Zoom Foundation

Organization Overview

Zoom Foundation is located in Greenwich, CT. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Zoom Foundation generated $173.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $71.3m during the year ending 06/2020. While expenses have increased by 6.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION INITIATIVE - PROGRAM TO IMPROVE K-12 EDUCATION IN THE STATE OF CONNECTICUT TO ELIMINATE THE OPPORTUNITY GAP; WORKED WITH ORGANIZATIONS TO DEVELOP AND IMPLEMENT PLANS.


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Board, Officers & Key Employees

Name (title)Compensation
Stephen F Mandel Jr
Trustee
$0
Susan Z Mandel
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Social Strategy Associates Llc
$107,599
Zichal Inc
$166,553
The Glover Park Group Llc
$514,996
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $78,000,000
Interest on Savings $1
Dividends & Interest $6,989,561
Profit on Inventory Sales $0
Other Income $40
Total Revenue $173,014,876

Grants Awarded

Over the last fiscal year, Zoom Foundation has awarded $46,177,708 in support to 5 organizations.

Grant RecipientAmount

FIDELITY CHARITABLE GIFT FUND

PURPOSE: CHARITABLETO FUNDPROGRAMS

$46,068,000

FAIRFIELD COUNTY'S COMMUNITY FOUNDATION

PURPOSE: PARENT ORGANIZINGTO SUPPORTPROGRAM

$100,000

FAITHACTS FOR EDUCATION

Org PageRecipient Profile

Bridgeport, CT

PURPOSE: PARENT ORGANIZINGTO SUPPORTPROGRAM

$9,708
View Grant Profile

Peer Organizations

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