Richard W Goldman Family Foundation
- Assets
- $77.1m
- Revenue
- $245.0k
- Investments
- $74.3m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 45-1261400
Organization Overview
Richard W Goldman Family Foundation is located in Washington, DC. The organization was established in 2011. 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. Richard W Goldman 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, Richard W Goldman Family Foundation generated $245.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (41.5%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Richard W Goldman Family Foundation has awarded 100 individual grants totaling $15,129,002. 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 |
|---|---|---|---|
Alice Goldman Reiter President | 1 | $0 | |
Daniel S Goldman Secretary & Treasurer | 1 | $0 | |
Serra Falk Goldman Board Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bbr Partners Llc | 12/30/22 | $324,064 |
Arabella Advisors Llc | 12/30/22 | $211,396 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,204 |
| Dividends & Interest | $471,053 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$239,214 |
| Capital Gain Net Income | $706,470 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $245,043 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $74,182 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,805 |
| Total operating and administrative expenses | $716,867 |
| Contributions, gifts, grants paid | $3,840,000 |
| Total expenses and disbursements | $4,556,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,906 |
| Savings and temporary cash investments | $2,554,085 |
| 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 | $2,290 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $56,629,129 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $26,235 |
| Total assets | $77,084,218 |
| Accounts payable and accrued expenses | $123,535 |
| 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 | $123,535 |
Grants Awarded
Over the last fiscal year, Richard W Goldman Family Foundation has awarded $3,840,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR EARLY SUCCESS PURPOSE: GENERAL OPERATING SUPPORT & GENERAL OPERATING SUPPORT FOR CHILDCARE NEXT | $450,000 |
BRIGHTER BEGINNINGS PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
CENTER FOR LAW AND SOCIAL POLICY PURPOSE: SUPPORT FOR FAMILY-FRIENDLY IMMIGRATION POLICY ADVOCACY | $100,000 |
CENTER FOR THE STUDY OF SOCIAL POLICY PURPOSE: GENERAL OPERATING SUPPORT FOR EC-LINC | $100,000 |
CENTERING HEALTHCARE INSTITUTE PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
CHILD FIRST PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |