Sol Goldman Charitable Trust
- Assets
- $0.0
- Revenue
- $3.6m
- Investments
- $75.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 00/0000
- Data as of
- 12/2020
- EIN
- 13-3577310
Organization Overview
Sol Goldman Charitable Trust is located in New York, NY. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Sol Goldman Charitable Trust 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, Sol Goldman Charitable Trust generated $3.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $7.0m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sol Goldman Charitable Trust has awarded 403 individual grants totaling $36,546,666. 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
2020
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 |
|---|---|---|---|
Jane H Goldman Trustee | 1 | $0 | |
Allan H Goldman Trustee | 1 | $0 | |
Louisa Little Trustee | 1 | $0 | |
Michael U Lewis Trustee | 1 | $0 | |
Benjamin H Lewis Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,297,883 |
| Profit on Inventory Sales | $0 |
| Other Income | -$13,580 |
| Total Revenue | $3,639,060 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $303,142 |
| Contributions, gifts, grants paid | $6,658,500 |
| Total expenses and disbursements | $6,961,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,104,526 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,568,417 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sol Goldman Charitable Trust has awarded $6,081,167 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
YALE LAW SCHOOL PURPOSE: TO SUPPORT THE CHARITY'S MISSION. | $2,000,000 |
COLUMBIA UNIVERSITY PURPOSE: TO SUPPORT THE CHARITY'S MISSION. | $1,000,000 |
Miami, FL PURPOSE: TO SUPPORT THE CHARITY'S MISSION. | $1,000,000 |
METROPOLITAN COUNCIL ON JEWISH POVERTY PURPOSE: TO SUPPORT THE CHARITY'S MISSION. | $636,000 |
New York, NY PURPOSE: TO SUPPORT THE CHARITY'S MISSION. | $566,667 |
Lakewood, NJ PURPOSE: TO SUPPORT THE CHARITY'S MISSION. | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Halvorsen Family Foundation Greenwich, CT | $235,306,066 | $4,015,208 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
Lynch Foundation Boston, MA | $176,006,196 | $42,142,694 |
Foundation Berma New York, NY | $320,553,699 | $33,382,644 |
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |
John R Oishei Consolidated Tr 01091998 Buffalo, NY | $21,967,662 | $5,743,689 |
Goldstein Family Foundation Spring Valley, NY | $15,534,248 | $10,502,547 |
Sol Goldman Charitable Trust New York, NY | $0 | $3,639,060 |
Schwartz Fam Foundation Tr New York, NY | $15,701,646 | $4,641,500 |