You were right. 

Client is gifted non voting shares each year. She is getting me in touch with accountant who prepares the K1.

in short - this means she DOES have amounts at risk (her non voting shares) correct?

So the box in column F will not be checked. However we need to track her amounts at risk and her basis (which the accountant should have).

Am I missing anything? Thank you so much for your responses! This forum is so helpful.