Irving & Arline Gordon Memorial Foundation
- Assets
- $324.7k
- Revenue
- $28.6k
- Investments
- $317.4k
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 07/2010
- Data as of
- 12/2023
- EIN
- 30-6218949
Organization Overview
Irving & Arline Gordon Memorial Foundation is located in Scottsdale, AZ. The organization was established in 2010. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Irving & Arline Gordon Memorial Foundation 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, Irving & Arline Gordon Memorial Foundation generated $28.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.5% each year . All expenses for the organization totaled $50.1k during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 8 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 2017, Irving & Arline Gordon Memorial Foundation has awarded 144 individual grants totaling $204,212. 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 |
|---|---|---|---|
Andrew Gordon Trustee | 5 | $0 | |
Nancy Gordon Trustee | 5 | $18,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,321 |
| Capital Gain Net Income | $12,321 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $593 |
| Total Revenue | $28,622 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,953 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $94 |
| Total operating and administrative expenses | $23,047 |
| Contributions, gifts, grants paid | $27,093 |
| Total expenses and disbursements | $50,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,278 |
| Savings and temporary cash investments | $0 |
| 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 | $317,394 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $324,672 |
| 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, Irving & Arline Gordon Memorial Foundation has awarded $27,093 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DESERT FOOTHILLS LAND TRUST PURPOSE: IN ACCORDANCE WITH THE CHARITABLE PURPOSE | $1,500 |
CAVE CREEK MUSEUM PURPOSE: IN ACCORDANCE WITH THE CHARITABLE PURPOSE | $500 |
HEARD MUSUEM PURPOSE: IN ACCORDANCE WITH THE CHARITABLE PURPOSE | $750 |
JEWISH NATIONAL FUND PURPOSE: IN ACCORDANCE WITH THE CHARITABLE PURPOSE | $2,500 |
MCDOWELL SONORAN CONSERVANCY PURPOSE: IN ACCORDANCE WITH THE CHARITABLE PURPOSE | $1,500 |
METROPOLITAN MUSEUM OF ART PURPOSE: IN ACCORDANCE WITH THE CHARITABLE PURPOSE | $343 |