George R And Elise M Fink Foundation
- Assets
- $1.4m
- Revenue
- $492.3k
- Investments
- $1.3m
- Employees
- 0
- Location
- Grosse Pointe, MI
- Founding
- 03/1956
- Data as of
- 11/2023
- EIN
- 38-6059952
Organization Overview
George R And Elise M Fink Foundation is located in Grosse Pointe, MI. The organization was established in 1956. 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. George R And Elise M Fink 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 11/2023, George R And Elise M Fink Foundation generated $492.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $162.3k during the year ending 11/2023. While expenses have increased by 2.4% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn C Schneider President | 1 | $0 | |
John M Fink Vice President | 0.25 | $0 | |
Christina Fink Secretarytreasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,306 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $435,010 |
| Capital Gain Net Income | $435,010 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $492,316 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,684 |
| Depreciation | $0 |
| Occupancy | $6,312 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,417 |
| Total operating and administrative expenses | $37,818 |
| Contributions, gifts, grants paid | $124,500 |
| Total expenses and disbursements | $162,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,883 |
| Savings and temporary cash investments | $62,533 |
| 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 | $1,410,518 |
| 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, George R And Elise M Fink Foundation has awarded $112,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNCASHED CHECK - SALVATION ARMY PURPOSE: FOR CHARITABLE PURPOSES | -$3,000 |
SCHEDULE ATTACHED PURPOSE: SUPPORT CHARITABLE PURPOSES | $115,750 |