In the dynamic world of healthcare investment and charitable giving, few names stand out as prominently as Naftali Zanziper. As a key figure in 980 Investments, Zanziper and his partner Simcha Hyman have established a formidable presence in the healthcare sector while simultaneously making significant strides in philanthropy through the Naftali and Natalie Zanziper Foundation.
980 Investments, under the stewardship of Zanziper and Hyman, has emerged as a powerhouse in the healthcare industry. The company’s portfolio is nothing short of impressive, boasting ownership of over 200 facilities and more than 22,500 beds across at least 13 states. This expansive network is managed through 16 distinct management companies, highlighting the scale and complexity of their operations.
The recent acquisition in Monticello, Kentucky, is a prime example of 980 Investments’ strategic growth approach. This deal, facilitated through a stock purchase of a third-party LLC, demonstrates the company’s agility in seizing market opportunities. The 59-bed licensed facility property represents just one piece of the giant puzzle in 980 Investments’ ever-expanding portfolio.
What sets Naftali Zanziper and his partner apart is the scale of their operations and the financial prowess backing their ventures. With a combined net worth of $1.45 billion, assets totaling $3.42 billion, and liquidity of $81.9 million, Zanziper and Hyman possess the financial clout to make significant moves in the healthcare real estate market. This economic strength allows them to pursue ambitious projects and weather market fluctuations confidently.
The Monticello acquisition, financed with a $3,678,887 loan, showcases the company’s smart leveraging of assets. With a loan-to-value ratio of 65% based on the “as is” value and an even more conservative 53.7% based on the “as stabilized” value, it’s clear that Zanziper and his team are making calculated investments with significant upside potential.
But Naftali Zanziper’s influence extends beyond the realm of business. The Naftali and Natalie Zanziper Foundation, established in Brooklyn, NY, has become a significant force in philanthropy. Since gaining tax-exempt status in July 2021, the foundation has made substantial contributions to charitable causes. In 2023 alone, the foundation reported revenue of $2.12 million and expenses of $2.02 million, indicating a high level of charitable activity.
The foundation’s approach to giving is both generous and strategic. Over the past few years, it has funded two grants totaling an impressive $3,304,909. These grants, while substantial, are carefully managed within the foundation’s financial framework. With total assets of $99.1 thousand and zero liabilities as of 2023, the foundation maintains a lean and efficient operation, maximizing the impact of every dollar donated.
Interestingly, the foundation’s giving often exceeds its asset base, suggesting a model of active philanthropy where funds are quickly deployed to causes rather than accumulated. This approach aligns with the dynamic and impactful style that Zanziper brings to his business ventures.
The Zanziper Foundation’s geographic focus appears to be primarily in Brooklyn, with both reported grants directed to recipients in the area. This local focus allows for a more direct and visible impact on the community, reflecting a commitment to giving back to the area where the foundation is based.
As trustees of the foundation, Naftali and Natalie Zanziper actively guide its charitable activities. Their hands-on approach ensures that the foundation’s giving aligns closely with their values and vision for community support.
In conclusion, Naftali Zanziper emerges as a multifaceted figure in today’s business and philanthropic landscape. His success in healthcare investment through 980 Investments is matched by his commitment to charitable giving via the Zanziper Foundation. This dual focus on business acumen and social responsibility positions Zanziper as a model for modern entrepreneurs who seek to balance profitable ventures with meaningful community impact. As 980 Investments and the Zanziper Foundation grow, their influence on the healthcare sector and charitable giving in Brooklyn will likely expand, further cementing Naftali Zanziper’s legacy as a business leader and philanthropist.