Six String Giving Foundation
EIN 872664106About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: Typically, a finding of a substantial contraction of assets is made by reference to the fair market value of a foundation's net assets on the first day of its calendar year. However, the taxable year ending December 31, 2021 was the year in which the Foundation received its initial endowment and the finding of a substantial contraction in this case was made by reference to the fair market value of the Foundation's assets on the date that it received its initial endowment. Accordingly, the degree of contraction of the Foundation's net assets may have been exaggerated. During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $311,000. This amount represents 25% or more of the Foundation's net assets of $996,439 (as measured by fair market value) on the day that the Foundation received its initial endowment in the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2021 | $311K | $2.7M | $3.0M | 7 |
| 2022 | $775K | $10.6M | $8.9M | 10 |
| 2023 | $794K | $18.8M | $7.6M | 10 |
Grant Size Distribution
Based on 27 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (27 total)
| Purpose | ||||
|---|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | Boston, MA | $600,000 | General & Unrestricted | 2023 |
| Fidelity Investments Charitable Gift Fund | Boston, MA | $410,000 | General & Unrestricted | 2022 |
| Hopewell Fund | Washington, DC | $100,000 | No Patient Left Behind program | 2021 |
| Port Chester Carver Center Inc | Port Chester, NY | $65,000 | General & Unrestricted | 2023 |
| Cancer Support Team Inc | Purchase, NY | $65,000 | General & Unrestricted | 2022 |
| Minds Matter | New York, NY | $65,000 | General & Unrestricted | 2022 |
| Ny Community Fridge Corp | New York, NY | $65,000 | General & Unrestricted | 2022 |
| Port Chester Carver Center Inc | Port Chester, NY | $65,000 | General & Unrestricted | 2022 |
| Regents of the University of Michigan | Ann Arbor, MI | $50,000 | LSI Annual Fund | 2021 |
| Sunrise Day Camps Association Inc | Oceanside, NY | $50,000 | General & Unrestricted | 2021 |
| Ny Community Fridge Corp | New York, NY | $50,000 | General & Unrestricted | 2023 |
| Fjc | New York, NY | $36,000 | Natan Fund | 2021 |
| Bob Woodruff Family Foundation Inc | New York, NY | $25,000 | General & Unrestricted | 2021 |
| Cornell University - Weill Cornell Medicine | New York, NY | $25,000 | Children's Health Council | 2021 |
| Memorial Sloan-Kettering Cancer Center | Hagerstown, MD | $25,000 | General & Unrestricted | 2021 |
| Cancer Support Team Inc | Purchase, NY | $25,000 | General & Unrestricted | 2023 |
| The Sharing Shelf Inc | Port Chester, NY | $25,000 | General & Unrestricted | 2023 |
| Dana Farber Cancer Institute Inc | Brookline, MA | $25,000 | Multiple Myeloma Program | 2022 |
| Domus Kids Inc | Stamford, CT | $25,000 | Invictus re-entry program | 2022 |
| Translational Genomics Research Institute Foundati | Phoenix, AZ | $25,000 | Molecular Medicine division currently led by Dr. Von Hoff | 2022 |
| Neighbor to Neighbor Inc | Greenwich, CT | $20,000 | General & Unrestricted | 2022 |
| Part of the Solution Inc | Bronx, NY | $10,000 | General & Unrestricted | 2023 |
| Experience Camps | Westport, CT | $10,000 | General & Unrestricted | 2022 |
| Magnify Autism Inc | Bronx, NY | $8,000 | General & Unrestricted | 2023 |
| The Kristen Ann Carr Fund | New York, NY | $7,500 | General & Unrestricted | 2023 |