Zotec Foundation Inc

CARMEL, IN EIN: 83-3061527

Zotec Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 1 grants totaling $200K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15K

+311.3% YoY

Annual Giving

$200K

-51.5% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$200K

+93.9% YoY

Under IRS private-foundation payout rules, Zotec Foundation Inc reported a distributable amount of $163 for 2024 — the minimum it must pay out in qualifying distributions.

About Zotec Foundation Inc

Based on IRS filings

Zotec Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 1 grants totaling $200K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AtlantaAvonBatesvilleBaton RougeCaddo MillsCarmelCharlevoixClearwaterCrawfordsvilleDes MoinesFort WayneGreensburgHarrisburgIndianapolisJeffersonvilleManhattan BeachNew YorkNewarkPonte Vedra BeachWestfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$352K$704K$1M$1M20202021202220232024
Metric202420232022
Total Assets$14,806$3,600$36,100
Revenue$232,000$380,000$273,595
Expenses$220,794$412,500$338,270
Qualifying Distributions$220,794$412,500$338,270
Net Investment Income
Distributable Amount$163$634$1,299

Giving Over Time

Total grant dollars and number of grants per year

$0$293K$587K$880K$1M14 grants202034 grants20217 grants20224 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

FIRST TEE$200K

Grant Size Distribution

60 grants across all recorded years

44<$50K8$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Tee ($200,000).

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
T SCOTT LAWDIRECTOR AND PRESIDENT1
T SCOTT LAW JRDIRECTOR1
CORY LAWDIRECTOR1
LOU HOLTZDIRECTOR1
AIMEE HARVEYDIRECTOR1
DEAN BURGERDIRECTOR1
MARK ISENBERGDIRECTOR1
JOEY CAVANAUGHDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Zotec Foundation Inc?

Zotec Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. It holds $15K in total assets as of 2024.

How large is Zotec Foundation Inc?

As of 2024, Zotec Foundation Inc holds $15K in total assets with $232K in annual revenue. It awarded 1 grants totaling $200K in 2024.

Where does Zotec Foundation Inc operate?

Zotec Foundation Inc has awarded grants in California, Delaware, Florida, Georgia, Iowa, Indiana, Louisiana, Michigan, New York, Pennsylvania, Texas.

What size grants does Zotec Foundation Inc award?

In 2024, Zotec Foundation Inc awarded 1 grants totaling $200K — an average of about $200K per grant, based on its IRS Form 990 filings.

How much is Zotec Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Zotec Foundation Inc reported a distributable amount of $163 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Zotec Foundation Inc's EIN?

Zotec Foundation Inc's EIN (Employer Identification Number) is 83-3061527. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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