Marvin H & Nola Goldman Foundation
- Assets
- $169.0k
- Revenue
- $7.9k
- Investments
- $146.3k
- Employees
- 0
- Location
- Franklin, MI
- Founding
- 09/1975
- Data as of
- 07/2023
- EIN
- 51-0141979
Organization Overview
Marvin H & Nola Goldman Foundation is located in Franklin, MI. The organization was established in 1975. 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. Marvin H & Nola Goldman 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 07/2023, Marvin H & Nola Goldman Foundation generated $7.9k 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 (19.6%) each year. All expenses for the organization totaled $14.4k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $753 |
| Dividends & Interest | $7,133 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,886 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,468 |
| Total operating and administrative expenses | $4,838 |
| Contributions, gifts, grants paid | $9,564 |
| Total expenses and disbursements | $14,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,663 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $168,974 |
| 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, Marvin H & Nola Goldman Foundation has awarded $9,564 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AUTISM SPECTRUM DISORDER FOUNDATION PURPOSE: CONTRIBUTION | $42 |
KIDS WISH NETWORK PURPOSE: CONTRIBUTION | $237 |
HENRY FORD HEALTH SYSTEM PURPOSE: CONTRIBUTION | $9,000 |
LEUKEMIA FOUNDATION PURPOSE: CONTRIBUTION | $25 |
GUIDING EYES FOR THE BLIND PURPOSE: CONTRIBUTION | $35 |
GREAT LAKES CHAMBER MUSIC PURPOSE: CONTRIBUTION | $150 |