Alvin Goldfarb Foundation
- Assets
- $115.8m
- Revenue
- $3.5m
- Investments
- $62.7m
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 08/1993
- Data as of
- 12/2019
- EIN
- 43-1621937
Alvin Goldfarb Foundation Overview
Alvin Goldfarb Foundation is located in Saint Louis, MO. The organization was established in 1993. 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.
For the year ending 12/2019, Alvin Goldfarb Foundation generated $3.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $9.9m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alvin Goldfarb Foundation has awarded 63 individual grants totaling $67,782,528. 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
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Alvin Goldfarb Foundation Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean M Cody CPA Trustee/manager | 40 | $254,276 | |
Robert M Gioia Executive Director | 50 | $218,526 | |
Michael Sorth Executive Director | 50 | $206,267 | |
Andrea M Moravec CFO | 50 | $156,435 | |
Robert Goldfarb Trustee | 1 | $0 |
Alvin Goldfarb Foundation Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jean M Cody Cpa Pc | 12/30/19 | $74,389 |
Shulamith Simon Attorney At Law | 12/30/19 | $61,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $776,374 |
| Dividends & Interest | $2,572,956 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $111,179 |
| Capital Gain Net Income | $111,179 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $325 |
| Total Revenue | $3,460,834 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $254,276 |
| Other employee salaries and wages | $581,228 |
| Pension plans, employee benefits | $39,826 |
| Interest | $108 |
| Taxes | $130,579 |
| Depreciation | $1,755 |
| Occupancy | $33,330 |
| Travel, conferences, and meetings | $5,020 |
| Printing and publications | $0 |
| Other expenses | $20,313 |
| Total operating and administrative expenses | $1,142,213 |
| Contributions, gifts, grants paid | $8,791,680 |
| Total expenses and disbursements | $9,933,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,134 |
| Savings and temporary cash investments | $51,349,396 |
| Net Accounts receivable | $574,428 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $873,128 |
| 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 | $8,210 |
| Other assets | $62,820 |
| Total assets | $115,758,491 |
| Accounts payable and accrued expenses | $24,619 |
| Grants payable | $689,664 |
| 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 | $714,283 |
Alvin Goldfarb Foundation Grants Awarded
Over the last fiscal year, Alvin Goldfarb Foundation has awarded $8,791,680 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY IMPACT NETWORK PURPOSE: GRANTS COORDINATION AND DISTRIBUTION | $6,447,437 |
Saint Louis, MO PURPOSE: COMMUNITY BUILDING &ECONOMIC DEVELOPMENT | $3,707,611 |
NORTH SIDE COMMUNITY SCHOOL PURPOSE: TRANSPORTATIONSUPPORT | $50,000 |
GRACE HILL PURPOSE: SUPPORT MOTHERS ANDTHEIR CHILDREN | $17,120 |
Saint Louis, MO PURPOSE: SUPPORT MOTHERS AND THEIR CHILDREN | $16,999 |
NURSES FOR NEWBORNS PURPOSE: HOME VISITATIONPROGRAM FORNEW MOTHERS | $8,896 |
Alvin Goldfarb Foundation Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jeremiah 924 Foundation Springfield, MO | $1,443,820 | $20,396,177 |
Steans Family Foundation Chicago, IL | $298,259,884 | $249,216,213 |
James Graham Brown Foundation Inc Louisville, KY | $335,525,320 | $20,696,398 |
Penner Family Foundation Bentonville, AR | $172,245,354 | $7,890,113 |
Donald C Rockola Charitable Trust St Charles, IL | $23,182 | $18,492,887 |
A R And Marylouise Tandy Foundation Tulsa, OK | $17,707,564 | $5,783,209 |
The Bobolink Foundation Chicago, IL | $235,725,521 | $6,125,566 |
Edgerley Family Foundation Overland Park, KS | $139,914,655 | $22,161,924 |
Marion And Henry Bloch Family Foundation Kansas City, MO | $421,817,140 | $181,087,070 |
Muriel Mcbrien Kauffman Foundation Kansas City, MO | $236,114,874 | $28,146,620 |
Cement Masons Local No 502 Savings Fund Bellwood, IL | $3,244,340 | $8,802,486 |
Coleman Foundation Inc Chicago, IL | $190,893,714 | $14,430,280 |
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