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

25

+4.2% YoY

Avg Grant Size

$10K

+12.0% YoY

About The Goodman Family Operating Foundation

Based on IRS filings

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.

Ready to take the next step with The Goodman Family Operating Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AnokaBethesdaChaskaChicagoDallasEdinaFlagstaffGlendaleHagerstownIndianapolisLong LakeMinneapolisNew YorkNorth AndoverPeoriaPhoenixRochesterSherman OaksSt Louis ParkSt Paul

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$33M$50M$66M20202021202220232024
Metric202420232022
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

$0$60K$119K$179K$238K1 grants20202 grants202117 grants202224 grants202325 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAYO CLINIC$50KBARRIER FREE GOLF INC$33KCHILDRENS CANCER RESEARCH$15KFOLDS OF HONOR - MN INC$15KONE SUMMIT INC$15KAMERICAN CANCER SOCIETY$10KCHILDRENS HEALTH CARE FO…$10KMINNEAPOLIS INSTITUTE OF…$10KPACER CENTER INC$10KSALVATION ARMY MINNEAPOL…$10K

Grant Size Distribution

69 grants across all recorded years

68<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CAROLIN GOODMANEXECUTIVE DIRECTOR3
SHANE GOODMANBOARD/CHAIRMEN/DIRECTOR3
MARK WILSONDIRECTOR/PRESIDENT0.5
T JAY SALMENVP/SECRETARY/DIRECTOR0.5
CLINT KNACKEDIRECTOR/TREASURER2.5
CRAIG EDINGERDIRECTOR1.5
JAMES WEICHERTDIRECTOR0.5
MARK REILINGDIRECTOR0.5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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