Goode Family Foundation
- Assets
- $10.4m
- Revenue
- $2.7m
- Investments
- $9.9m
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-1574279
Organization Overview
Goode Family Foundation is located in Norfolk, VA. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goode 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 12/2021, Goode Family Foundation generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Goode Family Foundation has awarded 145 individual grants totaling $4,875,500. 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 |
|---|---|---|---|
David R Goode Board Member | 5 | $0 | |
Susan S Goode Treasurer | 5 | $0 | |
Shirley C Baldwin Board Member | 5 | $0 | |
Christina L Goode President | 5 | $0 | |
Martha M Goode Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $223,909 |
| Interest on Savings | $35 |
| Dividends & Interest | $259,291 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,232,137 |
| Capital Gain Net Income | $2,232,137 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,046 |
| Total Revenue | $2,717,418 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,259 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $111,980 |
| Total operating and administrative expenses | $125,239 |
| Contributions, gifts, grants paid | $1,237,500 |
| Total expenses and disbursements | $1,362,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $522,030 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,398,808 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Goode Family Foundation has awarded $1,237,500 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
Norfolk, VA PURPOSE: SUPPORT RECIPIENT'S TAX-EXEMPT PROGRAM | $200,000 |
Key West, FL PURPOSE: SUPPORT RECIPIENT'S TAX-EXEMPT PROGRAM | $100,000 |
CHKD PURPOSE: SUPPORT RECIPIENT'S TAX-EXEMPT PROGRAM | $100,000 |
VIRGINIA OPERA PURPOSE: SUPPORT RECIPIENT'S TAX EXEMPT PROGRAM | $100,000 |
VIRGINIA MUSEUM OF HISTORY & CULTURE PURPOSE: SUPPORT RECIPIENT'S TAX-EXEMPT PROGRAM | $100,000 |
Charlottesville, VA PURPOSE: SUPPORT RECIPIENT'S TAX-EXEMPT PROGRAM | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Democracy Fund Voice Inc Washington, DC | $4,065,854 | $19,697,419 |
Center For The Study Of Social Policy Washington, DC | $21,257,623 | $17,047,188 |
Regulatory Affairs Professionals Society Rockville, MD | $9,226,443 | $11,018,465 |
Issue One Washington, DC | $6,409,189 | $6,980,798 |
Public Affairs Council Inc Washington, DC | $11,621,204 | $5,655,372 |
Carolina Partnership For Reform Inc Raleigh, NC | $581,254 | $4,602,025 |
Commercial Vehicle Safety Alliance Greenbelt, MD | $5,175,740 | $5,464,465 |
Living Classrooms Foundation Baltimore, MD | $10,378,836 | $6,289,035 |
Students For Life Action Fredericksburg, VA | $1,451,921 | $3,948,083 |
Public Access Corporation Of The District Of Columbia Washington, DC | $11,735,762 | $3,589,628 |
The Congressional Institute Inc Alexandria, VA | $6,719,545 | $3,277,666 |
Civil Justice Reform Group Great Falls, VA | $1,472,377 | $2,732,622 |