BETA

GORDON FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GORDON FOUNDATION INC (EIN 13-6161724)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-03-24
IRS object ID
202510839349100766
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-24T22:32:07-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN954718789PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SAMUEL B CHOI ACCOUNTANCY CORPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13731 WILSHIRE BLVD STE 600AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90010ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136161724EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GORDON FOUNDATION INCBusinessNameLine1Txt
Business Name Line2C/O GIDEON YAFFEBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGORDBusinessNameControlTxt
Phone2034324992PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line155 LOOMIS PLACEAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06511ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGIDEON YAFFEPersonNm
Person TitleVICE PRESIDENTPersonTitleTxt
Phone2127249126PhoneNum
Signature2025-03-23SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID H CHOI CPAPreparerPersonNm
PTINP01217254PTIN
Phone8889073790PhoneNum
Preparation2025-03-24PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$305InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$305InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$305InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$9,295DividendsRevAndExpnssAmt
Dividends Net Invst Incm$9,295DividendsNetInvstIncmAmt
Dividends Adj Net Incm$9,295DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$7,668NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$7,668GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$7,668CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$17,268TotalRevAndExpnssAmt
Total Net Invst Incm$17,268TotalNetInvstIncmAmt
Total Adj Net Incm$9,600TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,550AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$2,218OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,768TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$23,239ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$23,239ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$27,007TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$23,239TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$9,739ExcessRevenueOverExpensesAmt
Net Investment Income$17,268NetInvestmentIncomeAmt
Adjusted Net Income$9,600AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6,653CashBOYAmt
Cash EOY$17,546CashEOYAmt
Other Investments BOY$398,891OtherInvestmentsBOYAmt
Other Investments EOY$437,748OtherInvestmentsEOYAmt
Total Assets BOY$405,544TotalAssetsBOYAmt
Total Assets EOY$455,294TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Additional Paid In Capital BOY$335,108AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$335,108AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$70,436RetainedEarningBOYAmt
Retained Earning EOY$120,186RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$405,544TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$455,294TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$405,544TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$455,294TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$405,544TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$9,739ExcessRevenueOverExpensesAmt
Other Increases$59,489OtherIncreasesAmt
Subtotal$455,294SubtotalAmt
Tot Net Ast Or Fund Balances EOY$455,294TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$7,668CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$240InvestmentIncomeExciseTaxAmt
Subtotal$240SubtotalAmt
Tax Based On Investment Income$240TaxBasedOnInvestmentIncomeAmt
Tax Due$240TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksGIDEON YAFFEIndividualWithBooksNm
Phone2034324992PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11917 AVON STREETAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90026ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
REBECCA E YAFFEE
6706 AVRUM DRIVEDENVERCO80221PRESIDENT000.00$0$0$0
GIDEON YAFFE
1917 AVON STREETLOS ANGELESCA90026VICE PRESIDE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$439,316AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$8,442AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$447,758TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$447,758AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,716CashDeemedCharitableAmt
Net Vl Noncharitable Assets$441,042NetVlNoncharitableAssetsAmt
Minimum Investment Return$22,052MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$22,052MinimumInvestmentReturnAmt
Tax Based On Investment Income$240TaxBasedOnInvestmentIncomeAmt
Total Tax$240TotalTaxAmt
Distributable Before Adj$21,812DistributableBeforeAdjAmt
Distributable Before Ded$21,812DistributableBeforeDedAmt
Distributable As Adjusted$21,812DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$23,239ExpensesAndContributionsAmt
Qualifying Distributions$23,239QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$21,812DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$2,802ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$5,934ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,175ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$9,911TotalExcessDistributionCyovAmt
Qualifying Distributions$23,239QualifyingDistributionsAmt
Applied To Current Year$21,812AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,427RemainingDistriFromCorpusAmt
Total Corpus$11,338TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$11,338ExcessDistriCyovToNextYrAmt
Excess From Year3$2,802ExcessFromYear3Amt
Excess From Year2$5,934ExcessFromYear2Amt
Excess From Year1$1,175ExcessFromYear1Amt
Excess From Current Year$1,427ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
THE MARSHALL PROJECT
156 W 56TH ST SUITE 701NEW YORKNY10019PUBLICSUPPORT OF NONPROFIT NEW ORGANIZATIO$2,000
LIBRARIES WITHOUT BORDERS
1342 FLORIDA AVE NWWASHINGTONDC20009PUBLICREFUGEE RESOURCES$2,000
FREEDOM READS
2666 STATE STREETHAMDENCT06517PHUMAN SERVICES$2,000SUITE 5A
BRAIN INJURY ASSOCIATION
3057 NUTLEY STREETFAIRFAXVA22031PMEDICAL RESEARCH$2,000805
COLORADO GIVES 365
5855 WADSWORTH BYPASSARVADACO80003PHUMAN SERVICES$6,239UNIT A
NATIONAL KIDNEY DONATION ORG
89 RIVER ROAD UNIT 206COS COBCT06807PUBLICHUMAN RESOURCES$2,000
JUVENILE LAW CENTER
1800 JFK BLVD STE 1900BPHILADELPHIAPA19103PUBLICYOUTH IN CHILD WELFARE SYSTEM$2,000
THE BLACK DEAF PROJECT
15549 AGATE DRIVEFONTANACA92337PHUMAN SERVICES$1,000
ASYLUM SEEKER
228 PARK AVE SNEW YORKNY10003PHUMANITARY$1,000
NEXT GALLERY
6501 W COLFAX AVELAKEWOODCO80214PART$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$23,239TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$305RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,295ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$7,668ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$16,963ExclusionAmt
Related Or Exempt Function Incm$305RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$17,268TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$1,550Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMUTUAL FUNDSCategoryOrItemTxt
Book Value$437,748BookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
ANNUAL REPORT
MERRILL LYNCH - FEES$2,218
PROCESSING FEES

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.