The Finkelstein Foundation
- Assets
- $38.3k
- Revenue
- $32.2k
- Investments
- $36.5k
- Employees
- 0
- Location
- Glen Echo, MD
- Founding
- 09/1961
- Data as of
- 12/2023
- EIN
- 74-6061363
Organization Overview
The Finkelstein Foundation is located in Glen Echo, MD. The organization was established in 1961. 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. Finkelstein 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, Finkelstein Foundation generated $32.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $47.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Finkelstein Foundation has awarded 191 individual grants totaling $376,793. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Finkelstein Jr President | 1 | $0 | |
Jim Finkelstein Trustee | 1 | $0 | |
Linda Finkelstein Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $49 |
| Dividends & Interest | $32,189 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,238 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $47,600 |
| Total expenses and disbursements | $47,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,837 |
| 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 | $38,298 |
| 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, The Finkelstein Foundation has awarded $47,600 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGE H W BUSH PRESIDENTIAL LIBRARY & MUSEUM PURPOSE: OPERATING SUPPORT | $2,000 |
HARRY RANSOM CENTER PURPOSE: OPERATING SUPPORT | $3,000 |
IMAGINATION STAGE INC PURPOSE: OPERATING SUPPORT | $1,500 |
JOHN F KENNEDY CENTER FOR THE PERFORMING ARTS PURPOSE: OPERATING SUPPORT | $4,000 |
LEARNING UNDEFEATED INC PURPOSE: OPERATING SUPPORT | $3,400 |
MEMORIAL PARK CONSERVANCY INC PURPOSE: OPERATING SUPPORT | $2,000 |