Kenneth & Agnes Zitter Family Foundation
- Assets
- $707.4k
- Revenue
- $28.9k
- Investments
- $602.3k
- Employees
- 0
- Location
- Lawrence, NY
- Founding
- 07/1999
- Data as of
- 12/2022
- EIN
- 11-3465807
Organization Overview
Kenneth & Agnes Zitter Family Foundation is located in Lawrence, NY. The organization was established in 1999. 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. Kenneth & Agnes Zitter Family 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, Kenneth & Agnes Zitter Family Foundation generated $28.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $120.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Kenneth & Agnes Zitter Family Foundation has awarded 37 individual grants totaling $737,730. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Zitter Trustee | 1 | $0 | |
Agnes Zitter Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,949 |
| 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 | $28,949 |
| 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 | $270 |
| Total operating and administrative expenses | $270 |
| Contributions, gifts, grants paid | $120,300 |
| Total expenses and disbursements | $120,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,151 |
| 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 | $707,417 |
| 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, Kenneth & Agnes Zitter Family Foundation has awarded $120,300 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
KEREN OR PURPOSE: CHARITABLE | $2,000 |
RABBI ISAAC ELCHANAN THEO PURPOSE: EDUCATION | $50,000 |
DAVIS MEMORIAL FUND PURPOSE: CHARITABLE | $60,000 |
HEBREW ACADEMY OF LONG BEACH PURPOSE: EDUCATION | $5,000 |
SHALOM TASK FORCE PURPOSE: CHARITABLE | $1,800 |
MISCELLANEOUS PURPOSE: CHARITABLE | $500 |