Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
DUDLEY AND CONSTANCE GODFREY
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 510260
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532030054
A Employer identification number

39-1562846
B Telephone number (see instructions)

(414) 273-3500
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$20,335,294J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 877,185
2 Check bullet.............
3 Interest on savings and temporary cash investments 890 890  
4 Dividends and interest from securities... 296,406 296,406  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 175,702
b Gross sales price for all assets on line 6a 9,885,607
7 Capital gain net income (from Part IV, line 2)... 175,702
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........ 1,350,183 472,998  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,256 0   2,256
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 75,588 75,588   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 21,480 8,092   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,507 3,507   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 102,831 87,187   2,256
25 Contributions, gifts, grants paid....... 633,250 633,250
26 Total expenses and disbursements. Add lines 24 and 25 736,081 87,187   635,506
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 614,102
b Net investment income (if negative, enter -0-) 385,811
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 2,322,624 4,201,645 4,201,645
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 8,830,606 Click to see attachment7,476,780 7,498,041
b Investments—corporate stock (attach schedule)....... 3,397,682 Click to see attachment3,487,101 8,631,461
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment0 2,882
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment20,527 Click to see attachment20,015 Click to see attachment1,265
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,571,439 15,185,541 20,335,294
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 14,571,439 15,185,541
29 Total net assets or fund balances (see instructions)..... 14,571,439 15,185,541
30 Total liabilities and net assets/fund balances (see instructions). 14,571,439 15,185,541
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
14,571,439
2
Enter amount from Part I, line 27a .....................
2
614,102
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
15,185,541
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
15,185,541
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b WELLS FARGO - SECURITY LITIGATION PROCEEDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,885,590   9,709,905 175,685
b 17     17
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       175,685
b       17
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 175,702
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 5,363
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 5,363
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,363
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,520
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,520
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,157
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,157 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? 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. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletGODFREY FAMILY OFFICE Telephone no.bullet (414) 287-9379

    Located atbullet833 E MICHIGAN STREET SUITE 1800MILWAUKEEWI ZIP+4bullet532025615
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DUDLEY J GODFREY III PRESIDENT, DIRECTOR
    1.00     		0 0 0
    833 E MICHIGAN STREET SUITE 1800
    MILWAUKEE,WI532025615
    ADAM P GODFREY VICE-PRESIDENT, DIRECTOR
    1.00     		0 0 0
    833 E MICHIGAN STREET SUITE 1800
    MILWAUKEE,WI532025615
    J GARDNER GOVAN SECRETARY, DIRECTOR
    1.00     		0 0 0
    833 E MICHIGAN STREET SUITE 1800
    MILWAUKEE,WI532025615
    SUE E CHRISTENSEN TREASURER, DIRECTOR
    2.00     		0 0 0
    833 E MICHIGAN STREET SUITE 1800
    MILWAUKEE,WI532025615
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    GARDNER RUSSO & GARDNER INVESTMENT MANAGEMENT SERVICES 75,088
    233 EAST CHESTNUT STREET
    LANCASTER,PA17602
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    16,418,050
    b
    Average of monthly cash balances.......................
    1b
    2,398,219
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,250
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,817,519
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    18,817,519
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    282,263
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    18,535,256
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    926,763
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    926,763
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,363
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,363
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    921,400
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    921,400
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    921,400
    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
    635,506
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    635,506
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    635,506
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 921,400
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 635,506
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 635,506
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		285,894
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALANO FOUNDATION
    1521 N PROSPECT AVENUE
    MILWAUKEE,WI53202     		NONE PC CHARITABLE 1,500
    AMERICAN JUNIOR GOLF FOUNDATION INC
    1980 SPORTS CLUB DRIVE
    BRASELTON,GA305179902     		NONE PC CHARITABLE 2,000
    BACKSTRETCH EMPLOYEE SERVICE TEAM OF NEW YORK INC
    2150 HEMPSTEAD TURNPIKE GATE 6
    COTTAGE 28B
    ELMONT,NY11003     		NONE PC CHARITABLE 5,000
    BIG BROTHERS-BIG SISTERS OF METRO MILWAUKEE
    788 N JEFFERSON ST SUITE 600
    MILWAUKEE,WI532023739     		NONE PC CHARITABLE 1,000
    BLUE COATS FOUNDATION INC
    PO BOX 2035
    MILWAUKEE,WI532012035     		NONE PC CHARITABLE 6,000
    BLUE LOTUS FARM & RETREAT CENTER
    5501 COUNTY ROAD M
    WEST BEND,WI53095     		NONE PC CHARITABLE 500
    BONEFISH & TARPON TRUST INC
    2937 SW 27TH AVENUE SUITE 203
    MIAMI,FL33133     		NONE PC ENVIRONMENTAL 5,000
    CAMP MANITO-WISH YMCA
    PO BOX 246
    BOULDER JUNCTION,WI545120246     		NONE PC CHARITABLE 3,000
    CAPTAIN FREDERICK PABST MANSION
    2000 W WISCONSIN AVENUE
    MILWAUKEE,WI532332043     		NONE PC CULTURAL 3,000
    CHURCH OF ST THOMAS MORE
    65 EAST 89TH STREET
    NEW YORK,NY10128     		NONE PC RELIGIOUS 5,000
    COMMON GOOD INSTITUTE INC
    PO BOX 8536
    NEW YORK,NY101508536     		NONE PC CHARITABLE 2,000
    DARTMOUTH COLLEGE
    100 TUCK HALL
    HANOVER,NH037559000     		NONE PC EDUCATIONAL 15,000
    DECORATIVE ARTS SOCIETY INC
    333 E 69TH STREET APT 8E
    NEW YORK,NY100215556     		NONE PC CULTURAL 500
    DECORATIVE ARTS TRUST
    203 W STATE STREET SUITE 300
    MEDIA,PA19063     		NONE PC CULTURAL 500
    DOMINICAN HIGH SCHOOL
    120 E SILVER SPRING DRIVE
    WHITEFISH BAY,WI53217     		NONE PC EDUCATIONAL 1,000
    FASD COMMUNITIES
    1516 AVON WAY
    HONOLULU,HI96822     		NONE PC CHARITABLE 2,000
    FEEDING AMERICA EASTERN WISCONSIN
    1700 W FOND DU LAC AVENUE
    MILWAUKEE,WI532051299     		NONE PC CHARITABLE 9,500
    FISHER HOUSE WISCONSIN
    5000 W NATIONAL AVENUE
    MILWAUKEE,WI532950001     		NONE PC CHARITABLE 7,500
    FLEISCHER FOUNDATION
    4334 N HAZEL ST SUITE 405
    CHICAGO,IL60613     		NONE PC CHARITABLE 15,000
    FOR THE LOVE OF CATS INC
    PO BOX 1777
    MARCO ISLAND,FL34146     		NONE PC CHARITABLE 2,000
    FOREST HOME HISTORIC PRESERVATION ASSOCIATION INC
    2405 W FOREST HOME AVENUE
    MILWAUKEE,WI53215     		NONE PC HISTORICAL 10,000
    FRIENDS OF BOERNER BOTANICAL GARDENS
    9400 BOERNER DRIVE SUITE 1
    HALES CORNERS,WI53130     		NONE PC ENVIRONMENTAL 3,000
    FRIENDS OF SCHLITZ AUDUBON NATURE CENTER
    1111 EAST BROWN DEER ROAD
    MILWAUKEE,WI53217     		NONE PC ENVIRONMENTAL 1,500
    FRIENDS OF VILLA TERRACE DECORATIVE ARTS MUSEUM
    2220 NORTH TERRACE AVENUE
    MILWAUKEE,WI53202     		NONE PC CULTURAL 4,000
    FRIENDS OF WISCONSIN HISTORICAL SOCIETY
    816 STATE STREET
    MADISON,WI537061417     		NONE PC HISTORICAL 1,000
    GARY SINISE FOUNDATION
    PO BOX 368
    WOODLAND HILLS,CA91365     		NONE PC CHARITABLE 10,000
    GUNSTON HALL REGENTS FUND
    10709 GUNSTON ROAD
    MASON NECK,VA22079     		NONE PC HISTORICAL 6,000
    HISTORIC CHARLESTON FOUNDATION
    PO BOX 1120
    CHARLESTON,SC294021120     		NONE PC HISTORICAL 500
    HISTORIC DEERFIELD INC
    PO BOX 321
    DEERFIELD,MA01342     		NONE PC HISTORICAL 25,000
    JUNIOR LEAGUE OF MILWAUKEE
    1060 E JUNEAU AVENUE
    MILWAUKEE,WI53202     		NONE PC CHARITABLE 750
    LAKE PARK FRIENDS
    PO BOX 71197
    MILWAUKEE,WI53211     		NONE PC ENVIRONMENTAL 16,000
    LAYTON ART COLLECTION
    353 N CLARK STREET
    CHICAGO,IL606543456     		NONE PC CULTURAL 23,000
    MAKE-A-WISH FOUNDATION OF AMERICA INC
    1702 EAST HIGHLAND AVE SUITE 400
    PHOENIX,AZ85016     		NONE PC CHARITABLE 5,000
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY101300430     		NONE PC CULTURAL 3,000
    MILWAUKEE ART MUSEUM
    700 N ART MUSEUM DRIVE
    MILWAUKEE,WI532023200     		NONE PC CULTURAL 72,000
    MILWAUKEE COUNTY HISTORICAL SOCIETY
    910 N OLD WORLD THIRD STREET
    MILWAUKEE,WI53203     		NONE PC HISTORICAL 9,500
    MILWAUKEE INSTITUTE OF ART & DESIGN INC
    273 E ERIE STREET
    MILWAUKEE,WI532026003     		NONE PC EDUCATIONAL 1,000
    MILWAUKEE PUBLIC MUSEUM
    800 WEST WELLS STREET
