Nonprofits/Organizations/51-0599051
Active
501(c)(3)
T30 · Philanthropy, Voluntarism & Grantmaking
Form 990-EZ

The Ziff Heritage Foundation

EIN 51-0599051NEW YORK, NY 100221302WebsiteIRS Tax Year 2023 · Period ending June 30, 2024
Mission Statement

SUPPORTS THE MISSION OF UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK, INC., (UJA-FEDERATION OF NEW YORK).

IRS Tax Year 2023

Period ending June 30, 2024

Tax year 2024 filing not yet available. This is the most recent filing on record.

Total Revenue

$0

Total Expenses

$1K

0%YoY

Net Assets

$73K

+6.7%YoY

Employees

Grants Paid

$1K

Program Expense Ratio

95.2%

This nonprofit profile presents IRS Form 990-EZ tax filing data for The Ziff Heritage Foundation (EIN: 51-0599051), based on the 2023 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information. All figures are reported in USD as filed.

Chat with The Ziff Heritage Foundation's data & any nonprofit

Coming Soon

Compare organizations, analyze trends, and ask questions about The Ziff Heritage Foundation's finances, compensation, and programs — or any other nonprofit — using our AI-powered research assistant.

Join Waitlist
RoundPaper IndicatorsTax Year 2023

Financial Health

Program spending ratio of 95.2% — excellent
839.5 months of operating reserves — strong cushion
Expenses decreased 0% year-over-year

Transparency

Conflict of interest policy not adopted
Whistleblower policy not in place
Financial statements not audited

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
95.2% of spending goes to programs
No programs generate independent revenue
$1K in grants paid to other organizations

Financial Stability

Debt-to-asset ratio of 1.3% — low leverage
850.9 months cash runway — well positioned
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

The Ziff Heritage Foundation is a 501(c)(3) nonprofit headquartered in NEW YORK, NY. It is classified under NTEE code T30 (Public Foundations), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2007. In its 2023 filing, the organization reported $0 in total revenue, and $1K in total expenses. The organization runs 1 program, totaling $1K in program expenses. 0 of 6 recommended governance policies are in place.

The Ziff Heritage Foundation is classified under NTEE code T30 (Public Foundations), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 17.

Programs(Tax Year 2023)

1 record

Programs Overview

The Ziff Heritage Foundation operates 1 program, with total program expenses of $1K. The Ziff Heritage Foundation's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $1,000

GRANT IS MADE TO UJA-FEDERATION OF NEW YORK IN FURTHERANCE OF UJA-FEDERATION OF NEW YORK'S CHARITABLE PURPOSES.

Financial Overview(Tax Years 2020–2023)

4 records

Financial Highlights

Over the past 4 years, The Ziff Heritage Foundation's revenue has declined from $8K to $0, a 100.0% decrease. Program expenses represent 95% of total spending.

Net assets rose to $73K, up 6.7% from the prior year.

The Ziff Heritage Foundation distributed $1K in grants to other organizations and individuals, representing 95% of total expenses.

Over 4 filings from 2020–2023, The Ziff Heritage Foundation declined revenue from $8K to $0 (-100.0%) while maintaining a program expense ratio of 95%.

The Ziff Heritage Foundation holds $74K in total assets against $1K in liabilities (debt-to-asset ratio of 1%). The organization has 839.5 months of operating reserves. Cash and equivalents of $74K cover approximately 850.9 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2023$0$0$0$0$0
2022$0$0$0$0$0
2021$5K$0$0$0$595
2020$8K$0$0$0$659

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2023$1K$1K$0$0$1K
2022$1K$1K$0$0$1K
2021$15K$15K$0$0$15K
2020$16K$15K$0$0$15K

Program Expense Ratio

95.2%

Admin Expense Ratio

0.0%

Fundraising Efficiency

Operating Reserve

839.5 mo

People & Compensation(Tax Year 2023)

5 records

Compensation Summary

The Ziff Heritage Foundation reported compensation for 5 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
SIMON ZIFFPRESIDENT/TRUSTEE
$0$0$0
STANLEY BAUMBLATTSECRETARY/TREASURER/TRUSTE
$0$0$0
WAYNE GOLDSTEINTRUSTEE
$0$0$0
WILLIAM D SAMERSTRUSTEE
$0$0$0
HOPE ZIFFTRUSTEE
$0$0$0

Governance & Compliance(Tax Year 2023)

Governance Snapshot

The Ziff Heritage Foundation has 0 of 6 recommended governance policies in place.

The Ziff Heritage Foundation does not have audited financial statements.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Filing History(Tax Years 2007–2023)

4 records

Showing the 4 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2023
990-EZ
2023-07-01 – 2024-06-30$0$1K$73K
2022
990-EZ
2022-07-01 – 2023-06-30$0$1K$69K
2021
990-EZ
2021-07-01 – 2022-06-30$5K$15K$65K
2020
990-EZ
2020-07-01 – 2021-06-30$8K$16K$88K
2007–2019No filings acquired yet

Frequently Asked Questions

What does The Ziff Heritage Foundation do?

SUPPORTS THE MISSION OF UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK, INC., (UJA-FEDERATION OF NEW YORK).

How much revenue does The Ziff Heritage Foundation have?

The Ziff Heritage Foundation reported $0 in total revenue for tax year 2023.

Who is the highest-paid executive at The Ziff Heritage Foundation?

SIMON ZIFF, PRESIDENT/TRUSTEE, received $0 in total compensation as of tax year 2023.

Is The Ziff Heritage Foundation a 501(c)(3)?

Yes, The Ziff Heritage Foundation is classified as a 501(c)(3) tax-exempt organization.

Where is The Ziff Heritage Foundation located?

The Ziff Heritage Foundation is headquartered in NEW YORK, NY 100221302.

What type of nonprofit is The Ziff Heritage Foundation?

The Ziff Heritage Foundation is classified under NTEE code T30 (Public Foundations), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.

Is The Ziff Heritage Foundation audited?

No, The Ziff Heritage Foundation does not currently have audited financial statements.

Does The Ziff Heritage Foundation give grants?

Yes, The Ziff Heritage Foundation distributed $1,000 in grants to other organizations and individuals in tax year 2023.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
Coming Soon

Ask anything about
any nonprofit

Get instant, data-backed answers about nonprofit compensation, financials, and trends. Join the waitlist for early access. Free tier included at launch.

Trusted by nonprofit professionals

3.6M+

IRS Filings

1.7M+

Organizations

28M+

Comp Records