Feinstein Family Fund
- Assets
- $3.2m
- Revenue
- $460.5k
- Investments
- $2.7m
- Employees
- 0
- Location
- Cranston, RI
- Founding
- 08/1999
- Data as of
- 12/2021
- 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 12/2021, Feinstein Family Fund generated $460.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.3% each year . All expenses for the organization totaled $244.3k during the year ending 12/2021. 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
2021
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 |
|---|---|---|---|
Lily Diglio Director | 0 | $0 | |
Ari Feinstein Vice Preside | 0 | $0 | |
Edward Walton Director | 0 | $0 | |
Alan Shawn Feinstein President/tr | 0 | $0 | |
Leila Feinsten CEO | 0 | $0 | |
Christopher Costa Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $155,556 |
| Dividends & Interest | $10,738 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $296,347 |
| Capital Gain Net Income | $296,347 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$2,189 |
| Total Revenue | $460,452 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,293 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $7,343 |
| Contributions, gifts, grants paid | $237,000 |
| Total expenses and disbursements | $244,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $537,099 |
| 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 | $3,207,622 |
| Accounts payable and accrued expenses | $192,598 |
| 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 | $192,598 |
Grants Awarded
Over the last fiscal year, Feinstein Family Fund has awarded $237,000 in support to 135 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOSEPHS PURPOSE: FURTHER FOUNDATION PURPOSE | $3,500 |
ST JOHN SCHOOL PURPOSE: FURTHER FOUNDATION PURPOSE | $3,500 |
ST PETER PURPOSE: FURTHER FOUNDATION PURPOSE | $3,500 |
TIVERTON MIDDLE SCHOOL PURPOSE: FURTHUR FOUNDATION PURPOSE | $3,500 |
TIOGUE SCHOOL PURPOSE: FURTHER FOUNDATION PURPOSE | $3,500 |
ST MARYS PURPOSE: FUTHER FOUNDATION PURPOSE | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dimock Community Foundation Inc Roxbury, MA | $0 | $29,896,865 |
Dentaquest Care Group Inc Boston, MA | $2,518,678 | $0 |
Knights Of Columbus Charities Usa Inc New Haven, CT | $92,663,013 | $7,484,954 |
Cfleads Accord, MA | $11,022,103 | $9,422,261 |
The American University Of Greece Foundation Boston, MA | $302,640,728 | $21,990,512 |
Kipp Lynn Fund Inc Lynn, MA | $79,635,466 | $3,076,776 |
Mghpcc Holyoke Inc Holyoke, MA | $56,507,335 | $145,504 |
Mussafer Fam Foundation Boston, MA | $59,912,129 | $40,514,877 |
Downcity Partnership Inc Providence, RI | $5,049,682 | $274,748 |
Pioneer Valley Chinese Immersion Charter School Educational Foundat Hadley, MA | $11,207,489 | $729,019 |
Friends Of The Levitt Pavilion Inc Westport, CT | $1,013,121 | $914,784 |
Utec Hub Inc Lowell, MA | $5,570,123 | $398,705 |