Godbold Foundation Inc is a private foundation established in 1997 and based in Tierra Verde, Florida. The foundation is designated as a 501(c)(3) organization and operates as a family foundation focused on educational philanthropy, particularly scholarship support for high-achieving students with financial need.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.9M
+4.3% YoY
Annual Giving
$733K
+44.1% YoY
Grant Count
34
+0.0% YoY
Avg Grant Size
$22K
+44.1% YoY
Mission & Focus Areas
The foundation's primary focus is education, with a specific emphasis on scholarships for high-achieving, low-income high school seniors. The foundation administers the Sunshine Opportunity Scholarships program, which provides awards of up to $25,000 total over four years to eligible students.
Funding priorities include:
- Education nonprofits and educational foundations
- Universities and colleges
- Youth development programs
- Community service clubs
- Scholarship administration and student support programs
Grantmaking
The foundation seeks applications from:
Average Grant
amount: Varies significantly
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Geographic Focus
Where this funder awards grants
The foundation funds primarily in:
- Florida: Tampa Bay area and specified Florida counties
- North Carolina: Specific named communities
- South Carolina: Specific named communities
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $6,924,367
- Total revenues: $1,074,921
- Total expenses: $789,848
- Total liabilities: $0
- Investment income and dividends: $95,106
- Grants and contributions received: $393,925
Tax-Exempt Status: Tax-exempt since May 2019 (EIN: 59-3455170)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,924,367 | $6,639,294 | $7,042,075 |
| Revenue | $1,074,921 | $152,177 | $19,744 |
| Expenses | $789,848 | $554,958 | $718,044 |
| Qualifying Distributions | $772,944 | $544,846 | $689,862 |
| Net Investment Income | $679,538 | $149,868 | $496,254 |
| Distributable Amount | $431,971 | $384,965 | $388,627 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members:
- Francis S. "Bo" Godbold – President, Treasurer
- John Godbold – Vice President
- Laura Blair – Vice President
- Elizabeth H. Godbold – Secretary
All board members serve without compensation.
Founder Background: Francis S. "Bo" Godbold is an investment banker and security firm executive with a background at Raymond James Financial, Inc. He is a Harvard University graduate and Georgia Tech alumnus with extensive involvement in civic and educational organizations, including service on the Georgia Tech Foundation board and as a trustee of the Georgia Tech Alumni Association.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Francis Godbold | President | 2 | — |
| John Godbold | Vice Pres | 1 | — |
| Laura Blair | Vice Pres | 1 | — |
| Elizabeth Godbold | Secretary | 2 | — |
| Francis Godbold | Treasurer | 2 | — |
Contact Information
Address: 1625 Oceanview Drive Tierra Verde, FL 33715
Telephone: 727-567-5003
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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