FURP.ORG / PUBLIC DATA EXPLORER

GOLD FOUNDATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
GOLD FOUNDATION (EIN 22-3371907)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-05-01
IRS object ID
201221229349300812
Schema version
2011v1.2
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)
Timestamp2012-05-01T10:21:23-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN223051951EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1FABIETTI HALE HAMMERSTEDT POWERS PABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line13122 FIRE ROAD SUITE 101AddressLine1
CityEGG HARBOR TOWNSHIPCity
StateNJState
ZIP Code082345880ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN223371907EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GOLD FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlGOLDNameControl
Phone6098230200Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line19315 AMHERST AVEAddressLine1
CityMARGATECity
StateNJState
ZIP Code08402ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameROY GOLDBERGName
TitleTRUSTEETitle
Phone6098230200Phone
Date Signed2012-04-17DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameEDWARD J HALE CPAName
PTINP00524461PTIN
Phone6093838299Phone
Date Prepared2012-04-17DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonROY GOLDBERGNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line19315 AMHERST AVEAddressLine1
CityMARGATECity
StateNJState
ZIP Code08402ZIPCode
FieldValueIRS element (for citing)
Gross Receipts476207GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization OtherXTypeOfOrganizationOther
Type Of Org Other DescriptionNON-PROFIT UNINCORPORATED ASSOCIATIOTypeOfOrgOtherDescription
Year Formation1995YearFormation
State Legal DomicileNJStateLegalDomicile
Activity Or Mission DescriptionDONATIONS TO OTHER 501(C)(3) ORGANIZATIONS AND ASSISTING BREAST CANCER PATIENTS.ActivityOrMissionDescription
Nbr Voting Members Governing Body3NbrVotingMembersGoverningBody
Nbr Independent Voting Members0NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers20TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year415474ContributionsGrantsPriorYear
Contributions Grants Current Year330870ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year223InvestmentIncomePriorYear
Investment Income Current Year198InvestmentIncomeCurrentYear
Other Revenue Prior Year-22961OtherRevenuePriorYear
Other Revenue Current Year-44358OtherRevenueCurrentYear
Total Revenue Prior Year392736TotalRevenuePriorYear
Total Revenue Current Year286710TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year342907GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY336223GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year12763OtherExpensePriorYear
Other Expenses Current Year5665OtherExpensesCurrentYear
Total Expenses Prior Year355670TotalExpensesPriorYear
Total Expenses Current Year341888TotalExpensesCurrentYear
Revenues Less Expenses Prior Year37066RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-55178RevenuesLessExpensesCY
Total Assets BOY317812TotalAssetsBOY
Total Assets EOY231063TotalAssetsEOY
Total Liabilities BOY30669TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY287143NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY231063NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionDONATIONS TO OTHER 501(C)(3) ORGANIZATIONS AND ASSISTING BREAST CANCER PATIENTSMissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense194403Expense
DescriptionDRUGS AND MEDICAL SUPPLIES PROVIDED TO BREAST CANCER PATIENTSDescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense141820Expense
DescriptionDONATIONS TO OTHER 501(C)(3) ORGANIZATIONSDescription

Activity Other ActivityOther

FieldValueIRS element (for citing)
DescriptionOTHER 501(C)(3) ORGANIZATIONSDescription
FieldValueIRS element (for citing)
Total Program Service Expense336223TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members3NbrVotingGoverningBodyMembers
Number Independent Voting Members0NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNJStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1ORGANIZATIONBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number6098230200TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line19315 AMHERST AVEAddressLine1
CityMARGATECity
StateNJState
ZIP Code08402ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (3 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
ROY GOLDBERG
TRUSTEE5.00XX000
MARK H SANDSON ESQUIRE
TRUSTEEXX000
J TIMOTHY SMITH
TRUSTEE1.00XX000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions330870AllOtherContributions
Total Contributions330870TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column198TotalRevenueColumn
Exclusion$198ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events145139GrossIncomeFundraisingEvents
Fundraising Direct Expenses189497FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-44358TotalRevenueColumn
Exclusion-$44,358ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column286710TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion-$44,160ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total141820Total
Program Services141820ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total194403Total
Program Services194403ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total2392Total
Management And General2392ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneral
POSTAGE19331933
FEES & LICENSES531531
CREDIT CARD COMMISSIONS420420
BANK CHARGES389389

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total341888Total
Program Services336223ProgramServices
Management And General5665ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY316265BOY
EOY229418EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
EOY1000EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY1547BOY
EOY645EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY317812BOY
EOY231063EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY30669BOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY30669BOY
EOY0EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY287143BOY
EOY231063EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY287143BOY
EOY231063EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY317812BOY
EOY231063EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-55178ReconcilationRevenueExpenses
Reconcilation Other Changes-902ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting CashXMethodOfAccountingCash
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years321817CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years376724CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years321712CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year415474CurrentTaxYearMinus1Year
Current Tax Year330870CurrentTaxYear
Total1766597Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years182712CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years171292CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years152776CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year182979CurrentTaxYearMinus1Year
Current Tax Year145139CurrentTaxYear
Total834898Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years504529CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years548016CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years474488CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year598453CurrentTaxYearMinus1Year
Current Tax Year476009CurrentTaxYear
Total2601495Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total5092601495PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years14436CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years7857CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years783CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year223CurrentTaxYearMinus1Year
Current Tax Year198CurrentTaxYear
Total23497Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years14436CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years7857CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years783CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year223CurrentTaxYearMinus1Year
Current Tax Year198CurrentTaxYear
Total23497Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years518965CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years555873CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years475271CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year598676CurrentTaxYearMinus1Year
Current Tax Year476207CurrentTaxYear
Total2624992Total
FieldValueIRS element (for citing)
Public Support Percentage5090.99100PublicSupportPercentage509
Prior Year Support Percentage0.98760PriorYearSupportPercentage
Investment Income Percentage0.00900InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.01240PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1GOLF TOURNAMENT, CONCERT AND RUNNameOfEvent1
Gross Receipts Event1145139GrossReceiptsEvent1
Gross Revenue Event1145139GrossRevenueEvent1
Rent Facility Costs Event112490RentFacilityCostsEvent1
Food And Beverage Event12541FoodAndBeverageEvent1
Entertainment Event177147EntertainmentEvent1
Other Direct Expenses Event197319OtherDirectExpensesEvent1
Gross Receipts Total145139GrossReceiptsTotal
Gross Revenue Total Events145139GrossRevenueTotalEvents
Rent Facility Costs Total Events12490RentFacilityCostsTotalEvents
Food And Beverage Total Events2541FoodAndBeverageTotalEvents
Entertainment Total Events77147EntertainmentTotalEvents
Other Direct Expenses Total Events97319OtherDirectExpensesTotalEvents
Direct Expense Summary Events189497DirectExpenseSummaryEvents
Net Income Summary-44358NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained0RecordsMaintained
No Grant More Than5000XNoGrantMoreThan5000

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantMEDICINE PROVIDED TO BREAST CANCER PATIENTSTypeOfGrant
Number Of Recipients18NumberOfRecipients
Amount Of Cash Grant194403AmountOfCashGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION B, LINE 11RETURN IS PRESENTED TO ALL TRUSTEES FOR REVIEW BEFORE FILING
FORM 990, PART VI, SECTION C, LINE 19BY WRITTEN OR ORAL REQUEST MADE DIRECTLY TO THE PROVIDER
FORM 990, PART VIIROY GOLDBERG - 9315 AMHERST AVE, MARGATE, NJ 08402. MARK H. SANDSON, ESQUIRE - 30 S. NEW YORK AVE, ATLANTIC CITY, NJ 08401. J. TIMOTHY SMITH - 9315 AMHERST AVE, MARGATE, NJ 08402.CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
FORM 990, PART XI, LINE 5:NET UNREALIZED LOSSES ON INVESTMENTS: -902.CHANGES IN NET ASSETS OR FUND BALANCES:
THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR