Skip to content
Nonprofiteer
← HAFFENREFFER FAMILY FUND

Form 990 for tax year 2023

Filed by HAFFENREFFER FAMILY FUND.

Totals

Total revenue
$540,231
Total expenses
$1,042,464
Contributions and grants received
$0
Grants paid
$933,998
Program service revenue
$0
Investment income
$540,231
Other revenue
$0
Total assets, end of year
$15,381,550
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$15,381,550
Program services expenses (Part IX)
$933,998
Management and general expenses
$108,466
Fundraising expenses
$0
Program service expenses (Part III)
$933,998

Program services were 89.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $175,199 · excluded $175,199

  • 7a · Gross sales of assets other than inventory

    securities $1,498,451

  • 7b · Less cost or other basis and sales expenses

    securities $1,133,419

  • 7c · Gain or loss

    securities $365,032

  • 7d · Net gain or loss

    total $365,032 · excluded $365,032

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $933,998 · program services $933,998

  • 11a · Fees: management

    total $35,870 · management and general $35,870

  • 24a · Other expenses: FOUNDATION SUPPORT

    total $72,596 · management and general $72,596

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $148,234 · end of year $154,460

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $8,001,502 · end of year $8,604,784

  • 12 · Investments: other securities

    beginning of year $6,330,686 · end of year $6,622,306

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $14,480,422 · end of year $15,381,550

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

TO OPERATE EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A SECTION 509(A)(3) SUPPORTING ORGANIZATION OF THE RHODE ISLAND COMMUNITY FOUNDATION.

Activities or mission (Part I)

A SECTION 509(A)(3) SUPPORTING ORGANIZATION OF THE RHODE ISLAND COMMUNITY FOUNDATION.

  • AWARDING GRANTS FOR CHARITABLE PURPOSES.

    Expenses $933,998 · Grants $933,998

As filed on the 2023 return.

Listed in Part VII

  • Neil Steinberg

    SECRETARY (THRU 12/12/2023)

    Total calculated
    $466,576
    From this org
    $0
    From related orgs
    $425,004
    Other
    $41,572
    Hours/week
    0.8 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $54,541 related
    Bonus
    $0 + $149,402 related
    Other
    $0 + $221,061 related
    Deferred
    $0 + $29,700 related
    Nontaxable benefits
    $0 + $11,872 related
    Filer's total
    $0 + $466,576 related

  • David Cicilline

    SECRETARY (AS OF 12/12/2023)

    Total calculated
    $398,955
    From this org
    $0
    From related orgs
    $387,540
    Other
    $11,415
    Hours/week
    0.8 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $371,718 related
    Bonus
    $0 + $15,000 related
    Other
    $0 + $822 related
    Deferred
    $0 + $4,500 related
    Nontaxable benefits
    $0 + $6,915 related
    Filer's total
    $0 + $398,955 related

  • Jennifer Reid

    TREASURER

    Total calculated
    $299,082
    From this org
    $0
    From related orgs
    $297,370
    Other
    $1,712
    Hours/week
    0.8 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $253,553 related
    Bonus
    $0 + $18,500 related
    Other
    $0 + $25,317 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $1,712 related
    Filer's total
    $0 + $299,082 related

  • Bridget Baratta

    TRUSTEE

    Total calculated
    $274,118
    From this org
    $0
    From related orgs
    $238,911
    Other
    $35,207
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $199,604 related
    Bonus
    $0 + $17,500 related
    Other
    $0 + $21,807 related
    Deferred
    $0 + $21,749 related
    Nontaxable benefits
    $0 + $13,458 related
    Filer's total
    $0 + $274,118 related

  • Daniel Kertzner

    TRUSTEE

    Total calculated
    $205,930
    From this org
    $0
    From related orgs
    $176,739
    Other
    $29,191
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $162,474 related
    Bonus
    $0 + $12,000 related
    Other
    $0 + $2,265 related
    Deferred
    $0 + $14,630 related
    Nontaxable benefits
    $0 + $14,561 related
    Filer's total
    $0 + $205,930 related

  • Christine Pellegri

    TRUSTEE

    Total calculated
    $183,473
    From this org
    $0
    From related orgs
    $148,353
    Other
    $35,120
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $135,114 related
    Bonus
    $0 + $12,000 related
    Other
    $0 + $1,239 related
    Deferred
    $0 + $14,110 related
    Nontaxable benefits
    $0 + $21,010 related
    Filer's total
    $0 + $183,473 related

  • Kelly Riley

    TRUSTEE (AS OF 12/12/2023)

    Total calculated
    $159,463
    From this org
    $0
    From related orgs
    $123,280
    Other
    $36,183
    Hours/week
    0.8 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $120,035 related
    Bonus
    $0 + $3,000 related
    Other
    $0 + $245 related
    Deferred
    $0 + $11,891 related
    Nontaxable benefits
    $0 + $24,292 related
    Filer's total
    $0 + $159,463 related

  • Pamela Tesler Howitt

    TRUSTEE (THRU 12/12/2023)

    Total calculated
    $100,908
    From this org
    $0
    From related orgs
    $86,206
    Other
    $14,702
    Hours/week
    0.3 + 40 related

  • Adrian Boney

    TRUSTEE

    Total calculated
    $100,749
    From this org
    $0
    From related orgs
    $81,132
    Other
    $19,617
    Hours/week
    0.3 + 40 related

  • Kristen Haffenreffer

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    0.3

  • Jean Haffenreffer Baker

    TRUSTEE (THRU 12/12/2023)

    Total calculated
    $0
    Hours/week
    0.3

  • David Haffenreffer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Karl Haffenreffer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Nicholas Haffenreffer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Rudolf F Haffenreffer IV

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Carolyn Baker Dorsey

    TRUSTEE (AS OF 12/12/2023)

    Total calculated
    $0
    Hours/week
    0.3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B:
THE FORMER CEO PARTICIPATED IN A NONQUALIFIED DEFERRED COMPENSATION PLAN

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403199349311005

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.