Form 1023

FORM 1023 Application for Recognition of Exemption
Under 501(c)(3) of the Internal Revenue Code

MAHUNT
5906 Main Street
McFarland, WI 53558
EIN 39-1962426

ATTACHMENT G

Part III - Technical Requirements

Item 9.h. The following table sets forth reasonable estimates of anticipated charitable contributions and other resources to fund the MAHUNT Foundation for the first five years of its operation.

Type of Contribution	Year
	1999	2000	2001	2002	2003	TOTAL

Disqualified Donors
Land	$250,000					$250,000
Cash	2,000	$30,000	$30,000	$30,000	$30,000	122,000
	500	20,000	20,000	20,000	20,000	80,500
	500					500
General Public Cash	50,000	50,000	60,000	80,000	100,000	340,000
Individuals Cash	5,000	5,000	5,000	5,000	20,000	40,000
	5,000	5,000	5,000	15,000		30.000
	5,000					5,000
	5,000					5,000
Public Charities Cash	30,000	30,000	30,000	30,000	30,000	150,000
Unusual Gifts Cash	0	0	50,000	0	0	50,000
Membership Fees	20,000	35,000	40,000	50,000	60,000	205,000
Entrance/Agri Fees	200	500	600	1,000	1,500	3,600
Investment Income	100	3,000	5,000	200	200	8,500
TOTAL	$373,300	$178,500	$245,600	$231,200	$261,700	$1,290,100
509(a)(1) Numerator	127,466	128,750	143,912	174,624	200,234	774,986
Calculation: Denominator	373,300	178,500	195,600	231,200	261,700	1,240,300
% Public Support	34.2%	72.1%	73.6%	75.5%	76.5%	62.5%

Mrs. Schneider will also make loans of $13,000 and $35,000 to the Foundation in the next month and upon receipt of recognition as a 501(c)(3) charitable foundation, respectively,. The cash and the loan will be used to cover costs of creating the Foundation, applying for 501(c)(3) recognition of exemption, filing costs, and initial fundraising expenses. The loan is anticipated to be for a two year period at an interest rate of 6% payable in quarterly installments that will equal 80% of the Foundation’s revenue from disqualified contributions, membership fees, public or 501(c)(3) organizations’ contributions and unusual gifts (if any) received during the preceding quarter. The loan and accrued interest may be prepaid at any time by the Foundation without penalty.

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