Rosemary and David Good Family
The Rosemary and David Good Family Foundation is a private, independent foundation based in Minneapolis, Minnesota. Established in 2008, it operates as a 501(c)(3) philanthropic organization dedicated to supporting dynamic and creative initiatives across the arts, culture, and education sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-8.7% YoY
Annual Giving
$445K
+6.9% YoY
Grant Count
18
+0.0% YoY
Avg Grant Size
$25K
+6.9% YoY
Under IRS private-foundation payout rules, Rosemary and David Good Family reported a distributable amount of $125K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to fund dynamic and creative organizations that inspire people to realize their full potential within socially just, vibrant, and sustainable communities. The foundation believes in the power of the arts, culture, and education to transform lives.
Primary funding focus areas include:
- Arts and culture
- Education
- Arts access and participation
- Creative initiatives
Grantmaking
The foundation made 18 grants totaling approximately $445,000 in distributions. Recent grantees include:
Grant Range
approximately $25,000
Average Grant
approximately $25,000
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in:
- Minnesota (including Minneapolis, St. Paul, and Silver Lake)
- Michigan (including Grand Rapids and West Michigan)
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $2,333,288 to $2,556,592
- Total Revenue: $575,099
- Total Expenses: $562,869
- Total Giving: $445,000
- Total Liabilities: $0
The foundation has been tax-exempt since September 2008.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,333,288 | $2,556,592 | $3,000,854 |
| Revenue | $575,099 | $102,782 | $-10,369 |
| Expenses | $562,869 | $547,038 | $643,681 |
| Qualifying Distributions | $526,731 | $518,870 | $574,216 |
| Net Investment Income | $306,034 | $78,530 | $48,524 |
| Distributable Amount | $124,633 | $140,748 | $172,902 |
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
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Grand Rapids Ballet Company ($30,000), St Cecilia Music Center ($30,000), Ten Thousand Things Theatre Co ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BORDER CROSSING ST PAUL, MN | GENERAL OPERATING | $25,000 |
| CEDAR CULTURAL CENTER MINNEAPOLIS, MN | PROGRAM SUPPORT | $20,000 |
| DREAM OF WILD HEALTH MINNEAPOLIS, MN | PROGRAM SUPPORT | $25,000 |
| GRAND RAPIDS BALLET COMPANY GRAND RAPIDS, MI | PROGRAM SUPPORT | $30,000 |
| HIGHPOINT CENTER FOR PRINTMAKING MINNEAPOLIS, MN | PROGRAM SUPPORT | $15,000 |
| JUXTAPOSITION ARTS MINNEAPOLIS, MN | GENERAL OPERATING | $20,000 |
| MINNESOTA HISTORICAL SOCIETY ST PAUL, MN | PROGRAM SUPPORT | $25,000 |
| MINNESOTA PUBLIC RADIO ST PAUL, MN | PROGRAM SUPPORT | $25,000 |
| NATIVE AMERICAN COMMUNITY DEVELOPMENT INSTITUTE MINNEAPOLIS, MN | PROGRAM SUPPORT | $25,000 |
| PILLSBURY HOUSE THEATRE MINNEAPOLIS, MN | GENERAL OPERATING | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by:
- Rosemary H. Good – President (0.5 hours/week, no compensation)
- David F. Good – Vice President (0.5 hours/week, no compensation)
- Teresa Bonner – Executive Director (5 hours/week, no compensation)
- Ellen George – Chief Operating Officer (5 hours/week, no compensation)
- Allison G. Barosko – Director (0.5 hours/week, $300 compensation)
- Adam P. Good – Director (0.5 hours/week, $300 compensation)
- James Barosko – Director (0.5 hours/week, $300 compensation)
The foundation is managed by Teresa Bonner and Ellen George, who are owners of Family Philanthropy Advisors, a firm providing foundation management, staffing, and consulting services.
Contact Information:
- Address: 1818 Oliver Avenue South, Minneapolis, MN 55405
- Phone: 612.377.8400
- Website: goodfamilyfoundation.org
- Email: teresa@fpadvisors.com, ellen@fpadvisors.com
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROSEMARY H GOOD | PRESIDENT | 0.5 | — |
| DAVID F GOOD | VICE PRESIDENT | 0.5 | — |
| ALLISON G BAROSKO | DIRECTOR | 0.5 | $300 |
| ADAM P GOOD | DIRECTOR | 0.5 | $300 |
| JAMES BAROSKO | DIRECTOR | 0.5 | $300 |
| TERESA BONNER | EXECUTIVE DIRECTOR | 5 | — |
| ELLEN GEORGE | CHIEF OPERATING OFFICER | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Rosemary and David Good Family fund?
The foundation's mission is to fund dynamic and creative organizations that inspire people to realize their full potential within socially just, vibrant, and sustainable communities. The foundation believes in the power of the arts, culture, and education to transform lives. Primary funding focus areas include: • Arts and culture • Education • Arts access and participation • Creative initiatives
How do I apply for a grant from Rosemary and David Good Family?
**Grant Amounts:** • Typical awards range from $1,345 to $50,000 • Average grant size: approximately $25,000 • Median grant size: $25,000 **Recent Grant Activity (2024):** The foundation made 18 grants totaling approximately $445,000 in distributions. Recent grantees include: • Walker West Music Academy ($30,000 for General Operations) • St. Cecilia Music Center ($30,000 for Program Support) • University of Minnesota Foundation ($30,000 for Program Support) • Minnesota Historical Society • Spri…
Where does Rosemary and David Good Family make grants?
The foundation primarily supports organizations in: • Minnesota (including Minneapolis, St. Paul, and Silver Lake) • Michigan (including Grand Rapids and West Michigan)
What size grants does Rosemary and David Good Family award?
In 2024, Rosemary and David Good Family awarded 18 grants totaling $445K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Rosemary and David Good Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rosemary and David Good Family reported a distributable amount of $125K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rosemary and David Good Family's EIN?
Rosemary and David Good Family's EIN (Employer Identification Number) is 26-2294454. IRS Form 990 filing data is available on this page for 2020–2024.
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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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