The Abe Zale Foundation
- Assets
- $3.4m
- Revenue
- $200.0k
- Investments
- $3.1m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- Data as of
- 12/2016
- EIN
- 75-2580972
Organization Overview
The Abe Zale Foundation is located in Dallas, TX.
For the year ending 12/2016, Abe Zale Foundation generated $200.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $209.3k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Zale Board Chairm | 0.5 | $0 | |
George Tobolowsky President | 0.5 | $0 | |
Leonard Krasnow Sec/exec Dir | 2 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $54,529 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $145,485 |
| Capital Gain Net Income | $145,485 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $200,014 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,035 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $500 |
| Printing and publications | $0 |
| Other expenses | $40,477 |
| Total operating and administrative expenses | $66,382 |
| Contributions, gifts, grants paid | $142,905 |
| Total expenses and disbursements | $209,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,973 |
| Savings and temporary cash investments | $312,457 |
| 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 | $29,878 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,637 |
| Total assets | $3,437,595 |
| Accounts payable and accrued expenses | $793 |
| Grants payable | $25,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $64,041 |
| Total liabilities | $89,834 |
Grants Awarded
Over the last fiscal year, The Abe Zale Foundation has awarded $195,405 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
BUSINESS EXECUTIVES FOR NATIONAL PURPOSE: GENERAL SUPPORT | $3,500 |
COMMUNITIES FOUNDATION OF TEXAS PURPOSE: FOUNDATION DONOR ADVISED FUND | $25,000 |
JEWISH FEDERATION S PALM BEACH PURPOSE: GENERAL SUPPORT | $1,000 |
DALLAS HOLOCAUST MUSEUM PURPOSE: 2016 HOPE FOR HUMANITY DINNER | $5,500 |
JEWISH COMMUNITY CENTER - DALLAS PURPOSE: ERWIN WALDMAN MEM. GOLF TRNT SPT | $500 |
MT SINAI MEDICAL CENTER PURPOSE: GENERAL SUPPORT | $5,000 |