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Zoom Foundation is a private trust based in GREENWICH, CT. The foundation received its IRS ruling in 2001. The principal officer is % Cummings & Lockwood. It holds total assets of $1.3B. Annual income is reported at $477.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Zoom Foundation has made 7 grants totaling $275.1M, with a median grant of $58.5M. Annual giving has decreased from $89.9M in 2021 to $63.2M in 2024. Grantmaking activity was highest in 2023 with $122M distributed across 4 grants. Individual grants have ranged from $150K to $89.8M, with an average award of $39.3M. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Ohio and Connecticut and California. Contributions to this foundation are tax-deductible.
Zoom Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in OH, CT, CA.
Zoom Foundation has distributed a total of $275.1M across 7 grants. The median grant size is $58.5M, with an average of $39.3M. Individual grants have ranged from $150K to $89.8M.
Zoom Foundation typically selects its grantees rather than accepting unsolicited proposals.
Zoom Foundation is headquartered in GREENWICH, CT. While based in CT, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan Z Mandel | TRUSTEE | $0 | $0 | $0 |
| Stephen F Mandel Jr | TRUSTEE | $0 | $0 | $0 |
Total Giving
$70.2M
Total Assets
$840.9M
Fair Market Value
N/A
Net Worth
$840.9M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$92.3M
Distribution Amount
$63.3M
Total Grants
7
Total Giving
$275.1M
Average Grant
$39.3M
Median Grant
$58.5M
Unique Recipients
3
Most Common Grant
$2.5M
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Charitable Gift FundTO FUNDCHARITABLEPROGRAMS | Cincinnati, OH | $63.2M | 2024 |
| The Connecticut Project IncTO FUNDCHARITABLEPROGRAMS | Brifgeport, CT | $2.5M | 2023 |
| Social Impact FundTO FUNDCHARITABLEPROGRAMS | Los Angeles, CA | $150K | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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