Richard and Annetta Good Foundation

Foundation · Grantmaker Raleigh, NC EIN: 23-2869865

Richard and Annetta Good Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. IRS filing data is available from 2020 through 2022. In 2022, it awarded 3 grants totaling $254K. Net investment income was $51K.

Key facts about Richard and Annetta Good Foundation

EIN: 23-2869865
Latest 990 filing: Form 990-PF, 2022
Annual giving (2022): $254,137
Grants made (2022): 3
Average grant: $84,712
Median grant: $46,903
Primary geography: North Carolina (69% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Who Richard and Annetta Good Foundation funds

By grant dollars, the top recipient states for Richard and Annetta Good Foundation's 3 itemized 2022 grants were North Carolina (69%) and Pennsylvania (31%). 100% of grants with a stated purpose were for general or operating support.

How Richard and Annetta Good Foundation gives

In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$254K

Grant Count

Avg Grant Size

$85K

Under IRS private-foundation payout rules, Richard and Annetta Good Foundation reported a distributable amount of $4K for 2022 — the minimum it must pay out in qualifying distributions.

About Richard and Annetta Good Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $176K (69%)

Pennsylvania $78K (31%)

Share of all 3 itemized 2022 grant dollars.

States

North Carolina Pennsylvania

Cities

LancasterPhiladelphiaRaleigh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021	2020
Total Assets	—	$213,144	$213,660
Revenue	$53,423	$798	$1,178
Expenses	$256,215	$1,314	$870
Qualifying Distributions	$254,137	—	—
Net Investment Income	$51,292	—	$308
Distributable Amount	$4,282	$10,002	$9,833

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2022

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2022

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest recipients include Amazing Grace Adoptions ($176,234), Water Street Mission ($46,903), Gift of Life Family ($31,000).

Recipient	Purpose	Amount
AMAZING GRACE ADOPTIONS Raleigh, NC	GENERAL PURPOSE	$176,234
WATER STREET MISSION Lancaster, PA	GENERAL PURPOSE	$46,903
GIFT OF LIFE FAMILY Philadelphia, PA	GENERAL PURPOSE	$31,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2022 IRS filing

Name	Title	Hours	Compensation
Annetta B Good	President	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Richard and Annetta Good Foundation?

Richard and Annetta Good Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. It holds — in total assets as of 2022.

Where does Richard and Annetta Good Foundation operate?

Richard and Annetta Good Foundation has awarded grants in North Carolina, Pennsylvania.

What size grants does Richard and Annetta Good Foundation award?

In 2022, Richard and Annetta Good Foundation awarded 3 grants totaling $254K — an average of about $85K per grant, based on its IRS Form 990 filings.

How much is Richard and Annetta Good Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Richard and Annetta Good Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Richard and Annetta Good Foundation's EIN?

Richard and Annetta Good Foundation's EIN (Employer Identification Number) is 23-2869865. IRS Form 990 filing data is available on this page for 2020–2022.