Leo Goodwin Foundation Inc
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
26
-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.
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
Cities
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
| 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
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 CountyContact 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.
What is Leo Goodwin Foundation Inc's EIN?
Leo Goodwin Foundation Inc's EIN (Employer Identification Number) is 52-6054098. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Leo Goodwin Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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