Joseph N Gorson Foundation

Organization Overview

Joseph N Gorson Foundation is located in Philadelphia, PA. The organization was established in 1955. 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. Joseph N Gorson 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 11/2022, Joseph N Gorson Foundation generated $54.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $37.9k during the year ending 11/2022. While expenses have increased by 3.4% per year over the past 6 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 2016, Joseph N Gorson Foundation has awarded 49 individual grants totaling $170,050. 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)Compensation
Lynne Cohen
Chairman
$0
Janice W Gorson
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $5,675
Net Rental Income$0
Net Gain on Sale of Assets $49,146
Capital Gain Net Income $49,146
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $54,821

Grants Awarded

Over the last fiscal year, Joseph N Gorson Foundation has awarded $36,500 in support to 10 organizations.

Grant RecipientAmount

JEWISH FEDERATION

PURPOSE: CHARITABLE DONATION

$11,750

CONGREGATION BETH EL NER TAMID

Org PageRecipient Profile

Broomall, PA

PURPOSE: CHARITABLE DONATION

$9,500

HAR ZION TEMPLE

PURPOSE: CHARITABLE DONATION

$5,000

ST JUDE'S CHILDRENS RESEARCH HOSP

Org PageRecipient Profile

Memphis, TN

PURPOSE: CHARITABLE DONATION

$4,000

JFCS OF GREATER PHILADELPHIA

PURPOSE: CHARITABLE DONATION

$2,000

JEWISH RELIEF AGENCY

Org PageRecipient Profile

Bala Cynwyd, PA

PURPOSE: CHARITABLE DONATION

$1,000
View Grant Profile

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