Form990-PF
Click to see attachment

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
The K A Zankel Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)333 Grant Avenue No 704
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
San Francisco, CA94108
A Employer identification number

20-6667302
B Telephone number (see instructions)

(415) 834-0191
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$11,716,320J 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... 129,281 129,281  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 616,654
b Gross sales price for all assets on line 6a 1,709,376
7 Capital gain net income (from Part IV, line 2)... 616,654
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 12,347 12,347  
12 Total. Add lines 1 through 11........ 758,282 758,282  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 60,000 6,000   54,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,040 104   936
b Accounting fees (attach schedule)....... Click to see attachment 7,680 768   6,912
c Other professional fees (attach schedule).... Click to see attachment 109,331 109,331   0
17 Interest............... 3,873 3,873   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 20,018 1,962   0
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 30,332 30,332   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 232,274 152,370   61,848
25 Contributions, gifts, grants paid....... 494,167 494,167
26 Total expenses and disbursements. Add lines 24 and 25 726,441 152,370   556,015
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 31,841
b Net investment income (if negative, enter -0-) 605,912
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............. 361,188 237,851 237,851
2 Savings and temporary cash investments......... 27,080 14,498 14,498
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)      
b Investments—corporate stock (attach schedule)....... 2,818,883 Click to see attachment3,446,545 4,719,159
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,592,485 Click to see attachment3,663,496 6,052,836
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment167,464 Click to see attachment632,983 Click to see attachment691,976
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,967,100 7,995,373 11,716,320
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) Click to see attachment3,568 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 3,568 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 7,963,532 7,995,373
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    
30 Total net assets or fund balances (see instructions)..... 7,963,532 7,995,373
31 Total liabilities and net assets/fund balances (see instructions). 7,967,100 7,995,373
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
7,963,532
2
Enter amount from Part I, line 27a .....................
2
31,841
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,995,373
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,995,373
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 100 shs Abbott Laboratories P 2014-04-16 2015-02-19
b 60 shs Abbott Laboratories P 2014-04-16 2015-06-19
c 5 shs Abbott Laboratories P 2014-05-30 2015-06-19
d 145 shs Abbott Laboratories P 2014-05-30 2015-09-25
e 170 shs Abbott Laboratories P 2014-06-10 2015-09-25
30 shs Abbott Laboratories P 2014-06-18 2015-09-25
100 shs Abbott Laboratories P 2014-06-18 2015-09-28
140 shs Abbott Laboratories P 2014-07-17 2015-09-28
110 shs Abbott Laboratories P 2014-12-30 2015-09-28
35 shs Alexion Pharmaceuticals Inc. P 2013-04-25 2015-01-13
25 shs Alexion Pharmaceuticals Inc. P 2013-05-09 2015-01-13
25 shs Alexion Pharmaceuticals Inc. P 2013-05-09 2015-07-27
12 shs Alexion Pharmaceuticals Inc. P 2013-06-06 2015-07-27
2 shs Alphabet Inc Cl A P 2012-03-01 2015-10-20
50 shs Apple Inc P 2015-02-12 2015-06-19
55 shs Apple Inc P 2015-02-13 2015-08-05
55 shs Apple Inc P 2015-02-18 2015-08-06
45 shs Apple Inc P 2015-02-27 2015-08-06
40 shs Apple Inc P 2015-03-09 2015-08-06
30 shs Apple Inc P 2015-05-08 2015-08-06
65 shs Baidu.com, Inc. P 2014-11-21 2015-05-07
5 shs Baidu.com, Inc. P 2014-12-11 2015-05-07
35 shs Baidu.com, Inc. P 2014-12-11 2015-05-15
25 shs Baidu.com, Inc. P 2014-12-26 2015-05-15
21 shs Biogen Idec Inc. P 2013-11-19 2015-03-25
1 shs Biogen Idec Inc. P 2013-11-22 2015-03-25
25 shs Biogen Idec Inc. P 2013-11-22 2015-07-23
19 shs Biogen Idec Inc. P 2013-11-22 2015-07-24
13 shs Biogen Idec Inc. P 2013-11-25 2015-07-24
14 shs Biogen Idec Inc. P 2014-04-07 2015-07-24
12 shs Biogen Idec Inc. P 2014-04-09 2015-07-24
10 shs Biogen Idec Inc. P 2014-07-23 2015-07-24
25 shs Biogen Idec Inc. P 2014-12-02 2015-07-24
13 shs Biogen Idec Inc. P 2015-04-24 2015-07-24
10 shs BlackRock, Inc. P 2013-05-15 2015-01-08
9 shs BlackRock, Inc. P 2013-05-15 2015-06-10
16 shs BlackRock, Inc. P 2013-06-26 2015-06-10
4 shs BlackRock, Inc. P 2013-06-26 2015-06-11
17 shs BlackRock, Inc. P 2013-07-18 2015-06-11
50 shs Celgene Corp Com P 2006-07-17 2015-01-29
30 shs Celgene Corp Com P 2006-07-17 2015-02-12
10 shs Celgene Corp Com P 2008-09-08 2015-02-12
15 shs Celgene Corp Com P 2008-09-08 2015-03-06
70 shs Celgene Corp Com P 2008-09-08 2015-06-03
75 shs Celgene Corp Com P 2008-09-08 2015-06-04
65 shs Celgene Corp Com P 2008-09-08 2015-06-10
55 shs Celgene Corp Com P 2008-09-08 2015-07-29
48 shs Cerner Corp Com P 2015-06-11 2015-11-06
57 shs Cerner Corp Com P 2015-06-11 2015-11-10
15 shs Cerner Corp Com P 2015-06-12 2015-11-10
90 shs Cerner Corp Com P 2015-06-12 2015-11-13
70 shs Cognizant Technology Sol. P 2013-09-25 2015-04-07
45 shs Cognizant Technology Sol. P 2013-10-03 2015-04-07
130 shs Comcast Corp. P 2014-04-09 2015-06-17
10 shs Comcast Corp. P 2014-04-09 2015-08-24
180 shs Comcast Corp. P 2014-04-16 2015-08-24
110 shs Comcast Corp. P 2014-04-22 2015-08-24
150 shs Comcast Corp. P 2014-10-27 2015-08-25
50 shs Comcast Corp. P 2014-12-30 2015-08-25
110 shs Discovery Comm Inc. P 2012-02-03 2015-01-08
50 shs Discovery Comm Inc. P 2012-02-03 2015-02-11
30 shs Discovery Comm Inc. P 2013-05-09 2015-02-11
40 shs Discovery Comm Inc. P 2013-05-09 2015-02-12
60 shs Discovery Comm Inc. P 2014-03-13 2015-02-12
110 shs Discovery Comm. Group P 2011-05-02 2015-02-11
65 shs Discovery Comm. Group P 2012-02-03 2015-02-11
110 shs Discovery Comm. Group P 2012-02-03 2015-02-12
15 shs Discovery Comm. Group P 2012-02-03 2015-02-13
70 shs Discovery Comm. Group P 2013-05-09 2015-02-13
60 shs Discovery Comm. Group P 2014-03-13 2015-02-13
75 shs Dollar General Corp. P 2012-12-11 2015-06-19
55 shs Dollar Tree, Inc P 2014-07-31 2015-06-19
45 shs Dollar Tree, Inc P 2014-07-31 2015-07-02
35 shs Dollar Tree, Inc P 2014-08-01 2015-07-02
45 shs Dollar Tree, Inc P 2014-08-01 2015-07-31
5 shs Dollar Tree, Inc P 2014-08-04 2015-07-31
65 shs Dollar Tree, Inc P 2014-08-04 2015-10-30
30 shs Dollar Tree, Inc P 2014-11-19 2015-10-30
60 shs Dollar Tree, Inc P 2014-11-19 2015-12-17
60 shs Dollar Tree, Inc P 2014-11-20 2015-12-17
40 shs Dollar Tree, Inc P 2014-11-20 2015-12-18
80 shs Dollar Tree, Inc P 2015-01-12 2015-12-18
0.085 shs Google Inc Cl C P 2012-03-01 2015-05-04
62 shs IMS Health Holdings, Inc. P 2015-05-29 2015-11-30
138 shs IMS Health Holdings, Inc. P 2015-05-29 2015-12-03
5 shs IMS Health Holdings, Inc. P 2015-06-04 2015-12-03
110 shs IMS Health Holdings, Inc. P 2015-06-04 2015-12-04
85 shs IMS Health Holdings, Inc. P 2015-06-04 2015-12-07
25 shs IMS Health Holdings, Inc. P 2015-06-22 2015-12-07
115 shs IMS Health Holdings, Inc. P 2015-06-22 2015-12-15
45 shs IMS Health Holdings, Inc. P 2015-06-22 2015-12-16
70 shs IMS Health Holdings, Inc. P 2015-07-31 2015-12-16
85 shs IMS Health Holdings, Inc. P 2015-07-31 2015-12-21
105 shs IMS Health Holdings, Inc. P 2015-08-06 2015-12-21
70 shs Las Vegas Sands Corp. P 2012-04-26 2015-03-06
125 shs Las Vegas Sands Corp. P 2012-07-26 2015-03-06
85 shs Las Vegas Sands Corp. P 2012-07-26 2015-03-09
90 shs Las Vegas Sands Corp. P 2012-09-19 2015-03-09
10 shs Monsanto Co New Com P 2012-04-27 2015-06-19
25 shs Monsanto Co New Com P 2012-05-11 2015-06-19
35 shs Monsanto Co New Com P 2012-05-11 2015-06-24
10 shs Monsanto Co New Com P 2012-05-11 2015-07-27
100 shs Monsanto Co New Com P 2012-05-31 2015-07-27
15 shs Monsanto Co New Com P 2013-07-02 2015-07-27
25 shs Monsanto Co New Com P 2013-07-02 2015-07-28
30 shs Monsanto Co New Com P 2013-08-01 2015-07-28
40 shs Monsanto Co New Com P 2013-10-03 2015-07-28
30 shs Monsanto Co New Com P 2015-04-01 2015-07-28
30 shs Monsanto Co New Com P 2015-04-27 2015-07-28
40 shs Monster Beverage Corporation P 2013-06-27 2015-01-08
5 shs Monster Beverage Corporation P 2013-06-27 2015-01-12
60 shs Monster Beverage Corporation P 2013-08-09 2015-01-12
25 shs Monster Beverage Corporation P 2013-11-08 2015-01-12
10 shs Monster Beverage Corporation P 2013-11-08 2015-03-06
25 shs Monster Beverage Corporation P 2013-11-08 2015-08-04
10 shs Monster Beverage Corporation P 2014-04-17 2015-08-04
35 shs NXP Semiconductors NV P 2014-12-15 2015-06-15
25 shs Perrigo Co Com P 2014-06-18 2015-04-10
10 shs Perrigo Co Com P 2014-06-18 2015-04-13
20 shs Perrigo Co Com P 2014-06-25 2015-04-13
20 shs Perrigo Co Com P 2014-06-25 2015-04-21
12 shs Perrigo Co Com P 2014-06-26 2015-04-21
28 shs Perrigo Co Com P 2014-06-26 2015-04-24
60 shs Perrigo Co Com P 2014-08-14 2015-04-24
40 shs Perrigo Co Com P 2014-10-30 2015-04-24
20 shs Perrigo Co Com P 2014-11-06 2015-04-24
20 shs Precision Castparts Corp. P 2013-08-01 2015-01-07
13 shs Precision Castparts Corp. P 2013-08-13 2015-01-07
3 shs Precision Castparts Corp. P 2013-08-22 2015-01-07
10 shs Precision Castparts Corp. P 2013-08-22 2015-01-16
20 shs Precision Castparts Corp. P 2014-05-27 2015-01-16
10 shs Precision Castparts Corp. P 2014-05-29 2015-01-16
10 shs Precision Castparts Corp. P 2014-05-29 2015-01-23
10 shs Precision Castparts Corp. P 2014-07-07 2015-01-23
25 shs Precision Castparts Corp. P 2014-07-07 2015-02-17
9 shs Precision Castparts Corp. P 2014-07-24 2015-02-17
25 shs Precision Castparts Corp. P 2014-07-24 2015-02-18
30 shs Precision Castparts Corp. P 2014-07-25 2015-02-18
4 shs Regeneron Pharmaceuticals Inc. P 2013-12-23 2015-02-13
14 shs Regeneron Pharmaceuticals Inc. P 2013-12-23 2015-03-24
13 shs Regeneron Pharmaceuticals Inc. P 2013-12-23 2015-04-13
4 shs Regeneron Pharmaceuticals Inc. P 2013-12-26 2015-04-13
10 shs Regeneron Pharmaceuticals Inc. P 2013-12-26 2015-05-21
6 shs Regeneron Pharmaceuticals Inc. P 2013-12-26 2015-06-08
5 shs Regeneron Pharmaceuticals Inc. P 2013-12-27 2015-06-08
12 shs Regeneron Pharmaceuticals Inc. P 2013-12-27 2015-08-04
3 shs Regeneron Pharmaceuticals Inc. P 2013-12-27 2015-08-11
4 shs Regeneron Pharmaceuticals Inc. P 2014-01-10 2015-08-11
145 shs Safran SA P 2014-03-18 2015-02-19
45 shs Safran SA P 2014-03-18 2015-03-24
210 shs Safran SA P 2014-03-19 2015-03-24
15 shs Safran SA P 2014-03-20 2015-03-24
205 shs Safran SA P 2014-03-20 2015-03-25
5 shs Safran SA P 2014-03-21 2015-03-25
205 shs Safran SA P 2014-03-21 2015-03-26
35 shs Safran SA P 2014-03-25 2015-03-26
125 shs Safran SA P 2014-03-25 2015-03-27
130 shs Safran SA P 2014-03-26 2015-03-27
70 shs Safran SA P 2014-10-23 2015-03-27
200 shs Safran SA P 2014-10-23 2015-03-30
125 shs Starbucks Corp. P 2014-01-24 2015-04-01
80 shs Starbucks Corp. P 2014-01-24 2015-06-15
50 shs Starbucks Corp. P 2014-01-24 2015-06-19
25 shs Starbucks Corp. P 2014-02-04 2015-06-19
130 shs Starbucks Corp. P 2014-02-04 2015-07-29
45 shs Starbucks Corp. P 2014-02-04 2015-09-25
50 shs Starbucks Corp. P 2014-02-06 2015-09-25
90 shs Starbucks Corp. P 2014-02-06 2015-10-22
80 shs Starbucks Corp. P 2014-02-10 2015-10-22
95 shs Starbucks Corp. P 2014-02-10 2015-12-15
80 shs Time Warner Inc. P 2013-03-08 2015-04-23
27 shs Time Warner Inc. P 2013-03-15 2015-04-23
83 shs Time Warner Inc. P 2013-03-15 2015-04-24
40 shs Time Warner Inc. P 2013-03-15 2015-06-10
20 shs Time Warner Inc. P 2013-03-15 2015-06-17
20 shs Time Warner Inc. P 2013-09-25 2015-06-17
50 shs Time Warner Inc. P 2013-09-25 2015-08-14
45 shs Time Warner Inc. P 2014-10-16 2015-08-14
95 shs Time Warner Inc. P 2014-10-16 2015-08-19
25 shs Time Warner Inc. P 2014-11-05 2015-08-19
55 shs Time Warner Inc. P 2014-11-05 2015-08-20
70 shs Time Warner Inc. P 2015-02-11 2015-08-20
40 shs Verisk Analytics, Inc. P 2015-05-27 2015-10-22
40 shs Verisk Analytics, Inc. P 2015-05-28 2015-10-27
15 shs Verisk Analytics, Inc. P 2015-06-04 2015-10-27
65 shs Verisk Analytics, Inc. P 2015-06-04 2015-10-28
125 shs Verisk Analytics, Inc. P 2015-07-29 2015-10-28
5 shs Verisk Analytics, Inc. P 2015-07-29 2015-10-29
55 shs Verisk Analytics, Inc. P 2015-08-19 2015-10-29
180 shs Visa Inc. P 2011-04-27 2015-11-02
70 shs Visa Inc. P 2011-05-06 2015-11-02
55 shs Wynn Resorts Ltd P 2013-05-30 2015-02-25
35 shs Wynn Resorts Ltd P 2013-06-26 2015-02-25
15 shs Wynn Resorts Ltd P 2013-06-26 2015-02-26
20 shs Wynn Resorts Ltd P 2013-07-11 2015-02-26
20 shs Wynn Resorts Ltd P 2013-12-04 2015-02-26
5 shs Wynn Resorts Ltd P 2013-12-05 2015-02-26
60 shs Yum Brands Inc Com P 2015-04-24 2015-05-27
80 shs Yum Brands Inc Com P 2015-04-24 2015-05-29
REYNOLDS AMERN INC - COMMON P 2015-06-12 2015-06-12
2,700 shs LORILLARD INC - COM STK USD 0.01 P 2013-09-03 2015-06-12
600 shs DIRECTV - COMMON P 2012-11-28 2015-07-27
1,300 shs COACH INC - COMMON P 2013-10-23 2015-10-23
1,200 shs COACH INC - COMMON P 2013-02-01 2015-10-23
AT&T INC - COMMON P 2012-11-28 2015-07-27
1,135 shs AT&T INC - COMMON P 2012-11-28 2015-10-23
200 shs INDIVIOR PLC - COMMON P 2013-07-30 2015-10-26
700 shs ENSCO PLC - COMMON CLASS A P 2006-08-17 2015-10-23
1,300 shs BROOKFIELD ASSET MGT - CLASS A LTD VTG P 2009-07-08 2015-10-23
800 shs INDIVIOR PLC - COMMON P 2010-01-13 2015-10-26
70 shs TEVA PHARMACEUTICAL - ADR (1 ORD) P 2006-12-21 2015-11-17
1,550 shs BROOKFIELD ASSET MGT - CLASS A LTD VTG P 2009-07-08 2015-11-17
Davidson Kempner Institutional Partners L.P. P   2015-12-31
Davidson Kempner Institutional Partners L.P. P   2015-12-31
HIGHBROOK INCOME PROPERTY FUND, LP P   2015-12-31
Leerink Revelation Healthcare Fund I, L.P. P   2015-12-31
Leerink Revelation Healthcare Fund I, L.P. P   2015-12-31
Merced Partners III, L.P. P   2015-12-31
Merced Partners III, L.P. P   2015-12-31
Taconic shs Redeemed P   2015-06-01
(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 4,626   3,809 817
b 2,991   2,285 706
c 249   199 50
d 6,052   5,772 280
e 7,095   6,844 251
1,252   1,202 50
3,954   4,006 -52
5,535   5,872 -337
4,349   5,053 -704
6,258   3,228 3,030
4,470   2,474 1,996
4,943   2,474 2,469
2,373   1,105 1,268
1,289   613 676
6,328   6,358 -30
6,411   6,935 -524
6,304   7,047 -743
5,158   5,834 -676
4,585   5,112 -527
3,438   3,817 -379
12,501   15,877 -3,376
962   1,221 -259
6,661   8,246 -1,585
4,758   5,890 -1,132
9,136   5,505 3,631
435   262 173
9,727   6,959 2,768
5,867   5,691 176
4,014   3,894 120
4,323   4,193 130
3,706   3,594 112
3,088   2,995 93
7,720   8,206 -486
4,014   5,252 -1,238
3,522   2,848 674
3,206   2,563 643
5,700   4,100 1,600
1,432   1,025 407
6,084   4,682 1,402
5,985   1,122 4,863
3,490   673 2,817
1,163   332 831
1,777   498 1,279
7,889   2,324 5,565
8,391   2,490 5,901
7,307   2,158 5,149
7,296   1,826 5,470
2,906   3,265 -359
3,361   3,877 -516
884   1,020 -136
5,063   6,122 -1,059
4,370   2,920 1,450
2,809   1,877 932
7,708   6,435 1,273
553   495 58
9,953   8,821 1,132
6,082   5,628 454
8,272   8,155 117
2,757   2,961 -204
3,421   2,408 1,013
1,484   1,400 84
890   840 50
1,178   1,527 -349
1,767   2,513 -746
3,340   2,496 844
1,974   1,475 499
3,324   2,472 852
462   544 -82
2,157   2,538 -381
1,849   2,581 -732
5,885   3,414 2,471
4,401   3,063 1,338
3,604   2,506 1,098
2,803   1,914 889
3,503   2,461 1,042
389   278 111
4,227   3,618 609
1,951   1,873 78
4,621   3,745 876
4,621   3,922 699
3,028   2,614 414
6,057   5,526 531
45   26 19
1,722   1,842 -120
3,693   4,099 -406
134   149 -15
2,916   3,286 -370
2,215   2,539 -324
652   796 -144
2,925   3,663 -738
1,150   1,433 -283
1,788   2,311 -523
2,204   2,807 -603
2,722   3,293 -571
3,855   2,988 867
6,884   5,336 1,548
4,526   3,466 1,060
4,792   3,670 1,122
1,131   780 351
2,827   1,788 1,039
3,860   2,503 1,357
1,016   715 301
10,158   7,740 2,418
1,524   1,471 53
2,515   2,452 63
3,017   2,984 33
4,023   4,154 -131
3,017   3,475 -458
3,017   3,567 -550
4,704   2,367 2,337
570   311 259
6,842   3,737 3,105
2,851   1,557 1,294
1,367   562 805
3,813   1,404 2,409
1,525   660 865
3,575   2,532 1,043
4,989   3,568 1,421
2,017   1,427 590
4,033   2,926 1,107
3,886   2,926 960
2,332   1,776 556
5,469   4,145 1,324
11,720   8,835 2,885
7,813   6,396 1,417
3,907   3,154 753
4,573   4,471 102
2,972   2,823 149
686   658 28
1,975   2,193 -218
3,950   5,024 -1,074
1,975   2,524 -549
2,072   2,524 -452
2,072   2,543 -471
5,127   6,357 -1,230
1,846   2,156 -310
5,174   5,990 -816
6,208   7,036 -828
1,590   1,118 472
6,690   3,913 2,777
6,011   3,634 2,377
1,849   1,120 729
5,101   2,799 2,302
3,165   1,679 1,486
2,637   1,386 1,251
7,009   3,327 3,682
1,699   832 867
2,266   1,059 1,207
2,497   2,466 31
794   765 29
3,707   3,601 106
265   257 8
3,616   3,518 98
88   87 1
3,544   3,583 -39
605   616 -11
2,182   2,200 -18
2,269   2,279 -10
1,222   1,082 140
3,484   3,091 393
11,632   9,492 2,140
4,168   3,037 1,131
2,710   1,898 812
1,355   889 466
7,457   4,620 2,837
2,633   1,599 1,034
2,925   1,804 1,121
5,494   3,248 2,246
4,884   2,989 1,895
5,723   3,550 2,173
6,790   4,398 2,392
2,291   1,467 824
7,068   4,508 2,560
3,420   2,173 1,247
1,742   1,086 656
1,742   1,232 510
3,923   3,080 843
3,531   3,395 136
7,472   7,167 305
1,966   1,919 47
4,108   4,221 -113
5,229   5,707 -478
3,182   2,951 231
3,200   2,940 260
1,200   1,113 87
4,742   4,824 -82
9,120   9,849 -729
351   394 -43
3,864   4,263 -399
13,492   3,523 9,969
5,247   1,388 3,859
7,908   7,516 392
5,032   4,783 249
2,143   2,421 -278
2,857   3,228 -371
2,857   3,228 -371
714   807 -93
5,540   5,100 440
7,208   6,800 408
31   31 0
193,019   113,888 79,131
17,100     17,100
38,923   62,894 -23,971
35,929   59,733 -23,804
7   5 2
38,335   29,147 9,188
635   355 280
11,343   29,122 -17,779
45,817   13,721 32,096
2,540   1,045 1,495
4,182   2,188 1,994
51,787   16,359 35,428
25,688     25,688
15,074     15,074
59,755     59,755
1,238     1,238
1,516     1,516
4,627     4,627
54,870     54,870
329,911   123,531 206,380
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       817
b       706
c       50
d       280
e       251
      50
      -52
      -337
      -704
      3,030
      1,996
      2,469
      1,268
      676
      -30
      -524
      -743
      -676
      -527
      -379
      -3,376
      -259
      -1,585
      -1,132
      3,631
      173
      2,768
      176
      120
      130
      112
      93
      -486
      -1,238
      674
      643
      1,600
      407
      1,402
      4,863
      2,817
      831
      1,279
      5,565
      5,901
      5,149
      5,470
      -359
      -516
      -136
      -1,059
      1,450
      932
      1,273
      58
      1,132
      454
      117
      -204
      1,013
      84
      50
      -349
      -746
      844
      499
      852
      -82
      -381
      -732
      2,471
      1,338
      1,098
      889
      1,042
      111
      609
      78
      876
      699
      414
      531
      19
      -120
      -406
      -15
      -370
      -324
      -144
      -738
      -283
      -523
      -603
      -571
      867
      1,548
      1,060
      1,122
      351
      1,039
      1,357
      301
      2,418
      53
      63
      33
      -131
      -458
      -550
      2,337
      259
      3,105
      1,294
      805
      2,409
      865
      1,043
      1,421
      590
      1,107
      960
      556
      1,324
      2,885
      1,417
      753
      102
      149
      28
      -218
      -1,074
      -549
      -452
      -471
      -1,230
      -310
      -816
      -828
      472
      2,777
      2,377
      729
      2,302
      1,486
      1,251
      3,682
      867
      1,207
      31
      29
      106
      8
      98
      1
      -39
      -11
      -18
      -10
      140
      393
      2,140
      1,131
      812
      466
      2,837
      1,034
      1,121
      2,246
      1,895
      2,173
      2,392
      824
      2,560
      1,247
      656
      510
      843
      136
      305
      47
      -113
      -478
      231
      260
      87
      -82
      -729
      -43
      -399
      9,969
      3,859
      392
      249
      -278
      -371
      -371
      -93
      440
      408
      0
      79,131
      17,100
      -23,971
      -23,804
      2
      9,188
      280
      -17,779
      32,096
      1,495
      1,994
      35,428
      25,688
      15,074
      59,755
      1,238
      1,516
      4,627
      54,870
      206,380
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 2 616,654
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  
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 616,357 10,880,406 0.056648
2013 461,816 10,685,646 0.043218
2012 478,901 10,354,768 0.046249
2011 440,768 10,790,427 0.040848
2010 646,168 10,449,724 0.061836
2
Total of line 1, column (d) .....................
20.248799
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
0.049760
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
12,138,144
5
Multiply line 4 by line 3......................
5
603,994
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
6,059
7
Add lines 5 and 6........................
7
610,053
8
Enter qualifying distributions from Part XII, line 4.............
8
556,015
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 12,118
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 0
3 Add lines 1 and 2........................... 3 12,118
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 12,118
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 14,200
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 14,200
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 32
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 2,050
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,050 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletCA
    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
    Yes
     
    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 ofbulletKenneth A Zankel Telephone no.bullet (415) 834-0191

    Located atbullet333 Grant Avenue 704San FranciscoCA ZIP+4bullet94108
    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
     
    No
    ........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
     
    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 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
    Kenneth Zankel Trustee
    8.00     		60,000 0 0
    333 Grant Avenue 704
    San Francisco,CA94108
    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 0
    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.............bullet0
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    11,336,824
    b
    Average of monthly cash balances.......................
    1b
    541,703
    c
    Fair market value of all other assets (see instructions)................
    1c
    444,462
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,322,989
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    12,322,989
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    184,845
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,138,144
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    606,907
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    606,907
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    12,118
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,118
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    594,789
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    594,789
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    594,789
    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
    556,015
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    556,015
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    556,015
    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 7 594,789
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014...... 34,094
    fTotal of lines 3a through e........ 34,094
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 556,015
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 556,015
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 34,094 34,094
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		4,680
    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) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    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).)
    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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    Aububon Canyon Ranch - for Bouverie Preserve
    PO Box 1195
    Glen Ellen,CA95442     		None public Charity To pretect nature land preservation, nature education and conservation science 7,500
    CARNEGIE HALL SOCIETY
    881 Seventh Avenue
    New York,NY10019     		None Public Charity Improve artistic and financial strength of Carnegie 30,000
    City Arts & Lectures
    1955 Sutter Street
    San Francisco,CA94115     		None Public Charity Support programs with leading figures in arts and ideas 10,000
    CPMC Foundation
    2323 Sacramento St 2
    San Francisco,CA94115     		None Public Charity Develop philanthropic resources for California Pacific Medical Center 5,000
    EPATT
    PO Box 60597
    Palo Alto,CA94306     		None public Charity Provide free after-school programming and parent educ to underserved youth & families 5,000
    Friends of Malibu Urgent Care Center
    PO Box 6836
    Malibu,CA90264     		None public Charity Support the existance of the only local medical facility that offers walk-in service 10,000
    GGRA SCHOLARSHIP FOUNDATION
    120 Montgomery Street Suite 1280
    SAN Francisco,CA94104     		None Public Charity Fund scholarships for students in food service 10,000
    GLEN ELLEN FIREFIGHTERS ASSOCIATION
    13445 Arnold Drive
    Glen Ellen,CA95422     		None PUblic Charity SUPPORT THE LOCAL FIRE PROTECTION DISTRICT TO PROTECT THE LIVES AND PROPERTY OF THE COMMUNITY 5,000
    Impact Bay Area
    1724 Mandela Pkwy
    Oakland,CA94607     		None Public Charity Support self-defense and empowerment training using padded mock assailant instructors 1,000
    Malibu Woman's Club
    PO Box 2853
    Malibu,CA90265     		None public Charity Promote education of the youth of Malibu 5,000
    MUSEUM OF THE AFRICAN DIASPORA
    685 MISSION STREET
    SAN Francisco,CA94105     		NOne Public Charity SHOWCASE THE HISTORY, ART, AND CULTURAL RICHNESS OF AFRICANS THROUGHOUT THE WORLD 2,500
    MUSICIANS ON CALL
    1131 BROADWAY SUITE 630
    NEW York,NY10010     		None Public Charity Promote the healing process for patients, families & caregivers 75,000
    National Public Radio Foundation
    Dept 6054
    Washington,DC20042     		None Public Charity Support the mission to create a more informed public 66,667
    Nature Conservancy
    22 Bridge Street 4th Floor
    Concord,NH03301     		none Public Charity To support the preservation and conservation of land and water 5,000
