David B & Edward C Goodstein Foundation is located in Northridge, CA. The organization was established in 1963. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. David B & Edward C Goodstein 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 12/2023, David B & Edward C Goodstein Foundation generated $199.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $225.0k during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David B & Edward C Goodstein Foundation has awarded 79 individual grants totaling $1,279,800. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward C Goodstein Trustee | 20 | $0 | |
Francesca Eastman Trustee | 30 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $195,601 |
| Interest on Savings | $3,362 |
| Dividends & Interest | $251 |
| 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 | $199,214 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $79,860 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,741 |
| Total operating and administrative expenses | $109,036 |
| Contributions, gifts, grants paid | $116,000 |
| Total expenses and disbursements | $225,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,672 |
| 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 | $6,182 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $32,854 |
| 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 |
Over the last fiscal year, David B & Edward C Goodstein Foundation has awarded $116,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MUSIC AT MENLO - MENLO SCHOOL PURPOSE: ENDOWMENT FUND, BENEFITTING THE INTERN PROGRAM. | $25,000 |
THE CLARK ART INSTITUTE PURPOSE: VISITING SCHOLARS PROGRAM. | $50,000 |
SANTA CATALINA SCHOOL PURPOSE: LIBRARY PROJECT. | $40,000 |
UC BERKELEY FOUNDATION PURPOSE: UNIVERSITY LIBRARY STUDENT WORK AND LEARN FUND | $1,000 |