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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$17,852,619J 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 97,922 97,922  
4 Dividends and interest from securities... 301,336 301,336  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 366,214
b Gross sales price for all assets on line 6a 2,360,348
7 Capital gain net income (from Part IV, line 2)... 366,214
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........ 765,472 765,472  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 130,400 58,680   65,200
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 29,184 13,133   14,592
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,750 2,375   1,900
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
58,053 56,892   1,161
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
18,633 4,974   4,488
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
184 0  
20 Occupancy.............. 5,100 1,020   3,060
21 Travel, conferences, and meetings....... 333 0   200
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,523 918   6,236
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 254,160 137,992   96,837
25 Contributions, gifts, grants paid....... 772,396 772,396
26 Total expenses and disbursements. Add lines 24 and 25 1,026,556 137,992   869,233
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -261,084
b Net investment income (if negative, enter -0-) 627,480
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 35,707 51,901 51,901
2 Savings and temporary cash investments......... 2,234,680 1,034,858 1,034,858
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) 50,004 Click to see attachment
List of Attached Documents:
// Content
49,878 		50,135
b Investments—corporate stock (attach schedule)....... 5,359,248 Click to see attachment
List of Attached Documents:
// Content
5,681,793 		10,881,693
c Investments—corporate bonds (attach schedule)....... 2,294,864 Click to see attachment
List of Attached Documents:
// Content
2,454,143 		2,411,836
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).......... 2,289,559 Click to see attachment
List of Attached Documents:
// Content
2,731,910 		3,372,222
14 Land, buildings, and equipment: basis right arrow918
Less: accumulated depreciation (attach schedule) right arrow705 397 Click to see attachment
List of Attached Documents:
// Content
213 		213
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
12,630 		Click to see attachment
List of Attached Documents:
// Content
10,309 		Click to see attachment
List of Attached Documents:
// Content
49,761
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,277,089 12,015,005 17,852,619
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
1,000 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 1,000 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........ 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 10,668,939 10,407,855
29 Total net assets or fund balances (see instructions)..... 12,276,089 12,015,005
30 Total liabilities and net assets/fund balances (see instructions). 12,277,089 12,015,005
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
12,276,089
2
Enter amount from Part I, line 27a .....................
2
-261,084
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
12,015,005
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
12,015,005
Form 990-PF (2024)
Form 990-PF (2024)
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 BB&T CORPORATION 2.50% DUE 8/1/24 P 2023-08-01 2024-08-01
b COMCAST CORP CLASS A P 2024-04-08 2024-12-02
c FORTINET INC P 2024-08-05 2024-08-26
d GENTEX CORP P 2023-12-05 2024-10-24
e GENTEX CORP P 2024-08-02 2024-10-24
JOHNSON & JOHNSON COM P 2023-02-13 2024-01-08
JOHNSON & JOHNSON COM P 2023-03-13 2024-01-08
NIKE INC CL B P 2024-02-05 2024-08-05
NIKE INC CL B P 2024-04-02 2024-08-05
PALO ALTO NETWORKS INC P 2024-08-02 2024-08-26
UNITED STATES TREAS BILLS 0.0% DUE 9/2 P 2024-04-02 2024-09-26
ALPHABET CL A COM P 2019-07-17 2024-04-08
AMAZON INC COM P 2020-08-03 2024-02-05
AMAZON INC COM P 2020-07-20 2024-02-05
AMAZON INC COM P 2020-07-20 2024-11-04
BECTON DICKINSON 3.734% DUE 12/15/24 P 2020-09-11 2024-12-16
BERKSHIRE HATHAWAY CL B COM P 2018-06-19 2024-04-08
BERKSHIRE HATHAWAY CL B COM P 2018-06-19 2024-09-05
BEST BUY COMPANY INC COM P 2022-04-04 2024-08-26
COMCAST CORP CLASS A P 2020-04-20 2024-12-02
COMCAST CORP CLASS A P 2020-05-14 2024-12-02
COMCAST CORP CLASS A P 2022-06-13 2024-12-02
COMCAST CORP CLASS A P 2023-02-27 2024-12-02
COMCAST CORP CLASS A P 2022-03-09 2024-12-02
COMCAST CORP CLASS A P 2019-12-02 2024-12-02
HUNTINGTON BANCSHARES 2.625% DUE 8/6/24 P 2022-08-29 2024-08-06
IBM CORP 3.625% DUE 2/12/24 P 2018-06-15 2024-02-05
INTUIT COM P 2018-06-19 2024-02-05
INTUIT COM P 2018-06-19 2024-02-05
INTUIT COM P 2023-03-13 2024-04-08
INTUIT COM P 2018-06-19 2024-08-26
INTUIT COM P 2023-03-13 2024-08-26
JOHNSON & JOHNSON COM P 2018-06-09 2024-01-08
JOHNSON & JOHNSON COM P 2018-06-09 2024-01-08
JOHNSON & JOHNSON COM P 2020-03-24 2024-01-08
JOHNSON & JOHNSON COM P 2011-07-26 2024-01-08
MICROSOFT CORP COM P 2018-06-19 2024-02-05
MORGAN STANLEY BANK CD 2.7% DUE 06/06/24 P 2019-05-31 2024-06-06
NOVARTIS CAPITAL 3.4% DUE 5/6/24 P 2018-12-20 2024-05-06
RAYTHEON TECHNOLOGIES COM P 2018-06-19 2024-08-26
RAYTHEON TECHNOLOGIES COM P 2023-08-07 2024-08-26
RAYTHEON TECHNOLOGIES COM P 2018-12-17 2024-11-04
RAYTHEON TECHNOLOGIES COM P 2018-06-19 2024-11-04
ROCKWELL COLLINS SR NOTES 3.2% DUE 3/15/24 P 2018-06-19 2024-03-15
ROCKWELL COLLINS SR NOTES 3.2% DUE 3/15/24 P 2017-08-25 2024-03-15
STRYKER CORP COM P 2018-06-19 2024-04-08
U.S. TREASURY NOTE 2.75% DUE 2/15/24 P 2019-02-28 2024-02-15
UNITED PARCEL SERVICE 2.8% DUE 11/15/24 P 2018-06-19 2024-11-15
WELLS FARGO BANK NA 4.75% DUE 2/23/24 P 2023-02-13 2024-02-23
JOHNSON & JOHNSON COM P 2008-04-21 2024-01-08
JOHNSON & JOHNSON COM P 2006-05-25 2024-01-08
JOHNSON & JOHNSON COM P 2001-07-16 2024-01-08
(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 100,000   100,000 0
b 51,712   48,804 2,908
c 37,546   27,865 9,681
d 98,011   101,428 -3,417
e 74,251   74,612 -361
48,031   48,672 -641
32,021   30,804 1,217
72,028   99,360 -27,332
39,616   50,120 -10,504
49,384   42,712 6,672
48,753   48,753 0
30,919   11,475 19,444
77,650   73,078 4,572
23,633   21,398 2,235
49,054   38,211 10,843
60,000   60,000 0
41,715   19,027 22,688
65,980   26,637 39,343
44,480   46,685 -2,205
30,165   26,446 3,719
21,547   17,224 4,323
43,093   40,565 2,528
56,021   48,523 7,498
86,187   92,300 -6,113
56,021   56,934 -913
80,000   80,000 0
10,000   10,000 0
15,805   5,225 10,580
31,629   10,451 21,178
28,951   17,515 11,436
3,104   1,045 2,059
34,141   21,407 12,734
32,021   24,383 7,638
176,114   134,107 42,007
16,010   11,721 4,289
16,010   6,607 9,403
40,641   10,025 30,616
30,000   30,000 0
25,000   25,000 0
11,947   7,179 4,768
59,736   42,623 17,113
355   198 157
46,992   28,501 18,491
30,000   28,524 1,476
25,000   25,000 0
35,007   16,929 18,078
40,000   40,000 0
30,000   30,000 0
100,000   100,000 0
8,005   3,322 4,683
16,010   6,045 9,965
80,052   26,694 53,358
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       0
b       2,908
c       9,681
d       -3,417
e       -361
      -641
      1,217
      -27,332
      -10,504
      6,672
      0
      19,444
      4,572
      2,235
      10,843
      0
      22,688
      39,343
      -2,205
      3,719
      4,323
      2,528
      7,498
      -6,113
      -913
      0
      0
      10,580
      21,178
      11,436
      2,059
      12,734
      7,638
      42,007
      4,289
      9,403
      30,616
      0
      0
      4,768
      17,113
      157
      18,491
      1,476
      0
      18,078
      0
      0
      0
      4,683
      9,965
      53,358
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 2 366,214
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 8,722
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 8,722
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 8,722
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 11,400
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 11,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......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 2,678
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,678 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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 		130,400 29,184 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
JEANNE D ZEIGLER DIRECTOR
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
MALCOLM CAIRNS DIRECTOR
0.50 		0 0 0
PO BOX 1775
MUNCIE,IN47308
MICHAEL GALLIHER 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 (2024)
Form 990-PF (2024)
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 58,053
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 (2024)
Form 990-PF (2024)
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
15,550,499
b
Average of monthly cash balances.......................
1b
2,142,523
c
Fair market value of all other assets (see instructions)................
1c
213
d
Total (add lines 1a, b, and c).........................
1d
17,693,235
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
17,693,235
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
265,399
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,427,836
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
871,392
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
871,392
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
8,722
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
8,722
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
862,670
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
862,670
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
862,670
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
869,233
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
869,233
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 862,670
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021...... 9,576
d From 2022...... 9,258
e From 2023......  
f Total of lines 3a through e ........ 18,834
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 869,233
a Applied to 2023, 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 2024 distributable amount..... 862,670
e Remaining amount distributed out of corpus 6,563
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 25,397
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		25,397
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021.... 9,576
c Excess from 2022.... 9,258
d Excess from 2023....  
e Excess from 2024.... 6,563
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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 (2024)
Form 990-PF (2024)
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 22,020

COMMUNITY ENHANCEMENT PROJECTS INC

420 S HIGH ST STE 204
MUNCIE,IN47305 		N/A PC HALF URBAN FORESTER PAYROLL; ANNUAL OPERATING SUPPORT 105,100

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 285,000

CONSERVATION LAW CENTER

116 S INDIANA SUITE 4
BLOOMINGTON,IN47408 		N/A PC ANNUAL OPERATING SUPPORT 5,000

DELAWARE COUNTY HISTORICAL SOCIETY

120 E WASHINGTON ST
MUNCIE,IN47305 		N/A PC ANNUAL OPERATING SUPPORT 2,500

DESTINATION MUNCIE

421 S WALNUT ST SUITE 100
MUNCIE,IN47305 		N/A PC ECLIPSE CELEBRATION 3,500

EARLHAM NATURE RESERVE SYSTEM EARLHAM COLLEGE

801 NATIONAL ROAD WEST
RICHMOND,IN47374 		N/A PC KIOSKS AND SIGNS FOR TRAIL SYSTEM 23,280

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 SUPPORT; ARBOR DAY CELEBRATION SUPPORT 7,000

MUNCIE ACTION PLAN

PO BOX 596
MUNCIE,IN47308 		N/A PC BRIDGE DINNER 690

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; SIGNAGE AND LAND ACQUISITIONS 110,506

THE NATURE CONSERVANCY

4245 N FAIRFAX DR
ARLINGTON,VA22203 		N/A PC INDIANA ANNUAL OPERATING SUPPORT; SPRING CREEK SEEPS LAND ACQUISITION 52,800

YMCA OF MUNCIE

PO BOX 1187
MUNCIE,IN47308 		N/A PC CAPITAL CAMPAIGN; LANDSCAPING 100,000
Total .................................right arrow 3a 772,396
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 97,922  
4 Dividends and interest from securities ....     14 301,336  
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 ............ 		    18 366,214  
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) .. 0 765,472 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
765,472
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 4,750 2,375   1,900

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

TY 2024 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 2021-03-13 918 521 SL 5.000000000000 184 0    

TY 2024 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 61,886 58,028
AMGEN INC 3.125% DUE 05/01/25 20,029 19,889
AMGEN INC 5.25% DUE 03/02/30 100,971 100,952
AMPHENOL CORP 4.35% DUE 6/01/29 146,363 146,946
CIGNA CORP 4.375% DUE 10/15/28 79,481 78,398
COMCAST CORP 92,557 92,965
CUMMINS ENGINE INC DEB 7.125% DUE 03/01/28 42,780 42,588
DEERE & COMPANY 5,375% DUE 10/16/29 133,703 134,108
EXXON MOBIL 2.992% DUE 3/19/25 50,363 49,844
GENERAL MILLS INC 4.2% DUE 4/17/28 133,045 127,293
GOLDMAN SACHS GROUP INC 3.75% DUE 5/22/25 98,922 99,634
HONEYWELL INTERNATIONAL INC 100,890 99,577
JP MORGAN CHASE 3.625% DUE 12/01/27 95,836 97,154
KROGER CO 4.5% DUE 1/15/29 126,878 128,280
MCDONALDS CORP 3.5% DUE 07/01/27 95,712 87,656
MORGAN STANLEY BANK CD 100,000 99,760
OMNICOM 3.6% DUE 4/15/26 98,048 98,589
SIMON PROPERTY GROUP 3.5% DUE 9/01/25 98,358 99,299
SYSCO NOTE 3.3% DUE 7/15/26 62,532 58,757
TOYOTA MOTOR CREDIT CORP 3.4% DUE 4/14/25 65,114 64,779
UNITEDHEALTH GROUP INC 121,736 119,518
US BANCORP SENIOR NOTES 4.548% DUE 7/22/28 74,647 74,379
VALERO ENERGY CORP 3.4% DUE 9/15/26 72,168 68,495
VERIZON COMMUNICATIONS 2.625% DUE 8/15/26 61,820 58,202
VERIZON COMMUNICATIONS 4.329% DUE 9/21/28 58,354 58,873
VF CORP 2.4% DUE 4/23/25 80,394 79,128
WASTE MANAGEMENT INC 3.150% DUE 11/15/27 93,066 86,589
WEC ENERGY GROUP 1.375% DUE 10/15/27 88,490 82,156

TY 2024 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 289,907 306,829
ALLIANT CORP 164,932 289,786
ALPHABET CL A 178,378 738,270
AMAZON INC 322,490 713,018
APPLE COMPUTER INC 17,959 688,655
AUTOMATIC DATA PROCESSING 88,396 329,321
BERKSHIRE HATHAWAY CL B 256,193 611,928
BEST BUY COMPANY INC 207,868 240,240
CUMMINS INC 123,060 306,768
DANAHER CORP 161,968 420,077
FIRST MERCHANTS CORP 267,868 339,065
FORTINET INC COM 83,595 141,720
GENERAL DYNAMICS CORP 210,607 342,537
HERSHEY FOODS 324,630 279,428
INTUIT 179,753 540,510
IQVIA HOLDINGS INC 340,218 324,242
LOCKHEED MARTIN CORP 192,788 274,556
MCDONALDS CORP 158,562 173,934
MICROSOFT CORP 155,384 653,325
NISOURCE INC COM 101,240 147,040
ORMAT TECHNOLOGIES INC 95,415 101,580
PALO ALTO NETWORKS INC 161,662 214,713
PEPSICO INC 185,649 339,094
RAYTHEON TECHNOLOGIES 224,041 388,241
SCHLUMBERGER LTD 275,194 268,380
STRYKER CORP 221,113 594,083
VEEVA SYS INC 216,461 243,890
VISA 178,303 502,504
WEC ENERGY GROUP 196,378 253,908
ZOETIS INC 101,781 114,051

TY 2024 InvestmentsGovtObligationsSch
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
US Government Securities - End of Year Book Value:

49,878
US Government Securities - End of Year Fair Market Value:

50,135
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 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
AMERICAN TOWER CORP REIT AT COST 91,543 91,705
CAPITAL ONE BANK CD 1.45% DUE 4/22/25 AT COST 50,000 48,135
COLUMBIA HIGH YIELD BOND FUND AT COST 126,636 116,939
FEDERATED SH-INTERM TOTAL RETURN BOND FD AT COST 150,424 146,302
FEDERATED TOTAL RETURN BOND AT COST 137,505 116,888
FIRST NATIONAL BK OMAHA 4.55% DUE 2/18/25 AT COST 100,000 99,518
LORD ABBETT HIGH YIELD FD CL I AT COST 79,850 68,580
MORGAN STANLEY INTERNATIONAL ADVANTAGE AT COST 175,000 178,350
NORTHERN ULTRA-SHORT FIXED AT COST 124,883 125,316
S&P 400 MIDCAP GROWTH ETF ISHARES AT COST 76,768 192,772
S&P 400 MIDCAP VALUE ETF ISHARES AT COST 98,142 208,683
S&P SMALL CAP 600 GROWTH ETF SHARES AT COST 117,104 163,798
S&P SMALL CAP 600 VALUE ETF ISHARES AT COST 128,275 172,690
UNITED STATES TREAS BILLS 0.0% DUE 3/20/25 AT COST 47,662 49,553
UNITED FIDELITY BANK CD - PRINCIPAL AT COST 130,000 129,805
VANGUARD DEVELOPED MKTS INDEX FD ADMIRAL AT COST 200,000 194,368
VANGUARD I S&P 500 AT COST 515,278 684,289
VANGUARD MIDCAP INDEX FUND ADM AT COST 97,000 199,552
VANGUARD S/C INDEX ADMIRAL AT COST 96,787 202,682
VANGUARD SHORT TERM INVEST ADMIRAL BOND FUND AT COST 189,053 182,297

TY 2024 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 918 705 213  


TY 2024 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 11,937 7,631 47,083
PREPAID EXCISE TAX 693 2,678 2,678


TY 2024 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 5,605 561   5,044
OFFICE EXPENSE 477 5   467
INSURANCE 1,040 312   364
POSTAGE 401 40   361


TY 2024 OtherLiabilitiesSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL TAX PAYABLE 1,000 0


TY 2024 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 58,053 56,892   1,161


TY 2024 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 8,722 0   0
FOREIGN TAX 935 935   0
PAYROLL TAXES 8,976 4,039   4,488