Goodnow-Prus Foundation
- Assets
- $59.2k
- Revenue
- $35.0
- Investments
- $57.4k
- Employees
- 0
- Location
- Bloomfield Hills, MI
- Founding
- 01/1999
- Data as of
- 06/2023
- EIN
- 38-3440580
Organization Overview
Goodnow-Prus Foundation is located in Bloomfield Hills, MI. The organization was established in 1999. 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. Goodnow-Prus 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 06/2023, Goodnow-Prus Foundation generated $35.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (51.1%) each year. All expenses for the organization totaled $19.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Goodnow-Prus Foundation has awarded 64 individual grants totaling $119,400. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael G Prus Treasurer | 0 | $0 | |
Elizabeth P Myers President | 0 | $0 | |
Jeffrey G Prus Vice Preside | 0 | $0 | |
David Rosenberger Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,300 |
| Contributions, gifts, grants paid | $17,100 |
| Total expenses and disbursements | $19,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,762 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $59,194 |
| Accounts payable and accrued expenses | $0 |
| 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 | $17,100 |
| Total liabilities | $17,100 |
Grants Awarded
Over the last fiscal year, Goodnow-Prus Foundation has awarded $17,100 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
DETROIT CRISTO REY PURPOSE: GENERAL | $4,000 |
GROSSE POINTE ACADEMY PURPOSE: GENERAL | $3,500 |
ST PAUL CHURCH PURPOSE: GENERAL | $1,000 |
WELLESLEY VILLAGE CHURCH PURPOSE: GENERAL | $1,500 |
NEW YORKERS FOR CHILDREN PURPOSE: GENERAL | $2,500 |
RONALD MCDONALD HOUSE CHARTIES PURPOSE: GENERAL | $1,500 |