GORDON FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: GORDON FOUNDATION INC (EIN 13-6161724)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-04-03
IRS object ID: 202140939349100504
Schema version: 2020v4.0
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
Form 990-PF
Accounting Fees Schedule
Gain Loss Sale Other Assets Sch
Investments Other Schedule2
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-04-03T14:52:40-05:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	954718789	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SAMUEL B CHOI ACCOUNTANCY CORP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3731 WILSHIRE BLVD STE 600	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90010	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	136161724	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GORDON FOUNDATION INC	BusinessNameLine1Txt
Business Name Line2	C/O GIDEON YAFFE	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	GORD	BusinessNameControlTxt
Phone	2034324992	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	55 LOOMIS PLACE	AddressLine1Txt
City	NEW HAVEN	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06511	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GIDEON YAFFE	PersonNm
Person Title	VICE PRESIDENT	PersonTitleTxt
Phone	2127249126	PhoneNum
Signature	2021-03-31	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	GIDEON	PersonFirstNm
Person Last	YAFFE	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAVID H CHOI CPA	PreparerPersonNm
PTIN	P01217254	PTIN
Phone	8889073790	PhoneNum
Preparation	2021-04-01	PreparationDt

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$430,917	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$7,424	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$7,424	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$7,424	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	-$864	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$75,349	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$10,518	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$6,560	TotalRevAndExpnssAmt
Total Net Invst Incm	$17,942	TotalNetInvstIncmAmt
Total Adj Net Incm	$7,424	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$1,320	AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss	$2,038	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$3,358	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$11,700	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$11,700	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$15,058	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$11,700	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$8,498	ExcessRevenueOverExpensesAmt
Net Investment Income	$17,942	NetInvestmentIncomeAmt
Adjusted Net Income	$7,424	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$6,493	CashBOYAmt
Cash EOY	$4,673	CashEOYAmt
Cash EOYFMV	$4,673	CashEOYFMVAmt
US Government Obligations BOY	$38,379	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$22,671	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$22,671	USGovtObligationsEOYFMVAmt
Other Investments BOY	$361,503	OtherInvestmentsBOYAmt
Other Investments EOY	$403,573	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$403,573	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$406,375	TotalAssetsBOYAmt
Total Assets EOY	$430,917	TotalAssetsEOYAmt
Total Assets EOYFMV	$430,917	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Additional Paid In Capital BOY	$335,108	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$335,108	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$71,267	RetainedEarningBOYAmt
Retained Earning EOY	$95,809	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$406,375	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$430,917	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$406,375	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$430,917	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$406,375	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$8,498	ExcessRevenueOverExpensesAmt
Other Increases	$33,040	OtherIncreasesAmt
Subtotal	$430,917	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$430,917	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Field	Value	IRS element (for citing)
Capital Gain Net Income	$10,518	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$249	InvestmentIncomeExciseTaxAmt
Subtotal	$249	SubtotalAmt
Tax Based On Investment Income	$249	TaxBasedOnInvestmentIncomeAmt
Tax Due	$249	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	GIDEON YAFFE	IndividualWithBooksNm
Phone	2034324992	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1917 AVON STREET	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90026	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
REBECCA E YAFFEE
6706 AVRUM DRIVE	DENVER	CO	80221	PRESIDENT	000.00	$0	$0	$0
GIDEON YAFFE
1917 AVON STREET	LOS ANGELES	CA	90026	VICE PRESIDE	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$378,813	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$9,269	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$388,082	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$388,082	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$5,821	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$382,261	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$19,113	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$19,113	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$249	TaxBasedOnInvestmentIncomeAmt
Total Tax	$249	TotalTaxAmt
Distributable Before Adj	$18,864	DistributableBeforeAdjAmt
Distributable Before Ded	$18,864	DistributableBeforeDedAmt
Distributable As Adjusted	$18,864	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$11,700	ExpensesAndContributionsAmt
Qualifying Distributions	$11,700	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$11,700	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$18,864	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$3,401	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$5,363	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$869	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$3,285	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$12,918	TotalExcessDistributionCyovAmt
Qualifying Distributions	$11,700	QualifyingDistributionsAmt
Applied To Current Year	$11,700	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$7,164	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$7,164	ExcessDistributionCyovAppCYAmt
Total Corpus	$5,754	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$5,754	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,600	ExcessFromYear4Amt
Excess From Year3	$869	ExcessFromYear3Amt
Excess From Year2	$3,285	ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
THE MARSHALL PROJECT
156 W 56TH ST SUITE 701	NEW YORK	NY	10019	PUBLIC	SUPPORT OF NONPROFIT NEW ORGANIZATIO	$3,000
BB JUVENILE LAW CENTER
1315 WALNUT ST 4TH FLOOR	PHILADELPHIA	PA	19107	PUBLIC	YOUTH IN CHILD WELFARE SYSTEMS	$3,000
ASYLUM SEEKER ADVOCACY PROJECT
228 PARK AVE S 84810	NEW YORK	NY	100031502	PUBLIC	HUMAN SERVICES	$3,000
LIBRARIES WITHOUT BORDERS
1342 FLORIDA AVE NW	WASHINGTON	DC	20009	PUBLIC	REFUGEE RESOURCES	$2,000
NEW GEORGIA PROJECT
830 GLENWOOD AVE SE	ATLANTA	GA	30316	PUBLIC	HUMAN SERVICES	$700

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$11,700	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$7,424	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$10,518	ExclusionAmt
Related Or Exempt Function Incm	-$11,382	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$17,942	ExclusionAmt
Related Or Exempt Function Incm	-$11,382	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$6,560	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING	CategoryTxt
Amt	$1,320	Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDesc	AcquiredAcquiredDt	How AcquiredHowAcquiredTxt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	BasisBasisAmt	Total NetTotalNetAmt
SEE ATTACHED - MERRILL	2019-12	PURCHASE	2020-12	$6,470	$6,618	-$148
SEE ATTACHED - MERRILL	2014-01	PURCHASE	2020-08	$42,043	$48,543	-$6,500
SEE ATTACHED - MERRILL	2014-01	PURCHASE	2020-12	$16,318	$21,052	-$4,734

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	MUTUAL FUNDS	CategoryOrItemTxt
Book Value	$403,573	BookValueAmt
EOYFMV	$403,573	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
ANNUAL REPORT	$100
MERRILL LYNCH - FEES	$1,938

GORDON FOUNDATION INC: Form 990PF, tax year 2020

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

Comments