Irwin A & Robert D Goodman Foundation Inc
- Assets
- $13.2m
- Revenue
- $134.1k
- Investments
- $8.8m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 09/1963
- Data as of
- 08/2022
- EIN
- 39-6056619
Organization Overview
Irwin A & Robert D Goodman Foundation Inc is located in Madison, WI. 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. Irwin A & Robert D Goodman Foundation Inc 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 08/2022, Irwin A & Robert D Goodman Foundation Inc generated $134.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (49.4%) each year. All expenses for the organization totaled $2.2m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Irwin A & Robert D Goodman Foundation Inc has awarded 67 individual grants totaling $8,366,912. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eg Schramka Vp/executive Director | 45 | $200,400 | |
Howard A Sweet President | 5 | $0 | |
Mary Rouse Director | 5 | $0 | |
Tim Stadelman Secretary/treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $185,946 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$51,799 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $134,147 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $200,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $16,699 |
| Interest | $0 |
| Taxes | $11,759 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,453 |
| Total operating and administrative expenses | $258,720 |
| Contributions, gifts, grants paid | $1,971,655 |
| Total expenses and disbursements | $2,230,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,119,142 |
| 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 | $8,790,229 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $250,817 |
| Total assets | $13,160,188 |
| Accounts payable and accrued expenses | $766 |
| 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 | $766 |
Grants Awarded
Over the last fiscal year, Irwin A & Robert D Goodman Foundation Inc has awarded $1,971,655 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
GOODMAN COMMUNITY CENTER PURPOSE: GENERAL OPERATIONS AND FYI NUTRITION AND PHYSI | $568,100 |
Madison, WI PURPOSE: CAPITAL IMPROVEMENTS | $250,000 |
Madison, WI PURPOSE: IMPROVEMENTS TO GOODMAN DIAMOND | $190,000 |
Minneapolis, MN PURPOSE: CAPITAL CAMPAIGN FOR TRACK AND FIELD COMPLEX | $150,000 |
Madison, WI PURPOSE: GENERAL OPERATIONS/ FOOD INSECURITY | $143,800 |
Madison, WI PURPOSE: GENERAL OPERATIONS AND CAPITAL IMPROVEMENTS | $115,211 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Irving S Gilmore Foundation Kalamazoo, MI | $388,410,325 | $41,180,610 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |