Finsen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $1.6M. Net investment income was $3K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.6M
+2565.4% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$812K
+2565.4% YoY
Under IRS private-foundation payout rules, Finsen Family Foundation reported a distributable amount of $58K for 2021 — the minimum it must pay out in qualifying distributions.
About Finsen Family Foundation
Based on IRS filings
Finsen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $1.6M. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $1,256,216 |
| Revenue | $8,310 | $-2,492 |
| Expenses | $1,633,416 | $71,519 |
| Qualifying Distributions | $1,628,058 | — |
| Net Investment Income | $2,748 | $10,730 |
| Distributable Amount | $57,654 | $66,766 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2021
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Bank of America Charitable Gift Fund ($1,592,485), Holy Cross Prepatory Academy ($32,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BANK OF AMERICA CHARITABLE GIFT FUND BOSTON, MA | UNRESTRICTED GENERAL | $1,592,485 |
| HOLY CROSS PREPATORY ACADEMY DELRAN, NJ | UNRESTRICTED GENERAL | $32,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | AGENT FOR FIDUCIARY | 1 | $6,431 |
| GERALD FINSEN JR | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Finsen Family Foundation?
Finsen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds — in total assets as of 2021.
Where does Finsen Family Foundation operate?
Finsen Family Foundation has awarded grants in Massachusetts, New Jersey.
What size grants does Finsen Family Foundation award?
In 2021, Finsen Family Foundation awarded 2 grants totaling $1.6M — an average of about $812K per grant, based on its IRS Form 990 filings.
How much is Finsen Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Finsen Family Foundation reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Finsen Family Foundation's EIN?
Finsen Family Foundation's EIN (Employer Identification Number) is 22-3520273. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Finsen Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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