Zenith Foundation Inc
- Assets
- $2.4m
- Revenue
- $107.1k
- Investments
- $2.4m
- Employees
- 0
- Location
- Perrysburg, OH
- Founding
- 01/1968
- Data as of
- 12/2022
- EIN
- 34-1018513
Organization Overview
Zenith Foundation Inc is located in Perrysburg, OH. The organization was established in 1968. 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. Zenith 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.
Since 2016, Zenith Foundation Inc has awarded 106 individual grants totaling $1,298,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA - NO DIRECT CHARITABLE ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna M Peters Pres & Trus | 0.1 | $0 | |
Chad R Baker VP Sec Tr | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,865 |
| Dividends & Interest | $45,889 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $49,332 |
| Capital Gain Net Income | $49,332 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $107,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,542 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $614 |
| Total operating and administrative expenses | $23,986 |
| Contributions, gifts, grants paid | $271,000 |
| Total expenses and disbursements | $294,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $4,707 |
| 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 | $2,430,820 |
| 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, Zenith Foundation Inc has awarded $271,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
JOHN HAGEE MINISTRIES PURPOSE: GENERAL | $15,000 |
TOLEDO MUSEUM OF ART PURPOSE: GENERAL | $50,000 |
JOYCE MEYER MINISTRIES PURPOSE: GENERAL | $15,000 |
LIFE OUTREACH INTERNATIONAL PURPOSE: GENERAL | $15,000 |
WLMB - TV 40 PURPOSE: GENERAL | $20,000 |
TURNING POINT MINISTRIES PURPOSE: GENERAL | $15,000 |