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
KELBEN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)100 EAST WISCONSIN AVENUE 2280
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI53202
A Employer identification number

39-1494625
B Telephone number (see instructions)

(414) 236-6223
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$70,185,859J 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) 9,921,150
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 994,767 994,767  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,994,968
b Gross sales price for all assets on line 6a 21,481,553
7 Capital gain net income (from Part IV, line 2)... 5,994,968
8 Net short-term capital gain.........  
9 Income modifications........... 38,658
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 984,538 3,947  
12 Total. Add lines 1 through 11........ 17,895,423 6,993,682 38,658
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 50,000 0   50,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 7,500 0   7,500
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest............... 11,308 11,308   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 104,690 12,960   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 4,248 0  
20 Occupancy.............. 29,423 14,711   14,712
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 262,158 134,242   64,645
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 469,327 173,221   136,857
25 Contributions, gifts, grants paid....... 2,569,155 2,569,155
26 Total expenses and disbursements. Add lines 24 and 25 3,038,482 173,221   2,706,012
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,856,941
b Net investment income (if negative, enter -0-) 6,820,461
c Adjusted net income (if negative, enter -0-)... 38,658
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.............      
2 Savings and temporary cash investments......... 1,404,946 2,756,346 2,756,346
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) 32,522 0 0
b Investments—corporate stock (attach schedule)....... 23,914,523 Click to see attachment28,085,782 43,447,694
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).......... 12,093,648 Click to see attachment15,445,853 23,956,404
14 Land, buildings, and equipment: basis bullet50,049
Less: accumulated depreciation (attach schedule) bullet26,134 28,163 Click to see attachment23,915 23,915
15 Other assets (describe bullet) Click to see attachment1,500 Click to see attachment1,500 Click to see attachment1,500
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 37,475,302 46,313,396 70,185,859
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 37,475,302 46,313,396
30 Total liabilities and net assets/fund balances (see instructions). 37,475,302 46,313,396
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
37,475,302
2
Enter amount from Part I, line 27a .....................
2
14,856,941
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
8,510,551
4
Add lines 1, 2, and 3 ..........................
4
60,842,794
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
14,529,398
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
46,313,396
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES - SCHWAB 5664      
b PUBLICLY TRADED SECURITIES - SCHWAB 8246      
c PUBLICLY TRADED SECURITIES - BAIRD      
d FROM SCHEDULES K-1 P    
e 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 902,149   742,373 159,776
b 149,615   150,392 -777
c 19,942,296   15,275,786 4,666,510
d       681,966
e 487,493     487,493
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       159,776
b       -777
c       4,666,510
d       681,966
e       487,493
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 5,994,968
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 94,804
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 94,804
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 95,000
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 95,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1,137
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 941
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
    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 ofbulletTED D AND MARY KELLNER Telephone no.bullet (414) 236-6223

    Located atbullet100 E WISCONSIN AVENUE SUITE 2280MILWAUKEEWI ZIP+4bullet53202
    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)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
    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)
     
    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
    MARY T KELLNER PRES, TREAS, DIRECTOR
    25.00     		0 0 0
    5112 WEST HIGHLAND ROAD
    MEQUON,WI53092
    TED D KELLNER V PRES, SECRETARY, DIRECTO
    20.00     		0 0 0
    5112 WEST HIGHLAND ROAD
    MEQUON,WI53092
    LAURA KELLNER LUECK DIRECTOR
    15.00     		25,000 0 0
    13140 GREEN BAY AVENUE
    MEQUON,WI53097
    KRISTIN KELLNER SCHULTZ DIRECTOR
    15.00     		25,000 0 0
    6070 NORTH HIGHWAY 83
    HARTLAND,WI53029
    JACK T KELLNER DIRECTOR
    5.00     		0 0 0
    1344 ALABAMA STREET APT A
    SAN FRANCISCO,CA94110
    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
    JODY L RECKARD ACCOUNTING,FINANCIAL ADMINISTRATIVE MGMT 66,374
    1932 MAPLE ROAD
    GRAFTON,WI53024
    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
    38,602,569
    b
    Average of monthly cash balances.......................
    1b
    2,080,646
    c
    Fair market value of all other assets (see instructions)................
    1c
    23,981,819
    d
    Total (add lines 1a, b, and c).........................
    1d
    64,665,034
    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
    64,665,034
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    969,976
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    63,695,058
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,184,753
    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
    3,184,753
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    94,804
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    94,804
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,089,949
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    38,658
    5
    Add lines 3 and 4............................
    5
    3,128,607
    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
    3,128,607
    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 3,128,607
    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...... 113,386
    b From 2017......  
    c From 2018...... 875,829
    d From 2019...... 3,311,076
    e From 2020...... 2,809,946
    f Total of lines 3a through e ........ 7,110,237
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,706,012
    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..... 2,706,012
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 422,595 422,595
    (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 6,687,642
    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 ......     		6,687,642
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 566,620
    c Excess from 2019.... 3,311,076
    d Excess from 2020.... 2,809,946
    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).)
    MARY T KELLNER
    TED D KELLNER
    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:
    MARY KELLNER
    100 EAST WISCONSIN AVE 2280
    MILWAUKEE,WI53202
    (414) 236-6223
    bThe form in which applications should be submitted and information and materials they should include:
    KELBEN SCHOLARSHIP APPLICATION FORM, HIGH SCHOOL TRANSCRIPT, MINIMUM OF TWO LETTERS OF RECOMMENDATION.
    cAny submission deadlines:
    MARCH 15, 2021 MARCH 15, 2021
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    FOR SCHOLARSHIPS, STUDENT MUST MEET GRADE POINT AVERAGE AS DETAILED IN APPLICATION, DEMONSTRATE NEED FOR FINANCIAL ASSISTANCE, RESIDE IN THE CITY OF MILWAUKEE, PLANNING TO ATTEND ACCREDITED FOUR-YEAR COLLEGE AS A FULL-TIME STUDENT.
    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
    AARON SIMMONS
    3066 N 2ND ST
    MILWAUKEE,WI53212     		  I TUITION 1,500
    ABRIL RODRIGUEZ
    2330 S 6TH ST FL2
    MILWAUKEE,WI532154736     		  I TUITION 1,000
    ADEN VUE
    5126 N 108TH ST
    MILWAUKEE,WI53225     		  I TUITION 1,000
    ADRIAN VALDES
    2530 S 31ST ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    ADRIANNA KIRK
    8624 W HAMPTON AVE
    MILWAUKEE,WI532254924     		  I TUITION 2,000
    AIDEN RUIZ
    2125 S 30 ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    AIXA BARRIOS
    3333 S CLEMENT AVE APT 35
    MILWAUKEE,WI53207     		  I TUITION 1,500
    ALANNA BURNS
    720 S ELM GROVE RD
    BROOKFIELD,WI53005     		  I TUITION 4,974
    ALEX VANG
    1903 N 34TH ST
    MILWAUKEE,WI53208     		  I TUITION 1,000
    ALEXANDER RYCKMAN
    5632 N 96TH STR
    MILWAUKEE,WI53225     		  I TUITION 1,000
    ALEXANDRA MORENO ROMERO
    2039 S 26TH ST
    MILWAUKEE,WI53204     		  I TUITION 2,000
    ALYCIA BERETE
    6537 N FRESNO ST
    MILWAUKEE,WI53224     		  I TUITION 1,500
    AMAIRANY MARTINEZ-GONZALEZ
    2938 S 12TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    AMANDA SMITH
    5825 W ELLIOTT CIRCLE
    MILWAUKEE,WI53208     		  I TUITION 1,500
    AMERICA AGUILERA GOMEZ
    1002 S 34TH ST
    MILWAUKEE,WI53215     		  I TUITION 2,000
    A'MIRACLE BRAZIL
    3125 W GALENA ST APT 205
    MILWAUKEE,WI53208     		  I TUITION 1,000
    AN LE
    2108 W EDGERTON AVE
    MILWAUKEE,WI53221     		  I TUITION 1,500
    ANA AGUILERA
    3251 S 11TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    ANA PADILLA RUVALCABA
    3123 W LAKEFIELD DR
    MILWAUKEE,WI53215     		  I TUITION 1,500
    ANALEE MONTIJO
    4107 S 1ST ST
    MILWAUKEE,WI53207     		  I TUITION 1,000
    ANASTASIA MOUA
    2512 N 56TH ST
    MILWAUKEE,WI53210     		  I TUITION 1,500
    ANDREA MONDRAGON
    1645 S 53RD ST
    MILWAUKEE,WI53214     		  I TUITION 1,000
    ANDREA SANDOVAL
    2454 S 11TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    ANGEL AMEZQUITA
    1568 S 22ND ST
    MILWAUKEE,WI53204     		  I TUITION 500
    ANGEL SANDOVAL
    1743 S 21ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    ANGELA YANG
    8212 N 106TH ST
    MILWAUKEE,WI53224     		  I TUITION 1,000
    ANNA THAO
    5825 N 64TH ST
    MILWAUKEE,WI53218     		  I TUITION 2,000
    ANTHONY RODRIGUEZ
    3049 S 55TH ST
    MILWAUKEE,WI53219     		  I TUITION 1,000
    ANTHONY XIONG
    5761 N 98TH ST
    MILWAUKEE,WI53225     		  I TUITION 1,500
    ANYA RAMOS
    3540 W HIGHLAND BLVD
    MILWAUKEE,WI53208     		  I TUITION 1,500
    ANYIAH CHAMBERS
    4500 N 37TH STREET
    MILWAUKEE,WI53209     		  I TUITION 1,500
    ANYIAH LOBLEY
    9212 N 83RD ST
    MILWAUKEE,WI53223     		  I TUITION 1,500
    ARLET NICOLAS
    3902 W ROCHELLE AVE
    MILWAUKEE,WI53209     		  I TUITION 1,500
    ASHLEY TRAN
    1615 S PEARL ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    ATZIRI SANCHEZ
    4034 N 47TH ST
    MILWAUKEE,WI53216     		  I TUITION 1,500
    AYA MAHMOUD
    3077 W GREEN AVE APT C
    MILWAUKEE,WI53221     		  I TUITION 1,500
    BAO NGOC HOANG
    10300 W EDGERTON AVE
    HALES CORNERS,WI53130     		  I TUITION 1,500
    BAO XIONG
    4828 S 23RD ST
