Skip to content

Virginia · Nonprofit

THE GOOD FOOD INSTITUTE INC

THE GOOD FOOD INSTITUTE INC (Virginia) receives grants from 155 organizations whose IRS filings report $101,303,445 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($21,797,309). 82 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$28M
Funders on record
155
Grants received
$101M
Net assets
$55M
82/155 repeat funderspeak grant-dependency 79%
01What it does

What The Good Food Institute Inc does

Mission

To harness the power of food innovation and markets to make the global food system better for the planet, people, and animals by supporting efforts to make alternative proteins accessible, affordable, and delicious.

As stated on its FY2024 Form 990.

Programs

  1. Science and technology - gfi's science and technology department accelerates the science of alternative protein technologies. Gfi's scientists are the global experts in this sector and work to ensure that a roadmap exists for alternative protein innovation, that the best scientists are engaged in research and development, and that significant funds are directed toward the highest-impact areas of alternative protein research.gfi's scitech team is focused on three principal activities:1. Analyzing current and future technical challenges and identifying the most important research for alternative proteins.2. Mobilizing funding for open-access research and development of alternative proteins.3. Inspiring and supporting the next generation of innovators in the alternative protein industry.

    $10,290,242 spentof which $3,723,258 as grants
    39% of program spending
  2. Policy and government relations - gfi's policy and government relations department is focused on removing public policy hurdles and directing public investment to accelerate progress on the widespread adoption of alternative proteins. The policy and government relations team primarily educates public institutions, including elected officials and regulators, and uses impact litigation as a strategic tool where warranted.

    $5,598,130 spent
    21% of program spending
  3. Corporate engagement - gfi's corporate engagement department works to educate companies and investors to prioritize alternative proteins, accelerate alternative protein innovation, and scale the supply chain. The corporate engagement team's work helps enable food industry partners to develop and bring to market alternative protein products that are as accessible, affordable, and delicious as conventional meat, eggs, and dairy. The corporate engagement team educates and empowers entities in all stages of the supply chain, including entrepreneurs and startups, investors, food and meat manufacturers, ingredient companies, grocery retailers, foodservice companies, and equipment manufacturers.

    $4,491,125 spentof which $467 as grants
    17% of program spending
  4. Communications - gfi's communications department positions gfi as a global thought leader and trusted source of data and insights across the field of alternative proteins and throughout the adjacent fields of climate, biodiversity, global health, and sustainable, secure food systems. The communications team elevates the expertise of our staff and works across the organization and field to publish and disseminate original research and reports, secure meaningful media coverage, convene and promote community and capacity-building events, and thoughtfully engage decision-makers and other influencers across the private and public sectors and civil society to position alternative proteins as an essential solution for a better food future.

    $3,599,840 spentof which $50,000 as grants
    14% of program spending
  5. International - gfi's international program consists of technical and management support from its u.s. Team to its foreign affiliates, as well as additional international activities led directly by the u.s. Team such as management of international sub-grants and programmatic activities aimed to accelerate worldwide engagement of scientists in alternative protein research, drive global policy and regulatory advancements, foster successful generation of innovators, and amplify media coverage of alternative protein innovation.

    $2,353,411 spentof which $799,533 as grants
    9% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $26,332,748.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.3M) Expenses 100 ($1.3M) Net assets 100 ($6.9M)2018 Revenue 158 ($8.4M) Expenses 441 ($5.8M) Net assets 136 ($9.4M)2019 Revenue 408 ($22M) Expenses 676 ($8.9M) Net assets 321 ($22M)2020 Revenue 358 ($19M) Expenses 1009 ($13M) Net assets 402 ($28M)2021 Revenue 821 ($43M) Expenses 1294 ($17M) Net assets 792 ($54M)2022 Revenue 299 ($16M) Expenses 1729 ($23M) Net assets 652 ($45M)2023 Revenue 825 ($44M) Expenses 2358 ($31M) Net assets 856 ($59M)2024 Revenue 532 ($28M) Expenses 2691 ($35M) Net assets 795 ($55M)
'17'18'19'20'21'22'23'24
Revenue (532)Expenses (2691)Net assets (795)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $30M to $60M (+100%).

$7.6M
$11M
$24M
$30M
$60M
$51M
$65M
$62M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 5% · 2021 2% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

95% of THE GOOD FOOD INSTITUTE INC’s revenue is contributions — about as donation-reliant as the typical peer (96% for the typical peer).

This organization
Typical peer · 276 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$4.0M
’17
$2.6M
’18
$13M
’19
$5.6M
’20
$26M
’21
−$6.9M
’22
$13M
’23
−$7.3M
’24
3.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Ilya Sheyman

CEO

Board chair

Cameron Icard

Chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

'17'18'19'20'21'22'23'24
Listed666510121414
Joined·+1+0+1+5+2+2+1
No longer listed·1020001
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 16 funders to 65 funders, grant income rose $3.3M → $17M.

32 of 155 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 68% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE GOOD FOOD INSTITUTE INC’s funders (the co-funder graph). Top 30 of 155 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE GOOD FOOD INSTITUTE INC has a broad base — no single funder exceeds 22% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

76% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE GOOD FOOD INSTITUTE INC.

22%
largest funder
47%
top three
~10
effective funders

Largest funder’s share by year: 2017 58% · 2018 20% · 2019 52% · 2020 25% · 2021 10% · 2022 40% · 2023 30% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

47% of THE GOOD FOOD INSTITUTE INC's funders are still giving 3 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

68% of THE GOOD FOOD INSTITUTE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $32M that is directly attributable, 100% of it comes from funders outside Virginia, across 29 states.

WA
MT
MN
IL
WI
NY
MA
NV
WY
IA
OH
PA
NJ
CT
RI
CA
CO
KY
MD
DE
AZ
NM
KS
NC
SC
DC
LA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $69M arriving through sponsors registered in 18 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE GOOD FOOD INSTITUTE INC has grown faster than three-quarters of the 268 food & nutrition nonprofits its size.

Operating margin−26% · bottom quartile
Months of reserve3.0mo · above the median
Revenue growth (annualized)27% · top quartile

this organization peer median middle 50% of peers· 268 food & nutrition nonprofits $10M–$100M, FY2024

Organizations like THE GOOD FOOD INSTITUTE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 16%Fundraising 9%

Governance

7
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

81%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 27 states

NH
MN
IL
WI
MI
NY
MA
OR
PA
NJ
RI
CA
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
MS
AL
GA
FL

Part of a family of 7 related entities

  • The Good Food Institute Asia Pacific · disregarded
  • Associacao the Good Food Inst Do Brasil · disregarded
  • The Good Food Institute Europe Asbl · disregarded
  • Alternative Protein Solutions Private Limited · disregarded
  • The Good Food Institute Israel · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for THE GOOD FOOD INSTITUTE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE GOOD FOOD INSTITUTE INC?
THE GOOD FOOD INSTITUTE INC (Virginia) receives grants from 155 organizations whose IRS filings report $101,303,445 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($21,797,309). 82 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE GOOD FOOD INSTITUTE INC have?
IRS filings report 155 organizations giving $101,303,445 in grants to THE GOOD FOOD INSTITUTE INC, 82 of which have funded it in more than one year.
Who is the largest funder of THE GOOD FOOD INSTITUTE INC?
NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $21,797,309 in grants. The full list of funders is on this page.
How can an organization like THE GOOD FOOD INSTITUTE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 155 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing