Good News Ministries
EIN 752629527Total 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
Officers & Directors
RC
Richard H Coats
6+ yrs
Vice President/Secretary
Leadership
SH
Skip Hedgpeth
6+ yrs
President
Leadership
WR
Willard B Robbins III
Director
RC
Richard H Coats
6+ yrs
President/Sec/Treasurer/Dir
Leadership
SH
Skip Hedgpeth
6+ yrs
Director
RC
Richard H Coats
6+ yrs
President/Sec/Treasurer/Dir
Leadership
SH
Skip Hedgpeth
6+ yrs
Director
RC
Richard H Coats
6+ yrs
President/Sec/Treasurer/Dir
Leadership
SH
Skip Hedgpeth
6+ yrs
Director
MH
Martha Hastings
3 yrs
Director
KM
Karen Martin
3 yrs
Director
DD
Douglas Duff
3 yrs
Director
RC
Richard H Coats
6+ yrs
President/Sec/Treasurer/Dir
Leadership
DD
Douglas Duff
3 yrs
Director
SH
Skip Hedgpeth
6+ yrs
Director
MH
Martha Hastings
3 yrs
Director
KM
Karen Martin
3 yrs
Director
RC
Richard H Coats
6+ yrs
President/Sec/Treasurer/Dir
Leadership
DD
Douglas Duff
3 yrs
Director
SH
Skip Hedgpeth
6+ yrs
Director
MH
Martha Hastings
3 yrs
Director
KM
Karen Martin
3 yrs
Director
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 |