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Also known as: C/O RICHARD L KOHAN AFO LLC
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Good Gifts Foundation is a private corporation based in CORAL GABLES, FL. The foundation received its IRS ruling in 2012. The principal officer is Richard L Kohan C/O Afo Ll. It holds total assets of $166K. Annual income is reported at $2M. Total assets have grown from $53K in 2011 to $166K in 2024. The foundation is governed by 3 officers and trustees. The good gifts foundation provides funds to or for the benefit of one or more indigent individuals for basic needs, including, but not limited to, food, clothing and shelter, and to one or more organizations. In addition, the foundation grows "green" produce and livestock by using an environmentally friendly farming approach and donates such items to indigent individuals. During the year the foundation donated 220 pounds of beef and 740 pounds of fresh produce to organizations that feed indigent individuals. The food was farmed by the foundation and had a market value of $3,176 of which $1,295 is included in part i, line 25, and $1,881 is reported on line 23, column d. Lastly, the foundation provides educational programs, at no cost, to children and adults regarding their environmentally friendly farming approach. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in Florida, North Carolina and Illinois. According to available records, Good Gifts Foundation has made 27 grants totaling $257K, with a median grant of $12K. Annual giving has grown from $106K in 2020 to $151K in 2022. Individual grants have ranged from $578 to $24K, with an average award of $10K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in Florida and Illinois and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$12K
Average Grant
$10K
Largest Grant
$24K
Based on 9 grants from the most recent 990-PF filing.
The good gifts foundation provides funds to or for the benefit of one or more indigent individuals for basic needs, including, but not limited to, food, clothing and shelter, and to one or more organizations. In addition, the foundation grows "green" produce and livestock by using an environmentally friendly farming approach and donates such items to indigent individuals. During the year the foundation donated 220 pounds of beef and 740 pounds of fresh produce to organizations that feed indigent individuals. The food was farmed by the foundation and had a market value of $3,176 of which $1,295 is included in part i, line 25, and $1,881 is reported on line 23, column d. Lastly, the foundation provides educational programs, at no cost, to children and adults regarding their environmentally friendly farming approach.
Expenses: $2.4M
The good gifts foundation provides funds to or for the benefit of one or more indigent individuals for basic needs, including, but not limited to, food, clothing and shelter, and to one or more organizations. In addition, the foundation grows "green" produce and livestock by using an environmentally friendly farming approach and donates such items to indigent individuals. During the year the foundation donated 220 pounds of beef and 740 pounds of fresh produce to organizations that feed indigent individuals. The food was farmed by the foundation and had a market value of $3,176 of which $1,295 is included in part i, line 25, and $1,881 is reported on line 23, column d. Lastly, the foundation provides educational programs, at no cost, to children and adults regarding their environmentally friendly farming approach. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in FL, IL, NC.
Good Gifts Foundation has distributed a total of $257K across 27 grants. The median grant size is $12K, with an average of $10K. Individual grants have ranged from $578 to $24K.
Good Gifts Foundation typically selects its grantees rather than accepting unsolicited proposals.
Good Gifts Foundation is headquartered in CORAL GABLES, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard L Kohan | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Norma M Castillo | SECRETARY & DIRECTOR | $0 | $0 | N/A |
| Dora Somma | TREASURER & DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$166K
Fair Market Value
N/A
Net Worth
$166K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
27
Total Giving
$257K
Average Grant
$10K
Median Grant
$12K
Unique Recipients
11
Most Common Grant
$12K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United Methodist ChurchCONTRIBUTION TO GENERAL FUND | Evanston, IL | $12K | 2022 |
| South Putnam Christian Services CenterCONTRIBUTION TO GENERAL FUND | Crescent City, FL | $24K | 2022 |
| Catholic Charities Bureau IncCONTRIBUTION TO GENERAL FUND OF FARM WORKERS MINISTRY PROGRAM | St Augustine, FL | $12K | 2022 |
| Genevieve WoolseyASSIST WITH HARDSHIP EXPENSES | Brandon, FL | $12K | 2022 |
| South Putnam ChurchCONTRIBUTION TO GENERAL FUND | Crescent City, FL | $12K | 2022 |
| Feeding Northeast FloridaCONTRIBUTION TO GENERAL FUND | Jacksonville, FL | $2K | 2022 |
| The Bread Of LifeFOOD DONATION | Brevard, NC | $718 | 2022 |
| My Father'S StorehouseFOOD DONATION | Hendersonville, NC | $578 | 2022 |
| Bounty & SoulFOOD DONATION | Black Mountain, NC | $15K | 2020 |
| Mana FoodbankFOOD DONATION | Asheville, NC | $4K | 2020 |
| True RidgeFOOD DONATION | Hendersonville, NC | $663 | 2020 |