    MILWAUKEE,WI532331478     		NONE PC CULTURAL 2,500
    MILWAUKEE RESCUE MISSION
    830 N 19TH STREET
    MILWAUKEE,WI53233     		NONE PC CHARITABLE 9,500
    MILWAUKEE SCHOOL OF ENGINEERING
    1025 N BROADWAY
    MILWAUKEE,WI532023109     		NONE PC EDUCATIONAL 10,000
    MOUNT VERNON LADIES ASSOCIATION OF THE UNION INC
    PO BOX 110
    MT VERNON,VA221210110     		NONE PC HISTORICAL 1,000
    MUSEUM OF FINE ARTS
    465 HUNTINGTON AVENUE
    BOSTON,MA021159965     		NONE PC CULTURAL 2,000
    NAPLES TAKE A SOLDIER FISHING INC
    3575 19TH AVE SW
    NAPLES,FL34717     		NONE PC CHARITABLE 4,500
    NATIONAL COURT APPOINTED SPECIAL ADVOCATE ASSOCIATION
    100 W HARRISON ST NORTH TOWER SUITE
    500
    SEATTLE,WA98119     		NONE PC CHARITABLE 5,000
    NATIONAL SOCIETY OF COLONIAL DAMES OF AMERICA
    2715 Q STREET NW
    WASHINGTON,DC20007     		NONE PC HISTORICAL 1,000
    NATIONAL TRUST FOR HISTORIC PRESERVATION
    2600 VIRGINIA AVE NW SUITE 1100
    WASHINGTON,DC20037     		NONE PC HISTORICAL 5,000
    NATIONAL WORLD WAR II MUSEUM
    945 MAGAZINE STREET
    NEW ORLEANS,LA70130     		NONE PC HISTORICAL 2,000
    NEIGHBORHOOD HOUSE OF MILWAUKEE INC
    2819 W RICHARDSON PLACE
    MILWAUKEE,WI532083546     		NONE PC CHARITABLE 3,000
    NEW YORK CENTER FOR AUTISM CHARTER SCHOOL
    433 EAST 100TH STREET
    NEW YORK,NY10029     		NONE PC EDUCATIONAL 5,000
    NEW YORK COMMON PANTRY
    8 E 109TH STREET
    NEW YORK,NY10029     		NONE PC CHARITABLE 2,000
    NEXT ACT THEATRE INC
    PO BOX 394
    MILWAUKEE,WI532011997     		NONE PC CULTURAL 1,000
    NORTH POINT LIGHTHOUSE FRIENDS INC
    2650 N WAHL AVENUE
    MILWAUKEE,WI53211     		NONE PC HISTORICAL 1,000
    OLD FRIENDS INC
    184 PAYNES DEPOT ROAD
    GEORGETOWN,KY40324     		NONE PC CHARITABLE 4,000
    OLD SALEM INC
    600 SOUTH MAIN STREET
    WINSTONSALEM,NC27101     		NONE PC HISTORICAL 1,000
    OLD STURBRIDGE VILLAGE INC
    ONE OLD STURBRIDGE VILLAGE ROAD
    STURBRIDGE,MA015661198     		NONE PC HISTORICAL 1,000
    OLD WORLD WISCONSIN FOUNDATION
    229 E MAIN STREET
    EAGLE,WI53119     		NONE PC HISTORICAL 1,000
    OUR NEXT GENERATION INC
    3421 W LISBON AVENUE
    MILWAUKEE,WI53208     		NONE PC CHARITABLE 2,500
    PENFIELD CHILDRENS CENTER
    833 N 26TH STREET
    MILWAUKEE,WI532331599     		NONE PC CHARITABLE 1,000
    PERMANENTLY DISABLED JOCKEYS FUND
    PO BOX 803
    ELMHURST,IL60126     		NONE PC CHARITABLE 4,000
    PRESERVE OUR PARKS INC
    PO BOX 13881
    WAUWATOSA,WI53213     		NONE PC ENVIRONMENTAL 1,000
    PURPLE MARTIN CONSERVATION ASSOC
    301 PENINSULA DRIVE SUITE 6
    ERIE,PA16505     		NONE PC ENVIRONMENTAL 3,000
    RIVEREDGE NATURE CENTER INC
    PO BOX 26
    NEWBURG,WI530600026     		NONE PC ENVIRONMENTAL 2,000
    RUMSEY HALL SCHOOL
    201 ROMFORD ROAD
    WASHINGTON DEPOT,CT06794     		NONE PC EDUCATIONAL 2,000
    SALVATION ARMY OF WISCONSIN
    PO BOX 26019
    WAUWATOSA,WI532260019     		NONE PC CHARITABLE 12,000
    SHARP LITERACY INC
    5775 N GLEN PARK ROAD 202
    MILWAUKEE,WI532094480     		NONE PC EDUCATIONAL 6,000
    SHRINERS HOSPITALS FOR CHILDREN
    2900 ROCKY POINT DRIVE
    TAMPA,FL33607     		NONE PC CHARITABLE 5,000
    SIXTEENTH STREET COMMUNITY HEALTH CENTER
    1032 S CESAR CHAVEZ DRIVE
    MILWAUKEE,WI53204     		NONE PC CHARITABLE 10,000
    SMILE TRAIN INC
    633 THIRD AVENUE 9TH FLOOR
    NEW YORK,NY10017     		NONE PC CHARITABLE 5,000
    SNACK & FRIENDS INC
    316 EAST 53RD STREET
    NEW YORK,NY10022     		NONE PC CHARITABLE 2,000
    SOJOURNER FAMILY PEACE CENTER
    PO BOX 080319
    MILWAUKEE,WI53208     		NONE PC CHARITABLE 5,000
    ST ANDREWS SCHOOL
    350 NOXONTOWN ROAD
    MIDDLETON,DE19709     		NONE PC EDUCATIONAL 25,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    PO BOX 1893
    MEMPHIS,TN381019950     		NONE PC CHARITABLE 7,000
    ST PAULS EPISCOPAL CHURCH
    914 E KNAPP STREET
    MILWAUKEE,WI53202     		NONE PC RELIGIOUS 48,000
    STARS & STRIPES HONOR FLIGHT INC
    PO BOX 867
    MENOMONEE FALLS,WI53052     		NONE PC HISTORICAL 6,000
    THE GATHERING OF SOUTHEAST WISCONSIN INC
    804 E JUNEAU AVENUE
    MILWAUKEE,WI53202     		NONE PC CHARITABLE 9,500
    THE GEORGE WASHINGTON FOUNDATION
    1201 WASHINGTON AVENUE
    FREDERICKSBURG,VA22401     		NONE PC HISTORICAL 1,000
    UNITED PERFORMING ARTS FUND
    301 W WISCONSIN AVE SUITE 600
    MILWAUKEE,WI53203     		NONE PC CULTURAL 5,000
    UNIVERSITY OF MICHIGAN LAW SCHOOL
    701 S STATE STREET
    ANN ARBOR,MI481093091     		NONE PC EDUCATIONAL 2,500
    UNIVERSITY SCHOOL OF MILWAUKEE
    2100 W FAIRY CHASM ROAD
    MILWAUKEE,WI53217     		NONE PC EDUCATIONAL 25,000
    VERSITI WISCONSIN INC
    PO BOX 2178
    MILWAUKEE,WI532012178     		NONE PC SCIENTIFIC 1,000
    WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER
    PO BOX 571021
    WINSTONSALEM,NC271571021     		NONE PC CHARITABLE 10,000
    WAKE FOREST UNIVERSITY
    BOX 7227
    WINSTONSALEM,NC27109     		NONE PC EDUCATIONAL 30,000
    WAUWATOSA HISTORICAL SOCIETY INC
    7406 HILLCREST DRIVE
    WAUWATOSA,WI532132226     		NONE PC HISTORICAL 3,000
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHERN BLVD
    BRONX,NY104601068     		NONE PC ENVIRONMENTAL 20,000
    WINTERTHUR MUSEUM
    RTE 52 KENNETT PIKE
    WINTERTHUR,DE197359989     		NONE PC HISTORICAL 9,000
    WISCONSIN HISTORICAL FOUNDATION INC
    816 STATE STREET
    MADISON,WI537061417     		NONE PC HISTORICAL 1,000
    WOMANS CLUB OF WISCONSIN FOUNDATION
    813 EAST KILBOURN AVENUE
    MILWAUKEE,WI53202     		NONE PC CHARITABLE 1,000
    ZOOLOGICAL SOCIETY OF MILWAUKEE
    10500 W BLUEMOUND ROAD
    MILWAUKEE,WI532264383     		NONE PC CULTURAL 29,000
    Total .................................bullet 3a 633,250
    bApproved for future payment
    HISTORIC DEERFIELD INC
    PO BOX 321
    DEERFIELD,MA01342     		NONE PC AMERICA'S TOWN, AMERICA'S STORY CAMPAIGN 50,000
    Total .................................bullet 3b 50,000
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 890  
    4 Dividends and interest from securities....     14 296,406  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 175,702  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 472,998 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    472,998
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    DUDLEY AND CONSTANCE GODFREY
    FOUNDATION INC
    Employer identification number

    39-1562846
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    DUDLEY AND CONSTANCE GODFREY
    FOUNDATION INC         		Employer identification number
    39-1562846
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    DUDLEY J GODFREY JR CHARITABLE LEAD TRUST #1
     
    PO BOX 510260
     
    MILWAUKEE, WI532030054

    		$ 590,956


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    CONSTANCE P GODFREY CHARITABLE LEAD TRUST #1
     
    PO BOX 510260
     
    MILWAUKEE, WI532030054

    		$ 286,229


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    DUDLEY AND CONSTANCE GODFREY
    FOUNDATION INC         		Employer identification number

    39-1562846
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    DUDLEY AND CONSTANCE GODFREY
    FOUNDATION INC         		Employer identification number

    39-1562846
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DUDLEY AND CONSTANCE GODFREY
     
    FOUNDATION INC
    EIN:
    39-1562846
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET INC. CL C 488,467 656,955
    ANHEUSER-BUSCH INBEV SA NV SHS 375,537 313,648
    BERKSHIRE HATHAWAY INC CL A 94,258 695,630
    BERKSHIRE HATHAWAY INC CL B 150,739 515,911
    BROWN FORMAN CORP CL A 14,787 80,817
    BROWN FORMAN CORP CL B 102,366 317,720
    CABLE ONE INC. 83,815 86,881
    CHASE (JP MORGAN) & CO. 309,754 432,038
    CIE FINANCIERE RICHEMONT AG A 281,238 508,758
    COMCAST CORP CL A 93,118 264,620
    HEINEKEN HOLDING NV 196,575 596,119
    MARTIN MARIETTA MATERIALS INC 61,930 289,365
    MASTERCARD INC CL A 85,730 1,200,746
    NESTLE SA SPONS ADR 226,135 950,646
    PERNOD RICARD ORD 269,686 618,841
    PHILIP MORRIS INTERNATIONAL INC 352,598 583,670
    UNILEVER NV NY SHS 300,368 519,096

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    DUDLEY AND CONSTANCE GODFREY
     
    FOUNDATION INC
    EIN:
    39-1562846
    US Government Securities - End of Year Book Value:

    7,476,780
    US Government Securities - End of Year Fair Market Value:

    7,498,041
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    DUDLEY AND CONSTANCE GODFREY
     
    FOUNDATION INC
    EIN:
    39-1562846
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COMPAGNIE FINANCIERE RICHEMONT WARRANTS FMV 0 2,882

    TY 2020 LegalFeesSchedule
    Name:
    DUDLEY AND CONSTANCE GODFREY
     
    FOUNDATION INC
    EIN:
    39-1562846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GODFREY & KAHN, S.C. - LEGAL FEES 2,256 0   2,256


    TY 2020 OtherAssetsSchedule
    Name:
    DUDLEY AND CONSTANCE GODFREY
     
    FOUNDATION INC
    EIN:
    39-1562846
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PILGRIM CENTURY STYLE TURNED CARVED AND JOINED OAK & MAPLE CABNT (2002.0901) 3,500 3,500 500
    CHIPPENDALE MAPLE BEDSTEAD (1977.0309) 7,000 7,000 200
    PILGRIM CENTURY TURNED AND JOINED MAPLE TABLE (9999.0387) 3,500 3,500 50
    PILGRIM CENTURY TURNED & JOINED OAK, MAPLE & PINE COURT CUPBOARD (1993.0628) 6,000 6,000 500
    PROVIDENT TRUST CO - INCOME RECEIVABLE 527 15 15


    TY 2020 OtherExpensesSchedule
    Name:
    DUDLEY AND CONSTANCE GODFREY
     
    FOUNDATION INC
    EIN:
    39-1562846
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CHUBB INSURANCE - FINE ARTS INSURANCE 50 50   0
    FOREIGN DIVIDEND FEES 1,230 1,230   0
    CUSTODY FEES 2,268 2,268   0
    CHUBB INSURANCE - REFUND ON FINE ARTS INSURANCE PREMIUM -41 -41   0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DUDLEY AND CONSTANCE GODFREY
     
    FOUNDATION INC
    EIN:
    39-1562846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GARDNER RUSSO & GARDNER - INVESTMENT MANAGEMENT FEES 75,088 75,088   0
    SOTHEBY'S - APPRAISAL FEE 500 500   0


    TY 2020 SubstantialContributorsSch
    Name:
    DUDLEY AND CONSTANCE GODFREY
     
    FOUNDATION INC
    EIN:
    39-1562846
    Name Address
    CONSTANCE P GODFREY CHARITABLE LEAD TRUST
          		PO BOX 510260
    MILWAUKEE,WI532030054


    TY 2020 TaxesSchedule
    Name:
    DUDLEY AND CONSTANCE GODFREY
     
    FOUNDATION INC
    EIN:
    39-1562846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PRIVATE FOUNDATION EXCISE TAX - ESTIMATED TAX PAYMENTS 7,520 0   0
    PRIVATE FOUNDATION EXCISE TAX - BALANCE DUE 5,868 0   0
    FOREIGN TAXES PAID 8,092 8,092   0