Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 11-01-2020 , and ending 10-31-2021
Name of foundation
ZURN FOUNDATION INC (FKA REXNORD FOUNDATION INC)
 
% Patricia Whaley
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2022
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532012022
A Employer identification number

39-6042029
B Telephone number (see instructions)

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$3,711,516J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 9 9 0
4 Dividends and interest from securities... 47,782 47,782 0
5a Gross rents............ 0 0 0
b Net rental income or (loss) 0
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 274,795
b Gross sales price for all assets on line 6a 840,688
7 Capital gain net income (from Part IV, line 2)... 274,795
8 Net short-term capital gain.........  
9 Income modifications........... 0
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0 0
11 Other income (attach schedule)....... 0 0 0
12 Total. Add lines 1 through 11........ 322,586 322,586 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 0 0 0 0
15 Pension plans, employee benefits....... 0 0 0 0
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... 0 0 0 0
c Other professional fees (attach schedule).... 0 0 0 0
17 Interest............... 0 0 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,000 0 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy.............. 0 0 0 0
21 Travel, conferences, and meetings....... 0 0 0 0
22 Printing and publications.......... 0 0 0 0
23 Other expenses (attach schedule)....... Click to see list of attachments 3,335 3,335 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,335 3,335 0 0
25 Contributions, gifts, grants paid....... 659,720 659,720
26 Total expenses and disbursements. Add lines 24 and 25 667,055 3,335 0 659,720
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -344,469
b Net investment income (if negative, enter -0-) 319,251
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 266,121 112,941 112,941
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)..... 0 0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet   0 0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   0  
b Investments—corporate stock (attach schedule).......   0  
c Investments—corporate bonds (attach schedule).......   0  
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,329,190 Click to see attachment3,598,575 3,598,575
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,595,311 3,711,516 3,711,516
Liabilities 17 Accounts payable and accrued expenses.......... 0 0
18 Grants payable................. 929,000 664,000
19 Deferred revenue................. 0 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 929,000 664,000
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........... 2,666,311 3,047,516
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)..... 2,666,311 3,047,516
30 Total liabilities and net assets/fund balances (see instructions). 3,595,311 3,711,516
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
2,666,311
2
Enter amount from Part I, line 27a .....................
2
-344,469
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
725,674
4
Add lines 1, 2, and 3 ..........................
4
3,047,516
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
3,047,516
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities - Capital Gain      
b Publicly Traded Securities - Dispositions      
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 102,863     102,863
b 737,825   565,893 171,932
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       102,863
b       171,932
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 2 274,795
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 4,438
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 4,438
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,438
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,534
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.............. Part VI Line 7 - Tax Paid with the Original Return: 0 7 8,534
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,096
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet4,096 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletFoundation Manager Telephone no.bullet (414) 808-0100

    Located atbulletPO BOX 2022MILWAUKEEWI ZIP+4bullet532012022
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet2016, 2017, 2018, 2019
    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.) Click to see attachment..............
    2b
    Yes
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Todd AdamsClick to see attachment Officer
    1.00     		0 0 0
    W332 N6125 County Road C
    Nashotah,WI53958
    Patricia WhaleyClick to see attachment Officer
    1.00     		0 0 0
    722 East Lake View Avenue
    Whitefish Bay,WI53217
    Mark PetersonClick to see attachment Officer
    1.00     		0 0 0
    W53 N866 Castle Court
    Cedarburg,WI53012
    Charles RoyClick to see attachment Director
    1.00     		0 0 0
    14245 Heatherwood Court
    Elm Grove,WI53122
    Angela HersilClick to see attachment Director
    1.00     		0 0 0
    18960 Chapel Hill Drive
    Brookfield,WI53045
    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  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,644,482
    b
    Average of monthly cash balances.......................
    1b
    117,951
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,762,433
    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
    3,762,433
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    56,436
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,705,997
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    185,300
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    185,300
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,438
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    0
    c
    Add lines 2a and 2b............................
    2c
    4,438
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    180,862
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    180,862
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    180,862
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    659,720
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    659,720
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    659,720
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 180,862
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 430,023
    b From 2016...... 349,804
    c From 2017...... 337,823
    d From 2018...... 352,031
    e From 2019...... 467,901
    fTotal of lines 3a through e........ 1,937,582
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 659,720
    a Applied to 2019, 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 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 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 1,937,582
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		180,862
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		430,023
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,507,559
    10 Analysis of line 9:
    a Excess from 2016.... 349,804
    b Excess from 2017.... 337,823
    c Excess from 2018.... 352,031
    d Excess from 2019.... 467,901
    e Excess from 2020.... 478,858
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Rexnord Foundation
    511 Freshwater Way
    Milwaukee,WI53204
    (414) 808-0100
    bThe form in which applications should be submitted and information and materials they should include:
    Application Form and Essay Score Report for ACT and or SA and official high school transcripts.
    cAny submission deadlines:
    02 26 2021
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Child and or stepchild of an active non-highly compensate Rexnord associate. Applicants must have a GPA of 3.3 or above and be a high school senior or graduate in 2021 and enrolled in a four year college or university no later than January 2022.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Agma Foundation
    1001 N Fairfax St
    Alexandria,VA22314     		No Relationship PC For International 260
    Alverno College
    3401 S 39th Street
    PO Box 343922
    Milwaukee,WI53234     		No Relationship PC For Education 180
    American Cancer Society Inc
    250 Williams Street
    NW STE 6000
    Atlanta,GA30303     		No Relationship PC For Human Services 310
    American Heart Association Inc
    7272 Greenville Avenue
    Dallas,TX75231     		No Relationship PC For Disease 100
    American Lung Association
    55 W Wacker Drive
    Suite 1150
    Chicago,IL60601     		No Relationship PC For Disease 200
    American Red Cross Wisconsin Region
    101 Station Landing
    Suite 510
    Medford,MA02155     		No Relationship PC For Human Services 100
    Asbury Woods Partnership
    4015 Asbury Road
    Erie,PA16506     		No Relationship PC For Environment 100
    Bay View Community Center of Mil
    1320 E Oklahoma Ave
    Milwaukee,WI53207     		No Relationship PC For Human Services 100
    Benedictine University
    5700 College Road
    Lisle,IL60532     		No Relationship PC For Education 150
    Bethesda Lutheran Communities
    600 Hoffman Drive
    Watertown,WI53094     		No Relationship PC For Human Services 1,000
    Big Brothers and Big Sisters of Mil
    788 N Jefferson St
    Suite 600
    Milwaukee,WI53202     		No Relationship PC For Youth 2,100
    Black Arts MKE Inc
    929 N Water St
    4th Floor
    Milwaukee,WI53202     		No Relationship PC For Arts Humanities 500
    Camp Kesem - UW Chapter
    10586 W Pico Blvd 196
    Los Angeles,CA90064     		No Relationship PC For Human Services 100
    Canticle Court Inc
    3201 S Lake Drive
    Saint Francis,WI53235     		No Relationship PC For Housing 400
    Carenet
    44180 Riverside Pkwy
    Lansdowne,VA20176     		No Relationship PC For Civil Rights 500
    Childfund International USA
    PO Box 26484
    Suite 200
    Richmond,VA23261     		No Relationship PC For Human Services 231
    Children's Hospital of Wisconsin
    PO Box 1997
    MS 3050
    Milwaukee,WI53201     		No Relationship PC For Health 150
    City Mission of the Evangelical Ch
    PO Box 407
    Erie,PA16512     		No Relationship PC For Human Services 50
    Community Projects Committee Inc
    3073 S Chase Avenue
    Suite 210
    Milwaukee,WI53207     		No Relationship PC For Agriculture 100
    Cove School Inc
    350 Lee Road
    Northbrook,IL60062     		No Relationship PC For Education 1,000
    Curepsp
    1216 Broadway
    2nd Floor
    New York,NY10001     		No Relationship PC For Disease 50
    Diocesan Council for the Society
    420 W Watkins Road
    PO Box 13600
    Phoenix,AZ85003     		No Relationship PC For Human Services 100
    Direct Relief
    6100 Wallace Becknell Road
    Santa Barbara,CA93117     		No Relationship PC For Safety 75
    Edinboro University Foundation
    210 Meadville Street
    Edinboro,PA16412     		No Relationship PC For Education 400
    Eisenhower Center Inc
    4425 W Woolworth Ave
    Milwaukee,WI53218     		No Relationship PC For Employment 800
    Elmbrook Education Foundation Inc
    PO Box 1710
    Broofield,WI53008     		No Relationship PC For Education 750
    Elmbrook Humane Society Inc
    20950 Enterprise Ave
    Broofield,WI53045     		No Relationship PC For Animals 50
    Emmas Footprints
    412 W 8th Street
    Erie,PA16502     		No Relationship PC For Human Services 50
    Equal Justice Initiative
    122 Commerce St
    Montgomery,AL36104     		No Relationship PC For Civil Rights 900
    Erie Catholic School System Inc
    429 E Grandview Blvd
    Erie,PA16504     		No Relationship PC For Education 213
    Erie Zoological Society
    PO Box 3268
    Erie,PA16508     		No Relationship PC For Animals 100
    Families of SMA
    925 Busse Road
    Elk Grove Village,IL60007     		No Relationship PC For Disease 100
    Feeding America
    Donation Processing Center
    PO Box 96749
    Washington,DC20090     		No Relationship PC For Agriculture 100
    Feeding America Eastern WI
    1700 W Fond du Lac Ave
    Milwaukee,WI53205     		No Relationship PC For Agriculture 150
    First Stage Milwaukee PAC
    325 W Walnut St
    Milwaukee,WI53212     		No Relationship PC For Arts Humanities 600
    Food Bank Coalition of San Luis
    1180 Kendall Road
    San Luis Obispo,CA93401     		No Relationship PC For Human Services 1,000
    Food For The Poor Inc
    6401 Lyons Road
    Coconut Creek,FL33073     		No Relationship PC For Philanthropy 400
    Forest Home Historic Preservation
    2405 W Forest Home Ave
    Milwaukee,WI53215     		No Relationship PC For Environment 100
    Friends of MADACC
    3839 W Burnham St
    Milwaukee,WI53215     		No Relationship PC For Animals 50
    Friends of Schlitz-Audubon Center
    1111 E Brown Deer Rd
    Milwaukee,WI53217     		No Relationship PC For Environment 250
    Friends Of The Hank Aaron State Tra
    PO Box 35
    Milwaukee,WI53201     		No Relationship PC For Leisure 50
    Full Shelf Food Pantry Inc
    231 Municipal Drive
    West Bend,WI53095     		No Relationship PC For Agriculture 500
    Georgetown University
    27th and O Sts NW
    Washington,DC20007     		No Relationship PC For Education 100
    Guest House Of Milwaukee Inc
    1216 N 13th St
    Milwaukee,WI53205     		No Relationship PC For Housing 5,000
    Habitat for Humanity International
    322 W Lamar St
    Americus,GA31709     		No Relationship PC For Housing 50
    HCS Family Services
    19 E Chicago St
    2nd Floor
    Hinsdale,IL60521     		No Relationship PC For Human Services 105
    Hope On Horeseback
    8342 Platz Road
    Fairview,PA16415     		No Relationship PC For Leisure 50
    Hunger Task Force Inc
    201 S Hawley Ct
    Milwaukee,WI53214     		No Relationship PC For Human Services 1,664
    Illinois Institute Of Technology
    3424 S State St
    Floor 4
    Chicago,IL60616     		No Relationship PC For Education 280
    International Rescue Committee
    122 E 42nd St
    New York,NY10168     		No Relationship PC For International 300
    Islamic Relief USA
    3655 Wheeler Ave
    Alexandria,VA22304     		No Relationship PC For Public 125
    JDRF International
    200 Vesey Street
    28th Floor
    New York,NY10281     		No Relationship PC For Disease 500
    Kenosha Achievement Center
    1218 79th St
    Kenosha,WI53143     		No Relationship PC For Human Services 500
    Leukemia and Lymphoma Society Inc
    3 International Drive
    Suite 200
    Rye Brook,NY10573     		No Relationship PC For Medical Research 2,100
    Light of Life Ministries Inc
    10 E North Ave
    PO Box 6270
    Pittsburgh,PA15212     		No Relationship PC For Human Services 2,000
    Literacy Services Of Wisconsin
    555 N Plankinton Ave
    Milwaukee,WI53203     		No Relationship PC For Education 150
    Marquette University
    PO Box 1881
    Milwaukee,WI53201     		No Relationship PC For Education 500
    Marquette University High School
    3401 W Wisconsin Ave
    Milwaukee,WI53208     		No Relationship PC For Education 50
    Mattie N Dixon Comm Cupboard Inc
    150 N Main St
    Ambler,PA19002     		No Relationship PC For Human Services 100
    Michigan Tech Fund
    1400 Townsend Dr
    Houghton,MI49931     		No Relationship PC For Education 250
    Midwest Athletes Against Childhood
    10000 W Innovation Dr
    Suite 135
    Milwaukee,WI53226     		No Relationship PC For Disease 50
    Milestone Programs For Children Inc
    2214 E Capitol Dr
    Milwaukee,WI53211     		No Relationship PC For Human Services 400
    Milwaukee Art Museum
    626 E Wisconsin Ave
    Floor 16
    Milwaukee,WI53202     		No Relationship PC For Arts Humanities 100
    Milwaukee Public Museum
    800 W Wells St
    Milwaukee,WI53233     		No Relationship PC For Arts Humanities 1,500
    Milwaukee Public Television
    700 W State St
    Milwaukee,WI53233     		No Relationship PC For Education 150
    Milwaukee Rescue Mission
    830 N 19th St
    Milwaukee,WI53233     		No Relationship PC For Housing 6,113
    Milwaukee Rowing Club
    400 E Wisconsin Ave
    Milwaukee,WI53202     		No Relationship PC For Leisure 50
    Milwaukee School Of Engineering
    1025 N Broadway
    Milwaukee,WI53202     		No Relationship PC For Education 2,560
    Moraine Park Foundation Inc
    235 N National Ave
    Fond Du Lac,WI54935     		No Relationship PC For Education 250
    Museum Of Wisconsin Art
    205 Veterans Ave
    West Bend,WI53095     		No Relationship PC For Arts Humanities 100
    National Immigration Law Center
    3450 Wilshire Blvd
    PO Box 108-62
    Los Angeles,CA90010     		No Relationship PC For Civil Rights 500
    National Wildlife Federation
    11100 Wildlife Center Dr
    Reston,VA20190     		No Relationship PC For Animals 50
    Nativity Jesuit Academy
    1515 S 29th St
    Milwaukee,WI53215     		No Relationship PC For Education 250
    New Blossoms New Life Foundation
    PO Box 296
    Girard,PA16417     		No Relationship PC For Human Services 100
    Next Door Foundation
    2545 N 29th Street
    Milwaukee,WI53210     		No Relationship PC For Human Services 600
    Northwester University
    1201 Davis Street
    Evanston,IL60208     		No Relationship PC For Education 250
    Omega House Inc
    2211 Maureen Ln
    Houghton,MI49931     		No Relationship PC For Health 100
    Omprakash Inc
    2311 N 45th Street
    Seattle,WA98103     		No Relationship PC For Philanthropy 5,000
    Open Arms Pregnancy Clinic
    9535 Reseda Boulevard
    Northridge,CA91324     		No Relationship PC For Health 500
    Paws Chicago
    1997 N Clybourn Avenue
    Chicago,IL60614     		No Relationship PC For Animals 65
    Pennsylvania State University
    2583 Gateway Drive
    Suite 130
    State College,PA16801     		No Relationship PC For Education 50
    Prairie School Inc
    4050 Lighthouse Drive
    Racine,WI53402     		No Relationship PC For Education 250
    Public Broadcasting of Northwest
    8425 Peach St
    Erie,PA16509     		No Relationship PC For Arts Humanities 100
    Rawhide Inc
    E7475 Rawhide Rd
    New London,WI54961     		No Relationship PC For Human Services 2,000
    Repairers Of The Breach Inc
    PO Box 05648
    Milwaukee,WI53205     		No Relationship PC For Human Services 50
    River Food Pantry
    2201 Darwin Rd
    Madison,WI53704     		No Relationship PC For Agriculture 75
    Riverwest Food Pantry
    2610 N Martin Luther King Dr
    Milwaukee,WI53212     		No Relationship PC For Agriculture 2,050
    Robert A Toigo Foundation
    180 Grand Ave
    Suite 450
    Oakland,CA94612     		No Relationship PC For Education 1,500
    Rockland Negro Scholarship Fund Inc
    PO Box 143
    Nanuet,NY10954     		No Relationship PC For Education 100
    Ronald McDonald House Charities
    451 44th St
    Penthouse Floor
    Pittsburgh,PA15201     		No Relationship PC For Human Services 175
    Second Families
    PO Box 5391
    Glendale,CA91221     		No Relationship PC For Human Services 50
    Second Harvest Food Bank
    1507 Grimm Drive
    Erie,PA16501     		No Relationship PC For Agriculture 175
    Seed Savers Exchange Inc
    3094 North Winn Road
    Decorah,IA52101     		No Relationship PC For Environment 50
    Sharon Lynne Wilson Center For The
    3270 Mitchell Park Drive
    Brookfield,WI53045     		No Relationship PC For Arts Humanities 100
    Shorewood Supports Of Excellence
    PO Box 71235
    Milwaukee,WI53211     		No Relationship PC For Education 150
    Shriners Hospitals For Children
    2900 N Rocky Point Drive
    Tampa,FL33607     		No Relationship PC For Health 600
    Shriners Hospitals For Children Eri
    1645 West 8th Street
    Erie,PA19140     		No Relationship PC For Health 300
    Sixteenth Street Community Health
    1337 S Cesar E Chavez Drive
    Milwaukee,WI53204     		No Relationship PC For Health 350
    Skylight Music Theatre Corp
    158 North Broadway
    Milwaukee,WI53202     		No Relationship PC For Arts Humanities 2,000
    Sojourner Family Peace Center
    PO Box 080319
    Milwaukee,WI53208     		No Relationship PC For Human Services 2,100
    Sojourner Foundation Inc
    619 W Walnut St
    Milwaukee,WI53212     		No Relationship PC For Philanthropy 550
    St Jude Childrens Research Hospital
    501 St Jude Place
    Memphis,TN38102     		No Relationship PC For Health 100
    St Marys Congregation
    7307 40th Ave
    Kenosha,WI53142     		No Relationship PC For Religion 100
    St Rose Of Lima Catholic School
    520 Nat Washington Way
    Ephrata,WA98823     		No Relationship PC For Education 500
    St Joseph Catholic Academy
    2401 69th Street
    Kenosha,WI53143     		No Relationship PC For Education 100
    Susan G Komen Breast Cancer Found
    2025 W Oklahoma Avenue
    Suite 116
    Milwaukee,WI53215     		No Relationship PC For Medical Research 300
    The Board of Trustees of the Leland
    Stanford University Development Ser
    326 Galvez Street
    Stanford,CA94305     		No Relationship PC For Education 100
    The Cleveland Clinic Foundation
    9500 Euclid Ave DV
    Cleveland,OH44195     		No Relationship PC For Health 200
    The Flagship Niagara League
    150 East Front Street
    Erie,PA16507     		No Relationship PC For Ars Humanities 100
    The Salvation Army
    1424 Northeast Expressway
    Atlanta,GA30329     		No Relationship PC For Human Services 208
    The Tau Beta Pi Association Inc
    PO Box 2697
    508 Dougherty Engineering Bldg 151
    Knoxville,TN37901     		No Relationship PC For Education 98
    The Womens Center Inc
    505 N East Ave
    Waukesha,WI53186     		No Relationship PC For Human Services 100
    Together We Rise Corporation
    580 W Lambert Rd
    Brea,CA92821     		No Relationship PC For Youth 200
    Toy Bank Of Greater Paso Robles Inc
    PO Box 2801
    Paso Robles,CA93447     		No Relationship PC For Human Services 350
    Triangle Education Foundation
    120 S Center Street
    Plainfield,IN46168     		No Relationship PC For Education 5,000
    True Skool Inc
    161 W Wisconsin Ave
    Suite 1000
    Milwaukee,WI53203     		No Relationship PC For Arts Humanities 250
    United Community Center Inc
    1028 S 9th Street
    Milwaukee,WI53204     		No Relationship PC For Education 7,173
    United Performing Arts Fund Inc
    301 W Wisconsin Ave
    Suite 600
    Milwaukee,WI53203     		No Relationship PC For Arts Humanities 1,000
    United States Fund For UNICEF
    125 Maiden Lane
    New York,NY10038     		No Relationship PC For International 350
    United Way of Greater Milwaukee
    225 West Vine St
    Milwaukee,WI53212     		No Relationship PC For Philanthropy 60
    United Way Worldwide
    701 N Fairfax St
    Alexandria,VA22314     		No Relationship PC For Public 2,150
    University of Pittsburgh
    128 N Craig St
    Pittsburgh,PA15260     		No Relationship PC For Education 100
    UWM Foundation Inc
    1440 E North St
    Milwaukee,WI53202     		No Relationship PC For Education 120
    UW-Platteville Foundation Inc
    Ullsvik Hall 1 University Plaza
    Platteville,WI53818     		No Relationship PC For Education 400
    UW-Whitewater Foundation Inc
    Alumni Center 800 W Main St
    Whitewater,WI53190     		No Relationship EOF For Education 50
    Vision Forward Association Incorpor
    912 N Hawley Rd
    Milwaukee,WI53207     		No Relationship PC For Human Services 500
    Washington County Humane Society
    3650 State Road 60
    Slinger,WI53086     		No Relationship PC For Animals 1,000
    West Ridge Fire Department
    3608 W 26th St
    Erie,PA16505     		No Relationship PC For Safety 220
    Williams Syndrome Association Inc
    560 Kirts Blvd
    Suite 116
    Troy,PA48084     		No Relationship PC For Human Services 200
    Wisconsibibs Inc
    211 E Franklin St
    Appleton,WI54911     		No Relationship PC For Human Services 100
    Wisconsin Chapter
    3 International Drive
    Suite 200
    Rye Brook,NY10573     		No Relationship PC For Disease 970
    Wisconsin Conservatory Of Music Inc
    1584 N Prospect Ave
    Milwaukee,WI53202     		No Relationship PC For Arts Humanities 250
    Womens Empowerment
    1590 North A Street
    Sacramento,CA95811     		No Relationship PC For Employment 100
    Zakat Foundation of America
    PO Box 639
    Worth,IL60482     		No Relationship PC For Philanthropy 500
    All-In Milwaukee
    135 W Wells Street
    Milwaukee,WI53203     		No Relationship PC Grant 50,000
    Big Brothers Big Sisters of Milwauk
    788 N Jefferson St
    Suite 600
    Milwaukee,WI53202     		No Relationship PC Grant 5,000
    Boys and Girls Club of Greater MKE
    1558 N 6th Street
    Milwaukee,WI53212     		No Relationship PC Grant 15,000
    Children's Hospital of WI Foundatio
    8915 W Connell Court
    Milwaukee,WI53226     		No Relationship PC Grant 200,000
    Hunger Task Force
    201 S Hawley Court
    Milwaukee,WI53214     		No Relationship PC Grant 15,065
    Milwaukee Public Museum
    800 W Wells St
    Milwaukee,WI53233     		No Relationship PC Grant 10,000
    Milwaukee School of Engineering
    1025 N Broadway
    Milwaukee,WI53202     		No Relationship PC Grant 27,000
    MKE Fellows
    1527 N Astor St
    Suite A
    Milwaukee,WI53202     		No Relationship PC Grant 10,000
    Next Door Foundation
    5310 W Capitol Drive
    Milwaukee,WI53216     		No Relationship PC Grant 7,000
    Sojourner Family Peace Center
    619 W Walnut St
    Milwaukee,WI53212     		No Relationship PC Grant 15,000
    United Community Center
    1028 S 9th Street
    Milwaukee,WI53204     		No Relationship PC Grant 10,000
    United Way of Greater Milwaukee
    225 W Vine Street
    Milwaukee,WI53212     		No Relationship PC Grant 146,000
    Urban Ecology Center
    1859 N 40th Street
    Milwaukee,WI53208     		No Relationship PC Grant 10,000
    Zoological Society of Milwaukee
    10005 W Bluemound Rd
    Milwaukee,WI53226     		No Relationship PC Grant 5,000
    UW - Whitewater
    800 W Main Street
    Whitewater,WI53190     		No Relationship PC Scholarship 2,000
    Purdue University
    610 Purdue University
    LaFayette,IN47907     		No Relationship PC Scholarship 2,000
    UW - Milwaukee
    2200 E Kenwood Blvd
    Milwaukee,WI53211     		No Relationship PC Scholarship 12,000
    UW - Stout
    712 Broadway St S
    Menomonie,WI54751     		No Relationship PC Scholarship 2,000
    Wheaton College
    501 College Ave
    Wheaton,IL60187     		No Relationship PC Scholarship 2,000
    UW - Madison
    500 Lincoln Dr
    Madison,WI53706     		No Relationship PC Scholarship 8,000
    Western Michigan University
    1903 W Michigan Ave
    Kalamazoo,MI49008     		No Relationship PC Scholarship 2,000
    Texas AM University
    400 Bizzell St
    College Station,TX77843     		No Relationship PC Scholarship 6,000
    Saint Xavier University
    3700 W 103rd St
    Chicago,IL60655     		No Relationship PC Scholarship 2,000
    Bridgewater College
    402 E College St
    Bridgewater,VA22812     		No Relationship PC Scholarship 2,000
    University of Buffalo
    12 Capen Hill
    Buffalo,NY14260     		No Relationship PC Scholarship 2,000
    Palm Beach Atlantic University
    901 S Flagler Dr
    West Palm Beach,FL33401     		No Relationship PC Scholarship 4,000
    UW - Stevens Point
    2108 Fourth Avenue
    Stevens Point,WI54481     		No Relationship PC Scholarship 2,000
    Carthage College
    2001 Alford Park Drive
    Kenosha,WI53140     		No Relationship PC Scholarship 2,000
    University of Nebraska - Lincoln
    PO Box 880411
    Lincoln,NE68588     		No Relationship PC Scholarship 2,000
    Total .................................bullet 3a 659,720
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a     0   0 0
    b     0   0 0
    c     0   0 0
    d     0   0 0
    e     0   0 0
    f     0   0 0
        0   0 0
    gFees and contracts from government agencies          
    2 Membership dues and assessments....   0   0 0
    3 Interest on savings and temporary cash
    investments ...........     		  0 14 9 0
    4 Dividends and interest from securities....   0 14 47,782 0
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......   0   0 0
    bNot debt-financed property.....   0   0 0
    6 Net rental income or (loss) from personal property   0   0 0
    7 Other investment income.....   0   0 0
    8 Gain or (loss) from sales of assets other than
    inventory ............     		  0 18 274,795 0
    9 Net income or (loss) from special events:   0   0 0
    10 Gross profit or (loss) from sales of inventory   0   0 0
    11 Other revenue:
    a       		  0   0 0
    b     0   0 0
    c     0   0 0
    d     0   0 0
    e     0   0 0
    12 Subtotal. Add columns (b), (d), and (e).. 0 322,586 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    322,586
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID: 20012075
    Software Version: V1.0
    Part VI Line 7 - Tax Paid with the Original Return: 0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ZURN FOUNDATION INC (FKA REXNORD FOUNDATION INC)
    EIN:
    39-6042029
    Software ID:
    20012075
    Software Version:
    V1.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Vanguard 500 Index   371,039 371,039
    Federated Total Return Bond   350,394 350,394
    Dodge & Cox Income Fund   348,018 348,018
    Wells Fargo Adv Core Bond   347,741 347,741
    Metropolitan West Total Return Bond   347,993 347,993
    Northern Mid Cap Index   184,922 184,922
    Europacific Growth   144,357 144,357
    T Rowe Price Equity Income   122,605 122,605
    MFS Value   122,341 122,341
    Lazard International Equity   143,870 143,870
    Causeway International   143,151 143,151
    T Rowe Price Institutional Large Cap   123,664 123,664
    Voya Large Cap Growth   121,304 121,304
    Dodge & Cox Stock   121,278 121,278
    JP Morgan Small Cap Equity   185,602 185,602
    Wells Fargo Adv Growth   128,610 128,610
    Oppenheimer Developing Markets   51,603 51,603
    Acadian Emerging Markets   51,623 51,623
    Goldman Sachs Small Cap Value   94,687 94,687
    Invesco Small Cap Growth   93,773 93,773

    TY 2020 OtherDecreasesSchedule
    Name:
    ZURN FOUNDATION INC (FKA REXNORD FOUNDATION INC)
    EIN:
    39-6042029
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Amount
    None 0


    TY 2020 OtherExpensesSchedule
    Name:
    ZURN FOUNDATION INC (FKA REXNORD FOUNDATION INC)
    EIN:
    39-6042029
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Administrative Fees 3,335 3,335 0 0


    TY 2020 OtherIncreasesSchedule
    Name:
    ZURN FOUNDATION INC (FKA REXNORD FOUNDATION INC)
    EIN:
    39-6042029
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Amount
    Change in Deferred Appropriations 265,000
    Unrealized Gain/Loss in Investments 458,846
    Other 1,828


    TY 2020 TaxesSchedule
    Name:
    ZURN FOUNDATION INC (FKA REXNORD FOUNDATION INC)
    EIN:
    39-6042029
    Software ID:
    20012075
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Tax Deposit 4,000 0 0 0