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Zg Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $2.7M. Annual income is reported at $44K. The foundation is governed by 1 officer or trustee. 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, Zg Foundation has made 9 grants totaling $97K, with a median grant of $10K. Annual giving has decreased from $71K in 2022 to $26K in 2023. Individual grants have ranged from $500 to $25K, with an average award of $11K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Colorado and Maryland and Missouri. 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.
Zg Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in CO, MD, MO.
Zg Foundation has distributed a total of $97K across 9 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $500 to $25K.
Zg Foundation typically selects its grantees rather than accepting unsolicited proposals.
Zg Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alex Sasha Shtern | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
$42K
Total Assets
$2.7M
Fair Market Value
$1.6M
Net Worth
$2.7M
Grants Paid
$26K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$44K
Total Grants
9
Total Giving
$97K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stand Together TrustGeneral & Unrestricted | Baltimore, MD | $25K | 2023 |
| First DescentsCharitable Event | Denver, CO | $500 | 2023 |
| Jewish Center-Chabad Of Northwest Metro Denver IncGeneral & Unrestricted | Westminster, CO | $500 | 2023 |
| Space For HumanityGeneral & Unrestricted | Denver, CO | $20K | 2022 |
| Youth On RecordGeneral & Unrestricted | Denver, CO | $10K | 2022 |
| Pkd FoundationCharitable Event | Kansas City, MO | $5K | 2022 |