The Good Community Foundation
- Assets
- $54.8k
- Revenue
- $18.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shaker Heights, OH
- Founding
- 07/2016
- Data as of
- 12/2021
- 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.
For the year ending 12/2021, Good Community Foundation generated $18.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (71.7%) each year. All expenses for the organization totaled $243.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Good Community Foundation has awarded 196 individual grants totaling $1,296,018. 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 |
|---|---|---|---|
Sheila Wright VP Of Community Engagement | 40 | $99,979 | |
Albert Ratner Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18 |
| 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 | $18 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $99,979 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $100,091 |
| Contributions, gifts, grants paid | $143,737 |
| Total expenses and disbursements | $243,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,771 |
| 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 | $54,771 |
| 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 $143,737 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
GINN ACADEMYGINN FOUNDATION PURPOSE: LIFE COACH FUNDING 2021 | $40,000 |
HEBREW FREE LOAN ASSOCIATION PURPOSE: ROOTED - VIRTUAL EVENT | $25,000 |
Cleveland, OH PURPOSE: 2020 GALA | $10,000 |
E Cleveland, OH PURPOSE: ANNUAL FUND | $10,000 |
KARAMU HOUSE INC PURPOSE: JUNETEENTH FREEDOM FEST | $10,000 |
Cleveland, OH PURPOSE: 20021 STATE OF SCHOOLS | $9,800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Good Community Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Cleveland Browns Foundation Berea, OH PURPOSE: GINN ACADEMY LIFE COACHES | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gift Clearing Trust Indianapolis, IN | $47,036,280 | $91,256,862 |
Jack Joseph And Morton Mandel Supporting Foundation Cleveland, OH | $3,137,744,612 | $304,643,754 |
L Brands Foundation Columbus, OH | $10,808,234 | $42,020,639 |
Siemer Institute Columbus, OH | $21,924,276 | $13,963,015 |
David And Inez Myers Foundation Cleveland, OH | $231,370,323 | $1,575,245 |
Block 3 Community Urban Redevelopment Corporation Cincinnati, OH | $43,753,173 | $7,948,144 |
The Harry Halloran Jr Charitable Trust Philadelphia, PA | $26,412,399 | $8,412,088 |
Sally And John Morley Family Fund Cleveland, OH | $0 | $0 |
Foundation For The Uptown Reinvestment Corporation Flint, MI | $1,872,223 | $6,455,012 |
Upic Solutions Inc Fort Mitchell, KY | $2,371,554 | $6,046,013 |
Dayton Foundation Plus Inc Dayton, OH | $83,505,101 | $9,971,050 |
Jcgf Charitable Tr Cincinnati, OH | $1,841,285 | $5,857,978 |