Goodin Company Foundation

Private foundation · Grantmaker Minneapolis, MN EIN: 47-5282143

GOODIN COMPANY FOUNDATION is a private foundation based in Minneapolis, Minnesota. Its 2025 filing lists grants for program support to charitable organizations, with most grant dollars going to recipients in Minnesota.

Key facts about Goodin Company Foundation

In short: Goodin Company Foundation gave $45K across 28 grants in 2025 (avg $2K), mostly in Minnesota. 7% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
47-5282143
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$44,700
Grants made (2025)
28
Average grant
$1,596
Median grant
$875
New grantees (estimate)
7% first-time grantees (2 of 28, 2025)
Total assets
$349,515
Primary geography
Minnesota (91% of itemized 2025 grant dollars)
How to apply
Contact Joel Skagerberg. Full details ↓
Deadline
None.

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$350K

+2.4% YoY

Annual Giving

$45K

-16.8% YoY

Grant Count

28

-22.2% YoY

Avg Grant Size

$2K

+6.9% YoY

Under IRS private-foundation payout rules, Goodin Company Foundation reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

Is Goodin Company Foundation open to new grantees?

7%

first-time grantees, 2025

In 2025, 2 of 28 grantees (7%) were first-time recipients. First grants averaged $600; repeat grants $2K. How we count

Medians: $600 first-time, $1K repeat.

  • 89% of 2025 grantees were also funded in 2024. Method
  • Giving fell 34% from 2022 to 2025. Method
  • In 2025 it paid out 308% 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.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its grants include support for organizations working in areas such as health, veterans and their families, youth education, and fire safety. For example, the Crohn’s & Colitis Foundation describes its mission as finding a cure for Crohn’s disease and ulcerative colitis and improving the quality of life of people affected by those diseases. Magnus Veterans Foundation describes its mission as healing and honoring veterans and their families through community fellowship.

Grantmaking

In filing year 2025, the foundation reported 28 grants totaling $44,700. Grant amounts ranged from $500 to $10,000, with a median of $875. Listed grants include $10,000 to Make a Wish Foundation, $5,000 each to Crohn’s & Colitis Foundation and Magnus Veterans Foundation, and $3,750 to Saint Therese Foundation. The filing identifies these grants as program support.

Review Cycle

None.

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Geographic Focus

Where this funder awards grants

In 2025, 91% of grant dollars went to recipients in Minnesota. The remaining reported shares were Illinois, South Dakota, and Michigan at 2% each, and Virginia at 1%.

Grant Distribution by State

15states

Share of 2025 grant dollars across all 28 itemized grants.

Cities

MinneapolisSt Louis ParkSt. PaulFargoChicagoCrosslakeMaple GroveMaplewoodMerrifieldRosevilleSt FrancisBlaineGolden ValleyPlymouthDaytonSt CloudTauntonWausauAnokaBrooklyn Park

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K27 grants2020 36 grants2021 31 grants2022 36 grants2023 36 grants2024 28 grants2025

From 2020 to 2025, annual grant giving ranged from $45K (2025) to $70K (2023). In 2025 it made 28 grants totaling $45K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Make a Wish Foundation: $10KMake a Wish Foundation$10KCrohn's & Colitis Foundation: $5KCrohn's & Colitis Foundation$5KMagnus Veterans Foundation: $5KMagnus Veterans Foundation$5KSaint Therese Foundation: $4KSaint Therese Foundation$4KBeyond the Yellow Ribbon: $3KBeyond the Yellow Ribbon$3KLutheran Social Service of MN (Camp Knutson): $2KLutheran Social Service of MN(Camp Knutson)$2KMN Special Olympics - MN: $2KMN Special Olympics - MN$2KParkinsons Foundation: $2KParkinsons Foundation$2KALS Foundation: $1KALS Foundation$1KAmerican Heart Association: $1KAmerican Heart Association$1K

The largest 2025 recipient was Make a Wish Foundation ($10K). Together the top 10 received $33K.

Grant Size Distribution

167 grants across all recorded years

167<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 167 grants of 167 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Make a Wish Foundation Minneapolis, MNProgram Support$10,000
Crohn's & Colitis Foundation Roseville, MNProgram Support$5,000
Magnus Veterans Foundation Dayton, MNProgram Support$5,000
Saint Therese Foundation St Louis Park, MNProgram Support$3,750
Beyond the Yellow Ribbon Maple Grove, MNProgram Support$3,000
Lutheran Social Service of MN (Camp Knutson) Crosslake, MNProgram Support$1,500
MN Special Olympics - MN Minneapolis, MNProgram Support$1,500
Parkinsons Foundation Golden Valley, MNProgram Support$1,500
ALS Foundation Minneapolis, MNProgram Support$1,000
American Heart Association Chicago, ILProgram Support$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2025 $44,700 28
2024 $53,750 36
2023 $69,800 36
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$349,515$341,234$296,157
Revenue$57,374$103,677$100,000
Expenses$49,093$58,600$72,845
Qualifying Distributions$49,051$58,500$72,345
Net Investment Income$7,374$3,052—
Distributable Amount$15,924$13,733$12,018

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 6, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 12, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 10, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Zachary A. Skagerberg as director and president; Joel A. Skagerberg as director and vice president; Michael J. Grunklee as director and treasurer; Keri A. Hanson as director and secretary; and Gregory D. Skagerberg as director through February 2025.

Goodin Company Foundation is led by Zachary A. Skagerberg, Director & President on the 2025 filing; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Zachary A. Skagerberg

    Director & President

    New on the 2025 filing

    0.3 hrs/week

    No compensation reported

  • Gregory D. Skagerberg

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Joel A. Skagerberg

    Director & Vice President

    Director & President → Director & Vice President, 2025

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Keri A. Hanson

    Director & Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Michael J. Grunklee

    Director & Treasurer

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Steven J. Kelly (2020–2024) — Director & Vice President

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.

Contact

Application contact: Joel Skagerberg
Mailing address: 2700 North Second Street, Minneapolis, MN 55411
Phone: (612) 287-1124
Email: joel.skagerberg@goodinco.com

Frequently asked questions about Goodin Company Foundation

How much does Goodin Company Foundation give each year?

Goodin Company Foundation gave $45K across 28 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $54K across 36 grants.

What is Goodin Company Foundation's typical grant size?

Goodin Company Foundation's median grant in 2025 was $875, and its average grant was $1,596, across 28 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Goodin Company Foundation that year got $600 on average.

Where does Goodin Company Foundation give grants?

Goodin Company Foundation gives mostly in Minnesota: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Minneapolis, MN (7 grants) and St Louis Park, MN (2 grants).

Does Goodin Company Foundation give general operating support?

Not in 2025: none of the 28 grants with a stated purpose on Goodin Company Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (27 grants).

Who are Goodin Company Foundation's largest grantees?

Goodin Company Foundation's largest 2025 grantees include Make a Wish Foundation ($10,000), Crohn's & Colitis Foundation ($5,000) and Magnus Veterans Foundation ($5,000), according to its 2025 IRS Form 990-PF. Together they received 45% of its itemized 2025 grant dollars.

How large is Goodin Company Foundation?

Goodin Company Foundation reported $350K in total assets on its 2025 IRS Form 990-PF. It paid out $49K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

What does Goodin Company Foundation fund?

No mission statement for the foundation is provided. Its grants include support for organizations working in areas such as health, veterans and their families, youth education, and fire safety. See mission & focus areas ↑

How do I apply for a grant from Goodin Company Foundation?

Contact Joel Skagerberg. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2020–2025.

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

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