Pearle W & Martin M Silverstein Foundation
- Assets
- $816.3k
- Revenue
- $46.3k
- Investments
- $795.0k
- Employees
- 0
- Location
- Providence, RI
- Founding
- 05/1989
- Data as of
- 12/2022
- EIN
- 05-0442756
Organization Overview
Pearle W & Martin M Silverstein Foundation is located in Providence, RI. The organization was established in 1989. 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. Pearle W & Martin M Silverstein 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, Pearle W & Martin M Silverstein Foundation generated $46.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $141.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Pearle W & Martin M Silverstein Foundation has awarded 77 individual grants totaling $149,400. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,349 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,945 |
| Capital Gain Net Income | $20,945 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,783 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $34 |
| Taxes | $5,876 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,106 |
| Total operating and administrative expenses | $45,669 |
| Contributions, gifts, grants paid | $95,625 |
| Total expenses and disbursements | $141,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $21,339 |
| 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 | $513,900 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $816,307 |
| 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, Pearle W & Martin M Silverstein Foundation has awarded $95,625 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL RESCUE COMMITEE PURPOSE: GENERAL CHARITABLE ACTIVITIES | $500 |
HARVARD LAW SCHOOL PURPOSE: GENERAL CHARITABLE ACTIVITIES | $1,000 |
RHODE ISLAND BAR FOUNDATION PURPOSE: GENERAL CHARITABLE ACTIVITIES | $1,000 |
AMERICAN JEWISH JOINT DISTRIBUTION PURPOSE: GENERAL CHARITABLE ACTIVITIES | $2,500 |
PROJECT KESHER PURPOSE: GENERAL CHARITABLE ACTIVITIES | $2,500 |
BURBAGE THEATRE COMPANY PURPOSE: GENERAL CHARITABLE ACTIVITIES | $500 |