Skip to content
Nonprofiteer
← THE ARNOLD GOLD FOUNDATION

Form 990 for tax year 2023

Filed by THE ARNOLD GOLD FOUNDATION.

Totals

Total revenue
$2,834,315
Total expenses
$3,991,834
Contributions and grants received
$2,538,166
Grants paid
$222,613
Program service revenue
$0
Investment income
$269,781
Other revenue
$26,368
Total assets, end of year
$12,847,330
Total liabilities, end of year
$476,610
Net assets or fund balances, end of year
$12,370,720
Program services expenses (Part IX)
$3,379,173
Management and general expenses
$249,082
Fundraising expenses
$363,579
Program service expenses (Part III)
$3,379,173

Program services were 84.7% 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

    $354,126

  • 1c · Fundraising events

    $591,234

  • 1f · All other contributions, gifts and grants

    $1,592,806

  • 3 · Investment income

    total $269,781 · excluded $269,781

  • 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

    $220,224

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

    $591,234

  • 8b · Fundraising events: direct expenses

    $220,224

  • 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 $26,368 · excluded $26,368

  • 11e · Other revenue, total

    $26,368

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $222,613 · program services $222,613

  • 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 $1,322,321 · program services $1,081,096 · management and general $117,863 · fundraising $123,362

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,160,454 · program services $992,064 · management and general $3,200 · fundraising $165,190

  • 8 · Pension plan contributions

    total $76,499 · program services $63,495 · management and general $1,687 · fundraising $11,317

  • 9 · Other employee benefits

    total $168,987 · program services $150,298 · management and general $3,444 · fundraising $15,245

  • 10 · Payroll taxes

    total $176,591 · program services $147,746 · management and general $8,449 · fundraising $20,396

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $22,099 · management and general $22,099

  • 11c · Fees: accounting

    total $46,582 · program services $40,592 · management and general $5,990

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $58,480 · management and general $58,480

  • 11g · Fees: other

    total $352,336 · program services $352,336 · fundraising $0

  • 12 · Advertising and promotion

    total $34,870 · program services $33,127 · fundraising $1,743

  • 13 · Office expenses

    total $97,584 · program services $78,482 · management and general $6,509 · fundraising $12,593

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $32,972 · program services $27,647 · management and general $1,517 · fundraising $3,808

  • 17 · Travel

    total $109,823 · program services $101,036 · management and general $3,296 · fundraising $5,491

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $30,308 · program services $30,308

  • 20 · Interest

    total $7,692 · management and general $7,692

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $18,399 · program services $15,394 · management and general $880 · fundraising $2,125

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

    total $46,171 · program services $42,939 · management and general $923 · fundraising $2,309

  • 24b · Other expenses: BOARD EXPENSES

    total $7,053 · program services $0 · management and general $7,053 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $170,339 · end of year $424,010

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $395,327 · end of year $444,895

  • 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

  • 11 · Investments: publicly traded securities

    beginning of year $12,279,186 · end of year $10,441,995

  • 12 · Investments: other securities

    beginning of year $0 · end of year $1,380,656

  • 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 $122,023 · end of year $155,774

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 18 · Grants payable

    beginning of year $76,313 · end of year $64,997

  • 19 · Deferred revenue

    beginning of year $180,833 · end of year $96,613

  • 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 $150,000 · end of year $150,000

  • 25 · Other liabilities

    beginning of year $169,958 · end of year $165,000

  • 27 · Net assets without donor restrictions

    beginning of year $2,244,264 · end of year $1,662,229

  • 28 · Net assets with donor restrictions

    beginning of year $10,145,507 · end of year $10,708,491

Mission and programs · 2023

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 $1,501,040 · Grants $155,829

  • 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 $1,282,353 · Grants $6,678

  • 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 $595,780 · Grants $60,106

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ben Rodriguez THRU 1023

    SVP, CHIEF FINANCE & ADMIN OFF

    Total calculated
    $298,012
    From this org
    $268,359
    From related orgs
    $0
    Other
    $29,653
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,821
    Bonus
    $0
    Other
    $101,538
    Deferred
    $14,031
    Nontaxable benefits
    $15,622
    Filer's total
    $298,012
  • Kathleen Reeves MD

    PRESIDENT/CEO (As of 7/23)

    Total calculated
    $288,529
    From this org
    $270,000
    From related orgs
    $0
    Other
    $18,529
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $270,000
    Bonus
    $0
    Other
    $0
    Deferred
    $18,277
    Nontaxable benefits
    $252
    Filer's total
    $288,529
  • Richard Levin MD

    PRESIDENT/CEO (THRU 6/23)

    Total calculated
    $271,152
    From this org
    $237,500
    From related orgs
    $0
    Other
    $33,652
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,500
    Bonus
    $0
    Other
    $0
    Deferred
    $14,000
    Nontaxable benefits
    $19,652
    Filer's total
    $271,152
  • Elizabeth Cleek

    SVP, CHIEF OPERATING OFFICER

    Total calculated
    $234,454
    From this org
    $216,292
    From related orgs
    $0
    Other
    $18,162
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,292
    Bonus
    $0
    Other
    $0
    Deferred
    $17,088
    Nontaxable benefits
    $1,074
    Filer's total
    $234,454
  • Stuart Chizzik

    VP, Chief Dev. Off (THRU 9/23)

    Total calculated
    $230,174
    From this org
    $216,300
    From related orgs
    $0
    Other
    $13,874
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,300
    Bonus
    $0
    Other
    $0
    Deferred
    $12,645
    Nontaxable benefits
    $1,229
    Filer's total
    $230,174
  • Brianne Alcala

    AVP, Comm. Editor-in-Chief

    Total calculated
    $143,011
    From this org
    $133,050
    From related orgs
    $0
    Other
    $9,961
    Hours/week
    40
  • Diane Asciutto

    Chief of Staff

    Total calculated
    $130,074
    From this org
    $103,960
    From related orgs
    $0
    Other
    $26,114
    Hours/week
    40
  • Pia Pyne Miller

    SR. DIR., STRATEGY & BUS. DEV.

    Total calculated
    $125,339
    From this org
    $102,983
    From related orgs
    $0
    Other
    $22,356
    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 (THRU 6/23)

    Total calculated
    $0
    Hours/week
    5
  • Brian Benson MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Greg Cherr

    TRUSTEE (THRU 6/23)

    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
  • Arthur H Rubenstein MBBCH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Mark Seiden

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Patricia Sexton

    TRUSTEE (as of 6/23)

    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
  • 4a · Severance or change-of-control payment

Answered no

  • 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

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4A:
Benjamin Rodriguez, SVP, Chief Finance & Admin Officer thru October of 2023, received severance payments totaling $101,538, which is reported on Schedule J, Part II, column (b)(iii).

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
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349322947

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.