The Joseph And Bessie Feinberg Foundation
- Assets
- $22.9m
- Revenue
- -$2.4m
- Investments
- $21.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1969
- Data as of
- 12/2022
- EIN
- 23-7028857
Organization Overview
The Joseph And Bessie Feinberg Foundation is located in Chicago, IL. The organization was established in 1969. 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. Joseph And Bessie Feinberg Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Joseph And Bessie Feinberg Foundation has awarded 390 individual grants totaling $11,251,695. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janice Feinberg President, Asst Sec, Treas | 30 | $0 | |
Joseph Feinberg Vice President & Secretary | 4 | $0 | |
Rhonda Feinberg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $260,018 |
| Dividends & Interest | $84,301 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,766,963 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,647 |
| Total Revenue | -$2,414,997 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $93 |
| Taxes | $18,035 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $909 |
| Printing and publications | $0 |
| Other expenses | $703,716 |
| Total operating and administrative expenses | $826,837 |
| Contributions, gifts, grants paid | $3,533,540 |
| Total expenses and disbursements | $4,360,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,618,982 |
| 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 | $1,818,099 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $125,419 |
| Total assets | $22,905,881 |
| 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, The Joseph And Bessie Feinberg Foundation has awarded $3,533,540 in support to 125 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS BOOKS PURPOSE: GENERAL UNRESTRICTED, EXEMPT PURPOSE OF ORGANIZATION | $25,000 |
AFTER SCHOOL MATTERS PURPOSE: GENERAL UNRESTRICTED, EXEMPT PURPOSE OF ORGANIZATION | $25,000 |
ALBANY PARK THEATER PROJECT PURPOSE: GENERAL UNRESTRICTED, EXEMPT PURPOSE OF ORGANIZATION | $5,000 |
ASSOCIATION FOR PROFESSIONAL DOG TRAINERS FOUNDATION PURPOSE: GENERAL UNRESTRICTED, EXEMPT PURPOSE OF ORGANIZATION | $15,000 |
BETTER GOVERNMENT ASSOCIATION PURPOSE: GENERAL UNRESTRICTED, EXEMPT PURPOSE OF ORGANIZATION | $100,000 |
BLOCK CLUB CHICAGO PURPOSE: GENERAL UNRESTRICTED, EXEMPT PURPOSE OF ORGANIZATION | $25,000 |