Goldenson-Arbus Foundation Inc
- Assets
- $5.4m
- Revenue
- $1.4m
- Investments
- $5.3m
- Employees
- 0
- Location
- Mount Kisco, NY
- Founding
- 01/1946
- Data as of
- 12/2023
- EIN
- 13-6115597
Organization Overview
Goldenson-Arbus Foundation Inc is located in Mount Kisco, NY. The organization was established in 1946. 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. Goldenson-Arbus 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 12/2023, Goldenson-Arbus Foundation Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $970.2k during the year ending 12/2023. While expenses have increased by 8.1% 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 2016, Goldenson-Arbus Foundation Inc has awarded 122 individual grants totaling $2,980,000. 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 |
|---|---|---|---|
Loreen J Arbus President | 1 | $15,000 | |
Maxine W Goldenson Vice President | 1 | $15,000 | |
Maryellen Mastrogiorgio Sec, Treas | 1 | $0 | |
Martin Pompadur Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $101,411 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,339,662 |
| Capital Gain Net Income | $1,339,662 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,441,073 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,775 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $170 |
| Other expenses | $250 |
| Total operating and administrative expenses | $110,153 |
| Contributions, gifts, grants paid | $860,000 |
| Total expenses and disbursements | $970,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $99,230 |
| 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 | $5,437,223 |
| 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, Goldenson-Arbus Foundation Inc has awarded $860,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
LOREEN ARBUS FOUNDATION PURPOSE: TO MAKE GRANTS TO QUALIFYING PUBLIC CHARITIES | $800,000 |
CEREBRAL PALSY ALLIANCE RESEARCH FD PURPOSE: GENERAL OPERATING | $10,000 |
BROADCASTERS FOUNDATION OF AMERICA PURPOSE: GENERAL OPERATING | $10,000 |
CHEWONKI PURPOSE: GENERAL OPERATING | $1,000 |
BOSTON LATIN SCHOOL PURPOSE: GENERAL OPERATING | $5,000 |
CORNELL UNIVERSITY PURPOSE: CORNELL ANNUAL FUND | $2,500 |