Goodman Family Foundation
- Assets
- $24.6m
- Revenue
- $6.6m
- Investments
- $24.3m
- Employees
- 0
- Location
- Skokie, IL
- Founding
- 08/1994
- Data as of
- 12/2021
- EIN
- 36-3956748
Organization Overview
Goodman Family Foundation is located in Skokie, IL. The organization was established in 1994. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. 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 12/2021, Goodman Family Foundation generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.1% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 4 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 2020, Goodman Family Foundation has awarded 12 individual grants totaling $2,071,327. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING OF ANNUAL GRANTS FOR DRUG ABSTINENCE PROGRAMS AT CHICAGO AREA HIGH SCHOOLS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharyn Johnson President | 5 | $0 | |
Lawrence Etchell Secretary - Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $276,339 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,024,224 |
| Capital Gain Net Income | $6,024,224 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $311,140 |
| Total Revenue | $6,611,703 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $2,866 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,302 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $102,786 |
| Total operating and administrative expenses | $256,108 |
| Contributions, gifts, grants paid | $1,225,507 |
| Total expenses and disbursements | $1,481,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,257 |
| Savings and temporary cash investments | $233,654 |
| 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 | $37,706 |
| Total assets | $24,599,804 |
| Accounts payable and accrued expenses | $10,907 |
| 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 | $10,907 |
Grants Awarded
Over the last fiscal year, Goodman Family Foundation has awarded $1,225,507 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FIDF - FRIENDS OF THE ISRAEL DEFENSE FORCES PURPOSE: GENERAL SUPPORT | $328,000 |
VARIOUS PUBLIC CHARITIES (AVAILABLE UPON REQUEST) PURPOSE: GENERAL SUPPORT | $325,007 |
Chicago, IL PURPOSE: GENERAL SUPPORT | $168,500 |
CHICAGO AREA HIGH SCHOOLS PURPOSE: DRUG PREVENTION PROGRAMS | $159,500 |
ILLINOIS HOLOCAUST MUSEUM PURPOSE: VARIOUS EXHIBITS | $157,500 |
JDC PURPOSE: GENERAL SUPPORT | $87,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crown Family Foundation Chicago, IL | $468,729,562 | $19,005,366 |
Christian Community Health Center Chicago, IL | $24,875,996 | $21,223,346 |
Jewish Federation Of St Louis St Louis, MO | $156,968,183 | $19,475,995 |
Pritzker Family Philanthropic Fund Chicago, IL | $175,241,348 | $15,696,254 |
Memorial Foundation Inc Belleville, IL | $139,919,506 | $17,553,919 |
Ramtell Inc Tell City, IN | $25,696,087 | $2,760,088 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Jewish Federation Of Greater Indianapolis Inc Indianapolis, IN | $105,560,722 | $10,106,603 |
Winning Wheels Inc Prophetstown, IL | $11,909,541 | $13,671,140 |
United Way Fox Cities Inc Menasha, WI | $16,186,120 | $10,302,524 |
Heart Of Illinois United Way Inc Peoria, IL | $14,132,248 | $9,955,140 |
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |