Raymond & Marie Goldbach Foundation Inc
Raymond & Marie Goldbach Foundation Inc is a private foundation, based in Marathon, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58.5M in total assets. In 2024, it awarded 1 grant totaling $3.2M. Net investment income was $2.6M.
Raymond & Marie Goldbach Foundation Inc at a glance
In short: Raymond & Marie Goldbach Foundation Inc gave $3.2M across 1 grant in 2024 (avg $3.2M), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,209,463
- +162.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $3,209,463
- +162.0% vs 2023
- Median grant
- $3,209,463
- Total assets
- $58,469,768
- +6.1% vs 2023
- Primary geography
- Wisconsin (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Raymond & Marie Goldbach Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Raymond & Marie Goldbach Foundation Inc gives
- Giving grew 101% from 2021 to 2024. Method
- In 2024 it paid out 108% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.2M (2023) to $3.2M (2024). In 2024 it made 1 grant totaling $3.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $3,209,463 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $58,469,768 | $6,736,395 | $3,433,122 | $3,209,463 | 1 | $3,209,463 | $2,581,183 | $2,982,557 |
| 2023 | $55,100,979 | $27,376,346 | $1,340,705 | $1,225,025 | 1 | $1,225,025 | $877,607 | $1,548,795 |
| 2022 | $29,065,338 | $3,884,188 | $1,827,682 | $1,647,975 | 1 | $1,647,975 | $3,790,481 | $1,425,731 |
| 2021 | $27,008,832 | $2,753,618 | $1,711,809 | $1,596,750 | 1 | $1,596,750 | $2,393,706 | $1,606,917 |
| 2020 | $25,967,023 | $1,386,720 | $1,645,568 | $1,518,470 | 1 | — | $1,282,818 | $1,420,182 |
Under IRS private-foundation payout rules, Raymond & Marie Goldbach Foundation Inc reported a distributable amount of $3.0M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Raymond & Marie Goldbach Foundation Inc is led by John L. Skoug, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
John L. Skoug
President & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
William R. Tehan
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Reverend Joseph G. Diermeier
Vice President & Secretary
Director → Vice President & Secretary, 2024
On filings since 2020
No compensation reported
Former officers (1)
- Former: J. Gardner Govan (2020–2023) — Vice President & Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Raymond & Marie Goldbach Foundation Inc
How much does Raymond & Marie Goldbach Foundation Inc give each year?
Raymond & Marie Goldbach Foundation Inc gave $3.2M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.2M across 1 grant.
How large is Raymond & Marie Goldbach Foundation Inc?
Raymond & Marie Goldbach Foundation Inc reported $58.5M in total assets on its 2024 IRS Form 990-PF. It paid out $3.2M in qualifying distributions that year, against a required minimum of $3.0M (roughly 5% of its investment assets).
Where does Raymond & Marie Goldbach Foundation Inc operate?
Raymond & Marie Goldbach Foundation Inc has awarded grants in Wisconsin.
What is Raymond & Marie Goldbach Foundation Inc's EIN?
Raymond & Marie Goldbach Foundation Inc's EIN (Employer Identification Number) is 39-1877824. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 5, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Raymond & Marie Goldbach Foundation Inc funds
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