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 06-01-2023 , and ending 05-31-2024
Name of foundation
HELIOS FOUNDATION
C/O SCHAPER BENZ & WISE INV CNSL
Number and street (or P.O. box number if mail is not delivered to street address)40 JEWELERS PARK STE 200 PO BOX 6
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEENAH, WI549570628
A Employer identification number

39-1532106
B Telephone number (see instructions)

(920) 727-1137
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$13,360,706J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 271,471 271,471  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 521,506
b Gross sales price for all assets on line 6a 1,824,088
7 Capital gain net income (from Part IV, line 2)... 521,506
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,579 5,579  
12 Total. Add lines 1 through 11........ 798,556 798,556  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 100,110 46,055   54,055
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,015 0   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
8,569 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,877 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 114,571 46,055   54,055
25 Contributions, gifts, grants paid....... 890,000 890,000
26 Total expenses and disbursements. Add lines 24 and 25 1,004,571 46,055   944,055
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -206,015
b Net investment income (if negative, enter -0-) 752,501
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.............      
2 Savings and temporary cash investments......... 208,823 478,084 478,084
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) 835,922 Click to see attachment
List of Attached Documents:
// Content
939,596 		937,095
b Investments—corporate stock (attach schedule)....... 6,147,334 Click to see attachment
List of Attached Documents:
// Content
5,664,004 		11,387,340
c Investments—corporate bonds (attach schedule)....... 341,920 Click to see attachment
List of Attached Documents:
// Content
341,920 		340,116
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).......... 287,234 Click to see attachment
List of Attached Documents:
// Content
187,234 		218,071
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
4,380 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,821,233 7,615,218 13,360,706
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........ 7,821,233 7,615,218
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 7,821,233 7,615,218
30 Total liabilities and net assets/fund balances (see instructions). 7,821,233 7,615,218
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
7,821,233
2
Enter amount from Part I, line 27a .....................
2
-206,015
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,615,218
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,615,218
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 ADOBE P 2011-11-18 2023-06-12
b ALPHABET C P 2016-11-12 2023-06-12
c ORACLE P 2011-11-18 2023-06-12
d BERKSHIRE HATHAWAY P 2022-03-18 2023-08-08
e NATIONAL INSTRUMENTS P 2007-05-03 2023-10-12
NATIONAL INSTRUMENTS P 2011-11-18 2023-10-12
NATIONAL INSTRUMENTS P 2011-11-21 2023-10-12
NATIONAL INSTRUMENTS P 2012-03-06 2023-10-12
NATIONAL INSTRUMENTS P 2012-05-22 2023-10-12
NATIONAL INSTRUMENTS P 2012-10-25 2023-10-12
NATIONAL INSTRUMENTS P 2019-05-29 2023-10-12
NATIONAL INSTRUMENTS P 2020-03-17 2023-10-12
NATIONAL INSTRUMENTS P 2021-05-24 2023-10-12
AFLAC P 2016-11-12 2023-11-20
AFLAC P 2016-11-12 2023-11-22
BERKSHIRE HATHAWAY P 2022-03-18 2023-11-22
US TREASURY BOND P 2022-02-07 2023-11-30
GE HEALTHCARE TECHNOLOGIES P 2014-12-23 2024-02-05
GE HEALTHCARE TECHNOLOGIES P 2016-11-12 2024-02-05
GE HEALTHCARE TECHNOLOGIES P 2017-07-06 2024-02-05
GE HEALTHCARE TECHNOLOGIES P 2020-03-06 2024-02-05
MATTHEWS ASIA DIVIDEND FUND INST P 2012-12-21 2024-02-15
MATTHEWS ASIA DIVIDEND FUND INST P 2015-12-10 2024-02-15
MATTHEWS ASIA DIVIDEND FUND INST P 2016-12-07 2024-02-15
MATTHEWS ASIA DIVIDEND FUND INST P 2017-12-06 2024-02-15
MATTHEWS ASIA DIVIDEND FUND INST P 2018-12-12 2024-02-15
MATTHEWS ASIA DIVIDEND FUND INST P 2021-12-15 2024-02-15
MEDTRONIC P 2016-11-12 2024-03-11
WATERS P 2016-11-12 2024-03-11
US TREASURY BOND P 2021-11-23 2024-03-15
US TREASURY BOND P 2023-05-24 2024-03-15
GE VERNOVA P 2016-11-12 2024-04-02
ALPHABET C P 2016-11-12 2024-04-29
CHARLES SCHWAB CD P 2023-03-24 2024-05-02
ALPHABET C P 2016-11-12 2024-05-17
GE VERNOVA P 2014-12-23 2024-05-17
GE VERNOVA P 2016-11-12 2024-05-17
GE VERNOVA P 2017-07-06 2024-05-17
GE VERNOVA P 2020-03-06 2024-05-17
WATERS P 2016-11-12 2024-05-17
(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 47,232   2,739 44,493
b 74,313   22,474 51,839
c 70,031   18,251 51,780
d 109,030   102,566 6,464
e 20,340   6,332 14,008
72,000   32,439 39,561
60,000   25,880 34,120
18,000   7,667 10,333
48,660   21,378 27,282
15,000   5,973 9,027
60,000   39,196 20,804
60,000   27,889 32,111
30,000   20,024 9,976
40,750   18,262 22,488
41,275   18,262 23,013
108,491   102,566 5,925
200,000   197,268 2,732
6,107   10,837 -4,730
15,219   31,848 -16,629
1,527   2,745 -1,218
7,634   4,972 2,662
46,690   50,000 -3,310
710   796 -86
555   679 -124
1,051   1,495 -444
2,751   3,339 -588
7,821   11,003 -3,182
34,118   32,078 2,040
35,292   14,200 21,092
200,000   197,805 2,195
100,000   96,146 3,854
70   80 -10
67,944   14,983 52,961
100,000   100,000 0
35,417   7,491 27,926
10,087   8,325 1,762
25,136   24,465 671
2,522   2,109 413
12,608   3,820 8,788
35,707   14,200 21,507
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       44,493
b       51,839
c       51,780
d       6,464
e       14,008
      39,561
      34,120
      10,333
      27,282
      9,027
      20,804
      32,111
      9,976
      22,488
      23,013
      5,925
      2,732
      -4,730
      -16,629
      -1,218
      2,662
      -3,310
      -86
      -124
      -444
      -588
      -3,182
      2,040
      21,092
      2,195
      3,854
      -10
      52,961
      0
      27,926
      1,762
      671
      413
      8,788
      21,507
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 2 521,506
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 10,460
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 10,460
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 10,460
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 3,059
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 3,059
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 349
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 7,750
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 arrowWI
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. ...............................
10
 
No
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 arrowKIMBERLY PETERSEN SCHAPER BENZ Telephone no.right arrow (920) 727-1137

Located atright arrow40 JEWELERS PARK SUITE 200 PO BOX628NEENAHWI ZIP+4right arrow549570628
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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
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
NANCY MCLOUGHLIN DIRECTOR
0.00 		0 0 0
255 CEDAR ROAD
MYSTIC,CT06355
PAT MCLOUGHLIN DIRECTOR
0.00 		0 0 0
15 COVE STREET
NOANK,CT06340
DANIEL JACOB DIRECTOR
0.00 		0 0 0
321 KENT STREET
BOSTON,MA02446
JULIANA KELLY DIRECTOR
0.00 		0 0 0
4609 BROWNDALE AVENUE
EDINA,MN55424
CHRISTINA SIDDALL DIRECTOR
0.00 		0 0 0
215 EAST GALENA STREET
HAILEY,ID83333
BARBARA AALFS DIRECTOR
0.00 		0 0 0
4208 PERRY WAY
SIOUX CITY,IA51104
BEN MCLOUGHLIN DIRECTOR
0.00 		0 0 0
PO BOX 696
CRESTED BUTTE,CO81224
DAVID JACOB DIRECTOR
0.00 		0 0 0
1101 E BOBE ST UNIT A
PENSACOLA,FL32503
BETSEY THOMSON DIRECTOR
0.00 		0 0 0
716 MORNING STAR ROAD
SUN VALLEY,ID83353
JOHN BUCHANAN DIRECTOR/PRESIDENT
2.00 		20,000 0 0
2631 NORTHERN ROAD 900
APPLETON,WI54914
SCHAPER BENZ WISE INVESTMENT CNSL ADMINISTRATOR
5.00 		80,110 0 0
18 JEWELERS PARK SUITE 200 PO BOX
628
NEENAH,WI549570628
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
SCHAPER BENZ & WISE INVESTMENT COUNSEL INC INVESTMENT MGMT 80,110
40 JEWELERS PARK SUITE 200 PO BOX
628
NEENAH,WI549570628
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 NOT APPLICABLE 0
2 THE SOLE CHARITABLE ACTIVITY OF THIS ORGANIZATION IS THE MAKING OF CONTRIBUTIONS AND GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS. NO DIRECT CHARITABLE ACTIVITIES ARE CONDUCTED. 0
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 NONE 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
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
12,751,475
b
Average of monthly cash balances.......................
1b
397,318
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
13,148,793
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
13,148,793
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
197,232
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,951,561
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
647,578
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
647,578
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
10,460
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
10,460
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
637,118
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
637,118
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
637,118
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
944,055
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
944,055
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 7 637,118
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...... 40,655
b From 2019...... 14,804
c From 2020......  
d From 2021...... 67,502
e From 2022...... 125,000
f Total of lines 3a through e ........ 247,961
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 944,055
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..... 637,118
e Remaining amount distributed out of corpus 306,937
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 5 554,898
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 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		40,655
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		514,243
10 Analysis of line 9:
a Excess from 2019.... 14,804
b Excess from 2020....  
c Excess from 2021.... 67,502
d Excess from 2022.... 125,000
e Excess from 2023.... 306,937
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).)
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 e-mail address of the person to whom applications should be addressed:
HELIOS FOUNDATION
40 JEWELERS PARK SUITE 200 PO BOX
628
NEENAH,WI549570628
(920) 727-1137
bThe form in which applications should be submitted and information and materials they should include:
NO FORMAL APPLICATION REQUIRED
cAny submission deadlines:
NO SUBMISSION DEADLINE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NO RESTRICTIONS OR LIMITATIONS
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

180 DEGREES

1301 7TH ST E
ST PAUL,MN55106 		N/A PUBLIC GENERAL SUPPORT 1,500

A SACRED PLACE

PO BOX 48
NIANTIC,CT06357 		N/A PUBLIC GENERAL SUPPORT 5,000

ALLIANCE OF IDAHO

121 HONEYSUCKLE ST
BELLEVUE,ID83333 		N/A PUBLIC GENERAL SUPPORT 10,000

ANIMAL RESCUE LEAGUE OF BOSTON

10 CHANDLER ST
BOSTON,MA02116 		N/A PUBLIC GENERAL SUPPORT 15,000

ARCH COMMUNITY HOUSING TRUST

PO BOX 1292
KETCHUM,ID83340 		N/A PUBLIC GENERAL SUPPORT 10,000

BLAINE COUNTY CHARITABLE FUND

PO BOX 265
HAILEY,ID83333 		N/A PUBLIC GENERAL SUPPORT 5,000

BLAINE COUNTY EDUCATION FOUNDATION

PO BOX 253
HAILEY,ID83333 		N/A PUBLIC GENERAL SUPPORT 10,000

BOYS & GIRLS CLUB OF SIOUXLAND INC

823 PEARL ST
SIOUX CITY,IA51101 		N/A PUBLIC GENERAL SUPPORT 25,000

CAMP RAINBOW GOLD

1120 S FIVE MILE RD
BOISE,ID83709 		N/A PUBLIC GENERAL SUPPORT 5,000

CASA MYRNA

451 BLUE HILL AVE
BOSTON,MA02121 		N/A PUBLIC GENERAL SUPPORT 3,000

CENTER FOR PROCESS STUDIES

5678 SE HARLENE ST
PORTLAND,OR97222 		N/A PUBLIC GENERAL SUPPORT 290,000

CENTER FOR THE ARTS CRESTED BUTTE

PO BOX 1819
CRESTED BUTTE,CO81224 		N/A PUBLIC GENERAL SUPPORT 8,000

CHILD & FAMILY AGENCY OF SE CT

225 HEMPSTEAD ST
NEW LONDON,CT06320 		N/A PUBLIC GENERAL SUPPORT 25,000

CHRISTINE ANN DOMESTIC ABUSE SERVICES

206 ALGOMA BLVD
OSHKOSH,WI54901 		N/A PUBLIC SERVICE DOG MAINTENANCE 2,500

COMMUNITY SPEAKS OUT

214B THAMES ST
GROTON,CT06340 		N/A PUBLIC GENERAL SUPPORT 2,500

CONGREGATION KEHILLATH ISRAEL

384 HARVARD ST
BROOKLINE,MA02446 		N/A PUBLIC GENERAL SUPPORT 4,000

CONSTELLATION FUND

323 NORTH WASHINGTON AVE STE 200
MINNEAPOLIS,MN55401 		N/A PUBLIC GENERAL SUPPORT 10,000

CRESTED BUTTE LAND TRUST

PO BOX 2224
CRESTED BUTTE,CO81224 		N/A PUBLIC GENERAL SUPPORT 8,000

CRITTENTON CENTER

600 4TH ST STE 100
SIOUX CITY,IA51101 		N/A PUBLIC GENERAL SUPPORT 20,000

EDINA STING BASEBALL CLUB

7105 HEATHERTON TRAIL
EDINA,MN55435 		N/A PUBLIC BASEBALL HALL OF FAME INVITATIONAL 500

EMPOWERS AFRICA INC

2 BEEKMAN PLACE STE 18B
NEW YORK,NY10022 		N/A PUBLIC BOTSWANA PROJECT 5,000

FARM AID

501 CAMBRIDGE ST 3RD FL
CAMBRIDGE,MA02141 		N/A PUBLIC GENERAL SUPPORT 10,000

GROTON OPEN SPACE ASSOCIATION

PO BOX 9187
GROTON,CT06340 		N/A PUBLIC GENERAL SUPPORT 10,000

HAITIAN HEALTH FOUNDATION

97 SHERMAN ST
NORWICH,CT06360 		N/A PUBLIC GENERAL SUPPORT 5,000

HARVEST HOPE FOOD BANK

2220 SHOP ROAD
COLUMBIA,SC29201 		N/A PUBLIC GENERAL SUPPORT 2,500

HENNEPIN THEATRE TRUST

900 HENNEPIN AVE
MINNEAPOLIS,MN55403 		N/A PUBLIC GENERAL SUPPORT 3,000

HENRY L FERGUSON MUSEUM

PO BOX 554
FISHERS ISLAND,NY06390 		N/A PUBLIC FISHER ISLAND LAND TRUST 5,000

HIGH COUNTRY CONSERVATION ADVOCATES

PO BOX 1066
CRESTED BUTTE,CO81224 		N/A PUBLIC GENERAL SUPPORT 6,000

IMAGINE SCHOLAR

PO BOX 3083
REDMOND,WA98073 		N/A PUBLIC GENERAL SUPPORT 5,000

INSTITUTE FOR ECOLOGICAL CIVILIZATION

2358 UNIVERSITY AVE 2189
SAN DIEGO,CA92104 		N/A PUBLIC GENERAL SUPPORT 15,000

LIVING JOURNEYS

PO BOX 2024
CRESTED BUTTE,CO81224 		N/A PUBLIC GENERAL SUPPORT 5,000

LUTHERAN CHURCH OF THE GOOD SHEPARD

1829 N ROCKTON AVE
ROCKFORD,IL61103 		N/A PUBLIC NORTHWEST NEIGHBORS 10,000

MINNEAPOLIS INSTITUTE OF ARTS

2400 3RD AVENUE SOUTH
MINNEAPOLIS,MN55404 		N/A PUBLIC GENERAL SUPPORT 5,000

MINNESOTA PUBLIC RADIO

480 CEDAR ST
ST PAUL,MN55101 		N/A PUBLIC GENERAL SUPPORT 10,000

MOUNTAIN ROOTS FOOD PROJECT

PO BOX 323
GUNNISON,CO81230 		N/A PUBLIC GENERAL SUPPORT 8,000

MYSTIC RIVER HISTORICAL SOCIETY

PO BOX 245
MYSTIC,CT06355 		N/A PUBLIC 50TH ANNIVERSARY FUND 5,000

MYSTIC SEAPORT MUSEUM

75 GREENMANVILLE AVE PO BOX 6000
MYSTIC,CT06355 		N/A PUBLIC RESTORATION OF LA DUNTON 25,000

NEW LONDON HOMELESS HOSPITALITY CENTER

727 BANK ST
NEW LONDON,CT06320 		N/A PUBLIC GENERAL SUPPORT 22,500

NORTHERN VOICES

1660 WEST COUNTY ROAD B
ROSEVILLE,MN55113 		N/A PUBLIC GENERAL SUPPORT 2,500

NOWZAD

2770 MAIN ST 161
FRISCO,TX75033 		N/A PUBLIC GENERAL SUPPORT 2,500

ROTARUN SKI CLUB

PO BOX 2083
HAILEY,ID83333 		N/A PUBLIC GENERAL SUPPORT 5,000

SAFE FUTURES

16 JAY ST
NEW LONDON,CT06320 		N/A PUBLIC THE CENTER FOR SAFE FUTURES 25,000

SANFORD CENTER

1700 GENEVA ST
SIOUX CITY,IA51103 		N/A PUBLIC GENERAL SUPPORT 10,000

SAVANNAH SCIENCE MUSEUM INC

PO BOX 9841
SAVANNAH,GA31412 		N/A PUBLIC CARETTA RESEARCH PROJECT 5,000

SAVE THE CHILDREN

501 KINGS HIGHWAY EAST SUITE 400
FAIRFIELD,CT06825 		N/A PUBLIC AID TO WEST BANK & GAZA 10,000

SENIOR CONNECTION

721 3RD AVE SOUTH
HAILEY,ID83333 		N/A PUBLIC MEALS ON WHEELS PROGRAM 5,000

SIMPSON HOUSING SERVICES

160 GLENWOOD AVE
MINNEAPOLIS,MN55405 		N/A PUBLIC GENERAL SUPPORT 2,500

SIOUXLAND CARES ABOUT SUBSTANCE ABUSE

401 DOUGLAS ST STE 519
SIOUX CITY,IA51101 		N/A PUBLIC SUBSTANCE ABUSE PREVENTION; DATA 15,000

SIOUXLAND HABITAT FOR HUMANITY

1150 TRI VIEW AVE
SIOUX CITY,IA51102 		N/A PUBLIC GOLDEN HAMMER SPONSOR 25,000

SLO FOOD BANK

1180 KENDALL RD
SAN LUIS OBISPO,CA94301 		N/A PUBLIC GENERAL SUPPORT 2,500

SOLOMON SCHECHTER DAY SCHOOL

125 WELLS AVE
NEWTON,MA02459 		N/A PUBLIC GENERAL SUPPORT 5,000

SONORAN INSTITUTE

5049 E BROADWAY BLVD STE 127
TUCSON,AZ85711 		N/A PUBLIC GENERAL SUPPORT 5,000

SOUTHEAST SOCCER CLUB

11 HILLCREST DR
WATERFORD,CT06385 		N/A PUBLIC GENERAL SUPPORT 10,000

ST LUKES WOOD RIVER FOUNDATION

