Good News Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT NEWS, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 1 grants totaling $180K. Net investment income was $366K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+4.4% YoY
Annual Giving
$180K
-18.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$180K
-18.2% YoY
About Good News Foundation
Based on IRS filings
Good News Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT NEWS, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 1 grants totaling $180K. Net investment income was $366K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,279,525 | $4,098,781 | $4,077,208 |
| Revenue | $367,346 | $248,197 | $267,994 |
| Expenses | $186,602 | $226,624 | $263,323 |
| Qualifying Distributions | $181,254 | $220,975 | $255,963 |
| Net Investment Income | $366,092 | $247,222 | $267,032 |
| Distributable Amount | $232,998 | $213,809 | $222,562 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C DWIGHT WEST III | PRESIDENT/SECRETARY/TREAS | — | — |
| ROBERT W CROWE | DIRECTOR | — | — |
| JONATHAN WEST | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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