Goodin Company Foundation

MINNEAPOLIS, MN EIN: 47-5282143

Goodin Company Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $341K in total assets. In 2024, it awarded 36 grants totaling $54K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$341K

+15.2% YoY

Annual Giving

$54K

-23.0% YoY

Grant Count

36

+0.0% YoY

Avg Grant Size

$1K

-23.0% YoY

Under IRS private-foundation payout rules, Goodin Company Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Goodin Company Foundation

Based on IRS filings

Goodin Company Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $341K in total assets. In 2024, it awarded 36 grants totaling $54K. Net investment income was $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

AndoverAnokaBaton RougeBethesdaBlaineBrooklyn ParkChicagoCoon RapidsCrosslakeDaytonDeerfieldDexterFargoFridleyGolden ValleyGrand ForksGranite FallsHarmonyHastingsInver Grove Heights

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$29K$57K$86K$114K20202021202220232024
Metric202420232022
Total Assets$341,234$296,157$269,002
Revenue$103,677$100,000$101,000
Expenses$58,600$72,845$70,135
Qualifying Distributions$58,500$72,345$69,935
Net Investment Income$3,052
Distributable Amount$13,733$12,018$10,208

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$35K$52K$70K27 grants202036 grants202131 grants202236 grants202336 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAKE A WISH FOUNDATION$10KCROHN'S & COLITIS FOUNDA…$5KMAGNUS VETERANS FOUNDATION$5KSAINT THERESE FOUNDATION$4KBEYOND THE YELLOW RIBBON$3KEMPLOYEE ASSISTANCE FOUN…$2KPARKINSONS FOUNDATION$2KLUTHERAN SOCIAL SERVICE …$2KMN SPECIAL OLYMPICS - MN$2KWOUNDED WARRIOR PROJECT$2K

Grant Size Distribution

166 grants across all recorded years

166<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Make a Wish Foundation ($10,000), Crohn's & Colitis Foundation ($5,000), Magnus Veterans Foundation ($5,000).

RecipientPurposeAmount
AGAPE CHILD DEVELOPMENT CENTER MINNEAPOLIS, MNPROGRAM SUPPORT$1,000
ALS ASSOCIATION MINNEAPOLIS, MNPROGRAM SUPPORT$500
ALZHEIMERS ASSOCIATION MINNEAPOLIS, MNPROGRAM SUPPORT$500
AMERICAN CANCER SOCIETY MINNEAPOLIS, MNPROGRAM SUPPORT$500
AMERICAN DIABETES ASSOCIATION MERRIFIELD, VAPROGRAM SUPPORT$500
AMERICAN HEART ASSOCIATION CHICAGO, ILPROGRAM SUPPORT$1,000
BEYOND THE YELLOW RIBBON MAPLE GROVE, MNPROGRAM SUPPORT$3,000
BEYOND VISION INC WEST ALLIS, WIPROGRAM SUPPORT$1,000
COURAGE KENNY FOUNDATION MINNEAPOLIS, MNPROGRAM SUPPORT$500
CROHN'S & COLITIS FOUNDATION ROSEVILLE, MNPROGRAM SUPPORT$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOEL A SKAGERBERGDIRECTOR AND PRESIDENT0.75
STEVEN J KELLYDIRECTOR AND VICE PRESIDENT0.25
KERI A HANSONDIRECTOR AND SECRETARY0.5
MICHAEL J GRUNKLEEDIRECTOR AND TREASURER0.5
GREGORY D SKAGERBERGDIRECTOR0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Goodin Company Foundation?

Goodin Company Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. It holds $341K in total assets as of 2024.

How large is Goodin Company Foundation?

As of 2024, Goodin Company Foundation holds $341K in total assets with $104K in annual revenue. It awarded 36 grants totaling $54K in 2024.

Where does Goodin Company Foundation operate?

Goodin Company Foundation has awarded grants in Illinois, Kansas, Louisiana, Massachusetts, Maryland, Minnesota, North Dakota, New Jersey, New York, Pennsylvania, South Dakota, Virginia, Washington, Wisconsin.

What size grants does Goodin Company Foundation award?

In 2024, Goodin Company Foundation awarded 36 grants totaling $54K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Goodin Company Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Goodin Company Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Goodin Company Foundation's EIN?

Goodin Company Foundation's EIN (Employer Identification Number) is 47-5282143. IRS Form 990 filing data is available on this page for 2020–2024.

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

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