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
DUANE AND KATHLEEN FOULKES
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 337
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BEAVER DAM, WI539160337
A Employer identification number

20-5592397
B Telephone number (see instructions)

(920) 356-1300
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$10,777,885J 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) 444,880
2 Check bullet.............
3 Interest on savings and temporary cash investments 9 9  
4 Dividends and interest from securities... 152,564 149,515  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 462,476
b Gross sales price for all assets on line 6a 783,548
7 Capital gain net income (from Part IV, line 2)... 462,476
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........ 1,059,929 612,000  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,800 1,900   1,900
c Other professional fees (attach schedule).... Click to see attachment 64,999 64,999   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,080 2,080   0
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.......... 79,879 68,979   1,900
25 Contributions, gifts, grants paid....... 207,552 207,552
26 Total expenses and disbursements. Add lines 24 and 25 287,431 68,979   209,452
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 772,498
b Net investment income (if negative, enter -0-) 543,021
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............. 25,183 44,398 44,398
2 Savings and temporary cash investments......... 101,960 78,438 78,438
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)....... 7,896,680 Click to see attachment9,782,171 9,782,171
c Investments—corporate bonds (attach schedule)....... 866,350 Click to see attachment872,878 872,878
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis 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) 8,890,173 10,777,885 10,777,885
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 8,890,173 10,777,885
29 Total net assets or fund balances (see instructions)..... 8,890,173 10,777,885
30 Total liabilities and net assets/fund balances (see instructions). 8,890,173 10,777,885
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
8,890,173
2
Enter amount from Part I, line 27a .....................
2
772,498
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,115,214
4
Add lines 1, 2, and 3 ..........................
4
10,777,885
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
10,777,885
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 PUBLICLY TRADED SECURITIES-LT      
b PUBLICLY TRADED SECURITIES-ST      
c CAPITAL GAINS DIVIDENDS P    
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 368,717   194,990 173,727
b 131,530   126,082 5,448
c 283,301     283,301
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       173,727
b       5,448
c       283,301
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 2 462,476
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 7,548
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,548
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 6,107
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 14,107
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 6,559
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet6,559 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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)
    bulletWI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDUANE KATHLEEN FOULKES Telephone no.bullet (920) 356-1300

    Located atbulletPO BOX 337BEAVER DAMWI ZIP+4bullet539160337
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    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
     
     
    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)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    DUANE E FOULKES DIRECTOR
    0.10     		0 0 0
    PO BOX 337
    BEAVER DAM,WI539160337
    KATHLEEN M FOULKES DIRECTOR
    0.10     		0 0 0
    PO BOX 337
    BEAVER DAM,WI539160337
    KRISTINE M ECKLES DIRECTOR
    0.10     		0 0 0
    PO BOX 337
    BEAVER DAM,WI539160337
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    WEALTHSPIRE ADVISORS INVESTMENT MANAGEMENT 64,999
    521 FIFTH AVE 15TH FLOOR
    NEW YORK,NY10175
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    9,636,942
    b
    Average of monthly cash balances.......................
    1b
    114,055
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,750,997
    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
    9,750,997
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    146,265
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    9,604,732
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    480,237
    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
    480,237
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    7,548
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,548
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    472,689
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    472,689
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    472,689
    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 7 472,689
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 196,906
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 209,452
    a Applied to 2020, but not more than line 2a 196,906
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 12,546
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		460,143
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    DUANE E FOULKES
    KATHLEEN M FOULKES
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    ARC-WISCONSIN DISABILITY ASSOCIATION (ARC OF DODGE COUNTY)
    PO BOX 173
    BEAVER DAM,WI53916     		  PC SOCIAL SERVICES SUPPORT 500
    BEAVER DAM AREA COMMUNITY THEATRE INC
    PO BOX 216
    BEAVER DAM,WI53916     		  PC ARTS SUPPORT 1,000
    BEAVER DAM AREA COMMUNITY THEATRE INC (NON-CASH 275 SHARES PM)
    PO BOX 216
    BEAVER DAM,WI53916     		  PC ARTS SUPPORT 25,594
    BEAVER DAM COMMUNITY HOSPITALS FOUNDATION INC
    707 S UNIVERSITY AVENUE
    BEAVER DAM,WI53916     		  PC HEALTHCARE SUPPORT 1,000
    BEAVER DAM ELKS LODGE #1540 (ELKS NATIONAL FOUNDATION)
    126 S SPRING STREET
    BEAVER DAM,WI53916     		  PC COMMUNITY SUPPORT 500
    BEAVER DAM FLATTAIL INC
    500 GOULD STREET
    BEAVER DAM,WI53916     		  PC YOUTH DEVELOPMENT - FOOTBALL 150
    BEAVER DAM LAKE IMPROVEMENT ASSOCIATION INC
    PO BOX 33
    BEAVER DAM,WI53916     		  PC COMMUNITY SUPPORT 500
    BEAVER DAM SCHOLARSHIP FDN INC (SCHOLARSHIP AMERICA)
    PO BOX 98
    BEAVER DAM,WI53916     		  PC EDUCATIONAL SUPPORT 3,285
    BEAVER DAM YOUTH SPORTS ACTIVITIES INC
    PO BOX 866
    BEAVER DAM,WI53916     		  PC ATHLETIC SUPPORT - BD GIRL'S 3 PT. CLUB 5,000
    BO WILLIAM HARTWIG FOUNDATION (BO'S HEAVENLY CLUBHOUSE)
    121 S CEDAR STREET
    HORICON,WI53032     		  PC HUMAN SERVICES 5,000
    BOULDER VALLEY SCHOOL DISTRICT
    6096 BASELINE ROAD
    BOULDER,CO80303     		  GOV EDUCATIONAL SUPPORT 3,116
    BRIDGES OF DODGE COUNTY INC (MEN'S SOBER HOUSE)
    PO BOX 244
    BEAVER DAM,WI53916     		  PC HUMAN SERVICES 1,000
    CAMP MANITOWISH YMCA INC (NON-CASH 104 SHARES KEYS)
    PO BOX 246
    BOULDER JUNCTION,WI54512     		  PC COMMUNITY SUPPORT 20,953
    CAMP MANITOWISH YMCA INC (NON-CASH 27 SHARES FRC)
    PO BOX 246
    BOULDER JUNCTION,WI54512     		  PC COMMUNITY SUPPORT 5,592
    CAMPANILE CENTER FOR THE ARTS INC
    PO BOX 905
    MINOCQUA,WI53548     		  PC ARTS SUPPORT 1,000
    CHURCH HEALTH SERVICES INC (NON-CASH 26 SHARES KEYS)
    308 ONEIDA STREET
    BEAVER DAM,WI53916     		  PC SOCIAL SERVICES SUPPORT 5,238
    CHURCH HEALTH SERVICES INC (NON-CASH 23 SHARES IEX)
    308 ONEIDA STREET
    BEAVER DAM,WI53916     		  PC SOCIAL SERVICES SUPPORT 5,493
    CLOTHES FOR KIDS INC
    103 E MAPLE AVENUE
    BEAVER DAM,WI53916     		  PC COMMUNITY SUPPORT 5,000
    COLE COLLECTION INC
    8596 NORTHBLUFF LANE
    POWELL,OH43065     		  PC HUMAN SERVICES 500
    COTTAGE GROVE COMMUNITY FOUNDATION
    PO BOX 184
    COTTAGE GROVE,WI53527     		  PC COMMUNITY SUPPORT 5,000
    CROSS COUNTRY CRUISERS INC
    PO BOX 733
    WOODRUFF,WI53548     		  PC TRAIL MAINTENANCE SUPPORT 500
    DODGE COUNTY CENTER FOR THE ARTS (BEAVER DAM AREA ARTS ASSOCIATION)
    PO BOX 442
    BEAVER DAM,WI53916     		  PC ARTS SUPPORT 500
    DODGE COUNTY LAW ENFORCEMENT SHOP WITH COPS
    124 WEST STREET
    JUNEAU,WI53039     		  PC SHOP WITH COPS 500
    DODGE COUNTY TOY BANK INC
    PO BOX 438
    BEAVER DAM,WI53916     		  PC COMMUNITY SUPPORT 2,500
    GREEN VALLEY ENTERPRISES INC OF BEAVER DAM
    1223 MADISON STREET
    BEAVER DAM,WI53916     		  PC COMMUNITY SUPPORT 1,000
    HERITAGE CAMPS FOR ADOPTIVE FAMILIES INC
    2052 ELM STREET
    DENVER,CO80207     		  PC YOUTH DEVELOPMENT 4,050
    HOWARD YOUNG FOUNDATION INC
    PO BOX 470
    WOODRUFF,WI53548     		  PC AUTISM SUPPORT 10,000
    HOWARD YOUNG FOUNDATION INC
    PO BOX 470
    WOODRUFF,WI53548     		  PC AUTISM GOLF 11,000
    KATHY'S HOUSE INC
    600 N 103RD STREET
    WAUWATOSA,WI53226     		  PC CAPITAL CAMPAIGN 1,000
    MAMA'S HOUSE
    PO BOX 1816
    PALM DESERT,CA92261     		  PC COMMUNITY SUPPORT 1,000
    MINOCQUA KAWAGUESAGA LAKES PROTECTION ASSOCIATION INC
    PO BOX 494
    MINOCQUA,WI54548     		  PC ENVIRONMENTAL SUPPORT 1,060
    MINOCQUA VOLUNTEER FIRE DEPARTMENT
    PO BOX 632
    MINOCQUA,WI54548     		  NC COMMUNITY SUPPORT 500
    NORTH LAKELAND DISCOVERY CENTER INC
    PO BOX 237
    MANITOWISH WATERS,WI54545     		  PC EDUCATIONAL SUPPORT 500
    NORTHWOODS WILDLIFE HOSPITAL AND REHABILITATION CENTER INC
    8643 S BLUMENSTEIN ROAD
    MINOCQUA,WI54548     		  PC WILDLIFE REHABILITATION 2,500
    PAVE - PEOPLE AGAINST A VIOLENT ENVIRONMENT INCORPORATION
    PO BOX 561
    BEAVER DAM,WI53916     		  PC COMMUNITY SUPPORT 2,500
    SALVATION ARMY OF DODGE COUNTY
    PO BOX 824
    BEAVER DAM,WI53916     		  PC COMMUNITY SUPPORT 500
    SAVANNA OAKS COMMUNITY CENTER
    PO BOX 152
    FALL RIVER,WI53932     		  PC COMMUNITY/CULTURAL SUPPORT 120
    ST STEPHEN'S LUTHERAN CHURCH - BEAVER DAM
    300 WEST STREET
    BEAVER DAM,WI53916     		  PC RELIGIOUS SUPPORT 300
    ST STEPHEN'S EVANGELICAL LUTHERAN CHURCH - FALL RIVER
    221 N MAIN STREET
    FALL RIVER,WI53932     		  PC RELIGIOUS SUPPORT 5,000
    TRINITY LUTHERAN CHURCH
    8781 BRUNSWICK ROAD
    MINOCQUA,WI54548     		  PC RELIGIOUS SUPPORT 1,000
    UNIVERSITY OF WISCONSIN FOUNDATION
    1848 UNIVERSITY AVENUE
    MADISON,WI53726     		  PC CARBONE CANCER CENTER - PRC 15,000
    UNIVERSITY OF WISCONSIN FOUNDATION
    1848 UNIVERSITY AVENUE
    MADISON,WI53726     		  PC CARBONE CANCER CENTER - "THE FEATURE" 18,000
    UNIVERSITY OF WISCONSIN FOUNDATION
    1848 UNIVERSITY AVENUE
    MADISON,WI53726     		  PC CARBONE CANCER CENTER 2,910
    WELS FOUNDATION INC (NON-CASH 130 SHARES KEYS)
    N16W23377 STONE RIDGE DRIVE
    WAUKESHA,WI53188     		  PC RELIGIOUS SUPPORT 26,191
    WBCA - WISCONSIN BASKETBALL COACHES ASSOCIATION (MACC FUND)
    218 S LINCOLN STREET
    CUBA CITY,WI53807     		  501(C)6 CANCER RESEARCH: WBCA RAISES FUNDS FOR 501C3 MACC FUND (MIDWEST ATHLETES AGAINST CHILDHOOD CANCER, INC.) 500
    WISCONSIN LUTHERAN INSTITUTIONAL MINISTRIES
    2323 N MAYFAIR ROAD SUITE 480
    WAUWATOSA,WI53226     		  PC RELIGIOUS SUPPORT 500
    WORLD ORPHAN FUND INC
    N7130 N LOST LAKE ROAD
    RANDOLPH,WI53956     		  PC SOCIAL SERVICES SUPPORT 500
    YMCA OF DODGE COUNTY INC
    220 CORPORATE DRIVE
    BEAVER DAM,WI53916     		  PC HUMAN SERVICES 2,500
    Total .................................bullet 3a 207,552
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 9  
    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 ............     		    18 462,476  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 615,049 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    615,049
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    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
    DUANE AND KATHLEEN FOULKES
    FOUNDATION INC
    Employer identification number

    20-5592397
    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
    DUANE AND KATHLEEN FOULKES
    FOUNDATION INC         		Employer identification number
    20-5592397
    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
    DUANE E AND KATHLEEN M FOULKES
    PO BOX 337
     
    BEAVER DAM, WI539160337

    		$ 444,880


    (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
    DUANE AND KATHLEEN FOULKES
    FOUNDATION INC         		Employer identification number

    20-5592397
    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
    1
    		 SPY - 525 SHARES $ 244,886 2021-12-16
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 IVW - 2,450 SHARES $ 199,994 2021-12-16
    (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
    DUANE AND KATHLEEN FOULKES
    FOUNDATION INC         		Employer identification number

    20-5592397
    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:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    DUANE AND KATHLEEN FOULKES
     
    FOUNDATION INC
    EIN:
    20-5592397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,800 1,900   1,900

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    DUANE AND KATHLEEN FOULKES
     
    FOUNDATION INC
    EIN:
    20-5592397
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    WBCA - WISCONSIN BASKETBALL COACHES ASSOCIATION
          		218 S LINCOLN STREET
    CUBA CITY,WI53807     		2021-05-17 500 WBCA RAISES FUNDS FOR THE MACC FUND (MIDWEST ATHLETES AGAINST CHILDHOOD CANCER, INC.) 500 NONE   2022-10-24  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    DUANE AND KATHLEEN FOULKES
     
    FOUNDATION INC
    EIN:
    20-5592397
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BSBIX 137,187 137,187
    BAGIX 303,539 303,539
    STRYX 182,244 182,244
    OSTIX 143,509 143,509
    LAOSX 106,399 106,399

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    DUANE AND KATHLEEN FOULKES
     
    FOUNDATION INC
    EIN:
    20-5592397
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ODVIX 378,224 378,224
    JOHIX 364,527 364,527
    CMNIX 50,604 50,604
    CCALX 278,374 278,374
    DHMIX 292,199 292,199
    DODGX 775,864 775,864
    FEUPX 351,326 351,326
    FUNFX 1,026,112 1,026,112
    HLMEX 167,678 167,678
    HMDYX 298,414 298,414
    IGAIX 134,427 134,427
    FNWFX 144,539 144,539
    VTIAX 169,590 169,590
    VFIAX 227,284 227,284
    FWMIX 378,172 378,172
    EMLP 65,345 65,345
    IVW 204,991 204,991
    SPY 572,802 572,802
    SCHD 395,744 395,744
    MO 41,845 41,845
    FIF 72,263 72,263
    PM 45,980 45,980
    NTB 18,369 18,369
    G 40,553 40,553
    A 45,820 45,820
    AL 31,182 31,182
    ALB 29,221 29,221
    BDX 31,435 31,435
    BKI 46,004 46,004
    CBRE 56,642 56,642
    CIT 12,116 12,116
    CRI 21,864 21,864
    EWBC 39,183 39,183
    EME 30,956 30,956
    EEFT 37,300 37,300
    FNF 18,420 18,420
    FRC 29,118 29,118
    J 44,414 44,414
    LH 49,959 49,959
    FWONK 17,328 17,328
    MHK 18,036 18,036
    PVH 22,397 22,397
    ROP 23,117 23,117
    ROST 36,455 36,455
    SEIC 21,634 21,634
    SLM 39,969 39,969
    VIRT 34,654 34,654
    WAB 9,579 9,579
    XLNX 26,504 26,504
    ARE 34,559 34,559
    EQIX 38,909 38,909
    MAA 57,131 57,131
    SBAC 25,675 25,675
    A C N 53,891 53,891
    ABBV 75,824 75,824
    AKAM 63,201 63,201
    GOOGL 130,367 130,367
    AMZN 90,027 90,027
    AMGN 44,994 44,994
    AAPL 187,514 187,514
    AZO 69,181 69,181
    BERY 34,529 34,529
    AVGO 83,176 83,176
    CDW 36,860 36,860
    CERN 49,221 49,221
    CBOE 35,208 35,208
    CSCO 34,030 34,030
    CTXS 29,607 29,607
    CLX 23,016 23,016
    CMCSA 14,596 14,596
    COO 33,515 33,515
    COST 84,019 84,019
    DHR 42,771 42,771
    DIS 21,685 21,685
    DBX 34,479 34,479
    ECL 19,002 19,002
    EXPD 36,258 36,258
    FB 60,543 60,543
    FAST 23,702 23,702
    FFIV 62,401 62,401
    HD 55,611 55,611
    ITW 32,084 32,084
    JNJ 22,239 22,239
    KDP 34,906 34,906
    KEYS 28,705 28,705
    LH 33,935 33,935
    LDOS 34,760 34,760
    MMC 53,884 53,884
    MA 25,152 25,152
    MKC 22,317 22,317
    MCD 24,126 24,126
    MSFT 157,398 157,398
    NKE 33,334 33,334
    ORCL 45,088 45,088
    RSG 19,523 19,523
    SNPS 33,165 33,165
    TJX 32,646 32,646
    TGT 26,384 26,384
    TSCO 40,801 40,801
    UNP 25,193 25,193
    UNH 50,214 50,214
    VZ 31,696 31,696
    VRSK 20,586 20,586

    TY 2021 OtherIncreasesSchedule
    Name:
    DUANE AND KATHLEEN FOULKES
     
    FOUNDATION INC
    EIN:
    20-5592397
    Description Amount
    CHANGE IN UNREALIZED APPRECIATION 1,115,082
    TIMING DIFFERENCES ON RECEIPT OF INCOME 132


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    DUANE AND KATHLEEN FOULKES
     
    FOUNDATION INC
    EIN:
    20-5592397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 64,999 64,999   0


    TY 2021 TaxesSchedule
    Name:
    DUANE AND KATHLEEN FOULKES
     
    FOUNDATION INC
    EIN:
    20-5592397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,080 2,080   0
    DEPARTMENT OF TREASURY - 2020 EXTENSION PAYMENT 9,000 0   0