Zellis Family Foundation
- Assets
- $26.4m
- Revenue
- $9.5m
- Investments
- $22.1m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-2650002
Organization Overview
Zellis Family Foundation is located in Chicago, IL. The organization was established in 2019. 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. Zellis 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, Zellis Family Foundation generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 39.5% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Zellis Family Foundation has awarded 48 individual grants totaling $2,837,895. 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 |
|---|---|---|---|
Name Not Listed Director | 1 | $0 | |
Name Not Listed President | 1 | $0 | |
Name Not Listed Vice President & Secretary | 1 | $0 | |
Name Not Listed Vice President | 1 | $0 | |
Name Not Listed Vice President | 1 | $0 | |
Name Not Listed Vice President & Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,717,440 |
| Interest on Savings | $0 |
| Dividends & Interest | $131,299 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$347,614 |
| Capital Gain Net Income | $1,471,156 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,501,125 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $223,639 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $334,363 |
| Contributions, gifts, grants paid | $1,022,140 |
| Total expenses and disbursements | $1,356,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,459 |
| Savings and temporary cash investments | $4,067,155 |
| Net Accounts receivable | $54,041 |
| 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 | $55,438 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $296,577 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,385,804 |
| Accounts payable and accrued expenses | $63,878 |
| Grants payable | $442,140 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $129,062 |
| Total liabilities | $635,080 |
Grants Awarded
Over the last fiscal year, Zellis Family Foundation has awarded $1,342,895 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
FOOD BANK OF THE ROCKIES PURPOSE: SOCIAL SERVICES | $10,000 |
ALEXANDER GRAHAM BELL ASSOCIATION FOR THE DEAF AND HARD OF HEARING PURPOSE: HEALTH | $100,000 |
HANDS OF PEACE PURPOSE: CULTURAL AND RELIGIOUS | $7,895 |
HEARING HEALTH FOUNDATION PURPOSE: HEALTH | $25,000 |
HEART AND ARMOR FOUNDATION PURPOSE: SOCIAL SERVICES | $20,000 |
JEWISH FAMILY SERVICE OF COLORADO INC PURPOSE: CULTURAL AND RELIGIOUS | $20,000 |