Arthur M Goldberg And Veronica Goldberg Foundation Inc
- Assets
- $6.9m
- Revenue
- $535.6k
- Investments
- $6.9m
- Employees
- 0
- Location
- Rosemont, NJ
- Founding
- 03/1987
- Data as of
- 12/2021
- EIN
- 22-2779193
Organization Overview
Arthur M Goldberg And Veronica Goldberg Foundation Inc is located in Rosemont, NJ. The organization was established in 1987. 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. Arthur M Goldberg And Veronica Goldberg 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 12/2021, Arthur M Goldberg And Veronica Goldberg Foundation Inc generated $535.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $453.2k during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Arthur M Goldberg And Veronica Goldberg Foundation Inc has awarded 167 individual grants totaling $2,958,300. 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 |
|---|---|---|---|
Veronica Goldberg President, Secretary | 0 | $0 | |
Wendy Pew Trustee | 0 | $0 | |
Kerry Sherif Trustee | 0 | $0 | |
Michael Goldberg Trustee | 0 | $0 | |
Jody Seibert Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,369 |
| Dividends & Interest | $185,937 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $335,245 |
| Capital Gain Net Income | $335,245 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $535,551 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,819 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $71,013 |
| Total operating and administrative expenses | $99,650 |
| Contributions, gifts, grants paid | $353,500 |
| Total expenses and disbursements | $453,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $2,521,610 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,352 |
| Total assets | $6,908,152 |
| Accounts payable and accrued expenses | $50,149 |
| 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 | $50,149 |
Grants Awarded
Over the last fiscal year, Arthur M Goldberg And Veronica Goldberg Foundation Inc has awarded $353,500 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
MORRISTOWN MEDICAL CENTER PURPOSE: SUPPORT FOR EXPANSION OF THE GORYEB CHILDREN'S HOSPITAL | $50,000 |
Rosemont, PA PURPOSE: SUPPORT FOR THE DARE TO DO MORE CAMPAIGN | $50,000 |
Chappaqua, NY PURPOSE: GENERAL SUPPORT FOR THE CARE, COMFORT AND CURE OF CHILDREN WITH BRAIN AND SPINAL CORD TUMORS | $38,500 |
VILLANOVA UNIVERSITY SCHOOL OF LAW PURPOSE: ARTHUR AND VERONICA GOLDBERG FUND | $37,500 |
NEW YORK-PRESBYTERIAN HOSPITAL PURPOSE: GENERAL SUPPORT FOR THE HOSPITAL | $25,000 |
BOSTON COLLEGE PURPOSE: ARTHUR M GOLDBERG MEMORIAL SCHOLARSHIP FUND | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |