Zembrodt Family Foundation Inc
- Assets
- $10.4m
- Revenue
- $958.9k
- Investments
- $10.3m
- Employees
- 0
- Location
- Ft Wright, KY
- Founding
- 07/1987
- Data as of
- 12/2023
- EIN
- 61-1108902
Organization Overview
Zembrodt Family Foundation Inc is located in Ft Wright, KY. The organization was established in 1987. 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. Zembrodt 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 12/2023, Zembrodt Family Foundation Inc generated $958.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $776.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Zembrodt Family Foundation Inc has awarded 168 individual grants totaling $2,846,500. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald L Zembrodt Dir-President | 2 | $0 | |
John A Zembrodt Dir-Sec/treas | 2 | $0 | |
Joseph S Zembrodt Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $245,855 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $713,037 |
| Capital Gain Net Income | $713,037 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $958,892 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,217 |
| Total operating and administrative expenses | $98,958 |
| Contributions, gifts, grants paid | $677,500 |
| Total expenses and disbursements | $776,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,138 |
| 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 | $10,980 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,341,701 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,414,819 |
| 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, Zembrodt Family Foundation Inc has awarded $677,500 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ST CATHERINE MISSION FUND PURPOSE: MISSIONS | $310,000 |
CARMELITES OF MARY IMMACULATE PURPOSE: GENERAL FUND | $10,000 |
AUL INC PURPOSE: GENERAL FUND | $5,000 |
AMERICAN VALUES PURPOSE: GENERAL FUND | $5,000 |
ASSURANCE FOR LIFE PURPOSE: GENERAL FUND | $2,500 |
CARE NET PREGNANCY SVC N KY PURPOSE: GENERAL FUND | $15,000 |