Herbert Zimmerman Charitable Trust
- Assets
- $111.8k
- Revenue
- $37.6k
- Investments
- $111.4k
- Employees
- 0
- Location
- Maitland, FL
- Founding
- 03/1965
- Data as of
- 10/2023
- EIN
- 13-6168977
Organization Overview
Herbert Zimmerman Charitable Trust is located in Maitland, FL. The organization was established in 1965. 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. Herbert Zimmerman Charitable Trust 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 10/2023, Herbert Zimmerman Charitable Trust generated $37.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $45.1k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Herbert Zimmerman Charitable Trust has awarded 91 individual grants totaling $315,398. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $7,942 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,944 |
| Capital Gain Net Income | $28,386 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,322 |
| Total Revenue | $37,568 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $188 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,913 |
| Total operating and administrative expenses | $5,051 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $45,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $396 |
| 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 | $7,883 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $111,762 |
| 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, Herbert Zimmerman Charitable Trust has awarded $40,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
A LIGHT TO THE NATIONS PURPOSE: DONATION | $20,000 |
BOYS TOWN OF JERUSALEM PURPOSE: DONATION | $10,000 |
CHEERFUL HEART MINISTRIES PURPOSE: DONATION | $500 |
RONALD MCDONALD HOUSE PURPOSE: DONATION | $2,000 |
CORP CHARITY GIVING PURPOSE: DONATION | $2,000 |
NATIONAL MS SOCIETY PURPOSE: DONATION | $500 |