Scott M Panzer Foundation Inc
- Assets
- $3.9m
- Revenue
- $2.0m
- Investments
- $2.0m
- Employees
- 0
- Location
- Singer Island, FL
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-3615701
Organization Overview
Scott M Panzer Foundation Inc is located in Singer Island, FL. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Scott M Panzer 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, Scott M Panzer Foundation Inc generated $2.0m in total revenue. All expenses for the organization totaled $137.1k during the year ending 12/2022. While expenses have increased by 15.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Scott M Panzer Foundation Inc has awarded 39 individual grants totaling $317,600. 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 |
|---|---|---|---|
Scott M Panzer President | 1 | $0 | |
Leonard Panzer Vice President | 1 | $0 | |
Murray Panzer Treasurer | 1 | $0 | |
Charito M Stacey Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,851,206 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,229 |
| Net Rental Income | -$1,970 |
| Net Gain on Sale of Assets | $80,675 |
| Capital Gain Net Income | $80,675 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,962,110 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,780 |
| Depreciation | $1,970 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,456 |
| Total operating and administrative expenses | $38,156 |
| Contributions, gifts, grants paid | $98,900 |
| Total expenses and disbursements | $137,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $50,894 |
| 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 | $1,838,987 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,980,255 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,870,136 |
| 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, Scott M Panzer Foundation Inc has awarded $98,900 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
POWERSENSE 83-0716800 PURPOSE: SUPPORT FOR HEARING IMPAIRED | $2,500 |
WOUNDED WARRIOR COURAGE AND SACRIFICE 46-5536167 PURPOSE: SUPPORT FOR VETERANS | $350 |
LOGGERHEAD MARINE LIFE CENTER 59-2445926 PURPOSE: SUPPORT FOR MARINE LIFE CENTER | $31,750 |
CREATIVE ART WORKS 13-3638436 PURPOSE: YOUTH EMPLOYMENT PROGRAM | $2,500 |
RONALD MCDONALD HOUSE 13-2933654 PURPOSE: SUPPORT FOR FAMILIES AS THEIR CHILDREN BATTLE TERMINAL ILLNESSES | $17,500 |
AMERICAN FRIENDS OF RABIN MEDICAL CENTER 52-1903777 PURPOSE: SUPPORT FOR MEDICAL CENTER AND RESEARCH | $500 |