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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
ZOLLNER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

35-6381471
B Telephone number (see instructions)

(888) 730-4933
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$11,637,402J 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      
4 Dividends and interest from securities... 243,570 235,369  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 231,789
b Gross sales price for all assets on line 6a 1,330,952
7 Capital gain net income (from Part IV, line 2)... 231,789
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........ 475,359 467,158  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 105,527 79,145   26,382
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 975 0 0 975
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,716 5,951   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 179 179    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 119,397 85,275 0 27,357
25 Contributions, gifts, grants paid....... 502,000 502,000
26 Total expenses and disbursements. Add lines 24 and 25 621,397 85,275 0 529,357
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -146,038
b Net investment income (if negative, enter -0-) 381,883
c Adjusted net income (if negative, enter -0-)... 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............. 2,801 3,112 3,112
2 Savings and temporary cash investments......... 551,982 476,891 476,891
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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).......   Click to see attachment2,391,316 4,382,853
c Investments—corporate bonds (attach schedule).......   Click to see attachment1,202,349 1,259,813
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,866,246 Click to see attachment4,235,931 5,514,733
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,421,029 8,309,599 11,637,402
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances 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........ 8,421,029 8,309,599
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 8,421,029 8,309,599
30 Total liabilities and net assets/fund balances (see instructions). 8,421,029 8,309,599
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
8,421,029
2
Enter amount from Part I, line 27a .....................
2
-146,038
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
54,698
4
Add lines 1, 2, and 3 ..........................
4
8,329,689
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
20,090
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,309,599
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 45. MICROSOFT CORP   2015-08-10 2020-02-03
b 355. ZOETIS INC   2017-04-25 2020-02-03
c 552.72 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-02-25
d 50000. HSBC HOLDINGS PLC 5.100% 4/05/21   2014-10-03 2020-02-26
e 50000. MORGAN STANLEY 5.500% 7/24/20   2015-12-04 2020-02-26
2115.656 PRINCIPAL HIGH YIELD-R6 #4264   2019-10-09 2020-02-26
5834.306 TCW EMRG MKTS INCM-I 4721   2019-05-08 2020-02-26
50000. US TREASURY NOTE 2.625% 11/15/20   2015-10-23 2020-02-26
50000. US TREASURY NOTE 2.125% 6/30/22   2017-05-19 2020-02-26
40. APPLE INC   2008-10-07 2020-03-03
265. HOME DEPOT INC   2017-03-31 2020-03-03
30. THERMO FISHER SCIENTIFIC INC   2011-02-24 2020-03-03
320. EATON CORP PLC     2020-03-03
5. CVS HEALTH CORPORATION   2019-09-10 2020-03-16
150. CVS HEALTH CORPORATION   2018-01-25 2020-03-16
135. CITIGROUP INC.     2020-03-16
60. ELI LILLY & CO COM   2016-10-03 2020-03-16
60. MICROSOFT CORP   2015-08-10 2020-03-16
125. MONDELEZ INTERNATIONAL INC   2018-12-03 2020-03-16
145. TORONTO DOMINION BK ONT COM NEW   2019-07-30 2020-03-16
445. EATON CORP PLC     2020-03-16
503.86 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-03-25
10. ALPHABET INC CL C   2019-05-10 2020-04-01
365. PNC FINANCIAL SERVICES GROUP     2020-04-01
520. SUNCOR ENERGY INC NEW F     2020-04-01
45. UNION PACIFIC CORP   2010-12-02 2020-04-01
90. EOG RESOURCES, INC   2019-06-11 2020-04-23
535. EOG RESOURCES, INC     2020-04-23
45. MICROSOFT CORP   2015-08-10 2020-04-23
25. THERMO FISHER SCIENTIFIC INC   2011-02-24 2020-04-23
674.5 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-04-25
.07 RAYTHEON TECHNOLOGIES CORP   2019-10-16 2020-04-29
20. BLACKROCK INC   2018-08-08 2020-05-06
255. CVS HEALTH CORPORATION     2020-05-06
115. GILEAD SCIENCES INC   2017-03-24 2020-05-06
220. MONDELEZ INTERNATIONAL INC   2018-12-03 2020-05-06
6500. SPDR DJ WILSHIRE INTERNATIONAL R ETF     2020-05-11
749.07 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-05-25
155. CITIGROUP INC.     2020-05-28
65. ELECTRONIC ARTS INC   2019-02-14 2020-05-28
370. HAIN CELESTIAL GROUP INC   2015-12-17 2020-05-28
145. TJX COMPANIES INC   2020-03-03 2020-05-28
705. TJX COMPANIES INC   2011-07-29 2020-05-28
642.7 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-06-25
594.3 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-07-25
100. CVS HEALTH CORPORATION   2019-09-10 2020-08-25
40. CVS HEALTH CORPORATION   2014-05-09 2020-08-25
185. COGNIZANT TECH SOLUTIONS CRP COM   2016-03-16 2020-08-25
677.85 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-08-25
270. HAIN CELESTIAL GROUP INC   2015-12-17 2020-08-25
75. UNITED PARCEL SERVICE-CL B     2020-08-25
200. APPLE INC   2008-10-07 2020-09-14
110. NIKE INC CL B     2020-09-14
65. UNITED PARCEL SERVICE-CL B     2020-09-14
110. TE CONNECTIVITY LTD     2020-09-14
698.46 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-09-25
155. APPLE INC   2008-10-07 2020-10-20
947.85 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-10-25
5. ALPHABET INC CL C   2019-06-01 2020-10-26
215. CME GROUP INC     2020-10-26
40. MICROSOFT CORP   2015-08-10 2020-10-26
75. NIKE INC CL B   2017-10-12 2020-10-26
55. UNITED PARCEL SERVICE-CL B     2020-10-26
2175. FLEXTRONICS INTL LTD   2018-03-07 2020-10-26
190. AT & T INC   2019-12-24 2020-11-03
310. AT & T INC     2020-11-03
645. SPIRIT AEROSYTSEMS HOLD-CL A     2020-11-03
20. THERMO FISHER SCIENTIFIC INC   2011-02-24 2020-11-03
839.29 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-11-25
480. GILEAD SCIENCES INC     2020-12-10
30. LAM RESEARCH CORP COM   2018-07-24 2020-12-10
75. NIKE INC CL B   2017-10-12 2020-12-10
215. TOTAL S.A. - ADR   2018-12-03 2020-12-10
50. UNION PACIFIC CORP   2010-12-02 2020-12-10
603.98 FNMA POOL #BM1285 4.500% 5/01/47   2018-10-31 2020-12-25
CAPITAL GAIN DIVIDENDS P    
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(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 7,821   2,129 5,692
b 48,114   19,571 28,543
c 553   567 -14
d 51,899   56,625 -4,726
e 50,750   56,103 -5,353
15,000   15,000  
50,000   47,491 2,509
50,432   52,766 -2,334
51,086   50,748 338
11,508   542 10,966
60,410   38,948 21,462
9,318   1,660 7,658
29,989   20,781 9,208
273   319 -46
8,178   12,246 -4,068
5,619   9,458 -3,839
8,106   4,840 3,266
8,618   2,839 5,779
5,792   5,620 172
5,610   8,492 -2,882
34,164   16,308 17,856
504   517 -13
11,109   11,476 -367
32,026   33,795 -1,769
7,713   16,610 -8,897
6,070   2,105 3,965
3,998   7,877 -3,879
23,767   58,643 -34,876
7,827   2,129 5,698
8,213   1,383 6,830
675   692 -17
5   6 -1
9,574   9,780 -206
15,757   20,121 -4,364
8,902   7,756 1,146
11,080   9,892 1,188
182,951   237,410 -54,459
749   769 -20
7,794   10,716 -2,922
7,852   6,860 992
11,328   15,173 -3,845
7,903   8,749 -846
38,423   9,813 28,610
643   659 -16
594   610 -16
6,322   6,389 -67
2,529   3,044 -515
12,355   10,896 1,459
678   696 -18
8,377   11,073 -2,696
11,891   8,194 3,697
22,923   677 22,246
13,077   6,034 7,043
10,410   6,714 3,696
10,945   7,417 3,528
698   717 -19
18,140   525 17,615
948   973 -25
7,996   6,592 1,404
34,196   11,820 22,376
8,422   1,893 6,529
9,565   3,805 5,760
9,207   5,134 4,073
30,453   40,072 -9,619
5,229   7,398 -2,169
8,531   11,459 -2,928
12,637   34,998 -22,361
9,837   1,107 8,730
839   861 -22
29,006   10,789 18,217
14,707   5,205 9,502
10,341   3,805 6,536
9,779   12,263 -2,484
10,139   2,339 7,800
604   620 -16
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
      98,207
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       5,692
b       28,543
c       -14
d       -4,726
e       -5,353
       
      2,509
      -2,334
      338
      10,966
      21,462
      7,658
      9,208
      -46
      -4,068
      -3,839
      3,266
      5,779
      172
      -2,882
      17,856
      -13
      -367
      -1,769
      -8,897
      3,965
      -3,879
      -34,876
      5,698
      6,830
      -17
      -1
      -206
      -4,364
      1,146
      1,188
      -54,459
      -20
      -2,922
      992
      -3,845
      -846
      28,610
      -16
      -16
      -67
      -515
      1,459
      -18
      -2,696
      3,697
      22,246
      7,043
      3,696
      3,528
      -19
      17,615
      -25
      1,404
      22,376
      6,529
      5,760
      4,073
      -9,619
      -2,169
      -2,928
      -22,361
      8,730
      -22
      18,217
      9,502
      6,536
      -2,484
      7,800
      -16
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 231,789
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 5,308
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 5,308
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 5,308
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 5,092
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,092
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 9 216
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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
     
    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 addressbullet  
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    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
    WELLS FARGO BANK N A TRUSTEE
    1     		105,527    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    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 (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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    9,900,718
    b
    Average of monthly cash balances.......................
    1b
    643,789
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,544,507
    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
    10,544,507
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    158,168
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,386,339
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    519,317
    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
    519,317
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,308
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,308
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    514,009
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    514,009
    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
    514,009
    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
    529,357
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    529,357
    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
    529,357
    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 7 514,009
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 490,934
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 529,357
    a Applied to 2019, but not more than line 2a 490,934
    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..... 38,423
    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 ..........     		475,586
    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.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    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 e-mail address of the person to whom applications should be addressed:
    PCS SERVICE TEAM
    PO BOX 960
    FORT WAYNE,IN46802
    (877) 214-0762
    bThe form in which applications should be submitted and information and materials they should include:
    SUBMITTED ONLINE AT WWW.WELLSFARGO.COM/PRIVATEFOUNDATIONS GRANTS/ZOLLNER
    cAny submission deadlines:
    JUNE 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PREFERENCE GIVEN TO EDUCATIONAL ORGANIZATIONS, HOSPITALS, YMCA, BOY SCOUT ORGANIZATIONS, AND OTHER CHARITABLE ORGANI- ZATIONS IN FORT WAYNE, IN AND GOLDEN BEACH, FL AREAS.
