Norma Good Charitable Trust

DALLAS, TX EIN: 59-7020651

Norma Good Charitable Trust is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 7 grants totaling $94K. Net investment income was $178K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

+3.4% YoY

Annual Giving

$94K

+7.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$13K

+7.0% YoY

Under IRS private-foundation payout rules, Norma Good Charitable Trust reported a distributable amount of $120K for 2024 — the minimum it must pay out in qualifying distributions.

About Norma Good Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $492K (98%)

Oklahoma $13K (2%)

States

Florida Oklahoma

Cities

Daytona BeachOklahoma City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,126,129	$2,057,053	$2,117,402
Revenue	$204,853	$63,799	$-34,999
Expenses	$137,914	$126,946	$164,704
Qualifying Distributions	$110,204	$102,435	$132,507
Net Investment Income	$177,828	$29,018	$25,443
Distributable Amount	$119,992	$110,208	$113,152

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

35 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Florida Hospital Memorial Foundation ($41,144), Halifax Medical Center Foundation ($41,144), American Cancer Society ($2,500).

Recipient	Purpose	Amount
AMERICAN CANCER SOCIETY OKLAHOMA CITY, OK	UNRESTRICTED GENERAL	$2,500
CONKLIN CENTER FOR THE BLIND DAYTONA BEACH, FL	UNRESTRICTED GENERAL	$2,500
FLORIDA HOSPITAL MEMORIAL FOUNDATION DAYTONA BEACH, FL	UNRESTRICTED GENERAL	$41,144
THE SALVATION ARMY DAYTONA BEACH, FL	UNRESTRICTED GENERAL	$2,500
EASTERSEALS NORTHEAST CENTRAL FLORIDA DAYTONA BEACH, FL	UNRESTRICTED GENERAL	$2,500
UNITED WAY OF VOLUSIAFLAGLER COUNTY DAYTONA BEACH, FL	UNRESTRICTED GENERAL	$1,875
HALIFAX MEDICAL CENTER FOUNDATION DAYTONA BEACH, FL	UNRESTRICTED GENERAL	$41,144

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA NA	CO-TRUSTEE	1	$31,065
LINDA WILLIAMS	CO-TRUSTEE	10	$7,787

Frequently Asked Questions

How large is Norma Good Charitable Trust?

As of 2024, Norma Good Charitable Trust holds $2.1M in total assets with $205K in annual revenue. It awarded 7 grants totaling $94K in 2024.

Where does Norma Good Charitable Trust operate?

Norma Good Charitable Trust has awarded grants in Florida, Oklahoma.

What size grants does Norma Good Charitable Trust award?

In 2024, Norma Good Charitable Trust awarded 7 grants totaling $94K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Norma Good Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Norma Good Charitable Trust reported a distributable amount of $120K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.