Jacob Zabara Family Foundation
- Assets
- $35.5m
- Revenue
- $34.4m
- Investments
- $34.9m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 83-2494812
Organization Overview
Jacob Zabara Family Foundation is located in Miami Beach, FL. The organization was established in 2019. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jacob Zabara 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, Jacob Zabara Family Foundation generated $34.4m in total revenue. All expenses for the organization totaled $601.3k during the year ending 12/2023. While expenses have increased by 113.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erik M Herzfeld Trustee | 5 | $0 | |
Jacob Zabara Deceased Former Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $33,591,903 |
| Interest on Savings | $118 |
| Dividends & Interest | $515,123 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $250,196 |
| Capital Gain Net Income | $250,196 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,906 |
| Total Revenue | $34,359,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,041 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,694 |
| Printing and publications | $0 |
| Other expenses | $72,869 |
| Total operating and administrative expenses | $103,352 |
| Contributions, gifts, grants paid | $497,898 |
| Total expenses and disbursements | $601,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $513,688 |
| 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 | $28,181,689 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $73,325 |
| Total assets | $35,474,366 |
| 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 | $6 |
| Total liabilities | $6 |