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
Dupaco RW Hoefer Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1000 Jackson St
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Dubuque, IA52001
A Employer identification number

45-4145438
B Telephone number (see instructions)

(563) 557-7600
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$7,586,738J 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) 687,107
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 129,846 129,846  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 198,079
b Gross sales price for all assets on line 6a 622,962
7 Capital gain net income (from Part IV, line 2)... 198,079
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 5,879    
12 Total. Add lines 1 through 11........ 1,020,911 327,925  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 12,868 12,868    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,028      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 14,896 12,868   0
25 Contributions, gifts, grants paid....... 346,342 346,342
26 Total expenses and disbursements. Add lines 24 and 25 361,238 12,868   346,342
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 659,673
b Net investment income (if negative, enter -0-) 315,057
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............. 566,440 119,730 119,730
2 Savings and temporary cash investments.........      
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)....... 3,661,350 Click to see attachment4,042,463 4,042,463
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,316,168 Click to see attachment3,424,545 3,424,545
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,543,958 7,586,738 7,586,738
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........... 6,543,958 7,586,738
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........    
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)..... 6,543,958 7,586,738
30 Total liabilities and net assets/fund balances (see instructions). 6,543,958 7,586,738
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
6,543,958
2
Enter amount from Part I, line 27a .....................
2
659,673
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
421,297
4
Add lines 1, 2, and 3 ..........................
4
7,624,928
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
38,190
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,586,738
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 Sales from 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 517,629   424,883 92,746
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       92,746
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 2 198,079
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 19,577
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 4,379
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  
3 Add lines 1 and 2........................... 3 4,379
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,379
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,028
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,351
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 4379 7 4,379
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
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$   (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)
    bulletIA
    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 ofbullet   Telephone no.bullet (563) 557-7600

    Located atbullet1000 Jackson StDubuqueIA ZIP+4bullet52001
    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
    Denise Dolan Director, Chair
    001.00     		0    
    2830 Oak Meadow Ct
    Dubuque,IA52002
    Randy Skemp Director, Vice Chair
    001.00     		0    
    3550 Charleston Ct
    Dubuque,IA52002
    Robert Hoefer Director
    001.00     		0    
    3620 Seville Drive
    Dubuque,IA52002
    Joseph Hearn Director, Secretary
    001.00     		0    
    2268 Clover Lane
    Asbury,IA52002
    Danielle Gratton Director, Treasurer
    001.00     		0    
    6431 Torrey Pines Drive
    Dubuque,IA52002
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 None 0
    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 None  
    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
    5,952,125
    b
    Average of monthly cash balances.......................
    1b
    501,581
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,453,706
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,453,706
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    96,806
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,356,900
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    317,845
    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
    317,845
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,379
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,379
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    313,466
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    313,466
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    313,466
    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 Click to see attachment..........
    1a
    346,342
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    346,342
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    346,342
    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 7 313,466
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 31,622
    b Total for prior years:20, 20, 20  
    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........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 346,342
    a Applied to 2019, but not more than line 2a 31,622
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 313,466
    e Remaining amount distributed out of corpus 1,254
    5 Excess distributions carryover applied to 2020.    
    (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 1,254
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,254
    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.... 1,254
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    None
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    None
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Dupaco R W Hoefer Foundation
    PO Box 179
    Dubuque,IA520040179
    (563) 557-7600
    RWHoeferFoundationdupaco.com
    bThe form in which applications should be submitted and information and materials they should include:
    Grant Application Form at www.dupaco.com/community/dupaco-rw-hoefer-foundation/
    cAny submission deadlines:
    May 1 November 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The encouragement of education, promotion of charity, and to contribute to organizations or causes which enhance the quality of life.
    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
    Abigail Schares
    1011 Vermont St
    Waterloo,IA50702     		None I NEEDS BASED 943
    Alex Schroeder
    PO Box 680
    Wautoma,WI54982     		None I NEEDS BASED 900
    Alexis Bomstad
    104 Dakota St
    Glidden,IA514430027     		None I NEEDS BASED 300
    Alexis Ihde
    715 2nd St NW
    Dyersville,IA52040     		None I NEEDS BASED 1,000
    Alicia Manternach
    211 Buchanan St SW
    Cascade,IA52033     		None I NEEDS BASED 1,000
    Alicia McFann
    405 4th St Apt 7
    Delhi,IA522230174     		None I NEEDS BASED 200
    Alura Fieser
    424 Liberty Dr SE
    Cedar Rapids,IA52403     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Alyson Cook
    3733 Pine Rd
    Shullsburg,WI53586     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Alyssa Smith
    1812 Central Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,300
    Alzheimer's Association
    301 Bell St
    Dubuque,IA52003     		None PC NEEDS BASED 900
    Amanda Brade
    490 Valleyview Drive
    Marion,IA52302     		None I NEEDS BASED 2,000
    Amani Community Services
    315 Falls Ave Ste 1
    Waterloo,IA50701     		None PC NEEDS BASED 2,000
    Amy Lynn Banowetz
    3095 Brittany Circle
    Cedar Rapids,IA52411     		None I NEEDS BASED 600
    Amy Reiter
    701 State Street
    Bellevue,IA52031     		None I NEEDS BASED 3,000
    Angelica Pfohl
    852 Rush Street
    Dubuque,IA52001     		None I NEEDS BASED 1,500
    Anna Pfeiffer
    8700 Melinda Drive
    Peosta,IA52068     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Anthoney Clayton
    1627 Wauneta Ct
    Webster City,IA50595     		None I NEEDS BASED 1,000
    Ashley Josh Klein
    677 Flamingo Ln
    Hazel Green,WI53811     		None I NEEDS BASED 1,000
    Ashley Becker
    3041 Brunswick St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Ashley Costello
    14806 Old Highway Rd
    Dubuque,IA52002     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Ashley Puczinski
    5006 Rich Mar Ln NW
    Cedar Rapids,IA52405     		None I NEEDS BASED 3,000
    Austin Demmer
    304 6th Ave SE
    Dyersville,IA52040     		None I NEEDS BASED 1,000
    Austin Nerney
    13 W Margaret ST
    Earlville,IA52041     		None I NEEDS BASED 1,000
    Ava Bradley
    9588 Laudeville Rd
    Dubuque,IA52003     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Barbara Salas
    30972 Cty Rd Xx Lot 224
    Platteville,WI53818     		None I NEEDS BASED 1,000
    Benaiah Husemann
    1720 16th St
    Hazel Green,WI53811     		None I NEEDS BASED 1,000
    Benjamen Wilson
    2112 Washington St
    Dubuque,IA52001     		None I NEEDS BASED 300
    Boy Scouts of America
    PO Box 732
    Dubuque,IA52004     		None PC NEEDS BASED 2,500
    Brenda Nank
    2172 KeyWay Dr
    Dubuque,IA520023820     		None I NEEDS BASED 400
    Brenda Skalsky
    424 Belmont Ave
    Waterloo,IA50701     		None I NEEDS BASED 1,000
    Brian Stephanie Reuter
    312 Pheasant Run
    Epworth,IA52045     		None I NEEDS BASED 2,000
    Brian Bunten
    2805 Central Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Brian Kallhoff
    302 2nd St
    Ralston,IA51459     		None I NEEDS BASED 500
    Brooke Lindemier
    17733 McDevitt Ln
    Bernard,IA520329514     		None I NEEDS BASED 300
    Bruce Harberts
    6119 Sunnyside Ln
    Cedar Falls,IA506130027     		None I NEEDS BASED 200
    Calvin Vize
    2912 Balke St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Camay Smith
    219 Newell St
    Waterloo,IA50703     		None I NEEDS BASED 1,000
    Camber Oldham
    1010 Grouse Ct
    North Liberty,IA52317     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Candace Zalaznik
    41w627 Barberry Lane
    St Charles,IL60175     		None I NEEDS BASED 3,000
    Catlin Heiar
    727 Alta Vista St
    Dubuque,IA52001     		None I NEEDS BASED 5,000
    Chance Brammer
    202 Gas Light Court Southwest
    Cedar Rapids,IA52404     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Chris Misty Woolf
    809 Rhomberg Ave
    Dubuque,IA52001     		None I NEEDS BASED 3,000
    Christian Community Development (House of Hope)
    845 W 4th St
    Waterloo,IA50702     		None PC NEEDS BASED 2,500
    Christopher Payton
    3634 Ravenwood Cir
    Waterloo,IA507025530     		None I NEEDS BASED 200
    Christopher Stoker
    450 Esther St
    Dubuque,IA52003     		None I NEEDS BASED 1,000
    Clarissa Craig
    2753 Broadway St
    Dubuque,IA52001     		None I NEEDS BASED 2,500
    Colin Udelhofen
    4227 Long Branch Rd
    Potosi,WI53820     		None I NEEDS BASED 1,000
    Compass to Care
    900 Jackson St Ste LL5-2H
    Dubuque,IA52001     		None PC NEEDS BASED 1,000
    Constance Grimm
    PO Box 8015
    Waterloo,IA507048015     		None I NEEDS BASED 5,000
    Crescent Community Health Center
    1690 Elm Street Ste 300
    Dubuque,IA52001     		None PC NEEDS BASED 5,000
    Cynthia Vaala
    216 Leonard Ave
    Waterloo,IA50703     		None I NEEDS BASED 3,000
    Danielle Hale
    103 Ann St
    Manning,IA51455     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Danielle Webster
    3816 Silver Spgs Dr NE
