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Nonprofiteer
← THE ARNOLD GOLD FOUNDATION

Form 990 for tax year 2022

Filed by THE ARNOLD GOLD FOUNDATION.

Totals

Total revenue
$3,271,920
Total expenses
$3,670,700
Contributions and grants received
$2,704,746
Grants paid
$274,391
Program service revenue
$0
Investment income
$261,765
Other revenue
$305,409
Total assets, end of year
$12,966,875
Total liabilities, end of year
$577,104
Net assets or fund balances, end of year
$12,389,771
Program services expenses (Part IX)
$3,077,054
Management and general expenses
$321,981
Fundraising expenses
$271,665
Program service expenses (Part III)
$3,077,054

Program services were 83.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $664,220

  • 1c · Fundraising events

    $575,350

  • 1e · Government grants (contributions)

    $226,250

  • 1f · All other contributions, gifts and grants

    $1,238,926

  • 3 · Investment income

    total $261,765 · excluded $261,765

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $121,000

  • 8a · Fundraising events: contributions included on line 1c

    $575,350

  • 8b · Fundraising events: direct expenses

    $176,170

  • 8c · Net income from fundraising events

    total -$55,170 · excluded -$55,170

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $360,579 · excluded $360,579

  • 11e · Other revenue, total

    $360,579

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $274,391 · program services $274,391

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $1,128,774 · program services $842,959 · management and general $116,253 · fundraising $169,562

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $986,264 · program services $951,919 · management and general $40,950 · fundraising -$6,605

  • 8 · Pension plan contributions

    total $56,277 · program services $54,644 · management and general $1,928 · fundraising -$295

  • 9 · Other employee benefits

    total $159,380 · program services $147,663 · management and general $5,775 · fundraising $5,942

  • 10 · Payroll taxes

    total $159,347 · program services $136,545 · management and general $11,275 · fundraising $11,527

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $68,991 · program services $55,193 · management and general $13,798

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $2,000 · fundraising $2,000

  • 11f · Fees: investment management

    total $60,470 · management and general $60,470

  • 11g · Fees: other

    total $324,736 · program services $286,084 · management and general $38,652

  • 12 · Advertising and promotion

    total $46,919 · program services $40,205 · management and general $3,320 · fundraising $3,394

  • 13 · Office expenses

    total $96,677 · program services $21,470 · management and general $12,819 · fundraising $62,388

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $50,604 · program services $43,363 · management and general $3,580 · fundraising $3,661

  • 17 · Travel

    total $72,767 · program services $61,240 · management and general $6,357 · fundraising $5,170

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $99,794 · program services $99,794

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $2,682 · management and general $2,682

  • 23 · Insurance

    total $15,706 · program services $13,459 · management and general $1,111 · fundraising $1,136

  • 24a · Other expenses: DUES & MEMBER/BLACKBAUD

    total $44,078 · program services $27,282 · management and general $3,011 · fundraising $13,785

  • 24b · Other expenses: PROGRAM INITIATIVES

    total $20,843 · program services $20,843

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $971,600 · end of year $170,339

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $447,112 · end of year $395,327

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $67,754

  • 10b · Land, buildings and equipment: accumulated depreciation

    $67,754

  • 10c · Land, buildings and equipment, net

    beginning of year $2,682 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $14,303,439 · end of year $12,279,186

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $129,690 · end of year $122,023

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 18 · Grants payable

    beginning of year $61,200 · end of year $76,313

  • 19 · Deferred revenue

    beginning of year $158,333 · end of year $180,833

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $376,250 · end of year $150,000

  • 25 · Other liabilities

    beginning of year $106,060 · end of year $169,958

  • 27 · Net assets without donor restrictions

    beginning of year $2,548,445 · end of year $2,244,264

  • 28 · Net assets with donor restrictions

    beginning of year $12,604,235 · end of year $10,145,507

Mission and programs · 2022

Mission

The Gold Foundation champions humanism in healthcare, which we define as compassionate, collaborative, and scientifically excellent care. This Gold standard of care embraces all and targets barriers to such care. We empower experts, learners, and leaders to together create systems and cultures that support humanistic care for all.

Activities or mission (Part I)

The Gold Foundation champions humanism in healthcare, which we define as compassionate, collaborative, and scientifically excellent care. (see schedule o for continuation)

  • CEREMONIES AND AWARDS - 463 White Coat Ceremonies at 368 schools and numerous additional Awards aimed at elevating humanism in healthcare so that humanistic care becomes part of physiciansnurses' practice and is reflected in the care delivered to patients.

    Expenses $1,370,427 · Grants $193,333

  • Program Development and Research - The Gold Foundation develops, pilots, and supports programs designed to teach the habits of humanism (e.g. compassion, empathic communication, integrity, well-being, and respect for patients', families', and colleagues' values and concerns) to doctors and nurses in training. Research efforts explore issues surrounding humanism in medicine and how it is taught, conveyed, and learned.

    Expenses $861,822 · Grants $7,962

  • Education and Training - The Gold Foundation provides grants to faculty, residents, and students to pursue various programming that influences the growth of compassionate and respectful patient care.

    Expenses $844,805 · Grants $73,096

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Richard Levin MD

    PRESIDENT/CEO

    Total calculated
    $389,338
    From this org
    $350,000
    From related orgs
    $0
    Other
    $39,338
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $350,000
    Bonus
    $0
    Other
    $0
    Deferred
    $20,300
    Nontaxable benefits
    $19,038
    Filer's total
    $389,338

  • Ben Rodriguez Asst Treas

    SVP, CHIEF FINANCE & ADMIN OFF

    Total calculated
    $276,530
    From this org
    $239,185
    From related orgs
    $0
    Other
    $37,345
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,185
    Bonus
    $0
    Other
    $0
    Deferred
    $15,642
    Nontaxable benefits
    $21,703
    Filer's total
    $276,530

  • Stuart Chizzik

    VP, Chief Development Officer

    Total calculated
    $233,841
    From this org
    $217,556
    From related orgs
    $0
    Other
    $16,285
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,556
    Bonus
    $0
    Other
    $0
    Deferred
    $15,056
    Nontaxable benefits
    $1,229
    Filer's total
    $233,841

  • Elizabeth Cleek

    SVP, CHIEF OPERATING OFFICER

    Total calculated
    $229,065
    From this org
    $216,291
    From related orgs
    $0
    Other
    $12,774
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,291
    Bonus
    $0
    Other
    $0
    Deferred
    $11,700
    Nontaxable benefits
    $1,074
    Filer's total
    $229,065

  • Pia Pyne Miller

    SR. DIR., STRATEGY & BUS. DEV.

    Total calculated
    $132,446
    From this org
    $108,538
    From related orgs
    $0
    Other
    $23,908
    Hours/week
    40

  • Brianne Alcala

    AVP, Commun., Editor-in-Chief

    Total calculated
    $125,070
    From this org
    $116,873
    From related orgs
    $0
    Other
    $8,197
    Hours/week
    40

  • Richard Sheerr

    chairman

    Total calculated
    $0
    Hours/week
    5

  • Jordan Cohen MD

    CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    5

  • Lisa Kravet Esq

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • Jeffrey L Saltzer

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Wayne Riley

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Elaine Adler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Brian Benson MD

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Greg Cherr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Laurel Epstein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Rosemarie Fisher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Lorraine Frazier

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Sandra Gold

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Joe Greer

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Darrell Kirch

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Barbara Lee

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Kimberly Manning

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Pascal Montilus

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Robert Owens

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Arthur H Rubenstein MBBCH

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Deb O'Hara Rusckowski RN MBA

    TRUSTEE (thru 6/22)

    Total calculated
    $0
    Hours/week
    5

  • Mark Seiden

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Lawrence G Smith MD MACP

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Eileen M Sullivan-Marx PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • George Thibault MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Alice Vilma

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Barry Waldorf ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Karen Watson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Joseph Zuckerman MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
23 March 2023
IRS schema version
2022v5.0
Source object
202313199349329756

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