Lori And Robert N Goodman Family Foundation
- Assets
- $10.4m
- Revenue
- $1.2m
- Investments
- $9.9m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 02/2017
- Data as of
- 12/2022
- EIN
- 81-4603670
Organization Overview
Lori And Robert N Goodman Family Foundation is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Lori And Robert N 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 12/2022, Lori And Robert N Goodman Family Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $517.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lori And Robert N Goodman Family Foundation has awarded 31 individual grants totaling $1,055,000. 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 |
|---|---|---|---|
Lori Goodman Director, Co-President, Secretary | 1 | $0 | |
Robertt N Goodman Director, Co-President, Treasurer | 1 | $0 | |
Mitchell Goodman Director | 0.5 | $0 | |
Jordan S Goodman Director | 0.5 | $0 | |
Danielle L Goodman Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $307,484 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $777,820 |
| Capital Gain Net Income | $777,820 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $88,623 |
| Total Revenue | $1,173,927 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,089 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $530 |
| Total operating and administrative expenses | $142,092 |
| Contributions, gifts, grants paid | $375,000 |
| Total expenses and disbursements | $517,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,840 |
| Savings and temporary cash investments | $364,681 |
| 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 | $31,343 |
| Total assets | $10,364,026 |
| Accounts payable and accrued expenses | $15,000 |
| 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 | $15,000 |
Grants Awarded
Over the last fiscal year, Lori And Robert N Goodman Family Foundation has awarded $375,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
HOLOCAUST MUSEUM LA PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
PROTECT DEMOCRACY PROJECT PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
CENTER FOR REPRODUCTIVE RIGHTS PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
THE FOUNDATION FOR JEWISH CAMPUS LIFE PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
DIGDEEP RIGHT TO WATER PROJECT PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
FRIENDS OF UNITED HATZALAH PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |