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
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
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:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$9,668,765J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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... 256,682 206,280  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -63,278
b Gross sales price for all assets on line 6a 2,146,640
7 Capital gain net income (from Part IV, line 2)...  
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 2,669    
12 Total. Add lines 1 through 11........ 196,073 206,280  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 104,854 78,641   26,213
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 1,600     1,600
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,564      
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 160      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 110,178 78,641   27,813
25 Contributions, gifts, grants paid....... 548,150 548,150
26 Total expenses and disbursements. Add lines 24 and 25 658,328 78,641   575,963
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -462,255
b Net investment income (if negative, enter -0-) 127,639
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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......... 375,446 507,524 507,524
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) 192,773 270,305 270,492
b Investments—corporate stock (attach schedule)....... 1,681,078 Click to see attachment1,770,986 2,419,464
c Investments—corporate bonds (attach schedule)....... 773,810 Click to see attachment786,661 780,101
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,241,557 Click to see attachment5,456,761 5,691,184
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) 9,264,664 8,792,237 9,668,765
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 9,264,664 8,792,237
30 Total net assets or fund balances (see instructions)..... 9,264,664 8,792,237
31 Total liabilities and net assets/fund balances (see instructions). 9,264,664 8,792,237
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
9,264,664
2
Enter amount from Part I, line 27a .....................
2
-462,255
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
8,802,409
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
10,172
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
8,792,237
Form 990-PF (2015)
Form 990-PF (2015)
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 AFFILIATED MANAGERS GROUP, INC COM P 2014-05-09 2015-12-22
b COMCAST CORP CLASS A P 2014-05-09 2015-12-22
c INTERNATIONAL BUSINESS MACHS CORP P 2014-05-09 2015-08-13
d US BANCORP P 2014-05-09 2015-06-01
e DREYFUS EMG MKT DEBT LOC C-I 6083 P 2012-03-05 2015-02-02
PIMCO EMERGING LOCAL BOND IS 332 P 2012-06-22 2015-11-13
JPMORGAN HIGH YIELD FUND SS 3580 P   2015-12-15
ANHEUSER-BUSCH INBEV SPN ADR P 2011-09-02 2015-12-22
CVS HEALTH CORPORATION P 2014-05-09 2015-12-22
JPMORGAN CHASE & CO P 2014-05-09 2015-12-22
WALT DISNEY CO P 2011-02-11 2015-12-22
DREYFUS EMG MKT DEBT LOC C-I 6083 P 2012-06-22 2015-02-02
PIMCO EMERGING LOCAL BOND IS 332 P 2012-08-23 2015-11-13
PRINCIAPL PERFERRED SEC-INS 4929 P   2015-12-21
ANHEUSER-BUSCH INBEV SPN ADR P 2014-05-09 2015-12-22
E M C CORP MASS P 2010-12-02 2015-10-28
MCKESSON CORP P 2014-05-09 2015-12-22
HEWLETT PACKARD COM CLASS ACTION P   2015-12-24
DREYFUS EMG MKT DEBT LOC C-I 6083 P 2012-09-12 2015-02-02
PIMCO EMERGING LOCAL BOND IS 332 P 2012-09-12 2015-11-13
VANGUARD HIGH YIELD COPR-ADM 529 P   2015-12-28
APACHE CORP P 2006-12-08 2015-07-31
E M C CORP MASS P 2014-05-09 2015-10-28
MONSANTO CO NEW P 2015-04-22 2015-12-22
AQR MANAGED FUTURES STR-I 15213 P   2015-12-23
DREYFUS INTERNATL BOND FD CL I 6094 P 2015-11-24 2015-12-07
PIMCO FOREIGN BD FD USD H-INST 103 P 2015-01-30 2015-11-25
APACHE CORP P 2012-04-23 2015-07-31
E M C CORP MASS P 2014-06-26 2015-10-28
MONSTER BEVERAGE CORP P 2012-11-15 2015-01-15
ARTIXAON MID CAP FUND-INS 1333 P   2015-11-23
JPMORGAN HIGH YIELD FUND SS 3580 P 2011-02-04 2015-12-17
PIMCO FOREIGN BD FD USD H-INST 103 P 2011-02-04 2015-11-25
APACHE CORP P 2014-05-09 2015-07-31
EATON CORP PLC P 2014-05-09 2015-12-22
MONSTER BEVERAGE CORP P 2014-05-09 2015-01-15
AGILITY INCOME FUND P   2015-01-30
JPMORGAN HIGH YIELD FUND SS 3580 P 2013-02-01 2015-12-17
PIMCO FOREIGN BD FD USD H-INST 103 P 2011-02-04 2015-12-07
APACHE CORP P 2014-12-18 2015-07-31
GAI AGILITY INCOME FUND P 2012-12-27 2015-11-18
NATIONAL OILWELL INC COM P 2013-07-03 2007-10-15
MESIROW INSIGHT FUND, LLC P   2015-01-30
JPMORGAN HIGH YIELD FUND SS 3580 P 2014-01-28 2015-12-17
PIMCO FOREIGN BD FD USD H-INST 103 P 2011-03-10 2015-12-07
BARCLAYS BANK PLC IPATH BLOOMBERG CO P 2012-08-20 2001-06-15
GAI AGILITY INCOME FUND 5% HOLDBACK P 2015-09-30 2012-04-15
NATIONAL OILWELL INC COM P 2013-07-05 2007-10-15
HARBOR INTERNATION FD INST 2011 P   2015-12-21
JPMORGAN HIGH YIELD FUND SS 3580 P 2011-11-16 2015-12-17
SOUTHWESTERN ENERGY 4.050% 1/23/20 P 2015-01-29 2015-12-15
BARCLAYS BANK PLC IPATH BLOOMBERG CO P 2014-03-04 2001-06-15
GILEAD SCIENCES INC P 2011-12-08 2015-12-22
NATIONAL OILWELL INC COM P 2014-05-09 2007-10-15
JP MORGAN MID CAP VALUE-I 758 P   2015-12-15
MUNI ENERGY AGY OF 2.389% 4/01/19 P 2013-03-13 2015-06-03
SOUTHWESTERN ENERGY 4.050% 1/23/20 P 2015-01-29 2015-12-23
BARCLAYS BANK PLC IPATH BLOOMBERG CO P 2014-05-12 2001-06-15
GOLDMAN SACHS GROUP INC P 2014-05-09 2015-12-22
NATIONAL OILWELL INC COM P 2014-06-10 2007-10-15
ROYCE PENNSYLVANIA MUT FD-INV 260 P   2015-12-21
PIMCO EMERG MKTS BD-INST 137 P 2012-03-05 2015-01-29
STATE STREET CORP 2.875% 3/07/16 P 2011-03-02 2015-10-01
BAXTER INTL INC P 2013-08-19 2015-06-23
GOOGLE INC P 2012-06-19 2015-09-16
NATIONAL OILWELL INC COM P 2014-11-24 2007-10-15
TOUCHSTONE SMALL CAP CORE-IN 555 P   2015-12-14
PIMCO EMERG MKTS BD-INST 137 P 2012-08-23 2015-01-29
VR BANK OF AMERICA 1.361% 1/15/19 P 2013-10-17 2015-11-06
BAXTER INTL INC P 2013-12-12 2015-06-23
GOOGLE INC P 2012-01-24 2015-09-16
TEMPLETON FRONTIER MARKET-AD 674 P 2012-08-20 2010-09-15
AMGEN INC P 2003-05-14 2015-05-01
PIMCO EMERG MKTS BD-INST 137 P 2013-07-12 2015-01-29
WESTERN ASSET EMRG MK DEBT-I 890 P 2012-01-17 2015-04-15
BAXTER INTL INC P 2014-05-09 2015-06-23
GOOGLE INC P 2012-01-24 2015-09-18
TJX COMPANIES INC P 2014-05-09 2015-12-22
ASHMORE EMERG MKTS CR DB-INS P 2015-04-14 2015-11-09
PIMCO EMERG MKTS BD-INST 137 P 2012-07-28 2015-01-29
WFA SHRT TRM HI YLD-INS 3170 P 2013-08-15 2015-06-30
BERKSHIRE HATHAWAY INC. P 2014-05-09 2015-12-22
GOOGLE INC-CL C P 2014-05-09 2005-06-15
UNITEDHEALTH GROUP INC P 2006-09-07 2015-03-04
BANK OF MONTREAL 1.450% 4/09/18 P 2013-04-05 2015-06-08
PIMCO EMERG MKTS BD-INST 137 P 2012-08-17 2015-01-29
WFA SHRT TRM HI YLD-INS 3170 P 2013-12-13 2015-06-30
CITIGROUP INC. P 2014-03-25 2015-12-22
INTERNATIONAL BUSINESS MACHS CORP P 2013-06-18 2015-08-13
US BANCORP P 2008-02-15 2015-06-01
COMPUTER SCIENCES CO 2.500% 9/15/15 P 2012-09-11 2015-09-15
PIMCO EMERG MKTS BD-INST 137 P 2013-12-13 2015-01-29
WILLIAMS PARTNERS LP 3.350% 8/15/22 P 2012-08-09 2015-10-14
(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 2,380   2,859 -479
b 2,018   1,776 242
c 4,704   5,678 -974
d 7,904   7,246 658
e 46,752   55,000 -8,248
22,109   32,361 -10,252
76     76
52,515   22,872 29,643
1,906   1,522 384
3,991   3,233 758
1,684   650 1,034
15,699   17,652 -1,953
16,200   24,692 -8,492
634     634
7,502   6,524 978
26,606   22,348 4,258
1,905   1,701 204
55     55
14,097   16,974 -2,877
18,197   27,946 -9,749
246     246
16,038   24,119 -8,081
5,478   5,330 148
1,927   2,337 -410
1,461     1,461
19,260   19,285 -25
14,617   15,000 -383
3,022   5,928 -2,906
11,869   11,959 -90
33,088   12,908 20,180
36,266     36,266
12,208   14,877 -2,669
4,668   4,542 126
3,487   6,689 -3,202
1,259   1,751 -492
11,980   7,056 4,924
2,691     2,691
16,711   20,000 -3,289
12,787   12,510 277
7,903   10,504 -2,601
233,235   250,000 -16,765
10,982   15,371 -4,389
3,082     3,082
4,266   5,000 -734
25,627   25,000 627
179,011   256,800 -77,789
11,662   11,662  
10,259   14,572 -4,313
21,379     21,379
31,923   36,111 -4,188
8,213   10,120 -1,907
49,228   65,984 -16,756
1,541   292 1,249
3,615   5,750 -2,135
17,245     17,245
49,755   50,000 -245
18,000   25,299 -7,299
114,865   153,917 -39,052
1,832   1,567 265
2,712   4,706 -1,994
30,988     30,988
24,123   28,000 -3,877
30,291   29,876 415
23,553   24,306 -753
13,061   5,824 7,237
11,976   19,530 -7,554
19,722     19,722
16,088   19,392 -3,304
50,226   50,000 226
16,626   16,046 580
6,531   2,902 3,629
147,356   175,000 -27,644
50,852   51,603 -751
22,548   25,053 -2,505
32,231   34,022 -1,791
7,274   7,852 -578
16,678   7,256 9,422
2,491   2,038 453
29,036   31,275 -2,239
4,652   5,580 -928
112,718   114,250 -1,532
1,348   1,270 78
115   106 9
23,313   10,275 13,038
24,942   24,956 -14
4,300   5,213 -913
19,588   20,000 -412
1,327   1,259 68
22,736   29,758 -7,022
46,547   34,323 12,224
30,000   29,979 21
18,771   20,000 -1,229
22,300   24,994 -2,694
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       -479
b       242
c       -974
d       658
e       -8,248
      -10,252
      76
      29,643
      384
      758
      1,034
      -1,953
      -8,492
      634
      978
      4,258
      204
      55
      -2,877
      -9,749
      246
      -8,081
      148
      -410
      1,461
      -25
      -383
      -2,906
      -90
      20,180
      36,266
      -2,669
      126
      -3,202
      -492
      4,924
      2,691
      -3,289
      277
      -2,601
      -16,765
      -4,389
      3,082
      -734
      627
      -77,789
       
      -4,313
      21,379
      -4,188
      -1,907
      -16,756
      1,249
      -2,135
      17,245
      -245
      -7,299
      -39,052
      265
      -1,994
      30,988
      -3,877
      415
      -753
      7,237
      -7,554
      19,722
      -3,304
      226
      580
      3,629
      -27,644
      -751
      -2,505
      -1,791
      -578
      9,422
      453
      -2,239
      -928
      -1,532
      78
      9
      13,038
      -14
      -913
      -412
      68
      -7,022
      12,224
      21
      -1,229
      -2,694
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 -63,278
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 -191,557
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))
2014 553,095 10,703,443 0.051674
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
2
Total of line 1, column (d) .....................
20.227779
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
0.045556
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
10,391,010
5
Multiply line 4 by line 3......................
5
473,373
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,276
7
Add lines 5 and 6........................
7
474,649
8
Enter qualifying distributions from Part XII, line 4.............
8
575,963
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,276
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 1,276
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 1,276
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 4,560
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 4,560
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 3,284
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet3,284 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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 2015, 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  
    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 2015?.............
    1c
     
     
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 (2015)
    Form 990-PF (2015)
    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
    0.50     		104,854 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  
    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  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    10,131,168
    b
    Average of monthly cash balances.......................
    1b
    418,081
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,549,249
    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
    10,549,249
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    158,239
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,391,010
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    519,551
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    519,551
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,276
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,276
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    518,275
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    518,275
    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
    518,275
    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
    575,963
    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
    575,963
    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
    1,276
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    574,687
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 518,275
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 456,910
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 575,963
    a Applied to 2014, but not more than line 2a 456,910
    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 2015 distributable amount..... 119,053
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		399,222
    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 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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 (2015)
    Form 990-PF (2015)
    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
    ALLEN CO FW HISTORICAL SOCIETY
    302 EAST BERRY STREET
    FORT WAYNE,IN46802     		    ADMISSION FREE K-12 SCHOOL GROUP 10,000
    ANTHONY WAYNE AREA COUNCIL INC
    8315 W JEFFERSON BLVD
    FORT WAYNE,IN46804     		    OPERATION SUPPORT 27,000
    CANCER SERVICES OF ALLEN COUNTY INC
    6316 MUTUAL DRIVE
    FORT WAYNE,IN46825     		    CLIENT ADVOCATE PROGRAM 10,000
    COMMUNITY HARVEST FOOD BANK
    999 EAST TILLMAN ROAD
    FORT WAYNE,IN46816     		    KID'S CAFE 6,000
    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
    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 ELEMENTARY/JA BIZTOWN 10,000
    PURDUE UNIVERSITY
    2101 EAST COLISEUM BLVD
    FORT WAYNE,IN46805     		    COLLEGE OF ETCS SCHOLARSHIPS 30,000
    SCIENCE CENTRAL INC
    1950 NORTH CLINTON STREET
    FORT WAYNE,IN46805     		    GENERAL OPERATING SUPPORT 10,000
    TRINE UNIVERSITY
    ONE UNIVERSITY AVENUE
    ANGOLA,IN46703     		    STUDENT SCHOLARSHIP FUND 100,000
    YMCA OF GREATER FORT WAYNE
    1020 BARR STREET
    FORT WAYNE,IN46802     		    JACKSON R. LEHMAN FAMILY WMCA 100,000
    YWCA NORTHEAST INDIANA
    1610 SPY RUN AVENUE
    FORT WAYNE,IN46805     		    DOMESTIC VIOLENCE SERVICES 30,000
    WELLSPRING INTERFAITH SOCIAL SERV
    1316 BROADWAY
    FORT WAYNE,IN46802     		    YOUTH AFTER SCHOOL PROGRAM 7,300
    BIG BROTHERS BIG SISTERS OF NE IN
    1005 W RUDISILL BLVD
    FORT WAYNE,IN46807     		    COLLEGE SUCCESS MENTORING 10,000
    BLUE JACKET INC
    2826 SOUTH CALHOUN STREET
    FORT WAYNE,IN46807     		    BLUE JACKET CAREER ACADEMY 10,000
    BOYS & GIRLS CLUB OF FORT WAYNE INC
    2609 FAIRFIELD AVENUE
    FORT WAYNE,IN46807     		    PROJECT LEARN 15,000
    CHRIST CHILD SOCIETY OF FORT WAYNE
    PO BOX 12708
    FORT WAYNE,IN46864     		    COATS FOR KIDS 5,000
    COMMUNITY TRANSPORTATION NETWORK
    5601 INDUSTRIAL ROAD
    FORT WAYNE,IN46825     		    SPECIALIZED TRANSPORTATION 15,000
    CRIME VICITM CARE OF ALLEN COUNTY
    2456 LAKE AVENUE
    FORT WAYNE,IN46805     		    GENERAL OPERATING SUPPORT 5,000
    EAST WAYNE STREET CENTER INC
    825 FRANCIS STREET
    FORT WAYNE,IN46803     		    ADULT EDUCATION PROGRAMS 7,500
    ERIN'S HOUSE FOR GRIEVING CHILDREN
    5670 YMCA PARK DRIVE
    FORT WAYNE,IN46835     		    PEER SUPPORT/CAMP GOOD GRIEF 10,000
    FORT WAYNE ZOOLOGICAL SOCIETY INC
    3411 SHERMAN BLVD
    FORT WAYNE,IN46808     		    ZOO SCIENTIFIC INQUIRY PROGRAM 14,750
    HAROLD W MCMILLEN CENTER FOR HEALTH
    600 JIM KELLEY BLVD
    FORT WAYNE,IN46816     		    MCMILLEN CAPITAL RENOVATION 10,000
    HEARCARE CONNECTION INC
    9604 COLDWATER ROAD
    FORT WAYNE,IN46825     		    LOW INCOME HEARING HEALTHCARE CLINIC 5,000
    LEAGUE FOR THE BLIND AND DISABLED
    5821 SOUTH ANTHONY BLVD
    FORT WAYNE,IN46816     		    IN-HOME CARE SERVICES 10,000
    MUSTARD SEED FURNITURE BANK
    3636 ILLINOIS ROAD
    FORT WAYNE,IN46804     		    HOME FURNISHINGS DISTRIB PROGRAM 7,500
    SCAN INC
    500 WEST MAIN STREET
    FORT WAYNE,IN46802     		    JOAN SHERMAN PROGRAM 15,000
    SUPER SHOT INC
    1 CANAL PLACE
    FORT WAYNE,IN46802     		    COMMUNITY CHILDHOOD IMMUNIZATION 10,000
    TURNSTONE CENTER
    3320 NORTH CLINTON STREET
    FORT WAYNE,IN46805     		    ADAPTIVE SPORTS AND REC PROGRAM 15,000
    Total .................................bullet 3a 548,150
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    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....     14 256,682  
    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 -63,278  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aMISCELLANEOUS INCOME     		    1 2,669  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   196,073  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13196,073
    (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 (2015)
    Form 990-PF (2015)
    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 organizations?
    Yes
    No
    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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 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 1,600     1,600

    TY 2015 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 49,713
    AMGEN INC 49,857 48,520
    BANK OF AMERICA CORP    
    BANK OF MONTREAL 50,673 50,421
    CA INC 81,967 80,933
    CENTERPOINT ENER HOUSTON 39,894 38,425
    COLGATE - PALMOLIVE CO 49,889 49,506
    COMPUTER SCIENCES CORP    
    GOLDMAN SACHS GROUP INC 78,915 80,774
    GREAT PLAINS ENERGY INC 41,658 42,959
    HSBC HOLDINGS PLC 56,624 55,588
    MASTERCARD INC 25,315 25,549
    MORGAN STANLEY 56,103 55,631
    OMNICOM GROUP INC 35,485 35,330
    PRUDENTIAL FINANCIAL INC 24,968 25,139
    SANOFI 24,890 24,891
    SOUTHWESTERN ENERGY CO 15,179 10,875
    STATE STREET CORP    
    US BANCORP 28,297 26,969
    VERIZON COMMUNICATIONS 52,049 53,721
    WHIRLPOOL CORP 24,950 25,157
    WILLIAMS PARTNERS LP    

    TY 2015 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
    AFFILIATED MANAGERS GROUP, INC 24,531 39,141
    ALPHABET INC 51,555 87,271
    AMERIPRISE FINL INC 53,021 47,357
    ANHEUSER-BUSCH    
    APACHE CORP    
    APPLE INC 43,524 145,785
    BAXTER INTL INC    
    BERKSHIRE HATHAWAY INC 52,574 82,525
    BLACKROCK INC 36,162 39,160
    BOEING CO 62,714 93,984
    CELANESE CORP 51,901 64,637
    CISCO SYSTEMS INC 47,431 71,010
    CITIGROUP INC 58,855 61,324
    CME GROUP INC 40,034 62,967
    COMCAST CORP 31,344 71,666
    CUMMINS INC 70,301 45,325
    CVS HEALTH CORPORATION 27,381 73,328
    DIAGEO PLC - ADR 25,459 34,902
    EATON CORP 30,924 31,224
    EMC CORP MASS    
    GILEAD SCIENCES INC 8,766 45,536
    GOLDMAN SACHS GROUP INC 29,819 38,750
    GOOGLE INC    
    GOOGLE INC CLASS C    
    HAIN CELESTIAL GROUP, INC 35,268 34,735
    HSBC - ADR 57,737 43,220
    INTERNATIONAL BUSINESS MACH CORP    
    JOHNSON CONTROLS INC 35,263 41,267
    JPMORGAN CHASE & CO 49,198 75,604
    LAS VEGAS SANDS CORP 49,087 34,195
    MANUALIFE FINANCIAL CORP 35,774 36,476
    MCKESSON CORP 33,234 63,114
    MICROSOFT CORP 58,052 91,819
    MONSANTO CO 69,395 63,545
    MONSTER BEVERAGE CORP    
    NATIONAL OILWELL VARCO INC    
    NESTLE S.A. REGISTERED SHARES - ADR 33,713 42,419
    ORACLE CORPORATION 33,309 40,914
    PNC FINANCIAL SERVICES GROUP 53,744 53,374
    ROCHE HOLDINGS LTD 52,579 53,256
    SCHLUMBERGER LTD 71,619 57,544
    SUNCOR ENERGY INC 66,899 64,500
    TARGET CORP 33,685 55,547
    THERMO FISHER SCIENTIFIC INC 23,240 51,775
    TJX COS INC 25,462 56,728
    TOTAL S.A. - ADR 57,992 52,367
    UNION PACIFIC CORP 50,539 66,861
    UNITED HEALTH GROUP INC 36,050 77,642
    UNITED PARCEL SERVICE 29,009 39,454
    US BANCORP DEL NEW    
    WALT DISNEY CO 33,842 87,216

    TY 2015 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
    AQR MANAGED FUTURES STRATEGY FUND AT COST 100,000 100,692
    ARTISAN FDS INC INTL FD AT COST 198,486 309,500
    ARTISAN MID CAP FUND AT COST 287,000 235,774
    ASGI AGILITY INCOME FUND AT COST    
    BARCLAYS BANK PLC AT COST    
    CORBIN MUTLI STRATEGY FUND AT COST    
    DREYFUS EMERGING MARKETS DEBT LOCAL AT COST    
    GAI CORBIN MULTI STRATEGY FUND AT COST 500,000 488,759
    GAI MESIROW INSIGHT FUND AT COST 250,000 244,097
    HARBOR INTERNATIONAL FUND CLASS AT COST 733,912 716,800
    ISHARES MBS ETF AT COST 90,035 91,330
    ISHARES RUSSELL 2000 ETF AT COST 136,844 146,406
    ISHARES RUSSELL MID-CAPT ETF AT COST 87,255 128,144
    JP MORGAN MID CAP VALUE FUND AT COST 325,000 305,317
    JPMORGAN HIGH YIELD FUND AT COST 73,890 65,489
    MESIROW INSIGHT FUND, LLC AT COST    
    PARTNERS GROUP PRIVATE EQUITY TEI AT COST 300,000 402,808
    PIMCO COMMODITY REAL RETURN AT COST 343,736 242,615
    PIMCO EMERGING LOCAL BOND FUND AT COST    
    PIMCO EMERGING MARKETS BOND FUND AT COST 85,977 82,010
    PIMCO FOREIGN BOND FUND AT COST    
    PRINCIPAL PREFERRED SECURITIES FUND AT COST 74,801 72,544
    ROYCE PENNSYLVANIA MUTUAL FUND AT COST 162,215 139,928
    SPDR DJ WILSHIRE INTERN'L REAL AT COST 237,410 254,280
    T ROWE PRICE INSTITUTIONAL EMERGING AT COST 300,000 252,412
    T ROWE PRICE INSTITUTIONAL FLOAT AT COST 75,000 72,044
    TEMPLETON EMERGING MARKETS AT COST 100,000 111,730
    TEMPLETON FRONTIER MARKETS FUND AT COST    
    TOUCHSTONE SMALL CAP CORE FUND AT COST 175,000 175,000
    VANGUARD EMERGING MARKETS ETF AT COST 226,026 196,260
    VANGUARD HIGH YIELD CORP FUND AT COST 65,108 64,991
    VANGUARD REIT VIPER AT COST 374,794 653,786
    WELLS FARGO ADVANTAGE SHORT-TERM AT COST    
    WESTERN ASSET EMERGING MARKET AT COST 154,272 138,468

    TY 2015 OtherDecreasesSchedule
    Name:
    ZOLLNER FOUNDATION
     
    WELLS FARGO BANK NA(MAC N8000-027)
    EIN:
    35-6381471
    Description Amount
    COST BASIS ADJUSTMENTS 10,172


    TY 2015 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 160      


    TY 2015 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 2,669    


    TY 2015 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 1,347      
    EXCISE TAXES 2,217