The Good Community Foundation
- Assets
- $65.6k
- Revenue
- $200.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Shaker Heights, OH
- Founding
- 07/2016
- Data as of
- 12/2022
- EIN
- 47-2903759
Organization Overview
The Good Community Foundation is located in Shaker Heights, OH. The organization was established in 2016. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Good Community 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 2016, Good Community Foundation has awarded 243 individual grants totaling $1,431,907. 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 |
|---|---|---|---|
Albert Ratner Director | 5 | $0 | |
Sheila Wright President And CEO | 40 | $128,620 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $458 |
| Dividends & Interest | $287 |
| 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 | $200,745 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $128,620 |
| 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 | $200 |
| Total operating and administrative expenses | $128,820 |
| Contributions, gifts, grants paid | $61,108 |
| Total expenses and disbursements | $189,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,588 |
| 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 | $65,588 |
| 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, The Good Community Foundation has awarded $61,108 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BLACK PROFESSIONAL ASSOC CHARITABLE FOUNDATION PURPOSE: 42ND ANNUAL SCHOLARSHIP AND AWARDS GALA | $4,408 |
CUYAHOGA COMMUNITY COLLEGE FOUNDATION PURPOSE: APPLAUSE! EVENT IHO ALEX JOHNSON | $3,000 |
GINN FOUNDATION PURPOSE: ANNUAL FUND | $10,000 |
GINN FOUNDATION PURPOSE: GINN COLLEGE TOUR | $10,000 |
GLOBAL CLEVELAND PURPOSE: 2022 BOARD APPEAL | $2,500 |
GREATER CLEVELAND FOOD BANK INC PURPOSE: ANNUAL TURKEY DRIVE | $500 |