Goebel Foundation Inc

Private foundation · Grantmaker Hutchinson, MN EIN: 81-4843092

Goebel Foundation Inc is a private foundation, based in Hutchinson, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $107K in total assets. In 2024, it awarded 5 grants totaling $6K. Net investment income was $2K.

Goebel Foundation Inc at a glance

In short: Goebel Foundation Inc gave $6K across 5 grants in 2024 (avg $1K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$5,950
+183.3% vs 2023
Grants made (2024)
5
+150.0% vs 2023
Average grant
$1,190
+13.3% vs 2023
Median grant
$1,000
Total assets
$106,538
+78.4% vs 2023
Primary geography
Minnesota (95% 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 Goebel Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Hutchinson Huskies Baseball Association: $2KHutchinson Huskies BaseballAssociation$2KDollars for Scholars: $2KDollars for Scholars$2KGopher Campfire: $1KGopher Campfire$1KRidgewater College Foundation: $1KRidgewater College Foundation$1KTunnel to Towers Foundation: $300Tunnel to Towers Foundation$300

The largest 2024 recipient was Hutchinson Huskies Baseball Association ($2K). Together the top 5 received $6K.

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 24 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

HutchinsonMinneapolisRosevilleSt CloudSt. LouisMemphisNew YorkRadnorSt. PaulStaten IslandWillmar

How Goebel Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+5%). Method
  • In 2024 it paid out 134% 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

$0$5K$10K$15K3 grants2020 10 grants2021 4 grants2022 2 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $900 (2020) to $14K (2022). In 2024 it made 5 grants totaling $6K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hutchinson Huskies Baseball Association Hutchinson, MNTo Rebuild VMF Grandstand$2,150
Dollars for Scholars Minneapolis, MNEducation of Children$1,500
Gopher Campfire Hutchinson, MNFence Project$1,000
Ridgewater College Foundation Willmar, MNScholarships for Students$1,000
Tunnel to Towers Foundation Staten Island, NYTo support first responders and military families by providing mortgage-free homes.$300
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$106,538$54,110$7,298$5,9505$6,910$2,092$5,142
2023$59,726—$2,120$2,1002$2,120—$2,987
2022$61,846—$15,994$14,1004$15,994—$3,392
2021$77,840$2,127$6,414$5,64710$6,354—$3,896
2020$82,127—$1,675$9003——$4,079

Under IRS private-foundation payout rules, Goebel Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Goebel Foundation Inc is led by Richard Goebel, President since 2021 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Richard Goebel

    President

    Vice President → President, 2021

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Barbara Field

    Vice President

    Secretary → Vice President, 2021

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Matthew Field

    Secretary & Treasurer

    Treasurer → Secretary & Treasurer, 2024

    On filings since 2020

    0.1 hrs/week

    No compensation reported

Former officers (2)
  • Former: Amy Paulson (2021–2023) — Secretary
  • Former: Virgil Goebel (2020) — President

Data from IRS Form 990 filings, 2020–2024. "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 Goebel Foundation Inc

How much does Goebel Foundation Inc give each year?

Goebel Foundation Inc gave $6K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2K across 2 grants.

What is Goebel Foundation Inc's typical grant size?

Goebel Foundation Inc's median grant in 2024 was $1,000, and its average grant was $1,190, across 5 grants on its 2024 IRS Form 990-PF.

Where does Goebel Foundation Inc give grants?

Goebel Foundation Inc gives mostly in Minnesota: 95% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (5%). The most frequent recipient cities were Hutchinson, MN (2 grants).

Does Goebel Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Goebel Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

Who are Goebel Foundation Inc's largest grantees?

Goebel Foundation Inc's largest 2024 grantees include Hutchinson Huskies Baseball Association ($2,150), Dollars for Scholars ($1,500) and Gopher Campfire ($1,000), according to its 2024 IRS Form 990-PF. Together they received 78% of its itemized 2024 grant dollars.

How large is Goebel Foundation Inc?

Goebel Foundation Inc reported $107K in total assets on its 2024 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

What is Goebel Foundation Inc's EIN?

Goebel Foundation Inc's EIN (Employer Identification Number) is 81-4843092. IRS Form 990 filing data is available on this page for 2020–2024.

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

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Goebel Foundation Inc'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.

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