Gift of Good Foundation
Gift of Good Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $10.6M in total assets. In 2024, it awarded 7 grants totaling $468K. Net investment income was $136K.
Gift of Good Foundation at a glance
In short: Gift of Good Foundation gave $468K across 7 grants in 2024 (avg $67K), mostly in Hawaii. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $467,667
- +699.4% vs 2023
- Grants made (2024)
- 7
- +75.0% vs 2023
- Average grant
- $66,810
- +356.8% vs 2023
- Median grant
- $25,000
- Total assets
- $10,605,370
- +167.7% vs 2023
- Primary geography
- Hawaii (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Gift of Good Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Montessori of Maui Inc ($383K across 2 grants). Together the top 6 received $468K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 10 grants of 12 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Gift of Good Foundation gives
- In 2024 it paid out 222% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $5K (2022) to $468K (2024). In 2024 it made 7 grants totaling $468K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Montessori of Maui Inc Makawao, HI | Kaimani Classroom Project | $350,000 |
| Float Research Collective Kihei, HI | Maui Calm Project | $41,950 |
| Montessori of Maui Inc Makawao, HI | General & Unrestricted | $33,217 |
| Ahahui Koa Anuenue Honolulu, HI | UH Athletics program | $25,000 |
| Hoffman Institute Foundation San Rafael, CA | General & Unrestricted | $10,000 |
| Basketball Maui Kihei, HI | Charitable Event | $5,000 |
| Maui Family YMCA Kahului, HI | Music Program | $2,500 |
Ready to take the next step with Gift of Good Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $10,605,370 | $7,151,829 | $508,812 | $467,667 | 7 | $485,648 | $136,174 | $218,903 |
| 2023 | $3,962,353 | $2,181,815 | $91,397 | $58,500 | 4 | $81,376 | $61,870 | $101,007 |
| 2022 | $1,871,935 | $-103,337 | $43,891 | $5,000 | 1 | $17,202 | $31,440 | $83,661 |
| 2021 | $2,019,163 | $2,020,082 | $919 | — | — | — | $1,246,139 | — |
Under IRS private-foundation payout rules, Gift of Good Foundation reported a distributable amount of $219K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Gift of Good Foundation is led by Shay Goodfellow, Director & President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Shay Goodfellow
Director & President
On filings since 2021
1 hr/week
No compensation reported
Chad S Goodfellow
Director, Treasurer & Vice President
On filings since 2021
1 hr/week
No compensation reported
Tia Hanchett
Secretary
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Gift of Good Foundation
How much does Gift of Good Foundation give each year?
Gift of Good Foundation gave $468K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $59K across 4 grants.
What is Gift of Good Foundation's typical grant size?
Gift of Good Foundation's median grant in 2024 was $25,000, and its average grant was $66,810, across 7 grants on its 2024 IRS Form 990-PF.
Where does Gift of Good Foundation give grants?
Gift of Good Foundation gives mostly in Hawaii: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Makawao, HI (2 grants) and Kihei, HI (2 grants).
Does Gift of Good Foundation give general operating support?
Yes: 29% of Gift of Good Foundation's 2024 grants with a stated purpose (2 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Gift of Good Foundation's largest grantees?
Gift of Good Foundation's largest 2024 grantees include Montessori of Maui Inc ($383,217 across 2 grants), Float Research Collective ($41,950) and Ahahui Koa Anuenue ($25,000), according to its 2024 IRS Form 990-PF. Together they received 96% of its itemized 2024 grant dollars.
How large is Gift of Good Foundation?
Gift of Good Foundation reported $10.6M in total assets on its 2024 IRS Form 990-PF. It paid out $486K in qualifying distributions that year, against a required minimum of $219K (roughly 5% of its investment assets).
What is Gift of Good Foundation's EIN?
Gift of Good Foundation's EIN (Employer Identification Number) is 87-2310840. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in Gift of Good Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
The Red Cabin Foundation Trust
Wilmington, DE
The Red Cabin Foundation Trust supports charitable organizations in areas including healthcare, cancer research, children’s services, education, water access, and community services, with most of its 2024 giving going to Hawaii and additional grants in North Carolina, Massachusetts, Tennessee, and Virginia. Its 2024 grants ranged from $1,899 to $120,000, with a median of $10,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$10.3M
Grants
21
Total Given
$410K
Saunders Family Charitable Fund
San Francisco, CA
Assets
$2.6M
Grants
7
Total Given
$406K
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Cooke Foundation Limited
Honolulu, HI
The Cooke Foundation supports Hawaiʻi community organizations in arts, culture and humanities, education, the environment, and human services; its FY2027 application round focuses on arts and arts education. Recent grants ranged from $3,150 to $200,000, with a median of $20,000, and all 2025 funding went to Hawaiʻi recipients. It accepts applications for the FY2027 arts and arts education round; its annual grants to five selected institutions are not open for application.
Assets
$16.0M
Grants
56
Total Given
$1.4M
Marin Community Foundation
Novato, CA
Marin Community Foundation funds work in affordable housing and homelessness, community resilience and power, as well as social services, education, arts and conservation, with a focus on marginalized Marin County residents and some broader U.S. and international grantmaking. Its 2025 grants had a median of $25,000, though amounts varied widely. The profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
1,573
Total Given
$186.1M
Fred Baldwin Memorial Foundation
Honolulu, HI
The foundation funds programs and projects in the arts, education, environment, health, and human services that benefit people in Maui County. Recent grants ranged from $3,500 to $18,000, with a median of $5,000; applicants must be 501(c)(3) organizations or use a qualifying fiscal sponsor. It accepts applications through the Hawaiʻi Community Foundation grant portal.
Assets
$5.5M
Grants
45
Total Given
$290K
More similar funders
More Funders in Delaware
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Gift of Good Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Gift of Good Foundation down — hundreds of funders to go?