TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2023

Open to Public Inspection

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

Name of foundation
DANIEL W ERDMAN FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)C/O US BANK NA PO BOX 0634
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634

A Employer identification number

39-2012234

B Telephone number (see instructions)

(608) 252-4098

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$6,794,531J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	400,000
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	131,648		130,409
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		72,292
b	Gross sales price for all assets on line 6a 513,447
7	Capital gain net income (from Part IV, line 2)...			72,292
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).......	List of Attached Documents: // Content	139	139
12	Total. Add lines 1 through 11........	604,079		202,840
13	Compensation of officers, directors, trustees, etc.
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).......	List of Attached Documents: // Content	750	0	0	750
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	46,906	42,215		4,691
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	8,426	1,052		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..........	56,082		43,267	0	5,441
25	Contributions, gifts, grants paid.......	175,625				175,625
26	Total expenses and disbursements. Add lines 24 and 25	231,707		43,267	0	181,066
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	372,372
b	Net investment income (if negative, enter -0-)			159,573
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,931	1,616	1,616
	2	Savings and temporary cash investments.........	425,582	506,232	506,232
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	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).......	1,281,035	List of Attached Documents: // Content 1,378,298	3,498,127
	c	Investments—corporate bonds (attach schedule).......	40,204
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,980,558	List of Attached Documents: // Content 2,213,563	2,785,183
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 2,307	List of Attached Documents: // Content 3,373	List of Attached Documents: // Content 3,373
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,731,617	4,103,082	6,794,531
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	3,731,617	4,103,082
	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).....	3,731,617	4,103,082
	30	Total liabilities and net assets/fund balances (see instructions).	3,731,617	4,103,082

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

3,731,617

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

372,372

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

List of Attached Documents:

// Content

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

4,104,014

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

932

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

4,103,082

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	22. MERCK AND CO INC		2017-05-03	2023-01-17
b	10. PEPSICO INC		2017-05-03	2023-01-17
c	5. DEERE & CO COM			2023-01-31
d	4. LILLY ELI & CO		2018-04-03	2023-01-31
e	12. TARGET CORP			2023-01-31
	2. UNITEDHEALTH GRP INC COM		2020-03-17	2023-01-31
	10. TRANE TECHNOLOGIES PLC			2023-01-31
	18. CONOCOPHILLIPS COM			2023-02-14
	9. JOHNSON & JOHNSON		2022-07-05	2023-03-01
	16. JOHNSON & JOHNSON			2023-03-01
	55. U S BANCORP		2022-09-28	2023-03-20
	176. U S BANCORP			2023-03-20
	7. CIGNA CORP			2023-04-25
	13. DEERE & CO COM			2023-04-25
	21. TEXAS INSTRS INC		2017-05-03	2023-04-25
	40000. BANK OF NY MTN 3.500% 4/28/23		2019-01-08	2023-04-28
	181. BANK OF AMERICA CORP			2023-05-09
	7. LILLY ELI & CO		2018-04-03	2023-05-09
	125. APPLE INC		2008-12-31	2023-05-24
	5. LILLY ELI & CO		2018-04-03	2023-06-06
	19. NORTHERN TR CORP COM		2019-11-12	2023-06-06
	5. BROADCOM INC			2023-06-26
	30. CROWN CASTLE INTL CORP			2023-06-26
	2. KLA TENCOR CORP COM RTS EXP 04/25/2006		2017-10-09	2023-06-26
	4. LAM RESH CORP COM		2018-11-13	2023-06-26
	56. NORTHERN TR CORP COM			2023-06-26
	8. NORTHROP GRUMMAN CORP COM W/RTS ATTACHED EXP 10/31/2008		2021-12-22	2023-06-26
	39. TARGET CORP			2023-06-26
	9. WASTE MGMT INC DEL COM		2017-05-03	2023-06-26
	68. VERIZON COMMUNICATIONS			2023-07-18
	5. LAM RESH CORP COM			2023-08-16
	8. UNITED PARCEL SERVICE CL B COM		2022-11-22	2023-08-16
	15. ELECTRONIC ARTS COM		2022-09-28	2023-08-30
	95. VERIZON COMMUNICATIONS			2023-08-30
	17. ELECTRONIC ARTS COM		2022-09-28	2023-09-12
	39. XCEL ENERGY INC COM			2023-09-12
	37. XCEL ENERGY INC COM		2018-08-07	2023-09-26
	4. KLA TENCOR CORP COM RTS EXP 04/25/2006		2017-10-09	2023-10-10
	28. NEXTERA ENERGY INC			2023-10-10
	13. NIKE INC CL B COM		2023-06-06	2023-10-10
	37. MEDTRONIC PLC			2023-10-24
	4. BROADCOM INC			2023-11-09
	22. PHILIP MORRIS INTL		2023-01-17	2023-11-09
	5. PHILIP MORRIS INTL		2017-05-03	2023-11-09
	3100. ISHARES 1 3 YEAR TREASURY BOND ETF		2022-06-07	2023-12-01
	4. BROADCOM INC		2019-10-01	2023-12-07
	18. CIGNA CORP			2023-12-07
	6. CUMMINS INC COM		2022-12-21	2023-12-07
	9. MARSH & MCLENNAN COS INC			2023-12-07
	8. WASTE MGMT INC DEL COM		2017-05-03	2023-12-07
	25. AMAZON COM INC		2010-04-15	2023-12-15
	125. APPLE INC		2008-12-31	2023-12-15
	15. BERKSHIRE HATHAWAY INC CL B		2015-10-28	2023-12-15
	55. PAYCOM SOFTWARE INC		2023-05-24	2023-12-15
	50. T J X COS INC NEW		2013-01-30	2023-12-15
	32. CISCO SYS INC		2023-07-18	2023-12-19
	20. CISCO SYS INC		2022-11-22	2023-12-19
	8. EATON CORP PLC			2023-12-19
	1000. ISHARES IBONDS DEC 2023 TERM CP ETF		2021-05-03	2023-12-22
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,436	1,331	1,105
b	1,763	1,121	642
c	2,100	840	1,260
d	1,365	308	1,057
e	2,051	1,172	879
	997	486	511
	1,787	717	1,070
	2,042	1,445	597
	1,367	1,602	-235
	2,430	2,129	301
	1,920	2,283	-363
	6,146	8,987	-2,841
	1,774	2,302	-528
	4,952	2,146	2,806
	3,589	1,676	1,913
	40,000	40,204	-204
	4,987	5,863	-876
	3,018	538	2,480
	21,313	387	20,926
	2,209	384	1,825
	1,449	2,018	-569
	4,111	1,481	2,630
	3,319	3,004	315
	920	208	712
	2,496	575	1,921
	4,051	5,065	-1,014
	3,577	3,038	539
	5,244	3,485	1,759
	1,498	656	842
	2,228	4,112	-1,884
	3,274	1,015	2,259
	1,375	1,455	-80
	1,811	1,766	45
	3,297	5,529	-2,232
	2,064	2,001	63
	2,232	1,954	278
	2,150	1,746	404
	1,886	416	1,470
	1,428	1,513	-85
	1,270	1,385	-115
	2,658	2,964	-306
	3,681	1,120	2,561
	1,980	2,227	-247
	450	554	-104
	252,887	257,564	-4,677
	3,668	1,107	2,561
	4,622	5,457	-835
	1,387	1,458	-71
	1,757	982	775
	1,386	583	803
	3,736	182	3,554
	24,732	387	24,345
	5,345	2,061	3,284
	11,043	15,486	-4,443
	4,460	1,136	3,324
	1,599	1,633	-34
	999	966	33
	1,902	815	1,087
	25,332	26,130	-798
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897
			1,897

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			1,105
b			642
c			1,260
d			1,057
e			879
			511
			1,070
			597
			-235
			301
			-363
			-2,841
			-528
			2,806
			1,913
			-204
			-876
			2,480
			20,926
			1,825
			-569
			2,630
			315
			712
			1,921
			-1,014
			539
			1,759
			842
			-1,884
			2,259
			-80
			45
			-2,232
			63
			278
			404
			1,470
			-85
			-115
			-306
			2,561
			-247
			-104
			-4,677
			2,561
			-835
			-71
			775
			803
			3,554
			24,345
			3,284
			-4,443
			3,324
			-34
			33
			1,087
			-798

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	72,292
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	2,218
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	2,218
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	2,218
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	6,828
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	6,828
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	4,610
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax2,220	Refunded	11	2,390

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

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

on foundation managers. right arrow

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.

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

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address right arrow

The books are in care of right arrow

US BANK NA Telephone no. right arrow

(608) 252-7624

Located at right arrow

1 S PINCKNEY STREETMADISONWI ZIP+4 right arrow

53703

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

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

16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2023? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

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

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

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2023.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..

Form 990-PF (2023)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
DANIEL W ERDMAN	DIRECTOR 1	0
C/O US BANK NA PO BOX 7900 MADISON,WI537077900	DIRECTOR 1	0
DEBORAH ERDMAN-LUDER	DIRECTOR 1	0
C/O US BANK NA PO BOX 7900 MADISON,WI537077900	DIRECTOR 1	0
DARRELL W BEHNKE	DIRECTOR 1	0
C/O US BANK NA PO BOX 7900 MADISON,WI537077900	DIRECTOR 1	0
NATALIE BOCK ERDMAN	DIRECTOR 1	0
C/O US BANK NA PO BOX 7900 MADISON,WI537077900	DIRECTOR 1	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2023)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

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

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

purposes:

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

5,873,663

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

161,734

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

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

6,035,397

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

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

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

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

6,035,397

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

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

90,531

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

5,944,866

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

297,243

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

297,243

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

2,218

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

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

2,218

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

295,025

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

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

295,025

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

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

295,025

Part XI

Qualifying Distributions (see instructions)

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

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

181,066

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

181,066

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					295,025
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				96,289
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: $ 181,066
a Applied to 2022, but not more than line 2a				96,289
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.....					84,777
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 ..........					210,248
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)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow

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

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

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

DANIEL W ERDMAN

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

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

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

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

cAny submission deadlines:

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

Form 990-PF (2023)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CLEAN LAKES ALLIANCE 150 EAST GILMAN STREET MADISON,WI53703	NONE	PC	GENERAL OPERATING	2,500
ACCESS COMMUNITY HEALTH CENTERS 2910 W BELTLINE HWY STE MADISON,WI53713	NONE	PC	GENERAL OPERATING	5,000
GROUNDSWELL CONSERVANCY 303 S PATERSON ST SUITE 6 MADISON,WI53703	NONE	PC	GENERAL OPERATING	3,000
MADISON MUSEUM OF CONTEMPORARY ART 227 STATE STREET MADISON,WI53703	NONE	PC	GENERAL OPERATING	5,000
THE NATURE CONSERVANCY 4245 N FAIRFAX DRIVE SUITE 100 ARLINGTON,VA22203	NONE	PC	GENERAL OPERATING	30,000
MADISON SYMPHONY ORCHESTRA 222 WEST WAHINGTON AVE MADISON,WI53719	NONE	PC	GENERAL OPERATING	5,000
UNIVERSITY OF WISCONSIN FOUNDATION 1848 UNIVERSITY AVE MADISON,WI537264090	NONE	PC	GENERAL OPERATING	3,000
BAYVIEW FOUNDATION 601 BAYVIEW TRIANGLE MADISON,WI53715	NONE	PC	GENERAL OPERATING	25,000
GOODMAN COMMUNITY CENTER 214 WAUBESA ST MADISON,WI537045736	NONE	PC	GENERAL OPERATING	5,000
CXC ACADEMY 718 POST ROAD SUITE F MADISON,WI53713	NONE	PC	GENERAL OPERATING	42,125
ONE CITY SCHOOLS INC 1707 W BROADWAY MONONA,WI537131834	NONE	PC	GENERAL OPERATING	50,000
Total ................................. 3a				175,625

bApproved for future payment

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

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	131,648
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	72,292
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER INCOME			1	139
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				204,079

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

204,079

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2023)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Name of the organization

DANIEL W ERDMAN FOUNDATION INC

Employer identification number

39-2012234

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2023)

Schedule B (Form 990) (2023) Page 2

Name of organization DANIEL W ERDMAN FOUNDATION INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	DANIEL W ERDMAN C/O US BANK NA PO BOX 0634 MILWAUKEE, WI53201	$ 400,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 3

Name of organization DANIEL W ERDMAN FOUNDATION INC		Employer identification number 39-2012234

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 4


Name of organization DANIEL W ERDMAN FOUNDATION INC			Employer identification number 39-2012234
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2023)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2023 AccountingFeesSchedule

Name:

DANIEL W ERDMAN FOUNDATION INC

EIN:

39-2012234

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	750			750

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

DANIEL W ERDMAN FOUNDATION INC

EIN:

39-2012234

Name of Bond	End of Year Book Value	End of Year Fair Market Value
06406RAG2 BANK OF NY MTN

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

DANIEL W ERDMAN FOUNDATION INC

EIN:

39-2012234

Name of Stock	End of Year Book Value	End of Year Fair Market Value
12572Q105 CME GROUP INC	8,889	11,794
713448108 PEPSICO INC	17,305	50,442
654106103 NIKE INC	10,696	41,691
595112103 MICRON TECHNOLOGY IN	19,663	39,427
30303M102 FACEBOOK INC A	4,612	28,317
084670702 BERKSHIRE HATHAWAY I	47,394	123,048
025537101 AMERICAN ELECTRIC PO	5,121	5,604
459200101 INTERNATIONAL BUSINE	11,778	14,720
571748102 MARSH MCLENNAN COS I	5,541	14,210
931142103 WAL MART STORES INC	38,019	49,502
94106L109 WASTE MGMT INC	3,062	7,522
09247X101 BLACKROCK INC	6,203	9,742
58933Y105 MERCK AND CO INC	10,396	16,244
92939U106 WEC ENERGY GROUP INC	3,531	4,798
110122108 BRISTOL MYERS SQUIBB	30,762	28,169
023135106 AMAZON.COM INC	12,223	254,500
478160104 JOHNSON JOHNSON	28,416	59,561
22160K105 COSTCO WHSL CORP	5,643	66,008
46625H100 J P MORGAN CHASE CO	56,729	186,940
00287Y109 ABBVIE INC	24,580	81,359
532457108 ELI LILLY CO
907818108 UNION PACIFIC CORP	10,213	19,158
30040W108 EVERSOURCE ENERGY	3,044	3,148
20030N101 COMCAST CORP CL A	16,838	20,215
02079K107 ALPHABET INC CL C	5,644	70,465
701094104 PARKER HANNIFIN CORP	7,478	16,125
665859104 NORTHERN TRUST CORP
17275R102 CISCO SYSTEMS INC	48,175	64,767
512807108 LAM RESEARCH CORP	4,361	13,315
438516106 HONEYWELL INTERNATIO	10,463	15,938
902973304 US BANCORP
11135F101 BROADCOM INC	5,277	21,209
037833100 APPLE INC	8,515	529,458
053015103 AUTOMATIC DATA PROCE	3,013	7,222
G1151C101 ACCENTURE PLC CL A	7,592	13,685
911312106 UNITED PARCEL SERVIC	11,418	12,107
872540109 TJX COMPANIES INC	6,819	28,143
30231G102 EXXON MOBIL CORP	32,596	41,192
92343V104 VERIZON COMMUNICATIO	15,767	22,620
231021106 CUMMINS INC COM	3,989	5,750
882508104 TEXAS INSTRUMENTS IN	3,352	7,159
693475105 P N C FINANCIAL SERV	9,320	11,149
125896100 C M S ENERGY CORP	1,603	3,426
22822V101 CROWN CASTLE INTL CO
718172109 PHILIP MORRIS INTL	10,470	9,126
H1467J104 CHUBB LTD	35,055	42,262
13645T100 CANADIAN PACIFIC RAI
244199105 DEERE CO.
666807102 NORTHROP GRUMMAN COR	8,227	10,767
695156109 PACKAGING CORP AMERI	2,157	3,258
91324P102 UNITED HEALTH GROUP	6,265	14,741
65339F101 NEXTERA ENERGY INC	1,701	4,070
002824100 ABBOTT LABORATORIES	20,721	69,784
166764100 CHEVRON CORPORATION	15,725	21,181
20825C104 CONOCOPHILLIPS	5,049	7,312
02079K305 ALPHABET INC CL A	25,183	279,380
742718109 PROCTER GAMBLE CO	14,344	19,636
594918104 MICROSOFT CORP	31,620	71,824
580135101 MCDONALDS CORP	9,962	14,826
437076102 HOME DEPOT INC	37,575	56,834
539830109 LOCKHEED MARTIN CORP	5,747	9,065
060505104 BANK OF AMERICA CORP	38,551	37,508
98389B100 X CEL ENERGY INC
G5960L103 MEDTRONIC PLC	29,096	27,268
609207105 MONDELEZ INTERNATION	7,697	10,285
482480100 KLA CORPORATION	3,667	15,114
023608102 AMEREN CORP	4,050	4,847
87612E106 TARGET CORP
032654105 ANALOG DEVICES INC	10,722	15,885
26875P101 E O G RES INC	6,430	11,853
G29183103 EATON CORP PLC	5,691	12,282
79466L302 SALESFORCE COM INC	17,900	35,524
G8994E103 TRANE TECHNOLOGIES P	3,447	9,756
053611109 AVERY DENNISON CORP	3,426	5,256
34959E109 FORTINET INC	16,164	43,898
38141G104 GOLDMAN SACHS GROUP	31,238	57,866
233331107 D T E ENERGY CO	1,970	2,867
053484101 AVALONBAY COMMUNITIE	5,483	4,493
75513E101 RAYTHEON TECHNOLOGIE	6,605	18,932
29364G103 ENTERGY CORPORATION	5,979	5,565
009066101 AIRBNB INC CL A	17,608	13,614
67066G104 NVIDIA CORP	26,592	99,044
30063P105 EXACT SCIENCES CORPO	26,266	22,194
036752103 ELEVANCE HEALTH INC	11,885	12,261
149123101 CATERPILLAR INC	20,305	29,567
70450Y103 PAYPAL HOLDINGS INC	32,637	7,369
15135B101 CENTENE CORP COM	17,914	22,263
693506107 P P G INDS INC	8,121	8,674
191216100 COCA COLA COMPANY	10,811	11,550
617446448 MORGAN STANLEY	11,380	11,097
217204106 COPART INC COM	16,386	29,400
012653101 ALBEMARLE CORP	15,304	14,448
075887109 BECTON DICKINSON AND	10,554	10,241
G5494J103 LINDE PLC
595017104 MICROCHIP TECHNOLOGY	9,496	12,445
949746101 WELLS FARGO CO	12,843	13,536
285512109 ELECTRONIC ARTS INC
91913Y100 VALERO ENERGY CORP	6,717	9,490
099502106 BOOZ ALLEN HAMILTON	3,001	4,221
09260D107 BLACKSTONE GROUP INC	2,418	4,189
125523100 CIGNA CORP
00206R102 ATT INC	9,329	10,571
00724F101 ADOBE SYS INC	15,985	29,830
007903107 ADVANCED MICRO DEVIC	11,405	14,741
064058100 BANK OF NEW YORK MEL	6,357	7,131
13646K108 CANADIAN PACIFIC KAN	13,547	47,436
370334104 GENERAL MILLS INC	4,290	4,299
372460105 GENUINE PARTS COMPAN	4,568	3,878
452308109 ILLINOIS TOOL WORKSI	6,351	6,810
74340W103 PROLOGIS INC	4,150	4,666
74460D109 PUBLIC STORAGE INC	4,010	4,270
747525103 QUALCOMM INC	15,293	21,695
842587107 SOUTHERN CO THE	7,712	7,853
92826C839 VISA INC	12,745	14,319
G54950103 LINDE PLC SHS	8,361	11,911

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

DANIEL W ERDMAN FOUNDATION INC

EIN:

39-2012234

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
63873P817 LOOMIS SAYLES STRATE	AT COST	118,590	111,071
74440B884 PGIM TOTAL RETURN BO	AT COST	175,000	157,204
46434VBD1 ISHARES IBONDS DEC 2	AT COST	44,781	40,854
131582439 CALVERT HIGH YIELD B	AT COST	50,000	44,174
52469F721 WESTERN ASSET INCOME	AT COST	100,000	82,742
46434VAX8 ISHARES IBONDS DEC 2
921910501 VANGUARD INTERNATION	AT COST	25,000	15,337
06828M876 BARON EMERGING MARKE	AT COST	75,232	95,340
922908652 VANGUARD EXTENDED MA	AT COST	79,521	157,514
464287465 ISHARES MSCI EAFE ET	AT COST	163,065	173,305
81369Y209 HEALTH CARE SELECT S	AT COST	5,435	20,457
464287457 ISHARES 1 3 YEAR TRE	AT COST	83,085	82,040
057071854 BAIRD AGGREGATE BOND	AT COST	311,661	288,554
464287804 ISHARES CORE S P SMA	AT COST	77,380	153,499
922908686 VANGUARD SMALL CAP I	AT COST	41,631	82,752
46090E103 INVESCO QQQ TRUST ET	AT COST	34,997	122,856
78467Y107 SPDR S P MIDCAP 400	AT COST	81,029	162,869
670678507 NUVEEN REAL ESTATE S	AT COST	36,590	32,265
922908769 VANGUARD TOTAL STOCK	AT COST		118,610
412295107 HARDING LOEVNER INTE	AT COST	55,000	74,104
258620103 DOUBLELINE TOTAL RET	AT COST	100,000	84,472
464287598 ISHARES RUSSELL 1000	AT COST	78,239	184,254
922908553 VANGUARD REAL ESTATE	AT COST	50,026	49,482
101156602 BOSTON TRUST WALDEN	AT COST	75,000	81,893
19765N518 COLUMBIA CORPORATE I	AT COST	50,000	51,283
464288638 ISHARES BARCLAYS INT	AT COST	200,171	208,000
464288877 ISHARES MSCI EAFE VA	AT COST	50,571	57,310
46435GAA0 ISHARES IBONDS DEC 2	AT COST	17,559	17,925
56064L298 MAINSTAY CBRE GLOBAL	AT COST	34,000	35,017

- TIN:

TY 2023 OtherAssetsSchedule

Name:

DANIEL W ERDMAN FOUNDATION INC

EIN:

39-2012234

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
000000000 MISCELLANEOUS ENTRY	2,307	3,373	3,373

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

DANIEL W ERDMAN FOUNDATION INC

EIN:

39-2012234

Description	Amount
ROC ADJ ON CY SALES	32
VANGUARD REIT ADJUSTMENT	602
ENTERGY CORP ADJUSTMENT	163
CROWN CASTLE CORP ADJUSTMENT	94
DIGITAL RE TRUST ADJUSTMENT	41

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

DANIEL W ERDMAN FOUNDATION INC

EIN:

39-2012234

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	139	139

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

DANIEL W ERDMAN FOUNDATION INC

EIN:

39-2012234

Description	Amount
ROUNDING	25

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

DANIEL W ERDMAN FOUNDATION INC

EIN:

39-2012234

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE	46,906	42,215		4,691

- TIN:

TY 2023 TaxesSchedule

Name:

DANIEL W ERDMAN FOUNDATION INC

EIN:

39-2012234

Category	Amount	Net Investment Income
FOREIGN TAXES	1,037	1,037
FEDERAL TAX PAYMENT - PRIOR YE	546	0
FEDERAL ESTIMATES - PRINCIPAL	6,828	0
FOREIGN TAXES ON NONQUALIFIED	15	15