Zg Foundation Inc

Organization Overview

Zg Foundation Inc is located in East Hanover, NJ. 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. Zg 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, Zg Foundation Inc generated $44.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (73.8%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Zg Foundation Inc has awarded 19 individual grants totaling $1,651,340. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $191,078
Net Rental Income$0
Net Gain on Sale of Assets $45,777
Capital Gain Net Income $45,777
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$192,683
Total Revenue $44,172

Grants Awarded

Over the last fiscal year, Zg Foundation Inc has awarded $1,080,000 in support to 9 organizations.

Grant RecipientAmount

FOREST TRENDS ASSOCIATION

PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR EXEMPT PURPOSES

$250,000

ECOTRUST

PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR EXEMPT PURPOSES

$90,000

NATURA BOLIVIA FOUNDATION

PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR EXEMPT PURPOSES

$100,000

OPEN SPACE INSTITUTE LAND TRUST

PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR EXEMPT PURPOSES

$200,000

PROJECT DRAWDOWN

PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR EXEMPT PURPOSES

$125,000

WOMEN'S EARTH CLIMATE ACTION NETWORK

PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR EXEMPT PURPOSES

$35,000
View Grant Profile

Peer Organizations

Organization NameAssets
Theodore J Forstmann Charitable Trust
New York, NY
$703,020
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust
New York, NY
$7,387,635
The Zegar Family Foundation
New York, NY
$35,430,517
The Blackrock Charitable Foundation
New York, NY
$10,722,340
Chesed Foundation Of America
New York, NY
$8,652,812
Morgridge Family Foundation
Wilmington, DE
$45,209,679
Robert W Wilson Charitable Tr
New York, NY
$6,256,282
Estee Lauder Companies Charitable Foundation
New York, NY
$12,239,175
GDS Legacy Foundation Inc
Wilmington, DE
$575,846
Highmark Foundation
Pittsburgh, PA
$5,969,409
Lisa Dean Moseley Foundation
Rockland, DE
$7,206,561
Hamilton Family Charitable Trust
Wayne, PA
$49,505,637
Viola Foundation Inc
New York, NY
-$301,393
Bern Schwartz Family Foundation
Wilmington, DE
-$438,612
Mark D Hostetter And Alexander N Habib Foundation
New York, NY
$18,404
Seed The Dream Foundation
Gladwyne, PA
$2,461,342
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee
Montchanin, DE
$5,591,943
Jmt Charitable Foundation
New York, NY
$9
Three Sisters Foundation
Wilmington, DE
$12,919,392
Zs & M Wilf Foundation Inc
Short Hills, NJ
$5,128,523
Teiger Foundation
New York, NY
$2,904,861
Zachary Smith Reynolds Trust
Pittsburgh, PA
$8,232,510
Gerstner Family Foundation
Armonk, NY
$6,418,815
Thomas D Klingenstein Fund
Cranbury, NJ
$1,230,105
Northlight Foundation Inc
New York, NY
$1,621,535

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