The Goodman Family Operating Foundation

CHASKA, MN EIN: 61-1816821

The Goodman Family Operating Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHASKA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $356.4M in total assets. In 2024, it awarded 25 grants totaling $238K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$356.4M

+7.4% YoY

Annual Giving

$238K

+16.6% YoY

Grant Count

+4.2% YoY

Avg Grant Size

$10K

+12.0% YoY

About The Goodman Family Operating 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

Minnesota $473K (75%)

New York $37K (6%)

Arizona $26K (4%)

Maryland $25K (4%)

Indiana $20K (3%)

Massachusetts $15K (2%)

Texas $15K (2%)

District of Columbia $10K (2%)

+2 more states

States

Arizona California District of Columbia Illinois Indiana Massachusetts Maryland Minnesota New York Texas

Cities

AnokaBethesdaChaskaChicagoDallasEdinaFlagstaffGlendaleHagerstownIndianapolisLong LakeMinneapolisNew YorkNorth AndoverPeoriaPhoenixRochesterSherman OaksSt Louis ParkSt Paul

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$356,423,652	$331,951,915	$294,643,528
Revenue	$58,085,229	$28,249,262	$17,896,710
Expenses	$60,279,417	$33,907,382	$29,850,469
Qualifying Distributions	$4,959,148	$51,730,261	$9,400,134
Net Investment Income	—	—	—
Distributable Amount	—	—	—

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

69 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mayo Clinic ($50,000), Barrier Free Golf Inc ($33,334), Childrens Cancer Research ($15,000).

Recipient	Purpose	Amount
100 CLUB PHOENIX, AZ	EVOLVED TO PROVIDE ASSISTANCE, INCLUDING IMMEDIATE FINANCIAL AID, EDUCATIONS, AND ONGOING SUPPORT FOR ALL PUBLIC SAFETY MEMBERS AND THEIR FAMILIES.	$2,000
AMERICAN CANCER SOCIETY HAGERSTOWN, MD	SUPPORTS RESEARCH, CANCER EDUCATION, CANCER PREVENTION, AND DISEASE NAVIGATION.	$10,000
AMERICAN HEART ASSOCIAITON DALLAS, TX	FUNDS CARDIOVASCULAR MEDICAL RESEARCH, EDUCATES CONSUMERS ON HEALTHY LIVING AND FOSTERS APPROPRIATE CARDIAC CARE.	$7,500
AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (ASPCA) NEW YORK, NY	PROVIDES EFFECTIVE MEANS FOR THE PREVENTION OF CRUELTY TO ANIMALS THROUGHOUT THE UNITED STATES	$5,000
BARRIER FREE GOLF INC CHASKA, MN	WORKS WITH GOLF COURSES AND MUNICIPALILTIES TO CREATE ACCESS PATHWAYS TO FUN GOLF FOR ALL.	$33,334
BELIEVE FOUNDATION WAYZATA, MN	HELPS GRIEVING FAMILIES IN MINNESOTA FACING HARDSHIP AFTER THE DEATH OF THEIR CHILD BY PROVIDING IMMEDIATE AND PRACTICAL FINANCIAL ASSISTANCE AND PARTNERHING WITH OTHER ORGANIZATIONS TO OFFER ONGOING EMOTIONAL SUPPORT AND HEALING.	$2,000
CHILDRENS CANCER RESEARCH MINNEAPOLIS, MN	SUPPORT RESEARCH ACROSS THE COUNTRY WHICH MAKES THE GREATEST IMPACT ON CHILDREN FIGHTING CANCER. FUND RESOURCES AND PROGRAMS THAT HELP KIDS AND FAMILIES AS THEY NAVIGTE THE CANCER TREATMENT AND SURVIVORSHIP.	$15,000
CHILDRENS HEALTH CARE FOUNDATION EDINA, MN	CHAMPION THE HEALTH NEEDS OF CHILDREN AND FAMILIES.	$10,000
FOLDS OF HONOR - MN INC WAYZATA, MN	PROVIDES SCHOLARSHIPS TO FAMILIES OF AMERICA'S FALLEN OR DISABLED MILITARY AND RESPONDERS	$15,000
FRIENDS OF THE ISRAEL DEFENSE FORCES NEW YORK, NY	TRANSFORM THE LIVES OF THE YOUNG MEN AND WOMEN OF THE IDF THROUGH EMPOWERING EDUCATIONAL, FINANCIAL, WELL-BEING, AND CULTURAL INITIATIVES.	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CAROLIN GOODMAN	EXECUTIVE DIRECTOR	3	—
SHANE GOODMAN	BOARD/CHAIRMEN/DIRECTOR	3	—
MARK WILSON	DIRECTOR/PRESIDENT	0.5	—
T JAY SALMEN	VP/SECRETARY/DIRECTOR	0.5	—
CLINT KNACKE	DIRECTOR/TREASURER	2.5	—
CRAIG EDINGER	DIRECTOR	1.5	—
JAMES WEICHERT	DIRECTOR	0.5	—
MARK REILING	DIRECTOR	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Goodman Family Operating Foundation?

The Goodman Family Operating Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHASKA, MN. It holds $356.4M in total assets as of 2024.

How large is The Goodman Family Operating Foundation?

As of 2024, The Goodman Family Operating Foundation holds $356.4M in total assets with $58.1M in annual revenue. It awarded 25 grants totaling $238K in 2024.

Where does The Goodman Family Operating Foundation operate?

The Goodman Family Operating Foundation has awarded grants in Arizona, California, District of Columbia, Illinois, Indiana, Massachusetts, Maryland, Minnesota, New York, Texas.

What size grants does The Goodman Family Operating Foundation award?

In 2024, The Goodman Family Operating Foundation awarded 25 grants totaling $238K — an average of about $10K per grant, based on its IRS Form 990 filings.

What is The Goodman Family Operating Foundation's EIN?

The Goodman Family Operating Foundation's EIN (Employer Identification Number) is 61-1816821. IRS Form 990 filing data is available on this page for 2020–2024.