Albert Goodstein Family Foundation
- Assets
- $1.4m
- Revenue
- $196.3k
- Investments
- $1.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1992
- Data as of
- 12/2023
- EIN
- 36-3780985
Organization Overview
Albert Goodstein Family Foundation is located in Chicago, IL. The organization was established in 1992. 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. Albert Goodstein 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 12/2023, Albert Goodstein Family Foundation generated $196.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $217.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Albert Goodstein Family Foundation has awarded 242 individual grants totaling $1,485,530. 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 |
|---|---|---|---|
Marilyn Kushen President | 2 | $0 | |
Alisa Kagen Vice President | 2 | $0 | |
Marilyn Kushen Treasurer | 2 | $0 | |
Alisa Kagan Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $102 |
| Dividends & Interest | $75,510 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $120,666 |
| Capital Gain Net Income | $120,666 |
| Net ST Capital Gain | $322 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $196,278 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,048 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $130 |
| Total operating and administrative expenses | $22,380 |
| Contributions, gifts, grants paid | $195,430 |
| Total expenses and disbursements | $217,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,391 |
| 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 | $62,127 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,448,853 |
| 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, Albert Goodstein Family Foundation has awarded $195,430 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
ANTI-DEFAMATION LEAGUE PURPOSE: UNRESTRICTED | $8,000 |
BOSTON CHILDREN'S HOSPITAL TRUST PURPOSE: UNRESTRICTED | $3,000 |
BROWN UNIVERSITY PURPOSE: UNRESTRICTED | $10,000 |
ASOLO REPERTORY THEATRE PURPOSE: UNRESTRICTED | $27,600 |
FRANCIS W PARKER SCHOOL PURPOSE: UNRESTRICTED | $3,000 |
MUSEUM OF CONTEMPORARY ART PURPOSE: UNRESTRICTED | $20,000 |