The Mike & Linda Fiterman Family Foundation

Organization Overview

The Mike & Linda Fiterman Family Foundation is located in Minneapolis, MN. The organization was established in 1967. 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. Mike & Linda Fiterman Family 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 05/2022, Mike & Linda Fiterman Family Foundation generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $2.1m during the year ending 05/2022. While expenses have increased by 20.8% per year over the past 4 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, Mike & Linda Fiterman Family Foundation has awarded 304 individual grants totaling $3,566,950. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,700,000
Interest on Savings $110,339
Dividends & Interest $329,145
Net Rental Income$123,471
Net Gain on Sale of Assets $1,752,133
Capital Gain Net Income $1,752,133
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $5,015,088

Grants Awarded

Over the last fiscal year, The Mike & Linda Fiterman Family Foundation has awarded $1,746,150 in support to 108 organizations.

Grant RecipientAmount

MINNEAPOLIS JEWISH FEDERATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: PUBLIC SUPPORT

$426,000

UNITED WAY - GREATER TWIN CITIES

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: PUBLIC SUPPORT

$190,000

Duarte, CA

PURPOSE: PUBLIC SUPPORT

$125,000

UNIVERSITY OF MINNESOTA FOUNDATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: PUBLIC SUPPORT

$121,000

COMMUNITY HEALTH CHARITIES MINNESOTA

Org PageRecipient Profile

Alexandria, VA

PURPOSE: PUBLIC SUPPORT

$100,000

CHABAD CENTER FOR JEWISH LIFE

PURPOSE: PUBLIC SUPPORT

$100,000
View Grant Profile

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