Zane Foundation Inc
- Assets
- $1.7k
- Revenue
- $2.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Branford, CT
- Founding
- 12/1993
- Data as of
- 12/2021
- EIN
- 06-1378537
Organization Overview
Zane Foundation Inc is located in Branford, CT. The organization was established in 1993. 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 the central organization for a national or regional group of organizations. Zane 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 12/2021, Zane Foundation Inc generated $2.8k 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 (15.1%) each year. All expenses for the organization totaled $4.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,843 |
| 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 | $2,843 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $4,500 |
| Total expenses and disbursements | $4,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,672 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,672 |
| 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 | $104,810 |
| Total liabilities | $104,810 |
Grants Awarded
Over the last fiscal year, Zane Foundation Inc has awarded $4,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
NAMI BOLAT PURPOSE: SCHOLARSHIP | $500 |
SAMANTHA ESPOSITO PURPOSE: SCHOLARSHIP | $500 |
KIRA SCHAEFER PURPOSE: SCHOLARSHIP | $500 |
JOSHUA JOSEPHY-ZACK PURPOSE: SCHOLARSHIP | $500 |
DIANA KAROSAS PURPOSE: SCHOLARSHIP | $500 |
DANIEL DECERBO-O'BRIEN PURPOSE: SCHOLARSHIP | $500 |