Gotham Gives Inc
- Assets
- $3.4m
- Revenue
- $3.7m
- Investments
- $1.8m
- Employees
- 1
- Location
- New York, NY
- Founding
- Data as of
- 12/2023
- EIN
- 85-3808077
Organization Overview
Gotham Gives Inc is located in New York, NY. 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. Gotham Gives 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 12/2023, Gotham Gives Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GOTHAM GIVES INVESTS IN INITIATIVES THAT REFLECT THE RICH DIVERSITY OF NEW YORK CITY AND IMPROVE SYSTEMIC EQUITY BY CREATING SOCIAL, EDUCATIONAL, AND CULTURAL OPPORTUNITIES FOR ALL NEW YORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INVESTING IN KNOWLEDGE. THE CHARITY INTENDS TO PROVIDE GRANTS TO ORGANIZATIONS IN NEW YORK CITY TO FURTHER IMPROVE EDUCATIONAL OPPORTUNITIES AND OUTCOMES FOR STUDENTS IN NEW YORK CITY. ONE OF THE KEY WAYS THE CHARITY INTENDS TO FURTHER THIS CHARITABLE PURPOSE IS BY PROVIDING GRANTS TO ORGANIZATIONS, PROGRAMS, AND SCHOOLS TO ACCOMPLISH THE ESTABLISHMENT OF A CITYWIDE PROGRAM DESIGNED TO PROVIDE COMPREHENSIVE, UNIVERSAL ACCESS TO COMPUTER SCIENCE EDUCATION TO PUBLIC SCHOOL STUDENTS IN THE NEW YORK CITY PUBLIC SCHOOL SYSTEM AT EACH SCHOOL LEVEL (ELEMENTARY, MIDDLE AND HIGH SCHOOL) BY YEAR 2025. AS PART OF THIS WORK, THE CHARITY WILL HOST A COMPUTER SCIENCE OPPORTUNITY FAIR, AN EVENT TO INTRODUCE PUBLIC SCHOOL STUDENTS TO OPPORTUNITIES AVAILABLE TO THEM IN THE TECH WORKPLACE AND IN HIGHER EDUCATION. THE CHARITY WILL SEEK SPONSORSHIPS TO UNDERWRITE THE FAIR'S EXPENSES.IN ADDITION, THE CHARITY INTENDS TO PROVIDE SCHOLARSHIP OPPORTUNITIES FOR PUBLIC SCHOOL EDUCATORS IN NEW YORK CITY TO FURTHER THEIR EDUCATION. FOR EXAMPLE, THE CHARITY PLANS TO PROVIDE GRANTS TO TEACHERS IN THE NEW YORK CITY PUBLIC SCHOOL SYSTEM TO SUPPORT THE TUITION OF THESE SELECT TEACHERS TO ATTEND TRAINING COURSES AT VARIOUS SELECT PROGRAMS AND UNIVERSITIES IN THE NEW YORK CITY AREA. WITH AN EMPHASIS ON SELECTING DIVERSE CANDIDATES, THESE SCHOLARSHIPS WILL ALLOW EDUCATORS TO FURTHER IMPROVE THEIR TOOLS AND SKILLS IN TEACHING AND MENTORING PUBLIC SCHOOL STUDENTS IN NEW YORK CITY.
EXPANDING CULTURAL OPPORTUNITIES. GOTHAM GIVES INVESTS IN ART ORGANIZATIONS AND THOSE THAT EXPAND OPPORTUNITIES FOR OPEN SPACE.
EMPOWERING OUR COMMUNITIES. THE CHARITY PLANS TO PROVIDE GRANTS TO ORGANIZATIONS THAT FURTHER THE CHARITY'S EXEMPT PURPOSES OF SUPPORTING PROGRAMS THAT BENEFIT THE NEEDIEST NEW YORKERS, INVESTING IN EFFORTS AND PROGRAMS THAT PROMOTE GENDER AND RACIAL EQUITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Wilson President | OfficerTrustee | 20 | $0 |
Fred Wilson Secretary | OfficerTrustee | 20 | $0 |
Sarah M Holloway Treasurer | OfficerTrustee | 2 | $0 |
Jennifer S Klopp Executive Director | Officer | 40 | $330,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $145,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,924,958 |
| Noncash contributions included in lines 1a–1f | $1,719,958 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,069,958 |
| Total Program Service Revenue | $0 |
| Investment income | $1,503 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $792,441 |
| Net Income from Fundraising Events | -$199,614 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,664,288 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,426,439 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $351,670 |
| Compensation of current officers, directors, key employees. | $70,334 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,945 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,221 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,589 |
| Advertising and promotion | $0 |
| Office expenses | $1,748 |
| Information technology | $5,570 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,343 |
| All other expenses | $1,246 |
| Total functional expenses | $1,837,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,493 |
| Savings and temporary cash investments | $1,505,910 |
| Pledges and grants receivable | $25,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $644 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,790,726 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,446,773 |
| Accounts payable and accrued expenses | $3,627 |
| Grants payable | $5,474,522 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,478,149 |
| Net assets without donor restrictions | -$2,084,373 |
| Net assets with donor restrictions | $52,997 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,446,773 |
Grants Awarded
Over the last fiscal year, Gotham Gives Inc has awarded $1,340,275 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
STRIVE PURPOSE: FRESH START PROGRAM TO PROVIDE FORMERLY INCARERATED WITH SERVICES AND HELP THEM FIND CAREERS. | $25,000 |
THE FUND FOR PUBLIC SCHOOLS INC PURPOSE: CS4ALL INITIATIVE TO BRING HIGH QUALIFY COMPUTER SCIENCE TO ALL NYC PUBLIC SCHOOL STUDENTS | $990,275 |
FUND FOR PUBLIC HOUSING PURPOSE: GOS | $325,000 |