Z Foundation
- Assets
- $3.5m
- Revenue
- -$104.7k
- Investments
- $3.4m
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-6584655
Organization Overview
Z Foundation is located in Rochester, MN. The organization was established in 2019. According to its NTEE Classification (T30) the organization is classified as: Public 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. Z Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Z Foundation has awarded 26 individual grants totaling $450,500. 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 |
|---|---|---|---|
Scott Zietlow Trustee | 1 | $0 | |
Jill Zietlow Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,916 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$153,614 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$104,698 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,457 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $219 |
| Total operating and administrative expenses | $40,239 |
| Contributions, gifts, grants paid | $122,500 |
| Total expenses and disbursements | $162,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,992 |
| 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 | $658,746 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,464,051 |
| 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, Z Foundation has awarded $122,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
RESURRECTION & LIFE LUTHERAN PURPOSE: PROGRAM SUPPORT | $80,000 |
GOOD SAMARITAN CLINIC PURPOSE: PROGRAM SUPPORT | $5,000 |
BOLDER OPTIONS PURPOSE: PROGRAM SUPPORT | $5,000 |
PLANNED PARENTHOOD ROCHESTER PURPOSE: PROGRAM SUPPORT | $5,000 |
GIFT OF LIFE TRANSPLANT HOUS PURPOSE: PROGRAM SUPPORT | $7,500 |
GUNDERSON MED FDN PURPOSE: PROGRAM SUPPORT | $5,000 |