Frank J Zaher Charitable Tr
- Assets
- $1.1m
- Revenue
- $98.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- Lakefield, MN
- Founding
- 02/1997
- Data as of
- 12/2021
- EIN
- 41-1824504
Organization Overview
Frank J Zaher Charitable Tr is located in Lakefield, MN. The organization was established in 1997. 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. Frank J Zaher Charitable Tr 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, Frank J Zaher Charitable Tr generated $98.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $65.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Frank J Zaher Charitable Tr has awarded 33 individual grants totaling $280,324. 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 |
|---|---|---|---|
Dale Temlitz Trustee | 2.25 | $3,000 | |
Name Not Listed Trustee | 2.25 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $32,766 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $65,812 |
| Capital Gain Net Income | $65,812 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $98,581 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $136 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,792 |
| Contributions, gifts, grants paid | $58,400 |
| Total expenses and disbursements | $65,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,787 |
| 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 | $1,069,374 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,081,161 |
| 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, Frank J Zaher Charitable Tr has awarded $58,400 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
JACKSON CO CENTRAL SCHOOL DISTRICT PURPOSE: UPGRADE YOUTH BASEBALL FIELD | $25,000 |
JACKSON COUNTY PUBLIC LIBRARY PURPOSE: YOUTH READING PROGRAM | $15,000 |
Lakefield, MN PURPOSE: FOOD FOR THE POOR & NEEDY | $15,000 |
Jackson, MN PURPOSE: PROMOTE EDUCATION FOR CHILDREN | $2,000 |
ST PAUL LUTHERAN CHURCHCEMETERY PURPOSE: CHURCH CEMETERY IMPROVEMENT | $1,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |
David And Janis Larson Foundation Minneapolis, MN | $131,263,001 | -$404,078 |
The Jennings Family Foundation Edina, MN | $20,317,059 | $4,027,228 |
Kaena Foundation Minneapolis, MN | $0 | $2,288,902 |
Melitta S And Joan M Pick Charitable Trust Milwaukee, WI | $69,688,567 | $15,533,257 |
K A H R Foundation Minnetrista, MN | $0 | $2,779,843 |
The Mortenson Family Foundation Minneapolis, MN | $135,941,290 | $34,670,895 |
Northeast Entrepreneur Fund Inc Duluth, MN | $61,578,010 | $11,454,205 |
Easter Foundation Inc De Pere, WI | $48,221,315 | $14,319,286 |
John Ruan Foundation Trust Urbandale, IA | $110,876,833 | $7,230,015 |
Wem 2000 Foundation Minneapolis, MN | $94,111,129 | $6,290,419 |
Ashley Charitable Foundation Ltd Arcadia, WI | $13,824,381 | $199,581 |