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 08-01-2023 , and ending 07-31-2024
Name of foundation
THE JACQUELYN & GREGORY ZEHNER
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)21 MARILYN CT
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PARK CITY, UT84060
A Employer identification number

13-3971019
B Telephone number (see instructions)

(917) 371-2026
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$22,910,946J 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) 1,976,384
2 Check right arrow.............
3 Interest on savings and temporary cash investments 37,012 37,012  
4 Dividends and interest from securities... 256,212 256,212  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 332,431
b Gross sales price for all assets on line 6a 9,306,973
7 Capital gain net income (from Part IV, line 2)... 332,431
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
82,186    
12 Total. Add lines 1 through 11........ 2,684,225 625,655  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,950      
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
105,935 97,935    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,144 2,412    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
153,907 153,299    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 271,936 253,646   0
25 Contributions, gifts, grants paid....... 1,019,000 1,019,000
26 Total expenses and disbursements. Add lines 24 and 25 1,290,936 253,646   1,019,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,393,289
b Net investment income (if negative, enter -0-) 372,009
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............. 1,938 4,465 4,465
2 Savings and temporary cash investments......... 2,097,603 2,720,018 2,744,559
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)      
b Investments—corporate stock (attach schedule)....... 4,790,001 Click to see attachment
List of Attached Documents:
// Content
4,396,471 		6,919,083
c Investments—corporate bonds (attach schedule).......      
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).......... 6,388,132 Click to see attachment
List of Attached Documents:
// Content
7,550,118 		13,236,409
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
6,542 		Click to see attachment
List of Attached Documents:
// Content
6,433 		Click to see attachment
List of Attached Documents:
// Content
6,430
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,284,216 14,677,505 22,910,946
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)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 13,284,216 14,677,505
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)..... 13,284,216 14,677,505
30 Total liabilities and net assets/fund balances (see instructions). 13,284,216 14,677,505
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
13,284,216
2
Enter amount from Part I, line 27a .....................
2
1,393,289
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
14,677,505
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,677,505
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 4,918,000 US TREASURY BILLS P 2023-08-01 2024-07-31
b 4,000 SHS Goldman Sachs 5.5% PFD P 2023-08-01 2024-07-31
c 500 SHS Morgan Stanley 6.875% PFD P 2023-08-01 2024-07-31
d 1,000 SHS Citigroup Inc 6.875% PFD P 2023-08-01 2024-07-31
e 2,400 SHS TESLA INC P 2023-08-01 2024-07-31
14,672.689 SHS ARTISAN SMALL CAP ADVISOR P 2022-08-01 2024-07-31
5,508.4146 SHS Citizens Fl 9.2055% PFD P 2022-08-01 2024-07-31
2,129 SHS GOLDMAN CMN P 2022-08-01 2024-07-31
442 CANADIAN DOLLAR P 2022-08-01 2024-07-31
25 SHS DANAHER CORP P 2023-10-23 2024-05-02
24 SHS NVIDIA P 2023-10-20 2024-05-28
1,965,000 RYL BK BND USD P 2023-08-01 2024-07-31
5,000 US TREASURY BILLS P 2024-07-15 2024-07-17
60 SHS VERALTO CORPORATION P 2023-03-20 2023-10-23
300 SHS JOHNSON & JOHNSON P 2021-07-31 2024-07-24
600 SHS FREEPORT MCMORAN INC P 2021-07-31 2024-04-04
200 SHS DANAHER CORP P 2023-03-20 2024-05-02
300 SHS WALMART INC P 2021-07-31 2023-10-10
CAPITAL LOSS - ACCOLADE BLOCKCHAIN II P 2022-08-01 2024-07-31
CAPITAL LOSS - ACCOLADE EMPOWERMENT FUND P 2022-08-01 2024-07-31
CAPITAL GAIN - GOLDEN SEEDS FUND 2 LP P 2022-08-01 2024-07-31
CAPITAL GAIN - LEGACY VENTURES VI LLC P 2022-08-01 2024-07-31
CAPITAL LOSS - LEGACY VENTURES VI LLC P 2023-08-01 2024-07-31
CAPITAL GAIN - LEGACY VENTURES IX LLC P 2023-08-01 2024-07-31
CAPITAL GAIN - LEGACY VENTURES IX LLC P 2022-08-01 2024-07-31
CAPITAL GAIN - LEGACY VENTURES XI LLC P 2022-08-01 2024-07-31
CAPITAL GAINS - AACP T/E INVSTRS II, LP P 2022-08-01 2024-07-31
Capital Gain Dividends      
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,912,498   4,900,359 12,139
b 100,000   99,578 422
c 12,436   12,625 -189
d 25,000   25,190 -190
e 463,474   501,936 -38,462
443,972   587,752 -143,780
137,710   142,093 -4,383
787,564   561,304 226,260
323   359 -36
6,130   5,190 940
21,372   10,114 11,258
1,964,388   1,955,670 8,718
4,978   4,978  
4,644     4,644
45,691   51,068 -5,377
29,178   21,079 8,099
49,040   49,800 -760
48,647   40,992 7,655
    1,418 -1,418
    1,340 -1,340
31,667     31,667
168,634     168,634
    1,697 -1,697
6,913     6,913
11,102     11,102
920     920
15,026     15,026
      15,666
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       12,139
b       422
c       -189
d       -190
e       -38,462
      -143,780
      -4,383
      226,260
      -36
      940
      11,258
      8,718
       
      4,644
      -5,377
      8,099
      -760
      7,655
      -1,418
      -1,340
      31,667
      168,634
      -1,697
      6,913
      11,102
      920
      15,026
       
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 2 332,431
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 5,171
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  
3 Add lines 1 and 2........................... 3 5,171
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,171
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 4,903
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,903
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 9
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 277
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow0 Refundedright arrow 11  
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowUT
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. ...............................
10
 
No
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 arrowN/A
14
The books are in care ofright arrowJACQUELYN ZEHNER Telephone no.right arrow (917) 371-2026

Located atright arrow21 MARILYN CTPARK CITYUT ZIP+4right arrow84060
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? .................
16Yes  
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)
 
No
(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
JACQUELYN M HOFFMAN-ZEHNER Trustee
3.00 		0    
21 MARILYN CT
PARK CITY,UT84060
GREGORY H ZEHNER Trustee
1.00 		0    
21 MARILYN CT
PARK CITY,UT84060
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  
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
CIRCLE WEALTH MANAGEMENT LLC INVESTMENT ADVISOR FEES 78,501
47 MAPLE ST STE 201
SUMMIT,NJ079012571
Total number of others receiving over $50,000 for professional services.............right arrow  
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 arrow  
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
11,176,592
b
Average of monthly cash balances.......................
1b
4,469,883
c
Fair market value of all other assets (see instructions)................
1c
5,117,829
d
Total (add lines 1a, b, and c).........................
1d
20,764,304
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
 
3
Subtract line 2 from line 1d.........................
3
20,764,304
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
311,465
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
20,452,839
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,022,642
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
1,022,642
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,171
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,171
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,017,471
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,017,471
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,017,471
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
1,019,000
b
Program-related investments—total from Part VIII-B..................
1b
 
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
1,019,000
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 1,017,471
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,007,339
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,019,000
a Applied to 2022, but not more than line 2a 1,007,339
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 11,661
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		1,005,810
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
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).)
JACQUELYN M HOFFMAN-ZEHNER
GREGORY H ZEHNER
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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
UTAH FILM CENTER


50 W 300 S
SALT LAKE CITY,UT84101 		NONE PC GENERAL SUPPORT 15,000
WOMEN MOVING MILLIONS


19 FULTON ST SUITE 301
NEW YORK,NY10038 		NONE PC OPERATING 10,000
PARK CITY FOUNDATION


PO BOX 681422
PARK CITY,UT84068 		NONE PC OPERATING 10,000
PEACE HOUSE INC


PO BOX 682141
PARK CITY,UT84068 		NONE PC OPERATING 25,000
PEOPLES HEALTH CLINIC


PO BOX 681558
PARK CITY,UT84068 		NONE PC OPERATING 25,000
HIVE FAMILY COLLECTIVE


2198 SUNRISE CIRCLE
PARK CITY,UT84060 		NONE PC GENERAL SUPPORT 10,000
CHRISTIAN CENTER OF PARK CITY


PO BOX 683480
PARK CITY,UT84068 		NONE PC OPERATING 150,000
ACCESS CIRCLES


19 EAST ELM ST 3RD FLOOR
GREENWICH,CT06830 		NONE PC GENERAL SUPPORT 2,500
THE GEENA DAVIS INSTITUTE


4712 ADMIRALTY WAY STE 455
MARINA DEL REY,CA90292 		NONE PC GENERAL SUPPORT 10,000
CULTURE REFRAMED


PO BOX 443
STERLING,MA01564 		NONE PC OPERATING 25,000
TEAM AFRICA RISING


PO BOX 8
SAVERY,WY82332 		NONE PC GENERAL SUPPORT 7,000
SUNDANCE INSTITUTE


PO BOX 684429
PARK CITY,UT84068 		NONE PC OPERATING 30,000
CHICKEN EGG PICTURES


45 MAIN STREET SUITE 506
BROOKLYN,NY11201 		NONE PC GENERAL SUPPORT 10,000
UTAH MUSEUM OF CONTEMPORARY ART


20 S WEST TEMPLE
SALT LAKE CITY,UT84101 		NONE PC GENERAL SUPPORT 10,000
MOUNTAIN TRAILS FOUNDATION


PO BOX 754
PARK CITY,UT84060 		NONE PC OPERATING 2,500
WOMEN OF THE WORLD


415 EAST 3900 SOUTH
SALT LAKE CITY,UT84107 		NONE PC GENERAL SUPPORT 10,000
PLANNED PARENTHOOD


123 WILLIAM STREET 10TH FLOOR
NEW YORK,NY10038 		NONE PC GENERAL SUPPORT 10,000
COMMUNITY FOUNDATION OF UTAH


2257 S 1100 E SUITE 205
SALT LAKE CITY,UT84106 		NONE PC UT GRANT MAKERS ALLIANCE 500
PARK CITY FILM


PO BOX 683058
PARK CITY,UT84068 		NONE PC GENERAL SUPPORT 5,000
TAKE THE LEAD


322 WEST 57TH STREET SUITE 45M
NEW YORK,NY10019 		NONE PC GENERAL SUPPORT 5,000
CLEAN SLATE UTAH


250 E 200 S FLOOR 16
SALT LAKE CITY,UT84111 		NONE PC GENERAL SUPPORT 50,000
WOMEN'S LEADERSHIP INSTITUTE OF UTA


201 S MAIN STREET 2300
SALT LAKE CITY,UT84111 		NONE PC GENERAL SUPPORT 10,000
JEFFERSON SAVE HAVEN


149 CAVE HILL
ROAD LEVERETT,MA01054 		NONE PC GENERAL SUPPORT 10,000
THE SALT LAKE TRIBUNE


90 SOUTH 400 WEST SUITE 600
SALT LAKE CITY,UT84101 		NONE PC GENERAL SUPPORT 5,000
THE ARTS COUNCIL OF PARK CITY


PO BOX 4455
PARK CITY,UT84060 		NONE PC GENERAL SUPPORT 5,000
WOMEN'S BUSINESS CENTER OF UTAH


201 SOUTH MAIN STREET 2300
SALT LAKE CITY,UT84111 		NONE PC GENERAL SUPPORT 5,000
THE 19TH NEWS


3571 FAR WEST BLVD 3497
AUSTIN,TX78731 		NONE PC GENERAL SUPPORT 5,000
ULTRAVIOLET


PO BOX 92592
WASHINGTON,DC20090 		NONE PC GENERAL SUPPORT 2,500
IMMIGRANT LEGAL SERVICES


715 EAST 3900 SOUTH 109
SALT LAKE CITY,UT84107 		NONE PC GENERAL SUPPORT 10,000
NUZZLES CO


6699 N LANDMARK DR SUITE B103
PARK CITY,UT84098 		NONE PC GENERAL SUPPORT 5,000
EQUALITY UTAH FOUNDATION


350 E 400 S STE 350
SALT LAKE CITY,UT84111 		NONE PC GENERAL SUPPORT 25,000
VOICES FOR UTAH CHILDREN


747 EAST SOUTH TEMPLE SUITE 100
SALT LAKE CITY,UT84102 		  PC GENERAL SUPPORT 25,000
KIMBALL ART CENTER


1251 KEARNS BLVD
PARK CITY,UT84060 		NONE PC GENERAL SUPPORT 5,000
HUNTSMAN CANCER FOUNDATION


500 S HUNTSMAN WAY
SALT LAKE CITY,UT84108 		  PC GENERAL SUPPORT 10,000
PC TOTS


1850 SIDEWINDER DR SUITE 410
PARK CITY,UT84060 		NONE PC GENERAL SUPPORT 10,000
THE OTHER SIDE ACADEMY


667 E 100 S
SALT LAKE CITY,UT84102 		NONE PC GENERAL SUPPORT 10,000
THE CENTER FOR ECONOMIC OPPORTUNITY


650 SOUTH 500 WEST SUITE 285
SALT LAKE CITY,UT84101 		  PC GENERAL SUPPORT 50,000
KINECT CAPITAL


120 S MAIN STREET
SALT LAKE CITY,UT84110 		NONE PC GENERAL SUPPORT 5,000
AMALGAMATED FOUNDATION


1825 KING ST NW
WASHINGTON,DC20006 		NONE PC GENERAL SUPPORT 5,000
THE REPRESENTATION PROJECT


5716 FOLSOM BLVD 1255
SACRAMENTO,CA95819 		NONE PC GENERAL SUPPORT 50,000
NIPMUC INDIAN DEVELOPMENT CORP


80 BRIGHAM HILL ROAD
GRAFTON,MA01519 		NONE PC GENERAL SUPPORT 1,000
SAFFRON KITCHEN INC


12052 S AMOUR CIRCLE
RIVERTON,UT84065 		NONE PC GENERAL SUPPORT 50,000
UNLEASHED PRODUCTIONS INC


7300 FOLSOM BLVD
SACRAMENTO,CA95826 		NONE PC DOC FILM THAW 75,000
PACHAMAMA ALLIANCE


PO BOX 29191
SAN FRANCISCO,CA94129 		NONE PC GENERAL SUPPORT 10,000
YWCA


322 E 300 S
SALT LAKE CITY,UT84111 		  PC GENERAL SUPPORT 15,000
UTAH WOMEN LEADERSHIP PROJECT


3550 OLD MAIN HILL
LOGAN,UT84322 		NONE PC GENERAL SUPPORT 25,000
CAA FOUNDATION - CREATIVE ARTISTS A


2000 AVE OF THE STARS
LOS ANGELES,CA90067 		NONE PC MICHAEL LATT LEGACY FUND 1,000
THE LEONARDO


209 EAST 500 SOUTH
SALT LAKE CITY,UT84111 		NONE PC GENERAL SUPPORT 10,000
HUNTSMAN MENTAL HEALTH FOUNDATION


500 S HUNTSMAN WAY
SALT LAKE CITY,UT84108 		NONE PC GENERAL SUPPORT 10,000
ONE REVOLUTION FOUNDATION


PO BOX 681026
PARK CITY,UT84068 		NONE PC NAMETAGS PROGRAM 5,000
PEOPLE HELPING PEOPLE


265 EAST 100 SOUTH SUITE 280
SALT LAKE CITY,UT84111 		NONE PC GENERAL SUPPORT 10,000
AND JUSTICE FOR ALL


960 S MAIN STREET
SALT LAKE CITY,UT84101 		NONE PC GENERAL SUPPORT 40,000
UTAH PRISONER ADVOCATE NETWORK


PO BOX 464
DRAPER,UT84020 		NONE PC GENERAL SUPPORT 2,000
NATIONAL PHILANTHROPIC TRUST


165 TOWNSHIP LINE ROAD SUITE 1200
JENKINTOWN,PA19046 		NONE PC JUST IMPACT ADVISORS 50,000
UTAH JUMPSTART


311 EAST MUTTON HALLOW ROAD
KAYSVILLE,UT84037 		NONE PC GENERAL SUPPORT 10,000
UNDUE MEDICAL DEBT


PO BOX 411675
BOSTON,MA02241 		NONE PC GENERAL SUPPORT 10,000
NEW YORK WOMEN'S FOUNDATION


39 BROADWAY 33RD FLOOR
NEW YORK,NY10006 		NONE PC GENERAL SUPPORT 10,000
MS FOUNDATION FOR WOMEN


1 WILLOUGHBY SQUARE SUITE 2000
BROOKLYN,NY11201 		NONE PC GENERAL SUPPORT 10,000
Total .................................right arrow 3a 1,019,000
bApproved for future payment
Total ................................. right arrow 3b  
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 37,012  
4 Dividends and interest from securities ....     14 256,212  
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 ............ 		    18 332,431  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1S ORDINARY/OTHER INCOME 		    14 82,186  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   707,841  
13Total. Add line 12, columns (b), (d), and (e)..................
13
707,841
(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: 23017517
Software Version: 2023v5.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE JACQUELYN & GREGORY ZEHNER
FOUNDATION
Employer identification number

13-3971019
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE JACQUELYN & GREGORY ZEHNER
FOUNDATION 		Employer identification number
13-3971019
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
GREGORY AND JACQUELYN ZEHNER
21 MARILYN COURT
 
PARK CITY, UT84060

$ 1,976,384


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE JACQUELYN & GREGORY ZEHNER
FOUNDATION 		Employer identification number

13-3971019
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 2,400 SHS TESLA AND 1,234 SHS GOLDMAN CMN $ 976,384 2024-07-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE JACQUELYN & GREGORY ZEHNER
FOUNDATION 		Employer identification number

13-3971019
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.1

TY 2023 AccountingFeesSchedule
Name:
THE JACQUELYN & GREGORY ZEHNER
 
FOUNDATION
EIN:
13-3971019
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX SERVICES 1,950 0 0 0

TY 2023 InvestmentsCorpStockSchedule
Name:
THE JACQUELYN & GREGORY ZEHNER
 
FOUNDATION
EIN:
13-3971019
Software ID:
23017517
Software Version:
2023v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
GOLDMAN SACHS GROUP, INC. (CMN)    
ALPHABET INC 22,803 95,205
Canadian Natural Resources Ltd 58,775 71,018
CITIZENS FINL    
SYNOVUS FINL 24,091 23,023
VALLEY NTNL BA 42,627 41,516
ARTISAN SMALL CAP INVEST    
BROWN ADVISORY SUSTAINABLE GROWTH INV 713,541 1,341,748
GOLDMAN SACHS GQG PTNRS INTL OPPOS INSTL 959,711 1,379,430
IMPAX ELLEVATE GLBL WOMEN 136,345 231,539
VANGUARD DIVIDEND GROWTH INV 801,936 1,028,119
ALPHABET INC CLASS C 34,792 138,520
ALPHABET INC CLASS A 8,905 68,616
AMAZON.COM INC 23,055 112,188
APPLE INC 21,325 108,819
BERKSHIRE HATHAWAY CL B NEW 35,280 111,818
COSTCO WHOLESALE CORP NEW 16,934 46,032
GOLDMAN SACHS GROUP INC 33,317 76,355
JP MORGAN CHASE & CO 153,241 237,272
MCDONALDS CORPORATION LTD 33,670 46,445
MICROSOFT CORP 144,096 248,290
MONDELEZ INTERNATIONAL INC 26,952 41,010
PROCTER & GAMBLE CO 43,080 64,304
SALESFORCE.COM INC 18,115 64,700
VISA INC 10,645 53,134
ADVANCED MICRO DEVICES INC 9,391 18,782
FREEPORT MCMORAN INC 21,079 27,246
JOHNSON & JOHNSON    
SHELL PLC ADS 39,620 69,559
WALMART INC 40,991 61,776
ZOETIS INC CL A 31,361 36,008
NVIDIA CORP 42,562 118,190
SUNCOR ENERGY INC NEW 37,665 59,913
CITIGROUP PFD    
FIRST HORIZON PFD 30,240 29,412
GOLDMAN SACHS PFD    
MORGAN STANL PFD 50,500 50,460
ADOBE INC 21,395 41,374
BROOKFIELD CORP VTG SHS CL A 33,684 44,383
DANAHER CORP    
NUTRIEN LTD 57,602 41,034
UNITEDHEALTH GROUP INC 36,294 46,093
WASTE MANAGEMENT INC DELAWARE 30,332 40,532
PALANTIR TECHNOLOGIES INCORPORTED 273,365 333,436
FLUENCE ENERGY INC CLASS A 51,817 47,502
GE VERNOVA LLC 24,559 26,736
NIKE INC CL B 52,705 37,430
THERMO FISHER SCIENTIFIC INC 47,600 52,134
UNION PACIFIC CORP 61,249 61,683
TE CONNECTIVITY LTD 39,224 46,299

TY 2023 InvestmentsOtherSchedule2
Name:
THE JACQUELYN & GREGORY ZEHNER
 
FOUNDATION
EIN:
13-3971019
Software ID:
23017517
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AACP TAX EXEMPT INVESTORS II AT COST 245,723 75,945
GOLDEN SEEDS FUND 2 AT COST 218,607 218,607
LEGACY VENTURE VI AT COST 452,977 1,373,447
LEGACY IX LLC AT COST 869,685 1,417,474
HANNAH GREY VENTURES I LP AT COST 215,971 223,354
HPS CORE SENIOR LENDING OFFSHORE FUND AT COST 374,385 389,479
WOC STAR FUND AT COST 84,234 148,064
ACCOLADE BLOCKCHAIN II FUND AT COST 198,336 241,182
SPRING B FUND I AT COST 114,663 123,255
LEGACY VENTURES XI AT COST 113,625 115,709
BETA BOOM AT COST 111,835 103,542
ACCOLADE EMPOWERMENT FUND II, L.P. AT COST 28,957 20,056
BARON X, LP AT COST 498,298 574,527
ENABLE VENTURES AT COST 62,016 86,758
CANADIAN DOLLAR AT COST    
SCHWAB US LARGE CAP ETF AT COST 2,098,033 5,120,759
SPDR GOLD SHARES ETF EC AT COST 797,160 1,103,299
TECHNOLOGY SELECT SECTOR AT COST 625,015 1,347,939
RYL BK BDN USD 31AUG23 AT COST    
SPDR S&P 500 ETF AT COST 440,598 553,013

TY 2023 OtherAssetsSchedule
Name:
THE JACQUELYN & GREGORY ZEHNER
 
FOUNDATION
EIN:
13-3971019
Software ID:
23017517
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Rounding   3  


TY 2023 OtherExpensesSchedule
Name:
THE JACQUELYN & GREGORY ZEHNER
 
FOUNDATION
EIN:
13-3971019
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 25      
INSURANCE 583      
K-1 PORTFOLIO DEDUCTIONS 153,299 153,299    


TY 2023 OtherIncomeSchedule2
Name:
THE JACQUELYN & GREGORY ZEHNER
 
FOUNDATION
EIN:
13-3971019
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1S ORDINARY/OTHER INCOME 82,186    


TY 2023 OtherProfessionalFeesSchedule
Name:
THE JACQUELYN & GREGORY ZEHNER
 
FOUNDATION
EIN:
13-3971019
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 8,000 0 0 0
INVESTMENT MANAGEMENT FEES 97,935 97,935 0 0


TY 2023 TaxesSchedule
Name:
THE JACQUELYN & GREGORY ZEHNER
 
FOUNDATION
EIN:
13-3971019
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 7,732      
FOREIGN TAXES VIA 1099 1,099 1,099    
FOREIGN TAXES VIA K-1 1,313 1,313