The Arnold Gold Foundation
- Assets
- $15.9m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Englewood Cliffs, NJ
- Founding
- 09/1990
- Data as of
- 12/2021
- EIN
- 22-3052098
Organization Overview
The Arnold Gold Foundation, operating under the name The Arnold P Gold Foundation, is located in Englewood Cliffs, NJ. The organization was established in 1990. 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. As of 12/2021, Arnold P Gold Foundation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arnold P Gold 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 12/2021, Arnold P Gold Foundation generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Arnold P Gold Foundation has awarded 37 individual grants totaling $486,087. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER HUMANISM IN MEDICINE THROUGH ACTIVITIES AND EDUCATION FOR HEALTHCARE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEREMONIES AND AWARDS - 361 CEREMONIES AND AWARDS AIMED AT ELEVATING HUMANISM IN MEDICINE SO THAT HUMANISTIC CARE BECOMES PART OF PHYSICIAN'S AND NURSE'S COMPETENCY AND REFLECTED IN THE CARE DELIVERED TO PATIENTS.
PROGRAM DEVELOPMENT AND RESEARCH - THE GOLD FOUNDATION DEVELOPS, PILOTS, AND REPLICATES PROGRAMS DESIGNED TO TEACH THE HABITS OF HUMANISM (E.G. EMPATHIC COMMUNICATION, INTEGRITY, AND RESPECT FOR PATIENTS VALUES AND CONCERNS) AND COMPASSION TO DOCTORS AND NURSES IN TRAINING. RESEARCH EFFORTS EXPLORE ISSUES SURROUNDING HUMANISM IN MEDICINE AND HOW IT IS TAUGHT AND LEARNED.
EDUCATION AND TRAINING - THE GOLD FOUNDATION PROVIDES GRANTS TO FACULTY RESIDENTS AND STUDENTS TO PURSUE VARIOUS PROGRAMMING THAT INFLUENCES THE GROWTH OF COMPASSIONATE AND RESPECTFUL PATIENT CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Levin MD President/ceo | OfficerTrustee | 40 | $383,462 |
Stuart Chizzik Vp, Chief Development Officer | Officer | 40 | $223,077 |
Ben Rodriguez Asst Treas Svp, Chief Finance & Admin Off | Officer | 40 | $219,617 |
Elizabeth Cleek Svp, Chief Operating Officer | Officer | 40 | $207,599 |
Pia Pyne Miller Sr. Dir., Strategy & Bus. Dev. | 40 | $108,710 | |
Brianne Alcala Avp, Commun., Editor-In-Chief | 40 | $107,694 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $346,700 |
| Fundraising events | $605,076 |
| Related organizations | $0 |
| Government grants | $281,148 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,579,408 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,812,332 |
| Total Program Service Revenue | $0 |
| Investment income | $405,983 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $273,039 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,510,567 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $363,552 |
| 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. | $1,120,676 |
| Compensation of current officers, directors, key employees. | $106,999 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $676,845 |
| Pension plan accruals and contributions | $41,195 |
| Other employee benefits | $111,050 |
| Payroll taxes | $122,682 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,342 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $14,750 |
| Fees for services: Investment Management | $67,989 |
| Fees for services: Other | $152,716 |
| Advertising and promotion | $36,160 |
| Office expenses | $92,140 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,503 |
| Travel | $8,564 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,305 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,906 |
| Insurance | $12,901 |
| All other expenses | $0 |
| Total functional expenses | $3,014,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $971,600 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $447,112 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,682 |
| Investments—publicly traded securities | $14,303,439 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $129,690 |
| Total assets | $15,854,523 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $61,200 |
| Deferred revenue | $158,333 |
| 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 | $376,250 |
| Other liabilities | $106,060 |
| Total liabilities | $701,843 |
| Net assets without donor restrictions | $2,548,445 |
| Net assets with donor restrictions | $12,604,235 |
| 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 | $15,854,523 |
Grants Awarded
Over the last fiscal year, The Arnold Gold Foundation has awarded $86,910 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
RUTGERS THE STATE UNIVERSITY OF NJ PURPOSE: White coat ceremonies | $20,000 |
New York, NY PURPOSE: picker and general support | $17,000 |
Baltimore, MD PURPOSE: picker | $16,550 |
New York, NY PURPOSE: Harvard Macy Institute & ceremonies | $10,000 |
Redwood City, CA PURPOSE: picker | $10,000 |
THE PENNSYLVANIA STATE UNIVERSITY PURPOSE: picker | $7,360 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Arnold Gold Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Irving And Geraldine Schaffer Foundation Inc Scarsdale, NY PURPOSE: GENERAL USE | $10,000 |
Endowment Analysis
| Beg. Balance | $11,529,685 |
| Earnings | $1,233,995 |
| Net Contributions | $25,000 |
| Other Expense | $493,945 |
| Ending Balance | $12,294,735 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |