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          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DEBRA LOCKE</PersonNm>
          <USAddress>
            <AddressLine1>PO BOX 186</AddressLine1>
            <City>RIDGEWAY</City>
            <State>WI</State>
            <ZIPCode>53582</ZIPCode>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>MALCOLM STACK FOUNDATION, INC WAS ORGANIZED AND OPERATES TO CONSERVE AND PRESERVE SIGNIFICANT NATURAL RESOURCES. THE FOUNDATION CONDUCTS THE FOLLOWING ACTIVITIES IN FURTHERANCE OF ITS EXEMPT PURPOSES:LAND CONSERVATION: THE FOUNDATION HAS 148 ACRES OF LAND THAT IS LOCATED WEST OF THE VILLAGE OF RIDGEWAY, IOWA COUNTY, WISCONSIN AND IS UNIQUE IN BOTH ITS GEOLOGICAL FORMATION AND PRISTINE HABITAT. CURRENTLY, THERE ARE NATURE TRAILS FOR WALKING AND HORSEBACK RIDING ON THE LAND. THE FOUNDATION WORKS TO PRESERVE THE LAND'S NATURAL BEAUTY THROUGH LAND MANAGEMENT TECHNIQUES AND MAINTENANCE ACTIVITIES.</Description1Txt>
        <Expenses1Amt>167575</Expenses1Amt>
        <Description2Txt>EQUESTRIAN ACTIVITIES: THE FOUNDATION SPONSORS AND HOSTS WORKSHOPS GIVEN BY VARIOUS NATIONAL AND REGIONAL EQUESTRIAN ASSOCIATIONS. THE WORKSHOPS ARE HELD ON THE LAND AND ARE OPEN TO INTERESTED AND QUALIFIED MEMBERS OF THE GENERAL PUBLIC.EDUCATIONAL ACTIVITIES: THE FOUNDATION PERIODICALLY MAKES THE LAND AVAILABLE TO ELEMENTARY AND SECONDARY SCHOOL-AGED CHILDREN AND OTHER CONSERVATION-ORIENTED NONPROFIT ORGANIZATIONS, TO STUDY VEGETATION AND LAND FORMATION THAT IS UNIQUE TO SOUTHWESTERN WISCONSIN.ADMINISTRATION BUILDING: THE ADMINISTRATION BUILDING WAS BUILT ON THE LAND FOR USE IN THE FOUNDATION'S EXEMPT PURPOSES. FOR A NOMINAL FEE, THE FOUNDATION PROVIDES VARIOUS NON-PROFIT, CONSERVATION ORGANIZATIONS WITH ACCESS TO ITS ADMINISTRATION BUILDING FOR ORGANIZATIONAL MEETINGS OR FOR A PLACE TO STUDY THE NATURAL HABITAT OF THE LAND.</Description2Txt>
        <Expenses2Amt>23617</Expenses2Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>4739753</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>267832</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>5007585</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>5007585</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>75114</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>4932471</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>246624</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>156418</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>10799</CharitableAssetsAcquisPaidAmt>
        <QualifyingDistributionsAmt>167217</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>167217</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <PrivateOperatingFoundationsGrp>
        <PrivateOperatingFndtnRulingDt>2001-06-18</PrivateOperatingFndtnRulingDt>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>93366</CurrentYearAmt>
          <Year1Amt>83442</Year1Amt>
          <Year2Amt>88155</Year2Amt>
          <Year3Amt>103512</Year3Amt>
          <TotalAmt>368475</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>79361</CurrentYearAmt>
          <Year1Amt>70926</Year1Amt>
          <Year2Amt>74932</Year2Amt>
          <Year3Amt>87985</Year3Amt>
          <TotalAmt>313204</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>167217</CurrentYearAmt>
          <Year1Amt>158160</Year1Amt>
          <Year2Amt>282407</Year2Amt>
          <Year3Amt>285509</Year3Amt>
          <TotalAmt>893293</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriNotUsedDrtGrp>
          <CurrentYearAmt>42870</CurrentYearAmt>
          <Year1Amt>50500</Year1Amt>
          <Year2Amt>78000</Year2Amt>
          <Year3Amt>80250</Year3Amt>
          <TotalAmt>251620</TotalAmt>
        </QualifyingDistriNotUsedDrtGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>124347</CurrentYearAmt>
          <Year1Amt>107660</Year1Amt>
          <Year2Amt>204407</Year2Amt>
          <Year3Amt>205259</Year3Amt>
          <TotalAmt>641673</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TotalAssetsGrp>
          <CurrentYearAmt>6940571</CurrentYearAmt>
          <Year1Amt>6188615</Year1Amt>
          <Year2Amt>6237370</Year2Amt>
          <Year3Amt>6518401</Year3Amt>
          <TotalAmt>25884957</TotalAmt>
        </TotalAssetsGrp>
        <TotalAssetsSect4942j3BiGrp>
          <CurrentYearAmt>993353</CurrentYearAmt>
          <Year1Amt>977935</Year1Amt>
          <Year2Amt>1892535</Year2Amt>
          <Year3Amt>1873874</Year3Amt>
          <TotalAmt>5737697</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>164416</CurrentYearAmt>
          <Year1Amt>150283</Year1Amt>
          <Year2Amt>152289</Year2Amt>
          <Year3Amt>151110</Year3Amt>
          <TotalAmt>618098</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
        <TotalSupportGrp>
          <TotalAmt>0</TotalAmt>
        </TotalSupportGrp>
        <PublicSupportType>
          <TotalAmt>0</TotalAmt>
        </PublicSupportType>
        <LargestSupportFromEOGrp>
          <TotalAmt>0</TotalAmt>
        </LargestSupportFromEOGrp>
        <GrossInvestmentIncomeGrp>
          <TotalAmt>0</TotalAmt>
        </GrossInvestmentIncomeGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>BLUE MOUNDS AREA PROJECT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 332</AddressLine1>
            <City>MT HOREB</City>
            <State>WI</State>
            <ZIPCode>53572</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>300</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN PLAYERS THEATRE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5950 GOLF COURSE RD</AddressLine1>
            <City>SPRING GREEN</City>
            <State>WI</State>
            <ZIPCode>53588</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>CARROLL UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>100 NE AVE</AddressLine1>
            <City>WAUKESHA</City>
            <State>WI</State>
            <ZIPCode>53186</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>SCHOLARSHIP</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>DAVIS PHINNEY FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1722 14TH ST SUITE 150</AddressLine1>
            <City>BOULDER</City>
            <State>CO</State>
            <ZIPCode>80302</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>UW PLATTEVILLE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 UNIVERSITY PLAZA</AddressLine1>
            <City>PLATTEVILLE</City>
            <State>WI</State>
            <ZIPCode>53818</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>SCHOLARSHIP</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>DRIFTLESS LAND CONSERVANCY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>338 N IOWA ST</AddressLine1>
            <City>DODGEVILLE</City>
            <State>WI</State>
            <ZIPCode>53533</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>CARBONE CENTER CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>600 HIGHLAND AVE</AddressLine1>
            <City>MADISON</City>
            <State>WI</State>
            <ZIPCode>53792</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>EVANS SCHOLARS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 BRIAR RD</AddressLine1>
            <City>GOLF</City>
            <State>IL</State>
            <ZIPCode>60029</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3700</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>VERONA SCHOOL DISTRICT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>700 N MAIN STREET</AddressLine1>
            <City>VERONA</City>
            <State>WI</State>
            <ZIPCode>53593</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>170</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIENDS OF MSCR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3802 REGENT ST</AddressLine1>
            <City>MADISON</City>
            <State>WI</State>
            <ZIPCode>53705</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>OCCUPAWS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 45857</AddressLine1>
            <City>MADISON</City>
            <State>WI</State>
            <ZIPCode>53744</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>PLANNED PARENTHOOD OF WISCONSIN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>111 KING ST</AddressLine1>
            <City>MADISON</City>
            <State>WI</State>
            <ZIPCode>53703</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>UW FOUNDATION LUNG CANCER DEPARTMENT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1848 UNIVERSITY AVE</AddressLine1>
            <City>MADISON</City>
            <State>WI</State>
            <ZIPCode>53726</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>42870</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>152763</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>204791</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>FEDERAL CONSERVATION RESERVE PROGRAM</Desc>
          <RelatedOrExemptFunctionIncmAmt>1992</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>357554</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>1992</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>359546</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>11A</LineNumberTxt>
          <RelationshipStatementTxt>FEDERAL CONSERVATION RESERVE PROGRAM</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>MEICHER &amp; ASSOCIATES</CategoryTxt>
        <Amt>8547</Amt>
        <NetInvestmentIncomeAmt>8547</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>8547</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>PLUMB - SEE STATEMENT</BondNm>
        <EOYBookValueAmt>795981</EOYBookValueAmt>
        <EOYFMVAmt>792913</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BAIRD 1246-3795 - SEE STATEMENT</BondNm>
        <EOYBookValueAmt>609077</EOYBookValueAmt>
        <EOYFMVAmt>612529</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>PLUMB - SEE STATEMENT</StockNm>
        <EOYBookValueAmt>1438369</EOYBookValueAmt>
        <EOYFMVAmt>2020345</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BAIRD 1246-3795 - SEE STATEMENT</StockNm>
        <EOYBookValueAmt>653094</EOYBookValueAmt>
        <EOYFMVAmt>948449</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BAIRD 3669-9532 - SEE STATEMENT</StockNm>
        <EOYBookValueAmt>168149</EOYBookValueAmt>
        <EOYFMVAmt>259861</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BAIRD 4770-8664 - SEE STATEMENT</StockNm>
        <EOYBookValueAmt>177432</EOYBookValueAmt>
        <EOYFMVAmt>214171</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PLUMB - SEE STATEMENT</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>305149</BookValueAmt>
        <EOYFMVAmt>342490</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>QUARLES AND BRADY</CategoryTxt>
        <LegalFeesAmt>3490</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3490</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
      <LegalFeesGrp>
        <CategoryTxt>MICHAEL, BEST &amp; FRIEDRICH</CategoryTxt>
        <LegalFeesAmt>1067</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1067</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>UTILITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>6697</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6697</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>6544</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6544</DisbursementsCharitablePrpsAmt>
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        <Desc>TELEPHONE &amp; INTERNET</Desc>
        <RevenueAndExpensesPerBooksAmt>564</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>564</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES AND EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>1811</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>128</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>128</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1683</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>10445</RevenueAndExpensesPerBooksAmt>
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        <DisbursementsCharitablePrpsAmt>10445</DisbursementsCharitablePrpsAmt>
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    </OtherExpensesSchedule>
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        <RevenueAndExpensesPerBooksAmt>1992</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>1992</AdjustedNetIncomeAmt>
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        <CategoryTxt>BAIRD INVESTMENT FEES</CategoryTxt>
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        <NetInvestmentIncomeAmt>24076</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>24076</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherProfessionalFeesDetail>
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        <AdjustedNetIncomeAmt>29664</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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        <CategoryTxt>REAL ESTATE TAXES</CategoryTxt>
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      <TaxesDetail>
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      <TaxesDetail>
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        <NetInvestmentIncomeAmt>2000</NetInvestmentIncomeAmt>
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