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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 07-01-2017 , and ending 06-30-2018
Name of foundation
ZIEF FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)20 EAST 20TH AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN MATEO, CA94403
A Employer identification number

94-1676472
B Telephone number (see instructions)

(650) 403-0403
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$18,451,454J 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.............
3 Interest on savings and temporary cash investments 142,577 142,577 142,577
4 Dividends and interest from securities... 52,498 52,498 52,498
5a Gross rents............ 804,480 804,480 804,480
b Net rental income or (loss) 329,627
6a Net gain or (loss) from sale of assets not on line 10 95,425
b Gross sales price for all assets on line 6a 1,070,526
7 Capital gain net income (from Part IV, line 2)... 95,425
8 Net short-term capital gain......... 0
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).......      
12 Total. Add lines 1 through 11........ 1,094,980 1,094,980 999,555
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 19,394 8,691 8,691 10,703
b Accounting fees (attach schedule)....... Click to see attachment 8,770 4,385 4,385 4,385
c Other professional fees (attach schedule).... Click to see attachment 2,635 2,635 2,635 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 122,156 112,967 112,967 9,189
19 Depreciation (attach schedule) and depletion... Click to see attachment 53,475 53,475 53,475
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 381,839 353,208 353,208 28,631
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 588,269 535,361 535,361 52,908
25 Contributions, gifts, grants paid....... 352,000 352,000
26 Total expenses and disbursements. Add lines 24 and 25 940,269 535,361 535,361 404,908
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 154,711
b Net investment income (if negative, enter -0-) 559,619
c Adjusted net income (if negative, enter -0-)... 464,194
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 47,378 36,655 36,655
2 Savings and temporary cash investments......... 1,260,577 1,123,108 1,123,108
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)....... 2,600,462 Click to see attachment2,551,484 2,649,824
c Investments—corporate bonds (attach schedule)....... 3,282,354 Click to see attachment3,556,087 3,556,087
11 Investments—land, buildings, and equipment: basis bullet1,447,775
Less: accumulated depreciation (attach schedule) bullet658,386 824,431 Click to see attachment789,389 9,500,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet4,932,054
Less: accumulated depreciation (attach schedule) bullet3,542,084 1,408,403 1,389,970 1,389,970
15 Other assets (describe bullet) Click to see attachment64,187 Click to see attachment195,810 Click to see attachment195,810
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,487,792 9,642,503 18,451,454
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 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 986,103 986,103
27 Paid-in or capital surplus, or land, bldg., and equipment fund 8,311,859 8,311,859
28 Retained earnings, accumulated income, endowment, or other funds 189,830 344,541
29 Total net assets or fund balances (see instructions)..... 9,487,792 9,642,503
30 Total liabilities and net assets/fund balances (see instructions). 9,487,792 9,642,503
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
9,487,792
2
Enter amount from Part I, line 27a .....................
2
154,711
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,642,503
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 29 .
6
9,642,503
Form 990-PF (2019)
Form 990-PF (2019)
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 PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c LT CAPITAL GAIN DISTRIBUTION P    
d
e
(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 61,665   64,449 -2,784
b 990,885   910,652 80,233
c 17,976     17,976
d
e
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       -2,784
b       80,233
c       17,976
d
e
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 95,425
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 -2,784
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))
2018 236,470 6,700,000 0.035294
2017 279,654 6,700,000 0.041739
2016 281,770 6,700,000 0.042055
2015 418,089 6,700,000 0.062401
2014 343,077 6,700,000 0.051206
2
Total of line 1, column (d) .....................
2
0.232695
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.046539
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
9,500,000
5
Multiply line 4 by line 3......................
5
442,121
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,596
7
Add lines 5 and 6........................
7
447,717
8
Enter qualifying distributions from Part XII, line 4,.............
8
404,908
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 (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 11,192
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 11,192
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 11,192
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 8,636
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 13,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,136
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
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 10,944
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet10,944 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 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    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 (2019)
    Form 990-PF (2019)
    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 ofbulletRINA ACCOUNTANCY CORPORATION Telephone no.bullet (415) 777-4488

    Located atbullet150 POST STREET SUITE 200SAN FRANCISCOCA ZIP+4bullet94108
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    CURSON DAVE PRESIDENT
    0.00     		0 0 0
    20 EAST 20TH AVENUE
    SAN MATEO,CA94403
    KLEINMAN JOANN CHIEF FINANCIAL OFFICER
    0.00     		0 0 0
    20 EAST 20TH AVENUE
    SAN MATEO,CA94403
    GELZAYD REINART DIRECTOR
    0.00     		0 0 0
    20 EAST 20TH AVENUE
    SAN MATEO,CA94403
    WEINSTEIN ALLISON SECRETARY
    0.00     		0 0 0
    20 EAST 20TH AVENUE
    SAN MATEO,CA94403
    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
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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 A PRINCIPAL PURPOSE OF THE FOUNDATION IS TO PROVIDE HOUSING AND FACILITIES FOR THE DEVELOPMENTALLY DISABLED BY PURCHASING HOMES AND FACILITIES FOR THE USE OF FAMILY HOUSING AND ADULT RESOURCES - FHAR, A NON-PROFIT AGENCY, IN ITS CHARITABLE PROGRAMS. THE HOMES AND FACILITIES PURCHASED BY THE FOUNDATION FOR THIS PURPOSE ARE LEASED TO FHAR ON FAVORABLE TERMS AT EXTREMELY BELOW FAIR MARKET RENTAL VALUES. THE FACILITIES LEASED TO FHAR ARE LONG TERM AND MAY BE RENEWED ON SUCH FAVORABLE TERMS. THE FOUNDATION ALSO FURNISHES SERVICES AND OTHERWISE PROVIDES FINANCIAL AND PROGRAMMATIC SUPPORT TO FAMILY HOUSING AND ADULT RESOURCES IN THEIR CHARITABLE PURPOSES TO PROVIDE SUPPORT AND ASSISTANCE TO INDIVIDUALS THAT HAVE DEVELOPMENTAL DISABILITIES. 404,908
    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 (2019)
    Form 990-PF (2019)
    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
    6,159,264
    b
    Average of monthly cash balances.......................
    1b
    1,309,435
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,500,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,968,699
    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
    16,968,699
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    7,468,699
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,500,000
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    475,000
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
     
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    404,908
    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
    404,908
    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
    404,908
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$  
    a Applied to 2018, but not more than line 2a  
    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 2019 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2019.    
    (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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		 
    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) .......     		 
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
    464,194 274,293 335,000 335,000 1,408,487
    b 85% of line 2a ......... 394,565 233,149 284,750 284,750 1,197,214
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		404,908 236,470 286,683 287,909 1,215,970
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		404,908 236,470 286,683 287,909 1,215,970
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		        0
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income 1,094,980 1,056,651 1,049,147 1,005,800 4,206,578
    Part XV
    Supplementary Information (Complete this part only if the foundation 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 (2019)
    Form 990-PF (2019)
    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
    FAMILY HOUSING AND ADULT RESOURCES INC
    20 EAST 20TH AVENUE
    SAN MATEO,CA94403     		NONE PC TO PROVIDE OPERATIONAL FUNDS AND IMPROVEMENTS TO BUILDINGS, AND TO PURCHASE FURNITURE AND APPLIANCES FOR HOUSING OF THE MENTALLY HANDICAPPED. 352,000
    Total .................................bullet 3a 352,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 ...........     		    14 142,577  
    4 Dividends and interest from securities....     14 52,498  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 531110 145,860     183,767
    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 95,425  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 145,860 290,500 183,767
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    620,127
    (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.)
    5 LEASE MONEY IS ACCUMULATED TO OBTAIN MORE HOMES AND FACILITIES FOR THE DEVELOPMENTALLY DISABLED, AND TO FURNISH SERVICES, AND OTHERWISE PROVIDE FINANCIAL AND PROGRAMMATIC SUPPORT TO ASSIST INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
    Form 990-PF (2019)
    Form 990-PF (2019)
    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) (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) (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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING/TAX PREPARATION 8,770 4,385 4,385 4,385

    TY 2017 CashDeemedCharitableExplnStmt
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Explanation:
    AS PART OF THE FUNCTION AND OBJECTIVES OF THE FOUNDATION,CASH IS ACCUMULATED TO BUY MORE HOUSES THAT ARE USED TO HOUSE MENTALLY HANDICAPPED ADULTS AND CHILDREN. THEREFORE, THE CASH IS DEEMED TO BE HELD FOR CHARITABLE ACTIVITIES.

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

    TY 2017 DepreciationSchedule
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    ALUMINUM WINDOWS 1984-05-31 1,500 1,500 SL 18.000000000000 0 0 0  
    IMPROVEMENT - TILE 1986-02-20 1,733 1,733 SL 19.000000000000 0 0 0  
    ROOF 1986-12-30 3,700 3,503 SL 19.000000000000 0 0 0  
    ELEVATOR 1987-08-03 3,334 3,334 SL 27.500000000000 0 0 0  
    IMPROVEMENTS 1987-10-16 1,470 1,470 SL 27.500000000000 0 0 0  
    DOORS 1990-09-21 1,600 1,532 SL 27.500000000000 44 44 44  
    FURNITURE 1993-03-25 965 965 SL 7.000000000000 0 0 0  
    FURNACES 1996-06-26 4,800 4,800 SL 7.000000000000 0 0 0  
    CARPET 1996-12-04 1,494 1,494 SL 7.000000000000 0 0 0  
    WINDOWS 1996-08-30 3,255 2,419 SL 27.500000000000 118 118 118  
    ROOF 1997-05-29 19,750 14,181 SL 27.500000000000 718 718 718  
    WINDOWS 1999-08-28 44,500 28,315 SL 27.500000000000 1,618 1,618 1,618  
    BUILDING 1973-03-01 303,000 303,000 SL 25.000000000000 0 0 0  
    LAND 1973-03-01 104,890   SL 0 % 0 0 0  
    FURNITURE 2000-09-13 899 899 SL 7.000000000000 0 0 0  
    FURNACE 2001-01-15 1,650 1,650 SL 7.000000000000 0 0 0  
    CARPET 2002-10-11 15,000 15,000 SL 5.000000000000 0 0 0  
    CARPET 2003-03-11 2,100 2,100 SL 5.000000000000 0 0 0  
    CARPET 2003-03-14 2,100 2,100 SL 5.000000000000 0 0 0  
    CARPET 2003-09-24 1,205 1,205 SL 5.000000000000 0 0 0  
    (2) STOVES 2003-11-03 1,714 1,714 SL 5.000000000000 0 0 0  
    CARPET 2003-12-05 1,250 1,250 SL 5.000000000000 0 0 0  
    STOVE 2003-12-20 881 881 SL 5.000000000000 0 0 0  
    CARPET 2003-12-31 1,246 1,246 SL 5.000000000000 0 0 0  
    STOVE 2004-01-17 1,199 1,199 SL 5.000000000000 0 0 0  
    REFRIGERATOR 2004-05-05 763 763 SL 5.000000000000 0 0 0  
    CARPET 2004-05-25 2,249 2,249 SL 5.000000000000 0 0 0  
    APPLIANCES 2004-06-28 3,048 3,048 SL 5.000000000000 0 0 0  
    CARPET 2004-07-12 2,250 2,250 SL 5.000000000000 0 0 0  
    CARPET 2004-10-08 887 887 SL 5.000000000000 0 0 0  
    CARPET 2005-07-25 1,596 1,596 SL 5.000000000000 0 0 0  
    CARPET 2005-09-14 2,480 2,480 SL 5.000000000000 0 0 0  
    IMPROVEMENT 2006-03-02 1,104 437 SL 27.500000000000 40 40 40  
    IMPROVEMENT 2006-03-30 2,010 797 SL 27.500000000000 73 73 73  
    IMPROVEMENT 2006-09-15 2,671 1,010 SL 27.500000000000 97 97 97  
    IMPROVEMENT 2006-10-13 1,500 568 SL 27.500000000000 55 55 55  
    IMPROVEMENT 2007-03-29 1,285 466 SL 27.500000000000 47 47 47  
    IMPROVEMENT 2007-04-10 589 207 SL 27.500000000000 21 21 21  
    IMPROVEMENT 2007-06-12 1,005 358 SL 27.500000000000 37 37 37  
    IMPROVEMENT 2007-09-14 5,415 1,855 SL 27.500000000000 197 197 197  
    INTERCOM 2007-06-12 1,150 1,090 SL 5.000000000000 0 0 0  
    CARPET 2007-06-27 2,557 2,422 SL 5.000000000000 0 0 0  
    INTERCOM 2007-07-09 1,150 1,090 SL 5.000000000000 0 0 0  
    MAILBOXES 2007-08-16 1,096 1,075 SL 5.000000000000 0 0 0  
    MAILBOXES 2007-09-21 1,572 1,569 SL 5.000000000000 0 0 0  
    IMPROVEMENTS 2008-12-31 2,508 743 SL 27.500000000000 91 91 91  
    PIPING 2008-06-14 4,250 1,343 SL 27.500000000000 155 155 155  
    IMPROVEMENTS 2008-12-08 15,877 4,712 SL 27.500000000000 577 577 577  
    REFRIGERATOR 2008-06-30 1,300 1,300 SL 5.000000000000 0 0 0  
    INTERCOM 2008-07-11 1,097 1,097 SL 5.000000000000 0 0 0  
    STOVE 2008-04-30 1,161 1,161 SL 5.000000000000 0 0 0  
    STOVE 2008-06-14 2,430 2,430 SL 5.000000000000 0 0 0  
    CARPET 2008-06-14 2,609 2,609 SL 5.000000000000 0 0 0  
    IMPROVEMENT 2009-07-01 243,250 67,075 SL 27.500000000000 8,845 8,845 8,845  
    IMPROVEMENT 2010-07-01 18,240 4,365 SL 27.500000000000 663 663 663  
    REMODELING 2011-07-01 459,314 93,253 SL 27.500000000000 16,702 16,702 16,702  
    IMPROVEMENT 2012-02-01 61,547 11,377 SL 27.500000000000 2,238 2,238 2,238  
    REMODELING 2012-02-22 18,435 3,573 SL 27.500000000000 670 670 670  
    REMODELING 2012-01-31 10,172 2,004 SL 27.500000000000 370 370 370  
    OVEN 2012-02-07 1,141 491 SL 7.000000000000 80 80 80  
    DISHWASHER 2012-02-02 832 354 SL 7.000000000000 59 59 59  
    965 PATRICIA STREET - BUILDING 1988-06-27 221,250 221,250 SL 27.500000000000 0 0 0  
    965 PATRICIA STREET - LAND 1988-06-27 73,750   L   0 0 0  
    2655 BELMONT CANYON ROAD - BUILDING 1988-06-27 600,000 600,000 SL 27.500000000000 0 0 0  
    2655 BELMONT CANYON ROAD - LAND 1988-06-27 200,000   L   0 0 0  
    3600 SNEATH LANE - BUILDING 1988-06-27 232,500 232,500 SL 27.500000000000 0 0 0  
    3600 SNEATH LANE - LAND 1988-06-27 77,500   L   0 0 0  
    270 MERCED - BUILDING 1988-06-27 225,000 225,000 SL 27.500000000000 0 0 0  
    270 MERCED - LAND 1988-06-27 75,000   L   0 0 0  
    453 ACACIA AVENUE - BUILDING 1988-06-27 268,357 268,357 SL 27.500000000000 0 0 0  
    453 ACACIA AVENUE - LANE 1988-06-27 89,452   L   0 0 0  
    111 EAST PAPLAR - BUILDING 1988-06-27 216,723 216,723 SL 27.500000000000 0 0 0  
    111 EAST PAPLAR - LAND 1988-06-27 72,241   L   0 0 0  
    1400 EL CAMINO #120 - BUILDING 1988-06-27 125,140 125,140 SL 27.500000000000 0 0 0  
    1400 EL CAMINO #120 - LAND 1988-06-27 41,713   L   0 0 0  
    1400 EL CAMINO #135 - BUILDING 1988-06-27 149,914 149,914 SL 27.500000000000 0 0 0  
    1400 EL CAMINO #135 - LAND 1988-06-27 49,971   L   0 0 0  
    1444 EL CAMINO #5 - BUILDING 1988-06-27 176,920 176,920 SL 27.500000000000 0 0 0  
    1444 EL CAMINO #5 - LAND 1988-06-27 58,973   L   0 0 0  
    20 E. 20TH AVE, SAN MATEO - BUILDING 1988-06-27 1,083,673 1,083,673 SL 27.500000000000 0 0 0  
    20 E. 20TH AVE, SAN MATEO - LAND 1988-06-27 361,224   L   0 0 0  
    IMPROVEMENTS 2005-01-01 338,673 153,941 SL 27.500000000000 12,315 12,315 12,315  
    IMPROVEMENTS 2008-01-01 16,578 6,933 SL 27.500000000000 603 603 603  
    PERSONAL PROPERTY 2008-01-01 30,766 30,766 SL 5.000000000000 0 0 0  
    IMPROVEMENTS 2012-01-01 85,465 17,094 SL 27.500000000000 3,108 3,108 3,108  
    APPLIANCES 2012-01-01 6,468 6,468 SL 5.000000000000 0 0 0  
    IMPROVEMENT 2013-01-01 15,050 2,462 SL 27.500000000000 547 547 547  
    IMPROVEMENT 2014-01-01 37,223 4,739 SL 27.500000000000 1,354 1,354 1,354  
    APPLIANCES 2014-01-01 2,529 1,771 SL 5.000000000000 506 506 506  
    IMPROVEMENTS 2017-01-01 42,000 764 SL 27.500000000000 1,527 1,527 1,527  

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BOSTON PRIVATE BANK 3,556,087 3,556,087

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BOSTON PRIVATE BANK 2,532,191 2,617,834
    FRANKLIN TEMPLETON FUND 19,293 31,990

    TY 2017 InvestmentsLandSchedule2
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    ALUMINUM WINDOWS 1,500 1,500 0  
    IMPROVEMENT - TILE 1,733 1,733 0  
    ROOF 3,700 3,503 197  
    ELEVATOR 3,334 3,334 0  
    IMPROVEMENTS 1,470 1,470 0  
    DOORS 1,600 1,576 24  
    FURNITURE 965 965 0  
    FURNACES 4,800 4,800 0  
    CARPET 1,494 1,494 0  
    WINDOWS 3,255 2,537 718  
    ROOF 19,750 14,899 4,851  
    WINDOWS 44,500 29,933 14,567  
    BUILDING 303,000 303,000 0  
    LAND 104,890 0 104,890  
    FURNITURE 899 899 0  
    FURNACE 1,650 1,650 0  
    CARPET 15,000 15,000 0  
    CARPET 2,100 2,100 0  
    CARPET 2,100 2,100 0  
    CARPET 1,205 1,205 0  
    (2) STOVES 1,714 1,714 0  
    CARPET 1,250 1,250 0  
    STOVE 881 881 0  
    CARPET 1,246 1,246 0  
    STOVE 1,199 1,199 0  
    REFRIGERATOR 763 763 0  
    CARPET 2,249 2,249 0  
    APPLIANCES 3,048 3,048 0  
    CARPET 2,250 2,250 0  
    CARPET 887 887 0  
    CARPET 1,596 1,596 0  
    CARPET 2,480 2,480 0  
    IMPROVEMENT 1,104 477 627  
    IMPROVEMENT 2,010 870 1,140  
    IMPROVEMENT 2,671 1,107 1,564  
    IMPROVEMENT 1,500 623 877  
    IMPROVEMENT 1,285 513 772  
    IMPROVEMENT 589 228 361  
    IMPROVEMENT 1,005 395 610  
    IMPROVEMENT 5,415 2,052 3,363  
    INTERCOM 1,150 1,090 60  
    CARPET 2,557 2,422 135  
    INTERCOM 1,150 1,090 60  
    MAILBOXES 1,096 1,075 21  
    MAILBOXES 1,572 1,569 3  
    IMPROVEMENTS 2,508 834 1,674  
    PIPING 4,250 1,498 2,752  
    IMPROVEMENTS 15,877 5,289 10,588  
    REFRIGERATOR 1,300 1,300 0  
    INTERCOM 1,097 1,097 0  
    STOVE 1,161 1,161 0  
    STOVE 2,430 2,430 0  
    CARPET 2,609 2,609 0  
    IMPROVEMENT 243,250 75,920 167,330  
    IMPROVEMENT 18,240 5,028 13,212  
    REMODELING 459,314 109,955 349,359  
    IMPROVEMENT 61,547 13,615 47,932  
    REMODELING 18,435 4,243 14,192  
    REMODELING 10,172 2,374 7,798  
    OVEN 1,141 1,141 0  
    DISHWASHER 832 829 3  
    965 PATRICIA STREET - BUILDING 221,250 221,250 0  
    965 PATRICIA STREET - LAND 73,750 0 73,750  
    2655 BELMONT CANYON ROAD - BUILDING 600,000 600,000 0  
    2655 BELMONT CANYON ROAD - LAND 200,000 0 200,000  
    3600 SNEATH LANE - BUILDING 232,500 232,500 0  
    3600 SNEATH LANE - LAND 77,500 0 77,500  
    270 MERCED - BUILDING 225,000 225,000 0  
    270 MERCED - LAND 75,000 0 75,000  
    453 ACACIA AVENUE - BUILDING 268,357 268,357 0  
    453 ACACIA AVENUE - LANE 89,452 0 89,452  
    111 EAST PAPLAR - BUILDING 216,723 216,723 0  
    111 EAST PAPLAR - LAND 72,241 0 72,241  
    1400 EL CAMINO #120 - BUILDING 125,140 125,140 0  
    1400 EL CAMINO #120 - LAND 41,713 0 41,713  
    1400 EL CAMINO #135 - BUILDING 149,914 149,914 0  
    1400 EL CAMINO #135 - LAND 49,971 0 49,971  
    1444 EL CAMINO #5 - BUILDING 176,920 176,920 0  
    1444 EL CAMINO #5 - LAND 58,973 0 58,973  
    20 E. 20TH AVE, SAN MATEO - BUILDING 1,083,673 1,083,673 0  
    20 E. 20TH AVE, SAN MATEO - LAND 361,224 0 361,224  
    IMPROVEMENTS 338,673 166,256 172,417  
    IMPROVEMENTS 16,578 7,536 9,042  
    PERSONAL PROPERTY 30,766 30,766 0  
    IMPROVEMENTS 85,465 20,202 65,263  
    APPLIANCES 6,468 6,468 0  
    IMPROVEMENT 15,050 3,009 12,041  
    IMPROVEMENT 37,223 6,093 31,130  
    APPLIANCES 2,529 2,277 252  
    IMPROVEMENTS 42,000 2,291 39,709  

    TY 2017 LegalFeesSchedule
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 19,394 8,691 8,691 10,703


    TY 2017 OtherAssetsSchedule
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS HELD BY MANAGEMENT COMPANY - PACIFIC RENTAL 64,187 195,810 195,810


    TY 2017 OtherExpensesSchedule
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 25,833 0 0 25,833
    BANK CHARGES 47,432 47,432 47,432 0
    ENVIRONMENTAL REMEDIATION EXPENDITURES 2,748 0 0 2,748
    MISCELLANEOUS EXPENSE 50 0 0 50
    INSURANCE - PACIFIC 12,490 12,490 12,490 0
    PERMITS 3,864 3,864 3,864 0
    MATERIALS AND SUPPLIES 30,512 30,512 30,512 0
    REPAIRS 174,167 174,167 174,167 0
    UTILITIES 31,413 31,413 31,413 0
    TELPHONE 1,653 1,653 1,653 0
    MONITORING/ALARMS 265 265 265 0
    DEPOSIT INTEREST REBATE 549 549 549 0
    CLEANING/MAINTENANCE 15,778 15,778 15,778 0
    ELEVATOR SERVICE 2,240 2,240 2,240 0
    PEST CONTROL 381 381 381 0
    MANAGEMENT FEES 26,737 26,737 26,737 0
    RENTAL COMMISSIONS 2,598 2,598 2,598 0
    SECURITY DEPOSITS REFUNDED 2,250 2,250 2,250 0
    CABLEVISION 699 699 699 0
    RBF REIMBURSEMENTS 23 23 23 0
    MISCELLANEOUS EXPENSE 157 157 157 0


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL & PROFESSIONAL FEES 2,635 2,635 2,635 0


    TY 2017 TaxesSchedule
    Name:
    ZIEF FAMILY FOUNDATION INC
    EIN:
    94-1676472
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 9,029 0 0 9,029
    STATE REGISTRATION & FILING FEES 10 0 0 10
    RRF1 FEE 150 0 0 150
    PROPERTY TAX EXPENSE 112,967 112,967 112,967 0