Zierk Family Foundation
- Assets
- $42.7m
- Revenue
- $2.4m
- Investments
- $11.9m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/2013
- Data as of
- 12/2021
- EIN
- 46-2243181
The information for Zierk Family Foundation is as of the organization's most recent filing in December 2019. This organization is located in Dallas, TX and has been in existence for six years, following its founding in 2013.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Zierk Family Foundation's NTEE code is T22. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "22" tells us that the organization is a Private Independent Foundation. The NTEE describes Private Independent Foundations as private foundations that make grants based on charitable endowments, usually from a single individual or family. They are focused primarily on grantmaking and generally do not actively raise funds or seek public financial support.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Program Areas
The general fund provides funds to education and health-related organizations, with a particular focus on children and their needs to ensure a quality childhood and smooth transition to adulthood.
Grant History
Our dataset has five years of grant history for the Zierk Family Foundation. In that time, they have awarded 83 grants, with an average check size of $140,338. The organization most frequently awards grants in the sector of Philanthropy, Voluntarism & Grantmaking Foundations (7), Education (7), and Human Services (5). Additionally, the organization most frequently awards grants in the state of Hawaii (58), California (17), Washington (1), New York (4), Virginia (1), New Jersey (1), and New Hampshire (1).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn M Zierk Vice President & Secretary | 1 | $0 | |
David K Zierk President & Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35,460 |
| Dividends & Interest | $151,230 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,183,769 |
| Capital Gain Net Income | $2,183,769 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,370,459 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $55,400 |
| Contributions, gifts, grants paid | $3,290,000 |
| Total expenses and disbursements | $3,345,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,784,909 |
| 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 | $11,901,415 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $42,686,324 |
| 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, Zierk Family Foundation has awarded $3,290,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: TO SUPPORT THE CHILDREN EDUCATION. | $2,100,000 |
REDF PURPOSE: TO CREATE JOBS FOR PEOPLE WHO FACE GREAT BARRIERS. | $300,000 |
THE DALLAS FOUNDATION PURPOSE: TO SUPPORT THE CITY OF DALLAS. | $145,000 |
JIM SAUNDERS FUND PURPOSE: TO SUPPORT EDUCATION. | $100,000 |
Dallas, TX PURPOSE: TO SUPPORT CHILDREN'S CHARITIES IN DALLAS COUNTY | $100,000 |
Plano, TX PURPOSE: TO SUPPORT HUNGRY CHILDREN, SENIORS, AND FAMILIES. | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |