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 06-01-2021 , and ending 05-31-2022
Name of foundation
WIPFLI FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 8010
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WAUSAU, WI544028010
A Employer identification number

20-2901635
B Telephone number (see instructions)

(715) 845-3111
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$1,520,430J 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) 327,623
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 35,303 35,303  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 14,362
b Gross sales price for all assets on line 6a 23,976
7 Capital gain net income (from Part IV, line 2)... 14,362
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 377,288 49,665  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 8,309 8,309   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,455 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 195 0   195
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,959 8,309   195
25 Contributions, gifts, grants paid....... 350,624 350,624
26 Total expenses and disbursements. Add lines 24 and 25 362,583 8,309   350,819
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,705
b Net investment income (if negative, enter -0-) 41,356
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 125,194 35,754 35,754
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 490,246 Click to see attachment347,060 674,233
c Investments—corporate bonds (attach schedule)....... 638,270 Click to see attachment637,910 577,942
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment247,691 232,501
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,253,710 1,268,415 1,520,430
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........... 1,253,710 1,268,415
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,253,710 1,268,415
30 Total liabilities and net assets/fund balances (see instructions). 1,253,710 1,268,415
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
1,253,710
2
Enter amount from Part I, line 27a .....................
2
14,705
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,268,415
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,268,415
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 P 2020-12-15 2021-08-02
b PUBLICLY TRADED SECURITIES P 2018-01-01 2021-08-02
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 8,000   8,290 -290
b 4,100   1,324 2,776
c 11,876     11,876
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -290
b       2,776
c       11,876
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 14,362
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........................... 3 575
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- ..... 5 575
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 2,000
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 2,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,425
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,425 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWI, MN, IL, PA, CA, ID, MT, VA, WA, CO, UT, ME, NH
    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 ofbulletSTEVE SEIDL Telephone no.bullet (715) 845-3111

    Located atbullet500 N 1ST ST SUITE 7000WAUSAUWI ZIP+4bullet54403
    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
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    KEN KORTAS PRESIDENT/DIRECTOR
    0.20     		0 0 0
    10000 INNOVATION DRIVE SUITE 250
    MILWAUKEE,WI53226
    JOHN NIHILL TREASURER/DIRECTOR
    0.20     		0 0 0
    2 W BALTIMORE AVENUE SUITE 210
    MEDIA,PA19063
    JESSICA SCHWANTES VICE PRESIDENT/DIRECTOR
    0.20     		0 0 0
    2501 WEST BELTLINE HIGHWAY STE 401
    MADISON,WI53713
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,600,574
    b
    Average of monthly cash balances.......................
    1b
    48,772
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,649,346
    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
    1,649,346
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    24,740
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    1,624,606
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    81,230
    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
    81,230
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    575
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    575
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    80,655
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    80,655
    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
    80,655
    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 80,655
    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...... 88,275
    b From 2017...... 93,290
    c From 2018...... 110,132
    d From 2019...... 120,803
    e From 2020...... 41,788
    f Total of lines 3a through e ........ 454,288
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 350,819
    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..... 80,655
    e Remaining amount distributed out of corpus 270,164
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 724,452
    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) ...     		88,275
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		636,177
    10 Analysis of line 9:
    a Excess from 2017.... 93,290
    b Excess from 2018.... 110,132
    c Excess from 2019.... 120,803
    d Excess from 2020.... 41,788
    e Excess from 2021.... 270,164
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KEN KORTAS
    10000 INNOVATION DR SUITE 250
    MILWAUKEE,WI53226
    (414) 431-9303
    bThe form in which applications should be submitted and information and materials they should include:
    GRANT APPLICATIONS SHOULD INCLUDE DETAILS ON THE ACTIVITY OR ORGANIZATION FOR WHICH THE SUPPORT IS REQUESTED, THE AMOUNT NEEDED, OTHER SOURCES OF FUNDING, AND DOCUMENTED EXEMPT STATUS OF THE ORGANIZATION.
    cAny submission deadlines:
    NONE SPECIFIED AT THIS TIME
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE SPECIFIED AT THIS TIME
    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
    A SAFE PLACE
    2710 17TH STREET
    ZION,IL60099     		NONE PUBLIC GENERAL FUNDING 500
    ACADEMY OF BASIC EDUCATION
    3462 N BROOKFIELD RD
    BROOKFIELD,WI53045     		NONE PUBLIC GENERAL FUNDING 500
    AICPA FOUNDATION
    PO BOX 52443
    DURHAM,NC27717     		NONE PUBLIC GENERAL FUNDING 5,000
    AIDS FOUNDATION CHICAGO (AFC)
    200 W MONROE ST STE 1150
    CHICAGO,IL60606     		NONE PUBLIC GENERAL FUNDING 50
    ALAMEDA COUNTY COMMUNITY FOOD BANK
    7900 EDGEWATER DRIVE
    OAKLAND,CA94621     		NONE PUBLIC GENERAL FUNDING 200
    AMERICAN CANCER SOCIETY
    250 WILLIAMS ST NW
    ATLANTA,GA30303     		NONE PUBLIC GENERAL FUNDING 106
    AMERICAN FOUNDATION FOR SUICIDE PREVENTION
    120 WALL ST STE 29
    NEW YORK,NY10005     		NONE PUBLIC GENERAL FUNDING 480
    AMERICAN HEART ASSOCIATION
    NATIONAL CENTER 7272 GREENVILLE AVE
    DALLAS,TX75231     		NONE PUBLIC GENERAL FUNDING 105
    AMERICAN LUNG ASSOCIATION
    55 WEST WACKER DR STE 1150
    CHICAGO,IL60601     		NONE PUBLIC GENERAL FUNDING 150
    ASCEND - PAN-ASIAN LEADERS
    160 BROADWAY EAST BLDG 6TH FLOOR
    NEW YORK,NY10038     		NONE PUBLIC GENERAL FUNDING 20,000
    BETA ALPHA PSI ZETA DELTA CHAPTER
    GEORGIA SOUTHERN UNIVERSITY 1332
    SOUTHERN DR
    STATESBORO,GA30458     		NONE PUBLIC GENERAL FUNDING 2,000
    BIG SKY YOUTH EMPOWERMENT
    PO BOX 6757
    BOZEMAN,MT59771     		NONE PUBLIC GENERAL FUNDING 500
    BIRTHRIGHT ISRAEL FOUNDATION
    711 3RD AVE STE 10
    NEW YORK,NY10017     		NONE PUBLIC GENERAL FUNDING 360
    BROWN LEDGE CAMP
    71 BROWN LEDGE RD
    COLCHESTER,VT05446     		NONE PUBLIC GENERAL FUNDING 500
    CAF AMERICA (CHARITIES AID FOUNDATION)
    225 REINEKERS LN STE 375
    ALEXANDRIA,VA22314     		NONE PUBLIC GENERAL FUNDING 73,943
    CANCER RESEARCH INSTITUTE
    29 BROADWAY FLOOR 4
    NEW YORK,NY10006     		NONE PUBLIC GENERAL FUNDING 150
    CARROLL COLLEGE
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE PUBLIC GENERAL FUNDING 1,000
    CARROLL COLLEGE FOUNDATION
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE PUBLIC GENERAL FUNDING 2,500
    CASA OF BROWN COUNTY
    414 E WALNUT ST STE 281
    GREEN BAY,WI54301     		NONE PUBLIC GENERAL FUNDING 250
    CATHOLIC CHARITIES
    2050 BALLENGER AVE STE 400
    ALEXANDRIA,VA22314     		NONE PUBLIC GENERAL FUNDING 500
    CHICAGO VOLUNTEER LEGAL SERVICES FOUNDATION
    33 N DEARBORN ST STE 400
    CHICAGO,IL60602     		NONE PUBLIC GENERAL FUNDING 500
    CHILDREN'S CANCER RESEARCH FUND
    7301 OHMS LN STE 355
    MINNEAPOLIS,MN55439     		NONE PUBLIC GENERAL FUNDING 1,419
    COVENANT HOUSE
    26 ANTOINE ST SW
    GRAND RAPIDS,MI49507     		NONE PUBLIC GENERAL FUNDING 260
    CPA ENDOWMENT FUND OF ILLLINOIS
    950 W JACKSON STREET SUITE 900
    CHICAGO,IL60661     		NONE PUBLIC GENERAL FUNDING 4,000
    CROHN'S & COLITIS FOUNDATION
    411 WESTWOOD DR
    WAUSAU,WI54401     		NONE PUBLIC GENERAL FUNDING 53
    CYN COUNSELING CENTERS (COMMUNITY YOUTH NETWORK)
    18640 W IL RT 120
    GRAYSLAKE,IL60030     		NONE PUBLIC GENERAL FUNDING 500
    DANE COUNTY PARENT COUNCIL
    1740 NORTHPORT DR
    MADISON,WI53704     		NONE PUBLIC GENERAL FUNDING 500
    DIRECT RELIEF
    6100 WALLACE BECKNELL RD
    SANTA BARBARA,CA93117     		NONE PUBLIC GENERAL FUNDING 35,358
    DISABLED AMERICAN VETERANS (DAV)
    860 DOLWICK DR
    ERLANGER,KY41018     		NONE PUBLIC GENERAL FUNDING 500
    DRESS FOR SUCCESS TWIN CITIES
    1549 UNIVERSITY AVE W 1
    SAINT PAUL,MN55104     		NONE PUBLIC GENERAL FUNDING 1,000
    EAGLES AUTISM CHALLENGE INC
    1 NOVA CARE WAY
    PHILADELPHIA,PA19145     		NONE PUBLIC GENERAL FUNDING 440
    EVANS SCHOLARS FOUNDATION
    901 GREENBRIER ROAD
    DEKALB,IL60115     		NONE PUBLIC GENERAL FUNDING 500
    EWU FOUNDATION (EASTERN WASHINGTON UNIVERSITY)
    616 STUDY LANE 102
    CHENEY,WA99004     		NONE PUBLIC GENERAL FUNDING 10,500
    FAIRMONT AREA KINSHIP INC
    206 W 3RD ST
    FAIRMONT,MN56031     		NONE PUBLIC GENERAL FUNDING 500
    FAITH'S LODGE
    6942 COUNTY ROAD C
    DANBURY,WI54830     		NONE PUBLIC GENERAL FUNDING 500
    FEED MY PEOPLE
    171 KINGSTON DR
    ST LOUIS,MO63125     		NONE PUBLIC GENERAL FUNDING 500
    FEED MY STARVING CHILDREN
    401 93RD AVE NW
    COON RAPIDS,MN55433     		NONE PUBLIC GENERAL FUNDING 250
    FOOD FOR THE POOR
    6401 LYONS ROAD
    COCONUT CREEK,FL33073     		NONE PUBLIC GENERAL FUNDING 250
    GARY SINISE FOUNDATION
    PO BOX 40726
    NASHVILLE,TN37204     		NONE PUBLIC GENERAL FUNDING 500
    GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION
    PO BOX 93
    MILLEDGEVILLE,GA31061     		NONE PUBLIC GENERAL FUNDING 1,000
    GILDAS CLUB TWIN CITIES
    10560 WAYZATA BLVD
    MINNETONKA,MN55305     		NONE PUBLIC GENERAL FUNDING 500
    GIVING DUPAGE DAYS FOR KIDS MATTER
    421 N COUNTY FARM RD
    WHEATON,IL60187     		NONE PUBLIC GENERAL FUNDING 250
    GLOBAL GIVING
    1 THOMAS CIRCLE NW STE 800
    WASHINGTON,DC20005     		NONE PUBLIC GENERAL FUNDING 17,304
    GOOD SHEPERD FOOD BANK
    3121 HOTEL ROAD PO BOX 1807
    AUBURN,ME04211     		NONE PUBLIC GENERAL FUNDING 250
    GREATER CHICAGO FOOD DEPOSITORY
    4100 W ANN LURIE PL
    CHICAGO,IL60632     		NONE PUBLIC GENERAL FUNDING 100
    GREATER GREEN BAY HABITAT FOR HUMANITY
    1967 ALLOUEZ AVE
    GREEN BAY,WI54311     		NONE PUBLIC GENERAL FUNDING 500
    HEARTLAND FARM SANCTUARY
    11713 MID TOWN RD
    VERONA,WI53593     		NONE PUBLIC GENERAL FUNDING 1,700
    HELENA FOOD SHARE
    PO BOX 943
    HELENA,MT59624     		NONE PUBLIC GENERAL FUNDING 100
    HESED HOUSE
    659 SOUTH RIVER ST
    AURORA,IL60506     		NONE PUBLIC GENERAL FUNDING 500
    HOMEBOY INDUSTRIES
    130 W BRUNO ST
    LOS ANGELES,CA90012     		NONE PUBLIC GENERAL FUNDING 500
    HORIZON HOUSE OF THE IL VALLEY
    2000 PLANK RD
    PERU,IL61354     		NONE PUBLIC GENERAL FUNDING 250
    HOUSE OF HOPE GREEN BAY
    1660 CHRISTIANA ST
    GREEN BAY,WI54303     		NONE PUBLIC GENERAL FUNDING 50
    HUNGER TASK FORCE
    5000 W ELECTRIC AVE
    WEST MILWAUKEE,WI53219     		NONE PUBLIC GENERAL FUNDING 125
    IDAHO STATE UNIVERSITY ACCOUNTING DEPT
    921 SOUTH 8TH AVENUE
    POCATELLO,ID83209     		NONE PUBLIC GENERAL FUNDING 2,000
    IDAHO STATE UNIVERSITY FOUNDATION
    921 SOUTH 8TH AVENUE
    POCATELLO,ID83209     		NONE PUBLIC GENERAL FUNDING 2,000
    JEFFERSON COLLEGE
    1000 VIKING DRIVE
    HILLSBORO,MO63050     		NONE PUBLIC GENERAL FUNDING 250
    JEREMIAH PROGRAM
    2915 JEREMIAH LN NW
    ROCHESTER,MN55901     		NONE PUBLIC GENERAL FUNDING 500
    JEREMIAH'S CROSSING
    2440 COUNTY HWY X
    BABCOCK,WI54413     		NONE PUBLIC GENERAL FUNDING 1,000
    JEWISH UNITED FUND OF CHICAGO
    30 S WELLS ST
    CHICAGO,IL60606     		NONE PUBLIC GENERAL FUNDING 500
    JUNIOR ACHIEVEMENT OF GREATER ST LOUIS
    17339 N OUTER FORTY RD
    CHESTERFIELD,MO63005     		NONE PUBLIC GENERAL FUNDING 500
    KREIDER SERVICES
    500 ANCHOR ROAD
    DIXON,IL61021     		NONE PUBLIC GENERAL FUNDING 500
    LAKE FOREST COLLEGE
    555 NORTH SHERIDAN ROAD
    LAKE FOREST,IL60045     		NONE PUBLIC GENERAL FUNDING 600
    LITERACY CHIPPEWA VALLEY
    510 S FARWELL ST
    EAU CLAIRE,WI54701     		NONE PUBLIC GENERAL FUNDING 250
    LOUDOUN HUNGER RELIEF INC
    41601 RASPBERRY DR
    LEESBURG,VA20176     		NONE PUBLIC GENERAL FUNDING 103
    LOUISIANA HOSPITAL ASSOCIATION RESEARCH
    9521 BROOKLINE AVE
    BATON ROUGE,LA70809     		NONE PUBLIC GENERAL FUNDING 150
    MAINE CHILDREN'S HOME FOR LITTLE WANDERERS
    93 SILVER ST
    WATERVILLE,ME04901     		NONE PUBLIC GENERAL FUNDING 52
    MAKE A WISH WISCONSIN
    11020 WEST PLANK COURT STE 200
    WAUWATOSA,WI53226     		NONE PUBLIC GENERAL FUNDING 500
    MEALS ON WHEELS
    1550 CRYSTAL DR STE 1004
    ARLINGTON,VA22202     		NONE PUBLIC GENERAL FUNDING 100
    METROPOLITAN STATE UNIVERSITY FOUNDATION - LGBTQ
    700 7TH ST E
    ST PAUL,MN55106     		NONE PUBLIC GENERAL FUNDING 500
    MIDDLE GROUNDS OF CENTRAL WISCONSIN INC
    1107 11TH ST
    MOSINEE,WI54455     		NONE PUBLIC GENERAL FUNDING 500
    MILLER-DWAN FOUNDATION
    502 E 2ND ST
    DULUTH,MN55805     		NONE PUBLIC GENERAL FUNDING 100
    MONTANA STATE UNIVERSITY ALUMNI FOUNDATION
    1501 SOUTH 11TH AVENUE
    BOZEMAN,MT59715     		NONE PUBLIC GENERAL FUNDING 1,450
    MONTANA STATE UNIVERSITY BILLINGS FOUNDATION
    1500 UNIVERSITY DRIVE
    BILLINGS,MT59101     		NONE PUBLIC GENERAL FUNDING 2,100
    MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION
    1300 WEST PARK ST
    BUTTE,MT59701     		NONE PUBLIC GENERAL FUNDING 200
    MOVEMBER
    PO BOX 2040
    SANTA MONICA,CA90406     		NONE PUBLIC GENERAL FUNDING 100
    NABA INC
    7474 GREENWAY CENTER DRIVE SUITE
    1120
    GREENBELT,MD20770     		NONE PUBLIC GENERAL FUNDING 500
    NORTHERN ILLINOIS FOOD BANK
    273 DEARBORN COURT
    GENEVA,IL60134     		NONE PUBLIC GENERAL FUNDING 124
    NORTHERN ILLINOIS UNIVERSITY FOUNDATION
    231 NORTH ANNIE GLIDDEN ROAD
    DEKALB,IL60115     		NONE PUBLIC GENERAL FUNDING 10,600
    NORTHWEST IL COUNCEL OF BOY SCOUTS
    850 FOREST EDGE DR
    VERNON HILLS,IL60061     		NONE PUBLIC GENERAL FUNDING 103
    PAUL'S PANTRY INC
    1513 LEO FRIGO WAY
    GREEN BAY,WI54302     		NONE PUBLIC GENERAL FUNDING 500
    PROJECT FOR PRIDE IN LIVING
    1035 EAST FRANKLIN AVE
    MINNEAPOLIS,MN55404     		NONE PUBLIC GENERAL FUNDING 500
    PROP FOOD SHELF
    14700 MARTIN DR
    EDEN PRAIRIE,MN55344     		NONE PUBLIC GENERAL FUNDING 100
    PROVIDENCE ACADEMY
    15100 SCHMIDT LAKE RD
    PLYMOUTH,MN55446     		NONE PUBLIC GENERAL FUNDING 500
    RONALD MCDONALD HOUSE
    110 NORTH CARPENTER ST
    CHICAGO,IL60607     		NONE PUBLIC GENERAL FUNDING 500
    SAMARITAN'S PURSE
    PO BOX 3000
    BOONE,NC28607     		NONE PUBLIC GENERAL FUNDING 1,000
    SECOND HARVEST HEARTLAND
    7101 WINNETKA AVE N
    BROOKLYN PARK,MN55428     		NONE PUBLIC GENERAL FUNDING 500
    ST JUDE'S CHILDREN'S RESEARCH HOSPITAL
    262 DANNY THOMAS PL
    MEMPHIS,TN381053678     		NONE PUBLIC GENERAL FUNDING 50
    ST LOUIS LEARNING DISABILITIES ASSOCIATION
    13537 BARRETT PARKWAY DR STE 110
    BALLWIN,MO63021     		NONE PUBLIC GENERAL FUNDING 200
    ST NORBERT COLLEGE FOUNDATION
    100 GRANT STREET
    DE PERE,WI54115     		NONE PUBLIC GENERAL FUNDING 1,500
    ST THOMAS FOUNDATION
    2115 SUMMIT AVENUE
    SAINT PAUL,MN55105     		NONE PUBLIC GENERAL FUNDING 1,000
    TEAM RUBICON
    5230 PACIFIC CONCOURSE DR STE 200
    LOS ANGELES,CA90045     		NONE PUBLIC GENERAL FUNDING 18,018
    THE ARK
    6450 N CALIFORNIA AVE
    CHICAGO,IL60645     		NONE PUBLIC GENERAL FUNDING 500
    THE COMMUNITY TABLE
    320 PUTNAM ST
    EAU CLAIRE,WI54701     		NONE PUBLIC GENERAL FUNDING 250
    THE CRADLE
    2049 RIDGE AVE
    EVANSTON,IL60201     		NONE PUBLIC GENERAL FUNDING 500
    THE LOPPET FOUNDATION INC
    1301 THEODORE WIRTH PKWY
    MINNEAPOLIS,MN55422     		NONE PUBLIC GENERAL FUNDING 250
    THE UNITED NATIONS WORLD FOOD PROGRAMME
    2175 K ST NW
    WASHINGTON,DC20037     		NONE PUBLIC GENERAL FUNDING 75
    TIM TEBOW FOUNDATION
    2220 COUNTY ROAD 210 W STE 108
    PMB317
    JACKSONVILLE,FL32259     		NONE PUBLIC GENERAL FUNDING 50
    UGA FOUNDATION - UNIVERSITY OF GEORGIA
    UNIVERSITY OF GEORGIA
    ATHENS,GA30602     		NONE PUBLIC GENERAL FUNDING 2,000
    UNICEF USA
    125 MAIDEN LANE
    NEW YORK,NY10038     		NONE PUBLIC GENERAL FUNDING 21,696
    UNITED WAY FOR WAUKESHA COMMUNITY FUND
    1717 PARAMOUNT DR
    WAUKESHA,WI53186     		NONE PUBLIC GENERAL FUNDING 600
    UNITED WAY OF GREATER MILWAUKEE & WAUKESHA COUNTY
    225 W VINE ST
    MILWAUKEE,WI53212     		NONE PUBLIC GENERAL FUNDING 500
    UNIVERSITY OF COLORADO FOUNDATION
    1800 GRANT STREET STE 725
    DENVER,CO80203     		NONE PUBLIC GENERAL FUNDING 1,000
    UNIVERSITY OF ILLINOIS AT CHICAGO
    1200 W HARRISON ST
    CHICAGO,IL60607     		NONE PUBLIC GENERAL FUNDING 5,000
    UNIVERSITY OF MINNESOTA FOUNDATION
    200 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN554552010     		NONE PUBLIC GENERAL FUNDING 10,000
    UNIVERSITY OF MONTANA FOUNDATION
    PO BOX 7159
    MISSOULA,MT59807     		NONE PUBLIC GENERAL FUNDING 1,250
    UNIVERSITY OF NORTH DAKOTA FOUNDATION
    3501 UNIVERSITY AVE STOP 8157
    GRAND FORKS,ND58202     		NONE PUBLIC GENERAL FUNDING 4,700
    UNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION
    105 GARFIELD AVENUE
    EAU CLAIRE,WI54702     		NONE PUBLIC GENERAL FUNDING 12,200
    UNIVERSITY OF WISCONSIN - GREEN BAY FOUNDATION
    2420 NICOLET DRVIE
    GREEN BAY,WI543117001     		NONE PUBLIC GENERAL FUNDING 2,500
    UNIVERSITY OF WISCONSIN - LACROSSE FOUNDATION
    615 EAST AVENUE NORTH
    LACROSSE,WI54601     		NONE PUBLIC GENERAL FUNDING 4,550
    UNIVERSITY OF WISCONSIN - MILWAUKEE
    2200 KENWOOD BLVD
    MILWAUKEE,WI532010413     		NONE PUBLIC GENERAL FUNDING 11,150
    UNIVERSITY OF WISCONSIN - OSHKOSH
    842 ALGOMA BLVD
    OSHKOSH,WI549013511     		NONE PUBLIC GENERAL FUNDING 3,200
    UNIVERSITY OF WISCONSIN - WHITEWATER FOUNDATION
    800 W MAIN STREET
    WHITEWATER,WI53190     		NONE PUBLIC GENERAL FUNDING 5,850
    UNIVERSITY OF WISCONSIN FOUNDATION
    1848 UNIVERSITY AVENUE
    MADISON,WI53726     		NONE PUBLIC GENERAL FUNDING 7,000
    WE CAN RIDE INC
    14300 COUNTY RD 62
    HOPKINS,MN55345     		NONE PUBLIC GENERAL FUNDING 150
    WEST CHESTER UNIVERSITY FOUNDATION
    PO BOX 541
    WEST CHESTER,PA19381     		NONE PUBLIC GENERAL FUNDING 13,300
    WICPA EDUCATIONAL FOUNDATION
    W233N2080 RIDGEVIEW PARKWAY STE 201
    WAUKESHA,WI53188     		NONE PUBLIC GENERAL FUNDING 2,500
    WILLOW TREE CORNERSTONE CHILD ADVOCACY CENTER
    503 S MONROE AVE
    GREEN BAY,WI54301     		NONE PUBLIC GENERAL FUNDING 250
    Total .................................bullet 3a 350,624
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 14,362  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 49,665 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    49,665
    (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
    WIPFLI FOUNDATION INC
     
    Employer identification number

    20-2901635
    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
    WIPFLI FOUNDATION INC
          		Employer identification number
    20-2901635
    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
    WIPFLI LLP
     
    PO BOX 8010
     
    WAUSAU, WI54402

    		$ 199,362


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    WILLIAM HUGHES
    7175 POLO RIDGE
     
    LITTLETON, CO80128

    		$ 20,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    TIM BRADLEY
    3285 BEECH CT
     
    GOLDEN, CO80401

    		$ 5,000


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

    		$  


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

    		$  


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

    		$  


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

    20-2901635
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    WIPFLI FOUNDATION INC
          		Employer identification number

    20-2901635
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    WIPFLI FOUNDATION INC
    EIN:
    20-2901635
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BOND FUNDS 637,910 577,942

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    WIPFLI FOUNDATION INC
    EIN:
    20-2901635
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITY FUNDS 347,060 674,233

    TY 2021 InvestmentsOtherSchedule2
    Name:
    WIPFLI FOUNDATION INC
    EIN:
    20-2901635
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    EXCHANGE TRADED FUNDS AT COST 247,691 232,501

    TY 2021 OtherExpensesSchedule
    Name:
    WIPFLI FOUNDATION INC
    EIN:
    20-2901635
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSES 195 0   195


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    WIPFLI FOUNDATION INC
    EIN:
    20-2901635
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 8,309 8,309   0


    TY 2021 TaxesSchedule
    Name:
    WIPFLI FOUNDATION INC
    EIN:
    20-2901635
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 3,455 0   0