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Feinstein Foundation Inc. is a private corporation based in CRANSTON, RI. The foundation received its IRS ruling in 1992. It holds total assets of $31.7M. Annual income is reported at $27.9M. The foundation is governed by 16 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Southern New England and Rhode Island. According to available records, Feinstein Foundation Inc. has made 3 grants totaling $5.1M, with a median grant of $1.7M. Annual giving has decreased from $3.4M in 2022 to $1.7M in 2023. Individual grants have ranged from $1.7M to $1.7M, with an average award of $1.7M. Grant recipients are concentrated in Rhode Island. Contributions to this foundation are tax-deductible.
The Feinstein Foundation operates through a partnership model that distinguishes it sharply from open-grant foundations. Founded by philanthropist Alan Shawn Feinstein and now led primarily by his daughter Leila Feinstein as President/Chair, the foundation's giving philosophy rests on a single conviction: young people can be the primary agents of compassion and community service, and schools are the right vehicle for teaching that lesson at scale.
The foundation's main mechanism is the Feinstein Leadership School program — a network of approximately 265 schools across Southern New England that have committed to embedding service-learning and kindness practices into school culture. Membership in this network is the gateway to nearly all of the foundation's grant funding, including the annual Spring Grant Program (for student-centered enrichment projects) and the In-School Pantry & Caring Closet Program (for food and essential-item supplies for families). Schools that want access to foundation grants must first establish themselves as Feinstein Leadership Schools — this is a relationship you build, not an application you submit.
For organizations outside the school network, the foundation carves out one explicit opening: anti-hunger agencies may approach unsolicited. This reflects Alan Shawn Feinstein's long-standing personal commitment to hunger relief, which predates and runs parallel to the youth empowerment mission.
First-time applicants should understand that this foundation values relationship over paperwork. There is no standardized application form — the foundation accepts proposals in any format. The initial contact should be a personal phone call or letter to (401) 467-5155 or asf@feinsteinfoundation.org in Cranston, RI. The foundation does not publish board meeting dates or formal application windows publicly, making proactive outreach essential to understanding timing.
The typical progression for a school-based applicant: (1) contact the foundation to explore Leadership School designation; (2) integrate service-learning and kindness activities schoolwide; (3) submit a Spring Grant proposal for a specific student-centered project. The Spring Grant is educator-driven — teachers and administrators propose projects that put students in the role of givers and helpers, not just learners. Proposals that feature students actively running food drives, organizing kindness campaigns, or stocking a school pantry will resonate far more than those framing students as passive beneficiaries.
A decade of 990-PF filings reveals a foundation with remarkably consistent grant-making that has entered a slow but clear contraction phase. Annual total giving peaked at approximately $2.72M in FY2013-2014, settled into a stable $2.59-2.60M band from FY2019 through FY2021, then began declining: $2.40M in FY2022, $2.35M in FY2023, and approximately $1.85M in FY2024 — a 32% reduction from peak over eleven years and an accelerating recent decline.
Total assets have followed the same trajectory: from approximately $37M in 2010 to $34M in 2021 to $27.8M in 2024. The driver is structural: in FY2023, net investment income was $2.03M while total giving was $2.35M, meaning the foundation is drawing down principal each year. This is common for founder-era family foundations, and the endowment remains substantial, but it constrains the realistic upside for grant-size growth.
A critical distinction in the data is between "grants paid" and "total giving." In FY2023, grants paid were $1.70M against total giving of $2.35M — a $650K gap representing direct program-operation expenses for running the Leadership School network (curriculum support, staff time, materials). The foundation is simultaneously a grantmaker and an operating foundation, which means a meaningful share of its budget goes to internal program delivery rather than external grants.
With approximately 265 schools in the network and roughly $1.7M in grants paid annually, the average per-school grant is approximately $6,400. In practice, grants are likely concentrated among the most active Leadership Schools, with individual awards probably ranging from $1,000 for smaller Kindness Tree initiatives to $25,000 or more for comprehensive Pantry & Caring Closet buildouts. No individual recipient names are broken out in publicly available 990-PF schedules.
Geography is tightly RI-focused: all identified grant activity is in Rhode Island, with a stated broader focus on Southern New England. There is no evidence of national grantmaking. By program area, the youth empowerment school network likely accounts for 85-90% of grant dollars, with anti-hunger and food security comprising the remainder.
The Feinstein Foundation occupies a distinctive niche among Rhode Island private foundations: it is simultaneously a grantmaker and a program operator, running a branded school network rather than simply distributing grants competitively. This makes direct comparisons imperfect but instructive for understanding where the foundation sits in the RI philanthropic landscape.
| Foundation | Est. Assets | Est. Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Feinstein Foundation Inc. (Cranston, RI) | ~$28M | ~$1.85M | Youth empowerment, school network, anti-hunger | Relationship/invited; anti-hunger open |
| Champlin Foundation (Providence, RI) | ~$450M | ~$20M | Capital improvements, arts, education, social services | Invited/LOI required |
| van Beuren Charitable Foundation (Newport, RI) | ~$35M | ~$2M | Education, environment, healthcare (RI/ME) | Invitation only |
| Hassenfeld Family Foundation (Providence, RI) | ~$15M | ~$1M | Children, education, Providence-area focus | Invited |
| Rhode Island Community Foundation (Providence, RI) | ~$1B+ | ~$40M+ | Broad community needs, RI-statewide | Competitive/open |
The Feinstein Foundation's $28M in assets and ~$1.85M in annual giving places it in the mid-tier of Rhode Island's private foundation landscape — larger than many family foundations but dwarfed by the Champlin Foundation and the Rhode Island Community Foundation. Its defining differentiator is the Leadership School model: grantees are not just fund recipients but active partners in a branded educational program, creating more durable relationships than a one-time grant. For applicants already embedded in the Feinstein network, it is one of RI's most accessible funders; for outsiders without a school connection, the anti-hunger door is the most practical entry point.
No significant press releases, program announcements, or major news stories were found in public sources for 2025-2026. The Feinstein Foundation does not issue press releases or maintain an active media presence, which is typical of closely held family foundations. Its Facebook page (facebook.com/feinsteinfoundation.org) is the primary public-facing channel, though detailed grant announcements are not regularly published there.
The most consequential recent development identifiable from financial filings is the leadership compensation shift that signals generational succession: in FY2024, Leila Feinstein received $186,731 as President/Chair — now the highest-compensated officer — while Alan Shawn Feinstein's compensation decreased to $90,039 as Treasurer. In the DB data covering 2021-2023, Alan Shawn held the higher compensation at $150,000 while Leila received $125,000. This reversal across successive filings points to a deliberate handoff from the 83-year-old founder to the second generation. Ari Feinstein, also a family member, is listed as Chief Executive in some filing years, further indicating the transition is a multi-person family affair.
On the program side, the growth of the Leadership School network from 212 to approximately 265 schools is the most tangible recent development, representing a roughly 25% expansion in partner schools. This expansion has continued even as total grant disbursements declined, suggesting the foundation is deepening its model with more schools while holding or compressing per-school award sizes. The In-School Pantry and Caring Closet program appears to have been formalized and expanded in the post-2020 period, adding a food security dimension to the historically service-learning-focused portfolio.
The most important single insight for any applicant: cold proposals almost never succeed here. The foundation explicitly does not accept unsolicited requests — the sole exception is anti-hunger agencies. Every other pathway runs through the Feinstein Leadership School designation, which requires schools to build an ongoing relationship with the foundation before grant funding becomes available.
For K-12 schools: Do not start with a grant proposal. Call (401) 467-5155 or email asf@feinsteinfoundation.org and ask specifically about becoming a Feinstein Leadership School. Request information on the designation criteria and timeline. Leadership School status requires demonstrated commitment to schoolwide service-learning and kindness practices — not just a one-time project, but a cultural shift. Schools that integrate the Kindness Tree program and actively document student acts of community service are well-positioned. Once designated, submit Spring Grant proposals that center students as active givers: youth running a food drive, students organizing peer-to-peer kindness campaigns, or a student-led pantry setup. Proposals framing adults as the program agents and students as beneficiaries will not resonate.
For anti-hunger nonprofits: This is the one legitimate cold-approach pathway. Draft a one-to-two page letter addressed to Leila Feinstein, President, at 37 Alhambra Circle, Cranston, RI 02905. Open by explicitly identifying yourself as an anti-hunger organization reaching out per the foundation's stated openness to such requests. Even if you serve adults, emphasize any youth dimension — children and families impacted, youth volunteers, school partnerships. Use the foundation's own language: compassion, caring, community, youngsters. The foundation accepts any format, so no portal or form is required.
Alignment language: "youth empowerment," "acts of kindness," "student leadership," "compassion in action," "service learning," "food security," "helping those in need." Avoid corporate grant-writing language like "capacity building," "organizational sustainability," or "systems change" — this funder cares about tangible programs and young people doing good, not infrastructure.
Timing: No published application deadlines exist. Contact the foundation in January or February to ask about the Spring Grant Program cycle for the current year. Relationship touchpoints throughout the year (updates on student activities, thank-you notes, impact stories) are more valuable here than a polished proposal submitted cold.
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Empowering youngsters to reach out to help others and teaching them the importance of compassion and caring for those in need, serving 212 schools.
Expenses: $2.1M
Annual spring grant initiative where educators submit proposals for student-centered projects. Selected schools receive grant support for enrichment programs, resource expansions, and creative learning experiences.
Grant funding for Feinstein Leadership Schools to establish and maintain food and essential item supplies for families in need.
Schools receive support to implement this initiative which celebrates student acts of kindness through a display system.
A decade of 990-PF filings reveals a foundation with remarkably consistent grant-making that has entered a slow but clear contraction phase. Annual total giving peaked at approximately $2.72M in FY2013-2014, settled into a stable $2.59-2.60M band from FY2019 through FY2021, then began declining: $2.40M in FY2022, $2.35M in FY2023, and approximately $1.85M in FY2024 — a 32% reduction from peak over eleven years and an accelerating recent decline. Total assets have followed the same trajectory: fr.
Feinstein Foundation Inc. has distributed a total of $5.1M across 3 grants. The median grant size is $1.7M, with an average of $1.7M. Individual grants have ranged from $1.7M to $1.7M.
The Feinstein Foundation operates through a partnership model that distinguishes it sharply from open-grant foundations. Founded by philanthropist Alan Shawn Feinstein and now led primarily by his daughter Leila Feinstein as President/Chair, the foundation's giving philosophy rests on a single conviction: young people can be the primary agents of compassion and community service, and schools are the right vehicle for teaching that lesson at scale. The foundation's main mechanism is the Feinstein.
Feinstein Foundation Inc. is headquartered in CRANSTON, RI. The foundation primarily funds organizations in Southern New England, Rhode Island.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alan Shawn Feinstein | TREASURER | $150K | $0 | $150K |
| Leila Feinstein | PRESIDENT/CH | $125K | $0 | $125K |
| Lily Diglio | CFO/COO | $56K | $0 | $56K |
| Christopher Costa | SECRETARY/CE | $56K | $0 | $56K |
| Reza Khoyi | DIRECTOR | $25K | $0 | $25K |
| Mikele St Germain | DIRECTOR | $0 | $0 | N/A |
| Arlene Violet | DIRECTOR | $0 | $0 | N/A |
| Susan Garland | DIRECTOR | $0 | $0 | N/A |
| Suzette Wordell | DIRECTOR | $0 | $0 | N/A |
| Pat Feinstein | DIRECTOR | $0 | $0 | N/A |
| Nidia Karbonik | DIRECTOR | $0 | $0 | N/A |
| Steve Coan | DIRECTOR | $0 | $0 | N/A |
| Donna Coderre | DIRECTOR | $0 | $0 | N/A |
| Linda Mcsweeney | DIRECTOR | $0 | $0 | N/A |
| Edward Walton | DIRECTOR | $0 | $0 | N/A |
| Neal Manchester | DIRECTOR | $0 | $0 | N/A |
Total Giving
$2.4M
Total Assets
$30M
Fair Market Value
$34.7M
Net Worth
$30M
Grants Paid
$1.7M
Contributions
$21K
Net Investment Income
$2M
Distribution Amount
N/A
Total: $27.6M
Total Grants
3
Total Giving
$5.1M
Average Grant
$1.7M
Median Grant
$1.7M
Unique Recipients
1
Most Common Grant
$1.7M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleTO FURTHER FOUNDATION'S PURPOSE | Various, RI | $1.7M | 2023 |