Fine Family Foundation Inc
- Assets
- $745.6k
- Revenue
- $216.1k
- Investments
- $742.7k
- Employees
- 0
- Location
- Bergenfield, NJ
- Founding
- 01/1997
- Data as of
- 11/2023
- EIN
- 31-1487956
Organization Overview
Fine Family Foundation Inc is located in Bergenfield, NJ. The organization was established in 1997. 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 Family 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 11/2023, Fine Family Foundation Inc generated $216.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $367.7k during the year ending 11/2023. While expenses have increased by 17.8% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Fine President | 0 | $0 | |
Rebecca Fine Sec/tres/tru | 0 | $0 | |
Adam E Fine Trustee | 0 | $0 | |
David S Fine Trustee | 0 | $0 | |
Dana Fine Trustee | 0 | $0 | |
Julie Fine Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,500 |
| Interest on Savings | $434 |
| Dividends & Interest | $38,260 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $160,593 |
| Capital Gain Net Income | $1,980 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,326 |
| Total Revenue | $216,113 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,196 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,496 |
| Total operating and administrative expenses | $6,692 |
| Contributions, gifts, grants paid | $361,050 |
| Total expenses and disbursements | $367,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,962 |
| 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 | $745,639 |
| 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, Fine Family Foundation Inc has awarded $112,056 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ABUNDANCE FARM PURPOSE: GENERAL FUND | $1,000 |
AMERICAN FRIENDS OF ERTZ CHEMDE PURPOSE: GENERAL FUND | $5,000 |
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY INC PURPOSE: GENERAL FUND | $5,000 |
CENTRAL FUND OF ISRAEL PURPOSE: GENERAL FUND | $20,000 |
CHABAD OF THE SHORE PURPOSE: GENERAL FUND | $1,800 |
CHABAD SYNAGOGUE PURPOSE: GENERAL FUND | $1,000 |