Goad Fam Foundation
- Assets
- $2.2m
- Revenue
- $101.1k
- Investments
- $2.0m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 10/2004
- Data as of
- 12/2023
- EIN
- 62-6402695
Organization Overview
Goad Fam Foundation is located in Nashville, TN. The organization was established in 2004. 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. Goad Fam 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, Goad Fam Foundation generated $101.1k 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 (21.9%) each year. All expenses for the organization totaled $222.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Goad Fam Foundation has awarded 193 individual grants totaling $840,800. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred C Goad Manager | 0 | $0 | |
Deana R Goad Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,147 |
| Dividends & Interest | $78,950 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,679 |
| Capital Gain Net Income | $19,679 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $356 |
| Total Revenue | $101,132 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $274 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $109 |
| Total operating and administrative expenses | $19,660 |
| Contributions, gifts, grants paid | $203,250 |
| Total expenses and disbursements | $222,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $298,426 |
| Savings and temporary cash investments | $0 |
| 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 | $1,265 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,249,500 |
| 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, Goad Fam Foundation has awarded $203,250 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
ALIVE HOSPICE PURPOSE: UNRESTRICTED | $2,000 |
AMERICAN ENTERPRISE FUND PURPOSE: UNRESTRICTED | $5,000 |
BLEXIT FOUNDATION PURPOSE: UNRESTRICTED | $200 |
BOOK'EM NASHVILLE PURPOSE: UNRESTRICTED | $3,000 |
CANAAN RANCH PURPOSE: UNRESTRICTED | $2,000 |
CHEEKWOOD BOTANICAL GARDENS PURPOSE: UNRESTRICTED | $1,500 |