Leo Goodwin Foundation Inc

DANIA, FL EIN: 52-6054098 Website

The Leo Goodwin Foundation is a private foundation located in Dania, Florida, founded in 1953 by Leo Goodwin Sr., the founder of GEICO. The Foundation operates as a 501(c)(3) charitable organization dedicated to improving community life through strategic philanthropic giving. The organization supports a diverse spectrum of nonprofits and causes across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.0M

-4.3% YoY

Annual Giving

$345K

+14.8% YoY

Grant Count

-7.1% YoY

Avg Grant Size

$13K

+23.6% YoY

Under IRS private-foundation payout rules, Leo Goodwin Foundation Inc reported a distributable amount of $666K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

Mission Statement: "By doing good we all win."

The Foundation's mission is rooted in Leo Goodwin Sr.'s belief that every person should enjoy a quality of life built around good physical, mental, and emotional health. The organization exists to improve the lives of those who are most vulnerable and to champion future generations through education and life skills.

Primary Funding Areas:

Education
Healthcare
The Arts
Mental Health
Homelessness
Domestic Abuse
Human Services
Philanthropy and Voluntarism

Grantmaking

The Foundation made 22 grants in 2024, with total giving of $344,600. Typical grant awards range from $1,500 to $63,000.

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Geographic Focus

Where this funder awards grants

The Foundation primarily funds charitable organizations in Florida and New York, with a particular emphasis on the Broward County area.

Grant Distribution by State

Florida $1.6M (99%)

New York $15K (1%)

States

Florida New York

Cities

Bay HarborBoynton BeachCoconut CreekDavieFort LauderdaleGainesvilleLauderdale LakesLauderhillMargateNew YorkOakland ParkSunriseWest Palm BeachWilton Manors

Financial History

Multi-year comparison from IRS filings

As of 2024:

Total Assets: $9,970,077
Total Revenues: $511,675
Total Expenses: $976,539
Total Giving: $344,600

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$9,970,077	$10,422,505	$10,659,286
Revenue	$511,675	$689,073	$799,663
Expenses	$976,539	$919,749	$951,380
Qualifying Distributions	$589,565	$543,926	$580,349
Net Investment Income	$176,695	$402,204	$486,559
Distributable Amount	$666,322	$603,014	$616,184

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

121 grants across all recorded years

Open Grants

1 open opportunity from Leo Goodwin Foundation Inc

Foundation

Leo Goodwin Foundation Grant

LEO GOODWIN FOUNDATION INC

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boys and Girls Clubs of Broward ($63,000), Broward Partnership for the Homeles ($57,500), Museum of Discovery Science ($40,000).

Recipient	Purpose	Amount
Boys and Girls Clubs of Broward Fort Lauderdale, FL	Charitable	$63,000
Broward 2-1-1 Oakland Park, FL	Charitable	$5,000
Broward Performing Arts Foundation Fort Lauderdale, FL	Charitable	$20,000
Broward Partnership for the Homeles Fort Lauderdale, FL	Charitable	$57,500
Children's Diagnostic and Treatment Fort Lauderdale, FL	Charitable	$5,000
Community Foundation of Broward Fort Lauderdale, FL	Charitable	$21,100
Henderson Mental Health Center Lauderdale Lakes, FL	Charitable	$10,000
Junior Achievement of S Florida Coconut Creek, FL	Charitable	$5,000
Kids In Distress Inc Wilton Manors, FL	Charitable	$15,000
Lighthouse for the Blind Fort Lauderdale, FL	Charitable	$3,500

Leadership & Key People

Leadership team and compensation from IRS filings

Key Personnel:

Elliot P Borkson, Vice President ($150,000 compensation as of 2024)
Angelica Barrero, Bookkeeper ($63,000 compensation as of 2023)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Elliot P Borkson	Vice President	20	$150,000
Alan J Goldberg	President	20	$150,000

Recent News & Activity

Recent developments and announcements

The Foundation has been recognized for significant community impact, including the unveiling of the Leo Goodwin Foundation Outreach Center in partnership with Women In Distress. The Foundation continues to serve as a leading champion of causes that touch thousands of lives annually through charitable donations, scholarships, and grants to organizations addressing education, healthcare, the arts, mental health, homelessness, domestic abuse, and other community needs.

MODS Received Leadership Gift from the Leo Goodwin Foundation | Broward County

Contact Information

Address: 2800 West State Road 84, Suite 118 Dania, FL 33312

Phone: 954.772.6863

Fax: 954.491.2051

Email: good@leogoodwinfoundation.org

Website: leogoodwinfoundation.org

Frequently Asked Questions

What does Leo Goodwin Foundation Inc fund?

**Mission Statement:** "By doing good we all win." The Foundation's mission is rooted in Leo Goodwin Sr.'s belief that every person should enjoy a quality of life built around good physical, mental, and emotional health. The organization exists to improve the lives of those who are most vulnerable and to champion future generations through education and life skills. **Primary Funding Areas:** • Education • Healthcare • The Arts • Mental Health • Homelessness • Domestic Abuse • Human Services • …

How do I apply for a grant from Leo Goodwin Foundation Inc?

**Grant Activity:** The Foundation made 22 grants in 2024, with total giving of $344,600. Typical grant awards range from $1,500 to $63,000. **Recent Grants (2024):** • Boys and Girls Clubs of Broward County: $63,000 • Museum of Discovery and Science: $40,000 • Community Foundation of Broward: $21,100 **Notable Grantees:** The Foundation has supported over 40 organizations, including: • Boys & Girls Clubs of Broward County (Leo Goodwin Teen Center) • PACE Center for Girls (Leo Goodwin Campus) •…

Where does Leo Goodwin Foundation Inc make grants?

The Foundation primarily funds charitable organizations in Florida and New York, with a particular emphasis on the Broward County area.

What size grants does Leo Goodwin Foundation Inc award?

In 2024, Leo Goodwin Foundation Inc awarded 26 grants totaling $345K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Leo Goodwin Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Leo Goodwin Foundation Inc reported a distributable amount of $666K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.