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Zarb Family Fund Inc. is a private corporation based in ALBANY, NY. The foundation received its IRS ruling in 1997. The principal officer is Gs Wealth Services. It holds total assets of $527K. Annual income is reported at $1.6M. Total assets have decreased from $1.5M in 2011 to $441K in 2023. The foundation is governed by 2 officers and trustees. The foundation is not involved in any charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt under irc section 501(c)(3). According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Zarb Family Fund Inc. has made 25 grants totaling $1.6M, with a median grant of $50K. The foundation has distributed between $751K and $806K annually from 2022 to 2023. Individual grants have ranged from $100 to $550K, with an average award of $62K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New York, Minnesota, Florida, which account for 80% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
The foundation is not involved in any charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt under irc section 501(c)(3).
The foundation is not involved in any charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt under irc section 501(c)(3). Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in NY, MN, FL.
Zarb Family Fund Inc. has distributed a total of $1.6M across 25 grants. The median grant size is $50K, with an average of $62K. Individual grants have ranged from $100 to $550K.
Zarb Family Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Zarb Family Fund Inc. is headquartered in ALBANY, NY. While based in NY, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank G Zarb | VICE PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Frank G Zarb Jr | SECRETARY/TREASURER/director | $0 | $0 | N/A |
Total Giving
$819K
Total Assets
$441K
Fair Market Value
$1.2M
Net Worth
$441K
Grants Paid
$806K
Contributions
$201K
Net Investment Income
$28K
Distribution Amount
$68K
Total Grants
25
Total Giving
$1.6M
Average Grant
$62K
Median Grant
$50K
Unique Recipients
13
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ListGENERAL PURPOSE | Albany, NY | $550K | 2023 |
| Order Of Malta American AssociationGENERAL CHARITABLE PURPOSES | New York, NY | $100K | 2023 |
| Tunnel To Towers FoundationGENERAL CHARITABLE PURPOSES | Staten Island, NY | $50K | 2023 |
| New York University Langone HealthGENERAL CHARITABLE PURPOSES | New York, NY | $50K | 2023 |
| American Society For The Prevention Of Cruelty ToGENERAL CHARITABLE PURPOSES | New York, NY | $40K | 2023 |
| Samaritan'S Purse TreasurersGENERAL PURPOSE | Boone, NC | $15K | 2023 |
| Feeding AmericaGENERAL PURPOSE | Chicago, IL | $500 | 2023 |
| Operation SmileGENERAL PURPOSE | Virginia Bch, VA | $250 | 2023 |
| Wounded WarriorGENERAL PURPOSE | Jacksonville, FL | $100 | 2023 |
| Mayo ClinicGENERAL CHARITABLE PURPOSES | Rochester, MN | $50K | 2022 |
| Shriners Hospitals For ChildrenGENERAL CHARITABLE PURPOSES | Tampa, FL | $50K | 2022 |
| St Jude Children'S Research Hospital IncGENERAL CHARITABLE PURPOSES | Memphis, TN | $50K | 2022 |
| Hofstra UniversityGENERAL CHARITABLE PURPOSES | Hempstead, NY | $50K | 2022 |