The Fine & Greenwald Foundation
- Assets
- $56.3m
- Revenue
- $6.1m
- Investments
- $44.5m
- Employees
- 0
- Location
- Aventura, FL
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 24-1697726
Organization Overview
The Fine & Greenwald Foundation is located in Aventura, FL. The organization was established in 2006. 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. Fine & Greenwald Foundation 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 12/2022, Fine & Greenwald Foundation generated $6.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $4.6m during the year ending 12/2022. While expenses have increased by 15.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Fine & Greenwald Foundation has awarded 820 individual grants totaling $17,117,072. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Soffer President | 25 | $0 | |
Max Rappaport Director | 1 | $0 | |
Melissa Trenk Director | 2 | $0 | |
Izak Rappaport Director | 2 | $0 | |
Lauren Rappaport Director | 1 | $0 | |
Slater Ferguson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26,341 |
| Dividends & Interest | $660,737 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,281,140 |
| Capital Gain Net Income | $2,695,111 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $180,173 |
| Total Revenue | $6,148,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $23,007 |
| Taxes | $7,678 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $609,003 |
| Total operating and administrative expenses | $655,011 |
| Contributions, gifts, grants paid | $3,963,449 |
| Total expenses and disbursements | $4,618,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,095,419 |
| 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 | $27,671,437 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $762,910 |
| Total assets | $56,341,781 |
| Accounts payable and accrued expenses | $161 |
| 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 | $50 |
| Total liabilities | $211 |
Grants Awarded
Over the last fiscal year, The Fine & Greenwald Foundation has awarded $3,963,449 in support to 167 organizations.
| Grant Recipient | Amount |
|---|---|
350ORG PURPOSE: ENVIRONMENTAL | $75,000 |
7TH GENERATION FUND FOR INDIGENOUS PURPOSE: INDIGENOUS PEOPLES | $25,000 |
ACLU FOUNDATION PURPOSE: SOCIAL JUSTICE | $150,000 |
ACLU FOUNDATION OF FLORIDA PURPOSE: SOCIAL JUSTICE | $50,000 |
AMERICAN FRIENDS OF LEKET ISRAEL PURPOSE: FOOD INSECURITY | $10,000 |
AMERICAN FRINDS OF MAGEN DAVID ADOM PURPOSE: HEALTH & MEDICAL | $5,000 |