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GORDON FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
GORDON FOUNDATION INC (EIN 13-6161724)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-03-28
IRS object ID
202200879349100075
Schema version
2021v4.0
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)
Return2022-03-28T10:45:37-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Begin2021-01-01TaxPeriodBeginDt

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
Signature2022-03-25SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGIDEONPersonFirstNm
Person LastYAFFEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID H CHOI CPAPreparerPersonNm
PTINP01217254PTIN
Phone8889073790PhoneNum
Preparation2022-03-26PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$490,159FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$11,618DividendsRevAndExpnssAmt
Dividends Net Invst Incm$11,618DividendsNetInvstIncmAmt
Dividends Adj Net Incm$11,618DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$17,926NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$61,228GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$26,038CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$29,544TotalRevAndExpnssAmt
Total Net Invst Incm$37,656TotalNetInvstIncmAmt
Total Adj Net Incm$11,618TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,300AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$2,540OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,840TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$27,234ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$27,234ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$31,074TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$27,234TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,530ExcessRevenueOverExpensesAmt
Net Investment Income$37,656NetInvestmentIncomeAmt
Adjusted Net Income$11,618AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$4,673CashBOYAmt
Cash EOY$19,075CashEOYAmt
Cash EOYFMV$19,075CashEOYFMVAmt
US Government Obligations BOY$22,671USGovernmentObligationsBOYAmt
Other Investments BOY$403,573OtherInvestmentsBOYAmt
Other Investments EOY$471,084OtherInvestmentsEOYAmt
Other Investments EOYFMV$471,084OtherInvestmentsEOYFMVAmt
Total Assets BOY$430,917TotalAssetsBOYAmt
Total Assets EOY$490,159TotalAssetsEOYAmt
Total Assets EOYFMV$490,159TotalAssetsEOYFMVAmt
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$95,809RetainedEarningBOYAmt
Retained Earning EOY$155,051RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$430,917TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$490,159TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$430,917TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$490,159TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$430,917TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,530ExcessRevenueOverExpensesAmt
Other Increases$60,772OtherIncreasesAmt
Subtotal$490,159SubtotalAmt
Tot Net Ast Or Fund Balances EOY$490,159TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$26,038CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$523InvestmentIncomeExciseTaxAmt
Subtotal$523SubtotalAmt
Tax Based On Investment Income$523TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$5EsPenaltyAmt
Tax Due$528TaxDueAmt

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$467,111AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$39,583AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$506,694TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$506,694AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,600CashDeemedCharitableAmt
Net Vl Noncharitable Assets$499,094NetVlNoncharitableAssetsAmt
Minimum Investment Return$24,955MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$24,955MinimumInvestmentReturnAmt
Tax Based On Investment Income$523TaxBasedOnInvestmentIncomeAmt
Total Tax$523TotalTaxAmt
Distributable Before Adj$24,432DistributableBeforeAdjAmt
Distributable Before Ded$24,432DistributableBeforeDedAmt
Distributable As Adjusted$24,432DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$27,234ExpensesAndContributionsAmt
Qualifying Distributions$27,234QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$24,432DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,600ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$869ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,285ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$5,754TotalExcessDistributionCyovAmt
Qualifying Distributions$27,234QualifyingDistributionsAmt
Applied To Current Year$24,432AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,802RemainingDistriFromCorpusAmt
Total Corpus$8,556TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,600ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$6,956ExcessDistriCyovToNextYrAmt
Excess From Year4$869ExcessFromYear4Amt
Excess From Year3$3,285ExcessFromYear3Amt
Excess From Current Year$2,802ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 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$3,000
BB JUVENILE LAW CENTER
1315 WALNUT ST 4TH FLOORPHILADELPHIAPA19107PUBLICYOUTH IN CHILD WELFARE SYSTEMS$3,000
ASYLUM SEEKER ADVOCACY PROJECT
228 PARK AVE S 84810NEW YORKNY100031502PUBLICHUMAN SERVICES$3,000
LIBRARIES WITHOUT BORDERS
1342 FLORIDA AVE NWWASHINGTONDC20009PUBLICREFUGEE RESOURCES$3,000
COLORADO COALITION FOR THE HOMELESS
2111 CHAMPA STREETDENVERCO80205PUBLICHUMAN SERVICES$3,000
COMMUNITY FIRST FOUNDATION
5855 WADSWORTH BYPASSARVADACO80003PUBLICHUMAN SERVICES$6,122UNIT A
THE MIDNIGHT MISSION
601 SAN PEDRO STLOS ANGELESCA90014PUBLICHUMAN SERVICES$3,112
WOUNDED WARRIOR PROJECT
4899 BELFORT ROADJACKSONVILLEFL32256PUBLICVETERAN NONPROFIT$3,000SUITE 300
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$27,234TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11,618ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$26,038ExclusionAmt
Related Or Exempt Function Incm-$8,112RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$37,656ExclusionAmt
Related Or Exempt Function Incm-$8,112RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$29,544TotalIncomeProducingActyAmt

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$1,300Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetMERRILL- SEE ATTACHEDAssetDesc
Acquired2006-12AcquiredDt
How AcquiredPURCHASEHowAcquiredTxt
Sold2021-11SoldDt
Gross Sales Price$35,190GrossSalesPriceAmt
Basis$43,302BasisAmt
Total Net-$8,112TotalNetAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMUTUAL FUNDSCategoryOrItemTxt
Book Value$471,084BookValueAmt
EOYFMV$471,084EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
ANNUAL REPORT$100
MERRILL LYNCH - FEES$2,350
PROCESSING FEES$90

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