Gordon Family Foundation Inc
- Assets
- $3.3m
- Revenue
- $236.9k
- Investments
- $2.9m
- Employees
- 0
- Location
- Hallandale, FL
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 65-0708527
Organization Overview
Gordon Family Foundation Inc is located in Hallandale, FL. The organization was established in 1997. 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 Family 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 Family Foundation Inc generated $236.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $175.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Gordon Family Foundation Inc has awarded 117 individual grants totaling $1,525,000. 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 |
|---|---|---|---|
Gail Gordon President And Chairperson | 1 | $20,834 | |
Stacy Gordon-Studnik Director | 2 | $26,042 | |
Jason Gordon Director | 0.4 | $0 | |
Amanda Kramer Director | 0.4 | $26,042 | |
Ashley Studnik Director | 0.4 | $0 | |
Alec Studnik Director | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $98,289 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $138,516 |
| Capital Gain Net Income | $138,516 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $60 |
| Total Revenue | $236,865 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $72,918 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $42,435 |
| Interest | $0 |
| Taxes | $16,457 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,894 |
| Total operating and administrative expenses | $163,579 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $175,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $318,761 |
| Savings and temporary cash investments | $0 |
| 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 | $45,513 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,259,028 |
| 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 Family Foundation Inc has awarded $12,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NOVA SOUTHEASTERN UNIVERSITY PURPOSE: CHARITABLE | $10,000 |
UNICEF PURPOSE: PC - REFUND OF 2021 CHARITABLE PAYMENT | -$8,000 |
UNIVERSITY OF MICHIGAN PURPOSE: CHARITABLE | $10,000 |