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Mzl 40 Foundation is a private trust based in CEDARHURST, NY. The foundation received its IRS ruling in 2008. The principal officer is Leo Zisman. It holds total assets of $1.1M. Annual income is reported at $35K. Total assets have decreased from $1.6M in 2011 to $1.1M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Mzl 40 Foundation has made 191 grants totaling $341K, with a median grant of $500. Annual giving has decreased from $56K in 2020 to $43K in 2023. Grantmaking activity was highest in 2022 with $187K distributed across 100 grants. Individual grants have ranged from N/A to $38K, with an average award of $2K. The foundation has supported 97 unique organizations. The foundation primarily supports organizations in New York, Florida, California, which account for 93% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$2K
Largest Grant
$23K
Based on 25 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Mzl 40 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 191 grants. Its grantmaking reaches organizations primarily in NY, FL, CA.
Mzl 40 Foundation has distributed a total of $341K across 191 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from N/A to $38K.
Mzl 40 Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mzl 40 Foundation is headquartered in CEDARHURST, NY. While based in NY, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Myrna Zisman | TRUSTEE | $0 | $0 | N/A |
| David Portal | TRUSTEE | $0 | $0 | N/A |
Total Giving
$58K
Total Assets
$1.1M
Fair Market Value
$1.2M
Net Worth
$1.1M
Grants Paid
$43K
Contributions
N/A
Net Investment Income
$59K
Distribution Amount
$54K
Total: N/A
Total Grants
191
Total Giving
$341K
Average Grant
$2K
Median Grant
$500
Unique Recipients
97
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Keren OrGENERAL SUPPORT | New York, NY | $3K | 2023 |
| Chai LifelineGENERAL SUPPORT | New York, NY | $250 | 2023 |
| Chabad Of 5 TownsGENERAL SUPPORT | Cedarhurst, NY | $15K | 2023 |
| Emunah Of AmericaGENERAL SUPPORT | New York, NY | $7K | 2023 |
| Jewish Learning Institute IncGENERAL SUPPORT | Brooklyn, NY | $5K | 2023 |
| Associated Beth Rivka SchoolsGENERAL SUPPORT | Brooklyn, NY | $3K | 2023 |
| The Marion And Aaron Gural JccGENERAL SUPPORT | Cedarhurst, NY | $2K | 2023 |
| NcfjeGENERAL SUPPORT | Brooklyn, NY | $2K | 2023 |
| Sholom And Pessy Jacobs Family FoundationGENERAL SUPPORT | Cedarhurst, NY | $1K | 2023 |
| Crown Heights Community CouncilGENERAL SUPPORT | Brooklyn, FL | $1K | 2023 |
| Young Israel Of Deerfield BeachGENERAL SUPPORT | Deerfield Beach, FL | $762 | 2023 |
| Hatzalah Of Rockaways And Nassau CountyGENERAL SUPPORT | Far Rockaway, NY | $500 | 2023 |
| Rav ChesedGENERAL SUPPORT | Brooklyn, NY | $500 | 2023 |
| Hatzalah Of South FloridaGENERAL SUPPORT | Miami, FL | $500 | 2023 |
| Csttjc Go Kosher ProjectGENERAL SUPPORT | Brooklyn, NY | $450 | 2023 |
| Congregation Bnai IsraelGENERAL SUPPORT | Brooklyn, NY | $368 | 2023 |
| Chabad Of EmoryGENERAL SUPPORT | Atlanta, GA | $360 | 2023 |
| Rabbinical College Of CanadaGNEERAL SUPPORT | Montreal | $360 | 2023 |
| AtimeGENERAL SUPPORT | Brooklyn, NY | $260 | 2023 |
| Amit WomenGENERAL SUPPORT | New York, NY | $252 | 2023 |
| Chabad Of DoralGENERAL SUPPORT | Doral, FL | $250 | 2023 |
| Jep-LinageelaGENERAL SUPPORT | Lawrence, NY | $180 | 2023 |
| Yeshiva Darchei TorahGENERAL SUPPORT | Far Rockaway, NY | $180 | 2023 |
| Bikur Cholim Of Fr And 5tGENERAL SUPPORT | Lawrence, NY | $180 | 2023 |
| One Israel FundGENERAL SUPPORT | Cedarhurst, NY | $180 | 2023 |
| Community Chest Of South ShoreGENERAL SUPPORT | Cedarhurst, NY | $180 | 2023 |
| YachadGENERAL SUPPORT | New York, NY | $118 | 2023 |
| Kolel Shomrei HachomosGENERAL SUPPORT | Brooklyn, NY | $118 | 2023 |
| Leon Mayer FundGENERAL SUPPORT | Hewlett, NY | $100 | 2023 |
| Young Israel Of WoodmereGENERAL SUPPORT | Woodmere, NY | N/A | 2023 |
| Meaningful Life CenterGENERAL SUPPORT | Brooklyn, NY | $4K | 2022 |
| KulanuGENERAL SUPPORT | Cedarhurst, NY | $3K | 2022 |
| Aid L'ShalomGENERAL SUPPORT | Brooklyn, NY | $3K | 2022 |
| Kids Of CourageGENERAL SUPPORT | Cedarhurst, NY | $3K | 2022 |
| Devorah Scheiner'S Yom Tov FundGENERAL SUPPORT | Brooklyn, NY | $2K | 2022 |