Zimmer Family Foundation Inc
- Assets
- $29.4m
- Revenue
- $8.6m
- Investments
- $21.1m
- Employees
- 0
- Location
- Saddle River, NJ
- Founding
- 09/2003
- Data as of
- 12/2022
- EIN
- 81-0586837
Organization Overview
Zimmer Family Foundation Inc is located in Saddle River, NJ. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Zimmer 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 12/2022, Zimmer Family Foundation Inc generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 49.1% each year . All expenses for the organization totaled $331.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Zimmer Family Foundation Inc has awarded 102 individual grants totaling $30,574,523. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Zimmer Director, President | 1 | $0 | |
Stuart Zimmer Director, Chairman | 1 | $0 | |
Mendy Herson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,638,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,638,000 |
| 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 | $31 |
| Total operating and administrative expenses | $31 |
| Contributions, gifts, grants paid | $331,000 |
| Total expenses and disbursements | $331,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,316,741 |
| 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 | $21,084,036 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $29,400,777 |
| 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, Zimmer Family Foundation Inc has awarded $331,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLES E DAY SCHOOL - WASHINGTON DC PURPOSE: TO PROMOTE THE WORK OF THE ORGANIZATION. | $40,000 |
INTERNATIONAL PARURESIS ASSOCIATION PURPOSE: TO PROMOTE THE WORK OF THE ORGANIZATION. | $1,000 |
STAND WITH US PURPOSE: TO PROMOTE THE WORK OF THE ORGANIZATION | $10,000 |
YAFFED PURPOSE: TO PROMOTE THE WORK OF THE ORGANIZATION | $10,000 |
AMERICAN ISRAEL EDUCATION FOUNDATION PURPOSE: TO FURTHER THE EDUCATION OF THE ORGANIZATION. | $200,000 |
PRESIDENTS & FELLOWS OF HARVARD COLLEGE PURPOSE: TO PROMOTE THE WORK OF THE ORGANIZATION. | $10,000 |