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Zestal Foundation Dtd December 31 2020 is a private corporation based in SCOTTSVILLE, VA. The foundation received its IRS ruling in 2021. The principal officer is Zestal Foundation. It holds total assets of $3M. Annual income is reported at $449K. 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 2021 to 2023. According to available records, Zestal Foundation Dtd December 31 2020 has made 5 grants totaling $130K, with a median grant of $10K. Annual giving has decreased from $100K in 2022 to $30K in 2023. Individual grants have ranged from $10K to $50K, with an average award of $26K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
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.
Zestal Foundation Dtd December 31 2020 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in VA.
Zestal Foundation Dtd December 31 2020 has distributed a total of $130K across 5 grants. The median grant size is $10K, with an average of $26K. Individual grants have ranged from $10K to $50K.
Zestal Foundation Dtd December 31 2020 typically selects its grantees rather than accepting unsolicited proposals.
Zestal Foundation Dtd December 31 2020 is headquartered in SCOTTSVILLE, VA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rupert De Vink | TRUSTEE | $0 | $0 | N/A |
| Catherine M De Vink | TRUSTEE | $0 | $0 | N/A |
Total Giving
$30K
Total Assets
$1.4M
Fair Market Value
$1.4M
Net Worth
$1.4M
Grants Paid
$30K
Contributions
$5K
Net Investment Income
$15K
Distribution Amount
$57K
Total: $1.4M
Total Grants
5
Total Giving
$130K
Average Grant
$26K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaHonor the Future campaign | Charlottesville, VA | $50K | 2022 |
| Boys And Girls ClubGENERAL USE OF THE DONEE | Charlottesville, VA | $10K | 2023 |
| Scottsville Fire DepartmentGENERAL USE OF DONEE | Scottsville, VA | $10K | 2023 |
| St Anne'S Belfield SchoolGENERAL USE OF DONEE | Charlottesville, VA | $10K | 2023 |