Robert L Zimmerman Charitable Foundation
- Assets
- $160.6k
- Revenue
- $33.0k
- Investments
- $142.0k
- Employees
- 0
- Location
- Bettendorf, IA
- Founding
- 12/1996
- Data as of
- 12/2023
- EIN
- 42-1461940
Organization Overview
Robert L Zimmerman Charitable Foundation is located in Bettendorf, IA. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Robert L Zimmerman Charitable 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 12/2023, Robert L Zimmerman Charitable Foundation generated $33.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.7% each year . All expenses for the organization totaled $26.6k during the year ending 12/2023. While expenses have increased by 14.9% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
SUPPORT OF EDUCATION AND CHARITABLE ENDEAVORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth A Moore Vice President | 0 | $0 | |
Margaret Agnew Secretary | 0 | $0 | |
Robert L Zimmerman Jr Vice President | 0 | $0 | |
Nancy Sue Mappin Vice President | 0 | $0 | |
Ralph James Zimmerman Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,000 |
| Interest on Savings | $1 |
| Dividends & Interest | $3,845 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,184 |
| Capital Gain Net Income | $3,830 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,030 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $150 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,643 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $26,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,589 |
| Savings and temporary cash investments | $0 |
| 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 | $160,578 |
| 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, Robert L Zimmerman Charitable Foundation has awarded $25,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WELLSPRINGS OF FREEDOM PURPOSE: OPERATIONAL EXPENSES | $10,000 |
TAD AGNEW FOUNDATION PURPOSE: CANCER RESEARCH | $15,000 |