BIRMINGHAM, AL
Mike And Gillian Goodrich Charitable Foundation
Quick Facts
- EIN
- 263587489
- Location
- BIRMINGHAM, AL
- Category
- Philanthropy & Grantmaking
- Total Assets
- $105.5M
- Annual Income
- $19M
- IRS Ruling Year
- 2009
- Organization Type
- Corporation
- Principal Officer
- % T Michael Goodrich
- Tax Deductibility
- Contributions are deductible
About This Foundation
Mike And Gillian Goodrich Charitable Foundation is a private corporation based in BIRMINGHAM, AL. The foundation received its IRS ruling in 2009. The principal officer is % T Michael Goodrich. It holds total assets of $105.5M. Annual income is reported at $19M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$5M
2023+5%
Total Assets
$96.5M
2023+8%
Fair Market Value
$96.5M
2023
Net Worth
$96M
2023
Grants Paid
$3.8M
2023
Contributions
$0
2023
Net Investment Income
$4.4M
2023
Distribution Amount
$4.5M
2023
Total Giving by Year
$3.2M
11$4.1M
12$3.6M
13$4.3M
14$4.5M
15$4.3M
19$4.8M
20$4M
21$4.8M
22$5M
23Asset Growth
$65.4M
11$67M
12$68.7M
13$82.3M
14$75.8M
15$82.7M
19$88.1M
20$99.3M
21$89.2M
22$96.5M
23Investment Portfolio (2023)
Total: $28.6M
Corporate Stock: $16.9M
Corporate Bonds: $11.8M
Other Investments: $61.8M
Cash: $579K
Corporate Stock (19%)
Corporate Bonds (13%)
Other Investments (68%)
Cash (1%)
Expense Breakdown (2023)
Grants Paid$3.8M
Officer Compensation$224K
Occupancy$77K
Travel & Conferences$20K
Accounting Fees$18K
Depreciation$16K
Pension & Benefits$10K
Revenue Sources (2023)
- Capital Gains (Net)
- $2.3M
- Dividends
- $1.7M
- Other Income
- $783K
Financial Details (2023)
- Total Revenue
- $4.9M
- Total Expenses
- $5M
- Exempt Purpose Expenses
- $4.5M
- Required Distribution
- $4.5M
- Undistributed Income
- $3.9M
- Total Liabilities
- $457K
- Excise Tax
- $61K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$2.7M
Average Grant
$54K
Median Grant
$50K
Grant Range
Min$25K
Max$241K
Median: $50K
Smallest grantLargest grant
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $60K (1)
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
TN: $50K (1)
NC
SC
OK
LA
MS
AL
AL: $2.6M (48)
GA
FL
HI
TX
AL$2.6M (48)
NY$60K (1)
TN$50K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jones Valley Teaching FarmOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $241K | 2022 |
| Woodlawn FoundationOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $109K | 2022 |
| Freshwater Land TrustOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $101K | 2022 |
| Teach For America Of AlabamaOPERATING SUPPORT OF ORGANIZATION | Marion, AL | $100K | 2022 |
| New Schools For AlabamaOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $100K | 2022 |
| Bessemer Redevelopment CorporationOPERATING SUPPORT OF ORGANIZATION | Bessemer, AL | $100K | 2022 |
| A Plus Education PartnershipOPERATING SUPPORT OF ORGANIZATION | Montgomery, AL | $80K | 2022 |
| Uab School Of NursingOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $75K | 2022 |
| Mcwane Science CenterOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $75K | 2022 |
| Rev BirminghamOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $70K | 2022 |
| Bethel Baptist ChurchOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $60K | 2022 |
| Venture For AmericaOPERATING SUPPORT OF ORGANIZATION | New York, NY | $60K | 2022 |
| Red Mountain Park FundOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $53K | 2022 |
| Alys Stephens Performing Arts CenterOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $53K | 2022 |
| Railroad Park FoundationOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $51K | 2022 |
| Alabama AudubonOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| Birmingham TalksOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| Alabama Symphony OrchestraOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| Empower Schools Of AlabamaOPERATING SUPPORT OF ORGANIZATION | Bessemer, AL | $50K | 2022 |
| East Lake InitiativeOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| Miles CollegeOPERATING SUPPORT OF ORGANIZATION | Fairfield, AL | $50K | 2022 |
| Freedom Preparatory Academy Charter SchoolsOPERATING SUPPORT OF ORGANIZATION | Memphis, TN | $50K | 2022 |
| Alabama African American Civil Rights ConsortiumOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| Volunteer Lawyers Of BirminghamOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| Alabama BalletOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| Ymca Of Greater BirminghamOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| University Charter SchoolOPERATING SUPPORT OF ORGANIZATION | Livingston, AL | $50K | 2022 |
| Legacy PrepOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| Strive BirminghamOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| Jimmie Hale MissionOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $50K | 2022 |
| Alabama Network Of Family Resource CentersOPERATING SUPPORT OF ORGANIZATION | Montgomery, AL | $45K | 2022 |
| College Admissions Made PossibleOPERATING SUPPORT OF ORGANIZATION | Hoover, AL | $45K | 2022 |
| Alabama Appleseed Center For Law & JusticeOPERATING SUPPORT OF ORGANIZATION | Montgomery, AL | $45K | 2022 |
| Create BirminghamOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $40K | 2022 |
| Ywca Of Central AlabamaOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $40K | 2022 |
| Desert Island Supply CoOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $39K | 2022 |
| Magic City Acceptance AcademyOPERATING SUPPORT OF ORGANIZATION | Homewood, AL | $35K | 2022 |
| Al Rivers AllianceOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $30K | 2022 |
| Red Mountain Theatre CompanyOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $30K | 2022 |
| College Choice FoundationOPERATING SUPPORT OF ORGANIZATION | Homewood, AL | $30K | 2022 |
| Vidal AccessOPERATING SUPPORT OF ORGANIZATION | Pelham, AL | $30K | 2022 |
| Mason Music FoundationOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $25K | 2022 |
| Birmingham Children'S TheatreOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $25K | 2022 |
| Space One ElevenOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $25K | 2022 |
| Hispanic Interest Coalition Of AlabamaOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $25K | 2022 |
| United Way Of West AlabamaOPERATING SUPPORT OF ORGANIZATION | Tuscaloosa, AL | $25K | 2022 |
| Better BasicsOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $25K | 2022 |
| Neighborhood Housing ServicesOPERATING SUPPORT OF ORGANIZATION | Birmingham, AL | $25K | 2022 |
| River Region TrailsOPERATING SUPPORT OF ORGANIZATION | Montgomery, AL | $25K | 2022 |
| ArtsreviveOPERATING SUPPORT OF ORGANIZATION | Selma, AL | $25K | 2022 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2019-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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