    NorCal GSP Rescue
    PO Box 933
    Menlo Park,CA94026     		None Public Charity Assist in finding homes for unwanted & abandoned German Shorthaired Pointers in No. California 2,500
    Public theater
    425 Lafayette Street
    NEW HAVEN,NY10003     		None Public Charity Support a high quality professional theater at an affordable price 10,000
    QUARRYHILL BOTANICAL GARDEN
    PO Box 232
    GLEN Ellen,CA95442     		NONE PUBlic Charity PROVIDE LIVING EXAMPLES OF THE BEAUTIFUL AND THREATENED TEMPERATE FLORA OF EAST ASIA 10,000
    SAN FRANCISCO BALLET
    455 FRANKLIN STREET
    SAN FRANCISCO,CA94102     		NONE PUBLIC Charity PROVIDE quality performances and THE HIGHEST CALIBER OF DANCE TRAINING 10,000
    SF Jazz
    201 Franklin Street
    San Francisco,CA94102     		None Public Charity Promote the creation, presentation and education of jazz music 10,000
    SAN FRANCISCO OPERA
    301 VAN NESS AVENUE
    SAN FRANCISCO,CA94102     		None public Charity PRESENT quality OPERA PERFORMANCES AND TO PERPETUATE AND ENRICH THE OPERATIC ART FORM 10,000
    SAN FRANCISCO SPCA
    201 ALABAMA STREET
    SAN FRancisco,CA94103     		NONE PUBlic Charity TO SAVE AND PROTECT ANIMALS by PROVIDing CARE and TREATMENT and ADVOCATing FOR THEIR WELFARE 10,000
    SAN FRANCISCO SYMPHONY
    201 VAN NESS AVENUE
    SAN FRancisco,CA94102     		NONe PUBLic Charity To ENRICH SERVE, AND SHAPE CULTURAL LIFE THROUGHOUT THE SPECTRUM OF BAY AREA COMMUNITIES 10,000
    San Francisco Unified School District
    750 25th Avenue
    San Francisco,CA94121     		None Public Charity Support education in hospitality, tourism & culinary arts 20,000
    SEBASTOPOL CENTER FOR THE ARTS
    282 S HIGH STREET
    SEBASTOPOL,CA95472     		NONE PUBlic Charity Provide GALLERY EXHIBITIONS, WORKSHOPS, CLASSES, AND EVENTS 12,500
    Seed of Peace
    370 Lexington Avenue Suite 1201
    New York,NY10017     		NONE PUBlic Charity Inspires and cultivates new generations of global leaders in communities divided by conflict 500
    Shatterproof
    205 E 42nd Street 17th Floor
    New York,NY10017     		NONE PUBlic Charity Support those addicted to alcohol or other drugs 1,000
    Skidmore College
    815 N Broadway
    Saratoga Springs,NY12866     		None Public Charity Support liberal arts & science majors by linking theoretical with applied learning 25,000
    SOCIETY OF ILLUSTRATORS
    128 E 63RD STREET
    NEW YORK,NY10065     		None Public Charity Promote the art & appreciation of illustrations 25,000
    SOROPTIMIST INTERNATIONAL OF VISALIA
    PO Box 747
    VISALIA,CA93279     		NONe PUBLIC Charity IMPROVE THE LIVES OF WOMEN AND GIRLS THROUGH PROGRAMS LEADING TO SOCIAL AND ECONOMIC EMPOWERMENT 5,000
    St Anthony Foundation
    150 Golden Gate Avenue
    San Francisco,CA94102     		none public Charity Support those in need of food, healing, shelter & clothing 5,000
    TEACHERS COLLEGE COLUMBIA
    525 WEST 120TH STREET
    NEW YORk,NY10027     		NONE PUBlic Charity SUPPORT LEADERS, EDUCATORS & INNOVATORS WHO WILL REVOLUTIONIZE TEACHING AND LEARNING 25,000
    The Metropolitan Muesum of Art
    1000 5th Avenue
    New York,NY10028     		None Public Charity To support the preservation & collection of art at the highest level of quality 25,000
    The Stone Research Foundation
    3727 Buchanan Street 310
    San Francisco,CA94123     		None Public Charity Support research for the treatment and prevention of arthritis and sports injuries 10,000
    VISALIA COUNTY CENTER ROTARY
    PO BOX 1366
    VISALIA,CA93279     		NONe Public Charity PROVIDE HUMANITARIAN SERVICE, ENCOURAGE ETHICAL STANDARDS IN ALL VOCATIONS, & HELP BUILD GOODWILL & PEACE 5,000
    Weill-Cornell Institute of Geriatric Psych
    525 East 68th Street
    New York,NY10065     		None Public Charity Support research in late-life psychiatric disorders, train researchers & provide care 10,000
    Mental Health Association of NYC
    157 Chambers St
    New York,NY10007     		None Public Charity Provide behavioral health services and educational programs 10,000
    Zankel Donor Advised Fund
    333 Grant Avenue 704
    San Francisco,CA94108     		  Public Charity Donor advised fund 5,000
    Total .................................bullet 3a 494,167
    bApproved for future payment
    Total .................................bullet 3b 0
    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....     14 129,281  
    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.....     14 14,424  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 616,654  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aMAP 2015, L.P.     		    14 -2,077  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 758,282 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13758,282
    (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:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accountant's fees 7,680 768   6,912

    TY 2015 GeneralExplanationAttachment
    Name:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Identifier Return Reference Explanation
    Distribution to Donor Advised Fund Form 990-PF, Part VII-A, Line 12 The foundation made a $5,000 distribution to a donor advised fund and is treated as a qualifying distribution. The distributions will be used to support an IRC Section 501(c)(3) public charity.

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Name of Stock End of Year Book Value End of Year Fair Market Value
    First Manhattan Co. 1,390,208 2,576,206
    RBC Capital Markets, LLC 957,546 1,181,948
    Charles Schwab & Co 1,098,791 961,005

    TY 2015 InvestmentsOtherSchedule2
    Name:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Kensico Offshore Fund Ltd. FMV 1,000,000 2,923,589
    Davidson Kempner Institutional Partners FMV 675,351 764,702
    Highbrook Income Property Fund, LP FMV 361,205 361,205
    Highbrook II FMV 115,868 115,542
    Merced Partners III, LP FMV 399,402 433,737
    Merced Partners III (Cayman), LP FMV 24,961 4,523
    NH Merced III Off, LLC FMV 10,010 628
    MAP 2015 LP FMV 83,979 83,979
    SA2013OffHold, Ltd FMV 29,276 32,414
    Taconic Opportunity Offshore Fund FMV 626,469 942,468
    V3 Realty Partners Offshore Fund FMV 250,000 333,215
    Worsley Holdings, LLC FMV 43,251 15,396
    LEERINK REVELATION HEALTHCARE FUND I, L.P. FMV 43,724 41,438

    TY 2015 LegalFeesSchedule
    Name:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal fees 1,040 104   936


    TY 2015 OtherAssetsSchedule
    Name:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Worsley Holding, LLC Receivable 151,154 132,983 191,976
    EMPIRE CAPITAL RECEIVABLE 16,310    
    Davidson Kempner Institutional Partners L.P. Receivable   500,000 500,000


    TY 2015 OtherExpensesSchedule
    Name:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Fees 90 90   0
    ADR fees 34 34   0
    Portfolio deductions 28,704 28,704   0
    D&O INSURANCE 1,504 1,504   0


    TY 2015 OtherIncomeSchedule2
    Name:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Davidson Kempner Institutional Partners 11,802 11,802 11,802
    Merced Partners III, LP 2,622 2,622 2,622
    MAP 2015, L.P. -2,077 -2,077 -2,077


    TY 2015 OtherLiabilitiesSchedule
    Name:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Description Beginning of Year - Book Value End of Year - Book Value
    BANK OVERDRAFT 3,568 0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 109,331 109,331   0


    TY 2015 TaxesSchedule
    Name:
    The K A Zankel Foundation
    EIN:
    20-6667302
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Attorney General's Registry of Charitable Trusts 75 0   0
    Federal Excise Tax 17,971 0   0
    Franchise Tax Board filing fees 10 0   0
    Tax Withheld on Foreign income 1,962 1,962   0