﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-09-07T12:27:52-07:00</Timestamp>
    <TaxPeriodEndDate>2011-04-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>M &amp; I TRUST CO NA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>11270 WEST PARK PLACE SUITE 400</AddressLine1>
        <City>MILWAUKEE</City>
        <State>WI</State>
        <ZIPCode>53224</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2010-05-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>396059626</EIN>
      <Name>
        <BusinessNameLine1>EARL AND EUGENIA QUIRK FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>EARL</NameControl>
      <Phone>9202610223</Phone>
      <USAddress>
        <AddressLine1>314 W MAIN ST</AddressLine1>
        <City>WATERTOWN</City>
        <State>WI</State>
        <ZIPCode>530947630</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>BRUCE D CONLEY</Name>
      <Title>PRESIDENT</Title>
      <Phone>9202610223</Phone>
      <DateSigned>2011-09-07</DateSigned>
    </Officer>
    <Preparer>
      <Name>CHRISTIAN T TENTONI</Name>
      <Phone>4148153500</Phone>
      <DatePrepared>2011-09-07</DatePrepared>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990PF documentId="00000001" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>3384116</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>95913</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>94962</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss referenceDocumentId="00000002" referenceDocumentName="GainLossFromSaleOtherAssetsSchedule">183860</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>922544</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>183860</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="00000006" referenceDocumentName="OtherIncomeSchedule2">11763</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>9620</OtherIncomeNetInvstIncm>
        <TotalRevenueAndExpenses>291536</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>288442</TotalNetInvestmentIncome>
        <LegalFeesRevAndExpnss referenceDocumentId="00000003" referenceDocumentName="LegalFeesSchedule">12000</LegalFeesRevAndExpnss>
        <LegalFeesDsbrsChrtblPrps>12000</LegalFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="00000007" referenceDocumentName="OtherProfessionalFeesSchedule">14524</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>14524</OtherProfFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="00000008" referenceDocumentName="TaxesSchedule">485</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>485</TaxesNetInvstIncm>
        <TravConfMeetingRevAndExpnss>2066</TravConfMeetingRevAndExpnss>
        <TravConfMeetingDsbrsChrtblPrps>2066</TravConfMeetingDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="00000005" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">10</OtherExpensesRevAndExpnss>
        <OtherExpensesDsbrsChrtblPrps>10</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>29085</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>15009</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>14076</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>201410</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>201410</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>230495</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>15009</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>215486</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>61041</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>273433</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>38087</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>40756</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>40756</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsOtherBOY>2490130</InvestmentsOtherBOY>
        <InvestmentsOtherEOY>2549262</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>3332196</InvestmentsOtherEOYFMV>
        <OtherAssetsEOYFMV>11164</OtherAssetsEOYFMV>
        <TotalAssetsBOY>2528217</TotalAssetsBOY>
        <TotalAssetsEOY>2590018</TotalAssetsEOY>
        <TotalAssetsEOYFMV>3384116</TotalAssetsEOYFMV>
        <OtherLiabilitiesEOY>1289</OtherLiabilitiesEOY>
        <TotalLiabilitiesEOY>1289</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>2528217</RetainedEarningsBOY>
        <RetainedEarningsEOY>2588729</RetainedEarningsEOY>
        <TotalNetAssetsBOY>2528217</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>2588729</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>2528217</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>2590018</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>2528217</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>61041</ExcessOfRevenueOverExpenses>
        <Subtotal>2589258</Subtotal>
        <OtherDecreases referenceDocumentId="00000004" referenceDocumentName="OtherDecreasesSchedule">529</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>2588729</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>SEE ATTACHED SCHEDULE</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2008-11-25</DateAcquired>
          <DateSold>2011-01-27</DateSold>
          <GrossSalesPrice>922544</GrossSalesPrice>
          <Depreciation>0</Depreciation>
          <CostOrOtherBasis>738684</CostOrOtherBasis>
          <GainOrLoss>183860</GainOrLoss>
          <FMVAsOf123169>0</FMVAsOf123169>
          <AdjustedBasisAsOf123169>0</AdjustedBasisAsOf123169>
          <ExcessOfFMVOverAdjustedBasis>0</ExcessOfFMVOverAdjustedBasis>
          <GainsMinusExcessOrLosses>183860</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>183860</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>182376</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>2940421</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.062024</DistributionRatioYear1>
        <QualifyingDistributionsYear2>152433</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>2829080</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.053881</DistributionRatioYear2>
        <QualifyingDistributionsYear3>93993</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>3579988</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.026255</DistributionRatioYear3>
        <QualifyingDistributionsYear4>198797</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>3579084</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.055544</DistributionRatioYear4>
        <QualifyingDistributionsYear5>89615</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>3344105</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.026798</DistributionRatioYear5>
        <TotalDistributionRatio>0.224502</TotalDistributionRatio>
        <AverageDistributionRatio>0.044900</AverageDistributionRatio>
        <NetNoncharitableAssets>3070557</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>137868</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>2734</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>140602</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>215486</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>2734</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>2734</Subtotal>
        <TaxBasedOnInvestmentIncome>2734</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>1448</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>1448</TotalCreditsAndPayments>
        <TaxPaidOriginalReturn>1448</TaxPaidOriginalReturn>
        <TaxDue>1286</TaxDue>
        <AmountCreditedToNextYear>0</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>WI</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>M&amp;I TRUST CO NA</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>6082322005</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>401 N SEGOE RD</AddressLine1>
          <City>MADISON</City>
          <State>WI</State>
          <ZIPCode>53705</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>true</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <ActsFailToQualifyAsExceptions>false</ActsFailToQualifyAsExceptions>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>BRUCE D CONLEY</PersonName>
          <USAddress>
            <AddressLine1>314 WEST MAIN STREET SUITE 11</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </USAddress>
          <Title>President &amp; Director</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>649</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>LINDA J QUIRK</PersonName>
          <USAddress>
            <AddressLine1>314 WEST MAIN STREET SUITE 11</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>267</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ANNE M CONLEY</PersonName>
          <USAddress>
            <AddressLine1>314 WEST MAIN STREET SUITE 11</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JACQUELINE A QUIRK</PersonName>
          <USAddress>
            <AddressLine1>314 WEST MAIN STREET SUITE 11</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </USAddress>
          <Title>Secretary &amp; Director</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>285</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>LISA L CONLEY</PersonName>
          <USAddress>
            <AddressLine1>314 WEST MAIN STREET SUITE 11</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>0.75</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>PAMELA QUIRK-BECKER</PersonName>
          <USAddress>
            <AddressLine1>314 WEST MAIN STREET SUITE 11</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </USAddress>
          <Title>Treasurer &amp; Director</Title>
          <AvgHoursPerWkDevotedToPosition>0.75</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>452</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ROBERTA J QUIRK</PersonName>
          <USAddress>
            <AddressLine1>314 WEST MAIN STREET SUITE 11</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </USAddress>
          <Title>VICE PRESIDENT &amp; DIR</Title>
          <AvgHoursPerWkDevotedToPosition>0.75</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>279</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>3117317</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>0</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>3117317</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>3117317</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>46760</CashDeemedCharitable>
        <NetNoncharitableAssets>3070557</NetNoncharitableAssets>
        <MinimumInvestmentReturn>153528</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>153528</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>2734</TaxBasedOnInvestmentIncome>
        <TotalTax>2734</TotalTax>
        <DistributableAmountBeforeAdj>150794</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>150794</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>150794</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>215486</ExpensesAndContributions>
        <QualifyingDistributions>215486</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>2734</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>212752</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>150794</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>61869</UndistributedIncomePriorYear>
        <QualifyingDistributions>215486</QualifyingDistributions>
        <AppliedToYear1>61869</AppliedToYear1>
        <AppliedToCurrentYear>150794</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>2823</RemainingDistriFromCorpus>
        <TotalCorpus>2823</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>2823</ExcessDistriCyovToNextYear>
        <ExcessFromCurrentYear>2823</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>EUGENIA B QUIRK DECEASED AND CATHER</ContributingManager>
        <ShareholderManager>NONE</ShareholderManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CITY OF WATERTOWN - PARK RECREATION AND FORESTRY DEPT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>515 S FIRST ST</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>City</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Park improvements</PurposeOfGrantOrContribution>
          <Amount>81400</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TOWN AND COUNTRY YMCA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1750 E VALLEY RD</AddressLine1>
            <City>OCONOMOWOC</City>
            <State>WI</State>
            <ZIPCode>53066</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>After school program</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WATERTOWN FAMILY AID ASSOCIATION INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>514 S FIRST ST</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Food &amp; Clothing</PurposeOfGrantOrContribution>
          <Amount>13000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BIG BROTHERS BIG SISTERS OF DODGE COUNTY AND WATERTOWN COMMUNITY INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>415 S EIGHTH ST</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Lunch Program</PurposeOfGrantOrContribution>
          <Amount>8000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DODGE-JEFFERSON HEALTHIER COMMUNITY PARTNERSHIP INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>415 S EIGHTH ST</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Cares Clinic</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COUNCIL FOR THE PERFORMING ARTS INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>100 N MAIN STREET SUITE A</AddressLine1>
            <City>JEFFERSON</City>
            <State>WI</State>
            <ZIPCode>53549</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Concerts</PurposeOfGrantOrContribution>
          <Amount>9000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEFFERSON COUNTY LITERACY COUNCIL INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>112 S MAIN ST</AddressLine1>
            <City>JEFFERSON</City>
            <State>WI</State>
            <ZIPCode>53549</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Office Support</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WATERTOWN CONCERT SERIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1142 N FOURTH ST</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53098</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Concerts</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WATERTOWN FOOD PANTRY INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>204 N TENTH ST</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Food</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WATERTOWN HUMANE SOCIETY INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>418 WATER TOWER CT</AddressLine1>
            <City>WATERTWON</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WATERTOWN UNIFIED SCHOOL DISTRICT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>111 DODGE ST</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Band uniforms</PurposeOfGrantOrContribution>
          <Amount>29510</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>VSA ARTS OF WISCONSIN INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4785 HAYES ROAD SUITE 201</AddressLine1>
            <City>MADISON</City>
            <State>WI</State>
            <ZIPCode>53704</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Support</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TOWN &amp; COUNTRY RESOURCE CONSERVATION &amp; DEVELOPMENT INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 333</AddressLine1>
            <City>JEFFERSON</City>
            <State>WI</State>
            <ZIPCode>53549</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Operation Expansion</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HERITAGE MILITARY MUSIC FOUNDATION INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>504 S 4TH ST</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Roof repairs</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WATERTOWN FAMILY CENTER INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>415 S 8TH ST</AddressLine1>
            <City>WATERTOWN</City>
            <State>WI</State>
            <ZIPCode>53094</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Public</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Support</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>201410</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>95913</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <OtherInvestmentIncomePartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>8998</ExclusionAmount>
        </OtherInvestmentIncomePartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>183860</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>288771</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>288771</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <GainLossSaleOtherAssetsSch documentId="00000002">
      <GainLossSaleOtherAsset>
        <Name>SEE ATTACHED SCHEDULE</Name>
        <DateAcquired>2008-11</DateAcquired>
        <HowAcquired>Purchased</HowAcquired>
        <DateSold>2011-01</DateSold>
        <GrossSalesPrice>922544</GrossSalesPrice>
        <Basis>738684</Basis>
        <TotalNet>183860</TotalNet>
      </GainLossSaleOtherAsset>
    </GainLossSaleOtherAssetsSch>
    <LegalFeesSchedule documentId="00000003">
      <LegalFees>
        <Category>Claude C Held II, Attorney Legal</Category>
        <Amount>12000</Amount>
        <DisbursementsCharitablePrps>12000</DisbursementsCharitablePrps>
      </LegalFees>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="00000004">
      <OtherDecreases>
        <Description>Accrued interest paid on bond purchase</Description>
        <Amount>529</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="00000005">
      <OtherExpenses>
        <Description>Annual Report Filing Fee</Description>
        <RevenueAndExpensesPerBooks>10</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>10</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="00000006">
      <OtherIncome>
        <Description>CAPITAL GAIN DIVS</Description>
        <RevenueAndExpensesPerBooks>8998</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>8998</NetInvestmentIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>CLASS ACTION SETTLEMENTS</Description>
        <RevenueAndExpensesPerBooks>622</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>622</NetInvestmentIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>FED TAX REFUND</Description>
        <RevenueAndExpensesPerBooks>2143</RevenueAndExpensesPerBooks>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="00000007">
      <OtherProfessionalFees>
        <Category>Marshall &amp; Ilsley Trust Co., NA Professional Services</Category>
        <Amount>14524</Amount>
        <NetInvestmentIncome>14524</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="00000008">
      <Taxes>
        <Category>Foreign Tax on Investment Income</Category>
        <Amount>485</Amount>
        <NetInvestmentIncome>485</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>