Zichron Yitzchok Tzvi Foundation is located in Brooklyn, NY. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Zichron Yitzchok Tzvi Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Zichron Yitzchok Tzvi Foundation generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $16.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Zichron Yitzchok Tzvi Foundation has awarded 119 individual grants totaling $255,611. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Ervin Feldman Trustee  | 10 | $0 | |
Miriam Zylberberg Trustee  | 5 | $0 | |
Adina Freedman Trustee  | 5 | $0 | |
Naomi Fuchs Trustee  | 5 | $0 | |
Shoshana Scheiner Trustee  | 5 | $0 | |
Tamara Klein Trustee  | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $20,000 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $0 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $50 | 
| Total operating and administrative expenses | $625 | 
| Contributions, gifts, grants paid | $16,155 | 
| Total expenses and disbursements | $16,780 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,602 | 
| Savings and temporary cash investments | $0 | 
| Net Accounts receivable | $0 | 
| Net Pledges Receivable | $0 | 
| Grants receivable | $0 | 
| Receivables from Officers, Directors, or Controlling Persons | $0 | 
| Net other notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Investments - land, buildings, equipment | $0 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $0 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $18,602 | 
| Accounts payable and accrued expenses | $0 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Mortgages and other notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $0 | 
Over the last fiscal year, Zichron Yitzchok Tzvi Foundation has awarded $16,155 in support to 11 organizations.
| Grant Recipient | Amount | 
|---|---|
YESHIVA OF PROSPECT PARK PURPOSE: CHARITABLE  | $10,965 | 
YESHIVA CHUG CHASAM SOFER PURPOSE: CHARITABLE  | $720 | 
CONG BETH JACOB BURSHTEIN PURPOSE: CHARITABLE  | $1,000 | 
TOLDOS AVRUM YITZCHOK PURPOSE: CHARITABLE  | $360 | 
MOSDOS SQUARE PURPOSE: CHARITABLE  | $360 | 
SHEVES ACHIM PURPOSE: CHARITABLE  | $360 |