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 01-01-2021 , and ending 12-31-2021
Name of foundation
Dupaco RW Hoefer Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1000 Jackson St
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Dubuque, IA52001
A Employer identification number

45-4145438
B Telephone number (see instructions)

(563) 557-7600
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$8,872,343J 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) 947,584
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 147,214 147,214  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 513,504
b Gross sales price for all assets on line 6a 931,755
7 Capital gain net income (from Part IV, line 2)... 513,504
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,608,302 660,718  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 16,035 16,035    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,730      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,765 16,035   0
25 Contributions, gifts, grants paid....... 347,457 347,457
26 Total expenses and disbursements. Add lines 24 and 25 370,222 16,035   347,457
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,238,080
b Net investment income (if negative, enter -0-) 644,683
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............. 119,730 33,127 33,127
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)....... 4,042,463 Click to see attachment5,028,056 5,028,056
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).......... 3,424,545 Click to see attachment3,811,160 3,811,160
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) 7,586,738 8,872,343 8,872,343
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 7,586,738 8,872,343
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 7,586,738 8,872,343
30 Total liabilities and net assets/fund balances (see instructions). 7,586,738 8,872,343
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
7,586,738
2
Enter amount from Part I, line 27a .....................
2
1,238,080
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
47,525
4
Add lines 1, 2, and 3 ..........................
4
8,872,343
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,872,343
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 Sales from publicly traded securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 490,000   418,251 71,749
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       71,749
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 2 513,504
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 76,433
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  
3 Add lines 1 and 2........................... 3 8,961
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,961
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 4,379
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 4379 7 4,379
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 4,582
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 2022 estimated taxBullet   RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 ofbullet   Telephone no.bullet (563) 557-7600

    Located atbullet1000 Jackson StDubuqueIA ZIP+4bullet52001
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 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)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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
    Denise Dolan Director, Chair
    001.00     		0    
    2830 Oak Meadow Ct
    Dubuque,IA52003
    Randy Skemp Director, Vice Chair
    001.00     		0    
    3550 Charleston Ct
    Dubuque,IA52002
    Robert Hoefer Director
    001.00     		0    
    3620 Seville Drive
    Dubuque,IA52002
    Joseph Hearn Director, Secretary
    001.00     		0    
    2268 Clover Lane
    Asbury,IA52002
    Danielle Gratton Director, Treasurer
    001.00     		0    
    6431 Torrey Pines Drive
    Dubuque,IA52002
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 None 0
    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 None  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    7,888,388
    b
    Average of monthly cash balances.......................
    1b
    112,147
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,000,535
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,000,535
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    120,008
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    7,880,527
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    394,026
    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
    394,026
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    8,961
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,961
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    385,065
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    385,065
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    385,065
    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 7 385,065
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020...... 1,254
    f Total of lines 3a through e ........ 1,254
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 347,457
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 347,457
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021. 1,254 1,254
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		36,354
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    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).)
    None
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    None
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Dupaco R W Hoefer Foundation
    PO Box 179
    Dubuque,IA520040179
    (563) 557-7600
    RWHoeferFoundationdupaco.com
    bThe form in which applications should be submitted and information and materials they should include:
    Grant Application Form at www.dupaco.com/community/dupaco-rw-hoefer-foundation/
    cAny submission deadlines:
    May 1 November 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The encouragement of education, promotion of charity, and to contribute to organizations or causes which enhance the quality of life.
    Form 990-PF (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
    Abby Vance
    1624 Lincoln Ave
    Dubuque,IA520012102     		None I NEEDS BASED 347
    Abigail McConnell
    1011 Vermont St
    Waterloo,IA50702     		None I NEEDS BASED 1,057
    Adam Bartels
    425 2nd Ave SW
    Dyersville,IA52040     		None I NEEDS BASED 1,000
    Adam Ross
    942 Webster St
    Iowa City,IA52240     		None I NEEDS BASED 1,000
    Alexandra Fuller
    9621 Maquoketa Dr
    Dubuque,IA52003     		None I NEEDS BASED 1,000
    Alicia McFann
    405 4th St Apt 7
    Delhi,IA52223     		None I NEEDS BASED 5,000
    Alicia Smith
    218 Conger St
    Waterloo,IA507032410     		None I NEEDS BASED 518
    Alzheimer's Association
    301 Bell St
    Dubuque,IA52003     		None PC NEEDS BASED 900
    Amanda Lisk
    102 Stewart Dr
    Hanover,IL61041     		None I NEEDS BASED 1,000
    Amanda Radtke
    1023 Candletree Ln
    Carbondale,IL62901     		None I NEEDS BASED 2,500
    Amber Faley
    109 Lewis St
    Mount Auburn,IA52313     		None I NEEDS BASED 1,000
    Amber Greif
    2235 Lincoln St Lot 27
    Cedar Falls,IA50613     		None I NEEDS BASED 2,500
    Amber Porter
    609 W Armstrong Ct
    Mount Pleasant,IA526412819     		None I NEEDS BASED 550
    Amber Shaver
    471 Ida Dr
    Marion,IA523026943     		None I NEEDS BASED 1,176
    Andre Banks Jr
    275 12th Ave SW
