Goldring Family Foundation
- Assets
- $135.0m
- Revenue
- $40.3m
- Investments
- $110.9m
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 07/1957
- Data as of
- 12/2023
- EIN
- 72-6022666
Organization Overview
Goldring Family Foundation is located in Metairie, LA. The organization was established in 1957. 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. Goldring 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 12/2023, Goldring Family Foundation generated $40.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 29.7% each year . All expenses for the organization totaled $11.0m during the year ending 12/2023. While expenses have increased by 9.2% per year over the past 8 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 2014, Goldring Family Foundation has awarded 2,395 individual grants totaling $52,294,677. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
DONATIONS FOR EDUCATION/RECREATION/CHILDREN
DONATIONS FOR JEWISH CAUSES
DONATIONS FOR HEALTH
DONATIONS FOR ARTS & CULTURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Goldring Chair | 2 | $0 | |
Jeffrey B Goldring Trustee | 2 | $0 | |
Diane G Franco Trustee | 2 | $0 | |
Coleman Adler Advisor | 2 | $0 | |
Alan Franco Advisor | 2 | $0 | |
Walton Goldring Advisor | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,060,000 |
| Interest on Savings | $48,564 |
| Dividends & Interest | $1,931,311 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,924,123 |
| Capital Gain Net Income | $13,924,123 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $340,265 |
| Total Revenue | $40,304,263 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $53,496 |
| Taxes | $34,576 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,345 |
| Printing and publications | $0 |
| Other expenses | $580,728 |
| Total operating and administrative expenses | $701,786 |
| Contributions, gifts, grants paid | $10,337,855 |
| Total expenses and disbursements | $11,039,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $700,089 |
| Savings and temporary cash investments | $19,109,622 |
| 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 | $4,242,060 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $35,821 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $18,582,400 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $134,968,436 |
| 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, Goldring Family Foundation has awarded $10,337,855 in support to 359 organizations.
| Grant Recipient | Amount |
|---|---|
PASS-THROUGH CONTRIBUTIONS FROM K-1 INVESTMENTS PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | $16 |
610 STOMPERS INC PURPOSE: HUMAN SERVICES | $5,000 |
AMERICAN CANCER SOCIETY PURPOSE: HEALTH | $5,000 |
ALABAMA B NAI B RITH HILLEL FOUNDATION INC PURPOSE: JEWISH CAUSES | $500 |
AMERICAN FRIENDS OF ALYN PURPOSE: JEWISH CAUSES | $50,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: JEWISH CAUSES | $50,000 |