NonprofitsGoodwin Foundation Inc

Education

Goodwin Foundation Inc

EAST HARTFORD, CT

Total revenue

$1.7M

Total expenses

$1.4M

Net assets

$12.8M

Grants received

$134K

19 grants

EIN

061599388

Tax year

2023

Mission

The goodwin foundation supports the mission of goodwin university to extend educational opportunities to underserved populations by fundraising for scholarships and other initiatives. With the guidance of an independent board of directors, the foundation identifies key strategic fundraising goals and cultivates donors through major giving, annual fund, and alumni giving campaigns. Through a coordinated plan of institutional giving and scholarships, the foundation supports educational access for a wide range of students, including the over half of goodwin students who are first generation college students. The foundation seeks to support those students who have both an acute financial need, and have demonstrated the desire to achieve academic success.funds raised by the foundation also support specific initiatives targeted at closing the educational achievement gap, including the men of vision in education (move) and women invested in seeking education (wise),

Financials

FY 2023

Revenue

Contributions & grants$645K
Program service revenue
Investment income$1.1M
Other revenue
Total revenue$1.7M

Expenses

Grants paid$973K
Salaries & benefits
Fundraising$9K
Other expenses$379K
Total expenses$1.4M
Total assets$16.9M
Net assets$12.8M

People

12 listed

NameRoleCompensation

ANDREWS TODD

DIRECTOR/SENIOR VP

Board

5 hrs/wk

FOXMAN ETHAN

PRESIDENT

Board

0.7 hrs/wk

HOUSLEY LEE

DIRECTOR

Board

0.3 hrs/wk

KAPLAN TED

DIRECTOR

Board

0.3 hrs/wk

LOUDEN MOLLY

DIRECTOR

Board

0.3 hrs/wk

MAFFEE JAY

DIRECTOR

Board

0.3 hrs/wk

MARGNELLI JAY

DIRECTOR

Board

0.3 hrs/wk

MEYER JR EDWIN

DIRECTOR/CFO

Board

4 hrs/wk

RESNICK JUDITH

DIRECTOR

Board

0.3 hrs/wk

SHECHTMAN RICHARD

DIRECTOR

Board

0.3 hrs/wk

SCHEINBERG MARK E

DIRECTOR/PRESIDENT

Board

5 hrs/wk

SHEA MARTIN K

SECRETARY/TREASURER

Board

0.5 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
$17K
DONATION TO SCHOOLS EDUCATION FUND
2024
$3K
PROGRAM SERVICES
2024
$7K
For grant recipient's exempt purposes
2023
$1K
Charitable Event
2023
$16K
For grant recipient's exempt purposes
2022
$2K
Any Scholarship Fund
2022
$600
Charitable Event
2021
$250
TO PROVIDE GENERAL OPERATING SUPPORT.
2021
$5K
SUPPORT EDUCATION OPPORTUNITIES
2020
$19K
EXTEND EDUCATIONAL OPPORTUNITIES
2019
$8K
EXPANDS EDUCATIONS ACCESS FOR A WIDE RANGE OF STUDENTS
2018

Funded by

$134K from 10 funders · 19 grants · 2018–2024

The Fuchs Family Foundation Inc

$46K · 4 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$24K · 2 grants · 2022–2023

Saint Francis Hospital And Medical

$19K · 1 grant · 2019

The Adelman Family Foundation Inc

$17K · 1 grant · 2024

Trinity Health Of New England

$13K · 2 grants · 2018–2020

John P Joseph & Kelley A Joseph

$10K · 2 grants · 2021–2022

The Lundberg Family Foundation

$4K · 4 grants · 2021–2023

Ima Foundation

$3K · 1 grant · 2024

Details

EIN061599388
NTEE codeB82
Subsection03
Ruling date2001-01
Formed2000
Employees0
Volunteers9
GOODWIN FOUNDATION INC — Mission, Financials & Grants Received | Grantivo