Fimf Inc
- Assets
- $27.6m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 13-4072661
Organization Overview
Fimf Inc is located in New York, NY. 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. Fimf 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 12/2021, Fimf Inc generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fimf Inc has awarded 69 individual grants totaling $5,306,888. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
B Gloznek Assistant Secretary | 0 | $0 | |
W Stern Director | 0 | $0 | |
R Kanner Director | 0 | $0 | |
S Wexner Pres, Secy, Treas, Dir | 0 | $0 | |
G Levy Director | 0 | $0 | |
R Agus Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24 |
| Dividends & Interest | $662,423 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $943,953 |
| Capital Gain Net Income | $943,953 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $134,106 |
| Total Revenue | $1,740,506 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4,053 |
| Taxes | $53,048 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $134,522 |
| Total operating and administrative expenses | $199,597 |
| Contributions, gifts, grants paid | $1,801,749 |
| Total expenses and disbursements | $2,001,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $56,610 |
| Net Accounts receivable | $130,232 |
| 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 | $27,405,787 |
| Total assets | $27,592,629 |
| Accounts payable and accrued expenses | $618 |
| 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 | $618 |
Grants Awarded
Over the last fiscal year, Fimf Inc has awarded $1,901,482 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
HEICHAL HATORAH PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $5,250 |
BETH DIN OF THE UNITED STATES OF AMERICA INC PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $5,000 |
FOUNDATION FOR JEWISH CAMP PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S EDUCATIONAL AND RELIGIOUS PROGRAMMING. | $72,431 |
CHICAGO RABBINICAL COUNCIL INC PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $2,500 |
RIVERDALE JEWISH CENTER PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $7,500 |
YIVO INSTITUTE FOR JEWISH RESEARCH INC PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S DIGITIZATION OF ORE-WAR ARCHIVES AND LIABRARY ON ITS WEBISTE. | $20,000 |