Goddard Family Foundation
- Assets
- $2.5m
- Revenue
- $62.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Loves Park, IL
- Founding
- 03/1987
- Data as of
- 01/2024
- EIN
- 36-3499047
Organization Overview
Goddard Family Foundation is located in Loves Park, IL. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goddard Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2024, Goddard Family Foundation generated $62.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $143.2k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Goddard Family Foundation has awarded 181 individual grants totaling $504,611. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE PART XV, LINE 3A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A John Goddard III President/treas/director | 0.5 | $0 | |
Christopher J Goddard Vice President/director | 0.1 | $0 | |
Dulcie Keckler Secretary | 0.5 | $0 | |
Mercy P Goddard Asst. Secretary/director | 0.1 | $0 | |
Barbara Cullen Asst. Secretary | 0.1 | $0 | |
Sara Adler Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,278 |
| Interest on Savings | $23,622 |
| Dividends & Interest | $49,862 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,338 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $104 |
| Total Revenue | $62,528 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $258 |
| Total operating and administrative expenses | $21,709 |
| Contributions, gifts, grants paid | $121,500 |
| Total expenses and disbursements | $143,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,190 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,348,025 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,453,215 |
| Accounts payable and accrued expenses | $4,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,000 |
Grants Awarded
Over the last fiscal year, Goddard Family Foundation has awarded $121,500 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BATTLEFIELD TRUST PURPOSE: GENERAL PURPOSES | $1,000 |
AMERICA FIRST LEGAL FOUNDATION PURPOSE: GENERAL PURPOSES | $5,000 |
CHICAGO LIGHTHOUSE PURPOSE: ENDOWMENT CAMPAIGN | $1,000 |
HILLSDALE COLLEGE PURPOSE: EDUCATIONAL | $5,000 |
ILLINOIS POLICY INSTITUTE PURPOSE: TO PROVIDE SUPPORT | $15,000 |
MASCULAR DEGENERATION PURPOSE: GENERAL PURPOSES | $1,000 |