Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo 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
DEWOLF FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)9300 EARHART LANE SW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CEDAR RAPIDS, IA52404
A Employer identification number

92-1952229
B Telephone number (see instructions)

(319) 573-0781
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$3,733,371J 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) 3,496,201
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 54,592 57,212  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,826,843
b Gross sales price for all assets on line 6a 3,438,004
7 Capital gain net income (from Part IV, line 2)... 2,826,843
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........ 6,377,636 2,884,055  
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
List of Attached Documents:
// Content
2,246 2,246   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,517 1,517   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.......... 3,763 3,763   0
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 3,763 3,763   0
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,373,873
b Net investment income (if negative, enter -0-) 2,880,292
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 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.............   91,001 91,001
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 0 Click to see attachment
List of Attached Documents:
// Content
2,584,573 		2,584,573
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
1,057,797 		1,057,797
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 0 3,733,371 3,733,371
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 3,733,371
29 Total net assets or fund balances (see instructions)..... 0 3,733,371
30 Total liabilities and net assets/fund balances (see instructions). 0 3,733,371
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
0
2
Enter amount from Part I, line 27a .....................
2
6,373,873
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,373,873
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,640,502
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,733,371
Form 990-PF (2023)
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 ABBVIE INC CMN - 35 SHS   2010-06-29 2023-09-15
b ABBVIE INC CMN - 61 SHS   2009-09-10 2023-09-15
c ABBVIE INC CMN - 41 SHS   2011-02-22 2023-09-15
d ABBVIE INC CMN - 47 SHS   2011-03-25 2023-09-15
e ABBVIE INC CMN - 109 SHS   2009-06-04 2023-09-15
ACCENTURE PLC CMN CLASS A - 90 SHS   2013-08-21 2023-09-15
ADOBE INC CMN - 12 SHS   2013-08-21 2023-09-15
ADVANCED MICRO DEVICES, INC. CMN - 274 SHS   2018-05-21 2023-09-15
ADVANCED MICRO DEVICES, INC. CMN - 75 SHS   2011-06-13 2023-09-15
AFLAC INCORPORATED CMN - 95 SHS   2009-03-02 2023-09-15
AFLAC INCORPORATED CMN - 111 SHS   2009-05-04 2023-09-15
AIR PRODUCTS & CHEMICALS INC CMN - 26 SHS   2012-08-03 2023-09-15
AIR PRODUCTS & CHEMICALS INC CMN - 33 SHS   2010-08-16 2023-09-15
ALPHA METALLURGICAL RESOURCES, CMN - 30 SHS   2021-01-07 2023-09-15
ALPHABET INC. CMN CLASS A - 87 SHS   2012-11-16 2023-09-15
ALPHABET INC. CMN CLASS A - 45 SHS   2007-04-05 2023-09-15
ALPHABET INC. CMN CLASS A - 79 SHS   2008-07-22 2023-09-15
ALPHABET INC. CMN CLASS A - 39 SHS   2010-06-14 2023-09-15
ALPHABET INC. CMN CLASS A - 158 SHS   2011-06-13 2023-09-15
ALPHABET INC. CMN CLASS A - 39 SHS   2011-04-25 2023-09-15
ALPHABET INC. CMN CLASS A - 119 SHS   2011-05-13 2023-09-15
ALPHABET INC. CMN CLASS A - 174 SHS   2012-08-03 2023-09-15
ALPHABET INC. CMN CLASS C - 160 SHS   2007-03-05 2023-09-15
ALPHABET INC. CMN CLASS C - 160 SHS   2007-04-05 2023-09-15
ALPHABET INC. CMN CLASS C - 79 SHS   2008-07-22 2023-09-15
ALPHABET INC. CMN CLASS C - 80 SHS   2007-02-02 2023-09-15
ALPHABET INC. CMN CLASS C - 40 SHS   2010-06-14 2023-09-15
ALPHABET INC. CMN CLASS C - 160 SHS   2011-06-13 2023-09-15
ALPHABET INC. CMN CLASS C - 40 SHS   2011-04-25 2023-09-15
ALPHABET INC. CMN CLASS C - 120 SHS   2011-05-13 2023-09-15
ALPHABET INC. CMN CLASS C - 176 SHS   2012-08-03 2023-09-15
ALPHABET INC. CMN CLASS C - 88 SHS   2012-11-16 2023-09-15
ALPHABET INC. CMN CLASS C - 76 SHS   2013-08-21 2023-09-15
AMERICAN EQTY INVSTMNT LFE HLD CMN - 452 SHS   2016-03-09 2023-09-15
AMERIPRISE FINANCIAL, INC. CMN - 16 SHS   2012-08-03 2023-09-15
AMGEN INC. CMN - 83 SHS   2011-08-15 2023-09-15
ANALOG DEVICES, INC. CMN - 31 SHS   2011-06-13 2023-09-15
AON PUBLIC LIMITED COMPANY CMN - 80 SHS   2012-06-25 2023-09-15
APPLE INC. CMN - 432 SHS   2016-12-19 2023-09-15
APPLE INC. CMN - 3038 SHS   2017-03-09 2023-09-15
APPLIED MATERIALS INC CMN - 104 SHS   2013-08-21 2023-09-15
APPLIED MATERIALS INC CMN - 83 SHS   2012-07-26 2023-09-15
ARCBEST CORP CMN - 176 SHS   2017-06-08 2023-09-15
ARTHUR J GALLAGHER & CO CMN - 108 SHS   2016-12-02 2023-09-15
ATI INC CMN - 619 SHS   2020-07-31 2023-09-15
AUTOMATIC DATA PROCESSING INC CMN - 21 SHS   2011-10-18 2023-09-15
AUTOZONE, INC. CMN - 2 SHS   2013-02-01 2023-09-15
AVERY DENNISON CORPORATION CMN - 27 SHS   2012-03-23 2023-09-15
BEACON ROOFING SUPPLY, INC. CMN - 540 SHS   2020-04-23 2023-09-15
BECTON, DICKINSON AND COMPANY CMN - 29 SHS   2010-06-14 2023-09-15
BECTON, DICKINSON AND COMPANY CMN - 25 SHS   2012-08-03 2023-09-15
BERKSHIRE HATHAWAY INC. CLASS B - 82 SHS   2012-05-24 2023-09-15
BEST BUY CO INC CMN - 77 SHS   2013-02-01 2023-09-15
BLACKROCK, INC. CMN - 8 SHS   2012-08-03 2023-09-15
BLACKROCK, INC. CMN - 27 SHS   2011-10-18 2023-09-15
BOOKING HOLDINGS INC. CMN - 2 SHS   2013-02-01 2023-09-15
CATERPILLAR INC (DELAWARE) CMN - 55 SHS   2009-05-04 2023-09-15
CATERPILLAR INC (DELAWARE) CMN - 31 SHS   2009-07-09 2023-09-15
CATERPILLAR INC (DELAWARE) CMN - 33 SHS   2009-03-02 2023-09-15
CDW CORPORATION CMN - 48 SHS   2016-11-10 2023-09-15
CENCORA INC CMN - 35 SHS   2009-04-02 2023-09-15
CHARLES SCHWAB CORPORATION CMN - 137 SHS   2012-12-28 2023-09-15
CHARLES SCHWAB CORPORATION CMN - 87 SHS   2011-11-18 2023-09-15
CHART INDUSTRIES, INC. CMN - 53 SHS   2016-07-29 2023-09-15
CHENIERE ENERGY, INC. CMN - 164 SHS   2016-01-29 2023-09-15
CHICO'S FAS, INC. CMN - 1460 SHS   2020-11-05 2023-09-15
CHIPOTLE MEXICAN GRILL, INC. CMN - 3 SHS   2012-11-16 2023-09-15
CHIPOTLE MEXICAN GRILL, INC. CMN - 4 SHS   2013-04-12 2023-09-15
CME GROUP INC. CMN CLASS A - 29 SHS   2009-03-02 2023-09-15
CME GROUP INC. CMN CLASS A - 39 SHS   2008-12-29 2023-09-15
COSTCO WHOLESALE CORPORATION CMN - 23 SHS   2011-06-13 2023-09-15
COSTCO WHOLESALE CORPORATION CMN - 20 SHS   2012-12-28 2023-09-15
D.R. HORTON, INC. CMN - 59 SHS   2008-11-28 2023-09-15
DANAHER CORPORATION CMN - 68 SHS   2013-08-21 2023-09-15
DANAHER CORPORATION CMN - 61 SHS   2011-09-15 2023-09-15
DARLING INGREDIENTS INC CMN - 107 SHS   2015-10-07 2023-09-15
DEERE & COMPANY CMN - 51 SHS   2016-11-10 2023-09-15
DICKS SPORTING GOODS INC CMN - 152 SHS   2017-09-05 2023-09-15
DIODES INCORPORATED CMN - 72 SHS   2016-05-12 2023-09-15
DORIAN LPG LTD CMN - 455 SHS   2016-08-29 2023-09-15
EATON CORP PLC CMN - 95 SHS   2012-12-03 2023-09-15
EATON CORP PLC CMN - 34 SHS   2012-12-03 2023-09-15
EDWARDS LIFESCIENCES CORPORATI CMN - 243 SHS   2013-12-13 2023-09-15
ELEVANCE HEALTH INC CMN - 23 SHS   2013-08-21 2023-09-15
ELI LILLY & CO CMN - 11 SHS   2018-01-30 2023-09-15
EQUIFAX INC. CMN - 26 SHS   2011-05-13 2023-09-15
ETSY, INC. CMN - 72 SHS   2016-12-02 2023-09-15
EVERI HOLDINGS INC. CMN - 450 SHS   2016-07-29 2023-09-15
FASTENAL COMPANY CMN - 96 SHS   2009-12-04 2023-09-15
FEDERAL AGRICULTURAL MORTGAGE CORP CL-C - 96 SHS   2015-02-18 2023-09-15
FIRST CITIZENS BANKSHARES CL A CMN CLASS A - 27 SHS   2020-07-31 2023-09-15
FIRST SOLAR, INC. CMN - 32 SHS   2016-12-02 2023-09-15
FREEPORT-MCMORAN INC CMN - 744 SHS   2016-03-09 2023-09-15
FRONTLINE PLC CMN - 980 SHS   2018-04-05 2023-09-15
FTI CONSULTING, INC. CMN - 127 SHS   2017-12-29 2023-09-15
GENERAL DYNAMICS CORP. CMN - 30 SHS   2009-04-02 2023-09-15
GENERAL DYNAMICS CORP. CMN - 38 SHS   2009-08-10 2023-09-15
GILEAD SCIENCES CMN - 79 SHS   2007-03-05 2023-09-15
GREEN BRICK PARTNERS, INC. CMN - 220 SHS   2016-07-29 2023-09-15
HORIZON THERAPEUTICS PLC CMN - 148 SHS   2017-07-31 2023-09-15
HOULIHAN LOKEY, INC. CMN - 144 SHS   2016-07-29 2023-09-15
HP INC. CMN - 565 SHS   2012-11-16 2023-09-15
INTUIT INC CMN - 21 SHS   2013-08-21 2023-09-15
INTUITIVE SURGICAL, INC. CMN - 17 SHS   2011-02-22 2023-09-15
INTUITIVE SURGICAL, INC. CMN - 17 SHS   2010-12-20 2023-09-15
INTUITIVE SURGICAL, INC. CMN - 17 SHS   2011-04-25 2023-09-15
INTUITIVE SURGICAL, INC. CMN - 71 SHS   2014-06-27 2023-09-15
JPMORGAN CHASE & CO CMN - 95 SHS   2012-06-25 2023-09-15
JPMORGAN CHASE & CO CMN - 231 SHS   2012-08-03 2023-09-15
L3HARRIS TECHNOLOGIES INC CMN - 31 SHS   2009-08-10 2023-09-15
M/I HOMES, INC. CMN - 68 SHS   2016-12-02 2023-09-15
MARATHON PETROLEUM CORPORATION CMN - 525 SHS   2020-04-23 2023-09-15
MARSH & MCLENNAN CO INC CMN - 76 SHS   2012-08-03 2023-09-15
MARSH & MCLENNAN CO INC CMN - 39 SHS   2013-08-21 2023-09-15
MASTERCARD INCORPORATED CMN CLASS A - 111 SHS   2012-11-16 2023-09-15
MERCK & CO., INC. CMN - 69 SHS   2008-03-17 2023-09-15
MERCK & CO., INC. CMN - 99 SHS   2009-06-04 2023-09-15
META PLATFORMS INC-CLASS A CMN CLASS A - 236 SHS   2013-12-20 2023-09-15
META PLATFORMS INC-CLASS A CMN CLASS A - 51 SHS   2014-05-09 2023-09-15
MICROSOFT CORPORATION CMN - 203 SHS   2016-12-02 2023-09-15
MONDELEZ INTERNATIONAL, INC. CMN - 128 SHS   2009-10-13 2023-09-15
MONDELEZ INTERNATIONAL, INC. CMN - 103 SHS   2010-01-04 2023-09-15
MONSTER BEVERAGE CORPORATION CMN - 244 SHS   2013-03-08 2023-09-15
MOODY'S CORPORATION CMN - 18 SHS   2012-08-03 2023-09-15
MORGAN STANLEY CMN - 86 SHS   2013-04-12 2023-09-15
MORGAN STANLEY CMN - 78 SHS   2008-10-27 2023-09-15
MORGAN STANLEY CMN - 299 SHS   2012-06-25 2023-09-15
MOTOROLA SOLUTIONS INC CMN - 23 SHS   2011-08-15 2023-09-15
MR COOPER GROUP INC CMN - 674 SHS   2019-08-07 2023-09-15
MSCI INC. CMN - 20 SHS   2016-11-10 2023-09-15
MURPHY USA INC. CMN - 95 SHS   2020-03-23 2023-09-15
NABORS INDUSTRIES LTD. CMN - 87 SHS   2020-10-05 2023-09-15
NEXTERA ENERGY, INC. CMN - 80 SHS   2012-12-28 2023-09-15
NEXTERA ENERGY, INC. CMN - 160 SHS   2011-11-18 2023-09-15
NEXTERA ENERGY, INC. CMN - 128 SHS   2010-03-08 2023-09-15
NEXTERA ENERGY, INC. CMN - 80 SHS   2010-06-29 2023-09-15
NORFOLK SOUTHERN CORP CMN - 48 SHS   2009-06-04 2023-09-15
NORTHEAST BANCORP, INC CMN - 192 SHS   2015-05-11 2023-09-15
NUCOR CORPORATION CMN - 74 SHS   2011-08-15 2023-09-15
NVIDIA CORPORATION CMN - 74 SHS   2019-04-02 2023-09-15
OCCIDENTAL PETROLEUM CORP CMN - 555 SHS   2020-10-05 2023-09-15
OLIN CORPORATION CMN - 786 SHS   2020-07-31 2023-09-15
ORACLE CORPORATION CMN - 147 SHS   2007-03-05 2023-09-15
ORACLE CORPORATION CMN - 123 SHS   2007-01-18 2023-09-15
ORACLE CORPORATION CMN - 119 SHS   2007-02-02 2023-09-15
ORACLE CORPORATION CMN - 55 SHS   2009-12-04 2023-09-15
ORACLE CORPORATION CMN - 283 SHS   2010-08-16 2023-09-15
ORACLE CORPORATION CMN - 43 SHS   2012-05-24 2023-09-15
ORACLE CORPORATION CMN - 120 SHS   2011-08-15 2023-09-15
PACCAR INC CMN - 65 SHS   2009-01-29 2023-09-15
PALO ALTO NETWORKS INC. CMN - 108 SHS   2017-09-05 2023-09-15
PARKER-HANNIFIN CORP. CMN - 23 SHS   2011-10-18 2023-09-15
PATTERSON-UTI ENERGY, INC. CMN REG OFFER 23054738 - 1815 SHS   2020-03-23 2023-09-15
PAYCHEX, INC. CMN - 48 SHS   2012-05-24 2023-09-15
PBF ENERGY INC. CMN - 330 SHS   2020-11-05 2023-09-15
PPG INDUSTRIES, INC. CMN - 67 SHS   2009-01-29 2023-09-15
PULTEGROUP INC. CMN - 83 SHS   2012-06-25 2023-09-15
QUANTA SERVICES INC CMN - 43 SHS   2011-05-13 2023-09-15
RAMBUS INC CMN - 338 SHS   2019-08-22 2023-09-15
RANGE RESOURCES CORPORATION CMN - 545 SHS   2020-03-23 2023-09-15
REPUBLIC SERVICES INC CMN - 37 SHS   2009-05-04 2023-09-15
ROPER TECHNOLOGIES INC CMN - 19 SHS   2010-06-29 2023-09-15
RTX CORP CMN - 112 SHS   2009-07-09 2023-09-15
RUSH ENTERPRISES, INC CMN CLASS A - 264 SHS   2016-04-11 2023-09-15
SALESFORCE INC CMN - 35 SHS   2011-12-19 2023-09-15
SALESFORCE INC CMN - 57 SHS   2013-08-21 2023-09-15
SHERWIN-WILLIAMS CO CMN - 42 SHS   2013-08-21 2023-09-15
SOUTHWESTERN ENERGY CO. CMN - 809 SHS   2019-08-22 2023-09-15
STARBUCKS CORP. CMN - 107 SHS   2011-05-13 2023-09-15
STEEL DYNAMICS, INC. CMN - 216 SHS   2015-02-18 2023-09-15
STRYKER CORPORATION CMN - 50 SHS   2009-05-04 2023-09-15
STRYKER CORPORATION CMN - 28 SHS   2011-10-18 2023-09-15
STRYKER CORPORATION CMN - 24 SHS   2013-08-21 2023-09-15
SUPER MICRO COMPUTER, INC. CMN - 25 SHS   2021-09-03 2023-09-15
TAYLOR MORRISON HOME CORP. CMN - 321 SHS   2016-01-29 2023-09-15
TE CONNECTIVITY LTD CMN - 107 SHS   2012-06-25 2023-09-15
TERADYNE INC CMN - 64 SHS   2016-11-10 2023-09-15
TEXAS INSTRUMENTS INC. CMN - 54 SHS   2013-07-11 2023-09-15
THE HERSHEY COMPANY CMN - 36 SHS   2009-06-04 2023-09-15
THE HOME DEPOT, INC. CMN - 25 SHS   2011-05-13 2023-09-15
THE PROGRESSIVE CORPORATION CMN - 78 SHS   2014-10-17 2023-09-15
THERMO FISHER SCIENTIFIC INC CMN - 36 SHS   2013-08-21 2023-09-15
TIDEWATER INC. CMN - 372 SHS   2020-07-31 2023-09-15
T-MOBILE US, INC. CMN - 174 SHS   2016-01-29 2023-09-15
TRADE DESK, INC. (THE) CMN - 80 SHS   2018-09-14 2023-09-15
TRANE TECHNOLOGIES PUBLIC LIMI CMN - 79 SHS   2011-09-15 2023-09-15
TRINET GROUP, INC. CMN - 68 SHS   2016-05-12 2023-09-15
UNION PACIFIC CORP. CMN - 73 SHS   2012-11-16 2023-09-15
UNITED STATES STEEL CORP CMN - 478 SHS   2020-09-04 2023-09-15
VALERO ENERGY CORPORATION CMN - 44 SHS   2012-08-03 2023-09-15
VISA INC. CMN CLASS A - 36 SHS   2012-08-03 2023-09-15
VISA INC. CMN CLASS A - 23 SHS   2012-10-12 2023-09-15
VISTA OUTDOOR INC. CMN - 644 SHS   2019-12-27 2023-09-15
VMWARE, INC. CMN CLASS A - 172 SHS   2016-01-29 2023-09-15
VULCAN MATERIALS CO CMN - 24 SHS   2010-10-18 2023-09-15
WALT DISNEY COMPANY (THE) CMN - 61 SHS   2008-12-29 2023-09-15
WASTE MANAGEMENT INC CMN - 47 SHS   2009-07-09 2023-09-15
WASTE MANAGEMENT INC CMN - 51 SHS   2009-04-02 2023-09-15
WESCO INTERNATIONAL INC. CMN - 455 SHS   2020-04-23 2023-09-15
ZOETIS INC. CMN CLASS A - 61 SHS   2014-04-04 2023-09-15
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,360   873 4,487
b 9,341   1,509 7,832
c 6,279   1,029 5,250
d 7,198   1,197 6,001
e 16,692   2,551 14,141
28,261   6,554 21,707
6,380   579 5,801
28,153   3,548 24,605
7,706   1,468 6,238
7,278   767 6,511
8,504   1,624 6,880
7,933   1,975 5,958
10,069   2,355 7,714
7,292   355 6,937
11,966   1,421 10,545
6,189   541 5,648
10,866   941 9,925
5,364   484 4,880
21,732   2,002 19,730
5,364   520 4,844
16,367   1,578 14,789
23,932   2,801 21,131
22,139   1,768 20,371
22,139   1,880 20,259
10,931   943 9,988
11,069   959 10,110
5,535   483 5,052
22,139   2,005 20,134
5,535   522 5,013
16,604   1,582 15,022
24,353   2,810 21,543
12,176   1,422 10,754
10,516   1,653 8,863
24,403   6,314 18,089
5,591   853 4,738
21,748   4,273 17,475
5,536   1,188 4,348
26,929   3,628 23,301
75,541   12,619 62,922
531,236   105,364 425,872
14,416   1,618 12,798
11,505   874 10,631
17,948   3,603 14,345
24,937   5,310 19,627
27,347   5,385 21,962
5,174   967 4,207
5,098   966 4,132
4,902   809 4,093
41,211   9,792 31,419
7,684   2,046 5,638
6,624   1,839 4,785
30,293   6,587 23,706
5,610   1,251 4,359
5,589   1,443 4,146
18,864   4,241 14,623
6,371   1,378 4,993
15,323   2,135 13,188
8,637   988 7,649
9,194   767 8,427
9,919   2,136 7,783
6,235   600 5,635
7,882   1,950 5,932
5,005   993 4,012
9,083   1,616 7,467
26,973   4,895 22,078
6,556   1,869 4,687
5,739   1,001 4,738
7,652   1,427 6,225
6,015   1,036 4,979
8,090   1,466 6,624
12,893   1,880 11,013
11,211   1,988 9,223
6,610   402 6,208
17,506   3,395 14,111
15,704   2,133 13,571
6,196   1,228 4,968
21,009   4,693 16,316
17,241   4,034 13,207
5,608   1,282 4,326
12,420   2,591 9,829
20,675   3,502 17,173
7,399   1,271 6,128
17,925   2,498 15,427
10,192   2,054 8,138
6,429   985 5,444
5,132   978 4,154
4,649   852 3,797
6,711   860 5,851
5,273   927 4,346
15,702   3,128 12,574
35,784   8,265 27,519
5,553   965 4,588
30,162   6,674 23,488
15,915   4,438 11,477
23,464   5,457 18,007
6,709   1,317 5,392
8,498   2,151 6,347
6,039   1,419 4,620
9,435   1,555 7,880
17,063   1,775 15,288
15,738   3,303 12,435
15,334   3,387 11,947
11,358   1,381 9,977
5,053   666 4,387
5,053   534 4,519
5,053   697 4,356
21,104   3,375 17,729
14,138   3,376 10,762
34,379   8,367 26,012
5,319   1,007 4,312
5,960   1,582 4,378
80,620   13,478 67,142
14,966   2,556 12,410
7,680   1,671 6,009
46,164   5,203 40,961
7,493   1,243 6,250
10,750   2,537 8,213
71,912   13,027 58,885
15,540   2,918 12,622
67,649   12,084 55,565
9,220   2,104 7,116
7,419   1,792 5,627
13,693   1,929 11,764
6,191   732 5,459
7,620   846 6,774
6,911   1,118 5,793
26,491   4,044 22,447
6,531   948 5,583
36,238   5,904 30,334
10,793   1,624 9,169
31,492   7,977 23,515
11,635   2,161 9,474
5,522   1,376 4,146
11,043   2,220 8,823
8,834   1,527 7,307
5,522   968 4,554
9,793   1,934 7,859
8,609   1,841 6,768
11,661   2,555 9,106
32,904   3,420 29,484
36,768   5,755 31,013
39,373   8,843 30,530
16,683   2,459 14,224
13,960   2,122 11,838
13,506   2,090 11,416
6,242   1,267 4,975
32,119   6,509 25,610
4,880   1,145 3,735
13,619   3,294 10,325
5,557   1,118 4,439
26,013   5,191 20,822
9,019   1,785 7,234
27,785   4,106 23,679
5,613   1,452 4,161
17,694   1,759 15,935
8,994   1,353 7,641
6,288   766 5,522
8,604   853 7,751
18,915   4,124 14,791
17,540   1,478 16,062
5,570   861 4,709
9,404   1,083 8,321
8,455   2,028 6,427
10,572   3,029 7,543
7,542   920 6,622
12,283   2,516 9,767
10,959   2,396 8,563
5,250   1,298 3,952
10,339   1,951 8,388
21,364   4,171 17,193
14,828   1,976 12,852
8,304   1,359 6,945
7,118   1,631 5,487
6,269   950 5,319
14,329   3,736 10,593
13,569   3,376 10,193
6,118   1,498 4,620
8,866   2,027 6,839
7,654   1,268 6,386
8,063   960 7,103
10,854   1,933 8,921
18,814   3,243 15,571
25,201   2,318 22,883
24,767   5,231 19,536
6,668   1,169 5,499
15,961   1,637 14,324
8,004   1,265 6,739
15,535   4,293 11,242
14,651   3,665 10,986
6,326   1,134 5,192
8,710   1,205 7,505
5,565   808 4,757
18,943   4,772 14,171
28,703   3,222 25,481
