Zemurray Foundation
- Assets
- $105.0m
- Revenue
- -$478.4k
- Investments
- $103.4m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 07/1952
- Data as of
- 12/2023
- EIN
- 72-0539603
Organization Overview
Zemurray Foundation is located in New Orleans, LA. The organization was established in 1952. 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. Zemurray Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Zemurray Foundation has awarded 164 individual grants totaling $50,389,009. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Haydee T Stone Director | 5 | $0 | |
Stephanie Stone Feoli Secretary Director | 20 | $0 | |
Alison Stone Co-Chair Director | 20 | $0 | |
Kimberley M Quintana Treas Asst Secretary | 40 | $211,000 | |
Ludovico Feoli Co-Chairdirector | 20 | $0 | |
Tatiana C Jurzak Assistant Director | 40 | $108,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
St Denis Villere Co | 12/30/23 | $410,053 |
Goldman Sachs | 12/30/23 | $296,825 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17,233 |
| Dividends & Interest | $2,195,898 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,691,486 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$478,355 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $211,000 |
| Other employee salaries and wages | $108,000 |
| Pension plans, employee benefits | $47,836 |
| Interest | $0 |
| Taxes | $55,837 |
| Depreciation | $7,281 |
| Occupancy | $24,000 |
| Travel, conferences, and meetings | $2,207 |
| Printing and publications | $0 |
| Other expenses | $35,924 |
| Total operating and administrative expenses | $1,198,963 |
| Contributions, gifts, grants paid | $6,552,671 |
| Total expenses and disbursements | $7,751,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,382,422 |
| 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 | $75,795 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $26,881 |
| Other assets | $153,446 |
| Total assets | $104,988,637 |
| Accounts payable and accrued expenses | $90,447 |
| 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 | $90,447 |
Grants Awarded
Over the last fiscal year, Zemurray Foundation has awarded $16,287,671 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
ANTI-DEFAMATION LEAGUE SOUTH CENTRA PURPOSE: CIVIL SOCIETY | $25,000 |
AUDUBON NATURE INSTITUTE PURPOSE: CONSERVATION | $500,000 |
THE BRIGHT SCHOOL PURPOSE: EDUCATION | $15,000 |
BUREAU OF GOVERNMENTAL RESEARCH PURPOSE: CIVIL SOCIETY | $3,000 |
GREATER NEW ORLEANS FOUNDATION PURPOSE: PHILANTHROPY | $25,500 |
IDEA VILLAGE PURPOSE: SOCIAL ENTREPRENEURSHIP | $50,000 |