Funder DirectoryGOOD NEWS FOUNDATION
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Private foundation (trust)EIN 541812414Est. 1996-10

GOOD NEWS FOUNDATION

NEWPORT NEWS, VA 23606

Total Assets

$4.5M

FY 2023

Annual Giving

$220K

FY 2023

Grants Made

1

FY 2023

Avg Grant

$220K

FY 2023

Grant Range

$220K–$220K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$248K

Total Expenses

$227K

Qualifying Distributions

$221K

Distributable Amount

$214K

Min. Investment Return

$217K

Undistributed Income

$180K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

5 years

Giving over time from 2018 to 2023. Peak $255K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

34 grants

PENINSULA COMMUNITY FOUNDATION
$640K
3 grants
INTERNATIONAL COOPERATING MINISTRIES
$60K
3 grants
ORPHAN NETWORK
$50K
3 grants
YOUNG LIFE WILLIAMSBURG
$41K
2 grants
NEWSON-BAILEY PROJECT INC
$25K
1 grant
YOUTH CHALLENGE
$25K
2 grants
PENINSULA RESCUE MISSION
$21K
1 grant
ELIJAH HOUSE ACADEMY
$16K
1 grant

Grant Size Distribution

34 grants

<$10K
20
grants
$10–50K
11
grants
$50–250K
3
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

5 states

Virginia
$960K
97% of total
Colorado
$15K
2% of total
California
$10K
1% of total
Minnesota
$5K
1% of total
Illinois
$3K
0% of total

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