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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
DANIEL W ERDMAN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

39-2012234
B Telephone number (see instructions)

(608) 252-4098
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$7,689,852J 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) 476,257
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 170,957 170,138  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 670,712
b Gross sales price for all assets on line 6a 1,574,903
7 Capital gain net income (from Part IV, line 2)... 670,712
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,632 242  
12 Total. Add lines 1 through 11........ 1,320,558 841,092  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
750 0 0 750
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
57,926 52,133   5,793
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,805 1,805   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 60,481 53,938 0 6,543
25 Contributions, gifts, grants paid....... 707,627 707,627
26 Total expenses and disbursements. Add lines 24 and 25 768,108 53,938 0 714,170
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 552,450
b Net investment income (if negative, enter -0-) 787,154
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 1,616 1,110 1,110
2 Savings and temporary cash investments......... 506,232 480,038 480,038
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,378,298 Click to see attachment
List of Attached Documents:
// Content
1,624,664 		4,094,275
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).......... 2,213,563 Click to see attachment
List of Attached Documents:
// Content
2,367,256 		3,109,135
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,373 		Click to see attachment
List of Attached Documents:
// Content
5,294 		Click to see attachment
List of Attached Documents:
// Content
5,294
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,103,082 4,478,362 7,689,852
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 4,103,082 4,478,362
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)..... 4,103,082 4,478,362
30 Total liabilities and net assets/fund balances (see instructions). 4,103,082 4,478,362
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
4,103,082
2
Enter amount from Part I, line 27a .....................
2
552,450
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
12
4
Add lines 1, 2, and 3 ..........................
4
4,655,544
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
177,182
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,478,362
Form 990-PF (2024)
Form 990-PF (2024)
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 39. BRISTOL MYERS SQUIBB CO   2023-01-31 2024-01-16
b 86. BRISTOL MYERS SQUIBB CO     2024-01-16
c 2. BROADCOM INC   2022-12-21 2024-01-30
d 51. EVERSOURCE ENERGY     2024-01-30
e 2. KLA TENCOR CORP COM RTS EXP 04/25/2006   2022-11-22 2024-01-30
2. LAM RESH CORP COM   2023-01-17 2024-01-30
28. MICROCHIP TECHNOLOGY INC COM W/RTS ATTACHED EXP 02/13/2005   2022-11-22 2024-01-30
3. PARKER HANNIFIN CORP     2024-01-30
8. EATON CORP PLC SHS   2020-03-03 2024-01-30
7. TRANE TECHNOLOGIES PLC     2024-01-30
500. ISHARES 1 3 YEAR TREASURY BOND ETF   2022-06-07 2024-02-07
1650. ISHARES IBONDS DEC 2025 TERM CP ETF   2020-10-01 2024-02-07
59. COMCAST CORP CLASS A     2024-02-13
50. ABBOTT LABORATORIES   2010-06-08 2024-03-20
25. ABBVIE INC   2010-06-08 2024-03-20
50. ALPHABET INC CL C   2010-08-25 2024-03-20
200. APPLE INC   2008-12-31 2024-03-20
20. BERKSHIRE HATHAWAY INC CL B   2015-10-28 2024-03-20
424. BRISTOL MYERS SQUIBB CO   2019-11-20 2024-03-20
100. CANADIAN PACIFIC KANSAS CITY   2013-01-24 2024-03-20
50. CATERPILLAR INC   2021-12-22 2024-03-20
200. COPART INC COM   2021-03-01 2024-03-20
25. COSTCO WHOLESALE CORP COM   2010-08-25 2024-03-20
50. FORTINET INC   2020-10-30 2024-03-20
25. GOLDMAN SACHS GROUP INC   2020-10-15 2024-03-20
87. MICRON TECHNOLOGY INC COM   2018-10-16 2024-03-20
2096.496 NUVEEN REAL ESTATE SECS I   2011-11-28 2024-03-20
120. PAYPAL HOLDINGS INC   2021-03-01 2024-03-20
200. VERIZON COMMUNICATIONS   2010-06-09 2024-03-20
75. CHUBB LIMITED COM   2022-05-18 2024-03-20
6. MICROSOFT CORP   2022-03-30 2024-03-26
4. PARKER HANNIFIN CORP   2023-01-31 2024-03-26
9. EATON CORP PLC SHS   2020-03-03 2024-03-26
500. ISHARES 1 3 YEAR TREASURY BOND ETF   2022-06-07 2024-04-02
97. PHILIP MORRIS INTL     2024-04-09
12. EATON CORP PLC SHS   2023-05-09 2024-04-25
22. EATON CORP PLC SHS   2020-03-03 2024-04-25
3945.886 COLUMBIA CORPORATE INC FD INSTL   2024-02-07 2024-05-03
9555.668 DOUBLELINE TOTAL RET BD I     2024-05-03
100. AIRBNB INC CL A     2024-05-15
50. AMAZON COM INC   2010-04-15 2024-05-15
25. BERKSHIRE HATHAWAY INC CL B   2015-10-28 2024-05-15
16129.031 WESTERN ASSET INCOME FUND CLASS I   2021-02-09 2024-05-15
11930.28 LOOMIS SAYLES STRATEGIC ALPHA N   2017-05-11 2024-05-15
50. PEPSICO INC   2001-09-21 2024-05-15
11. UNITED PARCEL SERVICE CL B COM   2024-01-30 2024-05-21
6. MICROSOFT CORP     2024-06-04
3. UNITED PARCEL SERVICE CL B COM   2024-01-30 2024-06-04
14. UNITED PARCEL SERVICE CL B COM     2024-06-04
25. ABBOTT LABORATORIES   2010-06-08 2024-06-18
50. ALPHABET INC CL C   2010-08-25 2024-06-18
50. APPLE INC   2008-12-31 2024-06-18
20. COSTCO WHOLESALE CORP COM   2010-08-25 2024-06-18
100. FORTINET INC   2020-10-30 2024-06-18
250. ISHARES IBONDS DEC 2026 TERM CP ETF   2022-12-30 2024-06-18
100. WAL MART STORES INC   2020-06-17 2024-06-18
7. KLA TENCOR CORP COM RTS EXP 04/25/2006     2024-06-26
1. WELLS FARGO   1911-11-11 2024-07-09
6. BROADCOM INC   2022-12-21 2024-07-17
19. NIKE INC CL B COM   2024-01-30 2024-07-17
34. NIKE INC CL B COM     2024-07-17
8. LAM RESH CORP COM     2024-07-30
75. ALPHABET INC CL C   2010-08-25 2024-08-05
2143.163 CREDIT SUISSE COMMODITY RETURN   2024-05-09 2024-08-05
15. BECTON DICKINSON & CO COM     2024-08-28
63. UNITED PARCEL SERVICE CL B COM     2024-08-28
10. CME GROUP INC     2024-09-25
11. J P MORGAN CHASE & CO     2024-09-25
10. MICROCHIP TECHNOLOGY INC COM W/RTS ATTACHED EXP 02/13/2005   2023-12-07 2024-09-25
100. MICROCHIP TECHNOLOGY INC COM W/RTS ATTACHED EXP 02/13/2005     2024-09-25
4. VISA INC   2024-04-25 2024-09-25
4. VISA INC   2023-05-09 2024-09-25
6. BECTON DICKINSON & CO COM   2024-01-16 2024-10-09
5. BECTON DICKINSON & CO COM   2021-04-27 2024-10-09
12. INTERNATIONAL BUSINESS MACHS CORP     2024-10-09
21. MEDTRONIC PLC     2024-10-09
17. BROADCOM INC     2024-10-22
12. VISA INC   2023-05-09 2024-10-22
50. PEPSICO INC   2001-09-21 2024-10-25
400. APPLE INC   2008-12-31 2024-10-28
325. ALPHABET INC CL C   2010-08-25 2024-10-31
200. AMAZON COM INC   2010-04-15 2024-10-31
50. CATERPILLAR INC   2021-12-22 2024-10-31
218. ISHARES S&P SMALL CAP 600 INDEX FD   2013-12-27 2024-10-31
300. J P MORGAN CHASE & CO     2024-10-31
200. NVIDIA CORP COM   2021-03-01 2024-10-31
75. ABBOTT LABORATORIES   2010-06-08 2024-11-01
100. ABBVIE INC   2010-06-08 2024-11-01
50. BERKSHIRE HATHAWAY INC CL B   2015-10-28 2024-11-01
10. COSTCO WHOLESALE CORP COM   2010-08-25 2024-11-01
150. HEALTH CARE SELECT SECTOR SPDR ETF   2012-02-17 2024-11-01
5. ELEVANCE HEALTH INC   2023-11-20 2024-11-05
1. ELEVANCE HEALTH INC   2022-12-21 2024-11-05
21. MERCK AND CO INC   2024-01-16 2024-11-05
12. MERCK AND CO INC     2024-11-05
8. ELEVANCE HEALTH INC     2024-11-19
21. CDW CORP   2024-06-26 2024-11-19
4. KLA TENCOR CORP COM RTS EXP 04/25/2006   2017-10-09 2024-11-19
1. WELLS FARGO   1911-11-11 2024-11-22
12. ELEVANCE HEALTH INC     2024-12-04
24. MERCK AND CO INC   2022-04-13 2024-12-04
2101.545 AMERICAN FUNDS GROWTH FUND OF AMER A   1911-11-11 2024-12-16
7. CUMMINS INC COM     2024-12-17
20. UNION PAC CORP     2024-12-17
19. BROADCOM INC   2017-05-03 2024-12-23
9. EOG RES INC COM     2024-12-23
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(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 1,952   2,810 -858
b 4,304   4,250 54
c 2,409   1,119 1,290
d 2,818   3,044 -226
e 1,192   759 433
1,666   939 727
2,399   2,075 324
1,434   899 535
2,002   749 1,253
1,806   488 1,318
40,933   41,543 -610
40,797   44,781 -3,984
2,460   2,799 -339
5,613   1,114 4,499
4,436   604 3,832
7,415   564 6,851
35,165   619 34,546
8,279   2,747 5,532
21,974   23,702 -1,728
8,839   2,258 6,581
17,581   10,153 7,428
11,288   5,462 5,826
18,315   1,411 16,904
3,373   1,078 2,295
9,753   5,206 4,547
8,246   3,703 4,543
31,196   36,590 -5,394
7,663   32,637 -24,974
8,003   5,256 2,747
19,453   15,678 3,775
2,538   1,891 647
2,213   1,293 920
2,833   843 1,990
40,672   41,543 -871
8,785   10,470 -1,685
3,784   2,040 1,744
6,937   2,060 4,877
35,316   35,829 -513
81,988   100,000 -18,012
14,596   17,608 -3,012
9,205   365 8,840
10,305   3,434 6,871
81,774   99,770 -17,996
111,667   118,590 -6,923
8,989   2,340 6,649
1,609   1,621 -12
2,473   1,670 803
411   442 -31
1,917   2,898 -981
2,590   557 2,033
8,783   564 8,219
10,692   155 10,537
17,412   1,129 16,283
5,973   2,155 3,818
5,944   5,853 91
6,760   3,980 2,780
5,685   1,279 4,406
59     59
946   336 610
1,385   1,972 -587
2,478   3,145 -667
6,849   2,452 4,397
12,100   847 11,253
46,014   50,000 -3,986
3,579   3,887 -308
8,025   8,520 -495
2,171   2,225 -54
2,302   1,803 499
765   853 -88
7,647   6,568 1,079
1,073   1,097 -24
1,073   931 142
1,417   1,418 -1
1,181   1,258 -77
2,780   1,709 1,071
1,844   2,573 -729
3,055   516 2,539
3,426   2,794 632
8,611   2,340 6,271
93,429   1,239 92,190
57,398   3,669 53,729
37,711   1,459 36,252
18,758   10,153 8,605
25,145   11,896 13,249
67,356   14,234 53,122
26,797   2,729 24,068
8,900   1,670 7,230
20,309   2,415 17,894
22,695   6,869 15,826
8,706   564 8,142
22,202   5,435 16,767
2,084   2,329 -245
417   510 -93
2,131   2,489 -358
1,218   1,149 69
3,151   3,912 -761
3,649   4,672 -1,023
2,453   416 2,037
28     28
4,800   5,134 -334
2,436   2,053 383
178,652     178,652
2,544   1,296 1,248
4,610   3,819 791
4,425   427 3,998
1,078   993 85
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      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
      8,426
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       -858
b       54
c       1,290
d       -226
e       433
      727
      324
      535
      1,253
      1,318
      -610
      -3,984
      -339
      4,499
      3,832
      6,851
      34,546
      5,532
      -1,728
      6,581
      7,428
      5,826
      16,904
      2,295
      4,547
      4,543
      -5,394
      -24,974
      2,747
      3,775
      647
      920
      1,990
      -871
      -1,685
      1,744
      4,877
      -513
      -18,012
      -3,012
      8,840
      6,871
      -17,996
      -6,923
      6,649
      -12
      803
      -31
      -981
      2,033
      8,219
      10,537
      16,283
      3,818
      91
      2,780
      4,406
      59
      610
      -587
      -667
      4,397
      11,253
      -3,986
      -308
      -495
      -54
      499
      -88
      1,079
      -24
      142
      -1
      -77
      1,071
      -729
      2,539
      632
      6,271
      92,190
      53,729
      36,252
      8,605
      13,249
      53,122
      24,068
      7,230
      17,894
      15,826
      8,142
      16,767
      -245
      -93
      -358
      69
      -761
      -1,023
      2,037
      28
      -334
      383
      178,652
      1,248
      791
      3,998
      85
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 670,712
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 10,941
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 10,941
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,941
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 2,220
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,220
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 8,721
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right 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 2024 or the taxable year beginning in 2024? 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
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowUS BANK NA Telephone no.right arrow (608) 252-7624

Located atright arrow1 S PINCKNEY STREETMADISONWI ZIP+4right arrow53703
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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
DANIEL W ERDMAN DIRECTOR
1 		0    
C/O US BANK NA PO BOX 7900
MADISON,WI537077900
DEBORAH ERDMAN-LUDER DIRECTOR
1 		0    
C/O US BANK NA PO BOX 7900
MADISON,WI537077900
DARRELL W BEHNKE DIRECTOR
1 		0    
C/O US BANK NA PO BOX 7900
MADISON,WI537077900
NATALIE BOCK ERDMAN DIRECTOR
1 		0    
C/O US BANK NA PO BOX 7900
MADISON,WI537077900
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 (2024)
Form 990-PF (2024)
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
US BANK NA AGENT FOR TRUSTEE 57,926
PO BOX 0634
MILWAUKEE,WI532010634
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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
7,123,846
b
Average of monthly cash balances.......................
1b
266,320
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
7,390,166
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
7,390,166
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
110,852
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,279,314
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
363,966
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
363,966
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
10,941
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
10,941
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
353,025
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
353,025
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
353,025
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
714,170
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
714,170
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 353,025
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 210,248
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 714,170
a Applied to 2023, but not more than line 2a 210,248
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 2024 distributable amount..... 353,025
e Remaining amount distributed out of corpus 150,897
5 Excess distributions carryover applied to 2024. 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 5 150,897
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		150,897
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 150,897
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
DANIEL W ERDMAN NATALIE BOCK ERDMAN
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
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

MADISON MUSEUM OF CONTEMPORARY ART

227 STATE STREET
MADISON,WI53703 		NONE PC GENERAL OPERATING 5,000

MUSEUM OF WISCONSIN ART

205 VETERANS AVENUE
WEST BEND,WI53095 		NONE PC GENERAL OPERATING 17,500

ACCESS COMMUNITY HEALTH CENTERS

2901 WEST BELTLINE HWY SUITE 120
MADISON,WI53713 		NONE PC GENERAL OPERATING 5,000

GROUNDSWELL CONSERVANCY

211 SOUTH PATERSON STREET
MADISON,WI53703 		NONE PC GENERAL OPERATING 3,000

CXC

718 POST RD
MADISON,WI53713 		NONE PC GENERAL OPERATING 22,127

BAYVIEW FOUNDATION

601 BAYVIEW TRIANGLE
MADISON,WI53715 		NONE PC GENERAL OPERATING 25,000

MADISON AREA FOOD PANTRY GARDENS

PO BOX 5116
MADISON,WI53705 		NONE PC GENERAL OPERATING 5,000

ONE CITY

2012 FISHER ST
MADISON,WI53713 		NONE PC GENERAL OPERATING 50,000

THE NATURE CONSERVANCY

25 WEST MAIN ST
MADISON,WI53703 		NONE PC GENERAL OPERATING 25,000

RURAL BEHAVIORAL HEALTH INSTITUTE

PO BOX 203
LIVINGSTON,MT59047 		NONE PC GENERAL OPERATING 25,000

UW FOUNDATION

1848 UNIVERSITY AVENUE
MADISON,WI53726 		NONE PC GENERAL OPERATING 525,000
Total .................................right arrow 3a 707,627
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
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 ....     14 170,957  
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 ............ 		    18 670,712  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    1 242  
bFEDERAL TAX REFUND     1 2,390  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   844,301  
13Total. Add line 12, columns (b), (d), and (e)..................
13
844,301
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
DANIEL W ERDMAN FOUNDATION INC
 
Employer identification number

39-2012234
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
DANIEL W ERDMAN FOUNDATION INC
  		Employer identification number
39-2012234
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
DANIEL W ERDMAN
C/O US BANK NA PO BOX 0634
 
MILWAUKEE, WI53201

$ 300,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
NATALIE ERDMAN
C/O US BANK NA PO BOX 0634
 
MILWAUKEE, WI53201

$ 176,257


(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.)
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
DANIEL W ERDMAN FOUNDATION INC
  		Employer identification number

39-2012234
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 2101.545 SH OF AMERICAN FUNDS GROWTH FUND $ 176,257 2024-12-12
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
DANIEL W ERDMAN FOUNDATION INC
  		Employer identification number

39-2012234
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
DANIEL W ERDMAN FOUNDATION INC
EIN:
39-2012234
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 750     750

TY 2024 InvestmentsCorpStockSchedule
Name:
DANIEL W ERDMAN FOUNDATION INC
EIN:
39-2012234
Name of Stock End of Year Book Value End of Year Fair Market Value
12572Q105 CME GROUP INC 9,185 13,469
713448108 PEPSICO INC CAP 12,625 29,956
654106103 NIKE INC 7,550 26,485
595112103 MICRON TECHNOLOGY IN 15,960 31,560
30303M102 FACEBOOK INC A 4,612 46,841
084670702 BERKSHIRE HATHAWAY I 34,344 113,320
025537101 AMERICAN ELEC PWR CO 5,121 6,364
459200101 INTL BUSINESS MCHN C 10,069 17,147
571748102 MARSH MCLENNAN COS I 8,075 18,480
931142103 WAL MART STORES INC 34,039 76,075
94106L109 WASTE MGMT INC DEL C 4,892 10,291
09247X101 BLACKROCK INC    
58933Y105 MERCK AND CO INC 7,194 11,241
92939U106 WEC ENERGY GROUP INC 3,531 5,360
110122108 BRISTOL MYERS SQUIBB 13,069 13,292
023135106 AMAZON.COM INC 10,399 312,631
478160104 JOHNSON JOHNSON 32,186 58,282
22160K105 COSTCO WHOLESALE COR 2,539 41,232
46625H100 J P MORGAN CHASE CO 40,692 188,891
00287Y109 ABBVIE INC 22,801 72,324
907818108 UNION PACIFIC CORP 6,394 13,226
30040W108 EVERSOURCE ENERGY    
20030N101 COMCAST CORP CLASS A 18,931 19,553
02079K107 ALPHABET INC CL C    
701094104 PARKER HANNIFIN CORP 5,285 17,809
17275R102 CISCO SYSTEMS INC 48,175 75,894
512807108 LAM RESEARCH CORP    
438516106 HONEYWELL INTL INC 32,433 41,790
11135F101 BROADCOM INC 2,878 29,676
037833100 APPLE INC 6,502 525,882
053015103 AUTOMATIC DATA PROCE 9,023 15,515
G1151C101 ACCENTURE PLC IRELAN 11,954 17,941
911312106 UNITED PARCEL SERVIC 14,240 12,610
872540109 TJX COMPANIES INC 15,616 47,237
30231G102 EXXON MOBIL CORP 32,596 44,319
92343V104 VERIZON COMMUNICATIO 10,511 15,996
231021106 CUMMINS INC COM 2,692 5,926
882508104 TEXAS INSTRUMENTS IN 3,352 7,875
693475105 PNC FINANCIAL SVCS C 9,320 13,885
125896100 C M S ENERGY CORP 1,488 3,932
718172109 PHILIP MORRIS INTL    
H1467J104 CHUBB LIMITED COM 19,376 30,946
666807102 NORTHROP GRUMMAN COR 9,626 12,202
695156109 PACKAGING CORP AMERI 3,789 6,529
91324P102 UNITEDHEALTH GROUP I 82,233 90,549
65339F101 NEXTERA ENERGY INC 1,701 4,803
002824100 ABBOTT LABORATORIES 21,907 59,270
166764100 CHEVRON CORP COM 15,725 20,567
20825C104 CONOCOPHILLIPS 5,049 6,248
02079K305 ALPHABET INC CL A 25,183 378,600
742718109 PROCTER GAMBLE CO 14,344 22,465
594918104 MICROSOFT CORP 30,557 77,978
580135101 MCDONALDS CORP COM 13,043 17,683
437076102 HOME DEPOT INC 37,575 63,794
539830109 LOCKHEED MARTIN CORP 5,747 9,719
060505104 BANK OF AMERICA CORP 62,519 74,407
G5960L103 MEDTRONIC PLC 36,356 34,189
609207105 MONDELEZ INTL INC CL 11,333 11,588
482480100 KLA CORPORATION 1,213 8,192
023608102 AMEREN CORP 4,050 5,972
032654105 ANALOG DEVICES INC 10,722 16,997
26875P101 E O G RES INC 5,437 10,910
G29183103 EATON CORP PLC    
79466L302 SALESFORCE COM INC 17,900 45,135
G8994E103 TRANE TECHNOLOGIES P 2,958 12,189
053611109 AVERY DENNISON CORP 3,426 4,865
34959E109 FORTINET INC 12,931 56,688
38141G104 GOLDMAN SACHS GROUP 26,032 71,578
233331107 D T E ENERGY CO 1,970 3,140
053484101 AVALONBAY COMMUNITIE 5,483 5,279
75513E101 RTX CORPORATION 6,605 26,037
29364G103 ENTERGY CORPORATION 7,535 10,463
009066101 AIRBNB INC CL A    
67066G104 NVIDIA CORP 23,862 241,722
30063P105 EXACT SCIENCES CORPO 26,266 16,857
036752103 ELEVANCE HEALTH INC    
149123101 CATERPILLAR INC    
70450Y103 PAYPAL HOLDINGS INC    
15135B101 CENTENE CORP COM 31,580 28,776
693506107 P P G INDS INC 8,121 6,928
191216100 COCA COLA COMPANY 12,386 13,573
617446448 MORGAN STANLEY COM N 12,620 16,218
217204106 COPART INC COM 10,924 22,956
012653101 ALBEMARLE CORP 15,304 8,608
075887109 BECTON DICKINSON AND 5,409 4,991
595017104 MICROCHIP TECHNOLOGY    
949746101 WELLS FARGO CO NEW C 12,843 19,316
91913Y100 VALERO ENERGY CORP C 7,134 9,317
099502106 BOOZ ALLEN HAMILTON 3,001 4,247
09260D107 BLACKSTONE GROUP INC 2,367 5,517
00206R102 ATT INC 11,069 16,599
00724F101 ADOBE SYS INC 41,808 44,468
007903107 ADVANCED MICRO DEVIC 58,272 48,316
064058100 BANK OF NEW YORK MEL 9,377 14,137
13646K108 CANADIAN PACIFIC KAN 11,289 36,185
370334104 GENERAL MILLS INC 8,810 8,418
372460105 GENUINE PARTS COMPAN 5,626 4,087
452308109 ILLINOIS TOOL WORKSI 10,171 10,396
74340W103 PROLOGIS INC COM 5,168 4,545
74460D109 PUBLIC STORAGE INC 4,010 4,192
747525103 QUALCOMM INC COM 20,507 27,805
842587107 SOUTHERN CO THE 9,311 11,113
92826C839 VISA INC 9,019 12,326
G54950103 LINDE PLC SHS 8,361 12,141
031162100 AMGEN INC 27,070 26,064
09290D101 BLACKROCK INC COM 7,789 14,352
126408103 CSX CORP 5,450 5,325
254687106 WALT DISNEY CO 11,927 12,026
278642103 EBAY INC COM 4,956 5,761
512807306 LAM RESEARCH CORP 5,501 9,029
532457108 ELI LILLY CO 19,996 19,300
744573106 PUBLIC SVC ENTERPRIS 4,360 5,492
806857108 SCHLUMBERGER LTD COM 16,138 11,502
808513105 SCHWAB CHARLES CORP 21,792 22,203
855244109 STARBUCKS CORP COM 18,601 22,813
87612E106 TARGET CORP COM 23,578 20,277
90353T100 UBER TECHNOLOGIES IN 20,679 21,112
922475108 VEEVA SYSTEMS INC-CL 24,452 25,230
92537N108 VERTIV HOLDINGS CO 15,162 18,746

TY 2024 InvestmentsOtherSchedule2
Name:
DANIEL W ERDMAN FOUNDATION INC
EIN:
39-2012234
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
63873P817 LOOMIS SAYLES STRATE      
74440B884 PGIM TOTAL RETURN BO AT COST 200,000 179,148
46434VBD1 ISHARES IBONDS DEC 2      
131582439 CALVERT HIGH YIELD B AT COST 50,000 44,705
52469F721 WESTERN ASSET INCOME      
921910501 VANGUARD INTERNATION AT COST 25,000 15,301
06828M876 BARON EMERGING MARKE AT COST 75,232 102,072
922908652 VANGUARD EXTENDED MA AT COST 79,521 182,001
464287465 ISHARES MSCI EAFE ET AT COST 179,316 189,025
81369Y209 HEALTH CARE SELECT S      
464287457 ISHARES 1 3 YEAR TRE      
057071854 BAIRD AGGREGATE BOND AT COST 336,661 307,177
464287804 ISHARES CORE S P SMA AT COST 65,484 138,264
922908686 VANGUARD SMALL CAP I AT COST 41,631 93,255
46090E103 INVESCO QQQ TRUST ET AT COST 34,997 153,369
78467Y107 SPDR S P MIDCAP 400 AT COST 120,842 227,832
670678507 NUVEEN REAL ESTATE S      
922908769 VANGUARD TOTAL STOCK AT COST   144,905
412295107 HARDING LOEVNER INTE AT COST 55,000 69,992
258620103 DOUBLELINE TOTAL RET      
464287598 ISHARES RUSSELL 1000 AT COST 78,239 206,420
922908553 VANGUARD REAL ESTATE AT COST 49,523 49,885
101156602 BOSTON TRUST WALDEN AT COST 75,000 86,857
19765N518 COLUMBIA CORPORATE I      
464288638 ISHARES TRUST ISHARE AT COST 200,171 206,040
464288877 ISHARES MSCI EAFE VA AT COST 50,571 57,717
46435GAA0 ISHARES IBONDS DEC 2 AT COST 11,706 12,035
56064L298 NYLI CBRE GLOBAL INF AT COST 34,000 36,909
04314H568 ARTISAN HIGH INCOME AT COST 135,000 137,149
19766M873 COLUMBIA CORPORATE I AT COST 64,171 64,555
277923728 EATON VANCE GLOBAL M AT COST 115,000 114,455
46436E205 ISHARES IBONDS DEC 2 AT COST 50,046 49,864
46436E312 ISHARES IBONDS DEC 2 AT COST 40,115 40,188
46436E726 ISHARES IBONDS DEC 2 AT COST 50,030 49,812
56063J344 NYLI FLOATING RATE F AT COST 90,000 90,203
87245P668 NUVEEN INFLATION LIN AT COST 60,000 60,000

TY 2024 OtherAssetsSchedule
Name:
DANIEL W ERDMAN FOUNDATION INC
EIN:
39-2012234
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
000000000 MISCELLANEOUS ENTRY 3,373 5,294 5,294


TY 2024 OtherDecreasesSchedule
Name:
DANIEL W ERDMAN FOUNDATION INC
EIN:
39-2012234
Description Amount
PY RETURN OF CAPITAL ADJUSTMENT 893
CROWN CASTLE BASIS ADJUSTMENT 32
EXCESS FMV OF GIFT RECEIVED 176,257


TY 2024 OtherIncomeSchedule2
Name:
DANIEL W ERDMAN FOUNDATION INC
EIN:
39-2012234
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 242 242  
FEDERAL TAX REFUND 2,390 0  


TY 2024 OtherIncreasesSchedule
Name:
DANIEL W ERDMAN FOUNDATION INC
EIN:
39-2012234
Description Amount
ROUNDING 12


TY 2024 OtherProfessionalFeesSchedule
Name:
DANIEL W ERDMAN FOUNDATION INC
EIN:
39-2012234
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE 57,926 52,133   5,793


TY 2024 TaxesSchedule
Name:
DANIEL W ERDMAN FOUNDATION INC
EIN:
39-2012234
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,415 1,415   0
FOREIGN TAXES ON NONQUALIFIED 390 390   0