William F Vilas Estate, Robert R Stroud - Secty Of Ttees in Oregon, Wisconsin (WI)

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William F Vilas Estate, Robert R Stroud - Secty Of Ttees
Employer Identification Number (EIN)390678406
Name of OrganizationWilliam F Vilas Estate
Secondary NameRobert R Stroud - Secty Of Ttees
In Care of NameFrautschi Pike Bolz Young Ttees
Address602 Pleasant Oak Dr Ste F, Oregon, WI 53575-3282
ActivitiesEndowment fund or financial services, Scholarships (other)
SubsectionCharitable Organization
Ruling Date05/1963
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period03/2014
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$119,565,049
Amount of Income$33,685,438
Form 990 Revenue Amount$8,466,080
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Single Organization Support


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Amount of income in 2014: $33,685,438
William F Vilas Estate, Robert R Stroud - Secty Of Ttees: 

 $33,685,438
Other organizations performing similar types of work: 

 $862,721

Assets in 2014: $119,565,049
This organization: 

 $119,565,049
Other organizations performing similar types of work: 

 $1,737,288

Expenses in 2014: $3,460,101
William F Vilas Estate, Robert R Stroud - Secty Of Ttees: 

 $3,460,101
Other organizations performing similar types of work: 

 $502,842

Income to expenses ratio in 2014: 9.7
William F Vilas Estate, Robert R Stroud - Secty Of Ttees: 

 9.7
Other organizations performing similar types of work: 

 4.1

Expenses allocated to program services in 2007: 97.7%
This organization: 

 97.7%
Other organizations performing similar types of work: 

 89.2%

Employees paid over $100,000 in 2014: 100.0%
William F Vilas Estate, Robert R Stroud - Secty Of Ttees: 

 100.0%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2014: 0.0%
William F Vilas Estate, Robert R Stroud - Secty Of Ttees: 

 0.0%
Other organizations performing similar types of work: 

 86.9%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?NoNo
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201220132014
The number reported in Box 3 of Form 10961111
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return11
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?YesYes
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$30,200$30,200
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization11
Statement of Revenue
201220132014
Total revenue$4,898,851$7,587,729$8,466,080
Contributions, Gifts, Grants and Other Similar Amounts$0$0$0
Program Service Revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,802,350$4,050,183$4,270,124
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$1,007,523$3,534,640$4,193,351
Gross amount from sales of assets other than inventory (Securities / Other)$35,086,584 / $0$41,861,448 / $0$29,412,709 / $0
Less: cost or other basis and sales expenses (Securities / Other)$34,079,061 / $0$38,326,808 / $0$25,219,358 / $0
Gain or (loss) (Securities / Other)$1,007,523 / $0$3,534,640 / $0$4,193,351 / $0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$88,978$2,906$2,605
900099$2,906$2,605
All other revenue$0$0
Statement of Functional Expenses
201220132014
Total functional expenses$5,118,352$4,974,065$3,460,101
Grants and other assistance to domestic organizations and domestic governments$4,528,090$2,968,791
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$30,500$30,200$30,200
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$49,710$49,710$49,710
Pension plan accruals and contributions$0$0
Other employee benefits$0$0
Payroll taxes$3,457$3,457$3,457
Fees for services (non-employees)
Management$0$0
Legal$12,242$25,467
Accounting$29,532$27,220
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$256,702$269,808
Other$25,000$45,000
Advertising and promotion$0$0
Office expenses$4,023$4,566
Information technology$0$0
Royalties$0$0
Occupancy$10,035$10,355
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$186$186
Insurance$11,948$12,720
Other expenses$11,004$10,955
Other expenses$1,936$1,666
Balance Sheet
201220132014
Total assets$111,945,406$114,559,070$119,565,049
Cash - non-interest-bearing$8,031$50
Savings and temporary cash investments$73,539$1,019,507
Pledges and grants receivable, net$0$0
Accounts receivable, net$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$0
Land, buildings, and equipment: cost or other basis$24,041$23,856
Investments - publicly traded securities$109,268,485$113,727,222
Investments - other securities$5,184,974$4,794,414
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$0$0$0
Total net assets or fund balances$111,945,406$114,559,070$119,565,049
Unrestricted net assets$0$0
Temporarily restricted net assets$0$0
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$85,936,623$85,936,623
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$26,008,783$28,622,447$33,628,426
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported2
Sum of amounts of support$2,968,791
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$14,951,521$14,861,107$11,281,803$12,135,205$13,639,859$21,464,354$30,136,429$11,973,629
Contributions, gifts, grants, and similar amounts received$0$0$0$0$0$0$0$0
Contributions to donor advised funds$0$0
Direct public support$0$0$0$0$0$0$0$0
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$53,388$20,253$10,934$537$1,881$4,452$2,473$9,100
Dividends and interest from securities$4,096,588$3,734,397$3,571,566$3,141,395$3,600,915$4,131,434$5,038,694$4,891,152
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$525,848$539,908$321,963$243,243$351,790$108,028$1,464,630$1,733,991
Gain or (loss) from sales of assets other than inventory$10,255,864$10,565,202$7,370,130$8,690,181$9,629,922$17,220,440$23,475,552$5,276,070
Gross amount from sales of assets other than inventory$47,806,573$46,358,572$84,035,601$69,608,861$60,238,396$96,542,801$155,915,423$105,139,754
Less: cost or other basis and sales expenses$37,550,709$35,793,370$76,665,471$60,918,680$50,608,474$79,322,361$132,439,871$99,863,684
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$19,833$1,347$7,210$59,849$55,351$0$155,080$63,313
Total expenses$16,079,847$10,667,372$5,051,643$6,070,830$5,976,303$6,669,151$33,429,139$19,834,402
Program services$15,662,080$10,255,434$4,572,035$5,654,127$5,469,285$6,122,615$32,923,505$19,370,378
Management and general$417,767$411,938$479,608$416,703$507,018$546,536$505,634$464,024
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$112,464,127$116,657,862$122,888,022$128,952,397$136,615,953$151,411,156$148,118,446$140,257,673
Excess or (deficit) for the year$-1,128,326$4,193,735$6,230,160$6,064,375$7,663,556$14,795,203$-3,292,710$-7,860,773
Net assets or fund balances at beginning of year$113,592,453$112,464,127$116,657,862$122,888,022$128,952,397$136,615,953$151,411,156$148,118,446
Other changes in net assets or fund balances$0$0$0$0$0$0$0$0
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$19,834,402$19,370,378$464,024$0
Grants paid from donor advised funds$0
Other grants and allocations$19,370,378
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$26,600$0$26,600$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$49,710$0$49,710$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$3,457$0$3,457$0
Professional fundraising fees$0$0$0$0
Accounting fees$23,254$0$23,254$0
Legal fees$25,494$0$25,494$0
Supplies$0$0$0$0
Telephone$1,679$0$1,679$0
Postage and shipping$489$0$489$0
Occupancy$4,000$0$4,000$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$980$0$980$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$186$0$186$0
Other expenses not covered above$328,175$0$328,175$0
Balance Sheets
20002001200220032004200520062007
Total assets$112,464,127$116,657,862$122,888,022$128,952,397$136,615,953$151,411,156$148,118,446$140,257,673
Cash - non-interest-bearing$0$0$0$0$0$0$0$0
Savings and temporary cash investments$40,844$47,391$33,380$2,339$66,205$13,647$97,694$5,111
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0$0$0$0
Investments - publicly-traded securities$114,447,841$113,946,245
Investments - other securities$104,067,985$109,468,417$115,225,260$115,062,514$129,638,320$133,554,617$0$0
Investments - land, buildings, and equipment less accumulated depreciation$23,748$23,748$23,748$23,748$23,748$23,748$23,748$23,748
Investments - other$8,328,742$7,115,784$7,603,397$13,861,831$6,885,901$17,817,551$33,547,755$26,281,347
Land, buildings, and equipment less accumulated depreciation$2,808$2,522$2,237$1,965$1,779$1,593$1,408$1,222
Other assets, including program-related investments$0$0$0$0$0$0$0$0
Total liabilities$0$0$0$0$0$0$0$0
Accounts payable and accrued expenses$0$0$0$0$0$0$0$0
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$112,464,127$116,657,862$122,888,022$128,952,397$136,615,953$151,411,156$148,118,446$140,257,673
Total net assets or fund balances$112,464,127$116,657,862$122,888,022$128,952,397$136,615,953$151,411,156$148,118,446$140,257,673
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$0$14,861,107$11,281,803$12,135,205$13,639,859$21,464,354$30,136,429$11,973,629
Total revenue, gains, and other support per audited financial statements$0$14,861,107$11,281,803$12,135,205$13,639,859$21,464,354$30,136,429$11,973,629
Other expenses$0$0$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$0$10,667,372$5,051,643$6,070,830$5,976,303$6,669,151$33,429,139$19,834,402
Total expenses and losses per audited financial statements$0$3,883,967$479,608$416,703$507,018$546,536$505,634$464,024
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$0$6,783,405$4,572,035$5,654,127$5,469,285$6,122,615$32,923,505$19,370,378
Investment expenses$0$0$0$0$0$0$0$0
Other$0$6,783,405$4,572,035$5,654,127$5,469,285$6,122,615$32,923,505$19,370,378
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
2$3,600$0$0
2$3,600$0$0
2$3,600$0$0
2$3,600$0$0
2$3,600$0$0
2$3,600$0$0
2$5,000$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings6
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20061
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$11,973,629$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$9,100$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$4,891,152$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,733,994$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$5,276,070$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$63,313$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType III
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
396006492Yes$19,308,634
396006492Yes$61,744
Total$19,370,378
Support Schedule
19992000200120022003200420052006
Total$46,736,688$4,695,657$4,295,905$3,911,673$3,429,524$3,955,386$4,243,914$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$46,736,688$4,695,657$4,295,905$3,911,673$3,429,524$3,955,386$4,243,914$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$0$0$0
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2009)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1William F Vilas Estate, Robert R Stroud - Secty Of Ttees602 Pleasant Oak Dr Ste F, Oregon, WI 53575-3282WI1963-05$33,685,438
2St Augustines University Foundation, St Augustines National Foundation17515 W Nine Mile Rd Ste 755, Southfield, MI 48075-4403MI1983-01$14,709,294
3University Of North Florida Financing Corporation1 Unf Drive Hicks Hall Suite 2900, Jacksonville, FL 32224FL2007-03$9,753,890
4Concordia University Wisconsin Foundation Inc12800 N Lake Shore Dr, Mequon, WI 53097-2418WI1963-04$8,439,014
5Savannah State College Foundation IncPO BOX 20439, Savannah, GA 31404-9707GA1975-01$5,267,118
6University Research Park Facilities CorpMadison, WI 53705WI$228,163
7Truman State University Foundation105 Mcclain Hall 100 E Normal, Kirksville, MO 63501MO1985-12$36,529,317
8Vincennes University Foundation Inc1002 North First Street Ste Dc-38, Vincennes, IN 47591-1504IN1975-03$30,807,440
9The Greenville College Foundation Inc315 E College Ave, Greenville, IL 62246-1145IL1999-12$22,631,651
10State College Of Florida Foundation Inc5840 26th St W, Bradenton, FL 34207-3522FL1981-05$21,996,565
11Wisconsin Foundation For Independent Colleges Inc4425 N Pt Washington Rd 402, Glendale, WI 53212-1083WI1956-06$10,557,177
12University Of Wisconsin Green Bay Foundation Inc2420 Nicolet Drive No Cl 805, Green Bay, WI 54311WI2011-09$6,698,829
13Mid-State Technical College Foundation Inc500 32nd St N, Wisc Rapids, WI 54494-5512WI1979-08$862,721
14Monroe Badger Foundation Inc1112 7th Avenue, Monroe, WI 53566WI2009-02$152,673
15Ridin For Research Inc4230 N Oakland Ave 108, Milwaukee, WI 53211-2042WI2005-01$119,741
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17Pointer Blue Line Club Inc5324 Piccadilly Ct, Stevens Point, WI 54481-9461WI2004-09$0
18Shawano Community High School Music Booster Corporation220 County Road B, Shawano, WI 54166WI2014-04$0
19Stratford Girls Basketball ClubPo Box 253, Stratford, WI 54484WI2010-03$0
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Number of organizations performing similar types of work
Alaska1
Alabama7
Arkansas3
Arizona3
California53
Colorado9
Connecticut9
District of Columbia4
Delaware4
Florida22
Georgia21
Hawaii2
Iowa5
Illinois19
Indiana8
Kansas13
Kentucky6
Louisiana8
Massachusetts7
Maryland7
Maine1
Michigan16
Minnesota8
Missouri9
Mississippi4
Montana1
North Carolina30
Nebraska3
New Hampshire2
New Jersey12
New Mexico3
Nevada5
New York43
Ohio16
Oklahoma5
Oregon5
Pennsylvania23
Rhode Island1
South Carolina13
South Dakota3
Tennessee12
Texas25
Utah3
Virginia17
Vermont1
Washington8
Wisconsin13
West Virginia4
Wyoming1
International6
Total504

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