Gold Foundation Inc
- Assets
- $628.4k
- Revenue
- $1.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/1998
- Data as of
- 12/2022
- EIN
- 04-3369766
Organization Overview
Gold Foundation Inc is located in Boston, MA. The organization was established in 1998. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gold Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Gold Foundation Inc generated $1.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $108.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Gold Foundation Inc has awarded 54 individual grants totaling $139,620. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Fraser Gold President/director - As Needed | 0 | $0 | |
Gary P Savage Clerk - As Needed | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,915 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,139 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,776 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $146 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $89 |
| Total operating and administrative expenses | $7,589 |
| Contributions, gifts, grants paid | $100,500 |
| Total expenses and disbursements | $108,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,357 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $596,060 |
| Total assets | $628,417 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Gold Foundation Inc has awarded $100,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEY CAT ALLIES PURPOSE: UNRESTRICTED | $3,000 |
AMERICAN HEART ASSOCIATION PURPOSE: UNRESTRICTED | $1,000 |
AMERICAN KIDNEY FUND PURPOSE: UNRESTRICTED | $2,000 |
AMERICAN RED CROSS PURPOSE: UNRESTRICTED | $2,000 |
CARE PURPOSE: UNRESTRICTED | $3,000 |
COMPASSION AND CHOICES PURPOSE: UNRESTRICTED | $1,000 |