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
DRAEGER FAMILY FOUNDATION XXX-XX-XXXX
 
Number and street (or P.O. box number if mail is not delivered to street address)JOHNSON BANK 525 JUNCTION ROAD SU
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MADISON, WI53717
A Employer identification number

81-6925474
B Telephone number (see instructions)

(608) 743-1580
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,322,560J 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... 25,968 25,968  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 53,524
b Gross sales price for all assets on line 6a 728,407
7 Capital gain net income (from Part IV, line 2)... 53,524
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 146 146  
12 Total. Add lines 1 through 11........ 79,638 79,638  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,337 10,337    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 750 0 0 750
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 131 131   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,218 10,468 0 750
25 Contributions, gifts, grants paid....... 35,000 35,000
26 Total expenses and disbursements. Add lines 24 and 25 46,218 10,468 0 35,750
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 33,420
b Net investment income (if negative, enter -0-) 69,170
c Adjusted net income (if negative, enter -0-)... 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......... 17,053 73,005 73,005
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 1,091,718 Click to see attachment1,069,251 1,249,555
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,108,771 1,142,256 1,322,560
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,108,771 1,142,256
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,108,771 1,142,256
30 Total liabilities and net assets/fund balances (see instructions). 1,108,771 1,142,256
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,108,771
2
Enter amount from Part I, line 27a .....................
2
33,420
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
458
4
Add lines 1, 2, and 3 ..........................
4
1,142,649
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
393
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,142,256
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 10000. FORD MOTOR CREDIT CO 8.125% 1/15/20   2017-01-05 2020-01-15
b 14000. VMWARE INC 2.300% 8/21/20     2020-01-23
c 141.56 BROWN CAP MGMT SM COMP-INST     2020-02-04
d 27.79 BROWN CAP MGMT SM COMP-INST   2019-12-12 2020-02-04
e 339.014 VANGUARD S/C VAL INDX-ADM     2020-02-05
16.798 VANGUARD S/C VAL INDX-ADM     2020-02-05
290.762 VANGUARD SELECTED VALUE FUND     2020-02-05
353.77 LAUDUS TRUST US LARGE CAP GROWTH     2020-02-07
108.609 LAUDUS TRUST US LARGE CAP GROWTH   2019-12-18 2020-02-07
23000. U.S. TREASURY BONDS 5.500% 8/15/28   2019-02-08 2020-03-13
20000. U.S. TREASURY NOTES 2.875% 8/15/28   2019-01-10 2020-03-13
11000. U.S. TREASURY NOTES 2.250% 2/15/27     2020-03-13
1349.688 PEAR TREE POL-F/V SM CAP-IN     2020-03-18
687.791 PEAR TREE POL-F/V SM CAP-IN     2020-03-18
617.414 LAUDUS TRUST US LARGE CAP GROWTH   2015-10-09 2020-04-02
268.357 INV OPP INTL GRWTH-R6     2020-04-15
12.91 INV OPP INTL GRWTH-R6   2019-12-13 2020-04-15
10000. BANK OF AMER CRP 5.700% 1/24/22   2017-01-13 2020-05-07
5000. BANK OF AMER CRP 5.700% 1/24/22   2019-09-19 2020-05-07
10000. INTEL CORP 2.700% 12/15/22   2017-01-05 2020-05-07
6000. CAPITAL ONE FINL 0.718% 10/30/20   2017-10-26 2020-05-15
45.817 INV OPP INTL GRWTH-R6   2014-12-04 2020-06-01
184.044 BROWN CAP MGMT SM COMP-INST     2020-06-01
15.944 VANGUARD EQUITY INCOME-AD     2020-06-01
447.754 VANGUARD EQUITY INCOME-AD     2020-06-01
117.582 VANGUARD SELECTED VALUE FUND   2019-12-17 2020-06-01
1278.634 VANGUARD SELECTED VALUE FUND     2020-06-01
1.03813 VANGUARD S/C VAL INDX-ADM   2020-03-09 2020-06-11
.62288 VANGUARD S/C VAL INDX-ADM   2020-03-09 2020-06-11
306.375 VANGUARD S/C VAL INDX-ADM   2013-12-13 2020-06-11
6000. LOCKHEED MARTIN CORP 2.500% 11/23/20   2017-01-05 2020-06-16
4000. AFLAC INC 3.625% 11/15/24   2019-06-28 2020-06-17
2000. ABBVIE INC 2.900% 11/06/22   2019-05-22 2020-06-17
10000. AMAZON.COM INC 3.300% 12/05/21   2017-01-05 2020-06-17
9000. APPLE INC 3.350% 2/09/27   2020-01-23 2020-06-17
2000. BB&T CORPORATION MTN 2.050% 5/10/21   2017-01-05 2020-06-17
3000. BERKSHIRE HATHAWAY 2.750% 3/15/23   2017-06-21 2020-06-17
10000. CELGENE CORP 3.550% 8/15/22   2017-01-13 2020-06-17
2000. COMCAST CORP 3.375% 2/15/25   2019-06-28 2020-06-17
2000. FEDEX CORP 4.000% 1/15/24   2017-01-06 2020-06-17
2000. GOLDMAN SACHS MTN 4.000% 3/03/24   2019-06-28 2020-06-17
3000. KROGER CO/THE 3.300% 1/15/21   2017-03-08 2020-06-17
4000. LOWE'S COS INC 3.125% 9/15/24   2019-06-28 2020-06-17
1000. MORGAN STANLEY MTN 3.125% 1/23/23   2019-04-09 2020-06-17
14000. PROCTER & GAMBLE CO 2.150% 8/11/22   2018-10-30 2020-06-17
10000. ROYL BK SCOTLND V-Q 3.498% 5/15/23   2017-08-17 2020-06-17
2000. SUMITOMO MITSUI FINL 2.778% 10/18/22   2017-10-11 2020-06-17
5000. SUMITOMO MITSUI FINL 2.778% 10/18/22   2019-06-28 2020-06-17
6000. U.S. TREASURY BONDS 7.500% 11/15/24   2019-02-13 2020-06-17
22000. U.S. TREASURY BONDS 6.875% 8/15/25     2020-06-17
16000. U.S. TREASURY BONDS 6.625% 2/15/27     2020-06-17
11000. U.S. TREASURY NOTES 2.250% 2/15/27   2018-04-27 2020-06-17
4000. VERIZON COMM INC 5.150% 9/15/23   2019-09-19 2020-06-17
291.392 LAUDUS TRUST US LARGE CAP GROWTH     2020-07-27
85.204 T ROWE PR GROWTH STOCK-I     2020-07-27
172.577 T ROWE PR GROWTH STOCK-I   2018-11-29 2020-07-27
12000. KROGER CO/THE 3.300% 1/15/21     2020-09-21
11000. AFLAC INC 3.625% 11/15/24     2020-09-22
12000. ORACLE CORP 2.500% 10/15/22   2020-06-17 2020-09-22
12000. BERKSHIRE HATHAWAY 2.750% 3/15/23     2020-09-24
12000. BLACKROCK INC 3.375% 6/01/22   2020-06-17 2020-09-24
3000. LOCKHEED MARTIN CORP 2.500% 11/23/20   2020-06-18 2020-09-24
10000. LOCKHEED MARTIN CORP 2.500% 11/23/20     2020-09-24
2297.03 PUTNAM U/S DUR INC-Y     2020-09-25
76.79 INVESCO DEVELOPING MARKETS FUND     2020-12-10
230.415 INV OPP INTL GRWTH-R6   2014-12-04 2020-12-10
595.938 MFS VALUE FUND-R6     2020-12-10
74.004 MFS VALUE FUND-R6     2020-12-10
111.948 T ROWE PR GROWTH STOCK-I   2018-11-29 2020-12-10
19.641 PRINCIPAL MIDCAP FUND-INS   2020-09-25 2020-12-10
54.401 INVESCO DEVELOPING MARKETS FUND     2020-12-14
1520.27 BAIRD INTERMEDIATE BD-INSTL     2020-12-14
7. ISHARES TR S & P 500 INDEX FD   2020-12-10 2020-12-14
61.072 MFS VALUE FUND-R6   2013-12-12 2020-12-14
34.773 MFS INTL INTRINSIC VALUE FUND-R6   2020-12-10 2020-12-14
123.926 MFS INTL INTRINSIC VALUE FUND-R6     2020-12-14
42.427 T ROWE PR GROWTH STOCK-I   2018-11-29 2020-12-14
1.369 VANGUARD S/C VAL INDX-ADM     2020-12-14
53.806 VANGUARD S/C VAL INDX-ADM   2013-12-13 2020-12-14
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 10,000   11,581 -1,581
b 14,029   13,957 72
c 15,297   11,235 4,062
d 3,003   2,778 225
e 20,009   14,394 5,615
991   947 44
7,900   8,844 -944
8,416   6,456 1,960
2,584   2,375 209
31,008   28,520 2,488
23,018   20,241 2,777
12,035   10,998 1,037
12,377   20,811 -8,434
6,307   9,581 -3,274
11,700   10,490 1,210
9,827   9,834 -7
473   563 -90
10,777   11,232 -455
5,389   5,402 -13
10,523   10,111 412
5,993   6,000 -7
1,900   1,667 233
20,985   13,806 7,179
1,101   1,149 -48
30,931   28,303 2,628
2,454   3,163 -709
26,685   36,162 -9,477
47   47  
28   28  
13,726   12,545 1,181
6,046   6,062 -16
4,530   4,245 285
2,097   1,995 102
10,382   10,410 -28
10,222   9,688 534
2,025   1,995 30
3,178   3,059 119
10,441   10,300 141
2,210   2,096 114
2,214   2,128 86
2,213   2,124 89
3,040   3,066 -26
4,359   4,131 228
1,059   1,003 56
14,549   13,704 845
10,403   10,107 296
2,091   2,000 91
5,228   5,067 161
7,883   7,572 311
29,300   28,954 346
22,404   22,314 90
12,237   10,545 1,692
4,570   4,459 111
7,684   4,897 2,787
7,172   6,492 680
14,528   11,568 2,960
12,081   12,216 -135
12,336   11,661 675
12,527   12,547 -20
12,634   11,972 662
12,602   12,717 -115
3,004   3,023 -19
10,015   10,103 -88
23,200   23,154 46
4,000   3,433 567
12,000   8,383 3,617
26,686   20,830 5,856
3,314   3,007 307
11,000   7,504 3,496
700   615 85
2,800   2,453 347
18,000   17,985 15
2,571   2,578 -7
2,700   1,942 758
1,753   1,749 4
6,247   4,763 1,484
4,000   2,844 1,156
82   62 20
3,218   2,203 1,015
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
      15,405
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       -1,581
b       72
c       4,062
d       225
e       5,615
      44
      -944
      1,960
      209
      2,488
      2,777
      1,037
      -8,434
      -3,274
      1,210
      -7
      -90
      -455
      -13
      412
      -7
      233
      7,179
      -48
      2,628
      -709
      -9,477
       
       
      1,181
      -16
      285
      102
      -28
      534
      30
      119
      141
      114
      86
      89
      -26
      228
      56
      845
      296
      91
      161
      311
      346
      90
      1,692
      111
      2,787
      680
      2,960
      -135
      675
      -20
      662
      -115
      -19
      -88
      46
      567
      3,617
      5,856
      307
      3,496
      85
      347
      15
      -7
      758
      4
      1,484
      1,156
      20
      1,015
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 53,524
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................................ 1 961
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........................... 3 961
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- ..... 5 961
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 537
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 537
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 2
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 426
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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. ...............................
    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 addressbullet  
    14
    The books are in care ofbulletJOHNSON BANK - TRUST DEPT Telephone no.bullet (608) 743-1594

    Located atbullet1 S MAIN STJANESVILLEWI ZIP+4bullet53547
    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
    JOHNSON BANK CO JOEL BAILEY TRUSTEE
    2     		10,337    
    1 S MAIN ST
    JANESVILLE,WI53545
    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.........................bullet  
    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
    1,178,148
    b
    Average of monthly cash balances.......................
    1b
    34,414
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,212,562
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,212,562
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    18,188
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,194,374
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    59,719
    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
    59,719
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    961
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    961
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    58,758
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    58,758
    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
    58,758
    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
    35,750
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    35,750
    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
    35,750
    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 58,758
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 7,148
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 35,750
    a Applied to 2019, but not more than line 2a 7,148
    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..... 28,602
    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 ..........     		30,156
    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.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    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).)
    NONE
    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.
    NONE
    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
    CEDAR CREST FOUNDATION
    1702 S ROVER ROAD
    JANESVILLE,WI53546     		NONE SOUNK PROGRAM SUPPORT 5,000
    SALVATION ARMY
    514 SUTHERLAND AVENUE
    JANESVILLE,WI53545     		NONE PC PROGRAM SUPPORT 5,000
    UW FOUNDATION
    GIFT PROCESSING
    1848 UNIVERSITY AVENUE
    MADISON,WI537264090     		NONE PC PROGRAM SUPPORT 10,000
    CEDAR CREST INC HEALTH CARE CTR
    1702 S RIVER ROAD
    JANESVILLE,WI53546     		NONE PC PROGRAM SUPPORT 5,000
    ECHO INC
    Everyone Cooperating to Help Others
    65 S HIGH STREET
    JANESVILLE,WI53548     		NONE PC GENERAL SUPPORT 3,000
    CARGILL UNITED METHODIST FOUNDATION
    2000 WESLEY AVENUE
    JANESVILLE,WI53545     		NONE SOUNK PROGRAM SUPPORT 5,000
    ROTARY GARDENS
    1455 PALMER DRIVE
    JANESVILLE,WI53545     		NONE PC GENERAL OPERATING 2,000
    Total .................................bullet 3a 35,000
    bApproved for future payment
    Total .................................bullet 3b  
    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 25,968  
    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 53,524  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISC MF INCOME     		    1 146  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   79,638  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    79,638
    (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 AccountingFeesSchedule
    Name:
    DRAEGER FAMILY FOUNDATION XXX-XX-XXXX
    EIN:
    81-6925474
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (ALLOCABLE 750     750

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DRAEGER FAMILY FOUNDATION XXX-XX-XXXX
    EIN:
    81-6925474
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    US TREAURY BONDS 6.625%      
    BROWN CAP MGMT SM COMP-INST      
    LAUDUS TRUST US LARGE CAP GRWT      
    MFS VALUE FND-I AT COST 52,174 73,139
    VANGUARD EQUITY INCOME-AD      
    VANGUARD S/C VAL INDX-ADM AT COST 3,129 4,653
    VANGUARD SEL VALUE FND      
    ARTISAN INTL VALUE FND-ADV AT COST 53,256 69,717
    MFS INTL VALUE-I AT COST 15,473 24,695
    OPPENHEIMER DEV MTK-I AT COST 31,845 46,266
    OPPENHEIMER INTL GRWTH FND-I AT COST 21,042 26,306
    GOLDMAN SACHS MTN 4.000% AT COST 11,627 12,155
    PEAR TREE POL-F/V SM CAP-IN      
    FORD MOTOR CR CO 8.125%      
    LOCKHEED MARTIN CORP 2.500%      
    KROGER CO 3.300%      
    BB&T CORP MTN 2.050% AT COST 11,777 12,058
    AMAZON.COM INC 3.300%      
    BANK OF AMER CORP 5.700%      
    PHILLIPS 66 4.300% AT COST 12,894 12,567
    HOME DEPOT INC 2.625% AT COST 12,152 12,375
    CELGENE CORP 3.550%      
    SUMITOMO MITSUI FINL 2.778% AT COST 8,000 8,337
    INTEL CORP 2.700%      
    BERKSHIRE HATHAWAY 2.750%      
    10,000 ROYL BK SCOTLAND V-Q      
    VERIZON COMM INC 5.150% AT COST 12,260 12,395
    FEDEX CORP 4.000% AT COST 8,513 8,860
    LOWE'S COS INC 3.125% AT COST 11,219 11,952
    AFLAC INC 3.625%      
    COMCAST CORP 3.375% AT COST 11,013 12,162
    US TREASURY BONDS 6.875%      
    US TREASURY NOTES 2.250%      
    DODGE & COX STOCK FUND #145 AT COST 24,983 23,993
    PRINCIPAL MIDCAP FUND-INS AT COST 61,749 80,998
    T ROWE PR GROWTH STOCK-I AT COST 66,305 100,911
    WF SPEC SM CAP VAL-INST AT COST 21,783 20,961
    ISHARES MSCI ACWI EX US ETF AT COST 36,034 41,955
    CAPTIAL ONE FINL 2.970%      
    PROCTER & GAMBLE CO 2.150%      
    US TREASURY BONDS 7.500% AT COST 23,773 24,327
    ISHARES CORE S&P 500 ETF AT COST 153,272 194,077
    PRIMECAP ODYSSEY AGGR GRTH AT COST 50,580 57,851
    VMWARE INC 2.300%      
    ABBVIE INC 2.900% AT COST 11,969 12,553
    MORGAN STANLEY MTN 3.125% AT COST 12,036 12,664
    U.S. TREASURY BONDS 5.500% AT COST 16,676 16,291
    U.S. TREASURY NOTES 2.875%      
    BAIRD INTERMEDIATE BD-INSTL AT COST 28,674 29,036
    METROPOLITAN WEST T/R BOND-I AT COST 26,900 26,317
    PUTNAM U/S DUR INC-Y AT COST 12,309 12,333
    VANGUARD GNMA FUND-ADM AT COST 4,019 4,008
    AFLAC INC 3.600% 4/01/30 AT COST 11,736 11,770
    AMERICAN WATER CAP 2.950% 9/01 AT COST 12,167 12,162
    APPLE INC 3.350% 2/09/27 AT COST 11,841 12,549
    BANK NOVA SCOTIA 2.700% 8/03/2 AT COST 11,824 12,128
    BANK OF AMER CRP MTN 3.248% 10 AT COST 15,972 16,786
    VALERO ENERGY CORP 3.400% 9/15 AT COST 12,118 12,061
    US BANCORP MTN 1.375% 7/22/30 AT COST 12,877 13,031
    BIOGEN INC 4.050% 9/15/25 AT COST 10,342 10,314
    BLACKROCK INC 3.250% 4/30/29 AT COST 11,564 11,527
    COSTCO WHOLESALE CO 1.375% 6/2 AT COST 13,312 13,394
    INTEL CORP 2.450% 11/15/29 AT COST 12,663 13,017
    KROGER CO 2.650% 10/15/26 AT COST 10,950 10,923
    ORACLE CORP 3.250% 11/15/27 AT COST 12,486 12,552
    U.S. TREASURY NOTES 1.625% 10/ AT COST 20,926 20,835
    U.S. TREASURY NOTES 2.125% 3/3 AT COST 21,391 21,249
    U.S. TREASURY NOTES 2.125% 5/1 AT COST 20,633 20,507
    U.S. TREASURY NOTES 2.375% 1/3 AT COST 19,013 18,838

    TY 2020 OtherDecreasesSchedule
    Name:
    DRAEGER FAMILY FOUNDATION XXX-XX-XXXX
    EIN:
    81-6925474
    Description Amount
    INCOME TIMING DIFFERENCE ADJUSTMENT 387
    ROUNDING 6


    TY 2020 OtherIncomeSchedule2
    Name:
    DRAEGER FAMILY FOUNDATION XXX-XX-XXXX
    EIN:
    81-6925474
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISC MF INCOME 146 146  


    TY 2020 OtherIncreasesSchedule
    Name:
    DRAEGER FAMILY FOUNDATION XXX-XX-XXXX
    EIN:
    81-6925474
    Description Amount
    MARKET DISCOUNT ADJUSTMENT 458


    TY 2020 TaxesSchedule
    Name:
    DRAEGER FAMILY FOUNDATION XXX-XX-XXXX
    EIN:
    81-6925474
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON QUALIFIED FOR 123 123   0
    FOREIGN TAXES ON NONQUALIFIED 8 8   0