Good Words Foundation logo

Good Words Foundation

WASHINGTON, DC EIN: 82-5368680 Website

Good Words Foundation is a private grantmaking foundation based in Washington, DC. Established in 2019, it operates as a 501(c)(3) organization focused on philanthropic giving across multiple sectors and geographic regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18.5M

-1.2% YoY

Annual Giving

$945K

-18.2% YoY

Grant Count

19

+5.6% YoY

Avg Grant Size

$50K

-22.5% YoY

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

Mission & Focus Areas

The foundation's primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation indicates it "only makes contributions to preselected charitable organizations and does not accept unsolicited applications for funds."

Grant Range

$25,000

How to Apply

**

Ready to take the next step with Good Words Foundation?

Geographic Focus

Where this funder awards grants

The foundation funds projects across multiple U.S. states and cities, including:

  • California
  • District of Columbia
  • Florida
  • Massachusetts
  • New York
  • Pennsylvania
  • Texas
  • Virginia

Specific cities mentioned include Austin, Boston, and New York.

Grant Distribution by State

12states
+4 more states

Cities

AustinBostonBronxBrooklynCharlottesvilleEl CampoEl PasoHarrisburgHolmesLincolnLos AngelesMadridMonmouth JunctionNew YorkNew York CityNorwoodNw WashingtonOmahaPhiladelphiaPortland

Financial History

Multi-year comparison from IRS filings

As of 2023 (most recent complete year):

  • Total Assets: $18,760,050
  • Total Revenue: $625,246
  • Total Expenses: $1,219,755
  • Total Liabilities: $0

Revenue Composition (2023):

  • Investment income and dividends: $673,319
  • Net gain from sale of non-inventory assets: -$41,917
  • Miscellaneous revenues: -$6,156

As of 2024:

  • Total Assets: $18,529,948
  • Total Giving: $945,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$402K$804K$1M$2M20202021202220232024
Metric202420232022
Total Assets$18,529,948$18,760,050$19,354,559
Revenue$827,016$625,246$1,461,128
Expenses$1,057,118$1,219,755$1,083,332
Qualifying Distributions$953,762$1,165,414$1,057,533
Net Investment Income$725,336$623,083$1,458,987
Distributable Amount$1,104,784$1,009,961$991,022

Giving Over Time

Total grant dollars and number of grants per year

$0$292K$583K$875K$1M24 grants202023 grants202129 grants202218 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NEBRASKA JOURNALISM TRUST$150KCAPITAL B NEWS INC$125KTHE 19TH NEWS$125KCIVIC NEWS COMPANY$100KSPOTLIGHT PA$100KMADRID EDUCATIONAL ENDOW…$75KGEORGETOWN PRESBYTERIAN …$60KRESOLVE PHILLY$50KUNIVERSITY OF VIRGINIA$50KAMALGAMATED FOUNDATION$25K

Grant Size Distribution

113 grants across all recorded years

61<$50K22$50–100K30$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by a volunteer leadership team with no paid staff:

  • Erin Collier – President (3 hours/week, $0 compensation)
  • Kent Collier – Secretary/Treasurer (3 hours/week, $0 compensation)
  • Kristi Kleinschmit – Director (3 hours/week, $0 compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ERIN COLLIERPRESIDENT3
KENT COLLIERSECRETARY/TREASURER3
KRISTI KLEINSCHMITDIRECTOR3

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with Good Words Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities