James P & Judith E Zimmerman Family Foundation Inc
- Assets
- $1.3m
- Revenue
- $54.7k
- Investments
- $1.3m
- Employees
- 0
- Location
- Blanchardville, WI
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-2693681
Organization Overview
James P & Judith E Zimmerman Family Foundation Inc is located in Blanchardville, WI. 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. James P & Judith E Zimmerman 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 12/2021, James P & Judith E Zimmerman Family Foundation Inc generated $54.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.0%) each year. All expenses for the organization totaled $91.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, James P & Judith E Zimmerman Family Foundation Inc has awarded 12 individual grants totaling $143,000. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE CHARITABLE CONTRIBUTIONS PART XV. FOUNDATION ACTIVITIES LIMITED TO MAKING CHARITABLE CONTRIBUTIONS WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Zimmerman Vice Preside | 1 | $0 | |
Judith Zimmerman President | 1 | $0 | |
Nicholas Zimmerman Vice Preside | 1 | $0 | |
Joel Zimmerman Vice Preside | 1 | $0 | |
Alycia Thiel Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $30,547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,192 |
| Capital Gain Net Income | $22,582 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,743 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $253 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,150 |
| Contributions, gifts, grants paid | $71,000 |
| Total expenses and disbursements | $91,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,905 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,324,548 |
| 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, James P & Judith E Zimmerman Family Foundation Inc has awarded $71,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FRIARWORKS-SAINT ANTHONY FEEDING PR PURPOSE: CHARITY | $30,000 |
FOOD FOR THE POOR PURPOSE: CHARITY | $30,000 |
FRIARWORKS-MARY GATE OF HEAVEN PAR PURPOSE: CHARITY | $10,000 |
CATHOLIC DIOCESE OF MADISON PURPOSE: CHARITY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Genyouth Inc Rosemont, IL | $9,087,915 | $10,980,091 |
Sondheimer Family Charitable Foundation Wilmette, IL | $0 | $30,820 |
Illinois Tool Works Foundation Glenview, IL | $328,623 | $8,500,000 |
Willow Springs Charitable Tr Mt Carroll, IL | $100,115,931 | $21,339,853 |
Hamill Family Foundation Chicago, IL | $55,305,054 | $6,054,241 |
Herrick Foundation Detroit, MI | $135,749,323 | $10,836,296 |
We Energies Foundation Inc Milwaukee, WI | $74,423,525 | $6,027,785 |
3m Foundation St Paul, MN | $11,832,463 | $7,120,220 |
The Samuel And Jean Frankel Fine Arts Foundation Bloomfield Hills, MI | $136,493,173 | $6,844,673 |
Grand Victoria Foundation Chicago, IL | $167,134,023 | $22,046,260 |
Bill & Julia Van Domelen Foundation Kalamazoo, MI | $132,053,109 | $12,849,321 |
Richard O Jacobson Foundation Inc Des Moines, IA | $24,841,991 | $13,826,505 |