Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Patrick and Anna M Cudahy Fund
 
Number and street (or P.O. box number if mail is not delivered to street address)1010 Lake Street 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Oak Park, IL60301
A Employer identification number

39-0991972
B Telephone number (see instructions)

(312) 641-5776
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$14,846,953J 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... 225,615 225,615  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 222,685
b Gross sales price for all assets on line 6a 2,641,069
7 Capital gain net income (from Part IV, line 2)... 222,685
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 448,300 448,300  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,612 1,806   1,806
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
139,518 105,717   33,801
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 333 167   166
21 Travel, conferences, and meetings....... 553 276   277
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 144,016 107,966   36,050
25 Contributions, gifts, grants paid....... 945,500 945,500
26 Total expenses and disbursements. Add lines 24 and 25 1,089,516 107,966   981,550
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -641,216
b Net investment income (if negative, enter -0-) 340,334
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 4,076 37,180 37,180
2 Savings and temporary cash investments......... 733,176 249,580 249,580
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 548 Click to see attachment
List of Attached Documents:
// Content
455 		455
b Investments—corporate stock (attach schedule)....... 12,547,625 Click to see attachment
List of Attached Documents:
// Content
14,559,738 		14,559,738
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)..........      
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) 13,285,425 14,846,953 14,846,953
Liabilities 17 Accounts payable and accrued expenses.......... 16,293  
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)......... 16,293 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........... 13,269,132 14,846,953
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........    
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)..... 13,269,132 14,846,953
30 Total liabilities and net assets/fund balances (see instructions). 13,285,425 14,846,953
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
13,269,132
2
Enter amount from Part I, line 27a .....................
2
-641,216
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,219,037
4
Add lines 1, 2, and 3 ..........................
4
14,846,953
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
14,846,953
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   P    
b
c
d
e
(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 2,641,069   2,418,384 222,685
b
c
d
e
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       222,685
b
c
d
e
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 2 222,685
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 4,731
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 4,731
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 4,731
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 7,298
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,298
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 10,567
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow10,567 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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowWI, IL
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 arrowWWW.CUDAHYFUND.ORG
14
The books are in care ofright arrowIris Krieg Associates Inc Telephone no.right arrow (312) 422-1442

Located atright arrow1010 Lake StSuite 200Oak ParkIL ZIP+4right arrow60301
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JANET S CUDAHY PRESIDENT/DIRECTOR
0.00 		0 0 0
608 ARBOR VITAE
WINNETKA,IL60093
JAMES BAILEY DIRECTOR
0.00 		0 0 0
4303 OAK HILL DR
ANNANDALE,VA22003
MOLLY CUDAHY DIRECTOR
0.00 		0 0 0
410 ARTHURS ROUND TABLE
WYNNEWOOD,PA19096
PATRICK G CUDAHY DIRECTOR
0.00 		0 0 0
101 MAPLE STREET APT 2204
REDWOOD CITY,CA94063
RICHARD D CUDAHY JR TREASURER/DIRECTOR
0.00 		0 0 0
4400 LAKE DR
SHOREWOOD,WI53211
BARBARA HOLTZ DIRECTOR
0.00 		0 0 0
W334S7825 HWY E
MUKWANAGO,WI53149
KRISTI E LESWING DIRECTOR
0.00 		0 0 0
780 N WATER ST
MILWAUKEE,WI53202
KIT CUDAHY DIRECTOR
0.00 		0 0 0
7241 36TH AVE SW
SEATTLE,WA98126
TIA CUDAHY DIRECTOR
0.00 		0 0 0
3721 UPTON STREET NW
WASHINGTON,DC20016
DAN CUDAHY DIRECTOR
0.00 		0 0 0
1818 OLIVE STREET
SANTA BARBARA,CA93101
MICHAELA CUDAHY DIRECTOR
0.00 		0 0 0
2608 PAYNE STREET
EVANSTON,IL60201
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
13,554,183
b
Average of monthly cash balances.......................
1b
512,006
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
14,066,189
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
14,066,189
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
210,993
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,855,196
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
692,760
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
692,760
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
4,731
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,731
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
688,029
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
688,029
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
688,029
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
981,550
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
981,550
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 7 688,029
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 257,258
b From 2019...... 341,282
c From 2020...... 207,202
d From 2021...... 321,503
e From 2022...... 295,601
f Total of lines 3a through e ........ 1,422,846
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 981,550
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 688,029
e Remaining amount distributed out of corpus 293,521
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 1,716,367
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		257,258
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,459,109
10 Analysis of line 9:
a Excess from 2019.... 341,282
b Excess from 2020.... 207,202
c Excess from 2021.... 321,503
d Excess from 2022.... 295,601
e Excess from 2023.... 293,521
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

A Safe Place

2710 17th Street Suite 100
Zion,IL60090 		  PC General Operations 7,500

Academy for Urban School Leadership

3400 N Austin Avenue
Chicago,IL60634 		  PC Teacher Residencies 9,000

Access Living of Metropolitan Chicago

115 W Chicago Avenue
Chicago,IL60654 		  PC General Operations 10,000

All ChicagoEmergency Fund

651 W Washington Boulevard
Chicago,IL60661 		  PC Emergency Fund Program 15,000

Ascension Wisconsin FoundationColumbia St Mary's

2320 N Lake Drive Milwaukee
Milwaukee,WI53211 		  PC Ascension St. Ben's Clinic 15,000

Aspire of Illinois

1815 S Wolf Road Hillside
Hillside,IL60162 		  PC Aspire Careers Program 5,000

Association House of Chicago

1116 N Kedize Avenue
Chicago,IL60651 		  PC Family Literacy Program 7,500

Benedict Center

1848 N Martin Luther King Drive
Milwaukee,WI53212 		  PC General Operations 10,000

Beyond Vision Inc

1540 South 108th Street
West Allis,WI53214 		  PC General Operations 5,000

Boulevard of Chicago The

3456 West Franklin Boulevard
Chicago,IL60624 		  PC General Operations 8,000

Breakthrough Urban Ministries

402 N St Louis Avenue
Chicago,IL60624 		  PC Early Childhood Program 7,500

Chicago Coalition for the Homeless

70 E Lake Street Suite 720
Chicago,IL60601 		  PC General Operations 7,500

Chicago Debates

67 E Madison Street Suite 1616
Chicago,IL60603 		  PC General Operations 5,000

Chicago Lighthouse The

1850 West Roosevelt Road
Chicago,IL60608 		  PC General Operations 10,000

Chicago Youth Centers

218 S Wabash Avenue Suite 510
Chicago,IL60622 		  PC General Operations 10,000

Chicago Zoological Society

3300 Golf Road
Brookfield,IL60513 		  PC Inclusive Visits for People with Disabilities 5,000

Christopher House

1611 West Division Street Suite 20
Chicago,IL60622 		  PC Parent School Program 10,000

COA Youth & FamilyCenters

909 East North Avenue
Milwaukee,WI53212 		  PC General Operations 15,000

Connections for the Homeless

2121 Dewey Avenue
Evanston,IL60201 		  PC General Operations 10,000

Covenant House Illinois Inc

2934 West Lake Street
Chicago,IL60612 		  PC General Operations 10,000

Daniel Murphy Scholarship Fund

309 W Washington St Suite 700
Chicago,IL60606 		  PC General Operations 10,000

Deborah's Place

2822 W Jackson Boulevard
Chicago,IL60640 		  PC General Operations 10,000

DePaul University College of Law

1 E Jackson Blvd
Chicago,IL60604 		  PC Summer Public Interest Law Internship Program 30,000

DePaul USA

1 E Jackson Boulevard 6th Floor
Chicago,IL60604 		  PC Equity for Chicago Students 7,000

Doctors without Borders

40 Rector Street 16th Floor
New York,NY10006 		  PC General Operations 7,500

Door County Medical Center Foundation

228 S 18th Street
Sturgeon Bay,WI54235 		  PC Dental Clinic 10,000

Environmental Law and Policy Center of the Midwest

35 E Wacker Drive Suite 1600
Chicago,IL60601 		  PC General Operations 20,000

Erie Family Health Center Inc

1701 West Superior Street
Chicago,IL60622 		  PC Women's Health Initiatives 7,500

Evanston Rebuilding Warehouse dba Rebuilding Exchange

1245 Hartrey Avenue
Evanston,IL60202 		  PC Building Trades Workforce Program 7,500

Evanston Scholars

1234 Sherman Avenue Suite 214
Evanston,IL60202 		  PC General Operations 5,000

Facing ForwardInterfaith Council for the Homeless

642 N Kedzie Avenue
Chicago,IL60612 		  PC General Operations 5,000

Family Rescue

8811 S Stoney Island
Chicago,IL60617 		  PC General Operations 10,000

Feeding America Eastern Wisconsin

1700 Fond du Lac Avenue
Milwaukee,WI53205 		  PC General Operations 10,000

Forging Opportunities for Refugees in America

6431 N California Avenue
Chicago,IL60645 		  PC High Dose Tutoring Program 15,000

Greater Chicago Food Depository Inc

4100 W Ann Lurie Place
Chicago,IL60632 		  PC General Operations 25,000

HEAR Wisconsin

10243 W National Avenue
West Allis,WI53227 		  PC Audiology Clinic & Assistive Technology Exapansion 5,000

Homeless Assistance Leadership Organization (HALO)

2000 DeKoven Avenue Unit 1
Racine,WI53403 		  PC HALO Children's Project 10,000

Housing Opportunities & Maintenance for Elderly

945 W George Street Suite 218
Chicago,IL60657 		  PC Upkeep and Home Repair 5,000

Hunger Task Force

5000 West Electric Avenue
West Milwaukee,WI53219 		  PC Emergency Food Program 15,000

Ignite

180 N Michigan Avenue Suite 1900
Chicago,IL60601 		  PC General Operations 10,000

Inspiration Corporation

4554 N Broadway Suite 207
Chicago,IL60640 		  PC General Operations 7,500

International Crane Foundation

E11376 Shady Lane Road
Baraboo,WI53913 		  PC Reintroduction of Whooping Cranes in North America 7,500

Islands of Brilliance

PO Box 774 Milwaukee
Milwaukee,WI53201 		  PC 2023 Sandbox Program - arts and science for autistic youth 5,000

Ithemba Ngemfundo Inc

8516 Reid Drive
Madison,WI53717 		  PC Building Support for Preschool in Pietermaritzburg, South Africa 42,500

John G Shedd Aquarium

1200 South Dusable Lake Shore Drive
Chicago,IL60605 		  PC Learning and Community Programs 5,000

Kenosha Achievement Center

1218 79th Street
Kenosha,WI53143 		  PC Early Intervention Birth to 3 Program 10,000

Kenosha Area Family and Aging Services

7730 Sheridan Road Kenosha
Kenosha,WI53143 		  PC Senior Home Repair Program 10,000

Kids Above All

8765 W Higgins Suite 450
Chicago,IL60631 		  PC Chicago Emerge Program 8,000

Legal Aid Chicago

120 S LaSalle Street Suite 900
Chicago,IL60603 		  PC General Operations 7,500

Lincoln Park Community Services

1521 N Sedgwick
Chicago,IL60610 		  PC Drop-In Services 10,000

Lincoln Park Zoological Society

2001 N Clark Street
Chicago,IL60614 		  PC Learning Programs 5,000

Literacy Services of Wisconsin

555 N Plankton Avenue
Milwaukee,WI53203 		  PC Opportunity Pathways Program 20,000

Little Brothers - Friends of the Elderly

355 N Ashland Avenue
Chicago,IL60607 		  PC General Operations 6,000

Little Sisters of the Poor-St Mary's

2325 N Lakewood Avenue
Chicago,IL60614 		  PC General Operations 5,000

Maryknoll Sisters

PO Box 317
Maryknoll,NY10545 		  PC St. Mary's Hospice and Eco Farm in San Marcos, Guatemala 20,000

Mercy Home for Boys and Girls

1140 W Jackson Boulevard
Chicago,IL60607 		  PC Education and Career Resources 7,500

Mercy Housing Lakefront

120 S LaSalle Street Suite 1915
Chicago,IL60603 		  PC MHL Chicago Resident Services program 7,500

Meta House

2625 N Wells Street
Milwaukee,WI53212 		  PC General Operations 10,000

Midwest Access Coalition

PO Box 408363
Chicago,IL60640 		  PC General Operations 15,000

Milwaukee Area Technical CollegeMPTV

1036 North 8th Street
Milwaukee,WI53233 		  PC PBS News Hour 8,000

Misericordia HomeHeart of Mercy

6300 N Ridge Ave
Chicago,IL60660 		  PC General Operations 15,000

Mobile CARE Chicago

239 W Root Street
Chicago,IL60609 		  PC Mobile Dental program 10,000

Morton Arboretum

4100 Illinois Route 53
Lisle,IL60532 		  PC General Operations 5,000

Museum of Science and Industry Chicago

5700 S Lake Shore Drive
Chicago,IL60637 		  PC Out-of-School-Time Educator Program 5,000

National Immigrant Justice CenterHeartland Alliance

224 S Michigan Avenue Suite 600
Chicago,IL60604 		  PC General Operations 10,000

New Moms Inc

5317 W Chicago Avenue
Chicago,IL60651 		  PC General Operations 10,000

Peninsula Players Theatre Foundation

4351 Peninsula Players Road
Fish Creek,WI54212 		  PC Act II Housing Campaign 25,000

Planned Parenthood of Wisconsin

302 N Jackson Street
Milwaukee,WI53202 		  PC General Operations 15,000

Project RETURN

2821 Vel Phillips Avenue Suite 223
Milwaukee,WI53212 		  PC General Operations 10,000

RefugeeOne

6008 N California Avenue
Chicago,IL60659 		  PC General Operations 10,000

ReVive Center for Housing and Healing

1668 W Ogden Avenue
Chicago,IL60077 		  PC General Operations 5,000

Salvation Army - Milwaukee

11315 W Watertown Plank Road
Wauwatosa,WI53226 		  PC Emergency Lodge Homeless Shelter 10,000

Salvation Army North and Central Illinois Division

5040 North Pulaski Road
Chicago,IL60630 		  PC Shield of Hope Family Housing Shelter 10,000

Sarah's Circle

4838 N Sheridan Road
Chicago,IL60640 		  PC General Operations 20,000

Second Sense

65 E Wacker Place Suite 1010
Chicago,IL60601 		  PC Independent Living Skills Training 5,000

Serving Older Adults of Southeast Wisconsin

4420 W Vliet Street
Milwaukee,WI53208 		  PC General Operations 10,000

Shorewood High School

1701 E Capitol Drive
Shorewood,WI53211 		  PC Foreign Language Scholarship Program 1,000

St Marcus School

2215 N Palmer Street
Milwaukee,WI53212 		  PC Scholarships 10,000

Stand for Trans

36520 Saxony Road
Farmington,MI48335 		  PC General Operations 25,000

Support Center for Child Advocates

1617 JFK Blvd Suite 1200
Philadelphia,PA19103 		  PC General Operations 12,500

Tuesday's Child

3633 North California Avenue
Chicago,IL60618 		  PC Behavioral Intervention Program 8,000

Tutoring Chicago

303 W Madison Suite 750
Chicago,IL60606 		  PC General Operations 5,000

United Commnity Center

1028 S 9th Street
Milwaukee,WI53204 		  PC UCC Pre-College Program 10,000

United Methodist Children's Services of Wisconsin

3940 W Lisbon Avenue
Milwaukee,WI53208 		  PC General Operations 10,000

Unity in MotionProject Kindred

PO Box 511131
Milwaukee,WI53202 		  PC General Operations 5,000

Vision Forward Association

912 N Hawley Road
Milwaukee,WI53213 		  PC Low Vision Services 5,000

Well Child Center

620 Wing Street Suite 2
Elgin,IL60123 		  PC Pediatric Dental Clinic 15,000

WisconSibs Inc

211 E Franklin Street Suite C
Appleton,WI54911 		  PC Children & Youth Servvices Operations 5,000

WTTW Channel 11Window to the World Communications

5400 N St Louis Avenue
Chicago,IL60625 		  PC General Operations 8,000

YMCA of Metropolitan Milwaukee Inc

PO Box 2174
Milwaukee,WI532012174 		  PC Year-Round Food Program 10,000

Youth & Opportunity United (YOU)

1911 Church Street
Evanston,IL60201 		  PC Out-of-School Time Program 10,000

Youth Job Center

1114 Church Street
Evanston,IL60201 		  PC General Operations 7,500
Total .................................right arrow 3a 945,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 225,615  
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 ............ 		    18 222,685  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 448,300 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
448,300
(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:
Patrick and Anna M Cudahy Fund
EIN:
39-0991972
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fee 3,250 1,625   1,625
Legal Fee 362 181   181

TY 2023 InvestmentsCorpStockSchedule
Name:
Patrick and Anna M Cudahy Fund
EIN:
39-0991972
Name of Stock End of Year Book Value End of Year Fair Market Value
Corporate stock 13,958,438 13,958,438
Mutual Funds 601,300 601,300

TY 2023 InvestmentsGovtObligationsSch
Name:
Patrick and Anna M Cudahy Fund
EIN:
39-0991972
US Government Securities - End of Year Book Value:

455
US Government Securities - End of Year Fair Market Value:

455
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 OtherIncreasesSchedule
Name:
Patrick and Anna M Cudahy Fund
EIN:
39-0991972
Description Amount
Unrealized gain 2,219,037


TY 2023 OtherProfessionalFeesSchedule
Name:
Patrick and Anna M Cudahy Fund
EIN:
39-0991972
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Management Fee 67,602 33,801   33,801
Investment Fee 71,916 71,916   0