ZTM Foundation

Foundation · Grantmaker Lakewood, NJ EIN: 27-4373238

ZTM Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lakewood, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $452K in total assets. In 2024, it awarded 7 grants totaling $172K. Net investment income was $47K.

Key facts about ZTM Foundation

EIN: 27-4373238
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $171,568
Grants made (2024): 7
Average grant: $24,510
Median grant: $11,800
Total assets: $452,482
Primary geography: New Jersey (72% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who ZTM Foundation funds

By grant dollars, the top recipient states for ZTM Foundation's 7 itemized 2024 grants were New Jersey (72%) and New York (25%). The most frequent recipient cities were Lakewood, NJ (4 grants) and Brooklyn, NY (2 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (7 grants).

How ZTM Foundation gives

Giving fell 33% from 2021 to 2024. Method
In 2024 it paid out 747% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with ZTM Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$452K

-19.7% YoY

Annual Giving

$172K

-53.8% YoY

Grant Count

-61.1% YoY

Avg Grant Size

$25K

+18.8% YoY

Under IRS private-foundation payout rules, ZTM Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About ZTM Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $124K (72%)

New York $43K (25%)

Pennsylvania $5K (3%)

Share of all 7 itemized 2024 grant dollars.

States

California Illinois New Jersey New York Pennsylvania

Cities

LakewoodBrooklynPhiladelphiaChicagoJacksonLos AngelesNew YorkBrookynLawrenceMonsey

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$452,482	$563,706	$846,752
Revenue	$62,318	$92,038	$96,324
Expenses	$172,941	$375,723	$400,030
Qualifying Distributions	$171,598	$373,137	$396,483
Net Investment Income	$47,203	$70,652	$75,526
Distributable Amount	$22,964	$23,621	$49,465

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

92 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Various Charitable Organizations ($89,203), Torah Center for Higher Rabbinical ($32,500), The Donors Fund ($18,065).

Recipient	Purpose	Amount
VARIOUS CHARITABLE ORGANIZATIONS Lakewood, NJ	CHARITABLE	$89,203
TORAH CENTER FOR HIGHER RABBINICAL Brooklyn, NY	CHARITABLE	$32,500
THE DONORS FUND Lakewood, NJ	CHARITABLE	$18,065
YESHIVA YESODEI HATORAH Lakewood, NJ	CHARITABLE	$11,800
PRESS FOUNDATION Brooklyn, NY	CHARITABLE	$10,000
CONG ZICHRON ARYEH LEIB Lakewood, NJ	CHARITABLE	$5,000
TALMUDICAL YESHIVA OF PHILADELPHIA Philadelphia, PA	CHARITABLE	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Joshua Teller	Trustee	3	—
Ducia Teller	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is ZTM Foundation?

ZTM Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lakewood, NJ. It holds $452K in total assets as of 2024.

How large is ZTM Foundation?

As of 2024, ZTM Foundation holds $452K in total assets with $62K in annual revenue. It awarded 7 grants totaling $172K in 2024.

Where does ZTM Foundation operate?

ZTM Foundation has awarded grants in California, Illinois, New Jersey, New York, Pennsylvania.

What size grants does ZTM Foundation award?

In 2024, ZTM Foundation awarded 7 grants totaling $172K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is ZTM Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, ZTM Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.