Good News Ministries
EIN 752629527 Private Foundation
Possibly inactive.
Last 990-PF filing on record is from 2021
(5 years ago). Verify before investing time in an application.
Total Given 2017–2021
$2.0M
28 grants · $395K avg/year
based on 5 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$6K
typical small grants · $4K–$18K
grant size
15%
balanced · 3/20 multi-year
repeat
$827K
Assets (2020)
20
Distinct Recipients
About
GOOD NEWS MINISTRIES BOARD OF DIRECTORS DETERMINED IT WAS IN THE BEST INTEREST OF THE PRIVATE FOUNDATION TO SELL THEIR OWNERSHIP IN OVERRIDING ROYALTY INTERESTS (ORRIS) AND DISTRIBUTE SALE PROCEEDS AND REMAINING FUND BALANCES, TO DISSOLVE THE PRIVATE FOUNDATION. GOOD NEWS MINISTRIES DISTRIBUTED THE ENTIRETY OF THE FOUNDATIONS NET ASSETS TO RECIPIENTS SELECTED BY THE BOARD OF DIRECTORS.
Application Information
Accepts Unsolicited Proposals
No. Preselected Only
Contact Person
AGUSTIN MARTINEZ
Phone
(432) 684-5824
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | N/A | $290K | $53K | N/A |
| 2017 | $47K | $396K | $175K | 6 |
| 2018 | $40K | $511K | $177K | 4 |
| 2019 | $35K | $535K | $67K | 7 |
| 2020 | $24K | $827K | $323K | 2 |
| 2021 | $1.8M | $0 | $1.3M | 9 |
Grant Size Distribution
Based on 28 grants on record
Minimum
$1K
25th Pctl
$4K
Median
$6K
Average
$71K
75th Pctl
$18K
Maximum
$500K
Geographic Distribution
Texas Counties Served
85.7% of US grants
· Rank #1 of 5 states
$1.2M across
24 grants
8 of 254 counties
Top 8 counties
- 1 Bosque
- 2 Martin
- 3 Midland
- 4 Gaines
- 5 Dallas
- 6 Howard
- 7 Ector
- 8 Dawson
Officers & Directors
Grants Awarded (28 total)
| Purpose | ||||
|---|---|---|---|---|
| Christ Church Anglican | Midland, TX | $500,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2021 |
| Lutheran Sunset Ministries | Clifton, TX | $500,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2021 |
| Partners Relief & Development | Grand Rapids, MI | $500,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2021 |
| Mount Carmel Ministries | Alexandria, MN | $150,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2021 |
| Wartburg Theological Seminary | Dubuque, IA | $150,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2021 |
| Agustin Martinez | Midland, TX | $18,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2018 |
| Agustin Martinez | Midland, TX | $18,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2020 |
| Agustin Martinez | Midland, TX | $18,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2021 |
| Agustin Martinez | Midland, TX | $18,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2019 |
| Agustin Martinez | Midland, TX | $17,500 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2017 |
| Stepping Stone Ministry | Midland, TX | $10,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2018 |
| Alexandra Williams | Dallas, TX | $9,940 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2017 |
| David Geraldine Penick | Midland, TX | $6,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2018 |
| Gloria L. KIDD | Denver City, TX | $6,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2018 |
| David Geraldine Penick | Midland, TX | $6,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2020 |
| David Geraldine Penick | Midland, TX | $6,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2021 |
| David Geraldine Penick | Midland, TX | $6,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2019 |
| David & Geraldine Penick | Midland, TX | $6,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2017 |
| Gloria L. KIDD | Denver City, TX | $6,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2017 |
| The New School (On Behalf of Rebekah Haip) | New York, NY | $5,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2017 |
| Janet Abner | Big Spring, TX | $4,500 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2021 |
| Quinton RICO | Midland, TX | $4,000 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2019 |
| Billy Dallas | Midland, TX | $3,600 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2019 |
| Affordable Dentures (On Behalf of Roy Roberson) | Odessa, TX | $2,800 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2017 |
| Ramiro Lucio | Big Spring, TX | $1,500 | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | 2021 |
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