Meg And Bennett Goodman Family Foundation
- Assets
- $0.0
- Revenue
- $3.4m
- Investments
- $40.4m
- Employees
- 0
- Location
- Saratoga Springs, NY
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 46-5316788
Organization Overview
Meg And Bennett Goodman Family Foundation is located in Saratoga Springs, NY. The organization was established in 2015. 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. Meg And Bennett Goodman 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 12/2021, Meg And Bennett Goodman Family Foundation generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT
UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bennett J Goodman Trustee - Less Than 1 Hour | 0 | $0 | |
Margaret Louise Ehrich Goodman Trustee - Less Than 1 Hour | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $144,103 |
| Dividends & Interest | $321,813 |
| Profit on Inventory Sales | $0 |
| Other Income | $748,138 |
| Total Revenue | $3,367,817 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $54,893 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $160 |
| Total operating and administrative expenses | $1,206,975 |
| Contributions, gifts, grants paid | $2,780,500 |
| Total expenses and disbursements | $3,987,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,580,157 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,547,209 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |