Goodman Family Foundation
- Assets
- $23.1m
- Revenue
- -$77.1k
- Investments
- $22.8m
- Employees
- 0
- Location
- Skokie, IL
- Founding
- 08/1994
- Data as of
- 12/2022
- EIN
- 36-3956748
Organization Overview
Goodman Family Foundation is located in Skokie, IL. The organization was established in 1994. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Goodman 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.
Since 2020, Goodman Family Foundation has awarded 21 individual grants totaling $3,285,827. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING OF ANNUAL GRANTS FOR DRUG ABSTINENCE PROGRAMS AT CHICAGO AREA HIGH SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharyn Johnson President | 5 | $0 | |
Gary Goodman Vice President | 0 | $0 | |
Nancy Goodman Secretary | 0 | $0 | |
Lawrence Etchell Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $460,414 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$653,492 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $116,023 |
| Total Revenue | -$77,055 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $3,075 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,760 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $94,671 |
| Total operating and administrative expenses | $211,638 |
| Contributions, gifts, grants paid | $1,214,500 |
| Total expenses and disbursements | $1,426,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,499 |
| Savings and temporary cash investments | $238,305 |
| 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 | $253,452 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,097,061 |
| Accounts payable and accrued expenses | $11,357 |
| 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 | $11,357 |
Grants Awarded
Over the last fiscal year, Goodman Family Foundation has awarded $1,214,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
FIDF - FRIENDS OF THE ISRAEL DEFENSE FORCES PURPOSE: GENERAL SUPPORT | $188,000 |
CHICAGO AREA HIGH SCHOOLS PURPOSE: DRUG PREVENTION PROGRAMS | $236,500 |
YOUTH GUIDANCE PURPOSE: GENERAL SUPPORT | $71,500 |
ILLINOIS HOLOCAUST MUSEUM PURPOSE: VARIOUS EXHIBITS | $174,500 |
VARIOUS PUBLIC CHARITIES (AVAILABLE UPON REQUEST) PURPOSE: GENERAL SUPPORT | $364,000 |
ISRAEL ENDOWMENT FUNDS INC PURPOSE: GENERAL SUPPORT | $95,000 |