDIES
FELLOWSHIP
PO BOX 93
ALPHA
,
OH
45301
PC:509(A)(1)
RELIGOUS
5,000
BEEF 4 HUNGER
PO BOX 464
LAKE FOREST
,
IL
60045
PC:509(A)(1)
CHARITABLE
25,000
BELOIT COLLEGE
OFFICE OF DEVELOPMENT
BELOIT
,
WI
53511
PC:509(A)(1)
EDUCATIONAL
50,000
BRIDGING BIONICS FOUNDATION
PO BOX 3767
BASALT
,
CO
81621
PC:509(A)(1)
CHARITABLE
3,000
CAMP COURAGEOUS
12007 190TH STREET
MONTICELLO
,
IA
52310
PC:509(A)(1)
CHARITABLE
2,000
CAMP JORN
13591 ZENNER LANE
MANITOWISH WATERS
,
WI
54545
PC:509(A)(1)
CHARITABLE
5,000
CAN-DO CANINES
9440 SCIENCE CENTER DRIVE
NEW HOPE
,
MN
55428
PC:509(A)(1)
CHARITABLE
13,000
CARMEL HIGH SCHOOL
1 CARMEL PARKWAY
MUNDELEIN
,
IL
60060
PC:509(A)(1)
EDUCATIONAL
3,000
CHALLENGE ASPEN
PO BOX 6639
SNOWMASS VILLAGE
,
CO
81615
PC:509(A)(1)
CHARITABLE
3,000
CLINTON COMMUNITY SCHOOL DISTRICT
115 MILWAUKEE ROAD
CLINTON
,
WI
53525
PC:509(A)(1)
EDUCATIONAL
6,000
COLLEGE OF THE HOLY CROSS
1 COLLEGE STREET
WORCESTER
,
MA
01610
PC:509(A)(1)
EDUCATIONAL
10,000
COLORADO ANIMAL RESCUE
2801 COUNTY ROAD 114
GLENWOOD SPRINGS
,
CO
81601
PC:509(A)(1)
CHARITABLE
1,000
COLORADO HEALTH NETWORK INC
6260 E COLFAX AVE
DENVER
,
CO
80220
PC:509(A)(1)
CHARITABLE
5,000
COLORADO MOUNTAIN CLUB FOUNDATION
710 10TH ST STE 200
GOLDEN
,
CO
80401
PC:509(A)(1)
CHARITABLE
1,000
COMMUNITY AND CONTINUING EDUCATION
8401 WESTFIELD BLVD
INDIANAPOLIS
,
IN
46240
PC:509(A)(1)
CHARITABLE
3,500
COVENTRY CARE CLINIC
PO BOX 104
ELLISON BAY
,
WI
54210
PC:509(A)(1)
CHARITABLE
5,000
DAIS
2102 FORDEM AVENUE
MADISON
,
WI
53704
PC:509(A)(1)
CHARITABLE
5,000
DALLAS ARBORETUM AND BOTANICAL GARD
8525 GARLAND ROAD
DALLAS
,
TX
75218
PC:509(A)(1)
CHARITABLE
5,000
DALLAS THEATER CENTER
2400 FLORA STREET
DALLAS
,
TX
75201
PC:509(A)(1)
CHARITABLE
5,000
DAN'S HANDS EDUCATION FOUNDATION
357 SOUTH MILL VIEW WAY
PONTE VEDRA BEACH
,
FL
32082
PC:509(A)(1)
CHARITABLE
2,500
DICKINSON COLLEGE
28 N COLLEGE STREET
CARLISLE
,
PA
17013
PC:509(A)(1)
EDUCATIONAL
5,000
DIVINE WORD COLLEGE
PO BOX 380
EPWORTH
,
IA
52045
PC:509(A)(1)
EDUCATIONAL
1,000
DR KATE HOSPICE
PO BOX 470
WOODRUFF
,
WI
54568
PC:509(A)(1)
CHARITABLE
2,000
DUCKS UNLIMITED
ONE WATERFOWL WAY
MEMPHIS
,
TN
38120
PC:509(A)(1)
CHARITABLE
50,000
FEED MY STARVING CHILDREN
401 93RD AVENUE NW
COON RAPIDS
,
MN
55433
PC:509(A)(1)
CHARITABLE
7,000
FRIENDS OF THE GTM RESERVE
450 GUANA RIVER ROAD
PONTE VEDRA BEACH
,
FL
32082
PC:509(A)(1)
CHARITABLE
15,000
GARRETT EVANGELICAL THEOLOGICAL
SEMINARY
2121 SHERIDAN ROAD
EVANSTON
,
IL
602012926
PC:509(A)(1)
CHARITABLE
5,000
GILDA RADNER FOUNDATION
1806 BRIDGE STREET
GRAND RAPIDS
,
MI
49504
PC:509(A)(1)
CHARITABLE
5,000
GLADIOLUS FOOD PANTRY
10511 GLADIOLUS DRIVE
FT MYERS
,
FL
33908
PC:509(A)(1)
CHARITABLE
15,000
GOLISANO CHILDRENS HOSPITAL
16451 S HEALTHPARK COMMON
SUITE 200
FORT MEYERS
,
FL
33908
PC:509(A)(1)
CHARITABLE
50,000
GRAPEVINE RELIEF & COMMUNITY
EXCHANGE
837 E WALNUT STREET
GRAPEVINE
,
TX
76051
PC:509(A)(1)
CHARITABLE
10,000
HENRY PREDOLIN SCHOOL OF NURSING
1000 EDGEWOOD COLLEGE DR
MADISON
,
WI
53711
PC:509(A)(1)
CHARITABLE
5,000
HUGS ACROSS THE COUNTRY INC
913 DAVIS ST
101 MARKETPLACE AVENUE
PONTE VEDRA BEACH
,
FL
32081
PC:509(A)(1)
CHARITABLE
3,500
JACKSONVILLE UNIVERSITY
2800 UNIVERSITY BLVD N
JACKSONVILLE
,
FL
32211
PC:509(A)(1)
EDUCATIONAL
25,000
K9'S FOR WARRIORS
114 CAMP K9 ROAD
PONTE VEDRA
,
FL
32081
PC:509(A)(1)
CHARITABLE
5,000
KUCETEKELA FOUNDATION
1220 PARK AVENUE
SUITE 1B
NEW YORK
,
NY
10128
PC:509(A)(1)
CHARITABLE
2,000
LAZARUS HOUSE
214 WALNUT STREET
SAINT CHARLES
,
IL
60174
PC:509(A)(1)
CHARITABLE
1,000
LISA COLAGROSSI FOUNDATION
PO BOX 13
FRANKENMUTH
,
MI
48734
PC:509(A)(1)
CHARITABLE
5,000
LOVE FUTBOL INC
5105 CHEVY CHASE PARKWAY
WASHINGTON
,
DC
20008
PC:509(A)(1)
CHARITABLE
5,000
LYMPHOMA RESEARCH FOUNDATION
115 BROADWAY SUITE 1301
NEW YORK
,
NY
10006
PC:509(A)(1)
MEDICAL
10,000
MANITOWISH WATERS HISTORICAL
SOCIETY
PO BOX 100 HWY 51
MANITOWISH WATERS
,
WI
54545
PC:509(A)(1)
CHARITABLE
2,000
MAX MCGRAW WILDLIFE FOUNDATION
14N322 ILLINOIS 25
EAST DUNDEE
,
IL
60118
PC:509(A)(1)
CHARITABLE
32,500
MEDICAL BENEVOLENCE FUND
PO BOX 9877
WASHINGTON
,
DC
20090
PC:509(A)(1)
CHARITABLE
5,000
MI CASA RESOURCE CENTER
345 SOUTH GROVE
DENVER
,
CO
80219
PC:509(A)(1)
CHARITABLE
5,000
NASHVILLE BIBLICAL STUDIES
1716 BLUELAKE COURT
FRANKLIN
,
TN
37064
PC:509(A)(1)
RELIGIOUS
5,000
NORTH LAKELAND DISCOVERY CENTER
PO BOX 237
MANITOWISH WATERS
,
WI
54545
PC:509(A)(1)
CHARITABLE
80,000
NORTHSHORE INTEGRATIVE MEDICINE
PHILANTHROPY DEPT
1033 UNIVERSITY PLACE 450
EVANSTON
,
IL
60201
PC:509(A)(1)
CHARITABLE
5,000
NORTHWEST COMMUNITY HEALTHCARE
3060 W SALT CREEK LANE
ARLINGTON HEIGHTS
,
IL
60005
PC:509(A)(1)
CHARITABLE
50,000
NPH USA
134 N LA SALLE STREET
CHICAGO
,
IL
606021036
PC:509(A)(1)
CHARITABLE
5,000
OPERATION FREEDOM INC
133 INDIANA STREET
PARK FOREST
,
IL
60466
PC:509(A)(1)
CHARITABLE
5,000
OREGON PUBLIC LIBRARY
256 BROOK STREET
OREGON
,
WI
53575
PC:509(A)(1)
EDUCATIONAL
10,000
OREGON SCHOOL DISTRICT
123 E GROVE ST
OREGON
,
WI
53575
PC:509(A)(1)
EDUCATIONAL
10,000
OUR REDEEMER LUTHERAN SCHOOL
1701 MCKENNA BOULEVARD
MADISON
,
WI
53711
PC:509(A)(1)
CHARITABLE
10,000
OVERALL CREEK ELEMENTARY
429 OTTER TRAIL
MURFREESBORO
,
TN
37128
PC:509(A)(1)
EDUCATIONAL
5,000
OVERTURE CENTER FOR THE ARTS
201 STATE STREET
MADISON
,
WI
53703
PC:509(A)(1)
EDUCATIONAL
5,000
PATRIOTS 4 INC
10500 HUME ROAD
MARSHALL
,
VA
20115
PC:509(A)(1)
CHARITABLE
5,000
PEACE DRAGON
104 KENNET ROAD
OLD HICKORY
,
TN
37138
PC:509(A)(1)
CHARITABLE
20,000
PKT ENTERPRISES
1500 FILLMORE ST NE
SUITE 150
MINNEAPOLIS
,
MN
55413
PC:509(A)(1)
CHARITABLE
4,000
PONTE VEDRA YMCA
170 LANDRUM LANE
PONTE VEDRA
,
FL
32082
PC:509(A)(1)
CHARITABLE
20,000
PREECLAMPSIA FOUNDATION
3840 W EAU GALLIE BLVD
MELBOURNE
,
FL
32934
PC:509(A)(1)
CHARITABLE
5,000
PROJECT ANGEL HEART INC
4950 WASHINGTON STREET
DENVER
,
CO
80216
PC:509(A)(1)
CHARITABLE
5,000
PROSPECT VALLEY ELEMENTARY
SCHOOL PTA
34 PIERSON STREET
WHEAT RIDGE
,
CO
80216
PC:509(A)(1)
CHARITABLE
1,000
RAVINIA ANNUAL FUND
412 SHERIDAN ROAD
HIGHLAND PARK
,
IL
60035
PC:509(A)(1)
CHARITABLE
30,000
READING POWER
736 N WESTERN AVENUE
LAKE FOREST
,
IL
60045
PC:509(A)(1)
CHARITABLE
3,000
REPS
PO BOX 773324
STEAMBOAT SPRINGS
,
CO
80477
PC:509(A)(1)
CHARITABLE
5,000
RISE INC
8406 SUNSET ROAD NE
SPRING LAKE PARK
,
MN
55432
PC:509(A)(1)
CHARITABLE
4,000
RONALD MCDONALD HOUSE CHARITIES
OF CENTRAL OHIO
711 E LIVINGSTON AVENUE
COLUMBUS
,
OH
43205
PC:509(A)(1)
CHARITABLE
5,000
SANIBEL CAPTIVA CONSERVATION
FOUNDATION
3333 SANIBEL CAPTIVA ROAD
SANIBEL
,
FL
33957
PC:509(A)(1)
CHARITABLE
43,000
SCHOLL COMMUNITY IMPACT GROUP
6003 OLD COUNTY W
WINCHESTER
,
WI
54557
PC:509(A)(1)
CHARITABLE
7,500
SCRIPTURAL STUDY GROUPS
PO BOX 29125
COLUMBUS
,
OH
43229
PC:509(A)(1)
CHARITABLE
5,000
SEACOLOGY
1623 SOLANO AVENUE
BERKELEY
,
CA
94707
PC:509(A)(1)
CHARITABLE
2,000
SEAMARK RANCH
1 SAN JOSE PLACE STE 31
JACKSONVILLE
,
FL
32257
PC:509(A)(1)
CHARITABLE
25,000
SOLDIERS FREEDOM OUTDOORS INC
PO BOX 336
HAWTHORNE
,
FL
32640
PC:509(A)(1)
CHARITABLE
5,000
ST JAMES THE LESS MEMORIAL GARDEN
550 SUNSET RIDGE ROAD
NORTHFIELD
,
IL
60093
PC:509(A)(1)
CHARITABLE
5,000
ST THOMAS RUTHERFORD FOUNDATION
1700 MEDICAL CENTER PKWY
MURFREESBORO
,
TN
37129
PC:509(A)(1)
CHARITABLE
15,000
STOBER ELEMENTARY SCHOOL PTA
2300 URBAN STREET
LAKEWOOD
,
CO
80215
PC:509(A)(1)
EDUCATIONAL
2,000
TEAM RUBICON
1509 16TH ST NW
WASHINGTON
,
DC
20036
PC:509(A)(1)
CHARITABLE
5,000
THE CORAL REEF ALLIANCE
1330 BROADWAY
SUITE 1602
OAKLAND
,
CA
94612
PC:509(A)(1)
CHARITABLE
2,000
THE FIRST TEE OF GREATER DALLAS
16200 ADDISON ROAD
ADDISON
,
TX
75001
PC:509(A)(1)
CHARITABLE
5,000
TICE FIRE DEPARTMENT
9351 WORKMEN WAY
FORT MYERS
,
FL
33905
PC:509(A)(1)
CHARITABLE
3,000
TKE EDUCATIONAL FOUNDATION
7439 WOODLAND DRIVE
INDIANAPOLIS
,
IN
46278
PC:509(A)(1)
CHARITABLE
3,000
TWIN CITIES PET RESCUE
PO BOX 28245
ST PAUL
,
MN
55128
PC:509(A)(1)
CHARITABLE
7,000
UNION LEAGUE BOYS & GIRLS CLUB
65 W JACKSON BLVD
CHICAGO
,
IL
60604
PC:509(A)(1)
CHARITABLE
3,000
UNION RIDGE CEMETERY ASSOCIATION
6700 W HIGGINS ROAD
CHICAGO
,
IL
60656
PC:509(A)(1)
CHARITABLE
1,000
UNITED WAY - LEE COUNTY
7273 CONCOURSE DRIVE
FT MYERS
,
FL
339082644
PC:509(A)(1)
CHARITABLE
8,500
UNIVERSITY OF WISCONSIN FOUNDATION
1848 UNIVERSITY AVENUE
MADISON
,
WI
537264090
PC:509(A)(1)
EDUCATIONAL
5,000
VISITING NURSE & HOSPICE OF
FAIRFIELD COUNTY INC
22 DANBURY ROAD
WILTON
,
CT
06851
PC:509(A)(1)
CHARITABLE
2,500
WIND WALKERS THERAPEUTIC RIDING
1030 CR 102 PO BOX 504
CARBONDALE
,
CO
81623
PC:509(A)(1)
CHARITABLE
20,000
WISCONSIN BIBLE FELLOWSHIP
720 E KEARNEY STREET
SPRINGFIELD
,
MO
65803
PC:509(A)(1)
RELIGIOUS
10,000
WISCONSIN'S GREEN FIRE
PO BOX 1206
RHINELANDER
,
WI
54501
PC:509(A)(1)
CHARITABLE
2,000
WOODLANDS ACADEMY
760 E WESTLEIGH ROAD
LAKE FOREST
,
IL
60045
PC:509(A)(1)
EDUCATIONAL
32,000
Total
.................................
3a
976,000
b
Approved for future payment
Total
.................................
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees 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
449,248
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not 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
498,062
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
LOGAN STONE
18
58,821
b
FIXED INCOME OPPORT QP
18
-55,661
c
FIXED INCOME OPPORTUNITY
525990
4,145
18
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
4,145
950,470
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
954,615
(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
(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?
...........
Yes
No
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.
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
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description