    MILWAUKEE,WI53221     		  I TUITION 1,500
    BAWI KIL PAR
    3053 W GREEN AVE
    MILWAUKEE,WI53221     		  I TUITION 1,500
    BELEN SEVILLA
    1549 S 36 ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    BERLIN WELLS
    4709 N 74TH ST
    MILWAUKEE,WI53218     		  I TUITION 1,500
    BLAKE JONES
    7817 N 60TH ST UNIT C
    MILWAUKEE,WI53223     		  I TUITION 1,000
    BREIGENEVE KANKONDE
    2172 S 7TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    BRENDA NARVAEZ
    9223 W NATIONAL AVE
    WEST ALLIS,WI53227     		  I TUITION 500
    BRENDA RODRIGUEZ RANGEL
    2129 S LAYTON BLVD
    MILWAUKEE,WI53215     		  I TUITION 1,000
    BRENDA RODRIGUEZ RANGEL
    2129 S LAYTON BLVD
    MILWAUKEE,WI53215     		  I TUITION 1,000
    BRENNON WELLS
    4709 N 74TH ST
    MILWAUKEE,WI53218     		  I TUITION 1,500
    BRIANNA GUTIERREZ
    3162 S 22ND ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    BRIDGET WAGY
    2414 NORTH 89TH STREET
    WAUWATOSA,WI532261804     		  I TUITION 10,786
    BRIDGET WAGY
    2414 NORTH 89TH STREET
    WAUWATOSA,WI532261804     		  I TUITION 5,080
    BRISSANA NICOLAS
    2435 S 18TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    BRYAN GUERRERO GUZMAN
    2037 S 31ST ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    BUKURU JANINE
    2040 S 13TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    BUTOYI ODETTA
    2040 S 13 ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    CAITLIN ADAIR-ALLEN
    506 W WALNUT ST
    MILWAUKEE,WI53212     		  I TUITION 500
    CAMILLE MARTINEZ IBARRA
    2401 W GRANT ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    CARLOS BELTRAN
    1538 S 22ND ST
    MILWAUKEE,WI53204     		  I TUITION 1,000
    CARMEN MAGANA-VALENCIA
    519 W MAPLE ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    CAROLYN ROSS-STAPLES
    2847 N 36TH ST
    MILWAUKEE,WI53210     		  I TUITION 1,301
    CHA XIONG
    9346 N JOYCE AVE
    MILWAUKEE,WI53224     		  I TUITION 1,500
    CHAIYAPHAT THAO
    6240 N 101 ST
    MILWAUKEE,WI532251502     		  I TUITION 500
    CHANVIPHA THAO
    5172 N 84TH ST
    MILWAUKEE,WI53225     		  I TUITION 1,500
    CHIRAVAT VANG
    4021 W CHEYENNE ST
    MILWAUKEE,WI53209     		  I TUITION 1,500
    CHONSUDA THAO
    1971 S 15TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,000
    CITLALLY CORDOBA
    3456 S 14TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    CLAUDIA ARANDA-BARAJAS
    3141 S 11TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    CONSTANCE YANG
    2435 W WISCONSIN AVE APT 99
    MILWAUKEE,WI53233     		  I TUITION 1,500
    CORY HARRIS
    5845 N 35TH
    MILWAUKEE,WI53209     		  I TUITION 500
    CYNTHIA SOTO-CHAVEZ
    3721 S 5TH PLACE
    MILWAUKEE,WI53207     		  I TUITION 1,500
    DA NI AYE LAH
    3534 N 80TH ST
    MILWAUKEE,WI53222     		  I TUITION 1,500
    DAEQUAN MUIRHEAD
    3544 N 26TH ST
    MILWAUKEE,WI53206     		  I TUITION 1,500
    DAIJANE SMITH
    7036 W ACAICA
    MILWAUKEE,WI53223     		  I TUITION 1,500
    DAISHANELL THOMAS
    3718 N 51ST BLVD
    MILWAUKEE,WI53216     		  I TUITION 4,974
    DANA RAMIREZ
    1421 W MADISON ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    DANIEL ORTEGA MORAN
    2843 S 15TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    DANIELA CASTORENA DE LEON
    1532 S COMSTOCK AVE
    MILWAUKEE,WI53204     		  I TUITION 1,000
    DARRYL JACKSON
    2765 N 70TH ST
    MILWAUKEE,WI53210     		  I TUITION 1,500
    DARYL BURNS JR
    720 S ELM GROVE RD
    BROOKFIELD,WI53005     		  I TUITION 1,141
    DARYL BURNS JR
    720 S ELM GROVE RD
    BROOKFIELD,WI53005     		  I TUITION 494
    DARYL BURNS JR
    720 S ELM GROVE RD
    BROOKFIELD,WI53005     		  I TUITION 2,534
    DAVIDI ALEPEMBWE
    2435 N 38TH ST
    MILWAUKEE,WI53210     		  I TUITION 1,500
    DEDE EKUE
    9528 W LISBON AVE
    MILWAUKEE,WI53222     		  I TUITION 1,000
    DIAMOND LYNN
    5943 N 73RD ST
    MILWAUKEE,WI53218     		  I TUITION 1,500
    DIANA HERNANDEZ GUADALUPE
    7833 N 80TH ST
    MILWAUKEE,WI53223     		  I TUITION 1,500
    DIEGO RUBALCAVA
    2731 W BURNHAM ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    DILAN CASTILLO VENTURA
    1316 W EUCLID AVE
    MILWAUKEE,WI53215     		  I TUITION 1,000
    DUANGCHANVANG SAYAOVONG
    4469 N 71ST ST
    MILWAUKEE,WI53218     		  I TUITION 1,500
    DULCE CHAIDEZ
    2914 N 14 ST
    MILWAUKEE,WI53206     		  I TUITION 1,000
    DULCE VILLEGAS
    2684 S 9TH PL
    MILWAUKEE,WI53215     		  I TUITION 1,500
    DWIGHT TURNER
    4284 N 25TH ST
    MILWAUKEE,WI53209     		  I TUITION 1,500
    EDGAR PADILLA-CABRERA
    8731 W OKLAHOMA AVE UNIT B
    MILWAUKEE,WI53227     		  I TUITION 1,500
    EDWARD VARGAS
    2110 S 17TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    EDWIN CHIQUITO JACOME
    2130 W LINCOLN AVE
    MILWAUKEE,WI53215     		  I TUITION 1,000
    ELIANNA REYES
    157 W ALLERTON AVE
    MILWAUKEE,WI53207     		  I TUITION 1,000
    ELIZABETH GRISAR
    2016 17TH AVE
    GRAFTON,WI53024     		  I TUITION 1,000
    ELMA RUIZ GUZMAN
    732 W MADISON ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    ELMA RUIZ GUZMAN
    732 W MADISON ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    EMILIO FERNANDEZ
    4374 S TAYLOR AVE
    MILWAUKEE,WI532075226     		  I TUITION 1,000
    EMILIO MUNOZ
    1815 S 12TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    EMILY WAGY
    2414 NORTH 89TH STREET
    WAUWATOSA,WI532261804     		  I TUITION 4,805
    EMMA SOTO ANDRADE
    1442 S 36TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    ERIANA STUBBS
    6516 N 81ST ST
    MILWAUKEE,WI53223     		  I TUITION 500
    ERIK JUAREZ-LUCAS
    7950 N EDGEWORTH DR
    MILWAUKEE,WI53223     		  I TUITION 500
    ERVIN HERNANDEZ
    3180A S 30TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    ETHAN HER
    8149 W MURIEL PLACE
    MILWAUKEE,WI53218     		  I TUITION 1,500
    ETHAN VANG
    5412 W SPRING LANE
    MILWAUKEE,WI53223     		  I TUITION 1,500
    EVAN XIONG
    6918 W ACACIA ST
    MILWAUKEE,WI53223     		  I TUITION 1,500
    EVELYN DURAN
    3663 S 18TH ST
    MILWAUKEE,WI53221     		  I TUITION 1,500
    EVELYN RAMIREZ MONTES
    2819 S 11TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    EVER PENA LAGUNES
    901 S 21ST ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    FABIOLA PEREZ CHAVEZ
    2105 S 34TH ST
    MILWAUKEE,WI53215     		  I TUITION 2,000
    FANTASY VANG
    2835 N 29TH ST
    MILWAUKEE,WI53210     		  I TUITION 1,500
    FARDOWSO SHIDAD
    1540 W CHERRY ST
    MILWAUKEE,WI53205     		  I TUITION 1,500
    FARDOWSO SHIDAD
    1540 W CHERRY ST
    MILWAUKEE,WI53205     		  I TUITION 1,089
    FARHIYA ADEN
    4588 S 20TH ST APT 4
    MILWAUKEE,WI53221     		  I TUITION 1,500
    FENSY RODRIGUEZ BENZO
    1710 S LAYTON BLVD
    MILWAUKEE,WI53215     		  I TUITION 500
    FRANCIS FAYE
    8604 W GRANTOSA DR
    MILWAUKEE,WI53225     		  I TUITION 1,500
    FREDY SILVA
    2471 S 44TH ST APT 2
    MILWAUKEE,WI53219     		  I TUITION 1,500
    FRESIA LOPEZ
    3376 S 15TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    GABRIEL GUZMAN-SOTO
    5902 W SIEGFRIED PL
    MILWAUKEE,WI53214     		  I TUITION 500
    GABRIELLE GOODING
    6604 N 56TH ST
    MILWAUKEE,WI53223     		  I TUITION 1,000
    GADAH ABDULJALIL
    2234 W BRIDGE ST
    MILWAUKEE,WI53221     		  I TUITION 1,500
    GER LOR
    1915 N 33RD ST
    MILWAUKEE,WI53208     		  I TUITION 1,500
    GER VANG
    2203 N 32ND ST
    MILWAUKEE,WI53208     		  I TUITION 1,000
    GISELLA HERNANDEZ
    3445 S 15TH PL
    MILWAUKEE,WI53215     		  I TUITION 1,500
    GRACE XIONG
    10940 W HAMPTON AVE
    MILWAUKEE,WI53225     		  I TUITION 1,000
    GRACE XIONG
    10940 W HAMPTON AVE
    MILWAUKEE,WI53225     		  I TUITION 1,000
    GRACE YANG
    9100 N 86TH ST
    MILWAUKEE,WI53224     		  I TUITION 1,000
    GRANT XIONG
    10940 W HAMPTON AVE
    MILWAUKEE,WI53225     		  I TUITION 2,000
    HALIMA MOHAMED
    1452 N 38TH ST
    MILWAUKEE,WI53208     		  I TUITION 1,000
    HALLE COOPER
    2856 N 9TH ST
    MILWAUKEE,WI53206     		  I TUITION 1,500
    HANNAH WALLACE
    1951 N 19TH ST
    MILWAUKEE,WI53205     		  I TUITION 1,500
    IANG TIAL
    3840 S 43RD ST APT 11
    MILWAUKEE,WI53220     		  I TUITION 1,000
    IMAN SNOBAR
    721 W GRANGE AVE APT 202
    MILWAUKEE,WI53221     		  I TUITION 1,500
    IRISMARIE ANTE
    1105 S 24TH ST
    MILWAUKEE,WI53204     		  I TUITION 2,000
    IRVIN MORALES
    6329 W VERONA CT
    MILWAUKEE,WI53219     		  I TUITION 500
    ISAAC ALVARADO
    1543 A S 13 ST
    MILWAUKEE,WI53204     		  I TUITION 1,000
    ISMAEL TINAJERO
    3249 S SPRINGFIELD AVE
    MILWAUKEE,WI53207     		  I TUITION 4,379
    ISRAA ELSHAKRA
    3301 W RUSKIN ST
    MILWAUKEE,WI53215     		  I TUITION 2,000
    ISRAEL URENA
    3818 E SQUIRE AVE
    CUDAHY,WI53110     		  I TUITION 500
    IZABELLA OQUENDO
    3029 S 6TH ST
    MILWAUKEE,WI53215     		  I TUITION 500
    JACOB ALEKNAVICIUS
    1925 PARK LANE
    GRAFTON,WI53024     		  I TUITION 1,000
    JACOB THAO
    6656 N 78TH ST
    MILWAUKEE,WI53223     		  I TUITION 1,000
    JACOB URGELL REYES
    2912 S 9TH PL
    MILWAUKEE,WI53215     		  I TUITION 1,000
    JACQUELINE ROSAS
    800 S 37TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    JADIUS MCGHEE
    8710 W DALLAS ST
    MILWAUKEE,WI53224     		  I TUITION 1,500
    JAHAZIEL RAMIREZ
    1242 S 28TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    JAHIR GUADARRAMA
    2161 S 33RD ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    JAIME SEPULVEDA
    938 S35TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    JAINELYZ LOPEZ
    2248A S 17TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    JAMES GLENN
    2214 N 14TH ST
    MILWAUKEE,WI53205     		  I TUITION 1,000
    JANIYA HEARD
    5130 N 85TH ST APT 4
    MILWAUKEE,WI532254273     		  I TUITION 1,000
    JASMIN ALVAREZ
    1976 S 33RD ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    JASMIN AVILA
    1215 S 24TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    JAVIER SANDOVAL ORNELAS
    1971 S 11TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,000
    JAYSON LEMANCZYK
    4701 N 68TH ST
    MILWAUKEE,WI53218     		  I TUITION 1,000
    JAZLYN RAMOS
    2040 S 17TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    JAZMIN GARDUNO
    1974 S 32ND ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    JAZMIN GONZALEZ
    1625 S 37TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    JAZMIN LARA
    2912 W HAYES AVE
    MILWAUKEE,WI53215     		  I TUITION 1,500
    JAZMIN ROMAN RODARTE
    2841 S 33RD ST
    MILWAUKEE,WI53215     		  I TUITION 2,000
    JEIMY VILLA
    1737 S PEARL ST
    MILWAUKEE,WI53204     		  I TUITION 1,000
    JENNA RAMON
    6323A W MITCHELL ST
    WEST ALLIS,WI53214     		  I TUITION 1,000
    JEREMY WALDOCH
    436 S 86TH ST
    MILWAUKEE,WI53214     		  I TUITION 1,000
    JERRY YANG
    5654 N 69TH ST
    MILWAUKEE,WI53218     		  I TUITION 500
    JESENIA RODRIGUEZ
    2667 S 19TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    JESSICA BECERRA MARTINEZ
    1428 S 13TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    JESSICA ORNELAS
    2137 S36TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    JESSICA ROJO JIMENEZ
    2352 S 12TH ST
    MILWAUKEE,WI53215     		  I TUITION 750
    JESUS MANUEL SOTO
    833 W MORGAN AVE
    MILWAUKEE,WI53221     		  I TUITION 1,000
    JOHAN OLIVARES
    3023 S 7TH ST
    MILWAUKEE,WI53215     		  I TUITION 500
    JONAH DIXON
    5716 W BROOKLYN PL
    MILWAUKEE,WI53216     		  I TUITION 2,000
    JONILLIA DAVIS
    6531 N 106TH ST
    MILWAUKEE,WI53224     		  I TUITION 2,000
    JOSE ATILANO
    S 29TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    JOSE ESPEJEL
    3151 S 15 PL
    MILWAUKEE,WI53215     		  I TUITION 1,500
    JOSE NOGUERA
    1143 S 98TH ST
    MILWAUKEE,WI53214     		  I TUITION 1,000
    JOSE SANCHEZ SOTO
    2500 S 34TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    JOSHUA COLIN
    1554 S LAYTON BLVD
    MILWAUKEE,WI532151925     		  I TUITION 1,500
    JOSHUA WILDER
    5161 N 20TH ST
    MILWAUKEE,WI53209     		  I TUITION 1,500
    JULIUS SANCHEZ
    1528 W GREENFIELD AVE
    MILWAUKEE,WI53204     		  I TUITION 1,500
    KA BAO LEE
    9412 W GOODRICH AVE
    MILWAUKEE,WI53224     		  I TUITION 1,500
    KA SHIA KUE
    6819 W CLOVERNOOK ST
    MILWAUKEE,WI53223     		  I TUITION 1,500
    KAMYIAH THOMPSON
    3255 S 45TH ST
    GREENFIELD,WI53219     		  I TUITION 4,472
    KAREN ALFONSO
    2646 S 9TH PL
    MILWAUKEE,WI53215     		  I TUITION 1,000
    KARISMA HART
    2940 S 15TH PL
    MILWAUKEE,WI53215     		  I TUITION 500
    KARLA HERNANDEZ GALVAN
    2171 S 24TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    KAYLA JIMENEZ
    3702 S 34TH ST
    MILWAUKEE,WI53221     		  I TUITION 1,500
    KAYLA ORTEGA
    1624 S 30TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    KAYLA SANTIAGO
    2117 S 18TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    KEISHIA COLON MONTANEZ
    3100 S 24TH STREET
    MILWAUKEE,WI53215     		  I TUITION 2,000
    KELLY ESCOBAR REBOLLEDO
    1808 S 19TH ST
    MILWAUKEE,WI532043127     		  I TUITION 1,500
    KENNADI GREEN
    4914 N 88TH ST
    MILWAUKEE,WI53225     		  I TUITION 500
    KETZYA LOPEZ
    2177 SOUTH 32ND ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    KEVIN ANTONIO-ROMERO
    3011 W ORCHARD ST
    MILWAUKEE,WI53215     		  I TUITION 500
    KEVIN SANCHEZ SANCHEZ
    3542 S 25TH ST
    MILWAUKEE,WI53221     		  I TUITION 1,000
    KISANYAE CALVERT
    4535 N 22ND ST
    MILWAUKEE,WI53209     		  I TUITION 500
    KYLIE SCARLETTA
    2650 S 62ND ST
    MILWAUKEE,WI53219     		  I TUITION 1,000
    KYNJI YANG
    3701 W ROCHELE AVE
    MILWAUKEE,WI53209     		  I TUITION 1,000
    LAIBA WARRAICH
    7820 W OHIO AVE
    MILWAUKEE,WI53219     		  I TUITION 1,500
    LAINA VUE
    6600 N 89TH ST
    MILWAUKEE,WI53224     		  I TUITION 1,500
    LAVNEET CHAWLA
    3121 S 42ND ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    LEAH RUIZ
    2220 N 45TH ST
    MILWAUKEE,WI53208     		  I TUITION 1,500
    LEANNA LO
    7911 W BENDER AVE APT 3
    MILWAUKEE,WI53218     		  I TUITION 1,500
    LEANNE LO
    7911 W BENDER AVE APT 3
    MILWAUKEE,WI53218     		  I TUITION 1,500
    LEE YONG XIONG
    5816 N 78TH ST
    MILWAUKEE,WI53218     		  I TUITION 1,500
    LESLIEANN LOPEZ
    3756 S 15TH ST
    MILWAUKEE,WI53221     		  I TUITION 1,500
    LETZY SANDOVAL
    3220 S 76TH ST
    MILWAUKEE,WI53219     		  I TUITION 1,500
    LEYLANI CORONADO
    1522 N 14TH ST
    MILWAUKEE,WI53205     		  I TUITION 1,500
    LIZBETH AGUILAR
    2678 S 16TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    LIZETH SANCHEZ
    1452 W BARNARD AVE
    MILWAUKEE,WI53221     		  I TUITION 1,500
    LUCIANABELLA MURO
    3053 S 45TH ST
    MILWAUKEE,WI53219     		  I TUITION 1,500
    LUIS AGUILAR DELGADO
    1845 N 60TH ST
    MILWAUKEE,WI53208     		  I TUITION 1,500
    LUIS ANGUIANO
    1574 S 36TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    LYDIA ZAJICHEK
    3454 N 95TH ST
    MILWAUKEE,WI53222     		  I TUITION 2,000
    MACHAELA WASHINGTON-BURRELL
    6032 N 41ST ST
    MILWAUKEE,WI53209     		  I TUITION 2,000
    MAENA YANG
    6217 N 104TH ST
    MILWAUKEE,WI53225     		  I TUITION 500
    MAI KOU LOR
    6459 N LANDERS ST
    MILWAUKEE,WI53223     		  I TUITION 1,000
    MAI LEE XIONG
    6610 W SPOKANE ST
    MILWAUKEE,WI53223     		  I TUITION 1,500
    MAILYN SANTIBANEZ-TANON
    3069 S 31ST ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    MAKAYLA CHA
    7531 N 51ST ST
    MILWAUKEE,WI53223     		  I TUITION 1,500
    MARGARET THOMPSON
    6054 N IRONWOOD LANE
    MILWAUKEE,WI53217     		  I TUITION 1,500
    MARGARITA ROBELO
    1211 S 19TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,000
    MARIA PEREZ
    605 W DAKOTA ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    MARIAM MANIRATANGA
    4133 S BURRELL ST
    MILWAUKEE,WI53207     		  I TUITION 1,500
    MARIANA GUERRERO RODRIGUEZ
    2411 W MINERAL ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    MARIANA LOPEZ-MIRELES
    5828 W SCOTT ST
    WEST ALLIS,WI53214     		  I TUITION 1,500
    MARIANA MARCELINO
    2960 S 14TH ST
    MILWAUKEE,WI53215     		  I TUITION 500
    MARIANNA THOMAS
    8902 W HAMPTON AVE
    MILWAUKEE,WI53225     		  I TUITION 1,000
    MARIBEL LOPEZ
    3024 S 14TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    MARIELA GORDIANO
    2144 S 32ND ST LOWER
    MILWAUKEE,WI53215     		  I TUITION 1,000
    MARKAYLA VARNER
    5070 N 62ND ST
    MILWAUKEE,WI53218     		  I TUITION 1,000
    MARLENE HERNANDEZ
    2362 S 33RD ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    MAXIMILIANO ALFARO
    2061 S 30TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    MAYA FIELDS
    4062 N 83RD ST
    MILWAUKEE,WI53222     		  I TUITION 1,500
    MEGAN BALKE
    120 N 79TH ST
    MILWAUKEE,WI53213     		  I TUITION 1,000
    MELISSA PACHECO
    2454 S 9TH PL
    MILWAUKEE,WI53215     		  I TUITION 1,500
    MENG MOUA
    8137 W WINFIELD AVE
    MILWAUKEE,WI53218     		  I TUITION 1,500
    MERCEDES RZEPKOWSKI
    4406 S TAYLOR AVE
    MILWAUKEE,WI53207     		  I TUITION 1,500
    MIA MORRISON
    318 EAST DEWEY PL
    MILWAUKEE,WI53207     		  I TUITION 500
    MIGUEL BASURTO
    1565 S 5TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,000
    MOHAMED AHMED
    1643 S 5TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    MUHAMMAD AHMED
    2306 W HOWARD AVE
    MILWAUKEE,WI53221     		  I TUITION 1,500
    MWANDJA KALUTA
    1458 N 37TH ST
    MILWAUKEE,WI53208     		  I TUITION 1,500
    MYAUNA WILLIAMS
    3400 N 24TH ST
    MILWAUKEE,WI53206     		  I TUITION 1,500
    MYSONNE JONES
    4727 N PARKWAY AVE
    MILWAUKEE,WI53209     		  I TUITION 1,500
    NADEEN MAHMOUD
    5912 S 27TH ST APT 1
    MILWAUKEE,WI53221     		  I TUITION 1,500
    NADIA CHANEY
    8723 W HELENA ST
    MILWAUKEE,WI53224     		  I TUITION 1,500
    NAHJEE ROBINSON
    9004 N 70TH ST
    MILWAUKEE,WI53223     		  I TUITION 1,000
    NAILEA ESPINO
    1618 S 32ND ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    NANCY ZAGADA GONZALEZ
    2120 W VAN BECK AVE
    MILWAUKEE,WI53221     		  I TUITION 1,500
    NASEEM AHMAD
    7859 N LINK PLACE
    MILWAUKEE,WI53223     		  I TUITION 1,500
    NASHAI HENDERSON
    2215 VEL R PHILLIPS
    MILWAUKEE,WI53202     		  I TUITION 2,901
    NASHAI HENDERSON
    2215 VEL R PHILLIPS
    MILWAUKEE,WI53202     		  I TUITION 55
    NASTASIA WATSON
    1424 E OKLAHOMA
    MILWAUKEE,WI53207     		  I TUITION 1,500
    NATALIE CARDENAS
    3052 S 38TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    NEIDA SANCHEZ RAZN
    3436 S 77TH ST
    MILWAUKEE,WI53219     		  I TUITION 1,000
    NESTOR RUELAS
    2978A S 15TH PLACE
    MILWAUKEE,WI53215     		  I TUITION 1,500
    NIKIE HER
    6247 N 91 ST
    MILWAUKEE,WI53225     		  I TUITION 1,000
    NKAUJ SUA HERR
    8925 W MEQUON RD
    MEQUON,WI53097     		  I TUITION 1,000
    MARIO MENDEZ
    2134 SOUTH 34TH STREET
    MILWAUKEE,WI53215     		  I TUITION 1,000
    NOEMI ALVAREZ
    1526 W CLEVELAND AVE
    MILWAUKEE,WI53215     		  I TUITION 1,500
    NORHASLINDA MOHAMAD ALI
    3174 S 15TH PL
    MILWAUKEE,WI53215     		  I TUITION 1,500
    NTUCHIA LEE
    6920 W DEAN ROAD
    MILWAUKEE,WI53223     		  I TUITION 1,500
    OCTAVIO RIVERA TEMPLOS
    1571 S 5TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    OMARI WILONDJA
    3508 W SARNOW ST
    MILWAUKEE,WI53208     		  I TUITION 2,000
    OSCAR CARRILLO
    3447 S 75TH ST
    MILWAUKEE,WI53219     		  I TUITION 1,500
    OSVALDO BELTRAN VANEGAS
    1122 W SCOTT ST
    MILWAUKEE,WI53204     		  I TUITION 1,000
    PA ZONG CHANG
    1306 N 18TH ST
    MILWAUKEE,WI53205     		  I TUITION 1,500
    PADAWB VANG
    7535 N 51ST ST
    MILWAUKEE,WI532234833     		  I TUITION 1,500
    PASSIONEIR JOHNSON
    3278 N DOUSMAN ST 102
    MILWAUKEE,WI53212     		  I TUITION 500
    PAULA LOPEZ
    933 S 35TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    PAW EH YOUR
    2017 N 39TH ST
    MILWAUKEE,WI53208     		  I TUITION 1,500
    PAW SAY
    2114 N 34TH ST
    MILWAUKEE,WI53208     		  I TUITION 1,500
    PHONG VUE
    4461 N 77TH ST
    MILWAUKEE,WI53218     		  I TUITION 1,000
    PRISCILLA GONZALEZ
    3407 S 16TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    QATADA BANIFADEL
    2241 W CARPENTER AVE
    MILWAUKEE,WI53221     		  I TUITION 1,500
    QUINTASIA SHAW
    5447 N 36TH ST
    MILWAUKEE,WI53209     		  I TUITION 1,500
    QUINTAYSHA BROWN
    416 E LOCUST ST
    MILWAUKEE,WI53212     		  I TUITION 500
    RAE MAE
    3921 N 68TH ST
    MILWAUKEE,WI53216     		  I TUITION 500
    RASHA ALI
    4222 S 51ST 10
    MILWAUKEE,WI53220     		  I TUITION 1,000
    REENA VANG
    8228 W GLENBROOK RD
    MILWAUKEE,WI53223     		  I TUITION 1,500
    REGINA RODRIGUEZ
    6356 W EUCLID AVE
    MILWAUKEE,WI53219     		  I TUITION 1,000
    REIGN RILEY
    3292 N 51ST BLVD
    MILWAUKEE,WI53216     		  I TUITION 1,000
    RIANE NTABALA
    2804 N 44TH ST
    MILWAUKEE,WI53210     		  I TUITION 1,500
    RICKY ALCANTARA HERNANDEZ
    5801 W HOWARD AVE
    MILWAUKEE,WI53220     		  I TUITION 1,000
    RUKIYAH SUROT BASHAR
    4940 S 14TH ST APT 3
    MILWAUKEE,WI53221     		  I TUITION 1,000
    SAFIRE MILLS
    10116 W JONEN
    MILWAUKEE,WI53224     		  I TUITION 500
    SAMANTHA ROJAS
    6120 S 15TH PL
    MILWAUKEE,WI53221     		  I TUITION 1,500
    SAMILA HAKIM
    4263 S 24TH CT
    MILWAUKEE,WI53221     		  I TUITION 1,500
    SANAA RAGHE
    1641 W EDGERTON AVE UNIT M
    MILWAUKEE,WI53221     		  I TUITION 1,000
    SARA LESNIEWSKI
    3756 S 96TH ST
    MILWAUKEE,WI53228     		  I TUITION 1,500
    SARAH ANDERSON
    4130 W PORTAGE ST
    MILWAUKEE,WI53209     		  I TUITION 1,000
    SARIBEL GUEVARA
    2179 S 34TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    SAVANNA YANG
    4357 N 53RD ST
    MILWAUKEE,WI53216     		  I TUITION 1,500
    SEBASTIAN URIBE
    6160 S 6TH ST LOT C8
    MILWAUKEE,WI53221     		  I TUITION 1,500
    SEHIRY SANDOVAL-CARRILLO
    3220 S 76 ST
    MILWAUKEE,WI53219     		  I TUITION 1,500
    SERAIAH LYLE
    5939 N 68TH ST
    MILWAUKEE,WI53218     		  I TUITION 1,500
    SERAIAH LYLE
    5939 N 68TH ST
    MILWAUKEE,WI53218     		  I TUITION 1,500
    SERGIO SOLIS
    923 S 10TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,000
    SHANA BALL
    2207 N 42ND ST
    MILWAUKEE,WI53208     		  I TUITION 500
    SHEILA LEE
    5742 N 78TH ST
    MILWAUKEE,WI53218     		  I TUITION 1,000
    SHERLEAN ROBERTS
    6607 NORTH 84TH ST
    MILWAUKEE,WI53224     		  I TUITION 2,154
    SHERLEAN ROBERTS
    6607 NORTH 84TH ST
    MILWAUKEE,WI53224     		  I TUITION 64
    SHERLEAN ROBERTS
    6607 NORTH 84TH ST
    MILWAUKEE,WI53224     		  I TUITION 3,084
    SHYANN LOR
    4629 N 77TH
    MILWAUKEE,WI53218     		  I TUITION 1,500
    SIENNA BROWN
    2620 S PINE AVE
    MILWAUKEE,WI53207     		  I TUITION 1,500
    SIERRA WILLIAMS
    4854 N 19 PL
    MILWAUKEE,WI53209     		  I TUITION 1,500
    SOFIA RUIZ
    1336 W ARTHUR AVE
    MILWAUKEE,WI53215     		  I TUITION 1,500
    SOLADA THOR
    6655 N 42ND ST
    MILWAUKEE,WI53209     		  I TUITION 1,500
    SOPHIA BROOKS
    5044 N 26TH ST
    MILWAUKEE,WI53209     		  I TUITION 2,000
    STANLEY OZONGWU
    4976 N 48TH ST
    MILWAUKEE,WI53218     		  I TUITION 3,947
    STANLEY OZONGWU
    4976 N 48TH ST
    MILWAUKEE,WI53218     		  I TUITION 500
    STEPHANIE ESEYIN
    2149 N 14TH ST
    MILWAUKEE,WI53205     		  I TUITION 1,500
    STEPHANIE JIMENEZ
    3151 S 11TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    STEPHON RICKS
    2558 N 36TH ST
    MILWAUKEE,WI53210     		  I TUITION 2,000
    SUMAY HER
    7664 N 107 ST
    MILWAUKEE,WI53224     		  I TUITION 1,500
    SUNSHINE YANG
    1939 N 18TH ST
    MILWAUKEE,WI53205     		  I TUITION 1,500
    TA VANG
    1614 N 28TH ST
    MILWAUKEE,WI53208     		  I TUITION 1,500
    TALISSA RODRIGUEZ
    5255 S 22ND ST
    MILWAUKEE,WI53221     		  I TUITION 1,000
    TEMITOPE OSISANLU
    8570 N 107TH ST
    MILWAUKEE,WI53224     		  I TUITION 1,500
    TERESA VELASQUEZ
    910A W MINERAL ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    THA BIE THA
    1438 S 24TH ST
    MILWAUKEE,WI53204     		  I TUITION 1,500
    TRINITY THOMPSON
    3952 N 22 ST
    MILWAUKEE,WI53206     		  I TUITION 1,000
    VAN DEE VUE
    5946 N 75TH ST
    MILWAUKEE,WI53218     		  I TUITION 1,500
    VAN THANG
    2426 W VOGEL AVE
    MILWAUKEE,WI53221     		  I TUITION 1,500
    VANESSA LUND
    2013 S 15TH PL
    MILWAUKEE,WI53204     		  I TUITION 1,000
    VANESSA MORA LOPEZ
    2412 W BECHER ST
    MILWAUKEE,WI53215     		  I TUITION 1,500
    VANG NENG YANG
    3318 W GALENA ST
    MILWAUKEE,WI53208     		  I TUITION 1,000
    VERONICA WASZAK
    3274 S INDIANA AVE
    MILWAUKEE,WI53207     		  I TUITION 1,500
    VIVIAN XIONG
    3805 W HEMLOCK ST
    MILWAUKEE,WI53209     		  I TUITION 1,000
    WENDY LOPEZ
    2529 S 34 ST
    MILWAUKEE,WI532152811     		  I TUITION 500
    WILLIAM DIAZ
    2326 W VERONA CT
    MILWAUKEE,WI53215     		  I TUITION 500
    WILLIAM HOLMES
    2657 N 52ND ST
    MILWAUKEE,WI53210     		  I TUITION 1,500
    WINTER MCCLAIN
    5518 W AUER AVE
    MILWAUKEE,WI53216     		  I TUITION 1,000
    XIOMARA GARCIA
    3019 W LINCOLN AVE
    MILWAUKEE,WI53215     		  I TUITION 1,500
    YAHIR GONZALEZ
    1822 W ARTHUR AVE
    MILWAUKEE,WI53215     		  I TUITION 1,000
    YULIANA GOYENECHE
    2429 S 7TH ST
    MILWAUKEE,WI53215     		  I TUITION 1,000
    ZACHARY SHAYHORN
    1723 S 32ND ST
    MILWAUKEE,WI532152103     		  I TUITION 1,500
    ZAREYHA ROBINSON
    6570A N 104TH ST
    MILWAUKEE,WI532245103     		  I TUITION 1,500
    ZULIANY LOPEZ-RAMOS
    1539 S 3RD ST
    MILWAUKEE,WI53204     		  I TUITION 1,000
    CAPS
    9612 N CRESTWOOD CT
    MEQUON,WI53092     		  EOF EDUCATION/SCHOLARSHIPS 2,000
    THE GATHERING
    804 EAST JUNEAU
    MILWAUKEE,WI53202     		  EOF PROVIDES FREE MEALS 750
    AUDIO & BRAILLE LIBRARY ENHANCEMENT
    803 WEST WELLS STREET
    MILWAUKEE,WI53233     		  EOF AUDIO TAPES FOR BLIND 750
    ACTIVITY DEPARTMENT LASATA CARE CENTER
    W76N677 WAUWATOSA ROAD
    CEDARBURG,WI53012     		  EOF ACTIVITIES FOR ELDERLY 1,000
    MILWAUKEE PBS
    1036 NORTH EIGHTH STREET
    MILWAUKEE,WI53233     		  EOF EDUCATIONAL TELEVISION 500
    AURORA FOUNDATION
    950 N 12TH ST
    MILWAUKEE,WI53233     		  EOF CANCER HEALTH CARE 1,000
    RESURRECTION PRESBYTERIAN CHURCH
    17 S FAIRCHILD STREET
    MADISON,WI53703     		  EOF RELIGIOUS EDUCATION 1,000
    EMPLOY MILWAUKEE
    2342 NORTH 27TH STREET
    MILWAUKEE,WI53210     		  EOF EMPLOYMENT SERVICE 25,000
    FAMILY PROMISE OF OZAUKEE
    124 EAST VANBUREN STREET
    PORT WASHINGTON,WI53074     		  EOF FOOD BANK 1,000
