Zajac Fam Foundation Inc is located in Lakewood, NJ. The organization was established in 2013. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Zajac Fam 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, Zajac Fam Foundation Inc generated $39.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $531.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Zajac Founder | 0.25 | $0 | |
Shulamith Zajac Trustee | 0.25 | $0 | |
Saul Mizrahi Trustee | 0.25 | $0 | |
Chana Mizrahi Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $39,024 |
Total Revenue | $39,024 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,154 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $75 |
Total operating and administrative expenses | $4,019 |
Contributions, gifts, grants paid | $527,300 |
Total expenses and disbursements | $531,319 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $123,239 |
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 | $485,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $991,117 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,599,356 |
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, Zajac Fam Foundation Inc has awarded $40,460 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
BAIS TOVA INC PURPOSE: FOR A RELIGIOUSHIGH SCHOOL | $5,000 |
BAIS YAKOV HAYUSHUN PURPOSE: FOR A SYNAGOGUE | $360 |
BAIS MORDECHAI PURPOSE: FOR A SYNAGOGUE | $3,600 |
CONG KOL ARYEH OF LAKEWOOD PURPOSE: FOR A SYNAGOGUE | $16,000 |
CONG SHEMEN LMINCHA PURPOSE: FOR A SYNAGOGUE | $10,000 |
KAHAL KIRYAT SEFER PURPOSE: FOR A SYNAGOGUE | $500 |