Stanley F Goldfein Foundation Inc
- Assets
- $1.5m
- Revenue
- $44.8k
- Investments
- $1.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1967
- Data as of
- 05/2024
- EIN
- 23-7444440
Organization Overview
Stanley F Goldfein Foundation Inc is located in New York, NY. The organization was established in 1967. 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. Stanley F Goldfein 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 05/2024, Stanley F Goldfein Foundation Inc generated $44.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $103.7k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Stanley F Goldfein Foundation Inc has awarded 156 individual grants totaling $149,460. 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 |
|---|---|---|---|
Roanne P Goldfein President | 0 | $0 | |
Myles S Goldfein Vice President | 0 | $0 | |
Sophia G Boyer Secretary | 0 | $0 | |
Jay M Boyer Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $47,492 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,664 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,828 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $216 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,671 |
| Total operating and administrative expenses | $10,887 |
| Contributions, gifts, grants paid | $92,860 |
| Total expenses and disbursements | $103,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,361 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $4,527 |
| 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 | $1,522 |
| Total assets | $1,452,037 |
| 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, Stanley F Goldfein Foundation Inc has awarded $92,860 in support to 87 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: CHARITABLE | $1,000 |
A SAFE PLACE PURPOSE: CHARITABLE | $1,000 |
ALZHEIMERS DISEASE RESEARCH PURPOSE: CHARITABLE | $1,000 |
ADDICTION SOLUTIONS OF NANTUCKET PURPOSE: CHARITABLE | $200 |
AMERICAN HEART ASSOCIATION PURPOSE: CHARITABLE | $1,000 |
AMERICAN INDIAN COLLEGE FUND PURPOSE: CHARITABLE | $200 |