Zide Family Foundation
- Assets
- $34.3m
- Revenue
- $1.9m
- Investments
- $32.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 46-3046255
The information for Zide Family Foundation is as of the organization's most recent filing in December '21. This organization is located in Wilmington, DE. It has been in existence for 8 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 Zide 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. These foundations are primarily focused on grantmaking and generally do not actively raise funds or seek public financial support. They are usually endowed by a single individual or family and are considered family foundations if relatives or the original donor are still involved in the foundation's operations. The Zide Family Foundation is also classified as a 501(c)(3) organization, meaning it is engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Grant History
Our dataset includes seven years of grant history for the Zide Family Foundation. Over the course of these seven years, they have awarded a total of 98 grants, with an average check size of $76,990. On average, the foundation awards 14 grants each year. The majority of their grants are awarded in the Education sector (11), followed by Housing & Shelter (10) and Food, Agriculture & Nutrition (8). The Zide Family Foundation awards grants in multiple states, with the highest number of grants awarded in New York (30), followed by Connecticut (23), Massachusetts (16), and Virginia (11). They have also awarded grants in Alabama (7), Washington D.C. (9), Delaware (1), and Oregon (1).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen M Zide Trustee | 1 | $0 | |
Janet B Zide Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,580 |
| Interest on Savings | $174,629 |
| Dividends & Interest | $697,334 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,025,509 |
| Capital Gain Net Income | $1,025,509 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $278 |
| Total Revenue | $1,907,330 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $148,774 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $407,397 |
| Contributions, gifts, grants paid | $1,300,000 |
| Total expenses and disbursements | $1,707,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $245,071 |
| 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 | $1,926,421 |
| Total assets | $34,307,311 |
| 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, Zide Family Foundation has awarded $1,300,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
EQUAL JUSTICE INITIATIVE PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSE | $150,000 |
AMYOTROPHIC LATERAL SCLEROSIS ASSOCIATION PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSE | $150,000 |
Reston, VA PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSE | $100,000 |
Bronx, NY PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSE | $100,000 |
Portland, OR PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSE | $100,000 |
Wallingford, CT PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSE | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Morgridge Family Foundation Wilmington, DE | $205,419,134 | $22,580,458 |
GDS Legacy Foundation Inc Wilmington, DE | $0 | $575,846 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Foundation For The Greatest Good Fulton, MD | $11,551,864 | $19,462,876 |
Young Mens Christian Association Of The Chesapeake Inc Easton, MD | $84,208,847 | $28,289,184 |
Living Legacy Foundation Wilmington, DE | $129,501,628 | $9,577,224 |
The Healey International Relief Foundation Inc Lumberton, NJ | $326,937 | $11,415,022 |
Zachary Smith Reynolds Trust Pittsburgh, PA | $187,892,547 | $20,789,622 |