HIGHLANDS FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- HIGHLANDS FOUNDATION INC (EIN 20-3941123)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-11
- IRS object ID
- 202133159349102973
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-11T16:24:19-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7398 | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 537077398 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203941123 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGHLANDS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HIGH | BusinessNameControlTxt |
| Phone | 6082712233 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4717 HAMMERSLEY ROAD | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 537112708 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES J BAKKE | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 6082712233 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | BAKKE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIGID ELLIOTT-BOGER CPA | PreparerPersonNm |
| PTIN | P00089494 | PTIN |
| Phone | 6082496622 | PhoneNum |
| Preparation | 2021-11-10 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $24,047,238 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $406,127 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $398,240 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,186,888 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,724,534 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,186,888 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,593,015 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,585,128 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $70,214 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $70,214 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $24,227 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,227 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,471 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,411 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $60 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $95,912 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $73,852 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $60 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,289,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,289,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,385,412 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $73,852 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,289,560 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $207,603 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,511,276 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $34,982 | CashBOYAmt |
| Cash EOY | $93,426 | CashEOYAmt |
| Cash EOYFMV | $93,426 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $84,146 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,959,930 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,959,941 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $5,990,044 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $6,813,591 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $6,931,442 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $7,949,756 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,959,405 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,882,220 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $8,241,075 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,903,547 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,069,800 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $322,562 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $100,840 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $110,409 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $22,622,565 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,830,739 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $24,047,238 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $22,622,565 | RetainedEarningBOYAmt |
| Retained Earning EOY | $22,830,739 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $22,622,565 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $22,830,739 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $22,622,565 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $22,830,739 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $22,622,565 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $207,603 | ExcessRevenueOverExpensesAmt |
| Other Increases | $571 | OtherIncreasesAmt |
| Subtotal | $22,830,739 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $22,830,739 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - USB ST | $294,029 | $290,336 | $3,693 | $3,693 | |
| PUBLICLY TRADED SECURITIES - USB LT | $1,550,080 | $1,537,283 | $12,797 | $12,797 | |
| PUBLICLY TRADED SECURITIES - GS ST | $3,187,477 | $3,219,341 | -$31,864 | -$31,864 | |
| PUBLICLY TRADED SECURITIES - GS LT | $8,914,918 | $7,723,952 | $1,190,966 | $1,190,966 | |
| PUBLICLY TRADED SECURITIES - GS ORD | $650,000 | $641,734 | $8,266 | $8,266 | |
| PUBLICLY TRADED SECURITIES - GS NONCOVERED | $124,960 | $125,000 | -$40 | -$40 | |
| CAPITAL GAINS DIVIDENDS | $3,070 | $3,070 | $3,070 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,186,888 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $21,007 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $21,007 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $21,007 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $25,056 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $18,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $43,056 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $22,049 | OverpaymentAmt |
| Applied To ES Tax | $22,049 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | WI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JAMES J BAKKE | IndividualWithBooksNm |
| Phone | 6082712233 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4717 HAMMERSLEY ROAD | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 537172708 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| SUSAN A BAKKE | ||||||||
| 4717 HAMMERSLEY ROAD | MADISON | WI | 537112708 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| JAMES J BAKKE | ||||||||
| 4717 HAMMERSLEY ROAD | MADISON | WI | 537112708 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| BLAINE R RENFERT | ||||||||
| 4717 HAMMERSLEY ROAD | MADISON | WI | 537112708 | SECRETARY & TREASURER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOLDMAN SACHS & CO LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 71 S WACKER DRIVE SUITE 500 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $54,397 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $23,455,560 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $477,387 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $23,932,947 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $23,932,947 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $358,994 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $23,573,953 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,178,698 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,178,698 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $21,007 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $21,007 | TotalTaxAmt |
| Distributable Before Adj | $1,157,691 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,157,691 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,157,691 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,289,560 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,289,560 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,289,560 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,157,691 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,126,602 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,289,560 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,126,602 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $162,958 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $994,733 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SUSAN A BAKKE | ContributingManagerNm |
| Contributing Manager | JAMES J BAKKE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| BETHEL HORIZONS FOUNDATION INC | |||||||
| 312 WISCONSIN AVENUE | MADISON | WI | 53703 | PC | CAPITAL FUND | $100,000 | |
| DOMESTIC ABUSE INTERVENTION SERVICES (DAIS) | |||||||
| PO BOX 1761 | MADISON | WI | 53701 | PC | HUMAN SERVICES | $10,000 | |
| EDGEWOOD HIGH SCHOOL OF THE SACRED HEART | |||||||
| 2219 MONROE STREET | MADISON | WI | 53711 | PC | EDUCATIONAL SUPPORT | $100,000 | |
| JOHN F KENNEDY CENTER FOR THE PERFORMING ARTS | |||||||
| 2700 F STREET NW | WASHINGTON | DC | 20566 | PC | ARTS SUPPORT | $300,000 | |
| MADISON MUSEUM OF CONTEMPORARY ART (MMOCA) | |||||||
| 227 STATE STREET | MADISON | WI | 53703 | PC | ARTS SUPPORT | $2,000 | |
| MADISON SYMPHONY ORCHESTRA LEAGUE | |||||||
| 222 WEST WASHINGTON AVENUE SUITE | MADISON | WI | 53703 | PC | ARTS SUPPORT | $5,000 | 460 |
| SAFE HARBOR CHILD ADVOCACY CENTER INC | |||||||
| 1457 EAST WASHINGTON AVENUE SUITE | MADISON | WI | 53704 | PC | HUMAN SERVICES | $5,000 | 102 |
| UNITED WAY OF DANE COUNTY | |||||||
| PO BOX 7548 | MADISON | WI | 53704 | PC | HUMAN SERVICES | $25,000 | |
| UNIVERSITY OF WISCONSIN FOUNDATION | |||||||
| 1848 UNIVERSITY AVENUE | MADISON | WI | 53726 | PC | NATATORIUM | $700,000 | |
| UNIVERSITY OF WISCONSIN FOUNDATION | |||||||
| 1848 UNIVERSITY AVENUE | MADISON | WI | 53726 | PC | GRADUATE FELLOWSHIP | $40,000 | |
| WISCONSIN CHAMBER ORCHESTRA INC | |||||||
| 321 EAST MAIN STREET SUITE 104 | MADISON | WI | 53703 | PC | ARTS SUPPORT | $2,500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,289,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $406,127 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,186,888 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,593,015 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,593,015 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (64 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BAGIX | $456,102 | $500,089 |
| GS BDA | $206,918 | $206,918 |
| AUTONATION INC 3.35% | $224,980 | $228,604 |
| EXXON MOBIL CORPORATION 2.222% | $39,997 | $40,353 |
| KINDER MORGAN ENERGY PART 5.8% | $150,638 | $154,121 |
| UNILEVER CAPITAL CORP 2.75% | $198,978 | $202,621 |
| SUNOCO LOGISTICS PTNRS OPER LP 4.4% | $84,902 | $86,466 |
| UNITED PARCEL SERVICE, INC. 2.05% | $149,763 | $151,370 |
| APPLE INC. 2.85% | $200,322 | $202,497 |
| CHARLES SCHWAB CORPORATION 3.25% | $199,994 | $202,512 |
| TOYOTA MOTOR CREDIT CORP MTN 1.8% | $189,977 | $192,898 |
| CREDIT SUISSE AG-NEW YORK BRAN 2.1% | $249,970 | $254,575 |
| AMAZON.COM INC 3.3% | $126,512 | $128,179 |
| AMGEN INC 2.65% | $202,316 | $206,924 |
| GLAXOSMITHKLINE CAPITAL PLC 2.875% | $374,707 | $388,660 |
| MONDELEZ INTERNATINAL INC .0625% | $139,980 | $141,043 |
| HONEYWELL INTERNATIONAL 2.15% | $224,773 | $232,895 |
| PAYPAL HOLDINGS, INC. 2.2% | $99,873 | $103,904 |
| ORACLE CORPORATION 2.5% | $250,727 | $261,177 |
| CITIGROUP INC. HYBRID 2.312% | $300,000 | $305,892 |
| DH EUROPE FINANCE II 2.05% | $200,434 | $206,826 |
| BANK OF AMERICA CORPORATION MTN 3.3% | $163,920 | $166,748 |
| BANK OF NOVA SCOTIA 1.95% | $99,875 | $104,086 |
| BANK OF NOVA SCOTIA 1.625% | $124,800 | $128,935 |
| KIMCO REALTY CORPORATION 3.125% | $125,575 | $132,007 |
| HP ENTERPRISE CO 4.45% | $98,075 | $105,553 |
| ROYAL BANK OF CANADA MTN 0.5% | $164,898 | $166,060 |
| AMERICAN TOWER CORP 0.6% | $84,852 | $85,147 |
| GS BDA | $14,182 | $14,182 |
| MARSH & MCCLENNAN COMPANIES 4.8% | $15,208 | $15,539 |
| MITSUBISHI UFJ FINANCIAL GROUP 3.535% | $10,183 | $10,334 |
| CITIGROUP INC. 2.35% | $20,247 | $20,428 |
| EL PASO PIPELINE PARTNERS OPER 5.0% | $5,116 | $5,171 |
| AIR LEASE CORP 3.5% | $10,288 | $10,452 |
| JPMORGAN CHASE & CO HYBRID 3.514% | $5,078 | $5,075 |
| MORGAN STANLEY 3.125% | $10,544 | $10,691 |
| BANK OF NOVA SCOTIA 0.55% | $24,982 | $25,137 |
| WEC ENERGY GROUP INC 0.55% | $24,991 | $25,165 |
| XCEL ENERGY INC 0.5% | $9,991 | $10,042 |
| ROYAL BANK OF CANADA 0.5% | $9,994 | $10,064 |
| UNITED TECHNOLOGIES CORP 3.95% | $17,002 | $17,426 |
| AMERICAN HONDA FINANCE 1.0% | $14,999 | $15,275 |
| TORONTO-DOMINION BANK 0.75% | $24,930 | $25,151 |
| EQUINIX INC 1.0% | $19,980 | $20,102 |
| BANK OF AMERICA CORPORATION HYBRID 0.981% | $25,000 | $25,337 |
| MORGAN STANLEY HYBRID 0.864% | $10,000 | $10,099 |
| CANADIAN IMPERIAL BAK OF COMM 0.95% | $9,996 | $10,160 |
| EMERSON ELECTRIC CO 0.875% | $24,928 | $25,224 |
| KROGER CO 2.65% | $21,821 | $21,958 |
| CATERPILLAR FINL SERVICE 1.1% | $24,951 | $25,341 |
| KIMBERLY-CLARK CORPORATION 1.05% | $25,000 | $25,420 |
| ADVANCE AUTO PARTS INC 1.75% | $14,951 | $15,301 |
| GILEAD SCIENCES INC 1.2% | $19,982 | $20,199 |
| COCA-COLA COMPANY 1.0% | $24,980 | $25,211 |
| DKE ENERGY CORP 2.45% | $21,177 | $21,322 |
| VERIZON COMMUNICATIONS 1.5% | $19,978 | $19,788 |
| CENTERPOINT ENERGY RES 1.75% | $19,990 | $20,280 |
| AMERICAN TOWER CORP 1.875% | $19,911 | $20,271 |
| LOWE'S COMPANIES INC 1.7% | $15,061 | $15,247 |
| FRANKLIN RESOURCES INC 1.6% | $9,976 | $9,978 |
| B.A.T. CAPITAL CORPORATON 2.726% | $15,000 | $15,645 |
| JPMORGAN CHASE & CO HYBRID 2.965% | $21,510 | $22,011 |
| EATON VANCE GROUP MUTUAL FUND CLASS I | $93,957 | $96,837 |
| FEDERATED HERMES HIGH YIELD BOND FUND | $93,805 | $96,877 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (60 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| IVV | $836,761 | $1,044,335 |
| AY | $1,043 | $1,899 |
| VIMAX | $200,139 | $257,933 |
| CMSCX | $165,780 | $172,140 |
| ABB | $3,617 | $3,747 |
| AHEXY | $1,328 | $1,530 |
| ADDYY | $1,411 | $5,124 |
| ASX | $834 | $858 |
| ALPMY | $3,002 | $3,798 |
| BIDU | $5,426 | $6,920 |
| SAN | $449 | $692 |
| CAJ | $6,284 | $7,026 |
| CX | $3,078 | $4,038 |
| CIG | $1,001 | $1,048 |
| CHKP | $4,008 | $4,519 |
| SNP | $1,377 | $1,382 |
| CS | $5,862 | $7,539 |
| CRH | $7,570 | $8,473 |
| CRTO | $9,998 | $8,409 |
| DBSDY | $2,030 | $2,510 |
| ERIC | $7,529 | $8,401 |
| FERGY | $2,833 | $5,147 |
| FINV | $1,327 | $1,039 |
| FLY | $7,203 | $5,457 |
| HMC | $2,927 | $2,910 |
| IBA | $5,106 | $5,645 |
| INFY | $4,035 | $4,373 |
| IEFA | $324,956 | $333,705 |
| ADRNY | $5,164 | $10,189 |
| PHG | $25,387 | $30,389 |
| KT | $11,331 | $10,228 |
| MFGP | $1,398 | $2,090 |
| MFG | $6,656 | $4,932 |
| NICE | $7,567 | $23,250 |
| NTDOY | $13,548 | $19,405 |
| NTTYY | $9,759 | $11,668 |
| NOK | $17,016 | $17,227 |
| NOMD | $7,702 | $8,719 |
| NVS | $18,664 | $19,925 |
| NVO | $5,341 | $5,448 |
| IX | $2,011 | $2,165 |
| PKK | $1,128 | $1,122 |
| QGEN | $2,814 | $3,065 |
| RIO | $10,317 | $12,863 |
| RHHBY | $23,661 | $28,847 |
| SSL | $1,032 | $1,923 |
| SIMO | $12,196 | $13,867 |
| SNE | $8,100 | $11,020 |
| STM | $4,573 | $6,756 |
| SMFG | $15,790 | $13,346 |
| TARO | $2,073 | $1,542 |
| UOVEY | $809 | $718 |
| WIT | $1,681 | $1,853 |
| WNS | $2,437 | $5,332 |
| BEXIX | $80,984 | $135,469 |
| SPY | $528,071 | $881,580 |
| IWM | $76,947 | $133,321 |
| RWO | $74,520 | $82,606 |
| BTMKX | $318,877 | $404,024 |
| SSKEX | $44,937 | $66,734 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $6,813,591 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $6,931,442 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VNQ | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $100,840 | BookValueAmt |
| EOYFMV | $110,409 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| US BANK - THIRD PARTY & ADR FEES | $1,411 | $1,411 | $0 |
| US BANK CHECKING - MONTHLY FEES | $60 | $0 | $60 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT FOR TIMING DIFFERENCES ON INTEREST/DIVIDENDS | Desc |
| Amt | $571 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| US BANK - INVESTMENT MANAGEMENT | $15,517 | $15,517 | $0 |
| GOLDMAN SACHS - INVESTMENT MANAGEMENT | $54,397 | $54,397 | $0 |
| US BANK - TAX LETTER | $300 | $300 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| US BANK - FOREIGN TAXES PAID | $1,229 | $1,229 | $0 |
| GOLDMAN SACHS - FOREIGN TAXES PAID | $998 | $998 | $0 |
| DEPARTMENT OF TREASURY - 2019 EXCISE TAX EXTENSION PAYMENT | $22,000 | $0 | $0 |