Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
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
MUNCIE
State or province
IN
Country  
ZIP or foreign postal code
473081775
A Employer identification number

31-1118863
B Telephone number (see instructions)

3174301452
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$18,857,023J 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 .................
3 Interest on savings and temporary cash investments 104,218 104,218  
4 Dividends and interest from securities... 282,371 282,371  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,077,568
b Gross sales price for all assets on line 6a 5,309,102
7 Capital gain net income (from Part IV, line 2)... 1,077,568
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........ 1,464,157 1,464,157  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 134,400 60,480   67,200
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 32,571 14,657   16,286
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,975 2,488   1,990
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
59,398 58,210   1,188
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
29,948 5,941   5,141
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....... 550 0   330
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,902 1,078   9,423
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 278,028 143,874   104,618
25 Contributions, gifts, grants paid....... 800,916 800,916
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,078,944 143,874   905,534
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 385,213
b Net investment income (if negative, enter -0-) 1,320,283
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 51,901 59,512 59,512
2 Savings and temporary cash investments......... 1,034,858 1,953,115 1,953,115
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 49,878 Click to see attachment
List of Attached Documents:
// Content
175,544 		177,797
b Investments—corporate stock (attach schedule)....... 5,681,793 Click to see attachment
List of Attached Documents:
// Content
4,200,044 		9,888,135
c Investments—corporate bonds (attach schedule)....... 2,454,143 Click to see attachment
List of Attached Documents:
// Content
2,801,515 		2,820,869
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,731,910 Click to see attachment
List of Attached Documents:
// Content
3,212,232 		3,910,605
14 Land, buildings, and equipment: basis 918
Less: accumulated depreciation (attach schedule) 889 213 Click to see attachment
List of Attached Documents:
// Content
29 		29
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
10,309 		Click to see attachment
List of Attached Documents:
// Content
7,819 		Click to see attachment
List of Attached Documents:
// Content
46,961
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,015,005 12,409,810 18,857,023
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 ) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
9,592
23 Total liabilities (add lines 17 through 22)......... 0 9,592
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
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
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 10,407,855 10,793,068
29 Total net assets or fund balances (see instructions)..... 12,015,005 12,400,218
30 Total liabilities and net assets/fund balances (see instructions). 12,015,005 12,409,810
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
12,015,005
2
Enter amount from Part I, line 27a .....................
2
385,213
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
12,400,218
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
12,400,218
Form 990-PF (2025)
Form 990-PF (2025)
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 ADOBE SYSTEMS INC COM P 2024-04-08 2025-03-17
b BEST BUY COMPANY INC COM P 2024-05-24 2025-01-27
c CLOROX CO COM P 2025-06-23 2025-11-04
d ESSENTIAL UTILITIES INC P 2025-01-27 2025-11-17
e FORTINET INC COM P 2025-08-25 2025-12-10
IQVIA HOLDINGS INC P 2024-11-20 2025-03-17
LILLY ELI & CO COM P 2025-05-27 2025-11-24
ORMAT TECHNOLOGIES P 2024-04-02 2025-02-12
SCHLUMBERGER LTD COM P   2025-03-17
THERMO FISHER SCIENTIFIC INCCOM P   2025-05-20
UNITEDHEALTH GROUP INC 4.800% DUE 1/15/2030 P 2024-12-05 2025-05-20
US TREASURY BILL 0.0% DUE 3/20/25 P 2024-04-02 2025-03-20
ADOBE SYSTEMS INC COM P   2025-03-17
ADOBE SYSTEMS INC COM P   2025-08-25
ALPHABET CL A COM P 2019-07-17 2025-08-12
ALPHABET CL A COM P 2019-07-17 2025-09-08
ALPHABET CL A COM P 2019-07-17 2025-11-10
AMAZON INC COM P   2025-09-08
AMGEN INC 3.125% DUE 5/1/25 P 2019-06-03 2025-05-01
BEST BUY COMPANY INC COM P   2025-01-27
CAPITAL ONE BANK CD 1.450% DUE 4/22/25 P 2020-04-15 2025-04-22
CUMMINS INC COM P   2025-11-24
EXXON MOBIL CORPORATION 2.992% DUE 3/19/25 P 2020-04-15 2025-03-19
FIRST MERCHANTS CORP COM P 2023-04-14 2025-08-25
FIRST MERCHANTS CORP COM P   2025-11-10
FIRST NATL BK OMAHA 4.550% DUE 2/18/25 P 2023-02-13 2025-02-18
FORTINET INC COM P 2024-08-05 2025-12-10
GENERAL DYNAMICS CORP COM P 2019-07-17 2025-11-10
GOLDMAN SACHS GROUP INC 3.750% DUE 5/22/25 P 2023-08-08 2025-05-22
HERSHEY FOODS COM P 2023-08-24 2025-12-10
IQVIA HOLDINGS INC P   2025-03-17
LORD ABBETT HIGH YIELD FD CL I P   2025-05-23
MCDONALDS CORP COM P   2025-06-23
MICROSOFT CORP COM P 2018-06-19 2025-08-12
MICROSOFT CORP COM P 2018-06-19 2025-09-08
PEPSICO INC COM P   2025-01-27
PEPSICO INC COM P   2025-02-24
RAYTHEON TECHNOLOGIES COM P 2023-12-01 2025-11-10
S&P MID-CAP 400 GROWTH ETF SHARES P   2025-03-17
S&P MID-CAP 400 VALUE ETF SHARES P   2025-03-17
S&P SMALL CAP 400 GROWTH ETF SHARES P   2025-03-17
S&P SMALL CAP 400 VALUE ETF SHARES P   2025-03-17
SIMON PROPERTY GROUP 3.500% DUE 9/1/25 P 2022-06-28 2025-09-02
TOYOTA MOTOR CREDIT CORP 3.400% DUE 4/14/25 P 2019-02-14 2025-04-14
VANGUARD I S&P 500 COM P   2025-11-10
VEEVA SYS INC COM P   2025-09-08
VERIZON COMMUNICATIONS 2.625% DUE 8/15 P 2021-02-24 2025-04-23
VF CORP 2.400% DUE 4/23/25 P 2020-06-25 2025-03-27
S&P MID-CAP 400 GROWTH ETF SHARES P 2010-11-16 2025-03-17
S&P MID-CAP 400 VALUE ETF SHARES P 2010-11-16 2025-03-17
S&P SMALL CAP 400 GROWTH ETF SHARES P 2010-12-22 2025-03-17
S&P SMALL CAP 400 VALUE ETF SHARES P 2010-12-22 2025-03-17
  P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 39,029   48,211 -9,182
b 59,324   49,504 9,820
c 109,385   121,520 -12,135
d 159,840   140,917 18,923
e 41,096   39,029 2,067
74,002   76,664 -2,662
52,736   35,944 16,792
95,202   95,415 -213
289,797   275,194 14,603
164,064   187,777 -23,713
120,113   121,574 -1,461
47,662   47,662 0
50,738   65,195 -14,457
167,179   176,501 -9,322
10,148   2,869 7,279
199,028   48,767 150,261
174,130   34,424 139,706
82,705   49,299 33,406
20,000   20,000 0
177,972   158,364 19,608
50,000   50,000 0
86,711   40,200 46,511
50,000   50,000 0
41,432   30,820 10,612
272,336   237,048 35,288
100,000   100,000 0
123,288   83,595 39,693
50,625   26,816 23,809
100,000   100,000 0
80,885   96,417 -15,532
231,256   263,554 -32,298
66,975   79,850 -12,875
172,046   158,562 13,484
78,984   15,037 63,947
49,808   10,025 39,783
108,455   74,165 34,290
236,034   111,484 124,550
107,562   49,293 58,269
92,981   53,316 39,665
123,485   74,361 49,124
138,641   113,411 25,230
147,529   124,619 22,910
100,000   100,000 0
65,000   65,000 0
100,255   78,853 21,402
73,364   54,443 18,921
60,000   61,197 -1,197
80,000   80,057 -57
86,218   23,452 62,766
78,691   23,781 54,910
12,490   3,692 8,798
9,901   3,656 6,245
      0
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       -9,182
b       9,820
c       -12,135
d       18,923
e       2,067
      -2,662
      16,792
      -213
      14,603
      -23,713
      -1,461
      0
      -14,457
      -9,322
      7,279
      150,261
      139,706
      33,406
      0
      19,608
      0
      46,511
      0
      10,612
      35,288
      0
      39,693
      23,809
      0
      -15,532
      -32,298
      -12,875
      13,484
      63,947
      39,783
      34,290
      124,550
      58,269
      39,665
      49,124
      25,230
      22,910
      0
      0
      21,402
      18,921
      -1,197
      -57
      62,766
      54,910
      8,798
      6,245
      0
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 1,077,568
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 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 18,352
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 18,352
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 18,352
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 8,760
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 8,760
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....... 9 9,592
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 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)
IN
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 2025 or the taxable year beginning in 2025? 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 addressSMZFOUNDATION.ORG
14
The books are in care ofRICHARD M ZEIGLER Telephone no. (317) 430-1452

Located at11525 W WINDSOR ROADPARKER CITYIN ZIP+447368
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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 		134,400 32,571 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................... 0
Form 990-PF (2025)
Form 990-PF (2025)
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 59,398
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.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
16,373,062
b
Average of monthly cash balances.......................
1b
1,894,287
c
Fair market value of all other assets (see instructions)................
1c
29
d
Total (add lines 1a, 1b, and 1c).......................
1d
18,267,378
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
18,267,378
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
274,011
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,993,367
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
899,668
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
899,668
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
18,352
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
18,352
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
881,316
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
881,316
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
881,316
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, line 26, column (d) ..........
1a
905,534
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
905,534
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 881,316
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021...... 9,576
c From 2022...... 9,258
d From 2023......  
e From 2024...... 6,563
f Total of lines 3a through e ........ 25,397
4Qualifying distributions for 2025 from Part
XI, line 4: $ 905,534
a Applied to 2024, 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 2025 distributable amount..... 881,316
e Remaining amount distributed out of corpus 24,218
5 Excess distributions carryover applied to 2025. 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 49,615
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		49,615
10 Analysis of line 9:
a Excess from 2021 .... 9,576
b Excess from 2022 .... 9,258
c Excess from 2023 ....  
d Excess from 2024 .... 6,563
e Excess from 2025 .... 24,218
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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 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, 2b, 2c, and 2d. 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:
FEBRUARY 6 AND AUGUST 7. 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 (2025)
Form 990-PF (2025)
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

ACADEMY OF MODEL AERONAUTICS

5161 E MEMORIAL DR
MUNCIE,IN47302 		N/A   TIMBER TO TAILWINDS PROJECT 13,000

CARDINAL GREENWAY INC

700 E WYSOR ST
MUNCIE,IN47305 		N/A   ANNUAL OPERATING SUPPORT; TRAIL BUILDING 60,000

COMMUNITY ENHANCEMENT PROJECTS INC

420 S HIGH ST STE 204
MUNCIE,IN47305 		N/A   HALF URBAN FORESTER PAYROLL; ANNUAL OPERATING SUPPORT 140,100

COMMUNITY FOUNDATION OF MUNCIE & DELAWARE COUNTY INC

302 E JACKSON ST
MUNCIE,IN47305 		N/A   CEP MAINTENANCE ENDOWMENT FUND; FUNDERS' FORUM SUPPORT; ENVIRONMENTAL IMPACT FUND 240,000

