Kevin & Kathleen Gould Family Foundation Inc is located in Duxbury, MA. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Kevin & Kathleen Gould Family 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, Kevin & Kathleen Gould Family Foundation Inc generated $18.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $28.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kevin & Kathleen Gould Family Foundation Inc has awarded 69 individual grants totaling $397,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Gould President | 1 | $0 | |
Kathleen Gould Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,821 |
| Dividends & Interest | $3,011 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,832 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $28,000 |
| Total expenses and disbursements | $28,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,087 |
| Savings and temporary cash investments | $3,770 |
| 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 | $530,854 |
| 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 |
Over the last fiscal year, Kevin & Kathleen Gould Family Foundation Inc has awarded $28,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY FAMILY CHURCH PURPOSE: RELIGIOUS | $2,500 |
CHANDLER SCHOOL PTA PURPOSE: EDUCATION | $1,000 |
XAVERIAN BROTHERS PURPOSE: EDUCATION | $3,500 |
BRIGHAM & WOMEN'S HOSPITAL PURPOSE: HEALTH CARE | $10,000 |
PETER BANKS ENDOWMENT FUND PURPOSE: HEALTH CARE | $5,000 |
BOSTON COLLEGE PURPOSE: EDUCATION | $1,000 |