Burton A Zipser And Sandra D Zipser Foundation
- Assets
- $5.2m
- Revenue
- $187.2k
- Investments
- $4.7m
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- Data as of
- 12/2022
- EIN
- 84-4192296
Organization Overview
Burton A Zipser And Sandra D Zipser Foundation is located in Farmington Hills, MI. 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. Burton A Zipser And Sandra D Zipser Foundation 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, Burton A Zipser And Sandra D Zipser Foundation generated $187.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (68.5%) each year. All expenses for the organization totaled $794.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Burton A Zipser And Sandra D Zipser Foundation has awarded 96 individual grants totaling $1,800,756. 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 |
|---|---|---|---|
David M Radner See Note Attached Director/chairman/pres./treas./secret. | 5 | $0 | |
Aaron M Radner Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Radner Law Firm Pc | 12/30/21 | $250,974 |
Honigman | 12/30/21 | $59,591 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,291 |
| Interest on Savings | $0 |
| Dividends & Interest | $162,334 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,362 |
| Capital Gain Net Income | $17,362 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $253 |
| Total Revenue | $187,240 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,779 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,672 |
| Total operating and administrative expenses | $348,474 |
| Contributions, gifts, grants paid | $446,000 |
| Total expenses and disbursements | $794,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $510,328 |
| 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 | $130,625 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,165,667 |
| 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, Burton A Zipser And Sandra D Zipser Foundation has awarded $446,000 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS LEAGUE OF MI (THE) PURPOSE: TO SUPPORT RESEARCH, PERFORMANCE, PRESERVATION OF MUSICAL PIECES, PROMOTION AND RELATED ACTIVITIES IN THE AREAS OF AMERICAN MUSIC INCLUDING NEGLECTED WORKS OF THE PAST. | $10,000 |
ARTS LEAGUE OF MI (THE) PURPOSE: TO SUPPORT RESEARCH, PERFORMANCE, PRESERVATION, AND EXPANSION OF AUDIENCE LISTENING EXPERIENCES OF MUSICAL PIECES, PROMOTION AND RELATED ACTIVITIES IN THE AREAS OF SERIOUS AND CONCERTED MUSICAL PERFORMANCE. | $2,500 |
DETROIT OPERA PURPOSE: TO SUPPORT RESEARCH, PERFORMANCE, PRESERVATION OF MUSICAL PIECES, PROMOTION AND RELATED ACTIVITIES IN THE AREAS OF AMERICAN MUSIC INCLUDING NEGLECTED WORKS OF THE PAST. | $6,250 |
DETROIT SYMPHONY ORCHESTRA PURPOSE: TO SUPPORT RESEARCH, PERFORMANCE, PRESERVATION, AND EXPANSION OF AUDIENCE LISTENING EXPERIENCES OF MUSICAL PIECES, PROMOTION AND RELATED ACTIVITIES IN THE AREAS OF SERIOUS AND CONCERTED MUSICAL PERFORMANCE. | $15,000 |
DETROIT OPERA PURPOSE: TO SUPPORT RESEARCH, PERFORMANCE, PRESERVATION, AND EXPANSION OF AUDIENCE LISTENING EXPERIENCES OF MUSICAL PIECES, PROMOTION AND RELATED ACTIVITIES IN THE AREAS OF SERIOUS AND CONCERTED MUSICAL PERFORMANCE. | $6,250 |
DETROIT YOUTH CHOIR PURPOSE: TO SUPPORT RESEARCH, PERFORMANCE, PRESERVATION OF MUSICAL PIECES, PROMOTION AND RELATED ACTIVITIES IN THE AREAS OF AMERICAN MUSIC INCLUDING NEGLECTED WORKS OF THE PAST. | $7,500 |