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MIAMI BEACH, FL

Jacob Zabara Family Foundation

Quick Facts

EIN
832494812
Location
MIAMI BEACH, FL
Category
Health
Total Assets
$59.4M
Annual Income
$56.3M
IRS Ruling Year
2019
Organization Type
Trust
Tax Deductibility
Contributions are deductible

About This Foundation

Jacob Zabara Family Foundation is a private trust based in MIAMI BEACH, FL. The foundation received its IRS ruling in 2019. It holds total assets of $59.4M. Annual income is reported at $56.3M. The foundation operates in the area of health. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$601K

2023+478%

Total Assets

$35.5M

2023+1267%

Fair Market Value

$36.4M

2023

Net Worth

$35.5M

2023

Grants Paid

$498K

2023

Contributions

$33.6M

2023

Net Investment Income

$655K

2023

Distribution Amount

$505K

2023

Total Giving by Year

$14K
19
$37K
20
$92K
21
$104K
22
$601K
23

Asset Growth

$922K
19
$1.5M
20
$2.2M
21
$2.6M
22
$35.5M
23

Investment Portfolio (2023)

Total: $6.7M

Corporate Stock: $5M
Corporate Bonds: $1.7M
Other Investments: $28.2M
Cash: $514K
Corporate Stock (14%)
Corporate Bonds (5%)
Other Investments (80%)
Cash (1%)

Expense Breakdown (2023)

Grants Paid$498K
Legal Fees$21K
Accounting Fees$6K
Travel & Conferences$2K

Revenue Sources (2023)

Contributions
$33.6M
Dividends
$515K
Capital Gains (Net)
$250K
Other Income
$2K
Interest
$118

Financial Details (2023)

Total Revenue
$34.4M
Total Expenses
$601K
Exempt Purpose Expenses
$498K
Required Distribution
$505K
Undistributed Income
$123K
Total Liabilities
$6
Excise Tax
$9K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

2

Total Giving

$570K

Average Grant

$285K

Median Grant

$285K

Total Giving by Year

$72K (1 grants)
21
$498K (1 grants)
23

Grant Range

Min$72K
Max$498K
Median: $285K
Smallest grantLargest grant

Openness to New Grantees (2023)

100%

of 2023 grantees were first-time recipients

Geographic Distribution of Grants

AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
FL: $570K (2)
HI
TX
FL$570K (2)

Past Grantees

RecipientLocationAmountYear
University Of Miami - Miller School Of MedicineIN SUPPORT OF RESEARCH AND DEVELOPMENT OF ELECTROMAGNETIC DEVICESCoral Gables, FL$498K2023
University Of MiamiGENERAL OPERATIONSCoral Gables, FL$72K2021

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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