OVERVIEW: The Kathy and Al Gordon Fund primarily backs educational causes. It also earmarks funds for causes like the arts, culture and human services.
IP TAKE: The foundation lacks transparency, which limits information available on its grantmaking priorities and activities.
PROFILE: The Kathy and Al Gordon Fund was established in 2004 by New York couple Al Gordon and his wife Kathy. Al Gordon is a son of the late Albert Gordon, a Wall Street veteran who helped rebuild Kidder Peabody. The foundation does not maintain a website, which limits information available on its grantmaking priorities and activities. According to tax filings, the Kathy and Al Gordon Fund primarily funds grantmaking related to education. It also earmarks funds for causes like the arts, culture and human services.
The family has strong ties to Vassar College, where late matriarch Mary Rousmaniere Gordon graduated. The foundation’s grantmaking continues to support Vassar. Al Gordon has also given millions to his alma mater Harvard College.
Grants range from $1,000 to $270,000. In a recent fiscal year, the foundation gave away around $362,000. Past grantees included Inner City Scholarship Fund, Street Squash Harlem, Brooklyn Botanical Garden, Planned Parenthood and Coalition for the Homeless.
The foundation keeps a low profile and does not accept unsolicited proposals.
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Kathy and Al Gordon Fund
570 Park Avenue
New York, NY 10021