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
DANIEL W ERDMAN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O US BANK NA PO BOX 7900
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MADISON, WI537077900
A Employer identification number

39-2012234
B Telephone number (see instructions)

(608) 252-4098
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$5,604,004J 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... 86,460 85,619  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 308,945
b Gross sales price for all assets on line 6a 796,100
7 Capital gain net income (from Part IV, line 2)... 308,945
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).......      
12 Total. Add lines 1 through 11........ 395,405 394,564  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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).... Click to see attachment 40,212 40,212   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 335 335   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)....... Click to see attachment 4 4    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,301 40,551 0 750
25 Contributions, gifts, grants paid....... 198,000 198,000
26 Total expenses and disbursements. Add lines 24 and 25 239,301 40,551 0 198,750
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 156,104
b Net investment income (if negative, enter -0-) 354,013
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............. 237 231 231
2 Savings and temporary cash investments......... 102,742 311,112 311,112
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)....... 2,054,336 Click to see attachment1,853,708 4,401,170
c Investments—corporate bonds (attach schedule)....... 700,085 Click to see attachment551,849 588,502
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............     231
13 Investments—other (attach schedule)..........   Click to see attachment293,997 301,716
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,535 Click to see attachment1,042 Click to see attachment1,042
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,858,935 3,011,939 5,604,004
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........ 2,858,935 3,011,939
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)..... 2,858,935 3,011,939
30 Total liabilities and net assets/fund balances (see instructions). 2,858,935 3,011,939
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
2,858,935
2
Enter amount from Part I, line 27a .....................
2
156,104
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,015,039
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,100
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,011,939
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 14. WELLS FARGO & CO NEW     2020-01-07
b 211. APPLE INC   2008-12-10 2020-01-08
c 106. EXXON MOBIL CORP     2020-01-21
d 11. INTEL CORP   2018-08-21 2020-01-21
e 6. J P MORGAN CHASE & CO   2016-08-10 2020-01-21
1. MERCK & CO INC   1911-11-11 2020-01-22
5. APPLE INC   2017-05-03 2020-02-04
6. WALT DISNEY CO   2019-01-08 2020-02-04
4. MC DONALD'S CORP   2017-05-03 2020-02-04
8. MICROSOFT CORP   2017-05-03 2020-02-04
2. 3M CO COM   2019-06-25 2020-03-03
29. 3M CO COM   2017-05-03 2020-03-03
49. INGERSOLL RAND INC     2020-03-17
15. M & T BK CORP COM   2019-01-22 2020-03-17
58. PRINCIPAL FINANCIAL GROUP COM     2020-03-17
148. PFIZER INC     2020-03-20
42. SUNCOR ENERGY INC   2020-01-21 2020-03-20
109. SUNCOR ENERGY INC     2020-03-20
25.6667 DOW INC     2020-03-30
38.3333 DOW INC     2020-03-30
.4144 INGERSOLL RAND INC   2017-05-03 2020-03-30
12. MONDELEZ INTERNATIONAL W I   2019-01-29 2020-03-31
666.933 AMERICAN EUROPACIFIC GRTH F2   2011-06-22 2020-04-01
20. ALPHABET INC CL C     2020-04-02
537. MFC ISHARES TR MSCI EAFE INDEX FD   2015-04-23 2020-04-02
230. ISHARES RUSSELL 1000 VALUE   2012-08-07 2020-04-02
1849. ISHARES MSCI EAFE SMALL CAP E T F     2020-04-02
424. BRISTOL MYERS SQUIBB RT 3/31/21   2019-11-20 2020-04-03
48. T J X COS INC NEW     2020-04-06
13. T J X COS INC NEW   2019-05-14 2020-04-06
110. TRUIST FINL CORP     2020-04-07
207. T J X COS INC NEW   2013-01-30 2020-04-16
4. WALT DISNEY CO   2019-04-30 2020-04-28
37. WALT DISNEY CO     2020-04-28
55. WELLS FARGO & CO NEW     2020-05-13
123. WELLS FARGO & CO NEW     2020-05-13
150. ILLINOIS TOOL WKS INC   2005-12-23 2020-06-17
175. OTIS WORLDWIDE CORP     2020-06-17
2. MICROSOFT CORP   2017-05-03 2020-06-23
6. UNITED PARCEL SERVICE CL B COM   2019-10-29 2020-06-23
2. PEPSICO INC     2020-07-21
135. INTEL CORP     2020-07-30
62. INTEL CORP   2017-05-03 2020-08-18
30000. GILEAD SCIENCES INC 2.550% 9/01/20   2018-07-11 2020-09-01
350. CARRIER GLOBAL CORPORATION COM     2020-09-09
41. APPLE INC     2020-09-15
21. CISCO SYS INC   2019-02-19 2020-09-29
194. CHEVRONTEXACO CORP   2004-03-04 2020-10-01
389. SCHLUMBERGER LTD ISIN #AN8068571086   2011-02-15 2020-10-01
100. APPLE INC   2008-12-10 2020-10-15
350. CONOCOPHILLIPS COM   2008-12-31 2020-10-15
25. FACEBOOK INC A   2014-04-22 2020-10-15
1413. WELLS FARGO & CO NEW     2020-10-15
25. ALPHABET INC CL C   2010-08-25 2020-10-21
18. CANADIAN PACIFIC RAILWAY LTD COM   2013-01-24 2020-10-21
65. COSTCO WHOLESALE CORP COM   2010-08-25 2020-10-21
55. FACEBOOK INC A   2014-04-22 2020-10-21
50. ILLINOIS TOOL WKS INC   2005-12-23 2020-10-21
50. INVESCO QQQ TRUST ETF   2018-12-28 2020-10-21
40. NIKE INC CL B COM   2012-06-29 2020-10-21
430. HEALTH CARE SELECT SECTOR S P D R   2012-02-17 2020-10-21
186. VERIZON COMMUNICATIONS   2010-11-12 2020-10-21
750. APPLE INC     2020-10-23
15. SALESFORCE COM INC   2020-04-02 2020-10-23
5. AMAZON COM INC   2015-04-23 2020-10-26
100. BOEING CO COM   2015-10-28 2020-11-18
12. APPLE INC   2016-11-08 2020-11-24
4. MICROSOFT CORP   2017-05-03 2020-11-24
2. CHEVRONTEXACO CORP   2020-01-21 2020-12-08
23. CONOCOPHILLIPS COM   2020-01-21 2020-12-08
41. CONOCOPHILLIPS COM     2020-12-08
10. VALERO ENERGY CORP NEW COM   2020-01-21 2020-12-08
36. DOMINION RES INC VA NEW COM     2020-12-22
4. KLA TENCOR CORP COM RTS EXP 04/25/2006   2019-02-19 2020-12-22
4. LAM RESH CORP COM   2019-04-30 2020-12-22
8. MICROSOFT CORP   2017-05-03 2020-12-22
12. VALERO ENERGY CORP NEW COM   2020-01-21 2020-12-22
44. VALERO ENERGY CORP NEW COM   2017-05-03 2020-12-22
9. WAL MART STORES INC   2017-05-03 2020-12-22
14. APPLE INC   2016-11-08 2020-12-23
CAPITAL GAIN DIVIDENDS P    
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(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 736   857 -121
b 63,556   2,942 60,614
c 7,186   8,775 -1,589
d 667   526 141
e 823   394 429
27     27
1,594   736 858
871   670 201
862   570 292
1,436   551 885
291   345 -54
4,223   5,737 -1,514
1,047   1,161 -114
1,652   2,490 -838
1,684   3,289 -1,605
4,417   2,283 2,134
481   1,403 -922
1,249   3,614 -2,365
727   1,563 -836
1,086   2,059 -973
9   9  
608   522 86
27,504   28,018 -514
22,222   6,931 15,291
27,624   36,038 -8,414
22,308   16,139 6,169
79,240   91,812 -12,572
1,596   903 693
2,217   1,848 369
600   683 -83
3,486   5,151 -1,665
9,610   4,705 4,905
432   549 -117
3,995   3,859 136
1,213   2,214 -1,001
2,712   6,650 -3,938
25,859   6,812 19,047
9,977   4,938 5,039
408   138 270
660   705 -45
270   230 40
6,474   5,689 785
3,030   2,296 734
30,000   30,000  
10,532   3,293 7,239
4,821   1,464 3,357
821   1,048 -227
13,737   8,712 5,025
5,876   35,721 -29,845
12,043   349 11,694
12,303   14,127 -1,824
6,636   1,580 5,056
32,188   40,019 -7,831
40,071   5,644 34,427
5,690   2,032 3,658
24,630   3,668 20,962
15,470   3,475 11,995
10,188   2,271 7,917
14,260   7,682 6,578
5,175   863 4,312
45,632   15,579 30,053
10,607   6,058 4,549
86,123   2,439 83,684
3,728   1,989 1,739
16,054   1,943 14,111
20,959   14,655 6,304
1,378   333 1,045
855   276 579
184   227 -43
979   1,483 -504
1,746   2,910 -1,164
588   903 -315
2,644   2,768 -124
1,039   436 603
1,922   832 1,090
1,794   551 1,243
651   1,083 -432
2,386   2,867 -481
1,304   682 622
1,847   389 1,458
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
      2,570
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       -121
b       60,614
c       -1,589
d       141
e       429
      27
      858
      201
      292
      885
      -54
      -1,514
      -114
      -838
      -1,605
      2,134
      -922
      -2,365
      -836
      -973
       
      86
      -514
      15,291
      -8,414
      6,169
      -12,572
      693
      369
      -83
      -1,665
      4,905
      -117
      136
      -1,001
      -3,938
      19,047
      5,039
      270
      -45
      40
      785
      734
       
      7,239
      3,357
      -227
      5,025
      -29,845
      11,694
      -1,824
      5,056
      -7,831
      34,427
      3,658
      20,962
      11,995
      7,917
      6,578
      4,312
      30,053
      4,549
      83,684
      1,739
      14,111
      6,304
      1,045
      579
      -43
      -504
      -1,164
      -315
      -124
      603
      1,090
      1,243
      -432
      -481
      622
      1,458
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 308,945
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 4,921
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 4,921
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 4,921
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,924
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 1,924
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,997
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 ofbulletUS BANK NA Telephone no.bullet (608) 252-7624

    Located atbullet1 S PINCKNEY STREETMADISONWI ZIP+4bullet53703
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DANIEL W ERDMAN DIRECTOR
    1     		0    
    C/O US BANK NA PO BOX 7900
    MADISON,WI537077900
    DEBORAH ERDMAN-LUDER DIRECTOR
    1     		0    
    C/O US BANK NA PO BOX 7900
    MADISON,WI537077900
    DARRELL W BEHNKE DIRECTOR
    1     		0    
    C/O US BANK NA PO BOX 7900
    MADISON,WI537077900
    NATALIE BOCK ERDMAN DIRECTOR
    1     		0    
    C/O US BANK NA PO BOX 7900
    MADISON,WI537077900
    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
    4,713,456
    b
    Average of monthly cash balances.......................
    1b
    219,243
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,932,699
    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
    4,932,699
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    73,990
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,858,709
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    242,935
    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
    242,935
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,921
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,921
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    238,014
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    238,014
    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
    238,014
    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
    198,750
    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
    198,750
    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
    198,750
    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 7 238,014
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 985
    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$ 198,750
    a Applied to 2019, but not more than line 2a 985
    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..... 197,765
    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 ..........     		40,249
    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).)
    DANIEL W ERDMAN
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACCESS COMMUNITY HEALTH CENTERS
    2910 W BELTLINE HWY STE
    MADISON,WI53713     		NONE PC GENERAL OPERATING 10,000
    THE NATURE CONSERVANCY
    4245 N FAIRFAX DRIVE SUITE 100
    ARLINGTON,VA222031606     		NONE PC GENERAL OPERATING 75,000
    UW - MILWAUKEE FOUNDATION
    1440 EAST NORTH AVENUE
    MADISON,WI53202     		NONE PC GENERAL OPERATING 12,500
    CENTRAL CROSS COUNTRY SKI FOUNDATION
    718 POST ROAD SUITE F
    MADISON,WI53713     		NONE PC GENERAL OPERATING 20,000
    MADISON MUSEUM OF CONTEMPORARY ART
    227 STATE STREET
    MADISON,WI53703     		NONE PC GENERAL OPERATING 5,000
    CLEAN LAKES ALLIANCE
    150 EAST GILMAN STREET 2600
    MADISON,WI53703     		NONE PC GENERAL OPERATING 5,000
    WISCONSIN HISTORICAL FOUNDATION
    PO BOX 260050
    MADISON,WI53726     		NONE PC GENERAL OPERATING 25,000
    UW FOUNDATION
    1848 UNIVERSITY AVE
    MADISON,WI53726     		NONE PC GENERAL OPERATING 10,000
    ONE CITY SCHOOLS
    2012 FISHER ST
    MADISON,WI53713     		NONE PC GENERAL OPERATING 15,000
    MADISON SYMPHONY ORCHESTRA
    222 WEST WASHINGTON AVE STE 460
    MADISON,WI53703     		NONE PC GENERAL OPERATING 5,000
    OVERTURE CENTER
    201 STATE ST
    MADISON,WI53703     		NONE PC GENERAL OPERATING 5,000
    EDGEWOOD COLLEGE
    1000 EDGEWOOD COLLEGE DR
    MADISON,WI53711     		NONE PC GENERAL OPERATING 7,500
    GROUNDSWELL CONSERVANCY
    303 SOUTH PATERSON STREET STE 6
    MADISON,WI53703     		NONE   GENERAL OPERATING 3,000
    Total .................................bullet 3a 198,000
    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 86,460  
    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 ............     		    18 308,945  
    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)..   395,405  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    395,405
    (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:
    DANIEL W ERDMAN FOUNDATION INC
    EIN:
    39-2012234
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 750     750

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    DANIEL W ERDMAN FOUNDATION INC
    EIN:
    39-2012234
    Name of Bond End of Year Book Value End of Year Fair Market Value
    24422ERH4 JOHN DEERE CAP MTN 30,055 30,688
    06406RAG2 BANK OF NY MTN 40,204 42,896
    63872T620 LOOMIS SAYLES STRATE    
    375558BB8 GILEAD SCIENCES INC    
    258620103 DOUBLELINE TOTAL RET 100,000 102,246
    94974BFC9 WELLS FARGO MTN 30,004 31,103
    064159LG9 BANK OF NOVA SCOTTA 29,875 30,257
    057071854 BAIRD AGGREGATE BOND 291,661 319,930
    458140AR1 INTEL CORP 30,050 31,382

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DANIEL W ERDMAN FOUNDATION INC
    EIN:
    39-2012234
    Name of Stock End of Year Book Value End of Year Fair Market Value
    89832Q109 TRUIST FINL CORP    
    12572Q105 CME GROUP INC 5,008 6,736
    713448108 PEPSICO INC 26,809 68,663
    913017109 UNITED TECHNOLOGIES    
    654106103 NIKE INC 8,629 56,588
    595112103 MICRON TECHNOLOGY IN 19,663 34,733
    30303M102 FACEBOOK INC A 10,298 46,437
    084670702 BERKSHIRE HATHAWAY I 52,065 87,879
    025537101 AMERICAN ELECTRIC PO 3,980 4,746
    254687106 DISNEY WALT CO    
    458140100 INTEL CORP 13,685 14,946
    459200101 INTERNATIONAL BUSINE 13,867 12,336
    571748102 MARSH MCLENNAN COS I 6,354 10,062
    931142103 WAL MART STORES INC 28,305 36,614
    375558103 GILEAD SCIENCES INC 3,084 2,447
    94106L109 WASTE MGMT INC 4,301 6,958
    G47791101 INGERSOLL RAND PLC    
    09247X101 BLACKROCK INC 3,074 5,772
    58933Y105 MERCK AND CO INC 13,674 16,933
    92939U106 WEC ENERGY GROUP INC 3,531 5,246
    110122108 BRISTOL MYERS SQUIBB 31,172 35,047
    023135106 AMAZON.COM INC 20,178 341,978
    412295107 HARDING LOEVNER INTL 55,000 81,158
    464287598 ISHARES RUSSELL 1000 78,239 152,454
    46090E103 INVESCO QQQ TRUST ET 42,679 109,809
    478160104 JOHNSON JOHNSON 40,356 93,484
    452308109 ILLINOIS TOOL WORKSI 4,541 20,388
    01609W102 ALIBABA GROUP HOLDIN 18,192 49,571
    22160K105 COSTCO WHSL CORP 9,311 62,169
    46625H100 J P MORGAN CHASE CO 49,218 133,678
    00287Y109 ABBVIE INC 12,075 53,575
    922908652 VANGUARD EXTENDED MA 79,521 157,763
    427866108 THE HERSHEY COMPANY 2,192 3,199
    532457108 ELI LILLY CO 4,831 9,286
    907818108 UNION PACIFIC CORP 8,927 16,449
    30040W108 EVERSOURCE ENERGY 3,044 4,412
    20030N101 COMCAST CORP CL A 12,803 17,764
    81369Y209 HEALTH CARE SELECT S 15,579 48,779
    02079K107 ALPHABET INC CL C 12,418 96,353
    701094104 PARKER HANNIFIN CORP 3,575 5,993
    665859104 NORTHERN TR CORP 7,083 6,986
    17275R102 CISCO SYSTEMS INC 46,401 55,714
    512807108 LAM RESEARCH CORP 4,036 12,751
    91913Y100 VALERO ENERGY CORP    
    438516106 HONEYWELL INTERNATIO 8,178 13,826
    902973304 US BANCORP 7,560 6,895
    11135F101 BROADCOM INC 10,095 16,638
    260557103 DOW INC    
    037833100 APPLE INC 13,717 515,235
    053015103 AUTOMATIC DATA PROCE 3,596 6,519
    835495102 SONOCO PRODS CO 2,960 3,318
    G1151C101 ACCENTURE PLC CL A 5,104 8,620
    806857108 SCHLUMBERGER LTD    
    911312106 UNITED PARCEL SERVIC 3,960 6,231
    872540109 TJX COMPANIES INC 13,638 40,974
    30231G102 EXXON MOBIL CORP 16,046 8,244
    92343V104 VERIZON COMMUNICATIO 53,430 102,460
    922908686 VANGUARD SMALL CAP I 41,631 75,488
    78467Y107 MIDCAP SPDR TRUST SE 81,029 134,794
    64110L106 NETFLIX.COM INC 14,169 67,591
    464288273 ISHARES MSCI EAFE SM    
    231021106 CUMMINS INC 3,484 4,996
    494368103 KIMBERLY CLARK CORP 5,611 5,933
    882508104 TEXAS INSTRUMENTS IN 6,842 13,951
    693475105 P N C FINANCIAL SERV 7,202 9,238
    125896100 C M S ENERGY CORP 1,677 3,600
    867224107 SUNCOR ENERGY INC    
    22822V101 CROWN CASTLE INTL CO 1,888 3,661
    718172109 PHILIP MORRIS INTL 8,639 6,458
    H1467J104 CHUBB LTD 9,292 10,313
    88579Y101 3M CO    
    253868103 DIGITAL REALTY TRUST 5,731 6,976
    949746101 WELLS FARGO CO    
    13645T100 CANADIAN PACIFIC RAI 15,805 48,537
    922908553 VANGUARD REIT ETF 51,969 47,561
    244199105 DEERE CO. 3,517 5,650
    097023105 BOEING CO    
    110122157 BRISTOL MYERS SQUIBB    
    464287465 ISHARES MSCI EAFE ET 92,545 100,612
    922908769 VANGUARD TOTAL STOCK 38,202 119,314
    670678507 NUVEEN REAL ESTATE S 36,590 39,288
    06828M876 BARON EMERGING MARKE 75,236 129,614
    071813109 BAXTER INTERNATIONAL 3,169 3,852
    666807102 NORTHROP GRUMMAN COR 4,430 3,961
    695156109 PACKAGING CORP AMERI 2,157 2,758
    91324P102 UNITED HEALTH GROUP 4,221 9,468
    65339F101 NEXTERA ENERGY INC 2,031 6,172
    002824100 ABBOTT LABORATORIES 25,157 113,322
    922908710 VANGUARD 500 INDEX A 20,000 30,207
    166764100 CHEVRON CORPORATION 13,795 11,232
    20825C104 CONOCOPHILLIPS 5,268 3,119
    02079K305 ALPHABET INC CL A 25,183 175,264
    29875E100 AMERICAN EUROPACIFIC    
    742718109 PROCTER GAMBLE CO 8,654 13,079
    594918104 MICROSOFT CORP 4,739 23,354
    020002101 ALLSTATE CORP 9,296 9,784
    464287804 I SHARES S P SMALLC 77,380 130,314
    580135101 MCDONALDS CORP 3,911 5,579
    717081103 PFIZER INC    
    437076102 HOME DEPOT INC 9,069 15,140
    539830109 LOCKHEED MARTIN CORP 11,079 13,489
    060505104 BANK OF AMERICA CORP 13,733 15,094
    98389B100 X CEL ENERGY INC 3,700 5,067
    G5960L103 MEDTRONIC PLC 7,202 9,254
    609207105 MONDELEZ INTERNATION 2,826 3,801
    00206R102 ATT INC 4,660 4,084
    25746U109 DOMINION RESOURCES I    
    482480100 KLA TENCOR CORPORATI 4,051 10,356
    023608102 AMEREN CORP 3,281 4,449
    55261F104 M T BANK CORP    
    87612E106 TARGET CORP 9,184 15,358
    74144T108 T ROWE PRICE GROUP I 4,293 7,115
    74251V102 PRINCIPAL FINANCIAL    
    032654105 ANALOG DEVICES INC 6,909 8,716
    26875P101 E O G RES INC 3,378 3,242
    G29183103 EATON CORP PLC 4,307 5,526
    26441C204 DUKE ENERGY HOLDING 1,603 1,648
    723484101 PINNACLE WEST CAP CO 1,620 1,679
    31620M106 FIDELITY NATL INFORM 4,170 4,385
    79466L302 SALESFORCE COM INC 17,900 30,042
    G8994E103 TRANE TECHNOLOGIES P 4,817 9,435
    30225T102 EXTRA SPACE STORAGE 2,883 3,592
    053611109 AVERY DENNISON CORP 2,747 3,412
    34959E109 FORTINET INC 16,164 22,280
    177376100 CITRIX SYSTEMS INC 3,317 3,253
    H84989104 TE CONNECTIVITY LTD 2,941 4,116
    38141G104 GOLDMAN SACHS GROUP 31,238 39,557
    233331107 D T E ENERGY CO 2,328 3,157
    718546104 PHILLIPS 66 3,102 3,217
    086516101 BEST BUY CO INC 2,725 2,595
    053484101 AVALONBAY CMNTYS INC 3,193 2,246
    87918A105 TELADOC INC 21,506 23,995
    75513E101 RAYTHEON TECHNOLOGIE 10,987 25,029
    278642103 EBAY INC. 6,363 6,985

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DANIEL W ERDMAN FOUNDATION INC
    EIN:
    39-2012234
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    63873P817 LOOMIS SAYLES STRATE AT COST 118,590 124,194
    74440B884 PGIM TOTAL RETURN BO AT COST 105,000 106,791
    46434VBA7 ISHARES IBONDS DEC 2 AT COST 25,626 25,570
    46434VBD1 ISHARES IBONDS DEC 2 AT COST 44,781 45,161

    TY 2020 OtherAssetsSchedule
    Name:
    DANIEL W ERDMAN FOUNDATION INC
    EIN:
    39-2012234
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MUTUAL FUND TIMING DIFFERENCE 1,535 0 0
    000000000 MISCELLANEOUS ENTRY   1,042 1,042


    TY 2020 OtherDecreasesSchedule
    Name:
    DANIEL W ERDMAN FOUNDATION INC
    EIN:
    39-2012234
    Description Amount
    BRISTOL MYERS ROC ADJ 2,913
    VANGUARD REIT ROC ADJ 133
    CROWN CASTLE ROC ADJ 29
    COST BASIS ADJ 25


    TY 2020 OtherExpensesSchedule
    Name:
    DANIEL W ERDMAN FOUNDATION INC
    EIN:
    39-2012234
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 4 4   0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DANIEL W ERDMAN FOUNDATION INC
    EIN:
    39-2012234
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 38,617 38,617    
    3RD PARTY MANAGEMENT FEES 1,595 1,595    


    TY 2020 TaxesSchedule
    Name:
    DANIEL W ERDMAN FOUNDATION INC
    EIN:
    39-2012234
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 334 334   0
    FOREIGN TAXES ON NONQUALIFIED 1 1   0