Opportunity Foundation
Opportunity Foundation is a private grantmaking foundation based in Pittsburgh, Pennsylvania. Established in 2015, the organization awards grants to small and midsize arts organizations, and to organizations and initiatives that advance social and economic justice. The foundation is also known as the Opportunity Fund and operates under the legal name James K Goldberg Ttee.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$41.4M
+0.2% YoY
Annual Giving
$2.4M
+6.7% YoY
Grant Count
156
-1.3% YoY
Avg Grant Size
$16K
+8.0% YoY
Mission & Focus Areas
Mission Statement: Opportunity Fund awards grants to small to midsize arts organizations, and organizations and initiatives that advance social and economic justice. At least 75% of grants are awarded to projects that benefit the Greater Pittsburgh community.
Primary Funding Areas:
Arts (42% of grants)
- Small and mid-sized arts organizations
- Performing arts with emphasis on theatre, dance, and music
- Classical chamber music and jazz
- Visual arts with emphasis on craft
- News
Social & Economic Justice (58% of grants)
- Racial justice and Black-led movement work
- Civil liberties and civil rights, with special interest in Black and LGBTQ+ people, and other groups impacted by social injustice
- Human rights
- Reproductive freedom
- Safety net resources including:
- Social services
- Economic independence
- Housing
- Tangible aid
- Transportation
- Healthcare
Grantmaking
Opportunity Fund uses an online application for all steps of the grant process.
Grant Range
$2,005–$150,000
Average Grant
$63 (based on historical data)
How to Apply
**
Ready to take the next step with Opportunity Foundation?
Geographic Focus
Where this funder awards grants
At least 75% of grants benefit the Greater Pittsburgh community. The foundation also funds organizations in multiple states including Pennsylvania, New York, and California, as well as numerous other U.S. cities and states.
Geographic Distribution of Grants (2023):
- Pittsburgh initiatives: $17,230,950 out of $18,690,750 (93%)
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- Total assets (2023): $41,375,340
- Total assets (2024): $41,439,239
Annual Activity:
- Total revenue (2023): $2,791,713
- Total revenue (2024): $3,005,699
- Total expenses (2023): $3,052,772
- Total expenses (2024): $3,284,790
- Total liabilities (2023): $17,600
Cumulative Grant Distribution:
- Arts grants: $7,766,588 out of $18,690,750 (42%)
- Social and Economic Justice grants: $10,764,162 out of $18,690,750 (58%)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $41,439,239 | $41,375,340 | $42,818,662 |
| Revenue | $3,005,699 | $2,791,713 | $2,929,012 |
| Expenses | $3,284,790 | $3,052,772 | $3,312,420 |
| Qualifying Distributions | $2,954,369 | $2,699,741 | $2,739,456 |
| Net Investment Income | $2,909,031 | $2,698,907 | $2,806,372 |
| Distributable Amount | $2,679,590 | $2,488,130 | $2,364,299 |
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
200 grants across all recorded years
Open Grants
1 open opportunity from Opportunity Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Executive Director: Jake Goodman (also listed as Jacob Goodman)
- Full-time position
- Compensation: $174,070
Board/Trustees:
- Ida Lee Goodman (serves without compensation)
- Dana Bishop-Root (serves without compensation)
Staff: 3 employees
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IDY GOODMAN | TRUSTEE | 5 | — |
| JACOB GOODMAN | EXECUTIVE DIRECTOR | 40 | $178,090 |
| DANA BISHOP-ROOT | DIRECTOR | 5 | — |
| ALISHA WORMSLEY | DIRECTOR | 5 | — |
| MARGE PETRUSA | DIRECTOR | 5 | — |
| MICHAEL TIKILI | DIRECTOR | 5 | — |
| MEDINA JACKSON | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Opportunity Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities