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
THEODORE W BATTERMAN
FAMILY FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)833 EAST MICHIGAN ST SUITE 1800
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532025615
A Employer identification number

39-1688812
B Telephone number (see instructions)

(262) 369-9978
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$69,459,277J 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) 2,023,108
2 Check right arrow.............
3 Interest on savings and temporary cash investments 28,320 28,320  
4 Dividends and interest from securities... 1,531,643 1,531,643  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,325,419
b Gross sales price for all assets on line 6a 22,151,870
7 Capital gain net income (from Part IV, line 2)... 1,325,419
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
278,920 265,499  
12 Total. Add lines 1 through 11........ 5,187,410 3,150,881  
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)......... Click to see attachment
List of Attached Documents:
// Content
38,471 19,236   19,235
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
35,360 17,680   17,680
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
812,060 753,560   58,500
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
21,598 21,598   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
159,180 0   159,180
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,066,669 812,074   254,595
25 Contributions, gifts, grants paid....... 5,503,524 5,503,524
26 Total expenses and disbursements. Add lines 24 and 25 6,570,193 812,074   5,758,119
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,382,783
b Net investment income (if negative, enter -0-) 2,338,807
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 8,042,322 7,773,367 7,773,367
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) 1,972,041 0 0
b Investments—corporate stock (attach schedule)....... 39,478,279 Click to see attachment
List of Attached Documents:
// Content
37,217,530 		49,322,217
c Investments—corporate bonds (attach schedule)....... 3,593,211 Click to see attachment
List of Attached Documents:
// Content
4,805,453 		4,551,215
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).......... 6,241,219 Click to see attachment
List of Attached Documents:
// Content
8,138,363 		7,812,478
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) 59,327,072 57,934,713 69,459,277
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 59,327,072 57,934,713
29 Total net assets or fund balances (see instructions)..... 59,327,072 57,934,713
30 Total liabilities and net assets/fund balances (see instructions). 59,327,072 57,934,713
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
59,327,072
2
Enter amount from Part I, line 27a .....................
2
-1,382,783
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
57,944,289
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
9,576
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
57,934,713
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 PUBLICLY TRADED SECURITIES      
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 22,151,870   20,826,451 1,325,419
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       1,325,419
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 1,325,419
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 32,509
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 32,509
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 32,509
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 123,246
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 123,246
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 90,737
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow90,737 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowWI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowGODFREY KAHN SC Telephone no.right arrow (414) 273-3500

Located atright arrow833 EAST MICHIGAN ST SUITE 1800MILWAUKEEWI ZIP+4right arrow53202
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
CHRISTOPHER T BATTERMAN PRESIDENT/TREASURER
1.00 		0 0 0
833 EAST MICHIGAN ST SUITE 1800
MILWAUKEE,WI53202
JOAN D KLIMPEL ASSISTANT SECRETARY
1.00 		0 0 0
833 EAST MICHIGAN ST SUITE 1800
MILWAUKEE,WI53202
LAURA G BATTERMAN WILKINS VICE PRESIDENT/SECRETARY
1.00 		0 0 0
833 EAST MICHIGAN ST SUITE 1800
MILWAUKEE,WI53202
LINDA C BATTERMAN JOHNSON VICE PRESIDENT
1.00 		0 0 0
833 EAST MICHIGAN ST SUITE 1800
MILWAUKEE,WI53202
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
THE NORTHERN TRUST COMPANY INVESTMENT MANAGEMENT 216,301
PO BOX 803878
CHICAGO,IL60680
HEIDI MAYER MANAGEMENT SERVICES 99,700
833 E MICHIGAN ST STE 1800
MILWAUKEE,WI53202
ONE SOURCE CONSTRUCTION CORP CONSTRUCTION SERVICES 57,550
3065 N 124TH ST 202
BROOKFIELD,WI53005
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
48,100,179
b
Average of monthly cash balances.......................
1b
7,867,767
c
Fair market value of all other assets (see instructions)................
1c
14,647,331
d
Total (add lines 1a, b, and c).........................
1d
70,615,277
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
70,615,277
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,059,229
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
69,556,048
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,477,802
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
3,477,802
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
32,509
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
318
c
Add lines 2a and 2b............................
2c
32,827
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,444,975
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,444,975
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
3,444,975
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
5,758,119
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
5,758,119
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 3,444,975
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...... 3,302,610
b From 2019...... 2,508,957
c From 2020...... 2,803,400
d From 2021...... 1,319,770
e From 2022...... 218,628
f Total of lines 3a through e ........ 10,153,365
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 5,758,119
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..... 3,444,975
e Remaining amount distributed out of corpus 2,313,144
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 12,466,509
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) ... 		3,302,610
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		9,163,899
10 Analysis of line 9:
a Excess from 2019.... 2,508,957
b Excess from 2020.... 2,803,400
c Excess from 2021.... 1,319,770
d Excess from 2022.... 218,628
e Excess from 2023.... 2,313,144
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

ABLELIGHT (FORMERLY BETHESDA LUTHERAN COMMUNITIES)

600 HOFFMANN DRIVE
WATERTOWN,WI53094 		N/A PC EQUIPPING STUDENTS WITH DISABILITIES TO BUILD BRIGHTER FUTURES 25,000

ALZHEIMER'S ASSOCIATION WISCONSIN CHAPTER

2820 WALTON COMMONS SUITE 132
MADISON,WI53718 		N/A PC ALZHEIMER'S ASSOCIATION CARE AND SUPPORT FOR JEFFERSON AND ROCK COUNTIES 2021-2024 25,000

AMERICAN BIBLE SOCIETY

101 NORTH INDEPENDENCE MALL EAST
FL8
PHILADELPHIA,PA19106 		N/A PC MISSION SUPPORT 7,500

BADGERLAND AFTERSCHOOL ENRICHMENT PROGRAM (BASE)

734 MADISON AVE
FORT ATKINSON,WI53538 		N/A PC MISSION SUPPORT 510,000

BILLY GRAHAM EVANGELISTIC ASSOCIATION

1 BILLY GRAHAM PARKWAY
CHARLOTTE,NC28201 		N/A PC MISSION SUPPORT 7,500

BLACK FOREST CHAPEL

14190 BLACK FOREST RD
COLORADO SPRINGS,CO809082808 		N/A PC 2023 FAMILY GRANT 2,500

CALIFORNIA FAMILY COUNCIL

PO BOX 7937
FRESNO,CA93747 		N/A PC 2023 FAMILY GRANT 5,000

CARE NET PREGNANCY CENTER

1350 MACARTHUR RD
MADISON,WI53714 		N/A PC MISSION SUPPORT/GREATEST NEED 5,000

CENTER FOR URBAN TEACHING

2600 W WISCONSIN AVENUE
MILWAUKEE,WI53233 		N/A PC 2024 & 2025 CENTER FOR URBAN TEACHING SUMMER SCHOOL PROGRAM 100,000

CHAPLAINS IN SCHOOLS

2225 N 1ST STREET
MILWAUKEE,WI53212 		N/A PC SCHOOL CHAPLAIN TRAINING 15,000

CHILDREN'S MUSEUM OF ROCK COUNTY

PO BOX 8042
JANESVILLE,WI53547 		N/A PC CHILDREN'S MUSEUM OF ROCK COUNTY - $8 MILLION CAPITAL CAMPAIGN 50,000

COME REASON MINISTRIES

PO BOX 20527
RIVERSIDE,CA92516 		N/A PC 2023 FAMILY GRANT 2,500

COMMUNITY FOUNDATION OF SOUTHERN WISCONSIN

121 N PARKER DRIVE
JANESVILLE,WI53545 		N/A PC SUPPORT FOR JANESVILLE PARKER AND CRAIG HIGH SCHOOL SCHOLARSHIPS - GRADUATING CLASSES OF 2023-2027 87,875

COMPASSION INTERNATIONAL

12290 VOYAGER PARKWAY
COLORADO SPRINGS,CO809213668 		N/A PC COMPASSIONS GLOBAL SURVIVAL INITIATIVES 50,000

CONCORDIA UNIVERSITY WISCONSIN

12800 N LAKE SHORE DRIVE
MEQUON,WI53097 		N/A PC ERNA BATTERMAN SCHOLARSHIP ENDOWMENT GAP FUNDING 2023 10,250

CROWN OF LIFE CHRISTIAN ACADEMY

404 ROOSEVELT STREET
FORT ATKINSON,WI53538 		N/A PC 4K EXPANSION 10,000

DESIRING GOD

PO BOX 2901
MINNEAPOLIS,MN55402 		N/A PC 2023 FAMILY GRANT 2,000

DISCOVERY WORLD LTD

500 N HARBOR DRIVE
MILWAUKEE,WI53202 		N/A PC DISCOVERY WORLD EDUCATIONAL OUTREACH TO BATTERMAN SCHOOLS OF CHOICE 2023 & 2024 62,500

DIVINE REDEEMER LUTHERAN CHURCH AND SCHOOL

31385 HILL ROAD
HARTLAND,WI53029 		N/A PC EARLY CHILDHOOD AND SCHOOL EXPANSION CAPITAL CAMPAIGN 1,002,500

DR JAMES DOBSON FAMILY INSTITUTE

PO BOX 39000
COLORADO SPRINGS,CO80949 		N/A PC PROGRAM SUPPORT 5,000

ECHO INC

65 S HIGH ST
JANESVILLE,WI53548 		N/A PC FOOD PANTRY SUPPORT 15,000

EVANS SCHOLARS FOUNDATION

155 LANGDON STREET
MADISON,WI53703 		N/A PC MISSION SUPPORT 500

FOOD PANTRY OF WAUKESHA COUNTY INC

1301 SENTRY DRIVE
WAUKESHA,WI53186 		N/A PC PROGRAM SUPPORT 5,000

FORT ATKINSON COMMUNITY FOUNDATION

244 NORTH MAIN STREET
FORT ATKINSON,WI53538 		N/A PC RENEWAL OF THEODORE W. BATTERMAN FAMILY FOUNDATION SCHOLARSHIP PROGRAM 36,000

FORT ATKINSON FOOD PANTRY

715 JONES AVENUE
FORT ATKINSON,WI53538 		N/A PC PROGRAM SUPPORT 5,000

FORT ATKINSON HISTORICAL SOCIETY

401 WHITEWATER AVE
FORT ATKINSON,WI53538 		N/A PC MISSION SUPPORT 10,000

GLACIAL COMMUNITY YMCA

1750 E VALLEY RD
OCONOMOWOC,WI53066 		N/A PC WATERTOWN YMCA MEMBERSHIP FOR ALL 105,000

GLOBAL IMPACT MINISTRIES INC (LOVE LIFE)

PO BOX 12214
CHARLOTTE,NC28220 		N/A PC MISSION SUPPORT 6,500

HAROLD JOHNSON DELAVAN FOOD PANTRY

714 E WALWORTH AVENUE
DELAVAN,WI53115 		N/A PC PROGRAM SUPPORT 5,000

HARTLAND AREA FOOD PANTRY

555 S INDUSTRIAL DR NO STE 7
HARTLAND,WI53029 		N/A PC PROGRAM SUPPORT 5,000

HENDERSON STATE UNIVERSITY FOUNDATION

1100 HENDERSON STREET
ARKADELPHIA,AR71999 		N/A PC GIFT FOR HENDERSON STATE UNIVERSITY'S MEN'S GOLF 5,000

HILLSIDE HEALTH CARE INTERNATIONAL

PO BOX 11244
ST LOUIS,MO63105 		N/A PC NEW BUILDING FOR HILLSIDE'S GROWING SERVICES 25,000

HOMELESS COALITION OF FORT ATKINSON

PO BOX 785
FORT ATKINSON,WI53538 		N/A PC TRANSITIONAL HOUSING PROJECT 25,000

HOPE CENTER

502 N EAST AVENUE
WAUKESHA,WI53186 		N/A PC NEW KITCHEN BUILD-OUT AND EQUIPMENT EQUIPMENT PURCHASE 30,000

HUMANE ANIMAL WELFARE SOCIETY OF WAUKESHA COUNTY INC

701 NORTHVIEW ROAD
WAUKESHA,WI53188 		N/A PC GIFT FOR ANIMAL CARE AND ADOPTION 2,500

INSIDE OUTREACH INC

74 KIHAPAI ST
KAILUA,HI967342612 		N/A PC 2023 FAMILY GRANT 3,000

INSTITUTIONAL MINISTRIES (FORMERLY WISCONSIN LUTHERAN INSTITUTIONAL MINISTR

1833 EXECUTIVE DR 101B
OCONOMOWOC,WI53066 		N/A PC GRACELINKS EMAIL AND PRINT MINISTRY EXPANSION 25,000

JEFFERSON AREA FOOD PANTRY

PO BOX 44
JEFFERSON,WI53549 		N/A PC PROGRAM SUPPORT 5,000

JOURNEY21 INC

1671 OLD SCHOOL HOUSE ROAD
OCONOMOWOC,WI53066 		N/A PC GIFT FOR GENERAL SUPPORT/GREATEST NEED 2,500

JOURNEYS LUTHERAN SCHOOL

5425 S 111TH STREET
HALES CORNER,WI53130 		N/A PC JOURNEYS LUTHERAN SCHOOL FIRE ALARM SYSTEM UPDATE 52,500

JUDICIAL WATCH

425 3RD STREET NW NO 800
WASHINGTON,DC20024 		N/A PC OPERATING SUPPORT 5,000

KINGDOM WORKERS

N19W24075 RIVERWOOD DR STE 200
WAUKESHA,WI53188 		N/A PC MALAWI DISABILITY EXPANSION 45,000

LAKE COUNTRY LUTHERAN HIGH SCHOOL

401 CAMPUS DR
HARTLAND,WI53029 		N/A PC LCL BASEBALL PROGRAM SUPPORT 5,000

LIFE NETWORK

3700 GALLEY ROAD
COLORADO SPRINGS,CO80909 		N/A PC 2023 FAMILY GRANT 2,500

LIFEHOUSE THEATER

PO BOX 7647
REDLANDS,CA92375 		N/A PC 2023 FAMILY GRANT 2,000

LIVING WORD LUTHERAN HIGH SCHOOL

2230 LIVING WORD LANE
JACKSON,WI53037 		N/A PC DORM TO CLASSROOM CONVERSION 50,000

LUTHERAN CHURCH CHARITIES

3220 MILWAUKEE AVE
NORTHBROOK,IL60062 		N/A PC LCC K-9 COMFORT DOG MINISTRY 5,000

LUTHERAN CHURCH MISSOURI SYNOD (LCMS)

PO BOX 66861
ST LOUIS,MO63166 		N/A PC ENRICHING THEOLOGICAL EDUCATION IN AFRICA 72,500

LUTHERAN COUNSELING AND FAMILY SERVICES OF WISCONSIN

3800 N MAYFAIR ROAD
WAUWATOSA,WI53222 		N/A PC IN SCHOOL MENTAL HEALTH COUNSELING 25,000

LUTHERAN HIGH SCHOOL ASSOCIATION OF GREATER MILWAUKEE

10427 W LINCOLN AVENUE NO 1300
WEST ALLIS,WI53227 		N/A PC STARFISH FUND 40,000

LUTHERAN HOUR MINISTRIES

660 MASON RIDGE CENTER
ST LOUIS,MO63141 		N/A PC MISSION SUPPORT 55,000

MADISON COLLEGE FOUNDATION

3591 ANDERSON ST 203A
MADISON,WI53704 		N/A PC SCHOLARSHIPS FOR FORT ATKINSON STUDENTS 50,000

MEDICAL COLLEGE OF WISCONSIN

9200 W WISCONSIN AVE
MILWAUKEE,WI53226 		N/A PC ACCELERATING CLINICAL TRIALS AND HEALTH SERVICES RESEARCH FOR PANCREATIC CANCER 497,795

MILWAUKEE PUBLIC MUSEUM

800 W WELLS STREET
MILWAUKEE,WI53233 		N/A PC EDUCATION FOR SELECTED BATTERMAN FOUNDATION LUTHERAN SCHOOLS 15,000

MILWAUKEE RESCUE MISSION

830 NORTH 19TH STREET
MILWAUKEE,WI53233 		N/A PC LAUNCH MENTAL HEALTH CLINIC IN HOMELESS SHELTER 54,500

MILWAUKEE SCHOOL OF ENGINEERING

1025 NORTH BROADWAY STREET
MILWAUKEE,WI53202 		N/A PC THE THEODORE W. BATTERMAN FAMILY FOUNDATION ANNUAL SCHOLARSHIP PROGRAM 114,800

MILWAUKEE SYMPHONY ORCHESTRA

1101 N MARKET STREET NO 100
MILWAUKEE,WI53202 		N/A PC OPERATING SUPPORT 2,500

NO REGRETS MENS MINISTRY

19435 W CAPITOL DR L05
BROOKFIELD,WI53045 		N/A PC EDUCATION & RESOURCE MATERIALS 20,000

OAHU SOCIETY FOR THE PREVENTION OF CRUELTY OF ANIMALS

PO BOX 861673
WAHIAWA,HI96786 		N/A PC 2023 FAMILY GRANT 2,000

OCONOMOWOC FOOD PANTRY

PO BOX 832
OCONOMOWOC,WI53066 		N/A PC PROGRAM SUPPORT 5,000

PANCREATIC CANCER ACTION NETWORK

1500 ROSECRANS AVENUE NO 200
MANHATTAN BEACH,CA90266 		N/A PC PANCAN PATIENT SERVICES: OFFERING HOPE AND SUPPORT TO PANCREATIC CANCER PATIENTS 50,000

PEWAUKEE INTER-CHURCH LAY COUNCIL

W243N2312 SADDLE BROOK DR APT 111
PEWAUKEE,WI53072 		N/A PC FOOD PANTRY SUPPORT 5,000

RACINE LUTHERAN HIGH SCHOOL

251 LUEDTKE AVENUE
RACINE,WI53405 		N/A PC RLHS TOP-TIER EXPANSION PROJECT - ACADEMIC SUPPORT CENTER/RESOURCE ROOM 42,000

RIVERSIDE LIFE SERVICES

3727 MCCRARY ST
RIVERSIDE,CA92506 		N/A PC 2023 FAMILY GRANT 2,000

ROTARY GARDENS

PO BOX 385
DELAVAN,WI53115 		N/A PC ROTARY BOTANICAL GARDENS PATHWAY RESTORATION 30,000

SAFE FAMILIES FOR CHILDREN OF WISCONSIN

2327 N 52ND ST
MILWAUKEE,WI53210 		N/A PC SAFE FAMILIES FOR CHILDREN EXPANSION 40,000

SALTY EARTH PICTURES

PO BOX 284
LAKE MILLS,WI53551 		N/A PC ONE BY ONE FEATURE FILM AND MOVIE CRITTERS SEASON 2 22,500

SALVATION ARMY JANESVILLE

514 SUTHERLAND AVE
JANESVILLE,WI53545 		N/A PC FOOD PANTRY SUPPORT 25,000

SALVATION ARMY MILWAUKEE

4129 W VILLARD AVENUE
MILWAUKEE,WI53209 		N/A PC FOOD PANTRY SUPPORT 20,000

SAMARITAN'S PURSE

PO BOX 3000
BOONE,NC28607 		N/A PC MISSION SUPPORT 165,000

SHRINERS HOSPITAL FOR CHILDREN

2900 N ROCKY POINT DR
TAMPA,FL33607 		N/A PC PROGRAM SUPPORT 7,500

SMILE TRAIN INC

633 THIRD AVENUE SUITE 9TH FL
NEW YORK,NY10017 		N/A PC PROGRAM SUPPORT 10,000

SOUTH WISCONSIN DISTRICT OF THE LUTHERAN CHURCH MISSOURI SYNOD

8100 W CAPITOL DRIVE
MILWAUKEE,WI53222 		N/A PC LUTHERAN NEIGHBORHOOD SCHOOLS 25,000

ST MARCUS CHURCH AND SCHOOL

2215 NORTH PALMER ST
MILWAUKEE,WI53212 		N/A PC UPGRADING TECHNOLOGY FOR 21ST CENTURY LEARNING 160,000

ST VINCENT DE PAUL SOCIETY - BLESSED TERESA OF CALCUTTA PARISH

W314 N7462 WI-83
HARTLAND,WI53029 		N/A PC NORTH LAKE FOOD PANTRY SUPPORT 5,000

ST VINCENT DE PAUL SOCIETY - FORT ATKINSON

1525 SUMMIT DR STE 4
FORT ATKINSON,WI53538 		N/A PC ST. VINCENT DE PAUL FORT ATKINSON WISCONSIN FACILITY REPAIRS 29,821

TANALIAN BIBLE CAMP

PO BOX 176
PORT ALSWORTH,AK99653 		N/A PC KOINONIA CAPITAL CAMPAIGN 75,000

TEACHBEYOND

PO BOX 610
DOWNERS GROVE,IL60515 		N/A PC MISSION SUPPORT 10,000

TRINITY EVANGELICAL LUTHERAN CHURCH

1026 N 9TH ST
MILWAUKEE,WI53233 		N/A PC RESTORATION OF TRINITY EVANGELICAL LUTHERAN CHURCH 94,500

UNIVERSITY OF NORTHWESTERN-ST PAUL (LIFE 1025 CHRISTIAN RADIO MADISON)

PO BOX 130517
ST PAUL,MN55113 		N/A PC LIFE 102.5 RADIO STATION 5,000

UNIVERSITY OF WISCONSIN FOUNDATION

1848 UNIVERSITY AVE
MADISON,WI53726 		N/A PC 2023 HYDROCEPHALUS UGANDA PROJECT 300,983

WATERTOWN FOOD PANTRY INC

204 N TENTH STREET
WATERTOWN,WI53094 		N/A PC PROGRAM SUPPORT 5,000

WHEATON COLLEGE

501 COLLEGE AVENUE
WHEATON,IL60187 		N/A PC PROGRAM SUPPORT 2,500

WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES

122 W WASHINGTON AVENUE SUITE 700
MADISON,WI53703 		N/A PC WAICU NONPROFIT INTERNSHIP PROGRAM 116,667

WISCONSIN YOUTH SYMPHONY ORCHESTRAS FOUNDATION INC

PO BOX 258039
MADISON,WI53725 		N/A PC THE CAMPAIGN TO BUILD THE WYSO CENTER FOR MUSIC 533,333

WLCFS - CHRISTIAN FAMILY SOLUTIONS

4351 W COLLEGE AVENUE 410
APPLETON,WI54914 		N/A PC YOUTH COUNSELING INITIATIVE 50,000

WORLD VISION

PO BOX 9716
FEDERAL WAY,WA98063 		N/A PC WORLD VISION HONDURAS ECONOMIC EMPOWERMENT/THRIVE PROGRAM 110,000

WYCLIFFE BIBLE TRANSLATORS

11221 JOHN WYCLIFFE BLVD
ORLANDO,FL32832 		N/A PC MORRIS & WENDY JOHNSON MINISTRY 2023 & 2024 57,000

YMCA OF NORTHERN ROCK COUNTY CHARITABLE FOUNDATION INC

221 DODGE STREET
JANESVILLE,WI53545 		N/A PC FRIENDS OF YOUTH FINANCIAL ASSISTANCE 25,000

YOUNG AMERICA'S FOUNDATION

11480 COMMERCE PARK DRIVE SIXTH
FLOOR
RESTON,VA20191 		N/A PC PROGRAM SUPPORT 5,000

ZACHARIAH'S ACRES

N74 W35911 SERVANTS WAY
OCONOMOWOC,WI53066 		N/A PC GREATEST NEED/GENERAL SUPPORT GIFT 52,500
Total .................................right arrow 3a 5,503,524
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 ........... 		    14 28,320  
4 Dividends and interest from securities ....     14 1,531,643  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 278,920  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,325,419  
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 3,164,302 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,164,302
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THEODORE W BATTERMAN
FAMILY FOUNDATION INC
Employer identification number

39-1688812
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THEODORE W BATTERMAN
FAMILY FOUNDATION INC 		Employer identification number
39-1688812
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
LINDA C BATTERMAN JOHNSON
625 WALNUT RIDGE DRIVE
 
HARTLAND, WI53029

$ 150,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
JOHN E WILKINS AND LAURA G WILKINS
625 WALNUT RIDGE DR
 
HARTLAND, WI53029

$ 250,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
THEODORE AND MARILYN BATTERMAN ESTATE
 
833 E MICHIGAN STREET SUITE 1800
 
MILWAUKEE, WI53202

$ 101,593


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
VIRGINIA G BACKHUS 2020 TRUST 22-40636
 
PO BOX 804298
 
CHICAGO, IL60680

$ 1,425,621


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THEODORE W BATTERMAN
FAMILY FOUNDATION INC 		Employer identification number

39-1688812
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
4
 PUBLICLY TRADED SECURITIES $ 1,425,621 2023-01-06
(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
THEODORE W BATTERMAN
FAMILY FOUNDATION INC 		Employer identification number

39-1688812
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THEODORE W BATTERMAN
 
FAMILY FOUNDATION INC
EIN:
39-1688812
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 35,360 17,680   17,680

TY 2023 InvestmentsCorpBondsSchedule
Name:
THEODORE W BATTERMAN
 
FAMILY FOUNDATION INC
EIN:
39-1688812
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 4,805,453 4,551,215

TY 2023 InvestmentsCorpStockSchedule
Name:
THEODORE W BATTERMAN
 
FAMILY FOUNDATION INC
EIN:
39-1688812
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCKS 9,372,167 13,711,926
EQUITY FUNDS 27,845,363 35,610,291

TY 2023 InvestmentsOtherSchedule2
Name:
THEODORE W BATTERMAN
 
FAMILY FOUNDATION INC
EIN:
39-1688812
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PRIVATE EQUITY CORE FUND (QP) VII LP AT COST 1,389,049 2,489,747
PRIVATE EQUITY CORE FUND (QP) VIII LP AT COST 1,503,337 2,106,500
CARLYLE DIRECT ALTERNATIVE OPPORTUNITIES AT COST 2,235,940 1,079,185
PRIVATE EQUITY STRATEGIC OPPORTUNITIES FUND IV LP AT COST 542,450 845,772
BLACKSTONE COF IV FEEDER FUND 5-C LP AT COST 1,177,057 190,884
MREP GLOBAL VI LLP AT COST 190,861 163,269
PRIVATE EQUITY CORE FUND X LP AT COST 630,943 705,078
BLACKSTONE REAL ESTATE PARTNERS X.F LP (88-3900314) AT COST 1,008 1,420
BLACKSTONE REAL ESTATE PARTNERS X.F LP (88-1163633) AT COST 85,245 93,407
BLACKSTONE REAL ESTATE PARTNERS X.F LP (98-1695459) AT COST 51,946 120,498
BLACKSTONE REAL ESTATE PARTNERS X.F LP (88-3918465) AT COST 321,925 6,628
BLACKSTONE COF IV AIV-2-LP AT COST 8,602 10,090

TY 2023 LegalFeesSchedule
Name:
THEODORE W BATTERMAN
 
FAMILY FOUNDATION INC
EIN:
39-1688812
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 38,471 19,236   19,235


TY 2023 OtherDecreasesSchedule
Name:
THEODORE W BATTERMAN
 
FAMILY FOUNDATION INC
EIN:
39-1688812
Description Amount
BROKER ADJUSTMENTS TO BASIS 9,576


TY 2023 OtherExpensesSchedule
Name:
THEODORE W BATTERMAN
 
FAMILY FOUNDATION INC
EIN:
39-1688812
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES AND SUBSCRIPTIONS 4,915 0   4,915
OFFICE EXPENSES 154,265 0   154,265


TY 2023 OtherIncomeSchedule2
Name:
THEODORE W BATTERMAN
 
FAMILY FOUNDATION INC
EIN:
39-1688812
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 DIVIDENDS AND INTEREST 278,920 278,920 278,920
K-1 - METROPOLIAN REAL ESTATE PARTNERS GLOBAL (QP) VII, LP UBTI 0 21 0
K-1 - PRIVATE EQUITY FUND (QP) VII, LP K-1 UBTI 0 -80,993 0
K-1 - PRIVATE EQUITY FUND (QP) VIII, LP K-1 UBTI 0 -15,931 0
K-1 - PRIVATE EQUITY STRATEGIC OPPS FUND VI, LP K-1 UBTI 0 14,666 0
K-1 - CARLYLE DIRECT ALT. OPPORTUNITIES UBTI 0 15,325 0
K-1 - BLACKSTONE REAL ESTATE PARTNERS X.F LP UBTI 0 473 0
K-1 - BLACKSTONE REAL ESTATE PARTNERS X.F LP UBTI 0 12,113 0
K-1 - BLACKSTONE REAL ESTATE PARTNERS X.F LP UBTI 0 -586 0
K-1 - PRIVATE EQUITY CORE FUND X LP UBTI 0 36,896 0
K-1 - BLACKSTONE COF IV AIV-2 LP UBTI 0 366 0
K-1 - BLACKSTONE REAL ESTATE PARTNERS X.F UBTI 0 4,229 0


TY 2023 OtherProfessionalFeesSchedule
Name:
THEODORE W BATTERMAN
 
FAMILY FOUNDATION INC
EIN:
39-1688812
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 695,060 695,060   0
AGENCY FEES 117,000 58,500   58,500


TY 2023 TaxesSchedule
Name:
THEODORE W BATTERMAN
 
FAMILY FOUNDATION INC
EIN:
39-1688812
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 21,598 21,598   0