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Gordon A Rich Memorial Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030385929 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Gordon A Rich Memorial Foundation?

The Gordon A Rich Memorial Foundation is a charitable organization, located in New York City, specifically at 1220 Park Avenue, NY. Their primary mission is to honor the memory of Mr. Rich by awarding scholarships to deserving students. These scholarships are granted to exceptionally qualified high school students who exhibit financial need and have parents or guardians with a background in the financial services sector. In 2022, the foundation distributed 33 such scholarships. The foundation's objective is to support these students in pursuing their undergraduate studies.


Official website here: www.gordonrich.org

Is Gordon A Rich Memorial Foundation legitimate?

Gordon A Rich Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gordon A Rich Memorial Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gordonrich.org

What is the mission statement of Gordon A Rich Memorial Foundation?

The Gordon A Rich Memorial Foundation's primary mission is to grant scholarships for undergraduate studies. This is done in honor of Mr. Rich, with the aim of supporting the higher education aspirations of deserving students. The foundation targets exceptionally qualified high school students who demonstrate financial need, with a stipulation that their parents or guardians have, or had, a career in the financial services industry. In 2022, the foundation awarded 33 scholarships.


Official website here: www.gordonrich.org

Who is the CEO of Gordon A Rich Memorial Foundation?

Eddie Baurer is the Director of Gordon A Rich Memorial Foundation.


Official website here: www.gordonrich.org

What is the revenue of Gordon A Rich Memorial Foundation?

Gordon A Rich Memorial Foundation's revenue in 2022 was $313,572.


Official website here: www.gordonrich.org

Who are the executives of Gordon A Rich Memorial Foundation and what are their salaries?

There 22 volunteers at Gordon A Rich Memorial Foundation.


Here are 22 key members and their salaries:


Kristin Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Baurer (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Braunstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Coneeny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Denunzio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Finn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Granetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Koch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hirst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Hornig (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Kass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Kilsby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margarita Levin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Lindsay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Meltzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Parkman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mort Pierce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Rich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryann Rich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Schell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Zauder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gordonrich.org

Where can I find the form 990 for Gordon A Rich Memorial Foundation?

Gordon A Rich Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gordonrich.org

Learn more at the official website: www.gordonrich.org

Mission Statement of Gordon A Rich Memorial Foundation

The Gordon A Rich Memorial Foundation is committed to honoring the memory of Mr. Rich by granting scholarships to eligible undergraduate students. Their mission, in essence, is to financially support the higher education aspirations of deserving students who come from families with a background in the financial services industry. The foundation recognizes the exceptional academic potential and financial needs of these students and annually awards scholarships to help them pursue their educational goals. In 2022, the foundation awarded 33 such scholarships.

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Impact




October, 2024

The Gordon A Rich Memorial Foundation significantly impacts the lives of deserving students by providing scholarships for undergraduate study, especially for those whose parents or guardians have worked in the financial services industry. By awarding scholarships based on financial need and academic excellence, the foundation empowers high school graduates to pursue higher education and achieve their career aspirations.

In 2022, the foundation awarded 33 scholarships, helping to alleviate the financial burden of college and opening doors to opportunities that might otherwise be out of reach for these students. Its mission not only honors the memory of Mr. Rich but also fosters a new generation of professionals in the financial services sector, contributing to the community and economy by equipping young minds with the education and skills necessary for success.




This information is meant to be a general summary of Gordon A Rich Memorial Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$313,572 (2022)
Expenses
$440,481 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $32,205
  • Gross Receipts: $1,821,782

Assets and Liabilities:

  • Total Assets: $4,312,280
  • Total Liabilities: $21,000
  • Net Assets: $4,291,280

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Organization Details

Founding Year

2002

Principal Officer

Eddie Baurer

Main Address

1220 PARK AVENUE, NEW YORK, NY, 10128

NTEE Category

Code: B82 - Education

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