ZET Foundation
ZET Foundation is a private foundation, based in Cos Cob, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $204K in total assets. In 2024, it awarded 8 grants totaling $11K. Net investment income was $9K.
ZET Foundation at a glance
In short: ZET Foundation gave $11K across 8 grants in 2024 (avg $1K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $11,000
- +3.8% vs 2023
- Grants made (2024)
- 8
- +60.0% vs 2023
- Average grant
- $1,375
- -35.1% vs 2023
- Median grant
- $500
- Total assets
- $204,289
- -2.2% vs 2023
- Primary geography
- Minnesota (55% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who ZET Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Whole Womans Health ($6K). Together the top 8 received $11K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 35 grants of 35 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How ZET Foundation gives
- Giving grew 1367% from 2021 to 2024. Method
- In 2024 it paid out 115% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $750 (2021) to $11K (2022). In 2024 it made 8 grants totaling $11K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Whole Womans Health Bloomington, MN | Charitable | $6,000 |
| Neighbor to Neighbor Greenwich, CT | Charitable | $1,500 |
| Greenwich Alliance for Education Greenwich, CT | Charitable | $1,000 |
| Colby College Waterville, ME | Educational | $500 |
| Williams College Williamstown, MA | Educational | $500 |
| Tunnel to Towers Staten Island, NY | Charitable | $500 |
| Gary Sinise Foundation Nashville, TN | Charitable | $500 |
| Kids in Crisis Cos Cob, CT | Charitable | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $204,289 | $8,947 | $12,917 | $11,000 | 8 | $11,000 | $8,726 | $9,604 |
| 2023 | $208,948 | $30,685 | $12,466 | $10,600 | 5 | $10,600 | $8,157 | $9,592 |
| 2022 | $188,943 | $4,791 | $18,909 | $11,075 | 11 | $11,075 | $4,747 | $9,346 |
| 2021 | $202,069 | $-111 | $1,052 | $750 | 3 | $750 | — | $3,931 |
| 2020 | $59,085 | $-5,362 | $2,639 | $2,115 | 8 | — | — | $2,713 |
Under IRS private-foundation payout rules, ZET Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
ZET Foundation is led by H. Shepard Boone, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
H. Shepard Boone
President & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Jennifer Zachar Boone
V President & Secretary
Vice President & Secretary → V President & Secretary, 2022
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about ZET Foundation
How much does ZET Foundation give each year?
ZET Foundation gave $11K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11K across 5 grants.
What is ZET Foundation's typical grant size?
ZET Foundation's median grant in 2024 was $500, and its average grant was $1,375, across 8 grants on its 2024 IRS Form 990-PF.
Where does ZET Foundation give grants?
ZET Foundation gives mostly in Minnesota: 55% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Connecticut (27%). The most frequent recipient cities were Greenwich, CT (2 grants).
Does ZET Foundation give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on ZET Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (6 grants).
Who are ZET Foundation's largest grantees?
ZET Foundation's largest 2024 grantees include Whole Womans Health ($6,000), Neighbor to Neighbor ($1,500) and Greenwich Alliance for Education ($1,000), according to its 2024 IRS Form 990-PF. Together they received 77% of its itemized 2024 grant dollars.
How large is ZET Foundation?
ZET Foundation reported $204K in total assets on its 2024 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
What is ZET Foundation's EIN?
ZET Foundation's EIN (Employer Identification Number) is 20-5819853. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work ZET Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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