Private foundation · EIN 54-1812414 · Newport News, Virginia · Philanthropy & grantmaking

Good News Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 1 grants paid, $190K total, median $190K. 100% of grants stayed in Virginia.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
1
$190K
Median grant
$190K
Stays in VA
100%
of grants
Deadline
—
Assets
$4.6M

Grants paid in 2025

1 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Peninsula Community FoundationHampton, VAGeneral support for ongoing operations$190K

About this foundation

Good News Foundation is a private grantmaking foundation in Newport News, Virginia, administered in care of Cyrus a Dolph IV, tax-exempt since 1996. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Good News Foundation accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Good News Foundation give each year?

In tax year 2025 it paid $190K across 1 grants, a median of $190K.

Where does Good News Foundation give?

Virginia (1 grants), per its latest filing.

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