Form990-PF
Click to see attachment

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
MICHAEL W LOUIS CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)710 NORTH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAKE GENEVA, WI53147
A Employer identification number

81-3640917
B Telephone number (see instructions)

(262) 384-3700
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$13,118,909J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 46 46  
4 Dividends and interest from securities... 803,124 798,921  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 798,271
b Gross sales price for all assets on line 6a 4,280,356
7 Capital gain net income (from Part IV, line 2)... 798,271
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 -14 -14  
12 Total. Add lines 1 through 11........ 1,601,427 1,597,224  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 12,500 12,500   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 54,161 54,161   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 33,933 2,626   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 33,241 33,241   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 133,835 102,528   0
25 Contributions, gifts, grants paid....... 675,000 675,000
26 Total expenses and disbursements. Add lines 24 and 25 808,835 102,528   675,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 792,592
b Net investment income (if negative, enter -0-) 1,494,696
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............. 224,288 239,408 239,408
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)....... 0 Click to see attachment2,239,443 2,929,002
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).......... 5,580,118 Click to see attachment4,128,687 9,950,499
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) 5,804,406 6,607,538 13,118,909
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 5,952,332 5,952,332
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -147,926 655,206
29 Total net assets or fund balances (see instructions)..... 5,804,406 6,607,538
30 Total liabilities and net assets/fund balances (see instructions). 5,804,406 6,607,538
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
5,804,406
2
Enter amount from Part I, line 27a .....................
2
792,592
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
16,482
4
Add lines 1, 2, and 3 ..........................
4
6,613,480
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
5,942
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,607,538
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES 022258      
b PUBLICLY TRADED SECURITIES 022186      
c EDGBASTON ASIAN EQUITY TR - SHORT TERM   2020-12-31 2020-12-31
d EDGBASTON ASIAN EQUITY TR - LONG TERM   2019-12-31 2020-12-31
e MICHAEL W LOUIS CO SHORT TERM   2020-12-31 2020-12-31
MICHAEL W. LOUIS CO LONG TERM   2019-12-31 2020-12-31
MWL HLDGS SHORT TERM CAP LOSSES   2020-12-31 2020-12-31
MWL HLDGS LONG TERM CAP LOSES   2019-12-31 2020-12-31
PUBLICLY TRADED SECURITIES 027623      
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 96,668   94,157 3,708
b 2,048,054   2,029,367 18,732
c     3,162 -3,162
d     28,018 -28,018
e     876 -876
    398 -398
    2,599 -2,599
    1,180 -1,180
2,039,511   1,323,570 715,941
96,123     96,123
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       3,708
b       18,732
c       -3,162
d       -28,018
e       -876
      -398
      -2,599
      -1,180
      715,941
      96,123
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 2 798,271
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 20,776
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 20,776
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 20,776
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,320
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 7,320
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 13,456
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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)
    bulletDE
    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 ofbulletWALTER W BELL Telephone no.bullet (262) 384-3700

    Located atbulletBELL ANDERSON LLC 710 NORTH STREETLAKE GENEVAWI ZIP+4bullet53147
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    KIMBERLY C LOUIS STEWART PRESIDENT
    0.00     		0 0 0
    C/O 710 NORTH STREET
    LAKE GENEVA,WI53147
    TRACY L MERRILL VICE PRESIDENT
    0.00     		0 0 0
    C/O 710 NORTH STREET
    LAKE GENEVA,WI53147
    JOHN JEFFRY LOUIS VICE PRESIDENT
    0.00     		0 0 0
    C/O 710 NORTH STREET
    LAKE GENEVA,WI53147
    EOIN M DEMPSEY TREASURER/SECRETARY
    0.00     		0 0 0
    C/O 710 NORTH STREET
    LAKE GENEVA,WI53147
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    12,030,993
    b
    Average of monthly cash balances.......................
    1b
    253,452
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,284,445
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    12,284,445
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    184,267
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,100,178
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    605,009
    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
    605,009
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    20,776
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    26,500
    c
    Add lines 2a and 2b............................
    2c
    47,276
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    557,733
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    557,733
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    557,733
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    675,000
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    675,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    675,000
    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 7 557,733
    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...... 30,366
    b From 2016...... 100,470
    c From 2017......  
    d From 2018...... 88,473
    e From 2019...... 170,123
    fTotal of lines 3a through e........ 389,432
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 675,000
    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..... 557,733
    e Remaining amount distributed out of corpus 117,267
    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 5 506,699
    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) ...     		30,366
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		476,333
    10 Analysis of line 9:
    a Excess from 2016.... 100,470
    b Excess from 2017....  
    c Excess from 2018.... 88,473
    d Excess from 2019.... 170,123
    e Excess from 2020.... 117,267
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    HALF MOON FOUNDATION
    710 NORTH STREET
    LAKE GENEVA,WI53147     		  PF GENERAL CONTRIBUTION 175,000
    J JEFFRY & ELIZABETH S LOUIS FOUNDATION INC
    710 NORTH STREET
    LAKE GENEVA,WI53147     		  PF GENERAL CONTRIBUTION 175,000
    LAKE OWEN ASSOCIATION INC
    PO BOX 132
    CABLE,WI54821     		NONE 501(C)(3) GENERAL CONTRIBUTION 50,000
    LOUIS STEWART FOUNDATION
    710 NORTH STREET
    LAKE GENEVA,WI53147     		  PF GENERAL CONTRIBUTION 175,000
    NATIONAL LOUIS UNIVERSITY
    122 S MICHIGAN AVE
    CHICAGO,IL60603     		NONE 501(C)(3) GENERAL CONTRIBUTION 100,000
    Total .................................bullet 3a 675,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 46  
    4 Dividends and interest from securities....     14 803,124  
    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.....     14    
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 798,271  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aEDGBASTON     		    14 -14  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,601,427 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,601,427
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 GeneralExplanationAttachment
    Name:
    MICHAEL W LOUIS CHARITABLE FOUNDATION
    EIN:
    81-3640917
    Identifier Return Reference Explanation
      FORM 990PF, PART XV, LINE 3(A)- EXPENDITURE RESPONSIBILITY GRANTS INFORMATION REQUIRED BY REGULATIONS TREAS. REG. SECTION 53,4945-5(D)THE MICHAEL W. LOUIS CHARITABLE FOUNDATION MADE GRANTS TO CERTAIN ORGANIZATIONS SUBJECT TO "EXPENDITURE RESPONSIBILITY". BELOW IS THE INFORMATION REQUIRED BY TREASURY REGULATION 53.4945-5(D) WITH RESPECT TO THESE 'EXPENDITURE RESPONSIBILITY" GRANTS:1. IN THE FISCAL YEAR 2020 THE MICHAEL W. LOUIS CHARITABLE FOUNDATION MADE A GRANT OF $175,000.00 TO THE HALF MOON FOUNDATION. ALL GRANT FUNDS HAVE BEEN EXPENDED. A. NAME AND ADDRESS: HALF MOON FOUNDATION 710 NORTH STREET LAKE GENEVA, WI 53147 B. DATE & AMOUNT OF GRANT: 2020; $175,000.00 C. PURPOSE OF GRANT: GENERAL CHARITABLE PURPOSES D. THE GRANTEE ORGANIZATION HAS NOT DIVERTED ANY PORTION OF THE GRANT FUNDS FROM THE PURPOSE OF THE GRANT (TO THE KNOWLEDGE OF THE MICHAEL W. LOUIS CHARITABLE FOUNDATION). E. REPORT VERIFYING THAT GRANT FUNDS WERE EXPENDED IN ACCORDANCE WITH TERMS OF GRANT HAS BEEN RECEIVED. F. THE MICHAEL W. LOUIS CHARITABLE FOUNDATION HAS HAD NO REASON TO CONDUCT AN INDEPENDENT VERIFICATION OF THE GRANTEE'S REPORT.2. IN THE FISCAL YEAR 2020 THE MICHAEL W. LOUIS CHARITABLE FOUNDATION MADE A GRANT OF $175,000.00 TO THE J. JEFFRY AND ELIZABETH S. LOUIS FOUNDATION. ALL GRANT FUNDS HAVE BEEN EXPENDED. A. NAME AND ADDRESS: J. JEFFRY AND ELIZABETH S. LOUIS FOUNDATION 710 NORTH STREET LAKE GENEVA, WI 53147 B. DATE & AMOUNT OF GRANT: 2020; $175,000.00 C. PURPOSE OF GRANT: GENERAL CHARITABLE PURPOSES D. THE GRANTEE ORGANIZATION HAS NOT DIVERTED ANY PORTION OF THE GRANT FUNDS FROM THE PURPOSE OF THE GRANT (TO THE KNOWLEDGE OF THE MICHAEL W. LOUIS CHARITABLE FOUNDATION). E. REPORT VERIFYING THAT GRANT FUNDS WERE EXPENDED IN ACCORDANCE WITH TERMS OF GRANT HAS BEEN RECEIVED. F. THE MICHAEL W. LOUIS CHARITABLE FOUNDATION HAS HAD NO REASON TO CONDUCT AN INDEPENDENT VERIFICATION OF THE GRANTEE'S REPORT.3. IN THE FISCAL YEAR 2020 THE MICHAEL W. LOUIS CHARITABLE FOUNDATION MADE A GRANT OF $175,000.00 TO THE LOUIS STEWART FOUNDATION. ALL GRANT FUNDS HAVE BEEN EXPENDED. A. NAME AND ADDRESS: LOUIS STEWART FOUNDATION 710 NORTH STREET LAKE GENEVA, WI 53147 B. DATE & AMOUNT OF GRANT: 2020; $175,000.00 C. PURPOSE OF GRANT: GENERAL CHARITABLE PURPOSES D. THE GRANTEE ORGANIZATION HAS NOT DIVERTED ANY PORTION OF THE GRANT FUNDS FROM THE PURPOSE OF THE GRANT (TO THE KNOWLEDGE OF THE MICHAEL W. LOUIS CHARITABLE FOUNDATION). E. REPORT VERIFYING THAT GRANT FUNDS WERE EXPENDED IN ACCORDANCE WITH TERMS OF GRANT HAS BEEN RECEIVED. F. THE MICHAEL W. LOUIS CHARITABLE FOUNDATION HAS HAD NO REASON TO CONDUCT AN INDEPENDENT VERIFICATION OF THE GRANTEE'S REPORT.

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    MICHAEL W LOUIS CHARITABLE FOUNDATION
    EIN:
    81-3640917
    Name of Stock End of Year Book Value End of Year Fair Market Value
    192 SHARES ABM INDUSTRIES INCORPORATED 6,476 7,265
    237 SHARES ACI WORLDWIDE INC 5,589 9,108
    226 SHARES ADAPTHEALTH CORP CL A 6,255 8,489
    213 SHARES ALTRA INDL MOTION CORP 7,026 11,807
    151 SHARES AMN HEALTHCARE SVCS INC 6,906 10,306
    110 SHARES ARCOSA INC 4,212 6,042
    125 SHARES AVIENT CORPORATION 4,913 5,035
    451 SHARES BANCORPSOUTH INC 12,418 12,375
    165 SHARES BRINK'S COMPANY COM 7,629 11,880
    159 SHARES BROOKS-AUTOMATION INC 4,430 10,788
    46 SHARES CALLON PETE CO DEL 3,961 605
    58 SHARES CARTER'S 5,356 5,456
    163 SHARES CASELLA WASTE SYS INC CL A 6,598 10,098
    178 SHARES CBIZ INC 4,290 4,737
    170 SHARES CENTRAL GARDEN & PET CO CL A 5,503 6,176
    90 SHARES CERENCE INC 2,931 9,043
    67 SHARES CONCENTRIX CORP 3,455 6,613
    499 SHARES CVB FINCL CP 10,731 9,731
    303 SHARES ENVISTA HLDGS CORP 8,058 10,220
    113 SHARES ESCO TECHNOLOGIES 7,586 11,664
    672 SHARES FIRST HORIZON CORPORATION 9,737 8,575
    126 SHARES FORWARD AIR CORP 7,618 9,682
    178 SHARES FULLER H B & COMPANY 8,112 9,235
    168 SHARES GIBRALTAR INDUSTRIES INC 7,019 12,086
    293 SHARES GLACIER BANCORP INC NEW 11,748 13,481
    280 SHARES GLATFELTER CORPORATION 5,223 4,586
    376 SHARES HARSCO CORP 6,336 6,760
    185 SHARES HORACE MANN EDUCATORS CP 7,493 7,777
    106 SHARES ICF INTL INC 8,459 7,879
    41 SHARES ICU MEDICAL INC 7,480 8,794
    183 SHARES INDEPENDENT BK MASS 12,732 13,366
    122 SHARES INTEGER HOLDINGS CORP 9,787 9,905
    64 SHARES KAISER ALUMINUM CORP 4,678 6,330
    275 SHARES KNOLL INC 5,632 4,037
    276 SHARES LA Z BOY INCORPORATED 7,932 10,996
    153 SHARES LAKELAND FINCL 6,797 8,198
    38 SHARES LANCASTER COLONY CRP 5,516 6,982
    750 SHARES MAGNOLIA OIL & GAS CORP CL A 6,987 5,295
    509 SHARES MATADOR RES CO 8,596 6,139
    190 SHARES METHODE ELEC INC 5,929 7,273
    74 SHARES MGE ENERGY INC 4,802 5,182
    114 SHARES ONE GAS INC 8,784 8,752
    130 SHARES OXFORD INDUSTRIES INC 8,826 8,516
    200 SHARES PEBBLEBROOK HOTEL TR COM 5,856 3,760
    454 SHARES PHYSICIANS REALTY TRUST 7,789 8,081
    90 SHARES PLEXUS CORP 5,309 7,039
    46 SHARES PROVIDENCE SERVICE CORP 5,434 6,377
    165 SHARES QTS RLTY TR INC COM CL A 7,599 10,210
    369 SHARES RAMBUS INC (DEL) 6,006 6,443
    45 SHARES ROGERS CORP 4,876 6,988
    166 SHARES SELECTIVE INSURANCE GROUP 8,603 11,119
    91 SHARES SEMTECH CORP 4,175 6,560
    135 SHARES SOUTH ST CORP COM 8,840 9,761
    84 SHARES STANDEX INTERNATIONAL CORP 6,011 6,512
    121 SHARES STIFEL FINANCIAL CORPORATION 6,041 6,106
    67 SHARES SYNNEX CORP 2,821 5,456
    342 SHARES THE SIMPLY GOOD FOODS COMPANY 7,245 10,725
    134 SHARES US ECOLOGY INC 6,181 4,868
    426 SHARES VERRA MOBILITY CORPORATION 5,266 5,717
    352 SHARES WILLSCOT MOBIL MINI HOLDN CL A 6,423 8,156
    284 SHARES WOLVERINE WORLD WIDE 7,038 8,875
    184 SHARES ABBOTT LABORATORIES 15,760 20,146
    192 SHARES ABBVIE INC COM 15,501 20,573
    76 SHARES ACCENTURE PLC IRELAND CL A 13,672 19,852
    74 SHARES ADOBE INC 24,902 37,009
    112 SHARES ADVANCED MICRO DEVICES 5,630 10,272
    45 SHARES AECOM 1,508 2,240
    225 SHARES AFLAC INCORPORATED 8,425 10,006
    18 SHARES AGILENT TECHNOLOGIES 1,402 2,133
    7 SHARES ALEXANDRIA REAL ESTATE EQ INC 1,035 1,248
    21 SHARES ALLSTATE CORP 2,094 2,309
    52 SHARES ALPHABET INC CL A 63,837 91,137
    519 SHARES ALTRIA GROUP INC 21,354 21,279
    25 SHARES AMAZON COM INC 51,122 81,423
    66 SHARES AMERICAN EXPRESS CO 6,270 7,980
    2 SHARES AMERICAN TOWER REIT COM 513 449
    169 SHARES AMERICAN WATER WORKS CO 21,575 25,936
    42 SHARES AMERISOURCEBERGEN CORP 3,814 4,106
    95 SHARES AMGEN INC 20,829 21,842
    58 SHARES ANALOG DEVICES INC 5,970 8,568
    24 SHARES ANTHEM INC COM 5,978 7,706
    14 SHARES AON PLC CL A 2,717 2,958
    1330 SHARES APPLE INC 89,591 176,478
    34 SHARES APPLIED MATERIALS INC 2,632 2,934
    41 SHARES APTARGROUP INC 4,366 5,612
    32 SHARES APTIV PLC 2,546 4,169
    25 SHARES AUTODESK INC DELAWARE 4,224 7,634
    24 SHARES AUTOMATIC DATA PROCESSING INC 3,622 4,229
    81 SHARES AVANGRID INC 3,348 3,681
    98 SHARES AXALTA COATING SYSTEMS LTD. 1,829 2,798
    63 SHARES BALL CORPORATION 4,357 5,870
    1110 SHARES BANK OF AMERICA CORP 27,250 33,644
    60 SHARES BANK OF NEW YORK MELLON CORP 2,077 2,546
    22 SHARES BAXTER INTL INC 1,926 1,765
    45 SHARES BECTON DICKINSON & CO 10,932 11,260
    62 SHARES BED BATH & BEYOND INC 374 1,101
    35 SHARES BEST BUY CO 2,329 3,493
    42 SHARES BIOGEN INC COM 12,458 10,284
    21 SHARES BLACKROCK INC 10,223 15,152
    48 SHARES BOEING CO 7,197 10,275
    2 SHARES BOOKING HOLDINGS INC 3,008 4,455
    83 SHARES BOSTON PROPERTIES INC 8,300 7,846
    227 SHARES BOSTON SCIENTIFIC CORP 8,233 8,161
    333 SHARES BRISTOL MYERS SQUIBB CO 19,706 20,656
    2 SHARES BROADCOM INC 517 876
    46 SHARES BROWN FORMAN CORP CL B 2,951 3,654
    26 SHARES BRUKER CORPORATION 1,007 1,407
    32 SHARES CAPITAL ONE FINANCIAL CORP 2,001 3,163
    1 SHARES CARVANA CO CL A 96 240
    29 SHARES CATERPILLAR INC 3,610 5,279
    90 SHARES CHARLES SCHWAB NEW 3,627 4,774
    4 SHARES CHIPOTLE MEXICAN GRILL INC COM 3,265 5,547
    40 SHARES CHUBB LTD 5,187 6,157
    208 SHARES CHURCH & DWIGHT CO INC 15,130 18,144
    54 SHARES CIGNA CORP 9,829 11,242
    16 SHARES CINCINNATI FINANCIAL OHIO 998 1,398
    80 SHARES CINEMARK HOLDINGS INC. 1,172 1,393
    362 SHARES CISCO SYS INC 14,931 16,200
    359 SHARES CITIGROUP INC NEW 16,667 22,136
    15 SHARES CLOROX CO 2,891 3,029
    275 SHARES COCA COLA CO 13,180 15,081
    39 SHARES COGNIZANT TECH SOLUTIONS CL A 2,149 3,196
    207 SHARES COLGATE PALMOLIVE CO 14,857 17,701
    291 SHARES COMCAST CORP (NEW) CLASS A 10,978 15,248
    25 SHARES COMPASS MINERALS INTER INC 1,119 1,543
    65 SHARES CONAGRA BRANDS INC 2,116 2,357
    64 SHARES CONSOLIDATED EDISON INC. 4,946 4,625
    23 SHARES CONSTELLATION BRANDS INC CL A 3,800 5,038
    48 SHARES COSTCO WHOLESALE CORP NEW 14,396 18,085
    72 SHARES CUMMINS INC 10,783 16,351
    114 SHARES CVS HEALTH CORP COM 6,945 7,786
    48 SHARES DANAHER CORPORATION 7,702 10,663
    36 SHARES DARDEN RESTAURANTS 2,450 4,288
    14 SHARES DAVITA INC 1,061 1,644
    43 SHARES DEERE & CO 6,295 11,569
    23 SHARES DENTSPLY SIRONA INC 996 1,204
    24 SHARES DIGITAL REALTY TRUST INC 3,378 3,348
    38 SHARES DUKE REALTY CORP 1,327 1,519
    78 SHARES DXC TECHNOLOGY COMPANY 1,273 2,009
    143 SHARES EBAY INC 5,553 7,186
    59 SHARES ECOLAB INC 10,475 12,765
    68 SHARES EDISON INTERNATIONAL 4,146 4,272
    120 SHARES EDWARD LIFESCIENCES CORP 8,527 10,948
    40 SHARES EMCOR GROUP INC 2,523 3,658
    188 SHARES EMERSON ELECTRIC CO 9,735 15,110
    2 SHARES EQUINIX INC 1,377 1,428
    232 SHARES ESSENTIAL UTILS INC 10,066 10,971
    35 SHARES ESTEE LAUDER CO INC CL A 5,825 9,317
    28 SHARES ETSY INC COM 2,347 4,981
    43 SHARES EVERSOURCE ENERGY COM 3,526 3,720
    50 SHARES EXPEDITORS INTL WASH INC 3,889 4,756
    194 SHARES FACEBOOK INC CL-A 34,728 52,993
    13 SHARES FEDL RLTY INVT TRUST S B I 1,166 1,107
    88 SHARES FISERV INC COM 8,712 10,020
    17 SHARES FLOWSERVE CORP 465 626
    62 SHARES FLUOR CORP NEW 511 990
    169 SHARES FMC CORP NEW 14,942 19,423
    190 SHARES GAP INC 1,749 3,836
    551 SHARES GENERAL ELECTRIC CO 5,298 5,951
    119 SHARES GENERAL MILLS INC 6,924 6,997
    24 SHARES GILEAD SCIENCE 1,542 1,398
    80 SHARES GOLDMAN SACHS GRP INC 15,226 21,097
    143 SHARES GOODYEAR TIRE & RUBBER 1,216 1,560
    65 SHARES HARTFORD FIN SERS GRP INC 2,689 3,184
    61 SHARES HASBRO INC 4,772 5,706
    21 SHARES HERSHEY COMPANY 2,921 3,199
    537 SHARES HEWLETT PACKARD ENTERPRISE 5,659 6,363
    31 SHARES HOLOGIC INC 1,271 2,258
    76 SHARES HOME DEPOT INC 15,460 20,187
    8 SHARES HONEYWELL INTL INC 1,113 1,702
    524 SHARES HOST HOTELS & RESORTS INC 6,154 7,666
    235 SHARES HP INC COM 3,718 5,779
    8 SHARES HUMANA INC 2,727 3,282
    60 SHARES IDEX CORPORATION DELAWARE 8,974 11,952
    148 SHARES IHS MARKIT LTD 9,858 13,295
    6 SHARES ILL TOOL WORKS INC 960 1,223
    10 SHARES ILLUMINA INC 2,834 3,700
    34 SHARES INGERSOLL RAND INC 969 1,549
    20 SHARES INGEVITY CORP 986 1,515
    214 SHARES INTEL CORP 11,666 10,661
    98 SHARES INTERPUBLIC GROUP OF COS INC 1,592 2,305
    90 SHARES INTL BUSINESS MACHINES CORP 10,945 11,329
    36 SHARES INTUIT INC 9,227 13,675
    89 SHARES INVESCO LTD 965 1,551
    44 SHARES JACOBS ENGR GROUP INC 3,612 4,794
    15 SHARES JB HUNT TRANS SERV 1,488 2,050
    119 SHARES JBG SMITH PPTYS 3,360 3,721
    295 SHARES JOHNSON & JOHNSON 42,266 46,427
    204 SHARES JPMORGAN CHASE & CO 20,804 25,922
    21 SHARES JUNIPER NETWORKS 457 473
    6 SHARES KB HOME 165 201
    31 SHARES KILROY REALTY CORPORATION 1,730 1,779
    21 SHARES KLA CORPORATION 3,235 5,437
    46 SHARES KOHLS CORPORATION WISC 957 1,872
    9 SHARES LAM RESEARCH CORPORATION 3,593 4,250
    16 SHARES LAMB WESTON HLDGS INC COM 893 1,260
    102 SHARES LAS VEGAS SANDS CORPORATION 5,001 6,079
    55 SHARES LEIDOS HLDGS INC 5,109 5,782
    42 SHARES LINCOLN ELEC HLDGS INC 3,308 4,883
    45 SHARES LOCKHEED MARTIN CORP 16,716 15,974
    41 SHARES LOWES COMPANIES INC 3,979 6,581
    32 SHARES LYFT INC CL A 1,016 1,572
    142 SHARES MACY'S INC 973 1,598
    82 SHARES MARSH & MCLENNAN COS INC 7,896 9,594
    47 SHARES MARVELL TECHNOLOGY GROUP LTD 1,160 2,234
    90 SHARES MASTERCARD INC CL A 24,442 32,125
    83 SHARES MAXIM INTEGRATED PRODUCTS INC 4,597 7,358
    76 SHARES MC CORMICK AND CO NON VOTING 5,919 7,266
    41 SHARES MC DONALDS CORP 7,494 8,798
    18 SHARES MCKESSON CORP 2,375 3,131
    128 SHARES MEDTRONIC PLC SHS 12,878 14,994
    447 SHARES MERCK & CO INC NEW COM 36,392 36,565
    1 SHARES METTLER TOLEDO INTL 708 1,140
    50 SHARES MGM RESORTS INTERNATIONAL 732 1,576
    542 SHARES MICROSOFT CORP 89,153 120,552
    27 SHARES MOLSON COORS BEVERAGE CO CL B 1,174 1,220
    141 SHARES MONDELEZ INTL INC COM 7,350 8,244
    107 SHARES MORGAN STANLEY 4,761 7,333
    38 SHARES MOTOROLA SOLUTIONS INC 5,762 6,462
    23 SHARES NETAPP INC COM 1,011 1,524
    35 SHARES NETFLIX INC 13,345 18,926
    180 SHARES NEWMONT CORPORATION 10,100 10,780
    111 SHARES NIKE INC B 9,640 15,703
    40 SHARES NORTHERN TRUST CORP 3,309 3,726
    4 SHARES NORTHROP GRUMMAN CP(HLDG CO) 1,349 1,219
    52 SHARES NORTONLIFELOCK INC 1,038 1,081
    66 SHARES NVIDIA CORPORATION 17,919 34,465
    40 SHARES OMNICOM GROUP 2,100 2,495
    218 SHARES ORACLE CORP 11,648 14,102
    158 SHARES PACCAR INC 10,427 13,632
    17 SHARES PARKER HANNIFIN CORP 2,442 4,631
    150 SHARES PAYPAL HLDGS INC COM 15,883 35,130
    161 SHARES PFIZER INC 5,746 5,926
    177 SHARES PHILIP MORRIS INTL INC 13,503 14,654
    96 SHARES PNC FINL SVCS GP 10,007 14,304
    16 SHARES PPG INDUSTRIES INC 1,548 2,308
    69 SHARES PRINCIPAL FINL GROUP INC 2,275 3,423
    73 SHARES PROCTER & GAMBLE 8,576 10,157
    145 SHARES PROLOGIS INC COM 12,932 14,451
    90 SHARES PRUDENTIAL FINANCIAL INC 5,787 7,026
    20 SHARES PUBLIC STORAGE 4,049 4,619
    103 SHARES QUALCOMM INC 7,543 15,691
    17 SHARES QUANTA SERVICES INC 567 1,224
    9 SHARES QUEST DIAGNOSTICS INC 986 1,073
    237 SHARES RAYTHEON TECHNOLOGIES CORP 14,101 16,948
    15 SHARES REGAL BELOIT CORP 1,060 1,842
    8 SHARES REGENERON PHARMACEUTICALS INC 4,075 3,865
    102 SHARES REGIONS FINANCIAL CORP NEW 974 1,644
    6 SHARES RESMED INC 1,095 1,275
    68 SHARES ROCKWELL AUTOMATION INC 11,008 17,055
    40 SHARES RYDER SYSTEMS INC 1,245 2,470
    72 SHARES S&P GLOBAL INC COM 20,094 23,669
    101 SHARES SALESFORCE.COM,INC. 15,906 22,476
    18 SHARES SERVICENOW INC 5,388 9,908
    33 SHARES SIMON PPTY GROUP INC 2,299 2,814
    57 SHARES SOUTHWEST GAS HOLDINGS INC 3,792 3,463
    18 SHARES STANLEY BLACK & DECKER INC 2,146 3,214
    160 SHARES STARBUCKS CORP WASHINGTON 11,767 17,117
    39 SHARES STATE STREET CORP 2,391 2,838
    5 SHARES STRYKER CORP 1,161 1,225
    22 SHARES SYSCO CORP 1,106 1,634
    24 SHARES T ROWE PRICE GROUP INC 2,642 3,633
    72 SHARES TAPESTRY INC 967 2,238
    45 SHARES TARGET CORPORATION 4,680 7,944
    13 SHARES TE CONNECTIVITY LTD NEW 953 1,574
    57 SHARES TESLA INC 37,654 40,223
    45 SHARES TEXAS INSTRUMENTS 4,946 7,386
    50 SHARES THE J.M. SMUCKER COMPANY 5,603 5,780
    14 SHARES THERMO FISHER SCIENTIFIC 4,508 6,521
    21 SHARES TIFFANY & COMPANY NEW 2,538 2,760
    103 SHARES TJX COS INC NEW 5,122 7,034
    56 SHARES T-MOBILE US INC COM 5,912 7,552
    40 SHARES TRANE TECHNOLOGIES PLC 3,921 5,806
    83 SHARES TRAVELERS COMPANIES INC COM 9,055 11,651
    101 SHARES U S BANCORP COM NEW 3,831 4,706
    74 SHARES UBER TECHNOLOGIES INC 2,274 3,774
    267 SHARES UGI CORPORATION NEW COM 7,674 9,334
    66 SHARES UNITEDHEALTH GP INC 17,533 23,145
    204 SHARES VALVOLINE INC COM 2,888 4,721
    8 SHARES VARIAN MEDICAL SYS INC 974 1,400
    18 SHARES VERISK ANALYTICS INC COM 2,738 3,737
    275 SHARES VERIZON COMMUNICATIONS 15,775 16,156
    43 SHARES VIACOMCBS INC CL B 1,011 1,602
    9 SHARES VIATRIS INC 136 169
    165 SHARES VISA INC CL A 28,896 36,090
    18 SHARES VMWARE INC CLASS A 2,393 2,525
    171 SHARES VORNADO REALTY TRUST 6,499 6,385
    13 SHARES W W GRAINGER INC 3,614 5,308
    67 SHARES WABTEC CORP 3,652 4,904
    103 SHARES WALGREENS BOOTS ALLIANCE INC 3,863 4,108
    173 SHARES WALT DISNEY CO HLDG CO 18,610 31,344
    333 SHARES WELLS FARGO & CO NEW 9,074 10,050
    57 SHARES WELLTOWER INC 3,185 3,683
    41 SHARES WERNER ENTERPRISES INC 1,575 1,608
    27 SHARES WESTERN DIGITAL CORPORATION 1,150 1,496
    44 SHARES XILINX INC 3,707 6,238
    79 SHARES XYLEM INC COM 5,363 8,041
    33 SHARES ZIMMER BIOMET HLDGS INC COM 3,681 5,085

    TY 2020 InvestmentsOtherSchedule2
    Name:
    MICHAEL W LOUIS CHARITABLE FOUNDATION
    EIN:
    81-3640917
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MICHAEL W. LOUIS COMPANY AT COST 291,004 1,232,064
    MWL HOLDINGS LIMITED PARTNERSHIP AT COST 3,358 3,683,305
    EDGBASTON FMV 332,417 279,377
    S.C. JOHNSON STOCK AT COST 410,009 538,700
    22177.183 UNITS ARISTOTLE INTERNATIONAL EQ I FMV 261,562 283,868
    19686.498 UNITS ARTISAN DEVELOPING WORLD ADV FMV 244,592 523,661
    30885.681 UNITS ARTISAN HIGH INCOME ADV FMV 279,037 312,563
    36000.885 UNITS CRA QUALIFIED INVESTMENT INSTL FMV 391,666 389,890
    34578.974 UNITS JOHCM INTERNATIONAL SEL I FMV 562,312 1,046,360
    99374.216 UNITS LORD ABBETT SHT DURATION INC F FMV 415,384 418,365
    2761.587 UNITS T ROWE PRICE INTL DISCOVERY FMV 170,003 250,669
    6332.618 UNITS T ROWE PRICE NEW HORIZONS FUND FMV 290,001 521,048
    43415.953 UNITS TIAA CREF CORE IMPACT BD ADV FMV 477,342 470,629

    TY 2020 LegalFeesSchedule
    Name:
    MICHAEL W LOUIS CHARITABLE FOUNDATION
    EIN:
    81-3640917
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BELL & ANDERSON LLC - LEGAL FEES 12,500 12,500   0


    TY 2020 OtherDecreasesSchedule
    Name:
    MICHAEL W LOUIS CHARITABLE FOUNDATION
    EIN:
    81-3640917
    Description Amount
    MORGAN STANLEY #022186 2020 DIVIDENDS REC'D IN 2021 3,693
    MORGAN STANLEY #027623 2020 DIVIDENDS REC'D IN 2021 43
    COST BASIS ADJ'TS FOR NON-TXBL DIVIDENDS-TOTAL (2) HLDGS 179
    EDGBASTON ASIAN EQUITY - NONDEDUCTIBLE EXPENSES 34
    MORGAN STANLEY #027623 2020 LTCG DISTRIBS REC'D IN 2021 2
    COST BASIS ADJ'TS FOR 2020 NON-DIVIDEND DISTRIBUTIONS 1,991


    TY 2020 OtherExpensesSchedule
    Name:
    MICHAEL W LOUIS CHARITABLE FOUNDATION
    EIN:
    81-3640917
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MWL HOLDING LP OTHER EXPENSES 2,685 2,685   0
    EDGBASTON OTHER EXPENSES 3,151 3,151   0
    MICHAEL W LOUIS CO. OTHER EXPENSES 27,202 27,202   0
    CSC FILING FEES 203 203   0


    TY 2020 OtherIncomeSchedule2
    Name:
    MICHAEL W LOUIS CHARITABLE FOUNDATION
    EIN:
    81-3640917
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EDGBASTON -14 -14 -14


    TY 2020 OtherIncreasesSchedule
    Name:
    MICHAEL W LOUIS CHARITABLE FOUNDATION
    EIN:
    81-3640917
    Description Amount
    MORGAN STANLEY #022258 - NON-DIVIDEND DISTRIBUTIONS 225
    MORGAN STANLEY #022186 2019 DIVIDENDS REC'D IN 2020 12,434
    ROUNDING 6
    MORGAN STANLEY #022186 - NON-DIVIDEND DISTRIBUTIONS 1,971
    MORGAN STANLEY #027623 - NON-DIVIDEND DISTRIBUTIONS 22
    MICHAEL W. LOUIS CO. NON-DIVIDEND DISTRIBUTIONS 460
    MWL HOLDINGS LIMITED PARTNERSHIP NON-DIVIDEND DISTRIBUTIONS 1,364


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    MICHAEL W LOUIS CHARITABLE FOUNDATION
    EIN:
    81-3640917
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MORGAN STANLEY INVESTMENT ADVISORY FEES 54,161 54,161   0


    TY 2020 TaxesSchedule
    Name:
    MICHAEL W LOUIS CHARITABLE FOUNDATION
    EIN:
    81-3640917
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES-EDGBASTON 791 791   0
    MORGAN STANLEY #022186 - FGN TAXES 1,631 1,631   0
    FOREIGN TAXES-MICHAEL W LOUIS CO 51 51   0
    2020 990-T ESTIMATED TAXES PAID 27,360 0   0
    FOREIGN TAXES-MWL LP 153 153   0
    2019 990-T TAX BALANCE DUE 661 0   0
    2020 990PF ESTIMATED TAXES PAID 3,286 0   0