Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 10-01-2024 , and ending 09-30-2025
Name of foundation
WALTER J & BETTY C ZABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)10731 TREENA STREET SUITE 102
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN DIEGO, CA92131
A Employer identification number

31-1540383
B Telephone number (see instructions)

(858) 564-9500
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$112,760,822J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 42,670 42,670  
4 Dividends and interest from securities... 2,260,319 2,260,319  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,818,587
b Gross sales price for all assets on line 6a 21,146,094
7 Capital gain net income (from Part IV, line 2)... 3,818,587
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,549,236 3,549,236  
12 Total. Add lines 1 through 11........ 9,670,812 9,670,812  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 355,000 88,750   266,250
14 Other employee salaries and wages...... 5,796 1,449   4,347
15 Pension plans, employee benefits....... 15,445 3,861   11,584
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
176,272 0   176,272
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
27,826 6,957   20,870
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
379,887 375,514   4,374
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
117,812 0   312
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 27,651 0   27,651
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
32,132 0   32,132
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,137,821 476,531   543,792
25 Contributions, gifts, grants paid....... 5,735,000 5,735,000
26 Total expenses and disbursements. Add lines 24 and 25 6,872,821 476,531   6,278,792
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,797,991
b Net investment income (if negative, enter -0-) 9,194,281
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 73,142 93,169 93,169
2 Savings and temporary cash investments......... 464,163 1,501,797 1,501,797
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 33,696,009 Click to see attachment
List of Attached Documents:
// Content
32,303,437 		51,161,034
c Investments—corporate bonds (attach schedule)....... 25,303,214 Click to see attachment
List of Attached Documents:
// Content
26,254,569 		25,731,708
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 30,872,894 Click to see attachment
List of Attached Documents:
// Content
33,055,628 		34,271,132
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,982 		Click to see attachment
List of Attached Documents:
// Content
1,982 		Click to see attachment
List of Attached Documents:
// Content
1,982
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 90,411,404 93,210,582 112,760,822
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
272 		Click to see attachment
List of Attached Documents:
// Content
1,459
23 Total liabilities (add lines 17 through 22)......... 272 1,459
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 41,681,917 41,681,917
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 48,729,215 51,527,206
29 Total net assets or fund balances (see instructions)..... 90,411,132 93,209,123
30 Total liabilities and net assets/fund balances (see instructions). 90,411,404 93,210,582
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
90,411,132
2
Enter amount from Part I, line 27a .....................
2
2,797,991
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
93,209,123
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
93,209,123
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(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 21,114,406   17,327,507 3,786,899
b 31,688     31,688
c
d
e
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       3,786,899
b       31,688
c
d
e
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 3,818,587
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 127,801
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........................... 3 127,801
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- ..... 5 127,801
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 129,517
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 45,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 174,517
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 466
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 46,250
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow46,250 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.ZABLEFOUNDATION.ORG
14
The books are in care ofright arrowJOHN THOMAS Telephone no.right arrow (858) 564-9500

Located atright arrow10731 TREENA STREET SUITE 102SAN DIEGOCA ZIP+4right arrow92131
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
WARREN MAGILL PRESIDENT/DIRECTOR
20.00 		275,000 0 0
10731 TREENA STREET SUITE 102
SAN DIEGO,CA92131
KATHRYN M STARR SECRETARY/DIRECTOR
1.15 		40,000 0 0
10731 TREENA STREET SUITE 102
SAN DIEGO,CA92131
JOHN D THOMAS TREASURER/DIRECTOR
1.15 		40,000 0 0
10731 TREENA STREET SUITE 102
SAN DIEGO,CA92131
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
JPMORGAN CHASE BANK NA INVESTMENT SERVICES 374,056
2029 CENTURY PARK EAST 39TH FLOOR
LOS ANGELES,CA90067
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
73,097,821
b
Average of monthly cash balances.......................
1b
1,125,827
c
Fair market value of all other assets (see instructions)................
1c
34,273,112
d
Total (add lines 1a, b, and c).........................
1d
108,496,760
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
108,496,760
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,627,451
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
106,869,309
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
5,343,465
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
5,343,465
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
127,801
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
127,801
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,215,664
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
5,215,664
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
5,215,664
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
6,278,792
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
6,278,792
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 5,215,664
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 4,210,592
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 6,278,792
a Applied to 2023, but not more than line 2a 4,210,592
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 2,068,200
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		3,147,464
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JOHN THOMAS
10731 TREENA STREET SUITE 102
SAN DIEGO,CA92131
(858) 564-9500
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

A REASON TO SURVIVE

200 E 12TH ST
NATIONAL CITY,CA919503314 		  PC GENERAL ASSISTANCE 20,000

ALZHEIMER'S SAN DIEGO

6632 CONVOY COURT
SAN DIEGO,CA92111 		  PC GENERAL ASSISTANCE 25,000

AMERICAN ACADEMY OF PEDIATRICS

PO BOX 20365
CRANSTON,RI029200944 		  PC GENERAL ASSISTANCE 10,000

ANGELS FOSTER FAMILY AGENCY

9295 FARNHAM ST STE 200
SAN DIEGO,CA921231255 		  PC GENERAL ASSISTANCE 25,000

ARMED SERVICES YMCA AT CAMP PENDLETON

PO BOX 555028 BUILDING 16144 A
STREET BUILDING
CAMP PENDLETON,CA92055 		  PC GENERAL ASSISTANCE 250,000

ASELTINE SCHOOL

4027 NORMAL STREET
SAN DIEGO,CA92103 		  PC GENERAL ASSISTANCE 20,000

AUTISM SOCIETY SAN DIEGO

4699 MURPHY CANYON RD
SAN DIEGO,CA92123 		  PC GENERAL ASSISTANCE 20,000

AUTISM TREE PROJECT INC

2845 NIMITZ BLVD SUITE C
SAN DIEGO,CA92106 		  PC GENERAL ASSISTANCE 20,000

BARRIO LOGAN COLLEGE INSTITUTE

2114 NATIONAL AVE
SAN DIEGO,CA92113 		  PC GENERAL ASSISTANCE 20,000

BASIC

PO BOX 1914
BORREGO SPRINGS,CA92004 		  PC GENERAL ASSISTANCE 20,000

BIG BROTHERS BIG SISTERS OF SD COUNTY INC

4305 UNIVERSITY AVE 590
SAN DIEGO,CA92105 		  PC GENERAL ASSISTANCE 50,000

BOYS & GIRLS CLUB OF CARLSBAD

2730 BRESSI RANCH WAY
CARLSBAD,CA92009 		  PC GENERAL ASSISTANCE 20,000

BOYS & GIRLS CLUB OF EAST COUNTY

8820 TAMBERLY WAY
SANTEE,CA92071 		  PC GENERAL ASSISTANCE 20,000

BOYS & GIRLS CLUB OF GREATER SAN DIEGO

4635 CLAIREMONT MESA BOULEVARD
SAN DIEGO,CA92117 		  PC GENERAL ASSISTANCE 25,000

BOYS & GIRLS CLUB OF NORTH COUNTY

445 E IVY STREET
FALLBROOK,CA92028 		  PC GENERAL ASSISTANCE 30,000

BOYS & GIRLS CLUB OF SAN DIEGUITO

1221 ENCINITAS BLVD
ENCINITAS,CA92024 		  PC GENERAL ASSISTANCE 20,000

BOYS & GIRLS CLUB OF VISTA INC

410 WEST CALIFORNIA AVENUE
VISTA,CA92083 		  PC GENERAL ASSISTANCE 30,000

CAMP STEVENS CAMP & RETREAT CENTER

1108 BANNER RD
JULIAN,CA92036 		  PC GENERAL ASSISTANCE 15,000

CASA DE AMISTAD

120 STEVENS AVE
SOLANA BEACH,CA92075 		  PC GENERAL ASSISTANCE 20,000

CASA DE AMPARO

325 BUENA CREEK ROAD
SAN MARCOS,CA92069 		  PC GENERAL ASSISTANCE 100,000

CENTER FOR COMMUNITY SOLUTIONS

4508 MISSION BAY DR
SAN DIEGO,CA92109 		  PC GENERAL ASSISTANCE 100,000

COMMUNITY RESOURCE CENTER

650 2ND ST
ENCINITAS,CA920243560 		  PC GENERAL ASSISTANCE 30,000

COMPUTERS 2 SD KIDS

8324 MIRAMAR MALL
SAN DIEGO,CA921212520 		  PC GENERAL ASSISTANCE 20,000

CRISIS HOUSE

1034 N MAGNOLIA
EL CAJON,CA92020 		  PC GENERAL ASSISTANCE 50,000

CUREBOUND PADRES PEDAL THE CAUSE

9605 SCRANTON RD STE 120
SAN DIEGO,CA92121 		  PC GENERAL ASSISTANCE 10,000

DON DIEGO SCHOLARSHIP FOUNDATION

2260 JIMMY DURANTE BLVD
DEL MAR,CA92014 		  PC GENERAL ASSISTANCE 15,000

EAST COUNTY YOUTH SYMPHONY

401 W LEXINGTON AVE UNIT 25 EL
CAJON,CA920225201 		  PC GENERAL ASSISTANCE 10,000

ELDER LAW & ADVOCACY

5151 MURPHY CANYON RD STE 110
SAN DIEGO,CA921234339 		  PC GENERAL ASSISTANCE 20,000

ELDERHELP

3860 CALLE FORTUNADA 101
SAN DIEGO,CA92123 		  PC GENERAL ASSISTANCE 30,000

EMILIO NARES FOUNDATION

2650 TRUXTUN ROAD SUITE 202
SAN DIEGO,CA92106 		  PC GENERAL ASSISTANCE 20,000

EPISCOPAL COMMUNITY SERVICES

401 MILE OF CARS WAY NO 350
NATIONAL CITY,CA91950 		  PC GENERAL ASSISTANCE 25,000

FALLBROOK FOOD PANTRY

140 N BRANDON ROAD
FALLBROOK,CA92028 		  PC GENERAL ASSISTANCE 15,000

FEEDING AMERICA SAN DIEGO

9455 WAPLES STREET SUITE 135
SAN DIEGO,CA92121 		  PC GENERAL ASSISTANCE 50,000

FERN STREET COMMUNITY ARTS INC

4265 FAIRMOUNT AVENUE SUITE 120-B
SAN DIEGO,CA92105 		  PC GENERAL ASSISTANCE 30,000

FLEET SCIENCE CENTER

1875 EL PRADO
SAN DIEGO,CA92101 		  PC GENERAL ASSISTANCE 20,000

FOUNDATION FOR WOMEN WARRIORS

1185 PARK CENTER DR STE R
VISTA,CA92081 		  PC GENERAL ASSISTANCE 10,000

FREE TO THRIVE

1050 UNIVERSITY AVE STE E107 84
SAN DIEGO,CA921033359 		  PC GENERAL ASSISTANCE 150,000

FRESH START SURGICAL GIFTS

2011 PALOMAR AIRPORT RD STE 206
CARLSBAD,CA920111432 		  PC GENERAL ASSISTANCE 20,000

GIRLS RISING

PO BOX 161218
SAN DIEGO,CA92176 		  PC GENERAL ASSISTANCE 20,000

GREATER SAN DIEGO SCIENCE & ENGINEERING FAIR INC

PO BOX 15547
SAN DIEGO,CA92175 		  PC GENERAL ASSISTANCE 10,000

HOME START INC

5005 TEXAS STREET NO 203
SAN DIEGO,CA92108 		  PC GENERAL ASSISTANCE 25,000

JUNIOR ACHIEVEMENT OF SAN DIEGO COUNTY

4756 MISSION GORGE PLACE
SAN DIEGO,CA92120 		  PC GENERAL ASSISTANCE 50,000

JUST IN TIME FOR FOSTER YOUTH

4560 ALVARADO CANYON ROAD SUITE 2G
SAN DIEGO,CA92120 		  PC GENERAL ASSISTANCE 50,000

LIVING COAST DISCOVERY CENTER

1000 GUNPOWDER POINT DR
CHULA VISTA,CA91910 		  PC GENERAL ASSISTANCE 30,000

MAKE-A-WISH FOUNDATION OF SD

4995 MURPHY CANYON ROAD STE 402
SAN DIEGO,CA921234364 		  PC GENERAL ASSISTANCE 75,000

MAMA'S KITCHEN

3960 HOME AVENUE
SAN DIEGO,CA92105 		  PC GENERAL ASSISTANCE IN PROVIDING NUTRITIONAL FOOD TO PEOPLE WITH CANCER 25,000

MEALS ON WHEELS

2254 SAN DIEGO AVE SUITE 200
SAN DIEGO,CA92110 		  PC GENERAL ASSISTANCE 30,000

NATIONAL FOOTBALL FOUNDATION AND COLLEGE HALL OF FAME INC

433 LAS COLINAS BLVD EAST SUITE
1130
IRVING,TX75039 		  PC GENERAL ASSISTANCE 60,000

NOAH HOMES INC

12526 CAMPO RD
SPRING VALLEY,CA91978 		  PC GENERAL ASSISTANCE 30,000

ONCOLOGY AND KIDS INC

8898 NAVAJO ROAD SUITE C337
SAN DIEGO,CA92119 		  PC GENERAL ASSISTANCE 20,000

OUTDOOR OUTREACH

5275 MARKET STREET SUITE 21
SAN DIEGO,CA92114 		  PC GENERAL ASSISTANCE 150,000

POWAY CENTER FOR THE PERFORMING ARTS FOUNDATION

15498 ESPOLA RD
POWAY,CA92064 		  PC GENERAL ASSISTANCE 10,000

PRO KIDS GOLF ACADEMY INC

4085 52ND STREET
SAN DIEGO,CA92105 		  PC GENERAL ASSISTANCE 50,000

RANCHO COASTAL HUMANE SOCIETY

389 REQUEZA STREET
ENCINITAS,CA92024 		  PC GENERAL ASSISTANCE 15,000

REALITY CHANGERS

4251 37TH ST
SAN DIEGO,CA921051077 		  PC GENERAL ASSISTANCE 25,000

REMEDY REINS THERAPEUTIC HORSEMANSHIP PROGRAM

700 BISHOP LN
FARMINGTON,NM874018086 		  PC GENERAL ASSISTANCE 10,000

RONALD MCDONALD HOUSE CHARITIES OF SD

2929 CHILDRENS WAY
SAN DIEGO,CA92123 		  PC GENERAL ASSISTANCE 125,000

SAN DIEGO AIR & SPACE MUSEUM

2001 PAN AMERICAN PLZ
SAN DIEGO,CA921011636 		  PC GENERAL ASSISTANCE 20,000

SAN DIEGO BOTANICAL GARDEN

230 QUAIL GARDENS DRIVE
