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 04-01-2023 , and ending 03-31-2024
Name of foundation
SCHILLING FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

81-6067894
B Telephone number (see instructions)

(503) 464-3580
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$402,595J 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... 12,954 12,836  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 25,721
b Gross sales price for all assets on line 6a 97,262
7 Capital gain net income (from Part IV, line 2)... 25,721
8 Net short-term capital gain......... 0
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
15 15  
12 Total. Add lines 1 through 11........ 38,690 38,572  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,093 5,484   609
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
609 278   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,202 5,762 0 2,109
25 Contributions, gifts, grants paid....... 25,000 25,000
26 Total expenses and disbursements. Add lines 24 and 25 33,202 5,762 0 27,109
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,488
b Net investment income (if negative, enter -0-) 32,810
c Adjusted net income (if negative, enter -0-)... 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......... 9,404 4,299 4,299
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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)....... 30,859 Click to see attachment
List of Attached Documents:
// Content
70,344 		104,537
c Investments—corporate bonds (attach schedule).......      
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).......... 305,251 Click to see attachment
List of Attached Documents:
// Content
276,361 		293,759
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) 345,514 351,004 402,595
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
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........ 345,514 351,004
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 345,514 351,004
30 Total liabilities and net assets/fund balances (see instructions). 345,514 351,004
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
345,514
2
Enter amount from Part I, line 27a .....................
2
5,488
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2
4
Add lines 1, 2, and 3 ..........................
4
351,004
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
351,004
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 29. ATT INC     2023-04-04
b 15. ABBOTT LABORATORIES     2023-04-04
c 40. CABOT OIL & GAS CORP CL A     2023-04-04
d 4. WALT DISNEY CO   2013-04-12 2023-04-04
e 50. ISHARES S&P 500 INDEX FUND     2023-04-04
3. ISHARES CORE MSCI EAFE ETF   2020-12-16 2023-04-04
8.36 CLEARBRIDGE INTERNATIONAL GROWTH   2021-04-09 2023-04-04
1. ALBEMARLE CORP   2020-06-01 2023-05-23
10. BANK OF AMERICA CORP   2020-03-24 2023-05-23
3. COPART INC COM   2023-04-04 2023-05-23
1. FACEBOOK INC A   2016-05-05 2023-05-23
4.344 CLEARBRIDGE INTERNATIONAL GROWTH   2021-04-09 2023-05-23
887.388 MAINSTAY CBRE GLOBAL INFRASTRUCTURE     2023-06-14
1. TARGET CORP   2023-04-04 2023-06-14
7. TARGET CORP     2023-06-14
24.961 AMERICAN BEACON STEPHENS MID CAP GR   2022-12-19 2023-08-14
10. ISHARES RUSSELL MIDCAP VALUE ETF   2019-11-14 2023-08-14
20. ISHARES RUSSELL MID CAP ETF   2020-12-16 2023-08-14
5. MFC ISHARES TR RUSSELL 2000 INDEX FD     2023-08-14
10. ISHARES MSCI EAFE VALUE ETF   2021-03-10 2023-08-14
20. ISHARES CORE MSCI EMERGING MKTS ETF     2023-08-14
2.502 CLEARBRIDGE INTERNATIONAL GROWTH   2021-04-09 2023-08-14
10. SCHWAB US REIT ETF   2023-02-27 2023-08-14
.3333 VERALTO CORP COM SHS   2023-04-04 2023-10-13
3. VERALTO CORP COM SHS     2023-10-17
30. PFIZER INC COM   2007-03-15 2023-12-13
3. JOHNSON & JOHNSON   2023-04-04 2024-01-08
9. JOHNSON & JOHNSON     2024-01-08
3. MCDONALDS CORP   2023-04-04 2024-01-08
3. MCDONALDS CORP   2012-08-13 2024-01-08
6. NIKE INC. CLASS B     2024-01-08
4. NIKE INC. CLASS B   2015-04-14 2024-01-08
2. PEPSICO INC   2023-06-14 2024-01-08
8. PEPSICO INC   2002-08-15 2024-01-08
2. ROPER INDS INC     2024-01-08
2. ROPER INDS INC   2021-03-09 2024-01-08
1. ALPHABET INC CL A   2008-11-04 2024-01-16
16. AMAZON COM INC COM   2017-09-27 2024-01-16
25.943 AMERICAN BEACON STEPHENS MID CAP GR   2022-12-19 2024-01-16
2. AMGEN INC   2019-06-06 2024-01-16
12. APPLE COMPUTER INC   2005-01-26 2024-01-16
8. CATERPILLAR INC     2024-01-16
8. CHEVRONTEXACO CORP COM   2023-04-04 2024-01-16
22. CISCO SYS INC     2024-01-16
27. CISCO SYS INC     2024-01-16
42. COPART INC COM     2024-01-16
4. COSTCO WHSL CORP NEW   2015-09-09 2024-01-16
5. DANAHER CORP   2023-04-04 2024-01-16
1. FACEBOOK INC A   2016-05-05 2024-01-16
9. GILEAD SCIENCES INC COM   2019-11-14 2024-01-16
2. HONEYWELL INTERNATIONAL INC COMMON STOCK   2023-01-25 2024-01-16
7. HONEYWELL INTERNATIONAL INC COMMON STOCK     2024-01-16
37. ISHARES CORE U.S. AGGREGATE BOND ETF   2023-01-25 2024-01-16
4. ISHARES RUSSELL MID CAP ETF   2020-12-16 2024-01-16
3. ISHARES MSCI EAFE VALUE ETF   2021-03-10 2024-01-16
15. ISHARES CORE MSCI EAFE ETF   2020-12-16 2024-01-16
3. J P MORGAN CHASE & CO   2012-07-11 2024-01-16
12. MARATHON PETROLEUM CORP     2024-01-16
5. MASTERCARD INC   2012-07-19 2024-01-16
7. MICROSOFT CORP COM     2024-01-16
1. NEXTERA ENERGY INC   2023-04-04 2024-01-16
14.046 PGIM TOTAL RETURN BOND CL R6   2020-11-25 2024-01-16
5. SALESFORCE COM INC   2023-06-14 2024-01-16
4. SALESFORCE COM INC     2024-01-16
6. SCHWAB CHARLES CORP NEW COM     2024-01-16
6. STARBUCKS CORP     2024-01-16
4. TEXAS INSTRS INC   2023-04-04 2024-01-16
2. UNITEDHEALTH GRP INC COM   2018-03-16 2024-01-16
37. VERIZON COMMUNICATIONS   2023-04-04 2024-01-16
6. WAL MART STORES INC     2024-01-16
5. MEDTRONIC PLC     2024-01-16
1. CHUBB LTD   2023-04-04 2024-01-16
8. CHUBB LTD     2024-01-16
(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 565   698 -133
b 1,544   1,272 272
c 997   790 207
d 397   242 155
e 20,541   16,836 3,705
202   206 -4
502   573 -71
217   78 139
287   205 82
260   227 33
248   118 130
260   298 -38
11,030   11,000 30
134   166 -32
937   741 196
806   708 98
1,115   918 197
1,471   1,357 114
951   780 171
494   513 -19
981   1,270 -289
149   172 -23
193   200 -7
25   29 -4
220   263 -43
798   711 87
481   475 6
1,443   453 990
864   848 16
864   264 600
615   720 -105
410   199 211
338   367 -29
1,352   358 994
1,053   898 155
1,053   776 277
142   9 133
2,437   762 1,675
901   736 165
604   349 255
2,190   15 2,175
2,288   1,856 432
1,153   1,357 -204
1,109   1,136 -27
1,360   1,131 229
2,000   1,447 553
2,717   564 2,153
1,132   1,108 24
369   118 251
768   573 195
396   414 -18
1,386   866 520
3,636   3,715 -79
303   271 32
153   154 -1
1,030   1,028 2
501   104 397
1,851   597 1,254
2,138   215 1,923
2,720   173 2,547
61   77 -16
168   211 -43
1,349   1,047 302
1,079   595 484
385   191 194
552   614 -62
654   726 -72
1,038   461 577
1,450   1,461 -11
968   414 554
434   369 65
227   195 32
1,816   753 1,063
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       -133
b       272
c       207
d       155
e       3,705
      -4
      -71
      139
      82
      33
      130
      -38
      30
      -32
      196
      98
      197
      114
      171
      -19
      -289
      -23
      -7
      -4
      -43
      87
      6
      990
      16
      600
      -105
      211
      -29
      994
      155
      277
      133
      1,675
      165
      255
      2,175
      432
      -204
      -27
      229
      553
      2,153
      24
      251
      195
      -18
      520
      -79
      32
      -1
      2
      397
      1,254
      1,923
      2,547
      -16
      -43
      302
      484
      194
      -62
      -72
      577
      -11
      554
      65
      32
      1,063
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 25,721
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) 1 456
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........................... 3 456
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- ..... 5 456
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 260
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 260
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 196
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 arrow0 Refundedright arrow 11 0
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowMT
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 arrow  
14
The books are in care ofright arrowUS BANK Telephone no.right arrow (406) 447-5253

Located atright arrow555 SW OAKPORTLANDOR ZIP+4right arrow97204
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)
Yes
 
(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
 
No
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
US BANK TRUSTEE
1 		6,093    
PO BOX 3168
PORTLAND,OR97208
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 arrow  
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
378,665
b
Average of monthly cash balances.......................
1b
7,746
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
386,411
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
386,411
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
5,796
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
380,615
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
19,031
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
19,031
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
456
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
456
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
18,575
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
18,575
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
18,575
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
27,109
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
27,109
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 18,575
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 16,196
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 27,109
a Applied to 2022, but not more than line 2a 16,196
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..... 10,913
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 .......... 		7,662
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.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 0
e Excess from 2023.... 0
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).)
NONE
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.
NONE
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:
SCHOLARSHIP SELECTION COMMITTEE BU
401 S WYOMING STREET
BUTTE,MT59701
(406) 533-2500
bThe form in which applications should be submitted and information and materials they should include:
FORM PROVIDED BY BUTTE HIGH SCHOOL
cAny submission deadlines:
CONTACT BUTTE HIGH SCHOOL
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRADUATES OF BUTTE HIGH SCHOOL
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

UNIVERSITY OF WASHINGTON

1400 NE CAMPUS PKWY
SEATTLE,WA98105 		NONE I SCHOLARSHIPS 5,000

MONTANA STATE UNIVERSITY

208 N BROADWAY
BILLINGS,MT59101 		NONE I SCHOLARSHIPS 5,000

THE OHIO STATE UNIVERSITY

PO BOX 183248
COLUMBUS,OH432183248 		NONE I SCHOLARSHIPS 5,000

PAMONA COLLEGE

333 N COLLEGE WAY
CLAREMONT,CA91711 		NONE I SCHOLARSHIPS 5,000

MONTANA TECHNOLOGICAL UNIVERSITY

1300 WEST PARK STREET
BUTTE,MT59701 		NONE I SCHOLARSHIPS 5,000
Total .................................right arrow 3a 25,000
bApproved for future payment
Total ................................. right arrow 3b  
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 12,954  
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 25,721  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    1 15  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   38,690  
13Total. Add line 12, columns (b), (d), and (e)..................
13
38,690
(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

TY 2023 AccountingFeesSchedule
Name:
SCHILLING FAMILY FOUNDATION
EIN:
81-6067894
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

TY 2023 InvestmentsCorpStockSchedule
Name:
SCHILLING FAMILY FOUNDATION
EIN:
81-6067894
Name of Stock End of Year Book Value End of Year Fair Market Value
922908553 VANGUARD REAL ESTATE    
17275R102 CISCO SYSTEMS INC 418 799
808513105 SCHWAB CHARLES CORP 494 1,302
22160K105 COSTCO WHSL CORP 527 733
56585A102 MARATHON PETROLEUM C 337 1,612
00206R102 ATT INC    
458140100 INTEL CORP    
713448108 PEPSICO INC    
580135101 MCDONALDS CORP    
931142103 WAL MART STORES INC 717 1,264
922908710 VANGUARD 500 INDEX A    
779556109 ROWE T PRICE MID-CAP    
060505104 BANK OF AMERICA CORP 1,391 2,389
478160104 JOHNSON JOHNSON    
30303M102 FACEBOOK INC A 465 1,942
G5960L103 MEDTRONIC PLC 1,164 1,307
46432F842 ISHARES CORE MSCI EA    
654106103 NIKE INC    
594918104 MICROSOFT CORP 971 7,573
03027X100 AMERICAN TOWER CORP 3,488 2,964
57636Q104 MASTERCARD INC 129 1,445
921921300 VANGUARD EQUITY INCO    
H1467J104 CHUBB LTD 195 259
254687106 DISNEY WALT CO    
717081103 PFIZER INC 595 583
741479109 PRICE T ROWE GROWTH    
855244109 STARBUCKS CORP 388 823
46434G103 ISHARES CORE MSCI EM    
88579Y101 3M CO    
02079K305 ALPHABET INC CL A 1,316 4,377
922908645 VANGUARD MID-CAP IND    
46625H100 J P MORGAN CHASE CO 1,189 3,405
464288877 ISHARES MSCI EAFE VA    
037833100 APPLE INC 207 5,659
023135106 AMAZON.COM INC 1,292 2,525
91324P102 UNITED HEALTH GROUP 1,293 1,979
19765N245 COLUMBIA DIVIDEND IN    
012653101 ALBEMARLE CORP 1,540 1,581
464288885 ISHARES MSCI EAFE GR    
70450Y103 PAYPAL HOLDINGS INC    
09247X101 BLACKROCK INC 1,613 2,501
20030N101 COMCAST CORP CL A 1,383 1,517
79466L302 SALESFORCE COM INC 793 1,205
882508104 TEXAS INSTRUMENTS IN 1,185 1,568
12572Q105 CME GROUP INC 996 1,076
464287226 ISHARES CORE U.S. AG    
464287200 ISHARES CORE S P 500    
002824100 ABBOTT LABORATORIES 1,137 1,137
808524870 SCHWAB U S TIPS ETF    
024932154 AMERICAN CENTURY HIG    
87245P668 TIAA CREF INFLATION    
278865100 ECOLAB INC    
808524847 SCHWAB US REIT ETF    
87612E106 TARGET CORP 2,671 3,367
031162100 AMGEN INC 523 853
375558103 GILEAD SCIENCES INC 813 806
464287499 ISHARES RUSSELL MID    
438516106 HONEYWELL INTERNATIO 887 1,026
74440B884 PGIM TOTAL RETURN BO    
258620103 DOUBLELINE TOTAL RET    
464287473 ISHARES RUSSELL MIDC    
922908736 VANGUARD GROWTH INDE    
437076102 HOME DEPOT INC 2,304 3,069
87918A105 TELADOC INC    
127097103 COTERRA ENERGY INC    
776696106 ROPER INDS INC    
149123101 CATERPILLAR INC 437 733
217204106 COPART INC COM 721 1,274
00287Y109 ABBVIE INC 1,421 1,639
00724F101 ADOBE SYS INC 592 505
007903107 ADVANCED MICRO DEVIC 1,411 1,624
009066101 AIRBNB INC CL A 536 660
032654105 ANALOG DEVICES INC 935 989
086516101 BEST BUY CO INC 502 574
126650100 CVS HEALTH CORPORATI 849 877
15135B101 CENTENE CORP COM 864 863
166764100 CHEVRON CORPORATION 497 473
20825C104 CONOCOPHILLIPS 543 636
235851102 DANAHER CORP 1,108 1,249
244199105 DEERE CO. 386 411
28176E108 EDWARDS LIFESCIENCES 888 1,147
461202103 INTUIT INC 602 650
502431109 L3HARRIS TECHNOLOGIE 1,229 1,279
550021109 LULULEMON ATHLETICA 469 391
559222401 MAGNA INTL INC CL 763 763
57667L107 MATCH GROUP INC NEW 219 218
60741F104 MOBILEYE GLOBAL INC 447 482
609207105 MONDELEZ INTERNATION 1,018 980
617446448 MORGAN STANLEY 1,360 1,507
64110L106 NETFLIX.COM INC 479 607
65339F101 NEXTERA ENERGY INC 2,543 2,109
67066G104 NVIDIA CORP 1,686 2,711
697435105 PALO ALTO NETWORKS I 1,316 1,137
74340W103 PROLOGIS INC 1,039 1,042
747525103 QUALCOMM INC 844 1,016
78409V104 S P GLOBAL INC 871 851
806857108 SCHLUMBERGER LTD 732 822
81762P102 SERVICENOW INC 1,452 1,525
871607107 SYNOPSYS INC 501 572
88339J105 TRADE DESK INC THE C 769 1,049
893641100 TRANSDIGM GROUP INC 1,024 1,232
90353T100 UBER TECHNOLOGIES IN 1,331 1,617
907818108 UNION PACIFIC CORP 472 492
911312106 UNITED PARCEL SERVIC 622 595
92343V104 VERIZON COMMUNICATIO 513 545
92826C839 VISA INC 793 837
98954M101 ZILLOW GROUP INC 354 335
G1151C101 ACCENTURE PLC CL A 1,410 1,386
G54950103 LINDE PLC SHS 813 929
G6095L109 APTIV PLC 562 558

