Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
ZOLLNER FOUNDATION
WELLS FARGO BANK NA (MAC N8000-027

Number and street (or P.O. box number if mail is not delivered to street address)1919 DOUGLAS STREET 2ND FLOOR   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OMAHA, NE68102
A Employer identification number

35-6381471
B Telephone number (see instructions)

(260) 461-6000
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$10,686,213J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 255,994 246,595  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 340,697
b Gross sales price for all assets on line 6a 2,955,210
7 Capital gain net income (from Part IV, line 2)... 207,103
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 2,416    
12 Total. Add lines 1 through 11........ 599,107 453,698  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 106,129     26,532
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,500     1,500
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,906      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 56      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 116,591 0   28,032
25 Contributions, gifts, grants paid........ 529,600 529,600
26 Total expenses and disbursements. Add lines 24 and 25 646,191 0   557,632
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -47,084
b Net investment income (if negative, enter -0-) 453,698
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 329,061 375,446 375,446
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 192,773 192,773 193,365
b Investments—corporate stock (attach schedule)........ 1,518,543 Click to see attachment1,681,078 2,524,905
c Investments—corporate bonds (attach schedule)........ 881,667 Click to see attachment773,810 780,427
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 6,396,225 Click to see attachment6,241,557 6,812,070
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,318,269 9,264,664 10,686,213
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 9,318,269 9,264,664
30 Total net assets or fund balances (see instructions)...... 9,318,269 9,264,664
31 Total liabilities and net assets/fund balances (see instructions).. 9,318,269 9,264,664
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)............... 1 9,318,269
2 Enter amount from Part I, line 27a..................... 2 -47,084
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 9,271,185
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 6,521
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 9,264,664
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 3M CO P 2010-12-17 2014-02-12
b APACHE CORP P 2012-04-23 2014-03-10
c CHEVRON CORP P 2011-02-11 2014-03-10
d DREYFUS EMG MKT DEBT LOC C-I 6083 P 2012-10-04 2014-03-06
e GILEAD SCIENCES INC P 2014-05-09 2014-09-15
JP MORGAN MID CAP VALUE-I 758 P   2014-12-16
PIMCO EMERG MKTS BD-INST 137 P   2014-12-12
TARGET CORP P 2008-12-05 2014-12-23
VR GENERAL ELEC CAP 0.945% 4/02/18 P 2013-03-25 2014-10-03
3M CO P 2010-12-17 2014-03-10
APPLE INC P 2013-01-29 2014-03-10
CHEVRON CORP P 2011-02-11 2014-11-28
DREYFUS EMG MKT DEBT LOC C-I 6083 P 2012-09-12 2014-03-06
GILEAD SCIENCES INC P 2011-12-08 2014-09-15
JPMORGAN CHASE & CO P 2011-02-11 2014-03-10
PIMCO EMERGING LOCAL BOND IS 332 P 2012-10-04 2014-10-01
TEMPLETON FRONTIER MOARKET-AD 674 P   2014-12-12
WALT DISNEY CO P 2011-02-11 2014-02-12
3M CO P 2010-12-17 2014-08-11
APPLE INC P 2008-10-07 2014-03-10
CHEVRON CORP P 2014-05-09 2014-11-28
E M C CORP MASS P 2010-12-02 2014-03-10
GOLDMAN SACHS GROUP 5.950% 1/18/18 P 2011-11-04 2014-03-10
JPMORGAN HIGH YIELD FUND SS 3580 P   2014-12-16
PIMCO EMERGING LOCAL BOND IS 332 P 2012-11-20 2014-10-01
THERMO FISHER SCIENTIFIC INC P 2011-02-24 2014-03-10
WALT DISNEY CO P 2011-02-11 2014-03-10
3M CO P 2014-05-09 2014-08-11
AQR MANAGED FUTURES P   2014-12-23
CISCO SYSTEMS INC P 2011-02-24 2014-03-10
EATON CORP PLC P 2012-12-03 2014-03-10
GOLDMAN SACHS GROUP INC P 2011-07-29 2014-03-10
MCKESSON CORP P 2012-11-08 2014-03-10
PIMCO EMERGING LOCAL BOND IS 332 P 2012-09-12 2014-10-01
TJX COS INC NEW P 2011-07-29 2014-03-10
WALT DISNEY CO P 2014-05-09 2014-09-15
ABERDEEN GLOBAL HIGH INCOME FD 1525 P 2012-04-27 2014-01-29
ARTISAON MID CAP FUND-INS P   2014-11-21
CME GROUP INC P 2012-06-19 2014-03-10
EATON VANCE FLOATING RATE FD-I 924 P 2012-04-27 2014-08-01
HSBC - ADR P 2013-02-25 2014-03-10
MICROSOFT CORP P 2011-02-11 2014-03-10
PRINCIPAL PERFERRED SEC-INS 4929 P   2014-12-19
TOTAL S.A. - ADR P 2012-07-05 2014-03-10
IPATH DOW JONES-USB COMMODITY P 2012-08-02 2014-12-31
ABERDEEN GLOBAL HIGH INCOME FD 1525 P 2012-10-04 2014-01-29
BAXTER INTL INC P 2013-08-19 2014-03-10
COACH INC P 2013-01-10 2014-03-10
EATON VANCE FLOATING RATE FD-I 924 P 2012-09-12 2014-08-01
IBM CORP 2.000% 1/05/16 P 2010-12-06 2014-10-03
MONSTER BEVERAGE CORP P 2013-07-03 2014-03-10
PRINCIPAL PREFERRED SEC-INS 4929 P 2012-04-27 2014-03-06
TOUCHSTONE SMALL CAP CORE-IN 555 P   2014-12-12
ISHARES S&P GSCI COMMODITY P 2012-01-01 2014-12-31
ABERDEEN GLOBAL HIGH INCOME FD 1525 P 2013-04-19 2014-01-29
BERKSHIRE HATHAWAY INC. P 2010-12-02 2014-03-10
COACH INC P 2013-01-10 2014-07-01
EATON VANCE FLOATING RATE FD-I 924 P 2012-10-04 2014-08-01
INTERNATIONAL BUSINESS MACHS CORP P 2013-06-18 2014-03-10
MONSTER BEVERAGE CORP P 2013-07-03 2014-09-15
PRINCIPAL PREFERRED SEC-INS 4929 P 2012-09-12 2014-03-06
TURNER MIDCAP GROWTH FUND-IN 1309 P 2011-02-15 2014-09-12
AFFILIATED MANAGERS GROUP, INC COM P 2010-12-02 2014-03-10
BHP BILLITON LIMITED - ADR P 2011-07-29 2014-03-10
COACH INC P 2013-01-29 2014-07-01
EATON VANCE FLOATING RATE FD-I 924 P 2013-02-01 2014-08-01
ISHARES 1-3 YEAR INTERNATIONAL P 2013-08-12 2014-10-03
MONSTER BEVERAGE CORP P 2012-11-15 2014-09-15
PRINCIPAL PREFERRED SEC-INS 4929 P 2012-10-04 2014-03-06
UNION PACIFIC CORP P 2010-12-02 2014-03-10
AFLAC INC P 2004-11-19 2014-03-10
BHP BILLITON LIMITED - ADR P 2010-12-10 2014-03-10
COACH INC P 2014-05-09 2014-07-01
EATON VANCE FLOATING RATE FD-I 924 P 2013-04-19 2014-08-01
ISHARES 1-3 YEAR INTERNATIONAL P 2013-08-13 2014-10-03
NATIONAL OILWELL INC COM P 2013-07-05 2014-03-10
PRINCIPAL PREFERRED SEC-INS 4929 P 2013-02-01 2014-03-06
UNITED PARCEL SERVICE-CL B P 2011-08-12 2014-03-10
AFLAC INC P 2004-11-19 2014-06-13
BHP BILLITON LIMITED - ADR P 2010-12-10 2014-11-28
COMCAST CORP CLASS A P 2010-12-02 2014-03-10
EATON VANCE FLOATING RATE FD-I 924 P 2013-12-13 2014-08-01
ISHARES MBS ETF P 2014-07-31 2014-10-03
NESTLE S.A. REGISTERED SHARES - ADR P 2010-12-02 2014-03-10
ROYCE PENNSYLVANIA MUT FD-INV P   2014-12-19
UNITEDHEALTH GROUP INC P 2013-08-28 2014-03-10
AFLAC INC P 2014-05-09 2014-06-13
BHP BILLITON LIMITED - ADR P 2014-05-09 2014-11-28
CUMMINS INC. P 2014-02-07 2014-03-10
EATON VANCE FLOATING RATE FD-I 924 P 2014-01-28 2014-08-01
ISHARES MSCI EAFE ETF P 2012-08-20 2014-03-07
NOW INC/SH P 2013-07-05 2014-06-13
SCHLUMBERGER LTD P 2010-12-02 2014-02-12
UNITEDHEALTH GROUP INC P 2006-09-07 2014-03-10
AGILITY INCOME FUND P   2014-01-30
BOEING CO P 2011-03-17 2014-03-10
CVS/CAREMARK CORPORATION P 2010-12-02 2014-03-10
ECOLAB INC 3.000% 12/08/16 P 2013-05-14 2014-10-08
ISHARES S&P GSCI COMMODITY I P 2007-06-28 2014-05-15
NOW INC/SH P 2014-05-09 2014-06-13
SCHLUMBERGER LTD P 2010-12-02 2014-03-10
US BANCORP DEL NEW P 2008-02-15 2014-03-10
ALLERGAN INC 2.800% 3/15/23 P 2013-03-07 2014-10-03
CAPITAL ONE FINANCIAL CORP P 2011-02-11 2014-03-10
DELL, INC P   2014-10-14
GATEWAY FUND - Y 1986 P 2010-04-19 2014-03-05
ISHARES S&P GSCI COMMODITY I P 2007-12-06 2014-05-15
NOW INC/SH P 2013-07-03 2014-06-13
TARGET CORP P 2013-08-28 2014-03-10
US TREASURY NOTE 2.375% 7/31/17 P 2014-01-28 2014-10-01
ANHEUSER-BUSCH INBEV SPN ADR P 2011-12-01 2014-03-10
CAPITAL ONE FINANCIAL CORP P 2011-02-11 2014-03-28
DIAGEO PLC - ADR P 2010-12-02 2014-03-10
GATEWAY FUND - Y 1986 P 2010-08-13 2014-03-05
JOHNSON CONTROLS INC P 2011-03-17 2014-03-10
NOW INC/SH P 2013-07-03 2014-06-17
TARGET CORP P 2008-12-05 2014-03-10
VANGUARD INTM-TERM TREAS-ADM 0535 P 2012-03-05 2014-01-29
ANHEUSER-BUSCH INBEV SPN ADR P 2011-09-02 2014-03-10
CELANESE CORP P 2011-07-29 2014-03-10
DIAMOND HILL LONG-SHORT FD CL I 11 P 2011-02-15 2014-03-05
GILEAD SCIENCES INC P 2011-12-08 2014-03-10
JOHNSON CONTROLS INC P 2011-08-12 2014-03-10
ORACLE CORPORATION P 2010-12-02 2014-03-10
TARGET CORP P 2014-05-09 2014-06-13
VANGUARD INTM-TERM TREAS-ADM 0535 P 2012-03-05 2014-03-06
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 18,859   12,487 6,372
b 8,296   9,576 -1,280
c 6,274   5,288 986
d 7,253   7,989 -736
e 17,300   7,121 10,179
22,648     22,648
593     593
21,607   9,927 11,680
40,463   40,000 463
5,357   3,445 1,912
15,331   11,465 3,866
32,051   27,403 4,648
2,747   3,026 -279
5,916   2,435 3,481
11,628   9,280 2,348
10,252   12,313 -2,061
6,013     6,013
6,795   3,901 2,894
31,675   21,098 10,577
634   474 160
7,298   6,239 1,059
5,512   4,492 1,020
28,533   26,305 2,228
2,486     2,486
8,326   10,000 -1,674
5,662   2,490 3,172
7,831   4,118 3,713
7,402   4,930 2,472
3,127     3,127
6,121   5,168 953
5,204   3,633 1,571
7,730   6,110 1,620
4,542   2,326 2,216
1,422   1,708 -286
9,843   4,454 5,389
12,543   11,416 1,127
20,515   19,986 529
27,016     27,016
10,678   7,817 2,861
19,930   20,000 -70
9,147   9,147  
7,214   5,172 2,042
1,114     1,114
8,705   6,094 2,611
343,104   476,700 -133,596
10,258   9,993 265
7,474   7,864 -390
5,997   7,192 -1,195
14,948   15,000 -52
20,364   19,936 428
1,103   907 196
14,772   15,000 -228
16,402     16,402
2     2
15,397   15,000 397
16,020   10,944 5,076
12,921   19,851 -6,930
4,983   5,000 -17
6,550   7,183 -633
8,868   5,137 3,731
19,696   20,000 -304
288,056   277,945 10,111
8,726   4,182 4,544
4,724   6,448 -1,724
9,349   14,364 -5,015
14,948   15,000 -52
11,976   12,629 -653
5,763   3,338 2,425
4,924   5,000 -76
11,957   6,082 5,875
9,405   5,491 3,914
329   449 -120
3,836   5,894 -2,058
14,948   15,000 -52
10,943   11,539 -596
7,339   6,784 555
4,924   5,000 -76
8,724   5,879 2,845
33,567   22,343 11,224
18,178   28,752 -10,574
10,105   4,054 6,051
14,948   15,000 -52
24,980   24,853 127
8,297   6,168 2,129
22,050     22,050
4,872   4,319 553
11,332   7,543 3,789
876   1,386 -510
7,254   6,719 535
44,844   45,000 -156
168,400   130,573 37,827
1,836   1,639 197
6,722   6,042 680
565   501 64
4,289     4,289
6,452   3,406 3,046
10,983   4,816 6,167
51,921   53,391 -1,470
146,497   191,003 -44,506
724   647 77
5,043   4,431 612
10,769   8,419 2,350
22,408   24,928 -2,520
7,804   5,454 2,350
115     115
57,841   50,000 7,841
18,849   24,576 -5,727
1,920   1,714 206
7,673   7,617 56
51,889   52,342 -453
4,887   2,692 2,195
39,172   27,008 12,164
8,094   4,690 3,404
115,682   100,000 15,682
1,177   807 370
16   14 2
517   513 4
40,000   41,601 -1,601
5,436   2,995 2,441
4,729   4,991 -262
252,058   188,098 63,960
9,943   2,338 7,605
6,361   4,363 1,998
8,107   5,726 2,381
7,096   7,096  
95,015   98,381 -3,366
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       6,372
b       -1,280
c       986
d       -736
e       10,179
      22,648
      593
      11,680
      463
      1,912
      3,866
      4,648
      -279
      3,481
      2,348
      -2,061
      6,013
      2,894
      10,577
      160
      1,059
      1,020
      2,228
      2,486
      -1,674
      3,172
      3,713
      2,472
      3,127
      953
      1,571
      1,620
      2,216
      -286
      5,389
      1,127
      529
      27,016
      2,861
      -70
       
      2,042
      1,114
      2,611
      -133,596
      265
      -390
      -1,195
      -52
      428
      196
      -228
      16,402
      2
      397
      5,076
      -6,930
      -17
      -633
      3,731
      -304
      10,111
      4,544
      -1,724
      -5,015
      -52
      -653
      2,425
      -76
      5,875
      3,914
      -120
      -2,058
      -52
      -596
      555
      -76
      2,845
      11,224
      -10,574
      6,051
      -52
      127
      2,129
      22,050
      553
      3,789
      -510
      535
      -156
      37,827
      197
      680
      64
      4,289
      3,046
      6,167
      -1,470
      -44,506
      77
      612
      2,350
      -2,520
      2,350
      115
      7,841
      -5,727
      206
      56
      -453
      2,195
      12,164
      3,404
      15,682
      370
      2
      4
      -1,601
      2,441
      -262
      63,960
      7,605
      1,998
      2,381
       
      -3,366
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 207,103
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) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3 17,275
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net 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?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 435,369 10,361,478 0.042018
2012 403,810 9,827,497 0.041090
2011 459,810 10,034,560 0.045823
2010 453,557 9,614,604 0.047174
2009 510,551 8,799,151 0.058023
2 Total of line 1, column (d) ...................... 2 0.234128
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.046826
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 10,703,443
5 Multiply line 4 by line 3....................... 5 501,199
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,537
7 Add lines 5 and 6......................... 7 505,736
8 Enter qualifying distributions from Part XII, line 4.............. 8 557,632
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 4,537
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 4,537
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,537
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 6,880
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,880
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,343
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,343 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK INDIANA NA Telephone no.bullet (260) 461-6000
    Located atbullet111 EAST WAYNE STREETFORT WAYNEIN ZIP+4bullet46802
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WELLS FARGO BANK INDIANA NA TRUSTEE
    1.00     		106,129 0 0
    111 E WAYNE STREET
    FORT WAYNE,IN46802
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    10,533,380
    b
    Average of monthly cash balances.......................
    1b
    333,060
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,866,440
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    10,866,440
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    162,997
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,703,443
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    535,172
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    535,172
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    4,537
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,537
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    530,635
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    530,635
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    530,635
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    557,632
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    557,632
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    4,537
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    553,095
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 530,635
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 483,907
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 557,632
    a Applied to 2013, but not more than line 2a 483,907
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 73,725
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		456,910
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    PCS SERVICE TEAM - GREAT LAKES
    PO BOX 960
    FORT WAYNE,IN46802
    (877) 214-0762
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS MUST BE SUBMITTED THROUGH THE FOUNDATION'S ONLINE GRANT APPLICATION FORM AT WWW.WELLSFARGO.COM/PRIVATEFOUNDATIONGRANTS/ZOLLNER.
    cAny submission deadlines:
    APPLICATIONS ARE ACCEPTED YEAR-ROUND. APPLICATIONS MUST BE SUBMITTED BY JUNE 1 TO BE REVIEWED AT THE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITATIONS: IN ACCORDANCE WITH THE DONORS STATED PREFERENCES, THE FOUNDATION TYPICALLY DOES NOT FUND REQUESTS FOR: LIBERAL ARTS COLLEGES; PHILHARMONIC OR SIMILAR ORGANIZATIONS; FINE ARTS ORGANIZATIONS OR FINE ARTS DEPARTMENTS OR CLASSES AT ANY EDUCATIONAL ORGANIZATION ; RENOVATION OF OLD BUILDINGS WHICH HAVE SUFFERED DETERIORATION OF MORE THAN TEN PERCENT (10%) OF THE STRUCTURE, OR THE RENOVATION, RECONSTRUCTION OR REPLACEMENT OF HISTORIC BUILDINGS, SITES OR LANDMARKS; ALL CHURCHES EXCEPT THOSE HAVING A HOSPITAL DIVISION; ALL MINORITY GROUPS THAT DIRECTLY OR INDIRECTLY RECEIVE ANY SUBSIDY FROM THE UNITED STATES GOVERNMENT, STATE, COUNTY OR MUNICIPAL GOVERNMENTS; ALL ORGANIZATIONS LIMITING THEIR BENEFITS TO THE MEMBERS OF PARTICULAR ETHNIC GROUPS, SINCE SUCH DISCRIMINATION WAS INCONSISTENT WITH THE DONORS BELIEFS; ALL SCHOOLS WHO DO NOT FOLLOW AN OPEN ADMISSIONS POLICY; ORGANIZATIONS FOR PEOPLE WITH INTELLECTUAL DISABILITIES. GRANTMAKING PRIORITIES: PREFERENCE MAY BE GIVEN TO REQUESTS
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ADAMS WELLS CRISIS CENTER INC
    PO BOX 253
    DECATUR,IN46733     		    CHILD ADVOCACY PROGRAM 15,000
    ALLEN CO FW HISTORICAL SOCIETY
    302 EAST BERRY STREET
    FORT WAYNE,IN46802     		    ADMISSION FREE K-12 SCHOOL GROUP 10,000
    BOY SCOUTS OF AMERICA
    8315 W JEFFERSON BLVD
    FORT WAYNE,IN46804     		    OPERATION SUPPORT 25,000
    CANCER SERVICES OF ALLEN COUNTY INC
    6316 MUTUAL DRIVE
    FORT WAYNE,IN46825     		    CLIENT ADVOCATE PROGRAM 7,500
    COMMUNITY HARVEST FOOD BANK
    999 EAST TILLMAN ROAD
    FORT WAYNE,IN46816     		    KID'S CAFE 5,000
    FORT WAYNE PUBLIC TELEVISION
    2501 EAST COLISEUM BLVD
    FORT WAYNE,IN46805     		    BROADCAST OF PBS PROGRAM 8,100
    GIRL SCOUTS OF NORTHERN INDIANA
    10008 DUPONT CIRCLE DR E
    FORT WAYNE,IN46825     		    GIRL SCOUT LEADERSHIP EXPERIENCE 15,000
    INDIANA INSTITUTE OF TECHNOLOGY
    1600 E WASHINGTON BLVD
    FORT WAYNE,IN46803     		    ACCELERATE FRESHMAN TO MATH COURSES 30,000
    IVY TECH FOUNDATION
    3800 NORTH ANTHONY BLVD
    FORT WAYNE,IN46805     		    IVY TECH NE SCHOLARSHIPS 20,000
    JUNIOR ACHIEVEMENT NORTHERN IN
    601 NOBLE DRIVE
    FORT WAYNE,IN46825     		    JA KINDEGARTEN - 5TH GRADE PROGRAMS 10,000
    PARKVIEW FOUNDATION
    2200 RANDALLIA DRIVE
    FORT WAYNE,IN46805     		    MIRRO FAMILY RESEARCH & EDUC CTR 16,000
    PURDUE UNIVERSITY
    2101 EAST COLISEUM BLVD
    FORT WAYNE,IN46805     		    COLLEGE OF ETCS SCHOLARSHIPS 28,000
    SCIENCE CENTRAL INC
    1950 NORTH CLINTON STREET
    FORT WAYNE,IN46805     		    GENERAL OPERATING SUPPORT 10,000
    TRINE UNIVERSITY
    ONE UNIVERSITY AVENUE
    ANGOLA,IN46703     		    FRED ZOLLNER STADIUM 200,000
    YMCA OF GREATER FORT WAYNE
    1020 BARR STREET
    FORT WAYNE,IN46802     		    CONSTRUCTION OF JACKSON LEHMAN YMCA 100,000
    YWCA NORTHEAST INDIANA
    1610 SPY RUN AVENUE
    FORT WAYNE,IN46805     		    DOMESTIC VIOLENCE SERVICES 25,000
    WELLSPRING INTERFAITH SOCIAL SERV
    1316 BROADWAY
    FORT WAYNE,IN46802     		    YOUTH AFTER SCHOOL PROGRAM 5,000
    Total .................................bullet 3a 529,600
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 255,994  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 340,697  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aMISCELLANEOUS INCOME     1 2,416  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   599,107  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13599,107
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    ZOLLNER FOUNDATION
    WELLS FARGO BANK NA (MAC N8000-027
    EIN: 35-6381471
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DULIN WARD & DEWALD 1,500     1,500

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    ZOLLNER FOUNDATION
    WELLS FARGO BANK NA (MAC N8000-027
    EIN: 35-6381471
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
        PURCHASE     133,594       133,594  

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    ZOLLNER FOUNDATION
    WELLS FARGO BANK NA (MAC N8000-027
    EIN: 35-6381471
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AIR PRODUCTS & CHEMICALS 49,948 49,494
    ALLERGAN INC    
    AMGEN INC 51,602 50,656
    BANK OF AMERICA CORP 50,000 50,710
    BANK OF MONTREAL 24,956 24,692
    CA INC 81,967 83,009
    CENTERPOINT ENER HOUSTON 39,894 38,313
    COLGATE - PALMOLIVE CO 49,841 48,856
    COMPUTER SCIENCES CORP 29,979 30,271
    ECOLAB INC    
    GENERAL ELEC CAP CORP    
    GOLDMAN SACHS GROUP INC 78,915 83,323
    GREAT PLAINS ENERGY INC 41,658 43,795
    HSBC HOLDINGS PLC 56,624 56,520
    IBM CORP    
    OMNICOM GROUP INC 35,485 35,931
    PRUDENTIAL FINANCIAL INC 24,967 25,617
    SANOFI 24,890 24,762
    STATE STREET CORP 29,875 30,734
    US BANCORP 28,297 27,330
    VERIZON COMMUNICATIONS 24,968 27,144
    WHIRLPOOL CORP 24,950 25,389
    WILLIAMS PARTNERS LP 24,994 23,881

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    ZOLLNER FOUNDATION
    WELLS FARGO BANK NA (MAC N8000-027
    EIN: 35-6381471
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO    
    AFFILIATED MANAGERS GROUP, INC 27,390 55,182
    AFLAC INC    
    ANHEUSER-BUSCH 29,396 53,914
    APACHE CORP 47,241 41,049
    APPLE INC 32,141 142,942
    BAXTER INTL INC 48,203 50,204
    BERKSHIRE HATHAWAY INC 53,844 95,345
    BHP BILLITON LIMITED    
    BLACKROCK INC 36,162 41,119
    BOEING CO 48,842 72,139
    CAPITAL ONE FINANCIAL CORP    
    CELANSESE CORP 51,901 57,562
    CHEVRON CORP    
    CISCO SYSTEMS INC 47,431 72,736
    CITIGROUP INC 60,114 65,473
    CME GROUP INC 40,034 61,612
    COACH INC    
    COMCAST CORP 33,120 75,703
    CUMMINS INC 70,301 74,248
    CVS HEALTH CORPORATION 28,904 74,159
    DIAGEO PLC - ADR 25,459 36,509
    EATON CORP 33,849 42,475
    EMC CORP MASS 39,637 50,112
    GILEAD SCIENCES INC 9,058 43,831
    GOLDMAN SACHS GROUP INC 31,386 43,612
    GOOGLE INC 15,982 29,186
    GOOGLE INC CLASS C 26,254 39,480
    HSBC - ADR 57,737 51,717
    INTERNATIONAL BUSINESS MACH CORP 35,436 28,077
    JOHNSON CONTROLS INC 35,264 50,515
    JPMORGAN CHASE & CO 52,431 75,409
    LAS VEGAS SANDS CORP 49,087 45,365
    MCKESSON CORP 34,935 68,501
    MICROSOFT CORP 41,491 60,617
    MONSTER BEVERAGE CORP 19,964 42,798
    NATIONAL OILWELL VARCO INC 59,930 57,339
    NESTLE S.A. REGISTERED SHARES - ADR 33,713 41,581
    ORACLE CORPORATION 33,309 50,366
    SCHLUMBERGER LTD 71,619 70,463
    TARGET CORP 33,685 58,071
    THERMO FISHER SCIENTIFIC INC 23,240 45,731
    TJX COS INC 27,501 57,264
    TOTAL S.A. - ADR 43,344 44,800
    UNION PACIFIC CORP 40,348 89,347
    UNITED HEALTH GROUP INC 46,325 87,443
    UNITED PARCEL SERVICE 29,009 45,580
    US BANCORP DEL NEW 41,569 55,738
    WALT DISNEY CO 34,492 79,591

    TY 2014 InvestmentsOtherSchedule2
    Name:
    ZOLLNER FOUNDATION
    WELLS FARGO BANK NA (MAC N8000-027
    EIN: 35-6381471
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ABERDEEN GLOBAL HIGH INCOME FUND AT COST    
    AQR MANAGED FUTURES STRATEGY FUND AT COST 100,000 105,143
    ARTISAN FDS INC INTL FD AT COST 198,485 323,696
    ARTISAN MID CAP FUND AT COST 287,000 265,038
    ASGI AGILITY INCOME FUND AT COST 250,000 262,062
    BARCLAYS BANK PLC AT COST 476,700 343,965
    CORBIN MUTLI STRATEGY FUND AT COST 500,000 524,660
    DIAMOND HILL LONG-SHORT FUND AT COST    
    DREYFUS EMERGING MARKETS DEBT LOCAL AT COST 89,626 76,859
    EATON VANCE FLOATING RATE FUND AT COST    
    GATEWAY FUND - Y AT COST    
    HARBOR INTERNATIONAL FUND CLASS AT COST 733,912 781,327
    IPATH DOW JONES-UBS COMMODITY AT COST    
    ISHARES 1-3 YEAR INTERNATIONAL AT COST    
    ISHARES MBS ETF AT COST 90,035 92,703
    ISHARES MSCI EAFE ETF AT COST    
    ISHARES RUSSELL 2000 ETF AT COST 136,844 155,506
    ISHARES RUSSELL MID-CAPT ETF AT COST 87,255 133,632
    ISHARES S&P GSCI COMMODITY-IND AT COST    
    JP MORGAN MID CAP VALUE FUND AT COST 325,000 333,898
    JPMORGAN HIGH YIELD FUND AT COST 129,878 124,745
    MESIROW INSIGHT FUND, LLC AT COST 250,000 271,187
    PARTNERS GROUP PRIVATE EQUITY TEI AT COST 300,000 366,996
    PIMCO EMERGING LOCAL BOND FUND AT COST 86,074 67,742
    PIMCO EMERGING MARKETS BOND FUND AT COST 103,238 91,021
    PIMCO FOREIGN BOND FUND AT COST 42,052 43,623
    PRINCIPAL PREFERRED SECURITIES FUND AT COST 64,801 63,374
    ROYCE PENNSYLVANIA MUTUAL FUND AT COST 162,215 194,969
    SPDR DJ WILSHIRE INTERN'L REAL AT COST 237,410 270,205
    T ROWE PRICE INSTITUTIONAL EMERGING AT COST 300,000 287,083
    TEMPLETON EMERGING MARKETS AT COST 100,000 120,626
    TEMPLETON FRONTIER MARKETS FUND AT COST 175,000 170,847
    TOUCHSTONE SMALL CAP CORE FUND AT COST 175,000 213,431
    TURNER MIDCAP GROWTH FUND AT COST    
    VANGUARD EMERGING MARKETS ETF AT COST 226,026 240,120
    VANGUARD INTERMEDIATE-TERM TREASURY AT COST    
    VANGUARD REIT VIPER AT COST 382,765 664,200
    WELLS FARGO ADVANTAGE SHORT-TERM AT COST 134,250 131,488
    WESTERN ASSET EMERGING MARKET AT COST 97,991 91,924

    TY 2014 OtherDecreasesSchedule
    Name:
    ZOLLNER FOUNDATION
    WELLS FARGO BANK NA (MAC N8000-027
    EIN: 35-6381471
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    ZOLLNER FOUNDATION
    WELLS FARGO BANK NA (MAC N8000-027
    EIN: 35-6381471
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    ADR FEES 56      


    TY 2014 OtherIncomeSchedule2
    Name:
    ZOLLNER FOUNDATION
    WELLS FARGO BANK NA (MAC N8000-027
    EIN: 35-6381471
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INCOME 2,416    


    TY 2014 TaxesSchedule
    Name:
    ZOLLNER FOUNDATION
    WELLS FARGO BANK NA (MAC N8000-027
    EIN: 35-6381471
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 855      
    EXCISE TAXES 8,051