CONSERVATION LAW CENTER

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

DELAWARE COUNTY HISTORICAL SOCIETY

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

EARLHAM NATURE RESERVE SYSTEM EARLHAM COLLEGE

801 NATIONAL ROAD WEST
RICHMOND,IN47374 		N/A   PRAIRIE EXPANSION 3,186

HALTEMAN VILLAGE NEIGHBORHOOD ASSOCIATION

3809 N VIENNA WOODS DR
MUNCIE,IN47304 		N/A   HALTEMAN PARK REVIATILIZATION 20,000

INDIANA HISTORICAL SOCIETY

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

INDIANA STATE MUSEUM FOUNDATION

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

MINNETRISTA CULTURAL CENTER

1200 N MINNETRISTA PKWY
MUNCIE,IN47303 		N/A   ANNUAL SUPPORT; ARBOR DAY CELEBRATION SUPPORT 7,500

MUNCIE ACTION PLAN

PO BOX 596
MUNCIE,IN47308 		N/A   BRIDGE DINNER 1,865

MUNCIE ARTS & CULTURE COUNCIL

PO BOX 488
MUNCIE,IN47308 		N/A   MAYOR'S ARTS AWARDS 1,000

MUNCIE CHILDREN'S MUSEUM

515 S HIGH STREET
MUNCIE,IN47305 		N/A   DISCOVERY PARK EXPANSION 85,000

MUNCIE DOWNTOWN DEVELOPMENT PARTNERSHIP

120 W CHARLES ST
MUNCIE,IN47305 		N/A   MUNCIE THREE TRAILS MUSIC SERIES; SUMMER EVENTS 67,000

MUNCIE-DELAWARE CLEAN & BEAUTIFUL

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

ORCHESTRA INDIANA

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

RED-TAIL LAND CONSERVANCY

125 E CHARLES ST 200
MUNCIE,IN47305 		N/A   ANNUAL OPERATING SUPPORT; RESTORING WHITE RIVER WOODS 51,000

ROSS COMMUNITY CENTER

1110 W 10TH ST
MUNCIE,IN47302 		N/A   ROSE PARK BEAUTIFICATION 24,000

STRONG CEMETERY ASSOCIATION

NORTH COUNTY ROAD 800 E
ALBANY,IN47320 		N/A   TREE PLANTING 5,000

THE NATURE CONSERVANCY

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

URBAN LIGHT COMMUNITY DEVELOPMENT

PO BOX 3185
MUNCIE,IN47307 		N/A   NEIGHBORHOOD ENGAGEMENT PROGRAMMING 47,000

WHITELY COMMUNITY COUNCIL

PO BOX 665
MUNCIE,IN47308 		N/A   LANDSCAPE DESIGN FOR CENTENNIAL RESOURCE HUB 10,765

8TWELVE COALITION

1424 S HOYT AVE
MUNCIE,IN47302 		N/A   WALNUT STREET PLANTER PROGRAM 2,000
Total ................................. 3a 800,916
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
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 ........... 		    14 104,218  
4 Dividends and interest from securities ....     14 282,371  
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 1,077,568  
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 1,464,157 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,464,157
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 4,975 2,488   1,990

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

TY 2025 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 2021-03-13 918 705 SL 5.000000000000 184 0    

TY 2025 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
ABBVIE INC 76,150 77,635
AMGEN INC 2.6% DUE 8/19/26 60,812 59,537
AMGEN INC 5.25% DUE 03/02/30 100,808 103,824
AMPHENOL CORP 4.35% DUE 6/01/29 147,103 151,547
CIGNA CORP 4.375% DUE 10/15/28 79,602 80,748
COMCAST CORP 93,766 97,066
CUMMINS ENGINE INC DEB 7.125% DUE 03/01/28 42,033 42,602
CUMMINS INC 102,101 102,184
DEERE & COMPANY 5,375% DUE 10/16/29 133,030 136,486
GENERAL MILLS INC 4.2% DUE 4/17/28 132,144 130,452
HONEYWELL INTERNATIONAL INC 100,775 102,278
JP MORGAN CHASE 3.625% DUE 12/01/27 97,154 99,505
KIMBERLY-CLARK CORPORATION 120,169 120,313
KROGER CO 4.5% DUE 1/15/29 127,512 131,740
LOWES COMPANIES INC 165,010 168,897
MCDONALDS CORPORATION 150,985 151,341
MCDONALDS CORP 3.5% DUE 07/01/27 93,833 89,528
MORGAN STANLEY BANK CD 100,000 100,411
OMNICOM 3.6% DUE 4/15/26 99,333 99,854
PEPSICO, INC 50,225 50,552
PFIZER INC 3.0% DUE 12/15/26 129,084 129,131
SYSCO NOTE 3.3% DUE 7/15/26 61,273 59,789
UNITED PARCEL SERVICE INC 3.05% DUE 19,561 19,773
US BANCORP SENIOR NOTES 4.548% DUE 7/22/28 74,730 75,632
VALERO ENERGY CORP 3.4% DUE 9/15/26 70,936 69,667
VERIZON COMMUNICATIONS 4.329% DUE 9/21/28 58,795 60,511
WALT DISNEY COMPANY 3.375% DUE 11/15/26 29,759 29,895
WASTE MANAGEMENT INC 3.150% DUE 11/15/27 92,064 88,963
WEC ENERGY GROUP 1.375% DUE 10/15/27 88,983 86,037
ZOETIS INC 103,785 104,971

TY 2025 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
ALLIANT CORP 164,932 318,549
ALPHABET CL A 92,319 751,200
AMAZON INC 289,875 692,460
APPLE COMPUTER INC 17,959 747,615
AUTOMATIC DATA PROCESSING 140,594 340,830
BERKSHIRE HATHAWAY CL B 256,193 678,577
CUMMINS INC 82,860 357,315
DANAHER CORP 323,357 606,638
GENERAL DYNAMICS CORP 183,792 388,842
HERSHEY FOODS 275,655 272,970
INTUIT 179,753 569,681
LILLY ELI & CO COM 138,327 214,936
LINDE PLC COM 117,383 123,653
LOCKHEED MARTIN CORP 282,606 370,008
MICROSOFT CORP 171,343 677,068
NISOURCE INC COM 101,240 167,040
PALO ALTO NETWORKS INC 232,415 291,036
RAYTHEON TECHNOLOGIES 174,748 505,267
STRYKER CORP 221,113 579,926
VEEVA SYS INC 162,019 200,907
VISA 178,303 557,629
WEC ENERGY GROUP 196,378 284,742
ZOETIS INC 216,880 191,246

TY 2025 InvestmentsGovtObligationsSch
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
US Government Securities - End of Year Book Value:

175,544
US Government Securities - End of Year Fair Market Value:

177,797
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 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 224,180 219,462
COLUMBIA HIGH YIELD BOND FUND AT COST 126,636 119,726
FEDERATED SH-INTERM TOTAL RETURN BOND FD AT COST 150,424 148,629
FEDERATED TOTAL RETURN BOND AT COST 137,505 119,891
GMO INT'L ETF AT COST 254,250 311,790
INVESCO S&P 500 EQ WEIGHT ETF AT COST 100,089 101,527
MORGAN STANLEY INTERNATIONAL ADVANTAGE AT COST 225,000 256,736
NORTHERN ULTRA-SHORT FIXED AT COST 124,883 125,803
UNITED FIDELITY BANK CD - PRINCIPAL AT COST 130,000 129,805
VANGUARD DEVELOPED MKTS INDEX FD ADMIRAL AT COST 250,000 305,750
VANGUARD I S&P 500 AT COST 436,425 696,114
VANGUARD MIDCAP INDEX FUND ADM AT COST 467,000 630,605
VANGUARD S/C INDEX ADMIRAL AT COST 396,787 558,757
VANGUARD SHORT TERM INVEST ADMIRAL BOND FUND AT COST 189,053 186,010

TY 2025 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 918 889 29  


TY 2025 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 7,631 7,819 46,961
PREPAID EXCISE TAX 2,678 0 0


TY 2025 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 7,341 734   6,607
OFFICE EXPENSE 1,027 10   1,006
INSURANCE 1,067 320   373
POSTAGE 40 0   39
MISCELLANEOUS 1,045 10   1,024
P.O. BOX RENT 382 4   374


TY 2025 OtherLiabilitiesSchedule
Name:
SHERMAN AND MARJORIE ZEIGLER
 
FOUNDATION INC
EIN:
31-1118863
Description Beginning of Year - Book Value End of Year - Book Value
EXCISE TAX PAYABLE 0 9,592


TY 2025 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 59,398 58,210   1,188


TY 2025 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 18,352 0   0
FOREIGN TAX 1,314 1,314   0
PAYROLL TAXES 10,282 4,627   5,141