Goff-Street Foundation
- Assets
- $1.6m
- Revenue
- $734.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Grundy, VA
- Founding
- 08/1990
- Data as of
- 12/2022
- EIN
- 54-1545017
Organization Overview
Goff-Street Foundation is located in Grundy, VA. The organization was established in 1990. 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. Goff-Street 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, Goff-Street Foundation generated $734.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $170.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Goff-Street Foundation has awarded 39 individual grants totaling $1,041,270. 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 |
|---|---|---|---|
H A Street President/director (1/1/22-6/25/22) | 1 | $0 | |
Jennifer Potter Assistant Secretary/treasurer/director | 1 | $0 | |
Gina R Simpson President/director (06/25/22-12/31/22) | 2 | $0 | |
Daniel Street Vice President/director | 1 | $0 | |
Judy C Street Assistant Secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $650 |
| Interest on Savings | $24 |
| Dividends & Interest | $38,828 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $695,228 |
| Capital Gain Net Income | $695,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $734,730 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,161 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $24,788 |
| Contributions, gifts, grants paid | $146,000 |
| Total expenses and disbursements | $170,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,634 |
| Savings and temporary cash investments | $51 |
| 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 | $1,612,290 |
| 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, Goff-Street Foundation has awarded $146,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF CENTRAL APPALACHIA PURPOSE: GENERAL SUPPORT | $25,000 |
BUCHANAN FIRST PRESBYTERIAN CHURCH PURPOSE: SCHOLARSHIP FUNDS | $46,000 |
TOWN OF GRUNDY VIRGINIA PURPOSE: GENERAL SUPPORT | $25,000 |
ROANOKE COLLEGE PURPOSE: SCHOLARSHIPS | $25,000 |
VANSANT CHURCH OF CHRIST PURPOSE: GENERAL SUPPORT | $25,000 |