    HISTORIC HAYMARKET MILWAUKEE
    MILWAUKEE PUBLIC MUSEUM
    MILWAUKEE,WI53233     		  EOF EDUCATIONAL MUSEUM 100,000
    UNITY IN MOTION INC
    PO BOX 511131
    MILWAUKEE,WI53203     		  EOF LEADERSHIP EDUCATION 10,000
    LUTHERAN SOCIAL SERVICES
    PO BOX 88868
    MILWAUKEE,WI53288     		  EOF HUMAN SERVICES 15,000
    OZAUKEE FAMILY SERVICES
    885 BADGER CIRCLE
    GRAFTON,WI53024     		  EOF HUMAN SERVICES 5,000
    WISCONSIN HUMANE SOCIETY
    630 W DEKORA STREET
    SAUKVILLE,WI53080     		  EOF CARE FOR ANIMALS 5,000
    REDGEN
    4230 N OAKLAND AVE
    SHOREWOOD,WI53211     		  EOF MENTAL HEALTH SUPPORT 5,000
    ALL-IN MILWAUKEE
    135 W WELLS STREET
    MILWAUKEE,WI53203     		  EOF COLLEGE EDUCATION SUPPORT 5,000
    COLLEGE POSSIBLE
    1515 N RIVERCENTER DRIVE
    MILWAUKEE,WI53212     		  EOF COLLEGE EDUCATION SUPPORT 5,000
    MILWAUKEE HOMELESS VETERANS INITIATIVE
    6300 W NATIONAL AVENUE
    WEST ALLIS,WI53214     		  EOF HUMAN SERVICES FOR VETERANS 3,000
    COMMUNITY PROJECT FOR SENIORS
    3073 S CHASE AVE
    MILWAUKEE,WI53207     		  EOF MEALS FOR SENIORS 3,000
    ST ANN CENTER
    280 E MORGAN AVENUE
    MILWAUKEE,WI53207     		  EOF DAYCARE FOR ALL AGES 2,500
    URBAN ECOLOGY CENTER
    1500 E PARK PLACE
    MILWAUKEE,WI53211     		  EOF ENVIRONMENTAL EDUCATION 2,000
    STARS & STRIPES HONOR FLIGHT
    PO BOX 867
    MENOMONEE FALLS,WI53052     		  EOF SERVICE FOR VETERANS 1,500
    SERENITY INNS
    2825 WEST BROWN STREET
    MILWAUEE,WI53208     		  EOF ADDICTION RECOVERY SERVICEES 500
    FOX POINT LUTHERAN CHURCH
    7510 N SANTA MONICA BLVD
    FOX POINT,WI53217     		  EOF RELIGIOUS EDUCATION 500
    MARKETPLACE
    480 CEDAR STREET
    ST PAUL,MN55101     		  EOF INDEPENDENT JOURNALISM 1,500
    SAN FRANCISCO BICYCLE COALITION
    PO BOX 425969
    SAN FRANCISCO,CA941425959     		  EOF PROMOTES HEALTHY LIVING 1,500
    CHRISTIAN FAMILY SOLUTIONS
    W175 N1120 STONEWOOD DRIVE
    GERMANTOWN,WI53022     		  EOF SOCIAL SERVICE AGENCY 10,000
    DOCTORS WITHOUT BORDERS
    PO BOX 5030
    HAGERSTOWN,MD217415030     		  EOF MEDICAL CARE 9,500
    PLANNED PARENTHOOD FEDERATION
    123 WILLIAMS STREET
    NEW YORK,NY10038     		  EOF MEDICAL CARE 9,000
    THE NATURE CONSERVANCY
    4245 N FAIRFAX DRIVE
    ARLINGTON,VA22203     		  EOF GLOBAL ENVIRONMENTAL PROTECTION 6,000
    NATIONAL FOREST FOUNDATION
    FORT MISSOULA ROAD BLDG 27
    MISSOULA,MT59804     		  EOF ENVIRONMENTAL PROTECTION 5,000
    UNITED WAY OF THE BAY AREA
    PO BOX 741478
    LOS ANGELES,CA900741478     		  EOF NETWORK OF HEALTH AND EDUCATION ORGANIZATIONS 5,000
    IVA RELIEF FUND
    5757 E CENTURY BLVD
    LOS ANGELES,CA90045     		  EOF CORONAVIRUS RELIEF 5,000
    SF COMMUNITY CLINICS
    2720 TAYLOR STREET
    SAN FRANCISCO,CA94133     		  EOF COMMUNITY HEALTHCARE 5,000
    MEDICAL STUDENTS FOR CHOICE
    PO BOX 40188
    PHILADELPHIA,PA19106     		  EOF MEDICAL CARE 3,000
    CALIFORNIA ASSN OF FOOD BANKS
    1624 FRANKLIN STREET
    OAKLAND,CA94612     		  EOF FOOD BANK 3,000
    UC THEATRE PROJECT
    1300 CLAY STREET
    OAKLAND,CA94612     		  EOF COMMUNITY THEATRE ARTS 2,000
    KQED
    2601 MARIPOSA STREET
    SAN FRANCISCO,CA94110     		  EOF EDUCATIONAL TELEVISION 2,000
    CALPIRG CHARITABLE TRUST
    1111 H STREET
    SACRAMENTO,CA95814     		  EOF PUBLIC HEALTH 2,500
    MENTAL HEALTH AMERICA
    600 W VIRGINIA STREET
    MILWAUKEE,WI53204     		  EOF MENTAL HEALTH SUPPORT 5,000
    CARDINAL STRITCH UNIVERSITY
    6801 N YATES ROAD
    MILWAUKEE,WI53217     		  EOF COLLEGE EDUCATION 5,000
    SEEDS OF HEALTH INC
    840 N JACKSON STREET
    MILWAUKEE,WI53202     		  EOF HEALTH AND EDUCATION INNER CITY 5,000
    ROGERS INHEALTH
    34700 VALLEY ROAD
    OCONOMOWOC,WI53066     		  EOF MENTAL HEALTH SUPPORT 3,000
    MILWAUKEE NEIGHBORHOOD NEWS SERVICE
    1131 W WISCONSIN AVENUE
    MILWAUKEE,WI53233     		  EOF INDEPENDENT JOURNALISM 3,000
    SIXTEENTH STREET COMMUNITY HEALTH
    1337 S CESAR CHAVEZ DR
    MILWAUKEE,WI53204     		  EOF COMMUNITY HEALTHCARE 5,000
    CHARLES KUBLY FOUNDATION
    1341 W MEQUON ROAD
    MEQUON,WI53092     		  EOF MENTAL HEALTH SUPPORT 3,000
    COMMUNITY WAREHOUSE
    521 SOUTH NINTH STREET
    MILWAUKEE,WI53204     		  EOF COMMUNITY FURNISHINGS 5,000
    RUNNING REBELS
    1300 W FONDDULAC AVENUE
    MILWAUKEE,WI53205     		  EOF YOUTH MENTORING 5,000
    MARQUETTE UNIVERSITY GENERAL SWIM FUND
    1250 W WISCONSIN AVE
    MILWAUKEE,WI532011881     		  EOF HEALTH AND WELLNESS FUND 5,000
    GRAND AVENUE CLUB
    210 E MICHIGAN STREET
    MILWAUKEE,WI53202     		  EOF MENTAL HEALTH SUPPORT 3,000
    CARDINAL STRITCH UNIVERSITY
    6801 NORTH YATES ROAD
    MILWAUKEE,WI53217     		  EOF GIFT TO COLLEGE 1,500,000
    UNITED WAY OF GREATER MILWAUKEE
    225 W VINE ST
    MILWAUKEE,WI53212     		  EOF VARIOUS UNITED WAY CHARITIES AS DIRECTED BY THE FOUNDATION 286,171
    Total .................................bullet 3a 2,569,155
    bApproved for future payment
    UW FOUNDATION MADISON
    1848 UNIVERSITY AVENUE
    MADISON,WI53726     		  EOF EDUCATION 2,900,000
    GRAFTON SCHOOL DISTRIST
    1900 WASHINGTON STREET
    GRAFTON,WI53024     		  GOV EDUCATION 275,000
    MILWAUKEE SYMPHONY ORCHESTRA FOUNDATION
    212 WEST WISCONSIN AVENUE
    MILWAUEE,WI53203     		  EOF COMMUNITY ARTS 300,000
    NEXT DOOR
    2545 NORTH 29TH STREET
    MILWAUEE,WI53210     		  EOF EARLY CHILDHOOD EDUCATION 75,000
    MILWAUKEE SCHOOL OF ENGINEERING
    1025 NORTH BROADWAY STREET
    MILWAUEE,WI53202     		    COLLEGE STUDENT SCHOLARSHIPS 300,000
    BOYS & GIRLS CLUB OF MILWAUKEE
    1558 NORTH SIXTH STREET
    MILWAUEE,WI53212     		  EOF EDUCATION 600,000
    MEDICAL COLLEGE OF WISCONSIN
    9200 WEST WISCONSIN AVENUE
    MILWAUEE,WI53226     		    MEDICAL RESEARCH 3,200,000
    CHILDRENS HOSPITAL OF WISCONSIN
    9000 WEST WISCONSIN AVENUE
    MILWAUEE,WI53226     		  EOF MEDICAL RESEARACH AND HEALTH CARE 2,000,000
    MACC FUND
    10000 WEST INNOVATION DRIVE UNIT
    135
    WAUWATOSA,WI53226     		    CANCER RESEARCH 800,000
    DR HOWARD FULLER COLLEGIATE ACADEMY
    4030 NORTH 29TH STREET
    MILWAUEE,WI53216     		    EDUCATION 750,000
    MILWAUKEE PUBLIC MUSEUM
    800 WEST WELLS STREET
    MILWAUEE,WI53233     		    EDUCATION 300,000
    Total .................................bullet 3b 11,500,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    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 ............     		    14 5,994,968  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aSCH K-1     		900003   14    
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 7,974,273 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,974,273
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    KELBEN FOUNDATION INC
     
    Employer identification number

    39-1494625
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    KELBEN FOUNDATION INC
          		Employer identification number
    39-1494625
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    WILLIAM NASGOVITZ
    4470 NORTH LAKE DRIVE
     
    SHOREWOOD, WI53211

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    TED AND MARY KELLNER
    100 EAST WISCONSIN AVENUE SUITE 228
     
    MILWAUKEE, WI53202

    		$ 9,383,925


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    TED AND MARY KELLNER
    100 EAST WISCONSIN AVENUE SUITE 228
     
    MILWAUKEE, WI53202

    		$ 300,075


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    FOSTER AND LYNNETTE FRIESS
    PO BOX 1845
     
    JACKSON, WY83001

    		$ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    FIDUCIARY REAL ESTATE DEVELOPMENT
     
    789 NORTH WATER STREET SUITE 200
     
    MILWAUKEE, WI53202

    		$ 120,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    MATT AND JODI BUROW
    5138 BOETTCHER DRIVE
     
    WEST BEND, WI53095

    		$ 10,000


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

    39-1494625
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 TRIBUNE COMPANIES 80,000 SHARES $ 1,409,200 2021-04-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 TRIBUNE COMPANIES 30,000 SHARES $ 521,550 2021-05-11
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 BANK OF AMERICA 3,000 SHARES $ 125,100 2021-06-11
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 CAI INTERNATIONAL 30,000 SHARES $ 1,673,400 2021-08-09
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 ARROW ELECTRONICS 5,000 SHARES $ 603,550 2021-08-25
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 FIRST MIDWEST BANCORP 10,000 SHARES $ 188,000 2021-08-25
    Schedule B (Form 990) (2021)
    Name of organization
    KELBEN FOUNDATION INC
          		Employer identification number

    39-1494625
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 LKO CORPORATION 5,500 SHARES $ 285,945 2021-08-25
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 MOHAWK ENTERPRISES 3,000 SHARES $ 617,100 2021-08-25
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 ULTA BEAUITY 1,500 SHARES $ 568,395 2021-08-25
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 AMG BOSTON GLOBAL 2,578.091 SHARES $ 115,859 2021-09-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 COLUMBIA ACORN 13,080.366 SHARES $ 227,075 2021-09-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 COLUMBIA ACORN INTERNATIONAL 2,524.860 SHARES $ 95,212 2021-09-20
    Schedule B (Form 990) (2021)
    Name of organization
    KELBEN FOUNDATION INC
          		Employer identification number

    39-1494625
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 FRANKLIN MUTUAL Z 2,484.800 SHARES $ 71,761 2021-09-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 JANUS HENDERSON FORTY 2,008.708 SHARES $ 113,733 2021-09-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 J HANCOCK CLASSIC VALUE 2,592.846 SHARES $ 96,584 2021-09-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 LONGLEAF PARTNERS 1,530.521 SHARES $ 38,814 2021-09-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 T ROWE PRICE NEW HORIZON 2,471.563 SHARES $ 237,517 2021-09-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 T ROWE PRICE SMALL CAP 2,301.375 SHARES $ 165,929 2021-09-20
    Schedule B (Form 990) (2021)
    Name of organization
    KELBEN FOUNDATION INC
          		Employer identification number

    39-1494625
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 VIRTUS CEREDEX MID CAP 3,994.273 SHARES $ 56,759 2021-09-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 BOOKING HOLDINGS INC $ 503,238 2021-10-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 FIRST MIDWEST BANCORP 25,500 SHARES $ 492,405 2021-10-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 MGIC INVESTMENT CORP 12,000 SHARES $ 196,440 2021-10-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 MOHAWK INDUSTRIES 1,600 SHARES $ 295,728 2021-10-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 ROYAL CARIBBEAN CRUISES 2,300 SHARES $ 196,903 2021-10-18
    Schedule B (Form 990) (2021)
    Name of organization
    KELBEN FOUNDATION INC
          		Employer identification number

    39-1494625
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 ULTA SALON COSMETICS 1,200 SHARES $ 487,728 2021-10-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    KELBEN FOUNDATION INC
          		Employer identification number

    39-1494625
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


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    TY 2021 DepreciationSchedule
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    OFFICE FURNITURE 2012-06-18 6,983 6,983 SL 7.000000000000 0 0    
    OFFICE FURNITURE 2017-05-04 26,827 13,412 SL 7.000000000000 3,832 0    
    REMODEL 2017-06-13 16,239 1,491 SL 39.000000000000 416 0    

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 19,749,758 33,382,016
    EQUITY MUTUAL FUNDS 8,336,024 10,065,678

    TY 2021 InvestmentsOtherSchedule2
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE INVESTMENTS AT COST 14,778,297 20,352,149
    REAL ESTATE INVESTMENTS AT COST 667,556 3,604,255

    TY 2021 LandEtcSchedule2
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE FURNITURE 6,983 6,983 0  
    OFFICE FURNITURE 26,827 17,244 9,583  
    REMODEL 16,239 1,907 14,332  


    TY 2021 LegalFeesSchedule
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL EXPENSES - D&K 7,500 0   7,500


    TY 2021 OtherAssetsSchedule
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSIT ON OFFICE EQUIPMENT 1,500 1,500 1,500


    TY 2021 OtherDecreasesSchedule
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Description Amount
    STOCK DONATION ADJUSTMENT 14,529,398


    TY 2021 OtherExpensesSchedule
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE SERVICES 115,116 57,558   57,558
    OTHER OFFICE EXPENSES 14,174 7,087   7,087
    DONATIONS - SCH K-1 106 0   0
    OTHER DEDUCTIONS - INVESTMENT EXPENSES 69,597 69,597   0
    OTHER EXPENSES - SCH K-1 UBTI EXP 63,165 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY INCOME - SCH K-1S 281,196 0 281,196
    OTHER INCOME - 1256 4,069 4,069 4,069
    OTHER INCOME - SCH K-1S -122 -122 -122
    1231 INCOME - SCH K-1S 694,201 0 694,201
    OTHER INCOME - K-1S 5,194 0 5,194


    TY 2021 OtherIncreasesSchedule
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Description Amount
    PARTNERSHIP CAPITAL ADJUSTMENTS 8,510,551


    TY 2021 TaxesSchedule
    Name:
    KELBEN FOUNDATION INC
    EIN:
    39-1494625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 91,730 0   0
    STATE TAX 0 0   0
    FOREIGN TAX 12,960 12,960   0