Feinstein Family Fund
- Assets
- $2.6m
- Revenue
- $144.6k
- Investments
- $972.4k
- Employees
- 0
- Location
- Cranston, RI
- Founding
- 08/1999
- Data as of
- 12/2023
- EIN
- 05-0474981
Organization Overview
Feinstein Family Fund is located in Cranston, RI. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Feinstein Family Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Feinstein Family Fund generated $144.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $181.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Feinstein Family Fund has awarded 189 individual grants totaling $580,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE ACTIVITES CONSISTED OF DIRECT MONETARYCONTRIBUTIONS TO NUMEROUS EXEMPT PUBLIC INSTITUTIONSAND PRIVATE FOUNDATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Shawn Feinstein Treasurer | 0 | $0 | |
Lily Diglio CEO | 0 | $0 | |
Leila Feinsten President | 0 | $0 | |
Edward Walton Director | 0 | $0 | |
Christopher Costa Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $129,246 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,347 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $144,593 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,796 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,796 |
| Contributions, gifts, grants paid | $179,500 |
| Total expenses and disbursements | $181,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,667,632 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,640,006 |
| Accounts payable and accrued expenses | $1,796 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,796 |
Grants Awarded
Over the last fiscal year, Feinstein Family Fund has awarded $237,000 in support to 135 organizations.
| Grant Recipient | Amount |
|---|---|
FERRI MIDDLE SCHOOL PURPOSE: FURTHER FOUNDATION PURPOSE | $1,500 |
GAUDET LEARNING CENTER PURPOSE: FURTHER FOUNDATION PURPOSE | $1,500 |
GEORGE H POTTER SCHOOL PURPOSE: FURTHER FOUNDATION PURPOSE | $1,500 |
GEORGE J PETERS SCHOOL PURPOSE: FURTHER FOUNDATION PURPOSE | $1,500 |
GEORGE R MARTIN SCHOOL PURPOSE: FURTHER FOUNDATION PURPOSE | $1,500 |
GILBERT STUART SCHOOL PURPOSE: FURTHER FOUNDATION PURPOSE | $1,500 |