Zausmer Foundation FY2023 filing

Tax-deductible

Philadelphia, PA501(c)(3)Foundations & Grantmakers EIN 25-6688717Revenue $47K in FY2023

On file with the IRSB Rosenfield 1650 Market St 1200, 19103-0000 · Philadelphia, PATax-exempt since May 2000Private non-operating foundation

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2023 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $41K a year · 47% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
990-PF Pt I · 6 filings
9 mo
of spending, in cash
Looks good: 8.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$47K
+63% vs prior year
Spent
$169K
Net assets
$669K
By yearFY2020–FY2025
Revenue
$47K
FY2023▲ +63%
Tap a bar for its year
Revenue by fiscal year
FY2020$55K
FY2021$211K
FY2022$29K
FY2023$47K
FY2024$90K
FY2025$87K
Expenses
$169K
FY2023▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2020$139K
FY2021$77K
FY2022$120K
FY2023$169K
FY2024$144K
FY2025$112K
Net assets
$669K
FY2023▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020$751K
FY2021$884K
FY2022$792K
FY2023$669K
FY2024$616K
FY2025$590K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 95% · $161K Operating & administrative 5% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

1 person listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See Zausmer Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Programs and updates

A private foundation based in Philadelphia, PA.

Questions for Zausmer Foundation

Tap to ask. Zausmer Foundation sees how many people are interested.

Your first name shows with your question. Zausmer Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 13 grants · $103K · 2025–2025
Individual RecipientFY2025$20,000
Individual RecipientFY2025$20,000
Individual RecipientFY2025$20,000
Pennsylvania Innocence ProjectFY2025$10,000
Pennsylvania Academy of the Fine Arts (pafa)FY2025$10,000
Museum of the American RevolutionFY2025$10,000
Settlement Music SchoolFY2025$3,500
Settlement Music SchoolFY2025$2,500
KleinlifeFY2025$2,500
Revive South Jersey Scholarship FundFY2025$1,500
Settlement Music SchoolFY2025$1,000
Leukemia and Lymphoma SocietyFY2025$1,000
Auditory Oral School of New YorkFY2025$1,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$8K
Median grantPart XV$4K
Largest grantPart XV$20K

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$47K
Investment income$47K
Money out
$169K
Grants paid$161K
Running costs$8K
Owns and owes
$669K
net assets
Cash and savings$122K
Total assets$669K
Liabilities$0
People
1
listed
Paid0
2In more detail
Revenue in detail
Investment income$47K
Total revenue$47K
Assets in detailEnd of year
Cash and savings together$122K
Total assets$669K
Liabilities$0
Net assets$669K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $87K$112K−$26K$590K 990 PDF
FY2024 $90K$144K−$53K$616K 990 PDF
FY2023 Viewing $47K$169K−$123K$669K 990 PDF
FY2022 $29K$120K−$91K$792K 990 PDF
FY2021 $211K$77K$133K$884K 990 PDF
FY2020 $55K$139K−$84K$751K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.