TY 2020 Form 990PF

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)
	1	Contributions, gifts, grants, etc., received (attach schedule)	1,056,984
2	Check .............
3	Interest on savings and temporary cash investments	14,494	14,494
4	Dividends and interest from securities...	38,262	38,262
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		34,406
b	Gross sales price for all assets on line 6a 975,290
7	Capital gain net income (from Part IV, line 2)...		34,406
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	1,144,146	87,162	0
	13	Compensation of officers, directors, trustees, etc.	0	0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		1,944	0	0	1,944
b	Accounting fees (attach schedule).......		5,550	2,775	0	2,775
c	Other professional fees (attach schedule)....		15,771	13,371	0	2,400
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		4,700	0	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	407	0	0	0
22	Printing and publications..........
23	Other expenses (attach schedule).......		5,434	0	0	4,707
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	33,806	16,146	0	11,826
25	Contributions, gifts, grants paid.......	774,040			727,290
26	Total expenses and disbursements. Add lines 24 and 25	807,846	16,146	0	739,116
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	336,300
b	Net investment income (if negative, enter -0-)		71,016
c	Adjusted net income (if negative, enter -0-)...			0

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	34,406
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 ...................	3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	987
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	987
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	987
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	2,430
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............	7	2,430
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.......	9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10	1,443
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax1,443	Refunded	11	0

(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
LEOLA CULVER	PRESIDENT & DIRECTOR 4.00	0	0	0
1240 WATER STREET PRAIRIE DU SAC,WI53578
NETTIE STENBERG	VP, SECRETARY & DIRECTOR 15.00	0	0	0
1240 WATER STREET PRAIRIE DU SAC,WI53578
DIANA SHEBEL THROUGH APRIL 2021	TREASURER & DIRECTOR 6.00	0	0	0
1240 WATER STREET PRAIRIE DU SAC,WI53578
STEVE ANDERSON	DIRECTOR 0.25	0	0	0
1240 WATER STREET PRAIRIE DU SAC,WI53578
JULIE FUSSNER	DIRECTOR 0.25	0	0	0
1240 WATER STREET PRAIRIE DU SAC,WI53578
MARK NACHREINER	DIRECTOR 0.25	0	0	0
1240 WATER STREET PRAIRIE DU SAC,WI53578

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN CANCER SOCIETY PO BOX 902 PEWAUKEE,WI53072		PC	TO HELP SUPPORT THE RELAUNCH AND OPERATION OF THE ROAD TO RECOVERY PROGRAM.	10,000
AMERICAN RED CROSS 4860 SHEBOYGAN AVE MADISON,WI53705		PC	DERECHO STORM RELIEF EFFORTS	5,000
ASSET BUILDERS OF AMERICA 1213 NORTH SHERMAN AVE 195 MADISON,WI53704		PC	TO SUPPORT YOUTH POWER ACADEMY OF FINANCE PROGRAM	2,500
BARABOO AREA HOMELESS SHELTER 300 2ND ST BARABOO,WI53913		PC	SUPPORT TO GET THE NEW SHELTER UP AND RUNNING	10,000
DOMESTIC ABUSE INTERVENTION SERVICES (DAIS) 2102 FORDEM AVE MADISON,WI53704		PC	TO SUPPORT OPERATIONAL COSTS ASSOCIATED WITH THE ORGANIZATION'S MISSION	10,000
EASTER SEALS WISCONSIN 8001 EXCELSIOR DR SUITE 200 MADISON,WI53717		PC	TO HELP FUND CAMPING EXPERIENCES FOR CHILDREN WITH DISABILITIES	5,000
FIRST TEE - SOUTH CENTRAL WISCONSIN 5501 SCHROEDER RD SUITE 100 MADISON,WI53711		PC	TO HELP SUPPORT THE FIRST TEE OF SOUTH CENTRAL WISCONSIN'S LEARNING CENTER PROGRAMMING	10,000
GOOD NEIGHBOR CLINIC OF SAUK PRAIRIE 95 LINCOLN AVE PRAIRIE DU SAC,WI53578		PC	TO SUPPORT THE COSTS ASSOCIATED WITH CARRYING OUT THE ORGANIZATION'S MISSION	10,000
GOODMAN COMMUNITY CENTER 214 WAUBESA ST MADISON,WI53704		PC	HUNGER HEROES PROJECT	10,000
HABITAT FOR HUMANITY OF WISCONSIN RIVER AREA 1211 8TH ST BARABOO,WI53913		PC	GRANT TO FUND NEW PROGRAM, "HERE TO STAY: HOME UPKEEP FOR ALL".	4,000
THE KID'S RANCH INC PO BOX 219 BARABOO,WI53913		PC	TO HELP SUPPORT THE KID'S RANCH SUMMER FAMILY CAMP	10,000
MADISON CHILDREN'S MUSEUM 100 NORTH HAMILTON ST MADISON,WI53703		PC	TO HELP SUPPORT MADISON CHILDREN'S MUSEUM'S SIDEWALK SURPRISES AND DISCOVERY KITS	5,000
MADISON COLLEGE 1701 WRIGHT STREET MADISON,WI53704		GOV	EDUCATIONAL SUPPORT	10,000
RESTORING HOPE TRANSPLANT HOUSE INC 7457 TERRACE AVE MIDDLETON,WI53562		PC	GENERAL SUPPORT FOR SHORT-TERM TRANSITIONAL FACILITY	10,000
RUTH CULVER COMMUNITY LIBRARY 540 WATER ST PRAIRIE DU SAC,WI53578		PC	RUTH CULVER COMMUNITY LIBRARY DONATION - GENERAL SUPPORT	10,000
SAUK PRAIRIE DOLLARS FOR SCHOLARS (SCHOLARSHIP AMERICA INC) PO BOX 24 PRAIRIE DU SAC,WI53578		PC	SCHOLARSHIPS	5,000
SAUK PRAIRIE AREA FOOD PANTRY INC PO BOX 652 821 INDUSTRY RD SAUK CITY,WI53583		PC	TO HELP SUPPORT THE MISSION OF CARING FOR THOSE IN NEED	20,000
SAUK PRAIRIE SCHOOL DISTRICT 440 13TH ST PRAIRIE DU SAC,WI53578		GOV	SUMMER SCHOOL READING PROGRAM	3,540
ST ALOYSIUS SCHOOL 115 MADISON ST SAUK CITY,WI53583		PC	TO HELP SUPPORT THE COST OF ADDITIONAL SUPPLIES AND MATERIALS NEEDED DURING THE PANDEMIC	2,500
ST VINCENT DE PAUL 815 19TH ST PRAIRIE DU SAC,WI53578		PC	TO COVER COSTS WHERE THE NEED IS THE GREATEST	10,000
SCHOLARSHIPS PAID DIRECTLY TO SCHOO 1240 WATER ST PRAIRIE DU SAC,WI53578	NONE	I	EDUCATIONAL ASSISTANCE - DETAIL ON REQUEST	6,750
ABRAHAM BALDWIN AGRICULTURAL COLLEG 2802 MOORE HWY TIFTON,GA31793	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
ANOKA RAMSEY COMMUNITY COLLEGE 300 SPIRIT RIVER DR S CAMBRIDGE,MN55008	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
ARIZONA STATE UNIVERSITY 1150 EAST UNIVERSITY DR TEMPE,AZ85281	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
AUGUSTANA COLLEGE 639 38TH ST ROCK ISLAND,IL61201	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	5,000
AURORA UNIVERSITY 347 S GLADSTONE AVE AURORA,IL60506	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	9,250
BALL STATE UNIVERSITY 2000 W UNIVERSITY AVE MUNCIE,IN47306	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	5,500
BELLARMINE UNIVERSITY 2001 NEWBURG RD LOUISVILLE,KY40205	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,250
BETHEL UNIVERSITY 3900 BETHEL DR ST PAUL,MN55112	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
BOWLING GREEN STATE UNIVERSITY 220 MCFALL CENTER BOWLING GREEN,OH43403	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,250
BRADLEY UNIVERSITY 1501 W BRADLEY AVE PEORIA,IL61625	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,500
BRIGHAM YOUNG UNIVERSITY IDAHO 525 S CENTER ST REXBURG,ID83460	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
CARTHAGE COLLEGE 2001 ALFORD PARK DR KENOSHA,WI53140	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,000
CEDARVILLE UNIVERSITY 251 N MAIN ST CEDARVILLE,OH45314	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	5,000
CENTURY COLLEGE 3300 CENTURY AVE N WHITE BEAR LAKE,MN55110	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
CHIPPEWA VALLEY TECHNICAL COLL 620 W CLAIREMONT AVE EAU CLAIRE,WI54701	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,500
COLLEGE OF SOUTHERN IDAHO 315 FALLS AVE TWIN FALLS,ID83301	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
COLLEGE OF ST BENEDICT 37 SOUTH COLLEGE AVE S ST JOSEPH,MN56374	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
CONCORDIA COLLEGE 901 8TH ST S MOORHEAD,MN56562	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,250
CONCORDIA UNIVERSITY CHICAGO 7400 AUGUSTA ST RIVER FOREST,IL60305	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
CONCORDIA UNIVERSITY WISCONSIN 12800 N LAKE SHORE DR MEQUON,WI53097	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	6,000
DELTA COLLEGE 1961 DELTA RD UNIVERSITY CENTER,MI48710	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
DEPAUL UNIVERSITY 1 E JACKSON BLVD CHICAGO,IL60604	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	6,000
DEPAUW UNIVERSITY 313 S LOCUST ST GREENCASTLE,IN46135	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,000
DES MOINES AREA COMMUNITY COLLEGE 1100 7TH ST DES MOINES,IA50314	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
DIXIE STATE UNIVERSITY 225 S 700 E ST GEORGE,UT84770	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
DORDT UNIVERSITY 700 7TH ST NE SIOUX CENTER,IA51250	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
EASTERN KENTUCKY UNIVERSITY 521 LANCASTER AVE RICHMOND,KY40475	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
EASTERN MICHIGAN UNIVERSITY 900 OAKWOOD ST YPSILANTI,MI48197	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
EDISON STATE COMMUNITY COLLEGE 1973 EDISON DR PIQUA,OH45356	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
EMPORIA STATE UNIVERSITY 1 KELLOGG CIR EMPORIA,KS66801	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
FLORIDA GULF COAST UNIVERSITY 10501 FGCU BLVD S FORT MYERS,FL33965	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
FLORIDA STATE UNIVERSITY 600 W COLLEGE AVE TALLAHASSEE,FL32306	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,750
GEORGE WASHINGTON UNIVERSITY 2121 I ST NW WASHINGTON,DC20052	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
GRAND CANYON UNIVERSITY 3300 W CAMELBACK RD PHOENIX,AZ85017	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
GRAND RAPIDS COMMUNITY COLLEGE 143 BOSTWICK AVE NE GRAND RAPIDS,MI49503	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
GRAND VALLEY STATE UNIVERSITY 1 CAMPUS DR ALLENDALE,MI49401	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	6,250
ILLINOIS COLLEGE 1101 W COLLEGE AVE JACKSONVILLE,IL62650	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
ILLINOIS STATE UNIVERSITY 100 N UNIVERSITY ST NORMAL,IL61761	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	6,500
INDIANA UNIVERSITY BLOOMINGTON 107 S INDIANA AVE BLOOMINGTON,IN47405	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,500
INDIANA UNIVERSITY FORT WAYNE 2101 E COLISEUM BLVD FORT WAYNE,IN46815	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
INDIANA UNIVERSITY NORTHWEST 3400 BROADWAY GARY,IN46408	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
INDIANA WESLEYAN UNIVERSITY 4201 S WASHINGTON ST MARION,IN46953	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
IOWA STATE UNIVERSITY 2433 UNION DR AMES,IA50011	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,750
IOWA WESTERN COMMUNITY COLLEGE 2700 COLLEGE RD COUNCIL BLUFFS,IA51503	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
IVY TECH COMMUNITY COLLEGE 313 S OHIO ST WANATAH,IN46390	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
JOLIET JUNIOR COLLEGE 1215 HOUBOLT ROAD JOLIET,IL60431	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
KANSAS STATE UNIVERSITY 919 MID-CAMPUS DR N MANHATTAN,KS66506	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,000
KELLOGG COMMUNITY COLLEGE 450 NORTH AVE BATTLE CREEK,MI49017	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
KENNESAW STATE UNIVERSITY 1000 CHASTAIN RD NW KENNESAW,GA30144	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
KENYON COLLEGE 106 COLLEGE PARK DR GAMBIER,OH43022	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
LIPSCOMB UNIVERSITY 1 UNIVERSITY PARK DR NASHVILLE,TN37204	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
LOYOLA UNIVERSITY OF CHICAGO 1032 W SHERIDAN RD CHICAGO,IL60660	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
MARQUETTE UNIVERSITY 1250 W WISCONSIN AVE MILWAUKEE,WI53233	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	7,750
MESA COMMUNITY COLLEGE 1833 W SOUTHERN AVE MESA,AZ85202	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,250
MIAMI UNIVERSITY 501 E HIGH ST OXFORD,OH45056	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,000
MICHIGAN STATE UNIVERSITY 426 AUDITORIUM RD EAST LANSING,MI48824	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	5,250
MICHIGAN TECHNOLOGICAL UNIVERSITY 1400 TOWNSEND DR HOUGHTON,MI49931	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	5,000
MILWAUKEE SCHOOL OF ENGINEERING 1025 N BROADWAY MILWAUKEE,WI53202	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
MINNESOTA STATE COLLEGE SOUTHEAST 308 PIONEER RD RED WING,MN55066	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,750
MINNESOTA STATE UNIVERSITY MANKATO 228 WIECKING CENTER MANKATO,MN56001	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	5,000
MISSOURI STATE UNIVERSITY 901 S NATIONAL AVE SPRINGFIELD,MO65897	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,500
MISSOURI WESTERN STATE UNIVERSITY 4525 DOWNS DR ST JOSEPH,MO64507	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
MITCHELL TECHNICAL INSTITUTE 1800 E SPRUCE ST MITCHELL,SD57301	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
MORAINE PARK TECHNICAL COLLEGE 235 N NATIONAL AVE FOND DU LAC,WI54936	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
MORAINE VALLEY COMMUNITY COLLEGE 9000 COLLEGE PKWY PALOS HILLS,IL60465	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,750
MOTT COMMUNITY COLLEGE 1401 E COURT ST FLINT,MI48503	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	1,500
MOUNT VERNON NAZARENE UNIVERSITY 800 MARTINSBURG RD MT VERNON,OH43050	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
MURRAY STATE UNIVERSITY 102 CURRIS CENTER MURRAY,KY42071	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
NORTH CENTRAL COLLEGE 30 N BRAINARD ST NAPERVILLE,IL60540	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
NORTH CENTRAL UNIVERSITY 910 ELLIOT AVE MINNEAPOLIS,MN55404	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
NORTH DAKOTA STATE UNIVERSITY 1340 ADMINISTRATION AVE FARGO,ND58105	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	6,250
NORTHCENTRAL TECHNICAL COLLEGE 1000 W CAMPUS DR WAUSAU,WI54401	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	5,000
NORTHEAST IOWA COMMUNITY COLLEGE 1625 IA-150 CALMAR,IA52132	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
NORTHEAST WISCONSIN TECHNICAL COLLE 705 WASHINGTON AVE NIAGARA,WI54151	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
NORTHERN ARIZONA UNIVERSITY S SAN FRANCISCO ST FLAGSTAFF,AZ86011	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,750
NORTHERN ILLINOIS UNIVERSITY 1425 W LINCOLN HWY DEKALB,IL60115	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	6,750
NORTHWEST MISSOURI STATE UNIVERSITY 800 UNIVERSITY DR MARYVILLE,MO64468	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,250
NORTHWESTERN MICHIGAN COLLEGE 1701 E FRONT ST TRAVERSE CITY,MI49686	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
NORTHWESTERN UNIVERSITY 633 CLARK ST EVANSTON,IL60208	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,750
NORTHWOOD TECHNICAL COLLEGE WISCONS 1900 COLLEGE DR RICE LAKE,WI54868	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	1,000
OAKLAND UNIVERSITY 318 MEADOW BROOK RD ROCHESTER,MI48309	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
OHIO UNIVERSITY 1 OHIO UNIVERSITY ATHENS,OH45701	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
OLIVET NAZARENE UNIVERSITY 1 UNIVERSITY AVE BOURBONNAIS,IL60914	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
PIKES PEAK COMMUNITY COLLEGE 5675 S ACADEMY BLVD COLORADO SPRINGS,CO80906	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
PURDUE NORTHWEST 2200 169TH ST HAMMOND,IN46323	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
PURDUE UNIVERSITY 610 PURDUE MALL WEST LAFAYETTE,IN47907	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	7,250
RIDGEWATER COLLEGE 2101 15TH AVE NW WILLMAR,MN56201	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,000
ROOSEVELT UNIVERSITY 430 S MICHIGAN AVE CHICAGO,IL60605	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
SAUK VALLEY COMMUNITY COLLEGE 173 IL-2 DIXON,IL61021	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
SNOW COLLEGE 150 COLLEGE AVE E EPHRAIM,UT84627	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
SOUTH DAKOTA SCHOOL OF MINES AND TE 501 E ST JOSEPH ST RAPID CITY,SD57701	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
SOUTHERN ILLINOIS UNIVERSITY CARBON 1263 LINCOLN DR CARBONDALE,IL62901	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,750
ST CATHERINE UNIVERSITY 2004 RANDOLPH AVE ST PAUL,MN55105	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
ST CLOUD STATE UNIVERSITY 720 4TH AVE S ST CLOUD,MN56301	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
ST NORBERT COLLEGE 100 GRANT ST DE PERE,WI54115	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,000
ST PETERSBURG COLLEGE 6605 5TH AVE N ST PETERSBURG,FL33710	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
TENNESSEE STATE UNIVERSITY 3500 JOHN A MERRITT BLVD NASHVILLE,TN37209	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,250
TENNESSEE TECHNOLOGICAL UNIVERSITY 1 WILLIAM L JONES DR COOKEVILLE,TN38505	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
THE MASTERS UNIVERSITY 21726 PLACERITA CANYON RD SANTA CLARITA,CA91321	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
THE OHIO STATE UNIVERSITY 281 W LANE AVE COLUMBUS,OH43210	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,000
THE SOUTHERN BAPTIST THEOLOGICAL SE 2825 LEXINGTON RD LOUISVILLE,KY40206	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,000
THE UNIVERSITY OF NORTH CAROLINA AT 9201 UNIVERSITY CITY BLVD CHARLOTTE,NC28223	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,750
TRUMAN STATE UNIVERSITY 100 E NORMAL AVE KIRKSVILLE,MO63501	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	6,000
UC REGENTS 1111 FRANKLIN ST OAKLAND,CA94607	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
UNIVERSITY OF ARIZONA THE UNIVERSITY OF ARIZONA TUCSON,AZ85721	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA BLVD ORLANDO,FL32816	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	6,500
UNIVERSITY OF CINCINNATI 2600 CLIFTON AVE CINCINNATI,OH45221	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
UNIVERSITY OF ILLINOIS URBANA-CHAMP 901 WEST ILLINOIS ST URBANA,IL61801	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
UNIVERSITY OF IOWA 108 CALVIN HALL IOWA CITY,IA52242	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	8,500
UNIVERSITY OF KANSAS 1450 JAYHAWK BLVD LAWRENCE,KS66045	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
UNIVERSITY OF MICHIGAN-FLINT 303 E KEARSLEY ST FLINT,MI48502	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
UNIVERSITY OF MINNESOTA-DULUTH 1049 UNIVERSITY DR DULUTH,MN55812	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
UNIVERSITY OF MINN-TWIN CITIES 222 PLEASANT ST MINNEAPOLIS,MN55455	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	5,000
UNIVERSITY OF MISSOURI-COLUMBIA 230 JESSE HALL COLUMBIA,MO65211	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,000
UNIVERSITY OF MISSOURI-KANSAS CITY 5000 HOLMES ST KANSAS CITY,MO64110	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,500
UNIVERSITY OF NEVADA LAS VEGAS 4505 S MARYLAND PKWY LAS VEGAS,NV89154	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
UNIVERSITY OF SAN DIEGO 5998 ALCALA PARK SAN DIEGO,CA92110	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,500
UNIVERSITY OF SOUTH DAKOTA 414 E CLARK ST VERMILLION,SD57069	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
UNIVERSITY OF SOUTH FLORIDA 4202 E FOWLER AVE TAMPA,FL33620	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,000
UNIVERSITY OF SOUTHERN INDIANA 8600 UNIVERSITY BLVD EVANSVILLE,IN47712	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
UNIVERSITY OF ST THOMAS 2115 SUMMIT AVE ST PAUL,MN55105	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
UNIVERSITY OF WISCONSIN-MADISON 500 LINCOLN DR MADISON,WI53706	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	21,000
UNIVERSITY OF WISCONSIN-PLATTEVILLE 1006 CONNIE RD BARABOO,WI53913	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
UNIVERSITY OF WISCONSIN-SUPERIOR 801 N 28TH ST SUPERIOR,WI54880	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
UNIVERSITY OF WYOMING 1000 E UNIVERSITY AVE LARAMIE,WY82071	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
UTAH STATE UNIVERSITY 1600 OLD MAIN HILL LOGAN,UT84322	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
UTAH VALLEY UNIVERSITY 800 W UNIVERSITY PKWY OREM,UT84058	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
UW-EAU CLAIRE 105 GARFIELD AVE EAU CLAIRE,WI54701	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	17,250
UW-GREEN BAY 2420 NICOLET DR GREEN BAY,WI54311	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	7,750
UW-GREEN BAY SHEBOYGAN CAMPUS 1 UNIVERSITY DR SHEBOYGAN,WI53081	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
UW-LACROSSE 1725 STATE ST LA CROSSE,WI54601	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	8,250
UW-MILWAUKEE PO BOX 413 MILWAUKEE,WI53201	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	11,750
UW-OSHKOSH 800 ALGOMA BLVD OSHKOSH,WI54901	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	12,500
UW-PLATTEVILLE 1 UNIVERSITY PLAZA PLATTEVILLE,WI53818	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	13,000
UW-RIVER FALLS 410 S 3RD ST RIVER FALLS,WI54022	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	11,250
UW-STEVENS POINT 2100 MAIN ST STEVENS POINT,WI54481	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	7,250
UW-STOUT 712 BROADWAY ST S MENOMONIE,WI54751	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	8,000
UW-WHITEWATER 800 W MAIN ST WHITEWATER,WI53190	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	10,000
VALPARAISO UNIVERSITY 1700 CHAPEL DR VALPARAISO,IN46383	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
VITERBO UNIVERSITY 900 VITERBO DR LA CROSSE,WI54601	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
WARTBURG COLLEGE 100 WARTBURG BLVD WAVERLY,IA50677	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,250
WAUBONSEE COMMUNITY COLLEGE 4S783 IL-47 SUGAR GROVE,IL60554	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	4,250
WAUKESHA COUNTY TECHNICAL COLLEGE 800 MAIN STREET PEWAUKEE,WI53072	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,000
WESTERN ILLINOIS UNIVERSITY 1 UNIVERSITY CIR MACOMB,IL61455	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,750
WESTERN KENTUCKY UNIVERSITY 1906 COLLEGE HEIGHTS BLVD BOWLING GREEN,KY42101	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
WESTERN MICHIGAN UNIVERSITY 1903 W MICHIGAN AVE KALAMAZOO,MI49008	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
WESTERN TECHNICAL COLLEGE 400 7TH ST N LA CROSSE,WI54601	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
WINONA STATE UNIVERSITY 175 W MARK ST WINONA,MN55987	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,000
WISCONSIN LUTHERAN COLLEGE 8800 W BLUEMOUND RD MILWAUKEE,WI53226	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	3,250
XAVIER UNIVERSITY OF LOUISIANA 1 DREXEL DR NEW ORLEANS,LA70125	NONE	I	SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL	2,000
Total ................................. 3a				727,290

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	67,955	127,687	127,687
	2	Savings and temporary cash investments.........	2,110,835	2,419,604	2,419,604
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable 1,904
		Less: allowance for doubtful accounts	29,060	1,904	1,904
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	3,700
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	1,721,244	1,965,579	1,965,579
	c	Investments—corporate bonds (attach schedule).......	699,927	810,080	810,080
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,632,721	5,324,854	5,324,854
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................	10,000	62,500
	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 )	7,942	1,529
	23	Total liabilities (add lines 17 through 22).........	17,942	64,029
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	692,890	937,320
	25	Net assets with donor restrictions............	3,921,889	4,323,505
		Foundations that do not follow FASB ASC 958, check here
		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).....	4,614,779	5,260,825
	30	Total liabilities and net assets/fund balances (see instructions).	4,632,721	5,324,854

(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
1 a	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	955,624	940,884	14,740
b	19,666		19,666
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			14,740
b			19,666
c
d
e

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved


(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...................				0

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

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	CULVER'S FOUNDATION'S SCHOLARSHIP PROGRAM HELPS TEAM MEMBERS REACH THEIR DREAMS. THE PROGRAM PROVIDES ASSISTANCE TO THOSE WANTING TO ACHIEVE THEIR GOAL OF EARNING A COLLEGE OR TECHNICAL DEGREE. SINCE THE PROGRAM BEGAN IN 1993, THE SCHOLARSHIP PROGRAM HAS PROVIDED OVER $5 MILLION IN SCHOLARSHIPS TO OVER 3,000 TEAM MEMBERS. DURING 2020, THE FOUNDATION AWARDED SCHOLARSHIPS TO 239 TEAM MEMBERS FROM 191 RESTAURANTS IN 21 STATES.	564,750
2	THE GOALS OF CULVER'S FOUNDATION ARE TO ENSURE PEOPLE IN OUR COMMUNITIES HAVE ACCESS TO BASIC NEEDS, TO PROMOTE THE DEVELOPMENT OF OUR YOUTH AND THEIR FAMILIES AND TO GIVE LOCALLY IN COMMUNITIES, INCLUDING CULVER'S HOMETOWN OF SAUK CITY, WISCONSIN.	162,540
3


4

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					260,469
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	554,065
b From 2016......	490,461
c From 2017......	59,491
d From 2018......	538,906
e From 2019......	518,896
fTotal of lines 3a through e........		2,161,819
4Qualifying distributions for 2020 from Part
XII, line 4: $ 739,116
a Applied to 2019, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					260,469
e Remaining amount distributed out of corpus		478,647
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		2,640,466
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		554,065
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		2,086,401
10 Analysis of line 9:
a Excess from 2016....	490,461
b Excess from 2017....	59,491
c Excess from 2018....	538,906
d Excess from 2019....	518,896
e Excess from 2020....	478,647

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	(e) Total

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

bApproved for future payment
68 INC 821 INDUSTRY RD SAUK CITY,WI53583		PC	TO HELP SUPPORT HOUSING ASSISTANCE	10,000
BADGER CHILDHOOD CANCER NETWORK 2215 ATWOOD AVENUE MADISON,WI53704		PC	TO HELP SUPPORT THE FINANCIAL ASSISTANCE PROGRAM	15,000
LUTHERAN SOCIAL SERVICES OF WISCONSIN AND UPPER MICHIGAN INC 6737 W WASHINGTON ST SUITE 2275 WEST ALLIS,WI53214		PC	TO HELP SUPPORT THE COSTS OF BRINGING TELEHEALTH TO COMMUNITY-BASED SERVICES	10,000
THE RAINBOW PROJECT INC 831 EAST WASHINGTON AVE MADISON,WI53703		PC	TO HELP SUPPORT THE CHILDREN OF VIOLENT HOMES PROJECT	15,500
WISCONSIN RESTAURANT ASSOCIATION EDUCATION FOUNDATION 2801 FISH HATCHERY RD MADISON,WI53713		PC	SUPPORT PRO-START EVENTS	12,000
SCHOLARSHIP TO BE PAID DIRECTLY TO 1240 WATER ST PRAIRIE DU SAC,WI53578	NONE	I	EDUCATIONAL ASSISTANCE - DETAIL ON REQUEST	1,000
Total ................................. 3b				63,500

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........			14	14,494
4 Dividends and interest from securities....			14	38,262
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	34,406
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		87,162	0

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Name of organization CULVER'S FOUNDATION INC			Employer identification number 39-2042139

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	CLASSIC MIX PARTNERS 601 COMMERCIAL ST NEENAH, WI54957	$ 25,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
2	CULVER FRANCHISING SYSTEM INC 1240 WATER ST PRAIRIE DU SAC, WI53578	$ 315,360		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
3	CULVER'S OF CHIPPEWA FALLS 2753 COMMERCIAL BLVD CHIPPEWA FALLS, WI54729	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
4	ECOLAB 655 LONE OAK DR BLDG D 2ND FLOOR EAGAN, MN55121	$ 15,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
5	THEODORE GALLOWAY 744 S PARK AVE NEENAH, WI54956	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
6	GORDON FOOD SERVICE 406 GRAND CANYON DR MADISON, WI53719	$ 48,400		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Name of organization CULVER'S FOUNDATION INC			Employer identification number 39-2042139
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
7	J&B MEATSWW JOHNSON MEAT COMPANY 2001 E 24TH ST MINNEAPOLIS, MN55404	$ 154,317		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
8	MAGLIO & COMPANY 4287 N PORT WASHINGTON RD GLENDALE, WI53212	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
9	MASTERSON COMPANY INC 4023 W NATIONAL AVE MILWAUKEE, WI53215	$ 15,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
10	MONOGRAM FOODS SOLUTIONS LLC 3301 JUNIPER ST FLOWER MOUND, TX75028	$ 202,956		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
11	PEPSI 555 W MONROE ST 04-08 CHICAGO, IL60661	$ 196,088		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
12	SPRINGER MOUNTAIN PO BOX 558 BALDWIN, GA30511	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Name of organization CULVER'S FOUNDATION INC			Employer identification number 39-2042139
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
13	VIENNA BEEF FACTORY STORE 2501 N DAMEN AVE CHICAGO, IL60647	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Name of organization CULVER'S FOUNDATION INC		Employer identification number 39-2042139

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)

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Name of organization CULVER'S FOUNDATION INC			Employer identification number 39-2042139
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.) $ Use duplicate copies of Part III if additional space is needed.

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AGEYX	27,594	27,594
APHFX	50,513	50,513
EELDX	28,066	28,066
FXNAX	338,051	338,051
FIPDX	66,553	66,553
LIFIX	52,254	52,254
PIMIX	130,419	130,419
VMBSX	15,216	15,216
VCIT	101,414	101,414

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ODVIX	93,397	93,397
ICSCX	173,876	173,876
CCALX	118,973	118,973
DODGX	198,038	198,038
FEUPX	226,886	226,886
GLSOX	143,349	143,349
HNACX	48,584	48,584
VLCAX	542,076	542,076
OANIX	282,741	282,741
VIMAX	137,659	137,659

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ADMINISTRATIVE FEES - FILING FEES, BANK/CREDIT CARD FEES	1,390	0	0	0
SPECIAL EVENTS - SCHOLARSHIP PROGRAM DIRECT EXPENSE	4,044	0	0	4,707

Description	Amount
INCREASE IN UNREALIZED GAIN ON SECURITIES	289,996
RECOVERIES FROM SCHOLARSHIP FORFEITURES	19,750

Description	Beginning of Year - Book Value	End of Year - Book Value
SCHOLARSHIPS PAYABLE	6,750	1,000
ADMINISTRATIVE EXPENSES PAYABLE	1,192	529

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT SERVICES	12,771	12,771	0	0
OTHER PROFESSIONAL FEES	3,000	600	0	2,400