    Cedar Rapids,IA524042151     		None I NEEDS BASED 1,315
    Andrea Clements
    2480 Copper Dr
    Marion,IA523027306     		None I NEEDS BASED 1,000
    Anna Spahn
    3243 Bittersweet Ln
    Dubuque,IA52001     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Annetta Grice
    210 7th Ave SW
    Cedar Rapids,IA52404     		None I NEEDS BASED 5,000
    Annette Barker
    815 2nd St NW
    Oelwein,IA50662     		None I NEEDS BASED 1,500
    Ashley Krieger
    302 Jordan Ave
    East Dubuque,IL61025     		None I NEEDS BASED 1,000
    Ashley Lau
    2633 Van Buren Ave
    Dubuque,IA520015545     		None I NEEDS BASED 592
    Beverly Ambrosy
    109 McDermott Court
    Epworth,IA52045     		None I NEEDS BASED 1,000
    Braelyn Mowry
    995 Westwood Court
    Platteville,WI53818     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Brandon Golden
    604 4th St SE
    Dyersville,IA52040     		None I NEEDS BASED 1,000
    Brandon Wilson
    2026 Brenna Ct
    Cuba City,WI53807     		None I NEEDS BASED 1,000
    Brandy Roth
    405 Boggess St
    Galena,IL61036     		None I NEEDS BASED 1,000
    Brenda Nank
    2172 KeyWay Dr
    Dubuque,IA52002     		None I NEEDS BASED 2,500
    Bryan Aponte Carrion
    2285 Southway Dr
    Dubuque,IA52002     		None I NEEDS BASED 1,000
    Bryce Hammel
    420 Winona St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    C Dwight Turner
    1500 N Grandview Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Caleb Phillips
    518 6th Ave SE
    Dyersville,IA52040     		None I NEEDS BASED 1,000
    Cameron Cable
    1897 Harrison St
    New Vienna,IA52065     		None I NEEDS BASED 1,000
    Camp Courageous
    12007 190th Street PO Box 418
    Monticello,IA52310     		None PC NEEDS BASED 1,500
    Candice Miller
    107 Bergen Street
    Vail,IA51465     		None I NEEDS BASED 2,500
    Carter Breitbach
    1409 Langworthy Ct Se
    Cascade,IA52033     		None I NEEDS BASED 4,000
    Castilla Neyens
    13223 275th St
    Zwingle,IA52079     		None I NEEDS BASED 1,000
    Catherine McAuley Center
    1220 5th Ave SE
    Cedar Rapids,IA52403     		None PC NEEDS BASED 5,000
    Cedar Falls Schools Foundation
    602 Main Street
    Cedar Falls,IA50613     		None PC NEEDS BASED 1,000
    Chad Woodson
    1213 Cranbrook Dr
    Schaumburg,IL601934431     		None I NEEDS BASED 300
    Chandra Oden
    202 Randolph St
    Waterloo,IA507015920     		None I NEEDS BASED 578
    Christine Jones
    426 Washington St
    Denver,IA50622     		None I NEEDS BASED 1,000
    Christopher Troendle
    616 Main St
    Lansing,IA521510261     		None I NEEDS BASED 450
    Clotel Sanders
    153 W Park Ln
    Waterloo,IA507042864     		None I NEEDS BASED 300
    Connor Wallace
    2643 Pinard St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Consumer Credit Counseling Service of Northeastern Iowa
    1003 W 4th Street
    Waterloo,IA50702     		None PC NEEDS BASED 2,500
    Corinelis Muhammad
    1517 Wakonda Dr
    Waterloo,IA507031349     		None I NEEDS BASED 692
    Crescent Community Health Center
    1690 Elm Street
    Dubuque,IA52001     		None PC NEEDS BASED 5,000
    Dave Kitty Stephan
    31671 Olde Castle Rd
    Dyersville,IA52040     		None I NEEDS BASED 1,500
    Debra Putnam
    1480 25th St
    Marion,IA52302     		None I NEEDS BASED 1,000
    Debra Smouse
    914 E US Highway 30 Lot 57
    Carroll,IA514012674     		None I NEEDS BASED 300
    Dee Detbarn
    745 Independence St
    Hiawatha,IA52233     		None I NEEDS BASED 1,000
    Denise Sanchez
    1825 Admiral St
    Dubuque,IA520020425     		None I NEEDS BASED 576
    Desirea Phillips
    15394 V Ave
    Dike,IA50624     		None I NEEDS BASED 2,500
    Dino Woods
    1933 Higley Ave SE
    Cedar Rapids,IA52403     		None I NEEDS BASED 2,500
    Donna Schirmer
    1768 Apache Dr
    Marion,IA523026710     		None I NEEDS BASED 374
    Donna Williams
    30790 Buncombe Rd
    Hazel Green,WI538119513     		None I NEEDS BASED 300
    Dubuque County Little Food Pantries
    2899 Hales Mill Road
    Asbury,IA52002     		None PC NEEDS BASED 1,000
    Dubuque Visiting Nurse Association
    660 Iowa Street
    Dubuque,IA52001     		None PC NEEDS BASED 1,500
    Dubuque Visiting Nursing Association Junior Board
    1454 Iowa Street Box 359
    Dubuque,IA52004     		None PC NEEDS BASED 1,500
    Dustin Krystle Ambort
    121 N Main St
    Potosi,WI53808     		None I NEEDS BASED 3,000
    Easterseals Iowa
    401 NE 66th Ave
    Des Moines,IA50313     		None PC NEEDS BASED 3,000
    Ecumenical Community Center Foundation
    601 2nd Ave SE
    Cedar Rapids,IA52401     		None PC NEEDS BASED 3,000
    Egypt Clayton
    3205 Los Feliz Blvd Apt 13-213
    Los Angeles,CA900391518     		None I NEEDS BASED 200
    Elizabeth Lange
    481 Greenwood Ave
    East Dubuque,IL61025     		None I NEEDS BASED 1,000
    Elizabeth Lee-Moes
    303 S Hickory
    Galena,IL61036     		None I NEEDS BASED 2,000
    Ellalaura M W Gamblin
    203 Cutler St
    Waterloo,IA507032413     		None I NEEDS BASED 300
    Emily Bickle
    933 White St
    Dubuque,IA520015033     		None I NEEDS BASED 200
    Emily Failmezger
    12250 Swiss Valley Road
    Peosta,IA52068     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Emily Green
    1529 E Locust St
    Davenport,IA528033243     		None I NEEDS BASED 200
    Emily Lange
    341 Arbor St
    Benton,WI53803     		None I NEEDS BASED 1,000
    Emma L Betts
    2419 Stafford St
    Dubuque,IA520012058     		None I NEEDS BASED 491
    Eric Vaske
    1328 N 4th St
    Manchester,IA52057     		None I NEEDS BASED 1,000
    Erin Ellerbach
    3064 Sundown Ct Apt 4
    Dubuque,IA52001     		None I NEEDS BASED 300
    Families Helping Families of Iowa
    3516 Center Point Road NE
    Cedar Rapids,IA52402     		None PC NEEDS BASED 2,000
    Family Advocates Inc
    250 North Court Street PO Box 705
    Platteville,WI53818     		None PC NEEDS BASED 3,000
    Finley Health Foundation
    350 N Grandview Ave
    Dubuque,IA52001     		None PC NEEDS BASED 2,000
    Floyd Neal
    1413 Prospect Ave 1413
    Waterloo,IA50703     		None I NEEDS BASED 1,500
    Four Oaks Family and Children's Services
    5400 Kirkwood Blvd SW
    Cedar Rapids,IA52404     		None PC NEEDS BASED 5,000
    Fred Freebolin
    1966 Lincoln Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Gina Weber
    795 Clarke Dr
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Girl Scouts of Eastern Iowa and Western Illinois
    21700 Girl Scout Rd
    Epworth,IA52045     		None PC NEEDS BASED 3,000
    Gloria Gonzalez Nicolau Benefit
    595 Clarke Drive
    Dubuque,IA52001     		None I NEEDS BASED 100
    Grace Heft
    2991 Spring Valley Ct NE
    Swisher,IA52338     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Heather Conzett
    10543 Emberwood Dr
    Dubuque,IA520019445     		None I NEEDS BASED 500
    Heather Hoey
    26675 Aetna Rd
    Benton,WI53803     		None I NEEDS BASED 1,000
    Heather Loudenback
    820 Magnolia Ln Unit 3
    Marion,IA523021114     		None I NEEDS BASED 400
    Hills & Dales
    1011 Davis Street
    Dubuque,IA52001     		None PC NEEDS BASED 3,000
    His Hands Free Clinic
    1245 2nd Avenue SE
    Cedar Rapids,IA52403     		None PC NEEDS BASED 2,000
    House of Hope
    845 W 4th St
    Waterloo,IA50702     		None PC NEEDS BASED 5,000
    Jacob Tharp
    309 1st Ave E
    Cascade,IA520339484     		None I NEEDS BASED 663
    Jacob Vold
    32279 Nature Trl
    Dyersville,IA52040     		None I NEEDS BASED 1,000
    Jaime Pluemer
    370 Valeria St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    James Hall
    503 7th Ave SE
    Dyersville,IA52040     		None I NEEDS BASED 2,500
    Jamie Hanlon
    113 Main St
    Lanesboro,IA514430352     		None I NEEDS BASED 300
    Jamie Ludwig
    110 35th St Dr SE
    Cedar Rapids,IA52403     		None I NEEDS BASED 1,000
    Janina Polk
    3610 Ravenwood Cir
    Waterloo,IA507025530     		None I NEEDS BASED 433
    Jarumi Vazquez
    24425 Saint Peters Rd
    Darlington,WI53530     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Jeannette Thraen
    109 Division St
    Hanover,IL61041     		None I NEEDS BASED 1,000
    Jesse Cosby Neighborhood Center
    1112 Mobile St
    Waterloo,IA50703     		None PC NEEDS BASED 5,000
    Jessica Troy
    1795 Key Way Dr
    Dubuque,IA52002     		None I NEEDS BASED 4,000
    Jimmy Hall
    910 7th St SE Unit 337
    Cedar Rapids,IA524012400     		None I NEEDS BASED 300
    John Overton
    3155 English Glen Ct Unit 2
    Marion,IA52302     		None I NEEDS BASED 1,000
    Jolene Schmitt
    1910 Amelia Dr
    Dubuque,IA52001     		None I NEEDS BASED 1,500
    Joseph Fogle Benefit
    3817 E Otter Rd
    Alburnett,IA52202     		None I NEEDS BASED 100
    Jo-Vivian Smith
    2900 1st Ave NE
    Cedar Rapids,IA524024427     		None I NEEDS BASED 556
    Judith Tuecke
    605 Homestead Cir Apt 5
    Guttenberg,IA520529673     		None I NEEDS BASED 300
    Justin Heitzman Memorial
    3152 W 32nd St
    Dubuque,IA52001     		None I NEEDS BASED 100
    Kali Kramer
    906 2nd Ave SE
    Dyersville,IA52040     		None I NEEDS BASED 1,000
    Kallie Varela
    845 Eisenhower St
    Fennimore,WI53809     		None I NEEDS BASED 1,000
    Katelyn Woodward
    6334 1st Ave NW
    Cedar Rapids,IA524053107     		None I NEEDS BASED 3,000
    Katelynn Hommen-Quario
    2155 N Main St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Katherine Edge
    20079 County Road D
    Darlington,WI53530     		None I NEEDS BASED 2,500
    Katherine Grace Mikhail
    925 Pleasant St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Katie Matt Stober
    303 Denise Drive
    Palo,IA52324     		None I NEEDS BASED 5,000
    Katie Johnson
    636 Reber Ave
    Waterloo,IA50701     		None I NEEDS BASED 1,000
    Kayla Krum
    814 Oregon St
    Waterloo,IA50702     		None I NEEDS BASED 1,000
    Keary Holm
    801 N Woodlawn Ave
    Lake City,IA51449     		None I NEEDS BASED 3,000
    Keith Hall
    4618 Cardinal Drive
    Dubuque,IA52001     		None I NEEDS BASED 2,500
    Kelly MacDonald
    899 E 12th 164
    Des Moines,IA503041200     		None I NEEDS BASED 300
    Kevin Syrovy
    249 11th St NW
    Cedar Rapids,IA52405     		None I NEEDS BASED 1,000
    Key City Creative Center
    1781 White St
    Dubuque,IA52001     		None PC NEEDS BASED 2,640
    Kiernan Shaffer
    1345 S Grandview Ave
    Dubuque,IA52003     		None I NEEDS BASED 1,000
    Kimberly Carstens
    844 40th St
    Des Moines,IA503123120     		None I NEEDS BASED 300
    Krystina Kisting
    165 W 23rd St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Kyle Bies
    607 Garfield Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Kyle Prier
    1620 Hickson Ave
    Dubuque,IA52001     		None I NEEDS BASED 442
    Kylie Duster Benefit Account
    8797 Melissa Ct
    Dubuque,IA52003     		None I NEEDS BASED 100
    Kyran Shireman
    2796 Broadway St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Larry Benhart
    312 N Dearborn St
    Maquoketa,IA520602427     		None I NEEDS BASED 200
    Lauren Rebecca Allinger
    1510 Woodside Drive NW
    Cedar Rapids,IA52405     		None I NEEDS BASED 2,500
    Lauren Riggle
    3214 220th Trail
    Amana,IA52203     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Leader Valley Foundation
    360 Westfield Ave Ste 200
    Waterloo,IA50701     		None PC NEEDS BASED 4,000
    Lexi Knief
    2235 Schroeder St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Lillian Stelpflug
    175 W Madison St
    Platteville,WI53818     		None I NEEDS BASED 1,000
    Lily Jochum
    1200 Adeline Street
    Dubuque,IA52003     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Lori Warner
    313 E 18th St Apt 1
    Carroll,IA51401     		None I NEEDS BASED 2,500
    Lori Wells
    102 5th Ave NW
    Dyersville,IA520401159     		None I NEEDS BASED 200
    Lucas Thormann
    1955 Prescott St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Magdalena Perez Sanchez
    1650 Schiltz Ct
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Makenna Hoffman
    21093 Hawthorne Ave
    Carroll,IA51401     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    March of Dimes
    425 2nd St SE
    Cedar Rapids,IA52401     		None PC NEEDS BASED 775
    Margaret Cave
    3010 Kingman Blvd Apt 3
    Des Moines,IA50311     		None I NEEDS BASED 4,000
    Marion Cares
    1050 McGowen Blvd
    Marion,IA52302     		None PC NEEDS BASED 2,000
    Marion Independent School Foundation & Alumni
    777 S 15th St
    Marion,IA52302     		None PC NEEDS BASED 2,000
    Mary Cook
    3745 Sunlight Rdg
    Dubuque,IA520018853     		None I NEEDS BASED 400
    Mary Runde
    223 Thomas Ave
    East Dubuque,IL61025     		None I NEEDS BASED 1,000
    Mary Scott
    7 Hawthorne Lane
    Galena,IL61036     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Matthew and Jessica Larsen
    105 N Ave S Apt 4
    Vinton,IA523492486     		None I NEEDS BASED 1,249
    Matthew Edwards
    820 Magnolia Ln Unit 3
    Cedar Rapids,IA52302     		None I NEEDS BASED 2,000
    Matthew McDonald
    1291 Scott Ave
    Waterloo,IA50701     		None I NEEDS BASED 1,000
    Matthew Murphy
    1996 Golden Eagle Dr
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Max Jodi Fenton
    PO Box 66
    Greeley,IA52050     		None I NEEDS BASED 100
    Maya Wachter
    6408 Torrey Pines Drive
    Dubuque,IA52002     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Megan Warke
    605 So Place
    Carroll,IA51401     		None I NEEDS BASED 2,000
    Melissa-Lindsay Wieser
    2618 Queen St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Michael Schadler Benefit
    1310 3rd St SW
    Dyersville,IA52040     		None I NEEDS BASED 100
    Michael Williams
    1055 Valentine Dr
    Dubuque,IA52001     		None I NEEDS BASED 300
    Mike Shaffer
    447 S 11th St Unit 2
    Marion,IA523024540     		None I NEEDS BASED 392
    Molly McLaughlin
    711 Ries St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Monika Moeller
    20970 County Road Z
    Darlington,WI53530     		None I NEEDS BASED 1,000
    Natalie Morell
    730 Brodway St
    Platteville,WI53818     		None I NEEDS BASED 1,000
    Natalie Schloss
    365 Easy Street
    Winthrop,IA50682     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Nathan Donovan
    3351 Sandy Hook Rd
    Hazel Green,WI53811     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Nicholas Craghead
    726 W Parker St
    Waterloo,IA50703     		None I NEEDS BASED 3,000
    Nicholas McElligott
    135 Prospect Ave
    Waterloo,IA50703     		None I NEEDS BASED 4,000
    Nicole Johnson
    28 Vista Ridge Dr
    Galena,IL61036     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Nicole Walker
    612 S Sycamore St
    Monticello,IA52310     		None I NEEDS BASED 1,000
    Noah Johnston
    1240 N 2nd St Apt 2
    Platteville,WI53818     		None I NEEDS BASED 1,000
    Nolan Farrey
    985 Center Place
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Northeast Iowa Council Boy Scouts of America
    PO Box 732
    Dubuque,IA52004     		None PC NEEDS BASED 2,500
    Nyle Berge
    303 Pine St
    Allison,IA50602     		None I NEEDS BASED 5,000
    Olivia Brown
    211 W Bellevue Cascade Rd
    Bernard,IA520329346     		None I NEEDS BASED 300
    Olivia Fessler
    3445 Dove Street
    Dubuque,IA52002     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Olivia Reinert
    1499 North Algona Street
    Dubuque,IA52001     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    One City United
    907 Independence
    Waterloo,IA50703     		None PC NEEDS BASED 5,000
    Pamela Clayton
    1200 Elm St
    Marion,IA523022845     		None I NEEDS BASED 300
    Pamela Portillo
    401 E Front St
    Lake City,IA514491851     		None I NEEDS BASED 300
    Patrick Henry
    17234 S John Deere Rd Apt 9
    Dubuque,IA52001     		None I NEEDS BASED 300
    Penny Cook
    322 1st St
    Atkins,IA522060301     		None I NEEDS BASED 300
    Philip Tate Jr
    2325 Radford Rd Apt 23
    Asbury,IA520022503     		None I NEEDS BASED 200
    Placencia Lynch
    80 W Adams St
    Platteville,WI53818     		None I NEEDS BASED 1,000
    Qiana Sabers
    18282 Gary Ridge
    Durango,IA52039     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Rachel McKinley
    1225 Grandview Ave
    Waterloo,IA50703     		None I NEEDS BASED 1,000
    Rachel Nannenga
    2643 Queen St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Rebecca Dodds
    1941 Madison Apt J
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Richard Mockmore
    2312 Prince St Apt 1
    Dubuque,IA52001     		None I NEEDS BASED 300
    Richard Shannon
    2312 Prince St
    Dubuque,IA52001     		None I NEEDS BASED 300
    River Bend Food Bank (St Stephen's Food Bank)
    3145 Cedar Crest Ridge
    Dubuque,IA52003     		None PC NEEDS BASED 2,500
    Robert Candia
    410 Locust St Apt 3
    Waterloo,IA50701     		None I NEEDS BASED 1,500
    Russell Damme Jr
    3230 220th St
    Sumner,IA50674     		None I NEEDS BASED 1,000
    Ryan Martin
    528 3rd St NW
    Dyersville,IA520401153     		None I NEEDS BASED 300
    Rylee Hauder
    485 Oneill St
    Dubuque,IA520011252     		None I NEEDS BASED 400
    Samella Lee
    2112 N Towne Ln NE Apt 5
    Cedar Rapids,IA524021953     		None I NEEDS BASED 431
    Sandy Gilliam
    35 North Booth Street
    Dubuque,IA52001     		None I NEEDS BASED 1,500
    Savannah Lessei
    2547 1/2 Windsor Ave
    Dubuque,IA520010633     		None I NEEDS BASED 300
    Shalom Spirituality Center
    1001 Davis Street
    Dubuque,IA52001     		None PC NEEDS BASED 1,000
    Shirley Harris
    1264 Mary Dr
    Marion,IA523026793     		None I NEEDS BASED 350
    Sophia Hefel
    16531 Rustic Forest Trail
    Dubuque,IA52001     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Southwest Technical College Foundation
    1800 Bronson Blvd
    Fennimore,WI53809     		None PC NEEDS BASED 2,500
    Southwestern Wisconsin Community Action Program Inc
    149 N Iowa St
    Dodgeville,WI53533     		None PC NEEDS BASED 2,500
    St Florian Fire & Burn Foundation
    3512 Eclipse Cir
    Dubuque,IA52003     		None PC NEEDS BASED 2,000
    Stephanie Pumphrey
    501 N Linn St Apt A
    Anamosa,IA522051379     		None I NEEDS BASED 533
    Stephanie Schulz
    910 Tressa St
    Dubuque,IA52003     		None I NEEDS BASED 1,000
    Sydney Benson
    410 Menominee Dr
    Galena,IL61036     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Sydney Lange
    709 2nd St NE Trlr 35
    Dyersville,IA520401239     		None I NEEDS BASED 500
    Tabethe Schemmel
    704 Lowell St
    Dubuque,IA520013260     		None I NEEDS BASED 400
    Tanager Place
    2309 C St SW
    Cedar Rapids,IA52404     		None PC NEEDS BASED 1,000
    Team Rock Benefit
    2386 Maplewood Drive
    Asbury,IA52002     		None I NEEDS BASED 100
    Terance Ball
    449 Kern St
    Waterloo,IA50703     		None I NEEDS BASED 1,000
    Teresa Heim
    895 Kirkwood St
    Dubuque,IA520014351     		None I NEEDS BASED 398
    Teresa Jones
    1435 3rd St SW
    Cedar Rapids,IA52404     		None I NEEDS BASED 2,500
    Tersa Shcoenfeld Kevin Gladwin
    590 Clarke Drive
    Dubuque,IA52001     		None I NEEDS BASED 3,000
    The Job Foundation
    4600 University Ave Ste 1
    Cedar Falls,IA50613     		None PC NEEDS BASED 5,000
    Tiiffani Switzer
    2617 Windsor Ave
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Tim Davida McNamara
    195 Bradley St
    Dubuque,IA52001     		None I NEEDS BASED 3,500
    Timothy McCaw
    920 Merz St
    Dubuque,IA52001     		None I NEEDS BASED 1,000
    Timothy Mosley
    2418 5th St NE
    Minneapolis,MN554183506     		None I NEEDS BASED 600
    Together We Achieve
    1150 27th Ave SW
    Cedar Rapids,IA52404     		None PC NEEDS BASED 2,500
    Toni Healey
    1112 Roosevelt St
    Dubuque,IA52001     		None I NEEDS BASED 300
    Tristin Lucas
    303 W Pleasant St
    Maquoketa,IA52060     		None I NEEDS BASED 1,000
    Two by Two Character Development
    470 W 4th Street
    Dubuque,IA52001     		None PC NEEDS BASED 10,000
    Tyler Stussy
    225 Dodgeville St
    Highland,WI53543     		None I NEEDS BASED 1,000
    Tyson Morrissey
    145 West Oates Street
    Shullsburg,WI53586     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    UBFM's Sustainability Project
    PO Box 3413
    Dubuque,IA52004     		None PC NEEDS BASED 2,000
    United Way of Northwest Illinois
    524 W Stephenson St Ste 101
    Freeport,IL61032     		None PC NEEDS BASED 1,365
    Vanessa Gaul
    30654 Nuthatch Ct
    Dyersville,IA52040     		None I COLLEGE/UNIVERSITY SCHOLARSHIP 2,000
    Vanessa Parra
    105 W North St
    Marshalltown,IA50158     		None I NEEDS BASED 1,000
    Velma Rainville
    1376 Eagleview Dr
    Marion,IA523029137     		None I NEEDS BASED 200
    Wanda Lee
    1239 Buzz Court 1
    Waterloo,IA50701     		None I NEEDS BASED 500
    Wesley Cook
    106 E Cummings St
    Hawkeye,IA52147     		None I NEEDS BASED 1,000
    Willis Dady Homeless Services
    1247 4th Ave SE
    Cedar Rapids,IA52402     		None PC NEEDS BASED 2,000
    Yvonne Davis
    250 E Pine St
    Platteville,WI53808     		None I NEEDS BASED 839
    Zoe Pearce
    3710 E Woodbine St
    Stockton,IL61085     		None I NEEDS BASED 1,000
    Zoie Brimmer
    6838 Rte 52 S
    Bellevue,IA52031     		None I NEEDS BASED 375
    Total .................................bullet 3a 347,457
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		         
    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 ............     		    18 513,504  
    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) ..   660,718  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    660,718
    (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: 21013554
    Software Version: 21.0.5.0
    Part VI Line 7 - Tax Paid with the Original Return: 4,379


