Goldberg Charitable Corporation To Improve The Food System Inc
- Assets
- $5.7m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 46-3072368
Organization Overview
Goldberg Charitable Corporation To Improve The Food System Inc is located in Wellesley, MA. The organization was established in 2013. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goldberg Charitable Corporation To Improve The Food System 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 12/2021, Goldberg Charitable Corporation To Improve The Food System Inc generated $1.2m in total revenue. All expenses for the organization totaled $80.1k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GOLDBERG CHARITABLE CORPORATION TO IMPROVE THE FOOD SYSTEM, INC. IS TO PROVIDE FINANCIAL SUPPORT FOR AN ANNUAL CONFERENCE DESIGNED TO BRING TOGETHER WORLD LEADERS FROM THE PUBLIC AND PRIVATE SECTORS, REGULATORS, SCIENTIST AND CONSUMER REPRESENTATIVES FOR ACADEMIC RESEARCH AND THE EXCHANGE OF INFORMATION AND IDEAS RELATING TO THE GLOBAL FOOD SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE GOLDBERG CHARITABLE CORPORATION TO IMPROVE THE FOOD SYSTEM, INC. IS TO PROVIDE SUPPORT FOR A THINK TANK DEDICATED TO THE EXCHANGE OF INFORMATION RELATING TO THE U.S. FOOD SYSTEM AND TO CARRY ON ANY OTHER ACTIVITY IN SUPPORT OF AND TO BENEFIT THE ABOVE PURPOSES AS MAY LAWFULLY BE CARRIED ON BY THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc E Goldberg Director | Trustee | 3 | $0 |
Jonathan R Malkin Director | Trustee | 0.5 | $0 |
Brian G Rothwell Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,200,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,200,220 |
| Total Program Service Revenue | $0 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,200,227 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $15,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $60,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $653 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $80,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,618,712 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $100,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,718,712 |
| Accounts payable and accrued expenses | $4,400 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,400 |
| Net assets without donor restrictions | $955,619 |
| Net assets with donor restrictions | $4,758,693 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,718,712 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Goldberg Charitable Corporation To Improve The Food System Inc has recieved totaling $110,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $100,000 |
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tomche Shabbos Of Rockland County Monsey, NY | $3,190,088 | $8,439,711 |
Interfaith Nutrition Network Hempstead, NY | $10,559,882 | $10,681,917 |
St Johns Bread & Life Program Inc Brooklyn, NY | $8,308,596 | $7,077,565 |
Boston Area Gleaners Inc Acton, MA | $5,396,284 | $7,361,756 |
Urban Food Initiative Dorchester, MA | $4,670,593 | $4,930,418 |
Rescuing Leftover Cuisine New York, NY | $1,103,625 | $3,644,862 |
Lasagna Love Inc Williamstown, MA | $142,703 | $3,275,591 |
Food Link Inc Arlington, MA | $6,530,606 | $4,394,234 |
Island Grown Initiative Ltd Vineyard Haven, MA | $8,457,052 | $3,594,169 |
We Share Hope Rumford, RI | $641,467 | $2,386,807 |
My Brothers Table Inc Lynn, MA | $2,689,609 | $2,553,302 |
Reaching Out Community Services Inc Brooklyn, NY | $1,740,563 | $2,158,226 |