Kathryn Goodman Foundation is located in West Tisbury, MA. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Kathryn Goodman 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 12/2022, Kathryn Goodman Foundation generated $181.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $559.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Kathryn Goodman Foundation has awarded 139 individual grants totaling $1,366,036. 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.
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Timothy Goodman | 12/30/22 | $60,000 |
Merrill Lynch Wealth Management | 12/30/22 | $79,730 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $295 |
| Dividends & Interest | $231,005 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$50,230 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $181,070 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,688 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $928 |
| Total operating and administrative expenses | $173,074 |
| Contributions, gifts, grants paid | $386,366 |
| Total expenses and disbursements | $559,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $51,069 |
| 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 | $0 |
| Total assets | $5,814,905 |
| 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, Kathryn Goodman Foundation has awarded $386,366 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL RESCUE LEAGUE OF BOSTON PURPOSE: ASSISTANCE FOR HOMELESS ANIMALS | $3,000 |
ANIMAL SHELTER OF MARTHAS VINEYARD PURPOSE: VET SERVICES | $5,000 |
CHILD JUSTICE INC PURPOSE: PROTECTION FOR ABUSED CHILDREN | $30,000 |
FEATHERSTONE CTR PURPOSE: COMMUNITY PROGRAMS | $10,000 |
HARBOR HOMES PURPOSE: ASSISTANCE FOR HOMELESS | $30,000 |
FELIX NECK SANCTUARY PURPOSE: WILDLIFE PROTECTION | $3,000 |