Zisman Family Foundation Inc
- Assets
- $384.9k
- Revenue
- $244.1k
- Investments
- $340.0k
- Employees
- 0
- Location
- Wayne, PA
- Founding
- 09/2000
- Data as of
- 12/2022
- EIN
- 23-3033239
Organization Overview
Zisman Family Foundation Inc is located in Wayne, PA. The organization was established in 2000. 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. Zisman Family Foundation Inc 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, Zisman Family Foundation Inc generated $244.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (29.4%) each year. All expenses for the organization totaled $547.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Zisman Family Foundation Inc has awarded 115 individual grants totaling $1,693,166. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda J Gamble Dir/pres/sec | 1 | $0 | |
Michael D Zisman Dir/vp/treas | 1 | $0 | |
Ruth L Zisman Director | 1 | $0 | |
Steven D Zisman Director | 1 | $0 | |
Adam P Zisman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $190,666 |
| Interest on Savings | $21 |
| Dividends & Interest | $331 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,119 |
| Capital Gain Net Income | $53,119 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $244,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $121 |
| Total operating and administrative expenses | $5,648 |
| Contributions, gifts, grants paid | $541,500 |
| Total expenses and disbursements | $547,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $44,921 |
| 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 | $253,844 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $384,884 |
| 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, Zisman Family Foundation Inc has awarded $541,500 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AKILAIH INSTITUTE PURPOSE: TO FUND OPERATING BUDGET | $2,500 |
BARD PRISON INITIATIVE PURPOSE: TO FUND OPERATING BUDGET | $2,500 |
AMERICAN JUNIOR GOLF ASSOCIATION PURPOSE: TO FUND OPERATING BUDGET | $29,500 |
BRYN MAWR PRESBYTERIAN CHURCH PURPOSE: TO FUND OPERATING BUDGET | $20,000 |
CHILDREN'S HEALTH COUNCIL PURPOSE: TO FUND OPERATING BUDGET | $2,500 |
CECIL COLLEGE PURPOSE: TO FUND OPERATING BUDGET | $1,000 |