Edward W Golden Foundation
- Assets
- $1.9m
- Revenue
- $85.4k
- Investments
- $1.8m
- Employees
- 0
- Location
- Hudson, NY
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 47-6624031
Organization Overview
Edward W Golden Foundation is located in Hudson, NY. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Edward W Golden 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 12/2022, Edward W Golden Foundation generated $85.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 29.7% each year . All expenses for the organization totaled $185.5k during the year ending 12/2022. While expenses have increased by 15.0% 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 2015, Edward W Golden Foundation has awarded 109 individual grants totaling $878,200. 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 |
|---|---|---|---|
Theodore Guterman II Trustee | 1 | $2,747 | |
Raymond G Preusser Trustee | 1 | $2,747 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $42 |
| Dividends & Interest | $40,780 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,894 |
| Capital Gain Net Income | $43,894 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $656 |
| Total Revenue | $85,372 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,494 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,540 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $30,479 |
| Contributions, gifts, grants paid | $155,000 |
| Total expenses and disbursements | $185,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $78,086 |
| 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 | $3,139 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,345,544 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,874,480 |
| 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, Edward W Golden Foundation has awarded $155,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
CHATHAM AREA SILENT FOOD PANTRY PURPOSE: PROGRAM FUNDING | $10,000 |
CHATHAM CENTER CEMETERY ASSOCIATION PURPOSE: PROGRAM FUNDING | $15,000 |
COARC PURPOSE: PROGRAM FUNDING | $5,000 |
CHATHAM RESCUE SQUAD PURPOSE: PROGRAM FUNDING | $5,000 |
COLUMBIA CO HABITAT FOR HUMANITY PURPOSE: PROGRAM FUNDING | $10,000 |
COLUMBIA COUNTY AGRICULTURAL SOCIET PURPOSE: PROGRAM FUNDING | $10,000 |