Florence Gould Foundation
- Assets
- $3.1m
- Revenue
- -$3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1961
- Data as of
- 12/2022
- EIN
- 13-6176855
Organization Overview
Florence Gould Foundation is located in New York, NY. The organization was established in 1961. 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. Florence Gould Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Florence Gould Foundation has awarded 133 individual grants totaling $41,163,680. 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 |
|---|---|---|---|
Anne H Young President, Director | 5 | $0 | |
Joan Murtagh Frankel Vice Pres, Secretary, Director | 5 | $0 | |
Mary Young Vice Pres, Treasurer, Director | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cahill Gordon & Reindel Llp | 12/30/22 | $143,848 |
Lussan & Associates | 12/30/22 | $102,533 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $58,766 |
| Dividends & Interest | $93,183 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,392,157 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$224 |
| Total Revenue | -$3,240,432 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,270 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $127,879 |
| Total operating and administrative expenses | $340,469 |
| Contributions, gifts, grants paid | $18,590,520 |
| Total expenses and disbursements | $18,930,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $337,478 |
| Savings and temporary cash investments | $2,617,163 |
| 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 | $123,600 |
| Total assets | $3,078,241 |
| 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, Florence Gould Foundation has awarded $20,890,520 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF LES ARTS FLORISSANTS PURPOSE: TO COVER EXPENSES FOR QUARTIER DES ARTISTES AND EDUCATIONAL PROGRAMS | $500,000 |
AMERICAN LIBRARY IN PARIS PURPOSE: CULTURAL PROGRAMS | $250,000 |
TRUSTEES OF COLUMBIA UNIVERSITY (COLUMBIA U PRESS) PURPOSE: FOR FRENCH TRANSLATION | $500,000 |
FRENCH INSTITUTE ALLIANCE FRANCAISE PURPOSE: FOR SUPPORT OF CULTURAL PROGRAMS AND UPKEEP OF GOULD THEATER | $5,000,000 |
WORLD MONUMENTS FUND PURPOSE: GRANT TO ESTABLISH ENDOWMENT FOR SUPPORT OF PARIS HEADQUARTERS PER AGREEMENT DATED 7/1/2022 | $1,500,000 |
AMERICAN HOSPITAL OF PARIS PURPOSE: SUPPORT FOR EXCHANGE PROGRAM | $6,000,000 |