5,069   871 4,198
5,203   1,037 4,166
7,588   1,281 6,307
8,234   1,357 6,877
69,866   10,371 59,495
11,131   1,811 9,320
3,469     3,469
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       4,487
b       7,832
c       5,250
d       6,001
e       14,141
      21,707
      5,801
      24,605
      6,238
      6,511
      6,880
      5,958
      7,714
      6,937
      10,545
      5,648
      9,925
      4,880
      19,730
      4,844
      14,789
      21,131
      20,371
      20,259
      9,988
      10,110
      5,052
      20,134
      5,013
      15,022
      21,543
      10,754
      8,863
      18,089
      4,738
      17,475
      4,348
      23,301
      62,922
      425,872
      12,798
      10,631
      14,345
      19,627
      21,962
      4,207
      4,132
      4,093
      31,419
      5,638
      4,785
      23,706
      4,359
      4,146
      14,623
      4,993
      13,188
      7,649
      8,427
      7,783
      5,635
      5,932
      4,012
      7,467
      22,078
      4,687
      4,738
      6,225
      4,979
      6,624
      11,013
      9,223
      6,208
      14,111
      13,571
      4,968
      16,316
      13,207
      4,326
      9,829
      17,173
      6,128
      15,427
      8,138
      5,444
      4,154
      3,797
      5,851
      4,346
      12,574
      27,519
      4,588
      23,488
      11,477
      18,007
      5,392
      6,347
      4,620
      7,880
      15,288
      12,435
      11,947
      9,977
      4,387
      4,519
      4,356
      17,729
      10,762
      26,012
      4,312
      4,378
      67,142
      12,410
      6,009
      40,961
      6,250
      8,213
      58,885
      12,622
      55,565
      7,116
      5,627
      11,764
      5,459
      6,774
      5,793
      22,447
      5,583
      30,334
      9,169
      23,515
      9,474
      4,146
      8,823
      7,307
      4,554
      7,859
      6,768
      9,106
      29,484
      31,013
      30,530
      14,224
      11,838
      11,416
      4,975
      25,610
      3,735
      10,325
      4,439
      20,822
      7,234
      23,679
      4,161
      15,935
      7,641
      5,522
      7,751
      14,791
      16,062
      4,709
      8,321
      6,427
      7,543
      6,622
      9,767
      8,563
      3,952
      8,388
      17,193
      12,852
      6,945
      5,487
      5,319
      10,593
      10,193
      4,620
      6,839
      6,386
      7,103
      8,921
      15,571
      22,883
      19,536
      5,499
      14,324
      6,739
      11,242
      10,986
      5,192
      7,505
      4,757
      14,171
      25,481
      4,198
      4,166
      6,307
      6,877
      59,495
      9,320
      3,469
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 2,826,843
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  
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 right arrow 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) 1 40,036
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 40,036
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 40,036
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 41,366
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,366
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 1,330
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowIA
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 2023 or the taxable year beginning in 2023? 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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 addressright arrowN/A
14
The books are in care ofright arrowDIANA LEDFORD Telephone no.right arrow (319) 294-3744

Located atright arrow9300 EARHART LN SWCEDAR RAPIDSIA ZIP+4right arrow52404
15
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
15
 
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)
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
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 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.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
CHRISTOPHER DEWOLF CO-TRUSTEE
1.00 		0 0 0
9300 EARHART LN SW
CEDAR RAPIDS,IA52404
SUZANNE DEWOLF CO-TRUSTEE
1.00 		0 0 0
9300 EARHART LN SW
CEDAR RAPIDS,IA52404
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...................right arrow 0
Form 990-PF (2023)
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 arrow0
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 arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
1,152,096
b
Average of monthly cash balances.......................
1b
17,051
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,169,147
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
1,169,147
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
17,537
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,151,610
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
57,581
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
57,581
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
40,036
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
40,036
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
17,545
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
17,545
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
17,545
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
0
b
Program-related investments—total from Part VIII-B..................
1b
0
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
0
Form 990-PF (2023)
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 17,545
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
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: right arrow$ 0
a Applied to 2022, 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 2023 distributable amount..... 0
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 .......... 		17,545
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)
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 or
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
         
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).)
CHRISTOPHER DEWOLF
SUZANNE DEWOLF
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
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)
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)
aPaid during the year
Total .................................right arrow 3a 0
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
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
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 54,592  
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 2,826,843  
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 2,881,435 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,881,435
(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 (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
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
2023
Name of the organization
DEWOLF FAMILY FOUNDATION
 
Employer identification number

92-1952229
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) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
DEWOLF FAMILY FOUNDATION
  		Employer identification number
92-1952229
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
CHRISTOPHER AND SUZANNE DEWOLF
9300 EARHART LN SW
 
CEDAR RAPIDS, IA52404

$ 3,496,201


(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.)
(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) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
DEWOLF FAMILY FOUNDATION
  		Employer identification number

92-1952229
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
1
 PUBLICLY TRADED SECURITIES $ 3,496,201 2023-09-05
(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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
DEWOLF FAMILY FOUNDATION
  		Employer identification number

92-1952229
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) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 InvestmentsCorpBondsSchedule
Name:
DEWOLF FAMILY FOUNDATION
EIN:
92-1952229
Name of Bond End of Year Book Value End of Year Fair Market Value
GS GOVERNMENT/CORPORATE FIXED INCOME 764,532 764,532
GS HIGH YIELD FUND 293,265 293,265

TY 2023 InvestmentsCorpStockSchedule
Name:
DEWOLF FAMILY FOUNDATION
EIN:
92-1952229
Name of Stock End of Year Book Value End of Year Fair Market Value
ISHARES S&P 500 INDEX FUND 1,665,137 1,665,137
ISHARES RUSSELL 2000 SMALL-CAP INDEX FUND 255,710 255,710
ISHARES MSCI EAFE INTERNATIONAL INDEX FUND 293,177 293,177
SSGA HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND 279,848 279,848
SSGA EMERGING MARKET EQUITY INDEX FUND 90,701 90,701

TY 2023 OtherDecreasesSchedule
Name:
DEWOLF FAMILY FOUNDATION
EIN:
92-1952229
Description Amount
BASIS DIFFERENCE IN ASSETS CONTRIBUTED 2,640,502


TY 2023 OtherProfessionalFeesSchedule
Name:
DEWOLF FAMILY FOUNDATION
EIN:
92-1952229
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 2,246 2,246   0


TY 2023 SubstantialContributorsSch
Name:
DEWOLF FAMILY FOUNDATION
EIN:
92-1952229
Name Address
CHRISTOPHER AND SUZANNE DEWOLF 9300 EARHART LANE SW
CEDAR RAPIDS,IA52404


TY 2023 TaxesSchedule
Name:
DEWOLF FAMILY FOUNDATION
EIN:
92-1952229
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 1,517 1,517   0