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
BIERMAN FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1400 W TAYLOR ST PO BOX 375
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MERRILL, WI544520375
A Employer identification number

39-1673472
B Telephone number (see instructions)

(715) 536-2461
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$43,494,409J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 774,234 774,234  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,449,616
b Gross sales price for all assets on line 6a 13,326,250
7 Capital gain net income (from Part IV, line 2)... 2,449,616
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........ 3,223,850 3,223,850  
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 12,299 0   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest............... 353 353   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,642 15,642   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,605 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 354,155 352,917   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 386,054 368,912   0
25 Contributions, gifts, grants paid....... 4,476,788 4,476,788
26 Total expenses and disbursements. Add lines 24 and 25 4,862,842 368,912   4,476,788
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,638,992
b Net investment income (if negative, enter -0-) 2,854,938
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......... 107,759 14,264 14,264
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)      
b Investments—corporate stock (attach schedule)....... 17,434,230 Click to see attachment15,941,163 27,600,845
c Investments—corporate bonds (attach schedule)....... 9,499,730 Click to see attachment9,202,210 9,349,983
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,437,922 Click to see attachment5,625,608 6,529,317
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,479,641 30,783,245 43,494,409
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 32,479,641 30,783,245
29 Total net assets or fund balances (see instructions)..... 32,479,641 30,783,245
30 Total liabilities and net assets/fund balances (see instructions). 32,479,641 30,783,245
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
32,479,641
2
Enter amount from Part I, line 27a .....................
2
-1,638,992
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
30,840,649
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
57,404
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
30,783,245
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 AT&T INC COM 3,200.000 P 2019-09-13 2020-08-20
b FEDEX CORP COM 580.000 P 2019-07-23 2020-01-03
c LORD ABBETT INFL FOCUSED BOND FUND 1,035 P 2020-02-28 2020-03-24
d MARATHON PETROLEUM 1,650.000 P 2019-03-28 2020-02-28
e ALPHABET INC 63.000 P 2014-04-28 2020-10-26
APPLE INC 640 P 2013-06-04 2020-08-20
BERKSHIRE HATHAWAY INC 445 P 2013-07-01 2020-12-17
BK OF AMERICA CORP 7,300.000 P 2016-04-14 2020-09-02
CITIGROUP INC 3,025 P 2017-08-01 2020-09-02
COLUMBIA CONTRARIAN CORE FUND CL I23,968 P 2016-08-08 2020-08-11
COLUMBIA DIVIDEND INCOME FUND CL I2 1,017.501 P 2019-05-23 2020-10-15
DELTA AIR LINES INC 2,275 P 2016-07-12 2020-03-11
DOUBLELINE TOTAL RETURN BOND FD CL I, 23,263 P 2012-08-22 2020-12-17
FIRST TR VALUE LINE DIVID INDE SHS 8,740 P 2018-12-12 2020-12-17
INVESCO DEVELOPING MARKETS R6 7,085 P 2017-05-02 2020-11-19
INVESCO EQUALLY - WEIGHTED S&P 500 R6 4,284 P 2014-08-05 2020-08-11
ISHARES EDGE MSCI MIN VOL EAFE ETF 3,100 P 2016-03-07 2020-03-24
LORD ABBETT INFL FOCUSED BOND FUND I 22,325 P 2019-02-28 2020-03-24
LORD ABBETT SHORT DURATION INCOME CL I, 112,000 P 2018-03-27 2020-06-29
MERCK & CO INC 1,115 P 2012-08-20 2020-04-21
PFIZER INC 2,915 P 2015-10-19 2020-03-31
ROYAL DUTCH SHELL 3,960 P 2018-08-06 2020-05-01
SPDR DOW JONES INDL AVERAGE ETF 1,500 P 2015-09-17 2020-03-24
T ROWE PRICE CAPITALAPPRECIATION 4,510 P 2013-07-12 2020-08-11
UNION PAC CORP 925 P 2012-08-20 2020-12-17
VANECK VECTORS ETF TR INVT GRADE FLTG 23,575 P 2018-03-27 2020-12-17
VANGUARD INDEX FDS VANGUARD TOTAL STK MK 615 P 2012-09-06 2020-07-15
VANGUARD INSTL INDEXINSTL CLASS 1,507 P 2015-12-08 2020-05-29
VANGUARD MID CAP INDEX ADMIRAL SHS 331 P 2014-02-20 2020-10-26
VANGUARD SHORT TERM INVMT GRADE ADMIRAL 32,824 P 2013-07-18 2020-11-19
FIDELITY WASH SALE - DISALLOWED LOSS P 2020-01-01 2020-12-31
WABTEC CORP 500 P 2019-05-16 2020-03-18
WABTEC CORP 1,000 P 2019-08-12 2020-03-18
WABTEC CORP 500 P 2019-12-11 2020-03-18
ALIBABA GROUP 200 P 2019-11-11 2020-09-09
NESTL S A 500 P 2013-05-13 2020-01-14
APPLE INC 100 P 2012-11-09 2020-01-15
DEXCOM INC 100 P 2017-12-14 2020-01-15
FASTENAL CO 1,000 P 2017-10-16 2020-01-15
APPLE INC 200 P 2012-11-09 2020-02-12
APTARGROUP INC 200 P 2012-11-09 2020-02-12
DEXCOM INC 150 P 2017-12-14 2020-02-12
DISNEY WALT HOLDINGS CO 250 P 2016-04-14 2020-02-12
JOHNSON & JOHNSON 300 P 2012-08-14 2020-02-12
MICROSOFT CORP 150 P 2017-12-14 2020-02-12
NESTL S A 500 P 2013-05-13 2020-02-12
NOVARTIS A G 350 P 2012-08-14 2020-02-12
NOVARTIS A G 150 P 2012-09-13 2020-02-12
PROCTER & GAMBLE CO 250 P 2013-05-13 2020-02-12
PROCTER & GAMBLE CO 250 P 2013-04-17 2020-02-12
XYLEM INC 400 P 2013-09-06 2020-02-12
ALPHABET INC 10 P 2015-01-09 2020-03-09
APPLE INC 100 P 2012-11-09 2020-03-09
DEXCOM INC 500 P 2017-12-14 2020-03-09
DISNEY WALT HOLDINGS CO 250 P 2016-04-14 2020-03-09
FORTIVE CORP 500 P 2016-08-09 2020-03-09
NESTL S A 500 P 2012-10-09 2020-03-09
WABTEC CORP 500 P 2019-03-12 2020-03-18
WABTEC CORP 2,000 P 2018-04-24 2020-03-18
APPLE INC 200 P 2012-11-09 2020-04-14
CISCO SYS INC 1,000 P 2018-06-11 2020-04-14
CISCO SYS INC 3,000 P 2018-02-20 2020-04-14
DISNEY WALT HOLDINGS CO 500 P 2016-03-09 2020-04-14
FORTIVE CORP 500 P 2016-08-09 2020-04-14
NIKE INC 500 P 2017-04-13 2020-04-14
BANK OF AMERICA CORP DTD 04/21/15 2.25% 300,000 P 2018-08-20 2020-04-21
SHERWIN WILLIAMS CO DTD 05/16/17 2.25% 500,000 P 2018-05-21 2020-05-15
COSTCO WHOLESALE CO DTD 05/18/17 2.15% 500,000 P 2017-08-30 2020-05-28
ABBOTT LABS COM 500 P 2016-08-09 2020-06-10
ALPHABET INC 50 P 2015-01-09 2020-06-10
APPLE INC 250 P 2012-11-09 2020-06-10
DEXCOM INC 250 P 2017-12-14 2020-06-10
DISNEY WALT HOLDINGS CO 350 P 2016-03-09 2020-06-10
DISNEY WALT HOLDINGS CO 350 P 2016-08-09 2020-07-13
DISNEY WALT HOLDINGS CO 150 P 2016-03-09 2020-07-13
LILLY ELI & CO 500 P 2017-10-16 2020-07-13
SOLARCITY CORP DTD 08/06/15 3.6% 250,000 P 2015-08-03 2020-08-06
ABBOTT LABS COM 500 P 2016-08-09 2020-08-11
APPLE INC 200 P 2012-11-09 2020-08-11
DEXCOM INC 200 P 2017-12-14 2020-08-11
PAYPAL HOLDINGS INC 200 P 2016-11-04 2020-08-11
PROCTER & GAMBLE CO 500 P 2013-05-13 2020-08-11
ABBOTT LABS COM 500 P 2016-08-09 2020-09-09
ALPHABET INC 25 P 2015-01-09 2020-09-09
APPLE INC 500 P 2012-12-13 2020-09-09
DOCUSIGN INC 200 P 2019-05-16 2020-09-09
ECOLAB INC 300 P 2018-04-24 2020-09-09
