Michael J Zamkow & Sue E Berman Foundation
- Assets
- $418.2k
- Revenue
- $85.2k
- Investments
- $57.6k
- Employees
- 0
- Location
- Austin, TX
- Founding
- 10/1996
- Data as of
- 02/2024
- EIN
- 13-3867834
Organization Overview
Michael J Zamkow & Sue E Berman Foundation is located in Austin, TX. The organization was established in 1996. 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. Michael J Zamkow & Sue E Berman 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 02/2024, Michael J Zamkow & Sue E Berman Foundation generated $85.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $103.5k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Michael J Zamkow & Sue E Berman Foundation has awarded 111 individual grants totaling $2,136,004. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLEACTIVITES. ITS PRIMARY PURPOSE IS TO SUPPORT, BYCONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER IRC 501(C)3.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Zamkow Trustee | 1 | $0 | |
Sue E Berman Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,580 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,889 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,752 |
| Capital Gain Net Income | $5,752 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,221 |
| 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 | $250 |
| Total operating and administrative expenses | $10,580 |
| Contributions, gifts, grants paid | $92,875 |
| Total expenses and disbursements | $103,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $360,583 |
| 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 | $418,209 |
| 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 |
Grants Awarded
Over the last fiscal year, Michael J Zamkow & Sue E Berman Foundation has awarded $92,875 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS BLANTON MUSEUM OF ART PURPOSE: TO CONNECT DIVERSE AUDIENCES WITH ART AND BRINGING JOY, INSPIRATION, AND LEARNING TO THEIR LIVES. | $1,275 |
SHALOM AUSTIN PURPOSE: TO ENHANCE THE QUALITY OF JEWISH LIFE IN THE GREATERR AUSTIN AREA AND AROUND THE WORLD THROUGH PHILANTHROPY, EDUCATION, SOCIAL SERVICE, CULTURE, SPIRITUALITY AND TOTAL WELLNESS | $51,000 |
FACING HISTORY AND OURSELVES PURPOSE: TO USE LESSONS OF HISTORY TO CHALLENGE TEACHERS AND THEIR STUDENTS TO STAND UP TO BIGOTRY AND HATE | $10,000 |
JEWISH NATIONAL FUND PURPOSE: TO BRING AN ENHANCED QUALITY OF LIFE TO ALL OF ISRAEL'S RESIDENTS AND TRANSLATE THESE ADVANCEMENTS TO THE WORLD BEYOND | $6,000 |
PLANNED PARENTHOOD PURPOSE: TO PROVIDE THE HIGH-QUALITY INCLUSIVE AND COMPREHENSIVE SEXUAL AND REPRODUCTIVE HEALTH CARE SERVICES ALL PEOPLE NEED AND DESERVE WITH RESPECT AND COMPASSION | $5,100 |
CENTRAL TEXAS FOOD BANK PURPOSE: TO NOURISH HUNGRY PEOPLE AND LEAD THE COMMUNITY IN THE FIGHT AGAINST HUNGER. | $1,000 |