Zimmerman Family Foundation Inc
- Assets
- $955.5k
- Revenue
- $138.8k
- Investments
- $904.6k
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 05/1998
- Data as of
- 06/2024
- EIN
- 59-3503647
Organization Overview
Zimmerman Family Foundation Inc is located in Jacksonville, FL. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Zimmerman Family Foundation Inc 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 06/2024, Zimmerman Family Foundation Inc generated $138.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $274.6k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Zimmerman Family Foundation Inc has awarded 44 individual grants totaling $1,612,158. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seeman Zimmerman President | 0 | $0 | |
Charles Zimmerman VP | 0 | $0 | |
Morrie Zimmerman VP | 0 | $0 | |
Elyne Zimmerman VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,914 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $113,885 |
| Capital Gain Net Income | $113,885 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $138,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $887 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,065 |
| Total operating and administrative expenses | $21,113 |
| Contributions, gifts, grants paid | $253,500 |
| Total expenses and disbursements | $274,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $50,976 |
| 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 | $955,540 |
| 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 | $3,274 |
| Total liabilities | $3,274 |
Grants Awarded
Over the last fiscal year, Zimmerman Family Foundation Inc has awarded $253,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BAPTIST HEALTH FDN PURPOSE: HEALTH CARE | $2,500 |
COMMUNITY FDN FOR NE FL PURPOSE: COMMUNITY PHILANTHROPY | $250,000 |
WOLFSON CHILDREN'S HOSPITAL PURPOSE: CHILDREN'S HEALTH CARE | $1,000 |