Eugene A & Suzanne H Gorab Foundation
EIN 061603317About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $50,000. This amount represents 25% or more of the Foundation's net assets of $2,947 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction, IT WILL CONTINUE IN EXISTENCE and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $366K | $83K | $429K | 12 |
| 2017 | $327K | $3K | $280K | 8 |
| 2018 | $99K | $9K | $110K | 8 |
| 2019 | N/A | $3K | $30K | N/A |
| 2020 | $50K | $48K | $100K | 1 |
| 2022 | $545K | $604K | $-21K | 6 |
| 2023 | $304K | $382K | $5K | 5 |
| 2024 | $74K | $357K | $25K | 10 |
Grant Size Distribution
Based on 50 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (50 total)
| Purpose | ||||
|---|---|---|---|---|
| Fairfield College Preparatory School | Fairfield, CT | $350,000 | General & Unrestricted | 2022 |
| Open Discourse Coalition | Lewisburg, PA | $200,000 | General & Unrestricted | 2023 |
| Bucknell University | Lewisburg, PA | $200,000 | President's Discretionary Fund | 2016 |
| Bucknell University | Lewisburg, PA | $200,000 | President's Discretionary Fund | 2017 |
| Bridgeport Hospital Foundation Inc | Bridgeport, CT | $108,000 | Medical Intensive Care Unit (MICU) | 2016 |
| Open Discourse Coalition | Lewisburg, PA | $100,000 | General & Unrestricted | 2022 |
| Appalachia Service Project Inc | Johnson City, TN | $65,000 | General & Unrestricted | 2017 |
| Greenfield Hill Congregational Church | Fairfield, CT | $50,000 | General & Unrestricted | 2020 |
| The United Theatre | Westerly, RI | $50,000 | General & Unrestricted | 2023 |
| Prea Foundation Inc | Hartford, CT | $50,000 | General & Unrestricted | 2023 |
| Prea Foundation Inc | Hartford, CT | $50,000 | General & Unrestricted | 2022 |
| Gettysburg College | Gettysburg, PA | $50,000 | General & Unrestricted | 2018 |
| Greenfield Hill Congregational Church | Fairfield, CT | $40,000 | General & Unrestricted | 2017 |
| Bucknell University | Lewisburg, PA | $30,000 | General & Unrestricted | 2022 |
| The United Theatre | Westerly, RI | $25,000 | General & Unrestricted | 2024 |
| Greenfield Hill Congregational Church | Fairfield, CT | $25,000 | General & Unrestricted | 2016 |
| Greenfield Hill Congregational Church | Fairfield, CT | $25,000 | General & Unrestricted | 2018 |
| Bucknell University | Lewisburg, PA | $16,000 | General & Unrestricted | 2016 |
| Bridgeport Hospital Foundation Inc | Bridgeport, CT | $15,000 | Charitable Event | 2017 |
| Bob Woodruff Family Foundation | New York, NY | $10,000 | General & Unrestricted | 2024 |
| Mountain Sinai Childrens Center Foundation | New York, NY | $10,000 | General & Unrestricted | 2024 |
| Near and Far Aid Association | Southport, CT | $10,000 | General & Unrestricted | 2024 |
| Spark Youth NYC | New York, NY | $10,000 | General & Unrestricted | 2024 |
| Bob Woodruff Family Foundation Inc | New York, NY | $10,000 | General & Unrestricted | 2022 |
| Radical Hope Inc | Burlington, MA | $10,000 | General & Unrestricted | 2018 |