The Gold Foundation Inc

BOSTON, MA EIN: 04-3369766

The Gold Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $212K in total assets. In 2024, it awarded 83 grants totaling $233K. Net investment income was $21K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$212K

-50.0% YoY

Annual Giving

$233K

+31.8% YoY

Grant Count

83

+53.7% YoY

Avg Grant Size

$3K

-14.3% YoY

Under IRS private-foundation payout rules, The Gold Foundation Inc reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.

About The Gold Foundation Inc

Based on IRS filings

The Gold Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $212K in total assets. In 2024, it awarded 83 grants totaling $233K. Net investment income was $21K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

19states
+11 more states

Cities

AmericusArlingtonAtlantaAugustaBethesdaBostonBrooklineCambridgeCherry HillChicagoCotatiDallasEtnaFront RoyalGallupGlen FallsHagerstownIthacaLincolnLindale

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$186K$372K$558K$744K20202021202220232024
Metric202420232022
Total Assets$212,403$424,645$628,417
Revenue$26,868$-20,036$1,776
Expenses$239,110$183,736$108,089
Qualifying Distributions$232,920$176,750$100,500
Net Investment Income$20,748$9,987$5,415
Distributable Amount$20,981$26,840$32,867

Giving Over Time

Total grant dollars and number of grants per year

$0$58K$116K$175K$233K8 grants202013 grants202125 grants202254 grants202383 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN RED CROSS$20KALLEY CAT ALLIES$8KISABELLA STEWART GARDNER…$8KMAHPIYA LUTA RED CLOUD S…$8KHABITAT FOR HUMANITY$5KMSPCA$5KMSPCA ANGELL$5KMUSEUM OF FINE ARTS BOSTON$5KMERCY CORPS$4KFRIENDS OF WINCHESTER LI…$4K

Grant Size Distribution

146 grants across all recorded years

146<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Red Cross ($20,000), Alley Cat Allies ($8,000), Isabella Stewart Gardner Museum ($8,000).

RecipientPurposeAmount
ALLEY CAT ALLIES BETHESDA, MDUNRESTRICTED$8,000
AMERICAN CANCER SOCIETY HAGERSTOWN, MDUNRESTRICTED$2,000
AMERICAN HEART ASSOCIATION BOSTON, MAUNRESTRICTED$1,000
AMERICAN KIDNEY FUND ROCKVILLE, MDUNRESTRICTED$1,200
AMERICAN KIDNEY FUND ROCKVILLE, MDUNRESTRICTED$2,000
AMERICAN LUNG ASSOCIATION BOSTON, MAUNRESTRICTED$1,200
AMERICAN RED CROSS BOSTON, MAUNRESTRICTED$20,000
AMNESTY INTERNATIONAL BOSTON, MAUNRESTRICTED$2,000
ANIMAL LEGAL DEFENSE FUND COTATI, CAUNRESTRICTED$2,000
ARTHRITIS FOUNDATION ATLANTA, GAUNRESTRICTED$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LESLIE FRASER GOLDPRESIDENT/DIRECTOR - AS NEEDED
GARY P SAVAGECLERK - AS NEEDED

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Gold Foundation Inc?

The Gold Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $212K in total assets as of 2024.

How large is The Gold Foundation Inc?

As of 2024, The Gold Foundation Inc holds $212K in total assets with $27K in annual revenue. It awarded 83 grants totaling $233K in 2024.

Where does The Gold Foundation Inc operate?

The Gold Foundation Inc has awarded grants in Alabama, Arkansas, Arizona, California, District of Columbia, Florida, Georgia, Illinois, Massachusetts, Maryland, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Oklahoma, South Dakota, Texas, Virginia.

What size grants does The Gold Foundation Inc award?

In 2024, The Gold Foundation Inc awarded 83 grants totaling $233K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is The Gold Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gold Foundation Inc reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Gold Foundation Inc's EIN?

The Gold Foundation Inc's EIN (Employer Identification Number) is 04-3369766. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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