Zankel Fund

Organization Overview

Zankel Fund is located in New York, NY. The organization was established in 2008. 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. Zankel Fund 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, Zankel Fund generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $18.3m during the year ending 12/2021. While expenses have increased by 37.0% per year over the past 6 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, Zankel Fund has awarded 77 individual grants totaling $32,003,979. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

NONE


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wetherby Asset Management
$62,500
Cbiz Investment Advisory Services Llc
$104,167
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $4,346
Dividends & Interest $11,260
Net Rental Income$0
Net Gain on Sale of Assets $6,015,284
Capital Gain Net Income $6,015,284
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $569,127
Total Revenue $6,600,017

Grants Awarded

Over the last fiscal year, Zankel Fund has awarded $18,102,238 in support to 3 organizations.

Grant RecipientAmount

SCHWAB CHARITABLE FUND (MARK ZANKEL CHARITABLE FUND)

PURPOSE: UNRESTICTED CHARITABLE PURPOSES

$7,586,740

SCHWAB CHARITABLE FUND (JUDY F ZANKEL CHARITABLE FUND)

PURPOSE: UNRESTICTED CHARITABLE PURPOSES

$7,515,498

FIDELITY CHARITABLE GIFT FUND (MARK ZANKEL FUND)

PURPOSE: UNRESTRICTED CHARITABLE PURPOSES

$3,000,000
View Grant Profile

Peer Organizations

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