Goldstone Family Foundation
- Assets
- $23.6m
- Revenue
- $1.2m
- Investments
- $17.7m
- Employees
- 0
- Location
- Ridgefield, CT
- Founding
- 11/2000
- Data as of
- 12/2022
- EIN
- 06-1596255
Organization Overview
Goldstone Family Foundation is located in Ridgefield, CT. The organization was established in 2000. 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. Goldstone Family 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, Goldstone Family Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Goldstone Family Foundation has awarded 819 individual grants totaling $8,554,383. 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 |
|---|---|---|---|
Steven F Goldstone Co Beverly Chase Director, President & Trea | 10 | $0 | |
Elizabeth Goldstone Co Beverly Chas Director, Vp, Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17,325 |
| Dividends & Interest | $301,547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $567,892 |
| Capital Gain Net Income | $567,892 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $268,179 |
| Total Revenue | $1,154,943 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $75,000 |
| Pension plans, employee benefits | $15,000 |
| Interest | $0 |
| Taxes | $60,103 |
| Depreciation | $0 |
| Occupancy | $40,268 |
| Travel, conferences, and meetings | $679 |
| Printing and publications | $0 |
| Other expenses | $60,078 |
| Total operating and administrative expenses | $358,287 |
| Contributions, gifts, grants paid | $1,000,214 |
| Total expenses and disbursements | $1,358,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,419,377 |
| 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 | $400,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,251,725 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,563,756 |
| 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, Goldstone Family Foundation has awarded $1,000,214 in support to 111 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER CHANCE IN RIDGEFIELD INC PURPOSE: GENERAL USE | $1,000 |
ABILITY BEYOND PURPOSE: GENERAL USE | $1,000 |
ACT OF CONNECTICUT THEATRE PURPOSE: GENERAL USE | $15,500 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL USE | $100 |
ALLIES IN ARTS-TRANS SANTA PURPOSE: GENERAL USE | $1,029 |
ANIMAL KIND INC PURPOSE: GENERAL USE | $100 |