Lori And Robert N Goodman Family Foundation
- Assets
- $10.5m
- Revenue
- $1.8m
- Investments
- $8.4m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 02/2017
- Data as of
- 12/2020
- EIN
- 81-4603670
Organization Overview
Lori And Robert N Goodman Family Foundation is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Lori And Robert N Goodman 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 12/2020, Lori And Robert N Goodman Family Foundation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $408.3k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lori And Robert N Goodman Family Foundation has awarded 14 individual grants totaling $300,000. 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 |
|---|---|---|---|
Mitchell Goodman Director | 0.5 | $0 | |
Robert N Goodman Director, Co-Pres, Treasurer | 1 | $0 | |
Jordan S Goodman Director | 0.5 | $0 | |
Lori Goodman Director, Co-Pres, Secretary | 1 | $0 | |
Danielle L Goodman Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,065,235 |
| Interest on Savings | $0 |
| Dividends & Interest | $228,055 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$452,347 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,840,943 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,735 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $108,282 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $408,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,041,959 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $23,985 |
| 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 | $10,506,970 |
| 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, Lori And Robert N Goodman Family Foundation has awarded $300,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF GREATER LOS ANGELES PURPOSE: BREAKING THE CYCLE OF POVERTY FOR OUR MOST VULNERABLE NEIGHBORS: LOW-INCOME FAMILIES, STUDENTS, VETERANS AND PEOPLE EXPERIENCING HOMELESSNE | $30,000 |
Los Angeles, CA PURPOSE: PROVIDING A SAFE, NURTURING ENVIRONMENT WITH PROVEN PROGRAMS IN ARTS, EDUCATION AND WELLNESS FOR THE YOUNG PEOPLE IN SOUTH CENTRAL LOS ANGELES TO HELP THEM IMPROVE THEIR ECONOMIC CONDITIONS AND DEVELOP HEALTHY, FULFILLING AND PURPOSEFUL LIVES. | $30,000 |
Boston, MA PURPOSE: SOLUTIONS SCALED TO MEET THE CLIMATE CRISIS | $30,000 |
SOCIAL JUSTICE LEARNING INSTITUTE PURPOSE: IMPROVING THE EDUCATION, HEALTH AND WELL-BEING OF YOUTH AND COMMUNITIES OF COLOR BY EMPOWERING THEM TO ENACT SOCIAL CHANGE | $30,000 |
Los Angeles, CA PURPOSE: PROGRAMS DESIGNED TO IMPROVING THE LIFE OF ANGELINOS. | $30,000 |
NAMI LOS ANGELES COUNTY PURPOSE: PROVIDING HOPE AND HELP TO IMPROVE LIVES OF ALL AFFECTED BY MENTAL ILNESS THROUGH EDUCATION, SUPPORT AND ADVOCACY IN LA COUNTY | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sandler Foundation San Francisco, CA | $672,162,748 | $40,866,490 |
Leonard & Beryl Buck Foundation Las Vegas, NV | $1,159,755,958 | $49,528,085 |
Liliuokalani Trust Honolulu, HI | $828,579,677 | $45,937,660 |
Anne Wojcicki Foundation Los Altos, CA | $0 | $168,879,733 |
Hollywood Foreign Press Association West Hollywood, CA | $72,579,265 | $17,312,742 |
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |