G4 Good Foundation Inc
- Assets
- $630.2k
- Revenue
- $132.6k
- Investments
- $597.0k
- Employees
- 0
- Location
- Lighthouse Point, FL
- Founding
- 11/2018
- Data as of
- 12/2023
- EIN
- 83-0729789
Organization Overview
G4 Good Foundation Inc is located in Lighthouse Point, FL. The organization was established in 2018. 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. G4 Good 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 12/2023, G4 Good Foundation Inc generated $132.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.9%) each year.
Since 2019, G4 Good Foundation Inc has awarded 60 individual grants totaling $283,377. 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 |
|---|---|---|---|
Joseph Grote President | 2 | $0 | |
Janet Grote Treasurer | 2 | $0 | |
Danielle Grote Vice President | 2 | $0 | |
Julia Grote Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $61,031 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,758 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,105 |
| Capital Gain Net Income | $4,105 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $53,674 |
| Total Revenue | $132,568 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $261 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26,539 |
| Total operating and administrative expenses | $28,100 |
| Contributions, gifts, grants paid | $87,680 |
| Total expenses and disbursements | $115,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,701 |
| Savings and temporary cash investments | $4,477 |
| 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 | $55,694 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $630,187 |
| 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, G4 Good Foundation Inc has awarded $87,680 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AQUANAUTS ADAPTIVE DIVE PURPOSE: SUPPORT | $8,548 |
BAHAMAS NATION TRUST FUND INC PURPOSE: SUPPORT | $905 |
DIVE4VETS FOUNDATION PURPOSE: SUPPORT | $36,215 |
EPILEPSY ALLIANCE FOUNDATION PURPOSE: SUPPORT | $2,425 |
LIFEWATERS ADAPTIVE DIVE PURPOSE: SUPPORT | $4,996 |
SOUTH FLORIDA RATTLERS PURPOSE: SUPPORT | $3,000 |