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
TED AND GRACE BACHHUBER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 228
 
Room/suite
City or town
MAYVILLE
State or province
WI
Country  
ZIP or foreign postal code
530500228
A Employer identification number

39-1415821
B Telephone number (see instructions)

9209795543
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)$54,364,977
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments 479,365 479,365  
4 Dividends and interest from securities... 822,736 799,649 0
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,668,467
b Gross sales price for all assets on line 6a 11,333,728
7 Capital gain net income (from Part IV, line 2)... 2,668,467
8 Net short-term capital gain.........  
9 Income modifications........... 0
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0 0
11 Other income (attach schedule)....... 0 0 0
12 Total. Add lines 1 through 11........ 3,970,568 3,947,481 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 216,417 56,354 0 160,063
14 Other employee salaries and wages...... 0 0 0 0
15 Pension plans, employee benefits....... 31,719 7,930 0 23,789
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... 0 0 0 0
c Other professional fees (attach schedule).... 65,757 63,662 0 2,095
17 Interest............... 0 0 0 0
18 Taxes (attach schedule) (see instructions)... 57,441 1,388 0 35
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy.............. 0 0 0 0
21 Travel, conferences, and meetings....... 0 0 0 0
22 Printing and publications.......... 0 0 0 0
23 Other expenses (attach schedule)....... 11,129 1,443 0 9,686
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 382,463 130,777 0 195,668
25 Contributions, gifts, grants paid....... 1,561,991 1,561,991
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,944,454 130,777 0 1,757,659
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,026,114
b Net investment income (if negative, enter -0-) 3,816,704
c Adjusted net income (if negative, enter -0-)... 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............. 1,501 4,864 4,864
2 Savings and temporary cash investments......... 10,930,658 12,718,901 12,722,401
3 Accounts receivable 300
Less: allowance for doubtful accounts 0 0 300 300
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)..... 0 0  
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts   0 0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,245,629 Click to see attachment
List of Attached Documents:
// Content
1,245,629
1,107,388
b Investments—corporate stock (attach schedule)....... 7,840,690 Click to see attachment
List of Attached Documents:
// Content
7,604,475
37,626,427
c Investments—corporate bonds (attach schedule)....... 2,608,597 Click to see attachment
List of Attached Documents:
// Content
3,079,661
2,903,597
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)     0  
15 Other assets (describe ) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,627,075 24,653,830 54,364,977
Liabilities 17 Accounts payable and accrued expenses.......... 0 0
18 Grants payable................. 0 0
19 Deferred revenue................. 0 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe ) Click to see attachment
List of Attached Documents:
// Content
0
Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 0 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........... 22,627,075 24,653,830
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)..... 22,627,075 24,653,830
30 Total liabilities and net assets/fund balances (see instructions). 22,627,075 24,653,830
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
22,627,075
2
Enter amount from Part I, line 27a .....................
2
2,026,114
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
19,409
4
Add lines 1, 2, and 3 ..........................
4
24,672,598
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
18,768
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
24,653,830
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 Public 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 11,333,728 0 8,665,261 2,668,467
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       2,668,467
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 2,668,467
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 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 53,052
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 53,052
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 53,052
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 70,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 70,000
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 16,948
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax16,948 Refunded 11 0
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment
List of Attached Documents:
// Content
....
3
Yes
 
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)
WI
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 ofBRETT HELMBRECHT Telephone no. (920) 745-8806

Located atPO BOX 228MAYVILLEWI ZIP+4530500228
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)
 
No
(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)
 
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 .........
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
MARCIA KRIESERClick to see attachment
List of Attached Documents:
// Content
PRESIDENT EXECUTIVE DIRECTOR
20.00
66,667 6,167 0
PO BOX 228
MAYVILLE,WI53050
JOANN BACHHUBERClick to see attachment
List of Attached Documents:
// Content
VICE PRESIDENT DIRECTOR
8.00
53,333 5,833 0
PO BOX 228
MAYVILLE,WI53050
BRETT HELMBRECHTClick to see attachment
List of Attached Documents:
// Content
TREASURER DIRECTOR
16.00
60,417 5,917 0
PO BOX 228
MAYVILLE,WI53050
JOHN ST PETERClick to see attachment
List of Attached Documents:
// Content
SECRETARY DIRECTOR
2.00
7,500 0 0
PO BOX 228
MAYVILLE,WI53050
LEO FISHERClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
2.00
9,000 0 0
PO BOX 228
MAYVILLE,WI53050
GLEN HELMBRECHTClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
2.00
7,500 0 0
PO BOX 228
MAYVILLE,WI53050
CARL BACHHUBERClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
2.00
6,000 0 0
PO BOX 228
MAYVILLE,WI53050
GEORGE OLSONClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
2.00
6,000 0 0
PO BOX 228
MAYVILLE,WI53050
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
Sterling Capital Management Inc Investment Advisory 62,500
17160 W North Ave Suite 200
Brookfield,WI53005
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 NONE  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
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
42,455,988
b
Average of monthly cash balances.......................
1b
9,112,027
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
51,568,015
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) Click to see attachment
List of Attached Documents:
// Content
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
51,568,015
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
773,520
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
50,794,495
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
2,539,725
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
2,539,725
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
53,052
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
0
c
Add lines 2a and 2b............................
2c
53,052
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,486,673
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,486,673
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
2,486,673
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) ..........
1a
1,757,659
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) Click to see attachment
List of Attached Documents:
// Content
.................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,757,659
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 2,486,673
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
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......  
d From 2023...... 2,033,153
e From 2024...... 314,599
f Total of lines 3a through e ........ 2,347,752
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,757,659
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..... 1,757,659
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025. 729,014 729,014
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,618,738
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......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
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 ......
1,618,738
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 .... 1,304,139
d Excess from 2024 .... 314,599
e Excess from 2025 ....  
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:
TED AND GRACE BACHHUBER FOUNDATION
PO BOX 228
MAYVILLE,WI53050
(920) 979-5543
bThe form in which applications should be submitted and information and materials they should include:
THE TED AND GRACE BACHHUBER FOUNDATION DOES NOT HAVE A FORM TO BE FILLED OUT BY A GRANT APPLICANT. ANY REQUETS FOR GRANTS SHOULD BE MADE IN WRITING SPECIFYING THE PURPOSE OF THE GRANT IN PARTICULAR DETAIL. THIS WRITTEN REQUEST SHOULD INCLUDE: 1. A NARRATIVE PROPOSAL DESCRIBING: THE PLAN OR DESIGN FOR THE PROGRAM INCLUDING ACTIVITIES TO BE CARRIED OUT AND OBJECTIVES TO BE ACHIEVED; AND THE PLAN FOR CONTINUING THE PROJECT AFTER THE TERMINATION OF FOUNDATION SUPPORT 2. AN ITEMIZED BUDGET SHOWING: TOTAL PROJECT COST AND THE AMOUNT REQUESTED FROM THE FOUNDATION; AND SOURCES AMOUNTS AND NATURE OF RESOURCES CONTRIBUTED BY THE APPLICANT AND OTHER SUPPORTERS OF THE PROJECT 3. A LIST OF ANY OTHER GRANT-MAKING AGENCIES TO WHICH THE APPLICATION FOR SUPPORT HAS BEEN MADE 4. A COPY OF THE RULING GRANTING FEDERAL TAX EXEMPTION UNDER 501C3 OF THE INTERNAL REVENUE CODE. ORGANIZATIONS MUST BE CLASSIFIED 509A1 OR 509A2 5. A LIST OF THE MEMBERS OF THE GOVERNING BOARD.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE TED AND GRACE BACHHUBER FOUNDATION SEEKS TO SUPPORT PROGRAMS AND ORGANIZATIONS THAT IMPROVE THE QUALITY OF LIFE IN THE MAYVILLE AREA. GRANTS MADE BY THE FOUNDATION REFLECT THE BOARDS INTENTION TO ASSIST THE MAYVILLE AREA THROUGH THE FINANCIAL PROMOTION OF EDUCATIONAL CHARITABLE AND OTHER WORTHWHILE AND VIABLE PROJECTS. THESE PROJECTS MUST OFFER OPPORTUNITIES FOR ENRICHED LIFE TO A SUBSTANTIAL NUMBER OF PEOPLE OR PROVIDE MEMBERS OF THE COMMUNITY WITH SKILLS KNOWLEDGE AND ASSISTANCE TO ACCOMPLISH POSITIVE SOCIAL GOALS. GRANTS WILL BE MADE ONLY TO ORGANIZATIONS OR TO CAUSES WHOSE OBJECTIVES ARE CLEARLY DEFINED. GRANTS WILL NOT BE MADE TO POLITICAL ORGANIZATIONS OR FOR POLITICAL PURPOSES. GRANTS WILL NOT BE MADE TO INDIVIDUALS.
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

CHRISTIAN LIFE FELLOWSHIP

113 N CLARK STREET
MAYVILLE,WI53050
No Relationship   Support for Mayville food pantry. 20,000

CITY OF MAYVILLE

15 S SCHOOL STREET
MAYVILLE,WI53050
No Relationship   Support for community Rock & Boom festival. 1,000

CITY OF MAYVILLE

15 S SCHOOL STREET
MAYVILLE,WI53050
No Relationship   Support for community TAG Center - membership subsidies. 51,369

CITY OF MAYVILLE

15 S SCHOOL STREET
MAYVILLE,WI53050
No Relationship   Support for community TAG Center - Infrastructure & Equipment 138,935

EAA AVIATION FOUNDATION INC

3000 POBEREZNY ROAD
OSHKOSH,WI54902
No Relationship   Promote aviation education. 25,000

MAIN STREET MAYVILLE INC

10 S MAIN STREET
MAYVILLE,WI53050
No Relationship   Promote economic growth and development. 20,000

MAYVILLE HISTORICAL SOCIETY INC

PO BOX 82
MAYVILLE,WI53050
No Relationship   Support historical building maintenance. 15,000

MAYVILLE LIMESTONE SCHOOL MUSEUM INC

PO BOX 102
MAYVILLE,WI53050
No Relationship   Support historical building maintenance. 15,000

MAYVILLE PUBLIC SCHOOLS

259 OAK STREET
MAYVILLE,WI53050
No Relationship   Provide scholarships. 469,000

MORAINE PARK FOUNDATION INC

235 N NATIONAL AVENUE
FOND DU LAC,WI54936
No Relationship   Provide scholarships. 25,500

ST JOHNS CHURCH

450 BRIDGE STREET
MAYVILLE,WI53050
No Relationship   Provide financial assistance for Investing in Children Building Project 500,000

ST JOHNS CHURCH

450 BRIDGE STREET
MAYVILLE,WI53050
No Relationship   Provide financial assistance. 25,000

ST JOHNS SCHOOL

520 BRIDGE STREET
MAYVILLE,WI53050
No Relationship   Provide financial assistance for technology maintenance equipment curriculum and scholarships. 120,000

ST MARY CHURCH

PO BOX 22
MAYVILLE,WI53050
No Relationship   Provide financial assistance. 25,000

ST MARY SCHOOL

28 NABER STREET
MAYVILLE,WI53050
No Relationship   Provide financial assistance for technology maintenance equipment curriculum and scholarships. 55,000

TED & GRACE BACHHUBER MEMORIAL LIBRARY

234 N JOHN STREET
MAYVILLE,WI53050
No Relationship   Support the purchase of additional library materials. 30,000

VETERANS MEMORIAL OF MAYVILLE INC

PO BOX 263
MAYVILLE,WI53050
No Relationship   Honor members of the military by having their names engraved on a memorial. 1,337

WINGS OVER WISCONSIN INC

8 S MAIN STREET
MAYVILLE,WI53050
No Relationship   Provide financial assistance for fish pond project. 24,850
Total ................................. 3a 1,561,991
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     0   0 0
b     0   0 0
c     0   0 0
d     0   0 0
e     0   0 0
f     0   0 0
    0   0 0
gFees and contracts from government agencies          
2 Membership dues and assessments ....   0   0 0
3 Interest on savings and temporary cash
investments ...........
  0 14 479,365 0
4 Dividends and interest from securities ....   0 14 799,649 23,087
5 Net rental income or (loss) from real estate:
aDebt-financed property......   0   0 0
bNot debt-financed property.....   0   0 0
6 Net rental income or (loss) from personal property   0   0 0
7 Other investment income .....   0   0 0
8 Gain or (loss) from sales of assets other than
inventory ............
  0 18 2,668,467 0
9 Net income or (loss) from special events:   0   0 0
10 Gross profit or (loss) from sales of inventory   0   0 0
11 Other revenue:
a  
  0   0 0
b     0   0 0
c     0   0 0
d     0   0 0
e     0   0 0
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,947,481 23,087
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,970,568
(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.)
4 INTEREST ON STATE AND LOCAL BONDS EXCLUDED FROM GROSS INCOME BY SECTION 103.
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: 25022704
Software Version: V2.0


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 InvestmentsCorpBondsSchedule
Name:
TED AND GRACE BACHHUBER FOUNDATION INC
EIN:
39-1415821
Software ID:
25022704
Software Version:
V2.0
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 98,976 94,446
BANK OF MONTREAL 235,000 235,000
BARCLAYS BANK 449,965 443,928
JPMORGAN 200,000 194,866
LACLEDE GAS CO 198,503 212,848
MERRILL LYNCH & CO. 100,004 105,462
MICROSOFT CORP 234,064 232,162
NATIONAL BANK OF CANADA 237,000 237,206
ROYAL BANK CANADA 100,000 96,352
VANG SCOTTSDALE FUND 290,020 274,927
VANG TOTAL CORPORATE BOND 936,129 776,400

TY 2025 InvestmentsCorpStockSchedule
Name:
TED AND GRACE BACHHUBER FOUNDATION INC
EIN:
39-1415821
Software ID:
25022704
Software Version:
V2.0
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC 58,083 114,245
ADVANCED MICRO DEVICES 68,703 214,160
AFLAC INC 0 0
AGILENT TECHNOLOGIES 83,207 472,163
AIR PRODUCTS AND CHEMICALS INC 53,924 49,404
ALLIANT ENERGY CORP 307,421 1,384,713
ALLSTATE CORP 160,948 1,061,565
ALPHABET 52,044 313,799
AMAZON.COM INC. 100,158 155,804
AMCOR PLC 27,353 42,534
AMERICAN ELECTRIC POWER 43,358 57,655
AMERICAN WATER WORKS COMPANY INC 26,363 26,100
AMGEN INC 123,937 163,655
APPLE INC 58,523 543,720
ASHLAND GLOBAL HOLDINGS INC 63,250 221,890
AT&T INC COM 146,409 248,400
BAXTER INTL INC 74,589 111,832
BK OF AMERICA CORP 89,778 110,000
BK MONTREAL QUEBEC 119,731 261,008
BOEING CO 221,185 946,860
BORG WARNER AUTOMOTIVE INC 0 0
BP AMOCO PLC 98,801 108,635
BRISTOL MYERS SQB 151,888 262,796
CAPITAL ONE FINANCIAL CORPORATION 11,283 432,128
CARRIER GLOBAL CORP 47,271 124,650
CATERPILLAR INC 70,299 2,056,603
CHEMOURS CO 0 0
CHEVRON TEXACO CORP 239,168 1,147,647
COCA COLA CO 19,093 34,955
CONSOLIDATED EDISON INC 39,189 49,660
CORTEVA INC 47,888 177,361
CROWDSTRIKE HOLDINGS INC 50,905 187,504
DEERE & CO 53,400 1,163,925
DISCOVER FINANCIAL SERVICES 0 0
DOW INC 0 0
DUPONT DE NEMOURS INC 66,845 106,369
DUKE ENERGY CORPORATION 50,839 58,605
EATON CORPORATION PLC 72,159 159,255
ELI LILLY AND COMPANY 99,657 179,472
EMERSON ELECTRIC CO 114,965 265,440
EXXON MOBIL CORP 119,240 601,700
FIRST CITIZENS BANCSHARES INC 78,069 334,804
HARTFRD FINL SVCS 148,687 551,476
HONEYWELL INTERNATL 119,544 720,467
INTEL 44,312 184,500
INTERNATIONAL BUSINESS MACHINES 225,644 1,925,365
JOHNSON & JOHNSON 52,582 206,950
JOHNSON CONTROLS INTL 392,934 1,029,850
KEYSIGHT TECHNOLOGIES 23,707 352,535
KIMBERLY CLARK CORP 108,687 219,940
KYNDRYL HOLDINGS INC. 12,124 42,496
LOCKHEED MARTIN CORP 99,571 107,375
MARATHON PETROLEUM CORP 80,525 811,524
MASTERCARD 50,760 142,720
MERCK & CO INC 246,854 631,560
MICROSOFT CORP 45,191 1,777,303
MORGAN S DEAN WITTER DSC 55,067 621,355
NEXTERA ENERGY INC 49,201 64,224
NVIDIA CORP 113,395 1,587,115
ORACLE CORPORATION 100,152 91,608
ORGANON & CO 0 0
OTIS WORLDWIDE CORP 66,094 102,986
PARKER HANNIFIN 105,816 2,140,268
PEPSICO INC 74,046 71,760
PINNACLE WEST CAPITAL CORP 43,185 44,350
PROCTOR & GAMBLE 38,623 71,655
QNITY ELECTRONICS INC. 95,771 108,023
RAYTHEON TECHNOLOGIES CORP 139,538 432,641
ROCKWELL AUTOMATION 57,646 1,125,969
SHOPIFY INC 101,473 160,970
SOLSTICE ADVANCED MATERIALS 7,196 44,839
T ROWE PRICE - CAP APPR 58,959 104,660
TEXAS INSTRS INC 52,497 929,906
TJX COS INC 9,972 1,170,508
TRADE DESK INC 64,358 37,960
TRAVELERS CO INC 37,017 410,145
UNION PACIFIC CORP 116,106 462,640
VALVOLINE 69,178 315,272
VANGUARD - 500 PORTFOLIO 175,000 1,546,296
VANGUARD - GLOBAL EQUITY 50,000 82,600
VANGUARD - HEALTHCARE 250,000 413,709
VANGUARD - MIDCAP GROWTH 250,000 418,632
VERIZON COMMUNICATION 289,567 369,136
VISA INC 48,782 122,748
WALMART INC 53,850 1,348,284
WEC ENERGY GROUP INC 63,438 527,300
ZIMMER BIOMET HOLDINGS 7,503 43,791

TY 2025 InvestmentsGovtObligationsSch
Name:
TED AND GRACE BACHHUBER FOUNDATION INC
EIN:
39-1415821
Software ID:
25022704
Software Version:
V2.0
US Government Securities - End of Year Book Value:

1,245,629
US Government Securities - End of Year Fair Market Value:

1,107,388
State & Local Government Securities - End of Year Book Value:


1,245,629
State & Local Government Securities - End of Year Fair Market Value:


1,107,388


TY 2025 OtherDecreasesSchedule
Name:
TED AND GRACE BACHHUBER FOUNDATION INC
EIN:
39-1415821
Software ID:
25022704
Software Version:
V2.0
Description Amount
Taxable Dividends Declared in 2025 Received in 2026 Reported in Income on 2025 990-PF 18,768


TY 2025 OtherExpensesSchedule
Name:
TED AND GRACE BACHHUBER FOUNDATION INC
EIN:
39-1415821
Software ID:
25022704
Software Version:
V2.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Other Expenses 11,129 1,443 0 9,686


TY 2025 OtherIncreasesSchedule
Name:
TED AND GRACE BACHHUBER FOUNDATION INC
EIN:
39-1415821
Software ID:
25022704
Software Version:
V2.0
Description Amount
Previously Taxed Dividends Declared in 2024 Received in 2025 Reported in Income on 2024 990-PF 19,409


TY 2025 OtherProfessionalFeesSchedule
Name:
TED AND GRACE BACHHUBER FOUNDATION INC
EIN:
39-1415821
Software ID:
25022704
Software Version:
V2.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Other Professional Fees 65,757 63,662 0 2,095


TY 2025 TaxesSchedule
Name:
TED AND GRACE BACHHUBER FOUNDATION INC
EIN:
39-1415821
Software ID:
25022704
Software Version:
V2.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Tax 1,388 1,388 0 0
990-PF Excise Tax 56,018 0 0 0
WI Business Registration Tax 35 0 0 35