The Charles And Gertrude Gordon Foundation
- Assets
- $1.6m
- Revenue
- $72.8k
- Investments
- $1.5m
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 09/1988
- Data as of
- 03/2024
- EIN
- 86-0554595
Organization Overview
The Charles And Gertrude Gordon Foundation is located in Tucson, AZ. The organization was established in 1988. 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. Charles And Gertrude Gordon 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 03/2024, Charles And Gertrude Gordon Foundation generated $72.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $186.0k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Charles And Gertrude Gordon Foundation has awarded 53 individual grants totaling $271,000. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY FOOD BANK OF SOUTHERN ARIZONA
CASA DE LOS NINOS
TUCSON MEDICAL CENTER
PLANNED PARENTHOOD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa H Israel President And Secretary | 5 | $12,500 | |
Lauren Munger Vice President | 5 | $12,500 | |
Steven M Rachbach Treasurer | 5 | $1,500 | |
Paul Rachbach Treasurer | 5 | $7,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $90,632 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$17,819 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,813 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $830 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12 |
| Total operating and administrative expenses | $34,967 |
| Contributions, gifts, grants paid | $151,000 |
| Total expenses and disbursements | $185,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $114,507 |
| 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 | $1,579,786 |
| 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 Charles And Gertrude Gordon Foundation has awarded $151,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA THEATER COMPANY PURPOSE: CULTURAL SUPPORT | $1,250 |
CANDLELIGHTERS FOR CHILDHOOD CANCER PURPOSE: CHILDRENS CANCER | $1,000 |
CASA DE LOS NINOS PURPOSE: CHILDREN AND FAMILY SERVICES | $37,500 |
COMMUNITY FOOD BANK OF SOUTHERN ARIZONA PURPOSE: FOOD BANK | $50,000 |
HABITAT FOR HUMANITY PURPOSE: BRINGS PEOPLE TOGETHER TO BUILD HOMES AND COMMUNITIES | $5,000 |
HERMITAGE NO KILL CAT SHELTERAND SANCTUARY PURPOSE: ANIMAL CARE | $625 |