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GOULD FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GOULD FAMILY FOUNDATION (EIN 02-0595263)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-14
IRS object ID
202543189349101009
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-14T08:59:17-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN112773025PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BERNSTEIN & BERNSTEIN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1129 POST ROAD EASTAddressLine1Txt
CityWESTPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06880ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020595263EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GOULD FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGOULBusinessNameControlTxt
Phone8608681462PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/OBERNSTEIN 129 POST RD EASTAddressLine1Txt
CityWESTPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06880ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEDWIN S MATTHEWS JRPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone8608681462PhoneNum
Signature2025-11-10SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT BERNSTEIN CPAPreparerPersonNm
PTINP01010230PTIN
Phone9146549500PhoneNum
Preparation2025-11-11PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,068,345FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$75,149DividendsRevAndExpnssAmt
Dividends Net Invst Incm$75,149DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$281NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,471,341GrossSalesPriceAmt
Other Income Rev And Expnss$289OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$289OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$75,719TotalRevAndExpnssAmt
Total Net Invst Incm$75,438TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$42,250AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$42,250AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$24,820OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$24,820OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$67,070TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$67,070TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$67,070TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$67,070TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$8,649ExcessRevenueOverExpensesAmt
Net Investment Income$8,368NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,126,156SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$243,107SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$243,107SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers BOY$202,749RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY$202,749RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV$202,749RcvblFromOfficersEOYFMVAmt
Corporate Bonds BOY$734,102CorporateBondsBOYAmt
Corporate Bonds EOY$1,622,489CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,622,489CorporateBondsEOYFMVAmt
Total Assets BOY$2,063,007TotalAssetsBOYAmt
Total Assets EOY$2,068,345TotalAssetsEOYAmt
Total Assets EOYFMV$2,068,345TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$2,059,319CapitalStockBOYAmt
Capital Stock EOY$2,055,883CapitalStockEOYAmt
Retained Earning BOY$3,688RetainedEarningBOYAmt
Retained Earning EOY$12,462RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,063,007TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,068,345TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,063,007TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,068,345TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,063,007TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$8,649ExcessRevenueOverExpensesAmt
Subtotal$2,071,656SubtotalAmt
Other Decreases$3,311OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$2,068,345TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$116InvestmentIncomeExciseTaxAmt
Subtotal$116SubtotalAmt
Tax Based On Investment Income$116TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$800EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$800TotalPaymentsAndCreditsAmt
Overpayment$684OverpaymentAmt
Applied To ES Tax$684AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressNAWebsiteAddressTxt
Individual With BooksEDWIN S MATTHEWS JRIndividualWithBooksNm
Phone8608681462PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1C/O BERNSTEIN 129 POST RD EASTAddressLine1Txt
CityWESTPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06880ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsYes (true)UncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposeYes (true)NoncharitablePurposeInd
Transactions Fail To Qlfy As ExcYes (true)TransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonEDWIN S MATTHEWS JRPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O BERNSTEIN 129 POST RD EASTAddressLine1Txt
CityWESTPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06880ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,178,296AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$684,632AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,862,928TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,862,928AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$27,944CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,834,984NetVlNoncharitableAssetsAmt
Minimum Investment Return$91,749MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$91,749MinimumInvestmentReturnAmt
Tax Based On Investment Income$116TaxBasedOnInvestmentIncomeAmt
Total Tax$116TotalTaxAmt
Distributable Before Adj$91,633DistributableBeforeAdjAmt
Distributable Before Ded$91,633DistributableBeforeDedAmt
Distributable As Adjusted$91,633DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$91,633DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$133,435ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$110,173ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$34,102,843ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$34,346,451TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$91,633ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$91,633ExcessDistributionCyovAppCYAmt
Total Corpus$34,254,818TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$41,802ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$34,213,016ExcessDistriCyovToNextYrAmt
Excess From Year4$110,173ExcessFromYear4Amt
Excess From Year2$34,102,843ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonTHE GOULD FAMILY FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 493AddressLine1Txt
CityWASHINGTON DEPOTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06794ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8608681462RecipientPhoneNum
Form And Info And MaterialsLETTERFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$75,149RelatedOrExemptFunctionIncmAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$289RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$281RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$75,719RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$75,719TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryBERNSTEIN & BERNSTEIN 23 ANS 24CategoryTxt
Amt$42,250Amt
Net Investment Income$42,250NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (4 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
DEUTSCHE BANK BROKERAGEPURCHASE$831,807$831,897-$90
DEUTSCHE BANK BROKERAGEPURCHASE$625,000$624,629$371
PURCHASE
DEUTSCHE BANK BROKERAGEPURCHASE$14,534$14,534

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondSEE ATTACHEDBondNm
EOY Book Value$1,622,489EOYBookValueAmt
EOYFMV$1,622,489EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescMTM LOSSDesc
Amt$3,311Amt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescCLASS ACTION PROCEEDSDesc
Revenue And Expenses Per Books$289RevenueAndExpensesPerBooksAmt
Net Investment Income$289NetInvestmentIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
DEUTSCHE BANK FEES$1,295$1,295
1919 INVESTMENT MGMT$11,132$11,132
TRUSTEE FEE$12,393$12,393

Other Receivables Officers Sch OtherReceivablesOfficersSch

Officer Other Rcvbl OfficerOtherRcvblGrp

FieldValueIRS element (for citing)
Borrower PersonADVANCES TO ANTHONY GOULDBorrowerPersonNm
Borrower TitleTRUSTEEBorrowerTitleTxt
Loan Original$23,854LoanOriginalAmt
Balance Due$202,749BalanceDueAmt
Note2019-01NoteDt
Repayment TermsPAYMT CONSTANTLY DEMANDEDRepaymentTermsTxt
Interest0.0300InterestRt
Loan PurposeFOUNDATION DIDN'T AUTHORIZE ADVANCELoanPurposeTxt
Consideration FMV$202,749ConsiderationFMVAmt