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Gift Of Good Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $10.6M. Annual income is reported at $7.6M. Total assets have grown from $2M in 2021 to $4M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Gift Of Good Foundation has made 6 grants totaling $69K, with a median grant of $5K. Annual giving has grown from $10K in 2022 to $59K in 2023. Individual grants have ranged from $1K to $50K, with an average award of $11K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Hawaii. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Gift Of Good Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in HI.
Gift Of Good Foundation has distributed a total of $69K across 6 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $1K to $50K.
Gift Of Good Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gift Of Good Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chad S Goodfellow | Dir, Treas, VP | $0 | $0 | N/A |
| Shay Goodfellow | Dir, Pres | $0 | $0 | N/A |
| Tia Hanchett | Sec | $0 | $0 | N/A |
Total Giving
$91K
Total Assets
$4M
Fair Market Value
$4M
Net Worth
$4M
Grants Paid
$59K
Contributions
$2.1M
Net Investment Income
$62K
Distribution Amount
$101K
Total Grants
6
Total Giving
$69K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Montessori Of Maui IncGeneral & Unrestricted | Makawao, HI | $50K | 2023 |
| Maui Preparatory AcademyTherapy Services Fund | Lahaina, HI | $5K | 2023 |
| Maui Family YmcaMusic Program | Kahului, HI | $3K | 2023 |
| Hui NoeauCharitable Event | Makawao, HI | $5K | 2022 |