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
ZYNE FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) 104 OXMOOR RD SUITE 144
  Room/suite
City or town
BIRMINGHAM
State or province
AL
Country  
ZIP or foreign postal code
35209
A Employer identification number

20-8982601
B Telephone number (see instructions)

2052904667
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)$26,075,646J 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      
4 Dividends and interest from securities... 966,528 965,028  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,466,236
b Gross sales price for all assets on line 6a 14,173,220
7 Capital gain net income (from Part IV, line 2)... 1,466,236
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........ 2,432,764 2,431,264  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 126,250 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
2,429 0   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
24,618 0   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,607 0   0
17 Interest............... 23 23   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
35,508 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 637 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
109,024 106,054   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 300,096 106,077   0
25 Contributions, gifts, grants paid....... 1,245,380 1,245,380
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,545,476 106,077   1,245,380
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 887,288
b Net investment income (if negative, enter -0-) 2,325,187
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.............      
2 Savings and temporary cash investments......... 1,375,802 129,090 129,090
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) 491,633 Click to see attachment
List of Attached Documents:
// Content
3,545,153 		3,545,153
b Investments—corporate stock (attach schedule)....... 10,524,207 Click to see attachment
List of Attached Documents:
// Content
9,999,836 		9,999,836
c Investments—corporate bonds (attach schedule)....... 8,484,220 Click to see attachment
List of Attached Documents:
// Content
8,765,471 		8,765,471
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,323,152 Click to see attachment
List of Attached Documents:
// Content
3,636,096 		3,636,096
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 24,199,014 26,075,646 26,075,646
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
2,438 		Click to see attachment
List of Attached Documents:
// Content
2,438
23 Total liabilities (add lines 17 through 22)......... 2,438 2,438
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 24,196,576 26,073,208
29 Total net assets or fund balances (see instructions)..... 24,196,576 26,073,208
30 Total liabilities and net assets/fund balances (see instructions). 24,199,014 26,075,646
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
24,196,576
2
Enter amount from Part I, line 27a .....................
2
887,288
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
989,344
4
Add lines 1, 2, and 3 ..........................
4
26,073,208
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
26,073,208
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 MSIF ULTRA-SHORT INCOME IR LT P   2025-12-02
b ABBVIE INC COM P 2020-12-31 2025-09-15
c BLACKROCK INC P 2018-06-04 2025-02-07
d BLACKROCK INC P 2018-06-04 2025-02-07
e BRISTOL MYERS SQUIBB LT P   2025-08-12
BROADCOM INC P 2021-01-06 2025-07-17
BROADCOM INC P 2021-01-06 2025-09-15
CSX CORP P   2025-09-15
DUKE ENERGY CORP NEW P 2019-01-15 2025-09-15
ELI LILLY P 2020-12-31 2025-03-10
ELI LILLY P 2020-12-31 2025-09-15
EMERSON ELECTRIC CO P   2025-08-12
INTEL CORP P   2025-08-27
INTERNATIONAL BUSINESS MACHINES CORP P   2025-09-15
LOCKHEED MARTIN CORP P   2025-09-15
M & T BANK CORP P 2024-07-23 2025-09-15
MICROSOFT CORP P 2020-12-31 2025-09-15
NVIDIA CORPORATION P 2025-03-10 2025-09-15
PHILIP MORRIS INTL INC P   2025-06-25
PROCTER & GAMBLE P   2025-09-15
RTX CORPORATION P   2025-09-15
SHELL (ROYAL DUTCH SHELL PLC) P 2020-12-31 2025-09-15
UNILEVER PLC P 2020-12-31 2025-09-15
WALT DISNEY CO HLDG CO P 2019-10-17 2025-09-15
BLACKROCK ENERGY & RESOURCES P 2020-12-31 2025-11-20
BLACKROCK SCIENCE & TECHNOLOGY TR P   2025-09-15
CALAMOS STRG TTL RETURN FD P 2020-12-31 2025-11-20
NUVEEN NASDAQ 100 DYNAMIC OVC P 2020-12-31 2025-09-15
ROYCE VALUE TRUST INC P 2025-03-26 2025-03-27
ROYCE VALUE TRUST INC P 2025-06-25 2025-06-26
ROYCE VALUE TRUST INC P   2025-09-15
ROYCE VALUE TRUST INC P 2025-09-25 2025-09-26
ROYCE VALUE TRUST INC P 2021-04-03 2025-11-20
ROYCE VALUE TRUST INC P 2021-07-05 2025-11-20
SPDR S&P 500 ETF TRUST (SPY) P 2019-04-01 2025-09-15
VICTORYSHARES US EQ INCOME E P 2020-12-31 2025-11-20
MORGAN STANLEY DEP SHS REPSTG P 2018-01-16 2025-06-10
MORGAN STANLEY DEP SHS REPSTG P 2018-01-16 2025-06-10
MORGAN STANLEY DEP SHS REPSTG P 2019-01-15 2025-06-10
ALLY FINANCIAL INC 02005NBF6 P   2025-07-31
ALLY FINANCIAL INC 02005NBF6 P   2025-07-31
ALLY FINANCIAL INC 02005NBF6 P   2025-07-31
ALLY FINANCIAL INC 02005NBF6 P   2025-07-31
ALLY FINANCIAL INC 02005NBF6 P   2025-07-31
ALLY FINANCIAL INC 02005NBF6 P   2025-07-31
ALLY FINANCIAL INC 02005NBF6 P   2025-07-31
ALLY FINANCIAL INC 02005NBF6 P   2025-08-01
ALLY FINANCIAL INC 02005NBF6 P   2025-08-01
ALLY FINANCIAL INC 02005NBF6 P   2025-08-01
ALLY FINANCIAL INC 02005NBF6 P 2025-06-05 2025-08-01
ALLY FINANCIAL INC 02005NBF6 P 2025-06-11 2025-08-01
ARES CAPITAL CORP 04010LBE2 P   2025-08-19
ARES CAPITAL CORP 04010LBE2 P   2025-09-18
AMEREN CORP 023608AJ1 P 2024-10-07 2025-04-08
AMEREN CORP 023608AJ1 P   2025-08-19
AMEREN CORP 023608AJ1 P 2025-08-22 2025-09-18
BANK OF AMERICA CORP FXD TO 102034 06051GMD8 P 2025-08-01 2025-08-13
BANK OF AMERICA CORP FXD TO 102034 06051GMD8 P 2025-08-22 2025-09-05
BANK OF AMERICA CORP FXD TO 102034 06051GMD8 P 2025-08-22 2025-09-18
BANK OF NEW YORK MELLON CORP FXD TO 102032 06406RBM8 P 2025-08-01 2025-08-13
BANK OF NEW YORK MELLON CORP FXD TO 102032 06406RBM8 P 2025-08-22 2025-09-05
BANK OF NEW YORK MELLON CORP FXD TO 102032 06406RBM8 P 2025-08-22 2025-09-18
BANK OF NEW YORK MELLON CORP FXD TO 102032 06406RBM8 P 2025-10-14 2025-12-18
BANK OF NEW YORK MELLON CORP FXD TO 102032 06406RBM8 P 2025-10-14 2025-12-19
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P 2024-09-24 2025-06-05
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P 2024-09-24 2025-08-19
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P 2024-09-04 2025-09-10
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P   2025-09-10
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P   2025-09-11
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P   2025-09-11
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P   2025-09-11
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P   2025-09-11
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P   2025-09-11
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P   2025-09-11
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P   2025-09-11
BP CAPITAL MARKETS PLC FXD TO 062030 4.8750% 05565QDV7 P   2025-09-11
BROADCOM INC 11135FAQ4 P 2021-02-16 2025-04-08
BROADCOM INC 11135FAQ4 P   2025-08-19
CENTENE CORP 15135BAR2 P 2024-09-24 2025-02-19
CENTENE CORP 15135BAR2 P 2024-09-24 2025-04-08
CENTENE CORP 15135BAR2 P   2025-07-31
CENTENE CORP 15135BAR2 P 2024-07-29 2025-08-01
CHARLES SCHWAB CORP 808513BD6 P   2025-04-01
CITIGROUP INC FXD TO 052028 VAR THRAFTR 7.375% 172967PC9 P 2024-09-24 2025-06-05
CITIGROUP INC FXD TO 052028 VAR THRAFTR 7.375% 172967PC9 P 2024-12-11 2025-06-05
CITIGROUP INC FXD TO 052028 VAR THRAFTR 7.375% 172967PC9 P   2025-08-19
CITIGROUP INC FXD TO 052028 VAR THRAFTR 7.375% 172967PC9 P 2024-10-07 2025-12-19
CITIGROUP INC FXD TO 122025 VAR THRAFTR 4.0000% 172967MU2 P   2025-08-19
CITIGROUP INC FXD TO 122025 VAR THRAFTR 4.0000% 172967MU2 P 2025-08-22 2025-09-18
CITIGROUP INC FXD TO 122025 VAR THRAFTR 4.0000% 172967MU2 P   2025-12-10
CITIGROUP INC FXD TO 122025 VAR THRAFTR 4.0000% 172967MU2 P   2025-12-10
COMCAST CORP 20030NCT6 P 2020-12-16 2025-02-19
COMCAST CORP 20030NCT6 P 2020-12-16 2025-04-08
COMCAST CORP 20030NCT6 P 2021-06-05 2025-04-08
COMCAST CORP 20030NCT6 P 2021-06-08 2025-08-19
COMCAST CORP 20030NCT6 P   2025-10-07
COMCAST CORP 20030NCT6 P   2025-10-08
COMCAST CORP 20030NCT6 P   2025-10-08
DOMINION ENERGY INC FXD TO 062034 25746UDU0 P 2024-09-24 2025-06-05
DOMINION ENERGY INC FXD TO 062034 25746UDU0 P 2024-09-24 2025-08-19
DTE ENERGY CO 233331BL0 P 2024-09-24 2025-04-08
DTE ENERGY CO 233331BL0 P 2024-09-24 2025-08-19
DTE ENERGY CO 233331BL0 P 2025-10-10 2025-12-19
FLEX LTD 33938XAA3 P 2024-09-24 2025-04-08
FLEX LTD 33938XAA3 P 2024-09-24 2025-08-19
FLEX LTD 33938XAA3 P 2025-08-22 2025-08-27
FLEX LTD 33938XAA3 P 2025-08-22 2025-09-18
FORD MOTOR CO 345370DB3 P 2024-09-24 2025-06-05
FORD MOTOR CO 345370DB3 P 2024-09-24 2025-08-15
FREEPORT-MCMORAN INC 35671DCH6 P 2024-09-24 2025-08-19
FREEPORT-MCMORAN INC 35671DCH6 P 2025-09-22 2025-10-14
GENERAL MOTORS FIN CO FXD TO 092027 37045XCA2 P 2020-08-31 2025-06-05
GENERAL MOTORS FIN CO FXD TO 092027 37045XCA2 P 2024-08-26 2025-06-05
GENERAL MOTORS FIN CO FXD TO 092027 37045XCA2 P 2025-02-19 2025-06-05
GENERAL MOTORS FIN CO FXD TO 092027 37045XCA2 P 2025-02-19 2025-08-19
GENERAL MOTORS FIN CO FXD TO 092027 37045XCA2 P 2025-08-22 2025-09-18
GENERAL MOTORS FIN CO FXD TO 092027 37045XCA2 P 2025-09-22 2025-10-10
GENERAL MOTORS FIN CO FXD TO 092027 37045XCA2 P 2025-08-09 2025-12-18
GOLDMAN SACHS GROUP INC/THE FX 7.500% DUE2064-08-26 38141GA79 P 2024-10-07 2025-06-05
GOLDMAN SACHS GROUP INC/THE FX 7.500% DUE2064-08-26 38141GA79 P 2024-10-07 2025-08-19
GOLDMAN SACHS GROUP INC/THE FX 7.500% DUE2064-08-26 38141GA79 P 2024-10-07 2025-10-10
GOLDMAN SACHS GROUP INC/THE FX 7.500% DUE2064-08-26 38141GA79 P 2024-09-19 2025-12-19
JPMORGAN CHASE & CO 6.400% 05/15/2038 46625HHF0 P 2024-09-24 2025-08-19
JPMORGAN CHASE & CO 6.400% 05/15/2038 46625HHF0 P 2024-09-04 2025-10-14
JPMORGAN CHASE & CO 6.400% 05/15/2038 46625HHF0 P 2024-09-04 2025-12-19
KEURIG DR PEPPER INC 49271VAT7 P 2024-09-24 2025-04-08
KEURIG DR PEPPER INC 49271VAT7 P 2024-09-24 2025-08-19
LOWE'S COS INC 548661DU8 P 2024-09-24 2025-04-08
LOWE'S COS INC 548661DU8 P 2024-09-24 2025-08-19
METLIFE INC 5.700% 59156RAM0 P 2024-09-24 2025-04-08
METLIFE INC 5.700% 59156RAM0 P 2024-09-24 2025-08-19
METLIFE INC 5.700% 59156RAM0 P 2024-09-04 2025-12-19
MOLSON COORS BEVERAGE CO 60871RAD2 P 2024-09-04 2025-08-19
MOLSON COORS BEVERAGE CO 60871RAD2 P 2024-04-23 2025-10-14
MOLSON COORS BEVERAGE CO 60871RAD2 P 2024-04-01 2025-12-18
PNC FIN SERVICES GROUP INC FXD 6.250% DUE2064-01-18 693475BP9 P 2024-09-24 2025-06-05
PNC FIN SERVICES GROUP INC FXD 6.250% DUE2064-01-18 693475BP9 P   2025-08-19
PNC FIN SERVICES GROUP INC FXD 6.250% DUE2064-01-18 693475BP9 P 2025-09-22 2025-10-10
TRUIST FINANCIAL CORP 89832QAF6 P 2025-02-19 2025-06-05
TRUIST FINANCIAL CORP 89832QAF6 P   2025-08-19
TRUIST FINANCIAL CORP 89832QAF6 P 2025-08-22 2025-08-27
TRUIST FINANCIAL CORP 89832QAF6 P 2025-05-22 2025-09-18
TRUIST FINANCIAL CORP 89832QAF6 P   2025-12-09
TRUIST FINANCIAL CORP 89832QAF6 P   2025-12-10
TRUIST FINANCIAL CORP 89832QAF6 P   2025-12-09
VERIZON COMMUNICATIONS INC 92343VER1 P 2024-09-24 2025-04-08
VERIZON COMMUNICATIONS INC 92343VER1 P   2025-08-19
WELLS FARGO & FXD TO 092028VAR 95002YAA1 P 2024-09-04 2025-06-05
WELLS FARGO & FXD TO 092028VAR 95002YAA1 P 2024-09-04 2025-09-18
US TSY BILL P 2025-01-02 2025-01-08
US TSY BILL P 2024-12-02 2025-01-02
US TSY BILL P 2024-12-12 2025-01-02
US TSY BILL P 2024-12-18 2025-01-02
US TSY BILL P 2024-12-20 2025-01-02
US TSY BILL P 2024-12-26 2025-01-02
US TSY BILL P 2025-01-02 2025-02-06
US TSY BILL P 2025-01-10 2025-02-06
US TSY BILL P 2025-01-15 2025-02-06
US TSY BILL P 2025-01-16 2025-02-06
US TSY BILL P 2025-02-04 2025-02-06
US TSY BILL P 2025-02-05 2025-02-07
US TSY BILL P 2025-02-05 2025-02-07
US TSY BILL P 2025-02-05 2025-02-19
US TSY BILL P 2025-02-10 2025-02-19
US TSY BILL P 2025-03-04 2025-03-05
US TSY BILL P 2025-03-10 2025-03-11
US TSY BILL P 2025-03-12 2025-03-13
US TSY BILL P 2025-02-05 2025-03-04
US TSY BILL P 2025-03-04 2025-03-04
US TSY BILL P 2025-03-02 2025-04-03
US TSY BILL P 2025-03-02 2025-04-03
US TSY BILL P 2025-03-03 2025-04-03
US TSY BILL P 2025-03-04 2025-04-03
US TSY BILL P 2025-03-10 2025-04-03
US TSY BILL P 2025-03-12 2025-04-03
US TSY BILL P 2025-03-14 2025-04-03
US TSY BILL P 2025-03-18 2025-04-03
US TSY BILL P 2025-03-24 2025-04-03
US TSY BILL P 2025-04-01 2025-04-03
US TSY BOND P 2024-09-24 2025-04-08
US TSY BILL P 2025-04-02 2025-04-03
US TSY BILL P 2025-04-02 2025-04-07
US TSY BILL P 2025-04-02 2025-04-08
US TSY BILL P 2025-04-02 2025-04-09
US TSY BILL P 2025-04-02 2025-04-09
US TSY BILL P 2025-05-06 2025-04-02
US TSY BILL P 2025-05-06 2025-04-16
US TSY BILL P 2025-05-06 2025-04-28
US TSY BILL P 2025-05-06 2025-05-02
US TSY BILL P 2025-06-04 2025-06-05
US TSY BILL P 2025-06-04 2025-06-06
US TSY BILL P 2025-06-04 2025-06-06
US TSY BILL P 2025-06-04 2025-06-11
US TSY BILL P 2025-06-10 2025-06-11
US TSY BILL P 2025-05-05 2025-06-05
US TSY BILL P 2025-05-13 2025-06-05
US TSY BILL P 2025-05-16 2025-06-05
US TSY BILL P 2025-05-21 2025-06-05
US TSY BILL P 2025-07-07 2025-07-11
US TSY BILL P 2025-07-07 2025-07-15
US TSY BILL P 2025-07-07 2025-07-15
US TSY BILL P 2025-06-03 2025-07-08
US TSY BILL P 2025-06-04 2025-07-08
US TSY BILL P 2025-06-17 2025-07-08
US TSY BILL P 2025-06-24 2025-07-08
US TSY BILL P 2025-07-07 2025-08-05
US TSY BILL P 2025-07-16 2025-08-05
US TSY BILL P 2025-07-31 2025-08-05
US TSY BILL P 2025-08-04 2025-08-08
US TSY BILL P 2025-08-04 2025-08-13
US TSY BILL P 2025-08-04 2025-08-13
US TSY BILL P 2025-08-11 2025-08-13
US TSY BILL P 2025-08-19 2025-08-20
US TSY BILL P 2025-08-19 2025-08-20
US TSY BILL P 2025-08-19 2025-08-22
US TSY BILL P 2025-08-19 2025-08-27
US TSY BILL P 2025-08-19 2025-08-28
US TSY BOND P 2024-09-24 2025-08-19
US TSY BILL P 2025-08-03 2025-09-04
US TSY BILL P 2025-08-04 2025-09-04
US TSY BILL P 2025-08-18 2025-09-04
US TSY BILL P 2025-08-19 2025-09-04
US TSY BILL P 2025-08-29 2025-09-04
US TSY BILL P 2025-09-03 2025-09-04
US TSY BILL P 2025-09-03 2025-09-05
US TSY BILL P 2025-09-03 2025-09-09
US TSY BILL P 2025-09-11 2025-09-12
US TSY BILL P 2025-09-11 2025-09-12
US TSY BILL P 2025-09-03 2025-09-22
US TSY BILL P 2025-09-10 2025-09-23
US TSY BILL P 2025-09-11 2025-09-24
US TSY BILL P 2025-09-17 2025-09-25
US TSY BILL P 2025-09-18 2025-09-26
US TSY BILL REDEMPTION P   2025-10-02
US TSY BILL P 2025-10-01 2025-10-14
US TSY BILL P 2025-10-02 2025-10-14
US TSY BILL P 2025-10-02 2025-10-22
US TSY BILL P 2025-10-07 2025-10-10
US TSY BILL P 2025-10-07 2025-10-14
US TSY BOND P 2024-09-24 2025-10-10
US TSY BILL P 2025-10-08 2025-10-09
US TSY BILL P 2025-10-08 2025-10-09
US TSY BILL P 2025-10-08 2025-10-10
US TSY BILL P 2025-10-15 2025-10-22
US TSY BILL P 2025-10-23 2025-10-28
US TSY BILL P 2025-10-27 2025-10-28
US TSY BILL P 2025-11-05 2025-11-10
US TSY BILL P 2025-11-05 2025-11-18
US TSY BILL P 2025-01-12 2025-11-18
US TSY BILL P 2025-11-17 2025-11-18
US TSY BILL P 2025-10-23 2025-11-06
US TSY BILL P 2025-11-03 2025-11-06
US TSY BOND P 2024-09-24 2025-12-19
US TSY BILL P 2025-11-05 2025-12-04
US TSY BILL P 2025-11-19 2025-12-04
US TSY BILL P 2025-12-01 2025-12-04
US TSY BILL P 2025-12-05 2025-12-08
US TSY BILL P 2025-12-10 2025-12-11
US TSY BILL P 2025-12-10 2025-12-16
US TSY BILL P 2025-12-12 2025-12-16
US TSY BILL P 2025-12-15 2025-12-16
US TSY BILL P 2025-12-05 2025-12-18
US TSY BILL P 2025-12-09 2025-12-18
US TSY BILL P 2025-12-10 2025-12-18
MSIFT ULTRASHORT INCOME A LT P   2025-10-02
MSIFT ULTRASHORT INCOME A ST P   2025-10-02
MSIF ULTRA-SHORT INCOME IR LT P   2025-03-10
MSIF ULTRA-SHORT INCOME IR ST P   2025-12-02
(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 43,595   43,588 7
b 107,423   53,575 53,848
c 16,128   8,668 7,460
d 9,072   4,876 4,196
e 81,405   96,921 -15,516
284,300   42,982 241,318
180,105   21,491 158,614
87,607   81,705 5,902
92,323   64,366 27,957
207,619   42,210 165,409
37,383   8,442 28,941
209,466   105,646 103,820
76,554   151,765 -75,211
286,240   140,278 145,962
91,391   68,194 23,197
49,135   43,197 5,938
102,651   44,484 58,167
53,336   31,788 21,548
590,987   250,228 340,759
15,684   14,194 1,490
31,487   17,898 13,589
96,918   45,441 51,477
64,995   62,651 2,344
43,545   49,303 -5,758
12,200   6,390 5,810
98,291   95,274 3,017
33,482   28,469 5,013
49,059   46,844 2,215
8   8 0
11   11 0
82,833   68,436 14,397
7   8 -1
852   1,003 -151
558   656 -98
101,741   43,989 57,752
59,109   48,492 10,617
41,599   46,576 -4,977
8,220   9,204 -984
50,691   53,000 -2,309
19,028   21,269 -2,241
4,006   4,478 -472
30,045   29,505 540
7,009   6,910 99
6,009   5,923 86
7,010   691 6,319
6,009   6,031 -22
37,052   39,549 -2,497
33,047   35,273 -2,226
25,035   26,722 -1,687
6,008   6,024 -16
3,004   3,014 -10
22,685   22,574 111
15,472   15,340 132
4,646   4,701 -55
19,014   18,790 224
10,555   10,503 52
2,021   2,014 7
2,049   2,023 26
24,706   24,275 431
1,068   1,066 2
1,080   1,070 10
22,693   22,468 225
1,080   1,078 2
1,079   1,078 1
993   1,010 -17
21,938   22,181 -243
20,220   19,908 312
6,066   5,993 73
45,554   43,093 2,461
30,372   29,005 1,367
29,363   27,771 1,592
28,345   27,580 765
26,331   24,898 1,433
26,320   24,898 1,422
25,313   23,993 1,320
22,273   21,482 791
2,884   3,228 -344
26,643   29,691 -3,048
1,940   1,972 -32
1,945   1,972 -27
67,939   68,577 -638
206,233   205,682 551
357,960   358,221 -261
7,316   7,491 -175
3,136   3,181 -45
28,148   28,605 -457
1,047   1,059 -12
30,065   29,759 306
19,947   20,097 -150
339,000   328,915 10,085
18,000   18,038 -38
1,958   2,189 -231
1,976   2,182 -206
1,976   2,158 -182
24,018   27,838 -3,820
178,818   188,478 -9,660
89,351   94,239 -4,888
17,065   16,836 229
2,122   2,190 -68
32,186   32,826 -640
3,081   3,220 -139
36,693   37,208 -515
2,132   2,135 -3
1,982   2,009 -27
18,123   18,050 73
2,023   2,021 2
9,132   9,092 40
3,905   4,150 -245
33,333   34,105 -772
34,856   34,901 -45
1,994   1,999 -5
6,853   7,078 -225
8,811   8,851 -40
6,853   7,031 -178
34,151   33,389 762
30,487   30,178 309
991   1,021 -30
4,035   3,191 844
5,250   5,458 -208
31,127   31,654 -527
3,268   3,275 -7
1,063   1,093 -30
39,125   40,818 -1,693
1,136   1,138 -2
1,133   1,156 -23
4,050   4,130 -80
24,589   24,646 -57
2,963   3,047 -84
25,250   25,240 10
3,120   3,277 -157
34,866   35,638 -772
2,139   2,148 -9
46,679   49,586 -2,907
2,804   2,846 -42
1,853   1,936 -83
3,085   3,064 21
29,776   29,625 151
1,032   1,031 1
5,011   4,974 37
19,275   18,747 528
1,019   1,019 0
18,116   18,333 -217
148,982   142,775 6,207
100,426   94,931 5,495
20,279   19,848 431
3,967   4,031 -64
32,170   32,116 54
1,087   1,098 -11
27,984   28,537 -553
8,970   8,964 6
117,000   116,566 434
24,400   24,342 58
33,300   33,246 54
100   100 0
6,700   6,695 5
173,200   172,507 693
6,400   6,382 18
100   100 0
13,900   13,867 33
8,400   8,399 1
8,977   8,973 4
100   100 0
109,245   109,066 179
6,691   6,683 8
4,584   4,584 0
898   898 0
4,489   4,489 0
84,100   83,843 257
7,400   7,390 10
4,600   4,584 16
4,500   4,484 16
82,600   82,308 292
7,300   7,275 25
1,000   997 3
100   100 0
4,500   4,491 9
20,300   20,264 36
7,800   7,792 8
368,700   368,656 44
9,913   10,446 -533
91,853   91,843 10
2,691   2,690 1
237,841   237,675 166
4,486   4,483 3
2,692   2,690 2
74,100   73,813 287
13,600   13,570 30
9,900   9,892 8
12,200   12,199 1
9,066   9,065 1
996   996 0
897   897 0
30,704   30,681 23
98,093   98,093 0
110,200   109,812 388
13,700   13,665 35
30,600   30,539 61
5,100   5,092 8
997   997 0
998   997 1
998   997 1
98,400   98,021 379
45,100   44,926 174
31,800   31,727 73
6,800   6,790 10
179,600   179,009 591
13,100   13,071 29
148,400   148,330 70
9,373   9,367 6
35,612   35,573 39
998   996 2
6,584   6,582 2
9,483   9,483 0
8,586   8,585 1
253,002   252,855 147
899   898 1
2,898   2,895 3
38,018   40,435 -2,417
9,500   9,466 34
323,200   322,053 1,147
7,700   7,686 14
321,900   321,334 566
2,400   2,399 1
997   997 0
2,892   2,891 1
2,893   2,891 2
1,995   1,995 0
7,785   7,782 3
277,321   276,700 621
26,373   26,337 36
237,561   237,261 300
11,788   11,782 6
188,910   188,827 83
410,900   409,628 1,272
998   996 2
109,555   109,410 145
301,199   300,530 669
2,095   2,094 1
180,396   180,254 142
325   337 -12
95,333   95,323 10
997   997 0
9,478   9,472 6
6,791   6,786 5
72,338   72,296 42
25,578   25,575 3
4,788   4,786 2
71,585   71,487 98
18,770   18,758 12
35,044   35,040 4
236,000   235,660 340
12,400   12,397 3
1,502   1,507 -5
172,700   172,186 514
900   899 1
28,400   28,394 6
2,892   2,892 0
223,935   223,913 22
92,713   92,657 56
100,797   100,777 20
20,359   20,357 2
16,471   16,452 19
169,400   169,234 166
103,417   103,329 88
279,109   278,837 272
12,696   12,691 5
250,000   249,849 151
573,272   573,263 9
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       7
b       53,848
c       7,460
d       4,196
e       -15,516
      241,318
      158,614
      5,902
      27,957
      165,409
      28,941
      103,820
      -75,211
      145,962
      23,197
      5,938
      58,167
      21,548
      340,759
      1,490
      13,589
      51,477
      2,344
      -5,758
      5,810
      3,017
      5,013
      2,215
      0
      0
      14,397
      -1
      -151
      -98
      57,752
      10,617
      -4,977
      -984
      -2,309
      -2,241
      -472
      540
      99
      86
      6,319
      -22
      -2,497
      -2,226
      -1,687
      -16
      -10
      111
      132
      -55
      224
      52
      7
      26
      431
      2
      10
      225
      2
      1
      -17
      -243
      312
      73
      2,461
      1,367
      1,592
      765
      1,433
      1,422
      1,320
      791
      -344
      -3,048
      -32
      -27
      -638
      551
      -261
      -175
      -45
      -457
      -12
      306
      -150
      10,085
      -38
      -231
      -206
      -182
      -3,820
      -9,660
      -4,888
      229
      -68
      -640
      -139
      -515
      -3
      -27
      73
      2
      40
      -245
      -772
      -45
      -5
      -225
      -40
      -178
      762
      309
      -30
      844
      -208
      -527
      -7
      -30
      -1,693
      -2
      -23
      -80
      -57
      -84
      10
      -157
      -772
      -9
      -2,907
      -42
      -83
      21
      151
      1
      37
      528
      0
      -217
      6,207
      5,495
      431
      -64
      54
      -11
      -553
      6
      434
      58
      54
      0
      5
      693
      18
      0
      33
      1
      4
      0
      179
      8
      0
      0
      0
      257
      10
      16
      16
      292
      25
      3
      0
      9
      36
      8
      44
      -533
      10
      1
      166
      3
      2
      287
      30
      8
      1
      1
      0
      0
      23
      0
      388
      35
      61
      8
      0
      1
      1
      379
      174
      73
      10
      591
      29
      70
      6
      39
      2
      2
      0
      1
      147
      1
      3
      -2,417
      34
      1,147
      14
      566
      1
      0
      1
      2
      0
      3
      621
      36
      300
      6
      83
      1,272
      2
      145
      669
      1
      142
      -12
      10
      0
      6
      5
      42
      3
      2
      98
      12
      4
      340
      3
      -5
      514
      1
      6
      0
      22
      56
      20
      2
      19
      166
      88
      272
      5
      151
      9
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 1,466,236
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 32,320
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 32,320
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 32,320
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 21,521
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 21,521
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 10,799
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
 
No
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)
AL
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 addressHTTPS://WWW.ZYNEFAMILYFOUNDATION.ORG
14
The books are in care ofTHE FOUNDATION Telephone no. (205) 290-4667

Located at104 OXMOOR RD SUITE 144BIRMINGHAMAL ZIP+435209
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
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
KIMBERLY E STEPHENS PRESIDENT/EXECUTATIVE DIRECTOR
2.00 		36,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
JENNY T STEPHENS VICE PRESIDENT
0.20 		0 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
STANLEY C HUNER SECRETARY/TREASURER
1.00 		24,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
JOSEPH R STEPHENS JR VICE PRESIDENT/ASSISTANT TREASURER
1.00 		12,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
KIMBERLY E STEPHENS DIRECTOR
0.20 		6,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
DANA S TRAVIS DIRECTOR
0.20 		6,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
VALERIE S WHITT DIRECTOR
0.20 		6,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
STANLEY C HUNER DIRECTOR
0.20 		6,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
JENNY T STEPHENS DIRECTOR
0.20 		6,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
NATALIE S SLOVENSKY DIRECTOR
0.20 		6,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
NATHAN STEPHENS DIRECTOR
0.20 		6,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
JOSEPH R STEPHENS JR DIRECTOR
0.20 		6,000 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
R HARRRISON ADAMS III DIRECTOR
0.20 		6,250 0 0
104 OXMOOR RD STE 144
BIRMINGHAM,AL35209
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
NONE
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
24,347,762
b
Average of monthly cash balances.......................
1b
1,047,720
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
25,395,482
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
25,395,482
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
380,932
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
25,014,550
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,250,728
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
1,250,728
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
32,320
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
32,320
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,218,408
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,218,408
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
1,218,408
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
1,245,380
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
1,245,380
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 1,218,408
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......  
c From 2022......  
d From 2023......  
e From 2024...... 32,058
f Total of lines 3a through e ........ 32,058
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,245,380
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..... 1,218,408
e Remaining amount distributed out of corpus 26,972
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 59,030
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 ...... 		59,030
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 .... 32,058
e Excess from 2025 .... 26,972
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:
ZYNE FAMILY FOUNDATION - GRANTS COM
104 OXMOOR RD SUITE 144
BIRMINGHAM,AL35209
(205) 290-4667
ZYNEFAMILYFOUNDATION@GMAIL.COM
bThe form in which applications should be submitted and information and materials they should include:
ALL APPLICATIONS CAN BE SUBMITTED VIA THE FOUNDATION'S WEBSITE, E-MAIL OR U.S. MAIL. ALL OF THE REQUIRED INFORMATION FOR GRANT APPLICATIONS CAN BE FOUND ON THE FOUNDATION'S WEBSITE.
cAny submission deadlines:
ALL APPLICATIONS MUST BE RECEIVED BY SEPTEMBER 1 TO BE CONSIDERED FOR THE CURRENT CALENDAR YEAR.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE FOUNDATION ACCEPTS UNSOLICITED APPLICATIONS FROM ORGANIZATIONS THAT MEET THE FOUNDATION'S REQUIREMENTS AND INTERESTS.
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

ALZHEIMER'S ASSOCIATION

PO BOX 41428
NASHVILLE,TN37204 		    SUPPORT NEEDS OF ORGANIZATION 125,000

BRIDGEWAYS INC

120 OXMOOR BLVD 110
BIRMINGHAM,AL35209 		    SUPPORT NEEDS OF ORGANIZATION 20,000

CATHEDRAL OF SAINT PAUL

2120 THIRD AVENUE NORTH
BIRMINGHAM,AL35203 		    SUPPORT NEEDS OF ORGANIZATION 30,000

CHILDREN'S HARBOR

434 CHILDRENS HARBOR DRIVE
ECLECTIC,AL36024 		    SUPPORT NEEDS OF ORGANIZATION 10,000

CLOSET OF HOPE

4930 CALDWELL MILL LANE
BIRMINGHAM,AL35242 		    SUPPORT NEEDS OF ORGANIZATION 25,000

COMMUNITY FOOD BANK OF CENTRAL ALABAMA

107 WALTER DAVIS DRIVE
BIRMINGHAM,AL35209 		    SUPPORT NEEDS OF ORGANIZATION 140,000

EPARCHY OF OUR LADY OF LEBANON OF LOS ANGELES

1021 S 10TH ST
ST LOUIS,MO63104 		    SUPPORT NEEDS OF ORGANIZATION 175,000

FIRST FRUIT MINISTRIES

121 DEERWOOD LAKE DRIVE
HARPERSVILLE,AL35078 		    SUPPORT NEEDS OF ORGANIZATION 45,000

HEDGES & HIWAYS PRISON MINISTRIES

PO BOX 110275
BIRMINGHAM,AL35211 		    SUPPORT NEEDS OF ORGANIZATION 40,000

JEFFERSON COUNTY JUNIOR MISS

350 LAKESHORE DRIVE
HOMEWOOD,AL35209 		    SUPPORT NEEDS OF ORGANIZATION 10,000

JOHN CARROLL HIGH SCHOOL

300 LAKESHORE PKWY
BIRMINGHAM,AL35209 		    SUPPORT NEEDS OF ORGANIZATION 50,000

JONES VALLEY URBAN FARM

701 25TH ST N
BIRMINGHAM,AL35203 		    SUPPORT NEEDS OF ORGANIZATION 75,000

LIBERTY LEARNING FOUNDATION

3414 GOVERNORS DRIVE
HUNTSVILLE,AL35805 		    SUPPORT NEEDS OF ORGANIZATION 10,000

OUR LADY OF SORROWS CHURCH

1728 OXMOOR RD
HOMEWOOD,AL35209 		    SUPPORT NEEDS OF ORGANIZATION 55,000

ST ELIAS MARONITE CHURCH

836 8TH ST S
BIRMINGHAM,AL35205 		    SUPPORT NEEDS OF ORGANIZATION 80,000

ST ROSE ACADEMY

1401 22ND ST S
BIRMINGHAM,AL35205 		    SUPPORT NEEDS OF ORGANIZATION 150,000

KNIGHTS OF COLUMBUS CHARITABLE FUND

ONE COLUMBUS PLAZA 19TH FLOOR
NEW HAVEN,CT06510 		    SUPPORT NEEDS OF ORGANIZATION 16,380

UNLESS U

737 CHESTNUT STREET
VESTAVIA HILLS,AL35216 		    SUPPORT NEEDS OF ORGANIZATION 25,000

WETLANDS AMERICA TRUST

ONE WATERFOWL WAY
MEMPHIS,TN38120 		    SUPPORT NEEDS OF ORGANIZATION 20,000

GRANTED LLC

1711 23RD AVENUE
TUSCALOOSA,AL35401 		    SUPPORT NEEDS OF ORGANIZATION 36,000

ALABAMA WILDLIFE

100 TERRACE DRIVE
PLEHAM,AL35124 		    SUPPORT NEEDS OF ORGANIZATION 25,000

CATHOLIC CENTER OF CONCERN

PO BOX 12701
BIRMINGHAM,AL35202 		    SUPPORT NEEDS OF ORGANIZATION 42,000

THE PENNY FOUNDATION

PO BOX 13181
BIRMINGHAM,AL35202 		    SUPPORT NEEDS OF ORGANIZATION 11,000

STAIR OF BIRMINGHAM

3703 5TH AVE S STE 400
BIRMINGHAM,AL35222 		    SUPPORT NEEDS OF ORGANIZATION 5,000

DOGWOOD DREAMS DBA GIRL TALK MINISTRIES

PO BOX 530233
BIRMINGHAM,AL35253 		    SUPPORT NEEDS OF ORGANIZATION 5,000

THE SMARTPLAY (FORMERLY AMERICAN BASEBALL FOUNDATION)

3375 CABAHA VALLEY ROAD
INDIAN SPRINGS,AL35124 		    SUPPORT NEEDS OF ORGANIZATION 20,000
Total ................................. 3a 1,245,380
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 ........... 		         
4 Dividends and interest from securities ....     14 966,528  
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 ............ 		    14 1,466,236  
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 2,432,764 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,432,764
(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:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 24,618 0   0

TY 2025 InvestmentsCorpBondsSchedule
Name:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 8,765,471 8,765,471

TY 2025 InvestmentsCorpStockSchedule
Name:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
Name of Stock End of Year Book Value End of Year Fair Market Value
STOCKS 9,999,836 9,999,836

TY 2025 InvestmentsGovtObligationsSch
Name:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
US Government Securities - End of Year Book Value:

3,545,153
US Government Securities - End of Year Fair Market Value:

3,545,153
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:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ETFS & CEFS FMV 2,241,261 2,241,261
ALTERNATIVES FMV 1,394,835 1,394,835

TY 2025 LegalFeesSchedule
Name:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 2,429 0   0


TY 2025 OtherExpensesSchedule
Name:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 106,054 106,054   0
OFFICE EXPENSE 1,806 0   0
WEBSITE 1,164 0   0


TY 2025 OtherIncreasesSchedule
Name:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
Description Amount
CHANGE IN UNREALIZED GAIN(LOSS) ON INVESTMENTS 989,344


TY 2025 OtherLiabilitiesSchedule
Name:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
Description Beginning of Year - Book Value End of Year - Book Value
AMOUNT DUE PAYROLL TAXES 2,438 2,438


TY 2025 OtherProfessionalFeesSchedule
Name:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL SERVICE 1,607 0   0


TY 2025 TaxesSchedule
Name:
ZYNE FAMILY FOUNDATION INC
EIN:
20-8982601
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 5,508 0   0
2024 990-PF TAXES PAID 30,000 0   0