The Goodman Foundation Inc
The Goodman Foundation Inc is a private foundation based in Salisbury, North Carolina. It supports charitable organizations, with 2025 grants going to organizations in North Carolina, Texas, Washington, D.C., Georgia, and Connecticut.
The Goodman Foundation Inc at a glance
In short: The Goodman Foundation Inc gave $549K across 52 grants in 2025 (avg $11K), mostly in North Carolina. 19% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $548,500
- -12.4% vs 2024
- Grants made (2025)
- 52
- -14.8% vs 2024
- Average grant
- $10,548
- +2.8% vs 2024
- Median grant
- $8,750
- Total assets
- $12,975,303
- +13.5% vs 2024
- New grantees (estimate)
- 19% first-time grantees (10 of 52, 2025)
- Primary geography
- North Carolina (62% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Goodman Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 1040, Salisbury, NC 28145
Phone: (704) 633-5982
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Goodman Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Carolina Resource Center for Eating ($58K). Together the top 10 received $253K.
Grant Size Distribution
327 grants across all recorded years
The most common grant size was under $50K: 314 grants of 327 (96%).
Geographic Focus
Where this funder awards grants
In 2025, 62% of grant dollars went to recipients in North Carolina and 31% to recipients in Texas. Recipients in Washington, D.C., received 5%; those in Georgia and Connecticut each received 1%.
Grant Distribution by State
Share of 2025 grant dollars across all 52 itemized grants.
States
Cities
Is The Goodman Foundation Inc open to new grantees?
19%
first-time grantees, 2025
In 2025, 10 of 52 grantees (19%) were first-time recipients. First grants averaged $9K; repeat grants $11K. How we count
Medians: $5K first-time, $10K repeat.
- 56% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−18%). Method
- In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $493K (2019) to $672K (2022). In 2025 it made 52 grants totaling $549K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carolina Resource Center for Eating Asheville, NC | Charitable Use | $58,000 |
| Alzheimers Association Washington, DC | Charitable Use | $25,000 |
| Central United Methodist Church Asheville, NC | Charitable Use | $25,000 |
| Duke University Durham, NC | Charitable Use | $25,000 |
| The FWCD Foundation Fort Worth, TX | Charitable Use | $25,000 |
| Asheville Museum of Science Asheville, NC | Charitable Use | $20,000 |
| Meals on Wheels Asheville, NC | Charitable Use | $20,000 |
| Texas Christian Unviersity Fort Worth, TX | Charitable Use | $20,000 |
| UNC Asheville Foundation Inc Asheville, NC | Charitable Use | $20,000 |
| Black Mountain Home for Children Black Mountain, NC | Charitable Use | $15,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $12,975,303 | $945,698 | $603,878 | $548,500 | 52 | $548,500 | $239,737 | $605,087 |
| 2024 | $11,428,466 | $677,821 | $682,436 | $625,800 | 61 | $625,800 | $224,902 | $549,940 |
| 2023 | $13,574,478 | $874,639 | $683,286 | $609,000 | 78 | $609,000 | $408,328 | $633,018 |
| 2022 | $11,932,120 | $1,181,410 | $739,798 | $671,580 | 74 | $671,580 | $724,969 | $612,809 |
| 2021 | $14,224,730 | $915,857 | $607,812 | $547,050 | 62 | $547,050 | $529,631 | $668,694 |
| 2020 | $12,314,703 | $452,311 | $554,456 | $500,250 | 60 | — | $198,377 | $537,788 |
| 2019 | $11,009,075 | $631,650 | $549,305 | $492,600 | 64 | — | $320,907 | $510,713 |
Under IRS private-foundation payout rules, The Goodman Foundation Inc reported a distributable amount of $605K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants include support for organizations with varied purposes. For example, the Asheville Museum of Science describes its work as experiential science learning, discovery, and exploration; Tarrant Area Food Bank says it works to alleviate hunger and improve health; and Habitat for Humanity describes building decent, affordable housing in partnership with people in need.
Other 2025 recipients include Watauga Humane Society, which describes providing care for homeless animals; Black Mountain Home for Children, which says it cares for children, youth, and families; and Grandfather Mountain Stewardship, which says it inspires conservation by helping guests explore and value the mountain’s natural wonders. Educational First Steps describes supporting high-quality early learning for children from birth to age five in low-income and historically oppressed communities.
Grantmaking
The foundation made 52 grants totaling $548,500 in 2025. Grants ranged from $1,000 to $58,000, with a median grant of $8,750. Earlier filing-year totals were $625,800 across 61 grants in 2024 and $609,000 across 78 grants in 2023.
Among the largest 2025 grants were $58,000 to Carolina Resource Center for Eating; $25,000 each to the Alzheimer’s Association, Central United Methodist Church, Duke University, and The FWCD Foundation; and $20,000 each to Asheville Museum of Science, Meals on Wheels, Texas Christian University, and UNC Asheville Foundation Inc. Black Mountain Home for Children, Grandfather Mountain Stewardship, and Habitat for Humanity each received $15,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jeffrey V Goodman as president and treasurer, Dorothy G Settle as secretary, and Arthur L Hattaway Jr as assistant secretary.
The Goodman Foundation Inc is led by Jeffrey V. Goodman, President & Treasurer since 2024 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeffrey V. Goodman
President & Treasurer
President → President & Treasurer, 2024
On filings since 2019
No compensation reported
Arthur L. Hattaway Jr.
Assistant Secretary
On filings since 2019
No compensation reported
Dorothy G. Settle
Secretary
On filings since 2020
No compensation reported
Former officers (2)
- Former: Michael A. Goodman (2019–2023) — Vice President
- Former: Gail G. Settle (2019) — Secretary
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Goodman Foundation Inc
How much does The Goodman Foundation Inc give each year?
The Goodman Foundation Inc gave $549K across 52 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $626K across 61 grants.
What is The Goodman Foundation Inc's typical grant size?
The Goodman Foundation Inc's median grant in 2025 was $8,750, and its average grant was $10,548, across 52 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Goodman Foundation Inc that year got $9K on average.
Where does The Goodman Foundation Inc give grants?
The Goodman Foundation Inc gives mostly in North Carolina: 62% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Texas (31%) and District of Columbia (5%). The most frequent recipient cities were Asheville, NC (19 grants), Fort Worth, TX (12 grants), Boone, NC (3 grants) and Washington, DC (2 grants).
Does The Goodman Foundation Inc give general operating support?
Not in 2025: none of the 52 grants with a stated purpose on The Goodman Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Use" (52 grants).
Who are The Goodman Foundation Inc's largest grantees?
The Goodman Foundation Inc's largest 2025 grantees include Carolina Resource Center for Eating ($58,000), Alzheimers Association ($25,000) and Central United Methodist Church ($25,000), according to its 2025 IRS Form 990-PF. Together they received 20% of its itemized 2025 grant dollars.
How large is The Goodman Foundation Inc?
The Goodman Foundation Inc reported $13.0M in total assets on its 2025 IRS Form 990-PF. It paid out $549K in qualifying distributions that year, against a required minimum of $605K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Goodman Foundation Inc fund?
No mission statement for the foundation is provided. Its grants include support for organizations with varied purposes. See mission & focus areas ↑
How do I apply for a grant from The Goodman Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Goodman Foundation Inc's EIN?
The Goodman Foundation Inc's EIN (Employer Identification Number) is 56-6034757. IRS Form 990 filing data is available on this page for 2019–2025.
Does The Goodman Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 24, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 3, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 5, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in The Goodman Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Goodman Foundation Inc funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-goodman-foundation-inc-morg_2e0943e9b12a4b74864c1fb7a83469fb
BibTeX
@misc{grantable_566034757_2026,
author = {{Grantable}},
title = {{The Goodman Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-goodman-foundation-inc-morg_2e0943e9b12a4b74864c1fb7a83469fb},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Goodman Foundation 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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