Feinstein Foundation Inc
- Assets
- $30.0m
- Revenue
- -$310.3k
- Investments
- $29.6m
- Employees
- 0
- Location
- Cranston, RI
- Founding
- 01/1992
- Data as of
- 12/2023
- EIN
- 22-3142312
Organization Overview
Feinstein Foundation Inc is located in Cranston, RI. The organization was established in 1992. 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. Feinstein 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPOWERING YOUNGSTERS TO REACH OUT TO HELP OTHERS AND TEACHING THEM THE IMPORTANCE OF COMPASSION AND CARING FOR THOSE IN NEED, SERVING 265 SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Shawn Feinstein Treasurer | 0 | $133,334 | |
Lily Diglio Cfo/coo | 0 | $58,154 | |
Leila Feinstein President/ce | 0 | $129,808 | |
Edward Walton Director | 0 | $0 | |
Reza Khoyi Director | 0 | $2,885 | |
Neal Manchester Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,030,487 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,361,826 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$310,339 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $387,104 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $100,560 |
| Interest | $8 |
| Taxes | $34,368 |
| Depreciation | $1,227 |
| Occupancy | $1,535 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $103,931 |
| Total operating and administrative expenses | $645,853 |
| Contributions, gifts, grants paid | $1,704,647 |
| Total expenses and disbursements | $2,350,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $357,090 |
| Net Accounts receivable | $11,164 |
| 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 | $2,000,000 |
| Net Land, buildings, and equipment | $77,134 |
| Other assets | $0 |
| Total assets | $30,048,657 |
| 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 | $49,379 |
| Total liabilities | $49,379 |