Fineberg Foundation
- Assets
- $29.5m
- Revenue
- $637.2k
- Investments
- $28.6m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/2011
- Data as of
- 12/2023
- EIN
- 27-6816503
Organization Overview
Fineberg Foundation is located in Los Angeles, CA. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Fineberg 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 12/2023, Fineberg Foundation generated $637.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fineberg Foundation has awarded 102 individual grants totaling $11,714,104. 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 |
|---|---|---|---|
Rodney Chase Trustee | 3 | $160,000 | |
Harvey Glasner Trustee | 1 | $53,334 | |
Malka Stromer Trustee | 1 | $53,333 | |
Ian Glasner Trustee | 1 | $53,333 | |
Mark Chase Trustee | 0 | $0 | |
Michael Chase Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $703,822 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$67,441 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $14,630 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $866 |
| Total Revenue | $637,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $320,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $107,999 |
| Total operating and administrative expenses | $507,919 |
| Contributions, gifts, grants paid | $1,002,300 |
| Total expenses and disbursements | $1,510,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $804,082 |
| 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 | $12,685,389 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $67,879 |
| Total assets | $29,515,637 |
| 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, Fineberg Foundation has awarded $1,002,300 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FEDERATION PURPOSE: COMMUNITY BENEFIT | $200,000 |
THE YOUNG EISNER SCHOLARS PURPOSE: EDUCATION | $150,000 |
THE UCLA FOUNDATION PURPOSE: EDUCATIONAL | $11,300 |
JEWISH NATIONAL FUND PURPOSE: COMMUNITY BENEFIT | $250,000 |
FEDERATION OF JEWISH COMMUNITIES OF PURPOSE: VETERANS SERVICE | $5,000 |
HIRSHBERG FOUNDATION PURPOSE: RESEARCH | $75,000 |