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        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KEITH E LEMERE</PersonNm>
          <USAddress>
            <AddressLine1Txt>812 EAST STATE STREET</AddressLine1Txt>
            <CityNm>MILWAUKEE</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>53202</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>6.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>20000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>FRANCHION K LEMERE</PersonNm>
          <USAddress>
            <AddressLine1Txt>812 EAST STATE STREET</AddressLine1Txt>
            <CityNm>MILWAUKEE</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>53202</ZIPCd>
          </USAddress>
          <TitleTxt>VP / TREASUR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1250</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>NICHOLAS R LEMERE</PersonNm>
          <USAddress>
            <AddressLine1Txt>812 EAST STATE STREET</AddressLine1Txt>
            <CityNm>MILWAUKEE</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>53202</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1250</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>492185</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>55914</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>548099</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>548099</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>8221</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>539878</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>26994</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>26994</MinimumInvestmentReturnAmt>
        <DistributableBeforeAdjAmt>26994</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>26994</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>26994</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>26383</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>26383</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>26383</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>26994</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr2Amt>11555</ExcessDistributionCyovYr2Amt>
        <TotalExcessDistributionCyovAmt>11555</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>26383</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>26383</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>611</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>611</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>10944</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>10944</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>10944</ExcessFromYear2Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>KEITH E LEMERE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O WISNIEWSKI LAW OFFICE</AddressLine1Txt>
            <AddressLine2Txt>812 EAST STATE STREET</AddressLine2Txt>
            <CityNm>MILWAUKEE</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>53202</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>4142769976</RecipientPhoneNum>
          <RecipientEmailAddressTxt>PLEASE WRITE</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>THE FOUNDATION DOES NOT REQUIRE A SPECIFIC APPLICATION FORMAT OR ANY PARTICULAR MATERIALS OTHER THAN AN EXPLANATION FOR THE PURPOSE OF THE PROPOSED GRANT AND A COPY OF THE PROPOSED GRANTEE'S IRS TAX EXEMPTION LETTER.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>ALL APPLICATIONS SHOULD BE SUBMITTED IN WRITING ON OR BEFORE OCTOBER 31ST OF EACH CALENDAR YEAR</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NO RESTRICTIONS OR LIMITATIONS ARE PLACED ON GRANTS OTHER THAN THAT WHICH IS REQUIRED TO MANTAIN THE FOUNDATION'S IRS APPROVED TAX EXEMPT STATUS</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GUNDERSEN LUTHERAN MED FD</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1836 SOUTH AVENUE</AddressLine1Txt>
            <CityNm>LACROSSE</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>54601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>MEDICAL RESEARCH</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FROEDTERT HOSPITAL FD</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>9200 WEST WISCONSIN AVE</AddressLine1Txt>
            <CityNm>MILWAUKEE</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>53226</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>MEDICAL RESEARCH</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>10000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <RelatedOrExemptFunctionIncmAmt>22</RelatedOrExemptFunctionIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <RelatedOrExemptFunctionIncmAmt>13677</RelatedOrExemptFunctionIncmAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>-40174</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>-26475</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>-26475</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <InvestmentsCorpStockSchedule documentId="RetDoc1">
      <InvestmentsCorporateStockGrp>
        <StockNm>RBC 916</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPS ETF TR</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JANUS INVT FD</StockNm>
        <EOYBookValueAmt>24219</EOYBookValueAmt>
        <EOYFMVAmt>58197</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPDR DOW JONES</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPDR S&amp;P ETF</StockNm>
        <EOYBookValueAmt>29905</EOYBookValueAmt>
        <EOYFMVAmt>70332</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DNP</StockNm>
        <EOYBookValueAmt>21860</EOYBookValueAmt>
        <EOYFMVAmt>20520</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CONSTELLATION</StockNm>
        <EOYBookValueAmt>21501</EOYBookValueAmt>
        <EOYFMVAmt>21905</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CATERPILLAR</StockNm>
        <EOYBookValueAmt>51599</EOYBookValueAmt>
        <EOYFMVAmt>67347</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKSTONE GROUP LP</StockNm>
        <EOYBookValueAmt>17998</EOYBookValueAmt>
        <EOYFMVAmt>32405</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>IBM</StockNm>
        <EOYBookValueAmt>26827</EOYBookValueAmt>
        <EOYFMVAmt>23288</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>QUALCOMM</StockNm>
        <EOYBookValueAmt>28114</EOYBookValueAmt>
        <EOYFMVAmt>64745</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE</StockNm>
        <EOYBookValueAmt>21812</EOYBookValueAmt>
        <EOYFMVAmt>26538</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BASIS ADJUSTMENTS</StockNm>
        <EOYBookValueAmt>1512</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RBC 918</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKSTONE GROUP LP</StockNm>
        <EOYBookValueAmt>15999</EOYBookValueAmt>
        <EOYFMVAmt>32405</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NVIDIA</StockNm>
        <EOYBookValueAmt>25016</EOYBookValueAmt>
        <EOYFMVAmt>52220</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>RBC INTL 916</CategoryOrItemTxt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GLAXOSMITHKLINE</CategoryOrItemTxt>
        <BookValueAmt>12330</BookValueAmt>
        <EOYFMVAmt>10672</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ROYAL DUTCH SHELL</CategoryOrItemTxt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>RBC INTL 918</CategoryOrItemTxt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>HSBC HOLDINGS</CategoryOrItemTxt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>RBC FIXED 918</CategoryOrItemTxt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ALLSTATE 6.25%</CategoryOrItemTxt>
        <BookValueAmt>10075</BookValueAmt>
        <EOYFMVAmt>11879</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DOUBLELINE</CategoryOrItemTxt>
        <BookValueAmt>24958</BookValueAmt>
        <EOYFMVAmt>19896</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PIMCO</CategoryOrItemTxt>
        <BookValueAmt>28077</BookValueAmt>
        <EOYFMVAmt>26775</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GSR MORTGAGE LN TRT</CategoryOrItemTxt>
        <BookValueAmt>28910</BookValueAmt>
        <EOYFMVAmt>31791</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WELLS FARGO 4.75%</CategoryOrItemTxt>
        <BookValueAmt>12500</BookValueAmt>
        <EOYFMVAmt>13210</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc3">
      <LegalFeesGrp>
        <CategoryTxt>WISNIEWSKI LAW OFFICE</CategoryTxt>
        <LegalFeesAmt>5000</LegalFeesAmt>
        <NetInvestmentIncomeAmt>2500</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2500</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc4">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WORKERS COMPENSATION INS</Desc>
        <RevenueAndExpensesPerBooksAmt>270</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>135</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>135</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>9</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>9</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc5">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>RBC INVESTMENT FEES</CategoryTxt>
        <Amt>3583</Amt>
        <NetInvestmentIncomeAmt>3583</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PAYROLL ACCOUNTANT</CategoryTxt>
        <Amt>520</Amt>
        <NetInvestmentIncomeAmt>260</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>260</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc6">
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAX</CategoryTxt>
        <Amt>1778</Amt>
        <NetInvestmentIncomeAmt>790</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>988</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
