Quick Stats
- Annual Giving: $1,094,000 (2024)
- Success Rate: 12% for new applicants
- Grant Range: $50,000 - $500,000
- Average Grant Size: $91,167
- Geographic Focus: Multi-state (Arizona, California, Florida, Massachusetts, Michigan, New York)
- Total Assets: $5.99 million
Contact Details
Phone: 888-777-3949
Address: Phoenix, AZ
EIN: 47-5418323
Note: This is a private independent foundation with limited public contact information available.
Overview
Finish Line Foundation II Inc is a private independent foundation established in August 2016 and based in Phoenix, Arizona. Led by Paul Mashni, founder of PEM Real Estate Group, the foundation manages approximately $5.99 million in assets and distributed $1,094,000 in grants across 12 awards in 2024. The foundation appears to focus on supporting religious organizations, community services, youth programs, women's resources, and autism support services. Operating as a family-style foundation with trustee discretion, Finish Line Foundation II supports organizations across multiple states, with particular emphasis on Arizona communities including Phoenix, Scottsdale, Peoria, Chandler, and Tempe, while also extending support to organizations in California, Florida, Massachusetts, Michigan, and New York.
Funding Priorities
Grant Programs
The foundation operates through trustee-directed grantmaking with no formal program structure. Grant amounts in 2024 included:
- Major grants: $200,000 - $500,000
- Mid-level grants: $100,000 - $121,500
- Standard grants: $50,000
Priority Areas
Based on documented 2024 grants, the foundation supports:
- Religious Organizations: Significant support to faith-based institutions, including Christ Church of the Valley ($500,000 and $200,000)
- Homeless Services: Phoenix Rescue Mission ($121,500)
- Women's Services: Hope Women's Center Inc ($100,000)
- International Development: Edify ($50,000)
- Autism Support: SARRC for Employment Services for Autistic Adults ($50,000)
- Community Services: Various local nonprofits supporting youth, families, and first responders
Geographic Scope
Primary Focus: Arizona (Phoenix metropolitan area)
Additional States: California, Florida, Massachusetts, Michigan, New York
Cities Served: Boston, Chandler, Chelsea, Detroit, Glendale, New York, Northville, Peoria, Phoenix, Pompano Beach, Santa Ana, Scottsdale, Tempe
What They Don't Fund
Specific exclusions are not publicly documented, but as a small private foundation, they likely do not fund:
- Organizations outside their geographic scope
- Individuals
- For-profit entities
Governance and Leadership
Director/CEO: Paul Mashni
Compensation: Serves without compensation
Time Commitment: 1 hour per week reported
Paul Mashni founded PEM Real Estate Group more than three decades ago and has a robust background in accounting, finance, and law. PEM began in 1993 with a duplex in Detroit and grew to over 4,000 apartment units within 12 years before selling the entire portfolio and relocating to Arizona in 2005. The company now manages 25,000+ units across the Sun Belt region.
Mashni is also associated with the Arizona Multihousing Charitable Foundation, demonstrating ongoing commitment to community philanthropy.
Application Process & Timeline
How to Apply
This foundation does not have a public application process. Finish Line Foundation II operates as a private independent foundation with grants awarded at the discretion of the board of directors. There is no online application portal, formal grant guidelines, or published deadlines.
Grants appear to be awarded to organizations known to the foundation's leadership or identified through trustee connections in the real estate, business, and faith communities.
Decision Timeline
Not applicable - grants are awarded through trustee discretion rather than application cycles.
Success Rates
For organizations that somehow come to the foundation's attention, the data suggests a 12% acceptance rate for new applicants. In 2024, the foundation made 12 grants totaling $1,094,000.
Reapplication Policy
Not applicable due to the invitation-only nature of the foundation.
Application Success Factors
Since this foundation operates on trustee discretion without a public application process, traditional success factors do not apply. However, reviewing their 2024 grants provides insight into their preferences:
Organizations Funded in 2024:
- Large, established religious institutions (Christ Church of the Valley received two grants totaling $700,000)
- Well-known community service organizations (Phoenix Rescue Mission)
- Specialized service providers (SARRC for autism employment services)
- Women's support services (Hope Women's Center)
- International development organizations (Edify)
Patterns Observed:
- Preference for established organizations with proven track records
- Support for both local Arizona nonprofits and national/international organizations
- Willingness to provide major gifts ($200,000+) to aligned organizations
- Focus on organizations serving vulnerable populations (homeless, women, autistic adults, youth)
- Support for faith-based initiatives
Likely Success Factors:
- Connection to Paul Mashni or PEM Real Estate Group
- Alignment with the foundation's demonstrated interests in religious institutions, community services, and vulnerable populations
- Established organizational track record
- Work in foundation's geographic areas of interest
Key Takeaways for Grant Writers
- No Public Application: This foundation does not accept unsolicited applications; grants are trustee-directed
- Relationship-Driven: Connections to foundation leadership, particularly through real estate, business, or faith communities in Phoenix, appear critical
- Significant Gift Capacity: With grants ranging from $50,000 to $500,000, this foundation can provide transformational support
- Geographic Focus: Strong emphasis on Phoenix metropolitan area while maintaining capacity for national/international grants
- Faith-Based Friendly: Religious organizations receive substantial support (over $700,000 to one church in 2024)
- Diverse Interests: While supporting religious institutions heavily, the foundation also funds secular community services, autism support, and international development
- Established Organizations Preferred: 2024 grantees are all established nonprofits with recognized programs
References
- Grantable.co Foundation Profile: https://www.grantable.co/search/funders/profile/finish-line-foundation-ii-inc-us-foundation-475418323 (Accessed January 2026)
- ProPublica Nonprofit Explorer - Finish Line Foundation II Inc (EIN 47-5418323): https://projects.propublica.org/nonprofits/organizations/475418323 (Accessed January 2026)
- Charity Navigator Profile: https://www.charitynavigator.org/ein/475418323 (Accessed January 2026)
- Cause IQ Organization Profile: https://www.causeiq.com/organizations/finish-line-foundation-ii,475418323/ (Accessed January 2026)
- PEM Real Estate Group Leadership Team: https://pemreg.com/leadership-team/ (Accessed January 2026)
- Arizona Multihousing Charitable Foundation - Paul Mashni: https://www.amcfbighearts.org/test-directory/paul-mashni (Accessed January 2026)