Aaron And Cecile Goldman Foundation
- Assets
- $3.4m
- Revenue
- $199.5k
- Investments
- $3.4m
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 01/1964
- Data as of
- 12/2022
- EIN
- 52-6037949
Organization Overview
Aaron And Cecile Goldman Foundation is located in Rockville, MD. The organization was established in 1964. 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. Aaron And Cecile Goldman 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, Aaron And Cecile Goldman Foundation generated $199.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $249.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Aaron And Cecile Goldman Foundation has awarded 162 individual grants totaling $1,473,529. 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 |
|---|---|---|---|
Michael D Goldman Trustee | 0.5 | $0 | |
David A Margolius Trustee | 0.25 | $0 | |
Kenneth E Margolius Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $90,102 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $109,355 |
| Capital Gain Net Income | $109,355 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $199,457 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,814 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $174 |
| Total operating and administrative expenses | $49,710 |
| Contributions, gifts, grants paid | $199,429 |
| Total expenses and disbursements | $249,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,805 |
| 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 | $1,980,989 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,434,930 |
| 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, Aaron And Cecile Goldman Foundation has awarded $199,429 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF IDC PURPOSE: ONE-TIME GRANT OF $10,000 FOR THE 2022 ACADEMIC YEAR | $10,000 |
AMERICAN FRIENDS OF SHANTI HOUSE INC PURPOSE: 2022 GRANT FOR GENERAL OPERATING SUPPORT | $7,500 |
ABRAHAM JOSHUA HESCHEL SCHOOL PURPOSE: DONATION IN HONOR OF LORI AND BRETT ZBAR | $10,000 |
AMERICAN FRIENDS OF LEKET ISRAEL INC PURPOSE: ONE-TIME GRANT FOR GENERALING AND MATCHING GRANT OPPORTUNITY | $10,000 |
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE PURPOSE: ONE-TIME GRANT TO ASSIST WITH EMERGENCY RELIEF EFFORTS IN UKRAINE | $10,000 |
CHAMAH PURPOSE: ONE-TIME EMERGENCY GRANT - UKRANIAN RELIEF EFFORTS | $7,500 |