PO BOX 7005
KETCHUM,ID83340 		N/A PUBLIC GENERAL SUPPORT 10,000

SUN VALLEY COMMUNITY SCHOOL

1 COMMUNITY DR
SUN VALLEY,ID83353 		N/A PUBLIC GENERAL SUPPORT 4,000

THAMES RIVER COMMUNITY SERVICE INC

ONE THAMES RIVER PLACE
NORWICH,CT06360 		N/A PUBLIC GENERAL SUPPORT 5,000

THE ADVOCATES

211 SOUTH RIVER ST
HAILEY,ID83333 		N/A PUBLIC GENERAL SUPPORT 10,000

THE CRISIS HOTLINE

PO BOX 939
KETCHUM,ID83340 		N/A PUBLIC GENERAL SUPPORT 6,000

THE NATURE CONSERVANCY

159 WATERMAN ST
PROVIDENCE,RI02906 		N/A PUBLIC GENERAL SUPPORT 5,000

THE SPACE IDAHO INC

PO BOX 2777
HAILEY,ID83333 		N/A PUBLIC GENERAL SUPPORT 5,000

TREES WATER & PEOPLE

633 REMINGTON ST
FORT COLLINS,CO80524 		N/A PUBLIC GENERAL SUPPORT 15,000

UNION OF CONCERNED SCIENTISTS

2 BRATTLE SQUARE STE 6
CAMBRIDGE,MA02118 		N/A PUBLIC GENERAL SUPPORT 20,000

UNITED WAY OF SIOUXLAND

701 STEUBEN STREET
SIOUX CITY,IA51101 		N/A PUBLIC WOMEN UNITED & SOURCE FOR SIOUXLAND 15,000

VICTORY PROGRAMS INC

404 S HUNTINGTON AVE
BOSTON,MA02130 		N/A PUBLIC GENERAL SUPPORT 3,000

VOLUNTEERS ENLISTED TO ASSIST PEOPLE

9600 ALDRICH AVE SOUTH
BLOOMINGTON,MN55420 		N/A PUBLIC GENERAL SUPPORT 5,000

WALKER ART CENTER

725 VINELAND PL
MINNEAPOLIS,MN55403 		N/A PUBLIC GENERAL SUPPORT 5,000

WATCH HILL CONSERVANCY

ONE BAY ST
WATCH HILL,RI02891 		N/A PUBLIC NAPATREE POINT 5,000

WOOD RIVER LAND TRUST

119 EAST BULLION ST
HAILEY,ID83333 		N/A PUBLIC GENERAL SUPPORT 10,000

WORLD CENTRAL KITCHEN INC

PO BOX 96538
WASHINGTON,DC20090 		N/A PUBLIC GENERAL SUPPORT 5,000

WORLD LEARNING INC

1 KIPLING ROAD
BRATTLEBORO,VT05302 		N/A PUBLIC SCHOOL FOR INTERNATIONAL TRAINING 15,000
Total .................................right arrow 3a 890,000
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   271,471
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 .....     14   5,579
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18   521,506
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 0 798,556
13Total. Add line 12, columns (b), (d), and (e)..................
13
798,556
(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.)
4 NOT APPLICABLE
7 NOT APPLICABLE
8 NOT APPLICABLE
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

TY 2023 AllOthProgRltdInvestmentsSch
Name:
HELIOS FOUNDATION
 
C/O SCHAPER BENZ & WISE INV CNSL
EIN:
39-1532106
Category Amount
NONE 0

TY 2023 InvestmentsCorpBondsSchedule
Name:
HELIOS FOUNDATION
 
C/O SCHAPER BENZ & WISE INV CNSL
EIN:
39-1532106
Name of Bond End of Year Book Value End of Year Fair Market Value
AMCOR FIN (USA) BOND 92,255 96,036
GLOBAL PAYMENTS BOND 151,227 146,625
ORACLE CORP BOND 98,438 97,455

TY 2023 InvestmentsCorpStockSchedule
Name:
HELIOS FOUNDATION
 
C/O SCHAPER BENZ & WISE INV CNSL
EIN:
39-1532106
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 93,069 286,132
ADOBE 16,433 266,856
AFLAC 65,725 269,610
ALIGN TECHNOLOGY INC 40,578 38,582
ALPHABET (GOOGLE) CL A 24,089 276,000
ALPHABET (GOOGLE) CL C 68,894 487,088
AMERICAN EXPRESS 40,609 192,000
AMETEK 67,403 237,412
ANALOG DEVICES 110,302 281,388
ANSYS INC 79,929 95,235
AUTOMATIC DATA PROCESSING 60,016 195,936
BERKSHIRE HATHAWAY - CL A 1,746 1,254,800
CISCO SYSTEMS 217,670 372,000
COCA-COLA 199,905 314,650
COMCAST 93,865 100,075
DODGE & COX INTL STOCK 60,192 86,555
DUKE ENERGY 109,211 165,712
EVERGY 90,691 136,650
FRANKLIN RESOURCES 140,344 118,000
GENERAL ELECTRIC 152,698 206,425
GLOBAL PAYMENTS 145,042 101,850
HARBOR INTERNATIONAL 54,301 62,003
HARDING LOEVNER EMERGING MARKETS 50,020 51,622
HOME DEPOT 22,436 200,922
IBM 190,943 216,905
IDEXX LABORATORIES 38,698 99,390
INTEL 109,352 92,550
INTUITIVE SURGICAL 67,674 120,636
JOHNSON & JOHNSON 186,035 264,006
KIMBERLY-CLARK 145,165 213,280
LINDE PLC 65,380 174,208
MEDTRONIC PLC 124,651 130,192
NESTLE - ADR 118,376 159,450
NIKE 80,039 142,575
ORACLE 25,198 117,190
PAYCHEX 56,435 240,320
PAYPAL HOLDINGS 296,914 188,970
PFIZER 185,656 171,960
REGENERON 113,613 294,048
ROCHE HOLDINGS ADR 160,114 160,050
SOUTHERN COMPANY 110,922 200,350
SS&C TECHNOLOGIES 102,931 186,150
STERICYCLE 150,030 103,080
STRYKER 47,630 341,090
SYSCO 91,863 218,460
T. ROWE PRICE 133,114 235,660
TEMPLETON FOREIGN 54,526 75,270
TRUIST FINANCIAL 81,474 94,375
UBER TECHNOLOGIES 76,491 129,120
UNION PACIFIC 68,679 162,974
US BANCORP 154,657 162,200
VISA 102,011 163,476
WALGREENS BOOTS ALLIANCE 219,616 56,770
WALT DISNEY 89,596 124,692
WATERS CORP 117,489 370,680
WELLS FARGO 93,564 179,760

TY 2023 InvestmentsGovtObligationsSch
Name:
HELIOS FOUNDATION
 
C/O SCHAPER BENZ & WISE INV CNSL
EIN:
39-1532106
US Government Securities - End of Year Book Value:

939,596
US Government Securities - End of Year Fair Market Value:

937,095
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
HELIOS FOUNDATION
 
C/O SCHAPER BENZ & WISE INV CNSL
EIN:
39-1532106
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
KIMCO REALTY FMV 187,234 218,071

TY 2023 LegalFeesSchedule
Name:
HELIOS FOUNDATION
 
C/O SCHAPER BENZ & WISE INV CNSL
EIN:
39-1532106
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,015 0   0


TY 2023 OtherAssetsSchedule
Name:
HELIOS FOUNDATION
 
C/O SCHAPER BENZ & WISE INV CNSL
EIN:
39-1532106
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
UNDISTRIBUTED LONG-TERM CAPITAL GAIN PER FORM 2439 0 4,380 0


TY 2023 OtherExpensesSchedule
Name:
HELIOS FOUNDATION
 
C/O SCHAPER BENZ & WISE INV CNSL
EIN:
39-1532106
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADR AND OTHER FEES 382 0   0
FOREIGN TAX WITHHELD 2,495 0   0


TY 2023 OtherIncomeSchedule2
Name:
HELIOS FOUNDATION
 
C/O SCHAPER BENZ & WISE INV CNSL
EIN:
39-1532106
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FORM 2439 - CHARLES SCHWAB 4,380 4,380 4,380
MISCELLANEOUS INCOME 1,199 1,199 1,199


TY 2023 TaxesSchedule
Name:
HELIOS FOUNDATION
 
C/O SCHAPER BENZ & WISE INV CNSL
EIN:
39-1532106
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 6,119 0   0
PAYROLL TAXES 1,530 0   0
TAX PAID BY REIT PER FORM 2439 920 0   0