Zoma Foundation
- Assets
- $504.6m
- Revenue
- $7.1m
- Investments
- $469.3m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 01/2018
- Data as of
- 12/2023
- EIN
- 81-4630003
Organization Overview
Zoma Foundation is located in Denver, CO. The organization was established in 2018. 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. Zoma 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, Zoma Foundation generated $7.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $17.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Zoma Foundation has awarded 244 individual grants totaling $60,158,015. 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 |
|---|---|---|---|
Benjamin S Walton Director/ Co-President | 5 | $0 | |
Lucy Ana A Walton Director/ Co-President | 5 | $0 | |
Janna Williams Treasurer | 12 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mckinsey International Inc | 12/30/23 | $3,150,000 |
Walton Enterprises Llc | 12/30/23 | $612,790 |
Northern Trust | 12/30/23 | $459,204 |
Systemiq | 12/30/23 | $330,181 |
Jpmorgan Private Foundation Services | 12/30/23 | $100,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,839,714 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,930,566 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,736,744 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105,791 |
| Total Revenue | $7,139,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $160 |
| Taxes | $563,760 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,412,439 |
| Total operating and administrative expenses | $7,012,715 |
| Contributions, gifts, grants paid | $10,281,818 |
| Total expenses and disbursements | $17,294,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,963,393 |
| Savings and temporary cash investments | $13,747,547 |
| 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 | $16,498,873 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $469,347,526 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $504,557,339 |
| 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, Zoma Foundation has awarded $10,281,818 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
ARAPAHOE COMMUNITY COLLEGE FOUNDATION INC PURPOSE: TO SUPPORT THE COLORADO HEALTH CAREERS ACADEMY COLLABORATIVE PROJECT. | $574,594 |
CAREERWISE COLORADO PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT | $540,613 |
CITY YEAR INC PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT | $50,000 |
CLAYTON EARLY LEARNING PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT | $50,000 |
COLORADO CHILDRENS CAMPAIGN INC PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT | $50,000 |
COLORADO COMMUNITY COLLEGE SYSTEM FOUNDATION PURPOSE: ONE GRANT TO SUPPORT GENERAL OPERATIONS AND ONE GRANT TO SUPPORT CCCS TO COMPLETE PRIOR LEARNING ASSESSMENTS FOR TWO CAREERWISE APPRENTICESHIPS. | $100,000 |