Gordon Foundation Inc
- Assets
- $1.1m
- Revenue
- $27.1k
- Investments
- $566.4k
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 01/1994
- Data as of
- 12/2022
- EIN
- 61-1230889
Organization Overview
Gordon Foundation Inc is located in Louisville, KY. The organization was established in 1994. 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 Foundation 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 12/2022, Gordon Foundation Inc generated $27.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $84.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gordon Foundation Inc has awarded 111 individual grants totaling $875,215. 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 |
|---|---|---|---|
Jeffrey Gordon Director | 0 | $0 | |
J Clifton Mahaffey Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,022 |
| Dividends & Interest | $23,058 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,974 |
| Total operating and administrative expenses | $16,701 |
| Contributions, gifts, grants paid | $67,600 |
| Total expenses and disbursements | $84,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,052 |
| Savings and temporary cash investments | $494,725 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,136,163 |
| 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, Gordon Foundation Inc has awarded $67,600 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF THE ENVIRONMENT PURPOSE: CHARTIABLE | $5,000 |
FUND FOR THE ARTS PURPOSE: CHARTIABLE | $20,000 |
NAMI PURPOSE: CHARTIABLE | $5,000 |
GREEN TURTLE CAY FOUNDATION PURPOSE: CHARTIABLE | $5,000 |
PLANNED PARENTHOOD PURPOSE: CHARTIABLE | $5,000 |
OCEANA PURPOSE: CHARTIABLE | $5,000 |