Goldstone Family Foundation
- Assets
- $25.7m
- Revenue
- $3.1m
- Investments
- $21.2m
- Employees
- 0
- Location
- Ridgefield, CT
- Founding
- 11/2000
- Data as of
- 12/2021
- EIN
- 06-1596255
Organization Overview
Goldstone Family Foundation is located in Ridgefield, CT. The organization was established in 2000. 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. Goldstone 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 12/2021, Goldstone Family Foundation generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Goldstone Family Foundation has awarded 708 individual grants totaling $7,554,169. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven F Goldstone Co Beverly Chase Director, President & Trea | 10 | $0 | |
Elizabeth Goldstone Co Beverly Chas Director, Vp, Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,909 |
| Dividends & Interest | $299,736 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $787,537 |
| Capital Gain Net Income | $787,537 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,008,964 |
| Total Revenue | $3,112,146 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $75,000 |
| Pension plans, employee benefits | $15,000 |
| Interest | $97 |
| Taxes | $34,290 |
| Depreciation | $0 |
| Occupancy | $42,840 |
| Travel, conferences, and meetings | $395 |
| Printing and publications | $0 |
| Other expenses | $85,040 |
| Total operating and administrative expenses | $357,978 |
| Contributions, gifts, grants paid | $743,788 |
| Total expenses and disbursements | $1,101,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,148,820 |
| 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 | $400,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,283,682 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,701,529 |
| 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, Goldstone Family Foundation has awarded $743,788 in support to 95 organizations.
| Grant Recipient | Amount |
|---|---|
DANBURY HOSPITAL CAREGIVER CENTER PURPOSE: GENERAL USE | $200,971 |
COBBOSSEECONTEE YACHT CLUB PURPOSE: GENERAL USE | $75,250 |
UNIVERSITY OF PENNSYLVANIA PURPOSE: RESTICTED | $75,000 |
WILLIAMS HALL PURPOSE: GENERAL USE | $70,000 |
New York, NY PURPOSE: GENERAL USE | $25,000 |
ROUNDABOUT THEATRE PURPOSE: GENERAL USE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |