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
MICHAEL W LOUIS PRIVATE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)710 NORTH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAKE GENEVA, WI53147
A Employer identification number

81-3941498
B Telephone number (see instructions)

(262) 384-3700
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$14,850,878J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 17 17  
4 Dividends and interest from securities... 1,002,993 995,994  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 674,986
b Gross sales price for all assets on line 6a 1,812,523
7 Capital gain net income (from Part IV, line 2)... 674,986
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 56 56  
12 Total. Add lines 1 through 11........ 1,678,052 1,671,053  
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)......... Click to see attachment 7,959 7,959   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 71,738 71,738   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 59,564 4,183   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 34,226 34,226   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 173,487 118,106   0
25 Contributions, gifts, grants paid....... 555,000 555,000
26 Total expenses and disbursements. Add lines 24 and 25 728,487 118,106   555,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 949,565
b Net investment income (if negative, enter -0-) 1,552,947
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............. 173,549 475,324 475,323
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,931,312 Click to see attachment2,340,082 3,300,841
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,891,440 Click to see attachment5,132,312 11,074,714
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) 6,996,301 7,947,718 14,850,878
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........ 5,952,838 5,952,838
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,043,463 1,994,880
29 Total net assets or fund balances (see instructions)..... 6,996,301 7,947,718
30 Total liabilities and net assets/fund balances (see instructions). 6,996,301 7,947,718
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
6,996,301
2
Enter amount from Part I, line 27a .....................
2
949,565
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
9,863
4
Add lines 1, 2, and 3 ..........................
4
7,955,729
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
8,011
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,947,718
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 EDGBASTON ASIAN EQUITY TR SHORT TERM     2021-12-31
b EDGBASTON ASIAN EQUITY TR LONG TERM     2021-12-31
c MICHAEL W LOUIS CO SHRT TRM CAP GAINS     2021-12-31
d MICHAEL W LOUIS CO LONG TRM CAP GAINS     2021-12-31
e MWL HOLDINGS LP SHRT TRM CAP GAIN     2021-12-31
MWL HOLDINGS LP LONG TRM CAP LOSS     2021-12-31
MS 970 PUBLICLY TRADED SECURITIES      
MS 262 PUBLICLY TRADED SECURITIES      
MS 594 PUBLICLY TRADED SECURITIES      
MS 816 PUBLICLY TRADED SECURITIES      
866.67 SHS S.C. JOHNSON & SON INC SER A     2021-03-16
433.33 SHS S.C. JOHNSON & SON INC SER B     2021-03-16
CAPITAL GAINS DIVIDENDS P    
(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 1,228     1,228
b 15,831     15,831
c 189     189
d 2,167     2,167
e 560     560
6,429     6,429
908,776   694,964 214,995
181,978   115,601 66,377
291,553   262,950 28,603
33,397   32,260 1,137
95,334   25,392 69,942
47,666   7,553 40,113
227,415     227,415
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       1,228
b       15,831
c       189
d       2,167
e       560
      6,429
      214,995
      66,377
      28,603
      1,137
      69,942
      40,113
      227,415
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 2 674,986
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 21,586
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 21,586
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 18,760
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,760
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 2,826
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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
     
    No
    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 ofbulletWALTER W BELL Telephone no.bullet (262) 384-3700

    Located atbulletBELL ANDERSON LLC 710 NORTH STLAKE GENEVAWI ZIP+4bullet53147
    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)
     
    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
    CARRIE L HULBURD PRESIDENT
    0.00     		0 0 0
    C/O 710 NORTH STREET
    LAKE GENEVA,WI53147
    HENRY J LOUIS VICE PRESIDENT
    0.00     		0 0 0
    C/O 710 NORTH STREET
    LAKE GENEVA,WI53147
    STEVEN S LOUIS TREASURER
    0.00     		0 0 0
    C/O 440 S LASALLE ST 38TH FL
    CHICAGO,IL60605
    TIMOTHY C LOUIS SECRETARY
    0.00     		0 0 0
    C/O 710 NORTH STREET
    LAKE GENEVA,WI53147
    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
    14,380,304
    b
    Average of monthly cash balances.......................
    1b
    167,252
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    14,547,556
    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
    14,547,556
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    218,213
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    14,329,343
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    716,467
    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
    716,467
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    21,586
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    34,217
    c
    Add lines 2a and 2b............................
    2c
    55,803
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    660,664
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    660,664
    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
    660,664
    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 7 660,664
    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...... 100,470
    b From 2017......  
    c From 2018......  
    d From 2019...... 9,676
    e From 2020......  
    f Total of lines 3a through e ........ 110,146
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 555,000
    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..... 555,000
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 105,664 105,664
    (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 4,482
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		4,482
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 4,482
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    BALLET WEST
    50 W 200 STREET 200
    SALT LAKE CITY,UT84101     		N/A 501(C)(3) GENERAL CONTRIBUTION 20,000
    BARROW NEUROLOGICAL FOUNDATION
    124 WEST THOMAS ROAD SUITE 250
    PHOENIX,AZ85013     		N/A 501(C)(3) GENERAL CONTRIBUTION 25,000
    CARVER CENTER
    400 WESTCHESTER AVENUE
    PORT CHESTER,NY10573     		N/A 501(C)(3) GENERAL CONTRIBUTION 2,500
    CHEQUAMEGON AREA MOUNTAIN BIKE ASSOCIATION
    PO BOX 141
    CABLE,WI54821     		N/A 501(C)(3) GENERAL CONTRIBUTION 20,000
    COLORADO COLLEGE
    14 E CASHE LA POUDRE STREE
    COLORADO SPRINGS,CO80903     		N/A 501(C)(3) GENERAL CONTRIBUTION 70,000
    DESERT BOTANICAL GARDENS
    1201 GALVIN PARKWAY
    PHOENIX,AZ85008     		N/A 501(C)(3) GENERAL CONTRIBUTION 10,000
    DESERT VOICES
    3426 E SHEA BLVD
    PHOENIX,AZ85028     		N/A 501(C)(3) GENERAL CONTRIBUTION 50,000
    FOUNDATION FIGHTING BLINDNESS
    7168 COLUMBIA GATEWAY DR
    COLUMBIA,MD21046     		N/A 501(C)(3) GENERAL CONTRIBUTION 50,000
    LAKE OWEN ASSOCIATION
    1208 W 4TH ST
    NEW RICHMOND,WI54017     		N/A 501(C)(3) GENERAL CONTRIBUTION 17,500
    NATIONAL LOUIS UNVERSITY
    122 S MICHIGAN AVE
    CHICAGO,IL60603     		N/A 501(C)(3) GENERAL CONTRIBUTION 100,000
    NEW CANAAN NATURE CENTER
    144 OENOKE RIDGE
    NEW CANAAN,CT06840     		N/A 501(C)(3) GENERAL CONTRIBUTION 10,000
    PHOENIX CHILDREN'S HOSPITAL
    2929 E CAMELBACK ROAD
    PHOENIX,AZ85016     		N/A 501(C)(3) GENERAL CONTRIBUTION 5,000
    PHOENIX COUNTRY DAY SCHOOL
    3901 E STANFORD DRIVE
    PARADISE VALLEY,AZ85253     		N/A 501(C)(3) GENERAL CONTRIBUTION 12,500
    RYE NATURE CENTER
    873 BOSTON POST RD
    RYE,NY10580     		N/A 501(C)(3) GENERAL CONTRIBUTION 15,000
    THE FIRST TEE OF PHOENIX
    3837 E WEIR AVE 7
    PHOENIX,AZ85040     		N/A 501(C)(3) GENERAL CONTRIBUTION 35,000
    YESTERMORROW DESIGN BUILD
    7865 MAIN ST
    WAITSFIELD,VT05673     		N/A 501(C)(3) GENERAL CONTRIBUTION 25,000
    ZION CANYON MESA
    PO BOX 145
    SPRINGDALE,AZ847670145     		N/A 501(C)(3) GENERAL CONTRIBUTION 25,000
    PANDA - UNIVERSITY OF ARIZONA FOUNDATION
    1111 NORTH CHERRY AVENUE
    TUCSON,AZ857210109     		N/A 501(C)(3) GENERAL CONTRIBUTION 25,000
    UC SAN DIEGO FOUNDATION
    9500 GILMAN DRIVE 0940
    LA JOLLA,CA920930940     		N/A 501(C)(3) GENERAL CONTRIBUTION 20,000
    CURED - CAMPAIGN URGING RESEARCH FOR EOSINOPHILIC DISEASE
    PO BOX 32
    LINCOLNSHIRE,IL60069     		N/A 501(C)(3) GENERAL CONTRIBUTION 7,500
    THE NATURE CONSERVANCY IN ARIZONA
    1819 E MORTEN AVENUE 100
    PHOENIX,AZ85020     		N/A 501(C)(3) GENERAL CONTRIBUTION 10,000
    Total .................................bullet 3a 555,000
    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 17  
    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 ............     		    18 674,986  
    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 1,678,052 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,678,052
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    MICHAEL W LOUIS PRIVATE FOUNDATION
    EIN:
    81-3941498
    Name of Stock End of Year Book Value End of Year Fair Market Value
    200 SHARES ABM INDUSTRIES INCORPORATED 6,747 8,170
    356 SHARES ADAPTHEALTH CORP CL A 9,472 8,708
    157 SHARES ALTRA INDL MOTION CORP 4,841 8,096
    89 SHARES AMN HEALTHCARE SVCS INC 3,644 10,887
    129 SHARES ARCOSA INC 5,286 6,798
    184 SHARES AVIENT CORPORATION 7,713 10,295
    172 SHARES BRINK'S COMPANY COM 7,963 11,278
    129 SHARES CASELLA WASTE SYS INC CL A 4,752 11,019
    268 SHARES CBIZ INC 6,894 10,484
    197 SHARES CENTRAL GARDEN & PET CO CL A 6,743 9,426
    612 SHARES CVB FINCL CP 13,013 13,103
    315 SHARES ENVISTA HLDGS CORP 3,211 6,894
    95 SHARES ESCO TECHNOLOGIES 5,961 8,549
    142 SHARES FORWARD AIR CORP 8,876 17,195
    156 SHARES FULLER H B & COMPANY 7,011 12,636
    159 SHARES GIBRALTAR INDUSTRIES INC 7,312 10,602
    295 SHARES GLACIER BANCORP INC NEW 12,031 16,727
    488 SHARES HARSCO CORP 8,072 8,154
    192 SHARES HORACE MANN EDUCATORS CP 7,757 7,430
    113 SHARES ICF INTL INC 9,067 11,588
    38 SHARES ICU MEDICAL INC 6,787 9,019
    209 SHARES INDEPENDENT BK MASS 14,700 17,040
    126 SHARES INTEGER HOLDINGS CORP 10,095 10,784
    85 SHARES KAISER ALUMINUM CORP 6,998 7,985
    260 SHARES LA Z BOY INCORPORATED 7,374 9,441
    107 SHARES LAKELAND FINCL 4,703 8,575
    50 SHARES LANCASTER COLONY CRP 7,720 8,280
    677 SHARES MAGNOLIA OIL & GAS CORP CL A 5,918 12,775
    469 SHARES MATADOR RES CO 7,350 17,315
    154 SHARES METHODE ELEC INC 4,453 7,572
    77 SHARES MGE ENERGY INC 4,985 6,333
    104 SHARES ONE GAS INC 7,921 8,069
    122 SHARES OXFORD INDUSTRIES INC 7,881 12,385
    413 SHARES PEBBLEBROOK HOTEL TR COM 10,688 9,239
    319 SHARES PHYSICIANS REALTY TRUST 5,186 6,007
    93 SHARES PLEXUS CORP 5,463 8,918
    368 SHARES RAMBUS INC (DEL) 5,986 10,816
    172 SHARES SELECTIVE INSURANCE GROUP 8,950 14,094
    66 SHARES SEMTECH CORP 2,888 5,869
    174 SHARES SOUTH ST CORP COM 11,492 13,939
    87 SHARES STANDEX INTERNATIONAL CORP 6,206 9,627
    201 SHARES STIFEL FINANCIAL CORPORATION 11,022 14,154
    269 SHARES THE SIMPLY GOOD FOODS COMPANY 5,422 11,182
    139 SHARES US ECOLOGY INC 6,442 4,440
    291 SHARES WILLSCOT MOBIL MINI HOLDN CL A 5,194 11,884
    324 SHARES WOLVERINE WORLD WIDE 8,475 9,334
    117 SHARES ABBOTT LABORATORIES 10,009 16,467
    131 SHARES ABBVIE INC COM 10,599 17,737
    48 SHARES ACCENTURE PLC IRELAND CL A 8,558 19,898
    46 SHARES ADOBE INC 14,830 26,085
    65 SHARES ADVANCED MICRO DEVICES 3,238 9,354
    165 SHARES AFLAC INCORPORATED 6,236 9,634
    18 SHARES AGILENT TECHNOLOGIES 1,402 2,874
    16 SHARES ALLSTATE CORP 1,595 1,882
    32 SHARES ALPHABET INC CL A 39,020 92,705
    288 SHARES ALTRIA GROUP INC 11,831 13,648
    18 SHARES AMAZON COM INC 42,324 60,018
    47 SHARES AMERICAN EXPRESS CO 4,465 7,689
    7 SHARES AMERICAN TOWER CORP 1,733 2,047
    115 SHARES AMERICAN WATER WORKS CO 15,321 21,719
    21 SHARES AMERISOURCEBERGEN CORP 1,838 2,791
    69 SHARES AMGEN INC 14,973 15,523
    63 SHARES ANALOG DEVICES INC 5,717 11,074
    16 SHARES ANTHEM INC COM 3,895 7,417
    811 SHARES APPLE INC 54,064 144,009
    52 SHARES APPLIED MATERIALS INC 4,422 8,183
    42 SHARES APTARGROUP INC 4,420 5,144
    24 SHARES APTIV PLC 1,530 3,959
    13 SHARES AUTODESK INC DELAWARE 2,187 3,655
    16 SHARES AUTOMATIC DATA PROCESSING INC 2,885 3,945
    313 SHARES BAKER HUGHES COMPANY CL A 3,938 7,531
    48 SHARES BALL CORPORATION 3,318 4,621
    597 SHARES BANK OF AMERICA CORP 14,759 26,561
    28 SHARES BANK OF NEW YORK MELLON CORP 981 1,626
    11 SHARES BAXTER INTL INC 874 944
    21 SHARES BECTON DICKINSON & CO 5,102 5,281
    9 SHARES BERKSHIRE HATHAWAY CL-B NEW 1,701 2,691
    34 SHARES BEST BUY CO 2,263 3,454
    7 SHARES BIOGEN INC COM 1,972 1,679
    15 SHARES BLACKROCK INC 7,680 13,733
    24 SHARES BOEING CO 3,702 4,832
    29 SHARES BOSTON PROPERTIES INC 2,737 3,340
    53 SHARES BOSTON SCIENTIFIC CORP 1,944 2,251
    221 SHARES BRISTOL MYERS SQUIBB CO 13,056 13,779
    17 SHARES CAPITAL ONE FINANCIAL CORP 1,547 2,467
    51 SHARES CHARLES SCHWAB NEW 2,352 4,289
    2 SHARES CHIPOTLE MEXICAN GRILL INC COM 1,540 3,497
    27 SHARES CHUBB LTD 3,254 5,219
    231 SHARES CHURCH & DWIGHT CO INC 17,716 23,678
    50 SHARES CIGNA CORP 10,011 11,482
    243 SHARES CISCO SYS INC 10,022 15,399
    187 SHARES CITIGROUP INC NEW 8,849 11,293
    172 SHARES COCA COLA CO 8,993 10,184
    28 SHARES COGNIZANT TECH SOLUTIONS CL A 1,543 2,484
    72 SHARES COLGATE PALMOLIVE CO 5,095 6,144
    221 SHARES COMCAST CORP (NEW) CLASS A 10,105 11,123
    179 SHARES CONAGRA BRANDS INC 6,177 6,113
    13 SHARES CONSTELLATION BRANDS INC CL A 2,148 3,263
    165 SHARES CORE LABORATORIES N V 1,776 3,681
    11 SHARES COSTCO WHOLESALE CORP NEW 3,299 6,245
    40 SHARES CUMMINS INC 5,982 8,726
