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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE ZEIST FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)3715 NORTHSIDE PKWY NW NO 3-195
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30327
A Employer identification number

58-1890927
B Telephone number (see instructions)

(404) 949-3160
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$269,620,315J 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 197,995 197,995  
4 Dividends and interest from securities... 1,549,579 1,549,579  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,298,277
b Gross sales price for all assets on line 6a 77,085,890
7 Capital gain net income (from Part IV, line 2)... 4,298,277
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 584,633 584,633  
12 Total. Add lines 1 through 11........ 6,630,484 6,630,484  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 613,427 26,250   587,177
14 Other employee salaries and wages...... 204,146 0   204,146
15 Pension plans, employee benefits....... 120,347 0   120,347
16a Legal fees (attach schedule)......... Click to see attachment 15,355 0   15,355
b Accounting fees (attach schedule)....... Click to see attachment 12,500 0   12,500
c Other professional fees (attach schedule).... Click to see attachment 1,944,996 1,207,573   737,423
17 Interest............... 31,648 31,648   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 234,394 121,522   58,872
19 Depreciation (attach schedule) and depletion... Click to see attachment 3,323 3,323  
20 Occupancy.............. 58,154 0   58,154
21 Travel, conferences, and meetings....... 2,079 0   2,079
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,517,285 1,472,571   44,714
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,757,654 2,862,887   1,840,767
25 Contributions, gifts, grants paid....... 11,243,686 11,243,686
26 Total expenses and disbursements. Add lines 24 and 25 16,001,340 2,862,887   13,084,453
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -9,370,856
b Net investment income (if negative, enter -0-) 3,767,597
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 4,723,523 3,566,192 3,566,192
2 Savings and temporary cash investments.........      
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) bullet3,829,526
Less: allowance for doubtful accounts bullet0 3,829,526 3,829,526 3,829,526
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).......      
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).......... 242,748,533 Click to see attachment261,032,539 261,032,539
14 Land, buildings, and equipment: basis bullet417,868
Less: accumulated depreciation (attach schedule) bullet125,810 295,378 Click to see attachment292,058 292,058
15 Other assets (describe bullet) Click to see attachment900,000 Click to see attachment900,000 Click to see attachment900,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 252,496,960 269,620,315 269,620,315
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 attachment66,043 Click to see attachment2,169
23 Total liabilities (add lines 17 through 22)......... 66,043 2,169
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........ 222,736,480 222,736,480
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 29,694,437 46,881,666
29 Total net assets or fund balances (see instructions)..... 252,430,917 269,618,146
30 Total liabilities and net assets/fund balances (see instructions). 252,496,960 269,620,315
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
252,430,917
2
Enter amount from Part I, line 27a .....................
2
-9,370,856
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
26,558,085
4
Add lines 1, 2, and 3 ..........................
4
269,618,146
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
269,618,146
Form 990-PF (2020)
Form 990-PF (2020)
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 CARNELIAN ENERGY CAPITAL II LP P 2020-01-01 2020-12-31
b CARNELIAN ENERGY CAPITAL II LP P 2019-12-30 2020-12-31
c CEDAR ROCK P 2020-01-01 2020-12-31
d COMMONFUND CAP VEN PTR XII P 2020-01-01 2020-12-31
e COMMONFUND CAP VEN PTR XII P 2020-01-01 2020-12-31
COMMONFUND CAP VEN PTR XII P 2019-12-30 2020-12-31
COMMONFUND CAP VEN PTR XII P 2019-12-30 2020-12-31
DAVIDSON KEMPNER LT DIST OPP FD IV P 2019-12-30 2020-12-31
DAVIDSON KEMPNER INSTITUTIONAL PARTNERS P 2020-01-01 2020-12-31
DAVIDSON KEMPNER INSTITUTIONAL PARTNERS P 2019-12-30 2020-12-31
ECHO STREET P 2020-01-01 2020-12-31
ECHO STREET P 2019-12-30 2020-12-31
FARALLON EQUITY PARTNERS P 2020-01-01 2020-12-31
FARALLON EQUITY PARTNERS P 2019-12-30 2020-12-31
GQG PARTNERS EMERGING MARKETS EQ FD P 2020-01-01 2020-12-31
GQG PARTNERS EMERGING MARKETS EQ FD P 2019-12-30 2020-12-31
HIMALAYA CAPITAL INVESTORS P 2020-01-01 2020-12-31
HIMALAYA CAPITAL INVESTORS P 2019-12-30 2020-12-31
OWL VENTURES III P 2020-01-01 2020-12-31
RENAISSANCE INST DIV ALPHA FD P 2020-01-01 2020-12-31
RENAISSANCE INST DIV ALPHA FD P 2019-12-30 2020-12-31
SOUNDPOINT DISTRESSED LOAN OPP I P 2020-01-01 2020-12-31
TRUE WIND CAPITAL LP P 2020-01-01 2020-12-31
TRUE WIND CAPITAL LP P 2019-12-30 2020-12-31
TWC FEEDER AIV LP P 2019-12-30 2020-12-31
WELLINGTON INTL GROWTH P 2020-01-01 2020-12-31
WELLINGTON INTL GROWTH P 2019-12-30 2020-12-31
WTF - MICRO CAP P 2020-01-01 2020-12-31
WTF - MICRO CAP P 2019-12-30 2020-12-31
WTF - RESEARCH EQUITY P 2020-01-01 2020-12-31
WTF - RESEARCH EQUITY P 2019-12-30 2020-12-31
WTF - SELECT LEADERS P 2020-01-01 2020-12-31
WTF - SELECT LEADERS P 2019-12-30 2020-12-31
VIDSYS HOLDINGS LLC P 2007-12-31 2020-12-02
PALO ALTO P 2016-10-01 2020-04-21
WTF - RESEARCH EQUITY P 2016-09-28 2020-06-01
MFO VANGUARD FEDERAL MONEY MARKET FUND P 2020-01-01 2020-12-30
BERKSHIRE HATHAWAY INC P 2005-12-25 2020-06-23
MFO VANGUARD SHORT TERM INVEST GRADE INSTL P 2016-10-03 2020-06-24
BERKSHIRE HATHAWAY INC P 2005-12-25 2020-08-03
BERKSHIRE HATHAWAY INC P 2005-12-25 2020-11-10
MFO VANGUARD CHESTER FD TARGET RETIRE 2040 P 2020-01-01 2020-02-28
MFO VANGUARD CHESTER FD TARGET RETIRE 2040 P 2020-01-01 2020-02-28
MFO VANGUARD CHESTER FD TARGET RETIRE 2020 P 2017-04-17 2020-02-28
MFO VANGUARD LIFE STRATEGY INC FD P 2020-01-01 2020-02-28
MFO VANGUARD LIFE STRATEGY INC FD P 2019-01-01 2020-02-28
EDGEWOOD GROWTH FUND P 2019-01-01 2020-12-31
PFIC NET CAPITAL GAINS P 2019-12-30 2020-12-31
COMMONFUND CAP VEN PTR XII - QSBS P 2019-12-30 2020-12-31
HIRTLE CALLAGHAN PRIVATE EQUITY OFFSHORE FD VII P 2008-07-09 2020-09-30
HIRTLE CALLAGHAN PRIVATE EQUITY OFFSHORE FD VIII P 2011-01-21 2020-09-30
HIRTLE CALLAGHAN PRIVATE EQUITY OFFSHORE FD IX P 2012-12-04 2020-09-30
HIRTLE CALLAGHAN PRIVATE EQUITY OFFSHORE FD X P 2014-10-30 2020-09-30
HIRTLE CALLAGHAN PRIVATE EQUITY OFFSHORE FD V P 2005-11-18 2020-01-01
(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 1,249     1,249
b 10,979     10,979
c 460,152     460,152
d 1,326     1,326
e 3,125     3,125
12,590     12,590
16,478     16,478
    73 -73
19,330     19,330
3,009     3,009
113,108     113,108
141,158     141,158
619,562     619,562
1,666,648     1,666,648
    22,880 -22,880
114,745     114,745
    4,505 -4,505
22,036     22,036
165,084     165,084
    1,900,570 -1,900,570
721,624     721,624
10,359     10,359
330,749     330,749
    33,296 -33,296
    380,640 -380,640
35,125     35,125
142,142     142,142
306,107     306,107
459,052     459,052
    233,017 -233,017
384,510     384,510
    1,922 -1,922
44,172     44,172
    1,292,306 -1,292,306
    391,364 -391,364
335,626     335,626
43,602,904   43,602,904 0
2,175,952   585,600 1,590,352
3,000,000   2,955,585 44,415
899,965   219,600 680,365
1,699,942   366,000 1,333,942
7,736   7,801 -65
46,759   43,616 3,143
781   731 50
104   102 2
3,557   3,345 212
831,359     831,359
1,375,157     1,375,157
92     92
2,601,688   4,668,290 -2,066,602
596,419   862,396 -265,977
4,592,276   5,567,378 -975,102
9,511,154   8,786,665 724,489
    857,027 -857,027
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       1,249
b       10,979
c       460,152
d       1,326
e       3,125
      12,590
      16,478
      -73
      19,330
      3,009
      113,108
      141,158
      619,562
      1,666,648
      -22,880
      114,745
      -4,505
      22,036
      165,084
      -1,900,570
      721,624
      10,359
      330,749
      -33,296
      -380,640
      35,125
      142,142
      306,107
      459,052
      -233,017
      384,510
      -1,922
      44,172
      -1,292,306
      -391,364
      335,626
      0
      1,590,352
      44,415
      680,365
      1,333,942
      -65
      3,143
      50
      2
      212
      831,359
      1,375,157
      92
      -2,066,602
      -265,977
      -975,102
      724,489
      -857,027
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 4,298,277
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 52,370
c All other domestic foundations enter 1.39% 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 52,370
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 52,370
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 221,931
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 221,931
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 10 169,561
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet169,561 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 the instructions
for the 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletGA
    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 2020 or the taxable year beginning in 2020? See the 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 (2020)
    Form 990-PF (2020)
    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
    Yes
     
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletZEISTFOUNDATION.ORG
    14
    The books are in care ofbulletTHE ZEIST COMPANY LLC Telephone no.bullet (404) 949-3160

    Located atbullet3715 NORTHSIDE PKWY NW STE 3-195ATLANTAGA ZIP+4bullet30327
    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 2020, 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
     
    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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    NANCY J BRUMLEY-ROBITAILLE CO-PRESIDENT/DIRECTOR
    13.00     		75,000 18,385 0
    3715 NORTHSIDE PKWY NW STE 3-195
    ATLANTA,GA30327
    R BRAD FOSTER VICE PRESIDENT/DIRECTOR
    7.00     		35,000 0 0
    3715 NORTHSIDE PKWY NW STE 3-195
    ATLANTA,GA30327
    MARIE B FOSTER CO-PRESIDENT/DIRECTOR
    16.00     		75,000 18,385 0
    3715 NORTHSIDE PKWY NW STE 3-195
    ATLANTA,GA30327
    BARBARA K DEBUTTS EXECUTIVE DIRECTOR (FORMER)
    40.00     		172,812 543 0
    3715 NORTHSIDE PKWY NW STE 3-195
    ATLANTA,GA30327
    ATIBA MBIWAN EXECUTIVE DIRECTOR
    40.00     		245,000 32,903 0
    3715 NORTHSIDE PKWY NW STE 3-195
    ATLANTA,GA30327
    DANIELLE GRAY ASSISTANT DIRECTOR
    40.00     		10,615 0 0
    3715 NORTHSIDE PKWY NW STE 3-195
    ATLANTA,GA30327
    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
    PATRICIA JOHNSON GRANTS MANAGER
    40.00     		137,542 10,422 0
    3715 NORTHSIDE PKWY NW STE 3-195
    ATLANTA,GA30327
    GARRY LONG PROPERTY MANAGER
    40.00     		98,483 7,830 0
    3715 NORTHSIDE PKWY NW STE 3-195
    ATLANTA,GA30327
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    THE ZEIST COMPANY LLC ACCOUNTING,TAX,MANAGEMENT & INVESTMENT SERVICES 1,099,996
    3715 NORTHSIDE PKWY
    ATLANTA,GA30327
    MONITCELLO ASSOCIATES INC INVESTMENT SERVICES 300,000
    1800 LARIMER ST
    DENVER,CO80202
    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 MAYSON AVENUE COOPERATIVE, LLC IS A SINGLE MEMBER LIMITED LIABILITY COMPANY, DISREGARDED FOR TAX PURPOSES, WHOLLY-OWNED BY THE ZEIST FOUNDATION, INC. MAYSON AVENUE COOPERATIVE IS THE VEHICLE WHICH CARRIES OUT THE BULK OF THE FOUNDATION'S PLACE BASED PHILANTHROPIC ACTIVITIES. THE COMPANY IS AUTHORIZED TO ENGAGE IN ACTIVITIES IN FURTHERANCE OF EXCLUSIVELY CHARITABLE, SCIENTIFIC, RELIGIOUS, LITERARY AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE IRC. THE DIRECT CHARITABLE ACTIVITIES ENGAGED IN WERE BUILDING COMMUNITY SUPPORT AND SOLICITING NEIGHBORHOOD INPUT FOR A HOUSING REDEVELOPMENT PROJECT IN THE EDGEWOOD COMMUNITY OF ATLANTA, GEORGIA, AND PROVIDING EDUCATIONAL OPPORTUNITIES TO RESIDENTS OF THE PROJECT AND SURROUNDING NEIGHBORHOOD, INCLUDING THE MAINTENANCE OF THE EDGEWOOD COMMUNITY LEARNING GARDEN, IN COOPERATION WITH THE WYLDE CENTER, A LOCAL EDUCATIONAL CHARITY. 1,248,205
    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 (2020)
    Form 990-PF (2020)
    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
    237,741,663
    b
    Average of monthly cash balances.......................
    1b
    3,820,392
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,454,976
    d
    Total (add lines 1a, b, and c).........................
    1d
    246,017,031
    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
    246,017,031
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,690,255
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    242,326,776
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    12,116,339
    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
    12,116,339
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    52,370
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    3,307
    c
    Add lines 2a and 2b............................
    2c
    55,677
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    12,060,662
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    12,060,662
    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
    12,060,662
    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
    13,084,453
    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
    13,084,453
    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
    13,084,453
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 12,060,662
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 10,963,357
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 13,084,453
    a Applied to 2019, but not more than line 2a 10,963,357
    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 2020 distributable amount..... 2,121,096
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		9,939,566
    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
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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 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 (2020)
    Form 990-PF (2020)
    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
    3DE NATIONAL LLC
    3565 PIEDMONT RD NE BLDG 1 STE 460
    ATLANTA,GA30305     		NONE   EDUCATION 100,000
    7 STAGES INC
    1105 EUCLID AVE NE
    ATLANTA,GA30307     		NONE   ARTS & CULTURE 35,000
    ACHIEVE ATLANTA
    191 PEACHTREE ST NE SUITE 1000
    ATLANTA,GA30303     		NONE   EDUCATION 75,000
    AGAPE COMMUNITY CENTER
    2353 BOLTON RD NW STE 100
    ATLANTA,GA30318     		NONE   EDUCATION 50,000
    ALLIANCE THEATER
    1280 PEACHTREE STREET NE
    ATLANTA,GA30309     		NONE   ARTS & CULTURE 100,000
    ATHENS AREA COMMUNITY FOUNDATION
    150 W HANCOCK AVE
    ATHENS,GA30601     		NONE   HEALTH & HUMAN SERVICES 10,000
    ATLANTA BALLET INC THE
    1400 W PEACHTREE STREET NW
    ATLANTA,GA30309     		NONE   ARTS & CULTURE 50,000
    ATLANTA BOTANICAL GARDEN
    1345 PIEDMONT AVENUE NE
    ATLANTA,GA30309     		NONE   HEALTH & HUMAN SERVICES 50,000
    ATLANTA CHILDREN'S SHELTER
    PO BOX 54322
    ATLANTA,GA30308     		NONE   EDUCATION 50,000
    ATLANTA COMMUNITY FOOD BANK
    732 JOSEPH E LOWERY BLVD NW
    ATLANTA,GA30318     		NONE   HEALTH & HUMAN SERVICES 250,000
    ATLANTA HISTORY CENTER
    130 W PACES FERRY RD NW
    ATLANTA,GA30305     		NONE   ARTS & CULTURE 50,000
    ATLANTA MISSION
    2353 BOLTON RD
    ATLANTA,GA30318     		NONE   HEALTH & HUMAN SERVICES 300,000
    ATLANTA NEIGHBORHOOD CHARTER SCHOOL
    688 GRANT STREET
    ATLANTA,GA30315     		NONE   EDUCATION 50,000
    ATLANTA OPERA THE
    1575 NORTHSIDE DR NW BLDG 300
    ATLANTA,GA30318     		NONE   ARTS & CULTURE 50,000
    ATLANTA POLICE FOUNDATION
    191 PEACHTREE ST NE SUITE 191
    ATLANTA,GA30303     		NONE   HEALTH & HUMAN SERVICES 160,000
    ATLANTA RONALD MCDONALD HOUSE
    795 GATEWOOD ROAD NE
    ATLANTA,GA30329     		NONE   HEALTH & HUMAN SERVICES 100,000
    ATLANTA SPEECH SCHOOL
    3160 NORTHSIDE PARKWAY NW
    ATLANTA,GA30327     		NONE   EDUCATION 300,000
    ATLANTA SYMPHONY ORCHESTRA
    1280 PEACHTREE STREET NE STE 4074
    ATLANTA,GA30309     		NONE   ARTS & CULTURE 100,000
    BIG BROTHERS BIG SISTERS OF METRO ATLANTA
    1382 PEACHTREE ST NE
    ATLANTA,GA30309     		NONE   HEALTH & HUMAN SERVICES 40,000
    BLOOM OUR YOUTH
    150 MARQUIS DRIVE
    FAYETTEVILLE,GA30214     		NONE   HEALTH & HUMAN SERVICES 100,000
    BLUE HERON NATURE PRESERVE
    4055 ROSWELL RD
    ATLANTA,GA30342     		NONE   HEALTH & HUMAN SERVICES 15,000
    BOYS & GIRLS CLUB OF METRO ATLANTA
    1275 PEACHTREE ST NE STE 50
    ATLANTA,GA30309     		NONE   HEALTH & HUMAN SERVICES 75,000
    BREAKTHROUGH ATLANTA
    4075 PACES FERRY ROAD NW
    ATLANTA,GA30327     		NONE   EDUCATION 75,000
    BUCKHEAD CHRISTIAN MINISTRY
    2847 PIEDMONT ROAD
    ATLANTA,GA30305     		NONE   HEALTH & HUMAN SERVICES 175,000
    CAMP TWIN LAKES
    600 MEANS STREET SUITE 110
    ATLANTA,GA30318     		NONE   HEALTH & HUMAN SERVICES 150,000
    CARE USA
    151 ELLIS STREET NE
    ATLANTA,GA30303     		NONE   HEALTH & HUMAN SERVICES 50,000
    CENTER FOR PUPPETRY ARTS
    1404 SPRING ST NW
    ATLANTA,GA30309     		NONE   ARTS & CULTURE 50,000
    CHATTAHOCHEE NATURE CENTER
    PO BOX 769769
    ROSWELL,GA30076     		NONE   HEALTH & HUMAN SERVICES 50,000
    CHILDREN'S HEALTHCARE OF ATLANTA
    1577 NORTHEAST EXPRESSWAY SUITE A
    ATLANTA,GA30329     		NONE   HEALTH & HUMAN SERVICES 1,000,000
    CHILDREN'S MUSEUM OF ATLANTA
    274 OLYMPIC PARK DRIVE NW
    ATLANTA,GA30313     		NONE   ARTS & CULTURE 25,000
    CHRIS 180
    1017 FAYETTEVILLE RD SUITE B
    ATLANTA,GA30316     		NONE   HEALTH & HUMAN SERVICES 100,000
    COBB COMMUNITY FOUNDATION
    1100 CIRCLE 75 PKWY 1000
    ATLANTA,GA30339     		NONE   HEALTH & HUMAN SERVICES 20,000
    COMMUNITIES IN SCHOOLS ATLANTA
    260 PEACHTREE STREET STE 750
    ATLANTA,GA30303     		NONE   EDUCATION 50,000
    COMMUNITIES IN SCHOOLS GEORGIA
    260 PEACHTREE STREET SUITE 700
    ATLANTA,GA30303     		NONE   EDUCATION 50,000
    COMMUNITIES OF COASTAL GEORGIA FOUNDATION
    1626 FREDERICA RD 201
    ST SIMONS ISLAND,GA31522     		NONE   COMMUNITY DEVELOPMENT 50,000
    COMMUNITY FOUNDATION CENTRAL SAVANNAH RIVER AREA
    720 ST SEBASTIAN WAY 160
    AUGUSTA,GA30901     		NONE   HEALTH & HUMAN SERVICES 20,000
    COMMUNITY FOUNDATION CHATTAHOOCHEE VALLEY
    1340 13TH ST
    COLUMBUS,GA31901     		NONE   HEALTH & HUMAN SERVICES 10,000
    COMMUNITY FOUNDATION FOR GREATER ATLANTA
    191 PEACHTREE ST NE STE 1000
    ATLANTA,GA30303     		NONE   COMMUNITY DEVELOPMENT 1,260,000
    COMMUNITY FOUNDATION OF CENTRAL GEORGIA
    577 MULBERRY STREET SUITE 1600
    MACON,GA31201     		NONE   HEALTH & HUMAN SERVICES 20,000
    COMMUNITY FOUNDATION OF NE GEORGIA
    6500 SUGARLOAF PKWY
    DULUTH,GA30097     		NONE   HEALTH & HUMAN SERVICES 20,000
    COMMUNITY FOUNDATION OF NW GEORGIA
    714 S THORNTON AVE V
    DALTON,GA30720     		NONE   HEALTH & HUMAN SERVICES 20,000
    COMMUNITY FOUNDATION OF SOUTH GEORGIA
    114 W JACKSON ST
    THOMASVILLE,GA31792     		NONE   HEALTH & HUMAN SERVICES 50,000
    COMMUNITY FOUNDATION OF WEST GEORGIA
    807 S PARK ST
    CARROLLTON,GA30117     		NONE   HEALTH & HUMAN SERVICES 20,000
    CORNERS OUTREACH
    2 SUN CT NW SUITE 220
    PEACHTREE CORNERS,GA30092     		NONE   EDUCATION 30,000
    COVENANT HOUSE GEORGIA
    1559 JOHNSON ROAD NW
    ATLANTA,GA30318     		NONE   HEALTH & HUMAN SERVICES 125,000
    DUKE UNIVERSITY
    1452 FITZPATRICK CENTER
    DURHAM,NC27708     		NONE   HEALTH & HUMAN SERVICES 100,000
    DYSLEXIA RESOURCE TRUST
    282 MT PARAN RD NW
    ATLANTA,GA30327     		NONE   EDUCATION 125,000
    EMORY UNIVERSITY
    1440 CLIFTON ROAD SUITE 170
    ATLANTA,GA30322     		NONE   HEALTH & HUMAN SERVICES 600,000
    FERNBANK MUSEUM OF NATURAL HISTORY THE
    767 CLIFTON ROAD NE
    ATLANTA,GA30307     		NONE   EDUCATION 100,000
    FOOD WELL ALLIANCE
    970 JEFFERSON ST NW
    ATLANTA,GA30318     		NONE   HEALTH & HUMAN SERVICES 100,000
    GEEARS
    3400 PEACHTREE RD NE STE 1720
    ATLANTA,GA30326     		NONE   EDUCATION 115,000
    GEORGIA APPLESEED
    1100 PEACHTREE STREET STE 2800
    ATLANTA,GA30309     		NONE   EDUCATION 25,000
    GEORGIA AQUARIUM
    225 BAKER STREET
    ATLANTA,GA30313     		NONE   EDUCATION 75,000
    GEORGIA CENTER FOR NON PROFITS
    100 PEACHTREE STREET SUITE 1500
    ATLANTA,GA30303     		NONE   COMMUNITY DEVELOPMENT 15,000
    GEORGIA CENTER ON ECONOMIC EDUCATION
    75 PIEDMONT AVE STE 700
    ATLANTA,GA30303     		NONE   EDUCATION 35,000
    GEORGIA FOODBANK ASSOCIATION
    732 JOSEPH E LOWERY BLVD NW
    ATLANTA,GA30318     		NONE   HEALTH & HUMAN SERVICES 175,000
    GEORGIA LEADERSHIP INSTITUTE
    3237 SATELITTE BLVD STE 400
    DULUTH,GA30097     		NONE   EDUCATION 100,000
    GEORGIA ORGANICS INC
    200 A OTTLEY DRIVE
    ATLANTA,GA30324     		NONE   HEALTH & HUMAN SERVICES 100,000
    GEORGIA PARTNERSHIP FOR EXCELLENCE IN EDUCATION
    233 PEACHTREE ST SUITE 2000
    ATLANTA,GA30303     		NONE   EDUCATION 35,000
    GIVING KITCHEN INITIATIVE
    970 JEFFERSON ST NW STE 8
    ATLANTA,GA30318     		NONE   HEALTH & HUMAN SERVICES 100,000
    GRADY HEALTH FOUNDATION
    191 PEACHTREE STREET NE STE 820
    ATLANTA,GA30303     		NONE   HEALTH & HUMAN SERVICES 125,000
    GROVE PARK FOUNDATION
    1566 DONALD LEE HOLLOWELL PKWY
    ATLANTA,GA30318     		NONE   HEALTH & HUMAN SERVICES 175,000
    HEALTH EDUCATION ASSESSMENT & LEADERSHIP INC
    PO BOX 7522
    ATLANTA,GA30357     		NONE   HEALTH & HUMAN SERVICES 75,000
    HIGH MUSEUM OF ART
    1280 PEACHTREE ST NE
    ATLANTA,GA30309     		NONE   ARTS & CULTURE 100,000
    HILL CENTER THE
    3200 PICKETT ROAD
    DURHAM,NC27705     		NONE   EDUCATION 75,000
    HISTORIC OAKLAND FOUNDATION
    248 OAKLAND AVENUE SE
    ATLANTA,GA30312     		NONE   ARTS & CULTURE 25,000
    HORIZONS ATLANTA
    3330 CUMBERLAND BLVD STE 500
    ATLANTA,GA30339     		NONE   EDUCATION 75,000
    INSPIREDU
    1550 SOUTHLAND CIR NW 200
    ATLANTA,GA30318     		NONE   EDUCATION 60,000
    JUNIOR ACHIEVEMENT OF GEORGIA INC
    460 ABERNATHY ROAD
    ATLANTA,GA30328     		NONE   EDUCATION 100,000
    KIPP METRO ATLANTA COLLABORATIVE
    350 TEMPLE STREET NW
    ATLANTA,GA30314     		NONE   EDUCATION 75,000
    LA AMISTAD
    3434 ROSWELL RD NW
    ATLANTA,GA30305     		NONE   EDUCATION 45,000
    LATIN AMERICAN ASSOCIATION
    2750 BUFORD HIGHWAY
    ATLANTA,GA30324     		NONE   EDUCATION 50,000
    MERCY CARE FOUNDATION
    5134 PEACHTREE RD
    CHAMBLEE,GA30341     		NONE   HEALTH & HUMAN SERVICES 100,000
    MOVING IN THE SPIRIT
    PO BOX 170230
    ATLANTA,GA30317     		NONE   ARTS & CULTURE 35,000
    MUSEUM OF DESIGN ATLANTA
    1315 PEACHTREE ST
    ATLANTA,GA30309     		NONE   ARTS & CULTURE 50,000
    MUST MINISTRIES
    1407 COBB PKWY NORTH
    MARIETTA,GA30002     		NONE   HEALTH & HUMAN SERVICES 75,000
    NATIONAL CENTER FOR CIVIL RIGHTS & HUMAN RIGHTS
    250 WILLIAMS STREET NW
    ATLANTA,GA30313     		NONE   EDUCATION 25,000
    NATIONAL CENTRE FOR FAMILY PHILANTHROPY
    1667 K STREET STE 550
    WASHINGTON,DC20006     		NONE   COMMUNITY DEVELOPMENT 7,500
    NICHOLAS HOUSE
    PO BOX 15577
    ATLANTA,GA30333     		NONE   EDUCATION 50,000
    NORTH GEORGIA COMMUNITY FOUNDATION
    615 OAK ST F1300
    GAINESVILLE,GA30501     		NONE   HEALTH & HUMAN SERVICES 50,000
    ODYSSEY INC
    1424 W PACES FERRY ROAD NW
    ATLANTA,GA30327     		NONE   EDUCATION 50,000
    OUR HOUSE INC
    PO BOX 1304
    ATLANTA,GA30329     		NONE   HEALTH & HUMAN SERVICES 150,000
    PAW KIDS
    1643 DONALD LEE HOLLOWELL PKWY NW
    ATLANTA,GA30318     		NONE   EDUCATION 25,000
    PIEDMONT PARK CONSERVANCY INC
    PO BOX 7795
    ATLANTA,GA30357     		NONE   HEALTH & HUMAN SERVICES 35,000
    PRO BONO PARTNERSHIP OF ATLANTA
    999 PEACHTREE STREET STE 2300
    ATLANTA,GA30309     		NONE   COMMUNITY DEVELOPMENT 20,000
    QUALITY CARE FOR CHILDREN
    2751 BUFORD HIGHWAY NE SUITE 500
    ATLANTA,GA30324     		NONE   EDUCATION 125,000
    RAINBOW VILLAGE
    3427 DULUTH HWY 120
    DULUTH,GA30096     		NONE   HEALTH & HUMAN SERVICES 20,000
    REACH OUT AND READ
    145 OLD SANDHURST LANDING
    ATLANTA,GA30022     		NONE   EDUCATION 50,000
    SHELTERING ARMS
    385 CENTENNIAL OLYMPIC PARK DRIVE
    ATLANTA,GA30313     		NONE   HEALTH & HUMAN SERVICES 200,000
    SOUTHEASTERN COUNCIL OF FOUNDATIONS
    50 HURT PLAZA
    ATLANTA,GA30303     		NONE   COMMUNITY DEVELOPMENT 25,290
    TEACH ON PROJECT FKA ATL FAM FOR
    1266 W PACES FERRY RD NW STE 151
    ATLANTA,GA30327     		NONE   EDUCATION 25,000
    THE EMPTY STOCKING FUND
    1975 CENTURY BLVD NE 16
    ATLANTA,GA30345     		NONE   EDUCATION 50,000
    TRUE COLORS THEATRE COMPANY
    887 W MEANS STREET SUITE J-102
    ATLANTA,GA30318     		NONE   ARTS & CULTURE 35,000
    URBAN RECIPE
    970 JEFFERSON ST NW STE 7
    ATLANTA,GA30318     		NONE   COMMUNITY DEVELOPMENT 100,000
    VOICES FOR GEORGIA'S CHILDREN
    100 EDGEWOOD AVE NE SUITE 1580
    ATLANTA,GA30303     		NONE   HEALTH & HUMAN SERVICES 100,000
    VOX TEEN COMMUNICATIONS INC
    229 PEACHREE STREET STE 725
    ATLANTA,GA30303     		NONE   EDUCATION 30,000
    WHITEFOORD INC
    1353 GEORGE BRUMLEY WAY SE
    ATLANTA,GA30317     		NONE   EDUCATION 975,000
    WHOLESOME WAVES GEORGIA
    PO BOX 170118
    ATLANTA,GA30317     		NONE   HEALTH & HUMAN SERVICES 50,000
    WOODRUFF ARTS CENTER
    1280 PEACHTREE STREET
    ATLANTA,GA30309     		NONE   ARTS & CULTURE 50,750
    WYLDE CENTER THE
    435 OAKVIEW RD
    ATLANTA,GA30030     		NONE   COMMUNITY DEVELOPMENT 125,146
    YMCA OF METRO ATLANTA
    100 EDGEWOOD AVENUE SUITE 1100
    ATLANTA,GA30303     		NONE   HEALTH & HUMAN SERVICES 250,000
    ZOO ATLANTA
    800 CHEROKEE AVENUE SE
    ATLANTA,GA30315     		NONE   ARTS & CULTURE 50,000
    Total .................................bullet 3a 11,243,686
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 ...........     		531390   14 197,995  
    4 Dividends and interest from securities.... 531390   14 1,549,579  
    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..... 531390 311,508 14 273,125  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		531390   18 4,298,277  
    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).. 311,508 6,318,976 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,630,484
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES - TAX & ACCOUNTING 12,500 0   12,500

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

    TY 2020 DepreciationSchedule
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    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
    FURNITURE 2007-05-14 8,452 8,452 200DB 7.000000000000 0 0    
    OFFICE FURNITURE 2007-05-14 5,103 5,103 200DB 7.000000000000 0 0    
    OFFICE SPACE BUILDOUT 2007-06-28 38,155 32,523 150DB 15.000000000000 2,253 0    
    LATERAL FILE CABINETS & BOOKCASES 2007-04-11 4,350 4,350 200DB 7.000000000000 0 0    
    CONFERENCE TABLE, 2 CHAIRS & SOFA 2007-04-11 10,727 10,727 200DB 7.000000000000 0 0    
    EGTAGER FOR CONFERENCE ROOM 2007-04-23 2,723 2,723 200DB 7.000000000000 0 0    
    CONFERENCE ROOM CHAIRS 2007-05-22 3,277 3,277 200DB 7.000000000000 0 0    
    LATERAL FILE CABINETS & BOOKCASES 2007-05-31 4,350 4,350 200DB 7.000000000000 0 0    
    OFFICE CHAIRS 2007-06-05 1,677 1,677 200DB 7.000000000000 0 0    
    TABLE REFINISHING 2007-06-26 1,827 1,827 200DB 7.000000000000 0 0    
    RECEPTIONIST CHAIR 2007-07-23 599 599 200DB 7.000000000000 0 0    
    COOPERATIVE BUILDERS - CONSTRUCTION OVERSIGHT 2007-03-29 4,631 3,947 150DB 15.000000000000 274 0    
    COOPERATIVE BUILDERS - CONSTRUCTION OVERSIGHT 2007-04-23 3,371 2,872 150DB 15.000000000000 200 0    
    COOPERATIVE BUILDERS - CONSTRUCTION OVERSIGHT 2007-06-30 2,570 2,191 150DB 15.000000000000 152 0    
    COOPERATIVE BUILDERS - CONSTRUCTION OVERSIGHT 2007-07-18 1,443 1,229 150DB 15.000000000000 86 0    
    COOPERATIVE BUILDERS - CONSTRUCTION OVERSIGHT 2007-10-01 1,204 1,026 150DB 15.000000000000 71 0    
    APPLE IPAD 2012-01-31 1,012 1,012 200DB 5.000000000000 0 0    
    RECOVER WING CHAIR AND OVAL BACK CHAIRS 2013-03-29 575 287 200DB 5.000000000000 0 0    
    OFFICE FURNITURE - CREDENZA, CURIO CABINET, BOOKCASE 2012-07-05 5,505 5,505 200DB 7.000000000000 0 0    
    PARTNER'S DESK 2012-08-22 4,254 4,254 200DB 7.000000000000 0 0    
    FABRIC & LABOR DECORATING 2012-11-28 4,059 4,059 200DB 7.000000000000 0 0    
    OVAL BACK ARM CHAIRS (2) 2012-09-12 1,850 1,850 200DB 7.000000000000 0 0    
    CREDENZA 2012-12-28 3,248 3,248 200DB 7.000000000000 0 0    
    RECOVER SHIELD BACK CHAIR AND 4 ACCENT CHAIRS 2013-03-29 607 303 200DB 5.000000000000 0 0    
    DELL LATITUDE LAPTOP E7240 2014-06-04 2,112 1,056 200DB 5.000000000000 0 0    
    LAPTOP COMPUTER 2015-07-24 1,925 907 200DB 5.000000000000 55 0    
    LAND   287,200     0 % 0 0    
    LAPTOP WITH DVD, DOCKING & EXTERNAL DISPLAY 2016-06-27 2,401 992 200DB 5.000000000000 139 0    
    CESSI ERGO RISE TABLE AND CHAIR 2016-05-12 2,096 721 200DB 7.000000000000 93 0    
    DELL LATITUDE 7000 #1 2017-12-28 2,238   200DB 5.000000000000 0 0    
    DELL LATITUDE 7000 #2 2017-12-28 2,238   200DB 5.000000000000 0 0    
    DELL LATITUDE 7000 #3 2017-12-28 2,087   200DB 5.000000000000 0 0    

    TY 2020 GeneralExplanationAttachment
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Identifier Return Reference Explanation
    SUMMARY OF NOTES AND LOANS RECEIVABLE 990-PF PART II LINE 7 NOTE RECEIVABLE - UPAID SYSTEMS CONVERTIBLE PROMISSORY NOTES $1,020,910RECEIVABLE UPAID BRIDGE NOTES CONVERTIBLE STOCK CERTIFICATES $2,808,616TOTAL NOTES AND LOANS RECEIVABLE $3,829,526
    SUMMARY OF OTHER PROGRAM RELATED ASSETS 990-PF PART II LINE 15 NOTE RECEIVABLE - EDGEWOOD TOWNHOMES, LP $ 900,000TOTAL OTHER ASSETS $ 900,000
    PROGRAM RELATED INVESTMENT 990-PF STATEMENT REGARDING OUTSTANDING PRIOR PROGRAM RELATED INVESTMENTI. NAME AND ADDRESS OF RECIPIENTS OF THE PROGRAM-RELATED INVESTMENT:EDGEWOOD TOWNHOMES, L.P. AND EDGEWOOD TOWNHOMES II, L.P.1718 PEACHTREE STREET, NWSUITE 684ATLANTA, GA 30309II. DATE AND AMOUNT OF PRIOR PROGRAM-RELATED INVESTMENT:PHASE I (EDGEWOOD TOWNHOMES, L.P.: SEPTEMBER 28, 2010):LEASE: LONG-TERM, BELOW-MARKET LEASE FOR $900,000LOAN: BELOW-MARKET INTEREST LOAN OF $900,000PHASE II (EDGEWOOD TOWNHOMES II, L.P.: SEPTEMBER 26, 2011):LEASE: LONG-TERM, BELOW-MARKET LEASE FOR $360,000III. PURPOSE OF THE PROGRAM-RELATED INVESTMENT:THE PURPOSE OF THE ABOVE LEASES AND LOANS IS TO ALLEVIATE THE SHORTAGE OF DECENT, SAFE, SANITARY AND AFFORDABLE HOUSING IN THE CITY OF ATLANTA. ENCOURAGING THE PROVISION OF HOUSING FOR LOW-INCOME PERSONS ACCOMPLISHES CHARITABLE PURPOSES BY RELIEVING THE POOR AND DISTRESSED, LESSENING THE BURDENS OF GOVERNMENT, COMBATTING COMMUNITY DETERIORATION, AND LESSENING NEIGHBORHOOD TENSIONS, AMONG OTHER BENEFITS.IV. THE RECIPIENTS HAVE EXPENDED ALL LOAN PROCEEDS AND UTILIZED THE REAL PROPERTY IN FURTHERANCE OF THE AFFORDABLE HOUSING PROJECT. V. THE RECIPIENTS HAVE NOT DIVERTED ANY PORTION OF THE INVESTMENT FROM THE PURPOSE OF THE INVESTMENT, TO OUR KNOWLEDGE.VI. REPORTS RECEIVED FROM THE RECIPIENTS:ON A REGULAR BASIS, (NO LESS THAN ONE REPORT PER MONTH), THE FOUNDATION RECEIVES WRITTEN FINANCIAL REPORTS AND EITHER WRITTEN OR VERBAL OPERATIONAL REPORTS FROM THE RECIPIENTS. FOR EXAMPLE, THE FOUNDATION RECEIVED REPORTS ON APRIL 16, JULY 13, OCTOBER 12 AND DECEMBER 1 IN 2020.VII. THE DATE AND RESULTS OF ANY VERIFICATION OF THE RECIPIENTS' REPORTS UNDERTAKEN PURSUANT TO AND TO THE EXTENT REQUIRED BY THE REGULATIONS, BY THE FOUNDATION OR BY OTHERS AT THE DIRECTION OF THE FOUNDATION:ON A REGULAR BASIS, THE FOUNDATION REVIEWS THE REPORTS OF THE RECIPIENTS AND PARTICIPATES IN A CONFERENCE WITH THE RECIPIENTS. IN ADDITION, THE FOUNDATION MAKES PERIODIC ON-SITE VISITS BY ITS OFFICERS, AND IT HAS AGENTS WORKING IN THE NEIGHBORHOOD WHO PERIODICALLY VERIFY INFORMATION PROVIDED BY THE RECIPIENTS. THE FOUNDATION PARTICIPATED IN MEETINGS WITH THE RECIPIENTS ON JANUARY 23, APRIL 15, SEPTEMBER 23 AND DECEMBER 16 IN 2020, AS WELL AS HAVING ITS AGENTS ON-SITE REGULARLY.IN ADDITION, ON AN ANNUAL BASIS THE FOUNDATION RECEIVES A CERTIFICATION FROM THE RECIPIENTS THAT THE PROPERTY IS BEING USED IN ACCORDANCE WITH THE USE RESTRICTIONS LOCATED IN ARTICLE III OF THE LEASES AND THAT THE LOAN PROCEEDS ARE BEING USED IN ACCORDANCE WITH THE REQUIREMENT FOUND IN ARTICLE VI OF THE LOAN AGREEMENT.REGARDING THE PROGRAM-RELATED INVESTMENTS, THE FOUNDATION MAINTAINS COPIES OF ALL RELEVANT AGREEMENTS, REPORTS FROM THE RECIPIENTS, AND EACH REPORT OF THE FOUNDATION OR ITS AUDITORS OF ANY INVESTIGATIONS MADE ON ITS BEHALF.
    INVESTMENTS 990-PF PART II LINE 13 THE ZEIST FOUNDATION, INC. FEIN 58-1890927 BALANCE SHEET - INVESTMENTS ATTACHMENT TO 990-PF 31-DEC-20 NORTHERN TRUST ACCT 70910: CASH EQUIV 6,051,806 ALTERNATIVE 189,438,494 EQUITIES 61,911,777 FIXED INCOME 3,601,994TOTAL ACCT 70910 FMV $261,004,072 NORTHERN TRUST ACCT GLOBAL: ALTERNATIVE 26,299 TOTAL ACCT GLOBAL FMV $26,299 NORTHERN TRUST ACCT 70372 - CLOSED - NORTHERN TRUST ACCT 70376 - CLOSED - NORTHERN TRUST ACCT 70373: DEFERRALS 2,169 TOTAL ACCT 70373 FMV $2,169 GRAND TOTAL INVESTMENTS $261,032,540 DETAILED STATEMENTS OF ASSETS AVAILABLE UPON REQUEST

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NORTHERN TRUST - DEFERRALS (SEE ATTACHMENT) FMV 2,169 2,169
    NORTHERN TRUST - ALTERNATIVES (SEE ATTACHMENT) FMV 189,438,494 189,438,494
    NORTHERN TRUST - CASH EQUIVALENTS FMV 6,051,806 6,051,806
    NORTHERN TRUST - EQUITIES (SEE ATTACHMENT) FMV 61,911,777 61,911,777
    NORTHERN TRUST - FIXED INCOME (SEE ATTACHMENT) FMV 3,601,994 3,601,994
    NORTHERN TRUST - GLOBAL (SEE ATTACHMENT) FMV 26,299 26,299

    TY 2020 LandEtcSchedule2
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE 8,452 8,452 0  
    OFFICE FURNITURE 5,103 5,103 0  
    OFFICE SPACE BUILDOUT 38,155 34,776 3,379  
    LATERAL FILE CABINETS & BOOKCASES 4,350 4,350 0  
    CONFERENCE TABLE, 2 CHAIRS & SOFA 10,727 10,727 0  
    EGTAGER FOR CONFERENCE ROOM 2,723 2,723 0  
    CONFERENCE ROOM CHAIRS 3,277 3,277 0  
    LATERAL FILE CABINETS & BOOKCASES 4,350 4,350 0  
    OFFICE CHAIRS 1,677 1,677 0  
    TABLE REFINISHING 1,827 1,827 0  
    RECEPTIONIST CHAIR 599 599 0  
    COOPERATIVE BUILDERS - CONSTRUCTION OVERSIGHT 4,631 4,221 410  
    COOPERATIVE BUILDERS - CONSTRUCTION OVERSIGHT 3,371 3,072 299  
    COOPERATIVE BUILDERS - CONSTRUCTION OVERSIGHT 2,570 2,343 227  
    COOPERATIVE BUILDERS - CONSTRUCTION OVERSIGHT 1,443 1,315 128  
    COOPERATIVE BUILDERS - CONSTRUCTION OVERSIGHT 1,204 1,097 107  
    APPLE IPAD 1,012 1,012 0  
    RECOVER WING CHAIR AND OVAL BACK CHAIRS 575 575 0  
    OFFICE FURNITURE - CREDENZA, CURIO CABINET, BOOKCASE 5,505 5,505 0  
    PARTNER'S DESK 4,254 4,254 0  
    FABRIC & LABOR DECORATING 4,059 4,059 0  
    OVAL BACK ARM CHAIRS (2) 1,850 1,850 0  
    CREDENZA 3,248 3,248 0  
    RECOVER SHIELD BACK CHAIR AND 4 ACCENT CHAIRS 607 607 0  
    DELL LATITUDE LAPTOP E7240 2,112 2,112 0  
    LAPTOP COMPUTER 1,925 1,925 0  
    LAND 287,200 0 287,200  
    LAPTOP WITH DVD, DOCKING & EXTERNAL DISPLAY 2,401 2,332 69  
    CESSI ERGO RISE TABLE AND CHAIR 2,096 1,862 234  
    DELL LATITUDE 7000 #1 2,238 2,238 0  
    DELL LATITUDE 7000 #2 2,238 2,238 0  
    DELL LATITUDE 7000 #3 2,087 2,087 0  


    TY 2020 LegalFeesSchedule
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 15,355 0   15,355


    TY 2020 OtherAssetsSchedule
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MAYSON AVE EDGEWOOD (PRI) LOANS RECEIVABLE 900,000 900,000 900,000


    TY 2020 OtherExpensesSchedule
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND SUBSCRIPTIONS 295 0   295
    EDUCATION 11,749 0   11,749
    INSURANCE - GENERAL LIABILITY 25,003 11,685   13,318
    MEALS & ENTERTAINMENT 822 670   152
    OFFICE EXPENSE 5,921 0   5,921
    POSTAGE & DELIVERY 443 0   443
    TELEPHONE & INTERNET 10,523 0   10,523
    EMPLOYEE EXPENSE REIMBURSEMENTS 849 0   849
    INVESTMENT EXPENSES (PASSTHROUGH K1'S) 1,329,910 1,329,910   0
    GIFTS - NONEMPLOYEE 189 0   189
    INVESTMENT INTEREST EXPENSE (PASSTHROUGH K1S) 130,306 130,306   0
    REPAIRS & MAINTENANCE 1,275 0   1,275


    TY 2020 OtherIncomeSchedule2
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INVESTMENT INCOME - MAYSON AVENUE 30,171 30,171 30,171
    WTF-CTF RESEARCH EQUITY -6,841 -6,841 -6,841
    WTF-CTF SELECT LEADERS -284 -284 -284
    WTF-CTF MICRO CAP -264 -264 -264
    CEDAR ROCK CAPITAL 452 452 452
    CARNELIAN ENERGY CAPITAL II LP 260,569 260,569 260,569
    DAVIDSON KEMPNER INSTITUTIONAL PARTNERS LP 65,988 65,988 65,988
    FARALLON EQUITY PARTNERS 67,776 67,776 67,776
    GQG PARTNERS EM EQUITY FUND -3,993 -3,993 -3,993
    RENAISSANCE INSTITUTIONAL DIV ALPHA FUND 83,523 83,523 83,523
    CAROUSEL CAPITAL PARTNERS V LP -6,127 -6,127 -6,127
    NORTHERN TRUST SECTION 1411 4,234 4,234 4,234
    CARNELIAN ENERGY CAPITAL III LP -12,868 -12,868 -12,868
    COMMONFUND 613 613 613
    HIMALAYA CAPITAL INVESTORS -3,492 -3,492 -3,492
    DEERFIELD HEALTHCARE INNOVATIONS FUND II -20,700 -20,700 -20,700
    ECHO STREET 135,335 135,335 135,335
    SOUNDPOINT DISTRESSED LOAN OPP I 4,827 4,827 4,827
    TRUE WIND CAPITAL II LP -13,209 -13,209 -13,209
    WELLINGTON INTERNATIONAL GROWTH -1,077 -1,077 -1,077


    TY 2020 OtherIncreasesSchedule
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Description Amount
    ADJUSTMENT TO UNREALIZED GAINS/LOSSES ON INVESTMENTS 26,558,085


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRAL PAYABLE 66,043 2,169


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 1,206,669 1,206,669   0
    PROFESSIONAL FEES - FOUNDATION SOURCE 10,000 0   10,000
    PROFESSIONAL FEES - CONSULTING 24,739 904   23,835
    PROFESSIONAL FEES - OTHER 43,588 0   43,588
    MANAGEMENT FEES 660,000 0   660,000


    TY 2020 TaxesSchedule
    Name:
    THE ZEIST FOUNDATION INC
    EIN:
    58-1890927
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES & LICENSES 130 0   130
    TAXES - PAYROLL 58,742 0   58,742
    TAXES - FOREIGN 116,082 116,082   0
    TAXES - EXCISE 54,000 0   0
    TAXES - PROPERTY 5,440 5,440   0