Six String Giving Foundation
- Assets
- $10.7m
- Revenue
- $8.9m
- Investments
- $10.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2022
- EIN
- 87-2664106
Organization Overview
Six String Giving Foundation is located in Wilmington, DE. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Six String Giving 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, Six String Giving Foundation generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 72.1% each year . All expenses for the organization totaled $823.8k during the year ending 12/2022. While expenses have increased by 61.3% per year over the past 2 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 2021, Six String Giving Foundation has awarded 17 individual grants totaling $1,086,000. 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 |
|---|---|---|---|
David Kroin Dir | 2 | $0 | |
Michelle Kroin Dir, Pres | 20 | $0 | |
Nir Messafi Sec, Treas | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,180,453 |
| Interest on Savings | $85 |
| Dividends & Interest | $54,059 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$371,593 |
| Capital Gain Net Income | $343,089 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,863,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,211 |
| Total operating and administrative expenses | $48,803 |
| Contributions, gifts, grants paid | $775,000 |
| Total expenses and disbursements | $823,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $78,976 |
| 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 | $10,715,310 |
| 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, Six String Giving Foundation has awarded $775,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CANCER SUPPORT TEAM INC PURPOSE: GENERAL & UNRESTRICTED | $65,000 |
DANA FARBER CANCER INSTITUTE INC PURPOSE: MULTIPLE MYELOMA PROGRAM | $25,000 |
DOMUS KIDS INC PURPOSE: INVICTUS RE-ENTRY PROGRAM | $25,000 |
EXPERIENCE CAMPS PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
FIDELITY INVESTMENTS CHARITABLE GIFT FUND PURPOSE: GENERAL & UNRESTRICTED | $410,000 |
MINDS MATTER PURPOSE: GENERAL & UNRESTRICTED | $65,000 |