Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 06-01-2021 , and ending 05-31-2022
Name of foundation
EDWARD AND HANNAH M RUTLEDGE CHARITIES
INC
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 758
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHIPPEWA FALLS, WI54729
A Employer identification number

39-0806178
B Telephone number (see instructions)

(715) 723-6618
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$27,253,649J 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) 1,449
2 Check bullet.............
3 Interest on savings and temporary cash investments 103,846 103,846  
4 Dividends and interest from securities... 1,290,146 1,290,146  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 209,462
b Gross sales price for all assets on line 6a 4,578,768
7 Capital gain net income (from Part IV, line 2)... 209,462
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 30,000 30,000  
12 Total. Add lines 1 through 11........ 1,634,903 1,633,454  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 194,505 48,631   145,874
14 Other employee salaries and wages...... 25,973 6,489   19,484
15 Pension plans, employee benefits....... 2,674 669   2,006
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 84,394 3,407   10,221
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 50,765 12,691   38,074
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 568 142   426
23 Other expenses (attach schedule)....... Click to see attachment 82,423 20,606   61,820
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 441,302 92,635   277,905
25 Contributions, gifts, grants paid....... 994,883 994,883
26 Total expenses and disbursements. Add lines 24 and 25 1,436,185 92,635   1,272,788
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 198,718
b Net investment income (if negative, enter -0-) 1,540,819
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 21,619 62,833 62,833
2 Savings and temporary cash investments......... 439,611 531,530 531,530
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)....... 19,594,904 Click to see attachment19,660,489 25,796,335
c Investments—corporate bonds (attach schedule)....... 837,086 Click to see attachment837,086 837,235
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet25,716
Less: accumulated depreciation (attach schedule) bullet   25,716 25,716 25,716
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,918,936 21,117,654 27,253,649
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,400,000 1,400,000
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 19,518,936 19,717,654
29 Total net assets or fund balances (see instructions)..... 20,918,936 21,117,654
30 Total liabilities and net assets/fund balances (see instructions). 20,918,936 21,117,654
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
20,918,936
2
Enter amount from Part I, line 27a .....................
2
198,718
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
21,117,654
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,117,654
Form 990-PF (2021)
Form 990-PF (2021)
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 PUBLICALLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,578,768   4,369,306 209,462
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       209,462
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 209,462
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 21,417
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 21,417
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 26,000
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 26,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,583
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet4,583 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJULENE BOWE Telephone no.bullet (715) 723-6618

    Located atbullet404 N BRIDGE STCHIPPEWA FALLSWI ZIP+4bullet54729
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
    Yes
     
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JULENE BOWE SECRETARY-TREASURER
    40.00     		105,229 0 0
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    GERALD NAIBERG PRESIDENT THRU 7/1/21
    10.00     		1,875 0 0
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    DAVID HANCOCK VICE PRESIDENT THRU 6/23/21
    10.00     		1,667 0 0
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    THOMAS LEINENKUGEL SECRETARY-TREASURER
    2.50     		22,292 0 0
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    GERALD JACOBSON VICE PRESIDENT
    4.00     		16,667 0 0
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    ALYSIA BOWE ASSISTANT SECRETARY
    24.00     		46,769 0 0
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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 VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    28,613,861
    b
    Average of monthly cash balances.......................
    1b
    774,466
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    29,388,327
    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
    29,388,327
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    440,825
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    28,947,502
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,447,375
    Part X
    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 IX, line 6..................
    1
    1,447,375
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    21,417
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    17,663
    c
    Add lines 2a and 2b............................
    2c
    39,080
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,408,295
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,408,295
    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 XII, line 1 ...
    7
    1,408,295
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,408,295
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 967,047
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,272,788
    a Applied to 2020, but not more than line 2a 967,047
    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 2021 distributable amount..... 305,741
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,102,554
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JULENE BOWE
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    (715) 723-6618
    bThe form in which applications should be submitted and information and materials they should include:
    THE APPLICATION FORM REQUIRES THE FOLLOWING INFORMATION TO BE INCLUDED: -NAME AND CONTACT INFO -SOCIAL SECURITY NUMBER -HOW LONG HAVE YOU LIVED AT YOUR CURRENT ADDRESS? -DO YOU RENT? LANDLORD INFORMATION, PREVIOUS ADDRESS -NAME AND ADDRESS OF YOUR PARENTS, WILL THEY HELP YOU? IF SO WHY NOT, -DO YOU HAVE OTHER FRIENDS OR RELATIVES THAT WILL HELP YOU? -ARE YOU MARRIED? ARE YOU DIVORCED? -SPOUSAL INFORMATION, INFORMATION OF ANY CHILDREN LIVING WITH YOU (AGE AND NAMES) -ARE YOU WORKING, WHERE DO YOU WORK? -IF YOU ARE NOT WORKING, EXPLAIN WHY YOU HAVE NOT WORKED, WHY DID YOU LEAVE THAT JOB, WHAT WAS THE LAST JOB HAD? -CAN YOU WORK, IF NOT, WHY? -DO YOU HAVE A CAR? MAKE AND YEAR -DO YOU RECEIVE ASSISTANCE FROM ANY CHIPPEWA COUNTY AGENCIES? -IF SO, LIST AGENCY AND AMOUNT YOU RECEIVE EACH MONTH, FOOD STAMPS? -DO YOU RECEIVE SSI? HOW MUCH? -ANY OTHER SOURCES OF INCOME? HOW MUCH? -HAVE YOU EVER RECEIVED HELP FROM RUTLEDGE CHARITIES? -WHY DO YOU NEED HELP?
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    RESIDENTS OF CHIPPEWA COUNTY, WI ARE PREFERRED.
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JULENE BOWE
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729
    (715) 723-6618
    bThe form in which applications should be submitted and information and materials they should include:
    -NAME AND CONTACT INFORMATION -MARITAL STATUS -NAME OF HIGH SCHOOL -LIST OF ACTIVITIES AND ACHIEVEMENTS AT SCHOOL AND IN COMMUNITY -COLLEGE YOU PLAN TO ATTEND, MAJOR -GRADUATION DATE -FULL TIME OR PART TIME STUDENT AND EXPLANATION -EMPLOYMENT INFORMATION -ALL APPLICANTS MUST APPLY FOR FINANCIAL AID AND SUBMIT A COPY OF THE FAFSA REPORT WITH APPLICATION -PARENTAL STATUS (DIVORCED, DECEASED, STEP, OTHER) -PARENTAL INFORMATION -FINANCIAL ASSISTANCE BEING PROVIDED FROM FAMILY -STATEMENT OF NEED - EXPLAIN ANY SPECIAL CIRCUMSTANCES THAT IMPACT YOUR FINANCIAL SITUATION BUT MAY NOT BE OBVIOUS ON THE STUDENT AID REPORT. -LIST OTHER SOURCES OF FUNDS FOR COLLEGE EXPENSES -OTHER SCHOLARSHIPS -ESTIMATE OF TUITION AND OTHER EXPENSES -COMPLETE TRANSCRIPT OF HIGH SCHOOL GRADES
    cAny submission deadlines:
    SCHOLARSHIP APPLICATIONS MUST BE SUBMITTED BY JUNE EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    RESIDENTS OF CHIPPEWA COUNTY, WI ARE PREFERRED.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    CHIPPEWA COUNTY HUMAN SERVICES
    711 N BRIDGE STREET
    CHIPPEWA FALLS,WI54729     		N/A GOV AID AND ASSIST 788
    CHIPPEWA CTY HOUSING AUTHORITY
    711 N BRIDGE ST RM 14
    CHIPPEWA FALLS,WI54729     		N/A GOV AID AND ASSIST 10,000
    CHIPPEWA FALLS PARKS - IRVINE PARK
    30 W CENTRAL ST
    CHIPPEWA FALLS,WI54729     		N/A GOV AID AND ASSIST 1,000
    ABBY ZEMAN
    21711 COUNTY HWY Q
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ABIGAIL EILER
    24839 48TH AVENUE
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ADDISON SCHINDLER
    8434 CTY HWY N
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    ADELINE PAULSON
    12200 CTY HWY DD
    COLFAX,WI54730     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    ADRIE FALENBERG
    15292 93RD AVENUE
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ALYSSA DACHEL
    2641 125TH AVENUE
    COLFAX,WI54730     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    ALYSSA SYKORA
    9727 129TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    AMBER ATCHISON
    5360 175TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ANNABELLE WITTROCK
    1117 19TH AVENUE
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 750
    ARIK SKIFSTAD
    3505 N HASTINGS WAY
    EAU CLAIRE,WI54703     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ASHLEY ANDERSON
    18781 72ND AVENUE
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ASHLEY RAJEK
    29398 COUNTY HIGHWAY S
    CORNELL,WI54732     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    AUSTIN SYKORA
    9727 129TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    AUSTIN THUR
    21243 COUNTY HWY F
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    AUTUMN DEMBOWSKI
    20976 50TH AVENUE
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    AVA DACHEL
    21515 COUNTY HWY DD
    NEW AUBURN,WI54757     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    BELINDA LOEW
    4364 COUNTY HWY B
    COLFAX,WI54730     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    BENJAMIN BOIE
    N13039 KOSER AVENUE
    THORP,WI54771     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    BENJAMIN GOETTL
    15621 CTY HWY G
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    BENJAMIN KLAHR
    3439 FEM CT
    EAU CLAIRE,WI54703     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    BENJAMIN MILAS
    9763 315TH STREET
    BOYD,WI54726     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    BENJAMIN TURNER
    104 MCKNIGHT STREET
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    BLAZE TODD
    2188 46TH AVENUE
    ELK MOUND,WI54739     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    BRADY WEBSTER
    25486 293RD AVENUE
    HOLCOMBE,WI54745     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    BRETT ELKIN
    9566 137TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    BRIANNA TURNER
    104 MCKNIGHT STREET
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    BRIGHT SMILES
    5388 STATE HWY 64
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 12,500
    BROOKE PEDERSON
    8024 223RD STREET
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    BRYCE ELKIN
    9566 137TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    BRYCE ERICKSON
    4743 270TH STREET
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    CALLI BREMNESS
    24936 48TH AVENUE
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    CALLIE GALLION
    4800 W DEER RUN DRIVE APT 102
    BROWN DEER,WI53223     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    CARLIE NELSON
    36589 100TH AVENUE
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    CATELYN SWENSON
    1407 WISSOTA GREEN PKWY APT 4
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    CHLOE KLATT
    21919 CTY HWY Q
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    COLE WOZNIAK
    33731 90TH AVENUE
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    COLLIN PRILL
    315 IRVINE COURT
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    DANIELLE BELAU
    1634 EAGLE STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    DEVON SCHROEDER
    904 DOVER STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    DYLAN NORTH
    529 S EAST STREET
    NEW AUBURN,WI54757     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ELIZABETH DACHEL
    10435 20TH STREET
    COLFAX,WI54730     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ELIZABETH LINDQUIST
    6323 17TH AVENUE
    EAU CLAIRE,WI54703     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ELLA KOENIG
    NL4186 COPENHAVER AVENUE
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    EMILY FREAGON
    213 THOMPSON STREET
    BLOOMER,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    EMILY KEEKU
    WL 1978 PINE ROAD
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ERIC HOFFSTATTER
    35763 100TH AVENUE
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ETHAN KJELLBERG
    3775 20TH STREET
    ELK MOUND,WI54739     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ETHAN LINGEN
    133 EAST 4TH AVENUE
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    FAITH ANDERSON
    4136 125TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    FELISHA GLOMSKI
    22564 45TH AVENUE
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    GRACE POST
    26755 160TH STREET
    NEW AUBURN,WI54757     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    GRACE WILLIAMS
    2381 COUNTY HWY D
    BOYD,WI54726     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    GRACIE MCMANUS
    35108 59TH AVENUE
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    HAILEY BLASKOWSKI
    2830 36TH AVENUE
    ELK MOUND,WI54739     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    HAILEY DURAND-CHRISTIANSON
    12404 COUNTY HIGHWAY DD
    COLFAX,WI54730     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    HANNAH HAUSE
    11921 CTY HWY H
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    HANNAH LINDQUIST
    605 MAIN STREET
    CORNELL,WI54732     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    HARRY MATESKI
    WI 1686 ELM ROAD
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    HEIDI SKWIERCZYNSKI
    2552 106TH STREET
    EAU CLAIRE,WI54703     		NONE INDIVIDUAL SCHOLARSHIP 750
    HOLLY SMITH
    N950 MEYER ROAD
    BOYD,WI54726     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    HOPE NYE
    6799 COUNTY HIGHWAY XX
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    JACK PORTER
    982 RUFLEDT ROAD
    CORNELL,WI54732     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    JACOB HALL
    117 NORTH 5TH STREET
    CORNELL,WI54732     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    JADA KOWALCZYK
    216 DAHL STREET
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    JAMIE LYONS
    2958 PT AVENUE
    NEW AUBURN,WI54757     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    JAYNA BOWE
    3311 STATE HIGHWAY 40
    COLFAX,WI54730     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    JENNIFER SONNENTAG
    2720 295TH STREET
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    JESSICA BARR
    17615 100TH STREET
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    JOHN BARR
    1114 7TH STREET E
    MENOMONIE,WI54751     		NONE INDIVIDUAL SCHOLARSHIP 750
    KAILYN SCHILLINGER
    314 W STANLEY STREET
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    KAITLYN TICE
    10526 COUNTY HIGHWAY S SOUTH
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    KARISSA LAUER
    18497 60TH STREET
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    KARISSA SCHILLINGER
    314 W STANLEY STREET
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    KARSON DUPEY
    24352 COUNTY HWY X
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    KATELYN STEINMETZ
    624 DUTCHMAN DRIVE APT 3
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 750
    KATHERINE FARIS
    5966 188TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    KATIE SWOPE
    32800 200TH AVENUE
    BOYD,WI54726     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    KAYCEE SCHULTZ
    18133 STATE HWY 64
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    KELSEY KUEHNI
    14321 CTY HWY G
    BOYD,WI54726     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    KENADI POIRIER
    4494 155TH AVENUE
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    KENDALL ZEMAN
    19503 85TH STREET
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    KENDRA SKWIERCZYNSKI
    2552 106TH STREET
    EAU CLAIRE,WI54703     		NONE INDIVIDUAL SCHOLARSHIP 750
    KENDRA YODER
    N1260 GRAVEL PIT ROAD
    AUGUSTA,WI54722     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    KENNETH NELSON
    27378 COUNTY HWY MM
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    LAKKEN BURZYNSKI
    9796 370TH STREET
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    LAUREN BUSS
    2858 113TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    LEO BURMEISTER
    10425 161ST STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    LOGAN HUGHES
    3005 DAMON STREET
    EAU CLAIRE,WI54701     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    LOREN BEAUDETTE
    9680 168TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MACKENZIE SHAKAL
    9645 166TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MADELYN IRWIN
    10444 51ST AVENUE
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MAGGIE SARAUER
    5784 COUNTY HIGHWAY A
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MALLORY GUSTAFSON
    419 DODGE STREET
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MARCUS CAMPBELL
    337 GARFIELD STREET
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MARISSA GUSTAFSON
    419 DODGE STREET
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MASEN MILLER
    2119 9TH AVENUE
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 750
    MATTHEW OSTRANDER
    1914 ZERA STREET
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MAZIE JACKAN
    9675 166TH STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    MCKENZIE PROKUPEK
    13831 250TH STREET
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    MEGAN BISCHEL
    17234 130TH STREET
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MEGAN FASBENDER
    123 SOUTH BROWN STREET
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MEGAN GOODMAN
    14487 360TH STREET
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    MIKAYLA LEBAKKEN
    906 MARTIN ROAD
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    MIKAYLA RUFLEDT
    1410 VINE STREET
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MILO KOENIG
    NL4186 COPENHAVER AVENUE
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    MITCHELL GUNDERSON
    26211 135TH AVENUE
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    NATALIE STEWART
    4818 183RD STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    NELSON WAHL
    20512 80TH AVENUE
    CADOTT,WI54727     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    NOELLE STRZOK
    29865 240TH STREET
    HOLCOMBE,WI54745     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    OLIVIA BURMEISTER
    10425 161ST STREET
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 750
    ORIANNA LEBAL
    30307 COUNTY HIGHWAY G
    SHELDON,WI54766     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    PAYTON DACHEL
    1511 6TH AVENUE
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    QUINN RUSSELL
    15581 20TH STREET
    COLFAX,WI54730     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    RYLIE JARR
    8679 COUNTY HIGHWAY C
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    SAMANTHA TEALEY
    2129 LAKESHORE DRIVE
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 750
    SAMUEL DENZINE
    122 W 8TH AVENUE
    STANLEY,WI54735     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    SHANTELLE RUF
    21441 175TH STREET
    CORNELL,WI54732     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    STEPHANIE FEDIE
    1031 TAINTER STREET APT 1
    MENOMONIE,WI54751     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    STEPHEN ARTON
    19976 CTY HWY DD
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    TAMARA OMAR
    22962 90TH STREET
    BLOOMER,WI54724     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    TATE RUSSELL
    15581 20TH STREET
    COLFAX,WI54730     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    TATE SAUERWEIN
    27999 265TH STREET
    HOLCOMBE,WI54745     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    TAYLOR HARTZELL
    29141 263RD STREET
    HOLCOMBE,WI54745     		NONE INDIVIDUAL SCHOLARSHIP 1,500
    TAYLOR LINDSAY
    13388 300TH STREET
    BOYD,WI54726     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    TESSAH TYMAN
    2336 30TH AVENUE
    ELK MOUND,WI54739     		NONE INDIVIDUAL SCHOLARSHIP 1,000
    THEO CHWALA
    34351 CTY HWY MM
    STANLEY,WI54768     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    TRAVIS CHRISTOPH
    34901 25TH AVENUE
    BOYD,WI54726     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    TRISTEN HARDER
    30765 117TH STREET
    NEW AUBURN,WI54757     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ZACH RUF
    21441 175TH STREET
    CORNELL,WI54732     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ZOEY RADA
    8092 CTY HWY M
    NEW AUBURN,WI54757     		NONE INDIVIDUAL SCHOLARSHIP 2,000
    ALZHEIMER'S ASSOCIATION
    404 N BRIDGE ST
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 1,000
    BARNABAS TABLE EMERGENCY FOOD PANTRY
    19 W SPRING ST
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 12,000
    BLOOMER AREA FOOD PANTRY
    2300 DUNCAN RD
    BLOOMER,WI54724     		N/A PUBLIC CHARITY AID AND ASSIST 16,000
    BOYS & GIRLS CLUB OF GREATER CHIPPEWA VALLEY
    1005 OXFORD AVE
    EAU CLAIRE,WI54703     		N/A PUBLIC CHARITY AID AND ASSIST 75,000
    CADOTT 4C'S FOOD PANTRY
    112 MILL AVE
    CADOTT,WI54727     		N/A PUBLIC CHARITY AID AND ASSIST 8,750
    CATHOLIC CHARITIES - SOJOURNER HOUSE
    3710 EAST AVE S
    LA CROSSE,WI54601     		N/A PUBLIC CHARITY AID AND ASSIST 5,000
    CHILDREN'S MUSEUM OF EAU CLAIRE
    40 S BARSTOW STREET
    EAU CLAIRE,WI54701     		N/A PUBLIC CHARITY AID AND ASSIST 12,500
    CHIPPEWA AREA HISTORY CENTER
    PO BOX 153
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 175,000
    CHIPPEWA FALLS AREA SENIOR CENTER
    1000 E GRAND AVE
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 25,000
    CHIPPEWA VALLEY FREE CLINIC
    1030 OAK RIDGE DRIVE
    EAU CLAIRE,WI54701     		N/A PUBLIC CHARITY AID AND ASSIST 10,000
    CORNELL FOOD PANTRY
    PO BOX 253
    CORNELL,WI54732     		N/A PUBLIC CHARITY AID AND ASSIST 12,000
    CORNELLLAKE HOLCOMBE 21ST CENTURY CLC
    PO BOX 517
    CORNELL,WI54732     		N/A PUBLIC CHARITY AID AND ASSIST 15,000
    ENGLISH LUTHERAN BATEMAN PANTRY PALS
    20588 CTY HWY X
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 8,250
    FAMILY SUPPORT CENTER
    PO BOX 143
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 20,000
    FEED MY PEOPLE FOOD BANK
    2610 ALPINE RD
    EAU CLAIRE,WI54703     		N/A PUBLIC CHARITY AID AND ASSIST 50,000
    FEED MY PEOPLE-COME NOW & EAT
    PO BOX 9
    CADOTT,WI54727     		N/A PUBLIC CHARITY AID AND ASSIST 8,750
    FEED MY PEOPLE-LEGACY COMMUNITY CENTER
    26 W GRAND AVE
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 16,000
    FIRST PRESBYTERIAN CHURCH FOOD PANTRY
    130 W CENTRAL ST
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 12,000
    FRUIT OF THE VINE FOOD PANTRY
    PO BOX 46
    STANLEY,WI54768     		N/A PUBLIC CHARITY AID AND ASSIST 4,500
    HOPE VILLAGE-LANDMARK CHRISTIAN CHURCH
    4140 126TH ST
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 29,100
    JIM FALLS COMMUNITY FOOD PANTRY
    13883 CTY HWY S SOUTH
    JIM FALLS,WI54748     		N/A PUBLIC CHARITY AID AND ASSIST 8,750
    LAKE HOLCOMBE FOOD PANTRY
    28530 250TH AVE
    HOLCOMBE,WI54745     		N/A PUBLIC CHARITY AID AND ASSIST 8,250
    LITERACY CHIPPEWA VALLEY
    510 S FARWELL ST
    EAU CLAIRE,WI54701     		N/A PUBLIC CHARITY AID AND ASSIST 10,000
    MOBILE MEALS OF CHIPPEWA FALLS
    PO BOX 601
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 20,000
    NATIONAL FIRE SAFETY COUNCIL
    1301 CHIPPEWA CROSSING BLVD
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 120
    NORTHERN WISCONSIN STATE FAIR
    225 EDWARD ST
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 83,333
    OPEN DOOR CLINIC
    PO BOX 271
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 45,000
    SENIOR REVIEW (BRIDGING CHIPPEWA CO) PAPER
    3315 NIMITZ ST
    EAU CLAIRE,WI54701     		N/A PUBLIC CHARITY AID AND ASSIST 1,000
    SPIRIT OF CHRISTMAS
    PO BOX 831
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 2,500
    ST FRANCESCA FOOD PANTRY
    117 ALLEN STREET
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 12,000
    STANLEY AREA FOOD PANTRY
    147 E 4TH AVE
    STANLEY,WI54768     		N/A PUBLIC CHARITY AID AND ASSIST 8,750
    THE HUB HOMELESS SERVICES INC
    1749 CTY HWY 00
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 25,000
    VALLEY VINEYARD FOOD PANTRY
    910 BRIDGEWATER AVE
    CHIPPEWA FALLS,WI54729     		N/A PUBLIC CHARITY AID AND ASSIST 12,000
    R OZOWSKI
    14539 46TH AVENUE
    CHIPPEWA FALLS,WI54729     		NONE INDIVIDUAL SCHOLARSHIP 42
    Total .................................bullet 3a 994,883
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ...........     		    14 103,846  
    4 Dividends and interest from securities ....          
    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 ............     		    18 209,462  
    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 1,633,454 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,633,454
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    EDWARD AND HANNAH M RUTLEDGE CHARITIES
     
    INC
    EIN:
    39-0806178
    Name of Bond End of Year Book Value End of Year Fair Market Value
    200M CD - CITIBANK NATL ASSN 200,000 198,964
    95M PFIZER INC. 3.40% 5-15-24 97,284 96,312
    95M AMAZON COM. INC. 3.80% 12-5-24 97,178 97,259
    95M APPLE INC. 2.50% 2-9-25 90,461 94,216
    90M ORACLE CORP. 3.25% 5-15-30 85,205 80,394
    90M MICROSOFT CORP. 3.50% 2-12-35 84,263 88,987
    100M MCDONALDS CORP. 3.70% 2-15-42 87,607 88,114
    100M PEPSICO INC. 3.60% 8-13-42 95,088 92,989

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    EDWARD AND HANNAH M RUTLEDGE CHARITIES
     
    INC
    EIN:
    39-0806178
    Name of Stock End of Year Book Value End of Year Fair Market Value
    7000 HALLIBURTON 29,184 283,500
    5000 JOHNSON & JOHNSON 16,822 897,650
    8000 MERCK 127,164 736,240
    100 NW BANCSHARES 340,274 536,800
    271 SPECTRUM 0 6,780
    800 ORGANON & CO 0 30,368
    AMERICAN FUNDS AMERICAN BALANCED 280,437 637,422
    AMERICAN FUNDS AMCAP FUND 407,508 1,033,968
    AMERICAN FUNDS BOND FUND OF AMERICA 513,550 491,469
    AMERICAN FUNDS CAPITAL INCOME BUILDERS 208,200 284,187
    AMERICAN FUNDS FUNDAMENTAL INV 384,726 1,125,650
    AMERICAN FUNDS GROWTH FUND 570,429 1,233,999
    AMERICAN FUNDS STRATEGIC BOND 543,736 501,136
    AMERICAN FUNDS INCOME FUND 208,200 324,752
    AMERICAN FUNDS NEW WORLD 200,000 305,535
    VANGUARD ADMIRAL FUND 756,675 701,813
    ORGEL WEALTH MANAGEMENT EUROPACIFIC 635,109 648,563
    ROWE T PRICE MID CAP GROWTH 818,919 844,620
    VANGUARD SHORT TERM INV. 752,215 722,243
    JOHCM EMERGING MARKETS OPPORTUNITIES FUND 682,273 668,031
    ALLSPRING SPECIAL MID CAP VALUE FUND 761,077 1,054,425
    FROST TOTAL RETURN BOND FUND 1,408,546 1,347,513
    PGIM EFT TR ULTRA 710,842 701,687
    SCHWAB STRATEGIC TR US 708,710 970,587
    VICTORY MARKET NEUTRAL INCOME 909,000 914,456
    AQR LARGE CAP DEFENSIVE STYLE 691,413 875,756
    JP MORGAN STRATEGIC INCOME OPPORTUNITIES FUND 884,566 873,500
    SCHWAB INTERNATIONAL INDEX FUND 994,162 1,201,899
    DELAWARE SMALL CAP CORE FUND 437,900 591,373
    VANGUARD BD INDEX FUND 2,178,610 2,111,212
    VANGUARD TOTAL STOCK MARKET INDEX FUND ADMIRAL SHARES 1,989,411 2,636,375
    VANGUARD WHITEHALL FUND INTL 464,615 456,926
    SPDR SER TR S&P 500 GROWTH EFT 46,216 45,900

    TY 2021 OtherExpensesSchedule
    Name:
    EDWARD AND HANNAH M RUTLEDGE CHARITIES
     
    INC
    EIN:
    39-0806178
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 932 233   699
    POSTAGE 1,112 278   834
    TELEPHONE 1,491 373   1,118
    PROFESSIONAL FEES 68,313 17,078   51,238
    ABSTRACT AND FILING FEES 83 21   62
    MISCELLANEOUS OFFICE EXPENSE 9,931 2,483   7,448
    LOAN CLOSET EQUIPMENT 162 40   122
    REPAIRS 399 100   299


    TY 2021 OtherIncomeSchedule2
    Name:
    EDWARD AND HANNAH M RUTLEDGE CHARITIES
     
    INC
    EIN:
    39-0806178
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FOUNDATION REIMBURSEMENT 30,000 30,000 30,000


    TY 2021 TaxesSchedule
    Name:
    EDWARD AND HANNAH M RUTLEDGE CHARITIES
     
    INC
    EIN:
    39-0806178
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 34,251 0   0
    REAL ESTATE TAXES 2,336 0   0
    UBIT TAX 34,179 0   0
    PAYROLL TAXES 13,628 3,407   10,221