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Karen And Russell Goldsmith Family Charitable Trust

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$394k (2023)

Expenses
$723k (2023)

Total Assets
$13.2M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2017 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$394,059
Expenses
$722,820
Net Income
-$328,761
Net Assets
$13,152,904
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $47,882
12.2%
Dividends $440,717
> 100%
Sales of Assets -$94,540
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $663,091
91.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $13,152,904
Total Liabilities $0
Net Assets $13,152,904
Compensation
Key Employees and Officers Compensation Other
Russell D Goldsmith (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$123,832
Expenses
$672,039
Net Income
-$795,871
Net Assets
$12,493,035
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $39,785
Dividends $310,120
Sales of Assets -$474,737
Other Income $1,000
Notable Expenses Percent of Total Expenses
Charitable Disbursements $617,953
92.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $12,493,035
Total Liabilities $0
Net Assets $12,493,035
Compensation
Key Employees and Officers Compensation Other
Russell D Goldsmith (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,443,725
Expenses
$679,348
Net Income
$764,377
Net Assets
$14,611,576
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $30,817
2.1%
Dividends $298,147
20.7%
Sales of Assets $1,114,761
77.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $503,334
74.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $14,611,576
Total Liabilities $0
Net Assets $14,611,576
Compensation
Key Employees and Officers Compensation Other
Russell D Goldsmith (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$940,155
Expenses
$334,439
Net Income
$605,716
Net Assets
$13,005,169
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4,359
0.5%
Dividends $477,651
50.8%
Sales of Assets $458,145
48.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $246,125
73.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $13,005,170
Total Liabilities $1
Net Assets $13,005,169
Compensation
Key Employees and Officers Compensation Other
Russell D Goldsmith (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,976,747
Expenses
$277,715
Net Income
$7,699,032
Net Assets
$12,425,463
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $7,752,490
97.2%
Interest Revenue $1,190
0.0%
Dividends $183,406
2.3%
Sales of Assets $39,661
0.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $246,275
88.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $12,425,464
Total Liabilities $1
Net Assets $12,425,463
Compensation
Key Employees and Officers Compensation Other
Russell D Goldsmith (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$176,285
Expenses
$260,650
Net Income
-$84,365
Net Assets
$4,118,982
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $176,285
100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $213,543
81.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,118,982
Total Liabilities $0
Net Assets $4,118,982
Compensation
Key Employees and Officers Compensation Other
Russell D Goldsmith (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$161,498
Expenses
$69,351
Net Income
$92,147
Net Assets
$4,991,147
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $161,498
100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $19,437
28.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,991,147
Total Liabilities $0
Net Assets $4,991,147
Compensation
Key Employees and Officers Compensation Other
Russell D Goldsmith (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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