Maxine And Jack Zarrow Family Foundation
- Assets
- $38.2m
- Revenue
- $10.9m
- Investments
- $36.0m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 31-6640903
Organization Overview
Maxine And Jack Zarrow Family Foundation is located in Tulsa, OK. The organization was established in 2000. 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. Maxine And Jack Zarrow 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 12/2021, Maxine And Jack Zarrow Family Foundation generated $10.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $5.4m during the year ending 12/2021. While expenses have increased by 10.4% per year over the past 4 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.
Since 2020, Maxine And Jack Zarrow Family Foundation has awarded 865 individual grants totaling $42,616,796. 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 |
|---|---|---|---|
Eric Richards Vp/secretary | 0 | $0 | |
Gail Richards President | 0 | $0 | |
Hilary Zarrow Vp/treasurer/asst Secretar | 0 | $0 | |
Maxine Zarrow Vice President | 0 | $0 | |
Steve Cochran Assistant Treasurer | 0 | $0 | |
Rachel Zarrow Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,435,255 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,092,784 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,332,173 |
| Capital Gain Net Income | $2,332,173 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,860,212 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,316 |
| Depreciation | $717 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $343,174 |
| Total operating and administrative expenses | $390,214 |
| Contributions, gifts, grants paid | $5,028,115 |
| Total expenses and disbursements | $5,418,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,731 |
| Savings and temporary cash investments | $2,056,958 |
| 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 | $1,075 |
| Other assets | $0 |
| Total assets | $38,153,554 |
| Accounts payable and accrued expenses | $32,382 |
| 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 | $32,382 |
Grants Awarded
Over the last fiscal year, Maxine And Jack Zarrow Family Foundation has awarded $11,983,115 in support to 205 organizations.
| Grant Recipient | Amount |
|---|---|
Tulsa, OK PURPOSE: ENDOWMENT CAMPAIGN FOR THE MAINTENANCE AND OPERATIONS OF THE NEW ADDITION TO GILCREASE MUSEUM | $3,000,000 |
Rochester, MN PURPOSE: TO ESTABLISH, NAME, AND ENDOW THE MAXINE F. ZARROW FUND IN MICROBIOME RESEARCH AT THE MAYO CLINIC CENTER FOR INDIVIDUALIZED MEDICINE | $3,000,000 |
Stillwater, OK PURPOSE: OSU HEALTH SCIENCES CAMPUS PSYCHIATRIC HOSPITAL | $2,000,000 |
Tulsa, OK PURPOSE: ENDOWMENT CAMPAIGN FOR THE MAINTENANCE AND OPERATIONS OF THE NEW ADDITION TO GILCREASE MUSEUM | $500,000 |
ZARROW POINTE PURPOSE: FINANCIAL ASSISTANCE FUND | $350,000 |
STILL SHE RISES INC PURPOSE: CLIENT ADVOCACY AND COMMUNITY ENGAGEMENT | $180,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |