GoodForce Foundation
GoodForce Foundation is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $810K in total assets. In 2024, it awarded 2 grants totaling $41K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$810K
-3.0% YoY
Annual Giving
$41K
+52.8% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$21K
+129.2% YoY
Under IRS private-foundation payout rules, GoodForce Foundation reported a distributable amount of $66K for 2024 — the minimum it must pay out in qualifying distributions.
About GoodForce Foundation
Based on IRS filings
GoodForce Foundation is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $810K in total assets. In 2024, it awarded 2 grants totaling $41K. Net investment income was $33K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $810,105 | $834,874 | $877,278 |
| Revenue | $17,772 | $70 | $22 |
| Expenses | $47,324 | $42,474 | $40,703 |
| Qualifying Distributions | $47,324 | $42,474 | $40,553 |
| Net Investment Income | $32,605 | $70 | — |
| Distributable Amount | $65,606 | $47,242 | $42,660 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fidelity Investments Charitable Gift Fund ($40,900), Augies Quest to Cure Als Inc ($501).
| Recipient | Purpose | Amount |
|---|---|---|
| AUGIES QUEST TO CURE ALS INC DENVER, CO | General & Unrestricted | $501 |
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND CINCINNATI, OH | GOODFORCE FOUNDATION DONOR ADVISOR FUND | $40,900 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Balaji Janakiraman Iyer | Dir, Pres, Treas | 1 | — |
| Megha Iyer | Sec | 1 | — |
| Panna Iyer | Dir, VP | 1 | — |
Frequently Asked Questions
How large is GoodForce Foundation?
As of 2024, GoodForce Foundation holds $810K in total assets with $18K in annual revenue. It awarded 2 grants totaling $41K in 2024.
Where does GoodForce Foundation operate?
GoodForce Foundation has awarded grants in Colorado, New Jersey, Ohio.
What size grants does GoodForce Foundation award?
In 2024, GoodForce Foundation awarded 2 grants totaling $41K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is GoodForce Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, GoodForce Foundation reported a distributable amount of $66K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is GoodForce Foundation's EIN?
GoodForce Foundation's EIN (Employer Identification Number) is 85-2801097. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in GoodForce Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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