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 06-01-2020 , and ending 05-31-2021
Name of foundation
EDWARD AND HANNAH M RUTLEDGE CHARITIES
INC
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 758
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHIPPEWA FALLS, WI54729
A Employer identification number

39-0806178
B Telephone number (see instructions)

(715) 723-6618
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$29,858,478J 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) 568
2 Check bullet.............
3 Interest on savings and temporary cash investments 989 989  
4 Dividends and interest from securities... 762,034 762,034  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,132,454
b Gross sales price for all assets on line 6a 7,217,504
7 Capital gain net income (from Part IV, line 2)... 1,132,454
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)....... Click to see attachment 126,071 30,000  
12 Total. Add lines 1 through 11........ 2,022,116 1,925,477  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 145,437 36,359   109,078
14 Other employee salaries and wages...... 74,977 18,744   56,233
15 Pension plans, employee benefits....... 12,132 3,033   9,099
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 42,257 625   1,874
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 30,719 7,680   23,039
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 317 79   238
23 Other expenses (attach schedule)....... Click to see attachment 70,528 18,865   52,893
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 376,367 85,385   252,454
25 Contributions, gifts, grants paid....... 871,170 871,170
26 Total expenses and disbursements. Add lines 24 and 25 1,247,537 85,385   1,123,624
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 774,579
b Net investment income (if negative, enter -0-) 1,840,092
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............. 32,714 21,619 21,619
2 Savings and temporary cash investments......... 569,193 439,611 439,611
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)....... 18,679,648 Click to see attachment19,594,904 28,419,280
c Investments—corporate bonds (attach schedule)....... 837,086 Click to see attachment837,086 952,252
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet25,716
Less: accumulated depreciation (attach schedule) bullet   25,716 25,716 25,716
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,144,357 20,918,936 29,858,478
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........ 1,400,000 1,400,000
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 18,744,357 19,518,936
29 Total net assets or fund balances (see instructions)..... 20,144,357 20,918,936
30 Total liabilities and net assets/fund balances (see instructions). 20,144,357 20,918,936
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
20,144,357
2
Enter amount from Part I, line 27a .....................
2
774,579
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
20,918,936
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,918,936
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,217,504   6,085,050 1,132,454
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,132,454
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,132,454
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 25,577
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 25,577
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 25,577
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 17,500
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 17,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 174
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 8,251
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 taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 addressbulletN/A
    14
    The books are in care ofbulletJULENE BOWE Telephone no.bullet (715) 723-6618

    Located atbullet404 N BRIDGE STCHIPPEWA FALLSWI ZIP+4bullet54729
    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
     
    No
    .........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
    JULENE BOWE ASSISTANT SECRETARY
    30.00     		82,935 0 0
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    GERALD NAIBERG PRESIDENT
    2.50     		22,500 0 0
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    DAVID HANCOCK VICE PRESIDENT
    2.50     		20,001 0 0
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    THOMAS LEINENKUGEL SECRETARY-TREASURER
    2.50     		20,001 0 0
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    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
    26,738,310
    b
    Average of monthly cash balances.......................
    1b
    584,425
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,322,735
    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
    27,322,735
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    409,841
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,912,894
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,345,645
    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
    1,345,645
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    25,577
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    18,334
    c
    Add lines 2a and 2b............................
    2c
    43,911
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,301,734
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,301,734
    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
    1,301,734
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,123,624
    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
    1,123,624
    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
    1,123,624
    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 1,301,734
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 788,937
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,123,624
    a Applied to 2019, but not more than line 2a 788,937
    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..... 334,687
    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 ..........     		967,047
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JULENE BOWE
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    (715) 723-6618
    bThe form in which applications should be submitted and information and materials they should include:
    THE APPLICATION FORM REQUIRES THE FOLLOWING INFORMATION TO BE INCLUDED: -NAME AND CONTACT INFO -SOCIAL SECURITY NUMBER -HOW LONG HAVE YOU LIVED AT YOUR CURRENT ADDRESS? -DO YOU RENT? LANDLORD INFORMATION, PREVIOUS ADDRESS -NAME AND ADDRESS OF YOUR PARENTS, WILL THEY HELP YOU? IF SO WHY NOT, -DO YOU HAVE OTHER FRIENDS OR RELATIVES THAT WILL HELP YOU? -ARE YOU MARRIED? ARE YOU DIVORCED? -SPOUSAL INFORMATION, INFORMATION OF ANY CHILDREN LIVING WITH YOU (AGE AND NAMES) -ARE YOU WORKING, WHERE DO YOU WORK? -IF YOU ARE NOT WORKING, EXPLAIN WHY YOU HAVE NOT WORKED, WHY DID YOU LEAVE THAT JOB, WHAT WAS THE LAST JOB HAD? -CAN YOU WORK, IF NOT, WHY? -DO YOU HAVE A CAR? MAKE AND YEAR -DO YOU RECEIVE ASSISTANCE FROM ANY CHIPPEWA COUNTY AGENCIES? -IF SO, LIST AGENCY AND AMOUNT YOU RECEIVE EACH MONTH, FOOD STAMPS? -DO YOU RECEIVE SSI? HOW MUCH? -ANY OTHER SOURCES OF INCOME? HOW MUCH? -HAVE YOU EVER RECEIVED HELP FROM RUTLEDGE CHARITIES? -WHY DO YOU NEED HELP?
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    RESIDENTS OF CHIPPEWA COUNTY, WI ARE PREFERRED.
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JULENE BOWE
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    (715) 723-6618
    bThe form in which applications should be submitted and information and materials they should include:
    -NAME AND CONTACT INFORMATION -MARITAL STATUS -NAME OF HIGH SCHOOL -LIST OF ACTIVITIES AND ACHIEVEMENTS AT SCHOOL AND IN COMMUNITY -COLLEGE YOU PLAN TO ATTEND, MAJOR -GRADUATION DATE -FULL TIME OR PART TIME STUDENT AND EXPLANATION -EMPLOYMENT INFORMATION -ALL APPLICANTS MUST APPLY FOR FINANCIAL AID AND SUBMIT A COPY OF THE FAFSA REPORT WITH APPLICATION -PARENTAL STATUS (DIVORCED, DECEASED, STEP, OTHER) -PARENTAL INFORMATION -FINANCIAL ASSISTANCE BEING PROVIDED FROM FAMILY -STATEMENT OF NEED - EXPLAIN ANY SPECIAL CIRCUMSTANCES THAT IMPACT YOUR FINANCIAL SITUATION BUT MAY NOT BE OBVIOUS ON THE STUDENT AID REPORT. -LIST OTHER SOURCES OF FUNDS FOR COLLEGE EXPENSES -OTHER SCHOLARSHIPS -ESTIMATE OF TUITION AND OTHER EXPENSES -COMPLETE TRANSCRIPT OF HIGH SCHOOL GRADES
    cAny submission deadlines:
    SCHOLARSHIP APPLICATIONS MUST BE SUBMITTED BY JUNE EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    RESIDENTS OF CHIPPEWA COUNTY, WI ARE PREFERRED.
    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
    BOYS & GIRLS CLUB OF GREATER CHIPPEWA VALLEY
    1005 OXFORD AVE
    EAU CLAIRE,WI54703     		  PC AID AND ASSIST 50,000
    CHIPPEWA VALLEY TECHNICAL COLLEGE
    620 W CLAIREMONT AVE
    EAU CLAIRE,WI54701     		  GOV AID AND ASSIST 100,000
    CATHOLIC CHARITIES - SOJOURNER HOUSE
    3710 EAST AVE S
    LA CROSSE,WI54601     		  PC AID AND ASSIST 5,000
    CHIPPEWA FALLS AREA UNIFIED SCHOOL DISTRICT
    140 W ELM ST
    CHIPPEWA FALLS,WI54729     		  GOV AID AND ASSIST 10,000
    CHIPPEWA CTY HOUSING AUTHORITY
    711 N BRIDGE ST RM 14
    CHIPPEWA FALLS,WI54729     		  GOV AID AND ASSIST 30,000
    CHIPPEWA AREA HISTORY CENTER
    PO BOX 153
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 75,000
    ALZHEIMER'S ASSOCIATION
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 1,000
    CURTIE CARES
    PO BOX 135
    BLOOMER,WI54724     		  PC AID AND ASSIST 7,500
    OPEN DOOR CLINIC
    PO BOX 271
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 45,000
    FEED MY PEOPLE FOOD BANK
    2610 ALPINE RD
    EAU CLAIRE,WI54703     		  PC AID AND ASSIST 70,000
    ALANO CLUB 76
    INC 76 E CENTRAL ST
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 1,000
    SENIOR REVIEW (BRIDGING CHIPPEWA CO) PAPER
    3315 NIMITZ ST
    EAU CLAIRE,WI54701     		  PC AID AND ASSIST 1,000
    CORNELLLAKE HOLCOMBE 21ST CENTURY CLC
    PO BOX 517
    CORNELL,WI54732     		  PC AID AND ASSIST 20,000
    MENTOR CHIPPEWA
    750 TROPICANA BLVD
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 5,000
    SPIRIT OF CHRISTMAS
    PO BOX 831
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 2,500
    BLOOMER AREA FOOD PANTRY
    2300 DUNCAN RD
    BLOOMER,WI54724     		  PC AID AND ASSIST 16,900
    CADOTT 4C'S FOOD PANTRY
    112 MILL AVE
    CADOTT,WI54727     		  PC AID AND ASSIST 10,500
    CORNELL FOOD PANTRY
    PO BOX 253
    CORNELL,WI54732     		  PC AID AND ASSIST 10,500
    FIRST PRESBYTERIAN CHURCH FOOD PANTRY
    130 W CENTRAL ST
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 12,500
    JIM FALLS COMMUNITY FOOD PANTRY
    13883 CTY HWY S SOUTH
    JIM FALLS,WI54748     		  PC AID AND ASSIST 9,500
    LAKE HOLCOMBE FOOD PANTRY
    28530 250TH AVE
    HOLCOMBE,WI54745     		  PC AID AND ASSIST 7,300
    ENGLISH LUTHERAN BATEMAN PANTRY PALS
    20588 CTY HWY X
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 7,300
    ST FRANCESCA FOOD PANTRY
    117 ALLEN STREET
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 16,900
    STANLEY AREA FOOD PANTRY
    147 E 4TH AVE
    STANLEY,WI54768     		  PC AID AND ASSIST 9,500
    VALLEY VINEYARD FOOD PANTRY
    910 BRIDGEWATER AVE
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 12,500
    FEED MY PEOPLE-LEGACY COMMUNITY CENTER
    26 W GRAND AVE
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 12,500
    LE PHILLIPS CDC OUTREACH
    1515 BALL STREET
    EAU CLAIRE,WI54703     		  PC AID AND ASSIST 20,000
    CHIPPEWA VALLEY FREE CLINIC
    1030 OAK RIDGE DRIVE
    EAU CLAIRE,WI54701     		  PC AID AND ASSIST 10,000
    CARELINK
    4140 126TH STREET
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 4,000
    LITERACY CHIPPEWA VALLEY
    510 S FARWELL ST
    EAU CLAIRE,WI54701     		  PC AID AND ASSIST 10,000
    NATIONAL FIRE SAFETY COUNCIL
    1301 CHIPPEWA CROSSING BLVD
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 120
    MOBILE MEALS OF CHIPPEWA FALLS
    PO BOX 601
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 15,000
    CHIPPEWA FALLS AREA SENIOR CENTER
    1000 E GRAND AVE
    CHIPPEWA FALLS,WI54729     		  PC AID AND ASSIST 20,000
    CHIPPEWA COUNTY HUMAN SERVICES
    711 N BRIDGE STREET
    CHIPPEWA FALLS,WI54729     		  GOV AID AND ASSIST 400
    ASHLEY ANDERSON
    18781 72ND AVENUE
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,500
    EMILY ANDERSON
    18781 72ND AVENUE
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,500
    FAITH ANDERSON
    4136 125TH STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,500
    ASPYN ARENDT
    9044 125TH AVENUE
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    KYRA ARENDT
    9044 125TH AVENUE
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    STEPHEN ARTON
    19976 CTY HWY DD
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    EMILY AUSMAN
    2568 40TH STREET
    ELK MOUND,WI54739     		  I SCHOLARSHIP 2,000
    JESSICA BARR
    17615 100TH STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    JOHN BARR
    1114 7TH STREET E
    MENOMONIE,WI54751     		  I SCHOLARSHIP 1,500
    LOREN BEAUDETTE
    9680 168TH STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 2,000
    DANIELLE BELAU
    1634 EAGLE STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,000
    COLE BISCHEL
    17234 130TH STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    HAILEY BLASKOWSKI
    2830 36TH AVENUE
    ELK MOUND,WI54739     		  I SCHOLARSHIP 2,000
    BENJAMIN BOIE
    N13039 KOSER AVENUE
    THORP,WI54771     		  I SCHOLARSHIP 1,500
    ASHLEY BOWE
    822 OLIVE STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,000
    JAYNA BOWE
    3311 STATE HIGHWAY 40
    COLFAX,WI54730     		  I SCHOLARSHIP 1,500
    MORGAN BOWE
    20208 COUNTY HIGHWAY K
    CORNELL,WI54732     		  I SCHOLARSHIP 1,000
    PEYTON BOWE
    2214 SHERWIN AVENUE
    EAU CLAIRE,WI54701     		  I SCHOLARSHIP 1,000
    COLLIN BUNGARTZ
    16152 65TH STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    BOBBI BURGESS
    21550 CTY HWY X
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    OLIVIA BURMEISTER
    10425 161ST STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,500
    LAKKEN BURZYNSKI
    9796 370TH STREET
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    SAMUEL BURZYNSKI
    6993 CTY HWY H
    STANLEY,WI54768     		  I SCHOLARSHIP 1,000
    TAYLOR BURZYNSKI
    9796 370TH STREET
    STANLEY,WI54768     		  I SCHOLARSHIP 1,000
    LAUREN BUSS
    2858 113TH STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,000
    MARCUS CAMPBELL
    337 GARFIELD STREET
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    CLAYTON CARLSON
    6316 COUNTY HWY H
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    CARLEY CHWALA
    34351 CTY HWY MM
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    THEO CHWALA
    34351 CTY HWY MM
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    ALYSSA DACHEL
    2641 125TH AVENUE
    COLFAX,WI54730     		  I SCHOLARSHIP 1,500
    AVA DACHEL
    21515 COUNTY HWY DD
    NEW AUBURN,WI54757     		  I SCHOLARSHIP 1,500
    ELIZABETH DACHEL
    10435 20TH STREET
    COLFAX,WI54730     		  I SCHOLARSHIP 2,000
    PAYTON DACHEL
    1511 6TH AVENUE
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    ALEXIS DAHL
    118 S MICHAEL STREET
    BOYD,WI54726     		  I SCHOLARSHIP 2,000
    AUTUMN DEMBOWSKI
    20976 50TH AVENUE
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    HAILEY DURAND-CHRISTIANSON
