Goddard Foundation
- Assets
- $680.6k
- Revenue
- $38.8k
- Investments
- $646.8k
- Employees
- 0
- Location
- Cordova, TN
- Founding
- 04/2000
- Data as of
- 09/2023
- EIN
- 62-1755473
Organization Overview
Goddard Foundation is located in Cordova, TN. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goddard 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 09/2023, Goddard Foundation generated $38.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $58.2k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Goddard Foundation has awarded 103 individual grants totaling $170,800. 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 |
|---|---|---|---|
Stewart Goddard President | 20 | $9,000 | |
Stephen Goddard Vp/secy | 20 | $7,000 | |
Courtney Goddard Trustee | 5 | $0 | |
Pamela Goddard Treasurer | 5 | $0 | |
Whitney Goddard Trustee | 5 | $0 | |
Ashley Goddard Tucker Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,133 |
| Dividends & Interest | $26,788 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,166 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,755 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,000 |
| 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 | $905 |
| Total operating and administrative expenses | $19,705 |
| Contributions, gifts, grants paid | $38,500 |
| Total expenses and disbursements | $58,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,777 |
| 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 | $646,813 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $680,590 |
| 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, Goddard Foundation has awarded $38,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
YOUTH VILLAGES PURPOSE: TO FURTHER THE GROWTH AND DEVELOPEMENT, EDUCATION, AND FINANCIAL SUPPORT OF VARIOUS CHARITIES | $500 |
MCC FOUNDATION PURPOSE: TO FURTHER THE GROWTH AND DEVELOPEMENT, EDUCATION, AND FINANCIAL SUPPORT OF VARIOUS CHARITIES | $2,000 |
UNIVERSITY OF MEMPHIS FOUNDATION PURPOSE: TO FURTHER THE GROWTH AND DEVELOPEMENT, EDUCATION, AND FINANCIAL SUPPORT OF VARIOUS CHARITIES | $3,000 |
LEBONHEUR CHILDREN'S HOSPITAL PURPOSE: TO FURTHER THE GROWTH AND DEVELOPEMENT, EDUCATION, AND FINANCIAL SUPPORT OF VARIOUS CHARITIES | $500 |
ALZHEIMER'S ASSOCIATION PURPOSE: TO FURTHER THE GROWTH AND DEVELOPEMENT, EDUCATION, AND FINANCIAL SUPPORT OF VARIOUS CHARITIES | $2,000 |
LIVING WORLD COMMUNITY CHURCH PURPOSE: TO FURTHER THE GROWTH AND DEVELOPEMENT, EDUCATION, AND FINANCIAL SUPPORT OF VARIOUS CHARITIES | $5,000 |