The Steve And Linda Finerty Family Foundation
- Assets
- $3.3m
- Revenue
- $2.0m
- Investments
- $3.1m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 43-1867107
Organization Overview
The Steve And Linda Finerty Family Foundation is located in St Louis, MO. 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. Steve And Linda Finerty Family 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 12/2021, Steve And Linda Finerty Family Foundation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 67.9% each year . All expenses for the organization totaled $597.5k during the year ending 12/2021. While expenses have increased by 16.2% per year over the past 4 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 2020, Steve And Linda Finerty Family Foundation has awarded 128 individual grants totaling $1,487,282. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. LOUIS SYMPHONY
ST. LOUIS MUNICIPAL OPERA
WEBSTER ARTS
ST. LOUIS ZOO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Finerty Trustee | 0.5 | $0 | |
Steven Finerty Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $778,418 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,027 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,193,365 |
| Capital Gain Net Income | $1,193,365 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,014,810 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,958 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $24,958 |
| Contributions, gifts, grants paid | $572,510 |
| Total expenses and disbursements | $597,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,497 |
| 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 | $3,319,922 |
| 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 Steve And Linda Finerty Family Foundation has awarded $572,510 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
ST LOUIS SYMPHONY PURPOSE: OPERATING FUNDS | $202,500 |
ST LOUIS MUNICIPAL OPERA PURPOSE: OPERATING FUNDS | $60,000 |
WEBSTER ARTS PURPOSE: OPERATING FUNDS | $60,000 |
ST LOUIS ZOO PURPOSE: OPERATING FUNDS | $30,000 |
SITEMAN CENTER BARNES JEWISH HOSPITAL PURPOSE: OPERATING FUNDS | $26,000 |
St Louis, MO PURPOSE: OPERATING FUNDS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |