M Goldseker Foundation Of Md
- Assets
- $0.0
- Revenue
- $10.1m
- Investments
- $86.9m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 08/1974
- Data as of
- 12/2020
- EIN
- 52-0983502
Organization Overview
M Goldseker Foundation Of Md is located in Baltimore, MD. The organization was established in 1974. 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. M Goldseker Foundation Of MD 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 12/2020, M Goldseker Foundation Of MD generated $10.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $5.7m during the year ending 12/2020. While expenses have increased by 1.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, M Goldseker Foundation Of MD has awarded 666 individual grants totaling $24,577,584. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES CONTRIBUTIONS AND GRANTS TO OTHER TAX EXEMPT ORGANIZATIONS WHO ARE INVOLVED IN DIRECT CHARITABLE ACTIVITIES - SEE LIST OF RECIPIENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Gallagher President | 40 | $395,541 | |
Katherine Essex Program Dire | 40 | $134,696 | |
Sheldon Goldseker Chairman | 10 | $108,876 | |
Susan Katzenberg Director | 2 | $8,000 | |
Sharna Goldseker Director | 2 | $8,000 | |
Deborah Goldseker Director | 2 | $8,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Asset Strategy Consultants | 12/30/21 | $100,000 |
Staines Wiley & Schutz Llc | 12/30/21 | $52,815 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,867,642 |
| Profit on Inventory Sales | $0 |
| Other Income | -$628,577 |
| Total Revenue | $10,092,744 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $639,706 |
| Pension plans, employee benefits | $98,670 |
| Depreciation | $0 |
| Occupancy | $57,265 |
| Travel, conferences, and meetings | $3,267 |
| Printing and publications | $28,378 |
| Total operating and administrative expenses | $1,534,533 |
| Contributions, gifts, grants paid | $4,200,073 |
| Total expenses and disbursements | $5,734,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,867 |
| Investments—mortgage loans | $0 |
| Investments—other | $31,029,848 |
| Other assets | $78,944 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, M Goldseker Foundation Of Md has awarded $4,555,430 in support to 131 organizations.
| Grant Recipient | Amount |
|---|---|
THE ASSOCIATED JEWISH COMMUNITY FED PURPOSE: SUPPORTING GRANT | $230,000 |
JOHNS HOPKINS UNIVERSITY PURPOSE: SUPPORTING GRANT | $230,000 |
Baltimore, MD PURPOSE: SUPPORTING GRANT | $230,000 |
Baltimore, MD PURPOSE: SUPPORTING GRANT | $135,000 |
Baltimore, MD PURPOSE: SUPPORTING GRANT | $125,000 |
Baltimore, MD PURPOSE: SUPPORTING GRANT | $120,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that M Goldseker Foundation Of Md has recieved totaling $5,191.
| Awarding Organization | Amount |
|---|---|
American Communities Trust Inc Baltimore, MD PURPOSE: TO PROMOTE THE LONG-TERM ECONOMIC AND SOCIAL PROGRESS OF THE BALTIMORE CITY. | $5,191 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Posner Foundation Of Pittsburgh Pittsburgh, PA | $0 | $20,216,193 |