Zients Fam Foundation Tr 02032003
- Assets
- $1.7m
- Revenue
- $1.2m
- Investments
- $784.0k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/2003
- Data as of
- 12/2021
- EIN
- 54-6520936
Organization Overview
Zients Fam Foundation Tr 02032003 is located in Washington, DC. 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. Zients Fam Foundation Tr 02032003 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 12/2021, Zients Fam Foundation Tr 02032003 generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $580.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Zients Fam Foundation Tr 02032003 has awarded 106 individual grants totaling $1,614,936. 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 |
|---|---|---|---|
Mary Zients Trustee | 5 | $0 | |
Steven Farina Trustee | 1 | $0 | |
Jennifer Nance Trustee | 8 | $35,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $618,895 |
| Interest on Savings | $13,674 |
| Dividends & Interest | $324 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $444,747 |
| Capital Gain Net Income | $444,747 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $83,365 |
| Total Revenue | $1,161,005 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,000 |
| 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 | $1,482 |
| Total operating and administrative expenses | $39,432 |
| Contributions, gifts, grants paid | $541,333 |
| Total expenses and disbursements | $580,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $892,327 |
| 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 | $784,010 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,676,337 |
| 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 | $809,531 |
| Total liabilities | $809,531 |
Grants Awarded
Over the last fiscal year, Zients Fam Foundation Tr 02032003 has awarded $541,333 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
BISHOP WALKER SCHOOL PURPOSE: GENERAL SUPPORT | $5,000 |
N STREET VILLAGE PURPOSE: GENERAL SUPPORT | $5,000 |
LEARN SERVE INTERNATIONAL PURPOSE: GENERAL SUPPORT | $10,000 |
CITY DANCE PURPOSE: GENERAL SUPPORT | $5,000 |
CITY YEAR SOUTH AFRICA PURPOSE: GENERAL SUPPORT | $25,000 |
URBAN ALLIANCE PURPOSE: GENERAL SUPPORT | $30,000 |