Few threads shine as brightly in the vibrant tapestry of Brooklyn’s community life as the charitable efforts of Naftali Zanziper and his family foundation. The Naftali and Natalie Zanziper Foundation, firmly rooted in Brooklyn, NY, has emerged as a pivotal force in local philanthropy, demonstrating an unwavering commitment to uplifting community initiatives and institutions.
Since its inception, the foundation has made significant strides in charitable giving, with tax records revealing an impressive total of $3,304,909 distributed across just two grants. This substantial contribution underscores the Zanzipers’ dedication to creating meaningful change within their community. The foundation’s financial footprint is noteworthy, boasting total assets of $57,963 and a remarkable grant median of $1,952,396, illustrating both the scale and focused nature of their philanthropic endeavors.
The foundation’s giving pattern shows a consistent and growing commitment to charitable causes. In 2020, they distributed $1,352,513, with an increased contribution of $1,952,396 in 2021. This upward trajectory in giving reflects the foundation’s financial strength and signifies its expanding vision for community support and development.
At the helm of this charitable powerhouse are Naftali Zanziper and his wife Natalie, who serve as trustees, guiding the foundation’s mission and strategic direction. Their hands-on approach to philanthropy is evident in the foundation’s targeted giving, with all grants directed towards charitable purposes within Brooklyn. This localized focus allows the Zanzipers to directly and physically impact the community they call home.
The scope of the foundation’s charitable activities extends beyond mere financial contributions. Naftali Zanziper’s involvement in community initiatives is further exemplified by his support for local institutions such as Beis Medrash Makarov and Flatbush Hatzoloh. These organizations play vital roles in community welfare and emergency services, highlighting the Zanzipers’ commitment to addressing various community needs.
Beyond his philanthropic pursuits, Naftali Zanziper has demonstrated keen business acumen, particularly in real estate investments. His involvement with the Portopiccolo Group, a family office based in Englewood Cliffs, New Jersey, showcases a diverse portfolio spanning various sectors, including healthcare services, real estate, and strategic business investments. This multifaceted approach to business and philanthropy positions Zanziper as a critical figure bridging the commercial and charitable sectors.
The Portopiccolo Group’s recent acquisition of a multifamily property in Tarpon Springs for a substantial $41.6 million further illustrates the scale and scope of Zanziper’s business activities. This investment, encompassing 304 units at an approximate price of $136,743 per unit, demonstrates the group’s strategic approach to real estate and its potential for generating resources that can be channeled back into philanthropic efforts.
The Naftali And Natalie Zanziper Foundation’s tax-exempt status, granted in July 2021, places it in the category of private independent foundations focused on philanthropy, voluntarism, and grantmaking. This classification underscores the foundation’s commitment to structured and impactful giving, with donations to the organization being tax-deductible.
As the foundation grows and evolves, its impact on Brooklyn’s community fabric becomes increasingly significant. The Zanzipers’ approach to philanthropy, characterized by substantial, focused giving and a deep connection to local causes, sets a compelling example of how private wealth can be leveraged for the greater good of the community.
Naftali Zanziper’s role as a philanthropist and business leader paints a picture of a multifaceted individual deeply invested in improving his community. Through the Naftali And Natalie Zanziper Foundation, he and his wife are making lasting contributions to Brooklyn’s charitable landscape, embodying the spirit of generosity and community engagement that defines authentic philanthropic leadership.
The Zanzipers’ efforts serve as a beacon of hope and a model for others to follow to create a more vibrant, supportive, and interconnected community. Their strategic approach to giving and business acumen demonstrate how thoughtful philanthropy can create ripple effects of positive change throughout a community.
As Brooklyn continues to evolve and face new challenges, the presence of dedicated philanthropists like Naftali Zanziper becomes ever more crucial. Their commitment to local causes and institutions helps the borough’s unique character and community spirit endure and thrive in the face of change. Through their foundation, the Zanzipers are not just giving back; they are actively shaping the future of Brooklyn, one grant at a time.