The Golub Family Foundation
- Assets
- $1.7m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2022
- EIN
- 85-3656631
Organization Overview
The Golub Family Foundation is located in Wilmington, DE. 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. Golub 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 12/2022, Golub Family Foundation generated $1.0m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.0% each year.
Since 2021, Golub Family Foundation has awarded 15 individual grants totaling $1,243,700. 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 |
|---|---|---|---|
Gregory Golub Dir, Pres, Treas | 1 | $0 | |
Kelly Golub Sec, Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $1,318 |
| Dividends & Interest | $0 |
| 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 | $1,001,318 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,194 |
| Total operating and administrative expenses | $10,294 |
| Contributions, gifts, grants paid | $197,500 |
| Total expenses and disbursements | $207,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,732,195 |
| 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 | $1,732,195 |
| 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, The Golub Family Foundation has awarded $197,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BROWN UNIVERSITY PURPOSE: BROWN WOMEN'S WATER POLO PROGRAM | $5,000 |
BROWN UNIVERSITY PURPOSE: GOLUB FAMILY WATER POLO FUND | $100,000 |
CHALLENGE SUCCESS PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
CHALLENGE SUCCESS PURPOSE: IMPROVING THE MENTAL HEALTH OF OUR YOUTH THROUGH EDUCATION REFORM | $10,000 |
CHILDRENS HEALTH COUNCIL INC PURPOSE: CHARITABLE EVENT | $5,000 |
MENLO SCHOOL PURPOSE: ANNUAL FUND 2022-2023 | $5,000 |