Joyce & Irving Goldman Family Foundation Inc
- Assets
- $198.0m
- Revenue
- $11.9m
- Investments
- $196.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1984
- Data as of
- 12/2020
- EIN
- 13-3216152
Organization Overview
Joyce & Irving Goldman Family Foundation Inc is located in New York, NY. The organization was established in 1984. 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. Joyce & Irving Goldman Family 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 12/2020, Joyce & Irving Goldman Family Foundation Inc generated $11.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 60.1% each year . All expenses for the organization totaled $12.8m during the year ending 12/2020. While expenses have increased by 12.9% per year over the past 3 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 2019, Joyce & Irving Goldman Family Foundation Inc has awarded 527 individual grants totaling $53,078,725. 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 |
|---|---|---|---|
Benjamin P Binswanger Executive Director | 40 | $286,855 | |
Kit Man G Chan Research Associate | 40 | $82,302 | |
Phuong-Lan R Tonthat Grants Administrator | 40 | $80,637 | |
Dorian Goldman Director, President | 1 | $0 | |
Katja Goldman Director, Secretary | 1 | $0 | |
Lloyd Goldman Director, Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Charles Schwab & Co Inc | 12/30/21 | $1,198,944 |
Seven Bridges Advisors Llc | 12/30/21 | $180,808 |
Hawthorn | 12/30/21 | $55,982 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,418,204 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,835,695 |
| Capital Gain Net Income | $6,093,422 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,694,813 |
| Total Revenue | $11,948,712 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $286,855 |
| Other employee salaries and wages | $183,669 |
| Pension plans, employee benefits | $111,156 |
| Interest | $0 |
| Taxes | $655,725 |
| Depreciation | $649 |
| Occupancy | $165,840 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,792,176 |
| Total operating and administrative expenses | $5,178,563 |
| Contributions, gifts, grants paid | $7,616,434 |
| Total expenses and disbursements | $12,794,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,254,893 |
| Savings and temporary cash investments | $287,128 |
| 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 | $181,216,650 |
| Net Land, buildings, and equipment | $727 |
| Other assets | $103,856 |
| Total assets | $197,952,672 |
| 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, Joyce & Irving Goldman Family Foundation Inc has awarded $17,755,850 in support to 191 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ASSOCIATES OF BEN-GURION UNIVERSITY OF THE NEGEV PURPOSE: "VISION 2020" CAMPAIGN. $5 MILLION FOR DORMITORY HOUSING, $5 MILLION FOR RESEARCH, $200K FOR MSIH SCHOLARSHIPS AND $800K TO ENDOW THE IARC AT THE JOYCE & IRVING GOLDMAN MEDICAL SCHOOL | $6,160,000 |
IJS PURPOSE: GENERAL OPERATING SUPPORT | $595,000 |
NORTHWELL HEALTH FOUNDATION (FORMERLY NORTH SHORE LIJ) PURPOSE: ADVANCING NORTHWELL HEALTH'S MISSION IN PATIENT CARE, MEDICAL RESEARCH, EDUCATION AND TRAINING, AND COMMUNITY BENEFIT | $500,000 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
AJC PURPOSE: GENERAL OPERATING SUPPORT | $400,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |