Finninsula Foundation Inc
- Assets
- $429.8k
- Revenue
- $53.3k
- Investments
- $381.2k
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 01/2000
- Data as of
- 05/2024
- EIN
- 06-1560044
Organization Overview
Finninsula Foundation Inc is located in Greenwich, CT. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Finninsula Foundation Inc 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 05/2024, Finninsula Foundation Inc generated $53.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $38.9k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Finninsula Foundation Inc has awarded 232 individual grants totaling $377,914. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick W Finn President-Director | 1 | $0 | |
Virginia F Blechman Vice Pres-Director | 1 | $0 | |
Ted Sandler Sec/treas-Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,166 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,139 |
| Capital Gain Net Income | $44,139 |
| Net ST Capital Gain | $43,162 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $547 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $428 |
| Total operating and administrative expenses | $9,816 |
| Contributions, gifts, grants paid | $29,046 |
| Total expenses and disbursements | $38,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $48,600 |
| 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 | $429,799 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Finninsula Foundation Inc has awarded $29,046 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ST CHRISTOPHERS CHURCH PURPOSE: GENERAL CONTRIBUTION | $4,900 |
NEW MARKET SKILLS CENTER PURPOSE: GENERAL CONTRIBUTION | $2,500 |
OLYMPIA ROTARY FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $250 |
OLYMPIA ART SPACE ALLIANCE PURPOSE: GENERAL CONTRIBUTION | $250 |
COMMUNITY FOUNDATION OF SOUTH PUGET SOUND PURPOSE: GENERAL CONTRIBUTION | $2,000 |
SOUTH PUGET SOUND CC FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $1,000 |