EVOLENT HEALTH INC 5,000 P 2018-05-18 2020-09-09
LILLY ELI & CO 370 P 2017-10-16 2020-09-09
NESTL S A 500 P 2012-10-09 2020-09-09
RITCHIE BROS AUCTIONEERS INC 1,000 P 2018-04-24 2020-09-09
TRIMBLE INC 1,000 P 2018-07-18 2020-09-09
XYLEM INC 500 P 2013-09-06 2020-09-09
ABBOTT LABS COM 500 P 2016-08-09 2020-10-09
ALPHABET INC 75 P 2015-01-09 2020-10-09
APPLE INC 800 P 2012-12-13 2020-10-09
CHEVRON CORP 1,000 P 2017-10-16 2020-10-09
DEXCOM INC 200 P 2017-12-14 2020-10-09
DISNEY WALT HOLDINGS 500 P 2016-08-09 2020-10-09
DOCUSIGN INC 200 P 2019-05-16 2020-10-09
LILLY ELI & CO 250 P 2017-10-16 2020-10-09
MICROSOFT CORP 200 P 2017-12-14 2020-10-09
NIKE INC 250 P 2017-04-13 2020-10-09
NOVARTIS A G 2,150 P 2012-08-14 2020-10-09
PAYPAL HOLDINGS INC 200 P 2016-11-04 2020-10-09
PROCTER & GAMBLE CO 250 P 2015-12-11 2020-10-09
PROCTER & GAMBLE CO 250 P 2013-05-13 2020-10-09
XYLEM INC 500 P 2013-09-06 2020-10-09
UNITED STATES TREAS NTS DTD 11/02/15 1.375% 500,000 P 2016-09-14 2020-11-02
INTERNATIONAL BUSINESS MACHS CORP 500 P 2017-05-04 2020-12-09
MARKETAXESS HOLDINGS INC 50 P 2013-06-13 2020-11-10
VONTIER CORP 2,000 P 2016-08-09 2020-11-10
JPMORGAN CHASE & CO DTD 06/07/16 2.4% 500,000 P 2019-03-12 2020-11-18
STARBUCKS CORP DTD 11/22/17 2.2% 500,000 P 2018-04-25 2020-11-23
INTERNATIONAL BUSINESS MACHS CORP 500 P 2017-05-04 2020-12-09
INTERNATIONAL BUSINESS MACHS CORP 1,000 P 2017-02-09 2020-12-09
BECTON DICKINSON & CO DTD 06/06/17 2.894% 50,000 P 2019-06-11 2020-12-18
PROCTER & GAMBLE CO 250 P 2013-05-13 2020-10-09
FROM WINDSAIL CREDIT QP FUND, LP P 2019-12-31 2020-12-31
FROM WINDSAIL CREDIT QP FUND, LP P 2019-12-31 2020-12-31
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 95,151   122,329 -27,178
b 88,476   100,380 -11,904
c 8,846   10,605 -1,759
d 76,426   100,279 -23,853
e 99,048   32,887 66,161
225,623   56,749 168,874
99,842   50,129 49,713
186,839   100,083 86,756
154,423   209,454 -55,031
200,000   159,283 40,717
25,000   22,741 2,259
96,834   99,839 -3,005
250,000   264,826 -14,826
302,400   271,457 30,943
350,000   248,817 101,183
250,000   200,829 49,171
180,188   200,470 -20,282
211,200   255,631 -44,431
450,000   480,356 -30,356
90,023   48,617 41,406
95,056   99,935 -4,879
137,212   275,033 -137,821
307,905   251,572 56,333
150,000   113,875 36,125
149,063   57,393 91,670
600,271   620,954 -20,683
99,511   44,979 54,532
401,245   285,266 115,979
75,000   46,062 28,938
350,000   342,769 7,231
395     395
18,822   34,200 -15,378
37,645   68,677 -31,032
18,822   37,635 -18,813
54,586   36,821 17,765
53,330   34,963 18,367
31,309   7,818 23,491
23,247   5,836 17,411
36,820   23,522 13,298
65,033   15,636 49,397
22,935   9,643 13,292
36,706   8,753 27,953
35,537   24,692 10,845
45,302   20,619 24,683
27,580   12,706 14,874
54,809   34,963 19,846
34,712   18,252 16,460
14,877   7,863 7,014
30,789   19,744 11,045
30,789   20,002 10,787
35,663   10,362 25,301
12,492   4,968 7,524
27,650   7,818 19,832
137,987   29,178 108,809
26,929   24,692 2,237
30,962   25,093 5,869
52,418   32,550 19,868
18,822   35,790 -16,968
75,289   180,771 -105,482
56,657   15,636 41,021
42,069   43,730 -1,661
126,207   133,605 -7,398
52,291   48,702 3,589
30,355   25,093 5,262
42,810   27,771 15,039
300,000   296,604 3,396
500,000   491,190 8,810
508,341   503,825 4,516
45,809   22,560 23,249
73,054   24,841 48,213
87,261   19,545 67,716
94,820   14,589 80,231
42,391   34,092 8,299
