Morris & Lillian P Gould Family Foundation
- Assets
- $156.0k
- Revenue
- $32.8k
- Investments
- $150.0k
- Employees
- 0
- Location
- Sudbury, MA
- Founding
- 08/1966
- Data as of
- 12/2023
- EIN
- 04-6125882
Organization Overview
Morris & Lillian P Gould Family Foundation is located in Sudbury, MA. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Morris & Lillian P Gould Family Foundation 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 12/2023, Morris & Lillian P Gould Family Foundation generated $32.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $36.1k during the year ending 12/2023. While expenses have increased by 9.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Morris & Lillian P Gould Family Foundation has awarded 213 individual grants totaling $192,277. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morris Gould Trustee | 1 | $0 | |
Susan G Pettit Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46 |
| Dividends & Interest | $11,556 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,174 |
| Capital Gain Net Income | $21,174 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,776 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $174 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13 |
| Total operating and administrative expenses | $1,687 |
| Contributions, gifts, grants paid | $34,380 |
| Total expenses and disbursements | $36,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,032 |
| 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 | $0 |
| Total assets | $155,983 |
| 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, Morris & Lillian P Gould Family Foundation has awarded $34,380 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
ALAN PLOTKIN MEMORIAL SCHOLARSHIP FUND PURPOSE: CHARITY'S ACTIVITIES | $200 |
ARTISTS FOR HUMANITY PURPOSE: CHARITY'S ACTIVITIES | $500 |
BOSTON AREA GLEANERS PURPOSE: CHARITY'S ACTIVITIES | $1,500 |
BRIGHAM AND WOMENS HOSPITAL PURPOSE: CHARITY'S ACTIVITIES | $4,000 |
CAMP CASCO INC PURPOSE: CHARITY'S ACTIVITIES | $500 |
COMMUNITY SERVINGS PURPOSE: CHARITY'S ACTIVITIES | $2,000 |