Raymond Zimmerman Family Foundation
- Assets
- $6.3m
- Revenue
- $382.2k
- Investments
- $5.9m
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 62-6166380
Organization Overview
Raymond Zimmerman Family Foundation is located in Boca Raton, FL. The organization was established in 0000. 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. Raymond Zimmerman 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 12/2023, Raymond Zimmerman Family Foundation generated $382.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $711.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Raymond Zimmerman Family Foundation has awarded 507 individual grants totaling $2,556,417. 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 |
|---|---|---|---|
Raymond Zimmerman Trustee | 5 | $0 | |
Fred E Zimmerman Trustee | 1 | $0 | |
Robin Rubinoff Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $285,090 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $97,088 |
| Capital Gain Net Income | $97,088 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $41 |
| Total Revenue | $382,219 |
| 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 | $57,754 |
| Printing and publications | $0 |
| Other expenses | $48 |
| Total operating and administrative expenses | $117,761 |
| Contributions, gifts, grants paid | $593,492 |
| Total expenses and disbursements | $711,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,700 |
| 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 | $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 | $6,277,895 |
| Accounts payable and accrued expenses | $3,870 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $222,142 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $226,012 |
Grants Awarded
Over the last fiscal year, Raymond Zimmerman Family Foundation has awarded $593,492 in support to 96 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION MICAH PURPOSE: GENERAL OPERATIONS | $1,728 |
B'NAI TORAH CONGREGATION PURPOSE: GENERAL OPERATIONS | $2,660 |
CONGREGATION SHERITH ISRAEL PURPOSE: GENERAL OPERATIONS | $36 |
JDC PURPOSE: GENERAL OPERATIONS | $149,744 |
JEWISH AGENCY FOR ISRAEL PURPOSE: GENERAL OPERATIONS | $100 |
JEWISH BOOK COUNCIL PURPOSE: GENERAL OPERATIONS | $5,176 |