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Goldman Family Foundation

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

EIN: 201465976 ✦ Allentown, PA ✦ Designated as a 501(c)(3)

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Overview

What is Goldman Family Foundation?

The Goldman Family Foundation, based in Allentown, Pennsylvania, is a nonprofit organization dedicated to raising funds for charitable, educational, and religious causes. Specifically, they support the Jewish Federation of the Lehigh Valley and its mission. Their activities primarily involve providing financial assistance for various purposes. Additionally, they extend their generosity to other organizations through miscellaneous grants. The foundation's mission is centered around contributing to charitable, educational, and religious initiatives, thereby furthering the causes aligned with the Jewish Federation of the Lehigh Valley.


Official website here: www.jewishlehighvalley.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%

The Goldman Family Foundation has received an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The foundation's excellent score is derived entirely from its Accountability & Finance metrics, showcasing its effectiveness in managing resources responsibly. The foundation's recent fiscal year data reflects a solid financial standing, with a liabilities to assets ratio of 0.00%, signifying no debts relative to its assets.

Strengths of the Goldman Family Foundation include a fully independent board, with all eight members meeting the criteria for independence. The foundation has established comprehensive governance practices, including listed conflict of interest and whistleblower policies, and it maintains transparency by providing access to board meeting minutes. Furthermore, its program expense ratio is notably high at 87.32%, illustrating a strong focus on funding its charitable programs rather than administrative costs.

While the data reflects a well-managed organization, limitations are not explicitly noted in the available information. However, as always, potential donors and stakeholders should consider their own research to ensure alignment with the foundation's mission and impact areas. Overall, the Goldman Family Foundation appears to be a reliable and effective nonprofit organization.


This AI summary has been generated from information found on Charity Navigator.

Is Goldman Family Foundation legitimate?

Goldman Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goldman Family 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.jewishlehighvalley.org

What is the mission statement of Goldman Family Foundation?

The Goldman Family Foundation's mission is centered around raising funds for charitable, educational, and religious purposes. This support is extended to uphold the mission of the Jewish Federation of the Lehigh Valley. The foundation's objective is to contribute to various causes, promoting a broader societal impact. Furthermore, the foundation extends miscellaneous grants to other organizations, continuing its commitment to philanthropy and community upliftment.


Official website here: www.jewishlehighvalley.org

Who is the CEO of Goldman Family Foundation?

Jeri Zimmerman is the President/Treasurer of Goldman Family Foundation.


Official website here: www.jewishlehighvalley.org

What is the revenue of Goldman Family Foundation?

Goldman Family Foundation's revenue in 2022 was $35,354.


Official website here: www.jewishlehighvalley.org

Who are the executives of Goldman Family Foundation and what are their salaries?

There 8 volunteers at Goldman Family Foundation.


Here are 8 key members and their salaries:


Nancy Wax Goldman (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven P Goldman (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerilyn A Zimmerman (Assistant Secretary)
  • Compensation: $0
  • Related: $190,612
  • Other: $14,159
Roberto Fischmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Fromer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Michael Ufberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Wax (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miriam Zager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jewishlehighvalley.org

Where can I find the form 990 for Goldman Family Foundation?

Goldman Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jewishlehighvalley.org

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

Mission Statement of Goldman Family Foundation

The Goldman Family Foundation is a philanthropic organization with a mission to raise funds for charitable, educational, and religious purposes. Aligning with the Jewish Federation of the Lehigh Valley's mission, this foundation aims to contribute financially to causes that align with these categories. Additionally, the foundation extends its generosity to other organizations through miscellaneous grants. By providing financial support to these various causes, the Goldman Family Foundation seeks to make a positive impact in various sectors.

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Impact




October, 2024

The Goldman Family Foundation significantly impacts charitable, educational, and religious initiatives, particularly within the Jewish community in the Lehigh Valley. By raising funds to support the Jewish Federation's mission, the foundation enhances the community's access to vital resources and programs. Its contributions extend to miscellaneous grants for other organizations, amplifying its reach and fostering a culture of philanthropy. Through these efforts, the foundation plays a crucial role in strengthening community ties, promoting educational opportunities, and enriching religious practices, thereby positively influencing the lives of many individuals and families in the region.




This information is meant to be a general summary of Goldman Family 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
$35,354 (2022)
Expenses
$33,014 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $35,354
  • Gross Receipts: $35,354

Assets and Liabilities:

  • Total Assets: $1,038,523
  • Total Liabilities: $0
  • Net Assets: $1,038,523

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Organization Details

Founding Year

2004

Principal Officer

Jeri Zimmerman

Main Address

702 NORTH 22ND STREET, ALLENTOWN, PA, 18104

NTEE Category

Code: T20 - Philanthropy

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