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
MICHAEL W LOUIS CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 410 HUNT CLUB WAY
  Room/suite
City or town
LAKE GENEVA
State or province
WI
Country  
ZIP or foreign postal code
53147
A Employer identification number

81-3640917
B Telephone number (see instructions)

2623843700
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)$15,105,801J 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 3,053 3,053  
4 Dividends and interest from securities... 855,602 675,985  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 217,479
b Gross sales price for all assets on line 6a 2,315,339
7 Capital gain net income (from Part IV, line 2)... 217,479
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........ 1,076,134 896,517  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
11,439 11,439   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
67,265 67,265   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
65,631 3,565   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
33,272 33,272   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 177,607 115,541   0
25 Contributions, gifts, grants paid....... 634,300 634,300
26 Total expenses and disbursements. Add lines 24 and 25 ................ 811,907 115,541   634,300
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 264,227
b Net investment income (if negative, enter -0-) 780,976
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............. 202,407 190,642 190,642
2 Savings and temporary cash investments.........      
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,175,603 Click to see attachment
List of Attached Documents:
// Content
2,263,759 		4,351,937
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).......... 5,158,910 Click to see attachment
List of Attached Documents:
// Content
5,347,210 		10,563,222
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) 7,536,920 7,801,611 15,105,801
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 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...........    
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........ 5,952,332 5,952,332
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,584,588 1,849,279
29 Total net assets or fund balances (see instructions)..... 7,536,920 7,801,611
30 Total liabilities and net assets/fund balances (see instructions). 7,536,920 7,801,611
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
7,536,920
2
Enter amount from Part I, line 27a .....................
2
264,227
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
5,958
4
Add lines 1, 2, and 3 ..........................
4
7,807,105
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
5,494
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
7,801,611
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 MICHAEL W. LOUIS CO SHORT TERM     2025-12-31
b MWL HOLDINGS LP SHORT TERM     2025-12-31
c MICHAEL W. LOUIS CO LONG TERM     2025-12-31
d MWL HOLDINGS LP LONG TERM     2025-12-31
e PUBLICLY TRADED SECURITIES #186     2025-12-31
PUBLICLY TRADED SECURITIES #258     2025-12-31
PUBLICLY TRADED SECURITIES #623     2025-12-31
PUBLICLY TRADED SECURITIES #369     2025-12-31
CAPITAL GAINS DIVIDENDS P    
(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     1
b 1     1
c     188 -188
d     556 -556
e 1,054,462   913,467 141,460
508,695   486,450 27,625
674,011   674,456 -445
33,930   28,588 5,342
44,239     44,239
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1
b       1
c       -188
d       -556
e       141,460
      27,625
      -445
      5,342
      44,239
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 2 217,479
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 10,856
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 10,856
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,856
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 29,999
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 29,999
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 19,143
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax19,143 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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
 
No
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)
DE
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 ofEOIN M DEMPSEY Telephone no. (262) 384-3700

Located atBELL ANDERSON LLC 410 HUNT CLUB WAYLAKE GENEVAWI ZIP+453147
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)
 
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
KIMBERLY C LOUIS STEWART PRESIDENT
0.00 		0 0 0
C/O 410 HUNT CLUB WAY
LAKE GENEVA,WI53147
TRACY L MERRILL VICE PRESIDENT
0.00 		0 0 0
C/O 410 HUNT CLUB WAY
LAKE GENEVA,WI53147
JOHN JEFFRY LOUIS VICE PRESIDENT
0.00 		0 0 0
C/O 410 HUNT CLUB WAY
LAKE GENEVA,WI53147
EOIN M DEMPSEY TREASURER/SECRETARY
0.00 		0 0 0
C/O 410 HUNT CLUB WAY
LAKE GENEVA,WI53147
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................... 0
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 arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................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
14,491,269
b
Average of monthly cash balances.......................
1b
137,896
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
14,629,165
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
14,629,165
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
219,437
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,409,728
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
720,486
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
720,486
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
10,856
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
29,685
c
Add lines 2a and 2b............................
2c
40,541
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
679,945
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
679,945
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
679,945
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
634,300
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
634,300
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 7 679,945
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 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 117,267
b From 2021...... 3,333
c From 2022...... 30,221
d From 2023......  
e From 2024...... 87,933
f Total of lines 3a through e ........ 238,754
4Qualifying distributions for 2025 from Part
XI, line 4: $ 634,300
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 634,300
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 45,645 45,645
(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 5 193,109
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 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) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		71,622
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		121,487
10 Analysis of line 9:
a Excess from 2021 .... 3,333
b Excess from 2022 .... 30,221
c Excess from 2023 ....  
d Excess from 2024 .... 87,933
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here 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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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

HALF MOON FOUNDATION

410 HUNT CLUB WAY
LAKE GENEVA,WI53147 		    GENERAL CONTRIBUTION 175,000

J JEFFRY & ELIZABETH S LOUIS FOUNDATION INC

410 HUNT CLUB WAY
LAKE GENEVA,WI53147 		    GENERAL CONTRIBUTION 175,000

LAKE OWEN ASSOCIATION INC

PO BOX 132
CABLE,WI54821 		    GENERAL CONTRIBUTION 9,300

LOUIS STEWART FOUNDATION

410 HUNT CLUB WAY
LAKE GENEVA,WI53147 		    GENERAL CONTRIBUTION 175,000

NATIONAL LOUIS UNIVERSITY

122 S MICHIGAN AVENUE
CHICAGO,IL60603 		    GENERAL CONTRIBUTION 100,000
Total ................................. 3a 634,300
bApproved for future payment
Total ................................. 3b 0
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 3,053  
4 Dividends and interest from securities ....     14 855,602  
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 ............ 		    18 217,479  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,076,134 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,076,134
(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:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 GeneralExplanationAttachment
Name:
MICHAEL W LOUIS CHARITABLE FOUNDATION
EIN:
81-3640917
Identifier Return Reference Explanation
  FORM 990PF, PART XV, LINE 3(A)- EXPENDITURE RESPONSIBILITY GRANTS INFORMATION REQUIRED BY REGULATIONS TREAS. REG. SECTION 53,4945-5(D)THE MICHAEL W. LOUIS CHARITABLE FOUNDATION MADE GRANTS TO CERTAIN ORGANIZATIONS SUBJECT TO "EXPENDITURE RESPONSIBILITY". BELOW IS THE INFORMATION REQUIRED BY TREASURY REGULATION 53.4945-5(D) WITH RESPECT TO THESE 'EXPENDITURE RESPONSIBILITY" GRANTS:1. IN THE FISCAL YEAR 2025 THE MICHAEL W. LOUIS CHARITABLE FOUNDATION MADE A GRANT OF $175,000.00 TO THE HALF MOON FOUNDATION. ALL GRANT FUNDS HAVE BEEN EXPENDED. A. NAME AND ADDRESS: HALF MOON FOUNDATION 410 HUNT CLUB WAY LAKE GENEVA, WI 53147 B. DATE & AMOUNT OF GRANT: 2025; $175,000.00 C. PURPOSE OF GRANT: GENERAL CHARITABLE PURPOSES D. THE GRANTEE ORGANIZATION HAS NOT DIVERTED ANY PORTION OF THE GRANT FUNDS FROM THE PURPOSE OF THE GRANT (TO THE KNOWLEDGE OF THE MICHAEL W. LOUIS CHARITABLE FOUNDATION). E. REPORT VERIFYING THAT GRANT FUNDS WERE EXPENDED IN ACCORDANCE WITH TERMS OF GRANT HAS BEEN RECEIVED. F. THE MICHAEL W. LOUIS CHARITABLE FOUNDATION HAS HAD NO REASON TO CONDUCT AN INDEPENDENT VERIFICATION OF THE GRANTEE'S REPORT.2. IN THE FISCAL YEAR 2025 THE MICHAEL W. LOUIS CHARITABLE FOUNDATION MADE A GRANT OF $175,000.00 TO THE J. JEFFRY AND ELIZABETH S. LOUIS FOUNDATION. ALL GRANT FUNDS HAVE BEEN EXPENDED. A. NAME AND ADDRESS: J. JEFFRY AND ELIZABETH S. LOUIS FOUNDATION 410 HUNT CLUB WAY LAKE GENEVA, WI 53147 B. DATE & AMOUNT OF GRANT: 2025; $175,000.00 C. PURPOSE OF GRANT: GENERAL CHARITABLE PURPOSES D. THE GRANTEE ORGANIZATION HAS NOT DIVERTED ANY PORTION OF THE GRANT FUNDS FROM THE PURPOSE OF THE GRANT (TO THE KNOWLEDGE OF THE MICHAEL W. LOUIS CHARITABLE FOUNDATION). E. REPORT VERIFYING THAT GRANT FUNDS WERE EXPENDED IN ACCORDANCE WITH TERMS OF GRANT HAS BEEN RECEIVED. F. THE MICHAEL W. LOUIS CHARITABLE FOUNDATION HAS HAD NO REASON TO CONDUCT AN INDEPENDENT VERIFICATION OF THE GRANTEE'S REPORT.3. IN THE FISCAL YEAR 2025 THE MICHAEL W. LOUIS CHARITABLE FOUNDATION MADE A GRANT OF $175,000.00 TO THE LOUIS STEWART FOUNDATION. ALL GRANT FUNDS HAVE BEEN EXPENDED. A. NAME AND ADDRESS: LOUIS STEWART FOUNDATION 410 HUNT CLUB WAY LAKE GENEVA, WI 53147 B. DATE & AMOUNT OF GRANT: 2025; $175,000.00 C. PURPOSE OF GRANT: GENERAL CHARITABLE PURPOSES D. THE GRANTEE ORGANIZATION HAS NOT DIVERTED ANY PORTION OF THE GRANT FUNDS FROM THE PURPOSE OF THE GRANT (TO THE KNOWLEDGE OF THE MICHAEL W. LOUIS CHARITABLE FOUNDATION). E. REPORT VERIFYING THAT GRANT FUNDS WERE EXPENDED IN ACCORDANCE WITH TERMS OF GRANT HAS BEEN RECEIVED. F. THE MICHAEL W. LOUIS CHARITABLE FOUNDATION HAS HAD NO REASON TO CONDUCT AN INDEPENDENT VERIFICATION OF THE GRANTEE'S REPORT.

