990-PF Return of Private Foundatio
Total Page:16
File Type:pdf, Size:1020Kb
TENSION GRANTED TO 11/17 Form '990-PF Return of Private Foundatio. OMB No 1545-0052 or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service (77) 2007 Note: The foundation may be able to use a copy of this return to satisfy state reporting requirements For calendar year 2007, or tax year beginning , and ending 11 n nti....b ,. u ,k..r .. .. r... I1 1--i ... ,. 11 [.....r .,a, I A... ...1...1 r.,1- I1 A ,Id. nhonnn I I f\I^ma rhannn Name of foundation A Employer identification number Use the IRS label. Otherwise, AIRD FOUNDATION , INC. 39-6107937 print Number and street (or P 0 box number if mail is not delivered to street address ) Room/sude B Telephone number or type 777 EAST WISCONSIN AVENUE ( 414 ) 765-3500 See Specific City or town, state, and ZIP code C If exemption application is pending , check here Instructions M ILWAUKEE , WI 5 3 2 0 2 D 1 Foreign organizations, check here Po-E] 2. Foreign organizations meeting the 85 % test, H Check type of organization: ® Section 501(c)(3) exempt private foundation check here and attach computation charitable trust fl Other taxable rivate foundation Section 4947( a)( 1 ) nonexem pt p E If p rivate foundation status was terminated I Fair market value of all assets at end of year J Accounting method: 0 Cash ® Accrual under section 507(b)(1)(A), check here (from Part ll, col (c), line 16) 0 Other (specify) F If the foundation is in a 60-month termination No. $ 18 2 7 9 411. (Part 1, column (d) must be on cash basis) under section 507 ( b )( 1 B), check here lop, Part I Analysis of Revenue and Expenses (a) Revenue and (b ) Net investment (c) Adjusted net ( d) Disbursements (The total of amounts in columns (b), (c), and (d) may not for charitable purposes necessarily equal the amounts in column (a)) expenses per books income income (cash basis only) 1 Contributions, gifts, grants, etc., received 25 , 568 . N / A 2 Check ► O It the foundation is not required to attachSch B Interest on savings and temporary 3 cash investments 14 , 019. 14 , 019. STATEMENT 1 4 Dividends and interest from securities 339 , 705. 339 , 705. STATEMENT 2 5a Gross rents b Net rental income or (loss) , 6a Net gain or (loss) from sale of assets not on line 10 654 , 371. M b Gross sales price for all assets on line Be 2 i 4 2 2,9 7 7. 7 Capital gain net income (from Part IV, line 2) 654 , 371. REG 9% Iff-M °C 8 Net short-term capital gain 9 In come modifiless ca t ions sal es less ret u rns 10a and allowances N OV 2 b Less Cost of goods sold cm 0 c Gross profit or (loss) 0 cV 11 Other income ' 11.15 12 Total Add lines 1 throu g h 11 1 , 033 , 663. 1 , 008 , 095. eq 13 Compensation of officers, directors , trustees, etc 0. 0. 0. 14 Other employee salaries and wages 0 771 15 Pension plans, employee benefits 16a Legal fees w w b Accounting fees X c Other professional fees 17 Interest 0 18 Taxes STMT 3 21 , 275. 0. 0. 19 Depreciation and depletion E 20 Occupancy < 21 Travel, conferences, and meetings r- 22 Printing and publications c 23 Other expenses STMT 4 208. 208. 0. ^v 24 Total operating and administrative , expenses . Add lines 13 through 23 21 483. 208. 0 . 0 25 Contributions, gifts, grants paid 1 8 2 9 499. 1 1 865 , 499. 26 Total expenses and disbursements. Add lines 24 and 25 1 , 850 , 982. 208. 1 , 865 , 499. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements -817 , 319. b Net investment income (if negative , enter -0-) 1 0 07 , 887. 1 0 c Adjusted net income (if negative, enter -0-) N / A LHA For Privacy Act and Paperwork Reduction Act Notice , see the instructionsons Form 990-PF (2007) 0 723501 02-20-08 LML 1 _as 11280828 756035 25017A 2007.06020 BAIRD FOUNDATION, INC. 25017A 11 Form 990-PF (2007) RATRD FoT79ATToN _ TNC - 0 39 -6107937 Page2 tlchId schedules and amounts In the description Beginning of year Endo year Part II Balance Sheets A column should betorend -ot-year amounts only (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 17 , 498. 250. 250. 2 Savings and temporary cash investments 198 , 679. 180 , 348. 180 , 348. 3 Accounts receivable ► Less: allowance for doubtful accounts ► 4 Pledges receivable ► 49 , 039. 49 , Less: allowance for doubtful accounts ► 9 , 441 , 660. 49 , 039. 039. 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other disqualified persons 7 Other notes and loans receivable ► Less: allowance for doubtful accounts ► 3 8 Inventories for sale or use 9 Prepaid expenses and deferred charges 10a Investments - U.S. and state government obligations b Investments - corporate stock $TMT 5 6 , 436 , 778. 13 , 608 , 199. 13 , 608 , 199. c Investments - corporate bonds STMT C 2 , 422 , 069. 4 , 441 , 575. 4 1 441 , 575. and equipment 11 Investments - land, buildings , basis ► Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other 14 Land, buildings, and equipment: basis ► Less accumulated depreciation ► 15 Other assets (describe ► 16 Total assets to be com p leted by all filers 18 , 516 , 684. 18 2 7 9 411. 18 , 279 , 411. 17 Accounts payable and accrued expenses 18 Grants payable 849 5 0 0. 813 , 500. v) 19 Deferred revenue `-^ 20 Loans from officers , directors , trustees, and other disqualified persons a 21 Mortgages and other notes payable J 22 Other liabilities (describe ► 23 Total liabilities add lines 17 throu g h 22 ) 849 , 500. 813 , 500. Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 17 , 667 , 184. 17 , 465 , 911. 12 25 Temporarily restricted m 26 Permanently restricted r_ Foundations that do not follow SFAS 117 , check here No. and complete lines 27 through 31 y 27 Capital stock, trust principal, or current funds ,°1n 28 Paid-in or capital surplus, or land, bldg., and equipment fund < 29 Retained earnings , accumulated income, endowment, or other funds z 30 Total net assets or fund balances 17 , 667 , 184. 17 , 465 , 911. 31 Total liabilities and net assets/fund balances 18 , 516 , 684. 18 , 279 , 411. Part III Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return) 2 Enter amount from Part 1, line 27a -oi I , J.L-7 3 Other increases not included in line 2 (itemize) ► UNREALI ZED GAIN ON INVESTMENTS 616, 046. 4 Add lines 1, 2, and 3 17,465, 911. 5 Decreases not included in line 2 (itemize) ► 0. 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II. column W. line 30 17,465, 9 11. Form 990-PF (2007) 723511 02-20-08 2 11280828 756035 25017A 2007.06020 BAIRD FOUNDATION, INC. 25017A_1 Form 990-PF 10 39-6107937 Page3 Part IV I Capital Gains and Losses for Tax on Investment Income (b How acquired (a) List and describe the kind(s) of property sold (e.g., real estate, "Date acquired (d) Date sold yr.) 2-story brick warehouse; or common stock, 200 shs. MLC Co.) D - Donation No., day, yr.) (mo., day, la b SEE ATTACHED STATEMENT c d e Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (e) Gross sales price (f) (or allowable) plus expense of sale (e) plus (f) minus (g) a b c d e 2 , 422 , 977. 1 1 , 768 , 606. 654 371. Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Col. (h) gain minus (j) Adjusted basis (k) Excess of col. (i) col. (k), but not less than -0-) or (i) F.M.V. as of 12/31/69 as of 12/31/69 over col. (j), if any Losses (from col. (h)) a b c d e 654 371. Part 7 If goyss e)I ernter in II, Ilinlinee 2 Capital gain net income or (net capital loss ) ^ If (los , eonter -0-- in Part , e 7 } 2 654 , 371. 3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6): If gain, also enter in Part I, line 8, column (c) If (loss), enter -0- in Part I, line 8 3 N / A Part y Uuaftttcation unaer section 4 S4U(e) Tor lieaucea i a x o n n et investment income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.) If section 4940( d)(2) applies, leave this part blank. Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes ® No If "Yes; the foundation does not qualify under section 4940 ( e). Do not complete this part. 1 Fnter the anoroonate amount in each column for each year : see instructions before making any entries. ( d) ratio Base period years Distribution Calendar year ( or tax year be g inning m Adjusted qualimg distributions Net value of noncha)r^table use assets (col.