    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
    IVY TECH FOUNDATION INC
    50 W FALL CREEK PARKWAY NORTH DR
    INDIANAPOLIS,IN462085752     		NONE PC GENERAL OPERATING 20,000
    FORT WAYNE PUBLIC TELEVISION
    2501 EAST COLISEUM BOULEVARD
    FORT WAYNE,IN46805     		NONE PC GENERAL OPERATING 9,000
    COMMUNITY HARVEST FOOD BANK OF NE INDIAN
    999 EAST TILLMAN ROAD
    FORT WAYNE,IN46816     		NONE PC GENERAL OPERATING 10,000
    GIRL SCOUTS OF NORTHERN INDIANA
    10008 DUPONT CIRCLE DR E
    FORT WAYNE,IN468251630     		NONE PC GENERAL OPERATING 15,000
    HABITAT FOR HUMANITY OF GREATER FORT WAY
    2020 E WASHINGTON BLVD STE 500
    FORT WAYNE,IN468031368     		NONE PC GENERAL OPERATING 15,000
    NORTHEAST INDIANA INNOVATION CENTER
    3201 STELLHORN RD
    FORT WAYNE,IN468154697     		NONE PC GENERAL OPERATING 20,000
    MUSTARD SEED FURNITURE BANK OF FORT WAYN
    3636 ILLINOIS RD
    FORT WAYNE,IN468042062     		NONE PC GENERAL OPERATING 8,000
    AMERICAN RED CROSS
    431 18TH STREET NW
    WASHINGTON,DC20006     		NONE PC GENERAL OPERATING 15,000
    PARENT TO PARENT OF MIAMI INC
    7990 SW 117TH AVE STE 200
    MIAMI,FL331834865     		NONE PC GENERAL OPERATING 5,000
    YMCA NORTHEAST INDIANA INC
    5920 DECATUR RD
    FORT WAYNE,IN46816     		NONE PC GENERAL OPERATING 30,000
    YMCA OF SOUTH FLORIDA INC
    900 SE 3RD AVE 300
    FORT LAUDERDALE,FL33316     		NONE PC GENERAL OPERATING 15,000
    VISITING NURSE AND HOSPICE HOME INC
    5910 HOMESTEAD RD
    FORT WAYNE,IN46814     		NONE PC GENERAL OPERATING 20,000
    TRINE UNIVERSITY INC
    1 UNIVERSITY AVE
    ANGOLA,IN46703     		NONE PC GENERAL OPERATING 50,000
    SUPER SHOT INC
    709 CLAY ST 101
    FORT WAYNE,IN46802     		NONE PC GENERAL OPERATING 20,000
    MATTHEW 25 INC
    625 BENTON AVE 120
    NASHVILLE,TN37204     		NONE PC GENERAL OPERATING 10,000
    SOUTH FLORIDA COUNCIL INC
    15255 NW 82ND AVE
    HIALEAH,FL33016     		NONE PC GENERAL OPERATING 15,000
    PURDUE UNIVERSITY
    610 PURDUE MALL
    WEST LAFAYETTE,IN47907     		NONE PC GENERAL OPERATING 40,000
    NEIGHBORLINK FORT WAYNE FOUNDATION
    2826 S CALHOUN ST
    FORT WAYNE,IN46807     		NONE PC GENERAL OPERATING 15,000
    METROPOLITAN YMCA
    615 N ALABAMA ST STE 200
    INDIANAPOLIS,IN46204     		NONE PC GENERAL OPERATING 30,000
    LEAGUE FOR THE BLIND AND DISABLED
    5821 S ANTHONY BLVD
    FORT WAYNE,IN46816     		NONE PC GENERAL OPERATING 10,000
    KATE'S KART INC
    10376 LEO RD
    FORT WAYNE,IN46825     		NONE PC GENERAL OPERATING 5,000
    JUNIOR ACHIEVEMENT OF NORTHERN IN
    550 E WALLEN RD
    FORT WAYNE,IN46825     		NONE PC GENERAL OPERATING 20,000
    INTERFAITH HOSPITALITY NETWORK OF
    GREATER FORT WAYNE
    FORT WAYNE,IN46805     		NONE PC GENERAL OPERATING 15,000
    INDIANA INSTITUTE OF TECHNOLOGY INC
    1600 E WASHINGTON BLVD
    Fort Wayne,IN46803     		NONE PC GENERAL OPERATING 25,000
    HEARCARE CONNECTION INC
    130 W MAIN STREET STE 150
    FORT WAYNE,IN46802     		NONE PC GENERAL OPERATING 15,000
    FORT WAYNE MEDICAL SOCIETY FOUNDATION IN
    709 CLAY ST 101
    FORT WAYNE,IN46802     		NONE PC GENERAL OPERATING 10,000
    CANCER SERVICES OF ALLEN COUNTY INC
    6316 MUTUAL DR
    FORT WAYNE,IN46825     		NONE PC GENERAL OPERATING 10,000
    BOY SCOUTS OF AMERICA ANTHONY WAYNE
    8315 W JEFFERSON BLVD
    FORT WAYNE,IN46804     		NONE PC GENERAL OPERATING 20,000
    ALLEN CO FT WAYNE HISTORICAL SOCIETY
    302 EAST BERRY STREET
    FORT WAYNE,IN46802     		NONE PC GENERAL OPERATING 10,000
    Total .................................bullet 3a 502,000
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		         
    4 Dividends and interest from securities....     14 243,570  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 231,789  
    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)..   475,359  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    475,359
    (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:
    ZOLLNER FOUNDATION
    EIN:
    35-6381471
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 975     975

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ZOLLNER FOUNDATION
    EIN:
    35-6381471
    Name of Bond End of Year Book Value End of Year Fair Market Value
    857477AM5 STATE STREET CORP 3. 25,305 27,393
    912828WE6 US TREASURY NOTE 2.7 78,176 80,567
    30231GAT9 EXXON MOBIL CORPORAT 50,517 55,399
    037833CR9 APPLE INC 50,709 56,457
    912828XG0 US TREASURY NOTE 50,242 51,496
    912810EW4 US TREASURY BOND 6.0 64,670 64,319
    681919AZ9 OMNICOM GROUP INC 3. 35,485 36,504
    912828D56 US TREASURY NOTE 2.3 50,250 53,889
    713448DY1 PEPSICO INC 50,155 56,402
    9128283W8 US TREASURY NOTE 24,808 28,669
    14040HAY1 CAPITAL ONE FINANCIA 44,173 40,933
    89233P5F9 TOYOTA MOTOR CREDIT 31,952 30,643
    031162BX7 AMGEN INC 49,858 51,447
    912828VS6 US TREASURY NOTE 2.5 50,521 53,074
    57636QAB0 MASTERCARD INC 3.375 25,315 27,394
    912828WJ5 US TREASURY NOTE 2.5 49,903 53,879
    96332HCF4 WHIRLPOOL CORP 3.700 24,950 26,593
    912828YS3 US TREASURY NOTE 52,859 54,037
    9128286A3 US TREASURY NOTE 50,873 55,688
    912828QN3 US TREASURY NOTE 3.1 25,632 25,274
    931142EE9 WALMART INC 56,924 58,893
    912828RR3 US TREASURY NOTE 2.0 49,729 50,817
    91159HHA1 US BANCORP 4.125% 5/ 28,297 25,290
    38148LAE6 GOLDMAN SACHS GROUP 79,447 84,206
    693475AZ8 PNC FINANCIAL SERVIC 51,654 54,778
    912828X88 US TREASURY NOTE 2.3 49,945 55,772

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ZOLLNER FOUNDATION
    EIN:
    35-6381471
    Name of Stock End of Year Book Value End of Year Fair Market Value
    H84989104 TE CONNECTIVITY LTD 32,332 59,930
    594918104 MICROSOFT CORP 46,223 312,500
    00287Y109 ABBVIE INC 42,861 42,860
    02079K107 ALPHABET INC CL C 65,838 220,737
    517834107 LAS VEGAS SANDS CORP 85,811 84,930
    58933Y105 MERCK & CO INC NEW 38,312 61,350
    172967424 CITIGROUP INC. 104,078 129,486
    285512109 ELECTRONIC ARTS INC 45,512 77,544
    405217100 HAIN CELESTIAL GROUP 31,979 49,385
    92826C839 VISA INC-CLASS A SHR 49,021 67,806
    907818108 UNION PACIFIC CORP 17,310 77,041
    037833100 APPLE INC 9,094 356,273
    654106103 NIKE INC CL B 32,473 90,541
    09857L108 BOOKING HOLDINGS INC 52,060 69,045
    609207105 MONDELEZ INTERNATION 60,182 81,858
    871829107 SYSCO CORP 52,580 82,800
    56501R106 MANULIFE FINANCIAL C 94,274 114,315
    11135F101 BROADCOM INC 85,914 131,355
    17275R102 CISCO SYSTEMS INC 45,942 94,423
    09260D107 BLACKSTONE GROUP INC 50,244 62,218
    097023105 BOEING CO 40,555 61,007
    31620M106 FIDELITY NATL INFORM 49,817 56,584
    904767704 UNILEVER PLC - ADR 58,292 63,378
    G29183103 EATON CORP PLC 48,071 51,660
    150870103 CELANESE CORP 32,658 83,811
    867224107 SUNCOR ENERGY INC NE 60,441 38,007
    G5960L103 MEDTRONIC PLC 58,689 69,698
    87612E106 TARGET CORP 18,522 90,030
    91324P102 UNITEDHEALTH GROUP I 20,801 145,532
    031162100 AMGEN INC 47,378 44,834
    126650100 CVS HEALTH CORPORATI 39,356 66,593
    75513E101 RAYTHEON TECHNOLOGIE 79,846 75,944
    Y2573F102 FLEX LTD 42,973 58,615
    532457108 ELI LILLY & CO COM 28,668 65,848
    883556102 THERMO FISHER SCIENT 7,194 60,551
    H2906T109 GARMIN LTD 54,117 70,001
    911312106 UNITED PARCEL SERVIC 38,681 87,568
    46625H100 JPMORGAN CHASE & CO 68,271 144,860
    09247X101 BLACKROCK INC 46,630 101,016
    460690100 INTERPUBLIC GROUP CO 38,309 47,628
    00206R102 AT & T INC 82,515 70,462
    192446102 COGNIZANT TECH SOLUT 53,256 78,262
    254687106 WALT DISNEY CO 28,533 100,555
    891160509 TORONTO DOMINION BK 76,949 77,578
    25243Q205 DIAGEO PLC - ADR 51,279 84,169
    94106L109 WASTE MANAGEMENT INC 70,529 73,706
    89151E109 TOTAL S.A. - ADR 71,538 61,189
    512807108 LAM RESEARCH CORP CO 35,408 87,370

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ZOLLNER FOUNDATION
    EIN:
    35-6381471
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    609207105 MONDELEZ INTERNATION      
    64128R608 NEUBERGER BERMAN LON AT COST 190,000 209,973
    9128286A3 US TREASURY NOTE      
    6174467P8 MORGAN STANLEY 5.500      
    14040HAY1 CAPITAL ONE FINANCIA      
    912828VS6 US TREASURY NOTE 2.6      
    097023105 BOEING COMPANY      
    17275R102 CISCO SYSTEMS INC      
    405217100 HAIN CELESTIAL GROUP      
    58933Y105 MERCK & CO INC NEW      
    00206R102 AT & T INC      
    98978V103 ZOETIS INC      
    57636QAB0 MASTERCARD INC 3.375      
    912828D56 US TREASURY NOTE 2.3      
    30231GAT9 EXXON MOBIL CORPORAT      
    91324P102 UNITEDHEALTH GROUP I      
    11135F101 BROADCOM INC      
    867224107 SUNCOR ENERGY INC NE      
    922908553 VANGUARD REAL ESTATE AT COST 195,320 476,882
    848574109 SPIRIT AEROSYTSEMS H      
    912828X88 US TREASURY NOTE      
    912828RR3 US TREASURY NOTE 2.0      
    74256W626 PRINCIPAL HIGH YIELD AT COST 160,679 164,079
    713448DY1 PEPSICO INC      
    192446102 COGNIZANT TECH SOLUT      
    09247X101 BLACKROCK INC      
    464287499 ISHARES RUSSELL MID- AT COST 87,255 219,360
    00203H859 AQR MANAGED FUTURES AT COST 100,000 77,646
    G29183103 EATON CORP PLC      
    912828PC8 US TREASURY NOTE 2.6      
    3140J5NB1 FNMA POOL #BM1285 AT COST 19,495 20,884
    681919AZ9 OMNICOM GROUP INC 3.      
    517834107 LAS VEGAS SANDS CORP      
    H84989104 TE CONNECTIVITY LTD      
    Y2573F102 FLEXTRONICS INTL LTD      
    25243Q205 DIAGEO PLC - ADR      
    512807108 LAM RESEARCH CORP CO      
    891160509 TORONTO DOMINION BK      
    911312106 UNITED PARCEL SERVIC      
    04314H402 ARTISAN INTERNATIONA AT COST 198,485 373,116
    46625H100 JPMORGAN CHASE & CO      
    037833100 APPLE COMPUTER INC C      
    126650100 CVS/CAREMARK CORPORA      
    532457108 ELI LILLY & CO COM      
    70299PGP6 PARTNERS GROUP PRIVA AT COST 335,339 620,771
    9128283W8 US TREASURY NOTE      
    037833CR9 APPLE INC      
    89233P5F9 TOYOTA MOTOR CREDIT      
    GTC996442 CORBIN MULTI STRATEG AT COST 750,000 657,007
    922042858 VANGUARD FTSE EMERGI AT COST 193,350 267,587
    78463X863 SPDR DJ WILSHIRE INT      
    031162BX7 AMGEN INC      
    91159HHA1 US BANCORP 4.125% 5/      
    96332HCF4 WHIRLPOOL CORP 3.700      
    254687106 WALT DISNEY CO      
    285512109 ELECTRONIC ARTS INC      
    693475105 PNC FINANCIAL SERVIC      
    883556102 THERMO FISHER SCIENT      
    56501R106 MANULIFE FINANCIAL C      
    87612E106 TARGET CORP      
    04314H600 ARTISAN MID CAP FUND AT COST 287,000 307,413
    464287655 ISHARES RUSSELL 2000 AT COST 296,346 463,682
    00143W859 INV OPP DEVELOP MRKT AT COST 160,000 205,429
    85917K546 STERLING CAPITAL STR AT COST 130,000 122,143
    172967424 CITIGROUP INC      
    912810EW4 US TREASURY BOND 6.0      
    912828XG0 US TREASURY NOTE      
    87234N765 TCW EMRG MKTS INCM-I AT COST 452,509 487,659
    404280AK5 HSBC HOLDINGS PLC 5.      
    89151E109 TOTAL FINA ELF S.A.      
    26875P101 EOG RESOURCES, INC      
    375558103 GILEAD SCIENCES INC      
    437076102 HOME DEPOT INC      
    872540109 TJX COS INC NEW      
    907818108 UNION PACIFIC CORP      
    755111507 RAYTHEON CO      
    339128100 JP MORGAN MID CAP VA      
    02079K107 ALPHABET INC/CA      
    594918104 MICROSOFT CORP      
    654106103 NIKE INC CL B      
    G5960L103 MEDTRONIC PLC      
    74144Q203 T ROWE PRICE INST EM AT COST 250,113 403,711
    150870103 CELANESE CORP      
    12572Q105 CME GROUP INC      
    912828WJ5 US TREASURY NOTE 2.5      
    38148LAE6 GOLDMAN SACHS GROUP      
    912828WE6 US TREASURY NOTE 2.7      
    857477AM5 STATE STREET CORP 3.      
    31620M106 FIDELITY NATL INFORM      
    46647B404 JPMORGAN MID CAP VAL AT COST 325,000 331,997
    464288588 ISHARES MBS ETF AT COST 105,040 105,394

    TY 2020 OtherDecreasesSchedule
    Name:
    ZOLLNER FOUNDATION
    EIN:
    35-6381471
    Description Amount
    PY PENDING SALES ADJ 16
    PY RETURN OF CAPITAL ADJ 4,380
    CAPITAL GAIN TIMING ADJ 15,694


    TY 2020 OtherExpensesSchedule
    Name:
    ZOLLNER FOUNDATION
    EIN:
    35-6381471
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES - ADR FEES 179 179   0


    TY 2020 OtherIncreasesSchedule
    Name:
    ZOLLNER FOUNDATION
    EIN:
    35-6381471
    Description Amount
    MUTUAL FUND TIMING ADJ 53,352
    COST BASIS ADJUSTMENT 1,346


    TY 2020 TaxesSchedule
    Name:
    ZOLLNER FOUNDATION
    EIN:
    35-6381471
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5,354 5,354   0
    FEDERAL TAX PAYMENT - PRIOR YE 6,765 0   0
    FOREIGN TAXES ON QUALIFIED FOR 274 274   0
    FOREIGN TAXES ON NONQUALIFIED 323 323   0