TY 2025 InvestmentsCorpStockSchedule
Name:
MICHAEL W LOUIS CHARITABLE FOUNDATION
EIN:
81-3640917
Name of Stock End of Year Book Value End of Year Fair Market Value
ALAMO GROUP INC 5,681 5,818
ANTERO RES CORP COM 7,773 8,925
ARCHROCK INC 8,795 9,055
ARTISAN PARTNERS ASSET MGMT 14,533 13,811
ATI INC 5,925 6,345
BATH & BODY WORKS INC 8,449 6,365
BOOZ ALLEN HAMILTON HLDG CL-A 6,123 6,361
BRUKER CORPORATION 9,549 11,165
CARLISLE CO INC 11,046 10,694
CCC INTELLIGENT SOLUTIONS HLD 7,873 6,805
CHURCHILL DOWNS INC 5,988 6,852
CIRRUS LOGIC INC 7,235 6,831
CLEAN HARBORS 11,368 12,083
COCA COLA CONSOLIDATED INC 9,747 13,096
COHERENT CORP 3,201 10,425
COMMERCIAL METALS CO 8,064 9,968
CSW INDUSTRIALS INC 7,344 7,994
CULLEN FROST BANKERS INC 12,780 13,803
CUSHMAN & WAKEFIELD LTD 9,579 14,846
EAGLE MATLS INC 10,504 9,602
ELEMENT SOLUTIONS INC 13,551 14,544
FIRSTCASH HLDGS INC 7,110 10,333
FTI CONSULTING INC 6,238 6,437
GATX CORP 10,299 12,204
GILDAN ACTIVEWEAR INC 4,813 7,995
GXO LOGISTICS INCORPORATED 3,632 4,682
HAMILTON LANE CL A 6,278 6,076
HANOVER INSURANCE GROUP INC 10,715 11,769
HAWKINS INC 6,292 7,487
HERC HLDGS INC 5,170 6,091
HEXCEL CORP NEW 4,600 6,102
HUNTINGTON INGALLS INDUSTRIES 6,253 11,196
INSTALLED BLDG PRODS INC 3,107 4,509
INTERNATIONAL FLAVORS&FRAGRANC 5,769 5,666
ISHARES RUSSELL 2000 VALUE ETF 26,225 28,450
JBT MAREL CORPORATION 8,029 10,074
LINCOLN ELEC HLDGS INC 7,863 9,840
LUMEN TECHNOLOGIES INC 4,685 5,501
MATADOR RES CO 6,029 6,875
MERITAGE HOME CORPORATION 6,643 5,726
MUELLER INDUS INC 8,020 10,067
MURPHY OIL CORP 8,496 9,313
NOBLE CORP NEW A 4,738 4,518
NORTHWEST NAT HLDG CO 8,730 9,582
PERMIAN RESOURCES CP CL A 8,062 7,913
PROSPERITY BANCSHARES 12,973 13,546
PVH CORPORATION 7,383 5,968
RED ROCK RESORTS INC CL A 4,253 5,498
RUSH ENTERPRISES INC CL A 5,859 6,149
RXO INC 1,874 1,631
SANMINA CORP 8,553 10,755
SCHNEIDER NATIONAL INC CL B 3,763 4,298
SELECTIVE INSURANCE GROUP 10,936 12,551
SPIRE INC 9,425 10,668
STAG INDL INC COM 8,795 8,675
TAYLOR MORRISON HOME CORP CL A 6,612 5,753
TETRA TECHNOLOGIES INC DEL 3,119 3,785
VALMONT INDUSTRIES 7,007 11,041
VALVOLINE INC COM 15,138 11,624
WARBY PARKER INC CL A 5,383 6,907
WATTS WTR TECH INC A 2,944 4,101
WERNER ENTERPRISES INC 4,728 5,042
WESCO INTL INC 7,142 10,759
ZIONS BANCORPORATION N A 11,030 14,459
ABBOTT LABORATORIES 17,425 25,309
ABBVIE INC COM 14,638 37,929
ABERCROMBIE & FITCH CO 3,737 6,419
ACCENTURE PLC IRELAND CL A 10,821 15,830
ADOBE INC 17,946 17,150
ADVANCED MICRO DEVICES 12,101 38,120
AECOM 7,247 6,196
AFLAC INCORPORATED 7,003 18,525
ALBEMARLE CORPORATION 1,671 3,960
ALPHABET INC CL A 48,943 253,843
AMAZON COM INC 53,521 117,949
AMERICAN EXPRESS CO 21,688 43,654
AMERICAN WATER WORKS CO 6,165 6,786
AMPHENOL CORP NEW CL A 2,043 4,324
ANALOG DEVICES INC 100 271
APPLE INC 75,351 269,957
APPLIED MATERIALS INC 7,642 21,587
APTARGROUP INC 2,621 2,683
AT&T INC 1,507 2,559
AUTODESK INC DELAWARE 3,690 5,624
AUTOMATIC DATA PROCESSING INC 997 1,801
AXALTA COATING SYSTEMS LTD. 1,829 3,166
BANK OF AMERICA CORP 24,744 55,715
BANK OF NEW YORK MELLON CORP 14,827 39,935
BLOCK INC CL A 1,466 1,692
BOOKING HOLDINGS INC 29,468 32,132
BOSTON SCIENTIFIC CORP 3,297 3,814
BROADCOM INC 50,760 96,216
BRUKER CORPORATION 14,062 16,724
BXP INC 5,424 5,128
CADENCE DESIGN SYSTEM 12,869 16,254
CAPITAL ONE FINANCIAL CORP 16,585 20,843
CATERPILLAR INC 4,197 18,332
CHIPOTLE MEXICAN GRILL INC COM 2,310 5,550
CHUBB LTD 5,187 12,485
CHURCH & DWIGHT CO INC 26,966 27,671
CISCO SYS INC 20,644 33,739
CITIGROUP INC NEW 3,085 5,601
CNH INDUSTRIAL N V 29,870 24,940
COCA COLA CO 3,068 4,754
COMMERCIAL METALS CO 144 277
CONSTELLATION ENERGY CORP 219 353
COSTCO WHOLESALE CORP NEW 3,599 10,348
CUMMINS INC 9,435 27,564
CVS HEALTH CORP COM 7,078 7,539
DANAHER CORPORATION 4,463 7,325
DAVITA INC 1,061 1,591
DECKERS OUTDOOR CORP 13,260 13,788
DEERE & CO 6,671 20,485
DELL TECHNOLOGIES INC CL C 7,042 14,602
EBAY INC 776 1,045
ECOLAB INC 6,483 9,451
ELEVANCE HEALTH INC 5,700 8,063
ELI LILLY & CO 35,119 46,211
EMBECTA CORP 29 12
ESTEE LAUDER CO INC CL A 10,810 16,336
ETSY INC 2,256 2,606
EVERSOURCE ENERGY COM 29,145 30,433
EXPEDIA GROUP INC 2,719 4,533
FLUOR CORP NEW 3,067 5,548
FORD MOTOR CO NEW 3,205 4,382
GAP INC 1,176 3,277
GE AEROSPACE 6,213 35,423
GE HEALTHCARE TECHNOLOGIES INC 1,746 2,050
GEN DIGITAL INC 2,401 3,263
GENERAL MILLS INC 3,531 3,395
GENERAL MTRS CO 630 1,545
GOLDMAN SACHS GRP INC 20,995 81,747
GUIDEWIRE SOFTWARE INC 8,024 6,834
HARTFORD INSURANCE GROUP INC 34,535 69,727
HASBRO INC 3,450 5,084
HERSHEY COMPANY 22,648 24,567
HEWLETT PACKARD ENTERPRISE 4,511 10,545
HOME DEPOT INC 15,460 26,152
HP INC COM 3,670 5,169
ILLUMINA INC 15,198 23,871
INTEL CORP 8,072 13,247
INTL BUSINESS MACHINES CORP 9,859 23,993
INTUIT INC 9,227 23,847
IRIDIUM COMMUNICATIONS INC COM 2,488 1,755
JOHNSON & JOHNSON 38,566 55,877
JOHNSON CTLS INTL PLC 319 479
JPMORGAN CHASE & CO 25,559 55,100
KEURIG DR PEPPER INC COM 6,401 6,330
KLA CORPORATION 3,235 25,517
KOHLS CORPORATION WISC 1,574 3,939
KROGER CO 2,545 4,436
KYNDRYL HOLDINGS INC 25 27
L3HARRIS TECHNOLOGIES INC 4,517 7,339
LAS VEGAS SANDS CORPORATION 10,674 16,923
LEIDOS HLDGS INC 778 1,624
LIBERTY GLOBAL LTD CL C 1,611 1,811
LINCOLN ELEC HLDGS INC 1,560 4,793
LYFT INC CL A 2,868 3,738
MARSH & MCLENNAN COS INC 2,311 4,452
MASTERCARD INC CL A 30,422 52,521
MCKESSON CORP 2,375 14,765
MEDTRONIC PLC SHS 5,327 5,956
MERCK & CO INC NEW COM 18,399 25,683
META PLATFORMS INC CL A 29,609 106,935
MGM RESORTS INTERNATIONAL 8,246 9,670
MICROSOFT CORP 80,415 236,490
MOODYS CORP 8,982 10,728
MORGAN STANLEY 2,257 9,764
MORNINGSTAR INC COMMON 5,003 5,215
MOTOROLA SOLUTIONS INC 3,484 8,816
NASDAQ INC COM 12,347 21,174
NETFLIX INC 17,807 24,378
NEWMONT CORPORATION 18,406 41,238
NIKE INC B 2,105 2,166
NVIDIA CORPORATION 11,294 320,407
ONE GAS INC 10,181 12,901
ORGANON & CO 39 7
PALANTIR TECHNOLOGIES INC CL A 1,591 3,377
PALO ALTO NETWORKS INC 1,442 1,474
PARSONS CORP 5,186 4,573
PAYPAL HLDGS INC COM 6,654 6,305
PFIZER INC 1,845 1,818
PHILIP MORRIS INTL INC 23,246 44,431
QUALCOMM INC 8,464 16,079
QUANTA SERVICES INC 167 2,110
RTX CORPORATION 12,004 37,964
RYDER SYSTEMS INC 1,245 7,656
S&P GLOBAL INC COM 19,352 38,149
SALESFORCE INC 21,511 37,087
SERVICENOW INC 3,695 9,957
SIMON PPTY GROUP INC 7,974 15,919
SPIRE INC 51,850 57,394
STARBUCKS CORP WASHINGTON 3,859 3,621
SUNRUN INC 2,927 3,938
SYNOPSYS INC 7,226 8,925
SYSCO CORP 3,207 3,390
TARGET CORPORATION 5,827 5,963
TE CONNECTIVITY PLC 953 2,958
TESLA INC 34,396 69,707
TETRA TECH INC 22,733 21,097
THE CIGNA GROUP 44,396 48,165
TJX COS INC NEW 4,323 8,141
T-MOBILE US INC COM 7,993 12,588
TRANE TECHNOLOGIES PLC 22,057 20,628
TRAVELERS COMPANIES INC COM 103 290
UBER TECHNOLOGIES INC 8,929 10,295
UNITEDHEALTH GP INC 11,620 14,525
VALVOLINE INC COM 1,076 2,209
VERIZON COMMUNICATIONS 3,205 4,154
VISA INC CL A 75,383 104,161
VOYA FINL INC 4,969 5,587
W W GRAINGER INC 3,614 13,118
WALMART INC 14,278 37,434
WELLS FARGO & CO NEW 8,110 28,333
WILLIAMS SONOMA 4,827 15,895
XYLEM INC COM 15,069 27,236
YUM BRANDS INC 3,761 3,933

TY 2025 InvestmentsOtherSchedule2
Name:
MICHAEL W LOUIS CHARITABLE FOUNDATION
EIN:
81-3640917
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MICHAEL W LOUIS COMPANY AT COST 395,268 1,339,569
MWL HOLDINGS LIMITED PARTNERSHIP AT COST 3,353 3,683,305
ARISTOTLE INTERNATIONAL EQ I2 FMV 551,736 717,692
ARTISAN DEVELOPING WORLD ADV FMV 141,653 294,426
CCM COMMUNITY IMPACT BD INST FMV 488,374 443,664
GQG PARTNERS EMRG MKTS EQ INS FMV 454,425 508,475
ISHARES CORE MSCI EAFE ETF FMV 834,786 1,046,861
ISHARES CORE S&P 500 ETF FMV 44,937 58,220
NUVEEN CORE IMPACT BD R6 FMV 1,223,810 1,172,674
SC JOHNSON & SON 8 1/2 3RD RST AT COST 377,064 408,700
T ROWE INT US SMCP GRW EQ INV FMV 574,558 578,399
ARTISAN DEVELOPING WORLD ADV FMV 9,152 11,634
CCM COMMUNITY IMPACT BD INST FMV 7,532 7,899
GQG PARTNERS EMRG MKTS EQ INS FMV 9,645 11,884
ISHARES CORE MSCI EAFE ETF FMV 38,196 46,430
ISHARES CORE S&P 500 ETF FMV 107,625 141,783
LORD ABBETT SHT DURATION INC I FMV 23,217 23,558
NUVEEN CORE IMPACT BD R6 FMV 45,663 46,381
VANGUARD SMALL CAP ETF FMV 16,216 21,668

TY 2025 LegalFeesSchedule
Name:
MICHAEL W LOUIS CHARITABLE FOUNDATION
EIN:
81-3640917
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BELL & ANDERSON LLC - LEGAL FEES 11,439 11,439   0


TY 2025 OtherDecreasesSchedule
Name:
MICHAEL W LOUIS CHARITABLE FOUNDATION
EIN:
81-3640917
Description Amount
MS #186 - 2025 DIVIDENDS RECEIVED IN 2026 4,518
MS #623 - COST BASIS ADJ'TS FOR NON-DIVIDEND DISTRIBUTIONS 66
MS #258 - COST BASIS ADJ'TS FOR NON-DIVIDEND DISTRIBUTIONS 354
MS #258 - 2025 DIVIDENDS RECEIVED IN 2026 2
MS #258 - COST BASIS ADJ'TS FOR SALES 228
MS #623 - COST BASIS ADJ'TS FOR SALES 99
MS #369 - 2025 DIVIDENDS RECEIVED IN 2026 227


TY 2025 OtherExpensesSchedule
Name:
MICHAEL W LOUIS CHARITABLE FOUNDATION
EIN:
81-3640917
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MWL HOLDINGS LP - OTHER EXPENSES 3,965 3,965   0
MICHAEL W. LOUIS CO. - OTHER EXPENSES 27,659 27,659   0
ADR FEE 1,648 1,648   0


TY 2025 OtherIncreasesSchedule
Name:
MICHAEL W LOUIS CHARITABLE FOUNDATION
EIN:
81-3640917
Description Amount
MS #258 - NON-DIVIDEND DISTRIBUTIONS 636
MS #186 - 2024 DIVIDENDS RECEIVED IN 2025 4,946
MS #623 - NON-DIVIDEND DISTRIBUTIONS 99
MS #369 - 2024 DIVIDENDS RECEIVED IN 2025 130
MS #258 - 2024 DIVIDENDS RECEIVED IN 2025 115
ROUNDING ADJUSTMENT 6
MWL HOLDINGS LIMITED PARTNERSHIP - NONTAXABLE DISTRIBUTIONS 19
MICHAEL W. LOUIS COMPANY - NONTAXABLE DISTRIBUTIONS 7


TY 2025 OtherProfessionalFeesSchedule
Name:
MICHAEL W LOUIS CHARITABLE FOUNDATION
EIN:
81-3640917
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MORGAN STANLEY INVESTMENT ADVISORY FEES 67,265 67,265   0


TY 2025 TaxesSchedule
Name:
MICHAEL W LOUIS CHARITABLE FOUNDATION
EIN:
81-3640917
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES - MS #186 3,429 3,429   0
2025 990-T ESTIMATED TAXES PAID 36,000 0   0
2024 990-T TAX BALANCE DUE 66 0   0
2025 990-PF ESTIMATED TAXES PAID 26,000 0   0
FOREIGN TAXES - MS #369 114 114   0
FOREIGN TAXES - MS #258 22 22   0