    12404 COUNTY HIGHWAY DD
    COLFAX,WI54730     		  I SCHOLARSHIP 2,000
    ABIGAIL EILER
    24839 48TH AVENUE
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    BRYCE ELKIN
    9566 137TH STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,500
    BRITTANY ERICKSON
    4743 270TH STREET
    CADOTT,WI54727     		  I SCHOLARSHIP 1,000
    BRYCE ERICKSON
    4743 270TH STREET
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    KATHERINE FARIS
    5966 188TH STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,500
    MEGAN FASBENDER
    123 SOUTH BROWN STREET
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    STEPHANIE FEDIE
    140 E MAIN STREET
    NEW AUBURN,WI54757     		  I SCHOLARSHIP 2,000
    EMILY FREAGON
    213 THOMPSON STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    KATHRYN FREAGON
    213 THOMPSON STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,000
    PAYTON FREAGON
    537 EAST OAK STREET
    CADOTT,WI54727     		  I SCHOLARSHIP 1,000
    CASSIDY FRONK
    4048 131ST
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,000
    CALLIE GALLION
    4800 W DEER RUN DRIVE APT 102
    BROWN DEER,WI53223     		  I SCHOLARSHIP 2,000
    FELISHA GLOMSKI
    22564 45TH AVENUE
    CADOTT,WI54727     		  I SCHOLARSHIP 1,500
    STEPHANIE GOEBEL
    19651 350TH STREET
    GILMAN,WI54433     		  I SCHOLARSHIP 1,000
    MEGAN GOODMAN
    14487 360TH STREET
    STANLEY,WI54768     		  I SCHOLARSHIP 1,500
    MITCHELL GUNDERSON
    26211 135TH AVENUE
    CADOTT,WI54727     		  I SCHOLARSHIP 1,500
    JACOB HALL
    117 NORTH 5TH STREET
    CORNELL,WI54732     		  I SCHOLARSHIP 2,000
    TAYLOR HARTZELL
    29141 263RD STREET
    HOLCOMBE,WI54745     		  I SCHOLARSHIP 1,500
    TAYLOR HEDRINGTON
    18771 72ND AVENUE
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,500
    CHARITY HESSLER
    25023 COUNTY HWY CC
    HOLCOMBE,WI54745     		  I SCHOLARSHIP 2,000
    AARON HINTON
    11 E CARLEY HILL ROAD
    COUDERSPORT,PA16915     		  I SCHOLARSHIP 2,000
    ERIC HOFFSTATTER
    35763 100TH AVENUE
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    MADELYN IRWIN
    10444 51ST AVENUE
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 2,000
    JACOB JACKAN
    9675 166TH STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,500
    MAZIE JACKAN
    9675 166TH STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 750
    HAILEY JARR
    8679 COUNTY HWY C
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    RYLIE JARR
    8679 COUNTY HIGHWAY C
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    PAISLEY KANE
    443 NORTH MAIN STREET
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    MAGDLIN KEEKU
    WL 1978 PINE ROAD
    STANLEY,WI54768     		  I SCHOLARSHIP 1,000
    ADRIANNA KIRCKOF
    501 OAK STREET
    STANLEY,WI54768     		  I SCHOLARSHIP 1,000
    ETHAN KJELLBERG
    3775 20TH STREET
    ELK MOUND,WI54739     		  I SCHOLARSHIP 2,000
    BENJAMIN KLAHR
    3439 FERN CT
    EAU CLAIRE,WI54703     		  I SCHOLARSHIP 2,000
    ELLA KOENIG
    N14186 COPENHAVER AVENUE
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    MILO KOENIG
    N14186 COPENHAVER AVENUE
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    KARISSA LAUER
    18497 60TH STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    MIKAYLA LEBAKKEN
    11840 165TH AVENUE
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    ORIANNA LEBAL
