Goodin Company Foundation
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.
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
Share of 2025 grant dollars across all 28 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 167 grants of 167 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Make a Wish Foundation Minneapolis, MN | Program Support | $10,000 |
| Crohn's & Colitis Foundation Roseville, MN | Program Support | $5,000 |
| Magnus Veterans Foundation Dayton, MN | Program Support | $5,000 |
| Saint Therese Foundation St Louis Park, MN | Program Support | $3,750 |
| Beyond the Yellow Ribbon Maple Grove, MN | Program Support | $3,000 |
| Lutheran Social Service of MN (Camp Knutson) Crosslake, MN | Program Support | $1,500 |
| MN Special Olympics - MN Minneapolis, MN | Program Support | $1,500 |
| Parkinsons Foundation Golden Valley, MN | Program Support | $1,500 |
| ALS Foundation Minneapolis, MN | Program Support | $1,000 |
| American Heart Association Chicago, IL | Program 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 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 12, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 10, 2026)
- 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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