Good News Charitable Foundation

Private foundation · Grantmaker Perris, CA EIN: 33-0746809

Good News Charitable Foundation is a private foundation based in Perris, California. Its 2025 filing reports grants to charitable organizations for purposes including religious youth support, family assistance, medical research, and medical support.

Good News Charitable Foundation at a glance

In short: Good News Charitable Foundation gave $35K across 13 grants in 2025 (avg $3K), mostly in California. 33% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$34,575
-44.9% vs 2024
Grants made (2025)
13
-13.3% vs 2024
Average grant
$2,660
-36.4% vs 2024
Median grant
$250
Total assets
$120,935
-23.3% vs 2024
New grantees (estimate)
33% first-time grantees (4 of 12, 2025; small sample)
Primary geography
California (94% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Good News Charitable Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: 342 W Perry St, Perris, CA 92571
Phone: (909) 357-8295

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Good News Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Teen Blaze: $29KTeen Blaze$29KWorld Vision: $1KWorld Vision$1KHome Aid: $1KHome Aid$1KTunnel to Towers: $1KTunnel to Towers$1KSt Jude Children's Research Hospita: $850St Jude Children's ResearchHospita$850Alzheimers Research: $700Alzheimers Research$700International Fellowship: $250International Fellowship$250City of Hope Cancer Center: $200City of Hope Cancer Center$200Mercy Ships: $200Mercy Ships$200Ronald McDonald House: $200Ronald McDonald House$200

The largest 2025 recipient was Teen Blaze ($29K). Together the top 10 received $34K.

Grant Size Distribution

52 grants across all recorded years

48<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 48 grants of 52 (92%).

Geographic Focus

Where this funder awards grants

The 2025 grant dollars went primarily to recipients in California (94%). The filing also reports shares for New York (3%), Minnesota (2%), Illinois (1%), and Texas (1%).

Grant Distribution by State

11states

Share of 2025 grant dollars across all 13 itemized grants.

Cities

RiversideLoma LindaStaten IslandChicagoGarden ValleySan BernardinoSan FransiscoIrvineLos AngelesPuebloSaint PaulTacomaWashingtonAcampoBrightonCoronaDunkirkFontanaFullertonJacksonville

Is Good News Charitable Foundation open to new grantees?

33%

first-time grantees, 2025

In 2025, 4 of 12 grantees (33%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $325; repeat grants $4K. How we count

Medians: $125 first-time, $475 repeat.

  • 67% of 2025 grantees were also funded in 2024. Method
  • Giving fell 55% from 2022 to 2025. Method
  • In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K11 grants2020 14 grants2021 6 grants2022 4 grants2023 15 grants2024 13 grants2025

From 2020 to 2025, annual grant giving ranged from $35K (2025) to $76K (2022). In 2025 it made 13 grants totaling $35K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Teen Blaze Riverside, CASupport Religious Youth Center$28,775
World Vision Riverside, CAProvide Support for Families$1,200
Home Aid Riverside, CAProvide Support for Families$1,000
Tunnel to Towers Staten Island, NYMortgage Support for Americans$1,000
St Jude Children's Research Hospita San Fransisco, CAMedical Research$850
Alzheimers Research Saint Paul, MNMedical Research$700
International Fellowship Chicago, ILSupport International Study$250
City of Hope Cancer Center Irvine, CAMedical Research$200
Mercy Ships Garden Valley, TXMedical Support$200
Ronald McDonald House Loma Linda, CAProvide Support for Families$200
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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
2025$120,935$8,069$44,671$34,57513$34,575$1,680$31,471
2024$157,615$82,032$69,860$62,70115$62,701$3,126$27,239
2023$100,964$47,077$72,858$65,2764$65,276$2,474$28,016
2022$116,189$61,795$82,637$76,4766$76,476$843$25,067
2021$137,032$67,020$82,991$75,81714$75,817$352$35,398
2020$300,461$51,316$75,410$74,78511—$9,323$29,101

Under IRS private-foundation payout rules, Good News Charitable Foundation reported a distributable amount of $31K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement is provided. The 2025 grants list includes support for a religious youth center, families, medical research, medical support, veterans, and international study.

Grantmaking

In filing year 2025, the foundation reported 13 grants totaling $34,575. Grant amounts ranged from $50 to $28,775, with a median of $250. The largest listed grants were $28,775 to TEEN BLAZE for support of a religious youth center, $1,200 to WORLD VISION for family support, and $1,000 each to HOME AID for family support and TUNNEL TO TOWERS for mortgage support for Americans.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists MELTON L BACON as director, president, and treasurer, and KATHERINE L BACON as director, vice president, and secretary.

Good News Charitable Foundation is led by Melton L. Bacon, Director, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Melton L. Bacon

    Director, President & Treasurer

    On filings since 2020

    No compensation reported

  • Katherine L. Bacon

    Director, Vice President & Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Good News Charitable Foundation

How much does Good News Charitable Foundation give each year?

Good News Charitable Foundation gave $35K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $63K across 15 grants.

What is Good News Charitable Foundation's typical grant size?

Good News Charitable Foundation's median grant in 2025 was $250, and its average grant was $2,660, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Good News Charitable Foundation that year got $325 on average.

Where does Good News Charitable Foundation give grants?

Good News Charitable Foundation gives mostly in California: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Riverside, CA (4 grants).

Does Good News Charitable Foundation give general operating support?

Not in 2025: none of the 13 grants with a stated purpose on Good News Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Provide Support for Families" (4 grants) and "Medical Research" (3 grants).

Who are Good News Charitable Foundation's largest grantees?

Good News Charitable Foundation's largest 2025 grantees include Teen Blaze ($28,775), World Vision ($1,200) and Home Aid ($1,000), according to its 2025 IRS Form 990-PF. Together they received 90% of its itemized 2025 grant dollars.

How large is Good News Charitable Foundation?

Good News Charitable Foundation reported $121K in total assets on its 2025 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $31K (roughly 5% of its investment assets).

What does Good News Charitable Foundation fund?

No mission statement is provided. The 2025 grants list includes support for a religious youth center, families, medical research, medical support, veterans, and international study. See mission & focus areas ↑

How do I apply for a grant from Good News Charitable Foundation?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Good News Charitable Foundation's EIN?

Good News Charitable Foundation's EIN (Employer Identification Number) is 33-0746809. IRS Form 990 filing data is available on this page for 2020–2025.

Does Good News Charitable Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2023)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 7, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)

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

Figures come from Good News Charitable 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.

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