The Good Food Institute Inc logo

The Good Food Institute Inc

Public charity · Grantmaker Arlington, VA EIN: 81-0840578 Website

To harness the power of food innovation and markets to make the global food system better for the planet, people, and animals by supporting efforts to make alternative proteins accessible, affordable, and delicious.

The Good Food Institute Inc at a glance

In short: The Good Food Institute Inc gave $1.0M across 6 grants in 2024 (avg $170K), top state Massachusetts. Source: 2024 IRS Form 990.

Annual giving (2024)
$1,019,935
-32.9% vs 2023
Grants made (2024)
6
-14.3% vs 2023
Average grant
$169,989
-21.7% vs 2023
Median grant
$232,237
Total assets
$62,032,056
-4.9% vs 2023
Primary geography
Massachusetts (25% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

How to apply to The Good Food Institute Inc

Who The Good Food Institute Inc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Deco Labs: $250KDeco Labs$250KPurdue University: $250KPurdue University$250KCurators of the University of Missouri: $246KCurators of the University ofMissouri$246KDprotein Inc: $218KDprotein Inc$218KConservation X Labs Inc: $50KConservation X Labs Inc$50KTufts University: $5KTufts University$5K

The largest 2024 recipient was Deco Labs ($250K). Together the top 6 received $1.0M.

Grant Size Distribution

47 grants across all recorded years

4<$50K12$50–100K19$100–250K10$250–500K2$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 19 grants of 47 (40%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

21states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

HadleyBostonDavisPullmanSan DiegoSarasotaWashingtonWest LafayetteAthensBaltimoreBerkeleyBethlehemBlacksburgChicagoColumbiaDillonFarmingtonIrvineIthacaLos Angeles

How The Good Food Institute Inc gives

  • Giving fell 62% from 2021 to 2024. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M12 grants2020 16 grants2021 6 grants2022 7 grants2023 6 grants2024

From 2020 to 2024, annual grant giving ranged from $1.0M (2024) to $2.7M (2021). In 2024 it made 6 grants totaling $1.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Deco Labs Boston, MAStout feed2food: development of food-grand handling protocols & assessment in side streams used for cultivated meat medium components$250,000
Purdue University West Lafayette, INDr chen 2022 grant award: reduce the cost of plant-based meat analog without affecting its texture and nutrition by using hydrolyzed pea proteins$249,999
Curators of the University of Missouri Columbia, MOVardhanabhuti re-imagining soy protein through plant breeding innovation and optimized alternative processing$246,178
Dprotein Inc San Fransico, CAProtein and cell engineering to improve cell separation, protein purification and drying after precision fermentation$218,296
Conservation X Labs Inc Washington, DCDeveloping and publishing a technically sound white paper or policy brief on why and how conservation organizations should advance the development of aps$50,000
Tufts University Boston, MAAlt Protein Club Funding$5,462
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$62,032,056$28,143,912$35,420,353$1,019,9356$1,308,876
2023$65,245,715$43,631,366$31,037,374$1,519,8457$1,057,850
2022$50,506,658$15,833,279$22,760,706$1,451,8226$262,192
2021$59,697,609$43,468,835$17,034,589$2,677,34816$143,948
2020$29,918,594$18,923,594$13,273,604$2,191,35812$122,409

About The Good Food Institute Inc

Based on IRS filings

The Good Food Institute Inc is a public charity focused on Food, Agriculture & Nutrition, based in Arlington, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $62.0M in total assets. In 2024, it awarded 6 grants totaling $1.0M. Net investment income was $1.3M.

Leadership & Key People

Officers and directors from IRS filings

The Good Food Institute Inc is led by Ilya Sheyman, CEO on every filing since 2022; 8 of 14 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Ilya Sheyman

    CEO

    On filings since 2022

    40 hrs/week

    $133K (2022) → $226K (2024)

  • Bruce Friedrich

    President & Founder

    President, Treasurer & CEO → President & Founder, 2022

    On filings since 2020

    40 hrs/week

    $102K (2020) → $231K (2024)

  • Cameron Icard

    Chair

    Director → Chair, 2022

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Kathleen Freston

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Vandhana Balasubramanian

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Nabiha Basathia

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Anand Gopal

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Joan Gass

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Sarah David

    General Counsel, Secretary & Treasurer

    Secretary, General Counsel, Vice President & Administrator → Secretary, General Counsel & Vp-Admin, 2021

    Secretary, General Counsel & Vp-Admin → General Counsel, Secretary & Treasurer, 2022

    On filings since 2020

    40 hrs/week

    $100K (2020) → $174K (2024)

  • Caroline Bushnell

    Senior Vice President - Corporate Engagement

    Vice President - Corporate Engagement → Senior Vice President - Corporate Engagement, 2022

    On filings since 2021

    40 hrs/week

    $101K (2021) → $197K (2024)

  • Jessica Almy

    Senior Vice President - Policy & Government Relations

    Vice President - Policy → Senior Vice President - Policy, 2022

    Senior Vice President - Policy → Senior Vice President - Policy & Government Relations, 2023

    On filings since 2021

    40 hrs/week

    $117K (2021) → $198K (2024)

  • Sheila Voss

    Senior Vice President - Communications

    Vice President - Communications → Senior Vice President - Communications, 2022

    On filings since 2021

    40 hrs/week

    $104K (2021) → $199K (2024)

  • Susan McCausland-Halteman

    Senior Vice President - Development

    Vice President - Development → Senior Vice President - Development, 2022

    On filings since 2021

    40 hrs/week

    $114K (2021) → $210K (2024)

  • Chethana Biliyar

    Vice President Operations

    New on the 2024 filing

    40 hrs/week

    $168K (2024)

Former officers (2)
  • Former: Elizabeth Specht (2021–2023) — Senior Vice President - Science & Technology
  • Former: Stewart David (2020–2022) — Director

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.

Compensation Overview

From 2024 IRS filing

Bruce Friedrich — President and Founder: $231KBruce FriedrichPresident and Founder$231KIlya Sheyman — CEO: $226KIlya SheymanCEO$226KSusan McCausland-Halteman — SVP - Development: $210KSusan…SVP - Development$210KSheila Voss — SVP - Communications: $199KSheila VossSVP - Communications$199KJessica Almy — SVP - Policy and Government Relations: $198KJessica AlmySVP - Policy and Government…$198KCaroline Bushnell — SVP - Corporate Engagement: $197KCaroline BushnellSVP - Corporate Engagement$197KSarah David — Gen. Counsel, Secretary, Treasurer: $174KSarah DavidGen. Counsel, Secretary…$174KChethana Biliyar — VP Operations: $168KChethana BiliyarVP Operations$168K

The highest reported compensation on the 2024 filing was $231K, to Bruce Friedrich (President and Founder). 8 officers or directors reported compensation on that filing.

Frequently asked questions about The Good Food Institute Inc

How much does The Good Food Institute Inc give each year?

The Good Food Institute Inc gave $1.0M across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.5M across 7 grants.

What is The Good Food Institute Inc's typical grant size?

The Good Food Institute Inc's median grant in 2024 was $232,237, and its average grant was $169,989, across 6 grants on its 2024 IRS Form 990.

Where does The Good Food Institute Inc give grants?

The Good Food Institute Inc's top state is Massachusetts, with 25% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Indiana (25%) and Missouri (24%). The most frequent recipient cities were Boston, MA (2 grants).

Does The Good Food Institute Inc give general operating support?

Not in 2024: none of the 6 grants with a stated purpose on The Good Food Institute Inc's 2024 IRS Form 990 were described as general or operating support.

Who are The Good Food Institute Inc's largest grantees?

The Good Food Institute Inc's largest 2024 grantees include Deco Labs ($250,000), Purdue University ($249,999) and Curators of the University of Missouri ($246,178), according to its 2024 IRS Form 990. Together they received 73% of its itemized 2024 grant dollars.

How large is The Good Food Institute Inc?

The Good Food Institute Inc reported $62.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $28.1M.

What is The Good Food Institute Inc?

The Good Food Institute Inc is a public charity focused on Food, Agriculture & Nutrition, based in Arlington, VA. It holds $62.0M in total assets as of 2024.

What is The Good Food Institute Inc's EIN?

The Good Food Institute Inc's EIN (Employer Identification Number) is 81-0840578. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 8, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 12, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 30, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Good Food Institute Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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