Foundation for the Greatest Good

FULTON, MD EIN: 52-1907725

Foundation for the Greatest Good is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FULTON, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.8M in total assets. In 2024, it awarded 1 grants totaling $265K. Net investment income was $245K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.8M

+50.2% YoY

Annual Giving

$265K

-66.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$265K

-66.2% YoY

Under IRS private-foundation payout rules, Foundation for the Greatest Good reported a distributable amount of $256K for 2024 — the minimum it must pay out in qualifying distributions.

About Foundation for the Greatest Good

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $22.5M (100%)

States

California

Cities

Loma Linda

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,771,979	$5,173,143	$3,961,832
Revenue	$2,895,272	$2,158,974	$-149,011
Expenses	$291,270	$970,806	$7,483,436
Qualifying Distributions	$276,444	$953,906	$7,451,094
Net Investment Income	$245,383	$142,600	$155,374
Distributable Amount	$256,465	$179,796	$537,994

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached Sch 3 ($265,466).

Recipient	Purpose	Amount
See Attached Sch 3 Loma Linda, CA	See Attached	$265,466

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Stewart Bainum Jr	Trustee	0.25	—
Christine A Shreve	Trustee	0.25	—
Mary C Acker	Sec./Treas.	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Foundation for the Greatest Good?

Foundation for the Greatest Good is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FULTON, MD. It holds $7.8M in total assets as of 2024.

How large is Foundation for the Greatest Good?

As of 2024, Foundation for the Greatest Good holds $7.8M in total assets with $2.9M in annual revenue. It awarded 1 grants totaling $265K in 2024.

Where does Foundation for the Greatest Good operate?

Foundation for the Greatest Good has awarded grants in California.

What size grants does Foundation for the Greatest Good award?

In 2024, Foundation for the Greatest Good awarded 1 grants totaling $265K — an average of about $265K per grant, based on its IRS Form 990 filings.

How much is Foundation for the Greatest Good required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation for the Greatest Good reported a distributable amount of $256K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Foundation for the Greatest Good's EIN?

Foundation for the Greatest Good's EIN (Employer Identification Number) is 52-1907725. IRS Form 990 filing data is available on this page for 2020–2024.