PURCHASE, NY

Fein Foundation

Quick Facts

EIN: 136161610
Location: PURCHASE, NY
Phone: (914) 769-5005
Category: General
Total Assets: $5.5M
Annual Income: $209K
IRS Ruling Year: 1957
Organization Type: Non-Operating Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Fein Foundation is a private trust based in PURCHASE, NY. The foundation received its IRS ruling in 1957. It holds total assets of $5.5M. Annual income is reported at $209K. According to available records, Fein Foundation has made 5 grants totaling $1.1M, with a median grant of $250K. Annual giving has grown from $195K in 2020 to $250K in 2023. Grantmaking activity was highest in 2022 with $500K distributed across 2 grants. Individual grants have ranged from $185K to $250K, with an average award of $226K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Frequently Asked Questions

What does Fein Foundation fund?

Fein Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NY.

How much does Fein Foundation give in grants?

Fein Foundation has distributed a total of $1.1M across 5 grants. The median grant size is $250K, with an average of $226K. Individual grants have ranged from $185K to $250K.

How do I apply for a grant from Fein Foundation?

Fein Foundation typically selects its grantees rather than accepting unsolicited proposals.

Where is Fein Foundation located?

Fein Foundation is headquartered in PURCHASE, NY.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
David Fein	Treasurer	$0	$0	$0
Elaine Fein	President	$0	$0	$0
Adam Fein	Trustee	$0	$0	$0
Susan Zawel	Trustee	$0	$0	$0
Kathy Bierman	Trustee	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$268K

2023-5%

Total Assets

$5.5M

2023+15%

Fair Market Value

$5.5M

2023

Net Worth

$5.5M

2023

Grants Paid

$250K

2023

Contributions

2023

Net Investment Income

$2.2M

2023

Distribution Amount

$233K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $4.1M

Corporate Stock (72%)

Corporate Bonds (2%)

Other Investments (4%)

Cash (22%)

Expense Breakdown (2023)

Revenue Sources (2023)

Capital Gains (Net): $2.1M
Dividends: $134K
Other Income: $14K

Financial Details (2023)

Total Revenue: $2.3M
Total Expenses: $268K
Exempt Purpose Expenses: $256K
Required Distribution: $233K
Undistributed Income: $214K
Total Liabilities: $1K
Excise Tax: $31K
Tax Due: $30K

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$1.1M

Average Grant

$226K

Median Grant

$250K

Unique Recipients

Most Common Grant

$250K

Grant Disbursements by Year

Grant Range

Min$185K

Max$250K

Median: $250K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

NY$1.1M (5)

Past Grantees

Recipient	Location	Amount	Year
See Statement 11GENERAL OPERATING SUPPORT	Purchase, NY	$250K	2023
See Statement 9GENERAL OPERATING SUPPORT	Purchase, NY	$250K	2022
See Statement 7GENERAL OPERATING SUPPORT	Purchase, NY	$195K	2020