Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
SHERMAN AND MARJORIE ZEIGLER
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1775
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MUNCIE, IN473081775
A Employer identification number

31-1118863
B Telephone number (see instructions)

(317) 430-1452
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$16,790,116J 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 right arrow.............
3 Interest on savings and temporary cash investments 101,741 101,741  
4 Dividends and interest from securities... 265,289 265,289  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 576,340
b Gross sales price for all assets on line 6a 4,586,638
7 Capital gain net income (from Part IV, line 2)... 576,340
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).......      
12 Total. Add lines 1 through 11........ 943,370 943,370  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 112,933 50,820   56,467
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 36,282 16,327   18,141
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,800 2,400   1,920
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
54,404 53,316   1,088
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
11,387 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
184 0  
20 Occupancy.............. 3,825 765   2,295
21 Travel, conferences, and meetings....... 977 0   586
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,337 1,029   7,900
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 234,129 124,657   88,397
25 Contributions, gifts, grants paid....... 678,005 678,005
26 Total expenses and disbursements. Add lines 24 and 25 912,134 124,657   766,402
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 31,236
b Net investment income (if negative, enter -0-) 818,713
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 29,428 35,707 35,707
2 Savings and temporary cash investments......... 2,140,689 2,234,680 2,234,680
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 445,904 Click to see attachment
List of Attached Documents:
// Content
50,004 		49,874
b Investments—corporate stock (attach schedule)....... 5,667,681 Click to see attachment
List of Attached Documents:
// Content
5,359,248 		9,508,605
c Investments—corporate bonds (attach schedule)....... 1,955,595 Click to see attachment
List of Attached Documents:
// Content
2,294,864 		2,245,807
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,007,152 Click to see attachment
List of Attached Documents:
// Content
2,289,559 		2,702,416
14 Land, buildings, and equipment: basis right arrow918
Less: accumulated depreciation (attach schedule) right arrow521 581 Click to see attachment
List of Attached Documents:
// Content
397 		397
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
9,506 		Click to see attachment
List of Attached Documents:
// Content
12,630 		Click to see attachment
List of Attached Documents:
// Content
12,630
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,256,536 12,277,089 16,790,116
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
11,683 		Click to see attachment
List of Attached Documents:
// Content
1,000
23 Total liabilities (add lines 17 through 22)......... 11,683 1,000
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,607,150 1,607,150
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 10,637,703 10,668,939
29 Total net assets or fund balances (see instructions)..... 12,244,853 12,276,089
30 Total liabilities and net assets/fund balances (see instructions). 12,256,536 12,277,089
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
12,244,853
2
Enter amount from Part I, line 27a .....................
2
31,236
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
12,276,089
5
Decreases not included in line 2 (itemize) right arrow
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
12,276,089
Form 990-PF (2023)
Form 990-PF (2023)
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 AMERICAN TOWER CORP REIT P 2023-08-24 2023-12-05
b CABOT OIL & GAS CORP P 2023-01-09 2023-03-13
c DOLLAR GENERAL CORPORATION P 2023-06-07 2023-11-30
d JACK HENRY & ASSOCIATES P 2023-03-14 2023-11-30
e OMNICOM GROUP INC P 2022-06-13 2023-05-08
RESMED INC P 2023-09-14 2023-12-05
SIMON PROPERTY GROUP INC REIT P 2023-05-19 2023-11-30
THERMO FISHER SCIENTIFIC INC P 2022-11-17 2023-08-24
TREASURY BILL 0.00% DUE 2/23/23 P 2022-08-29 2023-02-23
UNITED STATES TREAS BILL 0.00% DUE 8/31/23 P 2023-03-06 2023-08-31
TREASURY BILL 0.00% DUE 11/30/23 P 2023-08-31 2023-11-30
ALPHABET CL A COM P 2019-07-17 2023-05-08
ALPHABET CL A COM P 2019-07-17 2023-08-07
AMAZON INC P 2021-08-16 2023-08-07
AMERICAN EXPRESS CO P 2020-03-24 2023-08-24
APPLE INC SR NTS 2.82% DUE 2/23/23 P 2018-06-19 2023-02-23
BERKSHIRE HATHAWAY 2.75% DUE 3/15/23 P 2017-10-27 2023-03-15
BLACKROCK INC P 2020-04-27 2023-12-05
DOLLAR GENERAL CORPORATION P 2017-04-17 2023-11-30
GEORGIA-PACIFIC SR NOTES 3.734% DUE 7/15/23 P 2017-07-11 2023-07-15
JACK HENRY & ASSOCIATES P 2018-06-19 2023-11-30
INTEL CORP P 2020-09-08 2023-02-13
INTUIT P 2018-06-19 2023-09-14
S&P MID-CAP 400 VALUE ETF ISHARES P 2018-06-19 2023-02-27
S&P SMALL CAP 600 VALUE ETF ISHARES P 2021-02-10 2023-02-27
MICROSOFT CORP P 2018-06-19 2023-04-14
MICROSOFT CORP P 2018-06-19 2023-08-07
MICROSOFT CORP 3.625% DUE 12/15/23 P 2018-06-19 2023-12-15
OMNICOM GROUP INC P 2020-09-21 2023-05-08
STARBUCKS CORP 3.100% DUE 3/01/23 P 2018-02-27 2023-03-01
STRYKER CORP P 2018-06-19 2023-03-13
UNITED PARCEL SERVICE P 2020-03-24 2023-08-24
U,S, TREASURY NOTE 2.75% DUE 8/31/23 P 2022-08-29 2023-08-31
VERALTO CORP P 2018-06-19 2023-10-20
VERALTO CORP P 2018-06-19 2023-11-30
JACK HENRY & ASSOCIATES P 2009-12-22 2023-11-30
MICROCHIP TECHNOLOGIES-CLASS ACTION SETTLEMENT P 2023-10-02 2023-10-02
CAPITAL GAINS DIVIDENDS P    
(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 208,488   187,714 20,774
b 49,200   49,902 -702
c 64,886   77,825 -12,939
d 47,310   43,875 3,435
e 44,902   33,183 11,719
210,274   225,533 -15,259
167,102   159,388 7,714
108,571   105,044 3,527
196,883   196,883 0
976,093   976,093 0
487,783   493,378 -5,595
52,982   28,687 24,295
52,450   22,949 29,501
28,194   32,902 -4,708
317,893   188,438 129,455
30,000   29,409 591
35,000   35,000 0
179,795   71,674 108,121
103,817   59,083 44,734
35,000   35,141 -141
197,123   165,169 31,954
150,657   231,449 -80,792
43,748   16,721 27,027
10,960   8,206 2,754
10,073   9,387 686
43,116   15,037 28,079
65,796   20,050 45,746
30,000   29,907 93
179,609   104,428 75,181
30,000   29,999 1
42,302   27,086 15,216
120,606   76,454 44,152
200,000   200,000 0
29   14 15
46,218   21,367 24,851
19,712   2,923 16,789
46     46
20     20
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       20,774
b       -702
c       -12,939
d       3,435
e       11,719
      -15,259
      7,714
      3,527
      0
      0
      -5,595
      24,295
      29,501
      -4,708
      129,455
      591
      0
      108,121
      44,734
      -141
      31,954
      -80,792
      27,027
      2,754
      686
      28,079
      45,746
      93
      75,181
      1
      15,216
      44,152
      0
      15
      24,851
      16,789
      46
      20
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 2 576,340
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
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 right arrow 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) 1 11,380
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 11,380
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,380
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 12,080
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 12,080
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 7
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 693
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow693 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIN
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 addressright arrowSMZFOUNDATION.ORG
14
The books are in care ofright arrowRICHARD M ZEIGLER Telephone no.right arrow (317) 430-1452

Located atright arrow11525 W WINDSOR ROADPARKER CITYIN ZIP+4right arrow47368
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
RICHARD M ZEIGLER PRESIDENT
37.00 		112,933 11,293 0
PO BOX 1775
MUNCIE,IN47308
STEFAN S ANDERSON VICE PRESIDENT
0.50 		0 0 0
PO BOX 1775
MUNCIE,IN47308
JOHN E WORTHEN SECRETARY
0.50 		0 0 0
PO BOX 1775
MUNCIE,IN47308
MARLA K TEMPLETON TREASURER
0.50 		0 0 0
PO BOX 1775
MUNCIE,IN47308
JENNIFER MEARNS DIRECTOR
0.50 		0 0 0
PO BOX 1775
MUNCIE,IN47308
JON MOLL DIRECTOR
0.50 		0 0 0
PO BOX 1775
MUNCIE,IN47308
TRICIA STANLEY DIRECTOR
0.50 		0 0 0
PO BOX 1775
MUNCIE,IN47308
MALCOLM CAIRNS DIRECTOR
0.50 		0 0 0
PO BOX 1775
MUNCIE,IN47308
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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
FIRST MERCHANTS PRIVATE WEALTH ADVISORS INVESTMENT MGMT FEES 54,404
200 E JACKSON ST
MUNCIE,IN47305
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-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 VIII-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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
14,486,757
b
Average of monthly cash balances.......................
1b
1,491,632
c
Fair market value of all other assets (see instructions)................
1c
397
d
Total (add lines 1a, b, and c).........................
1d
15,978,786
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
15,978,786
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
239,682
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
15,739,104
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
786,955
Part X
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 IX, line 6..................
1
786,955
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
11,380
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,380
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
775,575
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
775,575
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 XII, line 1 ...
7
775,575
Part XI
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
766,402
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
766,402
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 775,575
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021...... 18,749
e From 2022...... 9,258
f Total of lines 3a through e ........ 28,007
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 766,402
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 766,402
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 9,173 9,173
(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 18,834
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		18,834
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021.... 9,576
d Excess from 2022.... 9,258
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
RICHARD M ZEIGLER
PO BOX 1775
MUNCIE,IN47308
(317) 430-1452
SMZFOUNDATION55@GMAIL.COM
bThe form in which applications should be submitted and information and materials they should include:
COMPLETE LETTER OF INQUIRY AND GRANT REQUEST APPLICATION REQUIREMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE: WWW.SMZFOUNDATION.ORG
cAny submission deadlines:
MARCH 15 AND SEPTEMBER 11. SEE WWW.SMZFOUNDATION.ORG FOR ADDITIONAL DETAILS
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
LIMITED TO MUNCIE, DELAWARE CO., AND THE STATE OF INDIANA. HORTICULTURAL CONSERVATION AND DEVELOPMENT, RECREATIONAL FACILITIES, HISTORICAL PRESERVATION/CELEBRATION
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
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

CARDINAL GREENWAY INC

700 E WYSOR ST
MUNCIE,IN47305 		N/A PC ANNUAL OPERATING SUPPORT; TRAIL BUILDING 30,000

CITY OF MUNCIE

300 N HIGH ST
MUNCIE,IN47305 		N/A GOV 1,000 TREES IN 1,000 DAYS PROJECT 40,000

COMMUNITY ENHANCEMENT PROJECTS INC

420 S HIGH ST STE 204
MUNCIE,IN47305 		N/A PC HALF URBAN FORESTER PAYROLL; ANNUAL OPERATING SUPPORT 103,825

COMMUNITY FOUNDATION OF MUNCIE & DELAWARE COUNTY INC

302 E JACKSON ST
MUNCIE,IN47305 		N/A PC CEP MAINTENANCE ENDOWMENT FUND; FUNDERS' FORUM SUPPORT; LAND CONSERVATION FUND 215,500

DELAWARE COUNTY HISTORICAL SOCIETY

120 E WASHINGTON ST
MUNCIE,IN47305 		N/A PC ANNUAL OPERATING SUPPORT; MAXON PARK IMPROVEMENTS 27,500

INDIANA HISTORICAL SOCIETY

450 W OHIO ST
INDIANAPOLIS,IN46202 		N/A PC ANNUAL OPERATING SUPPORT 1,500

INDIANA STATE MUSEUM FOUNDATION

650 W WASHINGTON ST
INDIANAPOLIS,IN46204 		N/A PC ANNUAL OPERATING SUPPORT 1,500

MINNETRISTA CULTURAL CENTER

1200 N MINNETRISTA PKWY
MUNCIE,IN47303 		N/A PC ANNUAL PURCHASE OF FLOWERS AND PLANTS; ARBOR DAY CELEBRATION SUPPORT 7,000

MUNCIE DOWNTOWN DEVELOPMENT PARTNERSHIP

120 W CHARLES ST
MUNCIE,IN47305 		N/A PC MUNCIE THREE TRAILS MUSIC SERIES; FIRE UP DOWNTOWN CELEBRATION 45,000

MUNCIE-DELAWARE CLEAN & BEAUTIFUL

201 E JACKSON ST
MUNCIE,IN47305 		N/A PC ANNUAL OPERATING SUPPORT 2,000

ORCHESTRA INDIANA

520 E MAIN ST FLOOR 2M
MUNCIE,IN47305 		N/A PC ANNUAL OPERATING SUPPORT 5,000

RED-TAIL LAND CONSERVANCY

125 E CHARLES ST 200
MUNCIE,IN47305 		N/A PC ANNUAL OPERATING SUPPORT; MUNSEE WOODS PROJECT 27,180

THE NATURE CONSERVANCY

4245 N FAIRFAX DR
ARLINGTON,VA22203 		N/A PC INDIANA ANNUAL OPERATING SUPPORT 5,000

8TWELVE COALITION

1424 S HOYT AVE
MUNCIE,IN47302 		N/A PC NEIGHBORHOOD EVENTS/IMPROVEMENTS 25,000

CONSERVATION LAW CENTER

116 S INDIANA SUITE 4
BLOOMINGTON,IN47408 		N/A PC ANNUAL OPERATING SUPPORT 4,000

DELAWARE COUNTY SOIL & WATER

3641 N BRIARWOOD LANE
MUNCIE,IN47304 		N/A GOV HIGH STREET DAM STUDY 5,000

HALTEMAN VILLAGE NEIGHBORHOOD ASSOC

2501 W TWICKINGHAM DR
MUNCIE,IN47304 		N/A PC HALTEMAN PARK IMPROVEMENTS 25,500

MUNCIE DELAWARE COUNTY ECONOMIC DEVELOPMENT ALLIANCE

401 S HIGH ST
MUNCIE,IN47305 		N/A PC VISION 2027 10,000

URBAN LIGHT COMMUNITY

1400 S MADISON ST
MUNCIE,IN47302 		N/A PC INDUSTRY NEIGHBORHOOD GATEWAY 35,500

WHITELY COMMUNITY COUNCIL

PO BOX 665
MUNCIE,IN47308 		N/A PC SHAFFER CHAPEL RENOVATIONS 25,000

MARTIN LUTHER KING DREAM TEAM

PO BOX 104
MUNCIE,IN47308 		N/A PC WALK OF FAME IMPROVEMENTS 37,000
Total .................................right arrow 3a 678,005
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 101,741  
4 Dividends and interest from securities ....     14 265,289  
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 ............ 		    18 576,340  
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) .. 0 943,370 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
943,370
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 4,800 2,400   1,920

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

TY 2023 DepreciationSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
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
DELL COMPUTER 2021-03-13 918 337 SL 5.000000000000 184 0    

TY 2023 InvestmentsCorpBondsSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Name of Bond End of Year Book Value End of Year Fair Market Value
AMGEN INC 2.6% DUE 8/19/26 62,897 57,035
AMGEN INC 3.125% DUE 05/01/25 20,097 19,488
BECTON DICKINSON 3.734% DUE 12/15/24 61,685 59,046
CIGNA CORP 4.375% DUE 10/15/28 79,365 79,310
EXXON MOBIL 2.992% DUE 3/19/25 51,081 48,973
GENERAL MILLS INC 4.2% DUE 4/17/28 133,916 128,033
HUNTINGTON BANCSHARES 2.625% DUE 8/06/24 77,887 78,501
IBM CORP 3.625% DUE 2/12/24 10,011 9,976
JP MORGAN CHASE 3.625% DUE 12/01/27 94,583 96,080
MCDONALDS CORP 3.5% DUE 07/01/27 96,642 87,490
NOVARTIS CAPITAL 3.4% DUE 5/06/24 25,003 24,835
OMNICOM 3.6% DUE 4/15/26 96,825 97,451
ROCKWELL COLLINS SR NOTES 3.2% DUE 3/15/24 53,629 54,729
SIMON PROPERTY GROUP 3.5% DUE 9/01/25 97,568 97,693
SYSCO NOTE 3.3% DUE 7/15/26 63,749 57,940
TOYOTA MOTOR CREDIT CORP 3.4% DUE 4/14/25 65,338 63,807
UNITED PARCEL SERVICE 2.8% DUE 11/15/24 28,694 29,403
US BANCORP SENIOR NOTES 4.548% DUE 7/22/28 74,608 73,947
VALERO ENERGY CORP 3.4% DUE 9/15/26 73,317 67,203
VERIZON COMMUNICATIONS 2.625% DUE 8/15/26 62,715 57,170
VF CORP 2.4% DUE 4/23/25 81,333 76,400
WASTE MANAGEMENT INC 3.150% DUE 11/15/27 94,049 86,221
WEC ENERGY GROUP 1.375% DUE 10/15/27 88,006 79,612
BB&T CORPORATION 2.5% DUE 08/01/24 96,978 98,109
GOLDMAN SACHS GROUP INC 3.75% DUE 5/22/25 96,858 97,962
CUMMINS ENGINE INC DEB 7.125% DUE 03/01/28 43,312 43,522
VERIZON COMMUNICATIONS 4.329% DUE 9/21/28 58,142 59,419
KROGER CO 4.5% DUE 1/15/29 126,573 129,281
AMPHENOL CORP 4.35% DUE 6/01/29 145,657 149,658
DEERE & COMPANY 5,375% DUE 10/16/29 134,346 137,513

TY 2023 InvestmentsCorpStockSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Name of Stock End of Year Book Value End of Year Fair Market Value
ADOBE SYSTEMS INC 241,696 351,994
ALLIANT CORP 126,449 210,330
ALPHABET CL A 189,853 572,729
AMAZON INC 455,177 622,954
APPLE COMPUTER INC 17,959 529,458
AUTOMATIC DATA PROCESSING 88,396 262,091
BERKSHIRE HATHAWAY CL B 301,856 567,089
BEST BUY COMPANY INC 205,049 203,528
COMCAST CORP CLASS A 281,992 298,180
CUMMINS INC 123,060 210,822
DANAHER CORP 161,968 423,352
FIRST MERCHANTS CORP 267,868 315,180
GENERAL DYNAMICS CORP 210,607 337,571
INTUIT 235,397 650,031
IQVIA HOLDINGS INC 263,554 289,225
JOHNSON & JOHNSON 292,355 415,361
LOCKHEED MARTIN CORP 192,788 256,081
MICROSOFT CORP 165,408 620,466
PEPSICO INC 185,649 378,743
RAYTHEON TECHNOLOGIES 302,542 366,430
STRYKER CORP 238,041 524,055
VISA 178,303 413,956
WEC ENERGY GROUP 148,428 176,757
ZOETIS INC 101,781 138,159
GENTEX CORP 101,428 107,778
HERSHEY FOODS 182,121 158,474
VEEVA SYS INC 99,523 107,811

TY 2023 InvestmentsGovtObligationsSch
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
US Government Securities - End of Year Book Value:

50,004
US Government Securities - End of Year Fair Market Value:

49,874
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CAPITAL ONE BANK CD 1.45% DUE 4/22/25 AT COST 50,000 47,735
COLUMBIA HIGH YIELD BOND FUND AT COST 126,636 115,760
FEDERATED SH-INTERM TOTAL RETURN BOND FD AT COST 150,424 146,011
FEDERATED TOTAL RETURN BOND AT COST 137,505 119,891
LORD ABBETT HIGH YIELD FD CL I AT COST 79,850 67,938
MORGAN STANLEY BANK CD 2.7% DUE 6/06/24 AT COST 30,000 29,681
NORTHERN ULTRA-SHORT FIXED AT COST 124,883 124,100
S&P 400 MIDCAP GROWTH ETF ISHARES AT COST 76,768 167,946
S&P 400 MIDCAP VALUE ETF ISHARES AT COST 98,142 190,447
S&P SMALL CAP 600 GROWTH ETF SHARES AT COST 117,104 151,419
S&P SMALL CAP 600 VALUE ETF ISHARES AT COST 128,275 163,881
VANGUARD I S&P 500 AT COST 462,132 511,056
VANGUARD MIDCAP INDEX FUND ADM AT COST 97,000 176,744
VANGUARD S/C INDEX ADMIRAL AT COST 96,787 181,879
VANGUARD SHORT TERM INVEST ADMIRAL BOND FUND AT COST 189,053 180,883
WELLS FARGO BANK NA 4.75% DUE 2/23/24 AT COST 100,000 99,907
FIRST NATIONAL BK OMAHA 4.55% DUE 2/18/25 AT COST 100,000 99,393
MORGAN STANLEY INTERNATIONAL ADVANTAGE AT COST 50,000 50,745
VANGUARD DEVELOPED MKTS INDEX FD ADMIRAL AT COST 75,000 77,000

TY 2023 LandEtcSchedule2
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
DELL COMPUTER 918 521 397  


TY 2023 OtherAssetsSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INVESTMENT INCOME RECEIVABLE 9,506 11,937 11,937
PREPAID EXCISE TAX   693 693


TY 2023 OtherExpensesSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES/SUBSCRIPTIONS 6,268 627   5,641
OFFICE EXPENSE 1,723 17   1,690
INSURANCE 956 287   335
BANK AND OTHER FEES 390 98   234


TY 2023 OtherLiabilitiesSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Description Beginning of Year - Book Value End of Year - Book Value
RETIREMENT PLAN CONTRIBUTION PAYABLE 1,026 0
PAYROLL TAX PAYABLE 5,577 1,000
EXCISE TAX PAYABLE 5,080 0


TY 2023 OtherProfessionalFeesSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AGENCY FEES 54,404 53,316   1,088


TY 2023 SubstantialContributorsSch
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Name Address
MARJORIE P ZEIGLER 405 N WILDWOOD LANE
MUNCIE,IN47304
SHERMAN M ZEIGLER CREDIT SHELTER TRUST
  		200 EAST JACKSON STREET
MUNCIE,IN47305
SHERMAN M ZEIGLER IRREVOCABLE TRUST
  		200 EAST JACKSON STREET
MUNCIE,IN47305
MARJORIE P ZEIGLER IRREVOCABLE TRUST
  		200 EAST JACKSON STREET
MUNCIE,IN47305


TY 2023 TaxesSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 11,380 0   0
PENALTY 7 0   0