Goodwin Foundation Inc

Public charity · Grantmaker East Hartford, CT EIN: 06-1599388

The Goodwin Foundation supports the mission of goodwin university to extend educational opportunities to underserved populations by fundraising for scholarships and other initiatives. With the guidance of an independent board of directors, the foundation identifies key strategic fundraising goals and cultivates donors through major giving, annual fund, and alumni giving campaigns.through a coordinated plan of institutional giving and scholarships, the foundation supports educational access for a wide range of students, including the over half of goodwin students who are first generation college students. The foundation seeks to support those students who have both an acute financial need, and have demonstrated the desire to achieve academic success.funds raised by the foundation also support specific initiatives targeted at closing the educational achievement gap, including the men of vision in education (MOVE) and women invested in seeking education (WISE).

Key facts about Goodwin Foundation Inc

In short: Goodwin Foundation Inc gave $1.9M across 1 grant in 2025 (avg $1.9M), mostly in Connecticut. Source: 2025 IRS Form 990.

EIN
06-1599388
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,932,379
Grants made (2025)
1
Average grant
$1,932,379
Median grant
$1,932,379
Total assets
$19,129,937
Primary geography
Connecticut (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$19.1M

+13.2% YoY

Annual Giving

$1.9M

+98.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.9M

+98.6% YoY

About Goodwin Foundation Inc

Based on IRS filings

Goodwin Foundation Inc is a public charity focused on Education, based in East Hartford, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $19.1M in total assets. In 2025, it awarded 1 grant totaling $1.9M. Net investment income was $1.7M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

East Hartford

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M0 grants2019 0 grants2021 0 grants2022 1 grant2023 1 grant2024 1 grant2025

From 2023 to 2025, annual grant giving ranged from $566K (2023) to $1.9M (2025). In 2025 it made 1 grant totaling $1.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Goodwin University: $1.9MGoodwin University$1.9M

The largest 2025 recipient was Goodwin University ($1.9M).

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K$250–500K2$500K–1M1$1–5M$5M+

The most common grant size was in the $500K–1M range: 2 grants of 3 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Goodwin University East Hartford, CTGeneral Support$1,932,379

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2019 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$19,129,937$16,901,577$14,992,599
Revenue$2,365,063$1,728,747$2,727,211
Expenses$2,524,094$1,351,769$834,920
Net Investment Income$1,679,307$1,112,440$412,870

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS May 3, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
  4. Added Form 990 for fiscal year 2019 (received by the IRS June 9, 2020)

Leadership & Key People

Officers and directors from IRS filings

Goodwin Foundation Inc is led by Foxman Dr Ethan, President on every filing since 2019; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Foxman Dr Ethan

    President

    On filings since 2019

    0.7 hrs/week

    No compensation reported

  • Scheinberg Mark E.

    Director & President

    Ex-Officio Director → Director & President, 2021

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Meyer Jr Edwin

    Director, CFO & Vice President Finance

    Director & Vice President of Finance → Director & CFO, 2022

    Director & CFO → Director, CFO & Vice President Finance, 2025

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Resnick Judith

    Director

    Trustee → Director, 2021

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Housley Lee

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Kaplan Ted

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Louden Molly

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Maffee Jay

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Andrews Todd

    Director & Senior Vice President

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Margnelli Jay

    Director

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Shechtman Richard

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Shea Martin K.

    Secretary & Treasurer

    Secretary → Secretary & Treasurer, 2021

    On filings since 2019

    0.5 hrs/week

    No compensation reported

Former officers (11)
  • Former: Agreda J. Charles (2019–2022) — Outgoing Director
  • Former: McCarty Richard (2019–2022) — Outgoing Director & Vice President Advancement
  • Former: Zuvic Marici (2021–2022) — Outgoing Director
  • Former: Schectman Richard (2022) — Director
  • Former: Collins Frank (2019–2021) — Outgoing Director
  • Former: Wishnafski Diane (2021) — Outgoing Treasurer
  • Former: Fisher Louise (2019) — Trustee
  • Former: Housley Lee Anne (2019) — Trustee
  • Former: Johnson-Davis Sara (2019) — Trustee
  • Former: Penders Brooke (2019) — Outgoing Ex-Officio Director
  • Former: Wishnafski Diane L. (2019) — Treasurer

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Goodwin Foundation Inc

How much does Goodwin Foundation Inc give each year?

Goodwin Foundation Inc gave $1.9M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $973K across 1 grant.

How large is Goodwin Foundation Inc?

Goodwin Foundation Inc reported $19.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.4M.

What is Goodwin Foundation Inc?

Goodwin Foundation Inc is a public charity focused on Education, based in East Hartford, CT. It holds $19.1M in total assets as of 2025.

Where does Goodwin Foundation Inc operate?

Goodwin Foundation Inc has awarded grants in Connecticut.

What is Goodwin Foundation Inc's EIN?

Goodwin Foundation Inc's EIN (Employer Identification Number) is 06-1599388. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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