Zalik Family Foundation Inc is located in Atlanta, GA. The organization was established in 2018. 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. Zalik 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 12/2023, Zalik Family Foundation Inc generated $14.4m in total revenue. All expenses for the organization totaled $745.6k during the year ending 12/2023. While expenses have increased by 16.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Zalik President | 10 | $0 | |
David Zalik Secretary/treasurer | 3 | $0 | |
Amanda Abrams Executive Director | 40 | $255,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,410,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,410,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $290,960 |
| Other employee salaries and wages | $164,957 |
| Pension plans, employee benefits | $51,836 |
| Interest | $0 |
| Taxes | $26,486 |
| Depreciation | $19,672 |
| Occupancy | $58,770 |
| Travel, conferences, and meetings | $28,135 |
| Printing and publications | $1,421 |
| Other expenses | $53,735 |
| Total operating and administrative expenses | $732,644 |
| Contributions, gifts, grants paid | $12,988 |
| Total expenses and disbursements | $745,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,976,510 |
| 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 | $40,966 |
| Other assets | $0 |
| Total assets | $14,017,476 |
| Accounts payable and accrued expenses | $1,491 |
| 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 | $1,491 |
Over the last fiscal year, Zalik Family Foundation Inc has awarded $12,988 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
BNAI TORAH PURPOSE: GENERAL OPERATIONAL SUPPORT | $140 |
CHRIST CHURCH EPISCOPAL SCHOOL PURPOSE: GENERAL OPERATIONAL SUPPORT | $250 |
WIKIMEDIA FOUNDATION INC PURPOSE: GENERAL OPERATIONAL SUPPORT | $250 |
HILLELS OF GEORGIA PURPOSE: GENERAL OPERATIONAL SUPPORT | $360 |
ST MARTIN'S EPISCOPAL SCHOOL PURPOSE: GENERAL OPERATIONAL SUPPORT | $500 |
CAMP TOCCOA AT CURRAHEE PURPOSE: GENERAL OPERATIONAL SUPPORT | $500 |