Nonprofit · EIN 23-6297463
JOSEPH N GORSON FOUNDATION
Tax-exempt · PHILADELPHIA, PA 19130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2025 | 990-PF | $52,119 | $36,495 | $15,624 | $464,311 | $0 | $464,311 |
| November 30, 2024 | 990-PF | $47,425 | $42,475 | $4,950 | $448,686 | $0 | $448,686 |
| November 30, 2023 | 990-PF | $39,346 | $41,813 | -$2,467 | $443,736 | $0 | $443,736 |
Financial details: 990-PF for the year ended November 30, 2025
Revenue
- Dividends
- $7,599
- Net gain from sales of assets
- $44,520
Expenses
- Grants and similar amounts paid
- $35,000
- Disbursements for charitable purposes
- $35,000
- Excise tax on investment income
- $724
Balance sheet and other
- Total assets, start of year
- $448,687
- Total assets, end of year
- $464,311
- Total liabilities, end of year
- $0
- Net assets, end of year
- $464,311
- Fair market value of assets
- $719,725
- Qualifying distributions
- $35,000
- Net investment income
- $52,119
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended November 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNNE COHEN 2401 PENNSYLVANIA AVE APT 14B-24, PHILADELPHIA, PA 19130 | CHAIRMAN | 0 | $0 |
| JANICE W GORSON 191 PRESEDENTIAL BLVD, BALA CYNWYD, PA 19004 | TRUSTEE | 0 | $0 |
990-PF for the year ended November 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNNE COHEN 2401 PENNSYLVANIA AVE APT 14B-24, PHILADELPHIA, PA 19130 | CHAIRMAN | 0 | $0 |
| JANICE W GORSON 191 PRESEDENTIAL BLVD, BALA CYNWYD, PA 19004 | TRUSTEE | 0 | $0 |
990-PF for the year ended November 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNNE COHEN 2401 PENNSYLVANIA AVE APT 14B-24, PHILADELPHIA, PA 19130 | CHAIRMAN | 0 | $0 |
| JANICE W GORSON 191 PRESEDENTIAL BLVD, BALA CYNWYD, PA 19004 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2401 PENNSYLVANIA AVENUE APT 14B-24, PHILADELPHIA, PA 19130-3046
- Signed the 990-PF
- LYNNE COHEN, CHAIRMAN
- Phone
- (610) 527-3564
- Return prepared by
- BOSTON & ASSOCIATES PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | 990-PF on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 23-6297463
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1955
- Accounting year ends
- November
- Files
- Form 990-PF
- Assets (IRS master file)
- $464,311
- Income (IRS master file)
- $52,119
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2025 | $52,119 | $36,495 | $464,311 | XML |
| 990-PF | November 2024 | $47,425 | $42,475 | $448,686 | XML |
| 990-PF | November 2023 | $39,346 | $41,813 | $443,736 | XML |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | – | – | – | IRS |
| 990-PF | November 2020 | – | – | – | IRS |
| 990-PF | November 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-6297463).
Questions about JOSEPH N GORSON FOUNDATION
- What is the EIN of JOSEPH N GORSON FOUNDATION?
- The employer identification number (EIN) of JOSEPH N GORSON FOUNDATION is 23-6297463.
- Is JOSEPH N GORSON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1955.
- Are donations to JOSEPH N GORSON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JOSEPH N GORSON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JOSEPH N GORSON FOUNDATION due?
- The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JOSEPH N GORSON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2025.
- Who are the officers and directors of JOSEPH N GORSON FOUNDATION?
- The 990-PF for the year ended November 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does JOSEPH N GORSON FOUNDATION have?
- On its 990-PF for the year ended November 30, 2025 it reported revenue of $52,119, expenses of $36,495 and total assets of $464,311 at year end.
Other nonprofits in PHILADELPHIA
- TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA EIN 23-1352685 · last filed 990 for 2025
- THE CHILDRENS HOSPITAL OF PHILADELPHIA EIN 23-1352166 · last filed 990 for 2025
- THOMAS JEFFERSON UNIVERSITY HOSPITAL EIN 23-2829095 · last filed 990 for 2025
- TEMPLE UNIVERSITY HOSPITAL INC EIN 23-2825878 · last filed 990 for 2025
- HEALTH PARTNERS PLANS INC EIN 23-2379751 · last filed 990 for 2024
- TEMPLE UNIVERSITY-OF THE COMMONWEALTH SYSTEM OF HIGHER EDUC EIN 23-1365971 · last filed 990 for 2025
- THOMAS JEFFERSON UNIVERSITY EIN 23-1352651 · last filed 990 for 2025
- DREXEL UNIVERSITY EIN 23-1352630 · last filed 990 for 2025