    47 SHARES CVS HEALTH CORP COM 2,863 4,849
    19 SHARES DANAHER CORPORATION 3,315 6,251
    13 SHARES DAVITA INC 985 1,479
    23 SHARES DEERE & CO 3,367 7,886
    69 SHARES EBAY INC 2,357 4,589
    42 SHARES ECOLAB INC 7,457 9,853
    14 SHARES EDISON INTERNATIONAL 941 956
    78 SHARES EDWARD LIFESCIENCES CORP 5,578 10,105
    25 SHARES EMCOR GROUP INC 1,577 3,185
    102 SHARES EMERSON ELECTRIC CO 5,277 9,483
    124 SHARES ESSENTIAL UTILS INC 5,413 6,658
    27 SHARES ESTEE LAUDER CO INC CL A 4,426 9,995
    17 SHARES ETSY INC COM 964 3,722
    43 SHARES EXPEDITORS INTL WASH INC 3,255 5,774
    12 SHARES FEDL RLTY INVT TRUST S B I 997 1,636
    88 SHARES FMC CORP NEW 7,735 9,670
    103 SHARES GAP INC 948 1,818
    7 SHARES GENERAL ELECTRIC CO 603 661
    153 SHARES GENERAL MILLS INC 9,155 10,309
    73 SHARES GILEAD SCIENCE 4,735 5,301
    52 SHARES GOLDMAN SACHS GRP INC 10,149 19,893
    60 SHARES HARTFORD FIN SERS GRP INC 2,482 4,142
    60 SHARES HASBRO INC 4,865 6,107
    55 SHARES HELMERICH & PAYNE 894 1,304
    340 SHARES HEWLETT PACKARD ENTERPRISE 3,501 5,362
    33 SHARES HOLOGIC INC 1,353 2,526
    59 SHARES HOME DEPOT INC 14,568 24,486
    255 SHARES HOST HOTELS & RESORTS INC 3,171 4,434
    183 SHARES HP INC COM 2,935 6,894
    1 SHARES HUMANA INC 341 464
    41 SHARES IDEX CORPORATION DELAWARE 6,086 9,689
    87 SHARES IHS MARKIT LTD 5,703 11,564
    18 SHARES ILL TOOL WORKS INC 3,276 4,442
    7 SHARES ILLUMINA INC 1,984 2,663
    162 SHARES INTEL CORP 8,694 8,343
    72 SHARES INTERPUBLIC GROUP OF COS INC 1,489 2,696
    15 SHARES INTL BUSINESS MACHINES CORP 1,754 2,005
    28 SHARES INTUIT INC 7,325 18,010
    26 SHARES JACOBS ENGR GROUP INC 2,134 3,620
    33 SHARES JBG SMITH PPTYS 955 947
    230 SHARES JOHNSON & JOHNSON 34,185 39,346
    98 SHARES JPMORGAN CHASE & CO 9,994 15,518
    16 SHARES KILROY REALTY CORPORATION 966 1,063
    13 SHARES KLA CORPORATION 2,003 5,591
    18 SHARES L3HARRIS TECHNOLOGIES INC 3,648 3,838
    8 SHARES LAM RESEARCH CORPORATION 2,150 5,753
    30 SHARES LAS VEGAS SANDS CORPORATION 1,418 1,129
    34 SHARES LEIDOS HLDGS INC 3,260 3,023
    25 SHARES LINCOLN ELEC HLDGS INC 1,950 3,487
    57 SHARES MARSH & MCLENNAN COS INC 5,489 9,908
    30 SHARES MASTERCARD INC CL A 8,079 10,780
    51 SHARES MC CORMICK AND CO NON VOTING 3,906 4,927
    12 SHARES MCKESSON CORP 1,583 2,983
    175 SHARES MEDTRONIC PLC SHS 19,781 18,104
    220 SHARES MERCK & CO INC NEW COM 16,623 16,861
    40 SHARES MGM RESORTS INTERNATIONAL 1,206 1,795
    337 SHARES MICROSOFT CORP 59,863 113,340
    69 SHARES MORGAN STANLEY 3,198 6,773
    54 SHARES MOTOROLA SOLUTIONS INC 9,773 14,672
    10 SHARES NETFLIX INC 3,699 6,024
    123 SHARES NEWMONT CORPORATION 7,293 7,628
    84 SHARES NIKE INC B 7,259 14,000
    22 SHARES NORTHERN TRUST CORP 1,860 2,631
    2 SHARES NORTHROP GRUMMAN CP(HLDG CO) 675 774
    88 SHARES NORTONLIFELOCK INC 2,298 2,286
    157 SHARES NVIDIA CORPORATION 10,403 46,175
    6 SHARES OMNICOM GROUP 312 440
    110 SHARES ORACLE CORP 5,881 9,593
    96 SHARES PAYPAL HLDGS INC COM 10,157 18,104
    131 SHARES PFIZER INC 5,610 7,736
    162 SHARES PHILIP MORRIS INTL INC 12,971 15,390
    59 SHARES PNC FINL SVCS GP 6,150 11,831
    32 SHARES PPG INDUSTRIES INC 4,015 5,518
    53 SHARES PRINCIPAL FINL GROUP INC 1,748 3,833
    102 SHARES PROLOGIS INC COM 9,116 17,173
    51 SHARES PRUDENTIAL FINANCIAL INC 2,988 5,520
    20 SHARES PUBLIC STORAGE 4,050 7,491
    55 SHARES QUALCOMM INC 3,972 10,058
    253 SHARES RAYTHEON TECHNOLOGIES CORP 19,616 21,773
    5 SHARES REGENERON PHARMACEUTICALS INC 2,547 3,158
    51 SHARES ROCKWELL AUTOMATION INC 8,235 17,791
    50 SHARES S&P GLOBAL INC COM 13,849 23,597
    65 SHARES SALESFORCE.COM,INC. 9,994 16,518
    10 SHARES SERVICENOW INC 2,842 6,491
    22 SHARES SIMON PPTY GROUP INC 1,533 3,515
    98 SHARES STARBUCKS CORP WASHINGTON 7,747 11,463
    51 SHARES STATE STREET CORP 3,629 4,743
    2 SHARES SYSCO CORP 101 157
    18 SHARES T ROWE PRICE GROUP INC 2,091 3,540
    65 SHARES TAPESTRY INC 1,023 2,639
    36 SHARES TARGET CORPORATION 6,072 8,332
    17 SHARES TE CONNECTIVITY LTD NEW 1,212 2,743
    35 SHARES TESLA INC 25,807 36,987
    15 SHARES THE J.M. SMUCKER COMPANY 1,706 2,037
    10 SHARES THERMO FISHER SCIENTIFIC 3,121 6,672
    104 SHARES TJX COS INC NEW 5,171 7,896
    51 SHARES TRAVELERS COMPANIES INC COM 5,403 7,978
    84 SHARES U S BANCORP COM NEW 3,186 4,718
    94 SHARES UGI CORPORATION NEW COM 2,590 4,316
    45 SHARES UNITEDHEALTH GP INC 11,884 22,596
    89 SHARES VALVOLINE INC COM 1,260 3,319
    363 SHARES VERIZON COMMUNICATIONS 19,923 18,861
    102 SHARES VISA INC CL A 17,762 22,104
    92 SHARES VORNADO REALTY TRUST 3,385 3,851
    9 SHARES W W GRAINGER INC 2,502 4,664
    49 SHARES WALGREENS BOOTS ALLIANCE INC 1,930 2,556
    83 SHARES WALT DISNEY CO HLDG CO 8,781 12,856
    286 SHARES WELLS FARGO & CO NEW 10,090 13,722
    35 SHARES WELLTOWER INC 1,956 3,002
    11 SHARES XILINX INC 927 2,332
    46 SHARES XYLEM INC COM 3,181 5,516
    108 SHARES ACCENTURE PLC IRELAND CL A 27,798 44,771
    411 SHARES AIA GROUP LTD SPON ADR 18,863 16,573
    564 SHARES AKZO NOBEL NV ADR 21,351 20,721
    269 SHARES ALCON INC 17,706 23,435
    99 SHARES ASHTEAD GROUP PLC ADR 18,997 32,549
    1432 SHARES ASSA ABLOY AB UNSP ADR 18,822 21,867
    616 SHARES BROOKFIELD ASSET MGNT CL A LTD 25,125 37,194
    623 SHARES CAMECO CORP 8,333 13,588
    299 SHARES CARNIVAL CP NEW PAIRED COM 5,899 6,016
    350 SHARES CLOSE BROS GROUP PLC ADR 13,206 13,510
    335 SHARES COCA-COLA EUROPACIFIC PARTNERS 15,245 18,667
    129 SHARES CREDICORP LTD 16,293 15,747
    550 SHARES DASSAULT SYSTEMS SA ADS 22,571 32,824
    204 SHARES DBS GROUP HOLDINGS LTD SP 15,694 19,861
    765 SHARES ERSTE GROUP BANK AG SPONS ADR 11,253 18,284
    453 SHARES EXPERIAN GP LTD ADR 18,120 22,337
    907 SHARES FANUC CORPORATION UNSP ADR 20,992 19,310
    371 SHARES HEINEKEN NV SPN ADR 19,863 20,980
    1891 SHARES ING GROEP NV ADR 18,725 26,323
    1190 SHARES KDDI CORP UNSPON ADR 18,145 17,434
    182 SHARES KUBOTA CP ADR 18,774 20,333
    140 SHARES LVMH MOET HENNESSY LOUIS VUITT 16,158 23,170
    2971 SHARES MAGNA INTERNATIONAL INC 21,541 24,039
    369 SHARES MARUICO LTD ADR NEW 14,229 13,881
    895 SHARES NIDEC CORP 24,840 26,411
    167 SHARES NOVARTIS AG ADR 14,532 14,607
    674 SHARES OTSUKA HOLDINGS CO LTD UNS ADR 13,708 12,301
    832 SHARES RECKITT BENCKISER PLC SPNS ADR 15,418 14,560
    553 SHARES RENTOKIL GROUP PLC SP ADR 20,023 22,192
    560 SHARES SAFRAN SA 18,741 17,130
    313 SHARES SONY GROUP CORPORATION ADR 29,299 39,563
    517 SHARES SYMRISE AG UNSPONS ADR 16,994 19,165
    199 SHARES TOTAL S A ADR 12,180 15,333
    296 SHARES UNILEVER PLC (NEW) ADS 17,845 15,922
    257 SHS 1-800-FLOWERS.COM INC 8,008 6,006
    98 SHS ADDUS HOMECARE CORP 9,930 9,164
    55 SHS ASBURY AUTOMOTIVE GROUP INC 10,078 9,500
    129 SHS BELDEN INC 8,331 8,479
    107 SHS BRINKER INTL INC 7,431 3,915
    562 SHS CADENCE BANK 15,715 16,742
    413 SHS ELEMENT SOLUTIONS INC 9,919 10,028
    212 SHS FORMFACTOR INC 8,205 9,693
    73 SHS INSTALLED BLDG PRODS INC 9,482 10,200
    343 SHS LANTHEUS HLDGS INC 9,455 9,909
    189 SHS MILLERKNOLL INC 8,423 7,407
    70 SHS MODIVCARE INC 8,935 10,380
    79 SHS PERFICIENT INC 4,741 10,214
    161 SHS POTLATCHDELTIC CORP 8,682 9,695
    260 SHS SELECTQUOTE INC 7,512 2,356
    134 SHS SKYLINE CORP 5,827 10,583
    104 SHS SYNEOS HEALTH INC CL A 10,567 10,679
    294 SHS UNITED BANKSHARES INC W VA 11,658 10,666
    4 SHS ALBEMARLE CORPORATION 925 935
    25 SHS AMERICOLD RLTY TR COM 884 820
    17 SHS AVIENT CORPORATION 817 951
    12 SHS BRUKER CORPORATION 982 1,007
    4 SHS CAESARS ENTERTAINMENT INC NEW 411 374
    9 SHS CATERPILLAR INC 1,881 1,861
    5 SHS CHENIERE ENERGY INC 363 507
    65 SHS CONSOLIDATED EDISON INC 4,701 5,546
    40 SHS CSX CORP 1,397 1,429
    16 SHS DARDEN RESTAURANTS 2,190 2,410
    49 SHS DELL TECHNOLOGIES INC CL C 2,634 2,752
    7 SHS ELI LILLY & CO 1,453 1,934
    36 SHS FIFTH 3RD BANCORP OHIO 1,585 1,568
    86 SHS GENERAL MTRS CO 5,143 5,042
    21 SHS HILTON WORLDWIDE HLDGS INC 2,646 3,276
    51 SHS HOLLYFRONTIER CORP COM 1,547 1,672
    25 SHS JOHNSON CTLS INTL PLC 1,748 2,033
    199 SHS KROGER CO 7,877 9,007
    7 SHS KENDRYL HOLDINGS INC 179 127
    34 SHS LOWES COMPANIES INC 6,478 8,788
    14 SHARES MARRIOTT INTL INC NEW CL A 1,985 2,313
    119 SHS META PLATFORMS INC CL A 20,723 40,026
    6 SHARES MODERNA INC 2,613 1,524
    485 SHARES NOV INC 5,874 6,572
    55 SHARES ONEOK INC 2,956 3,232
    1 SHARE ORGANON & CO 39 30
    5 SHARES STANLEY BLACK & DECKER INC 979 943
    21 SHARES TARGA RESOURCES CORP 933 1,097
    7 SHARES YUM BRANDS INC 928 972
    497 GLAXOSMITHKLINE PLC ADR 19,294 21,918
    717 SHS MICHELIN COMPAGNIE GENERALE DE 22,158 23,510
    1084 SHS PAN PAC INTL HLDGS ADR 21,189 14,959

    TY 2021 InvestmentsOtherSchedule2
    Name:
    MICHAEL W LOUIS PRIVATE FOUNDATION
    EIN:
    81-3941498
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    S.C. JOHNSON STOCK AT COST 377,064 408,700
    MWL HOLDINGS LIMITED PARTNERSHIP AT COST 3,358 3,683,305
    MICHAEL W. LOUIS COMPANY AT COST 313,803 1,254,860
    EDGBASTON ASIAN EQUITY TRUST FMV 359,197 323,543
    1551 SHARES SPDR S&P 500 ETF TRUST FMV 381,013 736,663
    21403.873 SHARES ARTISAN DEVELOPING WORLD ADV FMV 271,197 472,812
    19554.258 SHARES ARTISAN HIGH INCOME ADV FMV 176,575 195,151
    37422.042 SHARES JOHCM INTERNATIONAL SEL I FMV 620,036 1,125,281
    141559.551 SHARES LORD ABBETT SHT DURATION INC F FMV 588,777 587,472
    3656.487 SHARES T ROWE PRICE INTL DISCOVERY FMV 230,798 307,693
    6537.558 SHARES T ROWE PRICE NEW HORIZONS FUND FMV 297,356 502,150
    68616.720 SHARES TIAA CREF CORE IMPACT BD ADV FMV 744,165 724,593
    CCM COMMUNITY IMPACT BD INST FMV 768,973 752,491

    TY 2021 LegalFeesSchedule
    Name:
    MICHAEL W LOUIS PRIVATE FOUNDATION
    EIN:
    81-3941498
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BELL & ANDERSON LLC 7,959 7,959   0


    TY 2021 OtherDecreasesSchedule
    Name:
    MICHAEL W LOUIS PRIVATE FOUNDATION
    EIN:
    81-3941498
    Description Amount
    MORGAN STANLEY 2021 DIVIDENDS REC'D IN 2022 7,334
    EDGBASTON ASIAN EQUITY TRUST - NONDEDUCTIBLE EXPENSES 24
    NON-DIVIDEND DISTRIBUTIONS - BASIS ADJUSTMENTS 582
    COST BASIS ADJUSTMENTS - 2021 WASH SALES 71


    TY 2021 OtherExpensesSchedule
    Name:
    MICHAEL W LOUIS PRIVATE FOUNDATION
    EIN:
    81-3941498
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MWL HOLDINGS LP 2,430 2,430   0
    EDGBASTON ADVISORY FEES 4,053 4,053   0
    MWL COMPANY - OTHER EXPENSES 27,115 27,115   0
    MORGAN STANLEY 816 ADR FEES 628 628   0


    TY 2021 OtherIncomeSchedule2
    Name:
    MICHAEL W LOUIS PRIVATE FOUNDATION
    EIN:
    81-3941498
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EDGBASTON ASIAN EQUITY 56 56 56


    TY 2021 OtherIncreasesSchedule
    Name:
    MICHAEL W LOUIS PRIVATE FOUNDATION
    EIN:
    81-3941498
    Description Amount
    MORGAN STANLEY 2020 INCOME REC'D IN 2021 9,077
    MORGAN STANLEY #262 - NONDIVIDEND DISTRIBUTIONS 388
    MORGAN STANLEY #594 - NONDIVIDEND DISTRIBUTIONS 398


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    MICHAEL W LOUIS PRIVATE FOUNDATION
    EIN:
    81-3941498
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 71,738 71,738   0


    TY 2021 TaxesSchedule
    Name:
    MICHAEL W LOUIS PRIVATE FOUNDATION
    EIN:
    81-3941498
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES-EDGBASTON 1,147 1,147   0
    FOREIGN TAXES - MORGAN STANLEY 3,036 3,036   0
    2020 990PF TAXES 10,959 0   0
    2021 990-T ESTIMATED TAXES 25,662 0   0
    2021 990PF ESTIMATED TAXES 18,760 0   0