Hugh S Gould Foundation

PENNINGTON, NJ EIN: 30-6726817

Hugh S Gould Foundation is a private foundation, based in PENNINGTON, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 1 grants totaling $98K. Net investment income was $267K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

+5.0% YoY

Annual Giving

$98K

Grant Count

Avg Grant Size

$98K

Under IRS private-foundation payout rules, Hugh S Gould Foundation reported a distributable amount of $178K for 2024 — the minimum it must pay out in qualifying distributions.

About Hugh S Gould Foundation

Based on IRS filings

Ready to take the next step with Hugh S Gould Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $98K (100%)

States

Kentucky

Cities

Erlanger

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$2,835,895	$2,699,650
Revenue	$289,598	$3,153,587
Expenses	$153,132	$32,716
Qualifying Distributions	$127,998	$19,227
Net Investment Income	$266,721	$60,122
Distributable Amount	$177,687	$116,344

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Disabled American Veterans ($98,000).

Recipient	Purpose	Amount
DISABLED AMERICAN VETERANS ERLANGER, KY	GENERAL OPERATING	$98,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	2	$49,996

Frequently Asked Questions

How large is Hugh S Gould Foundation?

As of 2024, Hugh S Gould Foundation holds $2.8M in total assets with $290K in annual revenue. It awarded 1 grants totaling $98K in 2024.

Where does Hugh S Gould Foundation operate?

Hugh S Gould Foundation has awarded grants in Kentucky.

What size grants does Hugh S Gould Foundation award?

In 2024, Hugh S Gould Foundation awarded 1 grants totaling $98K — an average of about $98K per grant, based on its IRS Form 990 filings.

How much is Hugh S Gould Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hugh S Gould Foundation reported a distributable amount of $178K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.