    Cedar Rapids,IA52402     		None I NEEDS BASED 1,000
    Daquan Campbell
    1009 Manson St
    Waterloo,IA50703     		None I NEEDS BASED 1,000
    Dathan Welbes
    2536 Broadway St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    David Brokus
    702 Lincoln Ave
    Dubuque,IA52001     		None I NEEDS BASED 600
    David Johnson
    2505 Broadway St
    Dubuque,IA52001     		None I NEEDS BASED 1,500
    David Wells
    74103 Morse Rd
    Gildden,WI54527     		None I NEEDS BASED 1,000
    DeAnna Dotson
    411 E Lena St
    Lena,IL61048     		None I NEEDS BASED 2,250
    Demarius Walton
    321 Joder Ave
    Waterloo,IA50701     		None I NEEDS BASED 1,000
    Diane Scott Kieffer
    1330 Garfield Ave
    Dubuque,IA52001     		None I NEEDS BASED 3,000
    Dona M Knight
    220 N Penn St
    Belmont,WI535100163     		None I NEEDS BASED 200
    Donald Nix
    313 Cottage St
    Waterloo,IA507033110     		None I NEEDS BASED 200
    Dubuque Restorative Strategies
    700 Main St
    Dubuque,IA52003     		None PC NEEDS BASED 6,000
    Dubuque Visiting Nurse Association
    660 Iowa St
    Dubuque,IA52001     		None PC NEEDS BASED 2,000
    Ecumenical Community Center Foundation
    601 2nd Ave SE 1
    Cedar Rapids,IA52401     		None PC NEEDS BASED 3,000
    Elizabeth Sarauer
    921 E Madison St
    Platteville,WI53818     		None I NEEDS BASED 1,000
    Emily Pitzer
    650 W Madison St
    Platteville,WI53818     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Emma Holmes
    1300 Oakland Rd NE Apt 1103
    Cedar Rapids,IA52402     		None I NEEDS BASED 1,498
    Eric Puccio
    1740 Bristol Dr
    Dubuque,IA52001     		None I NEEDS BASED 3,500
    Erin Diekman
    1552 Lucy Dr
    Dubuque,IA52002     		None I NEEDS BASED 4,000
    Eugene Kiruhura
    8080 Harbach Blvd
    Clive,IA50325     		None I NEEDS BASED 4,000
    Families Helping Families
    3516 Center Point Rd NE
    Cedar Rapids,IA52402     		None PC NEEDS BASED 2,000
    Felicia Scholtes
    14674 N Cascade Rd
    Dubuque,IA520039638     		None I NEEDS BASED 300
    Four Oak Family & Children's Services
    5400 Kirkwood Blvd SW
    Cedar Rapids,IA52404     		None PC NEEDS BASED 5,000
    Francis Kelly Jr
    1720 Bristol Dr Apt 3
    Dubuque,IA52001     		None I NEEDS BASED 2,500
    Friends of the Family
    1900 JFK Rd
    Dubuque,IA52002     		None PC NEEDS BASED 1,000
    Gaspar Ramirez
    224 Julie Ct
    Waterloo,IA50702     		None I NEEDS BASED 1,000
    Girl Scouts of Eastern Iowa & Western Illinois
    317 7th Ave SE 201
    Cedar Rapids,IA52401     		None PC NEEDS BASED 2,500
    Gracie Weeks
    739 Carter St SW
    Ryan,IA52330     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Grin & Grow Child Care
    608 W 4th St
    Waterloo,IA50702     		None PC NEEDS BASED 2,000
    Guadalupe Torres Vega Family
    3320 Windsor Ave
    Dubuque,IA52001     		None I NEEDS BASED 5,000
    Gwen Paulsen
    22 Orchard Lane Ct
    Manchester,IA520571067     		None I NEEDS BASED 200
    Haley Flesch
    107 Reservoir St
    Potosi,WI53820     		None I NEEDS BASED 1,000
    Hannah Axline
    404 S Tama St
    Manchester,IA52057     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Hannah Schiesl
    3526 Eclipse Circle
    Dubuque,IA52003     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Hannah Smith
    3280 Hillcrest Rd Apt 3
    Dubuque,IA520013934     		None I NEEDS BASED 200
    Hayley Till
    275 Bryant St
    Dubuque,IA52003     		None I NEEDS BASED 1,000
    Hills & Dales
    1011 Davis St
    Dubuque,IA52001     		None PC NEEDS BASED 1,500
    House of Hope
    1744 2nd Ave SE
    Cedar Rapids,IA52403     		None PC NEEDS BASED 1,000
    Hunter Heiselman
    612 Magnolia Pkwy
    Waterloo,IA50701     		None I NEEDS BASED 1,000
    ISUEO Jones County
    800 N Maple St PO Box 28
    Monticello,IA52310     		None I NEEDS BASED 1,000
    Jacki Clasen
    408 Pine St
    LaMotte,IA52054     		None I NEEDS BASED 3,000
    Jacob Ambrosy
    1195 Rockdale Rd
    Dubuque,IA52003     		None I NEEDS BASED 1,000
    Jacob Beatty
    115 W Jefferson St
    Warren,IL61087     		None I NEEDS BASED 1,000
    Jacob Pasker
    120 Stow St
    Earlville,IA52041     		None I NEEDS BASED 1,000
    Jacquline Walsh
    Trlr 19 701 Cedar Cross Rd
    Dubuque,IA520037739     		None I NEEDS BASED 200
    Jadell Boyd
    723 Newton St
    Waterloo,IA507032249     		None I NEEDS BASED 300
    Jaime Mchaffie
    8458 Slide Rock Rd
    Anamosa,IA522057693     		None I NEEDS BASED 250
    Jamie Weekley
    121 1/2 1st Ave W
    Dyersville,IA520401104     		None I NEEDS BASED 300
    Janelle Ayers
    271 Johnson Ave NE
    Cedar Rapids,IA52405     		None I NEEDS BASED 2,000
    Janelle Miller
    321 Arthur Neu Dr
    Carroll,IA514013225     		None I NEEDS BASED 200
    Jay Blackmann
    3113 Kaufmann Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Jean De Dieu Rutagarama
    1233 Prairie View Dr
    West Des Moines,IA50266     		None I NEEDS BASED 4,000
    Jeffrey Mauthe
    580 May St
    Platteville,WI53818     		None I NEEDS BASED 1,000
    Jennifer Gaffney
    109 2nd St NW
    Oelwein,IA506550089     		None I NEEDS BASED 300
    Jennifer Maker
    1989 New Vienna Rd PO Box 43
    New Vienna,IA520650043     		None I NEEDS BASED 200
    Jennifer Outcalt
    2035 Pasadena Dr Apt 6
    Dubuque,IA52002     		None I NEEDS BASED 2,500
    Jess Wierson
    509 Montezuma St
    Malcom,IA50157     		None I NEEDS BASED 1,000
    Jessica Busker
    3418 County Road HHH
    Cuba City,WI53807     		None I NEEDS BASED 1,000
    Jodi Henkels
    2110 N Main St
    Hazel Green,WI53811     		None I NEEDS BASED 300
    Johnathan Kaalberg
    2418 Roemig St SW
    Cedar Rapids,IA524046158     		None I NEEDS BASED 350
    Joseph Gruber
    2217 Green St Apt 307
    Dubuque,IA52001     		None I NEEDS BASED 300
    Joshua Eley
    5605 Briarwood St SW
    Cedar Rapids,IA52404     		None I NEEDS BASED 1,000
    Judy Wold
    2360 Chaney Rd 3
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Julianne Free
    1642 Drexel St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Julie Brown
    2725 O Ave NW Apt 4
    Cedar Rapids,IA52402     		None I NEEDS BASED 1,500
    Junior Achievement of Eastern Iowa
    425 Cedar St Ste 320
    Waterloo,IA50701     		None PC NEEDS BASED 1,000
    Junior Board of the Dubuque Visiting Nurses Assc
    PO Box 3291
    Dubuque,IA52004     		None PC NEEDS BASED 1,500
    Justin Heitzman
    19800 International Blvd Apt G - 30
    Seatac,WA981885470     		None I NEEDS BASED 200
    Justin Redmond
    106 2nd Ave
    Newhall,IA52315     		None I NEEDS BASED 2,500
    Kacie Felix
    526 W 10th St
    Carroll,IA51401     		None I NEEDS BASED 1,000
    Kasey Wilsnefski
    45 E Dewey St
    Platteville,WI53818     		None I NEEDS BASED 1,500
    Kathleen Speaker
    400 1/2 Broadway St
    Galena,IL61036     		None I NEEDS BASED 3,000
    Kathryn Primmer
    1810 Mt Vernon Rd SE
    Cedar Rapids,IA52403     		None I NEEDS BASED 1,500
    Kelsey Feldmann
    2528 Stafford St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Kelsey Klopfenstein
    1973 Clarke Dr
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Kelsey Verburgt
    N1411 County Road B
    Colma,WI54930     		None I NEEDS BASED 1,000
    Kelsi Risk
    429 Duke St SW
    Cedar Rapids,IA52404     		None I NEEDS BASED 1,500
    Kelvin Outlaw
    700 Cedar Bend St
    Waterloo,IA507031610     		None I NEEDS BASED 200
    Kendra Travis Kaiser
    2721 Elm Street
    Dubuque,IA52001     		None I NEEDS BASED 2,000
    Kim Mohr
    1581 345th St
    Lake City,IA51449     		None I NEEDS BASED 2,000
    Kimberly Caldwell
    1045 Minnesota St
    Waterloo,IA50702     		None I NEEDS BASED 3,600
    Kimberly Caldwell
    1128 Glenny Ave
    Waterloo,IA50702     		None I NEEDS BASED 1,000
    Kylie Close
    1074 Cleveland Ave
    Dubuque,IA52003     		None I NEEDS BASED 1,000
    Larry Deanne Ahles
    514 Archer Ave
    Waterloo,IA50703     		None I NEEDS BASED 1,500
    Laura Fernandes
    2191 Broadlawn Rd
    Dubuque,IA52001     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Leah Little
    24629 110th Street
    Anamosa,IA52205     		None I NEEDS BASED 1,000
    Lenore Zoll
    4120 Elkhorn Dr
    Cedar Rapids,IA52411     		None I NEEDS BASED 2,000
    Lenyn Zuniga Valle
    960 Jackson St Apt 6
    Platteville,WI538182900     		None I NEEDS BASED 300
    Logan Cole
    3021 6th St SW Apt 9
    Cedar Rapids,IA52404     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Logan Lamar
    141 34th St NE
    Cedar Rapids,IA52402     		None I NEEDS BASED 1,500
    Lutheran Services In Iowa
    3125 Cottage Grove Ave
    Des Moines,IA50311     		None PC NEEDS BASED 2,000
    Maggie McDermott
    2135 Green St
    Dubuque,IA52001     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Maida Muharemovic
    3404 Rosehill Ter
    Waterloo,IA507014714     		None I NEEDS BASED 200
    Makiesha Jones
    718 1/2 Hammond Ave
    Waterloo,IA50702     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Malena Grummitt
    319 N William St
    Earlville,IA52036     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Manda Brimeyer
    1551 Bluff St Apt 2
    Dubuque,IA52001     		None I NEEDS BASED 300
    March of Dimes
    425 2nd St SE
    Cedar Rapids,IA52401     		None PC NEEDS BASED 875
    Marion Cares
    1050 McGowan Blvd
    Marion,IA52302     		None PC NEEDS BASED 2,000
    Marjean Darrington
    3250 County Home Rd
    Marion,IA52302     		None I NEEDS BASED 1,000
    Mary Davis
    1476 Hickson Ave
    Dubuque,IA52001     		None I NEEDS BASED 300
    Mayra Nunez
    21646 River Road
    Monticello,IA52310     		None I NEEDS BASED 1,000
    Michael LuGrain
    641 N Burden Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Michael McDermott
    333 E 10th St 234
    Dubuque,IA52001     		None I NEEDS BASED 2,500
    Michael Sullivan
    10551 Thunder Head Ct
    Peosta,IA52068     		None I NEEDS BASED 1,000
    Michael Taylor
    2320 Jackson St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Michelle Mosley
    216 E Lucy St
    Darlington,WI53530     		None I NEEDS BASED 1,000
    Mitchel Manders
    407 2nd Ave NW
    Farley,IA52046     		None I NEEDS BASED 1,000
    Mollie Williams
    520 Welch St
    Rewey,WI53580     		None I NEEDS BASED 1,000
    Monte Autry
    743 Liberty St
    Galesburg,IL61401     		None I NEEDS BASED 3,700
    Nicholas Torrey
    620 Kane St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Nick Hike
    3000 Regency Ct Apt 17
    Ames,IA50010     		None I NEEDS BASED 1,000
    Nick Pease
    74 N 2nd Street
    Platteville,WI53818     		None I NEEDS BASED 1,000
    Nicole Ford
    3100 Brunskill Rd Lot 19
    Dubuque,IA52003     		None I NEEDS BASED 1,000
    Nicole Klinge
    2105 W Ayres Ave
    West Peoria,IL61604     		None I NEEDS BASED 1,000
    Nicole Richey
    2553 Pearl St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Nicole Wersinger
    4951 Wakasu Ln
    Dubuque,IA52003     		None I NEEDS BASED 1,000
    Noah Rupp
    3570 Keymeer Dr
    Dubuque,IA52002     		None I NEEDS BASED 1,000
    Olivia Heiken
    1524 Rhomberg Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Paige Clauer
    7084 Hwy 133
    Potosi,WI53820     		None I NEEDS BASED 3,000
    Pat Kim Digman
    502 Provost Ave
    Scales Mound,IL61075     		None I NEEDS BASED 3,000
    Peosta Elementary Parents
    8522 Burds Rd
    Peosta,IA52068     		None PC NEEDS BASED 5,000
    Potosi Rescue Squad Inc
    210 N Main Street
    Potosi,WI53820     		None PC NEEDS BASED 5,000
    Rachel Severson
    129 Harbet Ave NW Apt 1
    Cedar Rapids,IA524054229     		None I NEEDS BASED 250
    Ray Ashley LaFrancois
    409 Lincoln Street
    Scales Mound,IL61075     		None I NEEDS BASED 1,000
    Rebecca Dodds
    791 Nevada Apt 4
    Dubuque,IA52001     		None I NEEDS BASED 500
    Rhonda Barton
    5301 Balltown Rd
    Sherrill,IA52073     		None I NEEDS BASED 3,000
    Riverview Center
    1789 Elm Street
    Dubuque,IA52001     		None PC NEEDS BASED 8,000
    Robert Braxton
    116 3rd ST SE Apt 1
    Dyersville,IA52040     		None I NEEDS BASED 4,000
    Romen Betwell
    1024 Rhomberg Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Rylee Capesius
    37444 230th Ave
    LaMotte,IA52054     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Salina Basten
    3229 Carlton Dr
    Cedar Falls,IA50613     		None I NEEDS BASED 1,000
    Saquisha Sturgeon
    1235 11th St NW
    Cedar Rapids,IA52405     		None I NEEDS BASED 1,000
    Sara Habick
    567 W 3rd St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Sara Reed
    2526 1st Ave NE
    Cedar Rapids,IA52402     		None I NEEDS BASED 1,675
    Sarah Potter
    625 Rhomberg Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,500
    Sarah Szumita
    1674 Mary Drive
    Marion,IA52302     		None I NEEDS BASED 1,500
    Sean Kluesner
    1852 Smith Street
    New Vienna,IA52065     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Shalom Spirituality Center
    1001 Davis Street
    Dubuque,IA52001     		None PC NEEDS BASED 1,000
    Shanetta Hannagan
    3641 Terrace Hill Dr NE
    Cedar Rapids,IA52402     		None I NEEDS BASED 1,300
    Shawn Klinkhammer
    2884 Hickory Hill
    Dubuque,IA52001     		None I NEEDS BASED 951
    Shayne Noble
    704 Lincoln Ave
    Dubuque,IA52001     		None I NEEDS BASED 5,000
    Sheryl Willamon
    1013 Broadway St
    Waterloo,IA507035817     		None I NEEDS BASED 200
    St John's Episcopal Church
    1458 Locust St
    Dubuque,IA52001     		None I NEEDS BASED 5,000
    Start School Right (Marion Independent School Foundation & Alumni Associati
    777 S 15th Street
    Marion,IA52302     		None PC NEEDS BASED 1,000
    Stephanie Gobrecht
    260 Lutheran St
    Platteville,WI538182706     		None PC NEEDS BASED 300
    Stephen Broxton Jr
    432 Emmett St
    Dubuque,IA52001     		None I NEEDS BASED 300
    Steven Roling
    1204 N 5th St
    Manchester,IA520571124     		None I NEEDS BASED 400
    Steven Vanderheiden
    821 Parriott St
    Aplington,IA506047703     		None I NEEDS BASED 300
    Susan Hosch
    319 E Benton St
    Cuba City,WI538071502     		None I NEEDS BASED 200
    Tali Stevens
    713 Kern St
    Waterloo,IA50703     		None I NEEDS BASED 1,000
    Tamika Culpepper
    1613 Aspen Dr
    Waterloo,IA507013568     		None I NEEDS BASED 200
    Tanager Place
    2309 C St W
    Cedar Rapids,IA52404     		None PC NEEDS BASED 1,000
    Taylar Simmons
    436 George Street
    Belmont,WI53510     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    The Job Foundation
    4600 University Ave Ste 1
    Cedar Falls,IA50613     		None PC NEEDS BASED 2,500
    Tiffani Anderson
    2515 Stafford St
    Dubuque,IA52001     		None I NEEDS BASED 500
    Tiffani Kauder
    10179 Richland Rd
    Monticello,IA52310     		None I NEEDS BASED 500
    Tiffany Kearney Ledesma
    1559 Shultz St
    Evansdale,IA507072825     		None I NEEDS BASED 200
    Tressa Pergande
    2151 Lacey Ct
    Cuba City,WI53807     		None I NEEDS BASED 2,000
    Trevor Demmer
    403 4th St SE
    Dyersville,IA52040     		None I NEEDS BASED 1,000
    Trish Goodwin
    PO Box 155
    Shullsburg,WI53586     		None I NEEDS BASED 1,500
    Trisha Abram
    1823 K Ave NE
    Cedar Rapids,IA524024708     		None I NEEDS BASED 300
    Two by Two Character Development
    470 W 4th St
    Dubuque,IA52001     		None PC NEEDS BASED 8,000
    We Care Daycare
    1445 Mt Vernon Rd SE
    Cedar Rapids,IA52403     		None PC NEEDS BASED 1,000
    Willis Dady Homeless Services
    1247 4th Ave SE
    Cedar Rapids,IA52403     		None PC NEEDS BASED 3,000
    Winifred Gilbert
    4124 Thresher Ct Unit 308
    Cedar Falls,IA50613     		None I NEEDS BASED 1,000
    Wisconsin Badger Camp
    PO Box 723
    Platteville,WI53818     		None PC NEEDS BASED 1,500
    YPN
    420 6th Street SE
    Cedar Rapids,IA52401     		None PC NEEDS BASED 2,000
    Zachary Nichols
    497 Bolton Manor Rd
    Springville,IA523369749     		None I NEEDS BASED 400
    Total .................................bullet 3a 346,342
    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....     14 129,846  
    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 ............     		    18 198,079  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aTax Refund     		        5,879
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   327,925 5,879
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    333,804
    (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.)
    11a Revenues are from a refund of previously paid net investment income excise taxes.
    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: 20011406
    Software Version: 20.0.2.0
    Part VI Line 7 - Tax Paid with the Original Return: 4,379


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

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    Dupaco RW Hoefer Foundation
     
    Employer identification number

    45-4145438
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    Dupaco RW Hoefer Foundation
          		Employer identification number
    45-4145438
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Dupaco Community Credit Union
    1000 Jackson St
     
    Dubuque, IA52001

    		$ 610,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    Dupaco RW Hoefer Foundation
          		Employer identification number

    45-4145438
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    Dupaco RW Hoefer Foundation
          		Employer identification number

    45-4145438
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID: 20011406
    Software Version: 20.0.2.0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    18739 shares of ARTISAN INTERNATIONAL ADV APDIX 646,506 646,506
    9998 shares of ARTISAN MID CAP ADV APDMX 486,323 486,323
    10499 shares of JP MORGAN VALUE ADVANTAGE INS JVAIX 373,255 373,255
    10597 shares of TEMPLETON INSTL FOREIGN SMALLER CO TFSCX 244,039 244,039
    458 shares of VANGUARD INDEX TR SP 500 ADM CL VFIAX 158,581 158,581
    500 shares of BECTON DICKINSON CO COM 125,110 125,110
    1000 shares of CATERPILLAR INC DEL COM 182,020 182,020
    750 shares of DEERE CO COM 201,788 201,788
    5000 shares of HORMEL FOODS CORP COM 233,050 233,050
    1000 shares of ILLINOIS TOOL WKS INC COM 203,880 203,880
    1000 shares of JOHNSON JOHNSON COM 157,380 157,380
    1000 shares of KELLOGG CO COM 62,230 62,230
    13166 shares of AMERICAN CENTURY MID CAP VALUE Y 224,218 224,218
    4653 shares of DELAWARE SMALL CAP VALUE R6 295,513 295,513
    4625 shares of T ROWE PRICE GROWTH ST 448,570 448,570

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GOLDMAN SACHS FINANCIAL SQUARE FMV 694,542 694,542
    AMG MANAGERS DOUBLE CORE PLUS BOND FMV 691,539 691,539
    AUSTIN TX ELECTRIC UTILITY FMV 52,530 52,530
    CHAMPAIGN CNTY IL SCH FMV 50,188 50,188
    FRANKLIN STRATEGIC INCOME ADV FKSAX FMV 671,811 671,811
    PERFORMANCE TR STRATEGIC BOND FD PTIAX FMV 696,410 696,410
    VANGUARD FIXED INCOME GNMA ADM CL VFIJX FMV 64,356 64,356
    JACKSON COUNTY MO SCH DIST FMV 99,172 99,172
    FAIRFIELD OH CITY SCH DIST FMV 110,821 110,821
    GUGGENHEIM FDS TR TTL RET GIBIX FMV 242,877 242,877
    CHIPPEWA VALLEY MI FMV 50,299 50,299

    TY 2020 OtherDecreasesSchedule
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Description Amount
    Book/Tax stock basis 38,190


    TY 2020 OtherIncomeSchedule2
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Tax Refund 5,879    


    TY 2020 OtherIncreasesSchedule
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Description Amount
    Unrealized gain 421,297


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 12,868 12,868    


    TY 2020 TaxesSchedule
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax paid on net investment income 2,028