Form 990 for tax year 2023
Filed by ISRAEL & SYLVIA GOLDBERG FAMILY FOUNDATION.
Totals
- Total revenue
- $434,176
- Total expenses
- $125,549
- Contributions and grants received
- $0
- Grants paid
- $103,100
- Program service revenue
- $0
- Investment income
- $434,176
- Other revenue
- $0
- Total assets, end of year
- $2,059,439
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,059,439
- Program services expenses (Part IX)
- $103,100
- Management and general expenses
- $22,449
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $103,100
Program services were 82.1% 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.
-
3 · Investment income
total $39,126 · related or exempt $39,126
-
7a · Gross sales of assets other than inventory
securities $395,050
-
7c · Gain or loss
securities $395,050
-
7d · Net gain or loss
total $395,050 · related or exempt $395,050
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $103,100 · program services $103,100
-
24a · Other expenses: ADMINISTRATIVE FEES
total $21,724 · management and general $21,724
-
24b · Other expenses: LEGAL AND ACCOUNTING
total $725 · management and general $725
Balance sheet
Part X, book values.
-
11 · Investments: publicly traded securities
beginning of year $1,823,995 · end of year $2,059,439
-
27 · Net assets without donor restrictions
beginning of year $1,823,995 · end of year $2,059,439
Mission and programs · 2023
Mission
THE GOLDBERG FOUNDATION'S PURPOSE IS THE PROMOTION OF CULTURAL, SOCIAL AND EDUCATIONAL AWARENESS AND ENRICHMENT IN THE COMMUNITY THROUGH GRANTS TO CHARITABLE ORGANIZATIONS LOCATED IN THE AREA.
-
VARIOUS GRANTS TO CHARITABLE ORGANIZATIONS.
Expenses $103,100 · Grants $103,100
As filed on the 2023 return.
Listed in Part VII
-
REBECCA BYRNE
SECRETARY
- Total calculated
- $166,000
- From this org
- $0
- From related orgs
- $157,500
- Other
- $8,500
Schedule J breakdown matched by us
- Base
- not reported + $157,500 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $6,000 related
- Nontaxable benefits
- not reported + $2,500 related
- Filer's total
- not reported + $166,000 related
-
JOHN BEDSOLE
TREASURER
- Total calculated
- $0
-
AUDREY GOLDBERG
DIRECTOR
- Total calculated
- $0
-
MAX GOLDBERG
PRESIDENT/CH
- Total calculated
- $0
-
JAMEY SANDIFER
DIRECTOR
- Total calculated
- $0
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
None.
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
-
$20,000
GENERAL SUPPORT
-
VIA HEALTH FITNESS ENRICHMNT CTR
$10,000
GENERAL SUPPORT
-
$7,500
GENERAL SUPPORT
-
GENERAL SUPPORT
-
$5,500
GENERAL SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
COMMUNITY FOUNDATION OF SO ALABAMA
501C3 · CHARITY · AL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540369349300839
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