2023-10-09T18:18:09-05:00 2023-01-31 390859910 BAKER TILLY US LLP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2022-02-01 391579803 KOHLER TRUST FOR PRESERVATION KOHL 9204581972 725X WOODLAKE RD KOHLER WI 53044 LAURA KOHLER CHAIRPERSON 9204581972 2023-10-04 1 LAURA KOHLER 999009999 1 TROY MARINE CPA P00187863 4147775500 2023-10-04 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LAURA KOHLER 725X WOODLAKE RD KOHLER WI 53044 39753181 0 X N/A X 1990 WI TO SUPPORT THE LISTED BENEFICIARIES IN THEIR CONSERVATION AND PRESERVATION EFFORTS. 6 6 0 7 0 0 0 0 0 0 3437093 2703096 0 0 3437093 2703096 1648800 925000 0 0 0 0 0 0 0 221857 7859230 1870657 8784230 1566436 -6081134 13328615 5977422 0 0 13328615 5977422 X TO SUPPORT THE LISTED BENEFICIARIES IN THEIR CONSERVATION AND PRESERVATION EFFORTS. 0 0 300000 300000 CHOATE ROSEMARY HALL - DISTRIBUTE TRUST INCOME TO THE SCHOOL'S ENDOWMENT THAT SUPPORTS THE SCHOOL'S KOHLER ENVIRONMENTAL CENTER AND ITS CONSERVATION, PRESERVATION AND PROGRAMMING EFFORTS. 200000 200000 NATURE CONSERVANCY - WORKING FOR CLEAN WATER WITH WISCONSIN FARMERS. 200000 200000 WISCONSIN HISTORICAL SOCIETY - COLLECTIONS PRESERVATION, CARE, AND ACCESS; STORYLINE DEVELOPMENT; AND STATEWIDE ENGAGEMENT. 328270 225000 SUPPORTS CONSERVATION AND PRESERVATION EFFORTS AND PROGRAMS OF THE ORGANIZATIONS NAMED IN THE TRUST'S GOVERNING INSTRUMENT BY COORDINATING RELATIONSHIPS BETWEEN BENEFICIARIES, PROVIDING RESEARCH, AND DISTRIBUTING INCOME TO THEM. 328270 225000 1028270 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 1 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X WANDA BINTZLER 9204581972 725X WOODLAKE RD KOHLER WI 53044 X LAURA KOHLER CHAIRPERSON/TRUSTEE 0.10 X X 0 0 0 SUSAN FLADER TRUSTEE 0.10 X 0 0 0 CLAIRE HACKMANN SECRETARY/TRUSTEE 0.10 X X 0 0 0 MICHAEL REUTER TRUSTEE 0.10 X 0 0 0 TOM BOLDT TRUSTEE 0.10 X 0 0 0 DAVID KOHLER TRUSTEE 0.10 X 0 0 0 JEFFREY P CHENEY TREASURER 0.10 X 0 0 0 0 0 0 0 0 0 0 0 2297146 2297146 37456035 37050085 405950 405950 405950 2703096 0 0 2703096 925000 925000 139454 139454 9060 9060 10538 10538 1441 1441 IRS SETTLEMENT 7548055 7548055 OTHER PROGRAM EXPENSES 103270 103270 ADMINISTRATIVE EXPENSES 47412 47412 8784230 1028270 7755960 0 622 2329 11886 24466 9211690 1846210 4104417 4104417 13328615 5977422 0 0 X 13328615 5977422 13328615 5977422 13328615 5977422 -6081134 -1270059 0 X X 0 1 X 1 0 X X 7 WADE HOUSE A HISTORIC SITE OF THE STATE HISTORICAL SOCIETY 396006447 7 1 100000 0 CHOATE ROSEMARY HALL ENVIRONMENTAL LEARNING CENTER 060910420 2 1 300000 0 NATURE CONSERVANCY - WISCONSIN CHAPTER 530242652 7 1 200000 0 ALDO LEOPOLD FOUNDATION 391423225 7 1 75000 0 JOHN MICHAEL KOHLER ARTS CENTER 391085180 7 1 50000 0 WISCONSIN HISTORICAL SOCIETY 390921093 7 1 200000 0 FRANK LLOYD WRIGHT FOUNDATION 860197576 7 1 0 0 7 925000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: A MAJORITY OF KTP TRUSTEES ARE OFFICERS, DIRECTORS, TRUSTEES, SENIOR MANAGEMENT AND/OR HOLD A LEADERSHIP POSITION WITH AT LEAST ONE OF ITS LISTED BENEFICIARIES RECEIVING GRANTS. THE TRUST MAINTAINS A CLOSE, LONG-TERM, RESPONSIVE WORKING RELATIONSHIP WITH THE BENEFICIARIES, AS NOTED IN PART III OF FORM 990. THE BENEFICIARIES REMAIN IN REGULAR CONTACT WITH THE TRUST THROUGHOUT THE YEAR AND PROVIDE THE TRUSTEES UPDATES AS TO THE STATUS OF THEIR EFFORTS AND PROGRAMING SUPPORTED BY TRUST FUNDING, AND AS TO THEIR PARTICULAR FUNDING NEEDS. FREQUENTLY, SENIOR MANAGEMENT OF THE BENEFICIARIES ATTENDS THE TRUST'S ANNUAL MEETING. 0 KOHLER CO. STOCK 4104417 C 4104417 X 1422499 -1270059 -1270059 2692558 10538 10538 2703096 8773692 0 8773692 10538 10538 8784230 PART X, LINE 2: THE TRUST HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE DATED JULY 23, 1990, RULING THAT THE TRUST QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW AND ACCORDINGLY IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAX. THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS, ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TRUST RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED, UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. WITH FEW EXCEPTIONS, THE TRUST IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS ENDING BEFORE 2020 (2019 FOR THE STATE OF WISCONSIN). ON MARCH 22, 2018, COMMUNICATION WAS RECEIVED FROM THE INTERNAL REVENUE SERVICES (IRS), NOTIFYING THE TRUST THAT IT HAD BEEN SELECTED FOR AUDIT RELATED TO THE JANUARY 31, 2016 FILING YEAR. THE AUDIT WAS COMPLETED DURING 2020 AND THE AUDIT DETERMINED THAT THE TRUST IS A PRIVATE FOUNDATION DESCRIBED UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE EFFECTIVE FEBRUARY 1, 2015. THE TRUST EXHAUSTED ALL AVAILABLE REMEDIES FOR THE MATTER WITH THE IRS AND PETITIONED THE UNITED STATES TAX COURT REGARDING THE TRUST'S CONTINUING CLASSIFICATION AS A SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3). THE TRUST AND THE IRS REACHED A SETTLEMENT TO SATISFACTORILY CONCLUDE THE AUDIT WITH PAYMENT MADE TO THE IRS ON JANUARY 27, 2023 AND UPON THE IRS DETERMINING KTP SATISFIED THE REQUIREMENTS OF A TYPE II SUPPORTING ORGANIZATION. THE TRUST MAINTAINS IT CLASSIFICATION AS A SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3). THE IRS SETTLEMENT IS REFLECTED AS AN EXPENSE ON THE STATEMENTS OF REVENUES AND EXPENSES FOR THE YEAR ENDED JANUARY 31, 2023. 1 WADE HOUSE A HISTORIC SITE OF THE STATE HISTORICAL SOCIETY W7824 CENTER STREET GREENBUSH WI 53026 396006447 SECTION 501(C)(3) 100000 0 MARKETING & PROMOTION AND HORSE PROGRAM CHOATE ROSEMARY HALL 333 CHRISTIAN STREET WALLINGFORD CT 06492 060910420 SECTION 501(C)(3) 300000 0 CHOATE ROSEMARY HALL NATURE CONSERVANCY - WISCONSIN CHAPTER 633 MAIN STREET MADISON WI 53703 530242652 SECTION 501(C)(3) 200000 0 WORKING FOR CLEAN WATER WITH WISCONSIN FARMERS ALDO LEOPOLD FOUNDATION PO BOX 77 BARABOO WI 53913 391423225 SECTION 501(C)(3) 75000 0 LEOPOLD PINES, PRAIRIE, AND SAND BLOW RESTORATION JOHN MICHAEL KOHLER ARTS CENTER INC 608 NEW YORK AVENUE SHEBOYGAN WI 53081 391085180 SECTION 501(C)(3) 50000 0 DATA GOVERNANCE WISCONSIN HISTORICAL SOCIETY 816 STATE STREET MADISON WI 53706 390921093 SECTION 501(C)(3) 200000 0 COLLECTIONS PRESERVATION, CARE, AND ACCESS; STORYLINE DEVELOPMENT; AND STATEWIDE ENGAGEMENT 6 0 PART I, LINE 2: A MAJORITY OF KTP TRUSTEES ARE OFFICERS, DIRECTORS, TRUSTEES, SENIOR MANAGEMENT AND/OR HOLD A LEADERSHIP POSITION WITH AT LEAST ONE OF ITS LISTED BENEFICIARIES RECEIVING GRANTS. THE TRUST IS IN REGULAR CONTACT WITH THE SUPPORTED ORGANIZATIONS THROUGHOUT THE YEAR. THE SUPPORTED ORGANIZATION'S SENIOR MANAGEMENT ATTEND THE TRUST'S ANNUAL MEETING AND PROVIDE THE TRUST ANNUAL FOLLOW UP REPORTS ON HOW THE GRANTS HAVE BEEN UTILIZED. FORM 990, PART VI, SECTION A, LINE 2 LAURA KOHLER IS SISTER TO DAVID KOHLER. FORM 990, PART VI, SECTION A, LINE 4 THE TRUST DOCUMENT WAS AMENDED DURING THE TAX YEAR AS A RESULT OF THE IRS AUDIT SETTLEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE 990 FORM IS REVIEWED BY THE CHAIR BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION C, LINE 19 FORMS ARE AVAILABLE UPON REQUEST WITH NOMINAL COPYING COSTS. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.