GOLD FOUNDATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
GOLD FOUNDATION (EIN 22-3371907)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-04-29
IRS object ID
201101199349300700
Schema version
2010v3.2
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)
Timestamp2011-04-29T07:41:15-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

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 Date2010-01-01TaxPeriodBeginDate

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 Signed2011-04-26DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameEDWARD J HALE CPAName
Phone6093838299Phone
Date Prepared2011-04-26DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
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 Receipts598676GrossReceipts
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 Year306712ContributionsGrantsPriorYear
Contributions Grants Current Year415474ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year783InvestmentIncomePriorYear
Investment Income Current Year223InvestmentIncomeCurrentYear
Other Revenue Prior Year8756OtherRevenuePriorYear
Other Revenue Current Year-22961OtherRevenueCurrentYear
Total Revenue Prior Year316251TotalRevenuePriorYear
Total Revenue Current Year392736TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year323289GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY342907GrantsAndSimilarAmntsCY
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 Year8861OtherExpensePriorYear
Other Expenses Current Year12763OtherExpensesCurrentYear
Total Expenses Prior Year332150TotalExpensesPriorYear
Total Expenses Current Year355670TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-15899RevenuesLessExpensesPriorYear
Revenues Less Expenses CY37066RevenuesLessExpensesCY
Total Assets BOY250277TotalAssetsBOY
Total Assets EOY317812TotalAssetsEOY
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY30669TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY250277NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY287143NetAssetsOrFundBalancesEOY
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
Expense189437Expense
DescriptionDRUGS AND MEDICAL SUPPLIES PROVIDED TO BREAST CANCER PATIENTSDescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense153470Expense
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 Expense342907TotalProgramServiceExpense
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 Equip0ReportLandBldgEquip
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 Contributions415474AllOtherContributions
Total Contributions415474TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column223TotalRevenueColumn
Exclusion$223ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events182979GrossIncomeFundraisingEvents
Fundraising Direct Expenses205940FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-22961TotalRevenueColumn
Exclusion-$22,961ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column392736TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion-$22,738ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total153470Total
Program Services153470ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total189437Total
Program Services189437ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total4867Total
Management And General4867ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneral
POSTAGE44224422
CREDIT CARD COMMISSIONS21532153
FEES & LICENSES881881
BANK CHARGES440440

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total355670Total
Program Services342907ProgramServices
Management And General12763ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY243530BOY
EOY316265EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY5000BOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY1747BOY
EOY1547EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY250277BOY
EOY317812EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
EOY30669EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY30669EOY
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)
BOY250277BOY
EOY287143EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY250277BOY
EOY287143EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY250277BOY
EOY317812EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses37066ReconcilationRevenueExpenses
Reconcilation Other Changes-200ReconcilationOtherChanges
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 Years308818CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years321817CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years376724CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year321712CurrentTaxYearMinus1Year
Current Tax Year415474CurrentTaxYear
Total1744545Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years156287CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years182712CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years171292CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year152776CurrentTaxYearMinus1Year
Current Tax Year182979CurrentTaxYear
Total846046Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years465105CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years504529CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years548016CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year474488CurrentTaxYearMinus1Year
Current Tax Year598453CurrentTaxYear
Total2590591Total

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 Total5092590591PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years9151CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years14436CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years7857CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year783CurrentTaxYearMinus1Year
Current Tax Year223CurrentTaxYear
Total32450Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years9151CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years14436CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years7857CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year783CurrentTaxYearMinus1Year
Current Tax Year223CurrentTaxYear
Total32450Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years474256CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years518965CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years555873CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year475271CurrentTaxYearMinus1Year
Current Tax Year598676CurrentTaxYear
Total2623041Total
FieldValueIRS element (for citing)
Public Support Percentage5090.98760PublicSupportPercentage509
Prior Year Support Percentage0.98600PriorYearSupportPercentage
Investment Income Percentage0.01240InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.01400PriorYrInvestIncomePercentage
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
Total Revenue392736TotalRevenue
Total Expenses355670TotalExpenses
Excess Or Deficit For Year37066ExcessOrDeficitForYear
Net Unrealized GL On Investments-200NetUnrealizedGLOnInvestments
Total Adjustments-200TotalAdjustments
Excess Or Deficit Per FS36866ExcessOrDeficitPerFS

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1GOLF TOURNAMENT, CONCERT AND RUNNameOfEvent1
Gross Receipts Event1182979GrossReceiptsEvent1
Gross Revenue Event1182979GrossRevenueEvent1
Rent Facility Costs Event111500RentFacilityCostsEvent1
Food And Beverage Event13697FoodAndBeverageEvent1
Entertainment Event1107255EntertainmentEvent1
Other Direct Expenses Event183488OtherDirectExpensesEvent1
Gross Receipts Total182979GrossReceiptsTotal
Gross Revenue Total Events182979GrossRevenueTotalEvents
Rent Facility Costs Total Events11500RentFacilityCostsTotalEvents
Food And Beverage Total Events3697FoodAndBeverageTotalEvents
Entertainment Total Events107255EntertainmentTotalEvents
Other Direct Expenses Total Events83488OtherDirectExpensesTotalEvents
Direct Expense Summary Events205940DirectExpenseSummaryEvents
Net Income Summary-22961NetIncomeSummary

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 Recipients15NumberOfRecipients
Amount Of Cash Grant189437AmountOfCashGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION B, LINE 11RETURN IS PRESENTED TO ALL TRUSTEES FOR REVIEW BEFORE FILING
BY WRITTEN OR ORAL REQUEST MADE DIRECTLY TO THE PROVIDERFORM 990, PART VI, SECTION C, LINE 19
CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETCROY 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.FORM 990, PART VII
CHANGES IN NET ASSETS OR FUND BALANCES:NET UNREALIZED LOSSES ON INVESTMENTS: -200.FORM 990, PART XI, LINE 5:
THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR

Comments

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