Zolla Family Foundation
- Assets
- $4.7m
- Revenue
- $1.3m
- Investments
- $4.6m
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 52-2365200
Organization Overview
Zolla Family Foundation is located in Santa Monica, CA. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Zolla Family 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 12/2022, Zolla Family Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.2% each year . All expenses for the organization totaled $724.3k during the year ending 12/2022. While expenses have increased by 9.4% 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.
Since 2020, Zolla Family Foundation has awarded 61 individual grants totaling $1,694,529. 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 |
|---|---|---|---|
Susan Zolla Director & President | 8 | $0 | |
Alissa Zolla Bartle Director & Vice President | 2 | $0 | |
Miriam Zolla Neandross Director | 1 | $0 | |
Joseph Hurwich Director & CFO | 1 | $0 | |
Erik Neandross Director & Secretary | 1 | $0 | |
Peter Bartle Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $244,472 |
| Interest on Savings | $0 |
| Dividends & Interest | $110,488 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $916,557 |
| Capital Gain Net Income | $1,172,504 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $59,374 |
| Total Revenue | $1,330,891 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4,044 |
| Taxes | $12,356 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72,904 |
| Total operating and administrative expenses | $103,244 |
| Contributions, gifts, grants paid | $621,006 |
| Total expenses and disbursements | $724,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,696 |
| Savings and temporary cash investments | $79,750 |
| 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 | $813,812 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,707,750 |
| 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, Zolla Family Foundation has awarded $621,006 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
HAPPY TRAILS FOR KIDS (HAPPY) PURPOSE: TO SEND FOSTER CHILDREN TO SUMMER CAMP | $15,000 |
BRIGHT PROSPECT (BRIGPROS) PURPOSE: TO SUPPORT THE BRIGHT PROSPECT SCHOLAR PROGRAM FOR COLLEGE STIPEND | $50,500 |
DETERMINED TO SUCCEED (DTS) PURPOSE: ASSIST IN THE COLLEGE PREPARATION AND ADMISSION PROCESS FOR DTS INNER-CITY HIGH SCHOOL STUDENTS. | $270,000 |
KAYNE ANDERSON MLP FUND LP - FROM K-1 PURPOSE: UNKNOWN CHARITABLE PURPOSES | $6 |
AIRPORT MARINA COUNSELING SERVICE (AMCS) PURPOSE: TO PROVIDE SALARY SUPPORT FOR THE SUPERVISORS AND PSYCHIATRIST IN THE AT-RISK KIDS PROGRAM | $18,000 |
BUCKNELL UNIVERSITY (BUCKNELL) PURPOSE: TO SUPPORT BUCKNELL UNIVERSITY | $65,000 |