Lotsch-Zelman Foundation Inc
- Assets
- $247.8k
- Revenue
- $11.6k
- Investments
- $237.0k
- Employees
- 0
- Location
- Bryn Mawr, PA
- Founding
- 02/1960
- Data as of
- 06/2022
- EIN
- 13-6104669
Organization Overview
Lotsch-Zelman Foundation Inc is located in Bryn Mawr, PA. The organization was established in 1960. 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. Lotsch-Zelman 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 06/2022, Lotsch-Zelman Foundation Inc generated $11.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $18.7k during the year ending 06/2022. While expenses have increased by 9.0% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Doris Lotsch Levin Pres, Secy, | 3 | $150 | |
Andrew Zelman Vice Pres | 0 | $150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,665 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,967 |
| Capital Gain Net Income | $3,967 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,632 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $300 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $472 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $598 |
| Total operating and administrative expenses | $3,620 |
| Contributions, gifts, grants paid | $15,115 |
| Total expenses and disbursements | $18,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,881 |
| 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 | $247,847 |
| 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, Lotsch-Zelman Foundation Inc has awarded $15,115 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
BONNEY MEMORIAL LIBRARY PURPOSE: CHARITABLE | $500 |
BRYN MAWR FILM INSTITUTE PURPOSE: CHARITABLE | $300 |
BRYN MAWR FIRE COMPANY PURPOSE: CHARITABLE | $500 |
CORNELL CLASS OF 1970 PURPOSE: CHARITABLE | $25 |
CHABAD OF DELAWARE COUNTY PURPOSE: CHARITABLE | $25 |
DREXEL UNIVERSITY PURPOSE: CHARITABLE | $1,000 |