Gift of Good Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.6M
+167.7% YoY
Annual Giving
$468K
+699.4% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$67K
+356.8% YoY
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.
About Gift of Good Foundation
Based on IRS filings
Gift of Good Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,605,370 | $3,962,353 | $1,871,935 |
| Revenue | $7,151,829 | $2,181,815 | $-103,337 |
| Expenses | $508,812 | $91,397 | $43,891 |
| Qualifying Distributions | $485,648 | $81,376 | $17,202 |
| Net Investment Income | $136,174 | $61,870 | $31,440 |
| Distributable Amount | $218,903 | $101,007 | $83,661 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Montessori of Maui Inc ($350,000), Float Research Collective ($41,950), Montessori of Maui Inc ($33,217).
| Recipient | Purpose | Amount |
|---|---|---|
| AHAHUI KOA ANUENUE HONOLULU, HI | UH Athletics program | $25,000 |
| BASKETBALL MAUI KIHEI, HI | Charitable Event | $5,000 |
| FLOAT RESEARCH COLLECTIVE KIHEI, HI | Maui Calm Project | $41,950 |
| HOFFMAN INSTITUTE FOUNDATION SAN RAFAEL, CA | General & Unrestricted | $10,000 |
| MAUI FAMILY YMCA KAHULUI, HI | Music Program | $2,500 |
| MONTESSORI OF MAUI INC MAKAWAO, HI | Kaimani Classroom Project | $350,000 |
| MONTESSORI OF MAUI INC MAKAWAO, HI | General & Unrestricted | $33,217 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Chad S Goodfellow | Dir, Treas, VP | 1 | — |
| Shay Goodfellow | Dir, Pres | 1 | — |
| Tia Hanchett | Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gift of Good Foundation?
Gift of Good Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $10.6M in total assets as of 2024.
How large is Gift of Good Foundation?
As of 2024, Gift of Good Foundation holds $10.6M in total assets with $7.2M in annual revenue. It awarded 7 grants totaling $468K in 2024.
Where does Gift of Good Foundation operate?
Gift of Good Foundation has awarded grants in California, Hawaii.
What size grants does Gift of Good Foundation award?
In 2024, Gift of Good Foundation awarded 7 grants totaling $468K — an average of about $67K per grant, based on its IRS Form 990 filings.
How much is Gift of Good Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gift of Good Foundation reported a distributable amount of $219K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Gift of Good Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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