Goodwin Foundation
- Assets
- $3.1m
- Revenue
- $106.2k
- Investments
- $3.1m
- Employees
- 0
- Location
- Grand Junction, CO
- Founding
- 07/1952
- Data as of
- 12/2023
- EIN
- 84-6036758
Organization Overview
Goodwin Foundation is located in Grand Junction, CO. The organization was established in 1952. 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. Goodwin 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, Goodwin Foundation generated $106.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $232.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Goodwin Foundation has awarded 207 individual grants totaling $3,043,369. 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 |
|---|---|---|---|
John Gormley Chairman | 5 | $0 | |
Linda Bacon Reid Treasurer | 2 | $0 | |
Dan Ela Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $281 |
| Dividends & Interest | $82,922 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,021 |
| Capital Gain Net Income | $23,021 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $106,224 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $859 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,759 |
| Total operating and administrative expenses | $28,914 |
| Contributions, gifts, grants paid | $204,000 |
| Total expenses and disbursements | $232,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,408 |
| 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 | $3,097,266 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,105 |
| Total assets | $3,123,779 |
| 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, Goodwin Foundation has awarded $309,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF MESA COUNTY PURPOSE: OPERATING SUPPORT | $13,000 |
COLORADO MESA UNIVERSITY FOUNDATION PURPOSE: ANNUAL SCHOLARSHIP | $5,000 |
GRAND VALLEY CATHOLIC OUTREACH PURPOSE: CAPITAL CAMPAIGN | $12,500 |
COLORADO MESA UNIVERSITY FOUNDATION PURPOSE: CAPITAL CAMPAIGN | $20,000 |
MESA COUNTY LIBRARIES FOUNDATION PURPOSE: CAPITAL CAMPAIGN | $25,000 |
MARILLAC CLINIC INC PURPOSE: CAPITAL CAMPAIGN | $30,000 |