ENCINITAS,CA92024 		  PC GENERAL ASSISTANCE 25,000

SAN DIEGO CHILDREN'S CHOIR

1620 FIFTH AVENUE SUITE 300
SAN DIEGO,CA92101 		  PC GENERAL ASSISTANCE 15,000

SAN DIEGO CHILDREN'S DISCOVERY MUSEUM

320 N BROADWAY
ESCONDIDO,CA92025 		  PC GENERAL ASSISTANCE 25,000

SAN DIEGO PARKS FOUNDATION

PO BOX 1576
LA JOLLA,CA92038 		  PC GENERAL ASSISTANCE 50,000

SAN DIEGO RESCUE MISSION

PO BOX 80427
SAN DIEGO,CA92138 		  PC GENERAL ASSISTANCE 25,000

SAN DIEGO YOUTH SYMPHONY

1650 EL PRADO STE 207A
SAN DIEGO,CA921011684 		  PC GENERAL ASSISTANCE 25,000

SPECIAL OPERATIONS WARRIOR FOUNDATION

1137 MARBELLA PLAZA DR
TAMPA,FL336197905 		  PC GENERAL ASSISTANCE 20,000

SPROCKIDS SAN DIEGO

12527 CABEZON PL
SAN DIEGO,CA921293011 		  PC GENERAL ASSISTANCE 10,000

ST MADELEINE SOPHIES TRAINING CENTER

2119 EAST MADISON AVE
EL CAJON,CA92019 		  PC GENERAL ASSISTANCE 30,000

SUPPORT THE ENLISTED PROJECT (STEP)

9951 BUSINESSPARK AVENUE SUITE A
SAN DIEGO,CA92131 		  PC GENERAL ASSISTANCE 3,100,000

TECOLOTE YOUTH BASEBALL

3077-B CLAIREMONT DR STE 240
SAN DIEGO,CA921170000 		  PC GENERAL ASSISTANCE 45,000

THE BROTHER BENNO FOUNDATION INC

PO BOX 308
OCEANSIDE,CA92049 		  PC GENERAL ASSISTANCE 25,000

THE ELEMENTARY INSTITUTE OF SCIENCE

608 51ST ST
SAN DIEGO,CA92114 		  PC GENERAL ASSISTANCE 25,000

THE SAN DIEGO RIVER PARK FOUNDATION

4891 PACIFIC HIGHWAYSUITE 114
SAN DIEGO,CA92110 		  PC GENERAL ASSISTANCE 20,000

TRANSCENDANCE YOUTH ARTS PROJECT

200 EAST 12TH ST
NATIONAL CITY,CA91950 		  PC GENERAL ASSISTANCE 25,000

UNITED THROUGH READING

1455 FRAZEE RD SUITE 500
SAN DIEGO,CA92108 		  PC GENERAL ASSISTANCE 20,000

WESLEY HOUSE STUDENT RESIDENCE INC

5710 HARDY AVENUE
SAN DIEGO,CA921151363 		  PC GENERAL ASSISTANCE 15,000

WORDS ALIVE

5111 SANTA FE ST 219
SAN DIEGO,CA92109 		  PC GENERAL ASSISTANCE 20,000
Total .................................right arrow 3a 5,735,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 42,670  
4 Dividends and interest from securities ....     14 2,260,319  
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 .....     14 3,549,236  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,818,587  
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 9,670,812 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
9,670,812
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 27,826 6,957   20,870

TY 2024 GeneralExplanationAttachment
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Identifier Return Reference Explanation
PERCENTAGE INTEREST IN PARTNERSHIP AFTER TRANSFER FORM 8865 THE OWNERSHIP PERCENTAGE IN CERTAIN PARTNERSHIPS AFTER TRANSFER IS NOT AVAILABLE AT THE TIME OF FILING. IT IS ASSUMED THAT THE OWNERSHIP PERCENTAGE IN THESE PARTNERSHIPS IS LESS THAN 10%.

TY 2024 InvestmentsCorpBondsSchedule
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Name of Bond End of Year Book Value End of Year Fair Market Value
DODGE & COX INCOME-I 5,014,858 5,074,525
ISHARES 7-10 YEAR TREASURY B 3,115,546 3,082,765
PIMCO TOTAL RETURN FUND-INST 2,842,437 2,598,262
VANGUARD TTL BD MKT IDX-ADM 15,281,728 14,976,156

TY 2024 InvestmentsCorpStockSchedule
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Name of Stock End of Year Book Value End of Year Fair Market Value
ARTISAN INTL VAL-INST 1,180,313 1,437,650
COMM SERV SELECT SECTOR SPDR 450,145 546,751
CONSUMER DISCRETIONARY SELT 474,245 547,098
CONSUMER STAPLES SPDR 194,714 188,637
ENERGY SELECT SECTOR SPDR 197,181 198,871
FIDELITY 500 INDEX FUND 10,576,073 22,155,585
FIDELITY INTL INDX-INST PRM 2,961,473 4,357,339
FINANCIAL SELECT SECTOR SPDR 1,187,691 1,410,155
HEALTH CARE SELECT SECTOR 530,469 704,757
INDUSTRIAL SELECT SECT SPDR 640,454 698,353
INVESCO QQQ TRUST SERIES 1 697,304 2,211,763
ISHARES PACIFIC EX JAPA 660,552 760,098
ISHARES CORE MSCI EMERGING 4,181,693 5,399,309
ISHARES MSCI CANADA ETF 401,549 613,930
ISHARES MSCI JAPAN ETF 1,305,909 1,954,718
TECHNOLOGY SELECT SECT SPDR 1,805,050 2,234,586
UTILITIES SELECT SECTOR SPDR 678,291 727,680
VANGUARD FTSE EUROPE ETF 4,180,331 5,013,754

TY 2024 InvestmentsOtherSchedule2
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ABRAAJ LATIN AMERICA FUND II PRIVATE INVESTORSOFFSHORE, L.P. AT COST 304,361 217,525
AESSF III PRIVATE INVESTORS OFFSHORE, L.P. AT COST 682,037 321,725
AP IX (APAX) PRIVATE INVESTORS OFFSHORE LP AT COST 1,022,275 746,348
APOLLO EPF III PRIVATE INVESTORS, L.P. (OFFSHORE) AT COST 345,136 326,777
ASF IX PRIVATE INVESTORS OFFSHORE SICAV-RAIF S.C.SP. -CLASS A - SECOND CLOSE AT COST 607,384 966,684
ASF IX INFRASTRUCTURE PRIVATE INVESTORS OFFSHORE SICAV-RAIF S.C.SP. - CLASS AT COST 0 14,820
BREP ASIA PRIVATE INVESTORS OFFSHORE , L.P. AT COST 437,165 253,231
BREP VIII PRIVATE INVESTORS OFFSHORE , L.P. AT COST 553,505 570,028
BREP X PRIVATE INVESTORS OFFSHORE, SICAV-RAIF S.C.SP. -CLASS A AT COST 885,808 1,096,680
BSREP III (BROOKFIELD) PRIVATE INVESTORS OFFSHORE, L.P. AT COST 845,198 1,108,208
CAP IV PRIVATE INVESTORS OFFSHORE, L.P. - CLASS A AT COST 948,101 69,940
CD&R FUND IX PRIVATE INVESTORS OFFSHORE, L.P. - CLASSA AT COST 1,389,723 524,257
CD&R FUND XII PRIVATE INVESTORS CAYMAN, L.P. - CLASS A AT COST 754,536 1,360,350
CERBERUS VI PRIVATE INVESTORS OFFSHORE, L.P. AT COST 750,556 738,851
COATUE GROWTH FUND V-B PRIVATE INVESTORSOFFSHORE, L.P. CLASS A - SECOND CLOS AT COST 645,064 950,709
COATUE GROWTH V PRIVATE INVESTORS OFFSHORE, L.P. -CLASS A AT COST 1,358,523 1,284,950
COATUE PRIVATE OFFSHORE FEEDER FUND II LP - CASHCOMMITMENT AT COST 294,952 284,300
CRESTVIEW III PRIVATE INVESTORS OFFSHORE, L.P. AT COST 631,267 556,529
DFJ GROWTH 2016 PRIVATE INVESTORS OFFSHORE, L.P. AT COST 749,302 1,864,754
GCOF IV PRIVATE INVESTORS OFFSHORE, L.P. - CLASS A AT COST 244,626 260,755
HPS CORPORATE LENDING FUND (HLEND) CLASS F SHARES- DISTRIBUTING AT COST 2,500,000 2,573,529
HPS MEZZANINE PRIVATE INVESTORS III LP OFFSHORE AT COST 1,064,848 575,217
HPS SIP V PRIVATE INVESTORS OFFSHORE I SICAV-RAIFS.C.SP. - CLASS A AT COST 1,654,033 2,013,705
JPM US REAL ESTATE INCOME AND GROWTH AT COST 599,990 496,566
KKR AMERICAS XII PRIVATE INVESTORS OFFSHORE, L.P. AT COST 680,417 1,269,681
KONA III PRIVATE INVESTORS OFFSHORE, L.P. (COATUE) AT COST 1,523,135 1,767,839
LC ASIA 3 PRIVATE INVESTORS OFFSHORE L.P. CLASS A AT COST 791,468 687,501
NEW MOUNTAIN PARTNERS VII PRIVATE INVESTORS OFFSHORE AT COST 563,890 737,232
PEG DIGITAL GROWTH FUND OFFSHORE SPECIAL II LP AT COST 45,995 55,441
PEG SECONDARY PRIVATE EQUITY INVESTORS III OFFSHORESPECIAL L.P. AT COST 141,968 184,492
PROVIDENCE DEBT III PRIVATE INVESTORS OFFSHORE, L.P. AT COST 299,153 86,497
PROVIDENCE VIII PRIVATE INVESTORS OFFSHORE, L.P. CLASSA AT COST 1,122,505 1,869,877
RS GLOBAL ENERGY AND POWER PRIVATE INVESTORSOFFSHORE VI, L.P. AT COST 331,008 241,685
STARWOOD SOF X PRIVATE INVESTORS OFFSHORE, L.P. AT COST 436,195 91,618
STARWOOD SOF XI PRIVATE INVESTORS OFFSHORE 2, L.P. AT COST 387,725 466,185
SVSS IV PRIVATE INVESTORS OFFSHORE, L.P. AT COST 395,719 738,575
VP DISLOCATION FUND II PRIVATE INVESTORS OFFSHOREL.P. - CLASS A - FOURTH CLO AT COST 1,806,415 1,812,267
WARBURG PINCUS ENERGY PRIVATE INVESTORS OFFSHORE2, L.P. AT COST 196,794 254,863
WARBURG PINCUS XII PRIVATE INVESTORS OFFSHORE, L.P. AT COST 986,243 803,021
COHEN & STEERS RL EST-F AT COST 905,139 791,391
ABRDN PHYSICAL GOLD SHARES AT COST 556,475 719,047
CREDIT SUISSE COMM RET ST- I AT COST 1,154,828 1,166,558
PIMCO COMMODITYPL STRAT-INS AT COST 1,462,166 1,350,924

TY 2024 LegalFeesSchedule
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 176,272 0   176,272


TY 2024 OtherAssetsSchedule
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RENT DEPOSIT 1,982 1,982 1,982


TY 2024 OtherExpensesSchedule
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMPUTER EXPENSE 2,273 0   2,273
COPIER LEASE 4,157 0   4,157
DUES & SUBSCRIPTIONS 298 0   298
INSURANCE 4,805 0   4,805
INTERNET 1,935 0   1,935
ONLINE GRANT MANAGEMENT FEES 13,606 0   13,606
POSTAGE 1,119 0   1,119
TELEPHONE 1,380 0   1,380
WEBSITE EXPENSES 520 0   520
MEALS 13 0   13
OFFICE SUPPLIES 1,396 0   1,396
CREDIT CARD FEES 95 0   95
AUTO EXPENSE 535 0   535


TY 2024 OtherIncomeSchedule2
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP DISTRIBUTIONS 3,549,236 3,549,236 3,549,236


TY 2024 OtherLiabilitiesSchedule
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Description Beginning of Year - Book Value End of Year - Book Value
CREDIT CARD 272 1,459


TY 2024 OtherProfessionalFeesSchedule
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL PROCESSING FEES 1,733 433   1,300
PAYCHEX 401K ADMINISTRATION 4,098 1,025   3,074
INVESTMENT MANAGEMENT FEES 374,056 374,056   0


TY 2024 TaxesSchedule
Name:
WALTER J & BETTY C ZABLE FOUNDATION
EIN:
31-1540383
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 117,500 0   0
PROPERTY TAXES 112 0   112
STATE TAXES 200 0   200