TY 2023 InvestmentsOtherSchedule2
Name:
SCHILLING FAMILY FOUNDATION
EIN:
81-6067894
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
464287655 ISHARES RUSSELL 2000 AT COST 12,664 16,824
524686524 CLEARBRIDGE INTERNAT AT COST 12,143 12,469
464287200 ISHARES CORE S P 500      
464287499 ISHARES RUSSELL MID AT COST 13,971 21,107
464287473 ISHARES RUSSELL MIDC AT COST 13,198 16,920
46432F842 ISHARES CORE MSCI EA AT COST 22,417 28,575
464288877 ISHARES MSCI EAFE VA AT COST 10,580 12,077
04314H568 ARTISAN HIGH INCOME AT COST 17,104 15,383
861728400 STONE RIDGE HY REINS AT COST 15,848 15,583
464287226 ISHARES CORE U.S. AG AT COST 55,217 52,692
46434G103 ISHARES CORE MSCI EM AT COST 21,664 24,097
808524847 SCHWAB US REIT ETF AT COST 11,168 11,429
03463K406 ANGEL OAK MULTI STRA AT COST 13,389 11,576
74440B884 PGIM TOTAL RETURN BO AT COST 40,489 34,395
024524217 AMERICAN BEACON STEP AT COST 12,556 16,942
56064L298 MAINSTAY CBRE GLOBAL      
464287432 ISHARES 20 YEAR TREA AT COST 3,953 3,690

TY 2023 OtherIncomeSchedule2
Name:
SCHILLING FAMILY FOUNDATION
EIN:
81-6067894
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 15 15  


TY 2023 OtherIncreasesSchedule
Name:
SCHILLING FAMILY FOUNDATION
EIN:
81-6067894
Description Amount
ROUNDING 2


TY 2023 TaxesSchedule
Name:
SCHILLING FAMILY FOUNDATION
EIN:
81-6067894
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 155 155   0
FEDERAL TAX PAYMENT - PRIOR YE 71 0   0
FEDERAL ESTIMATES - PRINCIPAL 260 0   0
FOREIGN TAXES ON NONQUALIFIED 123 123   0