41,740   33,625 8,115
17,889   14,611 3,278
82,853   43,322 39,531
250,000   249,500 500
49,794   22,560 27,234
89,873   15,636 74,237
81,716   11,671 70,045
37,923   8,271 29,652
66,804   39,488 27,316
52,861   22,560 30,301
38,800   12,420 26,380
58,590   9,421 49,169
41,723   10,964 30,759
60,906   44,783 16,123
66,149   97,276 -31,127
56,520   32,059 24,461
60,338   32,550 27,788
57,019   33,260 23,759
49,899   34,584 15,315
41,625   12,953 28,672
54,649   22,560 32,089
112,792   37,261 75,531
92,974   15,073 77,901
74,344   120,475 -46,131
77,681   11,671 66,010
62,504   48,035 14,469
44,849   10,964 33,885
39,159   21,661 17,498
42,883   16,942 25,941
32,713   13,885 18,828
189,992   112,119 77,873
39,241   8,271 30,970
35,764   19,546 16,218
45,129   12,953 32,176
500,000   506,719 -6,719
57,954   9,421 48,533
63,089   79,432 -16,343
25,769   2,304 23,465
57,907   37,040 20,867
506,720   494,885 11,835
500,000   491,670 8,330
63,089   85,477 -22,388
126,177   177,615 -51,438
51,885   50,285 1,600
35,764   19,744 16,020
3,339     3,339
    163 -163
186,957     186,957
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       -27,178
b       -11,904
c       -1,759
d       -23,853
e       66,161
      168,874
      49,713
      86,756
      -55,031
      40,717
      2,259
      -3,005
      -14,826
      30,943
      101,183
      49,171
      -20,282
      -44,431
      -30,356
      41,406
      -4,879
      -137,821
      56,333
      36,125
      91,670
      -20,683
      54,532
      115,979
      28,938
      7,231
      395
      -15,378
      -31,032
      -18,813
      17,765
      18,367
      23,491
      17,411
      13,298
      49,397
      13,292
      27,953
      10,845
      24,683
      14,874
      19,846
      16,460
      7,014
      11,045
      10,787
      25,301
      7,524
      19,832
      108,809
      2,237
      5,869
      19,868
      -16,968
      -105,482
      41,021
      -1,661
      -7,398
      3,589
      5,262
      15,039
      3,396
      8,810
      4,516
      23,249
      48,213
      67,716
      80,231
      8,299
      8,115
      3,278
      39,531
      500
      27,234
      74,237
      70,045
      29,652
      27,316
      30,301
      26,380
      49,169
      30,759
      16,123
      -31,127
      24,461
      27,788
      23,759
      15,315
      28,672
      32,089
      75,531
      77,901
      -46,131
      66,010
      14,469
      33,885
      17,498
      25,941
      18,828
      77,873
      30,970
      16,218
      32,176
      -6,719
      48,533
      -16,343
      23,465
      20,867
      11,835
      8,330
      -22,388
      -51,438
      1,600
      16,020
      3,339
      -163
      186,957
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 2,449,616
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 39,684
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 39,684
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 39,684
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 41,474
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 41,474
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 25
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 1,765
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,765 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)
    bullet
    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. ...............................
    10
     
    No
    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 ofbulletJAY WIEDENMAN Telephone no.bullet (715) 845-4336

    Located atbulletRUDER WARE LLSC 500 FIRST STWAUSAUWI ZIP+4bullet54403
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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
    FREDRICK BLIESE DIRECTOR, PRESIDENT, TREAS
    4.00     		0 0 0
    4002 RIVERSIDE DR
    WAUSAU,WI54403
    SALLY BAADE DIRECTOR, VICE PRESIDENT
    4.00     		0 0 0
    PO BOX 351
    MERRILL,WI54452
    JAMES HARRINGTON DIRECTOR, SECRETARY
    4.00     		0 0 3,605
    C/O RUDER WARE LLSC PO BOX 8050
    WAUSAU,WI544028050
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (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
    38,943,336
    b
    Average of monthly cash balances.......................
    1b
    1,952,884
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    40,896,220
    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
    40,896,220
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    613,443
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    40,282,777
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,014,139
    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
    2,014,139
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    39,684
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    39,684
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,974,455
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,974,455
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,974,455
    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
    4,476,788
    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
    4,476,788
    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
    4,476,788
    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 1,974,455
    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...... 553,264
    b From 2016...... 470,348
    c From 2017...... 401,764
    d From 2018...... 690,001
    e From 2019......  
    fTotal of lines 3a through e........ 2,115,377
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 4,476,788
    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..... 1,974,455
    e Remaining amount distributed out of corpus 2,502,333
    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 4,617,710
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		553,264
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		4,064,446
    10 Analysis of line 9:
    a Excess from 2016.... 470,348
    b Excess from 2017.... 401,764
    c Excess from 2018.... 690,001
    d Excess from 2019....  
    e Excess from 2020.... 2,502,333
    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 e-mail address of the person to whom applications should be addressed:
    FREDRICK BLIESE
    1400 W TAYLOR ST
    MERRILL,WI54452
    (715) 536-2461
    N/A
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD BE SUBMITTED IN WRITING.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION'S PRINCIPAL PURPOSE IS TO SUPPORT CHARITABLE ORGANIZATIONS AND CAUSES IN THE MERRILL, WISCONSIN AND SURROUNDING AREAS.
    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
    THREE RIVERS TEMPORARY HOUSING
    328 E WASHINGTON AVE
    TOMAHAWK,WI54487     		  PC TO PROVIDE SHELTER TO THE HOMELESS. 50,000
    MERRILL CHAMBER FOUNDATION
    705 N CENTER AVE
    MERRILL,WI54452     		  PC TO PURCHASE CHRISTMAS TREE FOR PUBLIC PARK. 8,900
    MERRILL HISTORICAL SOCIETY
    100 E 3RD ST
    MERRILL,WI54452     		  PC TO SUPPORT BUILDING EXPANSION. 600,000
    CITY OF MERRILL
    1004 E 1ST ST
    MERRILL,WI54452     		  GOV TO SUPPORT CONSTRUCTION OF FAIR GROUNDS IMPROVEMENTS ($60,000) AND TO PURCHASE FIRE FIGHTING EQUIPMENT ($652,646). 712,646
    HAVENINC
    PO BOX 32
    MERRILL,WI54452     		  PC TO SUPPORT THE ORGANIZATION'S MISSION OF STOPPING DOMESTIC VIOLENCE. 50,000
    MERRILL PUBLIC SCHOOLS
    1111 N SALES ST
    MERRILL,WI54452     		  GOV TO SUPPORT STUDENT / ATHLETE PROGRAMS. 125,000
    NTC FOUNDATION
    1000 W CAMPUS DRIVE
    WAUSAU,WI54401     		  PC TO SUPPORT ORGANIZATION'S PROGRAM TO TRAIN FIRST RESPONDERS ($150,000) AND TO PROVIDE SCHOLARSHIPS ($25,000). 175,000
    WISCONSIN VFW FOUNDATION
    4622 DUTCH MILL RD
    MADISON,WI53716     		  PC TO ASSIST IN BUILDING VFW POST IN MERRILL, WISCONSIN. 1,200,000
    TOMAHAWK SCHOOLS
    1048 E KING RD
    TOMAHAWK,WI54487     		  GOV TO SUPPORT STUDENT / ATHLETE PROGRAMS. 1,555,242
    Total .................................bullet 3a 4,476,788
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		         
    4 Dividends and interest from securities....     14 774,234  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 2,449,616  
    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 3,223,850 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,223,850
    (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

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    BIERMAN FAMILY FOUNDATION INC
    EIN:
    39-1673472
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIDUCIARY SERVICES - FIXED INCOME 5,933,582 5,945,615
    FIDELITY - MUTUAL BOND FUNDS 3,268,628 3,404,368

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    BIERMAN FAMILY FOUNDATION INC
    EIN:
    39-1673472
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIDUCIARY SERVICES - EQUITIES 8,564,394 15,765,677
    FIDELITY - STOCKS 2,464,410 5,531,242
    FIDELITY - MUTUAL STOCK FUNDS 4,912,359 6,303,926

    TY 2020 InvestmentsOtherSchedule2
    Name:
    BIERMAN FAMILY FOUNDATION INC
    EIN:
    39-1673472
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIDUCIARY SERVICES - MONEY MARKET AT COST 1,304,058 1,304,058
    FIDUCIARY SERVICES - PRIVATE EQUITY AT COST 564,292 638,649
    FIDELITY - MONEY MARKET AT COST 266,831 266,831
    FIDELITY - EQUITY ETPS AT COST 2,406,112 3,190,973
    FIDUCIARY SERVICES - ACCRUED DIVIDENDS AT COST 18 0
    FIDELITY - FIXED INCOME ETPS AT COST 858,461 927,097
    FIDELITY - ACCRUED DIVIDENDS AT COST 5,848 0
    FIDELITY - OTHER ETPS AT COST 210,904 201,709
    FIDUCIARY SERVICES - PURCHASED INTEREST AT COST 9,084 0

    TY 2020 LegalFeesSchedule
    Name:
    BIERMAN FAMILY FOUNDATION INC
    EIN:
    39-1673472
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RUDER WARE 12,299 0   0


    TY 2020 OtherDecreasesSchedule
    Name:
    BIERMAN FAMILY FOUNDATION INC
    EIN:
    39-1673472
    Description Amount
    ROUNDING ERROR 1
    FEDERAL TAXES - BOOK 55,867
    FIDELITY BASIS ADJUSTMENTS TO MUTUAL FUNDS. 1,536


    TY 2020 OtherExpensesSchedule
    Name:
    BIERMAN FAMILY FOUNDATION INC
    EIN:
    39-1673472
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DIRECTORS' INSURANCE 1,088 0   0
    POST OFFICE BOX 150 0   0
    MISC INVESTMENT FEES - FIDELITY 59 59   0
    MISC INVESTMENT FEES - FIDUCIARY SERVICES 118 118   0
    INVESTMENT ADVISER FEES - FIDELITY 174,887 174,887   0
    INVESTMENT ADVISER FEES - FIDUCIARY SERVICES 177,853 177,853   0


    TY 2020 TaxesSchedule
    Name:
    BIERMAN FAMILY FOUNDATION INC
    EIN:
    39-1673472
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN - FIDELITY 4,284 4,284   0
    FOREIGN - FIDUCIARY SERVICES 11,358 11,358   0