Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
Dupaco RW Hoefer Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address) 1000 Jackson St
  Room/suite
City or town
Dubuque
State or province
IA
Country  
ZIP or foreign postal code
52001
A Employer identification number

45-4145438
B Telephone number (see instructions)

5635577600
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$10,203,822J 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) 290,684
2 Check .................
3 Interest on savings and temporary cash investments 1,311 1,311  
4 Dividends and interest from securities... 231,321 231,321  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 419,328
b Gross sales price for all assets on line 6a 2,293,218
7 Capital gain net income (from Part IV, line 2)... 419,328
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 942,644 651,960  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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
11,781     11,781
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
54,597 19,210   26,400
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
11,787      
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
10,000      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 88,165 19,210   38,181
25 Contributions, gifts, grants paid....... 440,408 440,408
26 Total expenses and disbursements. Add lines 24 and 25 ................ 528,573 19,210   478,589
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 414,071
b Net investment income (if negative, enter -0-) 632,750
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 12,389 20,711 20,711
2 Savings and temporary cash investments......... 672 4,983 4,983
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 9,167 9,167 9,167
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,747,335 Click to see attachment
List of Attached Documents:
// Content
6,963,244 		6,963,244
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,395,781 Click to see attachment
List of Attached Documents:
// Content
3,205,717 		3,205,717
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,165,344 10,203,822 10,203,822
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 )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 9,165,344 10,203,822
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
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)..... 9,165,344 10,203,822
30 Total liabilities and net assets/fund balances (see instructions). 9,165,344 10,203,822
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
9,165,344
2
Enter amount from Part I, line 27a .....................
2
414,071
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
641,718
4
Add lines 1, 2, and 3 ..........................
4
10,221,133
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
17,311
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
10,203,822
Form 990-PF (2025)
Form 990-PF (2025)
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 Sales from 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 1,748,860   1,873,890 -125,030
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       -125,030
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 2 419,328
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 50,267
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 8,795
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  
3 Add lines 1 and 2........................... 3 8,795
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,795
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 6,892
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 6892 7 6,892
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 1,903
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
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)
IA
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 2025 or the taxable year beginning in 2025? 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 addressN/A
14
The books are in care ofDanielle Gratton Telephone no. (563) 557-7600

Located at1000 Jackson StDubuqueIA ZIP+452001
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........
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
Ellen Goodmann-MillerClick to see attachment
List of Attached Documents:
// Content
Director, Vice Chair
001.00 		0    
10583 Watters Forest Drive
Dubuque,IA52003
Andrew SchroederClick to see attachment
List of Attached Documents:
// Content
Director, Chair
001.00 		0    
445 S Grandview Ave
Dubuque,IA52003
Robert HoeferClick to see attachment
List of Attached Documents:
// Content
Director
001.00 		0    
3620 Seville Drive
Dubuque,IA52002
Joseph HearnClick to see attachment
List of Attached Documents:
// Content
Director, Secretary
001.00 		0    
2268 Clover Lane
Asbury,IA52002
Danielle GrattonClick to see attachment
List of Attached Documents:
// Content
Director, Treasurer
001.00 		0    
6431 Torrey Pines Drive
Dubuque,IA52002
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...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 None 0
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 None  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
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
9,656,773
b
Average of monthly cash balances.......................
1b
109,882
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
9,766,655
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
9,766,655
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
146,500
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,620,155
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
481,008
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
481,008
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
8,795
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
8,795
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
472,213
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
472,213
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
472,213
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, line 26, column (d) Click to see attachment
List of Attached Documents:
// Content
..........
1a
478,589
b
Program-related investments—total from Part VIII-B..................
1b
 
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
478,589
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 472,213
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022...... 26,757
d From 2023...... 17,813
e From 2024...... 149,417
f Total of lines 3a through e ........ 193,987
4Qualifying distributions for 2025 from Part
XI, line 4: $ 478,589
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 472,213
e Remaining amount distributed out of corpus 6,376
5 Excess distributions carryover applied to 2025.    
(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 5 200,363
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		200,363
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 .... 26,757
c Excess from 2023 .... 17,813
d Excess from 2024 .... 149,417
e Excess from 2025 .... 6,376
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
None
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
None
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here 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, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Dupaco R W Hoefer Foundation
PO Box 179
Dubuque,IA520040179
(563) 557-7600
Foundationdupaco.com
bThe form in which applications should be submitted and information and materials they should include:
Grant Application Form at https//www.dupaco.com/community/ways-we-give/
cAny submission deadlines:
N/A
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
The encouragement of education, promotion of charity, and to contribute to organizations or causes which enhance the quality of life.
Form 990-PF (2025)
Form 990-PF (2025)
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
Alex Forrest


1417 Lincoln Avenue
Dubuque,IA52001 		None   NEEDS BASED 1,000
Alexandria Trenkamp


165 W Pine St Apt B
Platteville,WI53818 		None   NEEDS BASED 500
Alyssa Bergantzel


600 Jefferson St
Scranton,IA51462 		None   NEEDS BASED 500
Anyeli Garcia Martinez


2080 King Ave Apt 1
Des Moines,IA50320 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Ashley Cook


14129 94th Ave W
Taylor Ridge,IL61284 		None   NEEDS BASED 500
Ashlynn Droessler


4192 Deer Path Ct
Hazel Green,WI53811 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Audrey Edwards


408 Clay St
Waterloo,IA50703 		None   NEEDS BASED 500
Aurelia Ellis


2281 White St
Dubuque,IA52001 		None   NEEDS BASED 200
Ava Binkley


203 East Madison St
Jefferson,IA50129 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Ava Hagerty


1046 332nd Ave
Dyersville,IA52040 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000

Bluff Strokes Art Center

1201 Locust Street
Dubuque,IA52001 		None   NEEDS BASED 5,000
Brenden Starr


1300 Garden Ave
Stoughton,WI53589 		None   NEEDS BASED 1,000
Brian Van Drasek


504 21st Street
West Des Moines,IA50265 		None   NEEDS BASED 4,000
Brittany Weidman


716 Beaver Street
New Hartford,IA50660 		None   NEEDS BASED 1,000
Brooke Dressler


139 North Main Street
Potosi,WI53820 		None   NEEDS BASED 1,000
Brooke Ferguson


2138 White Street
Dubuque,IA52001 		None   NEEDS BASED 1,000
Brynlee Droessler


4192 Deer Path Ct
Hazel Green,WI53811 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Cambrie Bahls


101 Rays Court
Manchester,IA52057 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000

Catherine McAuley Center

1220 5th Avenue
Cedar Rapids,IA52403 		None   NEEDS BASED 10,000

Catholic Charities of the Archdiocese of Dubuque

1229 Mount Loretta Ave
Dubuque,IA52003 		None   NEEDS BASED 5,000

Christian Community Development DBA House of Hope

845 W 4th St
Waterloo,IA50702 		None   NEEDS BASED 5,000
Christopher Burks


3732 Quail Pl Apt 3A
Waterloo,IA50701 		None   NEEDS BASED 500
Christopher Jacobsen


507 4th Ave SW
Independence,IA50644 		None   NEEDS BASED 200
Clayton Dolter


12847 Sterling Oaks Court
Dubuque,IA52001 		None   NEEDS BASED 1,000
Cody Cahoon


106 S Dacotah Street
Dodgeville,WI53533 		None   NEEDS BASED 1,000
Colson Splinter


3730 County Rd HHH
Kieler,WI53812 		None   NEEDS BASED 1,000

Common Wealth Development

1501 Williamson Street
Madison,WI53703 		None   NEEDS BASED 5,000

Community Foundation of Greater Dubuque

700 Locust Street Ste 195
Dubuque,IA52001 		None   NEEDS BASED 20,000

Community Solutions of Eastern Iowa (CSEI)

7600 Commerce Park
Dubuque,IA52002 		None   NEEDS BASED 5,000
Cooper Hummel


707 5th Ave SW
Cascade,IA52033 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Diana Brown


1724 Mount Village Dr
Waterloo,IA50703 		None   NEEDS BASED 350
Dilcia Aguilar Flores


105 S Walnut St
Jefferson,IA50129 		None   NEEDS BASED 1,000
Dillon Stuckenschneider


1302 Maplewood Dr NE
Cedar Rapids,IA52402 		None   NEEDS BASED 1,000

Dubuque Community YMCA Crisis Services Shelter

35 North Booth St
DUBUQUE,IA52001 		None   NEEDS BASED 5,000

Dubuque St Vincent de Paul

4990 Radford Ct
Dubuque,IA52002 		None   NEEDS BASED 5,000
Ellen Boleyn


4633 Sugar Pine Dr NE
Cedar Rapids,IA52402 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000

Emergency Assistance Foundation

700 S Dixie Highway Suite 107
West Palm Beach,FL33407 		None   NEEDS BASED 100,000
Emily Ginter


5 Maple Wood Ln Unit 307
Madison,WI53704 		None   NEEDS BASED 1,000
Faith Marr


3115 N Main St
Edmund,WI53535 		None   NEEDS BASED 1,000

Feed Iowa First

1506 10th St SE
Cedar Rapids,IA52401 		None   NEEDS BASED 20,000
Felecia Chacey


618 4th Ave SW
Oelwein,IA50662 		None   NEEDS BASED 500

Four Mounds Foundation-HEART Partnership

4900 Peru Road
Dubuque,IA52001 		None   NEEDS BASED 10,000

Four Oaks Family and Children's Services

5400 Kirkwood Blvd SW
Cedar Rapids,IA52404 		None   NEEDS BASED 10,000
Frehiwot Fissehaye


926 Oakridge Dr APT 206 39
Des Moines,IA50314 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000

Friends of St Mary's (dba Steeple Square)

101 East 15th Street
Dubuque,IA52001 		None   NEEDS BASED 5,000

Friends of the Family

1009 Peoples Sq
Waterloo,IA50702 		None   NEEDS BASED 5,000
Gabrielle Olberding


415 3rd Ave
Dedham,IA51440 		None   NEEDS BASED 1,000
Gage Tabag


1016 4th Ave SE
Dyersville,IA52040 		None   NEEDS BASED 1,000

Greater Des Moines Habitat for Humanity

PO BOX 716
Des Moines,IA50303 		None   NEEDS BASED 5,000
Griffin Davis


1339 220th Ave
Greeley,IA52050 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Hallie Brant


850 Log Town Rd
Mineral Point,WI53565 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000

Hills & Dales

1011 Davis Street
Dubuque,IA52001 		None   NEEDS BASED 10,000

Hope Community Development Association (Hope CDA)

842 14th St SE
Cedar Rapids,IA52403 		None   NEEDS BASED 10,000

Iowa Heartland Habitat for Humanity

803 W 5th Street
Waterloo,IA50702 		None   NEEDS BASED 10,000
Isabella Edminster


2940 Elm Street
Dubuque,IA52001 		None   NEEDS BASED 1,000
Isabella Rhomberg


504 6th Ave SW
Cascade,IA52033 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Jackson Vinson


2730 Washington Street
Dubuque,IA52001 		None   NEEDS BASED 1,000
Janina Polk


3610 Ravenwood Cir
Waterloo,IA50702 		None   NEEDS BASED 350
Jaxon Roling


1165 Oak St
Dubuque,IA52003 		None   NEEDS BASED 1,000
Jill Jahnke


768 Wilson St
Dubuque,IA52001 		None   NEEDS BASED 500
Jodie Bradbery


2696 Owen Ct Apt 4
Dubuque,IA52002 		None   NEEDS BASED 500
John Dotson


411 E Lena St
Lena,IL61048 		None   NEEDS BASED 350
Jordan Cantrell


1005 E 6th Street
Vinton,IA52349 		None   NEEDS BASED 1,000
Julia Oliver


220 Wilson Ave SW
Cedar Rapids,IA52404 		None   NEEDS BASED 500
Julie Dominiak


301 Park Ave
Galena,IL61036 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Justen Griffith


205 N Walnut St
Monticello,IA52310 		None   NEEDS BASED 500
Justine Edwards


1710 Williston Ave
Waterloo,IA50702 		None   NEEDS BASED 500
Kaia Hunter


220 1st Ave W
Dyersville,IA52040 		None   NEEDS BASED 1,000
Kaila Petitgout


19486 Ridge Dr
East Dubuque,IL61025 		None   NEEDS BASED 128
Katherine Atherley


2901 Washington St
Dubuque,IA52001 		None   NEEDS BASED 1,000
Kelly Houtakker


2983 Brunswick St
Dubuque,IA52001 		None   NEEDS BASED 500
Kelsie Davis


604 N Collins Circle
Mount Pleasant,IA52641 		None   NEEDS BASED 1,000
Kerry Robey


2677 Raven Oaks Dr Apt 2
Dubuque,IA52001 		None   NEEDS BASED 200
Kevin Krapfl Sr


614 N Franklin St
Manchester,IA52057 		None   NEEDS BASED 100

Key City Creative Center

1781 White Street
Dubuque,IA52001 		None   NEEDS BASED 5,000
Kyla Wiskus


100 S 4th St PO Box 211
Breda,IA51436 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Lauren Danner


328 S 4th Avenue
Templeton,IA51463 		None   NEEDS BASED 1,000
Levi Tranel


317 W Benton Street
Cuba City,WI53807 		None   NEEDS BASED 1,000

Lutheran Services in Iowa (LSI)

3125 Cottage Grove Ave
Des Moines,IA50311 		None   NEEDS BASED 5,000
Lynette Woodward


378 27th Ave SW Apt 104
Cedar Rapids,IA52404 		None   NEEDS BASED 200
Madison Knapp


105 South Street
Urbana,IA52345 		None   NEEDS BASED 1,000

Madison Northside Planning Council Inc

1219 N Sherman Avenue
Madison,WI53704 		None   NEEDS BASED 5,000
Mary Dunia


344 19th St NW
Cedar Rapids,IA52405 		None   NEEDS BASED 1,000
Mary Germer


319 Elm St Apt 2
Manning,IA51455 		None   NEEDS BASED 200
Mary O'Connell


24245 E Pleasant Grove Rd
Epworth,IA52045 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Michael Sims


210 S 41st St Unit 4203
West Des Moines,IA50265 		None   NEEDS BASED 350
Michaela Barnts


1655 Main St
Ely,IA52227 		None   NEEDS BASED 1,000
Mik Kalloway


2447 Asbury Rd
Dubuque,IA52001 		None   NEEDS BASED 1,000
Morgan Abben


207 E 2nd St
Anamosa,IA52205 		None   NEEDS BASED 350
Morgan Turner


392 15th Street SE
Cedar Rapids,IA52403 		None   NEEDS BASED 1,000

NewBo City Market

1100 Third St SE
Cedar Rapids,IA52404 		None   NEEDS BASED 5,000
Nick Klapatauskas


903 Kirkwood St
Dubuque,IA52001 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000

Oakridge Neighborhood Services

1401 Center Street
Des Moines,IA50314 		None   NEEDS BASED 5,000
Oliver Harris


804 W State St
Jefferson,IA50129 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Olivia Kathiker


1338 Chestnut Ave
Corning,IA50841 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000

ONE Cedar Valley

131 Tower Park Dr STE 309
Waterloo,IA50701 		None   NEEDS BASED 5,000

One City United

907 Independence Avenue
Waterloo,IA50703 		None   NEEDS BASED 10,000

Operation Empower

2216 White St
Dubuque,IA52001 		None   NEEDS BASED 5,000

Operation Fresh Start

2670 Milwaukee St
Madison,WI53704 		None   NEEDS BASED 5,000
Patricia Clayton


904 11th Street
Nevada,IA50201 		None   NEEDS BASED 1,000
Precious Coleman


1031 Maplewood Dr Apt 7
Cedar Falls,IA50613 		None   NEEDS BASED 400

Presentation Lantern Center

900 Jackson Street Suite LL5-1
Dubuque,IA52001 		None   NEEDS BASED 10,000

Project IOWA

4801 Franklin Avenue Room 106
Des Moines,IA50310 		None   NEEDS BASED 5,000
Randi Hartson


402 2nd Street
Victor,IA52347 		None   NEEDS BASED 1,000
Randi Kos


250 Lortz Dr
Marion,IA52302 		None   NEEDS BASED 500
Rebecca Menster


3425 Kimberly Drive
Dubuque,IA52002 		None   NEEDS BASED 1,000
Riley Brincks


106 Colorado Street
Glidden,IA51443 		None   NEEDS BASED 1,000
Robby Blackwell


1727 Hollywood Blvd NE
Cedar Rapids,IA52402 		None   NEEDS BASED 1,000
Roy Schaber


601 S West St
Galena,IL61036 		None   NEEDS BASED 200
Rylie Dunsmoor


1827 Plymouth Ave
Waterloo,IA50702 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Sabrina Walen


2951 Balke Street
Dubuque,IA52001 		None   NEEDS BASED 5,000
Saivontre Lunsford


1061 Riehl St
Waterloo,IA50703 		None   NEEDS BASED 1,000
Samuel Boleyn


435 9th Ave SW
Cedar Rapids,IA52404 		None   NEEDS BASED 1,000
Sara Bachman


339 N Polk St
Lancaster,WI53813 		None   NEEDS BASED 200
Sara Heisner


902 Cobb Street
Linden,WI53553 		None   NEEDS BASED 1,000
Sarah Ndagire


389 Clarke Drive
Dubuque,IA52001 		None   NEEDS BASED 1,000
Sarah Vidales


140 Bourland Ave
Waterloo,IA50702 		None   NEEDS BASED 350
Scott Davis


611 Garfield Ave
Dubuque,IA52001 		None   NEEDS BASED 1,000
Sejla Mehmedovic


2210 Green Creek Rd
Cedar Falls,IA50613 		None   COLLEGE/UNIVERSITY SCHOLARSHIP 1,000
Sharon Kartman


118 Park Ave Apt 5
Arlington,IA50606 		None   NEEDS BASED 200
Sharon Mai


174 Wisconsin Avenue
East Dubuque,IL61025 		None   NEEDS BASED 1,000

Southwest Wisconsin Technical College Foundation Inc

1800 Bronson Blvd
Fennimore,WI53809 		None   NEEDS BASED 10,000
Spencer Wagen


271 Lynda Dr NW
Cedar Rapids,IA52405 		None   NEEDS BASED 1,000
Spenser Smith


204 S Washington St
Edgewood,IA52042 		None   NEEDS BASED 1,000
Stacy Mess


2546 Windsor Avenue
Dubuque,IA52001 		None   NEEDS BASED 1,000
Stephanie Owens


548 10th Ave
Marion,IA52302 		None   NEEDS BASED 350
Tanner Tesmer


10920 E Meyer Rd
Stockton,IL61085 		None   NEEDS BASED 1,000
Taylor Cahalan


911 G Avenue NW
Cedar Rapids,IA52405 		None   NEEDS BASED 1,000
Terry and Anthony Ambrosy


7418 Olde Davenport Rd
Dubuque,IA52003 		None   NEEDS BASED 350

The Arc of East Central Iowa

680 2nd Street SE
Cedar Rapids,IA52401 		None   NEEDS BASED 5,000

The Dream Center

611 Southgate Avenue
Iowa City,IA52240 		None   NEEDS BASED 5,000

The Fountain of Youth Program

220 W 7th Street
Dubuque,IA52001 		None   NEEDS BASED 5,000

The Iowa Center

2210 Grand Ave
Des Moines,IA50312 		None   NEEDS BASED 5,000
Theodore Bart Jr


101 Market Street
Holland,IA50642 		None   NEEDS BASED 1,000
Trevor Bonham


956 Kingston Circle
Sun Prairie,WI53590 		None   NEEDS BASED 1,000
Trisha Abram


224 40th Street Dr SE Apt 1
Cedar Rapids,IA52403 		None   NEEDS BASED 500
Trisha Curran


219 N Main St
Monticello,IA52310 		None   NEEDS BASED 1,000
Tyler Leconte


10758 Route 52 S
Dubuque,IA52003 		None   NEEDS BASED 1,000

United Way of Dane County

2059 Atwood Avenue
Madison,WI53704 		None   NEEDS BASED 5,000
Will Powers


360 Valeria Street
Dubuque,IA52001 		None   NEEDS BASED 1,000
Zarabeth Montgomery


2065 Pasadena Dr Apt 1
Dubuque,IA52001 		None   NEEDS BASED 380
Total ................................. 3a 440,408
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
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 1,311  
4 Dividends and interest from securities ....     14 231,321  
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 ............ 		    18 419,328  
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) ..   651,960  
13Total. Add line 12, columns (b), (d), and (e)..................
13
651,960
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID: 25022248
Software Version: 25.0.1.0
Part V Line 7 - Tax Paid with the Original Return: 6,892


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

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
Dupaco RW Hoefer Foundation
 
Employer identification number

45-4145438
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 ......... $  
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. 2025) Page 2
Name of organization
Dupaco RW Hoefer Foundation
  		Employer identification number
45-4145438
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
Dupaco Community Credit Union
1000 Jackson St
 
Dubuque, IA52001

$ 233,000


(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.)
(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
Dupaco RW Hoefer Foundation
  		Employer identification number

45-4145438
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
Dupaco RW Hoefer Foundation
  		Employer identification number

45-4145438
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: 25022248
Software Version: 25.0.1.0

TY 2025 InvestmentsCorpStockSchedule
Name:
Dupaco RW Hoefer Foundation
EIN:
45-4145438
Software ID:
25022248
Software Version:
25.0.1.0
Name of Stock End of Year Book Value End of Year Fair Market Value
46247 shares of ARTISAN INTERNATIONAL ADV APDIX 1,371,234 1,371,234
17976 shares of JP MORGAN VALUE ADVANTAGE INS JVAIX 657,552 657,552
893 shares of VANGUARD INDEX TR SP 500 ADM CL VFIAX 564,368 564,368
500 shares of BECTON DICKINSON CO COM 97,035 97,035
901 shares of CATERPILLAR INC DEL COM 516,156 516,156
671 shares of DEERE CO COM 312,397 312,397
4665 shares of HORMEL FOODS CORP COM 110,561 110,561
1000 shares of ILLINOIS TOOL WKS INC COM 246,300 246,300
30241 shares of AMERICAN CENTURY MID CAP VALUE Y 447,862 447,862
6967 shares of T ROWE PRICE GROWTH ST 754,134 754,134
13029 shares of FIDELITY ADV INTL SM CAP Z FIQIX 482,208 482,208
3723 shares of VANGUARD EXPLORER FUND VEXRX 397,171 397,171
9184 shares of FEDERATED HERMES MDT MID CAP GROWTH FUND FGSIX 597,980 597,980
6079 shares of NOMURA SMALL CAP VALUE FD CL R6 DVZRX 408,286 408,286

TY 2025 InvestmentsOtherSchedule2
Name:
Dupaco RW Hoefer Foundation
EIN:
45-4145438
Software ID:
25022248
Software Version:
25.0.1.0
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GOLDMAN SACHS FINANCIAL SQUARE FMV 310,238 310,238
FRANKLIN CORE PLUS BOND FUND FKSAX FMV 277,584 277,584
VANGUARD FIXED INCOME GNMA ADM CL VFIJX FMV 24,834 24,834
FAIRFIELD OH CITY SCH DIST FMV 98,375 98,375
GUGGENHEIM FDS TR TTL RET GIBIX FMV 1,074,184 1,074,184
CHIPPEWA VALLEY MI FMV 48,277 48,277
PERFORMANCE TRUST TOTAL RETURN BOND FUND FMV 1,074,189 1,074,189
PIMCO MODERATE DURATION FUND PMDRX FMV 185,188 185,188
FROST TX INDEP SCH DIST 5 DUE 2/15/2037 FMV 112,848 112,848

TY 2025 LegalFeesSchedule
Name:
Dupaco RW Hoefer Foundation
EIN:
45-4145438
Software ID:
25022248
Software Version:
25.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 11,781     11,781


TY 2025 OtherDecreasesSchedule
Name:
Dupaco RW Hoefer Foundation
EIN:
45-4145438
Software ID:
25022248
Software Version:
25.0.1.0
Description Amount
Book/Tax stock basis 17,311


TY 2025 OtherExpensesSchedule
Name:
Dupaco RW Hoefer Foundation
EIN:
45-4145438
Software ID:
25022248
Software Version:
25.0.1.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Software Expense 10,000      


TY 2025 OtherIncreasesSchedule
Name:
Dupaco RW Hoefer Foundation
EIN:
45-4145438
Software ID:
25022248
Software Version:
25.0.1.0
Description Amount
Unrealized Gain 641,718


TY 2025 OtherProfessionalFeesSchedule
Name:
Dupaco RW Hoefer Foundation
EIN:
45-4145438
Software ID:
25022248
Software Version:
25.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Fees 19,210 19,210    
Personal Service Fees 26,400     26,400
Dues 487      
Review Fees 8,500      


TY 2025 TaxesSchedule
Name:
Dupaco RW Hoefer Foundation
EIN:
45-4145438
Software ID:
25022248
Software Version:
25.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise tax paid on net investment income 11,787