Zorich Family Foundation
- Assets
- $64.6m
- Revenue
- $19.1m
- Investments
- $57.2m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 09/2001
- Data as of
- 12/2022
- EIN
- 76-0664404
Organization Overview
Zorich Family Foundation is located in Houston, TX. The organization was established in 2001. 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. Zorich 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, Zorich Family Foundation generated $19.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $3.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Zorich Family Foundation has awarded 27 individual grants totaling $3,283,117. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brynley Zorich Todd Trustee | 1 | $0 | |
Robert M Zorich Trustee | 1 | $0 | |
Robert L Zorich Trustee | 1 | $0 | |
Barbara L Zorich Trustee | 1 | $0 | |
Bret A Zorich Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,138,424 |
| Interest on Savings | $0 |
| Dividends & Interest | $854,890 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,097,578 |
| Capital Gain Net Income | $1,097,578 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $50,738 |
| Total Revenue | $19,141,630 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $175,097 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $67,502 |
| Total operating and administrative expenses | $662,373 |
| Contributions, gifts, grants paid | $3,283,117 |
| Total expenses and disbursements | $3,945,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,328,522 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $46,933 |
| 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 | $8,678,165 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $64,591,831 |
| 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, Zorich Family Foundation has awarded $3,283,117 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
NAVY SEAL FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSE | $10,000 |
UNITED WAY PURPOSE: GENERAL CHARITABLE PURPOSE | $100,000 |
CHILD ADVOCATE PURPOSE: GENERAL CHARITABLE PURPOSE | $15,000 |
ST MARTIN EPISCOPAL CHURCH PURPOSE: GENERAL CHARITABLE PURPOSE | $550,000 |
SWITCH ENERGY ALLIANCE PURPOSE: GENERAL CHARITABLE PURPOSE | $33,000 |
HOPE AND HEALING CENTER & INSTITUTE PURPOSE: GENERAL CHARITABLE PURPOSE | $375,000 |