The Gordon Family Foundation
- Assets
- $40.8m
- Revenue
- $34.7m
- Investments
- $4.9m
- Employees
- 0
- Location
- Saratoga Springs, NY
- Founding
- 08/2012
- Data as of
- 12/2023
- EIN
- 38-7019693
Organization Overview
The Gordon Family Foundation is located in Saratoga Springs, NY. The organization was established in 2012. 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. Gordon Family 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, Gordon Family Foundation generated $34.7m in total revenue. All expenses for the organization totaled $31.9k during the year ending 12/2023.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Gordon Trustee | 2 | $0 | |
Rockefeller Trust Company Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $34,500,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $329,628 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$157,148 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,672,480 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $31 |
| Taxes | $7,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $31,942 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $31,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,907,873 |
| 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 | $987,564 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $40,765,808 |
| 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, The Gordon Family Foundation has awarded $700,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MOUNT SINAI HOSPITAL PURPOSE: CHARITABLE | $300,000 |
ISRAEL CANCER RESEARCH FUND PURPOSE: CHARITABLE | $300,000 |
BOSTON SYMPHONY ORCHESTRA PURPOSE: CHARITABLE | $100,000 |