Leo And Goldstein Family Foundation
- Assets
- $2.6m
- Revenue
- $554.5k
- Investments
- $2.5m
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 38-3347294
Organization Overview
Leo And Goldstein Family Foundation is located in Farmington Hills, MI. The organization was established in 1997. 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. Leo And Goldstein 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, Leo And Goldstein Family Foundation generated $554.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Leo And Goldstein Family Foundation has awarded 438 individual grants totaling $4,355,484. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
JEWISH FEDERATION METRO DETROIT
BRENNAN CENTER
DONATION TO ACLU FOUNDATION
USA FOR UNHCR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leo Goldstein President | 0 | $0 | |
Lisa Goldstein-Prog Sec-Treas. | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,057 |
| Interest on Savings | $1,058 |
| Dividends & Interest | $60,141 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $475,271 |
| Capital Gain Net Income | $475,271 |
| Net ST Capital Gain | $3,320 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $554,527 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,642 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,592 |
| Total operating and administrative expenses | $36,922 |
| Contributions, gifts, grants paid | $1,029,954 |
| Total expenses and disbursements | $1,066,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $105,179 |
| 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 | $891,501 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,644,818 |
| 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, Leo And Goldstein Family Foundation has awarded $1,029,954 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
YIDDISH BOOK CENTER PURPOSE: UNRESTRICTED DONATION | $2,000 |
CENTER FOR JEWISH HISTORY PURPOSE: UNRESTRICTED DONATION | $2,500 |
TAMARACK CAMPS PURPOSE: UNRESTRICTED DONATION | $3,000 |
US HOLOCAUST MEMORIAL MUSEUM PURPOSE: UNRESTRICTED DONATION | $3,500 |
WORLD CENTRAL KITCHEN PURPOSE: UNRESTRICTED | $8,000 |
HOLOCAUST MEMORIAL CENTER PURPOSE: UNRESTRICTED | $4,000 |