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    <Timestamp>2012-05-03T16:48:24-00:00</Timestamp>
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      </PreparerFirmBusinessName>
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        <City>Greendale</City>
        <State>WI</State>
        <ZIPCode>531292011</ZIPCode>
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    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
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      <Name>
        <BusinessNameLine1>Krainz Foundation Inc</BusinessNameLine1>
      </Name>
      <NameControl>KRAI</NameControl>
      <Phone>4144217087</Phone>
      <USAddress>
        <AddressLine1>4940 Steeple Drive</AddressLine1>
        <City>Greendale</City>
        <State>WI</State>
        <ZIPCode>531292011</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Dale G Martin</Name>
      <Title>Treasurer</Title>
      <Phone>4144217087</Phone>
      <DateSigned>2012-05-05</DateSigned>
      <AuthorizeThirdParty>false</AuthorizeThirdParty>
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    <Preparer>
      <Name>Dale Martin</Name>
      <Phone>4144217087</Phone>
      <DatePrepared>2012-05-03</DatePrepared>
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      <MethodOfAccountingCash>X</MethodOfAccountingCash>
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      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>4234</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>90570</NoncharitableAssetsYear1>
        <DistributionRatioYear1>000.046748</DistributionRatioYear1>
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        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
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        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <BooksInCareOfPersonName>Dale G Martin Treasurer</BooksInCareOfPersonName>
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        <BooksInCareOfUSAddress>
          <AddressLine1>4940 Steeple Drive</AddressLine1>
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        <ForeignBank>false</ForeignBank>
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        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
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        <ActsFailToQualifyAsExceptions>false</ActsFailToQualifyAsExceptions>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
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        <BusinessHoldings>false</BusinessHoldings>
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      <OfcrDirTrusteesKeyEmployeeInfo>
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          <USAddress>
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            <State>FL</State>
            <ZIPCode>342103301</ZIPCode>
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          <Title>President</Title>
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        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Katherine E Krainz</PersonName>
          <USAddress>
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            <State>FL</State>
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          <Title>Vice Pres</Title>
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        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Gertrude M Martin</PersonName>
          <USAddress>
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            <State>WI</State>
            <ZIPCode>531292011</ZIPCode>
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          <Title>Secretary</Title>
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        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
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          <USAddress>
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          </USAddress>
          <Title>Treasurer</Title>
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        </OfcrDirTrusteesOrKeyEmployee>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <DistributableAmount>
        <TaxBasedOnInvestmentIncome>18</TaxBasedOnInvestmentIncome>
        <TotalTax>18</TotalTax>
        <DistributableAmountBeforeAdj>18</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>18</RecoveriesQlfyDistributions>
        <DistributableAmountAsAdjusted>0</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
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        <QualifyingDistributions>4589</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>18</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>4571</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>0</DistributableAmountAsAdjusted>
        <PriorYear1>2007</PriorYear1>
        <PriorYear2>2008</PriorYear2>
        <PriorYear3>2009</PriorYear3>
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        <ExcessDistriCarryoverYear2>22</ExcessDistriCarryoverYear2>
        <TotalExcessDistriCarryover>22</TotalExcessDistriCarryover>
        <QualifyingDistributions>4589</QualifyingDistributions>
        <TotalCorpus>22</TotalCorpus>
        <PriorYearUndistributedIncome>1207</PriorYearUndistributedIncome>
        <TaxableAmount1>1207</TaxableAmount1>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>22</ExcessDistriCyovToNextYear>
        <ExcessFromYear2>22</ExcessFromYear2>
      </UndistributedIncome>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>American Red Cross</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2905 59th Street W</AddressLine1>
            <City>Bradenton</City>
            <State>FL</State>
            <ZIPCode>34209</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <PurposeOfGrantOrContribution>Charity</PurposeOfGrantOrContribution>
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        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Humane Society</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
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            <City>Bradenton</City>
            <State>FL</State>
            <ZIPCode>34205</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <PurposeOfGrantOrContribution>Charity</PurposeOfGrantOrContribution>
          <Amount>200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Bradenton Food Bank</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>811 23rd Avenue East</AddressLine1>
            <City>Bradenton</City>
            <State>FL</State>
            <ZIPCode>34205</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <PurposeOfGrantOrContribution>Charity</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Salvation Army</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2415 Tamiami Trail</AddressLine1>
            <City>Bradenton</City>
            <State>FL</State>
            <ZIPCode>34205</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <PurposeOfGrantOrContribution>Charity</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>National Audubon Society</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>410 S Ware Blvd</AddressLine1>
            <City>Tampa</City>
            <State>FL</State>
            <ZIPCode>33602</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <PurposeOfGrantOrContribution>Charity</PurposeOfGrantOrContribution>
          <Amount>50</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Easter Seals</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
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            <City>Sarasota</City>
            <State>FL</State>
            <ZIPCode>34243</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <PurposeOfGrantOrContribution>Charity</PurposeOfGrantOrContribution>
          <Amount>25</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNICEF</BusinessNameLine1>
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          <RecipientUSAddress>
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            <City>New York</City>
            <State>NY</State>
            <ZIPCode>10038</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <PurposeOfGrantOrContribution>Charity</PurposeOfGrantOrContribution>
          <Amount>25</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Care</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>151 Ellis Street NE</AddressLine1>
            <City>Atlanta</City>
            <State>GA</State>
            <ZIPCode>30303</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
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        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Bradenton Meals on Wheels</BusinessNameLine1>
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            <State>FL</State>
            <ZIPCode>34208</ZIPCode>
          </RecipientUSAddress>
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            <BusinessNameLine1>Season of Sharing</BusinessNameLine1>
          </RecipientBusinessName>
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            <State>FL</State>
            <ZIPCode>34230</ZIPCode>
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        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
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        <Category>Dale G. Martin, CPA</Category>
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        <NetInvestmentIncome>240</NetInvestmentIncome>
        <AdjustedNetIncome>240</AdjustedNetIncome>
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    </AccountingFeesSchedule>
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        <EOYFMV>8895</EOYFMV>
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      <InvestmentsCorpStock>
        <NameOfStock>100 shares of MGE Energy</NameOfStock>
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        <EOYFMV>4677</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>300 shares of Realty Income</NameOfStock>
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        <EOYFMV>20976</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>400 shares of Reynolds American</NameOfStock>
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        <EOYFMV>16568</EOYFMV>
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      <InvestmentsCorpStock>
        <NameOfStock>475 shares of Teco Energy Pfd 9.5</NameOfStock>
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        <EOYFMV>9092</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>200 shares of Pfizer</NameOfStock>
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        <EOYFMV>4328</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>100 shares of Chevron Texaco</NameOfStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>207 shares of Kraft Foods</NameOfStock>
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        <EOYFMV>7734</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>150 shares of Spectra Enegy</NameOfStock>
        <EOYBookValue>3432</EOYBookValue>
        <EOYFMV>4612</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>300 shares of Philip Morris International</NameOfStock>
        <EOYBookValue>7408</EOYBookValue>
        <EOYFMV>23544</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="990PF:79" softwareId="11000218" softwareVersion="2011.0.0">
      <OtherExpenses>
        <Description>Filing fee</Description>
        <RevenueAndExpensesPerBooks>35</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>35</NetInvestmentIncome>
        <AdjustedNetIncome>35</AdjustedNetIncome>
        <DisbursementsCharitablePrps>35</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="990PF:78" softwareId="11000218" softwareVersion="2011.0.0">
      <Taxes>
        <Category>Tax on investment income</Category>
        <Amount>14</Amount>
        <NetInvestmentIncome>14</NetInvestmentIncome>
        <AdjustedNetIncome>14</AdjustedNetIncome>
        <DisbursementsCharitablePrps>14</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>