TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023

Name of foundation
BROOKWOOD FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)5611 6TH PLACE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
KENOSHA, WI53144

A Employer identification number

39-2012432

B Telephone number (see instructions)

(262) 552-8663

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$13,297,959J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	192,490		190,376
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-225,894
b	Gross sales price for all assets on line 6a 2,240,635
7	Capital gain net income (from Part IV, line 2)...			0
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).......	List of Attached Documents: // Content	198	198
12	Total. Add lines 1 through 11........	-33,206		190,574
13	Compensation of officers, directors, trustees, etc.	12,000		3,000	9,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	12,450	6,225	6,225
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	36,310	36,310	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,516	1,516	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	62,276		47,051	15,225
25	Contributions, gifts, grants paid.......	506,045			506,045
26	Total expenses and disbursements. Add lines 24 and 25	568,321		47,051	521,270
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-601,527
b	Net investment income (if negative, enter -0-)			143,523
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2023)

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,307,020	250,855	250,855
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,010,367	List of Attached Documents: // Content 1,764,224	1,722,459
	b	Investments—corporate stock (attach schedule).......	8,009,681	List of Attached Documents: // Content 7,614,249	9,156,761
	c	Investments—corporate bonds (attach schedule).......	2,173,089	List of Attached Documents: // Content 2,191,132	2,103,188
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	64,499	List of Attached Documents: // Content 64,696	64,696
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	12,564,656	11,885,156	13,297,959
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		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	12,564,656	11,885,156
	29	Total net assets or fund balances (see instructions).....	12,564,656	11,885,156
	30	Total liabilities and net assets/fund balances (see instructions).	12,564,656	11,885,156

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

12,564,656

Enter amount from Part I, line 27a .....................

-601,527

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

11,963,129

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

77,973

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

11,885,156

Form 990-PF (2023)

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	S-T COVERED - SCHWAB 4723	P	2022-10-27	2023-09-08
b	L-T COVERED - SCHWAB 4723	P	2021-08-30	2023-08-15
c	PRIN FEDERAL NTNL MO	P	2023-01-25	2023-12-25
d	PRIN FHLMC MULTICLASS 2.23%	P	2023-01-25	2023-12-25
e	PRIN FHLMC SB8186 4.5%	P	2023-01-31	2023-12-31
	PRIN FNMA PL MA3930 2.5%	P	2023-01-31	2023-12-31
	PRIN FNMA PL MA4042 2%	P	2023-01-31	2023-12-31
	PRIN FNMA PL MA4148 2%	P	2023-01-31	2023-12-31
	4912 SHS DFA INTL SM CO	P	2022-01-01	2023-02-06
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	257,123	294,472	-37,349
b	1,880,605	2,090,157	-209,552
c	124	124	0
d	1,720	1,720	0
e	1,983	1,983	0
	926	926	0
	929	929	0
	2,055	2,055	0
	91,344	74,163	17,181
	3,826		3,826

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			-37,349
b			-209,552
c			0
d			0
e			0
			0
			0
			0
			17,181
			3,826

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-225,894
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 ...................		3

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	1,995
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	1,995
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	1,995
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	3,005
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	3,005
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,010
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax1,010	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

PAULA J HEIDE-POGGENBURG Telephone no. right arrow

(262) 552-8663

Located at right arrow

5825 6TH PLACEKENOSHAWI ZIP+4 right arrow

53144

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2023, 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 right arrow

Form 990-PF (2023)

Page 5

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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 2023? .............

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)):

At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2023?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2023 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 2023.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2023? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)
CHARLES H HEIDE JR	TRUSTEE 1.00	0
5825 6TH PLACE KENOSHA,WI53144	TRUSTEE 1.00	0
PAULA J HEIDE-POGGENBURG	TRUSTEE 1.00	12,000
5825 6TH PLACE KENOSHA,WI53144	TRUSTEE 1.00	12,000
KRISTA J RECK	TRUSTEE 1.00	0
5825 6TH PLACE KENOSHA,WI53144	TRUSTEE 1.00	0
KATHRYN H THOMPSON	TRUSTEE 1.00	0
5825 6TH PLACE KENOSHA,WI53144	TRUSTEE 1.00	0

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...................				0

Form 990-PF (2023)

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............. right arrow

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......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

12,045,838

Average of monthly cash balances.......................

516,301

Fair market value of all other assets (see instructions)................

64,515

Total (add lines 1a, b, and c).........................

12,626,654

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

12,626,654

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

189,400

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

12,437,254

Minimum investment return. Enter 5% (0.05) of line 5................

621,863

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.)

Minimum investment return from Part IX, line 6..................

621,863

Tax on investment income for 2022 from Part V, line 5.......

1,995

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

1,995

Distributable amount before adjustments. Subtract line 2c from line 1............

619,868

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

619,868

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

619,868

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

521,270

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

521,270

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7				619,868
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......			485,549
b Total for prior years:20 , 20, 20		0
3 Excess distributions carryover, if any, to 2022:
a From 2018......
b From 2019......
c From 2020......
d From 2021......
e From 2022......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 521,270
a Applied to 2022, but not more than line 2a			485,549
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 2023 distributable amount.....				35,721
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2023.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........				584,147
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 2018 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....
e Excess from 2023....

Form 990-PF (2023)

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 2023, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

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).)

CHARLES H HEIDE JR

PAULA J HEIDE-POGGENBURG

KRISTA J RECK

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 right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2023)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CHIWAUKEE PRAIRIE PRESERVATION FUND INC PO BOX 1802 KENOSHA,WI531411802	N/A	PUBLIC	GENERAL	50,000
EAA CHAPTER 838 FDN AVIATION SCHOLARSHIP 3333 N GREEN BAY ROAD RACINE,WI53404	N/A	PUBLIC	SCHOLARSHIP	3,000
HAWTHORN HOLLOW 880 GREEN BAY ROAD KENOSHA,WI53144	N/A	PUBLIC	GENERAL	55,000
NEW LIFE EVANGELICAL LUTHERAN CHURCH 5927 37TH AVENUE KENOSHA,WI53144	N/A	PUBLIC	GENERAL	20,000
ROOT PIKE-WIN 4116 12TH STREET KENOSHA,WI53144	N/A	PUBLIC	GENERAL	20,000
SHORELAND LUTHERAN HIGH SCHOOL FEDERATION INC 9026 12TH STREET KENOSHA,WI531447700	N/A	PUBLIC	GENERAL	100,000
ST JOHN LUTHERAN CHURCH W8496 PARSONAGE LANE WATERLOO,WI53594	N/A	PUBLIC	GENERAL	60,895
FREEDOM FELLOWSHIP W227 N16833 TILLIE LAKE COURT JACKSON,WI53037	N/A	PUBLIC	GENERAL	6,000
UNIVERSITY OF WI PARKSIDE 900 WOOD ROAD KENOSHA,WI53144	N/A	PUBLIC	SCHOLARSHIP	150,000
WISCONSIN EVANGELICAL LUTHERAN SYNOD N16 W23377 STONE RIDGE DRIVE WAUKESHA,WI53188	N/A	PUBLIC	GENERAL	16,150
BEN INITIATIVE 3624 ZIA DRIVE GALLUP,NM87301	N/A	PUBLIC	GENERAL	5,000
KIDS AGAINST HUNGER 700 S 44TH STREET RAPID CITY,SD57702	N/A	PUBLIC	GENERAL	5,000
SADDLE UP AND READ PO BOX 1525 WENDELL,NC27591	N/A	PUBLIC	GENERAL	5,000
SHALOM CENTER OF INTERFAITH NETWORK 4313 39TH AVENUE KENOSHA,WI53144	N/A	PUBLIC	GENERAL	5,000
WATER OF LIFE LUTHERAN CHURCH 2921 OLIVE STREET RACINE,WI53403	N/A	PUBLIC	GENERAL	5,000
Total ................................. 3a				506,045

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2023)

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	(e) Related or exempt function income (See instructions.)
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 ....			14	192,490
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 .....			16	198
8 Gain or (loss) from sales of assets other than inventory ............			18	-225,894
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		-33,206	0

13Total. Add line 12, columns (b), (d), and (e)..................

-33,206

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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 (2023)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

BROOKWOOD FOUNDATION

EIN:

39-2012432

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	12,450	6,225		6,225

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

BROOKWOOD FOUNDATION

EIN:

39-2012432

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC - 3.20% 05/14/26	15,646	14,530
AMAZON.COM INC - 1.65% 05/12/28	10,103	9,001
AMERICAN EXPRESS - 4.20% 11/06/25	34,964	32,573
APPLE INC - 3.00% 02/09/24	5,030	4,982
AT&T INC - 4.25% 03/01/27	35,971	34,557
BALL CORP - 4.875% 03/15/26	22,450	20,764
BANK OF AMERICA - 3.50% 04/19/26	32,908	34,078
BERKSHIRE HATHAWAY - 3.125% 03/15/26	46,611	43,711
BRISTOL-MYERS - .75% 11/13/25	14,995	13,977
BROADRIDGE FINL - 2.90% 12/01/29	10,098	8,892
CAPITAL ONE FINL - 3.20% - 02/05/25	51,460	48,764
CATERPILLAR FINL - 1.45% 05/15/25	15,113	14,339
CATERPILLAR FINL - 3.30% 06/09/24	10,094	9,906
CDW CORP - 4.125% 05/01/25	26,379	25,447
CHEVRON CORP - 1.554% 05/11/25	15,215	14,388
COMCAST CORP - 3.95% 10/15/25	31,610	29,612
CVS HEALTH CORP - 3.875% 07/20/25	15,747	14,726
DISCOVER FINL SER - 4.1% 02/09/27	34,536	35,515
EXXON MOBIL CORP - 2.992% 03/19/25	25,751	24,496
FIDELITY NTNL IN - 1.15% 03/01/26	14,955	13,872
FIFTH THIRD BANC - 3.65% 01/25/24	18,165	17,968
FISERV INC - 3.20% 07/01/26	35,789	33,723
FISERV INC - 3.85% 06/01/25	15,660	14,720
GOLDMAN SACHS IN - 3.50% 01/23/25	8,275	7,842
GOLDMAN SACHS IN - 3.75% 02/25/26	42,255	39,087
GRAPHIC PACKAGI - 4.125% 08/15/24	16,403	15,800
HCA HEALTHCARE - 5.875% 02/15/26	36,681	35,306
HUNTINGTON BANC - 2.55% 02/04/30	10,373	8,540
HUNTINGTON BANC - 2.625% 08/06/24	30,549	29,445
INTEL CORP - 3.40% 03/25/25	5,199	4,913
INTUIT INC - .95% 07/15/25	31,826	30,072
JPMORGAN CHASE - 3.90% 07/15/25	34,631	32,521
KEYCORP - 4.15% 10/29/25	8,496	7,796
LOWES COMPANIES - 2.50% 04/15/26	10,085	9,517
LOWES COMPANIES - 4.00% 04/15/25	35,799	34,519
MARATHON PETROLEUM - 4.70% 05/01/25	42,020	39,718
MASTERCARD INC - 3.35% 03/26/30	10,698	9,529
MCDONALDS CORP - 3.375% 05/26/25	10,186	9,800
MICROSOFT CORP - 2.875% 02/06/24	7,037	6,981
MORGAN STANLEY - 3.625% 01/20/27	37,323	36,852
MORGAN STANLEY - 3.70% 10/23/24	6,087	5,926
MORGAN STANLEY VAR 10/18/28	17,490	17,830
NETFLIX INC - 5.875% 02/15/25	21,175	20,150
NEWELL BRANDS - 4.875% 06/01/25	18,823	17,640
NIKE INC - 2.40% 03/27/25	15,328	14,575
NTNL RURAL UTILITIE - 1.00% 06/15/26	38,438	35,748
ORACLE CORP - 2.65% 07/15/26	15,550	14,219
ORACLE CORP - 2.95% 05/15/25	30,708	29,127
PAYPAL HOLDINGS - 1.65% 06/01/25	21,288	20,032
PENSKE AUTOMOTIVE - 3.50% 09/01/25	18,304	17,415
PEPSICO INC - 2.750% 03/19/30	10,046	9,179
PHILLIPS 66 - 3.85% 04/09/25	6,219	5,897
PNC FINL SVCS GRO - 2.60% 07/23/26	34,819	32,187
PRUDENTIAL FINL - 1.50% 03/10/26	15,273	13,957
REGIONS FINL CORP - 2.25% 05/18/25	47,727	44,792
STATE STR CORP - 11/01/25	40,868	39,003
THE ALLSTATE CORP - .75% 12/15/25	14,859	13,823
THE ALLSTATE CORP - 1.45% 12/15/30	10,908	8,878
THE CHARLES SCHWAB - .90% 03/11/26	15,039	13,756
THE HOME DEPOT - 2.125% 09/15/26	30,337	28,231
THE WALT DISNEY - 3.35% 03/24/25	40,226	38,290
T-MOBILE USA INC - 2.625% 04/15/26	34,362	33,302
TRUIST FINL CORP - 1.20% 08/05/25	2,016	1,876
TRUIST FINL CORP - 2.85% 10/26/24	35,685	34,267
TRUIST FINL CORP VAR - 03/02/27	14,937	13,729
US BANCORP - 1.375% 07/22/30	9,965	8,062
US BANCORP - 3.10% 04/27/26	38,011	35,474
VERIZON COMMUNICATIONS - 2.625% 08/15/26	33,255	30,579
VISA INC - 3.15% 12/14/25	47,907	44,843
WELLS FARGO & CO - 02/11/26	15,283	14,445
WELLS FARGO & CO - 2.406% 10/30/25	40,745	38,873
DUPONT DE NEMOU - 4.493% 11/15/2025	52,815	49,635
AES CORP - 1.375% 01/15/2026	29,587	27,780
FIFTH THIRD BANC - 2.55% 05/05/2027	35,088	34,966
INTEL CORP - 3.15% 05/11/2027	35,413	36,487
UNITED RENTALS - 5.5% 05/15/2027	19,735	20,000
BNY MELLON INVES - 3.25% 05/16/2027	36,531	36,381
VERISIGN INC - 4.75% 07/15/2027	36,275	36,676
JOHN DEERE CAPITAL - 4.75% 01/20/2028	37,633	38,579
UNITED HEALTH GROUP - 5.25% 02/15/2028	20,242	20,678
VALERO ENERGY PAR - 4.5% 03/15/2028	35,953	36,397
CVS HEALTH CORP - 4.3% 03/25/2028	35,977	37,364
CITIGROUP INC VAR 05/24/2028	36,386	37,713
BNY MELLON INVEST VAR 10/25/2028	25,898	25,850
PNC FINL SVCS GRO VAR 06/12/2029	19,717	20,398
PFIZER INVT ENT - 4.75% 05/19/2033	20,017	20,050
T-MOBILE USA INC - 5.05% 07/15/2033	14,597	15,090
BANK OF AMERICA C VAR 07/22/2033	30,633	30,588
TRUIST FINL CORP VAR 01/26/2034	9,871	9,672

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

BROOKWOOD FOUNDATION

EIN:

39-2012432

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ACCENTURE PLC	130,813	152,295
ALPHABET INC CL C	383,736	423,213
AMPHENOL CORP	30,966	48,078
ANALOG DEVICES INC	110,457	148,523
APPLE INC	218,166	305,545
ARCH CAPITAL GROUP LTD	54,852	101,453
ARISTA NETWORKS INC	19,767	59,584
ARMSTRONG WORLD INDS	20,014	22,810
BECTON DICKINSON & CO	133,805	133,863
BLACKROCK INC	104,648	133,135
BROOKFIELD CORP	0	27,562
BROWN & BROWN INC	38,762	59,732
BROWN FORMAN CORP CL B	25,212	24,039
CARLISLE CO	43,279	77,170
CARMAX INC	58,491	52,413
CDW CORP	36,249	53,193
CISCO SYSTEMS INC	71,889	68,556
CONESTOGA SMALL CAP INST	118,794	136,706
COPART INC	35,354	64,092
COSTCO WHOLESALE CORP	203,069	296,376
DANAHER CORP	212,179	197,333
DOLLAR TREE INC	55,952	73,866
ECOLAB INC	135,882	143,010
EXPEDITORS INTL WASH INC	20,778	26,712
FLOOR & DECOR HOLDINGS	32,584	49,086
GARTNER INC	61,303	101,500
GLACIER BANCORP INC	31,954	29,792
HOME DEPOT INC	131,132	160,799
ISHARES CORE S&P MID CAP	179,432	214,791
JACOBS SOLUTIONS INC	174,417	180,941
JPMORGAN CHASE & CO	153,484	196,125
LAB CO OF AMER HLDG	41,113	48,640
LIBERTY BROADBAND CO	66,548	43,922
LIBERTY MEDIA CORP	32,626	33,964
LILLY ELI & CO	141,100	363,742
LINDE PLC	137,530	209,051
MCDONALDS CORP	53,823	72,942
MICROCHIP TECHNOLOGY	11,292	17,585
MICROSOFT CORP	412,131	558,043
MKS INSTRUMENTS INC	48,301	40,017
MOELIS & CO	39,777	49,451
NESTLE SA	91,620	90,654
NEXTERA ENERGY INC	208,405	181,795
NIKE INC	183,485	160,249
PACCAR INC	36,603	62,203
PEPSICO INC	49,483	54,179
PROGRESSIVE CO OHIO	119,593	213,117
QUALCOMM INC	149,594	153,308
ROSS STORES INC	62,457	89,815
TAKE TWO INTERACTV	19,581	23,016
TARGET CORP	269,406	171,616
TE CONNECTIVITY LTD	134,120	146,963
THOR INDUSTRIES INC	23,434	29,917
TJX COMPANIES INC	125,637	171,016
UNION PACIFIC CORP	80,129	98,002
UNITED PARCEL SERVICE	104,260	95,281
UNITEDHEALTH GROUP INC	220,389	267,973
US BANCORP	233,939	209,259
VERTEX PHARMACEUTICA	26,836	52,896
VISA INC	237,255	287,426
WCM FOCUSED INTL GROWTH FUNDS	355,835	408,994
WR BERKLEY CORP	21,966	35,219
ARK INNOVATION ETF	250,557	301,442
ISHARES CORE S&P	76,991	74,368
AGILENT TECHNOLOGIES	126,012	153,489
BROOKFIELD ASSET MANAG F	28,381	29,726
ORACLE CORP	175,307	189,141
TEXAS INSTRUMENTS	158,048	166,539
WATERS CORP	33,265	39,508

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

BROOKWOOD FOUNDATION

EIN:

39-2012432

US Government Securities - End of Year Book Value:

1,667,291

US Government Securities - End of Year Fair Market Value:

1,631,745

State & Local Government Securities - End of Year Book Value:

96,933

State & Local Government Securities - End of Year Fair Market Value:

90,714

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

BROOKWOOD FOUNDATION

EIN:

39-2012432

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
HONEY ROCK LP	AT COST	64,696	64,696

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

BROOKWOOD FOUNDATION

EIN:

39-2012432

Description	Amount
SECURITIES COST ADJUSTMENT	77,973

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

BROOKWOOD FOUNDATION

EIN:

39-2012432

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
HONEY ROCK LP K-1	198	198	198

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

BROOKWOOD FOUNDATION

EIN:

39-2012432

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MGMT. FEES	36,310	36,310		0

- TIN:

TY 2023 TaxesSchedule

Name:

BROOKWOOD FOUNDATION

EIN:

39-2012432

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX PAID	1,516	1,516		0