Gold Family Charitable Trust
- Assets
- $32.5m
- Revenue
- $6.4m
- Investments
- $26.1m
- Employees
- 0
- Location
- Briarcliff Manor, NY
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 82-3227784
Organization Overview
Gold Family Charitable Trust is located in Briarcliff Manor, NY. The organization was established in 2018. 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. Gold Family Charitable Trust 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, Gold Family Charitable Trust generated $6.4m in total revenue. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 11.2% 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 2018, Gold Family Charitable Trust has awarded 97 individual grants totaling $7,150,255. 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 |
|---|---|---|---|
Daniel Gold Trustee | 2 | $0 | |
Laura Gold Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,298,157 |
| Interest on Savings | $25,787 |
| Dividends & Interest | $449,996 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $604,379 |
| Capital Gain Net Income | $604,379 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $27,069 |
| Total Revenue | $6,405,388 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $23,402 |
| Taxes | $33,404 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $91,262 |
| Total operating and administrative expenses | $157,793 |
| Contributions, gifts, grants paid | $1,295,902 |
| Total expenses and disbursements | $1,453,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $866,654 |
| Savings and temporary cash investments | $5,505,559 |
| 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 | $17,610,788 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $32,500,241 |
| 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 | $15,902 |
| Total liabilities | $15,902 |
Grants Awarded
Over the last fiscal year, Gold Family Charitable Trust has awarded $1,295,902 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: TO PROVIDE LIFESAVING EQUIPMENT AND SUPPLIES THAT BENEFIT MORE THAN 650,000 PEOPLE TREATED BY MDA EACH YEAR | $15,000 |
APPALACHIAN TRAIL CONSERVANCY PURPOSE: PRINCIPAL STEWARDS OF 2,200 MILE APPALACHIAN NATIONAL SCENIC TRAIL, COMPILE AND PUBLISH INFORMATION FOR TRAIL VISITORS, MANAGE, CONSERVE, AND PROTECT 250,000 ACRES OF TRAIL LANDS | $52,000 |
BALLONA CREEK RENAISSANCE PURPOSE: TO IMPROVE BALLONA CREEK AND THE COMMUNITY'S USE OF IT. | $5,102 |
BIRTHRIGHT ISRAEL PURPOSE: TO ENSURE A VIBRANT FUTURE OF THE JEWISH PEOPLE BY STRENGTHENING JEWISH IDENTITY, JEWISH COMMUNITIES AND CONNECTIONS WITH ISRAEL VIA A TRIP TO ISRAEL FOR THE MAJORITY OF JEWISH YOUNG ADULTS FROM AROUND THE WORLD. | $15,000 |
CHABAD OF BATTERY PARK CITY PURPOSE: TO PROVIDE OUTREACH TO UNAFFILIATED JEWS AND HUMANITARIAN AID, AS WELL AS RELIGIOUS, CULTURAL AND EDUCATIONAL ACTIVITIES | $11,000 |
CYPRESS HILLS LOCAL DEVELOPMENT CORP PURPOSE: TO MAKE CYPRESS HILLS A STRONG, VIBRANT COMMUNITY BY STRENGTHENING THE AREA'S PHYSICAL AND ECONOMIC INFRASTRUCTURE, PROVIDE QUALITY EDUCATIONAL AND SOCIAL SERVICES, AND FOSTER LOCAL LEADERS. | $3,000 |