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

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    Dupaco RW Hoefer Foundation
     
    Employer identification number

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






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    Dupaco RW Hoefer Foundation
          		Employer identification number
    45-4145438
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Dupaco Community Credit Union
    1000 Jackson St
     
    Dubuque, IA52001

    		$ 860,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    Dupaco RW Hoefer Foundation
          		Employer identification number

    45-4145438
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    Dupaco RW Hoefer Foundation
          		Employer identification number

    45-4145438
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID: 21013554
    Software Version: 21.0.5.0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    28922 shares of ARTISAN INTERNATIONAL ADV APDIX 877,789 877,789
    11772 shares of ARTISAN MID CAP ADV APDMX 533,967 533,967
    12052 shares of JP MORGAN VALUE ADVANTAGE INS JVAIX 480,877 480,877
    7381 shares of TEMPLETON INSTL FOREIGN SMALLER CO TFSCX 160,904 160,904
    464 shares of VANGUARD INDEX TR SP 500 ADM CL VFIAX 204,038 204,038
    500 shares of BECTON DICKINSON CO COM 125,740 125,740
    1000 shares of CATERPILLAR INC DEL COM 206,740 206,740
    750 shares of DEERE CO COM 257,168 257,168
    5000 shares of HORMEL FOODS CORP COM 244,050 244,050
    1000 shares of ILLINOIS TOOL WKS INC COM 246,800 246,800
    1000 shares of JOHNSON JOHNSON COM 171,070 171,070
    1000 shares of KELLOGG CO COM 64,420 64,420
    17220 shares of AMERICAN CENTURY MID CAP VALUE Y 309,968 309,968
    3201 shares of DELAWARE SMALL CAP VALUE R6 261,068 261,068
    4583 shares of T ROWE PRICE GROWTH ST 487,324 487,324
    7111 shares of BAILLIE GIFFORD EMERGING MKTS EQS I 173,728 173,728
    8380 shares of FRANKLIN SMALL CAP VALUE FD CL R6 222,405 222,405

    TY 2021 InvestmentsOtherSchedule2
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GOLDMAN SACHS FINANCIAL SQUARE FMV 529,055 529,055
    AUSTIN TX ELECTRIC UTILITY FMV 51,124 51,124
    CHAMPAIGN CNTY IL SCH FMV 50,170 50,170
    FRANKLIN STRATEGIC INCOME ADV FKSAX FMV 786,740 786,740
    VANGUARD FIXED INCOME GNMA ADM CL VFIJX FMV 63,738 63,738
    JACKSON COUNTY MO SCH DIST FMV 97,460 97,460
    FAIRFIELD OH CITY SCH DIST FMV 109,504 109,504
    GUGGENHEIM FDS TR TTL RET GIBIX FMV 418,308 418,308
    CHIPPEWA VALLEY MI FMV 48,547 48,547
    AMG BEUTEL GOODMAN CORE PLUS BOND I ADLIX FMV 822,381 822,381
    TRUST FOR PROFESSIONAL PERFOMN TR INST FMV 834,133 834,133

    TY 2021 OtherIncreasesSchedule
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Description Amount
    Unrealized gain 47,525


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 16,035 16,035    


    TY 2021 TaxesSchedule
    Name:
    Dupaco RW Hoefer Foundation
    EIN:
    45-4145438
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax paid on net investment income 6,730