Alexis Bierman Hafken Family Foundation

PROVIDENCE, RI EIN: 06-1484432

Alexis Bierman Hafken Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROVIDENCE, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $186K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $564.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$186K

-26.0% YoY

Annual Giving

$50K

+259.7% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$50K

+619.4% YoY

Under IRS private-foundation payout rules, Alexis Bierman Hafken Family Foundation reported a distributable amount of $508 for 2024 — the minimum it must pay out in qualifying distributions.

About Alexis Bierman Hafken Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $113K (100%)

States

Rhode Island

Cities

BarringtonProvidence

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$185,978	$251,436	$260,577
Revenue	$564	$2,534	$1,183
Expenses	$66,022	$22,300	$30,244
Qualifying Distributions	$50,000	$13,900	$30,094
Net Investment Income	$564	—	$1,033
Distributable Amount	$508	$12,927	$14,312

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Temple Habonim ($50,000).

Recipient	Purpose	Amount
TEMPLE HABONIM BARRINGTON, RI	TORAH PRESERVATION AND RESTORATION FUND	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ALEXIS BIERMAN HAFKEN	TRUSTEE	0.5	—
PAUL A SILVER	TRUSTEE	0.5	—
MICHAEL HAFKEN	TRUSTEE	0.1	—
DAVID HAFKEN	TRUSTEE	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Alexis Bierman Hafken Family Foundation?

Alexis Bierman Hafken Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROVIDENCE, RI. It holds $186K in total assets as of 2024.

How large is Alexis Bierman Hafken Family Foundation?

As of 2024, Alexis Bierman Hafken Family Foundation holds $186K in total assets with $564 in annual revenue. It awarded 1 grants totaling $50K in 2024.

Where does Alexis Bierman Hafken Family Foundation operate?

Alexis Bierman Hafken Family Foundation has awarded grants in Rhode Island.

What size grants does Alexis Bierman Hafken Family Foundation award?

In 2024, Alexis Bierman Hafken Family Foundation awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.

How much is Alexis Bierman Hafken Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alexis Bierman Hafken Family Foundation reported a distributable amount of $508 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alexis Bierman Hafken Family Foundation's EIN?

Alexis Bierman Hafken Family Foundation's EIN (Employer Identification Number) is 06-1484432. IRS Form 990 filing data is available on this page for 2020–2024.