    30307 COUNTY HIGHWAY G
    SHELDON,WI54766     		  I SCHOLARSHIP 1,500
    ELIZABETH LINDQUIST
    6323 17TH AVENUE
    EAU CLAIRE,WI54703     		  I SCHOLARSHIP 2,000
    HANNAH LINDQUIST
    605 MAIN STREET
    CORNELL,WI54732     		  I SCHOLARSHIP 2,000
    BELINDA LOEW
    4364 COUNTY HWY B
    COLFAX,WI54730     		  I SCHOLARSHIP 2,000
    JAMIE LYONS
    2958 1ST AVENUE
    NEW AUBURN,WI54757     		  I SCHOLARSHIP 2,000
    HARRY MATESKI
    605 N CLARK STREET APT 3
    THORP,WI54771     		  I SCHOLARSHIP 2,000
    JAMES MIKULA
    19760 80TH STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 750
    BENJAMIN MILAS
    9763 315TH STREET
    BOYD,WI54726     		  I SCHOLARSHIP 2,000
    BRANDON MILAS
    14908 CTY HWY G
    BOYD,WI54726     		  I SCHOLARSHIP 2,000
    MASEN MILLER
    2119 9TH AVENUE
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    TREY MOHR
    3102 33RD AVENUE
    ELK MOUND,WI54739     		  I SCHOLARSHIP 1,500
    AMELIA MOSCHKAU
    332 NORTH SPRUCE STREET
    NEW AUBURN,WI54757     		  I SCHOLARSHIP 2,000
    CARLIE NELSON
    36589 100TH AVENUE
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    KENNETH NELSON
    27378 COUNTY HWY MM
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    DYLAN NORTH
    529 S EAST STREET
    NEW AUBURN,WI54757     		  I SCHOLARSHIP 2,000
    GENEVA NUNES
    11812 120TH AVENUE
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 2,000
    HOPE NYE
    6799 COUNTY HIGHWAY XX
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    TAMARA OMAR
    22962 90TH STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    MATTHEW OSTRANDER
    1914 ZERA STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    BRANDY PECHA
    254 E 2ND AVENUE
    STANLEY,WI54768     		  I SCHOLARSHIP 1,000
    BROOKE PEDERSON
    8024 223RD STREET
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    KENADI POIRIER
    4494 155TH AVENUE
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    GRACE POST
    26755 160TH STREET
    NEW AUBURN,WI54757     		  I SCHOLARSHIP 1,500
    COLLIN PRILL
    315 IRVINE COURT
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 2,000
    NADIA RADA
    8092 CTY HWY M
    NEW AUBURN,WI54757     		  I SCHOLARSHIP 2,000
    JOSIE RADTKE
    N2570 CTY RD G
    BOYD,WI54726     		  I SCHOLARSHIP 1,000
    ASHLEY RAJEK
    29398 COUNTY HIGHWAY S
    CORNELL,WI54732     		  I SCHOLARSHIP 2,000
    ZACH RUF
    21441 175TH STREET
    CORNELL,WI54732     		  I SCHOLARSHIP 2,000
    TATE RUSSELL
    15581 20TH STREET
    COLFAX,WI54730     		  I SCHOLARSHIP 2,000
    MAGGIE SARAUER
    5784 COUNTY HIGHWAY A
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    LUCAS SCHMELZER
    900 NORTH BROADWAY STREET
    STANLEY,WI54768     		  I SCHOLARSHIP 1,000
    JENA SECRAW
    7332 67TH AVENUE
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,000
    MEGAN SECRAW
    7332 67TH AVENUE
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 750
    MACKENZIE SHAKAL
    9645 166TH STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,500
    DAMIEN SHORT
    9867 171ST STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 2,000
    ARIK SKIFSTAD
    3505 N HASTINGS WAY
    EAU CLAIRE,WI54703     		  I SCHOLARSHIP 1,500
    HEIDI SKWIERCZYNSKI
    2552 106TH STREET
    EAU CLAIRE,WI54703     		  I SCHOLARSHIP 1,500
    KENDRA SKWIERCZYNSKI
    2552 106TH STREET
    EAU CLAIRE,WI54703     		  I SCHOLARSHIP 1,500
    MASON SMETANA
    18497 60TH STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    HOLLY SMITH
    N950 MEYER ROAD
    BOYD,WI54726     		  I SCHOLARSHIP 1,500
    KAYLI SOLBERG
    6483 COUNTY HWY M SOUTH
    ELK MOUND,WI54739     		  I SCHOLARSHIP 2,000
    JENNIFER SONNENTAG
    2720 295TH STREET
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    LEONA SONNENTAG
    2720 295TH STREET
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    AMANDA STAIB
    400 MADISON STREET
    STANLEY,WI54768     		  I SCHOLARSHIP 1,000
    KATELYN STEINMETZ
    624 DUTCHMAN DRIVE APT 3
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 2,000
    NATALIE STEWART
    4818 183RD STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 2,000
    KAYLA STOLT
    1917 HILLTOP COURT
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    NOELLE STRZOK
    29865 240TH STREET
    HOLCOMBE,WI54745     		  I SCHOLARSHIP 2,000
    KATIE SWOPE
    448 W MAPLE STREET
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    AUSTIN SYKORA
    9727 129TH STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,500
    BRAXTON THOMPSON
    112 S MICHAEL STREET
    BOYD,WI54726     		  I SCHOLARSHIP 1,500
    AUSTIN THUR
    21243 COUNTY HWY F
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    KAITLYN TICE
    10526 COUNTY HIGHWAY S SOUTH
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 2,000
    BLAZE TODD
    2188 46TH AVENUE
    ELK MOUND,WI54739     		  I SCHOLARSHIP 1,500
    BENJAMIN TURNER
    104 MCKNIGHT STREET
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    BRIANNA TURNER
    104 MCKNIGHT STREET
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    ALLISON VITORT
    NL488 SKYLINE DRIVE
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    ERIC WACHTENDONK
    6321 186TH AVENUE
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    MADELINE WAHL
    20512 80TH AVENUE
    CADOTT,WI54727     		  I SCHOLARSHIP 1,500
    BRADY WEBSTER
    25486 293RD AVENUE
    HOLCOMBE,WI54745     		  I SCHOLARSHIP 2,000
    CARTER WELCH
    5037 190TH AVENUE
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    GRACE WILLIAMS
    2381 COUNTY HWY D
    BOYD,WI54726     		  I SCHOLARSHIP 2,000
    ANNABELLE WITTROCK
    1117 19TH AVENUE
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,500
    ZECHARIAH WOJTCZAK
    8992 240TH STREET
    CADOTT,WI54727     		  I SCHOLARSHIP 2,000
    COLE WOZNIAK
    33731 90TH AVENUE
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    AMANDA WRIGHT
    467 E 1ST AVENUE
    STANLEY,WI54768     		  I SCHOLARSHIP 2,000
    KENDRA YODER
    NL260 GRAVEL PIT ROAD
    AUGUSTA,WI54722     		  I SCHOLARSHIP 1,500
    ABBY ZEMAN
    21711 COUNTY HWY Q
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    KENDALL ZEMAN
    19503 85TH STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    OLIVIA ZWIEFELHOFER
    2020 IVY STREET
    BLOOMER,WI54724     		  I SCHOLARSHIP 2,000
    ABIGALE PIEPER
    8694 CTY HWY C
    BLOOMER,WI54724     		  I SCHOLARSHIP 1,000
    SYDNEY STOLL
    515 W CENTRAL STREET
    CHIPPEWA FALLS,WI54729     		  I SCHOLARSHIP 1,000
    Total .................................bullet 3a 871,170
    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 ...........     		    14 989  
    4 Dividends and interest from securities....     14 762,034  
    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..... 522100 96,071 14 30,000  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,132,454  
    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).. 96,071 1,925,477 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,021,548
    (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:
    EDWARD AND HANNAH M RUTLEDGE CHARITIES
     
    INC
    EIN:
    39-0806178
    Name of Bond End of Year Book Value End of Year Fair Market Value
    200M CD - CITIBANK NATL ASSN 200,000 225,578
    95M PFIZER INC. 3.40% 5-15-24 97,284 103,676
    95M AMAZON COM. INC. 3.80% 12-5-24 97,178 105,031
    95M APPLE INC. 2.50% 2-9-25 90,461 101,267
    90M ORACLE CORP. 3.25% 5-15-30 85,205 96,021
    90M MICROSOFT CORP. 3.50% 2-12-35 84,263 101,478
    100M MCDONALDS CORP. 3.70% 2-15-42 87,607 108,018
    100M PEPSICO INC. 3.60% 8-13-42 95,088 111,183

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    EDWARD AND HANNAH M RUTLEDGE CHARITIES
     
    INC
    EIN:
    39-0806178
    Name of Stock End of Year Book Value End of Year Fair Market Value
    271 SPECTRUM 0 6,780
    7000 HALLIBURTON 29,184 156,870
    5000 JOHNSON & JOHNSON 16,822 846,250
    8000 MERCK 127,164 607,120
    100 NW BANCSHARES 293,874 490,400
    AMERICAN FUNDS AMERICAN BALANCED 280,437 678,285
    AMERICAN FUNDS AMCAP FUND 407,508 1,279,457
    AMERICAN FUNDS BOND FUND OF AMERICA 513,550 544,098
    AMERICAN FUNDS CAPITAL INCOME BUILDERS 208,200 291,041
    AMERICAN FUNDS FUNDAMENTAL INV 384,726 1,318,231
    AMERICAN FUNDS GROWTH FUND 570,429 1,564,518
    AMERICAN FUNDS INCOME FUND 208,200 339,632
    AMERICAN FUNDS NEW WORLD 200,000 408,227
    AMERICAN FUNDS STRATEGIC BOND 543,736 541,303
    ORGEL WEALTH MANAGEMENT EUROPACIFIC 700,453 1,002,490
    ROWE T PRICE MID CAP GROWTH 851,364 1,135,801
    VANGUARD SHORT TERM INV. 1,204,770 1,248,577
    JOHCM EMERGING MARKETS OPPORTUNITIES FUND 656,139 828,018
    WELLS FARGO ADVTG SPECIAL MID CAP 761,077 1,140,407
    FROST TOTAL RETURN BOND FUND 1,854,321 1,873,632
    SCHWAB INTERNATIONAL INDEX FUND 1,016,260 1,416,764
    JP MORGAN STRATEGIC INCOME OPPORTUNITIES FUND 1,172,600 1,272,200
    AQR LARGE CAP DEFENSIVE STYLE 724,170 962,514
    DELAWARE SMALL CAP CORE FUND 437,899 695,119
    FIDELITY U.S. BOND INDEX FUND 1,825,847 1,879,084
    VANGUARD TOTAL STOCK MARKET INDEX FUND ADMIRAL SHARES 2,007,620 2,970,523
    ISHARES INC CORE MSCI EMERGING MKTS EFT 344,242 347,113
    SCHWAB STRATEGIC TR US 784,365 1,057,788
    VICTORY MARTKET NEUTRAL INCOME 909,000 920,154
    VANGUARD WHITEHALL FUND INTL 560,947 596,884

    TY 2020 OtherExpensesSchedule
    Name:
    EDWARD AND HANNAH M RUTLEDGE CHARITIES
     
    INC
    EIN:
    39-0806178
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 402 101   301
    POSTAGE 971 243   728
    TELEPHONE 1,640 1,640   1,230
    PROFESSIONAL FEES 59,310 14,828   44,482
    ABSTRACT AND FILING FEES 35 9   26
    MISCELLANEOUS OFFICE EXPENSE 819 206   613
    HEALTH INSURANCE 3,501 875   2,626
    LOAN CLOSET EQUIPMENT 312 78   234
    REPAIRS 3,538 885   2,653


    TY 2020 OtherIncomeSchedule2
    Name:
    EDWARD AND HANNAH M RUTLEDGE CHARITIES
     
    INC
    EIN:
    39-0806178
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EXPENSE REIMBURSEMENTS 30,000 30,000 0
    NW BANCSHARES 96,071 0 0


    TY 2020 TaxesSchedule
    Name:
    EDWARD AND HANNAH M RUTLEDGE CHARITIES
     
    INC
    EIN:
    39-0806178
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 23,015 0   0
    REAL ESTATE TAXES 2,499 625   1,874
    UBIT TAX 16,743 0   0