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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig Harrison Trustee | 1 | $0 | |
Joan Harrison Trustee | 1 | $0 | |
Kyle Harrison Trustee | 1 | $0 | |
Jamie Harrison Trustee | 1 | $0 |
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 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $18,395 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,684 |
Total operating and administrative expenses | $153,163 |
Contributions, gifts, grants paid | $1,080,000 |
Total expenses and disbursements | $1,233,163 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,200 |
Savings and temporary cash investments | $81,765 |
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 | $15,114,998 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $18,814,248 |
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 |
Over the last fiscal year, Zg Foundation Inc has awarded $1,080,000 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
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 |