Fradin Silberstein Foundation
- Assets
- $366.9k
- Revenue
- $10.4k
- Investments
- $348.2k
- Employees
- 0
- Location
- Chestnut Hill, MA
- Founding
- 09/2012
- Data as of
- 12/2023
- EIN
- 46-6171539
Organization Overview
Fradin Silberstein Foundation is located in Chestnut Hill, MA. The organization was established in 2012. 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. Fradin Silberstein 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 12/2023, Fradin Silberstein Foundation generated $10.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $36.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fradin Silberstein Foundation has awarded 97 individual grants totaling $102,874. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tankel Rosenberg & Co Pc | 12/30/23 | $2,300 |
National Financial Services Llc | 12/30/23 | $4,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27 |
| Dividends & Interest | $5,562 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,849 |
| Capital Gain Net Income | $4,849 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,438 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $353 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,900 |
| Total operating and administrative expenses | $11,053 |
| Contributions, gifts, grants paid | $25,011 |
| Total expenses and disbursements | $36,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,989 |
| Savings and temporary cash investments | $11,729 |
| 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 | $43,886 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $366,932 |
| 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, Fradin Silberstein Foundation has awarded $25,011 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JEWISH COMMITTEE PURPOSE: CHARITABLE | $250 |
BROOKLINE COMMUNITY FOUNDATION PURPOSE: CHARITABLE | $400 |
CAMP GOOD DAYS PURPOSE: CHARITABLE | $500 |
CENTRE STREET PANTRY PURPOSE: CHARITABLE | $500 |
CHAUTAUQUA INSTITUTION PURPOSE: CHARITABLE | $5,000 |
CHQ OPERA PURPOSE: CHARITABLE | $515 |