Goel Foundation
- Assets
- $0.0
- Revenue
- $691.6k
- Investments
- $7.6m
- Employees
- 0
- Location
- Atherton, CA
- Founding
- 10/1991
- Data as of
- 12/2020
- EIN
- 77-0269072
Organization Overview
Goel Foundation is located in Atherton, CA. The organization was established in 1991. 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. Goel 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 12/2020, Goel Foundation generated $691.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $381.7k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prabhu Goel Secretary | 1 | $0 | |
Poonam Goel President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,020 |
| Dividends & Interest | $64,107 |
| Profit on Inventory Sales | $0 |
| Other Income | $564,714 |
| Total Revenue | $691,564 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $81,682 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $381,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,041 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,120,329 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $420 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |