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
CUNA MUTUAL GROUP FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)5910 MINERAL POINT ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MADISON, WI53705
A Employer identification number

39-6105418
B Telephone number (see instructions)

(608) 665-7445
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$19,844,837J 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) 10,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,324 2,324  
4 Dividends and interest from securities... 521,592 521,592  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,425,343
b Gross sales price for all assets on line 6a 9,475,016
7 Capital gain net income (from Part IV, line 2)... 1,425,343
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........ 11,949,259 1,949,259  
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).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,853 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 271 0   271
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,124 0   271
25 Contributions, gifts, grants paid....... 7,896,651 7,900,873
26 Total expenses and disbursements. Add lines 24 and 25 7,907,775 0   7,901,144
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,041,484
b Net investment income (if negative, enter -0-) 1,949,259
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............. 49,953 4,242,273 4,242,273
2 Savings and temporary cash investments......... 209,592 432,990 432,990
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) 1,757,616 0 0
b Investments—corporate stock (attach schedule)....... 5,762,781 Click to see attachment4,808,257 6,414,265
c Investments—corporate bonds (attach schedule)....... 6,132,023 Click to see attachment8,360,224 8,370,731
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 274,873 Click to see attachment384,578 384,578
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) 14,186,838 18,228,322 19,844,837
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........ 14,186,838 18,228,322
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 14,186,838 18,228,322
30 Total liabilities and net assets/fund balances (see instructions). 14,186,838 18,228,322
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
14,186,838
2
Enter amount from Part I, line 27a .....................
2
4,041,484
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,228,322
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
18,228,322
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      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,475,016   8,049,673 1,425,343
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,425,343
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,425,343
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 27,095
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 27,095
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 14,819
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 34,819
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,724
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet7,724 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWI, IA
    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 .Click to see attachment
    8b
     
    No
    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 ofbulletTHE ORGANIZATION Telephone no.bullet (608) 665-7445

    Located atbullet5910 MINERAL POINT ROADMADISONWI ZIP+4bullet53705
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    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)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CEDRIC ELLIS PRESIDENT
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    ANGELA RUSSELL VICE PRESIDENT / DIRECTOR
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    PAUL BARBATO SECRETARY
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    BRIAN J BORAKOVE TREASURER
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    KATHERINE L CASTRO ASSISTANT SECRETARY
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    KRISTINE M CONWAY ASSISTANT TREASURER
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    TODD M DUNNING ASSISTANT TREASURER
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    KARIM HABIB DIRECTOR
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    CEDRIC ELLIS DIRECTOR
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    GERALD SINGLETON II DIRECTOR
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    LISA WAGNER DIRECTOR
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    ASHLEY UTZ FROM FEB 8 2021 DIRECTOR
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    BECKI HAGERMAN TO DEC 5 2021 DIRECTOR
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    JEFFREY MEYER TO DEC 5 2021 DIRECTOR
    1.00     		0 0 0
    5910 MINERAL POINT ROAD
    MADISON,WI53705
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    16,020,102
    b
    Average of monthly cash balances.......................
    1b
    3,453,418
    c
    Fair market value of all other assets (see instructions)................
    1c
    311,441
    d
    Total (add lines 1a, b, and c).........................
    1d
    19,784,961
    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
    19,784,961
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    296,774
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    19,488,187
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    974,409
    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
    974,409
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    27,095
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    27,095
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    947,314
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    4,222
    5
    Add lines 3 and 4............................
    5
    951,536
    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
    951,536
    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 7 951,536
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 1,534,917
    b From 2017...... 1,670,344
    c From 2018...... 4,168,024
    d From 2019...... 3,021,978
    e From 2020...... 3,112,012
    f Total of lines 3a through e ........ 13,507,275
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 7,901,144
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 951,536
    e Remaining amount distributed out of corpus 6,949,608
    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 20,456,883
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		1,534,917
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		18,921,966
    10 Analysis of line 9:
    a Excess from 2017.... 1,670,344
    b Excess from 2018.... 4,168,024
    c Excess from 2019.... 3,021,978
    d Excess from 2020.... 3,112,012
    e Excess from 2021.... 6,949,608
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    1619 FREEDOM SCHOOL
    3117 GREENHILL CIRCLE
    CEDAR FALLS,IA50613     		  PC CHARITABLE 100,000
    AID ATLANTA
    1605 PEACHTREE ST NE
    ATLANTA,GA30309     		  PC CHARITABLE 250
    AMANI COMMUNITY SERVICES
    2315 FALLS AVE STE 1
    WATERLOO,IA50701     		  PC CHARITABLE 10,000
    AMERICAN INDIA FOUNDATION
    211 EAST 43RD ST STE 1900
    NEW YORK,NY10017     		  PC CHARITABLE 10,000
    AMERICAN RED CROSS SW WI
    4860 SHEBOYGAN AVE
    MADISON,WI53705     		  PC CHARITABLE 5,000
    ANANA ELEMENTARY SCHOOL
    6323 WOODINGTON WAY
    MADISON,WI53711     		  PC CHARITABLE 5,000
    ASSOCIATION FOR INDIA'S DEVELOPMENT
    501 TECUMSEH ST
    COLLEGE PARK,MD20740     		  PC CHARITABLE 10,000
    BADGER ROCK MIDDLE SCHOOL
    501 E BADGER RD
    MADISON,WI53713     		  PC CHARITABLE 5,000
    BIG BROTHERS BIG SISTERS OF DANE COUNTY
    2059 ATWOOD AVENUE 2
    MADISON,WI53704     		  PC CHARITABLE 60,000
    BOYS & GIRLS CLUB OF DANE COUNTY
    1818 WEST BELTLINE HWY
    MADISON,WI53713     		  PC CHARITABLE 25,000
    BOYS AND GIRLS CLUB OF DANE COUNTY
    1818 W BELTLINE HWY
    MADISON,WI53713     		  PC CHARITABLE 50,000
    BOYS AND GIRLS CLUB OF THE CEDAR VALLEY
    515 LIME ST
    WATERLOO,IA50703     		  PC CHARITABLE 70,000
    CATHOLIC CHARITIES - THE BEACON
    702 SOUTH HIGH POINT ROAD
    MADISON,WI53719     		  PC CHARITABLE 60,000
    CEDAR VALLEY FRIENDS OF THE FAMILY
    PO BOX 784
    WAVERLY,IA50677     		  PC CHARITABLE 125
    CEDAR VALLEY FRIENDS OF THE FAMILY
    PO BOX 784
    WAVERLY,IA50677     		  PC CHARITABLE 50,000
    CENTER FOR BLACK EXCELLENCE
    PO BOX 259861
    MADISON,WI53725     		  PC CHARITABLE 1,000,000
    CENTER FOR COMMUNITY STEWARDSHIP
    PO BOX 46202
    MADISON,WI53744     		  PC CHARITABLE 100,000
    CENTRO HISPANO
    810 W BADGER RD
    MADISON,WI53713     		  PC CHARITABLE 250
    CENTRO HISPANO OF DANE CO
    810 W BADGER RD
    MADISON,WI53713     		  PC CHARITABLE 25,000
    CEOS OF TOMORROW INC
    2702 INTERNATIONAL LN SUITE 112
    MADISON,WI53704     		  PC CHARITABLE 70,000
    CHAMPIONS4KIDS INC
    5511 ODANA RD
    MADISON,WI53719     		  PC CHARITABLE 50,000
    CHARLES HAMILTON HOUSTON INSTITUTE INC
    637 HARPER DR
    VERONA,WI53593     		  PC CHARITABLE 100,000
    CHILDREN'S HOSPITAL OF WI FOUNDATION
    PO BOX 1997
    MILWAUKEE,WI53202     		  PC CHARITABLE 30,000
    COMMON WEALTH DEVELOPMENT
    1501 WILLIAMSON ST
    MADISON,WI53703     		  PC CHARITABLE 120,000
    COMMON WEALTH DEVELOPMENT
    1501 WILLIAMSON ST
    MADISON,WI53703     		  PC CHARITABLE 25,000
    COMMON WEALTH DEVELOPMENT INC
    1501 WILLIAMSON ST
    MADISON,WI53703     		  PC CHARITABLE 75,000
    COMMUNITY EDUCATIONAL OUTREACH INC
    PO BOX 428
    WATERLOO,IA50704     		  PC CHARITABLE 250
    COMMUNITY SHARE OF WISCONSIN
    931 E MAIN ST STE 10
    MADISON,WI53703     		  PC CHARITABLE 5,000
    CONNEXTIONS INC
    6709 RAYMOND RD
    MADISON,WI53719     		  PC CHARITABLE 10,000
    CONNEXTIONS INC
    6709 RAYMOND RD
    MADISON,WI53719     		  PC CHARITABLE 10,000
    CORNERSTONE CREDIT UNION FOUNDATION
    5801 PARKWOOD BLVD SUITE 300
    PLANO,TX75024     		  PC CHARITABLE 81,500
    CROSS COMMUNITY PLAYERS
    PO BOX 1135
    MAPLE GROVE,MN55311     		  PC CHARITABLE 250
    DIRECT RELIEF
    6100 WALLACE BECKNELL RD
    SANTA BARBARA,CA93117     		  PC CHARITABLE 10,000
    DR WALTER CUNNINGHAM
    1224 MOBILE STREET
    WATERLOO,IA50703     		  PC CHARITABLE 5,000
    EAST MADISON COMMUNITY CENTER
    8 STRAUBEL COURT
    MADISON,WI53704     		  PC CHARITABLE 250
    EAST MADISON COMMUNITY CENTER
    8 STRAUBEL COURT
    MADISON,WI53704     		  PC CHARITABLE 100,000
    END DOMESTIC ABUSE WISCONSIN
    1400 E WASHINGTON AVE SUITE 227
    MADISON,WI53703     		  PC CHARITABLE 175,000
    FAMILIES & SCHOOLS TOGETHER
    2801 INTERNATIONAL LN SUITE 201
    MADISON,WI53704     		  PC CHARITABLE 70,000
    FOUNDATION FOR BLACK WOMEN'S WELLNESS
    6601 GRAND TETON PLAZA SUITE A2
    MADISON,WI53719     		  PC CHARITABLE 100,000
    FRIENDS OF BADGER ROCK MIDDLE SCHOOL
    501 E BADGER RD
    MADISON,WI53713     		  PC CHARITABLE 7,500
    GIVE BACK FOUNDATION
    2302 INTERNATIONAL LANE
    MADISON,WI53704     		  PC CHARITABLE 100,000
    GOODMAN COMMUNITY CENTER
    214 WAUBESA ST
    MADISON,WI53704     		  PC CHARITABLE 200,000
    GRACE CHURCH
    416 2ND STREET
    NEW GLARUS,WI53574     		  PC CHARITABLE 250
    GSAFE
    122 E OLIN AVE 100
    MADISON,WI53713     		  PC CHARITABLE 50,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    803 W 5TH ST
    WATERLOO,IA50702     		  PC CHARITABLE 5,000
    HABITAT FOR HUMANITY OF DANE COUNTY
    3101 LATHAM DR
    MADISON,WI53713     		  PC CHARITABLE 250,000
    HAMILTON MIDDLE SCHOOL
    4801 WAUKESHA ST
    MADISON,WI53705     		  PC CHARITABLE 5,000
    HORIZON HIGH SCHOOL
    PO BOX 45045
    MADISON,WI53744     		  PC CHARITABLE 32,000
    HOUSE OF HOPE
    845 W 4TH STREET
    WATERLOO,IA50702     		  PC CHARITABLE 20,000
    INFAMOUS MOTHERS LLC
    641 WEST MAIN ST 114
    MADISON,WI53703     		  PC CHARITABLE 297,000
    JANESVILLE LIONS FOUNDATION
    1401 PALMER DR
    JANEXVILLE,WI53545     		  PC CHARITABLE 250
    JOHN MUIR ELEMENTARY SCHOOL
    6602 INNER DR
    MADISON,WI53705     		  PC CHARITABLE 5,000
    LARRABEE CENTER INC
    117 11TH ST NW
    WAVERLY,IA50677     		  PC CHARITABLE 20,000
    LATINO CHAMBER OF COMMERCE OF DANE CO
    2881 COMMERCE PARK DR
    FITCHBURG,WI53719     		  PC CHARITABLE 50,000
    LEADER VALLEY FOUNDATION
    360 WESTFIELD AVE SUITE 200
    WATERLOO,IA50701     		  PC CHARITABLE 200,000
    LEUKEMIA AND LYMPHOMA SOCIETY
    3 INTERNAION DR 200
    RYE BROOK,NY10573     		  PC CHARITABLE 250
    LIGHTHOUSE CHRISTIAN SCHOOL
    6400 SCHROEDER RD
    MADISON,WI53711     		  PC CHARITABLE 100,000
    LITTLE JOHNS RESTAURANT INC
    5302 VERONA RD
    FITCHBURG,WI53711     		  PC CHARITABLE 15,000
    LODI FFAALUMNI
    1100 SAUK STREET
    LODI,WI53555     		  PC CHARITABLE 250
    LODI FFAALUMNI
    1100 SAUK STREET
    LODI,WI53555     		  PC CHARITABLE 250
    MADISON AREA FOOD PANTRY GARDENS
    PO BOX 5116
    MADISON,WI53705     		  PC CHARITABLE 10,000
    MADISON READING PROJECT
    1337 GREENWAY CROSS STE 186
    MADISON,WI53713     		  PC CHARITABLE 10,000
    MADISON REGION ECONOMIC PARTNERSHIP
    8517 EXCELSIOR DR 107
    MADISON,WI53717     		  PC CHARITABLE 50,000
    MAYDM INC
    3330 UNIVERSITY AVE SUITE 202
    MADISON,WI53705     		  PC CHARITABLE 75,000
    MENTORING POSITIVES
    PO BOX 14567
    MADISON,WI53708     		  PC CHARITABLE 146,000
    MILESTONE DEMOCRATIC SCHOOL
    2758 DAIRY DRIVE
    MADISON,WI53718     		  PC CHARITABLE 50,000
    MISSION CENTRAL METROPLEX
    740 EAST PIPELINE ROAD
    HURST,TX76053     		  PC CHARITABLE 10,000
    MT HOREB UNITED MEETHODIST CHURCH
    9542 COUNTY R S
    MT HOREB,WI53572     		  PC CHARITABLE 250
    MT HOREB UNITED METHODIST CHURCH
    9542 COUNTY R S
    MT HOREB,WI53572     		  PC CHARITABLE 250
    NATIONAL CREDIT UNION FOUNDATION
    99 M STREET SE SUITE 300
    WASHINGTON,DC20003     		  PC CHARITABLE 10,000
    NATIONAL CREDIT UNION FOUNDATION
    99 M STREET SE SUITE 300
    WASHINGTON,DC20003     		  PC CHARITABLE 10,000
    NEWBRIDGE MADISON INC
    1625 NORTHPORT DR 125
    MADISON,WI53704     		  PC CHARITABLE 30,000
    NORTHEAST IOWA FOOD BANK
    1605 LAFAYETTE STREET
    WATERLOO,IA50704     		  PC CHARITABLE 5,000
    OMEGA SCHOOL
    835 W BADGER RD
    CEDAR FALLS,WI53713     		  PC CHARITABLE 50,000
    OPPORTUNITIES INC
    25 WINOOSKI FALLS WAY SUITE 203
    WINOOSKI,VT05404     		  PC CHARITABLE 25,000
    PRAIRIE VIEW A&M UNIVERSITY
    PO BOX 519 MS 1200
    PRAIRIE VIEW,TX77446     		  PC CHARITABLE 25,000
    PROJECT FLO ASSOCIATION
    1727 KENWOD AVE
    NEW HAMPTON,WI50659     		  PC CHARITABLE 250
    RAPE CRISIS CENTER INC
    2801 COHO ST STE 301
    MADISON,WI53713     		  PC CHARITABLE 45,000
    REDWOOD ELEMENTARY
    395 WOODSIDE DR
    HARTFORD,MI49057     		  PC CHARITABLE 250
    REPAIRERS OF THE BREACH
    PO BOX 05648
    MILWAUKEE,WI53205     		  PC CHARITABLE 5,000
    RIVER FOOD PANTRY
    2201 DARWIN RD
    MADISON,WI53704     		  PC CHARITABLE 15,521
    RONALD MCDONALD HOUSE CHARITIES
    2716 MARSHALL CT
    MADISON,WI53705     		  PC CHARITABLE 5,000
    SAFE HARBOR CHILD ADVOCACY CENTER INC
    2445 DARWIN RD SUITE 20
    MADISON,WI53704     		  PC CHARITABLE 20,000
    SEWA INTERNTAIONAL INC
    PO BOX 820867
    HOUSTON,TX77282     		  PC CHARITABLE 10,000
    SIMPSON STREET FREE PRESS
    PO BOX 6307
    MONONA,WI53716     		  PC CHARITABLE 18,000
    SIMPSON STREET FREE PRESS
    PO BOX 6307
    MONONA,WI53716     		  PC CHARITABLE 45,000
    STARTING BLOCK MADISON
    821 E WASHINGTON AVE STE 200
    MADISON,WI53703     		  PC CHARITABLE 60,000
    SUCCESSLINK INC
    220 E PARK AVE
    WATERLOO,IA50703     		  PC CHARITABLE 20,000
    SUGAR RIVER SENIOR CENTER
    21 S VINE ST
    BELLEVILLE,WI53508     		  PC CHARITABLE 250
    TEAM RUBICON
    5230 PACIFIC CONCOURSE DR STE 200
    LOS ANGELES,CA90045     		  PC CHARITABLE 10,000
    THE ARC OF THE USA - WI CHAPTER
    PO BOX 201
    STOUGHTON,WI53589     		  PC CHARITABLE 36,500
    THE JOB FOUNDATION
    PO BOX 1141
    CEDAR FALLS,IA50613     		  PC CHARITABLE 20,000
    THE PRAIRIE ENTHUSIASTS INC
    110 S MAIN ST
    VIROQUA,WI54665     		  PC CHARITABLE 250
    THE ROAD HOME OF DANE COUNTY
    890 W WINGRA DR
    MADISON,WI53715     		  PC CHARITABLE 175,000
    UNICEF USA
    125 MAIDEN LN
    NEW YORK,NY10038     		  PC CHARITABLE 10,000
    UNITED WAY OF CENTRAL KANSAS
    1125 WILLIAMS ST
    GREAT BEND,KS67530     		  PC CHARITABLE 10,000
    UNITED WAY OF DANE COUNTY
    2059 ATWOOD AVE
    MADISON,WI53704     		  PC CHARITABLE 481,627
    UNITED WAY OF DANE COUNTY
    2059 ATWOOD AVE
    MADISON,WI53704     		  PC CHARITABLE 250,000
    UNIVERSITY OF NORTHERN IOWA FOUNDATION
    COMMONS 121
    CEDAR FALLS,IA50614     		  PC CHARITABLE 117,000
    URBAN LEAGUE OF GREATER MADISON
    2222 S PARK ST STE 200
    MADISON,WI53713     		  PC CHARITABLE 1,000,000
    URBAN TRIAGE
    2312 S PARK ST
    MADISON,WI53713     		  PC CHARITABLE 120,000
    UW FOUNDATION
    2238 SOUTH PARK ST
    MADISON,WI53713     		  PC CHARITABLE 100,000
    VERA COURT NEIGHBORHOOD CENTER INC
    614 VERA COURT
    MADISON,WI53704     		  PC CHARITABLE 53,500
    WAVERLY-SHELL ROCK AREA UNITED WAY INC
    PO BOX 271
    WAVERLY,IA50677     		  PC CHARITABLE 25,000
    WISCONSIN EQUAL JUSTICE FUND INC
    PO BOX 46103
    MADISON,WI53744     		  PC CHARITABLE 5,000
    WISCONSIN HEIGHTS EDUCATION FOUNDATION
    PO BOX 176
    MAZOMANIE,WI53560     		  PC CHARITABLE 250
    WISCONSIN HEIGHTS EDUCATION FOUNDATION
    PO BOX 176
    MAZOMANIE,WI53560     		  PC CHARITABLE 250
    WISE WOMEN GATHERING PLACE
    1641 COMMANCHE AVE SUITE H
    GREEN BAY,WI54313     		  PC CHARITABLE 73,000
    WOMENS INSTITUTE FOR A SECURE RETIREMENT
    1001 CONNECTICUT AVE STE 730
    WASHINGTON,DC20036     		  PC CHARITABLE 147,100
    YMCA OF DANE COUNTY INC
    101 E MIFFLIN ST SUITE 100
    MADISON,WI53703     		  PC CHARITABLE 50,000
    YWCA MADISON
    101 E MIFFLIN ST
    MADISON,WI53703     		  PC CHARITABLE 485,000
    Total .................................bullet 3a 7,900,873
    bApproved for future payment
    UNITED WAY CAMPAIGN PLEDGE (DANE COUNTY)
    2059 ATWOOD AVE
    MADISON,WI53704     		  PC CHARITABLE 500,000
    Total .................................bullet 3b 500,000
    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 2,324  
    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 1,425,343  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 1,949,259 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,949,259
    (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
    CUNA MUTUAL GROUP FOUNDATION INC
     
    Employer identification number

    39-6105418
    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
    CUNA MUTUAL GROUP FOUNDATION INC
          		Employer identification number
    39-6105418
    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
    CMFG LIFE INSURANCE COMPANY
     
    5910 MINERAL POINT ROAD
     
    MADISON, WI53705

    		$ 10,000,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    CUNA MUTUAL GROUP FOUNDATION INC
          		Employer identification number

    39-6105418
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    CUNA MUTUAL GROUP FOUNDATION INC
          		Employer identification number

    39-6105418
    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 ExplnOfNonFilingWithAGStmt
    Name:
    CUNA MUTUAL GROUP FOUNDATION INC
    EIN:
    39-6105418
    Statement:
    A COPY OF FORM 990-PF WILL BE FURNISHED TO THE ATTORNEY GENERAL IN THE STATE OF WISCONSIN. A COPY OF FORM 990-PF IS NOT REQUIRED TO BE FURNISHED TO THE ATTORNEY GENERAL IN THE STATE OF IOWA.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    CUNA MUTUAL GROUP FOUNDATION INC
    EIN:
    39-6105418
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FOREIGN BONDS 269,870 269,002
    DOMESTIC BONDS 8,090,354 8,101,729

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    CUNA MUTUAL GROUP FOUNDATION INC
    EIN:
    39-6105418
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITY SECURITIES 4,808,257 6,414,265

    TY 2021 InvestmentsOtherSchedule2
    Name:
    CUNA MUTUAL GROUP FOUNDATION INC
    EIN:
    39-6105418
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LIMITED PARTNERSHIP AT COST 384,578 384,578

    TY 2021 OtherExpensesSchedule
    Name:
    CUNA MUTUAL GROUP FOUNDATION INC
    EIN:
    39-6105418
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE CHARGES 271 0   271


    TY 2021 TaxesSchedule
    Name:
    CUNA MUTUAL GROUP FOUNDATION INC
    EIN:
    39-6105418
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 10,853 0   0