Melvin R Goodes Family Foundation
The Melvin R Goodes Family Foundation is a private foundation based in Palm Beach, Florida. It operates as a 501(c)(3) exempt organization with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-14.2% YoY
Annual Giving
$512K
-13.5% YoY
Grant Count
30
-11.8% YoY
Avg Grant Size
$17K
-2.0% YoY
Under IRS private-foundation payout rules, Melvin R Goodes Family Foundation reported a distributable amount of $84K for 2024 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
The foundation is located in and operates from Palm Beach, Florida.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2023):
- Total Assets: $1,733,875
- Total Giving: $591,500
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,487,327 | $1,733,875 | $1,867,705 |
| Revenue | $270,858 | $469,690 | $613,384 |
| Expenses | $517,810 | $603,163 | $482,133 |
| Qualifying Distributions | $511,575 | $591,500 | $473,750 |
| Net Investment Income | $102,038 | $35,494 | $313,732 |
| Distributable Amount | $84,132 | $82,591 | $75,823 |
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
137 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alzheimer's Drug Discovery Fdn ($100,000), Jdrf of Monmouth County ($100,000), Jdrf of Monmouth County ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S DRUG DISCOVERY FDN NEW YORK, NY | CHARITABLE | $10,000 |
| ALZHEIMER'S DRUG DISCOVERY FDN NEW YORK, NY | CHARITABLE | $10,000 |
| ALZHEIMER'S DRUG DISCOVERY FDN NEW YORK, NY | CHARITABLE | $100,000 |
| ALZHEIMER'S DRUG DISCOVERY FDN NEW YORK, NY | CHARITABLE | $25,000 |
| BREAST CANCER RESEARCH FUND NEW YORK, NY | CHARITABLE | $10,000 |
| CENTER FOR CREATIVE EDUCATION KINGSTON, NY | CHARITABLE | $1,000 |
| CHAMBER MUSIC SOCIETY OF PALM BEACH WEST PALM BEACH, FL | CHARITABLE | $10,000 |
| DRAMAWORKS WEST PALM BEACH, FL | CHARITABLE | $15,000 |
| FRANKLIN PARK LIBRARY FRANKLIN PARK, NJ | CHARITABLE | $1,000 |
| HISTORICAL SOC OF PALM BEACH CNTY WEST PALM BEACH, FL | CHARITABLE | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY GOODES | PRESIDENT | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported medical research initiatives, particularly in the field of Alzheimer's disease research. The foundation partnered with the Alzheimer's Drug Discovery Foundation to create a new prize recognizing researchers in Alzheimer's drug development.
Melvin R Goodes Family Foundation Inc - Full Filing - Nonprofit ...The foundation also supported prostate cancer research initiatives, as evidenced by its involvement with the Prostate Cancer Foundation.
[PDF] 2016 Progress Report - Prostate Cancer FoundationSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
Where does Melvin R Goodes Family Foundation make grants?
The foundation is located in and operates from Palm Beach, Florida.
What size grants does Melvin R Goodes Family Foundation award?
In 2024, Melvin R Goodes Family Foundation awarded 30 grants totaling $512K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Melvin R Goodes Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Melvin R Goodes Family Foundation reported a distributable amount of $84K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Melvin R Goodes Family Foundation's EIN?
Melvin R Goodes Family Foundation's EIN (Employer Identification Number) is 22-3513671. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Melvin R Goodes Family Foundation'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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