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
KOHLER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)725X WOODLAKE RD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KOHLER, WI53044
A Employer identification number

39-0810536
B Telephone number (see instructions)

(920) 458-1972
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$334,876,601J 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 193 193  
4 Dividends and interest from securities... 5,665,479 5,665,479  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,808,230
b Gross sales price for all assets on line 6a 27,782,877
7 Capital gain net income (from Part IV, line 2)... 8,808,230
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 193,495 282  
12 Total. Add lines 1 through 11........ 14,667,397 14,474,184  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 535,509 0   535,509
15 Pension plans, employee benefits....... 241,489 0   241,489
16a Legal fees (attach schedule)......... Click to see attachment 4,004 0   4,004
b Accounting fees (attach schedule)....... Click to see attachment 22,070 11,035   11,035
c Other professional fees (attach schedule).... Click to see attachment 130,032 97,285   32,747
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 33,816 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 34,010 0   34,010
21 Travel, conferences, and meetings....... 9,454 0   9,454
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,460,424 0   3,460,424
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,470,808 108,320   4,328,672
25 Contributions, gifts, grants paid....... 936,921 11,990,591
26 Total expenses and disbursements. Add lines 24 and 25 5,407,729 108,320   16,319,263
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,259,668
b Net investment income (if negative, enter -0-) 14,365,864
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............. 24,179 32,420 32,420
2 Savings and temporary cash investments......... 5,410 125,316 125,316
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).......      
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).......... 63,458,608 Click to see attachment71,455,875 333,878,865
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet   0 0 840,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 63,488,197 71,613,611 334,876,601
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) Click to see attachment254 Click to see attachment1,083
23 Total liabilities (add lines 17 through 22)......... 254 1,083
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........... 63,487,943 71,612,528
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 63,487,943 71,612,528
30 Total liabilities and net assets/fund balances (see instructions). 63,488,197 71,613,611
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
63,487,943
2
Enter amount from Part I, line 27a .....................
2
9,259,668
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
72,747,611
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,135,083
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
71,612,528
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 670 SHS CAPITAL WORLD BOND FUND F3+      
b 84,465.718 SHS DBX ETF TR X-TRACKERS MSCI EAFE      
c 1,149 SHS DODGE & COX GLOBAL BOND FUND      
d 173,676.031 SHS FIDELITY EMERGING MKTS INDX INSTL PREM      
e 22,109.465 SHS FIDELITY SMALL CAP INDEX FUND      
2,277 SHS FIDELITY US BOND INDEX FUND      
12,055 SHS FRANKLIN TEMPLETON ETF TR FTSE JAPAN      
1839 SHS GUGGENHEIM ULTRA SHORT DURATION INSTL      
45,740.727 SHS INVESCO EQUALLY WEIGHTED S&P 500 R6      
42,551 SHS ISHARES EDGE MSCI INTL MULTIFACTOR      
22,531 SHS ISHARES TR MSCI AC ASIA ETF      
180 SHS ISHARES TD MSCI USA MIN VOL      
15,791 SHS ISHARES TRUST CORE MSCI EAFE ETF      
148 SHS PROSHARES S&P 500 DIVIDEND ARISTOCRATS      
11,881.364 SHS VANGUARD INSTL INDEX INSTL PLUS      
8,992.462 SHS VANGUARD SMALL CAP INDEX INSTL PLUS      
9,824.899 SHS VANGUARD TOTAL INTNL STOCK INDEX INST PLUS      
21,740.025 SHS VANGUARD TOTAL STOCK MARKET INSTL PLUS      
455 SHS VANGUARD ULTRA SHORT TERM BOND ADMIRAL      
(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 13,306   13,889 -583
b 2,919,516   2,253,644 665,872
c 13,202   13,834 -632
d 2,227,626   1,781,916 445,710
e 632,736   620,834 11,902
27,278   27,711 -433
369,201   320,181 49,020
18,243   18,335 -92
3,788,503   2,613,168 1,175,335
1,277,137   1,250,999 26,138
1,976,145   1,176,902 799,243
14,162   13,950 212
1,204,015   830,237 373,778
14,118   13,969 149
4,620,488   2,791,818 1,828,670
2,714,636   1,677,237 1,037,399
1,377,656   1,133,204 244,452
4,565,777   2,413,655 2,152,122
9,132   9,164 -32
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       -583
b       665,872
c       -632
d       445,710
e       11,902
      -433
      49,020
      -92
      1,175,335
      26,138
      799,243
      212
      373,778
      149
      1,828,670
      1,037,399
      244,452
      2,152,122
      -32
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 8,808,230
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........................... 3 199,686
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- ..... 5 199,686
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 33,764
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 270,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 303,764
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 4,178
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 99,900
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet99,900 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWANDA BINTZLER Telephone no.bullet (920) 458-1972

    Located atbullet725X WOODLAKE RDKOHLERWI ZIP+4bullet53044
    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
    Yes
     
    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
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
    Yes
     
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    NATALIE A BLACK PRESIDENT/DIRECTOR
    1.00     		0 0 0
    725X WOODLAKE RD
    KOHLER,WI53044
    JEFF CHENEY VICE PRESIDENT & TREASURER
    1.00     		0 0 0
    725X WOODLAKE RD
    KOHLER,WI53044
    CARLA ROSS SECRETARY/DIRECTOR
    1.00     		0 0 0
    725X WOODLAKE RD
    KOHLER,WI53044
    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
    LAURA ROENITZ EXECUTIVE DIRECTOR
    40.00     		108,499 19,086 0
    725X WOODLAKE RD
    KOHLER,WI53044
    WANDA BINTZLER ACCOUNTING MANAGER
    40.00     		78,572 35,966 0
    725X WOODLAKE RD
    KOHLER,WI53044
    BRIDGITT ZIELKE PROGRAM MANAGER
    40.00     		64,497 38,653 0
    725X WOODLAKE RD
    KOHLER,WI53044
    LIESL RICE ART PRESERVATION MAN
    40.00     		61,281 26,236 0
    725X WOODLAKE RD
    KOHLER,WI53044
    DANIEL SMITH SR. PRESERVATION MAN
    40.00     		57,985 6,182 0
    725X WOODLAKE RD
    KOHLER,WI53044
    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 KOHLER FOUNDATION PROVIDES FOR THE PRESERVATION OF ART AND ARCHITECTURE 3,132,972
    2 KOHLER FOUNDATION PROVIDES FOR THE OPERATION OF THE WAELDERHAUS MUSEUM 142,061
    3 KOHLER FOUNDATION PROVIDES FOR CULTURAL PROGRAMS INCLUDING PLAYS, BALLETS AND MUSICALS 16,386
    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
    330,505,792
    b
    Average of monthly cash balances.......................
    1b
    297,273
    c
    Fair market value of all other assets (see instructions)................
    1c
    840,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    331,643,065
    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
    331,643,065
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    4,974,646
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    326,668,419
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    16,333,421
    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
    16,333,421
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    199,686
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    199,686
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    16,133,735
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    5,550
    5
    Add lines 3 and 4............................
    5
    16,139,285
    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
    16,139,285
    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 16,139,285
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,609,481
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 16,319,263
    a Applied to 2020, but not more than line 2a 1,609,481
    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..... 14,709,782
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,429,503
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KOHLER FOUNDATION - EXEC DIRECTOR
    725X WOODLAKE ROAD
    KOHLER,WI53044
    (920) 458-1972
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS ARE ASKED TO PROVIDE A WRITTEN REQUEST PER THE KOHLER FOUNDATION GRANT GUIDELINES, AVAILABLE ONLINE OR BY REQUEST (920-458-1972). APPLICANTS MUST DEFINE THE PROJECT, SPECIFY THE AMOUNT OF FUNDS NEEDED, HOW MANY PEOPLE WILL BE AFFECTED, TIMING, AND A BRIEF SUMMARY OF THE PROJECT. PROJECT MANAGER CREDENTIALS ARE REQUESTED. COMMON GRANT APPLICATION IS ACCEPTED.
    cAny submission deadlines:
    MARCH 15 AND SEPTEMBER 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE MADE ONLY TO NON-PROFIT INSTITUTIONS WITH 501 (C) 3 STATUS. GEOGRAPHIC PREFERENCE IS SHEBOYGAN COUNTY, WI WITH AN EMPHASIS ON PROGRAMS AND NEW INITIATIVES IN THE ARTS AND EDUCATION. NO GRANTS TO INDIVIDUALS EXCEPT FOR SCHOLARSHIPS TO GRADUATING SENIORS FROM TWELVE SHEBOYGAN COUNTY HIGH SCHOOLS.
    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
    547 ART CENTER
    204 W WISCONSIN AVE
    GREENSBURG,KS67054     		N/A PC ART DONATION - MT LIGGETT 4,058,496
    ABOVE & BEYOND CHILDREN'S MUSEUM
    902 N 8TH STREET
    SHEBOYGAN,WI53081     		N/A PC KINDERMUSIK 2,500
    ABOVE & BEYOND CHILDREN'S MUSEUM
    902 N 8TH STREET
    SHEBOYGAN,WI53081     		N/A PC MUSIC MONDAYS FOR LITTLES 2,500
    AMERICAN PLAYERS THEATRE OF WI INC
    5950 GOLF COURSE ROAD
    SPRING GREEN,WI53588     		N/A PC APT'S WORDS BETWEEN US RESIDENCY FOR RURAL SCHOOLS 4,000
    AMERICAN PLAYERS THEATRE OF WI INC
    5950 GOLF COURSE ROAD
    SPRING GREEN,WI53588     		N/A PC APT MIRRORS AND WINDOWS WORKSHOPS FOR RURAL SCHOOLS 5,000
    ART INSTITUTE OF CHICAGO
    111 S MICHIGAN AVE
    CHICAGO,IL60603     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 9,000
    ART DESIGN & ARCHITECTURE MUSEUM
    552 UNIVERSITY RD
    SANTA BARBARA,CA93106     		N/A PC ART DONATION - JANICE LOWRY 69,200
    ARTS WISCONSIN INC
    BOX 1054
    MADISON,WI53701     		N/A PC CREATE WISCONSIN: ARTS, COMMUNITY, ECONOMY 1,500
    AUBURN UNIVERSITY
    203 MARY MARTIN HALL
    AUBURN,AL36849     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    BELOIT COLLEGE
    700 COLLEGE ST
    BELOIT,WI53511     		N/A PC INDEPENDENT COLLEGE GRANT 25,000
    BIG BROTHERS BIG SISTERS OF SHEBOYGAN COUNTY
    632 N 8TH STREET
    SHEBOYGAN,WI53081     		N/A PC SCHOOL-BASED MENTORING 2,500
    BIG BROTHERS BIG SISTERS OF SHEBOYGAN COUNTY
    632 N 8TH STREET
    SHEBOYGAN,WI53081     		N/A PC MENTOR U (CURRICULUM DEVELOPMENT) 2,500
    BIRMINGHAM MUSEUM OF ART
    2000 REVEREND ABRAHAM WOODS JR BLVD
    BIRMINGHAM,AL35203     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 1,750
    BLACK-AMERICAN COMMUNITY OUTREACH
    2916 S 11TH STREET
    SHEBOYGAN,WI53081     		N/A PC BACO UNITY IN THE COMMUNITY ARTS EDUCATION INITIATIVE 2,500
    BLACK-AMERICAN COMMUNITY OUTREACH
    2916 S 11TH STREET
    SHEBOYGAN,WI53081     		N/A PC MENTORING MINORS TO MIRACLES (M3) 5,000
    BOISE ART MUSEUM
    670 JULIA DAVIS DR
    BOISE,ID83702     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 20,500
    BOOKWORM GARDENS
    1415 CAMPUS DR
    SHEBOYGAN,WI53081     		N/A PC BOOKWORM GARDENS' CLASSROOM YURT + EXPLORATION GARDEN 5,000
    BOSTON COLLEGE
    140 COMMONWEALTH AVE
    CHESTNUT HILL,MA02467     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    BOSTON UNIVERSITY
    881 COMMONWEALTH AVE
    BOSTON,MA02215     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 20,000
    BOYS & GIRLS CLUB OF FOND DU LAC
    PO BOX 562
    FOND DU LAC,WI54936     		N/A PC THE PROJECT LEARN PROGRAM 1,000
    BOYS & GIRLS CLUB OF PORTAGE COUNTY
    941 MICHIGAN AVE
    STEVENS POINT,WI54481     		N/A PC BOYS & GIRLS CLUB - MURAL INSPIRATION ART PROGRAM 1,000
    BOYS & GIRLS CLUBS OF SHEBOYGAN COUNTY
    107 CEDAR STREET
    SHEBOYGAN FALLS,WI53085     		N/A PC 2021-2022 SCHOOL YEAR ARTS PROGRAMMING 2,500
    BOYS & GIRLS CLUBS OF SHEBOYGAN COUNTY
    107 CEDAR STREET
    SHEBOYGAN FALLS,WI53085     		N/A PC CELEBRATING SIGNIFICANT OBSERVANCES THROUGH THE ARTS 3,000
    BRIGHAM YOUNG UNIVERSITY
    A-41 ASB
    PROVO,UT846021014     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    BROWN UNIVERSITY
    BOX 1911
    PROVIDENCE,RI02912     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 16,667
    BUTLER UNIVERSITY
    4600 SUNSET AVENUE
    INDIANAPOLIS,IN46208     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 20,000
    CARLETON COLLEGE
    ONE NORTH COLLEGE STREET
    NORTHFIELD,MN55057     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    CARNEGIE-MELLON UNIVERSITY
    5000 FORBES AVENUE
    PITTSBURGH,PA15213     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    CASE WESTERN RESERVE UNIVERSITY
    10900 EUCLID AVENUE
    CLEVELAND,OH44106     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 19,555
    CEDARBURG ART MUSEUM & SOCIETY INC
    W63N675 WASHINGTON AVE
    CEDARBURG,WI53012     		N/A PC THE HISTORY OF WISCONSIN ART EXHIBITION: A CREATIVE PLACE 1,000
    CHAZEN MUSEUM OF ART
    800 UNIVERSITY AVE
    MADISON,WI53706     		N/A PC ART DONATION - JOHN COLT PAINTINGS AND DRAWINGS 23,250
    COLLEGE OF WILLIAM MARY
    PO BOX 8795
    WILLIAMSBURG,VA23187     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 6,250
    COLORADO STATE UNIVERSITY
    6015 CAMPUS DELIVERY
    FORT COLLINS,CO80523     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    COLUMBIA COLLEGE CHICAGO
    600 S MICHIGAN AVE
    CHICAGO,IL60605     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 6,250
    CONCORDIA UNIVERSITY
    12800 N LAKE SHORE DRIVE
    MEQUON,WI53097     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 15,000
    COVENANT COLLEGE
    14049 SCENIC HIGHWAY
    LOOKOUT MOUNTAIN,GA30750     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    CRYSTAL BRIDGES MUSEUM OF AMERICAN ART
    600 MUSEUM WAY
    BENTONVILLE,AK72712     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 2,750
    DARE TO DREAM THEATRE
    PO BOX 482
    SHEBOYGAN,WI53081     		N/A PC ALL TOGETHER NOW 2,500
    DARE TO DREAM THEATRE
    PO BOX 482
    SHEBOYGAN,WI53081     		N/A PC IMAGINATION ON STAGE SUMMER CAMP 2021 3,000
    DENVER ART MUSEUM
    100 W 14TH AVE PKWY
    DENVER,CO80204     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 46,800
    DEPAUL ART MUSEUM
    935 W FULLERTON AVE
    CHICAGO,IL60614     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 13,150
    DEPAUL UNIVERSITY
    1 E JACKSON BLVD
    CHICAGO,IL60604     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    EDGEWOOD COLLEGE
    1000 EDGEWOOD COLLEGE DRIVE
    MADISON,WI53711     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    ELI & EDYTHE BROAD MUSEUM-MICHIGAN STATE UNIV
    547 E CIRCLE DRIVE
    EAST LANSING,MI48824     		N/A PC ART DONATION - GEORG VIHOS 93,800
    ELON UNIVERSITY
    PO BOX 398
    ELON,NC27244     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    FAMILY RESOURCE CENTER OF SHEBOYGAN COUNTY
    1500 DOUGLAS DRIVE SUITE B
    PLYMOUTH,WI53073     		N/A PC STUDENT AND TEACHER BOOKS FOR LITERACY COUNCIL ADULT ENGLISH LANGUAGE LEARNERS 1,800
    FAMILY RESOURCE CENTER OF SHEBOYGAN COUNTY
    1500 DOUGLAS DRIVE SUITE B
    PLYMOUTH,WI53073     		N/A PC GROWING PARENTS AS TEACHERS PRESENCE IN SHEBOYGAN COUNTY COMMUNITY 2,000
    FENIMORE ART MUSEUM
    5798 NY-80
    COOPERSTOWN,NY13326     		N/A PC ART DONATION - FASANELLA 2021 12,265
    FLORIDA SOUTHERN COLLEGE
    111 LAKE HOLLINGSWORTH DR
    LAKELAND,FL33801     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    FRIENDS OF THE SENIOR ACTIVITI CENTER OF SHEBOYGAN
    828 CENTER AVE
    SHEBOYGAN,WI53081     		N/A PC INTERMEDIATE PAINTING 1,000
    GEARBOX LABS INC
    N2759 HOPEMAN HTS
    HINGHAM,WI53031     		N/A PC SUMMER STEAM STARS 2,500
    GEORGE MASON UNIVERSITY
    44900 UNIVERSITY DRIVE
    FAIRFAX,VA22030     		N/A PC ART DONATION - STELLA WAITZKIN CENTENNIAL 95,200
    GEORGIA INSTITUTE OF TECHNOLOGY
    225 NORTH AVE
    ATLANTA,GA30322     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    GIRL SCOUTS OF MANITOU COUNCIL
    5212 WINDWARD COURT
    SHEBOYGAN,WI53083     		N/A PC GIRL SCOUT SILVER AWARD PROJECT 1,000
    GRAND CANYON UNIVERSITY
    PO BOX 11590
    PHOENIX,AZ85061     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 20,000
    GREEN BAY BOTANICAL GARDENS
    2600 LARSEN ROAD
    GREENBUSH,WI54303     		N/A PC CHILDREN'S GARDEN EXPANSION PROJECT 2,640
    HAMILTON WOOD TYPE & PRINTING MUSEUM INC
    1816 10TH STREET
    TWO RIVERS,WI54241     		N/A PC 2021 WAYZGOOSE ANNUAL CONFERENCE 2,500
    HECKSCHER MUSEUM
    2 PRIME AVE
    HUNTINGTON,NY11743     		N/A PC ART DONATION - STELLA WAITZKIN 2021 155,240
    HELLO HAPPINESS CREATIVITY CENTER INC
    1504 NEW JERSEY AVE
    SHEBOYGAN,WI53081     		N/A PC CLUB HAPPY TEEN PROGRAM 2,000
    HELLO HAPPINESS CREATIVITY CENTER INC
    1504 NEW JERSEY AVE
    SHEBOYGAN,WI53081     		N/A PC STUDIO HAPPY 2,500
    ILLINOIS STATE MUSEUM
    502 S SPRING ST
    SPRINGFIELD,IL62706     		N/A PC ART DONATION - GERDA MEYER BERNSTEIN 69,575
    IOWA STATE UNIVERSITY
    0210 BEARDSHEAR HALL
    AMES,IA50011     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 2,500
    IOWA STATE
    515 MORRILL ROAD
    AMES,IA50011     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 2,500
    JOHN JAY COLLEGE OF CRIMINAL JUSTIC
    524 WEST 59TH STREET
    NEW YORK,NY10019     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 9,320
    JOHN MICHAEL KOHLER ARTS CENTER
    608 NEW YORK AVENUE
    SHEBOYGAN,WI53081     		N/A PC SHEBOYGAN DIVERSITY, EQUITY, INCLUSION, AND BELONGING INITIATIVE 1,000
    JOHN MICHAEL KOHLER ARTS CENTER
    608 NEW YORK AVENUE
    SHEBOYGAN,WI53081     		N/A PC WANDERING WISCONSIN KIOSK FOR THE ART PRESERVE 2,000
    JOHN MICHAEL KOHLER ARTS CENTER
    608 NEW YORK AVENUE
    SHEBOYGAN,WI53081     		N/A PC KFI FELLOWSHIP 10,000
    JOHN MICHAEL KOHLER ARTS CENTER
    608 NEW YORK AVENUE
    SHEBOYGAN,WI53081     		N/A PC OPERATIONS AND PROGRAMS 50,000
    JOHN MICHAEL KOHLER ARTS CENTER
    608 NEW YORK AVENUE
    SHEBOYGAN,WI53081     		N/A PC ART DONATION - SILVIO BARILE SCULPTURES 2,517,771
    KENYON COLLEGE
    105 COLLEGE PARK STREET
    GAMBIER,OH43022     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    KIEL AREA YOUTH THEATRE
    PO BOX 194
    KIEL,WI53042     		N/A PC SUMMER 2021 PRODUCTION 1,000
    KRANNERT MUSEUM AT UNIVERSITY OF ILLINOIS
    500 E PEABODY DR
    CHAMPAIGN,IL61820     		N/A PC ART DONATION - STELLA WAITZKIN 2021 23,428
    LAKELAND UNIVERSITY
    W3718 SOUTH DR
    PLYMOUTH,WI53073     		N/A PC HISPANIC HERITAGE WEEK 1,500
    LAKELAND UNIVERSITY
    W3718 SOUTH DR
    PLYMOUTH,WI53073     		N/A PC OPUS SMMER BRIDGE PROGRAM 1,750
    LAKELAND UNIVERSITY
    W3718 SOUTH DRIVE
    PLYMOUTH,WI53073     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    LAKESHORE CHORALE INC
    PO BOX 36
    SHEBOYGAN FALLS,WI53085     		N/A PC LAKESHORE CHORALE PROJECT PROPOSAL 2,000
    LAWRENCE UNIVERSITY
    711 EAST BOLDT WAY
    APPLETON,WI54911     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 22,500
    LESLIE-LOHMAN ART MUSEUM
    26 WOOSTER ST
    NEW YORK,NY10013     		N/A PC ART DONATION - JOHN SCHACHT 21,200
    LIBERTY UNIVERSITY
    PO BOX 10425
    LYNCHBURG,VA24515     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 15,000
    LIGHTHOUSE RECOVERY COMMUNITY CENTER INC
    721 PARK STREET
    MANITOWOC,WI54220     		N/A PC ART IN RECOVERY 1,000
    LOYOLA UNIVERSITY CHICAGO
    1971 UNIVERSITY BLVD
    LYNCHBURG,VA24515     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    LUBEZNIK CENTER FOR THE ARTS
    101 W 2ND ST 100
    MICHIGAN CITY,IN46360     		N/A PC ART DONATION - ROBERT GRAFTON MURAL 112,019
    MARQUETTE UNIVERSITY
    6339 N SHERIDAN RD
    CHICAGO,IL60660     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    MEDICAL COLLEGE OF WISCONSIN
    PO BOX 1881
    MILWAUKEE,WI53201     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 7,500
    MEMORIAL ART GALLERY U OF ROCHESTER
    500 UNIVERSITY AVE
    ROCHESTER,NY14607     		N/A PC ART DONATION - STELLA WAITZKIN CENTENNIAL 7,000
    MILLER ART MUSEUM
    107 SOUTH 4TH AVENUE
    STURGEON BAY,WI54235     		N/A PC ART DONATION - SALLY DUBACK MOSAIC 30,650
    MILWAUKEE ART MUSEUM
    700 N ART MUSEUM DR
    MILWAUKEE,WI53202     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 500
    MILWAUKEE INSTITUTE OF ART DESIGN
    8701 WATERTOWN PLANK ROAD
    MILWAUKEE,WI53226     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 6,500
    MILWAUKEE SYMPHONY ORCHESTRA
    212 WEST WISCONSIN AVENUE
    MILWAUKEE,WI53203     		N/A PC ART DONATION - ART THRALL COLLECTION 1,500
    MUSEUM OF ARTS AND DESIGN
    2 COLUMBUS CIRCLE
    NEW YORK,NY10019     		N/A PC ART DONATION - DORIAN ZACHAI TEXTILES 23,500
    MUSEUM OF CONTEMPORARY PHOTOGRAPHY
    600 S MICHIGAN AVE
    CHICAGO,IL60605     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 16,200
    MUSEUM OF FINE ART BOSTON
    465 HUNTINGTON AVE
    BOSTON,MA02115     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 90,000
    MUSEUM OF MODERN ART
    11 W 53RD ST
    NEW YORK,NY10019     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 39,500
    MUSEUM OF WISCONSIN ART
    205 VETERANS AVE
    WEST BEND,WI53095     		N/A PC ART DONATION - WRAP ART COLLECTION 41,800
    MUSEUM OF WISCONSIN ART
    205 VETERANS AVENUE
    WEST BEND,WI53012     		N/A PC TEEN EXHIBITION "MYSELF WHEN I AM REA: A TEEN PERSPECTIVE ON IDENTITY" 1,500
    NATIONAL GALLERY OF ART
    CONSTITUTION AVE
    WASHINGTON,DC20565     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 42,000
    NATIONAL INVENTORS HALL OF FAME INC
    3701 HIGHLAND PARK NW
    NORTH CANTON,OH44720     		N/A PC CAMP INVENTION STEM SUMMER PROGRAM IN SHEBOYGAN COUNTY 2,500
    NATIONAL SOCIETY OF COLONIAL DAMES OF AMERICA-STATE OF WI
    1490 AGENCY HOUSE RD
    PORTAGE,WI53901     		N/A PC ACCESSING ARTS AND CULTURE ON THE HISTORICAL LANDSCAPE 1,000
    NORTHWESTERN UNIVERSITY
    273 E ERIE ST
    MILWAUKEE,WI53202     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 12,219
    NOURISH FARMS INC
    100 ALFRED MILEY AVE
    SHEBOYGAN FALLS,WI53085     		N/A PC PLAY IS HEALING 2,500
    OHIO STATE UNIVERSITY
    PO BOX 183248
    COLUMBUS,OH43218     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    OOSTBURG SCHOOL DISTRICT
    410 NEW YORK AVENUE
    OOSTBURG,WI53070     		N/A PC IBAKE, PHASE II 1,000
    OPERA FOR THE YOUNG INC
    6441 ENTERPRISE LN STE 207
    MADISON,WI53719     		N/A PC OPERA FOR THE YOUNGS CINDERELLA IN SHEBOYGAN SCHOOLS 1,500
    OTIS COLLEGE OF ART AND DESIGN
    9045 LINCOLN BLVD
    LOS ANGELES,CA90045     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 2,500
    PECATONICA EDUCATIONAL CHARITABLE FOUNDATION INC
    PO BOX 95
    HOLLANDALE,WI53544     		N/A PC GRANDVIEW WINTER ACADEMY 1,500
    PECATONICA EDUCATIONAL CHARITABLE FOUNDATION INC
    PO BOX 95
    HOLLANDALE,WI53544     		N/A PC GRANDVIEW SUMMER ACADEMY 2,500
    PETER QUINCE PERFORMING CO LTD
    PO BOX 1652
    MANITOWOC,WI54220     		N/A PC "ALL SHOOK UP" SUMMER 2021 PRODUCTION 1,000
    PLAINS MUSEUM
    704 1ST AVE N
    FARGO,ND58102     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 37,678
    PLYMOUTH ART FOUNDATION INC
    520 EAST MILL STREET
    PLYMOUTH,WI53073     		N/A PC NEW ONLINE ART EDUCATION AND VIRTUAL STUDIO 1,000
    PLYMOUTH ART FOUNDATION INC
    520 EAST MILL STREET
    PLYMOUTH,WI53073     		N/A PC OJIBWE CULTURAL PRESENTATION AND BIRCHBARK BASKETRY WORKSHOP 1,500
    RADFORD UNIVERSITY ART MUSEUM
    801 E MAIN ST
    RADFORD,VA24142     		N/A PC ART DONATION - STELLA WAITZKIN 2021 72,498
    RAHR WEST ART MUSEUM
    610 NORTH 8TH STREET
    MANITOWOC,WI54220     		N/A PC ART DONATION - WRAP ART COLLECTION 4,500
    READING & MATH INC
    1200 S WASHINGTON AVE STE 310
    MINNEAPOLIS,MN55415     		N/A PC SUSTAINING WISCONSIN READING CORPS AT JACKSON ELEMENTARY 2,500
    RHODE ISLAND SCHOOL OF DESIGN
    20 WASHINGTON PLACE
    PROVIDENCE,RI02903     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 4,375
    RIPON COLLEGE
    300 WEST SEWARD STEET
    RIPON,WI54971     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    ROCKFORD ART MUSEUM
    711 N MAIN ST
    ROCKFORD,IL61103     		N/A PC ART DONATION - GERDA MEYER BERNSTEIN 32,000
    RUTH PAGE CENTER FOR THE ARTS
    1016 N DEARBORN ST
    CHICAGO,IL60610     		N/A PC ART DONATION - JUDITH ROTH COLLECTION 21,500
    SAILING EDUCATION ASSOCIATION OF SHEBOYGAN INC
    1837 SUPERIOR AVE
    SHEBOYGAN,WI53081     		N/A PC ADAPTIVE BOATING 1,000
    SCHOOL DISTRICT OF RANDOM LAKE
    605 RANDOM LAKE RD
    RANDOM LAKE,WI53075     		N/A GOV WISCONSIN SINGERS OF UW-MADISON EDUCATIONAL WORKSHOP & PUBLIC PERFORMANCE 1,000
    SCOTTSDALE MUSEUM OF CONTEMPORARY ART
    7374 E 2ND ST
    SCOTTSDALE,AZ85251     		N/A PC ART DONATION - JANICE LOWRY 11,100
    SHEBOYGAN COUNTY HISTORICAL RESEARCH CENTER
    518 WATER STREET
    SHEBOYGAN FALLS,WI53085     		N/A PC EDUCATIONAL & OUTREACH PROGRAMMING 3,000
    SHEBOYGAN COUNTY HISTORICAL SOCIETY
    3110 ERIE AVE
    SHEBOYGAN,WI53083     		N/A PC THE WAY WE WORK 2,500
    SHEBOYGAN COUNTY INTERFAITH ORGANIZATION
    1251 GEELE AVENUE
    SHEBOYGAN,WI53083     		N/A PC BRIDGEWAY ARTS & WELLNESS 1,900
    SHEBOYGAN THEATRE CO (SHEBOYGAN AREA SCHOOL DISTRICT)
    607 SOUTH WATER STREET
    SHEBOYGAN,WI53081     		N/A PC ALL THE WORLD'S A STAGE - SUMMER WORKSHOPS 4,700
    SPARKS FOUNDATION
    110 W WYOMISSING AVENUE
    MOHNTON,PA19540     		N/A PC TURNING ELEMENTARY SCHOOL CLASSROOMS INTO STEM LABS 1,500
    ST LOUIS UNIVERSITY
    1 GRAND BLVD
    ST LOUIS,MO63103     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    ST NORBERT COLLEGE
    100 GRANT STREET
    DEPERE,WI45115     		N/A PC ART DONATION - KAREN FITZGERALD COLLECTION 20,800
    ST NORBERT COLLEGE
    100 GRANT STREET
    DEPERE,WI54115     		N/A I EDUCATIONAL SCHOLARSHIP 15,000
    STANFORD UNIVERSITY
    355 GALVEZ STREET
    STANFORD,CA94305     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    STEFANIE H WEILL CENTER FOUNDATION INC
    826 N 8TH ST
    SHEBOYGAN,WI53081     		N/A PC ROSIE REVERE, ENGINEER & FRIENDS - APRIL 12, 2022 5,000
    THE LOUIS ROUND WILSON LIBRARY
    506 WILSON LIBRARY
    CHAPEL HILL,NC27599     		N/A PC ART DONATION - BURK UZZLE PHOTOGRAPHY COLLECTION 3,030,080
    THE TUDE GROUP
    834 VIRGINIA AVENUE
    SHEBOYGAN,WI53081     		N/A PC ARTIST IN RESIDENCE 2,500
    TUSCON MUSEUM OF ART
    140 N MAIN AVE
    TUSCON,AZ85701     		N/A PC ART DONATION - JANICE LOWRY 25,300
    UNIVERSITY OF CHICAGO
    1115 E 58TH STREET
    CHICAGO,IL60637     		N/A I EDUCATIONAL SCHOLARSHIP 3,125
    UNIVERSITY OF DENVER
    2197 S UNIVERSITY BLVD
    DENVER,CO80210     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 15,000
    UNIVERSITY OF IOWA
    2700 UNIVERSITY CAPITOL CENTRE
    IOWA CITY,IA52242     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 2,500
    UNIVERSITY OF MICHIGAN - SCHOOL OF
    515 E JEFFERSON ST
    ANN ARBOR,MI48109     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    UNIVERSITY OF MINNESOTA - TWIN CITI
    106 PLEASANT STREET SE
    MINNEAPOLIS,MN55455     		N/A I EDUCATIONAL SCHOLARSHIP 23,750
    UNIVERSITY OF NEBRASKA
    130 POUND HALL
    LINCOLN,NE68588     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 2,500
    UNIVERSITY OF NORTH CAROLINA SCHOOL
    1533 S MAIN ST
    WINSTONSALEM,NC27127     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 2,188
    UNIVERSITY OF OKLAHOMA
    1000 ASP AVE
    NORMAN,OK73019     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT STREET
    PHILADELPHIA,PA19104     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 36,042
    UNIVERSITY OF ST THOMAS
    2115 SUMMIT AVE
    ST PAUL,MN55105     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    UNIVERSITY OF VIRGINIA
    PO BOX 400204
    CHARLOTEVILLE,VA22904     		N/A I EDUCATIONAL SCHOLARSHIP 10,000
    UNIVERSITY OF WISCONSIN - EAU CLAIR
    PO BOX 5000
    EAU CLAIRE,WI54702     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    UNIVERSITY OF WISCONSIN - GREEN BAY
    2420 NICOLET DRIVE
    GREEN BAY,WI54311     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 2,500
    UNIVERSITY OF WISCONSIN - LACROSSE
    1725 STATE STREET
    LA CROSSE,WI54601     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 2,500
    UNIVERSITY OF WISCONSIN - MADISON
    780 REGENT ST STE
    MADISON,WI53715     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 97,917
    UNIVERSITY OF WISCONSIN - MILWAUKEE
    PO BOX 500
    MILWAUKEE,WI53201     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 9,513
    UNIVERSITY OF WISCONSIN - PLATEVILL
    1 UNIVERSITY PLAZA
    PLATEVILLE,WI53818     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 7,500
    UNIVERSITY OF WISCONSIN - RIVER FAL
    410 S 3RD STREET
    RIVER FALLS,WI54022     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 2,500
    UNIVERSITY OF WISCONSIN - STOUT
    712 SOUTH BROADWAY ST
    MENOMINEE,WI54751     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    UNIVERSITY OF WISCONSIN-MADISON
    800 UNIVERSITY AVENUE
    MADISON,WI53706     		N/A GOV KFI FELLOWSHIP 25,000
    UNIVERSITY OF WISCONSIN-MILWAUKEE
    CHAPMAN HALL 202
    MILWAUKEE,WI53201     		N/A GOV ART DONATION - SALLY DUBACK MOSAIC 35,720
    UNIVERSITY OF WISCONSIN-OSHKOSH
    800 ALGOMA BLVD
    OSHKOSH,WI54901     		N/A GOV ART DONATION - KAREN FITZGERALD COLLECTION 14,775
    UW-MADISON - WISCONSIN INSTITUTE OF DISCOVERY
    330 N ORCHARD ST
    MADISON,WI53715     		N/A PC MARIE CHRISTINE KOHLER FELLOWS 15,000
    UW-PLATTEVILLE FOUNDATION
    PO BOX 254
    PLATTEVILLE,WI53818     		N/A PC GIRLS WHO CODE AND PIONEERING YOUR FUTURE IS STEM CHATTY LIGHT UP CIRCUIT PLAYGROUND EXPRESS MASKS 1,000
    VALPARAISO UNIVERSITY
    1700 CHAPEL DRIVE
    VALPARAISO,IN46383     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    VITERBO UNIVERSITY
    900 VITERBO DRIVE
    LACROSSE,WI54601     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    WADE HOUSE HISTORIC SITE (WISCONSIN HISTORICAL SOCIETY)
    816 STATE STREET
    MADISON,WI53706     		N/A PC 2022 GUEST EXPERIENCE 3,000
    WADE HOUSE HISTORIC SITE
    W7965 STATE HIGHWAY 23
    GREENBUSH,WI53026     		N/A PC HISTORIC CLOTHING FOR INTERPRETIVE STAFF 2,000
    WADE HOUSE HISTORIC SITE
    W7965 STATE HIGHWAY 23
    GREENBUSH,WI53026     		N/A PC HORSE TRANSPORTATION - TRAIL MAINTENANCE 7,000
    WAGNER COLLEGE
    ONE CAMPUS ROAD
    STATEN ISLAND,NY10301     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    WAKE FOREST
    PO BOX 7246
    WINSTONSALEM,NC27109     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 10,000
    WASHINGTON UNIVERSITY IN ST LOUIS
    ONE BROOKINGS DRIVE
    ST LOUIS,MO63130     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 13,750
    WHEATON COLLEGE
    501 COLLEGE AVE
    WHEATON,IL60187     		N/A I INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION 5,000
    WHITNEY MUSEUM OF AMERICAN ART
    99 GANSEVOORT ST
    NEW YORK,NY10014     		N/A PC ART DONATION - BARBARA ROSSI COLLECTION 58,000
    WISCONSIN MUSEUM OF QUILTS & FIBER ARTS INC
    PO BOX 562
    CEDARBURG,WI53012     		N/A PC QUILT NIHON EXHIBIT & PROGRAMMING 710
    WRIGHT ART MUSEUM
    107 SOUTH 4TH AVENUE
    BELOIT,WI53511     		N/A PC ART DONATION - ART THRALL COLLECTION 2,075
    WRIGHT MUSEUM OF ART - BELOIT COLLEGE
    700 COLLEGE ST
    BELOIT,WI53511     		N/A PC ART DONATION - KAREN FITZGERALD COLLECTION 49,600
    Total .................................bullet 3a 11,990,591
    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 ...........     		    14 193  
    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 8,808,230  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS INCOME     		        187,663
    bRECOVERIES OF AMOUNTS TREATED AS DISTRIBUTIONS         5,550
    cMISCELLANEOUS INCOME     14 282  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 14,474,184 193,213
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    14,667,397
    (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.)
    11A MISC. INCOME RELATED TO DISTINGUISHED GUEST SERRIES AND OTHER RECEIPTS
    11B RECOVERY OF AMOUNT TREATED AS DISTRIBUTIONS IN PRIOR YEAR
    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 AccountingFeesSchedule
    Name:
    KOHLER FOUNDATION INC
    EIN:
    39-0810536
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEES 22,070 11,035   11,035

    TY 2021 InvestmentsOtherSchedule2
    Name:
    KOHLER FOUNDATION INC
    EIN:
    39-0810536
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CAPITAL WORLD BOND FUND F3+ FMV 2,548,739 2,548,739
    DODGE & COX GLOBAL BOND FUND FMV 2,577,674 2,577,674
    FIDELITY CASH RESERVES FMV 242,861 242,861
    FIDELITY EMERGING MKTS INDX INSTL PREM FMV 4,653,110 4,653,110
    FIDELITY SMALL CAP INDEX FUND FMV 1,467,127 1,467,127
    FIDELITY US BOND INDEX FUND FMV 5,181,267 5,181,267
    FRANKLIN TEMPLETON ETF TR FTSE JAPAN FMV 793,593 793,593
    GUGGENHEIM ULTRA SHORT DURATION INSTL FMV 3,457,976 3,457,976
    INVESCO EQUALLY WEIGHTED S&P 500 R6 FMV 8,632,496 8,632,496
    ISHARES EDGE MSCI MULTIFACTOR FMV 2,706,080 2,706,080
    ISHARES TD MSCI USA MIN VOL FMV 2,747,358 2,747,358
    ISHARES TR MSCI AC ASIA ETF FMV 4,098,996 4,098,996
    ISHARES TRUST CORE MSCI EAFE ETF FMV 2,572,138 2,572,138
    KOHLER STOCK SERIES A FMV 0 254,549,070
    KOHLER STOCK SERIES B FMV 0 7,873,920
    PROSHARES S&P 500 DIVIDEND ARISTOCRATS FMV 2,760,636 2,760,636
    VANGUARD INSTL INDEX INSTL PLUS FMV 8,994,710 8,994,710
    VANGUARD SMALL CAP INDEX INSTL PLUS FMV 3,016,106 3,016,106
    VANGUARD TOTAL INTNL STOCK INDEX INST PLUS FMV 2,948,989 2,948,989
    VANGUARD TOTAL STOCK MARKET INSTL PLUS FMV 10,326,080 10,326,080
    VANGUARD ULTRA SHORT TERM BOND ADMIRAL FMV 1,729,939 1,729,939

    TY 2021 LegalFeesSchedule
    Name:
    KOHLER FOUNDATION INC
    EIN:
    39-0810536
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 4,004 0   4,004


    TY 2021 OtherDecreasesSchedule
    Name:
    KOHLER FOUNDATION INC
    EIN:
    39-0810536
    Description Amount
    UNREALIZED GAIN/LOSS ON INVESTMENTS 1,135,083


    TY 2021 OtherExpensesSchedule
    Name:
    KOHLER FOUNDATION INC
    EIN:
    39-0810536
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CULTURAL PROGRAM EXPENSES 16,179 0   16,179
    DGS CULTURAL PROGRAMS 206 0   206
    EQUIPMENT EXPENSE 2,426 0   2,426
    INSURANCE - GENERAL 16,579 0   16,579
    MAINT & GROUNDS - WAELDERHAUS 16,715 0   16,715
    MANAGEMENT & GENERAL EXPENSES 11,000 0   11,000
    MEMBERSHIP ADMINISTRATION 3,249 0   3,249
    MISCELLANEOUS EXPENSES 20,602 0   20,602
    POSTAGE 2,341 0   2,341
    PRESERVATION ADMINISTRATIVE EXPENSES 25,431 0   25,431
    PRESERVATION EXPENSES 3,228,584 0   3,228,584
    REPAIR 17,120 0   17,120
    SCHOLARSHIP EXPENSE 4,776 0   4,776
    SERVICE FEES 3,819 0   3,819
    SUPPLIES 10,693 0   10,693
    UTILITIES 17,345 0   17,345
    WAREHOUSE 63,359 0   63,359


    TY 2021 OtherIncomeSchedule2
    Name:
    KOHLER FOUNDATION INC
    EIN:
    39-0810536
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INCOME 187,663   187,663
    RECOVERIES OF AMOUNTS TREATED AS DISTRIBUTIONS 5,550   5,550
    MISCELLANEOUS INCOME 282 282 282


    TY 2021 OtherLiabilitiesSchedule
    Name:
    KOHLER FOUNDATION INC
    EIN:
    39-0810536
    Description Beginning of Year - Book Value End of Year - Book Value
    OTHER LIABILITIES 254 1,083


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    KOHLER FOUNDATION INC
    EIN:
    39-0810536
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    APPRAISAL FEES 32,747 0   32,747
    INVESTMENT MANAGEMENT FEES 97,285 97,285   0


    TY 2021 TaxesSchedule
    Name:
    KOHLER FOUNDATION INC
    EIN:
    39-0810536
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 33,816 0   0